Stocks Drift After Mixed Earnings In New York
Trading at a moderate pace stocks fell on disappointing earnings from firms in metals oils and chemicals. Eastman Kodak Allied Chemical and several others declined while Magma Copper and Kennecott rose slightly. Dow Jones Industrial Average slid from steady to lower as traders digested first quarter profits and copper price boosts.
MENTIONED IN THIS ARTICLE
New York
Eastman Kodak
Allied Chemical
Kodak
Revere Cooper
Standard Oil
New Jersey
Sinclair, Texas Co
Socony Mobil
Socony
U.S. Steel
Chrysler
General Motors
Youngstown Sheet & Tube
Union Carbide
Goodrich
Bethlehem
Douglas Aircraft
American Can
Gen
American Can PR
Allied Chemical & Dye
American Tobacco Co
Bethlehem Steel
Burlington Mills
Hak
Denen
New York Central RR
Cone Corp
Carolina Light & Power “A
DuPont de Nemours
Dow Chemical
Borstis
Eastern Airlines
Casthe
Edison
Cc Dieves
General Dynamics
Ge Jy Cadas
Johns Manville
Loew's
ING
Ccs Cseseeees Cose
Norfolk & Western Rwy
Youngstown Sheet & Ore
F. W. Woolworth Co. Am
Industrial Price Trend Points Down as Slump Bites
Business Mirror notes signs of downward moves in some industrial prices amid a business slump. The 12 Federal Reserve banks see inflation as entrenched, requiring a deeper recession for meaningful price relief. Corporate buyers mark a slow drop in manufactured items while raw materials also ease. Negotiations between auto workers and manufacturers loom as a wider pattern setter for wage contracts this year.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Banks
Assny of
Federal Reserve
Detroit
Auto Parts Co Store Looted on Greensboro Road
Sheriff's deputies report a weekend break in at Dillon's Auto Parts Co on Greensboro Road. Thieves netted about 150 dollars in loot including batteries and hubcaps after drilling a back door and unlatching it. Owner Worth Dillon has listed items missing. investigation continues.
MENTIONED IN THIS ARTICLE
Sheriff's Deputies
Dilon’s Auto Parts Co
Greensboro
Worth Dillon
Realty Transfers in Point Township Details
Real estate transfers include James E. Huckaby to Kavanagh and Company for Eastside lots and Preston Laughlin and wife to Robert W. Edwards and wife for Bennett property.
MENTIONED IN THIS ARTICLE
H Point
James E. Huckaby
Kavanaghare & Company
Lots
Eastside
A . Preston Laughlin
Robert W. Edwards
lot _Bennett
Reuther Proposal Rejected in Auto Labor Talks
DETROIT General Motors and Ford rejected Walter Reuthers plan to pause bargaining until September while Chrysler was seen as likely to back the union. The UAW asked for a three month extension of current contracts and proposed price cuts to move 850000 unsold cars.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Ford Motor Co
Pate Wier
Chrysler Corp
United Auto Workers Union
Reuther
General Motors
Ford
Bargai
Harlow H. Curtice
Henry Ford II
Race Issue Triggers Split At Church Assembly
The article reports a division over race issues within a church assembly. Dr. Millard explains the stance as the assembly extends the present stated clerk Dr E S Scott of Columbus Mississippi until July 24 1959 and sets Millards term from Scotts retirement until the 1962 General Assembly convenes.
MENTIONED IN THIS ARTICLE
Millard
Assembly
E.S. T
Columbus
Miss
Scott
General Assembly
Ports Pump Money Into Economy
The State Ports Authority said its facilities added 5.23 million dollars to the state economy last year based on cargo tonnage. Ocean terminals at Morehead City and the State Docks in Wilmington contributed, with per ton values of 13 dollars for general cargo and 3 dollars for petroleum, after a corridor survey of waterborne commerce.
MENTIONED IN THIS ARTICLE
Raleigh
State Ports Authority
D. Leon Wilae
Wilmington
Williams
State Docks
State
Middle Atlantic
Hit and Run Drivers Sought By Cops
Two hit and run incidents were reported to police. William H Bowen of Southern Pines had his car damaged on Quaker Lane when an unidentified vehicle swung wide on a left turn. H J Chapman of Route 1 Trinity saw damage to his parked car on Park Street. Police continue investigations.
MENTIONED IN THIS ARTICLE
William H. Bowen
Southern Pines
Bowen
Quaker Aan
H. J. Chapman
Route 1
Trinity
Park St
Critics Debate Defense Restructuring Proposals in Committee
Representative Hebert argues the White House plan to strengthen the defense secretary’s military role is marketed with space age slogans. Twining dodges questions on prewar unified commands, while Coolidge cites language issues in current authority among services. Durham notes study on Eisenhower proposals possibly altering atomic weapons policy.
MENTIONED IN THIS ARTICLE
Hebert
D-La
Secretary of Defense
Ogyatt Twinings
D-Ill
Twining
U.S
Plant Inputs and Pest Pressure for Farmers
A study compares the effects of EN versus plant-based materials on farm inputs. It analyzes field performance, pest suppression, crop yields, and material costs across multiple crops and regions.
Stay Skinny Diet Ad Claims Mineral Aids Body Image
An old promotional piece touts cod liver oil and mineral supplements as the key to becoming thin and attractive. It targets both men and women, alleging underweight stems from missing nutrients and urging readers to start a regimen with a product line at local drug stores.
MENTIONED IN THIS ARTICLE
Beesuse
Streseth
Pier Oat
Schizophrenia Can Show In Infants
Los Angeles psychiatrist Dr Edward G Colbert said schizophrenia can begin as early as 3 or 4 months old. Early signs include withdrawal and tantrums when play is disrupted. treatment involves reeducation of mother and child and teaching parents how to give attention and affection.
MENTIONED IN THIS ARTICLE
Los Angeles
California Medical Assn
Edward G. Colbert
Neuropsychiatric Institute
University of California At
Colbert
Met Museum Holds Hemisphere’s Largest Art Collection
The Metropolitan Museum of Art in New York City maintains the Western Hemisphere’s largest art collection. It spans ancient to modern works and draws visitors worldwide to its galleries and special exhibitions.
MENTIONED IN THIS ARTICLE
New York City
Metropolitan Museum of Art
Also Mentioned on This Page
Eral Electric
Southern Railway
Southern Pacific
Magma Copper
Anaconda
Kennecott
Royal Dutch
Associated Press
America Bank
J. Sturgis May & CO
Tocks and Boys Bank Bidg. — Mise Point
Wfmy-Tv
Amos
Andy
Mr. Adams
Eve
Art Linkletter
WBTV
Charlotte
Sky Kinee Weatherman
Adams & Eve
Ted Trath
Rok
Hed Skelton
Roperties
Bedford Sales. Co
Carolina
Tri-City Termite Co
N. Wrenn BT
Chapel Hill
Wsoc-Tv
Meet McGraw
Bob Cummings
Ae Patrol
Dayton Tires
Hughes Tire Service, Inc
Fe. F
Hughes
North Main
Wsls-Tv
Roanoke
Uncle Looney
Jack Paar
Sante Tely
RCA Victor
Dumont
Admiral
Television
North Main ST
Wsjs-Tv
Winston-Salem
Eddie Fisher
McGraw
Bob Cummmings
Dow-Jones
Bache & Co
Jly
Sb Reeeregene
Bd Diy
Business Mirror
By Sam Dawson
Auto Parts Co
Am¢ Church
Dr. Millard
Piedmont Natural Gas Eee Company
S$. Main ST
Geer Mace
MeCoy’s
Mann's Drug Stores
P. O
Burlington
N. C
Burt Lancaster
Clark Gable
Cole Younger, Gun Fighter
Col
Frank Rovéleya
Puta
Otto Preminger
Martita Hunt
FIR
Stision
SUN
wsMaScore Eastman
Thom
Siville
Tar “A
Paramount
Presen
Dana Andrews
Linda Darnell
Sterling Hayden
High Point
AP Science Reporter
Mialto
Severing van Johnson
OH Hoouak
Caro Montalgan
George Murphy
All America
W. C. Handy
Tom & Jerry
George
Montgomer
Paramount Presents
Anthony Quinn x
Franciosa
Hal Wallis
Sco
Merry Andrew
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