Stock Market Roundup Fairfield April 29 1959
The New York stock market showed fairly active trading with many declines and several gains. U S Steel fell about 2 points, Texas Instruments dropped around 6, and U S Gypsum slid about 3, while Wheeling gained near 1 point on higher earnings news. Merck rose just over 1 point as other major issues fluctuated. Bonds were unchanged to slightly lower.
MENTIONED IN THIS ARTICLE
NEW York
U.S. Steel
Lukens
Wheeling
Zenith
Texas Instruments
U.S. Gypsum
Sperry Rand
Wall Street
General Tire
Merck
U.S
Greensboro air service urged at CAB hearing
Ceasar Cone of Greensboro textile firm urged the Civil Aeronautics Board to expand air service at Greensboro High Point and Raleigh Durham airports. He noted no new directions since 1946 while Piedmont Aviation cities benefited. He cited nearby routes and urged a better Winston Salem pattern to aid local business and development.
MENTIONED IN THIS ARTICLE
Washington
Ceasar Cone
Greensboro
N.C
Civil Aeronautics Board
Greensboro High Point
Raleigh - Durham
Piedmont Aviation, Inc
Tayetteville
Bristol
Va.Tenn
Roanoke
Dow Jones Averages at Noon and Close
Stock averages listed by Bache & Co show the Dow Industrials at 626.42 at noon and around 625.00 at close. Rails stand near 166.17 noon with 166.22 and 166.28 later. Volumes reported around 690,000 at noon, 1,260,000 at mid-session, and 1,770,000 at close.
MENTIONED IN THIS ARTICLE
Bache & Co
American Can Co
Allied Chemical & Dye
Adams-Millis Corp
American Tobacco Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RR
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodaks Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Harvester
Teen-Ager Receives Prison Time For Theft Spree
An 18 year old Reed Street youth was sentenced in Municipal Court after officers charged Wilbur Eccles with breaking and entering and two counts of larceny and receiving. He admitted thefts from Huff's Shoe Shine Parlor on E Washington Street and the Econo-Wash on Hoover Street along with a high school break in. Eccles received consecutive eight month terms at a first offender camp for the larceny counts and was bound over on the breaking and entering charge. He noted multiple past training school stints in court. Another case saw Billy G Hill get an eight month term suspended for three years for driving during revocation. he must also pay a 225 dollar fine and court costs.
MENTIONED IN THIS ARTICLE
Reed Street
Wilbur Eccles
Huff
E. Washington Street
Young Eccles
Hoover Street
William Penn High School
Byron Haworth
Eccles
Ao Court
Billy G. Hill
N. Main Street
Hill
North Carolina Foundation gifts High Point College 15027
The North Carolina Foundation of Church Related Colleges awarded High Point College 15027 as its share of 306350 distributed among 26 colleges. The fund, collected last year from about 200 state business firms, will be divided 60 percent equally and 40 percent by enrollment. The foundation has amassed 835605 in six years. Richard G. Stockton of Winston-Salem was reelected to a third term as president at yesterday's Winston-Salem meeting.
MENTIONED IN THIS ARTICLE
Methodist School
Winston - Salem
Richard G. Stockton
Race Relations Discussed By Episcopalians
About 55 white and Negro clergy from North Carolina met at St Mary’s Church for a clergy conference on racial matters. The Rt Rev Gresham Marmion of Kentucky spoke and a panel including bishops William Marion and Richard H Baker, Virginia and Southwest Virginia, plus professors and pastors, discussed racial affairs. The opening service was led by Bishop Baker, successor to the late Ed win A Penick.
MENTIONED IN THIS ARTICLE
Episcopal Diocese of
North Carolina
Gresham Marmion
Kentucky
St. Mary's Episcopal Church
William Marion
Southwest Virginia
John Q. Beckwith
Virginia Episcopal Seminary
Alexandria
Robert Siler
Department of Christian Social Relations
Diocese of
Virginia
iRev
William P. Price
Re Mary's
Richard H. Baker
Edwin A. Penick
Calm Returns to Harriet Henderson Cotton Mills Strike
Henderson NC AP calm settles over Harriet Henderson Cotton Mills as work resumes quietly and picket lines show no disorders. Gov Hodges urges union and management leaders to resume negotiations after a 25 week strike. Cooper signals willingness to meet, but cites death in family and says few strikers claim open jobs.
MENTIONED IN THIS ARTICLE
Gov. Hodges
John D. Cooper Jr
Boyd Payton
Carolinas
Textile Workers Union of America
Cooper
Cash Taken From Local Church Safe
A First Baptist Church safe was left open during lunch yesterday and about $35 in cash was stolen. The church financial secretary Mrs E H Shufelt reported the larceny after returning to the building. Several people had access and entrances were locked. Police noted ongoing auto accessory thefts with three new victims. Bruce Weavil reported a missing tire and wheel since last Saturday. W P Brown lost two white floor mats from his car yesterday. W H Wendler reported a carton of cigarettes and $25 in electrical tape stolen from his auto last night.
MENTIONED IN THIS ARTICLE
First Baptist Church
E. H. Shufelt
Bruce Weavil
Sherrod Street
W. P. Brown
Tabor Street
W. H. Wendler
Parkway
Sign ad hints at reopening drive-in in Lowell
An AP brief notes a Lowell Ohio sign ad suggesting the drive-in is reopening as spring arrives. The message uses a catchy couplet about the season and cinema, indicating the theater plans resume operations with the warmer weather.
MENTIONED IN THIS ARTICLE
Lowell, Ohio
Ira Gershwin Recovering After Surgery
Hollywood AP reports composer Ira Gershwin 62 recovering in a California hospital after surgery for an undisclosed ailment. Brother of George Gershwin, he underwent the procedure earlier today and is listed in satisfactory condition.
MENTIONED IN THIS ARTICLE
Hollywood
Calif
Ira Gershwin
George Gershwin
Chile Nitrate Exports Fuel WWI Trade Neutral Stance
Chile maintained neutrality in World War I while selling nitrate to both Great Britain and Germany, leveraging its key export to influence wartime supply lines and maintain economic leverage amid global conflict.
MENTIONED IN THIS ARTICLE
Chile
Great Britain
Germany
Strikes at Mills Escalate Over Second-Shift Jobs
Violence and riflefire disrupted the mills across several nights. Strikers argued more second-shift positions should be offered, fueling ongoing tensions and clashes with workers.
Puerto Rico Citizenship Granted by Jones Act of 1917
The Jones Act of 1917 granted United States citizenship to inhabitants of Puerto Rico, marking a major change in colonial status and rights for residents. This act defined political status and eligibility for federal programs affecting PR communities.
MENTIONED IN THIS ARTICLE
Puerto Rico
Also Mentioned on This Page
High Point Enterprise
Monark
Monark Shade Co
Cone
Philco
Ee Philco
Sey
Philco 295
Garment Storage Service
S. Main St
High Point Laundry
N. Wrenn St
Dow-Jones
High Point College
North Carolina Foundation of Church Related Colleges
S. Wrenn
Maytag
RCA
Cyv
Weathertron
P Electric
N. Main St
Adeas
Pigskin Casuals
Athe
Naturalizer
Dick Culler
Fashion Dept
Navy
Cardigans
Cabana
Cash — Layaway
Bermudas
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