Stock market mixed in moderate activity with shipbuilders up
New York trading opened with a mixed market and modest turnover. Shipbuilding stocks rose in light dealings while US Steel eased and Lukens Steel climbed beyond three points. Major oils and rail shares varied, with some firms like Newport News Shipbuilding advancing and others such as Santa Fe and Southern Pacific easing.
MENTIONED IN THIS ARTICLE
Bethlehem
Youngstown Sheet
Lukens Steel
Cooper-Bessemer
Newport News Shipbuilding
Both Iron Works
Cotton futures open higher and lower in New York
In New York today cotton futures opened five cents a bale higher to ten cents lower, reflecting a mixed early session as traders weigh supply and demand signals. Market activity shows modest volatility with price shifts in early trading.
MENTIONED IN THIS ARTICLE
New York
Market trends show slow growth amid April softness
April brought only faint optimism as earnings rise modest while orders lag and inventories cut. Home building and auto sales underperformed with mixed basics. steel and metals show mixed results, and shortages shift to oversupply amid fragile price trends. Energy and aircraft firms show slight gains.
MENTIONED IN THIS ARTICLE
Oggaan
Apel
Santa Tee
Dow Jones Averages Report Amid Trading Activity
The Dow Jones averages show figures around the mid 140s with changes noted during the noon to 1 pm period. Trading volume reached several hundred thousand shares across various listings, reflecting active market moves.
Probers Question Bettendorf in New Tack on Bribe Payments
Bettendorf testified he paid about $4,000 to Joseph McHugh and Robert Malloy of the Scranton Teamsters to win union permission for deliveries to the Tobyhanna Signal Corps depot. He claimed the government knew of the payments and that he cooperated with the FBI for two years. Kennedy pressed that the men face federal indictment in Scranton on charges tied to the case.
MENTIONED IN THIS ARTICLE
Bettendorf
Kennedy
McClellan
D-Ark
Joseph McHugh
Scranton
Teamsters Union
Signal Corps
Tobyhanna
McHugh
U. S
Sen. Kennedy
D-Mass
Se Ee McHugh
Robert Malloy
Union
FBI
Boy 2 Is Hurt After Running Into Car Side
Louis Edward Graham, 2, of 1609 Brooks St., suffered minor abrasions when struck by a car driven by 75 year old Shepard S. Whitted of Wendell St. The incident, not immediately reported, is under investigation with no charges yet filed.
MENTIONED IN THIS ARTICLE
Louis Edward Graham
Brooks St
Shepard S. Whitted
Wendell St
Whitted
Thomas G. Terrell
Clinton Street
Jacobs and
Tomlinson Streets
John H. Robbins
Tomlinson Street
Eilis Brooks
Fairfield Road
South Hamilton
Russell Streets
Mario Rocca DeLuca
Clara Cox Apts
DeLuca
Brooks
Rocca
Harrison M. Carter
Ridgeway Drive
W. R White
Woodbury Street
Carter
E. Green Street
White
Forrest Avenue
James B. Butler
Jordan Rejects United States Aid Tied to Doctrine
Jordan rejects linking any aid to the Eisenhower Doctrine while stressing sovereignty. Washington says the Jordan government asked for help last weekend and will use regular foreign aid funds. Foreign Minister Rifai says aid should be unconditional and not affect Jordan's independence. The U.S. and Jordan discuss using 10 million dollars plus existing five million for development through the operations mission, with no invitation for James P. Richards to Amman.
MENTIONED IN THIS ARTICLE
Washington
State Department
Lincoln White
Jordan
James P. Richards
U. S.S
Middle East
Amman
Hussein
U. S
Harold S. Nelson
Cotonam Laxative Promises Overnight Relief
An advertisement touts Cotonam as a superior bulk laxative that remoistens dry waste and stretches the colon to restore normal urge. It claims safety for pregnant women, no bloating or rash, and encourages purchase at counters for 98 per tablet pack, asserting relief in one night.
Sterilization Measure Favored By Senate Vote
The Senate considered a bill regulating lawyers who practice real estate. An amendment to exempt realtor lawyers was noted, but the measure was returned to committee and then sent back to the Senate without further amendments.
MENTIONED IN THIS ARTICLE
Senate
Man Swerves to Avoid Vehicle Strikes Light Pole
Investigators say Forrest Avenue driver Butler swerved to miss a vehicle in front of him as it began a turn, causing him to strike a light pole. Officers reported the sequence of events.
MENTIONED IN THIS ARTICLE
Forrest Avenue
Butler
de Soto
Also Mentioned on This Page
General Motors
Chrysler
Ford
Studebaker-Packard
Amerada
Gulf Oil
Kennecott Cooper
Gypsum
American Telephone
International Tele
Phone and Commonwealth Edison
Illinois Central and Southern Railway
Santa Fe and
Southern Pacific
Bache & Co. Can Co
Allied Chemical & Dye Corp
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
New York Central RR
Cone Mills Corp
Carolina Li Power
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Greyhound
General Dynamics
General Electric
Goodyear Tire Rubber Bos
International Harvester
International Tel
Standard Oil Co
Col Jones Laughlin Steel
Johns Manville
Loew's Inc
Phillips Petroleum
Pennsylvania Railway
Proctor & Gamble
Reynolds Tobacco Sals Blic Steel
Southern Ry Stevens Co
American Tel. & Tel the Texas Co
Business Mirror
By Sam Dawson
Wall Street
Dow-Jones
Bache & Co
Ca. Ai
Probers
Neesles
Chicago
Louisville
Lys
Plelinon
South Main Street
Detroit
Michi
DeSoto
NTS
Groucho Marx II
NBC Networks
Southern Motor Company
High Point
N. C
Licenge
Philipine
Baby Pants
Carole
Belk-Beck Co
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