Market session mixes gains and losses amid steady volume
New York stocks drifted moderately with measured activity around two million shares. The market softened slightly as steel issues fell while motors and some aerospace names rose. United Aircraft and General Dynamics moved up ahead of a White House moon program.
MENTIONED IN THIS ARTICLE
New York
United Aircraft
General Dynamics
White House
Reynolds Metals
du Pont
Phelps Dodge
Associated Press
Admiral Corporation
Alleghany Corporation
Allied Chemical & Dye Eecesedla
Allis Chalmers Mfgweweweeee Bt
American Can
American Smelt & Ref
American Tel & Tel O
American Tobacco
Atchison, Top & SF
Peetpaueseee Atlantic Refinery
Secceveesss
Avco Manufacturing
Eastman Kodak
S.csees
Firestone
General Electric
General Motors
Goodrich Rubber
Lockheed Aircraft
Ccccscoseee
Lorillard & Company
Ccces
Louisville & Nashville
Magnavox Radio
Ssscosees
Montgomery Ward
National Cash Register
National Dairy Product
National Distillers
Csssece
New York Central
North American Avia
Northern Pacific Eee
Ohio Oil Company
Pacific Gas & Elec
Pacific Mills
James D Monteith Wins First Bar Ind UNC Scholarship
Sylva junior James Derel Monteith won the Burlington Industries Scholarship at the University of North Carolina. The $1,000 award funds $500 yearly for junior and senior years, matched by nationals. Phi Beta Kappa selected Monteith as outstanding rising junior.
MENTIONED IN THIS ARTICLE
James D.monteith
UNC
Chapel Hill
James Derel Monteith
Sylva
Burlington Industries
University of North Carolina
Burlington Industries Foundation
N. C. State College
Clemson College
Georgia Tech
North Carolina
South Carolina
Virginia
Tennessee
Iself
Phi Beta Kappa
Monteith
Pakistan Slashes Value Of Its Currency
Pakistan cuts rupee value from 30 to 21 U.S. cents to align with sterling bloc currencies. Government cites hope of boosting exports as Britain’s pound devaluation preceded, with Karachi tracking foreign buyers for growing manufactured goods.
MENTIONED IN THIS ARTICLE
Pakistan
Karachi
U.S
Britain
Release of 11 U N Airmen Elicits Bipartisan Jubilation
Secretary of State Dulles and lawmakers welcomed news that 11 U N Air Force fliers held by Red China were to be released. Dag Hammarskjold had pressed for their freedom, and officials said reunions with families would occur as soon as possible. Congress voiced optimism that other Americans in China may be freed and hailed the development amid ongoing Geneva talks.
MENTIONED IN THIS ARTICLE
United Nations Command
U. N
Dag Hammarskjold
Red China
Miers
Hagerty
Far East
Congress
U. S
China
State Dulles
United States
Peiping
Red
Dulles
State Department
Dullesse
U.S
Geneva
Capitol
Sen. Knowland
California
Senate
Sen. Wiley
R-Wis
Senate Foreign Relations Committee
House
Martin
Mass
Stassen drafts plan to halt atomic weapons production
Harold E. Stassen, Eisenhower's disarmament aide, proposes a complete halt to atomic and hydrogen bomb production and to further H-bomb tests. He seeks an early warning system with international inspectors and a reduction of nonatomic forces, to be reviewed by a UN subcommittee resuming Aug. 29 at the United Nations. The plan aims to curb production after recognizing inspectors cannot detect already produced nuclear material. The Pentagon opposes lacking sufficient inspection measures.
MENTIONED IN THIS ARTICLE
New York
New York Times
Harold E. Stassen
Eisenhower
Times
United Nations
Stassen
Pentagon
U.N. Disarmament Comission
U.N
Geneva
Girl 19 commits suicide during shotgun carousal in woods
In Weston Connecticut Lynn Faust and her boyfriend Buell Neidlinger 19 hunted for crow when she asked to use his 16 gauge shotgun He handed it over She kissed him then used the gun to kill herself instantly Neidlinger was shaken and treated.
MENTIONED IN THIS ARTICLE
Weston
Conn
Lynn Faust
Buell Neidlinger
Neidlinger
Lynn
HarrySillips
Elizabeth Taylor Recovering in California Hospital
Actress Elizabeth Taylor is improving in Santa Monica at St Johns Hospital after admission for a superficial infection in her right leg. Dr Buckley says she will stay several days for treatment and observation.
MENTIONED IN THIS ARTICLE
Santa Monica
Calif
Elizabeth Taylor
St. Johns Hospital
Robert Buckley
Can You Answer These Headline Quiz Questions
A quiz asks 7 prompts on NATO stance bicycle tariffs no hit games Mizrachi beliefs and Philo Vance creators. Readers must check options and confirm answers on the page.
MENTIONED IN THIS ARTICLE
Russia
NATO
Automobile Club of America
Tariff Commission
New York
Inneeee
Paris
Geneva
Mizrachi
Philo Vance
S. van Dine
Weather outlook with scattered showers expected
Low tonight 71 and high tomorrow 88. Today's high 86 and last night low 69. Sun sets at 7 24 p m and rises at 5 27 a m tomorrow. Associated Press note about wirephoto map. Scattered showers remain in the forecast.
MENTIONED IN THIS ARTICLE
Associated Press
Solons Press Cabinet Level Cotton Plan To Aid Exports
About 100 senators and House members urged President Eisenhower to take up a new cotton program at cabinet level. Sen. George led 35 senators and 60 House members in pressing for policy to expand exports and adjust import limits, amid ongoing CCC surplus sales talks.
MENTIONED IN THIS ARTICLE
Washington
House
Eisenhower
Sen. George
D-Ga
Commodity Credit Corp
CCC
Sens. Eastman
Miss
Bond
D-Sc
United States
Benson
George
North Carolina and South Carolina Forecast Update
Partly cloudy warm and humid with scattered showers or thunderstorms mainly in western and southern portions this afternoon and evening. Highs 86 to 92 and lows mid 60s in the mountains to 70s elsewhere. South Carolina combines warm humid conditions with widely scattered thunderstorms this afternoon and Tuesday.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
DeMolays Launch 25 Percent Membership Drive
Greensboro report says the North Carolina Order of DeMolay targets a 25 percent rise in members. Dean Soots notes plans to grow chapters from 32 to 42, with current membership around 4 500.
MENTIONED IN THIS ARTICLE
Greensboro
Northarolina Order of DeMolay
Dean Soots
Masonic Organization of
Also Mentioned on This Page
Paramount Pictures
Penney J. cc
U.S. Smelting & Ref
United States Steel
Sesesee
Vanadium Corporation
Virginia Care Chemical
West Auto
Pesci Air Lines
Pittsburgh
Leala
Charlotte
Weather Bureau
Asheville
Atlanta
Boston
Chicago
Columbia
Denver
Detroit
Greenville
S. C
High Point
Little Rock
Los Angeles
Memphis
Miami
Mobile
New Orleans
Scess
Sascesceseae
Raleigh
Eee
San Antonio
San Francisco
Oreveesces OD
Wilmington
Solons
Georgia
Ite House
Agriculture Department
GENERAL@ ELECTRIC
N. Main ST
Gulf Station
Gulf
New Gulf
Gulf Super-Refining
New Gulfpride
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