Stock market turns upward amid broad gains led by oils and steels
The market recovered from yesterday’s decline with advances across sectors. Royal Dutch, Gulf Oil, US Steel, Bethlehem Steel and Kennecott posted gains while Allied Chemical and Dow stayed near yesterday’s levels. Rails showed narrow movement and trading volume neared two million shares.
MENTIONED IN THIS ARTICLE
Wew
York Wy
Royal Dutch
Gulf Oil
Standard Oil
New Jersey
Texas Co
Bethlehem
Youngstown Sheet & Tube
Republic
Wheeling Steel
Anaconda
Kennecott
American
General Motors
Studebaker- Packard
Ford
Chrysler
American Telephone
Consolidated Edison
du Pont
Union Carbides
Allied Chemical
Dow Chemical
Rails
New York Central
Baltimore & Ohio
Southern Pacific
Bethlehem Steel
Gplong Corp
Chrysler Corp
New York Central RR
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Eastern Airlines
Consolidated Edison Eastman Greyhound Corp
General Dynamics
General Electric
Goodyear Tire & Rubber
International Harvester International
Tel
Norfolk & Western
Phillips Petroleum Pennsylvania Railway
Pepsi-Cola Procter & Gamble
Neynolds Tobacco Republic Steel Sears Roebuck
J. P. Stevens Co
American Tel
the Texas Co
Union Carbide & Carbon
United
Suez Dispute Puts Pressure on U S Business
The Suez Canal crisis raises cost of living fears for Americans as ships and goods may face higher tolls or longer routes. Businesses weigh risks to long term plans amid possible traffic stoppage and fuel, rubber, tin can, and steel costs. Arab nationalism and canal control add further uncertainty for oil majors with Mideast concessions.
MENTIONED IN THIS ARTICLE
New York
Suez Canal
U.S
Africa
Mideast
Nasser
Nile
TV Guide Row Without Clear Story or Date
Channel listings include WBTV Charlotte segments Exo Reporter 644 Weatherman Vespers Death Waller Point am Arthur Smith Eddie Cantor with scattered times and numbers not forming a coherent news item.
MENTIONED IN THIS ARTICLE
Death Waller
Arthur Smith
Eddie Cantor
Well Water in Illiff Neighbors Recall Station Pump
Illiff Colorado stands out as the only northeastern town with cool well water from a town pump. Octogenarian O. O. Hillman, 73, recalled the pump operating when he arrived in 1905, while other early residents cannot remember its first use.
MENTIONED IN THIS ARTICLE
Illiff
Colo. i
Tiliff
Colorado
O. O. Hillman
Dow Jones Averages Mixed as Trading Closes
The Dow Jones averages show varied readings at midday with Bache & Co furnishing figures. Trading activity included volumes around 820,000 to 1,170,000 shares as stocks list and prices fluctuate through the session.
MENTIONED IN THIS ARTICLE
Bache & Co
Cotton futures open steady with near term rise
New York cotton futures began unchanged to 30 cents a bale higher on the day as buyers waited for market guidance.
MENTIONED IN THIS ARTICLE
New York
Foreign Policy Debates and Cold War Critique
The speaker criticizes postwar U S foreign policy, urging wise use of farm surpluses to aid the hungry abroad without destabilizing markets. He advocates a U N trusteeship for Formosa, an arms balance for the Near East aiding Israel, and argues the Truman blueprint fared better than later shifts.
MENTIONED IN THIS ARTICLE
Tual
Nathan
U. N
Formosa
United States
Near East
Israel
Benton
Truman
Eisenhower
State Dulles
Chiang Kai-shek
Yalta
Ike Sinks Bulganin Letter as Conference Talks Unfold
Movements and parliamentary statements threaten peace as Britain, France, and the United States press for a 24 nation conference on canal control. Talks discuss internationalizing the Suez Canal while invitations lag and nations weigh proposals. Oil shares slide in London, NATO huddles in Paris, West Germany weighs Aug 16 conference invite.
MENTIONED IN THIS ARTICLE
Britain
France
United States
George Young
British
Foreign Office
Suez Canal
Lars
London
Egypt
Council of the North Atlantic Treaty Organization
Paris
NATO
Bonn
New Delhi
Suspension For Check Case At Municipal Court
Albert Smith of Grace Street received a suspended 69 day sentence for issuing worthless checks. He must replace the $49 check to Norman Brown Jr. of Cross Roads Grocery Co and pay costs for drinking beer in a public place. Gertrude Ward Atkins was found guilty of public drunkenness. she will be medically examined. Robertson Jr. on Furlough Street had his prohibition charge dismissed.
MENTIONED IN THIS ARTICLE
Albert Smith
Grace Street
Smith
Norman Brown Jr
Cross Roads Grocery Co
Gertrude Ward Atkins
Ward Street
Frank Robertson Jr
Afghan government approves Egypt’s action, Bassy says
Bassy announced that Afghanistan’s government approved Egypt’s action, signaling a diplomatic alignment amid regional tensions and Hanoi discussions.
Also Mentioned on This Page
Bache & Company
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Business Mirror
Suez
By Sam Dawson
IRECT
Knoxville
Charlotte
Asheville
Hendersonville
Chattanooga
Memphis
Raleigh
Durham
Norfolk
Capital Airlines
Wfmy-Tv
Greensboro
Arthur Godfrey
Paul
WBTV
RCA Victor Television
Piedmont
North Carolina
Television Sales and Service Co., Inc
N. Main St
Wsls-Tv
Roanoke
Wsjs-Tv
Winston-Salem
Frankie Carte
Caravanhoe
Phoebe
Arene
Pomier
Dayton
Dayton Tires
Hughes Tire Service, Inc
1818
Norte
WTOB
tUnpoar
Wunc.tvv
Chapel Hill
Channel 4
Dow-Jones
Prey
Ett
Meinhard & Company, Inc
Fourth Ave
Southern Rep
von D. Oehmig
Columbus
Dean
Doan
Lantic Savings and Loan Association
W. Washington ST
Ike
Bulganin
India
Ceylon
Indonesia
Young
Eden
London Stock Exchange
Wall Street
James Dean
KIT Taylor
Joseph Ka
Sterring Obert Newton
Connie Gilchrist
Upman Welion Gene Tierney
Ewale Ends
Warner Bros Present
Ei Ask AS
Hunter “Malone -Francis
Rescen
Thomasville
Mari
Coluirira Pictures
Locket Cinemascope
Maureen O'Hara
Tyrone Power
Pest Forives
Rogk Around the Clock
Johnny Johnston
Lisa Gaye
Bill Haley & His Comets
and the Platters
Burt Lancaster
Tony Curtis
Gina Lollobrigida
Colmela Pictures
Warwick
Victor Janet Mature
Leigh
Vafari
Ters Technicolor
Cartoon and News
Gregor
Gory
John Huston
Herman Welville
Bcom
Technicolor
Scorch
Raymond Burr
Terry Morse
Paramount
Drive-In
Greensboro Road
Tage
Hell
Crvitre
Midwaye 2
Ay “Ross
Set Mazen Whiate Fara
Mario Catton
Lewontin Predention
Thomas
Thomasnille Road
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