Market advances on steady volume amid Suez calm
New York stocks climbed for the third straight session led by industrials and utilities as investors priced in easing tension over the Suez crisis. United Aircraft and Gulf Oil posted about two point gains while many favorites such as Dow Chemical DuPont and General Electric moved higher in active trading.
MENTIONED IN THIS ARTICLE
New York
Wall Street
United Aircraft
Gulf Oil
Bethlehem Steel
Burlington Mills Corp
Or Corp, New York Central RR
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison Eastman Kodak Greyhound Corp
General Dynamics
General Electric International Harvester International Tel. & Tel
Standard Oil Co
Jones Laughlin Steel Johns Manville Loew's Inc
Norfolk & Western Ry
Phillips Petroleum Pennsylvania Railway
Suez Conflict Threatens Global Shipping Pace
Shipping leaders warn the Suez Canal dispute could tighten the already stretched world fleet. Japan launches the 84,730 ton Universe Leader as tanker demand rises. If Suez closes or becomes unsafe, Europe would face oil supply shifts, with 30 percent more capacity needed to move Middle East oil around Africa.
MENTIONED IN THIS ARTICLE
New York
Nasser
Suez
United States
Europe
Japan
Japanese Ministry of Transportation
American Bureau of Shipping
Bureau
Western Europe
Suez Canal
Africa
Egypt
Arab World
Easter Hemisphere
Western Hemisphere
Venezuela
U.S. Interior Department
Trucks Damaged In Accident On Hoover Street
Two bakery trucks collided at Coolidge and Hoover Streets at 12 25 p m causing about 400 damage to each vehicle. The Buchanan truck struck the Stone truck from the left rear turning it over. Drivers Milton Buchanan 47 and Joseph C Stone 20 were cited for traffic violations.
MENTIONED IN THIS ARTICLE
Coolidge
Hoover
Milton Buchanan
Joseph C. Stone
Thomasville
Buchanan
Stone
Dow Jones Averages Report From Bache & Co
The Dow Jones averages show 30 industrials near 925 with volumes around 1.05 million in today’s trading. The listing reflects a tight market with several stocks contributing to the broad movement.
MENTIONED IN THIS ARTICLE
Bache & Co
Senor
Stores Cut Prices for Dollar Days In High Point
Arnold Aronson leads the Merchants Association promotion with many merchants joining. Stores offer seasonal bargains from spring leftovers to new fall lines with some lots selling well below cost. Non members may participate and strive to exclude undesirable goods from sale.
MENTIONED IN THIS ARTICLE
High Point
Arnold Aronson
Merchants Association Committee For
Merchants Association
Rip Van Winkle Backaches Headaches Sleep Aid Ad
The ad promotes Deans Pills for nagging backache headaches and mild bladder irritation. It claims soothing relief, rapid action, and improved sleep after using the diuretic medicine trusted for over 60 years with economy sizes available.
MENTIONED IN THIS ARTICLE
Rip van Winkle
Maron
Banat
Musocher Cohen
Dean
Airlift Postponed and Suez Conference Moves Forward
Reports suggest postponed airlift involved certain personnel and smaller units. NATO in Paris declined comment while diplomacy widened as an Aug 16 opening date nears for a 24 nation conference on international control of the Suez Canal. Indonesia joined as the 20th participant. Iran said Egypt acted within its rights in nationalizing the canal but stressed securing free passage remains vital.
MENTIONED IN THIS ARTICLE
War Office
North Atlantic Treaty Organization
Paris
Indonesia
Britain
France
United States
Iran
Egypt
Suez Canal
Optimist Club Plans Grid Game Sponsor
Optimist Club members discussed sponsoring the N C State Wake Forest football game set for Oct 18 at Albion Millis Stadium. Proceeds from the contest and program ads fund boys’ projects. Ed Phibbs presided as Neal Beard of Merrill Lynch was announced as next speaker.
MENTIONED IN THIS ARTICLE
N. C
Truman and Stevenson clash over civil rights at Democratic convention
Report notes Truman as defending his 1947 rights booklet and warning that 1912 showed unexpected nomination paths. Harriman leads on first-ballot votes while Stevenson presses for explicit court-backed school integration. Hodges signals wavering support, Williams backs endorsement, and Michigan fights for four votes.
MENTIONED IN THIS ARTICLE
Truman
Woodrow Wilson
Harriman
Stevenson
Supreme Court
North Carolina
Luther H. Hodges
Raleigh
Hodges
South
Alabama
Georgia
Louisiana
Mississippi
James £. Finnegan
G. Mennen Williams
En- Williams
Ionia
Mich
Michigan
New York
Platform Committee
T4-L Foot Treatment Promises Fast Skin Recovery
Advertises T4-L for athletes foot to be used for 3 to 5 days with rapid drying effects. Claims old tainted skin sloughs off revealing healthy skin. Offers a 40 cent back guarantee at Cecil's Drug Store with in-store purchase.
MENTIONED IN THIS ARTICLE
Cecil's
Stop That Itch Ad at Cecil’s Drug Store
An advertising promo promises relief from itch in 15 minutes with Itch Me-Not. The slogan offers a 40 cent back guarantee if not pleased and notes availability at Cecil's Drug Store for use on rashes eczema ringworm insect bites and surface itch.
MENTIONED IN THIS ARTICLE
Cecil's Drug Store
Also Mentioned on This Page
Bache & Company
Business News
By Sam Dawson
Hoover Street
Ma O Almore Hotel
Honolulu
Hawaii
Haweiien
Isle
Lwew
Joseph Massaglia
Miramar
Santa Monica
Wilton Long Beach
Colif
EL Rancho
Gallup
Franciscan
Albuquerque
N. M Lac
Denver
Colorado
Raleigh Ashington
Cincinnati
Qhio Ce
Cecil
Dow-Jones
Jly
Reynolds Tobacco
Republic Steel
J. P. Stevens Co
American Tel. & Tel
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
U. S. Steel Oar
F. . Woolworth Co
Agy
GE Meat Pump
General GP Electric
Zett
N. Main ST
Mann
Main ST
Stores
Sander
Ford Candy
Hamuto
N. Main BY
Blackwall
E-Z Credit
Westinghouse
Clinton
Stratton
Cordovan
Cumulus Ae
Whitewall
ULM Ac
Optimist Club
Maryland
Roberts
Moskins
C.C. Camp Road
J. T. Davis
Lexington, N. C
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!