Stocks drift in mixed and quiet New York market
Trading opened with small price changes and a muted session. Volume neared 1.8 million shares as gains and losses shuffled among majors including Royal Dutch, Gulf Oil, US Steel, General Dynamics, Philco, Westinghouse and General Electric amid widespread minor fractions. The Associated Press average slipped to 188.80 at noon.
MENTIONED IN THIS ARTICLE
New York
International Oils
Royal Dutch
Gulf Oil
Sinclair
Standard Oil
New Jersey
Texas Co
US Steel
Bethlehem
Republic
Youngstown
Curtiss-Wright
United Aircraft
General Dynamics
Philco
Westinghouse
General Electric
Kennecott
Anaconda
du Pont
Allied Chemical
Dow
Union Carbide
Associated Press
Bache & Company
American Can Co
Allied Chemical & Dye
Adams-Millis Corp
Crecetinea
American Tobacco Co
Carolina Light & Power
Douglas Aircraft
Guill Oil
Dow Chemical
General Motors
Sastern Airlines
Goodyear Tire & Rubber
Consolidated Edison
International Harvester
Fastman Kodak Yt
International Tel, & Tel
Greyhound Corp
Standard Is Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western Ry
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Procter & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
N. P. Stevens Co
American Tel. & Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
U. S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Stock Market Ticker Ends With A Wild Duck Story
J. J. Oulette in Alberta during a gale heard noises in the chimney. He found a wild duck seeking shelter and released it two days after the storm subsided.
MENTIONED IN THIS ARTICLE
J. J. Oulette
Alberta
Canada
Oulette
Medical care price surge leads to insurance boom
Medical care now costs 132 percent of the 1947-49 average, the highest rise in the cost of living. Insurance protection expands as 110 million Americans gain hospital coverage, with 14 billion dollars in hospital charges split between Blue Cross Blue Shield and insurers. Major medical protection grows for 7 million, while disability and income-loss coverages rise, fueled by sick leave and workers compensation.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Bureau of Labor Statistics
Health Insurance Council
Council
Blue Cross-Blue Shield
Suez Parley Opens Amid Global Tensions
The London conference on Suez begins under rain as Foreign Minister Selwyn Lloyd is elected chairman. Eden stresses grave stakes while the Soviet Union presents its cautious stance and seeks peaceful resolution. The talks aim to supervise canal operations after Egypt nationalized the waterway.
MENTIONED IN THIS ARTICLE
London
Egypt
Selwyn Lloyd
Suez
Acts
Moscow
Anthony Eden
Eden
No. 10
Downing St
Shepsley
Wearaeng Gan Sp
Larne Pagal
Dow Jones Averages Mixed In Early Trading
The Dow Jones averages show minor variations across sectors with industrials near 165.5, rails around 165.5, and utilities close to 70.6 as volume ranges from 690,000 to 2,000,000 shares.
MENTIONED IN THIS ARTICLE
Bache & Co
Baal
Bie
Civil Rights Compromise Wins at Democratic Convention
The platform committee and Truman backed a strong civil rights plank as Sam Rayburn ruled down a stronger minority plan. The platform attacked Republican promises of peace as false, accused Eisenhower policies of endangering the free world, and pledged to raise living standards, repeal Taft-Hartley, and cut individual taxes for lower earners.
MENTIONED IN THIS ARTICLE
Douglas
Truman
John McCormack
Massachusetts
Platform Committee
United States
Sam Rayburn
Texas
House of Representatives
Rayburn
Lehman
New York
Eisenhower
Soil Bank Payments To Be Delivered
U S Agriculture Department plans to deliver about 42 million dollars in soil bank payments to farmers in the Carolinas and nearby states within weeks. Total 230 million in certificates will be issued to state farm committees after eligibility checks, with North Carolina 3.753 million, South Carolina 793 thousand, Georgia 1.377 million, Tennessee 2.963 million, Virginia 659 thousand.
MENTIONED IN THIS ARTICLE
Washington
Carolinas
U. S. Agriculture Deartment
Department
North Carolina
South Carolina
Georgia
Tennessee
Virginia
Home Economics Conference Held in Greensboro
About 500 home economics teachers gathered at Woman's College and A and T College in Greensboro to discuss child development family relationships and home management. Prof Elizabeth Crandall of the University of Rhode Island urged women to take pride in homemaking as a vital societal role.
MENTIONED IN THIS ARTICLE
Greensboro
Woman's College
A&t College
Elizabeth Crandall
University of Rhode Island
Foreign workers fill Swedish mining and metal jobs
About 125000 foreigners are now employed in Sweden, predominantly in mining and metal industries, reflecting a shift in the labor market and immigrant participation in high‑level skilled jobs.
MENTIONED IN THIS ARTICLE
Sweden
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