Stocks edge higher as market holds near noon gains
Stocks steadied after early declines with mixed results at midday. Trading slowed with 240000 shares in first hour, Atlantic Coast Line down to 92, Southern Railway up to 42, Santa Fe steady at 91, and Missouri Pacific up to 37 as oil equities moved in a narrow range.
MENTIONED IN THIS ARTICLE
Atlantic Coast Line
Southern Railway
Santa Fe
Missouri Paoeco
Texas Pacific Land Trust
New York
American Car & F
American Tobacco
Baltimore & Ohio
Bendix Aviation
Bethlehem Steel
Boeing Aircraft
Chesa’ & Ohio
Chry
Coca Cola
Colgate-P-P Continental Com
Douglas Aircra
International Harvester
International Nickeleet Eneee
International
Johns Manville
Kennecott
Kroger Co
Ligett & Myers
Losillard
Reynolds Tobacco
Leboard Afrlin
Sears Roebuck
aTty Southern Ca
S. Rubbers
Warner Bros. Scc
Western Union Ee
Westinghouse Air Bke
Westing
India Fails To Win Seat
A United Nations conference discussion centers on invitations to attend as U N representatives from South Korea and 16 member states, along with Russia, India, and a proposed 15 nation conference. The United States opposes a Soviet backed plan while Britain sponsors Indian inclusion. The list includes Red China and North Korea among two beligerents and nine neutrals.
MENTIONED IN THIS ARTICLE
South Korea
U. N
Korea
Russia
India
United States
Britain
France
U. N. Command
Red
Councilman Speaks To Sertomans On City Affairs
John Haworth, local attorney and City Council member, spoke to the Sertoma Club on city government functions and current Council activities. He discussed extending water service beyond city limits, boosting voltage for electrical loads, and water needs for High Point including a potential Adkin River reservoir. He also covered county revaluation and tax rate changes as Lt. Gov. Perrit visited.
MENTIONED IN THIS ARTICLE
John Haworth
Sertoma Club
Haworth
Brin
High Point
Adkin
Piedmont
George Perrit
Greensboro
Orville H. Frazier
Cantwell Survives Self-Called Artillery Fire In Korea
Lt. Samuel H. Cantwell of Bedford Village New York called artillery fire on his own position during a Chinese assault on the central front last July 14. He survived after more than 12 hours under bombardment, later captured and held in a prison camp, and credited fellow officers with thinking he deserved the nation's highest award.
MENTIONED IN THIS ARTICLE
Samuel H. Cantwell
Inchon
Korea
Harvard
Bedford Village
N. Y
Cantwell
TI Corps
William H. Bollin
Tampa
Fla
Bollin
ROK
16 year old accused killer is described as mental delinquent
Charlotte court records show Karey Harris, 16, labeled a mental delinquent after a 1950 theft. He was not placed in a training school due to lack of suitable facilities, while social workers note North Carolina has few secure or mental institutions for youths. Harris faces new charges for allegedly stabbing a nurse to death during a purse snatching attempt.
MENTIONED IN THIS ARTICLE
Charlotte
Karey Harris
Helen Swink
Wallace Kuralt
North Carolina
Kar¢y Harris
Goldsboro
Kuralt
Sli
Rail Union Leader Urges Industry Initiative
W. P. Kennedy of Cleveland head of the Brotherhood of Railroad Trainmen urged delegates at the Tri-State Booster’s Association meeting in Greensboro to act boldly to keep the industry thriving. He blamed carriers for cutting service and track when business slumps, warning that such moves threaten national defense and workers’ interests.
MENTIONED IN THIS ARTICLE
Greensboro
W. P. Kennedy
Cleveland
Ohio
Brotherhood of Railroad
North
South Carolina
Virginia
O. Henry
National Welfare
Kennedy
Robert Lee Whitaker 72 Dies in High Point
Robert Lee Whitaker 72 died in his sleep at 506 South Thursday after years of declining health. Born December 6 1880 in Davie County he moved to High Point 35 years ago. He owned B W Frame Works and later worked for Carrick Manufacturing Co retired in June. Survived by five daughters one son and many grandchildren great grandchildren. Funeral 3 pm Saturday at Calvary Church of the Nazarene with burial at Floral Garden Park Cemetery.
MENTIONED IN THIS ARTICLE
Robert Lee Whitaker
South
Davie County
James B.taker
High Point
Lexington
Calvary Church of the Nazarene
Prospect St
Whitaker
B. & W. Frame Works
Carrick Manufacturing Co
Geo
Sarah Elizabeth Sanders
Earl Hedrick
Wade Hinkle
C. Bame
Lester Adams
W. H
Camden
N.J
L. Whitaker Jr
Calvary Church of Nazarene
A. H. Johnson
Otis Hampton
Koonce Funeral Home
Floral Garden Park Cemetery
Officers Nab Driver After Long Chase on Main Street
Mount said two cars traveled south on N Main at 70 mph, leading to a chase statewide. Ralph Edward Summerlin and a 17 year old passenger were charged with reckless driving after the pursuit ended with one car stopped by Officer A C Ray in Emerywood. Both suspects posted $200 bonds and face Municipal Court tomorrow. A cooperative motorist in the other car was not charged.
MENTIONED IN THIS ARTICLE
N. Main St
Iver Wong
Main
Mount
Metry Chase
A. C. Ray
Emerywood
Ralph Edward Summerlin
Bute 17
Summerlin
Whitt
N C Escapees Face Federal Kidnap Charge
Three men who escaped a North Carolina mental hospital were ordered by U S Commissioner Arthur L Conaty to be taken to Hartford Connecticut to face federal kidnapping charges They allegedly forced a Connecticut boy to drive them here Prosecuting warrants in Providence were dropped to clear the way for federal action The suspects identified as Edward Turcotte Arthur Thomas Holt and Odell Strickland were jailed Aug 19 in a rooming house Turcotte 28 Holt 23 and Strickland 25 had North Carolina sentences for highway robbery assault offenses and escaped on Aug 10 from the hospital They said they hitchhiked north and had a Connecticut youth drive them to Providence
MENTIONED IN THIS ARTICLE
Providence
R. I
North Carolina
U. S
Arthur L. Conaty
Hartford
Conn
Connecticut
Providence District Court
Edward Turcotte
Arthur Thomas Holt
Raleigh
N. C
Odell Strickland
Smithfield
N.C
Howard S. Goldman
Cos Cob, Conn
Former High Pointer Homer L. Moore Dies in Michigan
Homer L. Moore, 74, formerly from High Point, died in Detroit while visiting a son. Survived by a sister Mrs. G L Burgess and several nephews and nieces of High Point. Funeral will be held in Canton, Ohio on Monday.
MENTIONED IN THIS ARTICLE
Homer L. Moore
High Point
Detroit
Mich
G. L. Burgess
Neral
Canton
Ohio
Leaf Prices Rise Across East Tobacco Markets
East and Border Belt tobacco markets closed with higher totals and gains in average leaf prices. Tuesday sales reached 5,718,818 pounds with an average of 4.10 per hundred for growers, lifting season totals to 44,335,137 pounds and a season average of 53.47. Border Belt Tuesday sales hit 7,518,392 pounds at 56.84 per hundred, boosting season totals to 134,713,259 pounds and a 54.31 average. North Carolina and South Carolina markets posted strong averages as Eastern Belt volumes were lightest.
MENTIONED IN THIS ARTICLE
Raleigh
Rm Belt
Border Belt
Southarotina
North Carolina
Firemen Answer Call At Peerless Plywood
Local firemen were called in the early morning to Peerless Plywood Co on 801 S Hamilton St for a small boiler room blaze. The alarm sounded at 3 15 a m but caused no damage according to the report.
MENTIONED IN THIS ARTICLE
Peer— Plywood Co
LeSabre Experimental GM Car Driven 300 Miles
The ultra modern LeSabre, designed by Harley Earl, has seen limited use. Earl has driven the car about 300 miles and the speedometer now reads 13,009 miles.
MENTIONED IN THIS ARTICLE
Detroit
LeSabre
General Motors Corp
Harley Earl
Earl
Also Mentioned on This Page
By William Miller
United Press
High Pointer
Michigan
East
Karm Eorice
Kelvinator
Cut Rate Furniture Co
E. Green St
Beeson Hardware CO
N. Main
Talso
Sec Degial
LUCK
H & C Coffee
Woodbury Soap
Hormel
Ham
Castleberry
Georgia
Clorox
Hove Service Stores
Krey
Bush Best
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