Irregular midday trading nudges stock market gains
New York stocks drifted near midday with small losses in motors and utilities while most sectors posted minor gains. Major fractional moves hit United Aircraft, International Paper, Chesapeake & Ohio and Gulf Oil higher, with U S Rubber, Kennecott, Baltimore & Ohio and Fruehauf Trailer down.
MENTIONED IN THIS ARTICLE
New York
United Aircraft
International Paper
Chesapeake & Ohio
Gulf Oil
U.S
Kennecott
Baltimore & Ohio
Fruehaus
Motors
General Motors
Chrysler
Ford
National Assn. of
Adams-Millis Corp
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills Corp
Chrysler Corp
New York Central RR
Cone Mills Corp
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison AB
Fastman Kodak
Marco Veos
Greyhound Corp
General Dynamics
Jly Phbaas
General Electric
Serene’ & Rubber
Republic Steel
Internati Harvester
Sears Roebuck
Standard Oil Co
Jones Laughlin Steel
American Tel. & Tel
Johns Manville
the Texas Co
Loew's Inc
Union Carbide & Carbon
Philips Petroleum
United Aircraft Corp
RAM ‘Pennsylvania Railway
Westinghouse Electric Co
Pepsi-Cola
U. S. Steel
Procter & Gamble
Youngstown Sheet & Tube
Reynolds Tobacco
F. W. Woolworth Co
Dow Jones Averages and Market Totals
Market summary notes Dow Jones Averages with figures from Bache. Closing values show slight shifts in utilities and stocks with volume around 0.57 to 1.53 million shares amid mixed activity and revised close levels.
American businessmen eye Latin markets amid growing Southward trade
American investors rush to Latin America as seven billion dollars of yearly trade expands and Latin nations permit freer ownership of securities. U S investments reach 300 million yearly with returns often double, aided by local manufacturing growth and setting up U S subsidiaries to near expanding markets. Latins buy 17 million in U S stocks last year, bringing holdings to 484 million.
MENTIONED IN THIS ARTICLE
Merce
Latin America
U.S
Sears Roebuck
México
U.S. Commerce Department
Television Schedule Fragments From Greensboro Fine
An incomplete listing shows channel 2 Greensboro schedule with varied shows including Weather News Robin Hood Capmangaroo and Arthur Godfrey along with late night programs and partial times. The fragmentary broadcast guide mentions sports and theater items and visual blocks labeled 3 9 6 15 and 11 95.
MENTIONED IN THIS ARTICLE
Terry
Charlie Parrett
Violent deaths claim at least 12 in North Carolina weekend
The Associated Press reports a weekend of deadly violence across North Carolina. Victims include Clyde Alston 41 killed when his car crashed near Warrenton Eunice Colson 25 beaten to death in Fayetteville and Walter Morrison 44 charged with her murder A 14 year old boy died after being struck on Highway 52 near Winston Salem John L Allred 14 killed by a car that fled the scene Charlie Battle 32 shot on a Hollister farm Queen Esther Lowe 25 found in a Concord sanitation cess pool Walter Stegall 62 drowned near Monroe Major Smith 40 stabbed at home Albert Turner 48 drowned while fishing B J Bryant 42 crashed near Burnsville Bidwell Craver 23 killed in a North Wilkesboro crash Two Brickton men Andrew Fletcher 24 and Alfred Pea 22 die when their car overturns near Hendersonville.
MENTIONED IN THIS ARTICLE
Clyde Alston
Warrenton
Eunice Colson
Fayetteville
Walter Morrison
Winston- Salem
John L. Allred
Charlie Battle
J. B. Johnson
Hollister
Halifax County
Johnson
Murer
Kannapolis
Queen Esther Lowe
Concord City
Walter McKenzie Stegall
Monroe
L. E. Farmer
Stegall
Albert Turner
Boardman
Columbus County
B. J. Bryant
Burnsville
State Highway Patrol
Pic
A. W. Rector
Bidwell Betrell Craver
Millers Creek
North Wilkesboro
Brickton
Hendersonville
Andrew Fletcher
Alfred Pea
West German Officers to Observe Airborne Ops at Fort Bragg
Eight West German army officers led by Brig. Gen. Kurt Brandstaedter will visit Fort Bragg from Wednesday through Friday to observe 82nd Airborne Division operations and methods. The delegation will tour the 18th Airborne Corps Artillery, the Psychological Warfare Center, and the 525th Military Intelligence Group under the Mutual Defense Assistance Program.
MENTIONED IN THIS ARTICLE
FT. Bragg
N.C
Kurt Brandstaedter
82Nd Airborne Division
North
18Th Airborne Corps Artillery
Psychological Warfare Center
525Th Military Intelligence Group
United States Army
Mutual Defense Assistance Program
Student Accused in Shooting At Fort Bragg Area
Paul Propst a 19 year old State College sophomore was released on $300 bond after being charged with assault with a deadly weapon in the shooting of his stepfather Sgt Jack Horner at Ft Bragg area. Horner remained in serious but not critical condition at the Ft Bragg station hospital. Police said Propst admitted an argument between his mother and Horner earlier Friday evening.
MENTIONED IN THIS ARTICLE
Southern Pines
N. C
Paul Propst
State College
Propst
Jack Horner
Ft. Bragg Station
Horner
Pentecostal Holiness Meeting Elects Officers and Ministers
The North Carolina Conference of the Pentecostal Holiness Church closed its annual meeting in Falcon ordaining three ministers and licensing nine others. Rev. W. Eddie Morris of Goldsboro was chosen conference superintendent for the 15th year, with Jerome Hodges Rocky Mount as assistant. C. T. Howard Goldsboro as secretary. Ralph R. Johnson Whiteville as treasurer. and T. C. Todd Roanoke Island named to the official board.
MENTIONED IN THIS ARTICLE
Falcon
N. C
North Carolina
the Pentecostal Holiness Church
W. Eddie Morris
Goldsboro
Jerome Hodges
Rocky Mount
C. T. Howard
Ralph R. Johnson
Whiteville
T. C. Todd
Roanoke Island
Segregation Case Attorneys Confer in Montgomery County
Attorneys for both sides will confer in Middle District Court tomorrow morning in the Montgomery County public school segregation case. Judge Johnson J. Hayes of Wilkesboro will preside. No trial date has been set for the suit brought by Negro adults on behalf of more than 40 children seeking an end to segregated public schools.
MENTIONED IN THIS ARTICLE
Greensboro
Middle District
Montgomery County
Johnson J. Hayes
Wilkesboro
Governor Endorses Democratic Ticket Amid South’s Tensions
South Carolina Governor defends the Democratic ticket at the 1952 convention and denounces Republican actions. He condemns Eisenhower era policies as threatening constitutional government and accuses him of promoting racial mixing in schools and federal facilities. Party leaders resist dissident moves toward independence at the re convened gathering.
MENTIONED IN THIS ARTICLE
State
Democratic Party
Timmerman
Isenhower
District of Columbia
National Party
Stickley Leaves For European Tour
Lions Clubs international president John Stickley of Charlotte and his wife departed for a ten week European club tour. Stickley, a Baptist, plans to meet audiences including Pope Pius during the trip.
MENTIONED IN THIS ARTICLE
Stickley
Charlotte UN
Lions Clubs
John Stickley
Charlotte
Europe
Pope Pius
Sheriff Wounds Two Brothers in North Carolina Scuffle
Sheriff Neal Thompson of Surry County opened fire while attempting to arrest brothers Victor Easter and Bobby Easter at their father's home near Mountairy. Victor, 25, is in serious condition at Baptist Hospital Winston-Salem. the sheriff and Bobby, 23, were wounded but stable. Bobby faces multiple charges while Victor is charged with assault on an officer and resisting arrest.
MENTIONED IN THIS ARTICLE
Mountairy
N.C
Neal Thompson
Surry County
Here
Victor Easter
Baptist Hospital
Winston-Salem
Bobby Easter
Victor
State pushes plan to keep segregated schools for funds
Governor Stanley unveils legislation to allow localities to keep separate white and Negro schools while tying state money to school structure. The plan would make pupil transport permissive and offer funds to nonsectarian schools if a locality reverts to segregated operation.
MENTIONED IN THIS ARTICLE
General Assembly
Stanley
Special School Study Commission
Growers Hope For Continued High Prices
Eastern North Carolina flue cured tobacco belt opened its first full week of sales with growers hopeful of sustained high prices. The belt posted an average of 49.06 dollars per 100 pounds over two opening days, up 1.74 from last year, with nearly 13 million pounds traded. South Carolina and Border North Carolina markets saw heavy volume and higher prices last week, totaling 4.942 million pounds at an average of 54.58 dollars. Low and medium grades gained most as prices rose across grades while volumes grew late in the week.
MENTIONED IN THIS ARTICLE
TRE Associated Press
North Carolina
South Carolina
Thomasville Home Gutted By Fire Sunday Morning
Thomasville firefighters battled a blaze gutting the kitchen of a four room frame house at 509 Pinnacle St at 1 35 am Sunday causing extensive smoke and heat damage to three other rooms The Paul Lovette family awoke to flames and a rear closet origin is under investigation with no cause yet determined Fire units also responded to a false alarm on Pine Street near City Memo over the weekend
MENTIONED IN THIS ARTICLE
Thomasville
Pinnacle St
Paul Lovette
Pine Street
City Memo
Special Day for Brandeis Student Bossom and Family
Brandeis University graduate student and research assistant BOSTON iM Joseph Bossom celebrates a special day on August 26 as he marries Naomi who is 22. Naomi gave birth to a son yesterday. It is also Naomi's birth date and that of her father I J Feinfeld a New York textile merchant.
MENTIONED IN THIS ARTICLE
Boston
Joseph Bossom
Brandeis University
Naomi
I. J. Feinfeld
New York
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Bache & Company
American Can Co
Allied Chemical & Dye
Dow-Jones
Bache
S Business Mirror
By Sam Dawson
United States
South
Pan American-Grace Airways
U.S. Department of Com
George Gold
Wfmy-Tvv
Lee Pau
Cap
Mangaroo
Arthur Godfrey
Art Linkletter
Margie $i
Dayton Tires
Hughes Tire Service, Inc
Norte
WBTV
Esso
Burns & Allen
Charlie Farrel
Vic Damone
Dumont Television
Television Sales and Service CO. Inc
N. Main St
Wsls-Tv
Roanoke
Ba Dustere
Swayne
Wsjs-Tv
Parm
Wtob-Tv
Peanval
Hideke Daly
Bole Journey
Pirestone
Associated Press
Home OF Quality & Servicer
Centennial Ave
Pentecostal Holiness Meeting
S. C
Fisenhower
Justice Warren
Richard Milhous Nixon Tootin
Pop
THE
Virginian
Does McCrea
Brian Dontevy
King and I
Deborah Kerr
Yul Bryner
Rescen Drive-In
High Point Rd
Bowery Boys
Rine Moremy
Universal International
Wire
Dale Robertson
Clark Gable
Jane Russell
Archdale
Lone, Ranger
Cayt Ow Moore
Jay Silverheels
Bonita Granville
Nee A
Robert Virginia Jeffrey Ryan
Mayo
Hunter
Samuel Goldwyn
Guys and Dolls
Marlon Brando
Jean Simmons
Frank Sinatra
Nivan Blaine
Thomasville Road
Catt
Iti Font Oma Eee
Techmnicolor
wstaVisio
Sian
Jeff Chandler
George Nader
Julie Adams
Lex Barker
Antiq
Keith Amdes
Richard Boone
Jock Mahoney
William Reynolds
Charles McGraw
Jowm McIntire
Rane Fayuen
Adm