Stock market gains ease after drab sessions in New York
Early afternoon trading shows a broad rebound led by steels motors and aircraft with the Associated Press average up to 155.10 as copper stocks gain from reports of aligned world output. Major names like General Electric General Motors and DuPont rise while Commerce Dept data weakens mood.
MENTIONED IN THIS ARTICLE
New York
Wall
Associated Press
Industria
Bache & Co
Can Co
Allied Chemical & Dye
American Tobacco Co
Bethlehem
Burlington Mills
New York Central AR
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
Gulf Oilill
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel
Standard Oil Co
Jones-Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western Ry
Phillips Petroleur
Pennsylvania Railway
Pepsi-Cola
Proctor & Gamblebo
Reynolds Tobacco
Republic Steel
Sears Roebuck
Southern Ry
Dow Jones Averages Mixed at Close in Daily Trading
The Dow Jones averages show varied results with industrials around 428.88 at close, utilities near 67.02, and rail stocks weaker. Trading volume reached about 2.82 million, with notable totals of 630,000 and 150,000 in other blocks.
MENTIONED IN THIS ARTICLE
Bache & Co
Gloomy December and November weigh on 1950s outlook
New York statisticians report weak December and November results with the Federal Reserve index at 139, down from October and trailing last year. Unemployment climbs to 3 million while factory layoffs persist and rail shipments lag. Detroit finds a few positives as 1957 car inventories rise, but the market remains subdued with a hoped recovery in 1959 amid a long-term boom fantasy.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve Board
Checrier
Detroit
Young Thief Revealed As Juvenile
A boy arrested on December 1 in connection with two break-ins and gasoline thefts has disclosed he is 14 years old, and is in juvenile custody for Domestic Relations Court proceedings. He previously claimed to be 16.
MENTIONED IN THIS ARTICLE
Domestic Relations Court
W. A. Riggsbee
Riggsbee
Griffith Office Supply Co
Guilford Superior Court
Byron Haworth
Greensboro
Denver Rejects City Income Tax
More than 100000 Denver residents voted in a special city election and rejected a proposed city income tax by 57 775 to 46 114. Mayor Will Nicholson supported a 0.5 percent tax on the first 5000 dollars to fund city services.
MENTIONED IN THIS ARTICLE
Denver
U. S
Will Nicholson
Navy Disarms Big Mine at Delray Beach
A Navy demolition team disarmed a large mine washed ashore at Delray Beach Florida prompting the evacuation of about 500 residents from a half mile beach strip. The mine proved to be a practice device.
MENTIONED IN THIS ARTICLE
Delray Beach
Fla
Eisenhower Dines With Coty in Paris NATO Session
In Paris Eisenhower spent two hours and 39 minutes at a NATO meeting then wore white tie for a dinner with Coty. The president sat beside Coty’s English-speaking daughter Mrs Genevieve Egloff, 48, since Mamie Eisenhower did not attend. The lively talk delayed the soup as Coty joined in once.
MENTIONED IN THIS ARTICLE
Eisenhower
NATO
Coty
Ting
Genevieve Egloff
Paris
Alaska fur seals tagged to trace movements by USFWS
United States Fish and Wildlife Service tags fur seals in Alaska to trace their movements and study migration patterns. Researchers collect data on habitat use and population dynamics to inform conservation efforts and protect key haulout sites.
MENTIONED IN THIS ARTICLE
Alaska
United States Fish and Wildlife Service
Scientific silencer in Whitefish triggers long call rule
In Whitefish Montana a scientific discussion is halted after 54 minutes by a buzzer and a dead line for 30 seconds. Call backs are encouraged, illustrating an unusual telephone etiquette experiment.
MENTIONED IN THIS ARTICLE
Whitefish, Mont
Whitefish
Boy Saved From Abandoned Well in Denver
A five year old boy, David Leonard, fell feet first into an abandoned well in a neighbor’s yard and was trapped about two feet below ground for nearly three hours. An off duty officer and a firefighter aided by others pulled him free as firemen dug, and he was hospitalized with shock and exposure in fair condition. The well, about 10 feet deep with water, was located after his mother reported he did not return from playing.
MENTIONED IN THIS ARTICLE
Denver
David Leonard
Lyle Leonard
Children’s Hospital
Fire alarm rings during high school band drill
In Randolph Massachusetts a high school musician grabbed music in the band room causing the bell of a French horn to strike a wall fire alarm box. The glass broke and firefighters were summoned as students prepared for their weekly football game performance.
MENTIONED IN THIS ARTICLE
Randolph
Mass
Stassen May Run In Pennsylvania
Stassen, Ike’s disarmament adviser, mulls a Pennsylvania bid. After a failed bid to replace Nixon on the GOP ticket, he remains at the State Department studying Paris talks. Eisenhower reportedly omitted him from the Paris delegation to avoid signaling disarmament focus. If new talks with Russia arise, Stassen would seek to lead the U S delegation.
MENTIONED IN THIS ARTICLE
Eisenhower
Stassen
Nixon
Paris
State Department
Russia
Also Mentioned on This Page
Main Street Dial
Vernier
Fiess
Eves
Harmony AM
Maroon
Sum Valley
N. Main
Dow-Jones
J. P. Stevens Co
American Tel. & Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
Ww Co
U.S
Youngstown Sheet & Tube F. W. Woolworth Co
Business Mirror
By Sam Dawson
Navy
Lke’s Health Big News
Mamie
Toaster
DUKE
S. Main St
Rel
Tobias
Iit
Ae Eberle
Mll
Ty ‘Arren
Best Buy
Tops Records
Irving Fields
Lillian Roth
Bil
Lawrence Martha Tilton
Robert Alda
Dick Stabile
Lena Horne
My Fair Lacy
Belk-Beck
Italy
Ysiday
France
Duchin
High Point
PEPS
COLAS
N. Main ST
Vaughn
Mae
Tricycles
Reguar
Kimo
Birdseye
Arctic Ocean
Kell Ringer
North Carolina
Modern
Greencbore
Pennsylvania
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