Year end rally advances as trading stays heavy
The year end rally continued with heavy trading as the AP 60 average rose 1.20 to 263.40 at noon. Industrials up 2.10, rails up .40, utilities up .50, with many blue chips buying to dress up annual reports and tax selling easing. The Dow up 3.31 to 734.74, trading mixed on the exchanges.
MENTIONED IN THIS ARTICLE
ED Morse
AP Business News
NEW York (Ap
Associated Press
Cluett, Peabody
General Foods
DuPont
Motors
Chrysler
General Motors
Ford
United Air Lines
American Stock Exchange
U.S
Security Quotations and Bid Prices Guide Note
A compilation of security quotations from the National Association of Securities Dealers and other sources outlines unofficial bid and asked prices. It states these figures are guides, not transactions, and origin details will be provided upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Market Averages Show Mixed Early Trading
Dow Jones indices edge lower at midmorning with Industrials around 738 and Rails near 143 as utilities hold 128 amid higher overall volume. Trading activity climbs from 11 A.M. to noon with varied swings across sectors.
Flying Saucer Project Cancelled by U S Defense
The Army and Air Force will halt the flying saucer project with no new funds after the current $7.5 million appropriation, to be exhausted by year end. The project aimed to deliver a light low flying machine for rapid troop transport across rivers and rough terrain. Aircraft Limited of Canada had directed the work.
MENTIONED IN THIS ARTICLE
Washington
Army
Air Force
Pentagon
Defense Department
Aircraft Limited
Canada
Investors Guide Q A on mutual funds and withdrawals
The article explains that mutual fund share sales have exceeded redemptions every year since 1941, with the exception of 1941. It notes the typical fund investor views investing as long term and that withdrawals do not force selling assets. It also covers a reader's plan to take funds from two funds and a 48 year old saver’s advice on prioritizing stocks and bonds for college funding. Mr. Shulsky invites mail and a stamped return envelope for inquiries.
MENTIONED IN THIS ARTICLE
Q. 1
American Mutual Fund
Investment Co. of America
American Mutual
Investment Co
U. S
Gary the newsboy inspires nationwide Christmas giving
Newspapers and radio stations nationwide carried an AP story about Gary the newsboy of Kingsport Tennessee. Readers sent money to Gary through the Exchange Club Salvation Army Chamber of Commerce and other addresses raising the fund to 275. Donations included a $50 check and a $25 family fund gift from Colorado and multiple heartfelt notes from communities in Fargo Abilene Knoxville Santa Barbara New Brunswick and more praising his generosity and character.
MENTIONED IN THIS ARTICLE
Associated Press
Gary
United States
Exchange Club
Salvation Army
Chamber of Commerce
Newsboy
Kingsport
Tenn
Colorado
Fargo
N.D
Abilene
Kan
Knoxville
Santa Barbara
Calif
New Brunswick
N.J
Post Office dog bite policy sparks flood of fix ideas
AP report details public reaction to the Post Office Department’s shift to telephoning owners to pick up mail after a dog attack policy change set for Jan. 13. Readers suggested weapons, cat decoys, ammonia water pistols, electric canes, and even dog training centers. opinions ranged from defensive gear to tooth-for-tooth retaliation.
MENTIONED IN THIS ARTICLE
Louis G. Panos
Washington
Post Office Department
Walier
Mont
Highland Park
Mich
Biloxi
Miss
Suitland
Jamaica
N.Y
Frankfort
Snow depth and cold snap hit Western North Carolina
At Mt. Mitchell the thermometer stood at 10 above while four inches of snow accumulated this week. Asheville reported 25 degrees with about half an inch of snow on streets and slick conditions. Roads such as U S 441 require chains and cold air moves across the state before easing.
MENTIONED IN THIS ARTICLE
Mt. Mitchell
North Carolina
Asheville
Tennessee
Atlantic Ocean
WMIT
North America
Mt. Pisgah
New Industry Announced For Nash County Plant Plans
Governor Sanford announced a new industry to locate in Nash County with initial 80 jobs and growth to 200. The Bailey plant, to be called Quality Textiles Inc, will make children's dresses with Clarence E. Parker leading Bailey Development Corp. Nash Garment Co founder Vermont V. Johnson, now president of the new firm, aims to expand Nashville operations from 115 to 140 workers.
MENTIONED IN THIS ARTICLE
Raleigh
Moscow Denounces U S Intentions in New Guinea Dispute
Moscow Radio broadcast to Japan denounced American calls for a peaceful settlement of the Dutch Indonesian dispute over Netherlands New Guinea. It said the United States acted only under pressure from 80 million Indonesians and accused Washington of backing Dutch colonialists.
MENTIONED IN THIS ARTICLE
Tokyo
Moscow
Japan
Netherlands New Guinea
United
U.S
Dream Therapy in Ancient Asclepian Portico
The Greek healer Asclepius used a sacred Abat alor portico where patients slept in hopes of divine dreams. An official dreamer aided those who did not dream, guiding interpretation and care.
MENTIONED IN THIS ARTICLE
Asclepius
Also Mentioned on This Page
Burroughs Corp
Cannon Mills
Caro P&l
Celanese Corp
P&f
Ches & Ohio
Coca-Cola
Columbia G&e
Curtiss Wrt
Dan River Mills
Douglas Aire
Dow
Gen Foods Eeeseeucees
Gen Motriasvabene
Gen Tel & Teleeeeee
Goodrich
Fereeeee
Goodyear T&r
Greyhound
Eeeeeer
Gulf Oil Corp
Nickel Can
Eeeees
Tel & Tel Puavents
Kayser-Roth
Kenet Copseveere
Liggett & Myers
Lockh Air Erereeeoote
Lorillard P
McLean Trkeererenee lI
Monsanto
Montg Ward
Motorola Nat Biscuit i
Nat Dairy Pd
Nat Distillers
NY Central Ee Ee
North West
Pacific
Ohio
Penney J
Pepsi-Cola
Phillips Petr Eee
Radio Corp
Reynolds
Avco Cp
Va el & Pow Balt & O
Va, P&p
Bendix Corp
Western Md See
Winn-Dixie
Bevis Shell Homes
Colonial
Drexel Furniture
Gulf Life Ins
Harris-T'ter
Jefferson Stand
Life
N.C. National Bank
N.S. Tel
N.S
Piedmont Aviation
Piedmont Nat Gas
Public Service of NC
Pyramid Life
Security Life & Trust
Wise Homes
Dow Jones
Bache & Co
NEW York
Ieee
Edeadiesan
Uee
Mr. Shulsky
Nash
Rialto Theatre
Cameron Mitchell
Ci Lidad
Alya Oto
Cnet
Clifford Evans
Oliver Reeu
Yvonne Roma
Gar
Edgar Allan Poes
House of Es
Midway
Sasville RD
Wings OF
Chance
Jim Brown
Hawaii
NEW Service Laundry
Centennial Ave
Archdale
Pom
Crete
Cinemascope
Burt Lancaster
Wayne
Sock Courage
Siuc Lowe
Lowmerung Lexgumemvmeny
Stuart Whitman
Vna Balin Nekemi
Persofflee Marvin
Big John
Vaughn
N. Main St
Chuck
Frank Capra
Glenn Ford
Bette Davis
Hope Lange
Arthur Oconnell
Frank Capras
Sammy Cahn
Jimmy van O
Pocnerul
Miracles
Peter Falk
Thomas Mitchell
Edward Everett Horton
Mickey Shaughnessy
Canderu
Sheldon Lediro
Harry Tugen
Robert Rigen
Damon Runyon
Fia Panavision
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