Stocks Slip After Satellite News Weighs Markets
Market action follows news of the United States satellite launch. Major averages drift, with many aircraft stocks down while some sectors rise. United Fruit plans a consent decree to spin off assets, lifting and retreating on the rumor.
MENTIONED IN THIS ARTICLE
Yespace-Setti
United States
Chrysler
United Fruit
United
Associated Press
What You Should Know About Cemetery Lots
Six useful points to check before buying a cemetery lot. The guide warns that many avoid planning and suggests evaluating location, costs, rules, accessibility, future needs, and burial options to make a informed choice.
Dow Jones Averages at Noon and Close Report
The Dow Jones averages show figures for the Industrials and Rails at 12 noon and 1 p.m. with closing values near the day’s activity. Trading volume is listed as 2.49 million shares, with high and low readings reflected in the cited indices.
Jury Selected for Smith Act Trial of Scales
Federal Judge Albert V. Bryan oversees jury selection for the Scales Smith Act case. Prospective jurors are questioned on sympathy toward the Communist party and Ku Klux Klan as eight of 86 remain, four alternates chosen, Scales once led the Communist party in the Carolinas and Tennessee.
MENTIONED IN THIS ARTICLE
Albert V. Bryan
Scales
Telford Taylor
Communist Party
Ku Klux Klan
Carolinas
Tennessee
North Carolina
New York
Flowers Case Declared Mistrial in Liquor Trial
In Raleigh the federal liquor trial of J. Percy Flowers and 13 co defendants ended without a verdict. The jury deliberated about five hours before reporting failure to agree on any counts. Judge Don Gilliam set July 8 for a new trial and ordered 75 prospective jurors drawn.
MENTIONED IN THIS ARTICLE
Raleigh
J. Percy Flowers
Federal District Court
Don Gilliam
Flowers
Johnston Counwhy
Gilliam
Crawford
Organist Delights Exchangites At Club Meeting
Exchange Club members heard organ music under Harold Davis supervision with John Ruth introducing Miss Patricia Hale who performed. Announcement noted encyclopedias for Mills Home funded by National Exchange Club and Education Conference highlights for Clinton. Lyles Kearns attended. marriage licenses listed for multiple couples in North Carolina and Virginia.
MENTIONED IN THIS ARTICLE
Exchange Club
Harold Davis
John Ruth
Patricia Hale
Lyles Kearns
82 Year Old Buncombe Man Is Paroled
RALEIGH, Feb. 4 Prison doors swung open for Abe Connard 82, paroled due to age, health, and good behavior. Connard, 78 at conviction in Buncombe County for second degree murder in the shotgun death of Leonard Elder, will live in Newport, Tennessee with his wife. The board noted his long sentence reduced by gained time and that two brothers will assist.
MENTIONED IN THIS ARTICLE
Raleigh
Abe Connard
Buncombe County
State Paroles Board
Connard
Newport
Tenn
J. B. Connard
Pleas Connard
Buncombe Superior Court
Leonard Elder
Transylvania County
Elder
Station Expects To Resume FM Broadcast From NC Mountaintop
WMIT the Charlotte FM station near Mt. Mitchell in Yancey County survived a power failure that cut off transmitter power and aircraft warning lights. Four engineers at the site atop Clingmans Peak endure heavy snow and fuel shortages while awaiting a crew to restore lines and power supplies.
MENTIONED IN THIS ARTICLE
Charlotte
America
WMIT
Clingman’s Peak
Mt. Mitchell
Yancey County
Black Mountains
Tom Bryant
French Broad Electric Co
Marshall
Mississippi
Steppe’s Gap
Blue Ridge Parkway
Mt. Mitchell's
Man Could Live In Satellite
Hibbs discusses a manned satellite with a heat shield to guard against meteorites. He notes heat control, a stronger shell, and plans for launch timing. The Explorer uses zirconium oxide to reflect solar radiation, keeping outer skin temperatures between minus 212 and plus 572 degrees Fahrenheit for safe operation.
MENTIONED IN THIS ARTICLE
Hibbs
Explorer
Palsy Theme Of Business Club Meet
A program on cerebral palsy was presented at the Furniture City A B Club meeting. Royster Tucker led the national project committee and showed the film Search. Members voted to support the project, and Cleo Venable updated on cerebral palsy pupils at the Day Center Cloverdale School. Knox Walker won the attendance.
MENTIONED IN THIS ARTICLE
Furniture City A. B
Royster Tucker
National Project Committee
Hte
Lutherans Hold Convention At Gibsonville
The first semi annual meeting of the North Evangelical Lutheran Synod of North Carolina convened at Frieden's Lutheran Church in Gibsonville. New Northern Conference officers are Rev. Daniel B Summers, president. Rev. Harry D Hawthorne, vice president. Rev. Jack E. Thomasville, secretary. George S. Anderson, Greensboro, treasurer.
MENTIONED IN THIS ARTICLE
North Evangelical Luther "Synod
North Carolina
Frieden
Gibsonville
Daniel B. ‘Summers
Lexington
Harry D. Hawthorne
High Point
Jack E. Thomasville
George S. Anderson
Greensboro
Bene Cee
Lutheran Synod of
Denton Seeks Bids for 1958 Sewer Project
Denton will open bids at 2 p.m. March 4 at Town Hall for an 86 000 secondary sewage treatment system funded by municipal bonds and a federal grant about 30 percent of cost. Nine contractors have requested plans as Denton, within the Yadkin River Basin, accelerates cleanup under the 1949 law.
MENTIONED IN THIS ARTICLE
Denton
William F. Freeman, Inc
High Point
Yadkin River
Legisla
Two High Point NCS Grads Highlight Degree Totals
High Point and Thomasville each had two graduates from North Carolina State College yesterday. Worth B Bowman II and Billy Gray Bass earned bachelor of science in nuclear engineering, William Ray Kennedy earned a bachelor of arts in furniture manufacturing and management, and Garland Ray Coggins earned a bachelor of arts in industrial engineering.
MENTIONED IN THIS ARTICLE
High Point
Thomasville
North Carolina State College
Worth B. Bowman II
Billy Gray Bass
William Ray Kennedy
Garland Ray Coggins
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Aern
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