Market Downturn Dominates Wall Street After Rally Slump
The stock market faced a severe test with broad declines across sectors including steels, aircraft, oils, and rails. Trading volume rose as prices slid from year start levels and many issues hit new 1956-57 lows, with cotton futures showing notable weakness and several large firms listed among the leaders in losses.
MENTIONED IN THIS ARTICLE
Wall Street
Dow Jones Averages at Noon and Close Report
The Dow Jones industrials are listed at 463.48 midday and 463.20 at the close with rails at 143.14 and 141.31. Volume figures show large trading, with 4x0,000 shares in one listing and 2,120,000 in another, as furnished by Bache & Co.
MENTIONED IN THIS ARTICLE
Bache & Co
British Public Learns of Royal Rift Rumors at Breakfast
London reports dish up rumors of a rift between Queen Elizabeth II and the Duke of Edinburgh as Buckingham Palace denies the claim. The Queen and family members were abroad while the duke ends a world tour and prepares to join the Queen in Lisbon ahead of a Portugal visit.
MENTIONED IN THIS ARTICLE
London
Elizabeth I
Duke of Edinburgh
Buckingham Palace
Cmdr
Richard
Middle East
America
Princess Margaret
Elizabeth
Windsor
Gibraltar
Lisbon
Portugal
Cmdr. Colville
Death Claims S C Clark
Steve C Clark died leaving a Virginia born father and a life shaped by his artist uncle David L Clark. He attended University of North Carolina Guilford College and a Chicago decorating school. Survived by wife Daisy Ogburn and children Steve Clark Jr Mabel Dearmin H S Austin of Miami Stuart Clark and Alston candn. services Wednesday with memorial gifts to Wesley Memorial Church landscaping fund.
MENTIONED IN THIS ARTICLE
PAGE
F. Clark
Virginia
Steve
David L. Clark
University of North Carolina
Guilford College
Chicago
Daisy Ogburn
Steve Clark Jr
General Electric
Waynesboro
Fred Joyce
Mabel Dearmin
H. S. Austin
Miami
Florida
Stuart Clark
Oan
Alston Candn
New Wesley Memorial Methodist Church
Gold Tooth Knocked Out In Affray
Willie Barber a 21 year old Negro of Leonard Street faced a fist fight accusation with Goodwin claiming barber knocked out a gold tooth. Barber posted $100 bond for a Friday hearing. Annie Mae Lindon 4 of Cecil Street charged in an assault warrant for striking Iris Smith in the face. Richard K Page 22 of Liberty Drive and Stanley H Smith 20 of Oakwood Court Apts charged with drunken driving. Smith also charged with $550 bond and a Friday court appearance. George G Witcher 46 of Gar rison Street charged with driving with revoked license. posted $500 bond for Feb 25. Eugene Little 34 of S Hamilton Street arrested for violating prohibition law. posted $300 bond for trial today.
MENTIONED IN THIS ARTICLE
Willie Barber
Leonard Street
Goodwin
Barber
McClure
Annie Mae Lindon
Cecil Street
Iris Smith
Gordy Street
Richard K. Page
Liberty Drive
Stanley H. Smith
Oakwood Court Apts
Smith
George G. Witcher
Garrison Street
Eugene Little
S. Hamilton Street
Stocks Show Wide Ranges In 1956 Market Movements
Business Mirror notes in 1956 stock performance a mix of gains and losses. It highlights examples where a small portfolio of top performers could have risen to about 19 600 dollars from 11 000, while poor performers dropped from 4 191 to 2 164, excluding fees.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Exchange, Magazine
The
J R Parks Jr 79 Randleman Dies In Asheboro
Jacob Rankin Parks Jr. 79 of Route 2 Randleman died in Randolph Hospital after several months of declining health. Funeral services were at Congregational Christian Church Asheboro with interment at Green Hill Cemetery Greensboro. He is survived by wife Lela Moffitt, son J Rankin Parks III, daughter Mrs W Irwin Smallwood Jr and a granddaughter.
MENTIONED IN THIS ARTICLE
Asheboro
Congregational Christian Church
Jacob Rankin Parks Jr
Route 2
Randleman
F. C. Lester
Clyde Field
Green Hill Cemetery
Greensboro
Randolph County
Parks
Randolph Hospital
Lela Moffitt
J. Rankin Parks
Charlotte
W. Irwin Smallwood Jr
Mrs. Daisy Hill Dies in High Point After Illness
Daisy Bell Teague Hill 63 longtime High Point resident, born April 19 1893 in Davidson County, died Sunday night. Widow of C E Hill who died in 1942. Survived by eight sons E L Clifford Dermont Roy Charles Jr Allen Donald Hill of High Point Curtis Hill in Korea, four daughters Lucille Freeman Evelyn Lovette Edith Cobb Dorothy Thomas, 17 grandchildren and one great grandchild. Funeral plans pending details on travel for the son in Korea. Body at Yow's Funeral Home. Services at Lexington Avenue Baptist Church with Floral Garden interment to be determined.
MENTIONED IN THIS ARTICLE
Daisy Bell Teague Hill
Moffitt Dr
Korea
Yow
Lexington Avenue Baptist Church
Floral Garden
Mrs. Cora Yates Dies In Thomasville Hospital
Mrs. Cora Bell Fine Yates 70 lifelong Davidson County resident died at City Memorial Hospital in Thomasville Sunday at 5 15 am after five years of illness and a week of serious condition. She was a Liberty Baptist Church member. Surviving are her husband Bert Yates and two grandsons. Funeral services were held at Siler Loftin Funeral Home Chapel with interment in Liberty Baptist Church Cemetery.
MENTIONED IN THIS ARTICLE
Thomasville
Cora Bell
Fine Yates
Route 2
City Memorial Hospital
Bert Yates
Siler-Loftin Funeral Home Chapel
Liberty Baptist Church
Deaths and Funerals for Willie Kennedy and Rev Walter Hicks
Two funeral services are announced. Willie Jeanette Elders Kennedy 76 of Route 2 Trinity died after a three year illness in High Point Memorial Hospital. Services were at Hopewell Methodist Church with burial in Hopewell Cemetery. The Rev Walter Lee Hicks 73 died at his daughter's home and service was at Macedonia Church of the Living God with burial in Springfield Friends Cemetery.
MENTIONED IN THIS ARTICLE
Willie Jeanette Elders
Route 2
Trinity
Hopewell Methodist Church
B. S. Lyndon
Frank Berry
Mt. Vernon Methodist Church
George Elder
John Kennedy
Howard Floyd
Clinton Cashatt
Lawson Kennedy
Carl Crofts
H. H. Elder
Clark Elder
W. L. Hicks
Walter Lee Hicks
Macedonia Church of
Mr. Hicks
R. W. Walker Sr
Grace St
Funeral services for Mrs Hattie Jane Henley Cobb
Mrs Hattie Jane Henley Cobb 69 widow of Ed Cobb died Friday in City Memorial Hospital after a one week illness. Funeral held Sunday at Memorial Methodist Church at 2 pm with Rev Harold M Robin in charge. Pallbearers were Ray Harrison Emanuel Jarrrett Jr J R Payne R L Shuford Jr Harold Melton and Knox Bradford. Interment in City Cemetery. Mrs Cobb resided at 204 E Guilford St.
MENTIONED IN THIS ARTICLE
Thomasville
Hattie Jane Henley Cobb
Ed Cobb
Memorial Methodist Church
Harold M. Robinon
Ray Harrison
Emanuel Jarrrett Jr
J. R. Payne
R.L. Shuford Jr
Harold Melton
Knox Bradford
City Cemetery
Mrs. Bertie Dunn Dies In Hospital
Mrs. Bertie Dunn 50 a High Point resident died in a Moore County hospital after a brief illness. Born June 3 1906 in Moore County she married Bailey Andrew Dunn in 1925. Surviving: husband two sons and daughters, her mother, three sisters and five brothers. Funeral Tuesday at 2 pm in Dover Baptist Church Moore County with burial in the church cemetery. Body to be taken to the home this afternoon.
MENTIONED IN THIS ARTICLE
Bertie Davis Dunn
OS Cr
Memosie Camino
Rome
Dunn
Moore County
Wiley A
Daisy Vow Davis
Bailey Andrew Dunn
High Point
Haltom
Arthur Spencer
James Dyson
Vergie Sechrest
Albert
Dewey
Elmer
Schylar
Berkley Davis
Dover Baptist Church
Charlie Monk Jr
Brentwood Baptist Church
Former High Point Resident Dies at Butner Hospital
Esther Minard, former High Point resident, died at Butner Hospital after six years of declining health. She and her mother and the Hydes moved from Chicago in 1908, with Mr. Hyde linked to Shipman Organ Co. She belonged to First Presbyterian Church and taught Sunday School.
Mrs J E Forbis of Oak View Dies at 83
Mrs Sarah Laura Covington Forbis 83 died Sunday at 5 15 after extended illness. She lived with her son at 106 Mayview Ave Oak View and was born in Richmond County October 20 1873. Surviving sons J C Forbis High Point and W S Forbis Jacksonville Fla a sister Mrs J A McNeil Hamlet and five grandchildren. Funeral services were held at Harold C Davis Chapel and Ellerbe Baptist Church with ministers George C Starr and Thomas Faircloth officiating and burial in Ellerbe Cemetery.
MENTIONED IN THIS ARTICLE
Sarah Laura Covington Forbis
Oak View
Mayview Ave
Richmond County
W. R. and
Dizie Bennett Covington
J. E. Forbis
High Point
Ellerbe Baptist Church
J. C. Forbis
W. S. Forbis
Jacksonville
Fla
J. A. McNeil
Hamlet
Harold C. Davis
George C. Starr
Oak View Methodist Church
Thomas Faircloth
Ellerbe Cemetery
Eagle Scout Rank Reached by Thousands Each Year
Each year more than 14,000 Boy Scouts attain the Eagle Scout rank, highlighting the program’s enduring path to leadership and achievement.
Steadfast Opposition To Communism Urged
Syracuse NY Atty Gen Herbert Brownell urged steadfast opposition to communist terrorism of mind and body in a speech at a YMCA building dedication. He said freedom denied peoples deserve hope inspiration and shelter from the friendly hand of aid.
MENTIONED IN THIS ARTICLE
Syracuse
N. Y
Herbert Brownell
United States
YMCA
Final Expense Insurance Ad for Seniors by Mail
Senior readers aged 60 to 80 are urged to mail for a $1,000 life insurance policy through Old American Ins Co Kansas City. No obligation and no calls. Send name address and age to 3 West 9th Dept L1432B Kansas City Me.
MENTIONED IN THIS ARTICLE
OLD American
Kansas City
Old American Ins. Co
West 9Th
Dept
New Tablet Drains Sinuses Without Surgery
A 1957 announce introduces Dristan Tablets claimed to drain clogged sinus cavities quickly without puncturing or nasal tubes. The tablet works through the bloodstream to shrink swollen sinus doors and relieve pressure and pain, and is sold for 98 cents per 24 tablets with a full refund guarantee. The product is produced by Whitehall Pharmacal Company.
MENTIONED IN THIS ARTICLE
New York
N. Y
Also Mentioned on This Page
Es Cannes
Asec Cesansca
Jy. Eediuctsacees
Ease Saueceat
Chotius
Southern Railway
J. P. Stevens No
American Tel. & Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
Iu. S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Dow-Jones
S. C. Clark
Business Mirror
Stock Mart
J. R. Parks Jr
Daisy Hill
Moffitt Drive
Hospital Care Association
Wright
High Point, N
Electric
N. Main ST
Cora Yates
Willie Kennedy
Hattie Cobb
Bertie Dunn
City
Butner Hospital
Whitehall Pharmacal Company
Handy
Onion Chopper
Belk - Beck