Television and Radio Stocks Drive Market Wave
Booming demand for radio and television shares dominated trading in New York. TV issues led gains as investors cheered high dividend prospects and rosy industry forecasts, with Zenith outpacing peers on a pay as you go tele program plan. The market overall moved little, while coal strike news influenced sentiment but not prices.
MENTIONED IN THIS ARTICLE
William D. Horgan
New York
Truman
Admiral Corp
Philco
Radio Corp
Sparks-Withington
Stewart-Warner
Menith
Cceceeess
Zenith
Acto
Sis
Stewart- Warner
Admiral
Emerson Radio
Magnavox
Avco
Motorola
Associated Press
Wall Street
Stock Exchange
New Sermon Series At First Baptist Church
In Thomasville on February 11, the First Baptist Church announced a nine week series titled Preaching From Revelation led by Rev. Charles F. Leek. Invitations go out to readers of Revelation discussions with topics including The Responsibility of Reading Aright the Revelation and The Church Measured By Its Founder’s Standards. Sermons are set for tomorrow at 11 a.m. and 7:30 p.m.
MENTIONED IN THIS ARTICLE
Thomasville
First Baptist Church
Charles F. Leek
Pittsburgh
Duquesne Light Co
Tennessee Coal, Iron & Railroad Co
Southern
U. S. Steel
Birmingham
Wheeling Steel
Bethlehem Steel
Sharon Steel
Youngstown
Republic
Cleveland
General Motors
Ford
Chrysler
Canada
Charles E. Wilson
Photo Critique Planned by High Point Camera Club
Louis Voorhees will evaluate photographs at a High Point camera club meeting at Shuterbug camera store 114 South Main Tuesday night. Seventy six prints from exhibit at the shop last week earned several prizes in Greensboro Burlington and Reidsville photo competition last month.
MENTIONED IN THIS ARTICLE
Louis Voorhees
High Point Camera Club
Shuterbug Camera Store
South Main
Greensboro
Burlington
Reidsville
Overall Business Conditions Good In Spite of Coal Shortage
The New York report notes that fuel shortages from the coal strike and unsettled labor in key industries pressed business yet conditions remained notably good. Production declined in coal related lines but steel, autos, construction and appliances held strong. consumer spending varied by weather and strikes. Government intervention in the coal dispute buoyed sentiment as talks progress.
MENTIONED IN THIS ARTICLE
G. A. Phillips
New York
Dun & Bradstreet
John L. Lewis
Illinois
Buffalo
Emergenc Fuel Committee
Wells In New York Faces Death Over Keeper Slaying
The case centers on Wells condemned to die by gas for striking a prison keeper in what he says was defense. Letters from San Quentin inmates claim keepers baited him and that the striking guard flashed a light to wake him. The argument frames an 8th Amendment, noting cruel punishment concerns for lifers.
MENTIONED IN THIS ARTICLE
Hters
San Quentin
Wells
U. S
Small amounts of alfalfa hay aid cattle vitamin A needs
Small quantities of alfalfa hay can prevent vitamin A deficiency in cattle. The practice provides essential nutrients and supports herd health.
Merrill Urges Equity Capital to Fuel Industry Growth
Ameri cans spent over 9 billion last year on new autos but only 580 million in common stocks to fund industry. Charlie Merrill of the nation’s largest brokerage decries public investing ignorance and calls for tax law reform to favor stockholders who finance American expansion. He says brokers must educate the public and warns private enterprise risks if equity capital remains scarce.
MENTIONED IN THIS ARTICLE
New York
Charlie Merrill
Merrill
Veryone
Also Mentioned on This Page
New England
Banner
Scott and Williams
Merrill Kremer, Inc
1711 Exchange Building
Memphis 3
Tennessee
Lee A. Everhart
Winston-Salem
Harris, Upham & CO
New York Stock Exchange
High Point
N. C
SOL Pepper
N.C
High Point Saw & Repair Shop
Shanks
Emery Dressers
Russell ST
Kwajalein
Philippine
Pacific
Okinawa
Johnson IS
Tokyo
China
Siberia
Alaska
India
POLE
Iceland
Atlantic
Bermuda
Africa
South ‘America
MATS
Berlin
Washington
Continental
Westover
Mass
Hawaii
San Antonio
Texas
ICE Delivery Company
West Broad St
Winchell
New England Mutual
George D. Davis
High Point, N
Congress
Coca-Cola
Colum G&e
Com Credit
Curt Wright
Davison Chem
del Lack & W
Doug Aire
Cow Chem
DuPont
Eastman Kod
Ama
Elec Auto Lt
Firestone
Freeport
Snl
Elec
Gen Foods
Gen Mot
Gillette
Glidden
Goodrica
Goodyear
Graham Paige
Ry Pf
Hud
Hupp Corp
Ill Cent
Int Harvest
Nick Can
Int Tel & Tel
Johns Manville
Kennecott
Libby O
North Amer
Nor Pac
Ohio Ol
Otis Elev
Pac G&e
Packard
Param Pic
Penney JC
Penn-Dix
Penn RR
Pepsi-Cola
Phillips Pet
Pitt Scr & B
Pullman
Pure Oil
Radio
Radio K
Rem Rand
Repub Stl
Reynolds B
Sears
Socony
Sou Pac
Sou Ry
Sperry
Cal
Ind
Stevens JP
Stewart Warner
Studebaker
Swift
Tex Co
Tex Gulf Prod
Sex Gulf Sul
Textron
Timken Det Ax
TransAmerica
Trans & West Air
Union Carbide
Union Pac
United Airl
United Aire
United Corp
United Fruit
United Gas Imp
US Pipe
US Rubber
US Smelt & Ref
US Steel
Man
Member
Federal Deposit Insurance Corporation
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