Market closes near record as stocks rise on Friday
New York stocks extend gains to another peak with broad advance. Kennecott leads with over four points, Teikohl climbs about seven, while Ford trims gains and Studebaker Packard falls. Utilities mixed and rails hold gains as bonds rise.
MENTIONED IN THIS ARTICLE
New York
Kennecott
Thiokol
American
Ford
Studebaker Packard
Lukens
Goodrich
General Tire
Phelps Dodge
Wertecheen Electric
Pfizer
Royal Dutch
Texas Co
Jersey Standard
Eastman Kodak
U.S
Cotton futures rise and stock quotes mixed in New York
Cotton futures opened up 50 cents a bale while several major stocks show mixed gains and declines. Key names include DuPont Dow Chemical Eastman Kodak General Motors Gulf Oil and United Aircraft with varied percentage moves across airlines, steel and utilities.
MENTIONED IN THIS ARTICLE
NEW York
New York Central AR
Light & Power
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western Rvy
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Procter & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
Ask
Ee Rey
American Marietta
American Tel. & Tel
Colonial Ee Ae
the Texas Co
Commonwealth Life
Union Carbide & Carbon
Drexel
United Aircraft Corp
Electronic Card
Westinghouse Electric Co
Gulf Life Ins
U. S. Steel
Jefferson Standard
Youngstown Sheet & Tube
N. C. Tel. Co
F. W. Woolworth Co
N.C
Pyramid Life Ins. S
Textile Ins. Co
United Ins. Co
Wachovia Bank
Quotations Compiled and Furnished by J Sturgis
Quotations compiled at 11 a m today furnish market insights from J Sturgis DUCT. The item notes security-themed quotes and brief commentary for investors readers seeking early commentary on market sentiment.
MENTIONED IN THIS ARTICLE
J. Sturgis
Dow Jones Averages Reported From Market Session
Market figures from Dow Jones show the average opening and closing values for key groups. Industrials, utilities and stocks are listed with latest totals and volume figures, reflecting trading activity.
MENTIONED IN THIS ARTICLE
Bache & Co
Prev li A.m
LEE Nile
The Growing Horror of Lung Cancer
An early Reader's Digest piece warns heavy smokers face high lung cancer risk and outlines survival odds. It details a lung removal operation and discusses drastic treatment choices and patient caution.
MENTIONED IN THIS ARTICLE
Reader's Digest
Film On Life Of Buddha Planned
Taipei AP reports a motion picture about Buddha life proposed with a $200000 budget. Filming to take place in Japan and Thailand with Mandarin as the official language for the cast.
MENTIONED IN THIS ARTICLE
Japan
Thailand
Bad Brakes Blamed In Car Wreck
An auto owned by Rocket Motors and driven by William F. Tomlin 34 of Tabor collided on English Street at 4 45 pm due to bad brakes. Tomlin was charged with driving with improper brakes. Damages totaled 350 dollars.
MENTIONED IN THIS ARTICLE
Rocket Motors
William F. Tomlin
Tabor
English Street
Thomasville Road
Tomlin
N. Hamilton Street
R. F. Naylor
Naylor
N. Hamilton St
Atomic Ship Lenin to Sail Soon with Atomic Reactors
The Soviet Union reports the Lenin, launched in Leningrad in December 1957, will soon be ready to put to sea after dockside tests. It is powered by three atomic reactors producing 44 000 horsepower, with two reactors meeting all ship needs and one as an auxiliary unit.
MENTIONED IN THIS ARTICLE
London
Soviet Union
Lenin
Leningrad
Scrapping of Arrow fuels Canadian political furor
Ottawa protests erupt as Prime Minister Diefenbaker abandons the Arrow missile project in favor of a US anti aircraft system. About 14 000 Avro workers are laid off and critics warn of long term US Canadian defense integration and brain drain.
MENTIONED IN THIS ARTICLE
Ottawa
John Diefenbaker
United States
Lester Pearson
Canada
A. V. Roe (Canada) Ltd
Avro
U.S
RCAF
Mill Establishes 1.25 Minimum Wage Scale
Fayetteville text notes Rockfish-Mebane Yarn Mills, a Dixie Mercerizing Co. subsidiary, sets a 1.38? nooga Tenn wage trend in Southern textile firms. The poorly scanned item references wage scales and industry movement in the region.
MENTIONED IN THIS ARTICLE
Fayetteville, N.C
Rockfish-Mebane Yarn Mills
Dixie Mercerizing
Conooga
Tenn
Tes Talen Tote
Reapportion Measure Introduced In North Carolina
RALEIGH Two North Rockingham and George Long of Alamance filed a reapportionment bill on Monday night. The measure would give Rockingham and Alamance two House members each and reduce Cabarrus and Pitt to one each. The General Assembly must reapportion after each census. Rep. Tom J. Herbert proposed a separate bill for Clay residents over 65 to receive a permanent hunting and fishing license free of charge for the county lifetime.
MENTIONED IN THIS ARTICLE
General Assembly
House
North Carolina
Malaya Returns 250000 Subversive Books to Red China in 1958
Kuala Lumpur says it sent 250000 subversive books back to Red China in 1958 as part of postwar security actions. The report notes ongoing tensions and a government stance against hostile propaganda.
MENTIONED IN THIS ARTICLE
Kuala Lumpur
Malaya
Red China
Campanella's Son Arrested in Queens Gang Fight
In New York a 15 year old son of Roy Campanella and 17 others were arrested after a gang clash at a Flushing bowling alley. David Campanella led the Chaplains against the Del-Cords in a prearranged fight over access to hangouts. Police took six youths, including David, and twelve others into custody. No injuries were reported.
MENTIONED IN THIS ARTICLE
NEW York
Dodger
Roy Campanella
David Campanella
Flushing Queens
Campanella
Del-Cords
Bronx
David
Jack Baumohl
New York Mirror
Realty Transfers High Point Township Summary
Alton J. Malpass and wife transfer to James Alton Malpass a parcel in Spring Valley. Robert D. Weant and wife convey to Oscar Lee White and wife portions of J. A. Morris addition. Ethelyn Malpass transfers to Alton J. Malpass parcels in Spring Valley and Wise Street. J Dan Smith and wife move property to Fred G. McKenzie and wife at Willenbar Terrace. Jane R. McCurry sells to James M. Wall and wife a Wendover Hills lot. Henry Shavitz and wife deed to Julian B. White and wife a Lincolnshire lot. W Anthony and wife convey Blairwood lot. R A Phipps and wife to James R. Phipps a High Point real estate parcel.
MENTIONED IN THIS ARTICLE
Alton J. Malpass
James Alton Malpass
Spring Valley
Robert D. Weant
Oscar Lee White
J. A. Morris
Ethelyn Malpass
Wise Street
J. Dan Smith
Fred G. McKenzie
Willenbar Terrace
Jane R. McCurry
James M. Wall
Wendover Hills
Henry Shavitz
Julian B. White
Lot Lincolnshire
Julian W. Anthony
Lot Blairwood
R. A. Phipps
James R. Phipps
High Point
Residents get a year to change names in Formosa
In Formosa, mosa residents may rename themselves within a one year grace period. Old rules barred name changes, but a new order grants a year to replace names chosen by parents amid complaints. Names cited include Little Dog, Wine, Bottle, Big Head and Small Cat.
MENTIONED IN THIS ARTICLE
Taipei
Formosa
Wife Charged With Assault On Husband In Thomasville
Ella Mae Ross of Route 1 Thomasville was charged with assault with a deadly weapon a rusty old flatiron after claiming her husband took ten dollars of hers and gave it to a King Street woman. He was hospitalized for a scalp wound. Ross posted $300 bond for Recorder's Court March 2. Brutus Fant of Carroll Street was also arrested for assault on Robert Dalton and released on $100 bond for a March 9 trial.
MENTIONED IN THIS ARTICLE
Thomasville
Mae Ross
King Street
Brutus Fant
Carroll Street
Robert Dalton
Fant
Also Mentioned on This Page
Ekcome
Dow-Jones
Averanes
Wfmy-Tv
Greensboro
RFC Piedmont
Love Leey
Search For
Tomerres
Golding
Ste
Jimmy Deas
Art Linkletter
General Tires
Hughes Tire Service, Inc
Wsjs-Tv
Winston-Salem
Wsoc-Tv
Charlotte
WBTV
RCA Victor
Dumont
Admiral
TV Television Sales & Service
North Main ST
Wsls-Tv
Roanoke
Wunc-Tv
Chapel Hill
Channel
Wuespay
Diefenbaker
Commons
American School
Dept
F.C
Borlington, N. Co
Midway Ueane
Madison
Rialto
Rhonda Fleming
Esemen
Buitwuip
Gorcey
Elizabeth Montgomery
Tes
Yee
Coles Pete
Agrest Mountart
the Chaplains
High Point Township
Gary Cooper
Marcia Schell
June Allyson
Jeff Chandler
Rem Ea
Ideal
Charles Coburn
Mary Astor
Peter Graves Nagel Ree
Welborn Plumbing and Heating CO
Ward St
Family Finance
of High Point, Inc
Commerce ST
Asheville
Concord
Durham
Gastonia
Raleigh
Salisbury
Wilmington
Winston Salem
Lee
Broadway
20Th Century Builders, Inc
W. Lee St
Om Tenrentes
Ieehehien
Teh
Cme
Dry Cleaning
Leonard
Reinhard & Company, Inc
Fourth Ave
Percy Payne
Sunset Dr
N. C
Baer
Mickey Rooney
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