Stock Market Slips in Fifth Day of Decline in 1958
New York stocks drifted lower for a fifth straight day with fractional losses in many leading issues. Some gains appeared in gold mining shares while industry group declines persisted in rubbers, chemicals, aircrafts, and rails. The Associated Press 60 stock average stood down at noon, with rails and utilities leading the drop.
MENTIONED IN THIS ARTICLE
New York
Mars
Treasury
Goodrich
Goodyear
Douglas Aircraft
Aluminium Ltd
Union Jane
Westinghouse Block
Associated Press
How To Be A Perfect Guest
A magazine style guide excerpt discusses hosting etiquette and social grace with tips for making a guest appearance smooth and memorable. It emphasizes punctuality attentiveness and polite conversation for social success.
Industrial ticker recalls major company stakes
Readout lists Cotton Union Carbide and Carbon United Aircraft Westinghouse Electric Youngstown Sheet & Tube and F. W. Woolworth with stake percentages 79 percent and 41 percent, indicating a summary of ownership or control positions among several firms.
MENTIONED IN THIS ARTICLE
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
Youngstown Sheet & Tube
F. W. Woolworth Co
1957 Earnings Seen Mixed As Profits Edge 1956
Business profits for 1957 barely beat 1956 with total net income of 10.30 billion dollars from 679 firms as agencies report widespread drops in airlines meat packers mining paper cement textiles farm equipment and railroads while autos steel and chemicals buck the trend. Dividends are increasingly cut as the earnings picture grows murkier.
MENTIONED IN THIS ARTICLE
New York
Rights Commission Chief Clarifies Role on School Integration
Washington The chair of the Civil Rights Commission says the body is not responsible for enforcing school integration and has no intent to intervene in Little Rock. He notes the 1957 act gives authority to collect information for the Justice Department but not to act as a tool for others. The five appointees face Senate questions as the panel plans its agenda.
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Washington
New
Civil Rights Commission
John A. Hannah
Senate
Judiciary Committee
Little Rock
Commission
Young
Justice Department
Hannah
Michigan State University
Atty
Rogers
Eastland
Tranquilizer Pills Tested For Addiction
Oklahoma City reports tests on 60 unstable inmates at McAlester State Penitentiary over 12 weeks found no addiction to the tranquilizer meprobamate. Dr. Austin R. Stough notes withdrawal caused an undesirable reaction in some cases, with all patients returning to prior status within 48 hours.
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Oklahoma City
Oklahoma State Penitentiary
McAlester
Austin R. Stough
Journal Medical Assn
Ah Lea
Stough
Coffee Drives Economy Across Latin American Republics
Coffee forms the main income and economic development base in 14 of the 20 Latin American republics, highlighting the crop’s pivotal role in regional wealth and growth. The source notes the uneven impact across nations, with some areas diversifying while others rely heavily on coffee exports.
Judge Passes Sentences To Eleven Defendants In Court
Judge Haworth imposed terms for drunk charges and assaults. Buckman 27 received 90 days on a prior assault case and was bound on related charges involving Martha Lewis and Thomas Southern. Others include Strickland 33 with one month, Lilly 38 with 30 days, Blue 1 month, Shipwash 24 with four months, Summers 26 one month suspended, Medlin 90 days, and Lyon 36 bound over on a three year forgery count.
MENTIONED IN THIS ARTICLE
Jack J
Johnny” Buckman
E. Commerce Street
Martha Lewis
Haworth
Buckman
Thomas Southern
Lewis
Southern
Vance
Frank Strickland
Vall Street
Fred Lilly
Daniel Brooks
Gertrude Elizabeth K. Blue
Peachtree Drive
Eugene E. Shipwash
Kivett Drive
Charles J. Summers
Graham
Edna Mae Medlin
Route 5
Keith Lyle Lyon
Automotive finance group closes three day Greensboro meeting
The North Carolina Association of Automotive Finance Companies wrapped a three day session in Greensboro with panel discussions and an address. S. A. Benton of Charlotte was elected president as about 200 members, wives, associates and guests attended.
MENTIONED IN THIS ARTICLE
Greensboro
North Carolina Assn. of
S. A. Benton
Charlotte
Association
Inquiry Okayed on Warrant for High Point Officer
Police Chief C. C. Stoker ordered an internal probe into a prisoner's claim that Officer R. J. Roseboro assaulted him after a drunken driving arrest. The case arose in Municipal Court with attorney James B. Johnson seeking a bench warrant. Johnson's counsel said prosecutors might pursue the warrant. the judge urged consultation with the solicitor. Johnson later visited police headquarters and requested a warrant, which a clerk declined. Chief Stoker backed standard procedure and said the matter would be decided after all facts are known. Johnson's drunken driving case is set for Municipal Court tomorrow, where further details may surface.
MENTIONED IN THIS ARTICLE
C. C. Stoker
R. J
Johnson
Roseboro
Haworth
Robert Bencini
Bencini
Rec Yan
Chief Stoker
Stoker
Man's Death Traced To Pneumonia
Charlie S. Harris, 44, was found dead Sunday at 1204 S Main St. Officers reported no foul play. Dr. T E Terrell said Harris lived alone and had been at the residence. Survivors include his mother Mrs James M. Harris of Washington DC, three brothers Fred High Point Roy Charlotte and William Harris Pulaski VA, and sister Mrs Maude Ratcliff Washington DC. Body sent to Pulaski for burial. arrangements unknown.
MENTIONED IN THIS ARTICLE
Charlie S. Harris
S. Main St
T. E. Terrell
S. Main Street
James M. Harris
Washington, D. C
Fred
High Point
Roy
Charlotte
William Harris
Pulaski, Va
Maude Ratcliff
Pulaski
Mild Spell Continues Across Nation Amid Storms
A late February mild spell persisted nationwide while storms struck the northern Pacific Coast and western states. Heavy rain hit western Oregon and parts of California, with northern California reporting the season’s worst storm as roads washed out and trees were down.
MENTIONED IN THIS ARTICLE
Associated Press
Pacific Coast
California
Montana
Oregon
Great Lakes
New York
New England
Education Board Plans Statement on NC State married housing
The State Board of Higher Education will issue a statement within days in response to criticism at the UNC trustees meeting over plans for 300 married student housing units at North Carolina State College. Rep W C Harris Jr challenged whether the university or others run the institution.
MENTIONED IN THIS ARTICLE
Raleigh
State Board of Higher Education
Consulleh
North Carolina State College
Board of Higher Education
UNC
W. C. Harris Jr
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