Steel stocks lead brisk New York market rally
Steels paced a broad stock market rise as the Associated Press index climbed 1.10 to 220.50 at noon. Industrials, rails, and utilities gained with American Telephone rebounding, amid Laos crisis and Cuba tensions boosting demand for steel and rail issues. Major names such as Bethlehem Steel, General Motors, DuPont, Gulf Oil, and General Electric showed notable moves in a volatile trading session.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Laos
U.S
Cuba
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central AB
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Cotton Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Dow Jones Averages and Market Activity
The Dow Jones averages show early gains with the 30 industrials at 610.26 and rails at 191.06 after a noon close of 618.30 and 131.60 respectively. Utilities quote and overall volume figures appear among mixed readings from the day’s trading activity.
MENTIONED IN THIS ARTICLE
Bache & Co
Democrats Prepare For Opening Of Assembly
In Raleigh the State House Democrats plan to clear the ground for the February 8 1961 General Assembly opening. Guilford County Rep. Joe Hunt of Greensboro to be nominated speaker with a slate for principal clerk reading clerk and sergeant at arms. Hunt would name committee chairmen before the session.
MENTIONED IN THIS ARTICLE
Raleigh
House of Representatives
General Assembly
Guilford County
Joe Hunt
Greensboro
Hunt
Witnesses Report No Evasive Action In Jet Collision
CAB inquiry heard seven witnesses describe the United Air Lines and Trans World Airlines crash over Staten Island on December 16 128 people perished on the two planes and eight on the ground. The TWA Constellation fell on Staten Island the UAL jet on Brooklyn. The report cites 125 interviews noting both planes were in low level flight with the UAL seeming to strike the TWA on the right side.
MENTIONED IN THIS ARTICLE
New York
Civil Aeronautics Board
United Air Lines
Trans World Airlines
George R. Baker
CAB
Staten Island
TWA
UAS
Brooklyn
Baker
UAL
G. Joseph Minetti
Sanford Prepares For Inauguration
North Carolina Governor-elect Terry Sanford completes private duties as Raleigh gears up for the inaugural events. Hodges departs to Washington as commerce secretary while Kennedy aides, state officials, and dignitaries attend parades, balls, and ceremonies.
MENTIONED IN THIS ARTICLE
Raleigh
Terry Sanford
North Carolina
Sanford
Luther H. Hodges
Hodges
Washington
John Kennedy
Fayetteville Street
Hall of History
State Art Museum
General Assembly
Raleigh’s Memorial Auditorium
Governor's Mansion
Capitol
H. Cloyd Philpott
Council of State
Atty
Wade Bruton
U.S
Break with Cuba Prompts U S Diplomats to Depart
The United States orders Cuban diplomats expelled after a break with Havana. Charge d'Affaires Daniel Braddock and 10 aides plan to stay several days to transfer U S relations to Swiss Ambassador Walter Rossi while many staff head to West Palm Beach. About 100 Cuban diplomats are affected across 13 Cuban consulates in the U S.
MENTIONED IN THIS ARTICLE
Havana
Daniel J. Braddock
U.S
Walter Rossi
Braddock
West Palm Beach
Fla
State Department
United States
Castro
Washington
Central Airport Sited For Tri City Air Service Split
A 10 year dispute over air service for Greensboro High Point and Winston Salem centers on centralizing trunkline flights at Friendship Airport in Greensboro High Point. Officials say Harmony would improve access during peak periods. Winston Salem favors Smith Reynolds while opposing Friendship.
MENTIONED IN THIS ARTICLE
Gotch and Crawford
Amos
High Point
Winston-Salem
Smith-Reynolds
Smith Reynolds
High Pointer
Bland Worley
Greensboro
Tri-City
Greensboro-High Point
Friendship
Winston- Salem
Forsyth County
Colfax
Gotch
Albert Gotch
Ceasar Cone
Greensboro High Point Airport Authority
Cone
Greensboro - High Point Airport Authority
Piedmont Airlines
Piedmont
Pfeiffer
Eastern Airlines
Capital Airlines
United Airlines
Post Office Department
Smith Reynolds Airport
Greensboro High Point Airport
Bank Bandit Robbery Suspect Sought After Charlotte Heist
Bank customers unaware of a robbery at the Park Road Shopping Center First Union branch. A tall thin man escaped with 1450 dollars after demanding cash, while FBI and police pursued leads. getaway car and disguises found, suspect still at large.
MENTIONED IN THIS ARTICLE
Charlotte
Donald Roney
FBI
Park Road
First Union National Bank
John B. Roberts
Roberts
Velma Wall
Mecklenburg County Police
John K. Wall
Harriet Stowe
Break With Cuba Was Inevitable
Havana observers say the U S Cuba split was long in coming as Castro showed no willingness to normalize ties after taking power. Diplomatic ties deteriorated through 1960 with arrests of American officials and anti American propaganda as U S efforts to meet with Castro failed.
MENTIONED IN THIS ARTICLE
Harold K. Miles
Havana
United States
Fidel Castro
Cuba
Washington
Castro
Eisenhower
Christian A. Herter
Herter
U.S
Philip Bonsal
Bonsal
Hitler
Advertising dominates the daily paper with women readers
Manufacturers of perfumes and cosmetics spent nearly 12 million dollars on newspaper ads last year with one major firm boosting its advertising outlay by 346 percent from 1958.
Carolinas Add Six Metro Areas With Population 200000
Census figures show Charlotte leads the Carolinas with 272,111 residents, followed by Columbia at 260,828 in 1960. Other rising metros include Greensboro High Point North Carolina Augusta Charleston Greenville Winston Salem Raleigh Asheville and Durham with populations cited for 1960 and 1950. The New York metro remains the largest nationally at 10,694,633.
MENTIONED IN THIS ARTICLE
Associated Press
Carolinas
U.S. Census Bureau
Charlotte
N.C
Columbia
S.C
Greensboro
High Point
Augusta
Charleston
Greenville
Winston + Salem
Raleigh
Asheville
Durham
New York Metropolitan Area
Doniger Pioneer of Sportswear Dies at 56
Harry E. Doniger, 56, New York industry pioneer and chairman of McGregor Doniger Inc, the world’s largest maker of men and boys sportswear. The firm was founded by his father.
MENTIONED IN THIS ARTICLE
New York
Harry E. Doniger
McGregor-Doniger Inc
Youth Wounded In Prison Break
One youth was wounded by buckshot and hospitalized while another escaped during two separate prison breaks in North Carolina. Guard Jerry Walters shot one convict. the other fled and remains at large as three Vance County inmates and additional suspects are recaptured or pursued.
MENTIONED IN THIS ARTICLE
North Carolina
Jerry Walters
Lillington
Sanford County
Franklinton
Louisburg
Vance County
Jimmie Lee Jones
Pink Hill
Walters
Central Prison Hospital
Raleigh
Franklin Yates Byrd
Clayton
George Randall
Kenneth B. Hill
Samuel Levitas Dies at 66 New Leader Editor
Samuel Levitas 66 longtime executive editor of New Leader Magazine liberal anti Communist publication died Tuesday. Born in Kiev he came to the United States as a young man and returned to Russia in 1923 after prison by White Russians and Communists. He had led the New Leader since 1930.
MENTIONED IN THIS ARTICLE
New York
Samuel Levitas
New Leader
Levitas
Kiev
Russia
United States
Also Mentioned on This Page
Nacne & AD
American Can Co
Allied Chemical & Dye Adams-Millis Corp
American Tobacco Co
the Borden Co
Dow Jones
House
Brunswick County
S. Bunn Frink
Florida
Paul H. Thompson
Thompson
Henry Hall Wilson
Monroe
Erect Sanford
PAG
Paul Pfeiffer
Bank Bandit
Chambers of Commerce
South Main
W. Green
College Village
Ember Federal Reserve System
Federal Deposit Insu
Ance Corf
Carolina National Savings
Carolina National
THE
Randall i
Hill
Walter Ray Cox
Rt. 2
Daniel FE
Garner
Walter E. Moore
Metter
Jones
Byrd
Cox
Moore
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