Stock Market Dips As Profit Taking Hits Key Issues
New York stocks slumped in heavy trading as profit taking pulled many leaders down from near-record highs. Major names such as U S Steel and Eastman Kodak fell about a point or two while gains were seen in a few issues like American Telephone. Bonds and various industrials showed mixed moves amid a broad market retreat.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Havey
Illinois Central
U.S. Steel
Eastman Kodak
du Pont
Lorillard
Chrysler
Youngstown
Bethlehem
Jones & Laughlin
Sperry Rand
New York Central
Baltimore & Ohio
Northern Pacific
U.S
Teen-Agers Entertain Civitans at Noon Luncheon
High Point Civitans heard two Junior High School teens, Judy Loflin and Irene Zepolis, entertain at the Sheraton noon meeting. Loflin performed tap routines and a modern dance, Zepolis did the Charleston and a character dance. Mrs. C. B. Loflin and program director Jim Rose introduced the guests. Attendance prizes went to Horace Haworth and W. L. Peters.
MENTIONED IN THIS ARTICLE
High Point Civitans
Sheraton
Judy Loflin
Irene Zepolis
Jim Rose
Charley Spencer
Twilight Civitans
Horace Haworth
W. L. Peters
Alpha Art Club to Meet at 8 P.M. Thursday
The Alpha Art Club will meet Thursday at 8 p m with Mrs T Y Brincefield on Underhill Ave. Next gathering set for Mrs James Thompson’s home at 14 Ashburn St. The notice includes a brief social column with multiple local social events.
MENTIONED IN THIS ARTICLE
Alpha Art Club
T. Y. Brincefield
Underhill Ave
Cases Against Former Instructors Dropped at Parris Island
The Marine Corps dropped charges against Sgts. Ronald J. Heller and Willard B. Poss in the Ohio recruit platoon case after Sgt. Grant was acquitted. Grant’s verdict ruled insufficient evidence against the junior drill instructors, who were reassigned away from training duties at Parris Island.
MENTIONED IN THIS ARTICLE
Parris Island
D.C
Ohio
Marine Corps
Ronald J. Heller
Milwaukee
Wis
Willard B. Poss
Augusta
Ralph A. J. Grant
Racine
Grant
Marine Recruit Training Depot
Poss and
Heller
Poss
Panama Canal Zone
Investors guide to a shaky market and debenture alerts
A reader questions timing for a 2000 dollar to 3000 dollar investment while noting recent trades in Columbia Gas New England Electric and American Bosch. An answer explains the meaning of a forthcoming convertible debenture offer from Consolidated Edison and advises acting on the warrant rather than ignoring it.
MENTIONED IN THIS ARTICLE
Columbia Gas
New England Electric
American Bosch
Consolidated Edison
Triangle Advances Reported
RALEIGH AP Major advances in the development of the Research Triangle area including formation of the Research Triangle Institute will be announced at a Raleigh luncheon. The institute aims to perform research on a commercial basis and will occupy the New Home Security Life Insurance Building in Durham until permanent quarters are built. The triangle will leverage facilities at NC State Duke and UNC.
MENTIONED IN THIS ARTICLE
Raleigh
Research Triangle
Durham
Chapel Hill
Research Triangle Institute
Pearson Stewart
Governor’s
Research Triangle Committee
Stewart
Home Security Life Insurance
North Carolina State College
Duke University
University of North Carolina
Ballistics Expert To Testify In South Carolina Murder Trial
In Orangeburg a police ballistics expert prepared to testify in the trial of three defendants over the killing of Trooper Harry Boyd Ray. Otis Britt Lee Von Tilson and Douglas Westbury face charges after Ray stopped them for speeding near a motel robbery. The .38 slug is linked to the victim by pathologist Dr. F X McAuley. The case, before Judge J Henry Johnson, hinges on who fired the fatal shot amid claims of loot division.
MENTIONED IN THIS ARTICLE
Orangeburg
S.C
South Carolina
Harry Boyd Ray
Otis Britt
Lee von Tilson
Savannah
Douglas Westbury
Dorchester County
Westbury
Ray
Britt
F. X. McAuley
Santee
Highway 301
J. Henry Johnson
Robbbery
M. H. Hobbs
Highway Patrol
Tilson
Doan's Pills End Uneasy Bladder Symptoms
A vintage ad touts Doan's Pills for discomfort from overindulgence and restlessness. It claims soothing relief for backache headaches muscular pains and offers a mild diuretic action to increase kidney output. The copy invites readers to purchase the new larger economy can.
MENTIONED IN THIS ARTICLE
Iri
Doan
Also Mentioned on This Page
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel
Becks & Co
Andiee
Prey
Jly
Civitans
Colored News
John W. Barringer
Altoona
Myrtle Barringer
Gospel Singers
Emmanuel Gospel Singers
Mt. Olive Baptist Church
Joyce Marks
T. L Marks
Woodbury St
J. E. Melton
Jo Anne Jamerson
Elnora Lattimore
Dow-Jones
Investors Guide
Triangle Advances
Oak View School
High Point
Charlie
English Motor Company
Washington & Wrenn Streets
N.C
Ford
Belk-Beck
Tobias
S. H. Kress
Woolworth’s
Kiddie Korner
Rosanne
Janet
Jack N
McClellan
Gilbert
Dayton Koolfoam
Home Center
Patt
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