Market dips as steel losses drag Dow toward midday
New York stocks opened mixed with a tendency lower as steel shares led declines. Bethlehem Steel and Youngstown fell more than 3 while U S Steel and Jones & Laughlin slipped about 2. Grumman rose, Boeing and Douglas gained modestly, and the AP average eased 60 cents to 180.90 at noon.
MENTIONED IN THIS ARTICLE
New York
Europe
Bethlehem Steel
Youngstown
U.S. Steel
Jones & Laughlin
Crucible, Lakes
Republic Steel
Magma Copper
Anaconda
Phelps Dodge
American Smelting
Kennecott
Gulf Oil
Royal Dutch
Standard Oil
New Jersey
New York Central
Sinois Central
Union Pacific
Grumman
Boeing
Douglas
United Aircraft
du Pont
U. S
Associated Press
Frigid Arctic Air Sends Mercury Plummeting Across Regions
A bitter Arctic blast sent subzero readings across the Midwest and Northeast. Cities from Chicago to Burlington and Albany posted record lows, while the Gulf Coast remained in the 50s and 60s as snow shifted toward the Atlantic.
MENTIONED IN THIS ARTICLE
Arctic
Midwest
Plains
Great Lakes
New York State
New England
Chicago
Bismarck
N. D
International Falls
Minn
Grantsburg
Wis
Burlington
Iowa
Syracuse
N.Y
Massena
N. Y
Watertown
Albany
Lebanon
N. H
Gulf Coast
Florida
Ohio Valley
Atlantic Coast
Weather figures for upcoming day
Tonight's low is 18 and tomorrow's high is 38. Today's high reached 42 and last night's low was 35. Sunset is at 5 28 p.m. and sunrise tomorrow at 7 30 a.m.
North and South Carolina Outlook Cold with Light Precipitation
forecasts show a partly cloudy colder trend across North and South Carolina. North Carolina highs range from 30s to 40s with mountain lows near 12 to 18 and a slow warming by Wednesday. South Carolina stays in 40s to mid 50s with cooler nights and light rain possible late week.
MENTIONED IN THIS ARTICLE
North Carolina
North
South
South Carolina
Piedmont
Dow Jones Averages Shift as Markets End Mixed
The Dow Jones set varied readings with industrials around 493.81 and rails near 156.89 while utilities moved to 30.33, amid total volume figures of about 1,010,000 shares in the early tally. The report, provided by Bache & Co, records mixed outcomes across sectors with light volume at hand.
MENTIONED IN THIS ARTICLE
Bache & Co
Cotton futures open lower then varied with notable stock listings
New York cotton futures opened five cents a bale lower to five cents higher amid mixed activity. The report also lists a slate of corporate and industrial stocks including Dow components and utility firms with varied percentage changes.
Stock dividends rise as cash costs stay high
A SAM DAWSON report notes a rise in payments to shareholders in stock rather than cash as tight money persists. Companies like the move to conserve cash for growth while stockholders may gain later from sales. 1956 saw about 1,000 corporations pay stock dividends totaling 1% billion dollars, with 35 declarations in the final ten business days. Some firms mix cash and stock regularly.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Eastman Kodak
Gulf Oil
Cerro de Pasco
Reynolds Metal
Children Rescued In Windstorm Debris
Five children were rescued uninjured after a windstorm drove trees into the R R McClellan home in Camas Washington. R R McClellan found two walls shattered at 3 am and the tree splintered a bunk bed where two teens slept. Bob McClellan, 13, was buried beneath debris and freed after about 30 minutes.
MENTIONED IN THIS ARTICLE
Camas
Wash
R. R. McClellan
McClellan
Bob McClillan
St Joseph Aspirin Proved Three Times Faster Than Leads
An independent laboratory test shows St Joseph Aspirin absorbs and acts three times faster than rival brands for headaches and body pains. The ad promotes St Joseph as gentle and widely used, highlighting a 200 tablet package for 0.79.
MENTIONED IN THIS ARTICLE
ST. Joseph
Blood Type Basics and Transfusion Safety
The article explains the four major blood groups O A B and AB with rates in the population and stresses recognizing donor and recipient types before transfusion. It notes universal donor Value of cross matching and introduces the Rh factor and its relevance to transfusion and childbirth.
Humphrey Bogart Dies A Hollywood Legend Passes
Bogart famed actor and Broadway star known for Killer Mantee in The Petrified Forest and films including The Treasure of the Sierra Madre and Key Largo has died. He married four times including his fourth wife Miss Bacall.
MENTIONED IN THIS ARTICLE
Bogart
Andover Academy
Alexander Wolcott
Humphrey Bogart
Duke Mantee
Hollywood
Mrs. Carrolls
Sierra Madre
Key Largo
U.S.A
Sabrina
God
Miss Bacall
Helen Menken
Mary Phillips
Mayo Methot
U S Proposes International Aerial Inspection for Disarmament
A new U S backed plan seeks international control to limit future development to peaceful purposes and to install an inspection system gradually. An international agency would supervise, with aerial reconnaissance debated by the Disarmament Subcommittee. The five member group includes Britain Canada France the Soviet Union and the United States. The Soviet Union shifts stance proposing aerial inspection within a Central European belt following a letter from Bulganin to Eisenhower.
MENTIONED IN THIS ARTICLE
Assembly
Britain
Canada
France
Soviet Union
United States
Bulganin
Eisenhower
Europe
Dulles Warns of Decisive Mid East Struggle
Secretary of State Dulles tells Senate committees that Britain and France have weakened positions in the Middle East and that Communist planners may consider volunteer operations there. He urges U S aid to help Middle East nations form capable security forces and supports Eisenhower’s request for broader military and economic assistance, warning of the stakes if the area is lost.
MENTIONED IN THIS ARTICLE
Middle East
Britain
France
Dulles
Korea
Senate
Middle East Nations
Israel
Congress
Eisenhower
James P. Richards
South Carolina
Richards
House Foreign Affairs Committee
Rep
Gordon (Dill
House
U. S
United States
Europe
Strike Leaders Face Death at Budapest Steel Works
Nepzabadsag reports 75 percent of workers returned to the Csepel Island steel works near Budapest after Friday clashes in which Communist police killed at least two and wounded several. The paper notes continued strikes at 18 plants amid rumors of arrests. Diplomatic sources say the U.S. and Norway plan to press Budapest for the release of two students aiding refugees and arrested by border guards.
MENTIONED IN THIS ARTICLE
Nepzabadsag
Csepel Island
Budapest
Vienna
U.S
Richard Roraback
Dobbs Ferry
N.Y
Einar Roos
Oslo
International Rescue Committee
Oil Hunt Moves Deep Into Alaska Frontier
Heavy drilling gear moves along the Alaska highway toward Flat Creek Landing south of Dawson City Yukon. Peel Plateau and Exploration Ltd. plans three test wells in muskeg country within the Arctic Circle on eight million acres of exploration rights across the Northwest Territories and Yukon.
MENTIONED IN THIS ARTICLE
Flat Creek Landing
Dawson City
Yukon
Arctic Circle
Peel Plateau and Exploration Ltd
Northwest Territories
Four Children Abandoned by Mother in Queens Church
Police identified 32 year old Eleanor Hyans as the mother who left her four children aged 2 to 6 in the back pew of the Church of Christ the King in Queens. A note signed by a heart broken mother promised to return in about a year and urged keeping the children together. Authorities pursued Hyans's alleged lover, 19 year old Robert York, while relatives sought to help the children.
MENTIONED IN THIS ARTICLE
New York
Eleanor Hyans
Church of Christ the King
Queens
Joseph
James
Carol
Mark
James Coppinger
Florida
Robert York
Texas
Also Mentioned on This Page
Bache & Company
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Burlington Mills Corp
Chrysler Corp
New York Central RR
THE
Charlotte
Official Weather Bureau
Asheville
Tree
Augusta
Charleston
Denver
Detroit
Evansville
Galveston
Greenville
High Point
Weather Bureau
South Atlantic
Gulf States
Pacific Coast
Dow-Jones
Seanna Dees
FRIAS
Veisscevsceys
Eksiskeveases
Cckcveceess
Ne Dare Ee
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Greyhound Corp
General Dynamics
General Electric
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel. & Tel
Business Mirror
By Hershberger
Park Avenue
America
Mid-East
Westinghouse TV
Teletronix
S. Wrenn ST
Alaska
Edmonton
Alta
Alaska Highway
NASA
Tas
Pittsburgh
Louisville
Washington
Richmond
FLY Eastern
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