Stock market gains widen as aerospace leads and Dow tops midday
The AP market update shows the Dow Jones industrial average up 2.23 to 698.26 at noon, with the Associated Press average up 0.30 to 254.30. Industrials, nonferrous metals, tobacco, and aerospace issues rise while steel and some majors slip. In Raleigh, Solicitor Chalmers continues the basketball scandal probe as Sanford releases a preliminary SBI report.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Kennedy
Reynolds
Tobacco
Eastman Kodak
United Aircraft
Goodrich
North American Aviation
Boeing
Douglas Aircraft
General Dynamics
Amerada
Hershey Chocolate
U.S. Steel
American Motors
Jones & Laughlin
U.S. Gypsum
Johns-Manville
United Air Lines
Chesapeake & Ohio
American Stock Exchange
U.S
Raleigh
Lester Chalmers
Burch-Brewer
Sanford
State Bureau of Investigation
Chalmers
Electricians Reach 30 Month Contract With Hour Cut
On page 1 A report notes a four hour day within a five day week amid fears of unemployment from new machines. The agreement, effective July 1, raises hourly pay by 56 cents but lowers weekly regular wages by 3.80 dollars. A 35 hour week could total 198.40 with 10 overtime hours.
Chalmers Probes Burch Brewer Case Amid Alleged Violations
Chalmers plans to pursue the Burch Brewer investigation after returning Sunday. Sanford fired Robert A. Burch, a Highway Department engineer overseeing sign procurement, for close ties to Raleigh businessman Kidd Brewer. A Boone hardware store allegedly routed 148000 to Brewer via Minnesota Mining and Manufacturing, with payments traced back to 1955.
MENTIONED IN THIS ARTICLE
Chalmers
New York City
Burch-Brewer
Sanford
Robert A. Burch
Highway Department
Kidd Brewer
Raleigh
Boone
Brewer
Minnesota Mining and Manufacturing
Minnesota Mining and Manufacturing. the State Division of Purchase and Contract
SBI
Burch
Minnesota Mining
Parkway Co, Inc
Paul Armfield Coffey
Lwent
Parkway
Sign firms suspended as Minnesota probes payments to Duke student
New York reports show Minnesota Mining and seven other sign makers suspended after revealing payments to Brewer and a firm that routed funds to Robert M. Burch, son of a former North Carolina highway engineer. Sanford links the scheme to reflectives contracts and urges fair bidding without influence peddling.
MENTIONED IN THIS ARTICLE
Brewer
Minnesota
Sanford
Bby Brewer
Robert M. Burch
Duke University
Duke
Burch
Minnesota Mining
North Carolina
Motel Owner On Trial In Shifting Bullet Fire Case
Robert Two Gun Snider, 56, Colfax motel owner, faced four counts of assault with a deadly weapon and one count of assault with intent to kill after a shooting spree at Arnold Stone Co on August 4. A Guilford County sheriff’s deputy said several people were struck or threatened as bullets ripped through a tower area and a nearby wall. Snider admitted drinking and claimed no awareness of endangering others as the jury began deliberations.
MENTIONED IN THIS ARTICLE
Frank Warren
Robert
Snider
Colfax
Guilford County Sheriff's Deputies
Arnold Stone Co
Prentice Bennett
Prentice
The
Stone Company
Midway
John W. Neal Jr
Rt. 2
Brown Summit
George Best
Pinecroft Road
Greensboro
Best
Willie James Gillon
Best Street
Experts urge manned space flight for science and security
Military risk drives urgency as leaders warn Soviet space program seeks space dominance. LeMay likens space race to WWI aerial era and says a first nation with a flexible manned system could control space. Seamans notes public impact and urges accelerated Apollo program to match Soviet firsts. Kennedy’s policy shift is highlighted. Columbus analogy closes.
MENTIONED IN THIS ARTICLE
U.S
Curtis LeMay
Air Force
Space
LeMay
NASA
Seamans
United States
Soviet Union
AFL-CIO Shifts to Fewer Hours and More Vacations
Labor groups push for reduced workweeks through longer vacations and extra holidays. Four weeks of paid vacation could cut a worker's week by three hours, while the 40-hour week was established in 1938. Government stats show 15 to 20 percent of workers below 40 hours with printing, clothing, brewing, rubber, lumber, and fur industries leading. In New York City office staff, 87 percent worked under 40 hours, with 54 percent on a 35-hour week.
MENTIONED IN THIS ARTICLE
Afl-Cio
Philadelphia
Congress
New York City
Record snow totals and fatal crash in Kansas and Missouri
A statewide snowstorm dumped 15 inches in 3 to 4 days with 21 inches total in Kansas City and 30 inches this month, while Missouri roads remained open. The storm contributed to a two car collision near Great Bend killing Mrs. Leonard Unruh and her three children and injuring others, with husband critically injured.
MENTIONED IN THIS ARTICLE
Kansas City
Cottonwood Falls
Butler County
Kansas
Missouri
Great Bend
Kaw
Leonard Unruh
Denver
Amy Beth
David
Allison
Unruh
Earl Cregger
George Fanatia
Erwin Mills Officers Re elected At Annual Stockholders Meet
Erwin Mills re elected all officers at the annual stockholders meeting. Charles F. Myers Jr. Douglas M. Orr Henry E. Rauch and Edward R. Zane were chosen to the Erwin Mills board, while Burlington Industries officers Hargrove Bellamy Freeman J. Daniels D. St. Pierre Du Bose Carl R. Harris George Watts Hill Ralph T. Marshall and William H. Ruffin were re elected directors.
MENTIONED IN THIS ARTICLE
Erwin Mills
Durham
Erwin
Cooleemee
Neuse
N. C
Stonewall
Miss
Also Mentioned on This Page
Brunswick
Gerb Prod
Goodyear T&r Ad
Gulf Oi
Nickle Can Eee
Seeevees
McLean Trk
Prey
Monsanto
Close Noon
Montg Ward Eee
Adams Millis Eeeene
Motorola
Allied Ch
Nat Biscuit
Phillips Petr
Henan
Wdeaeseseas
Columbia G&e
Radio Corp
Rep
Curtiss Wrteeeneee
Sears Roebuck
Dan Rig Mills
Sou Railway
Douglas Aire
Sperry Corpteneeee
Dow Chemeee
Ltd Brands
DuPont de Neeeene Eeeeee
Calif
East Air
Eastman
Boeing Air Tenner
Stevens JP
Borden Coweeeeewee
Texaco Inc
Borg-Warner
Cannon Mills
United Airlines
Caro P&l Heeenenes
United Airer
Celanese Corp
US Rubber
P&f Ween
Va-Care Chem
Ches & Ohio
el & Pow
Chrysler
P&p
Firestone
Prev. Mar. Cospetoses
Dow Jones
Bache
Lenegen V. F. W
the Starlits
BAND
Bachelor Flat
Tuesday Weld
Richard Beymer
Terry Thomas
Supper Club
Greensboro Road
Jamestown
Vaughn
Main St
Gee-E-E-E
Vincent Price
LABOR
Sas
Wichita
Burlington
Archdale Vfw
Big Twister
Rialto Theatre
Cku
Checker
Spencer
Marcell
NEW Service Laundry
Centennial Ave
Country Gentlemen
VFW
Greensboro RD
High Point
Doctor Blood
Saieees
Moy Point
Thomasville AO
BEAST
Druerlis
John Agar
Gloria Talbott
Arthur Shields
Viet Ee Ed
Susan Hayward
Piet
Lana Turner
John Gavin
Fannie Hurst
S. E E
Fife
Sandra Dee
Dan Cheruhy
Susan Kohner
Robert Aloahnita Moore
Marl Iageson
Warner Bros
Richard Barton Barbara Rush Angle Dickinson Recrimcocone
Archdale
FILM
MGM
Bill Travers
ED Begley
Paula Prentiss
Jim Hutton
Steve McQueen
RED Hot Wheels
Randy's
Main Street
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