Market drab amid mixed gains and losses on New York trading
Stocks showed modest movement with gains to around a point and similar losses as early activity faded. New York Central led the retreat after news of an omitted dividend while U.S. Steel layoffs weighed on sentiment. The Associated Press index stood at 160.80, rails down and utilities off as ex right rights traded amid overall uncertainty.
MENTIONED IN THIS ARTICLE
New York
New York Central
U.S. Steel
American Telephone
Royal Dutch
Associated Press
TV Schedule Highlights From Evening Lineup
The schedule lists To Tell Truth at 9:30 followed by Red Skelton at 9:30 and 10:00 with a $64.00 question at 10:30. Mama appears at 11:00, then Weatherman at 11:05, Late News at 11:15, Sports Final at 11:20, Late Show at 1:00 and Signoff to close.
Dow Jones Averages Reported At Noon
The Dow Jones averages furnished by Bache & Co show industrials at 447.40, 447.76. Rails around 106.08 to 106.87, utilities about 153.71 to 153.?, total volume listed near 2,210,000 shares with significant intraday fluctuations.
MENTIONED IN THIS ARTICLE
Bache & Co
P.m. Chore
Cotton futures edge lower amid unsettled trading
New York cotton futures show declines of up to 30 cents per bale as May and October contracts open and close around the 35.3 to 35.5 level. Corporate listings include Union Carbide, United Aircraft, Westinghouse, U S Steel, Youngstown Sheet Tube and Woolworth trading in the session.
MENTIONED IN THIS ARTICLE
New York
Vbaecseavs Ap Ae SS
Eenssessaeres Union Carbide & Carbon
United Aircraft Corp
Westing
Tar Heel Military Men To Be Heard
Three North Carolina military leaders travel to Washington to press Congress against armory and guard cuts. Gen Capus Waynick, Maj. Gen. Claude T. Bowers, and Maj. Gen. John Hall Manning plan to testify at 10 a.m. on funding shortfalls and the need for ready, disciplined troops at home. They urge retaining federal armory funds and guard strength.
MENTIONED IN THIS ARTICLE
Tar Heel
Raleigh
North Carolina
Washington
Congress
Capus Waynick
Waynick
Europe
Waynick Congress
Claude T. Bowers
Warrenton
39Th Infantry Division
John Hall Manning
Church Burns in Oil City Fire During Morning Service
Fire swept through the Assembly of God church in Oil City Michigan as Rev Jack Honeycut and the congregation left a morning service. The one story frame building was destroyed after flames started in the furnace room with no injuries reported.
MENTIONED IN THIS ARTICLE
Oil City
Mich
Assembly of God Church
Jack Honeycutt
Living costs hold steady in December amidslump in car prices
Government figures show living costs unchanged from November at 121.6 percent of the 1947-49 average, with lower automobile and apparel prices offsetting small rises in food and other goods. Labor Department official Hersey Riley offered no forecast for January. The index is up 3.1 percent from a year earlier and has risen in 14 of the past 16 months.
MENTIONED IN THIS ARTICLE
Washington
Hersey Riley
Labor Department
Civil Defense Panel Sets Public Meeting In High Point
A 7 30 p m panel moderated by Ed Washington at the County Building will answer how a local Civil Defense unit would act in an attack and what CD means for the city. Panelists include Dick Meisky George Spinnett C T McNary and Neal ong.
MENTIONED IN THIS ARTICLE
Ed Washington
High Point
Dick Meisky
George Spinnett
C. T. McNary
Greensboro
Nealong
Double
High Point League of Women Voters
High Point Optimist Club
C. A. Ferree
League of Women Voters
Jack Dunnard
Optimist
Marvin Hager Rites Held After Death at Home
Marvin Hager aged 49 of 512 Gordy Street died Saturday morning at his home. He was born in Gaston County and worked at Alma Desk Company. Surviving are his wife Maggie, two sisters Emma and Lois, four brothers Herman Douglas Samuel in Belmont and Emmett in New Jersey. Funeral services are Wednesday at 3:30 p.m. at Calvary Baptist Church conducted by Rev. J. E. Melton with burial in Greenhill Cemetery. The body remains at Haizlip Funeral Home until the service. AT MT OLIVE Emmanuel Co-Workers will sing at Mt Olive Baptist Church Sunday at 3 p.m.
MENTIONED IN THIS ARTICLE
Marvin Hager
Gordy St
Gaston County
Alma Desk Company
Maggie Hager
Emma
Lois Hager
Belmont
Herman
Douglas
Samuel Hager
Emmett Hager
New Jersey
Calvary Baptist Church
J. E. Melton
Greenhill Cemetery
Haizlip Funeral Home
MT. Olive
Emmanuel Co-Workers
Mt. Olive Baptist Church
Welfare board seeks operator for county receiving shelter
Guilford County welfare officials began searching today for a person to run a receiving shelter for abandoned and neglected children. The center would screen children physically mentally and medically before classifying them for foster homes and would hold them at least two weeks. The plan grew from a year long study and has backing from County Commissioners.
MENTIONED IN THIS ARTICLE
Guilford County
John Clinard
Clinard
Welfare Board
Welfare Department
Rains Fail To Dampen Furniture Mart Activity
Rains fail to dampen buyer interest as two trade association meetings draw attention. Georgia Travellers Association members gather at Emerywood Country Club with Ernest F Bentley of Bentley Brothers Furniture Co. of Augusta as speaker. The Southern Retail Furniture Association holds its annual dinner at the Sheraton Hotel with J Gordon Dakins of the National Retail Merchants Association addressing the topic Retailing and You in 1958.
MENTIONED IN THIS ARTICLE
Gordon Dakins
National Retail Merchants Association
Missile Funds Voted for New Nuclear and IRBM Forces
Congress approves funds for an operational ICBM squadron at Cooke AFB California and two overseas IRBM squadrons. Navy receives 350 million, 296 million for three Polaris submarines. No direct Army funding. 133.6 million to Air Force for Jupiter and 40 million shifted to accelerate LaCrosse Little John Pershing and Sergeant missiles.
MENTIONED IN THIS ARTICLE
Cooke Air Force Base
California
Navy
Army
Eisenhower
Air Force
Thieves Exchange Stolen Shirts After Purchase
In Holyoke Massachusetts two teenage thieves stole a dress shirt and two T shirts from a counter shortly after purchase by Mrs. Helen Long. The youths later returned the items and exchanged them for smaller sizes, police said.
MENTIONED IN THIS ARTICLE
Holyoken
Mass
Helen Long
Double Count Made Against Motorist
Police charged Lester Paul Hauser with drunken driving and prohibition violations after a night arrest. He posted $500 bond on the drunk driving count and $50 on the prohibition charge and is scheduled for Municipal Court on Feb. 7. Others arrested include Paul Ingram for larceny with $100 bond, Hilliard Henry for beating a board bill with $100 bond, and Joe M Kaney cited for an auto wreck and failing to report the incident with Jan. 31 court appearance.
MENTIONED IN THIS ARTICLE
Prospect Street
Lester Paul Hauser
Paul Ingram
Price Street
Robert Ingram
Hilliard Henry
S. Main Street
J. H. Fletcher
Henry
Joe M. Kaney
Route 1
Sophia
Consistory Reorganizes at First Evangelical and Reformed
The Consistory of First Evangel ical and Reformed Church met to reorganize for the year. Glenn Brown was re elected president with Robert Cross as vice president and Mrs Margaret Old ham secretary. Jack Brown assistant secretary Clifton Koontz treasurer and Freeman Hill assistant treasurer. Cress and Brown elected delegates to the spring synod to meet at Zion Church in Lenoir from April 29 to May 1. Over $33,000 was reported as received for the year. Committees were formed to push the new church building program.
MENTIONED IN THIS ARTICLE
First Evangelical and Reformed Church
Glenn Brown
Robert Cross
Margaret Oldham
Jack Brown
Clifton Koontz
Freeman Hill
Cress
Brown
Zion Church
Lenoir
Senator Kirkman Reports Chile Mission Aids Transport
U S Senator 0 A Kirkman spoke to the Exchange Club about his Klein Saks Mission trip to Chile He described stabilizing the economy with focus on transportation He noted Chile is years behind the U S but eager for know how Air travel is best there with road and rail inadequacies highlighted Thornton Charnock introduced him J C Roberts led the meeting James Hogue won the attendance prize.
MENTIONED IN THIS ARTICLE
0. A. Kirkman
Exchange Club
Chile
U. S
Klein- Saks
Kirkman
United States
Senator Kirkman
Thornton Charnock
J. C. Roberts
James Hogue
Also Mentioned on This Page
High Point F Enterprise
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western
Wfmy-Tv
Dayton Tires
Hughes Tire Service, Inc
WBTV
Charlotte
Bossas State
Eoumar
É Fisher
Channel
RCA Victor
Dumont
Admiral
North Main ST
Wsjs-Tv
Winston-Salem
Eddie Fisher
McGraw
H. C. Little
Lamb’s Heating CO
Main St
Wsoc-Tv
Bob
Wyatt Rarp
Esso Playhe
Poindexter
Channel 9
Meet McGraw
Bob Cummings
Pat Boone
Highway Patrol
Channel 4
Faith and Arte
Dow-Jones
Colored News
America
South Bend
The
Scotsman
Studebaker Packard
Lewis Motor Company, Inc
Wrenn Street
N. C
Furniture Mart
Zett
N. Main ST
Studebote Pockord Corporation
High Point Little Theatre
Angel Street
Siena
Rialto
Errol Flynn
Dodge City
Chicago
April Love
George Montgomery
Ota
Ats
AEN Ag
Attenborough
Midway Earway
Dynamite
Double Bill
Thrill Girls
Kolor Kartoon
Ang
Thomasville Road
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