Stocks Drift With Mixed Halts On Midday Markets
Stock market activity eased after a choppy opening as leading issues fell from fractional to about a point. Detroit Steel declined on a report that a first quarter dividend action may be deferred. Youngstown Sheet dropped about a point while many others posted fractional losses. Sunshine Mining rose about a point, Boeing gained, and several majors like Du Pont Ford and Montgomery Ward held steady amid mixed quotes from Bache & Co and a list of prominent firms with varied fractional moves.
MENTIONED IN THIS ARTICLE
Pee
Detroit Steel
Youngstown Sheet
Bethlehem
International Harvester
Douglas Aircraft
American Cyanamid
Southern Railway
Paramount
Eastern Air Lines
Sunshine Mining
Boeing
du Pont, Ford
Montgomery Ward
Bache & Co
American Can Co
Allied Chemical & Dye
Adams-Millis Corp
American Tobacco Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central AR
Cone Mills Corp
Programs Tested For Gifted Students In Glendale
In Glendale California a Sputnik era pilot tests fast tracking gifted students. Twenty five high school seniors will take Glendale College freshman courses in math science English history or psychology starting February 3 before returning to Hoover and Glendale high schools for senior level work. If successful the program may expand to more students. The district describes the efforts as urgent to cultivate scientists and leaders. Advanced classes group capable learners in algebra science and English at junior and senior high levels to accelerate achievement.
MENTIONED IN THIS ARTICLE
Glendale
Calif
Glendale College
Hoover
James H. Williams
Williams
Democrats Attack the Policies of Eisenhower Budget War
Senate Democrats prepared to attack President Eisenhower s spending and monetary policies in a House Economic Committee hearing next week. Senator O Mahoney questioned how to pay interest on a proposed five billion dollar debt increase while cutting wealth producing projects. Senator Douglas urged steps to create a confident business climate, noting the Fed rate cut to 2 1 2 percent.
MENTIONED IN THIS ARTICLE
Washington
Senate Democrats
Eisenhower
Sen. O'Mahoney
D-Wye
Senate
House Economic Committee
O'Mahoney
Sen
Douglas
D-Ill
Federal Reserve System
Federal Reserve Board
Philadelphia Reserve Bank
Gaillard Wins Confidence Vote In French Assembly
In Paris the National Assembly backed Premier Felix Gaillard with a 343 to 224 confidence vote after two days of debate on foreign affairs. Christian Pineau urged arms with ballistic missiles, while France pressed for veto rights on any NATO base deployment. Gaillard claimed Algeria’s three year conflict is nearly resolved, and criticized Tunisian support for rebels.
MENTIONED IN THIS ARTICLE
Paris
National Assembly
Felix Gaillard
Christian Pineau
France
Pineau
U.S
NATO
Gaillard
Soviet Union
PTA Allocates Funds for Alfred J Griffin School Projects
In January the Alfred J Griffin School PTA approved funds for a 10 room addition shrubbery 150 dollars instrument purchases totaling 600 dollars Bible teaching and city schools program 25 dollars each N C Symphony concert for pupils 25 dollars Girl Scouts summer camp 60 dollars and a 100 dollar U S Stamp and Bonds Saving program for pupils. A Civil Defense program followed with a Pattern for Survival film and discussion.
MENTIONED IN THIS ARTICLE
Alfred J. Griffin
PTA
N. C. Symphony Orchestra
U. S
High Point
George Spinnett
Henry Talmadge Carter
PTA i
C. E. Yokely
Dow Jones Averages Reported By Bache Co
Financial markers show Industrials closing around 445.70 and Utilities at 71.06 with volume about 2.39 million shares. Prev noon and 1 p.m. readings noted, including Rail and Block group figures.
MENTIONED IN THIS ARTICLE
Bache & Co
Club Insurance Stocks Rise Noted by Local Authority
Howard Holderness president of Jefferson Life Insurance Co. spoke to Civitans Tuesday night on booming life insurance. He cited a sharp rise since 1940, with his firm matching national growth and doubling benefits in 17 years. In 1955 North Carolina held about seven billion dollars in force.
MENTIONED IN THIS ARTICLE
Civitans
Howard Holderness
Jefferson Life Insurance Co
Greensboro
North Carolina
Jefferson
Ed Halland
Wiley Beasley
Harold Golden
John Kitteridge
Robert Fountain
P. L. Smith
Harry Beck
Ben Witherington
Raeford Nor
Real Estate Transfers in High Point Township and Jamestown
A stream of Realty Transfers records numerous transfers in High Point Township and Jamestown Township. Listings include E E Younts Inc to James Burrell and wife on Radford Street Lot 20, James E Price to Thomas R Miller and wife through 61 and five lots in Mofftt Heights, and multiple exchanges involving properties on Baker Avenue Golfcrest and Ellwood Heights among others.
MENTIONED IN THIS ARTICLE
High Point Township
E. E. Younts Inc
James Burrell
Radford Street
J. C. Elliott
James E. Price
Thomas R. Miller
Moftt Heights
Dallas S. Ring
Bobby R. Laws
Lewis Motor Co. Inc
Jack C. Jones
Countrysides Drive
Meek McGill
P. Hunter Dalton Jr
J. C
J. Butler
Virgil J
C. Elliot
Vernon R. Fulp
Albert E. Lee Duncan
Golfcrest
D. S. Hedgecock
M. H. Simmons
Hayworth Springs
Kavanagh-Smith & Co
William L. Ketison
Ellwood Heights
Willem J. Kellson
Larkin Street
W. T. Kennedy
Jo Eg Hester
T. Y. Hamilton
Ellen Cecil
C. W. Kirkmane
Clinard Avenue
Jamestown
W. H. Sapp
Lloyd Lees
Dare
Falling Grate Sparks Fire at Fourth Street House
A grate fell from a fireplace at 307 Fourth St. causing slight fire damage yesterday. The small blaze scorched a floor section before firefighters arrived at 10 30 a m. Occupant Herman Spears was reported in the residence.
MENTIONED IN THIS ARTICLE
Fourth Street
Fourth St
Herman Spears
Venezuela Overthrows President Perez Jimenez After Riots
After New Year’s Day air force revolt and student protests, Perez Jimenez is forced from power amid a general strike and street clashes. Violence spreads as hospitals fill and property burns. younger officers join civilians in a final push against the regime.
MENTIONED IN THIS ARTICLE
Gener
State Department
Perez Jimenez
Laureano Vallenilla Sanz
Maracay
Pace
Fifteen Sent To Charlotte Via Draft
Fifteen local youths were sent to the Charlotte induction station as late registrants. The list includes David H. Sheppard and Roger Lee Tate among others. They will be inducted and assigned after pre induction physicals.
MENTIONED IN THIS ARTICLE
Charlotte
Ethel Kirkman
David H. Sheppard
Roger Lee Tate
Allen Gray Jr
Marvin Harold Stutts
James Henry Fowler
Jim Carlton Hall
John Buford Petty
Johnny Will Jackson
Henry Leon Jones
Samuel Edward Craughn
Donald Ray Green
Larry Rodgers
Penny
Everette Hampton Hacker Jr
Thomas Benton
Henry Lee Moffitt
Kirkman
Furniture ad clinic to aid retailers’ merchandising plans
The National Retail Furniture Association sponsors an advertising and sales promotion clinic here today and tomorrow to help retailers maintain profit margins this year. The clinic is led by John Lennon.
MENTIONED IN THIS ARTICLE
National Retail Furniture Association
John Lennon
Also Mentioned on This Page
Carolina Light & Power
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
Harvester
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western Rwy
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Proctor & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
Southern Ray
J. P.stevens Co
American Tel. & Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
U. S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Colored News
Griffin School
HPN and I Club
Hpn&i Club
L. E. McDonnell
G. E. Stanton
Leonard St
Dow-Jones
New York
Givatédadbees
Zett
N. Main
Yu Pooh
Goodyear
Steel
NUT OR Candy Server
Ares
Goodfyear Service Store
English Street
Mit