Stocks Edge Higher Amid Mixed Trading In New York Markets
Trading in New York shows a cautious advance with gains in chemicals vessels and aircrafts while profits shrink in several blue chips. The Associated Press average climbs to 177.10 at noon as U.S. firms like American Tobacco and General Electric gain modestly and several heavyweights pull back.
MENTIONED IN THIS ARTICLE
New York
Chance Vought
Douglas
United Aircraft
Kennecott
Anaconda
U.S. Hoffman Machinery
U.S. Gypsum
Zenith
Allied Chemical
Associated Press
Bache & Company
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills Corp
the Corp
New York Central RR
Cone Mills Ce
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines A
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Jernal Tire & Rubber
International Harvester
International Tel. & Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western Rye
Phillips Petroleum Pat
Furniture Market in High Point Sees Steady Attendance Rise
Market officials report minimal complaints about parking as new rear facilities improve access. Attendance rose midweek due to stores closing early in multiple North Carolina cities, with buyers from nearby areas visiting to shop. Mild and unsettled weather forecasts may lift attendance, while retailers focus on inventory and capital in a cautious market. Southern manufacturers plan to show in High Point in spring and fall despite Chicago market events.
MENTIONED IN THIS ARTICLE
North Carolina
High Point
Chicago
Sylvania Foresees Portable TV Dominance Over Wood Cabinets
Sylvania official Pettegrew says demand shift from fine wood cabinet TV sets to portable and table models will continue. He notes 110 degree magnetic deflection tubes will drive future sales and that metal cabinets will predominate, making second sets popular for moving between rooms.
MENTIONED IN THIS ARTICLE
High Point
Pettegrew
Sylvania
Jury Gives Youth $5 For Haircut In Dallas Case
In Dallas an 18 year old, Robert Townson, received a three year suspended sentence and a $5 payment for a haircut. The jury foreman urged his lawyer to ensure the haircut was changed from an Elvis Presley style. The youth faced charges linked to a cement company.
MENTIONED IN THIS ARTICLE
Dallas
Robert Townson
Townson
Sixteen presumed dead in Nicaragua airliner crash
In Managua Nicaragua sixteen teens are presumed dead after a Nic araguan airliner crashed on Mount Concepcion all believed to be Nicaraguans.
MENTIONED IN THIS ARTICLE
Managua
Nicaragua
Mt. Concepcion
Dow Jones Averages Summary From Noon to Close
Dow Jones averages show mixed moves with the 30 industrials at around 480.80 to 479.93, the 20 rails near 150.91 to 150.17, the 15 utilities around 70.37 to 70.30, and the broader 65 stocks trading near 170.46 to 170.12 as volume transfers reach roughly 430,000 to 1,920,000.
MENTIONED IN THIS ARTICLE
Bache & A
Sp.m
Cotton futures rise as markets open higher in New York
Cotton futures opened five to fifteen cents higher. Listings show May and Oct quotes around 34.5, with other grains and chemicals mixed. Major stocks include Reynolds Tobacco, Procter & Gamble, U S Steel, Westinghouse, Sears, and Union Carbide among others.
MENTIONED IN THIS ARTICLE
New York
Close Open Mae
Keane Lees
Vsscosessevess
Gikaubataeety
Gibeeeneesbee
PMG
Raves Enenses
Enstastasis Soe Eee
May Sbkankeatars
Deemws Keneens
Pennsylvania Railway
Pepsi-Cola
Procter & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
Southern Railway
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
Mystery Veils Deaths in Unsolved Case of Sisters
Pathologists could not estimate the sisters Patricia and an unnamed sibling deaths date. Dr. Kearns called the murder case diabolically clever with undetectable poisons and no signs of sexual assault, external violence, or death by strangulation. Papers sent to a state toxicologist for analysis.
MENTIONED IN THIS ARTICLE
Tion
Coroner's Office
Jerry Kearns
St. Elizabeth's Hospital
Kearns
Edwin Hirsch
St. Luke’s Hospital
A. C. Webb
Walter J. R.camp
State Police
Patricia
Police Concede Credit In Bomber Capture Amid Disputed Rewards
Police say Detective Bertram Scott retrieved the Metesky letters from Consolidated Edison files but the department credits were given in good faith based on incomplete information. Charles Kennedy details timing of the reward and Metesky’s case while Metesky undergoes psychiatric evaluation at Bellevue Hospital to determine trial or commitment.
MENTIONED IN THIS ARTICLE
Bertram Scott
Consolidated Edison
Patrolmen’s Benevolent Assn
Kennedy
Connecticut
Waterbury
Metesky
Also Mentioned on This Page
Pittson
Youngstown
American Tobacco
Newport News Shipbuilding
Union Carbide
du Pont
Furniture
Meinhard & Company, Inc
Fourth Ave
Southern Rep
von D. Oehmig
Columbus
Dow-Jones
Wagner Tire Service
Ady
Studebaker-Packard
Pam
Sale
Beeth
WEEZ
Mananty
N. Main
W. Main
T’ Ville
CeCe
Adir
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