Irregular New York Stock Market With Mixed Results
The New York market moved irregularly with gains and losses of up to 2 points. Volume neared two million shares with Chrysler under selling pressure and Studebaker dropping 4 percent on an opening block of 4,000 shares. higher issues included New York Central and General Electric.
MENTIONED IN THIS ARTICLE
New York
Motors
Chrysler
Studebaker
New York Central
Northern Pacific
Fairchild Engine
General Electric
U. S. Steel
Admiral Corporation
Alleghany Corporation
Allied Chemical & Dye Sessse
Allis Chalmers Mfg
American Can
American Car & Fdy
Atlantic Refinery
Avco Manufacturing
Seuss
Baltimore & Ono
Bendix Aviation
Bethlehem
Canada
Canadian Pacific
Carolina Power & Lt
Cescees
Celanese Corp
Ceeseresesecs
Chesapeake & Ohio
Covesseses
Chrysler Corporation
Coca Cola
Spdaccésae
Nestesaanare
Columbia Gas & Elec
Consolidated Edison
Continental Can
Continental Motor
Continental Oil
Curtis Wright
Delaware Lack & West
Douglas Aircraft Sesseees
Dow Chemical
Dupont de Nemour
Firestone Rubber
Freeport Sulphur
General Foods
General Motors
Glidden Paint
Goodrich Rubber
Goodyear Rubber
Great Northern Ry PE
Hudson Motor
Illinois Central
Int Nickel Can
Int Tel & Tel
Ohio Oil Company
Eersereeee Pacific Gas & Ele
Seessseees
Packard Motor
Esacesseceeees
Penney J. C. Co
Pennsylvania RR
Pepsi Cola
Phileco Corporation
Ssessseee
Phillips Petroleum
Ssseesesss
Pittsburgh Plil
Standard Oil
N. J
Ccccccceese TT Stevens, J. P. Co
Studebaker Corp
Covecececeee
Texas Company
Ccvccceseee
Tex Gulf Products
Sscoscees
Wife Of Cowboy TV Star Killed
Los Angeles reports Ruth O'Dell 33, wife of actor Dave O'Dell, died on arrival after a head on collision. Dave O'Dell hospitalized with serious injuries. Other driver John Ritchie 27 suffered minor cuts and was not hospitalized.
MENTIONED IN THIS ARTICLE
Los Angeles
Dave O'Dell
Ruth O'Dell
John Ritchie
Winter Storm Pounds Utah Snarls Highways
A strong winter storm dumped up to 16 inches of wet snow in one area of Utah, closing two major north of Salt Lake City highways and creating slick dangerous roads elsewhere.
MENTIONED IN THIS ARTICLE
Salt Lake City
Utah
Dental Technician Shoots Soldier Near Minden Louisiana
LeRoy Wayne Robertson of Sandy Springs Georgia killed George J. Meredith a Rockport Indiana soldier after a dispute five miles east of Minden Louisiana. Robertson and three companions were arrested at a roadblock as the FBI joined the case.
MENTIONED IN THIS ARTICLE
Coushatta
Kirwin Brown
Brown
LeRoy Wayne Robertson
Sandy Springs
Robertson
George J. Meredith
Rockport
Ind
Louisiana
FBI
Ferris
Tex
Maureen Young
Leo
McDonald
Seattle
Wash
Louis Padgett
Minden
Meredith
Los Angeles
Robert
Hittingon
Texas
Baton Rouge
Bettoan
Dogwood Planting Week Proclaimed in North Carolina
Gov Umstead designates Dogwood Planting Week in NC and urges Tar Heel citizens to support the project. He praises the Garden Club of North Carolina for leading the pro planting initiative and zeal in dogwood plantings.
MENTIONED IN THIS ARTICLE
Umstead
North Carolina
Tar Heel
Garden Club of
Trial of Gaston officers opens in Charlotte court
Gaston County Sheriff Hoyle Efird and Deputy Walter Cannon face civil rights charges in U S Western District Court. They are accused of seizing Obediah Allen at his River Bend Township home, forcing him to Lester Lineberger’s home, beating him with fists kicks and a gun. However the filing notes only the opening of the case and the indictment from September 22.
MENTIONED IN THIS ARTICLE
Charlotte (P
Gaston County
U. S. Western District Court
Hoyle Efird
Walter Cannon
Obediah Allen
River Bend Township
Allen
Lester Lineberger
River Bend
Port survey on inland ports to be discussed in North Carolina meeting
Washington and Axson Smith of Belhaven lead the North Carolina Penia Marine Council as it reviews a sponsored inland ports survey authorized by the 1953 General Assembly. Officers will be elected, progress reports heard, and a proposed constitution and by laws considered.
MENTIONED IN THIS ARTICLE
Washington
North Carolina
North Carolina Penia Marine Council
James A. Hackney
Axson Smith
Belhaven
State Farm Mutual
Legion officers defer life recommendations to Asheville meeting
Durham reporters note the American Legion postpones state and national life recommendations until the Asheville convention in May after a three day post officers conference ends with 150 in attendance instead of the expected 800 due to bad weather.
MENTIONED IN THIS ARTICLE
Durham
American Legion
Asheville
Raleigh Forester Elected Appalachian Society Leader
P A Griffiths of Raleigh assistant state forester was elected chairman of the Appalachian Section of the Society of American Foresters at its two day convention. Other officers named include John L Gray as vice chairman R J Bartholomew of Portsmouth secretary treasurer and E C Pickens of Columbia executive committeeman.
MENTIONED IN THIS ARTICLE
Raleigh
P. A. Griffiths Fof
Appalachian
Society of American Foresters
John L. Gray
Extension Forester
North Carolina State College
R. J. Bartholomew
Portsmouth
E. C. Pickens
Columbia S. C
Weather figures for tonight and tomorrow
The forecast shows a low of 38 tonight and a high of 53 tomorrow. Today’s high reached 50 with a 28 degree low last night. Sunset is 5 39 PM and sunrise tomorrow at 7 25 AM.
MENTIONED IN THIS ARTICLE
Charlotte
Weather Bureau
Atlanta
Asheville
Detroit
High Point
Rock
Miami
Mobile
New Orlean
New York
Raleigh
San San Francisco
Ntonio
Sete Ene
Teevees
Washington
Wilmington
Housing Law Revision Proposed by Eisenhower
President Eisenhower urged a broad housing program with federal loan funds up to 700 million dollars and grants up to 250 million to revitalize slums and aging neighborhoods. He backed FHA upgrades to assist homeowners, expansion of mortgage insurance, and reform of housing agencies toward private control, with a four year plan to build 140000 public housing units. The plan aims to reduce slums amid a projected U.S. population of 190 million in about 25 years.
MENTIONED IN THIS ARTICLE
Eisenhower
Federal Housing Administration
FHA
Federal National Mortgage Assn
Wro
Housing Advisory Committee
Albert M. Cole
Housing and Home Finance Agency
Committee
Cole
Congress
Liesahower
Jacoby on Bridge Bid and Play Do Not Always Align
The analysis discusses a bridge hand where South-South passes lead to a six no trump contract after a sequence including a preemptive style opening and a final pass. The opening lead is the ten, and the play results in judgments about bidding choices and plan.
Precision and risk crown a no trump slam attempt
Oswald Jacoby notes a North South pair bid a slam in no trump with 34 or 35 points then face a spade lead and a tough club finesse. South must test hearts and spades and end play risks as clubs threaten the contract before the final cards fall.
MENTIONED IN THIS ARTICLE
Oswald Jacoby
NEA
South
North
West
East
Declarer
Snow Sculpture Contest Draws Clear Entries and Prizes
Local snow sculptors used tools and frames to shape figures as judges awarded adults, youths, and children. First place created a large rectangular block carved into a life like statue. second went to David W. Adams for Outdoorsman. third to Norman Hekler for Self Portrait. Honorable mention to Pat Griffin and Georgia Frost. Youth winners included Christ With Lamb and Woman in Rain. Children produced a scarecrow snowman and a cowboy duo.
MENTIONED IN THIS ARTICLE
Stronach
David W. Adams
Greenway Dr
Norman Hekler
E. Farriss Ave
Pat Griffin
Georgia Frost
Grace St
Jimmy Polk
Mitchell Ave
Christ With
Lamb
Maggie McGill
Daniel Brooks Apts
Dick Hollifield
Janice Corrin
Tommy Ozment
State Trooper
Prince Marsh
Karen Farr
Westwood Ave
Suzzie Yarborough
Centennial Ave
Democrats Debate Tax Relief Shift From Corporations
House Democrats consider altering a broad tax revision by removing dividend and business depreciation cuts and boosting personal exemptions. They warn the plan would cut revenue by about 2% billion in year one, while Republicans tout it as essential tax reform to spur investment and jobs.
MENTIONED IN THIS ARTICLE
Washington
House
Eisenhower
Ways and Means
Rep
Eberharter
D-Pa
Democratic Committee
Anberharter
Secretary of the Treasury
Humphrey
NBC
Ways and Means Committee
Skelton Injures Hand Shoving Through Glass Door
Hollywood CBS-TV spokesman says comedian Red Skelton slipped at his home Friday night and shoved his right arm through a shower room glass door. The injury required 30 stitches and he is expected for television rehearsal today.
MENTIONED IN THIS ARTICLE
Hollywood
Red Skelton
Cbs-Tv
Skelton
Russia recalls envoy to Italy replacing Kostilev with Boggomolov
Rome reports that Russia has recalled ambassador Mikhail Kostilev, said to be linked to Beria, and will replace him with Alexander Boggomolov, the former envoy to Czechoslovakia, per official sources.
MENTIONED IN THIS ARTICLE
Rome
Russia
Mikhail Kostilev
Joseph Stalin
Lavrenty P. Beria
Italy
Kostilev
Alexander Boggomolov
Czechoslovakia
Cautious Optimism Over Furniture Market
New York reports a cautious upswing in furniture demand as winter markets in Chicago New York and High Point boost buyers of medium to high priced goods. Dealers cite stronger January sales, with upper mid to high end suites selling well and inventories in line, though prices largely hold steady with slight increases possible in costly lines.
MENTIONED IN THIS ARTICLE
New York
Chicago
High Point
N. C
Fred Lowenthal
Sieling Furniture Co
Railroad
Lowenthal
O. H. Hewitt
New Jersey
Dagstrom Inc
Olean
N. Y
Hewitt
J. R. Philpott
United Furniture Corp
Lexington
Philpott
Wharies Zaiden
Krebs-Stengel
Roy Culler Jr
National Upholstery Co
Y Point
Army Aims to Decide Dickenson Case at Hospital
Dickenson described as sick man, held at hospital as Army weighs whether to try him. Army said he declined interviews. Separate note: Col Schwable from Arlington, Va., who signed a false germ warfare confession, repudiated it after release as board considers disciplinary action.
MENTIONED IN THIS ARTICLE
Army
Sprawl Dickenson
Dickenson
Marine Corps
Ank H. Schwable
Arlington
Col. Schwable
Kroehler Seeks Bids for Furniture Plant Addition
Kroehler Manual Co. asks for bids Tuesday on a proposed 15,000 square foot addition to its Monroe Road furniture plant in Charlotte. The plans include a main floor with a basement option of equal size, estimated at about 200000 dollars. Construction would be at the rear of the existing building, matching its modern design, and the new space would be used for manufacturing.
MENTIONED IN THIS ARTICLE
Charlotte
Beaty Sentenced To Two Years Fined $20,000
Keith M. Beaty, a Charlotte taxicab company operator, was sentenced to two years in prison and fined $20,000 after conviction on three counts of income tax evasion for 1945 to 1947. The jury recommended considering Beaty's health in sentencing after a requested physical examination.
MENTIONED IN THIS ARTICLE
Beaty
Charlotte
Keith M. Beaty
Charlotte Taxicab
Wilson Warlick
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Civil Rights Trial
United States
Jacoby
Akié
Val
St.Joseph Aspirin
Gilbert E. Marsh
Vine Street
C. R. Shook
Montlieu Ave
Kroehler
TOS P.M
Bruce Carraway Office
Room
W. Washington St
Royal Arch Masons High Point
RAM
Man
L. F. Honeycutt
Nesbit Caughman
America
BLM Et Saa
Greensboro
Jamestown
Indianapolis
Powerflite
N. Main ST
Davis-Pruett Motor Co., Inc