Plastic credit cards spread in car service and hotels
Car owners increasingly use embossed plastic cards at service stations cutting credit processing time. Oil firms Esso Texaco Socony Mobil and Continental consolidate accounts into fewer centers with vast annual invoices. Hotels and card makers push adoption while losses remain under 1 percent as issuers report rapid card rollouts.
MENTIONED IN THIS ARTICLE
New York
American Hotel Assn
Esso
Texaco
Socony
Continental
Socony Mobil
Esso Standard
Farrington Manufacturing Co
Needham Heights
Mass
Atlantic Refining
California Standard
Humble
Phillips
Shamrock
Shell
Tidewater
Addressograph Multigraph
Cleveland
Cities Service
Indiana Standard
Sohio
Ohio Oil
Richfield
Winter Storm Dampens Nation From Dakotas to New England
Snow and rain prolonged a dismal winter across a large part of the country. The Northeastern plains and Great Lakes region faced heavy flakes, while the southern edge of the Ohio Valley saw mixed precipitation. East of the snow belt, rain and drizzle dominated with higher elevations in New England receiving snow.
MENTIONED IN THIS ARTICLE
Dakotas
Mississippi Valley
Great Lakes
Ohio Valley
Ohio Vally
New England
New York Central Shares Slip Amid Market Activity
The stock market opened mixed after the death of Board Chairman Robert R. Young. New York Central opened late and traded near its prior close after initial block sales, with airlines gaining on CAB fare news and rails showing a slight uptick. The Associated Press index stood at noon, down, with several major securities listed and traded in active but uneven fashion.
MENTIONED IN THIS ARTICLE
NEW York
New York Central
Robert R. Young
Stock Exchange
Alleghany Corp
Young
Associated Press
Bache & Co
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central AR
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors Mi Goodyear Tire & Rubber
International 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 Rwy
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
Close Open F. W. Woolworth Co
Bescctenenee
Sndeceveneves
Ceccesetouee
Dsoentiesers
Sevbeseen
Cotton futures slip as New York opens lower
New York cotton futures opened thirty cents to one dollar fifty cents per bale lower, signaling a weaker start for the market. The move reflects broad commodity selling and pressure on agricultural prices.
MENTIONED IN THIS ARTICLE
New York
Dow Jones Averages Reported For The Day
The Dow Jones averages show figures for 65 stocks with indices near 159 points. Trading volume reached about 820000 to 2983000 shares across different listings.
Forecast for the Carolinas and Georgia
Regional forecast notes light snow flurries in the mountains and mainly cloudy to partly sunny skies. Temperatures range from the 40s in mountains to 50s in the east with lows near 30. Showers are possible late Tuesday into Friday with temperatures generally near normal to slightly below.
MENTIONED IN THIS ARTICLE
North Carolina
Georgia
South Carolina
Piedmont
Coastal
Weather forecast for New England and central U S
Light rain or drizzle expected in New England tonight with snow flurries likely in New York Michigan and central Pennsylvania. Showers in eastern Texas western Louisiana and southern Arkansas. Rain for northern Texas southern Kansas eastern Oklahoma western Missouri and western Washington and Oregon. Cooler in the northeast and western third of the nation.
MENTIONED IN THIS ARTICLE
New England
New York
Michigan
Pennsylvania
Texas
Louisiana
Arkansas
Kansas
Oklahoma
Missouri
Washington
Oregon
C S Morris Buried in Salisbury After Two-Week Illness
Claude S Morris 89 former Salisbury Cotton Mills president and Cone Mills director died at home after a two week illness. Funeral at St Luke s Episcopal Church with Rev I Hardin Hughes officiating burial at Chestnut Hill Cemetery. Survivors include widow Emma Speight two sons Stedman Morris and Lewis Morris two brothers a sister and six grandchildren
MENTIONED IN THIS ARTICLE
Salisbury
N.C
Claude S. Morris
Salisbury Cotton Mills
Cone Mills Corp
Troy
Salisbury Mill
Cone Mills
Cone
Bridge Play Opens Regional Tournament in Winston-Salem
The Central Carolina Bridge Association hosts a four day Mid Atlantic Spring regional in Winston-Salem starting Thursday. Eastern players compete for red points with hundreds expected and three National American Contract Bridge League directors overseeing. Events include men’s and women’s pairs, mixed pairs, open pairs, consolation, and teams of four.
MENTIONED IN THIS ARTICLE
Winston-Salem
Central Carolina
Arthur M. Dye
Charlotte
William H. Holderness
Greensboro
R. L. Miles Jr
Norfolk, Va
Lacke Lentz
Raleigh
John W. Norwood Jr
Greenville
S.C
E. Gordon Singletary
H. Frank Owens
Kinston
Winston Boys Launch Homemade Rocket Named Scorpion
In Winston-Salem Tommy Thompson 16 and four helpers launched a home made rocket nicknamed Scorpion from an open field. The device built from plywood and bicycle braces rose about 400 feet, shed three fins and the nose cone, and buried its body two inches underground upon landing after being fired by a wire from a car battery.
MENTIONED IN THIS ARTICLE
Winston-Salem
Feent
Tommy Thompson
Thompson
Jerry Wilson
Tommy Jacobs
Michael Stafford
Averette Overby
Soil Bank Signups Halted in North Carolina
North Carolina ASC has halted tobacco soil bank signups after reaching about 1.5 million dollars of the 8 million allotted. Administrative officer Horace D. Godfrey said county allocations must be determined before new agreements are signed, with farmers lined up in order of listing. The halt follows similar moves in cotton and commercial corn soil bank signups.
MENTIONED IN THIS ARTICLE
Raleigh
State Agriculture Stabilization Corp
ASC
Soil Bank
Horace D. Godfrey
North Carolina
Godfrey
Education Aid Plan Seen as Temporary Federal Role
President Eisenhower frames a 225 million education budget for the year starting July 1 as a temporary program. Of the total 145 million targets Health Education and Welfare, about 80 million goes to the National Science Foundation. The plan seeks matched grants to states for testing early ability, counseling services, and scholarships for financially needy graduates, plus federal funds matched by states to bolster science and math teaching and equipment.
MENTIONED IN THIS ARTICLE
National Science Foundation
Health, Education and Welfare Department
Eisenhower
Three Year Old Shot Family Members In Durham Incident
In Durham a 5 year old girl accidentally shot her younger siblings while playing with a pistol found in a yard. Two-year-old Stephen Michael Watson was wounded in the upper lip and Pamela Jo Watson, 3, in the leg. Both were hospitalized with the weapon identified as a .22 caliber pistol found behind a Wake County house.
MENTIONED IN THIS ARTICLE
Durham
Stephen Michael Watson
Pamela Jo Watson
Pamela Jo
Little Stephen
Jimmy Ingold
Vanessa Watson
J. A. Wimberly
Wake County
Ingold
Marrakesh Bans Snake Charming Under New City Ordinance
A city ordinance in Marrakesh Morocco prohibits the traditional practice of snake charming. The measure aims to regulate street performances and protect public safety and animal welfare.
MENTIONED IN THIS ARTICLE
Marrakesh
Morocco
Five College Teachers Award Grants and Fellowships
Five college teachers receive grants including graduate fellowships to encourage students to pursue teaching careers. Federal matching grants are provided to higher education institutions to expand graduate school capacity.
FBI reports over a million cars stolen in five year period
The FBI notes that more than one million automobiles were stolen across a five year period. The statistic highlights ongoing vehicle crime concerns and regional variations in theft patterns.
MENTIONED IN THIS ARTICLE
FBI
Exclusive Swimming Pool Franchise Opportunity In Winston-Salem
Exclusive pool franchise offers sales and installation of concrete vina tile pools. 12 by 27 foot tiled units advertised nationally at 1295 installed with no money down and five year terms. Early buyers could earn 30000 to 35000 first year at the Robert E Lee Hotel Winston Salem on Tuesday January 28.
MENTIONED IN THIS ARTICLE
America
W. LL Moore
Robert E. Lee Hotel
Winston-Salem
Also Mentioned on This Page
Business Mirror
THE
Dow-Jones
Weather Bureau
Asheville
Atlanta
Augusta
Birmingham
Boston
Charleston
Chicago
Columbia
Denver
Detroit
Evansville
Galveston
High Point
Jacksonville
Little Rock
Los Angeles
Memphis
Meridian
Miami
Mobile
Etter
Myrtle Beach
New Orleans
San Antonio
San Francisco
Tampa
Wilmington
Tion
Dept. of Commerce
U.S. Weather Bureau
C. S. Morris
Winston
Rocket
Blue Cross
Telephone
N, C
Greenwich Hotel
W. Washington St
Ss Oans
East Commerce Street
North Cherry St
Park
North Elm St
Gr. FI
Broadway
Concord
Gastonia
Noy
Piedmont Natural Gas Company
S. Main ST
TEL
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