Stock market gains offset previous losses in early trading
In New York on Thursday January 29 1959 copper and steel issues led modest advances while lower priced stocks climbed. US Steel recouped part of its loss and Freeport Sulphur jumped over 3 points as Kennecott International Nickel and Anaconda gained. Government bonds rose.
MENTIONED IN THIS ARTICLE
New York
US. Steel
Freeport
Hupp
Gobel Brewing
Pacific Tin
Callahan Mining
U.S. Hoffman and Welbilt
Seiberling Rubber
Ahe
Kennecott
International Nickel
Anaconda
Phelps Dodge
American Smelting
U.S
Cotton 1 p.m. stock quotes from major firms list
Quotations compiled at 10:30 a.m. today show stocks for American Can American Tobacco Bethlehem Steel General Electric Gulf Oil General Motors IBM not listed. The list includes Ford Chrysler Dow Chemical Dow Jones components and banks with bid and ask spreads across industries.
MENTIONED IN THIS ARTICLE
Furnish Bache & Co
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Bethlehem Steel Burlington Mills
Chrysler Corp
Nw York Central RA ‘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
Goodyear Tire & Rubber
International Harvester International Tel,Standard of Co. Jones
Laughlin Steel ‘Johns Manville Loew
J. Sturgis & Company
Security Bank Big
American-Marietta
Billups Petroleum
Colonial Stores
Commonwealth Life
Drexel Furniture
Gulf Life Ins
Jefferson Standard
Piedmont Nat. Gas
N.C
Pyramid Life Ins
Security National Bank
Textile Ins. Co
United Ins. Co
Wachovia Bank Eee
Dow Jones Averages Report Across Markets
The Dow Jones averages and market data show activity with figures for Industrials, Rails, Utilities and Stocks. Volume metrics indicate trading with totals near 1.9 to 4.2 million shares across sessions and times.
MENTIONED IN THIS ARTICLE
Bache & Co
Iean
Eisenhower Seeks Narrower Farm Price Supports
President Eisenhower vice urged trimming farm price supports and warned against direct payments and multiple price schemes. He backed targeted reductions while allowing the Agriculture Department more latitude to set support levels and reduce federal outlays for surpluses. Ezra Taft Benson supplied program details on wheat tobacco and rice amid talks with Congress.
MENTIONED IN THIS ARTICLE
Eisenhower
Congress
Secretary of Agriculture
Ezra Taft Benson
Federal
Treasury
House Page Mixup Goes Unexplained
Washington AP reports James A. Johnson Jr., a 14 year old Black Chicagoan, arrived to become a House page but was told the job was filled. Key figures note no opening existed and confusion follows an appointment claimed by Rep. Barratt O'Hara, while Rep. Francis E. Walter denies racial favoritism.
MENTIONED IN THIS ARTICLE
Washington
James A. Johnson Jr
Chicago
House of Representatives
Barratt O'Hara
Ill
Francis E. Walter
House
Thomas J. O’brien
Capitol
Walter
O'Hara
Unemployment Pay Proposed for Ex Convicts in Missouri
Jefferson City editor Ed Carr of the Jefftown Journal argues in an editorial that 13 weeks of unemployment pay at 30 dollars a week for ex convicts could prevent return to crime. He notes many released prisoners have families whose welfare is cut off, creating pressure to reoffend.
MENTIONED IN THIS ARTICLE
Jefferson City
Ed Carr
Jefftown
Missouri
Carr
Also Mentioned on This Page
Dow-Jones
Ike
Underwood
Rome
Hamilton St
High Point
N. C. Tel
Mann
Ase
North Main
Alva
Etsy Ms
Ene
Cordovan
Arras Accree Lly
Aes
BUICK
Pontiac
Cnter
Ial
Atc. SS
Ford
Royale Sterling Fibre
N. Main St
W. Main St
Thomasville
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