War Fears Fail to Halt Steady Industrial Growth Trend
In New York July 1 the Pacific war scare unsettled markets but did not derail a persistent rise in basic industries. The week saw about 5.5 billion dollars in listed shares traded over five sessions, with 17,098,654 shares overall, the highest since May 13, 1940. Despite volatility and a notable stock decline, broader industry momentum and peacetime employment near record levels persisted amid political and tax news.
MENTIONED IN THIS ARTICLE
G. A. Phillips
New York
Wall Street
Hitler
Europe
Pacific
Congress
Far East
Detroit
Nation Sees Record Industrial Output And Rising Living Standards
The piece highlights booming production across autos, heavy machinery, consumer goods, and new industries. It notes record steel operations, high car output, rising paperboard, power generation peaks, and improved bank lending as the economy nears wartime readiness and celebrates sustained growth.
Upchurch Returns to His Beverage Post
C A Upchurch Jr publicity director for Senator Graham in the senatorial campaign resumes his post as chief of the State ABC Board Malt Beverage division. He notes the job was not filled and he fit back in quickly. Charles Satterwhite had served as acting director during his absence. Tests indicate that lambs receiving a vitamin C capsule at birth have better survival chances.
MENTIONED IN THIS ARTICLE
Raleigh
C. A. Upchurch, Jr
Frank Graham
ABC Board
Upchurch
Charles Satterwhite
Graham
Securities Quotations From Unofficial Daily Averages
Bid and asked prices compiled from NASD sources and others issued June 29 1950 show approximate ranges for numerous securities. Include Alart Sou Railroad Alabama Mills American Enka American Marietta Chase National Bank Cable Dairy Prod Col'n Stores Dixie Home Stores Drexel Furniture etc with bids and asks listed for common stock preferreds and bonds.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Acme al Alloys
Alart Sou Railroad
Alabama Mills
American Enka Corp
American Marietta Co
American Trust Co
Yn & Proc Co
Am Yn & Proc Co
Atlanta Gas Lt Co
Auto Finance Co
Auto Fin Co
Bank of Manhattan
Bassett Furn Ind
Black
Siralls & Bryson
Bausch & Lamb Co
Blue Bell, Inc
S.c
Rdgins Co
Shelby
Buffalo Belt Co
Butler’s, Inc
Cannon Mills
Carolina Min Tel Co
Caro Pow & Lt Co
Carolina Tel &Tel Co
Chad Hos Mills, Inc Com
Chad Hos Mills
S Chase Nat'l Bank
Cable Dairy Prod
Col’n Stores, Inc Com
Col’n
Col'n
Creamery
Pkg Mfg Co
Dan Riv Mills
Dixie Home Stores
Doug & Lomason
Drexel Furniture Co
DuMont Labs
Allen B
Dun & Bradstreet, Inc
Edison, Thomas A “B
Ero Mfg Co
Erwin Cotton Mills
Foremst Dairies, Inc Co
Foremst Dairies
Gamble Brothers
Garfinckel, Julius & Co
BOO Come
Vssccvercsee
Garfinckel, Julius & Co., Inc
Garlock Packing Co
Gordon Foods, Inc
Ivey, J. B. & Co
Jeff Ltd Life Ins Co
Monumental Life Ins Co
Moore Handley Hdw
Mooresville Mills
Solar Aircraft Pfd
Lou Webb Mills
Cops
Spindale Mills
S Stonecutter Mills
Strmbrg Carlsn Com
Strmbrg Carlsn
Wachovia Bnk & Trst Co
Warner & Swasey Co
West Point Mfg Co
Wilmam Law & Trst Co
Peninsular Tel Co
Peoples Savings Bank & Trust Co
Morganton Furniture Co
Munising Wood Prod Co
Nat'l City Bank
Nat'l Fire Ins Co
New Britain Machine Co
Newport Steel
N. C. Railroad Co
Occidental Life Ins Co
Ohio Water Service Co
Oswego Falls Corp
Piedmnt & Northrn RR
GRI
Piedmont Aviation
Pilot F F Mills
Potash Co of America
Pyramid Life Ins Co
Robertson
H H
Ceeses
Rose
Rulane Gas Co
Seaboard Fin
Security Nat'l Bank
Talon, Inc
Taylor Foods
Tenn Gas Trans
Texas Eastern Trans
Textiles, Inc Com
Textiles, Inc
Thiokol Corp
Tidewater Power Co
T's
Towmotor Corp
Trans Gas
Victor Products Corp
Western N. C. Memorial Hospital Assured
Asheville observers announced confirmation of the Memorial Hospital drive with the $375,000 goal surpassed by a wide margin. The victory rally came within hours of the midnight deadline to secure $1.6 million in federal and state funds for a 250 bed medical center on Beaucatcher mountain.
MENTIONED IN THIS ARTICLE
Asheville
North Carolina
Memorial Hospital
Beaucatcher Mountain
Pene
Crap Shooting Monkey Wins Sizable Pot in City Square
In Fall River Massachusetts an organ grinders monkey takes pennies from passers by. A man left a pile of coppers and a pair of dice in City Hall Square. The monkey rolled a seven and won the pot.
MENTIONED IN THIS ARTICLE
Fall River
Mass
City Hall Square
Bus Crash near Casablanca Kills Dozens in Fire
A bus and truck collision near Taza Morocco left at least 20 Arabs dead and 80 severely burned. The bus caught fire and trapped passengers, while the truck driver died at once. The exact number of victims could not be confirmed.
MENTIONED IN THIS ARTICLE
Casablanca
Morocco
Taza
French Morocco
Prices Rise Amid War Scare Stirring U S Markets
The Business Mirror reports rising prices in foodstuffs and raw materials this week may lift living costs and fuel inflation. Gains are concentrated in futures, with current spot markets slower, while inventories rise and production lines expand. Brannan urges ample supplies and potential wartime production boosts.
MENTIONED IN THIS ARTICLE
New York
Far East
Calcutta
India
Brazil
California
Rockies
Midwest
Associated Press
Dun & Bradstreet
Brannan
Garlic theft leads to annulment in Los Angeles court
Ada Whelan told the court her husband Martin F. Whelan stole 27 800 pounds of garlic before their December 4 marriage. He reportedly concealed a prior prison term. The couple's marriage was annulled.
MENTIONED IN THIS ARTICLE
Los Angeles
Ada Whelan
Martin F. Whelan
Redistricting Needed in North Carolina After 1950 Census
Preliminary census figures show North Carolina with a 1950 population around 4.053 million, likely keeping twelve House seats. Districts must be redrawn as large disparities exist, with the sixth district growing 25 percent and the fourth district at 11 percent, affecting per-district representation.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Congress
Greensboro Daily News
Harnett
National House of Representatives
T-county
Parades Marks Korea Aid Visit Before U S Embassy
Seventy five Koreans with a marching band paraded in Taipei before the U S Embassy, their vehicles bearing English and Korean inscriptions thanking the United States for aid. No speeches were made during the event.
MENTIONED IN THIS ARTICLE
Formosa
Taipei
U. S
Behind the News In Business Takes On Korean Crisis
The column argues the Korean crisis dominates U S markets and daily life, with war or peace hinging on Moscow. It criticizes State Department policy, warns of total war affecting business, urging caution, vigilance, and support for private property rights and wartime productive firms.
MENTIONED IN THIS ARTICLE
New York
Moscow
Greece
Turkey
Iran
Berlin
U. S
Tito
Balkan
al Capone
Stalin
State Department
Congress
Slayer Ta e Writing Fling at Prison Life
William Heirens the convicted slayer of Suzanne Degnan writes in prison while serving three life terms. The 21 year old inmate at Southern Illinois Penitentiary says he keeps diary notes and studies mathematics and engineering in his cell as he hopes for release and imagines becoming a mechanical engineer. Heirens has been moved through several pris ons including Stateville and Menard after an escape attempt.
MENTIONED IN THIS ARTICLE
Menard
Stateville
Joliet
Heirens
Also Mentioned on This Page
Onith
Zenith
Zenith Maor
Teletronix, Inc
N. Main ST
Lumbermens
Saturday Evening Post
Savin
Lumbermens Mutual Casualty Company
Chicago
Illinois
Western N. C. Memorial Hospital
Winis
NEA Newschart
President’s Council of Economic Advisers
National Industrial Conference Board
Business Mirror
By Sam Dawson
Southern Motor CO
Leslie Gould
Russia
Washington
Anti-Trust
Federal Trade Commission
Slayer
America
George Washington
United States Senate
Member
Federal Deposit Insurance Corporation
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!