Market Gains Extend as Dow Steady Energy Lifts Shares
Wall Street advanced led by aircrafts and defense plays after Senate approval of a defense bill. DuPont, Kennecott, United, and American Cyanamid posted solid gains while the Associated Press average rose to 184.80 as bonds steadied and optimism about a no war boom persisted.
MENTIONED IN THIS ARTICLE
New York
Poeee Souter
Helief
Senate
House
Wall Street
Dun & Bradstreet
du Pont
Kennecott
Caterpillar
Northrop
United
American Cyanamid
Allied Chemical
Goodyear
Johns Manville
Republic Steel
Jones & Laughlin
Chrysler
U.S. Rubber
Anaconda
Phelps Dodge
American Nickel Smelting
International
Westinghouse Electric
Associated Press
Rails
Bache & Co
American Can Co
Allied Chemical & Dye
Adams-Millis Corp
American Tobacco Co
the Borden
Civitan Club Hears Pastor Speak on Church Reserve
The Civitan Club heard a pastor discuss a growing need for men of integrity to consecrate themselves to the church. He urged that the church, industry, and government require an active and alert reserve of manpower.
MENTIONED IN THIS ARTICLE
High Point Civitan Club
Cajuns Paid With Lives Amid Lake Charles Flooded Destruction
Deputy Sheriff reports Lake Charles residents stayed as the storm raged. Thousands feared dead as Cameron and surrounding areas lay in ruins with vast flooding and a federal disaster declaration. Survivors recalled losses, doctors worked through the chaos, and officials warned of further danger.
MENTIONED IN THIS ARTICLE
D. P. Vincent
Lake Charles
New Orleans
Raymond Barber
Cameron
Norman McCell
Cecil W. Clark
Eisenhower
David G. Connor
Boycott By Negroes Supported In Tuskegee
In Tuskegee Alabama leaders of the Montgomery bus boycott express support for denying trade to white merchants in response to a voting rights act. A mass meeting heard Charles G Gomillion say an organized boycott is not in progress while Justice and civil rights leaders including Martin Luther King Jr and Ralph D Snathy urged informed action without coercion.
MENTIONED IN THIS ARTICLE
Tuskegee
Ala
Montgomery
Martin Luther King Jr
Ralph D. Snathy
King
Stel Tie
Bonds Dig In For Holding Action
By SAM DAWSON New York Those conspicuous victims of tight money and fear of more inflation federal corporate and municipal bonds seem today to be digging in for at least a holding action. Prices of older bonds have fallen this year as rates on new issues rise and underwriters struggle to move them. Even the U S Treasury avoids long term bonds and stays with short and medium maturities. This week and last bond dealers saw signs of a halt to the downward price trend and yields that may have peaked for the moment. Inflation fears drive investors from fixed income to stocks, but high yields could attract buyers as the inflation risk eases and Washington money managers push to curb inflation.
MENTIONED IN THIS ARTICLE
New York
Treasury
Bind Mart
Washington
False Teeth Relief Advert Says Secure Fit
An old advertisement touts a powder that claims to stabilize dentures with no taste or gooey feeling. It promotes faster, firmer teeth without wobble and reassures wearers against slipping and discomfort.
Ervin Not Opposed To Republican Judge
North Carolina Senator Sam J. Ervin Jr. says he opposes blocking a Republican judge’s confirmation to the federal or District Court. Senator W Kerr Scott willwait to learn the nominee before acting. The GOP side reports Kyle Hayes won the party vote over Edwin M. Stanley, with Stanley supporters appealing to the president.
MENTIONED IN THIS ARTICLE
Ervin
Winston-Salem
North Carolina
Sam J. Ervin Jr
W. Kerr Scott
William Whitley
John D. Larkins
Trenton
Senate
Republican Executive Committee
Kyle Hayes
Wilkesboro
Edwin M. Stanley
Greensboro
Stanley
Eisenhower
Herbert Brownell
Fourth of July skyrocket targets space travel and weather
A 24 foot Aerobee Hi rocket launched from Ft Churchill aims to shed light on high altitude air, the ionosphere and radio science. It forms part of a vast 400 rocket U S led international effort to study the earth’s upper atmosphere and its weather implications.
MENTIONED IN THIS ARTICLE
Alton L. Blakesler
Science
New York
Ft. Churchill
Canada
NGY
United States
Russia
Britain
Japan
France
Australia
Peter H. Wyckoff
Anderson Huddles With SBI Agents
Raleigh director Walter F. Anderson convened 24 SBI field agents for his first staff meeting since resuming command. He was appointed last week by Attorney General George B. Patton to replace James W. Powell who was fired after resisting resignation amid internal disputes. Powell had a 14 year SBI career and helped found the agency.
MENTIONED IN THIS ARTICLE
Raleigh
Walter F. Anderson
State Bureau of Ution
Anderson
Atty
George B. Patton
James W. Powell
SBI
Powell
Patton
Landlord Kills Young Airman in Kansas City Home
Leonard Meadors, 23, was shot three times by Walter H. O Grady, 75, the landlord, after a dispute over missing items from a Kansas City apartment. Meadors and fellow airman Homer Gillham, 23, had just moved a refrigerator out when the shooting occurred. O Grady later ate dinner at the table before being arrested.
MENTIONED IN THIS ARTICLE
Kansas City
Bonnie Meadors
Leonard
Walter H. O’grady
O'Grady
Meadors
Gillham
Regular Overhauls Sought After Mileage Milestones
The article argues for routine engine overhauls after set mileage: locomotives every 60 000 miles, trucks every 20 000 miles, aircraft every 30 000 miles. It emphasizes maintenance to ensure reliability and safety.
Also Mentioned on This Page
Civitan Club
Dow-Jones
Tneon
Bonds
By Sam Dawson
Tang
High Point Enterprise
N. Main ST
RED Cross
Kraft American Sliced Cheese 2
Bologna
Libby
Dole
Horsey
Clorox
Guilford County
Board of Commissioners
We Health
Seneecy & T
Scieneee
High Point
Allen Jay
Guilford
Jamestown
Alamance
Battleground
Guil Rand
McLeansville
Oak Ridge
Pinecroft-Sedgefield
Pleasant Garden
Stokesdale
Hugh L. Ross
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