Stock market hits new 1957 highs amid mixed gains
New York stocks rose to fresh highs in mid afternoon trading led by rails and specialty stocks. Major chemicals and nonferrous shares mostly eased while Dow, Allied Chemical and American Cyanamid gained. Strong performers included Phelps Dodge, Anaconda and Kennecott on Wall Street support. several oils softened with Bethlehem Steel steady and US Steel holding firm.
MENTIONED IN THIS ARTICLE
New York
Allied Chemical
Dow
American
American Smelta
Wall Street
International Nickel
Phelps Dodge
Anaconda
Illinois Central
Santa Fe
Baltimore & Ohio
Getty
Chrysler
Studebaker-Packard
Ford
Bethlehem Steel
Steel
Sperry- Rand
Optimistic Furniture Market Signals Strong 1957 Outlook
The Optimistic Mart reports new lines in case goods and upholstered items like tufted backs in Early American sofas. White upholstery fabrics rise as manufacturers anticipate a fall upswing with no major price increases. James T. Ryan of the Southern Furniture Manufacturers Association says industry conditions are healthy with 1957 sales up and shipments rebounding after 1956.
MENTIONED IN THIS ARTICLE
Dallas Inc
High Point
James T. Ryan
Southern Furniture Manufacturers Association
Ryan
Ness
Deale
Heat wave deaths rise across Europe and Italy
Europe faces rising heat related fatalities with 130 deaths reported. Italy blamed for 38 heat deaths with Milan factories closing for four hours. Austria reports about 20 drownings or collapses while swimming. Vienna and Budapest suffer water shortages and heat related distress across several cities.
MENTIONED IN THIS ARTICLE
Venice
Italy
Milan
Austria
Vienna
Budapest
Merchants Push Fresh Stock in Ten Day Sale
Deale asserted the sale runs ten days ending July 1. He said there is a lot of good merchandise on the floors and emphasized that prices remain favorable during the event.
MENTIONED IN THIS ARTICLE
Deale
Martinue
Disarmament Talks Resume In London Strain Seen In Moscow Stance
London reports say Western diplomats expect no swift concessions from the USSR despite a Kremlin shakeup. Moscow radio warned Washington against assuming Soviet will concede, while a revised U S inspection proposal and talks on arms reductions, troop cuts, and a nuclear test pause remain on the agenda.
MENTIONED IN THIS ARTICLE
London
Kremlin
Moscow
U.S.R
U.S.S.R
Washington
Ussr
V. Molotov
Lazar M. Kaganoviche
Georgi Malenkov
Moscow Radio S ‘Ift
U.S.S
Bill changes predicted and urged clearer language
The speaker predicted action within a week and urged clarifying the bill’s text. He argued the bill conceals provisions and implications and faulted Sen Knowland and President Eisenhower for unclear aims in enacting voting rights legislation.
MENTIONED IN THIS ARTICLE
Sen. Knowland
Eisenhower
India to Offer Tax Breaks on Foreign Loans and Purchases
The Finance Ministry proposes income tax relief for foreign banks and firms that furnish favorable loan terms or buy capital goods for India. Banks and firms would not pay tax on interest India pays. The plan aims to foster long term loans and deferred payments for capital goods in India's second five year plan.
MENTIONED IN THIS ARTICLE
India
Finance Ministry
Man Held In Slaying Of Mother
Sheriff quotes Jimmy Chavis saying his younger brother slept in a car in the front yard during the Saturday night slaying of their mother and that the brother knew nothing of the crime. Chavis was in jail in Charlotte when police found the body.
MENTIONED IN THIS ARTICLE
Charlotte
Shiff
Jimmy Chavis
Chavis
Science Shrinks Piles New Way Without Surgery
A new healing substance Bio-Dyne shown to shrink hemorrhoids and relieve pain without surgery. Cases report thorough reduction and relief, with high confidence claims and a money back guarantee. Available as suppository or ointment named H under patent status.
MENTIONED IN THIS ARTICLE
New York, ™. C
Ince
Dozens Die In North Carolina Fourth of July Accidents
At least 19 people were killed in North Carolina during the Fourth of July holiday, many in traffic. Victims include Herbert E. Loftis, Norman R. Bunn, young Robert Eddie Bunn, Navy sailor James Lee Stewart, and others across Marion Roxboro Winston-Salem and more. An autowreck in Robeson County, a train crash near Albemarle Sound, and a fatal driveway accident in Kannapolis are among the reported cases.
MENTIONED IN THIS ARTICLE
Associated Press
North
Greensboro
Ann M. Barnes Morganweck
Baltimore
Lumberton
U.S
Ernest Leah McDuffie
St. Paul's
Rennett
Robeson County
Stanley Lee Sloan
Plymouth
Pitt County
Greenville
Rex Wendell Bollinger
James Thomas Faulton
Roanoke Rapids
Albemarle Sound
Norfolk Southern
W. M. Munden
R. Bray
Therron Jarrett
Southern Railway
Gibsonville
Mary Elizabeth Miller
Gene Miller
Kannapolis
Avoidable
Also Mentioned on This Page
Bache & Co
American Can Co
Allied Chemical & Dye
Adams-Millis Corp
American Tobacco Co
the Borden Co
Burlington Mills
Chrysler Corp
New York Central RR
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated
Republic Steel
Sears Roebuck
Southern Ry
J. P. Stevens Co
American Tel. & Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
Iw Co
Y Sheet & Tube
Close Diy
Fornishea Br Mache & Coe
Dow-Jones
Lines Ae
Europe
Worthington
Dillon
L. A. Dickens CO
Pee Gee
East Commerce Street
Winston-Salem
North Cherry St
Park
North Elm St
Gr. Fl
Broadway
Asheville
Concord
Durham
Gastonia
Raleigh
Salisbury
Wilmington
Santiago
Chile
Lucia Munoz
Duke Power Company
Duke
DU Power Company Shaws
S. Main ST
THE
Mighty Cc
Aratoga
Saratoga
N. Main Street
Davis-Pruett Motor Co., Inc
High Point, N. C
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