Moderate stock advance led by aircraft steels and tobaccos
The New York market edged higher at noon with the AP 60 stock average up .50 to 247.50, aided by gains in aircrafts, steels and tobacco equities. Boeing and Douglas Aircraft posted notable increases as investment demand lifted names like American Tobacco, Reynolds Tobacco and DuPont. Dow Jones stood at 694.74, while a few stocks or bonds softened amid quiet corporate trading.
MENTIONED IN THIS ARTICLE
NEW York
Associated Press
Boeing
Douglas Aircraft
United Aircraft
Lockheed
North American Aviation
American Tobacco
Renolds Tobacco
Schering
Unit- Reynolds Tobacco
United Fruit
Woolworth
DuPont
Phelps Dodge
Dow Jones
Seaess
Atl Coast Line
Atl Refining
Vcesiovadise
Boeng Aly
Ceseies
Borg Warner
Idw Veces Bus
Burroughs Corp
Cannon Mills
COS
Svexeneses
Champion P&f
cCelanese Corp
Ches & Ohio
Columbia Gee
Acecanoe
CN Ueeo Ssavauks
Dan River Mills
Douglas Airc
Chem
DuPont den
Eesia
Eastman Rod
Firestone
Ford Motor
Dow Jones Averages At Noon From Bache & Co
The Dow Jones averages close at noon show the industrial index around 694.74 with mixed changes, utilities near 114.24 and 65 stocks trading, while overall market volume runs high across multiple listings. Investors monitor brief shifts in industrials and utilities as trading continues.
MENTIONED IN THIS ARTICLE
Bache & Co
Soviet air show displays new jet and rotorcraft options
Western observers said the Soviet display showed advanced aircraft beyond missiles with rear engine bombers and air to surface missiles. The show featured a screw wing plane with dual wing rotors, a three tail jet helicopter, a giant helicopter carrying 180 men, and 15 helicopters each with a parachute display. Air Marshal Vershinin hailed Soviet jets for speed altitude and range.
MENTIONED IN THIS ARTICLE
U.S
Melvin Neilsen
United States
Konstantin Vershinin
Aviation Day
Pravda
Upswing Seen in Upholstered Furniture Market
A furniture spokesman reports a good Chicago market last month and expects a similar upswing regionally. Prices for summer are unchanged though manufacturers hint at 3 to 5 percent increases in the fall. Retail inventories in the Southeast are low, with crops expected to improve retailer buying.
MENTIONED IN THIS ARTICLE
Chicago
Case Goods
Axis Sally and the German Broadcast Affair
Nina Kinsella describes Axis Sally as a cooperative prisoner while she faced trial for betraying the United States. The article recounts her Broadway dreams, travels, and romance with Max Otto Koischowit, a German official she claimed directed radio scripts. Prison officials say she now aims to teach music in a convent.
MENTIONED IN THIS ARTICLE
New York
Greenwich Village
North Africa
Italy
France
Hungary
Germany
Hitler
Dresen
German Foreign Service
Hunter College
New York City
Gillans
Max Otto Koischowit
United States
Rhineland
Nina Kinsella
Sally
Growth and Speculation in Stock Investing Today
A private investor guidance column compares growth and speculation in stocks, noting both contain speculative elements. It cites industry frontiers for growth stocks and warns market overvaluation can depress returns, offering cautious strategies and a request for reader mail.
MENTIONED IN THIS ARTICLE
Ignace Paderewski
Enrico Caruso
Fritz Kreisler
U S Officials Cite Bomber Strength For 1960s
Deputy Secretary Gilpatric says Moscow air show confirms U S belief in the bomber as essential. He outlines a 700 B52 force with Hound Dog and Sky Bolt missiles to ensure adequate bomber strength through the 1960s and notes Kennedy’s reappraisal could seek more defense funds.
MENTIONED IN THIS ARTICLE
Norstad
Europe
Berlin
Khrushchev
Gilpatric
Moscow
Pentagon
Soviet Union
United States
U.S
Kennedy
Congress
There There There There There Castle Street Relocation
In Raleigh County ABC votes to move the county liquor store from Market Street to Castle Street. A bronze statue of Confederate Attorney General George Davis on Market Street has long pointed visitors to the store, but after October first visitors will no longer be guided by the statue.
MENTIONED IN THIS ARTICLE
Raleigh
New Hanover County
ABC Board
Market Street
Castle Street
George Davis
Confederate States of America
ABC
Wilmington
Gina Lollobrigida Walks Out Of Moscow Film Festival
Actress Gina Lollobrigida says she left the Moscow Lenin Stadium opening by choice not snubbed by Premier Khrushchev. She explained she wanted a bath and claimed the move was to please the Russian people amid festival coverage.
MENTIONED IN THIS ARTICLE
Stanley Johnson
Moscow
Gina Lolo
Brigida
Khrushchev
Lenin Stadium
Gina
Perlberg
Also Mentioned on This Page
Gen Foods
Liggett & Myers
Lorillard P
McLean
Monty Ward
Motorola Er Ween
Dl EL Gnostg
Nat Dairy Pd Een Eeene
Nat Distillers Eee Nee
NY Central Ween Waee
Norf & Westtee Ween
Avia
Radio Corp
Reynolds Tob
Sears Roebuck
Seu Railway
Sperry Corp
Calif
Soviets
Investors Guide
Mr. Shulsky
Soviet
By Lynn Nisbet
NEW Service Laundry
Centennial Ave
N. Main Street
Entertainment
Pepe
Dan Dailey
Shirley Jones
Paramount A
Angel Baby
Preacher Man
George Hamilton
baatigts eee _ PLUS
Eee Yaanes
Cs Crevaiarn
Fireston
Sheraton Hotel
N. Main ST
Ria
Nash
Jewelry & Loan CO
William Perlberg
Company
Technicolor
Debbie Reynolds
Tab Hunter
Fred Astaire
Lill
Palmer
Rialto Theatre
Archdale
Suky
Sue E i Nangy Kwan
Greensboro CI
Jeanne Crain
George Nader
Kitty Kallen
Bert Ahr
Mamie van Doren
Keith Andes
Paul Gilbert
Tommy Ball
Jimmy Boyd
Midwest
Universal International Picture
Brando
Julius Caesar
Sayonara
Johnny Rio
Shane
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