Broad Market Advances Lead Wall Street Rally
The New York stock market rose on a wide front with strong earnings from Republic Aviation Clevite and Union Carbide lifting sentiment. Major gains appeared in air crafts chemicals and steel along with Du Pont General Electric General Motors Boeing and Westinghouse as volume remained modest and traders paused after an active morning.
MENTIONED IN THIS ARTICLE
New York
Gillette
Crown - Zellerbacks
Republic Aviation
Clevite
Union Carbide
Harbison-Walker
Climax Molybdenum
du Pont
American Dyanamid
Douglas
General Dynamics
General Motors
Boeing
Youngstown Sheet & Tube
Royal Dutch Petroleum
Rock Island Railroad
American Telephone
Westinghouse
Phelps Dodge
Associated Press
Admiral Eat Seueades
Alleghan
Allis Chalmers Mfg
Sss
American Canetereerereeere
American Smelt & Ref
American Tel & Tel
American Tobacco Cesceserss
Atchison, Top & SF
Atlantic Refinery
Etteeereeere
Avco Manufacturing
Baltimore & Ohio
Bendix Aviation
Bethlehem Steel Fo Caee
Care
Boeing Airp
Borg Warner
Budd Company
Cipen
Cola Sx
Firestone
General Electric
General Foods
Glidden
Goodrich
Goodyear Rubber
Twwinds Central
Int ‘Tel & Tel
Kennecott
Kroger Company
Talbott probe widens over Pentagon tied firm
The New York Times reports Air Force Secretary Harold E. Talbott used Pentagon office papers to promote his New York engineering firm. The Chattanooga Times notes Sen. McClellan may drop the inquiry if Talbott disassociates from Mulligan & Co. from the firm profits while in office.
MENTIONED IN THIS ARTICLE
New York
New York Times
Senate
Air Force
Harold E. Talbott
Pentagon
Senate Permanent Subcommittee
Times
Talbott
Chattanooga Times
Washington
Sen
McClellan
D-Ark
Paul B. Mulligan & Co
Mulligan
Washington Dispatch
Loyalty questioned for William Henry Taylor in IMF case
Counsel Byron N. Scott announced a three way challenge to a U S security board finding against naturalized American William Henry Taylor born in Canada who was accused of espionage and subversive activity shadowing Communist ideology. He plans hearings with Sen Johnston and possible court action to contest unidentified informers and missing hearing material. The dispute follows a prior Peters case ruling on loyalty proceedings.
MENTIONED IN THIS ARTICLE
Washington
William Henry Taylor
U. S. Security Board
International Monetary
Byron N. Scott
Congress
Taylor
Scott
Sen. Johnston
D-Sc
Senate
U. S
U. N
IMF
Washington Post
Times Herald
United States
Communist Party
Security Board
Peters
James Self Dies At Greenwood Leader Of Textile Giant 79
James C. Self, 79, president of Greenwood Mills, died at Self Memorial Hospital Greenwood S C from a blood deformity after months of ill health. He endowed the $3.4 million hospital in 1951 and received Horatio Alger and Dixie Business honors for his rise from farm boy to textile leader.
MENTIONED IN THIS ARTICLE
Greenwood
S.C
James C. Self
Greenwood Mills
Self Memorial Hospital
Self
Duke Hospital
Durham
N.C
Horatio Alger
The
American Schools and Colleges Assn
New York
Waldorf-Astoria
Dixie Business
Black Snow For Geneva
A cryptic note reports security officials disposing of burn bags into a basement furnace causing ash to fall on local residents. Gen Smith later implemented chimney screens to halt the ash. The piece recalls a WWII event where secret paper survived a chimney burn in North Africa.
MENTIONED IN THIS ARTICLE
U.S
Dulles
Gen. Smith
Smith
United States
New Furniture Plant at Wilkesboro Forms Drew Furniture Co
A new furniture firm named Drew Furniture Co plans a three story 60 000 square foot plant in Wilkesboro to manufacture bedroom furniture. A. B. Johnson serves as president with Richard Johnson Wayne M Coffey Tom Story and Mrs A B Johnson in key roles. Capital stock is 125 000 dollars and 150 workers are expected when in full production on one shift by spring 1956.
MENTIONED IN THIS ARTICLE
North Wilkesboro
New Furniture Corporation
Drew Furniture Co
A. B. Johnson
Richard Johnson
Wayne M. Coffey
Tom Story
Oak Furniture Co
A. B
American Furniture Co
Coffey
Story
Nuclear propulsion era drives Navy submarine plans
In a prepared address Admiral Thomas highlighted seven reactor studies aiming to create a family of nuclear engines for submarines and surface ships. He noted the Seawolf and Nautilus differ in reactor types and stressed nuclear power as a pivotal Navy transformation since the sail to steam era. The Nautilus, built by General Dynamics at Electric Boat, has logged thousands of miles and numerous dives since commissioning six months ago.
MENTIONED IN THIS ARTICLE
Russia
Thomas
Navy
Electric Boat Division
General Dynamics Corp
Seawolf
Caribbean
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MENTIONED IN THIS ARTICLE
Dean
Doan
Also Mentioned on This Page
Pacific Gas
sseeesTex Gulf Products
Texas Gulf
Textron Corporation
Sesceess
Trans & Western Air
Cscesecees
Union Pacific
Vick Chemical
Cceeessesees
Virginia-Care Chemical
West Auto Supp
Csccseveese
West Maryland
Kendall
Kennedy Oil CO
Supreme Court
John P. Peters
Yale University
James Self
Geneva
Wilkesboro
VFW
Greensboro RD
Atomic
George N. Anderson
of Dentistry
Church ST
Icohol
Icohol i
Reeds Lights
First Pilgrim Holiness Church
A.B.C
Rame
Alamities
Demnation
Charles
Orion
Robbins Mills
Sreys
Jones
St. Louis
America
Dacron
Charles Ero
Matti
Jancer
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