Steel Shares Lift Market Amid Strike Forecast
New York stocks edged higher as steel shares led the advance amid expectations of a possible settlement to end a 26 day strike. The Associated Press 60 stock average rose about 20 cents at noon with industrials up, rails down, and utilities higher as traders awaited word on the steel dispute.
MENTIONED IN THIS ARTICLE
New York
Deal General
Associated Press
Dow Jones Averages Mixed As Volume Surges
The Dow Jones Averages show varied movement as trading volume rises with figures listed for 65 stocks and several large blocks. Investors monitor shifts in value across multiple sectors while overall market tone remains cautious amid volume spikes.
Virginia Coal Exports Boost Steel Industry Ties
The steel strike may aid Virginia coal exports through Hampton Roads as European demand boosts American shipments. Railroads Chesapeake & Ohio, Virginian, and Norfolk & Western expand terminals to speed coal out of Norfolk and through the region. Officials see a steady export market with rising years.
MENTIONED IN THIS ARTICLE
Richmond
Virginia
Europe
Norfolk
Chesapeake & Ohio
Virginian
Norfolk & Western
Hampton Roads
Appalachian Coal Fie
Federal Reserve Bank of Richmond
Ped
Washington
F. F. Estes
Lawmakers debate interposition and education plan
Fourth day of the session sees a vote to recommend the original resolution to the House. Rep Moore names Brantley Womble chair of the subcommittee to report by night. Rep Thomas White plans to introduce an interposition resolution while Gov Hodges aims for a week long session and public hearings on Pearsall recommendations for school funding and school choice.
MENTIONED IN THIS ARTICLE
Ae White
Yewosth
End White
P Heone
U.S. Supreme Court
House
Moore
Rep
Brantley Womble
Wake
Thomas White
Lenoir
Supreme Re
Hodges
Advisory Education Committee
Thomas Pearsall
Rocky Mount
Pearsall
Pri
Truck's Tool Box Looted at Service Station
Equipment valued at $48 was reported stolen from a truck tool box while the vehicle was parked at a service station on East Green Street. Police said the tool box was broken open and items appeared missing.
MENTIONED IN THIS ARTICLE
E. Green Street
C. C
Southern Caucus Plans Southern Unity at National Meet
Southern governors and party officials plan a preconvention caucus to push Southern unity within the Democratic Party. Neville Bennett led a Atlanta meeting where seven Southern chairmen pledged unity and discussed a Southern state delegation and platform committee actions. Strom Thurmond criticized the pledge, saying unity needs a bolt or third party threat.
MENTIONED IN THIS ARTICLE
Chicago
Iman
Atlantic City
N.J
Democratic Party
Congress
Neville Bennett
State Party
Atlanta
National Platform Committee
U.S
Strom Thurmond
South Caolina
Damages Sought In High Point Auto Crash Case
Frances Kennedy of High Point sues Edna Hayes for 3500 in damages after a two vehicle collision at Baker Road and Highway 610. Judge Pro Tem Harriss H Jarrell presides at a one week municipal term.
MENTIONED IN THIS ARTICLE
Municipal
Harriss H. Jarrell
Frances Kennedy
High Point
Edna Fright Hayes
Baker Road
Highway 610
A J
James B. Criscoe
Lucy Ward McNeill
Doctor Says Sgt Sober During Blood Test Inquiry
Testimony covers blood alcohol reading of .015 and factors affecting results. McKeon faces general court martial for involuntary manslaughter, oppression of recruits, and on duty drinking. Prosecution questions sobriety claim while defense probes test mechanics and timing after the disciplinary march.
MENTIONED IN THIS ARTICLE
Atcheson
University of Medical School
McKeon
York City
Memphis
Tenn
Berman
Samuel L. Cummings
Raymond
Maine
Cummings
Charlies B. Sevier
Three Die as Ships Crash in Dense Fog Rescue Efforts Save Hundreds
Heavy fog cloaked the area as the Italian liner Andrea Doria listed and began to sink. Rescue ships evacuated roughly 1,000 people, with 7 injured initially and hundreds saved aboard the De De France Cape Ann and Stockholm en route to New York.
MENTIONED IN THIS ARTICLE
Andrea Doria
New York Coast Guard
Coast Guards
Evergreen
S.S. Andrea Doria
de de France
United Fruit Co
Cape Ann
Pvt. Oe H. Thomas
New York
Stockholm
Army
Coast Guard
Nantucket Island
Ministry of ‘Merchant Marine
Massachusetts
New York City
SOS
Andrea ‘Doria
New
Leaf Sales Volume In Slight Drop Across Florida Georgia Markets
Leaf auctions in Florida and Georgia opened with 11,332,728 pounds sold for 5,555,276 dollars, average 49.02 per hundred. Prices varied by market with Vidalia at 50.34, Tifton 51.20, and Waycross top quotes near 60. High quality leaf sold for stronger prices while some grades dipped. Moultrie, Douglas, and Tifton reported solid volumes and mixed price shifts across grades.
MENTIONED IN THIS ARTICLE
Valdosta
A- Florida
D Warheta
Minutimie
Tifton
Vidalia
Waycross Markets
Hursday
Waycross
Moultrie
Douglas
Trinity Man Faces Charge in Assault Case
Carl Pierce, 19, of Route 1 Trinity, charged with assault on Leona Eldreth of 509 West Green Street. He was released on $100 bond and set to appear in Municipal Court Monday. Pierce reportedly slapped the woman.
MENTIONED IN THIS ARTICLE
Carl Pierce
Route 1
Trinity
Leona Eldreth
Green St
Pierce
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Pee & Western
Ryps Petroleum
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Stevens
Sheet & Tube 100 LP
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Business Mirror
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Moskins
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Jarrell
General QD Electric
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