Oil stocks stumble as Suez anxiety weighs on market
New York trading sees oil shares slide amid Suez Canal jitters while steel and copper move modestly. Gulf Oil and Royal Dutch drop about four points as oil groups track London losses. Bethlehem and U S Steel gain fractions. ACF Wrigley Stores jumps at 19 inch after large block trade. AP average down 30 cents to 188.90 at noon.
MENTIONED IN THIS ARTICLE
New York
Suez Canal
Ding
Gulf Oil
Royal Dutch
Middle East
London
Suez
Shamrock
Dumas
Texas
Standard Oil
New Jersey
Texas Co
Bethlehem
Youngstown Sheet & Tube
U.S. Steel
Republic
Kennecott Copper
Anaconda and
Phelps
Hilton Hotels
ACF
Wrigley
New York Central
General Dynamics
Associated Press
Cotton Futures Rise Slightly on Opening in New York
New York cotton futures opened 5 to 35 cents a bale higher as traders weighed early market directions. Listed stock quotes show varied gains and losses among industrials and consumer goods firms including American Can Co, American Tobacco, and Looms.
MENTIONED IN THIS ARTICLE
Eeeeteereee
iDee
American Can Co
American Tobacco Co
Jones Laughlin Steel
Sete Johns Manville
Ee Loew's Inc
Burlington Mills Corp
Norfolk & Western Ry
New York RR
Phillips Petroleum
Cone Mills
Pennsylvania Railway Rete DuPont de Nemours
Procter & Gamble
Ee Cee
Reynolds Tobacco
Ted Edison
Republic Steel
Eastman Kodak
Sears
Greyhound
J. P. Stevens Co
Ral Dynamics
American Te. & Tei
the Texas Co
Gulf Oil
Union Carbide & Carbon General Motors
United Aircraft Corp
Goodyear Tire & Rubber
Eg Electric Co
Interna Mass
New York
Elen Weal Sheet & Tube
Woolworth Co
Dow Jones Averages Reported By Bache & Co
The Dow Jones averages are supplied by Bache Co. for publication. Market activity data tracks major indices and trends across key stocks and sectors as reported by the financial firm.
Three factors may revive business boom in fall
Three forces may renew the business boom: auto model cycles spurring new production, steel demand rising for plants vehicles and equipment, and industry expansion plans, even as higher steel prices bite. Uncertainties include consumer buying power, potential further price hikes, and whether firms will invest in capacity.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Sookie
Washington
From baseball spin to TV sponsorships and global ties
The piece surveys sports science on pitch revolutions and ball behavior, notes shifts in 1955 56 TV sponsorships toward high cost programs, references a Glendale News Press headline about fatherless men entering service, and connects Cold War era shifts with Liberia and Monrovia. It cites anecdotes about a drill sergeant and a mail box printing tactic, plus reflections on Glenn McCarthy, Conrad Hilton, and guaranteed annual wage concepts in labor economics.
MENTIONED IN THIS ARTICLE
Glendale
Calif
Liberia
U. S
Monrovia
U.S
James Monroe
Kremlin
Coun
Glenn McCarthy
Bolivia
Hilton
McCarthy
Air Trophy to be Awarded at Air Force Convention
Maj. Gen. Winston P. Wilson will present the Earl T. Ricks Trophy to Maj. David F. McCallister at the Air Force Association convention opening in New Orleans. McCallister and his 142nd Fighter Interceptor Squadron won after flying Joe Francisco to New Orleans in 3 hours 30 minutes 8 seconds and averaging 547.68 mph. Verdon D. Jersey of the 163rd Fighter Squadron placed second. Charlotte, N C, third with 3:33.40.
MENTIONED IN THIS ARTICLE
New Orleans
Winston P. Wilson
Air National Guard
Earl T. Ricks
David F. McCallister
Air Force Assn
McCallister
Joe Francisco
Wilmington
Del
Verdon D. Jersey
Wayne
Ind
Charlotte
N.C
Exchange Of Entertainers Agreed Upon
Billy Rose reports the Soviet Union agreed in principle to swap 500 Russian entertainers for 500 Americans next year. Draft talks by Georgi Orvid envisage four Russian and four American troupes touring in 1957 with premieres in New York and Moscow to ease tensions. Six-city appearances in each country plus radio and TV airings. State Department approval noted.
MENTIONED IN THIS ARTICLE
Moscow
Billy Rose
Soviet Union
United States
Rose
Georgi Orvid
New York
U.S
State Department
Petroleum Explosion Kills 19 in Texas Panhandle Incident
In Shamrock Texas panhandle town eight miles northeast of Duras a petroleum explosion killed 19. Nine victims were Shamrock employees and the rest volunteer firemen from nearby towns. Several tanks containing crude oil and by-products ignited, with flames reaching high into the night and smoke visible from Amarillo and Dumas. The blast caused about half a million dollars in damage and left workers dazed by the heat as crews fought the fire and expected it to burn out.
MENTIONED IN THIS ARTICLE
Core County Memorial Hospital
Texas Panhandle
Shamrock
Aes
8. G. Wait
Dumas
Amarillo
Shamrocks
Duras
Bower
Hamilton
Oops Bid Sparks Confusion In National Bridge Meet
During the national summer bridge tournament an error led to a bid of less than one club when a player said oops after dealing. The referee ruled the bid invalid and play moved on as two qualifying rounds completed. In Group 2 top finishers include Felix Ashby and Ben Elliott Jr as the event continues through August 8.
MENTIONED IN THIS ARTICLE
Ree
Irs Incl
Felix Ashby
Raeigh
N.C
Ben Elliott Jr
Eee
Crowd confronts laborer charged in child death on rooftops
A crowd of about 2000 gathered outside a Manhattan tenement as police protected Diego Lugo 24 charged with raping and killing a 3 year old girl. Lugo allegedly confessed after being found at a West Street apartment. Police described a violent scene with pursuers and threats as Lugo was taken into custody.
MENTIONED IN THIS ARTICLE
New York Ww
Diego Lugo
Jatric
Belle A
Little Jeanette Ribot
Manhatan
Upper West Side
Ata Anton Emeee
Pane
Ies
We West Street
Josephine Mirandi Ribot
Puerto Rico
Miss Majorettes Are Selected in Three-State Contest
Linda Kinlaw of Fairmont North Carolina and Judy Penland of Rock Hill were named Miss Majorettes for 1956 in their states after a three-state contest in Florence South Carolina. Linda Dickens of Roanoke NC and Carol Siver of Rock Hill won junior titles for their states. Carolyn Willis of Chesterfield is slated to face the senior winner in Lake. Tommy McDonald of Meco won the baton twirling for South Carolina.
MENTIONED IN THIS ARTICLE
Florence
S.C
Linda Kinlaw
Fairmont
N.C
Judy Penland
Rock Hill
Florida
Starr Blonde
Linda Dickens
Roanoke
Carol Siver Rock
Tommy McDonald
Meco
South Carolina
Wanted Accountant for Construction Bookkeeping
National organization seeks an accountant or experienced bookkeeper for payroll job costing and construction work. Permanent position with salary commensurate with ability and experience. Confidential replies to auditor Robert M. Southerland P.A. High Point, phone 5969.
MENTIONED IN THIS ARTICLE
National Organization
Perman
Robert M. Southerland
P. A
High Point
Also Mentioned on This Page
Dow-Jones
Bache & Co
Business Mirror
By Neal O'Hara
CIO Steelworkers Union
Philip Murray
GAW
Air Trophy
Blue Cross
CIA Res
Wright
High Point, N. Cc
N. Wrenn
Main ST
Thomasville
Maxwell House Coffee
EAGLE
Trix
Rath
Black Hawk
K-P
Jane
Californias
BIG Bear
Geneat
N. Main ST
Arthur
Arthur Murray
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