Stock market edges higher on broad gains in afternoon trading
The New York stock market advanced moderately in broad activity with most gains near steadies. U S Rubber and Dr Pepper led a slate of risers while Dow Chemical Goodrich U S Steel and United Aircraft posted notable advances amid merger chatter for Packard and Studebaker.
MENTIONED IN THIS ARTICLE
New York
U.S
Dr. Pepper
U. S. Steel
Goodrich
United Aircraft
Dow Chemical
West
Admiral Corporation
Allied Chemical & Dye
Allis Chalmers Mfg
American Can
American Smelt & Ref
American Tobacco
Eeseeess
Atchison, Top & SF Goeveses Len
Atlantic Coast Line
Atlantic Refinery
Avco Manufacturing
Css
Baltimore & Ohio
Bendix Aviation
TOM
Bethlehem Steel
Boeing Airplane
Warner
Budd Company
Burlington Mills
Edison
Continental Can
Continental Motor
Continental Oil
Tl Curtis Wright
Douglas Aircraft
Ceeeeeeseees
Dupont de Nemour
Eastern Airlines
Scesseses
Lockheed Aircraft
Seessses
Loews Theaters
Lorillard & Company Eeeeenee
Louisville & Nashville
Sscees
Magnavox Radio
Sscceesseee
Montgomery Ward
Motorola Radio
National Biscuit Eeeeseseeseee
National Cash Register
National Dairy Product
National Distillers
New York Central
Escesesse
North American Avia Erences
Northern Pacific
Sccsseesess
Ohio Oil Company
Escccveecs
Pacific Gas & Elec
Seseesees
Packard Motor Eee
Penney J.C. Co
Pennsylvania
Sears Roebuck
Southern Pacific
Esccseseees
Southern Railway Ee
Cod
Standard Oil
Calif
Standard Oil Ind
Coenses
Standard Oil N.J. Eee
Stevens, J.P. Co
Scccesseeees
Studebaker Corp
Sylvania Elec
Texas Company
Tee
Tex Gulf Products
Escseess
Texas Gulf Sulphur
Textron Corporation Ceccesee
Trans & Western Air Eveveese LD
Union Carbide Eee
Union Pacific
United Airlines
Eereenereses
United States Steel
Vanadium Corporation
Wick Chemical
Minimum Coffee Price Boosted to 87 Cents a Pound
Brazil raises the minimum price for this summer's coffee crop from 68 to 87 cents per pound. The move is not expected to deter foreign buyers paying 88 cents and suggests prices may hold steady for at least another year.
MENTIONED IN THIS ARTICLE
Rio DE Janeiro
Brazil
Segregation to Continue in Richmond County School Plans
The board approved a report allocating 1,213,651.74 in state funds for building projects, with no facilities labeled white or Negro. Building Committee chair Martin said the plan ignores segregation, aiming for needs-based spending under a $50 million bond. Projects include Caldwell Gamewell School 99,286.89 and Jamestown 871,223.38 plus multiple others.
MENTIONED IN THIS ARTICLE
PAGE
Richmond County
Martin
Caldwell County
Gamewell School
Caswell
John Chavis J
Cherryville
Guilford Sumner
Jamestown
Rankin
Lincoln School
Greensboro
Lenoir —Frink
Savannah
Mitchell —Harris
Onslow
Swansboro
Elizabeth City
Bank St
Richmond
Ashely Chapel
Lumberton
Rowland Norment
Grease Ignites Paper In Woodbury Ave House Fire
A Woodbury Avenue blaze at 407 Woodbury Ave yesterday afternoon damaged a residence. Firemen said papers in a stove were ignited by grease, starting the fire. Occupant listed as Wilbur Turner.
MENTIONED IN THIS ARTICLE
Woodbury Ave
Wilbur Turner
Committee Refuses Transcript Release in McCarthy Case
A Senate subcommittee in a closed session on May 17 voted to block publication of the transcript while sending copies to attendees including Hensel, with a 45 minute debate on whether to reveal names of 130 alleged Communists in defense plants. The panel urged McCarthy and Roy Cohn to turn over the list to the Defense Department.
MENTIONED IN THIS ARTICLE
Hensel
McCarthy
Sen
Symington
D-Mo
Defense Department
Mundt
R-Sd
Wilson
Newark
Massachusetts
Roy M. Cohn
Dworshak
Idaho
Senate Investigations
Francis P. Carr
UN Overrides Reds In Indochina Vote
In a pivotal UN Security Council move seven votes were required to launch a debate on Indochina. Thailand pressed for observers on its territory amid fears of potential invasions. Nehru opposed an immediate discussion, and France reportedly shifted to support after Thailand’s demand for observers on Thai soil. India not on the council.
MENTIONED IN THIS ARTICLE
Indochina
Thailand
U.N
Southeast Asia
New Delhi
Nehru
Council
Geneva
India
France
Jane
Mrs Best Testifies Husband Beat Her In Murder Trial
Mrs Bessie Best testified in Wayne Superior Court that her husband Marvin Best returned after a two week absence and beat her severely. She said she did not remember after waking in a hospital and admitted enduring mistreatment for years. Cy Campen testified he saw the struggle at the home and that Best was shot, Campen retrieving the pistol.
MENTIONED IN THIS ARTICLE
Best
Campen
Elks Club
Senator demands right to testify in Hensel dispute
McCarthy accuses Hensel of masterminding Army charges to discredit the subcommittee and block probe into Hensel’s ties to a World War ship supply firm. Hensel insists on being allowed to testify unless McCarthy withdraws the charge or the panel rules the charges baseless.
MENTIONED IN THIS ARTICLE
Pentagon
Hensel
McCarthy
Subcommittee
Army
Pvt. G. David Schine
McCarthy Subcommittee
Communist Youths Will Be Stopped at Frontier
The West German government says organized Communist West German youth attempting to cross into East Berlin for a youth meeting this weekend will be stopped.
MENTIONED IN THIS ARTICLE
Bonn
Germany
East Berlin
Also Mentioned on This Page
W. G. Gentry
New Zealand
Sir John Harding
Britain
Oat Rowell
Australia
J. E. Cluy
Adm
Rob
Ert
B. Carney
United States
Gakery
High Point
N. Main ST
Winston
Finch Field
miGuway
Archdale
Ars Womark
Karl Malden
Carleton Carpenter
Russ Tamblyn
Elaine Stewart
Mrs. Best
Susan. Hayward
William Lundigan
Gregory Pech
Amita Bore
Rita Gam
Yipe-E
Boys & Girls
For All
Cable Dairies
Clyde Baxter Jr
Takin’ Pictures
Pepsi-Cola Bottling Co
Winston- Salem, Inc
Pearson St
Greensboro, N. C
Pepsi-Cola Company
Randolph Scott
Atomic City” Ladies Free
Caryng
ISON
Hilarious
Roma
Wm Chi Frank
David
Arles Coburm
Albertson
Midway
Thomasville
Raul Fred
Kinnson
Bullwhif
Lash Larue Fuzzy Sr
John
Righ Point
Southwest Passage
Cameron-Day-Ireland
WelDuneys
Ben and
Elty
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