Market recovers part of Tuesday decline on gains across sectors
New York stocks edged higher in mid afternoon trading as some issues gained a point or two. Textron rose after raising its dividend to 31 percent, Lorillard advanced on cigarette device rumors, and Zenith and Motorola led gains in electronics while United Aircraft and Merck saw small losses.
MENTIONED IN THIS ARTICLE
New York
Textron
Lorillard
Wall Street
Kaiser Aluminum
Zenith
Motorola
Raytheon and
Radio Corp
United Aircraft
Douglas Aircraft
Merck
Philco
SRFA appoints Robert Deale as director for Tri-State program
Robert C. Deale Sr. was named director for the Southern Retail Furniture Association. His appointment, approved by the SRFA executive committee, follows his resignation from ARA to join American Can Co responsibilities. Deale will oversee membership services and coordinate programs with NRFA and NRFA field reps.
MENTIONED IN THIS ARTICLE
Tment
Robert C. Deale Sr
Southern Retail Furniture Association
Herbert Early
Alexandria
Deale
Bard
ARA
Allied Chemical & Dye
American Tobacco
Pew
Borden Co
SRFA
Bethlehem Steel
Great Rom Ryster Corp
New York Central RR
New Cone Mills Corp
Com- Carolina Light & Power Mittee
Douglas Aircraft
DuPont de Nemoursings
Don
Rep
Eastern Airlines
NAFA
Consolidated Edison
Ee Oe
mlGecores
Brean Corp
Diesen
General Dynamics
General Electric
Gulf Oil High Point
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel
Res- Standard Oil Coalution
Dora- Jones
ASP
Early
Bob Deale
SAFA
Tri-State
Southern Retail Furniture Association Board of Directors
NRFA
Middle Atlantic
Santee Textile Mills
Mar
Bamberg
S. C
Cotton Futures Open Higher Then Fall In New York
Cotton futures opened five cents per bale higher to ten cents lower today in New York trading as market moves reflected early gains and later retreat. The report notes price volatility with shifts in demand expectations and speculative activity influencing near term levels.
MENTIONED IN THIS ARTICLE
New York
Level Cross Man Sentenced After Undercover Whisky Stunt
In Greensboro Clyde Toombs was sentenced to three years plus a suspended year and probation in a Middle District Court case involving a nine year old son sent to fetch three gallons of whisky for an undercover revenue agent. The session centered on non tax paid liquor cases. In Goldsboro Wayne County voters rejected the proposal to establish ABC liquor stores 4508 to 3857 in a Tuesday referendum. The county showed a strong anti store result with a one sided precinct outcome, while local voters slightly favored the stores in a separate unnamed area.
MENTIONED IN THIS ARTICLE
Greensboro
Middle District Court
Clyde Toombs
Stanley
Goldsboro
Wayne County
ABC
Dow Jones Averages at Noon Mixed Industrial and Rail Movers
The noon Dow Jones summary shows mixed results with industrials at 638.85 and rails at 166.19. Utilities and wares listed include 214.67 with broader figures noted as 1,160,000 and 1,680,000.
MENTIONED IN THIS ARTICLE
Fornisnea
Baene & Co
Industriels
Gibsonville ABC bill passes second reading in House
The North Carolina House narrowly approves a local bill for an ABC election in Gibsonville by 48 to 46. Debate centers on county vs local option with Rep. Long opposing and Elon College president said to oppose ABC stores nearby. The bill would block any store in Alamance County portion of Gibsonville and keep stores out of the county.
MENTIONED IN THIS ARTICLE
Raleigh
ABC
Gibsonville
House
Scotland
Roger Kiser
George A. Long
Alamance
Guilford Delegat
Ghesevile
Themance
Guilford
Alamance County
Long
The
Elon College
Tom Turner
Turner
Watts Hil Jr stalls bank study and par-basis bills
Durham banker Watts Hil Jr leads opposition to a proposed seven member commission to study non par banking and a bill to require par check cashing for county and municipal governments. The House committee also rejects creating a state fisheries agency but backs a reorganization commission. Commercial fishermen lobby stays away as bills advance.
MENTIONED IN THIS ARTICLE
Durham
Watts Hil Jr
Hill
Cabarrus
Bedford Black
House Committee On
Commission
Weather forecast sunrise and sunset times
The sun will set today at 7 32 p.m. and rise tomorrow at 5 04 a.m. The Associated Press provides this sun timing update.
MENTIONED IN THIS ARTICLE
THE
Associated Press
Five Day Forecast North and South Carolina Warm Weather Mix
Forecast covers North and South Carolina with partly cloudy conditions in Georgia and steady temperatures. North Carolina highs near mid 80s with lows around 60s, showers possible Saturday or Sunday. South Carolina expected sunny to partly cloudy with highs near mid 80s and cooler nights. Showers total 0.3 to 0.8 inches across the period.
MENTIONED IN THIS ARTICLE
North Carolina
Georgia
South Carolina
North
Raleigh
Charlotte
Charleston
S.C
Seven Kids Too Many For Coliseum
Dallas AP report says Southern Methodist University Coliseum seats 8 500 and Joe McElroy opted not to bring his entire family to graduation. His wife Lillian watched as the 34 year old from Grand Prairie earned his law degree while seven children stayed home to avoid overcrowding.
MENTIONED IN THIS ARTICLE
Dallas
Tex
Southern Methodist University
Joe McElroy
Neca Lillian
Grand Prairie
McElroy
Also Mentioned on This Page
BTN
Web
U.S
Bache & Co
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
U. 8. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Eeeeeeee Ee
Eee Eee Enter
Ocsndea Wveses
Dow-Jones
High Point
Lloyd Clodfelter
H. H. Clodfelter
Wilders
Pears
Sean
Ony
Firestone
On Earth
Uality
N. Main ST
H.P. Clinton
Firestone Tires
Blackwall
Whitewall
State Board of Conservation
Albany
al Albuquerque
Anchorage
Asheville
Bismarck
Chicago
Cleveland
Fort Worth
Ely
Helena
Indianapolis
Kansas City
Los Angeles
Washington
Wayside Interiors, Inc
Jackson Sign Company
St. Main St
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