Stock Market Rebounds After Early Losses In Heavy Trades
New York AP reports the stock market erased an early slide and moved higher in heavy trading. The Dow Jones average noon quote rose 2.78 to 596.46 as gains spread across many key stocks including AT&T IBM and Du Pont reversing intraday losses amid bargain buying.
MENTIONED IN THIS ARTICLE
New York
Associated Press
At&t
IBM
New York Stock Exchange
du Pont
American Motors
Studebaker-Packard
American Stock Exchange
U.S
Over Counter Stocks Bid and Asked Prices Guide 1962
The following bid and asked prices are unofficial and compiled to indicate approximate ranges within which these securities could have been sold or bought as of June 5 1962. National Association of Securities Dealers and other sources provide the figures with origin available upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Kirchofer Trial Seen As Lengthy
A federal court trial of former Raleigh securities dealer Robert C. Kirchofer is expected to last about 16 weeks. Judge Algernon Butler may add an extra judge. Co-defendant James W. Thompson Jr. was ill and excused from Monday's arraignment.
MENTIONED IN THIS ARTICLE
Raleigh
Eastern District Court
Robert C. Kirchofer
Kirchofer and Arnold
James W.thompson Jr
Morehead City
Thompson
Trade Show Opens with 75 Floor Covering Merchants
More than 75 hard surface floor coverings merchants enroll in a three day retail sales training school at the Southern Furniture Exposition Building. R E Gates Jr of Armstrong Cork Co says stores within 100 miles of High Point were invited to attend. R W Russell of Armstrong Bureau of Merchandising will MC. The Cincinnati shipped show features films music and animated displays to update merchants on evolving consumer habits and products. Wives invited, refreshments served. final session limited to managers and owners.
MENTIONED IN THIS ARTICLE
R. E. Gates Jr
Armstrong Cork Co
Gates
Sedgefield
High Point
Cincinnati
R. W. Russell
Armstrong Bureau of Merchandising
York
County Demos Meeting Tonight Honors Longtime Democrat
Guilford County Democrats gather in the Municipal Courtroom at 7 30 p m to honor a longtime member. Sponsored by the High Point Young Democratic Club the event will include winning May 26 primary nominees and township and county officials. The honoree's name was not revealed.
MENTIONED IN THIS ARTICLE
Guilford County
High Point Young Democratic Club
Archie Myatt
Woman testifies on joining Communist party in Cleveland hearings
Mrs. Brown describes being invited to birthday events in her Cleveland neighborhood and attending Communist party meetings labeled a Jim Crow club. She says Communists preach against segregation but practice it and that she was tricked into joining in 1947, initially believing she joined the Civil Rights Congress.
MENTIONED IN THIS ARTICLE
Communist Party
Cleveland
Brown
Civil Rights Congress
Local man faces multiple charges after drunken residence breach
Salem Street resident James Snyder is jailed on larceny and drunkenness charges after allegedly entering Pearl Myers home with a pistol and guitar and firing shots damaging property. Police seized a .32 caliber pistol and guitar. Additional charges include drunk and disorderly and larceny of the pistol and guitar.
MENTIONED IN THIS ARTICLE
Salem
James Snyder
Pearl Myers
Snyder
Ronnie Little
S. Elm Street
Little
Margaret A. Farris
Wayne Street
Farris
Pair Given Sentences For Theft Of Vehicle
Two men Kenneth Buck Johnson and Norman Saltz were each given six months on the roads after being convicted in Municipal Court of unlawfully taking a motor vehicle. They posted $500 bonds and appealed to Superior Court. The car was said to have been stolen on May 19 from William Brown of Jamestown. Other actions included sentences for escape from a road gang and various assaults, with several defendants receiving suspended terms conditional on good behavior and costs.
MENTIONED IN THIS ARTICLE
Kenneth Buck Johnson
Clara Cox
Norman Saltz
Rt. 7
Greensboro
William Brown
Rt. 1
Jamestown
Claude E. Reitzel
Herman Gray Mabe
Here
Mabe
Sheriff's
Broad Street
Henry Lee Moffitt
Vail Street
Henry Peak
Tryon Street
Peak
Moffitt
Arlie Hough
Cliffside Drive
Hough
Perry Wood
Morris Feaster
Pearson Place
Reitzel
Donald Lee Adams
Winston - Salem
William James Tillman
Tillman
Ernest Robinette
College Village Party Tonight at College Village Shopping Center
A School's Out party at College Village Shopping Center runs from 7 to 9 p.m. Sponsored by the shopping center and High Point city recreation department, with Bill Koonce and his Casuals providing music. Prizes donated by College Village merchants will be awarded.
MENTIONED IN THIS ARTICLE
College Village Shopping Center
High Point City
Mystery Of Crumbling Cookies Baffles Space Scientists
Space researchers prioritize solving the mystery of crumbling cookies used in early space flights as astronauts prepare for moon and Mars missions. Pillsbury and Nestle report uncertain causes after John Carpenter’s May flight, noting high capsule temperatures may have affected chocolate.
MENTIONED IN THIS ARTICLE
Washington
Moon
Mars
Malcolm Scott Carpenter
Pillsbury Co
Nestle Co., Inc
Nestle
John Glenn
Glenn
Pillsbury
Carpenter
Benny Goodman Hits Soviet Restrictions in Sochi
Benny Goodman and his band faced Soviet limits during a Sochi concert. RCA Victor recording halted by officials, translator barred from relaying remarks, and band members warned over distributing buttons. U.S. Embassy in Moscow intervened to address the curbs and translation issues.
MENTIONED IN THIS ARTICLE
Sochi
Soviet Union
Benny Goodman
Nikita Khrushchev
Moscow
Goodman
Black Sea
RCA Victor
Terrence F. Catherman
Dearborn
Mich
U.S
Joya Sherrill
Yates Family Reunion Planned for June at Reynolds Park
The Yates family reunion is set for Sunday June 10 at Shelter One in Reynolds Park Winston-Salem. Clayton Haney leads arrangements for the gathering.
MENTIONED IN THIS ARTICLE
Yates
Shelter One
Reynolds Park
Winston - Salem
Clayton Haney
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