Stock market slips amid uneven trading in New York
The New York stock market retreated irregularly in midafternoon trading with fractional losses for many leaders while some issues gained. Industrials and steels led declines on news of lower Detroit area prices and a Navy shipbuilding cancellation, but gains appeared in Am erada, Lorillard, and select equities as investors reacted to cross currents and large blocks changing hands.
MENTIONED IN THIS ARTICLE
New York
Detroit
Bethlehem
Navy
Amerada
Ivestment Trust
Lorillard
Youngstown Sheet
du Pont
Wen
Chrysler
General Motors
Ford
Dow Jones Averages and Trading Figures
Market summary lists Dow Jones averages from Bache & Co with industrials around 466 to 490 and totals for rail and miscellaneous indicators. Additional figures show trading volumes and miscellaneous price points across sectors with varied daily changes.
MENTIONED IN THIS ARTICLE
Bache & Co
M Industrials
Cabarrus Recount Ordered in Tie for State House Seat
The North Carolina State Board of Elections ordered a recount of three ballot boxes in Cabarrus County where Bedford W. Black and E. T. Best Jr. are tied for one of two House seats. Chairman John Hartsell requested the review. neither candidate was present. A separate tie in Robeson County also prompted attention for the county recorder race.
MENTIONED IN THIS ARTICLE
Raleigh
State Board of Elections
Cabarrus County
State House of Representatives
John §. Hartsell
Hartsell
State Board
William McShane
Hendersonville
Black
Best
Robeson County
W. B .Ivey
John S. Gardner
Lumberton
Recorder’s Court
Radiation accident aid plans outlined by AEC
The AEC announced that local officials may seek help from the nearest AEC office or military base in a nuclear incident. It noted a reactor or radioactive material release could pose public hazards, such as a truck accident rupturing a shipment container.
MENTIONED IN THIS ARTICLE
AEC
Plastics Industry Sees Rising Sales Across Sectors
The Society of the Plastics Industry reports 1958 sales at or above 1957 levels with gains up to 40 percent for some firms. Plastic pipe, now used in irrigation, homes, and pools, may reach 60 million pounds and about 60 million dollars this year. Manufacturers from General American Transportation to Newark Die Co. cite higher demand across diverse industries, including automotive, packaging, and government missile work, driven by cost cuts and new designs.
MENTIONED IN THIS ARTICLE
New York
Society of the Plastics Industry
SPI
General American Transportation Co
Chicago
Capac Industries
Capac
Mich
General Industries
Elyria
Ohio
Erie Resistor
Erie
Columbia Engineering
Newark
N. J
Shaw Industries
Franklin, Pa
Newark Die Co
N.J
A. L. Hyde Co
Grenloch
Victory Manufacturing
Norton Laboratories
Lockport
N. Y
Boonton Molding Co
Boonton, N. J
De Gaulle Views Downplayed by U S and Algerian Crisis
Diplomatic sources say De Gaulle’s remarks are not supported by officials with Eisenhower and Macmillan meeting in the U S. In Algeria Gen. Salan reports rebels defecting and elections planned, while Debre urges France to arm for freedom in a nuclear age and warns of a shifting balance among superpowers.
MENTIONED IN THIS ARTICLE
U.S
Amory Houghton
de Gaulle
United States
Eisenhower
Macmillan
Houghton
Harvard
Algeria
Raoul Salan
Salan
National Liberation Front
FLN
France
Michel Debre
General Military Review
Debre
Europe
U S and Britain Seek Steps to Bolster Free World Economy
Declassified talk notes discuss clever moves to wage economic warfare against the United States and plan for expanded Soviet sales to Russia. Evidence points to UAR inciting Lebanon unrest and arming antigovernment factions. Washington and London push for new enterprises and potential World Bank IMF actions to aid soft currency nations.
MENTIONED IN THIS ARTICLE
Sia
United States
Dulles
Khrushchev
U. S
Russia
United Arab Republic
Lebanon
Britain
World Bank
International Monetary Fund
Guns Carried Openly Stir Vanceburg Citizens
In Vanceburg Kentucky residents walk with handguns in plain sight reviving Old West images. Police are unsure how to respond as Kentucky law bans concealed weapons but permits open carry. The state attorney general has been asked for guidance.
MENTIONED IN THIS ARTICLE
Vanceburg
Kentucky
Attempts To Jam Missile Fail At Holloman AFB
At Holloman Air Force Base New Mexico repeated attempts to jam the Mace missile failed The Air Force said the Mace with the Atran guidance system stayed on course with high accuracy In no case was the guidance system confused The 650 mile per hour jet powered tactical missile carries a nuclear warhead
MENTIONED IN THIS ARTICLE
Holloman Air Force Base
N.M
Air Force
Atran
Buenos Aires Largest City South of the Equator
Buenos Aires, capital of Argentina, is noted as the largest city located south of the equator.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Eastern Star Opens Convention in Asheville
The North Carolina Chapter of the Order of the Eastern Star opens its 53rd annual session in Asheville for about 2,000 members and guests. An informal ceremony preludes tonight’s main social, the Gilendean Garden Banquet, as the women’s auxiliary awards scholarships and votes on new officers.
MENTIONED IN THIS ARTICLE
Asheville
North Carolina
The
Order of the Eastern Star
Gilendean Garden
Masonic Order
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High Point Station
U.S. Steel
Republic Steel
Goodyear
New York Central
Anaconda
Kennecott
Associated Press
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RA
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft Sedinds
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Corp
General Dynamics
General Electric
Gulf Oil
Goodyear Tire & Rubber
International Harvester
International Tel
Standard Oil Co. S
Jones Laughlin Steed
Loew's Inc
Johns Manville
Norfolk & Western Rwy
Phillips Petroleum
Ipepat Cola Railway
Procter & Gamble
Reynolds Tobacco
Wfmy-Tv
Greensboro
Amor
Andy
Ste Erwin
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Dumont
Admiral
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Bob Provence
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Investigator
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Channel
TEL
King
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McGraw
Jack Paar
High Point
Redford Sales CO
Carolina Tri-City Termite CO
WRENN
WBTV
Rascals Club
Sheriff
Bedford Sales Company
N. Wrenn
Dow-Jones
Prev
Sears Roebuck
Southern Any. Stevens Co
American Tel. & Tel
the Texas Co. A
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
U. S. Steel
Sheet & Tube
F. W. Woolworth Co
Cabarrus
Dixie Soda Shop
Business Mirror
By Sam Dawson
Zett
N. Main ST
Point High
Midway Theatre
George Montgomery
Elephant Boy
Samarkand
Ree Og
Deluxe One
SABU
Pane NS
Ela Man
Diana Barrymore
John Barrymore
of High Point, Inc
Commerce ST
Concord
Durham
Gastonia
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Paw
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Johnny
Urke
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China
God's Little Acre
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Aldo Ray
ESM
Robert Taylor
Julie London
Saddle the Wind” Technicolor
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Sergeant York
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Kirk Douglas
Paramount
Samuel Goldwyn Jr
Jagger
Pao
Walt Disney Cartoon
Puddle Jumper
Marty
United Artists
Eastern Star
Conarentaes
UTS
Paul Newman
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