Stocks Rise Toward 1958 High Amid Tobacco and Oil Gains
The New York market in early trading edged toward another 1958 high. Oils advanced modestly while tobacco shares moved variedly on gossip about an upcoming national magazine article. American Tobacco rose about a point as Texas Company, Kern County Land, Royal Dutch, Sinclair and Standard Oil New Jersey also posted fractional gains.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Lorillard
Aft
American Tobacco
Texas Co
Kern County Land
Royal Dutch
Sinclair
Standard Oil
New Jersey
Confidence Upturn Spur Hope Amid Mixed May Data
May figures show gains in employment wages and retail sales while manufacturing remains weak. Despite overall improvement, manufacturing and durable goods orders lag, delaying a sustained upturn. Analysts warn a true recovery requires renewed factory output and inventory stabilization amid a cautious outlook for 1959.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Hospital Assn Names New Officers In North Carolina
Sam ple B. Forbus of Watts Hospital Durham became president of the North Carolina Hospital Association at the two day convention in Blowing Rock. Edward R. Frye of Charlotte was named president elect for next year, with W. R. Peters of High Point retiring after pushing hospital training facilities. Other officers elected include D. M. Pyne Burlington secretary treasurer and trustees W. W. Lowrance Asheville George W. Laycock Shelby Lloyd Gilbert Smithfield R. Z. Thomas Jr. Charlotte and J. P. Richardson Charlotte, with alternate AHA delegate.
MENTIONED IN THIS ARTICLE
Blowing Rock
Sample B. Forbus
Watts Hospital
Durham
North Carolina Hospital Assn
Edward R. Frye
Charlotte
Forbus
W. R. Peters
High Point
Blue Cross
D. M. Pyne
Burlington
W. W. Lowrance
Asheville
George W. Laycock
Shelby
Lloyd Gilbert
Smithfield
American Hospital Assn
R. Z. Thomas Jr
AHA
J. P. Richardson
Minor Figures Big Factor in Production Slowdown Recovery
Company speeded up production lines as chief stewards, serving as chaplain, lawyer, nurse, and counselor, mobilize to support several hundred workers. Many stewards and committeemen return to regular plant jobs after years of disruption.
Janitor Held On in Raleigh Rape Case At Rex Hospital
Raleigh City Court ordered bass held without bond on charges of raping a white woman and related attempts to cause fatal harm. Det Sgt Rhodes described the assault at Cameron Village's insurance company building, where Mrs Mahler was left injured and later treated at Rex Hospital. a grand jury session is set for June 23.
MENTIONED IN THIS ARTICLE
Raleigh
Albert Doub
Matthew Phillips Bass
E. W. Rhodes
Sgt. Rhodes
Bass
Rex Hospital
Pistol Point
Insurance Company
Cameron Village
Syrians Show Wary Optimism Toward Americans
In Damascus and Aleppo public sentiment toward the United States grows friendlier after months of tension. US library visits rise from 102 in October to 460 in May, and Syrians seek American cultural programs while fearing closer Soviet ties. Merchants and farmers in Gazira express anger over Russian wheat spoilage discounts, as grain crops falter amid a dry winter.
MENTIONED IN THIS ARTICLE
United States
U.A.R
Gazira
Aleppo
Syria
Mahmoud Riad
Dow Jones Averages Reported With Mixed Trading
The Dow Jones averages closed with slight gains and losses across components as trading moved between 471 and 474 points. Volume totals reached about 2.76 million shares with notable activity in Espree and other listed securities.
Reversal of Scales Conviction Sought
Lawyers for Junius Scales, ex Communist twice convicted of advocating violent revolution, were to ask the U S Fourth Circuit Appeals Court to reverse his Middle District Court conviction. No immediate decision was expected. Oral arguments were to be given.
MENTIONED IN THIS ARTICLE
Asheville
Junius 1. Scales
U.S. 4Th Circuit Appeals Court
Scales
Greensboro
Communist Party
FBI
Court Plan Presented And Justice System Reform Debated
North Carolina court reform proposals seek to remove judges from political pressure and create three divisions including appeals trials and local courts with district courts and reformed justice of the peace system. The plan aims to empower courts with internal control and qualified staffing.
MENTIONED IN THIS ARTICLE
North Carolina
Supreme Court
Superior Committee
Bell
Justice of the Peace
Refusal to Sell Syria Goods Sparks Diplomatic Tension
Riad, a soft spoken figure, cautions that there is no practical improvement yet. The article notes American resistance to supplying Syria with desired goods and outlines ongoing diplomatic strain.
MENTIONED IN THIS ARTICLE
Syria
Riad
Ohio Coal Output Share Reflects 8 Percent of U S Total
Nearly 8 percent of the United States half billion tons of coal mined in 1956 came from Ohio, highlighting the state's significant role in national energy production.
MENTIONED IN THIS ARTICLE
U. S
Ohio
Also Mentioned on This Page
Business Mirror
Dresser Industries
Kennecott
Congress
Air & Ohio
The
Pacific
Illinois Central
Airlines
Pan American World Airways
American Airlines
U.S. Steel
Republic Steel Chrysler
Youngstown Sheet
Caterpillar
International Telephone
Goodrich
Zenith
Johns Manville
Union Carbide
du Point
Associated Press
Bacne & UO
American Can Co
Allied Chemical & Riesetecs
Adams-Millis Corp
American Tobacco Co
Bethlehem Steel
Burlington Mills
New York Central RR
Cone Radardseesi
Carolina Light & Power
Airer
DuPont de Nemours
Eastern Airlines
Consolidated Edison Eastman Kodak Greyhound Corp
General General Electric
Gene Goodyear Tire & Rubt
International Harvester International
Standard Oil Co
Jones Laughlin Ste Johns
Manville Loew's Inc
Norfolk & Western
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Procter & Gamble Reynolds Tobacco
Republic Steel
Sears Roebuck
Southern Ray
J. P. Stevens Co
American Tel & Te
the Texas Co
Union Carbide & Cart
Damascus
Damascus Radio
U.S. Information Service Library
N. Main ST
Eversharp
H.P. Briggs & Stratton Motor
U.S
Gov't
Wilson
Stokely Pineapple
Clearbrook Wilc
State
WELCH
Libby
Gorton
Cleo
Jo-Bo
Borden’s
Puffin
Pillsbury
Ballard
Dow-Jones
Brocke
Cotton For
Jly
Itinaien
Caroinas
R. J. Reynolds Tobacco Co
Winston-Salem
Internal Revenue Service
Reynolds
Hunter Coal & Oil CO
Manhattan Man
Piedmont
Television Sales & Service
Co. Ft. Chest & Upright
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