Market slips as copper and several issues drop in quiet trading
New York stocks opened lower with copper and plywood shares leading losses. Georgia-Pacific and U S Plywood fell while Magma Copper and Anaconda declined. Du Pont and U S Steel also down as rails utilities and autos eased. Goodyear led gains with several issues mixed, bonds steady.
MENTIONED IN THIS ARTICLE
New York
Georgia-Pacific Corp
U.S
Magma
Anaconda
Kennecott
London
Goodyear
Wall
General Dynamics
Douglas
Chrysler
Ford
New Hospital Plan Promises Affordable Care for Many
An American community gains access to a hospital and surgical plan that reduces debt for treatment. A coupon offer invites readers to mail in to learn how little this plan costs.
MENTIONED IN THIS ARTICLE
Omaha
Nebr
Verdicts Returned In Campus Rape Case At Florida A&M
The verdicts find four youths guilty in a campus rape case on the Florida A&M University campus. Sentencing is expected in about 30 days with pre sentence investigations likely. One defendant showed emotion as others were described by witnesses. the jury deliberated 2 hours 45 minutes.
MENTIONED IN THIS ARTICLE
Florida A&m University
Raiford
W. May Walker
Walker
Florida
David Ervin Beagles
Willion
Ted) Collinsworth
Patrick
Gene) Scarborough
Ollie Stoutamire
Open Hearing Opposed by Family in Louisiana Governor Bid
Senator Long son of Huey P. Long discusses possible run for governor while awaiting health news about his uncle. His wife denies ambitions. Adjutant General Hufft not announced candidate. Long recalls radio interview about an ambulance trip and hospital scene. Lt. Gov. Lothar Frazar, Long’s 1956 running mate, is unable to walk yet still eyeing a run.
MENTIONED IN THIS ARTICLE
Russell
Long
Lothar Frazar
Frazar
State Counts 11 Violent Deaths Over Weekend
The Associated Press reports North Carolina saw eleven violent deaths over the weekend. In Gaston County a 3 car crash on US 321 near Gastonia killed John Kenneth Holland and Albert James Childress, both of Gastonia, and in Wayne County a head on collision near Goldsboro claimed William Charles Whaley and Ruth Lamm, both of Goldsboro. Other fatalities include Aaron Moore Jr of Durham, Daniel Thomas Foster of Henderson, James Lloyd Cranfill of Yadkinville, Roosevelt Little of Woodville, Roscoe Herman Ziglar a 7 year old from Stoneville, a 6 year old Durham boy found at the bottom of a swimming pool, Hubert Collier of Wilson and Scranton South Carolina who was shot, and Mattie M. Best of Wilson held for grand jury action.
MENTIONED IN THIS ARTICLE
Associated Press
Gaston
Wayne Counties
North Carolina
John Kenneth Holland
Albert James Childress
Gastonia
Wayne County
William Charles Whaley
Ruth Lamm
Goldsboro
Aaron Moore Jr
Durham
Daniel Thomas Foster
Rt. 1
Henderson
James Lloyd Cranfill
Rt. 2
Yadkinville
Roosevelt Little
Woodville
Roscoe Herman Ziglar
Stoneville
Robert Edward Smith
Dow Jones Averages and Market Snapshot
The page lists Dow Jones averages by Bache & Co with figures for 30 industrials and 35 stocks, plus utilities and volume figures for recent trading periods. The data shows index levels around 626.86 for the industrials and 210.95 for the combined stocks, with utility averages near 86.60 and volume readings from 800,000 to 1,310,000.
MENTIONED IN THIS ARTICLE
Bache & Co
Cheer
Dublin Grafton Street to get glass roof overhaul
Plans disclosed this week call for a glass roof a quarter mile long over Grafton Street Dublin. The project costs 750000 dollars funded by an annual assessment of 35 dollars per front foot on shops.
MENTIONED IN THIS ARTICLE
Dublin
Grafton Street
Adlai Stevenson Seen In Democratic Nomination Mix
Mansfield notes strong Stevenson support within the party and Williams calls Stevenson a possibility. Johnson remains a contender despite denials. Kennedy leads current field with Humphrey, Symington gaining, while Nixon is forecast to win the Republican nomination. Scott praises Rockefeller as a potential future GOP figure.
MENTIONED IN THIS ARTICLE
Stevenson
Mansfield
Michigan
Kennedy
Humphrey
Symington
Scott
Nixon
Rockefeller
New York
House Cautions On Aid Cut Amid Waste Debate
Washington AP report says the House warns against steep cuts to foreign aid despite waste and corruption. Rep. Thomas E. Morgan argues for reform without scrapping mutual security, noting proposed funding of 3.64 billion for next year and potential Senate cuts.
MENTIONED IN THIS ARTICLE
Washington
House
Thomas E. Morgan
D-Pa
Morgan
House Foreign Affairs Committee
Eisenhower
Senate Foreign Relations Committee
South Korea
Laos
Foreign Aid Administration
House Government Operations Subcommittee
Chicago Furniture Market Opens With Optimism for 1959
The International Summer Home Furnishings Market opens in Chicago as officials forecast 1959 could be the best year for the furniture trade. John M. Snow of the National Association of Furniture Manufacturers cites shipments 12 to 15 percent ahead of last year, with manufacturer sales projected at 2.6 billion dollars and retail sales near 4.34 billion. The Southern Furniture Manufacturers Assn reports first quarter business in the South at a record peak, 20 percent above last year.
MENTIONED IN THIS ARTICLE
Chicago
John M. Snow
National Assn. of
NAFM
Southern Furniture Manufacturers Assn
High Point
N.C
Thhe South
West Berlin Receives 4 Billion Marks in Marshall Aid
Bonn reports West Berlin gained 4 billion marks in Marshall Plan aid for 1948 to 1958. The city's gross product rose from 3.9 billion to 9.6 billion marks, with dollar figures from 928 to 2,284 million.
MENTIONED IN THIS ARTICLE
Bonn
Germany
West Berlin
Also Mentioned on This Page
General Electric
Weathertron
Weathertron Oll
General
N. Main St
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RA
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Gulf Oil
General Motors
Norfolk & Western Rvy
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Procter & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
J. P. Stevens Co
Sal American Tel. & Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
Youngstown Sheet & Tube
F. W. Woolworth Co
Mutual of Omaha
Lee
United States
Berlin
Thueringer Tageblatt
Erfurt
Guilford County
Anne Ruth B. Fortner
Guilford Goney
Sherman F. Fortner Jr
Security Bank
Eo Vera Sheppard
Charles R. Jarrell
W. Commerce St. High
Brooks
Cry
Marcel Ra Rouillard
Bettye I. Brouillard
Office of the Register of Deeds
Greensboro Court House
Greensboro
Guilford
State of North Carolina
P. Vail
Carolina
George Richardson Agency
ED Smallwood
Richardson St
Mutual
Mutual Benefit Health & Accident Asociation
Omaha, Nebraska
Smallwood
Richardson High Point
N. C
Rush
Dow-Jones
Adlai
Johnson
Paul M. Butler
Oscar Wilde
Poplar Ridge
Sheppards Mountain
Hoover Hill Road
Elizabeth City
China
With A York
Hunter Coal & Oil CO
Chicago Furniture Market
Coats
Valetone
America
Capital Airline
Rolls Royce
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