Stock Market Dips Amid Profit Taking After 1958 Peak
Irregular trading sees gains and losses narrow to fractions as 1958 high ground falters. Rails and tobaccos show strength while coppers and chemicals lag. Korvette jumps 2 percent on big block. major issues include GM, Sears, DuPont, and Dow listed with mixed moves. The AP average edges up, signaling another consolidation phase after a brisk advance.
MENTIONED IN THIS ARTICLE
New York
New York Central
Ilinois Central
Southern Railway
Baltimore & Ohio
Youngstown Sheet
General Motors
U.S. Rubber
Loew's
Phelps Dodge
Sears Roebuck
Associated Press
United Nations Observer Plan Faces Lebanese Crisis
Americans flee the city as rebel snipers strike the palace where Cha moun lives but fail to breach it. Adnan Nahas is killed. Hammarskjold arrives for the first formal U N meeting as observer forces reach 27, with 17 from Palestine and 10 from Norway. A June 11 Security Council resolution seeks to stop arms and men from reaching the rebels.
MENTIONED IN THIS ARTICLE
Adnan Nahas
Chamoun
Hammarskjold
U. N
Palestine
Norway
Security Council
Py Tm
Thon
Maine Voters Decide Party Nominees in Quiet Primary
In Portland Maine voters choose party nominees with concerns over Maine’s economy and jobs. Senator Frederick G Payne seeks a second term facing Herman Sahagian as Democratic Gov. Edmund S Muskie awaits the November final after today’s primary.
MENTIONED IN THIS ARTICLE
Portland
Maine
Bernard Goldfine
Frederick G. Payne
Payne
Washington
Goldfine
Boston
Herman D. Sahagian
Belgrade
Edmund S. Muskie
Grange
Maynard C. Dolloff
Gray
Clinton A. Clauson
Waterville
Horace Hildreth
Cumberland
U. S
Pakistan
Philip F. Chapman Jr
Governor praises chain stores at Raleigh supermarket dedication
Governor Hodges spoke at the Colonial Store opening in Cameron Village Raleigh praising chain stores as good markets for Tar Heel farmers and noting North Carolina's growing economy after a three week Europe trip. He contrasted Europe’s mix of small shops with the continent's energetic development in West Germany.
MENTIONED IN THIS ARTICLE
Raleigh
Gov
Hodges
Cameron Village
Europe
North Carolina
West Germany
Belgrade
Yugoslavia
Stock market bulls vs bears weigh upswing amid weak earnings
The article weighs reasons bulls cite for higher stocks despite poor first quarter earnings and widespread dividend cuts. It notes inflation expectations, government aims for full employment, and large investment funds backing stocks, while bears point to falling profits and widespread dividend omissions. Six months hence will reveal who was right.
Alma mater origin traced to Bonn and Mary statue
The term alma mater meaning foster mother traces to the Middle Ages likely in Bonn Germany where a statue of the Virgin Mary was called Alma Mater. This origin ties to students referring to their college or university by the same name.
MENTIONED IN THIS ARTICLE
Bonn
Germany
Investment guidance for retirement with bonds and stock choices
A reader planning retirement October 1 seeks advice on managing about 74000 in cash, E bonds dating to 1941, savings of 23000, and stock in a current employer. Recommendation covers cashing last year’s E bonds, gradual market exposure, and maintaining quality stocks or convertible bonds, with a plan to invest around 40000 over 3 4 years and avoid high risk.
MENTIONED IN THIS ARTICLE
Q. I
Federal Reserve Bank
U. S. Treasurer
Evangelist Billy Graham Calls for Lingering Spirit After San Francisco Crusade
Billy Graham urged 18 500 at Cow Palace to carry revival into churches and warned Satan will strike if believers delay. He noted crusade costs around 400 000 and asked for generous offerings as assistants circulated. After Yosemite trip with his daughter, he planned a Seals Stadium rally and California tour.
MENTIONED IN THIS ARTICLE
San Francisco
Billy Graham
Cow Palace
Graham
Satan
Judas
God
North Carolina
Yosemite National Park
Virginia
California
Used Car Dealers Hold Meeting at Sedgefield Inn
C E Pitts of Birmingham national president of the Independent Automobile Dealers Assn spoke at the Greensboro luncheon opening the third annual state chapter convention. About 200 to 300 dealers from across the state attended. Convention chairman was Guy A Berry, with P H Neighbors presiding. Election of officers occurred in the afternoon. The banquet tonight will feature Edmund Harding of Washington humorist.
MENTIONED IN THIS ARTICLE
Greensboro
C. E. Pitts
Birmingham
Ala
Independent Automobile Dealers Assn
Sedgefield Inn
Guy A Berry
P. H. Neighbors
Forest City
Edmund Harding
Washington, N.C
Weekend Violence Kills 19 In North Carolina
The weekend brought at least nineteen deaths across North Carolina from fires drownings electrocution and car crashes. Names include Emmett Saunders Rhoden Purvis and Edward Cozart with multiple fatalities from accidents and drownings reported near Oxford Lumberton and Hickory. Authorities cited smoke water and vehicle accidents as the primary causes.
MENTIONED IN THIS ARTICLE
Associated Press
North Carolina
Emmett Saunders
Williamston Street
Rhoden Purvis
Edward Cozart
Joe Latta
Oxford
James Alton Buchanan
Lumber River
Lumberton
John W. Bowditch
Hamrick Farm
Harold Lee Conley
Andrews
Nancy Carol Irving
Charlotte
Spruce Pine
Paul Lesterance
Durham
Born with feathers brush turkey’s early flight noted
The brush turkey of Australia hatches with a full feather coat and can fly almost immediately, a rare trait for mound builders.
MENTIONED IN THIS ARTICLE
Australia
Science Shrinks Piles New Way Without Surgery
A New York special reports a new healing substance Bio-Dyne claimed to shrink hemorrhoids reduce itching and relieve pain without surgery. Patients reportedly reduced in size and praised the treatment My peng H suppository or ointment form available with money back guarantee and Ree. U.S. Pe
MENTIONED IN THIS ARTICLE
New York, N. Y
My Peng
Also Mentioned on This Page
American Can Co
Dow-Jones
Bache & Co
Roy Man
Diy FC
Mar
Seseeeeres
Crusade For Souls
Albertson RD
Woodbine ST
Youth Department
Calvary Church OF the Nazarene
Arnold Johnson
Charles Thompson
A. H. Johnson
Business Mirror
By Sam Dawson
Evangelist
Spirit
Used Car Dealers Hold
Merit Shoes
MAIN
WE Hertros
Weathertron
Zett
N. Main ST
Sen Eee
Uncle
Ze A
Geiger
Actic
Nash Jewelry Co
U.S. 421
Clinton
Charles Clark
David Lynn
Rt. 4
Hickory
Catawba County
Brady Quick
Burt Fann, Jr
Rt. 1
Columbia
N.C
Claude Rogerson
Albemarle Sound
John R
Bobby) Radford
Theodore McNeil
Shannon
Raeford
State Highway Patrol
U.S
Wonder City
Waldorf-Astoria
the Plaza
Savoy Plaza
Statler Hilton
Latin Quarter
Joves Garantt
Rockefeller Center
Lower Manhattan
Manhattan
NBC
Outer Space
Hayden Planetarium
Radio City Music Hall
Capital Airlines
Plul Py
Tour Dept
Airport Terminal
N. C
Trinity
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