Stock Market Gains Lead by Steel and Radio Stocks
The market opened mildly higher led by steel and electronics shares with U S Steel up about a point and Bethlehem, Jones & Laughlin and American Telephone among advancing issues. Chrysler, Ford, GM posted small gains while Motorola and Raytheon contributed fractional increases amid slow turnover and scattered gains.
MENTIONED IN THIS ARTICLE
Lorillard
Youngstown Sheet
U.S. Steel
Bethlehem
Jones & Laughlin
American Telephone
Consolidated Edison
General Motors
Chrysler
Ford
American Motors
Zenith
Raytheon
Motorola, Radio ,Corp
Sperry Rand
Navy air crew awarded Distinguished Cross for MIG attack
Lt. Cmdr. Donald R. Mayer of Litchfield Conn led a damaged aircraft back to safety after a MIG attack near North Korea. The crew, including Lt. Cmdr. Vincent J. Anania Jr and Lt. John Dennis Malone, endured duress over Miho, Honshu, before emergency landing at Iwakuni Japan.
MENTIONED IN THIS ARTICLE
Navy
Washington
Donald R. Mayer
Litchfield
John Dennis Malone
Park Ridge
Ill
Corder
Mayer
Floyd W. McClintick
Richfield
Ohio
Japan
Miho
Honshu
Cmdr
Vincent J. Anania Jr
Pittsburgh
Eli O. Farley Jr
Florence
Ala
Ordnance
J.C. Richard E. Nelson
Jamestown
Kan
Iwakuni
Yokosuka
Tokyo
Yokosuka Navy Hospital
State Department
Court Bill Is Killed
A formal protest was planned after lawmakers moved to remove a provision amid court reform debates. The measure faced opposition from those who argued it would render the attack unwarranted and vicious.
New York Cotton Exchange Opens With No Futures Sales
Cotton traders report no futures sales at the opening of the New York Cotton Exchange marking an unprecedented quiet start. The record notes the previous close and opening ibids as reference points in a memory-filled market moment.
MENTIONED IN THIS ARTICLE
NEW York
New York Cotton Exchange
Landis Gets Finishing Plant For Local Mills
Landis North Carolina mills Linn Mill Co and Corridor Mill Co announce a $750000 dyeing and finishing plant to be called Corlin Processing Co. It will process their own unfinished gray yarn with a 90000 pounds weekly capacity, three shift operation, and about 150000 payroll yearly. Construction 135 by 145 feet starts soon with production expected next January.
Bogus Money Case Built By Gov t
In Wilmington two men, William Earl Baysden and Ula Hall, face counterfeiting charges as the government builds its case in U S District Court. A Secret Service agent testified Baysden’s fingerprints were on two boxes holding 750000 in counterfeit bills found Sept 19 1958 in a food freezer at Baysden’s store. Hall and Baysden plead not guilty. A Raleigh paper company representative testified selling 20 boxes of bonded stationery to Baysden.
MENTIONED IN THIS ARTICLE
Secret Service
Baysden
Hall
L. D. Stubbs
Raleigh Paper Company
Nicaragua Faces Dual Invasion Threats From Honduras and Costa Rica
President Luis Somoza announced two rebel incursions approaching Nicaragua from Honduras with about 50 men and from Costa Rica with roughly 200, backed by alleged Cuban-trained mercenaries and Caribbean Legion members. He claimed communist financing and named Honduran commander Rafael Somarriba and Costa Rican ally Marcial Aguiluz. one earlier invader was killed, 105 captured, four unaccounted.
MENTIONED IN THIS ARTICLE
Managua
Nicaragua
Luis Somoza
Honduras
Costa Rica
Somoza
Rafael Somarriba
Cuba
Caribbean Legion
Fidel Castro
Santa Elena Bay
Marcial Aguiluz
Also Mentioned on This Page
Bethlehem Steel
Burlington Mills
Chrysler Corp, New York Central RR
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft ‘du Pont de Nemours
Chemical
Goodyear Tire & Rubber
International Harvester International
Tel, Norfolk & Western Ray
Phillips Petroleum
Pennsylvania Railway -Cola
Procter & Gamble Reynolds Tobacco Republic Steel Roebuck
JP. Stevens Co
American Tel
Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
LycoHpe Electric Co
U. S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Dow-Jones
Bache & Co
Eee
Family Finance
of High Point, Inc
E. Commerce ST
Asheville
Charlotte
Concord Durham
Gastonia
Goldsboro
Greensboro
Raleigh
Rocky Mount
Salisbury
Wilmington
Winston-Salem
Prev. Close Opes Jly
Landis
Haifa
Israel
Gov't
Rogers
Insurance Agency
With A York
Hunter Coal & Oil CO
Stubbs
Furniture Factory
Aia Et
SOC
Montlieu Ave
THE
High Point Lion’s Club
Lion’s Club
WORK
Oxfords
Val Cork
Belks
Washington St
Mui
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