Stock market dips as trading slows in New York session
Sluggish trading dominated the New York market with prices slipping slightly and many issues down fractions to about a point. Investors watched steel strike timing and Eisenhower’s political decision as uncertainty weighed on activity.
MENTIONED IN THIS ARTICLE
New York
Eisenhower
Douglas
United Aircraft
Boeing
Kennecott
Anaconda
Phelps Dodge
Republic Steel
Honolulu Oil
Houston Oil
Cotton futures open lower as market shifts
New York cotton futures start the day down five cents a bale, while the broader market shows a forty cent rise in another trading session.
MENTIONED IN THIS ARTICLE
New York
Dow Jones Averages Close At 1 PM
The Dow Jones Averages show three price lines for 30 industrials at 457.90 at noon 487.96 at 1 PM and 481.95 at close. The 20 rails moved from 166.84 to 166.88 to 167.54 while 15 utilities stood at 66.38 66.29 66.49. Stocks-174.54 174.52 174.84. Volume figures recorded 640,000 860,000 1,630,000.
MENTIONED IN THIS ARTICLE
Bache & Co
Uranium Industry Grows Fast Facing Growth Pains
Uranium prospecting slows as big oil and copper firms enter. Mills near deposits cost four million dollars and up, with about twelve planned or built and more expected. Western production looks strong with 10 million tons mined this year, while AEC buys at eight dollars per pound through 1966, up from three fifty, boosting mine profits.
MENTIONED IN THIS ARTICLE
Sam Dawson
Denver
Uncle Sam
West
Walter E. Scott, Jr
Colorado
Eee
Scott
Robert Palmer
The
Colorado Mining Assn
Sparkman Seeks Unified Southern Stand at Dixie Confab
Governor Sparkman says many in the South fear a Dixie conference, backs a preconvention meeting to keep Democratic unity. Timmerman denies backing a third party while opposing a school segregation plank, and a South Carolina plan to delay national choices. Sparkman proposes a delegation committee to coordinate with other states on common Southern interests.
MENTIONED IN THIS ARTICLE
Page One-A
Timmerman
Supreme Court
United Front
Atlantic City
N.J
Sparkman
Alabama
Nationa
South Carolina
Ageenan
Chicago
South
Khrushchev and Twining agree on future missile talks
At a summit encounter Khrushchev and General Twining debated missile power and arms control. Khrushchev challenged U S plans while praising Eisenhower but critiquing allies. Bulganin toasted Eisenhower and Eden as officials celebrated at a banquet.
MENTIONED IN THIS ARTICLE
Korrea
Britain
France
United States
Khrushchev
Twining
U.S
Soviet Union
Eisenhower
Georgi Zhukov
Zhukov
Bulganin
Eden
United
Ike Faces Convalescence Choices After Hospital Stay
President Eisenhower remains hospitalized at Walter Reed with a prolonged recovery at Gettysburg farm and will decide in the coming weeks whether to stay in the 1952 presidential race, visit Nehru in July, or travel to Panama for a regional meeting.
MENTIONED IN THIS ARTICLE
White House
James C. Hagerty
Eisenhower
Gettysburg
Walter Reed Hospital
India
Nehru
Panama City
Eiserhower
Panama
Unlikely Moscow Gesture Shocks U S Officers
In a wartime note unusual for Moscow a statement praised Allied aid and then a Soviet leader offered to shake hands with all U S officers present signaling rare warmth amid strained wartime relations.
MENTIONED IN THIS ARTICLE
Moscow
U.S
President Eisenhower Seeks Postponed Talks With Nehru
The two leaders discuss delaying a planned U.S. visit untilJuly 7 to ensure substantial talks rather than ceremonial events. Eisenhower hopes postponement won't be lengthy and asks Nehru to propose a convenient new date for a meaningful meeting.
MENTIONED IN THIS ARTICLE
United States
Eisenhower
Nehru
Drag Race Broken Up By Police Near Mill Spring
A drag race near Mill Spring, North Carolina, was halted by police after a threat of riot. Seven men were arrested on charges including drunkenness, resisting arrest, assaulting an officer, and interfering with an officer. Sheriff Loyd Westbrook led the response with deputies and state troopers.
MENTIONED IN THIS ARTICLE
Columbus
N.C
Here
State Highway Patrol
J. B. Kuykendall
Loyd E. Westbrook
Polk County
Clyde E. Pittman
J. E. Ramsey
Mill Spring
Arthur Moore
Moore
Westbrook
Ramsey
Kuykendall
Henderson
Cleveland
Rutherford
Also Mentioned on This Page
Olin Mathieson
Container Corp
Mengel
International Nickel
Goodrich
Associated Press
Eevceeese
Bache & Company
American Can Co
Allied Chemical & Dye
American Tobacco Co
Puedehssskeennee
the Borden Co
Dow Chemical
Pennsylvania Railway
Eastern Airlines
Peps Edison Procter & Gamble
Reynolds Tobacco Duty
Sears Roebuck
J. P. Stevens Co
Gulf Oil
American Tel. & Tel
Generala
the Texas
Union Carbide & Carbon
Goodyear Tire & Rubber International Harvester
United Aircraft Corp
International Tel
Westinghouse Electric Co
U. S. Steel
Youngstown Sheet & Tube
Jones Laughlin Steel
F. W. Woolworth Co
Dow-Jones
Business Mirror
U. S. Atomic Energy Commission
Palmer Lieves
AEC
Dixie
Carolina Tri-City Termite CO
Young's
Lees
Consult
Mary Ann Ross
N. Main ST
N. Mein
Reds
Ike
Wompson
Arthur
Maine
High Point Area
High Point Enterprise
High Point, N.C
Goodyear
Rati
Ires
America
Whitewall
Goodfyear Service
Hiatt Tire CO
W. Green
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