Mixed Stock Market After Earlier Decline In Steels
New York stocks opened mixed and more active with steel shares leading early weakness after a failed strike compromise. Bethlehem declined about a point, while Aluminum and Kaiser Aluminum rose sharply. United Aircraft and Boe steadied gains, and the AP average for 60 issues fell about 20 cents at noon.
MENTIONED IN THIS ARTICLE
New York
Bethlehem
Republic
Youngstown Sheet & Tube
U.S. Steel
Aluminium Ltd
Kaiser Aluminum
Boe
United Aircrafts
Tone Motors
White Motor
Robert Gair
Continental Can
Continental Car
New York Central
Southern Railway
Associated Press
Rev. Bache & Company
American Can Co
Allied Chemical & Dye
Adams-Millis Corp
American Tobacco Co
Tbs
Dee
Seteueeenreeeay
Bethlehem Steel
Pennsylvania Railway
Consolidated Edison
Eastman Kodak
Procter & Gamble
Greyhound Cory
Reynolds Tobacco
General Dynamics
Republic Steel
General Electric
Sears Roebuck
Gulf
J. P. Stevens Co
General Motors
American Tel. & Tel
Goodyear Tire & Rubber Zuta
the Texas Co. International Harvester
Union Carbide & Carbon
International Tel. & Tel
United Aircraft
Standard Oil Co. Westin
Jones Laughlin Steel Co
Electric Co
Johns Man
Loew's Inc
F. W. Woolworth
Dow Jones Averages Summary from Bache & Co
The Dow Jones averages show mixed readings with industrial at 67.21 and rail at 178.70 while utilities stand around 1RT on 65 stocks. Trading volume ranges from 750,000 to 2,090,000 shares across listed readings.
MENTIONED IN THIS ARTICLE
Bache & Co
Aarst
Cautious Business Tone Amid Mixed Economic Signs
National economy shows cautious recovery with autos and farm machinery still fragile. Industry uncertainty, steel strikes, price shifts, and politics loom as agriculture stabilizes. California enjoys booming aircraft and electronics while Michigan faces high unemployment. total output near 400 billion dollars, personal income about 317 billion, retail up except for autos and farm equipment.
MENTIONED IN THIS ARTICLE
California
Ae. Ogre
Ee Gory
Governors discuss a united moderate platform for Democratic victory
The group favored a consensus platform to unite the party for November. Governors considered meeting before Chicago to align positions and broaden support among party officials and potential candidates. They criticized federal aid for schools and urged Congress to clarify federal versus state authority over antisedition laws.
MENTIONED IN THIS ARTICLE
Democratic Party
Faubus
Chicago
Timmerman
Eisenhower
White House
Ence
Supreme Court
Congress
Non-support Case Filed By Police In Thomasville
Carvin H. Dellinger forty four, of High Point address Atlantic States Motor Lines, was arrested at 5 p m yesterday on a wife Sarah's complaint charged with non support. Warrant says he has failed to provide adequate support since January 1 this year. Free on three hundred dollar bond, he is set to appear in Recorder s Court on June 29 for a hearing. Four persons cited for speeding yesterday.
MENTIONED IN THIS ARTICLE
Thomasville
Carvin H. Dellinger
Atlantic States Motor Lines
High Point
Sarah
Dellinger
Recorder's Court
Beauties Face Busy Schedule for Miss North Carolina Pageant
A dozen or so contestants gather in Nags Head to compete for Miss North Carolina. Their agenda includes a swimming party breakfast hunt and a dance plus tonight's rehearsal ahead of tomorrow's pageant.
MENTIONED IN THIS ARTICLE
Nic
Aire
Industry outlook hints at 45 billion construction total
Construction totals near 45 billion for the year, topping 43 billion last year. Industrial output holds above year ago despite autos drop. Steel may slow after a record 117 million tons. oilmen in California forecast a five percent rise in demand and production. Coal finds European demand. steel mills buoyed by strong markets. Confidence remains strong despite near-term questions.
MENTIONED IN THIS ARTICLE
California
Europe
Fidelity Bank to Merge with Wachovia in Durham
Directors of Wachovia Bank and Trust Company and the Fidelity Bank of Durham approved the merger unanimously. Stockholders will vote July 26. Wachovia president John F. Watlington Jr praised the plan, saying it will bring substantial benefits to Durham and North Carolina with Wachovia's resources and services.
MENTIONED IN THIS ARTICLE
Wachovia Bank and Trust Company
Fidelity Bank of Durham
J. Roscoe Adams
Wachovia
Fidelity
John F. Watlington Jr
Watlington
Durham
Fidelity Bank
North Carolina
Durham Et
Ilina
High Wachovia
Wilmington
Winston-Salem
Opan
Duram
OES Chapters Schedule Bus, Meeting in Madison
White Rose Chapter 157 has chartered a bus to the district meeting in Madison on June 30. The bus departs William Penn High School at 7 30 a.m. Saturday. Gardenia Chapter 6 meets tonight at 8 at the Odd Fellows Hall.
MENTIONED IN THIS ARTICLE
White Rose Chapter
The
Order of the Eastern Star
Lodge
Madison
William Penn High School
Gardenia
OES
Odd Fellows Hall
Methodist Conference Debates Race Relations Report
The North Carolina Conference of the Methodist Church debated a report on race relations and approved plans to fund Louisburg College while considering expansion to senior colleges in Rocky Mount and Fayetteville. The drive includes 450000 for Louisburg with conditions on town funds and a government loan for a cafeteria.
MENTIONED IN THIS ARTICLE
Greenville
N.C
North Carolina
Methodist Church
Board of Social and Economic Relations
General Conference
Atlas
Louisburg College
Rocky Mount
Fayetteville
Louisburg
Goldsboro
Western North Carolina
Conference Board of Education
E. B. Fisher
Raleigh, T Co
Commission On World Service and Finance
J. D. Gibson Jr
Gibson
W. Jasper Smith
Bethel
Smith
Methodist
A. C. Edwards
Hookerton
Betteville
Roy Turnage Jr
Ayden
Cecil W. Robbins
President College
Finance Commission
Youth Admits Theft of Cash
A 9 year old boy was taken by city detectives after confessing to stealing $10 from the kitchen cabinet of Mrs. Josie Lovette at 111 Hoskins Street. He spent all but $4 and gave that amount to his mother. the boy's name was withheld due to age.
MENTIONED IN THIS ARTICLE
Josie Lovette
Hoskins St
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