Stock market slips with mixed gains in early trading
New York stocks opened irregularly lower with a few sharp gainers. The Dow Jones average stood at 641.02, down 1.47, while the AP 60 slipped to 222.70. Government bonds rose, corporate bonds were mixed, and neon issues listed by Bache & Co. showed varied percentages.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Bache & Co
American Can Co
Allied Chemical & Dye
Adams-Millis Corp
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RR
Market bid prices compiled from NASD and others
Unofficial bid and asked prices from NASD and other sources guide range for many securities. Names include Dow Chemical, General Motors, United Aircraft, Gulf Oil, Goodyear, Eastman, International Harvester, Public Service of North Carolina, Norfolk and Western, Southern Railroad, Republic Steel, Sears Roebuck, U S Steel, Westinghouse, and Wells Fargo affiliates among others.
MENTIONED IN THIS ARTICLE
Natonal Association of Securities Dealers, Inc
Cone Mills Corp
Carolina Light & Power
Howe Inaiene
Douglas Aircraft
Ene Autos
DuPont de Nemours Ae
Dow Chemical
American Fidelity Life
Eastern Airlines
American-Marietta
Consolidated Edison
Billups
Eastern Pet
Greyhound Corp
Butler’s Shoe
General Dynamics
Colonial Stores
General Electric
Commonwealth Life
Gulf Oil
Drexel Furniture
General Motors
Goodyear Tire & Rubber
Gulf Life
International Harvester
Jefferson Standard Life
Spur Oil
Procter & Gamble
United Ins. Co. of
Amer
Reynolds Tobacco
Wachovia Bank & Trust
Republic Steel
Sears Roebuck
Southern Rny
J. P. Stevens Co
American Tel. & Tel
the Texas Co
Union Carbide & Carbon
Dow Jones Averages Reported by Bache & Co
The Dow Jones averages show the Industrials at 641.97 at previous close 641.02 and 642.49 at noon while Rails sit at 143.00 143.53 143.26 and Utilities at 93.18 93.29 93.30 with Stocks around 211.15 211.29 211.60 and total volume noted as 640000 1190000 2960000.
MENTIONED IN THIS ARTICLE
Bache & Co
Retailers seek better sales as market slows into fall
A South Carolina retailer says orders are restricted until moving existing stock. Many shopkeepers will attend the Southern Retail Furniture Association semi annual banquet at Plantation Supper Club where FTC advisor William D. Dixon will discuss consumer risks. Furniture South awards for 1960 will be presented.
MENTIONED IN THIS ARTICLE
Southern Retail Furniture Association
Plantation
William D. Dixon
Federal Trade Commission
Furniture South
TV Listings for WBTV Charlotte Tuesday Schedule
Channel 3 air times list shows from Pat Lee at 3 30 to a 11 15 movie including Verdict Is Yours 9 00 Tightrope 9 30 Comedy Spot 10 00 Garry Moore 11 00 Weatherman 11 05 News 11 10 Sports.
MENTIONED IN THIS ARTICLE
Highway Patrol
Douglas Edwards
Man Dawson
Dobie Gillis
Garry Moore
RFC Piedmont
Pat Lee
Television Schedule Through Midnight at Roanoke Station
WSLS-TV Roanoke Channel 10 lists 5:30 Three Stooges and 7:00 Shotgun Slade with 10:00 M Squad and 11:15 Jack Paar. Talk Back at 7:30, Books & Authors at 1:00, Geology 41 at 1:00, Boston Symphony at 6:39, Magic Doorways at 12:00, News at 6:39 and 10:10, Weather and sports segments throughout.
MENTIONED IN THIS ARTICLE
Laramie
Richard Diamond
Arthur Murray
Cock Paar
Star Playhouse
Alcoa Presents
Black Saddle
Jack Paar
Three Stooges
Stallion
Shotgun Slade
Wichita
N.C
Boston Symphony
Rockefeller urges $3 billion defense budget increase
Gov Nelson A Rockefeller asks governors to back a three billion dollar rise in the defense budget to meet 1960s dangers. He warns the US could face military disaster in the decade and urges missile production, dispersal, airborne SAC alert, and greater Army Marine and airlift strength.
MENTIONED IN THIS ARTICLE
Glacier National Park
Mont
Nelson A. Rockefeller
New York
Richard M. Nixon
Eisenhower
Rockefeller
Nixon
Chicago
Rockefeller Brothers Fund
United States
Soviet Union
SAC
Investment guidance from a mutual fund column
A reader asks about canceling a mutual fund plan and holding growth stocks. The expert endorses staying with a leading fund and explains pricing: bid equals net asset value, ask includes a selling commission, and suggests pick leaders for long term growth. Mr Shulsky invites mail for more questions.
MENTIONED IN THIS ARTICLE
Jersey Standard
Marietta
Mr. Shulsky
Medical from page one A medical session and debt measure
The article describes a compromise plan preserving four billion dollars of annual revenue and adding eight billion dollars to the national debt ceiling while maintaining current taxes on corporations and various excises. It notes Senate and House actions on radio time, payola, transit loans, and a housing bill, with emphasis on medical care for the aged as a priority quoted by Sen. Gore.
MENTIONED IN THIS ARTICLE
House
Senate
Senate House
House Rules Committee
Rules
House Banking Committee
Senate Committee
Albert Gore
D-Tenn
Sanford to name Democratic presidential choice soon
North Carolina leader Terry Sanford said he will decide his pick for the Democratic nomination within a week or today and will announce it to the state delegation at the Los Angeles convention. He emphasized not pressuring delegates and highlighted his NC runoff win over I Beverly Lake.
MENTIONED IN THIS ARTICLE
Raleigh
Terry Sanford
Sanford
Los Angeles
North Carolina
Fayetteville
I. Beverly ‘Lake
Lake
Paul Thompson
John D. Larkins
Trenton
Martha McKay
Chapel Hill
B. B. Everett
Palmyra
Bassinet Saved in Carnegie Home Then Cats Multiply
Mr and Mrs James Rogers cleaned their attic and basement in Carnegie Oklahoma and kept a bassinet which proved useful later. Their cat used it to give birth to five kittens, a surprising turn for the household.
MENTIONED IN THIS ARTICLE
Carnegie, Okla
James Rogers
NEA under pressure to condemn Southern school segregation
At the NEA 98th convention in Los Angeles, delegates debated a resolution on integration nearly unchanged from 1954. Seventeen urged a stronger stance against segregation while seven favored retention, with Southerners arguing to let the region handle its own school issues and keep public schools open.
MENTIONED IN THIS ARTICLE
G. K. Hodenfield
LOS Angeles
National Education Assn
NEA
Resolutions Committee
Supreme Court
South
Howitzer Defined as Short Light Cannon for High Angle Fire
A howitzer is a short light cannon designed for high angle fire. It emphasizes mobility and versatile artillery support with elevated targeting capabilities.
Johansson Says Next Fight His Absolute Last
Sweden's Ingemar Johansson declared his next bout would be his absolute last in a return from New York. The former heavyweight champion said the decision would stand even if he lost his third fight with Floyd Patterson.
MENTIONED IN THIS ARTICLE
Copenhagen
Denmark
Sweden
Ingemar Johansson
Floyd Patterson
New York
Johansson
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High Point Enterprise
Dow Jones
South Carolina
Vaughn
N. Main St. Ext
Swift
Wfmy-Tv
Greensboro
Capt. Sangaroo
Red Rowe
Wsjs-Tv
Winston-Salem
Dr. Maione
Derringer
NBC News
William
Harvey Dinkine
Ivgmnes
North Main
WBTV
Charlotte
Wsoc-Tv
Kilgo’s Kanteen
INTE
TEL
Wsls-Tv
Roanoke
Wunc-Tv
Channel
By Jack Bell
Investors Guide
Standard Oil
N. J
Medical
Os Dew
Paramount
Rialto
Rock Hudson
Jean Simmons
Dorothy McGuire
Claude Rains
OF Ruth
Peggy Wood
Elana Eden
Anne Situa Ae
Tony
Jack Ae
Cyril Lemmon
Firestone
Yitestone
N. Main St
Sheraton
Mark Twain
Solowin-Mayer
Samuel Colowin
Jrs
Huckleberry Finn
Metrocolor
Tony Randall
Patty McCormack
Neville Brand
Micke Judy Andy Buster Shaughnessy Canova
Devine
Keaton Wa Finlay Currie
Sterling Holloway
Archie Moore
Eddie Hodges
Earth
Trailways
High Point
Washington, D. C
L-Way
Boston
Oklahoma City
Trailways Package Express
Union Bus Terminal
Lindsay Street
High Point, N. C
Warner Bros
Kctune
Richard Burton
Barbara Rush
Soanan
Angie Dickinson
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