Market Dips as Wage Talks Loom Throughout Slow Trading
New York stocks declined on cautious trading with investors awaiting wage talks outcomes. Du Pont and Standard Oil NJ slipped after earlier highs while GM, U S Steel, Chrysler, Westinghouse and others also fell. volume was the smallest since May 31 as declines led the day's activity.
MENTIONED IN THIS ARTICLE
New York
du Pont
Standard Oil
General Motors
U.S. Steel
Chrysler
Westinghouse Electric
Northern Pacific
American Telephone
Allied Chemical
Piece of Bone May Enable Recovery
A fragment from an accident scene may aid recovery after a serious motorcycle truck collision. Doctors and investigators seek to determine if the bone piece can help medical treatment and prognosis for the patient.
MENTIONED IN THIS ARTICLE
Chicago
Burlington Chairman Warns Against Textile Market Rigidity
Burlington Industries Chairman Spencer Love told a Senate subcommittee that enforced rigidity could harm the economy and living standards by stifling market forces. He warned against concentration of power, cited global competition, and noted textiles remain a low profit sector with limited gains from mergers and acquisitions.
MENTIONED IN THIS ARTICLE
Washington
Spencer Love
Senate
Love
Burlington Industries
N.C
Indus
America
Mve
Burlington
Boone Pat
Eisenhower Comments on Senate Probe and Soviet Talks
President Eisenhower voiced cautious support for a congressional commission on loyalty security but warned the government should not rush into war over Soviet satellites. He urged measured moves on disarmament and signaled a Geneva focus, with possible limited European travel and no strong endorsement of broader investigations.
MENTIONED IN THIS ARTICLE
Yates
Sen
Kefauver
Dtenn
Senate
Keyee
Ebenheioer
Eisenhower
House
Congress
Iion
Coun
Geneva
Harold FE
Mibet Tote
Stassen
United States
Newemen
Ale
Specifications Are Assailed Before Committee
A committee heard testimony on procurement practices as a firm claimed it did not seek the business and cooperated only because required by policy. The exchange centered on process and implications for fair contracting.
MENTIONED IN THIS ARTICLE
Bs Py FE
Allison Confers With Rhee
SEOUL reports M. Allison conferred with President Syngman Rhee amid efforts to ease tensions between South Korea and Japan. The talks aimed to patch strained relations and clarify Japan's stance toward the Communist world.
MENTIONED IN THIS ARTICLE
Seoul
M. Allison
Tee
Japan
Tuee
Allison
Hetaeen
South Korea
Truck Drivers Strike Continues After AT Warning
A major East trucking firm Associated Transport told 17 000 drivers to report on standby as wage talks stall in Southern New England. Union negotiators claim drivers are on the premises though no contract is signed. The dispute risks plant curtailments as freight piles up and a broad network awaits resolution.
MENTIONED IN THIS ARTICLE
Boston
New England
Associated Transport
Whion
Chester G. Trick
Worcester
Seabee
A Warn
Ing
John H. Welch
Meppees Steen
AFI Teamsters Union
Cneredi
Oan
Connecticut
Rhode Island
Georgia
Cincinnati
Steel Strike Deadline Nears Across Major Plants
The article reports looming strike threats as major steel producers consider raises around 1 cent an hour with higher talk of 10 to 14 cents. U S Steel president Hood warns a wholesale strike would damage the nation. USW chief McDonald defends a wage increase amid strong profits in the industry.
MENTIONED IN THIS ARTICLE
Aaron
Steel
Inland
Re_— Steel Corp
Bethlehem ,Steel
Domes & Laughlin
Yourstown Sheet & Tubegg Hood
U.S
Whetts Snauaeeel
Avid J. J. McDonald
eDona the
USW
Buffalo Courier-Express
Molony
Pittsburgh
United Auto
Also Mentioned on This Page
Admiral Nyohne
Allis Chalmers Mfg
American _. Pa
American
Roe Airplane
Bor Arner Weet
Rudd Company
Burlington Tusee
Ampion
Make & Ohio
de Chrysler Corporation
Coca Cola
Columbia Gas & Elec
Consolidated Egicon
Ice
Continental Can
Scccseeees
Continental Motor
Continental Oo
Curtis Wriee
Delaware
Ck & Westcoos
Douglas Aircraft
Dew
Etenee
Dupontemour
Seecccsesddae
Eastman Kodak
Firestone
General Electric
General Foods
Louisville & Nashvil Cooseee
Magnavox Radio
Montgomery Ward
Motorola Radio
Murray Corporation
National Biscuit
National Ash Register
National Distillers
New York Central
Ceseees
Avia Sessseee
Ohio Ol Company
Paramount Pictures
Penney J.C. Oo
Phillips Petroleum
Pure
Pure O11
Radio Corporation
Remington Rand
Republic Steel
Reynolds
Seaboard al
Sears Gtoebuck
Southern Pacific
Oo’ Railway
Ry Corpeeteeee Standard
Sylvania Elec
Texas Company
Tex Guilt
Texas Guilt Sulphur
Textron Corporation
Trans & Western Air
Union Carbide
Union Pacific
United Airlines
United Aircraft
United Corporation
United Gas
U.S. Smelting & Ref
Stee
Anadium
Vieete Case Coserieal
West Alito Supp
J. F. Prevo
Cy Tanial Bag Life Insurance Co
le Bea
Goody
High Point
Vine
Lee W. Boswell
Jarrell
Church Street
Sears Auto Store
Vick’s
Cnllelal
Ike
Boas
Rhee
Harllee
Esso Standard Oil Company
New
Mardwich
A. O. Seine
Calerie Incinerators
Son
Esso Standard of Company
Esso
Essotane
N. Main & Montlieu Ave
P.O
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