Market Closes Higher As Wall Street Extends Gains
New York stocks moved up early with fractional advances across many leaders. Turnover matched yesterday’s pace as buyers pushed several industries higher, led by steel, automobiles, rails and chemicals amid easing tensions and cautious optimism.
MENTIONED IN THIS ARTICLE
New York
U.S
Chrysler
Ford
Southern Railway
Illinois Central
International Nickel
Phelps Dodge
Union Carbide
Air Reduction
American Cyanamid
Schering
Douglas
Westinghouse
Caudle Sentenced as Appeal Pending Bond Set at Five Thousand
Judge Nordbye allowed Connelly and Caudle to remain free on five thousand dollar bonds each pending appeal. Both defendants spoke to the court while attorneys urged leniency. Connelly defended his integrity and trust with the president, while Caudle argued he did not fix the tax case and lamented past prosecutions.
MENTIONED IN THIS ARTICLE
Nordbye
Connelly
Caudle
United States
John H. Lashly
John J. Hooker
Caudie
Ives and 1892 Color Photography Invention
Frederic Ives, an American inventor, created color photography in 1892 marking a milestone in photographic technology and technique.
MENTIONED IN THIS ARTICLE
Frederic Ives
Dow Jones Averages Report From Market Desk
The Dow Jones averages show activity across 65 stocks with prominent listings in the industrial and utilities sectors. Bache Furnished quotes reflect mixed volume and price movements in 188 23 15 figures, with rails and utilities highlighted.
MENTIONED IN THIS ARTICLE
Bache A
Moet
Ata Aoba
Wage and price rise clip fuels debate on costs
The April 1 coal wage boost of 80 cents a day and a 25 cent per ton rise in Southern mine prices spur talk of a 1% million workers getting raises. The Labor Department notes five million workers expect increases this year amid debates over wage driven inflation.
MENTIONED IN THIS ARTICLE
New York
Labor Department
Eisenhower
First National City Bank of New York
U.S. Department of Commerce
Bank
Heritage Group Opens First Meeting Tonight at Library
The public library hosts the first session of its American Heritage discussion series this spring at 8 p.m. A film titled Productivity: Key to Plenty will be shown and led by extension librarian Mrs Georgia Cox. The six weekly Tuesday meetings run through April 9 and are open to adults.
MENTIONED IN THIS ARTICLE
Public Library
Georgia Cox
Reinhold Mueller Passes Pharmacy Board Exams
Reinhold E. Mueller of High Point is among 24 candidates who passed the examination for registered pharmacists. The tests were held at the University of North Carolina School of Pharmacy by the North Carolina Board of Pharmacy.
MENTIONED IN THIS ARTICLE
Reinhold E. Mueller
High Point
University of North Carolina School of Pharmacy
North Carolina Board of Pharmacy
Funeral rites for Earnest French held at Hoover's
Funeral services for Earnest French of 1201 West Street will be conducted. He is survived by his wife Mrs. Mable French, one stepdaughter Mrs. Mildred Bates of High Point, three brothers James French of New York City Laundun and Norman of Gun Fork Virginia. The body remains at Hoover's Funeral Home until the hour of services with interment in Greenhill Cemetery.
MENTIONED IN THIS ARTICLE
Earnest French
West St
Mable French
Mildred Bates
High Point
James French
New York City
Laundun
Norman
Gunfork
Hoover
Greenhill Cemetery
AB Club Votes To Co-Sponsor Little League
The Furniture City American Business Club votes to co-sponsor the Little League baseball program in High Point this summer. The club will work with the High Point American Business Club to supervise the program and teams are divided into National and American Leagues. Cal Anderson presided. Arthur York won the attendance prize.
MENTIONED IN THIS ARTICLE
Furniture City American Business Club
High Point
High Point American Business Club
H. A. Moffitt
Moffitt
Cal Anderson
Arthur York
Obedience Class For Dogs Opens Next Tuesday
A dog obedience class begins at the YMCA next Tuesday night at 8 o clock. Sponsored by the Furniture City Kennel Club the class is led by Ellen Fisher of Greensboro. Enquiries for enrollment can be directed to K H Blanck at 1207 Hurdover St.
MENTIONED IN THIS ARTICLE
YMCA
Furniture City Kennel Club
Ellen Fisher
Greensboro
K. H. Blanck
Hurdover St
Realty Transfers in High Point and Jamestown Townships
In High Point Township G M Spinnett and wife transfer to R W Hallender and wife a Blair wood lot. B R Moore and wife transfer to R Y Vaughn Jr and wife a Elliott l lot. W W Wilson and wife transfer to Mrs Lois F Winslow a Fairmont Park lot. R C Eaton and wife transfer to R D Bradley and wife a Oakview Acres. In Jamestown Township H C Bray Building and Supply Co to Robert A Gray and wife a Elsiewood subdivision lot.
MENTIONED IN THIS ARTICLE
G. M. Spinnett
R. W. Hallender
Blairwood
B. R. Moore
R. Y. Vaughn Jr
Elliott l
W. W. Wilson
Lois F. Winslow
Fairmont Park
R. C. Eaton
R. D. Bradley
Oakview Acres
H. C. Bray Building and Supply Co
Robert A. Gray
Elsiewood
Missiles Expert Is Ordered Tried At Redstone Arsenal
Col John Nickerson Jr a 1938 West Point graduate and missiles expert faces court martial at Redstone Arsenal with 18 specifications under the Uniform Code of Military Justice He allegedly transmitted secret documents to unauthorized persons and failed to safeguard defense information including materials to Erik Bergust Drew Pearson and William Hunt of Reynolds Metals Co The trial was ordered to begin within six weeks by Lt Gen Thomas F Hickey the 3rd Army commander and charges were filed February 5 at the arsenal.
MENTIONED IN THIS ARTICLE
Atlantap
Redstone Arsenal
John Nickerson, Jr
West Point
Thomas F. Hickey
Ard
Army
Nickerson
3Rd Army
Navy
Air Force
Erik Bergaust
Missiles and Rockets Magazine
Washington, D.C
Drew Pearson
John A Baumann
Radio Corp. Oferica
William F. Hunt
Reynolds Metals Co
Royster Steps Down From Post
Fred S. Royster of Henderson resigns as president of the Bright Belt Warehouse Assn. Inc. and becomes managing director full time. The board approved the change and a rotation-based presidency and vice presidency were adopted. J. E. Johnson of Lumberton elected vice president. Guy E. Barnes of Rocky Mount reelected.
MENTIONED IN THIS ARTICLE
Raleigh
Fred S. Royster
Henderson
Bright Belt Warehouse Assn. Inc
Bright Belt Group
J. E. Johnson
Lumberton
Guy E. Barnes
Rocky Mount
Royster
Heart Attack Proves Fatal To Newsman Brown
Bertram Hoole Brown associate editor of the Greensboro Record died of a heart attack at age 50. A former reporter and city editor for the Greensboro Daily News, he was known for the daily column BB Shots. Survivors include his wife Nellie Grissom two sons Bertram Irvin and Wiley Grissom a daughter Claire Cooley and a sister Mrs John G Peacock of Fremont.
MENTIONED IN THIS ARTICLE
Greensboro
Bertram Hoole Brown
Greensboro Record
Greensboro Daily News
Brown
Nellie Grissom
Bertram Irvin
Wiley Grissom
Claire Cooley
John G. Peacock
Fremont Brown
Bertram Irvin Brown
Ng EE
Mechanics' Class Opens Tonight on N Main Street
A 50 hour automatic transmissions course starts tonight at W F Mauldin Buick Co instructed by A G Apple. Sessions run 7 to 9 p m every Tuesday and Thursday. Limit of 15 students with seven applications received. Open to mechanics or apprentices. sponsored by city school system vocational education division.
MENTIONED IN THIS ARTICLE
W. F. Mauldin Buick Co
N. Main Street
Bruce Roberts
A. G. Apple
Mauldin Mechanic
Roberts
City School System
Parachute Jump Ends With 12 Airmen Uninjured
Twelve airmen parachuted during a cargo and passenger operation near a lake landing. They were rescued within an hour and taken to Highway Patrol headquarters then Fort Jackson for medical checks. One reported a sore shoulder. others were fine.
MENTIONED IN THIS ARTICLE
Big Lake
Eee
Greenspan
Charleston
Highway Patrol
Fort Jackson
Central Dispensary
Vernon Nelson
Topeka
Kan
William Burke
St. Joseph, Mich
Plea for Witchweed Quarantine Renewed Across Two States
North and South Carolina agricultural officials pressed for a federal quarantine to eight counties where witchweed, a parasite attacking corn, has been found. They seek federal aid and compensation during the quarantine period and note potential crop losses if unchecked. Representative Lennon warned the pest could threaten corn similar to the European corn borer, with high economic impact.
MENTIONED IN THIS ARTICLE
Washington
North
South Carolina
Agricul
Department
Far East
North Carolina
Bladen
Columbus
Cumberland
Robeson
Dillon
Horry
Marion
Marleboro
Lennon
Chevine Sprott
D.C
Also Mentioned on This Page
Stock Market
F. W. Woolworth Co
Dow-Jones
Business Mirror
By Sam Dawson
Heritage Group
Seman Adult
Cox
Reinhold Mueller
Pharmacy
Colored News
High Point Township
Jamestown Township
Main ST
Thoro
Ward ST
Lake
Ingram’s
Elliott’s
Goody's
Carolina
Kivett Drive
Erent
Mia
Sheraton Hotel
Men's Shop
England
Baker
Hathaway
Cavanagh
Gordon
Oaks
Baracuta
Norman Hilton
Izod
Corbin