Stock Market Tugs Lower After Recent Gains
Stock prices eased early afternoon after three straight gains with mixed results across sectors. Steel, rail, and certain chemical stocks declined while radio and building materials steadied. major firms like Chrysler rose, GM eased, and the AP average fell about 40 cents.
MENTIONED IN THIS ARTICLE
New York
Wall
St. Joseph
Republic Aviation
Port Washington
N.Y
Greentown
Philco
Radio Corp
Zenith
Dow Jones Averages and stock listings with extant notes
The report lists Dow Jones averages by sector with closing values and volume figures and catalogs numerous company excerpts including New York Central Railroad Douglas Aircraft DuPont Dow Chemical and General Electric among others. It notes the San Benedicto Island wren became extinct due to volcanic birth on the island.
MENTIONED IN THIS ARTICLE
Bache & Co
New York Central RR A
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Harvesters
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western Ry
Phillips
San Benedicto Island
Third Force Evident In Economy Amid Shifting Outlook
New York report notes a shift toward calmer economic appraisal as optimists and pessimists duel. Dr. Paul W. McCracken predicts slower wage and price pressure this year with ongoing costs and thinner profit margins for many firms. Some industries show brighter prospects while others plan cutbacks. Wall Street advisers anticipate gains for large-cap players.
MENTIONED IN THIS ARTICLE
New York
Paul W. McCracken
President's Council of Economic Advisers
Wall Street
Eastern Air Lines routes eyed through Carolinas
CAB examiner recommended granting Eastern new routes from Miami to Chicago via coastal Florida inland Georgia and North Carolina touching Anderson Greenville Spartanburg Charlotte Winston Salem Greensboro High Point and Roanoke plus a Jacksonville to Charlotte leg and an alternate Jacksonville to Greensboro High Point leg. An experimental Capital Air Lines extension in Eastern states was proposed without one plane service northeast of Charlotte to Florida.
MENTIONED IN THIS ARTICLE
Washington
Civil Aeronautics Board
CAB
Eastern Air Lines
Miami
Chicago
Carolinas
W. Rock Grundman
Bureau of Air Operations
Great Lakes- Florida
Chicago - Washington
Grundman
Eastern
Cincinnati
Fort Wayne
Ind
Florida
Georgia
Atlanta
Anderson
Greenville- Spartanburg
D.C
Charlotte
nston-Salem
Greensboro - High Point
N.C
Roanoke
Florence
S.C
Raleigh-Durham
Jamestown Rotary Hears Talk on Boys Home Program
Jamestown Rotary Club heard a film and talk about the Boys Home of North Carolina at Lake Waccamaw presented by J Sanders Dallas. Charlie Turner presided with Ed Washington in charge. Dick Hartman joined as a new member and Dan Austell presented three Boy Scout charters. Lake Crowe of High Point Rotary visited. The meeting took place in the Jamestown school cafeteria.
MENTIONED IN THIS ARTICLE
North Carolina
Lake Waccamaw
J. Sanders Dallas
Jamestown Rotary Club
Charlie Turner
Ed Washington
Dick Hartman
Dan Austell
Jamestown
Lake Crowe
High Point Rotary Club
Horticulturists Film Show For AB Club Meeting
Horticulturist Fred Yoder led High Point American Business Club members through a verbal tour of his work at the Sheraton Hotel. He screened a film on gladioli cultivation. Harold Bennett Jr. supervised the program and Carter Holbrook attended.
MENTIONED IN THIS ARTICLE
Fred Yoder
High Point American Business Club
Sheraton Hotel
Yoder
Harold Bennett Jr
Carter Holbrook
Coble and Burke Appointed to Guilford County Board
In an omnibus bill introduced in the North Carolina Legislature, Raleigh official E T Coble and Mrs Edward M Burke were named to six year terms on the Guilford County Board of Education. The measure was presented yesterday by Representative F Yarborough.
MENTIONED IN THIS ARTICLE
Raleigh
E. T. Coble
Edward M. Burke
Guilford County
International truck dealer offers mixed fleet including demonstrator
Fully equipped International Tractor R-185 in excellent condition. S290 5 International Pick-up demonstrator available with trade and $500 discount. International dump model 1957 priced at $495. KB-6 with long metal furniture body also $495. Numerous other new and used trucks from which to choose.
MENTIONED IN THIS ARTICLE
International Tractor
R- 185
Rhubarb Hold Up Court Trial
Des Moines municipal court session was halted when juror Robert E. Patten 75 asked for a 15 minute recess claiming rhubarb cooking on his stove required attention. He rode a bicycle to court and promised to return promptly to resume the trial.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa
Robert E. Patten
Don Tidrick
Patten
Highway Bill Favored By Senate and House Amendments
Senate panel backs amendment by Sen Calvin Graves to remove the political ban on the highway commission. House committee adopts Rep Womble’s change restricting any supervisory personnel from using position to influence elections. Isle of Pines off Cuba yields grapefruit marble and is famed as Treasure Island setting.
MENTIONED IN THIS ARTICLE
Highway Commission
Senate
Calvin Graves
Forsyth
House
W. F. Womble
Womble
Commission
Cuba
Isle of Pines
Robert Louis Stevenson
Treasure Island
Good Time Charlie Bladder Relief Ad Praises Doan's Pills
An advertisement promotes Doan's Pills as a threefold remedy for bladder irritation backache and general discomfort. It claims soothing effects on bladder troubles fast pain relief and a mild diuretic action. The copy urges readers to try the new, larger size and save money.
MENTIONED IN THIS ARTICLE
Doan
Discrimination Charges Denied in Kwai Film Unit
Sam Spiegel the producer of The Bridge on the River Kwai in Ceylon denied charges that Asians on the production were discriminated against. He said all unit members including European American Japanese Siamese and Ceylonese work together with equal treatment. Prime Minister Bandaranaike ordered an inquiry into the charges.
MENTIONED IN THIS ARTICLE
Colombo
Ceylon
Kwai
Sam Spiegel
Solomon Bandaranaike
Britannia airliner grounded during maiden Sydney to London leg
The Britannia airliner making its first regular flight from Sydney to London was grounded in Darwin Australia due to engine trouble. The tube prop transport aircraft is described as the world’s largest.
MENTIONED IN THIS ARTICLE
Singapore
Britain
Sydney
London
Darwin
Australia
Gene Autry Born in Tioga Texas on Ranch Work
Gene Autry the cowboy singer is recorded as born in Tioga Texas and as a youth he worked on his father’s ranch aiding early musical and ranching life.
MENTIONED IN THIS ARTICLE
Cowboy
Gene Autry
Tioga
Texas
Also Mentioned on This Page
Chrysler
Johns - Manville
U.S. Gypsum
Youngstown Sheet
Lukens Steel
Union Carbide
U.S. Steel
Southern Railway
New York Central
Sinclair
Gulf Oil and Texas Co
Royal Dutch and
Standard Oil
New Jersey
Associated Press
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
Dow-Jones
Cassell St
Business Mirror
Jamestown Club
ON Education Board
GMC
High Point
Truck & Trailer Sales, Inc
Johnson Motor Lines
Isenhour Rick and Tile
Salisbury,n.c
Charlie
George D. Davis
C.L.A
George P. Clark
New England
Mita Cafe
N. Main ST
Britannia
Bell-Ans
Alva
Tam, Reg
Alva Laboratories
Mann Drug CO
Plymouth
Yes
America
Yyncuth
BAYER
Woodbury
Rexall
Alo
Pat, OF
PROM
Personal
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