Market swings as stocks drift amid mixed industrial averages
The New York market opened with uneven moves as the Associated Press average held at 237.70 while the Dow fell 1.33 to 659.75 at noon. Major issues across sectors showed fractional gains and losses, with electronics softer and utilities rising, while airlines, tobacco, and steel shares mixed.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Armour
National Daily
Lockheed
National Air Lines
American Machine & Foundry
Brunswick
Boeing
U.S
Standard Oil Ind
Standard Oil NJ
Stevens, J.p.co
Ledge
Textron Corporation
Union Bag Co
Union Carbide
Union Pacific
United Airlines
Prey
Adams Millis
Allied Chem. & Dye
Allis Chalmers Mfg
American Enka
American Motors
American Tel & Tel
American Tobacco
Atchison, Top &Sf
Atlantic Coast Line
Atlantic Refinery
Baltimore & Ohio
Bendix Aviation
Bethlehem Steel
Boeing Airplane
I Borden Co
Consolidated Edison
Dan Rivet
Douglas Aircraft
DuPont de Nemour
Eastern Airlines
Firestone Rubberies
Fordancer Thie
General Electric
General Motors
iGerber
Goodrich Rubber
Goodyear Rubber
Greyhound Bus
Gulf Olkos Asvenace
ST Int. Paper
Kennecott Copper
Liggett & Myers
Lockheed Aircraft
McLean Trucking
Montgomery Ward
National Biscuit
National Distillers
New York Central
North Amer
Asia
Northern Pacific
Ohio Oil Company
Penny J.C. Co
Pennsylvania Ee Ésies
Pepsi Cola
Pure Oi Co
Radio Corporation
Republic Steel
Seaboard al RR
Sears Roebuck
Southern Railway
Standard Brands
Standard Oil Calif
United Aircraft
V. S. Rubber
CN Oats Ue
Virginia Elec & Pow
W. Va
Cannon Mills
Champion Pap & Fibe
Caumbia Gas & el
Curtiss Wright
Dow Chemical
Eastman Kodak
General Foods
Gen, Tel and Tel
Nickel Can
Tel and
Lorillard & Co
Motorola Radio
National Dairy
Norfolk & West
Paramount Pictures
Phillips Petroleum
Reynolds Tobacco
Sperry Corp
Virginia-Care Chem
West Maryland
Westinghouse Elec
Zenith Radio
High Point Bonds Sold At Slightly Lower Rate
High Point sold 4 million dollars in city bonds to an 18 firm syndicate at 3.2187 percent. Eight bidders competed, signaling strong credit. North Carolina National Bank helped enroll the Tar Heel firm in the syndicate. Proceeds fund water sewer and electrical facilities expansion under authorized up to 5 million bond plan.
MENTIONED IN THIS ARTICLE
High Point
North Carolina National Bank
Raleigh
Local Government Commission
Clarene Pearson 70 dies. rites set in High Point
Mrs. Clarene Pearson 70 of 307 Baptist St died Sunday at High Point Memorial Hospital. Born in Spartanburg, she lived in High Point five years. Surviving daughter Thelma Carter Savannah Ga and son Jesse W Alexander Great Neck NY. Funeral tomorrow at 3 p.m. Hairlip Funeral Chapel Rev J J Moore to officiate. Burial Greenhill Cemetery. Also notes Leon Vanderhall Johnson C Smith University made Honor Roll for last semester.
MENTIONED IN THIS ARTICLE
Clarene Pearson
Baptist St
High Point Memorial Hospital
Spartanburg
High Point
Thelma Carter
Savannah
Georgia
Jesse W. Alexander
Great Neck
N.Y
Hairlip Funeral Chapel
J. J. Moore
Greenhill Cemetery
Leon Vanderhall
Johnson C. Smith University
Charlotte
Leon
Robert Vanderhall
Martin T
Education Group Sets Meet Here
Teachers and supervisory personnel from High Point will attend the annual state meeting of the North Carolina Association for Childhood Education here Saturday at Northeast Junior High School. Highlights include a morning address by Philip Geary, traveler and TV personality, who directs Air Age programs for Continental and Scandinavian Airlines System. Dr. Dean Pruette, High Point City Schools superintendent, will speak at lunch. he has led High Point since 1952 and serves on the American Association of School Administrators advisory council. Mrs. Ralph Miller of High Point is vice president of the nursery and kindergarten division.
MENTIONED IN THIS ARTICLE
High Point
North Carolina Assn
Northeast Junior High School
Philip Geary
Geary
Scandinavian Airlines System
Continental Airlines
Dean Pruette
Pruette
Shelby
Valdese
the American Assn
Ralph Miller
Association
President Kennedy outlines disarmament work and policy hints
The president said his disarmament chief works full time on an American position with a summer completion target. He has no current plans to address the United Nations General Assembly. Kennedy favors a 40 hour week for growth and jobs, but opposes a general policy shortening it. He announced defense contracts to small firms totaling 3.44 billion dollars and aims to raise that share by about 0.1 percent. A heart disease and cancer conference will be held at the White House April 22 with medical leaders nationwide. On highways, funding depends on Congress action to sustain the interstate program.
MENTIONED IN THIS ARTICLE
Clay
United Nations
Presdent
United Nations General Assembly
New York
Kennedy
Army
Navy
Air Force
White House
Nelson A. Rockefeller
Congress
Dow Jones Averages at Noon and Close
The Dow Jones list shows industrials at 658.75 at noon and 661.08 at close, rails at 14207T, utilities at 109.01, and stocks at 222.41. Volume totals reach 4.9 million by day end with 2.03 million at noon.
MENTIONED IN THIS ARTICLE
Py Bache & Co
Cotton futures rise at opening in New York trade
The cotton futures market opened today with gains of 25 to 40 cents per bale. The report notes corn cultivation nationwide and widespread farming activity across the United States.
MENTIONED IN THIS ARTICLE
New York
Rainbow Weavers Name Change at Burlington Plant
Burlington Industries weaving plant in High Point North Carolina will be renamed Rainbow Weavers. Plant Manager Eugene Boyle announced the name for publicity advertising and promotional programs.
MENTIONED IN THIS ARTICLE
Burlington Industries
Rainbow Weavers
Eugene Boyle
High Point
N.C
Kennedy plans new farm program via two thirds vote
Growers could enact measures by two thirds of involved growers, with Congress having a 60 day limit to veto if the plan misfits national agriculture or spends too much. Kennedy supports the reform, delegating authority to the president and secretary of agriculture to use existing tools like payments, loans, and purchases. Humphrey helped shape the proposal as a remedy to piecemeal feed grain battles, amid stalled farm legislation and a Senate House conference deadlock over compliance provisions.
MENTIONED IN THIS ARTICLE
Congress
Kennedy
Secretary ‘of Agriculture
Hubert H. Humphrey
D-Minn
Humphrey
Senate House Conference
Allen J. Ellender
D-La
Senate Agriculture Commitee
Honduras Leads Caribbean Banana Industry in Ananas Output
Honduras produces the most ananas and claims about one third of Caribbean banana industry output. This indicates Honduras as a regional leader in fruit production.
MENTIONED IN THIS ARTICLE
Honduras
Six cars damaged in three city collisions yesterday
Approximately $700 damage was inflicted to six automobiles in three traffic crashes yesterday. No injuries were reported. Citations were issued to Eugene Little Jones and Edith Stirewall Bentley, both to appear in Municipal Court. A separate crash at English and Ward streets involved Maggie Naomi Kennedy and John Ira Farr with $175 total damage.
MENTIONED IN THIS ARTICLE
Eugene Little Jones
Montheu Avenue
Edith Stirewall Bentley
Manor Drive
English and
Ward Streets
Rt. 4
Thomasville
Harrisburg
Maggie
Naomi Kennedy
English Street
Ward Street
John Ira Farr
Rt. 1
Farr
Kennedy
Mangum Avenue
Blair Street
Eugene Little ‘Jones
Eula Coleman Hall
Myrtle Street
Jones
Hall
Edith S. Bently
Montlieu Avenue
Centennial Avenue
Bently
Montlieu
Centennial
Man Reports Old Wagon Is Stolen
Howard Joyce of Skeet Club road reported a one horse wagon stolen from his farm storage. Neighbors saw a wagon being towed toward Oak View road from Joyce hen area. A man previously discussed buying the wagon for 15 dollars and planned to return this week.
MENTIONED IN THIS ARTICLE
Howard Joyce
Skeet Club Road
Oak View Road
Joyce
Picnic Areas Readied at City Lake and Parks
The Parks and Recreation Dept announces picnic areas at City Lake Armstrong Park and Washington Terrace are ready for use. City Lake shelters are reservable for day use. New picnic areas are planned at Ferndale Drive end and Nathan Hunt Drive and Kearns Street corner.
MENTIONED IN THIS ARTICLE
City Lake
Armstrong Park
Washington Terrace
Parks and Recreation Dept
Ferndale Drive
Nathan Hunt Drive
Kearns Street
Lincoln T Baker Grand Nephew Of Abraham Lincoln Dies
Lincoln Todd Baker of East St. Louis Illinois aged 81 died at home Monday night He was a grand nephew of Abraham Lincoln and his grandmother was Mary Todd Lincoln sister
MENTIONED IN THIS ARTICLE
East ST. Louis, Il
Lincoln Todd Baker
Abraham Lincoln
Mary Todd Lincoln
Linville Manning A Mayflower Institute Graduate
Linville Manning offers local or long distance moving estimates. Call for a free estimate and details.
MENTIONED IN THIS ARTICLE
Mayflower Institute
Linville
Firemen Answer Two Alarms Here
An overheated fluorescent light ballast caused the first alarm at 8 55 a m for a dwelling on Coun try Club Drive. A gas leak around a car in the 600 block of Nathan Hunt Drive at 9 40 a m ignited and caused about 25 dollars in damage before crews arrived.
MENTIONED IN THIS ARTICLE
Country Club
Nathan Hunt Drive
Money Stolen From Laundry at College Village Shopping Center
Police investigated the theft of money from dryers at Dee's Laundry in College Village Shopping Center. All dryers were broken into during the night and damage is being assessed. a previous incident at the same location involved broken open machines and significant damage.
MENTIONED IN THIS ARTICLE
Dee
College Village
Auxiliary Plans To Aid Family In Fair Grove
Fair Grove Fire Department Auxiliary discussed help for a family burned out of its home early Friday morning. Mrs. Raymond Nicholson presided. four new members were welcomed: Mrs. William Fox and Mrs. Arlie plus two others.
MENTIONED IN THIS ARTICLE
Fair Grove
Devotional Service Led by Mrs Lyndon Ingram
Gray Miller and Mrs C C Smith attended the event with Mrs Doyle Bell in a devotional service directed by Mrs Lyndon Ingram. Hostesses were Mrs Nicholson and Mrs Arnold Fuller.
Also Mentioned on This Page
Colored News
Dow Jones
Unite States
Burlington
Lincoln T. Baker
Linville Manning
Granville
Mayflower
Granville Bonded
S. Hamilton St
Dial
ST Heley Raiders
Luzon
Rialto Theatre
CaRdinaux
weaGen Os As
FBI
Mar
the Platters
David Houston
Bob Lyman
Lucia Chase and
Oliver Samit
Serand BA Rta
Doug Woes Ferrandez
Addor Tetley
BOX Office
Greensboro
Coliseum
Ellis Stone
RITZ
Humphrey Bogart and
Fredric March
Metrocolor
Dolores Hart
George Hamilton
Yvette Momicux
IOM
Barbara Michols
Paula Prentis
Seeey Connierancis
Cameron Mitchell
John Lupton
Prive
MSN Poues Pemaar
Gene Stratton-Porter
Martin West
Freckles
Colon
Robert Joan Edmond Wagner Collins
O'Brien
House of Bamboo
Robert Ryan
Robert Stack
Shirley Yamaguchi
Cameron Mitchel
See
A CinemaScorpion
DE Luke
Fight Films
Ry Nata
Johansson
Peleared
United Artists
Rock ‘N
Fabulous Five
Dixieland
High Point Recreation Center
Ammed
Es UA Ea Ak
NEW Service Laundry
Centennial Ave
K & W Cafeteria
Amalie
Tel
Blue Bell, Inc
Cone Mills Corporation
P. H. Hanes Knitting Company
Winston-Salem
General Boy Scouts OF America
Greensboro Coliseum
N. C
Is & Scouts
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