Industrial stocks drift as General Dynamics rises on bomber news
The stock market shows steady to higher trends with General Dynamics advancing briefly on reports the Air Force may order the first large batch of B56 supersonic bombers from Convair. Raytheon and Republic Aviation gain while Phelps Dodge and Kennecott fall. The Dow average slips as oils and other issues move.
MENTIONED IN THIS ARTICLE
General Dynamics
Air Force
Convair
Raytheon
Republic Aviation
Boeing
Martin
United Aircraft
General Electric
Philco
Navy
Phelps Dodge
Kennecott
Anaconda
Gulf
Royal Dutch
Bit International Oils
Los
Business clamor against high taxes grows across industries
Industry leaders warn high corporate and personal tax rates threaten long term jobs and investment. They call for new depreciation rules and faster amortization to spur expansion, while firms relocate to lower tax areas or warn cities to curb tax increases or risk losing business.
MENTIONED IN THIS ARTICLE
New York
Puerto Rico
Hinshaw speaks on North Carolina in compare and contrast
Dr. C. R. Hinshaw of High Point College delivered a study on North Carolina facts in production natural resources and history at the Professional Men's Club meeting hosted by Dr. P. P. Little. C. E. Yokely introduced him with Victor Blackburn replying for the club.
MENTIONED IN THIS ARTICLE
C. R. Hinshaw
High Point College
P. P. Little
North Carolina
C. E. Yokely
Victor Blackburn
Jaycee hubcap project tied to rise in thefts
Police link a Jaycee hubcap engraving drive to an uptick in auto accessory thefts. Six incidents were reported including gas drain from a tractor, mirror and hubcap losses, fender skirts, a flipper hubcap, and a damaged vent window during hospital visits.
MENTIONED IN THIS ARTICLE
Jaycee
Carl Bailey
Golden Bros
Progress Street
Chase Lassiter
Sunset Drive
Darrell Cathcart
W. Howell Street
Gurney Snider
Neill
Pontiac
Monthew Avenue
Frank Hayes
Route 7
Greensboro
Morial Hospital
Quaker Lane
Jerry Lee Tally
Young Street
Phil
Dow Jones Averages Snapshot From Market Report
Dow Jones Averages furnished by Bache and Co show the industrials around 449.28 with rails near 106.91 and 106.07, utilities about 13.72, and overall activity volumes in the hundreds of thousands. The figures reflect prevailing market movements with declared prior and current readings.
MENTIONED IN THIS ARTICLE
Ers
Texas Co
Sinclair
International Harvester
Goodyear
Associated Press
Bache & Co
American Can Co
Ailied Chemical & Dye
Adams-Millis Corp
American Tobacco Co
Bethelehem Steel
Burlington
Fer
New York Central RA
Lis Corp
Carolina Light and Power al DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Lowe's Inc
Norfolk & Western
Hiroshima protests Truman over atomic bombing remarks
Hiroshima officials deliver a second protest to ex President Truman after he said on TV he had no qualms about the atomic bombing. The Municipal Assembly also sent a protest following his remarks 12 years after the event.
MENTIONED IN THIS ARTICLE
Hiroshima
Japan
Harry Truman
Truman
Dermatologists Meet North and South Carolina Specialists
North and South Carolina dermatologists gather to study skin diseases and examine patients at the South Carolina Medical College Teaching Hospital this Saturday.
MENTIONED IN THIS ARTICLE
North and
South Carolina
South Carolina Medical College
City Known as Porkepolis for Meat Packing Roots
Cincinnati earned the nickname Porkepolis due to its large number of meat packing plants and related industry presence, shaping its historic economic identity.
MENTIONED IN THIS ARTICLE
Cincinnati
Porkepolis
Pilferer Targets Evangelist During Church Service
A visitor at E. Green Street Baptist Church stole Evangelist Clift Brannon's pocketbook after a revival sermon. Brannon reported a missing billfold from his overcoat in a back room and noted $15 in currency was gone.
MENTIONED IN THIS ARTICLE
Clift Brannon
E. Green Street Baptist Church
Evangelist Brannon
Also Mentioned on This Page
Business Mirror
By Sam Dawson
Jly
Colored News
YMCA
Carl Chavis Ymca
William Penn High School
Legion Auxiliary
Ladies Auxiliary of the American Legion
Hattie Leach
Underhill
Prince Hall Masons
Toussaint L’oveture Lodge
The
Ushers Union
Fannie Smith
Hoover St
Dow-Jones
W. B. Clark
Oldsmobile
Highland Motors
N. Main St
E. B. Gamble
High Point
No. Main St
N.C
al Bernot
J. Wilson Rogers Insurance Agency
Dermatologists
Uae
Proper Life Insurance Service
George D. Davis
C.llu
TEL
High Point Enterprise
Idaho
Santa Fe
N. M
S. Main St
Summit Ave
Main St
Lexington
Plymouth
Betty White
Lawrence Welk
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