Stock Market News Depression Deepens As IBM Leads Slide
Cotton futures opened higher by 25 to 35 cents a bale while the stock market sank in heavy late morning trading. The AP average of 60 stocks at noon fell 2.20 to 243.70 with industrials down 3. Utilities dropped over 2, and IBM tumbled to a yearly low of 430 after a brief rebound. Trading volume reached a million shares in the second hour as fear of further declines kept selling pressure high.
MENTIONED IN THIS ARTICLE
New York
Associated Press
IBM
Polaroid
Xerox
U.S. Gypsum
Merck
Burroughs
At&t
Public Service Electric & Gas
Republic Steel
Jones & Laughlin
Baltimore & Ohio
Santa Fe
Dow Jones
American Stock Exchange
U.S
Ae Prev
Allied Cheeeenews
Enka Beeseens
Am Motors S - Dee
Greyhound Eee
Burland See
Eaters
Gulf Oil Corp
e+eee
Burroughs Corp 407
Int Nickel
Caro P&l
Wees
Tel & Tel
Celanese Corp
Kelsey Hayes
P&f
Keet Cop
Ches & Ohio
Liggett & Myers
Coca-Cola Serene
Columbia G&e
Lorillard
Coml
Eeee
Monty Ward
Motorola
Dow Chem Douglas Airc
Nat Distillers
Eereee
DuPont deNee
NY Central East Airl
Ennee
North West
Eastman
Teewee Enw Nner
Va-Caro Chem
Va. P&p
Eee
Ewee
West Md
West Union
Tornadoes and High Winds Strike Midwest and South
The Associated Press reports violent weather across parts of Illinois Indiana Michigan Mississippi Missouri Kentucky Texas Oklahoma and more. Eight killed up to 100 injured and millions in property damage with 105 mph winds and 1 to 2 inch hail. Damage includes Springfield McClernland School collapse. widespread downed lines and uprooted trees.
MENTIONED IN THIS ARTICLE
Associated Press
Midwest
Illinois
Indiana
Michigan
Mississippi
Missouri
Kentucky
Texas
Oklahoma
Arkansas
Tennessee
Alabama
Ohio
Chicago Weather Bureau
Louisiana
Lufkin
St.Louis
Springfield
Ill
John Cavitt
McClerland
Over Counter Stock Quotes From May 1 1962 Bid and Ask Prices
The listing presents unofficial bid and asked prices from the National Association of Securities Dealers and other sources for May 1 1962. It notes these figures are guide ranges not actual transactions and includes numerous company names with bid and ask percentages alongside.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Kavanaugh-Smith
BRTOE
Life
Scottish Bank
Security L.&t. Co
Soroban Eng. Inc
Allied Security Ins
Allvae
Amer
Amer Fidelity Life
Boston Capital Car
Botany Industries
Colonial Stores
Crumpton
Houston Corp
Intermountain Tel
Jefferson Standard
Standard Motor Prod
Thomasville Industr
U.S. Leasing Wachovia Bank
Wise Homes
North State
Furniture Market News Highlights Regional High Buyership
Reports from Furniture Factories Marketing Assn of the South show continuing heavy attendance and steady orders across showroom centers along the Furniture Point corridor. Lenoir Drexel and the Kent Coffey Fairfield Blowing Rock showroom attract large buyer crowds while Hickory Lexington Thomasville and Winston Salem exhibit strong market activity as a week-long market ends Friday.
MENTIONED IN THIS ARTICLE
Lenoir
Drexel
Kent-Coffey
Fairfield
Blowing Rock
Hickory
Lexington
Thomasville
Winston - Salem
Furniture Factories Marketing Assn. of
South
Negroes Start Journey to New York Amid Unclear Bus Count
A group of Black travelers left for New York on a bus run led by Singelmann amid uncertainty over passenger totals. Names and ages appeared for some riders, with a few choosing Chicago or Los Angeles as destinations. Singelmann supplied $5 to most travelers and $100 to one family, amid pressure from civil rights groups.
MENTIONED IN THIS ARTICLE
Geles
Denham
California
Los Angeles
Robert Therrie
Washington Holley Jr
Charley White
Fred Spooner
Singelmann
John Keretz
New York
Eddie Sauer
National Association For the Advancement of Colored People
Congress of Racial Equality
Chicago
Dummy Patrol Officer Gets Results
State troopers used a dummy officer and a dummy speed trap on N C 87 near Elizabethtown to curb speeding. A live trooper later stopped a weaving driver, arrested for drunken driving, who credited the dummy for the distraction.
MENTIONED IN THIS ARTICLE
Elizabethtown
N.C
Also Mentioned on This Page
Thera Hotel
Taft
Som Si
Times Square
Radio City
Alfred Lewis
Mgr
Rialto Theatre
Cary Grant
Eva Marie Saint James Mason
Une Witchcocks North
Iy Northwest
Vlumicom
Technicolor
Sandi Dee John Gavin
Ross Hunter
Ray True
Eastman Coor
Ier
Metro Coletti
MATER
Gary Charlton Cooper
Heston
Percy Parry
Aehas Waasten
Mary Deare
Murray C
Johnson
Larry Emerson
Archdale
Larson
C.R.D
Larson’s
C R.D
Ly A
Larson's
Mann Drug CO
TIME
Ingmar Bergman
Capone
Dillinger
Walt Disneys
Disney Cartoon
Moh Point
Natalie Wood
Warren Beatty
Robert Ryan
Music Box
TOP Star Playhouse
Ward & English Sts
High Point
Johnny Cash
Tall Man
Featuring
June Carter
the Glaser Brothers
Gordon Terry
Johnny Western
Tennessee Three
Maybelle Carter Mae Wiseman
TAX Inc
Brothers Bar-B-Q Bell Record Shop — Payne BR. Grocery
Horneytown Fire Dept
Cecil
Office Equipment CO
S. Main ST
Pat Boone
Bobby Darin
Pamela Tiffin
Horace G.ilderton
Onal
High Point, N. C
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!