Stock market drifts in slow trading after mixed start
New York stocks softened in afternoon trading with many majors sagging while a few issues such as copper firms and chemicals held value. Zenith Radio slipped sharply amid general weakness as several big names like General Motors and Union Carbide traded lower and totals neared two million shares.
MENTIONED IN THIS ARTICLE
New York
Esterday
Zenith Radio
U.S. Gypsum
Bethledeem Steel
General Motors
Goodrich
Bell Aircraft
RCA
American Telephone
Western Union
Weinghouse Electric
American Tobacco
Climax Molybdenum
New York Central
Northern Pacific
Royal Dutch Petroleum
Paramount Pictures
Columbia Gas
Montgomery Ward
Admiral Corporation
Alleghany Corp
Allied Chemical & Dye Ovcees
Chalmers
Ssesceeves
Seecsessers
Avco Manufacturing
Baltimore & Onio
Bendix Aviation
Bethlehem Steel
Boeing Airplane
Burgin Tn Cnc
Calumet
Canada
Canadian Pacific
Curtis Wright Sartaeres
Ecoe Aime
Delaware
Lack & West
Eooee
Douglas Aircraft
Dow Chemical Eeneer
Dupont de Nemour
Eastern Air
Leeeee Electric Auto Lite
Firestone
General Electric
General Foods
Glidden
Goodrich Rubber
Nickel Can
Tel & Tel
Kennecott Copper Kroger Company
Libby
Ohio Oil Company
Seeeesss
Pacific Gas & Elec
Penney At Co
Eenee Pennsylvania RR
Pepsi Cola Csccseves
Philco Corporation
Phillips Petroleum
Pittsburgh Pt Gl
Ecssccesecs
Pullman Company
EUS Ol
Official Canvass On Alderman Form Victory Scheduled
In Rocky Mount North Carolina an official canvass was scheduled today following yesterday's referendum. Voters favored retaining the alderman form of government by a five vote margin. Unofficial returns showed 1 775 ballots cast.
MENTIONED IN THIS ARTICLE
Rocky Mount
N.C
Senate Group Sets Tax Plan Details
A senate committee proposes per year figures linking a chain of tax changes. Projections include a 1-20th of 1 percent wholesale rate, 1 percent motor vehicle sales with an $80 cap, and a 3 percent hotel receipts tax. They seek to remove fleet owner exemption and raise premiums from domestic insurers.
MENTIONED IN THIS ARTICLE
Oon Oe
Emily
Runoff Needed After City Council Form Fails Majority
Voters backed the alderman form 1 770 ballots cast favoring the council plan. The May 2 election favored the council plan, but yesterday's runoff became necessary because the plan did not reach a clear majority of votes.
Ike Invites Bulganin and Allies to Summit Plans
President Eisenhower invites Premier Bulganin and Prime Ministers Eden and Faure to a staged summit sequence. The plan calls for pre meetings among leaders and foreign ministers to outline an agenda, with no binding decisions. Dulles Macmillan and Pinay expected to discuss details with Molotov in Vienna ahead of a state treaty signing.
MENTIONED IN THIS ARTICLE
Kremlin
Dulles
Macmillan
Pinay
Molotov
Vienna
Washington
White House
Eisenhower urges voluntary unity against communism
In a page one address President Eisenhower promotes a “solidarity of partnership” to defeat communism through voluntary cooperation. He cites Harold Stassen as peace advisor and stresses disarmament as essential to real peace. He emphasizes highway,C health, and education to raise living standards while Dulles gains authority for a Big Four session.
MENTIONED IN THIS ARTICLE
Eisenhower
Harold E. Stassen
Stassen
White House
Dulles
James C. Hagerty
Ike Agrees To Meeting Of Big Four
Ike signals willingness to meet the Big Four and urges evidence of good faith from Russia. He cites an Austrian independence treaty as proof and notes such a treaty may be ready by week’s end. He previously doubted a summit’s value and proposed a lower level foreign ministers meeting first.
MENTIONED IN THIS ARTICLE
Eisenhower
Sykes Will Get Hearing Thursday
Greensboro Leonard C. Sykes Jr. 37, faces a Thursday hearing on aiding in a 77270 embezzlement at Bank of Greensboro. He also awaits trial on federal wagering stamp violations after FBI complaint.
MENTIONED IN THIS ARTICLE
Greensboro
Leonard C. Sykes Jr
Bank of Greensboro
Sykes
FBI
Ruth Roberts McElvain
McElvain
McElwain
Soda Springs
Calif
Mitchum Sues Over Nude Dinner Article
Actor Mitchum sues Confidential magazine for one million dollars alleging a false and defamatory piece titled Nude Who Came to Dinner. The suit names Charles Jordan publisher Robert Harrison editor Howard Rushmore and others at Confidential, claiming the February Santa Monica party story is untrue.
MENTIONED IN THIS ARTICLE
Santa Monica
Calif
Robert Mitchum
Confidential Magazine
Mitchum
Charles Jordan
Confidential
Harrison
Week's Search For Boy Ends In Billerica Tragedy
A weeklong search for 2 year old Jackie Colby ended with the discovery of his body along brush beside the Concord River two miles from his home. Police Chief John F. Trainor said the child likely fell from the bridge railing fifteen feet above the water.
MENTIONED IN THIS ARTICLE
Billerica
Mass
Jackie Colby
Concord River
John F. Trainor
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Standard Oil Ind
Standard Oil N.J
Esevesseeeckiamh Stevens
Sylvania Elec
MAS Company
Tex Gulf Products
Texas Gulf Sulphur
Textron Corporation
Eccees
Trans & Western Air
Union Carbide
Union
Vick Chemical
West Auto
West Maryland Steccesseccess
Peertee
Eeeeteee
Senate Group
Ike
Bulganin
Vic
DuPont
Monark Shade Go
N. Main
Lambeth, Inc
Main St
Westinghouse LU
Myres
Paul Kennedy Appliance CO
Fileh Point
Thomasville Road
Czar
Broad
N. Hamilton Streets
Five Strand Bargain Basement
Colgate P
Ieee
Television Sales and Service, Inc
N. Man
Lyles Chevrolet Co
TAR Heel Paving CO
Roland Cecil
J. F. Moore
Cecil
Ring-Harris Pharmacy
Jarrell
Optometrists
Church Street
Sears Auto Store
TEL
Serumar and Sons, Ing
Ors Johns Manville
U. S
Ward Street
Dorothy Perkin
Bargain Basement