Stock market trims gains as high priced shares dip
New York stocks fluctuated with aircraft and selected issues rising while overall averages softened. Trading remained active as American Motors slipped fractionally and Chrysler rose about two points before trimming gains. Studebaker-Packard advanced on plans for a new economy model, while Continental Motors and Server showed little change. The AP 60-stock average fell 40 cents at noon to 168.10 with industrials down, rails lower, and utilities steady.
MENTIONED IN THIS ARTICLE
New York
American Motors
Chrysler
Studebaker - Packard
Continental Motors
Server
Associated Press
Optimism Grows in U S Business Circles
New York reports growing business optimism as recession effects ease in early weeks. Farm income rises, factory unemployment slows, retail trade holds, and new orders spur upturns in steel and other sectors, with belief that cushions mitigate the downturn and inflation pressures may rise once the slump ends.
MENTIONED IN THIS ARTICLE
New York
Dun & Bradstreet
American Management Assn
Federal Housing Administration
Congress
National Assny of
Department of Commerce
Nixon visit amid Caracas violence and US economic outlook
The report covers security moves as economic lines are dispatched to Caribbean bases after rioting in Caracas raised questions about Nixon's safety. Eisenhower downplays trip cancellation and hints at greeting Nixon, while tax cuts, public works, and inflation fears shape a cautiously optimistic economic picture with rising dividends and housing demand.
MENTIONED IN THIS ARTICLE
Caribbean
Caracas
Nixon
Eisenhower
Venezuela
United States
South America
Washington
Washington Evening Star
Congress
Two In-City Crashes Cause Over $1 000 In Damages
Traffic officers report two in city accidents yesterday with combined damage around $1,000 and no injuries. At 2 25 p m on Ferndale Drive and Locke Street autos driven by Jack T Hiatt and William H Black exchanged right of way. Black later cited for failure to yield. At 5 45 p m Cynthia Carter left turning onto Russell Street struck Banner Wyatt. Carter charged with improper left turn.
MENTIONED IN THIS ARTICLE
Ferndale Drive
Locke Street
Jack T. Hiatt
Richardson Street
William H. Black
Chestnut Street
Black
Hiatt
Locke
Ferndale
Banner F. Wyatt
Friddle Street
Cynthia Carter
Willowbrook Street
Wyatt
Russell Street
Dow Jones Averages Update From New York Markets
The page lists closing Dow Jones averages furnished by Bache & Co with figures for Industrial, Rail, Utilities, and other groups. Trading volume shown at 670,000 and higher alongside multiple price points reflecting mid day and close values.
MENTIONED IN THIS ARTICLE
Bache & Co
Neen
Sssceccese
TIM
Cotton futures and listed stocks mixed in early trading
Cotton futures show uneven activity with July and December quotes around the mid to upper thirties while a batch of major firms including Chrysler Corp New York Central RR and Dow Chemical appear in the market listings.
MENTIONED IN THIS ARTICLE
Close
Bcabélivéess Bane
Eee
Eens
Echo
Ewes
Ehebes Beetees
Jly
Eeeree Eee Eeee
Daeuedeey
Chrysler Corp
New York Central RR
Cone Mills
Carolina Light & Power
Douglas Aircraft DuPont de Nemours
Dow Chemical Eastern Airlines
P. Stevens Co
Seadown Tel. & Tel
The
Texas Co. Union Carbine & Carbon
Episcopal Diocese Ends 142nd Convention in Raleigh
The Episcopal Diocese of North Carolina closes its 142nd annual convention with a budget adoption and committee elections. Bishop Edwin A. Penick plans to retire June 30 1959 at age 72, to be succeeded by Richard H. Baker. The body also approves name changes for St Savior's to St Timothy's and the establishment of St Mark's in Siler City as an organized mission.
MENTIONED IN THIS ARTICLE
Raleigh
Episcopal Diocese of
North Carolina
Edwin A. Penick
Richard H. Baker
Greensboro
Episcopal Church
Penick
Baker
St. Savior’s Episcopal Church
St. Timothy's Episcopal Church
St. Mark's Church
Siler City
Tar River Flood Crest Expected Near Greenville
The sheriff warned residents of possible evacuation as Tar River levels rose toward 21 to 22 feet. Neuse River climbed about a foot to 17 feet at Kingston, with forecast crest lower than 21 feet.
MENTIONED IN THIS ARTICLE
Sheriff's Office
Neuse
Kinston
Thankful
Weather Bureau
Greenville
Dr Andrew Taylor Sill Founding Osteopathy Pioneer
Ma con Missouri physician Dr Andrew Taylor Sill is credited as the founder of osteopathy, reflecting early medical innovation in the state.
MENTIONED IN THIS ARTICLE
Andrew Taylor Sill
Macon, Mo
Also Mentioned on This Page
Business Mirror
By Sam Dawson
Episcopal Convention
Tar
PUNE
Lag
J. Wilson Rogers Insurance Agency
Long Street
High Point
N. C
Floral Garden Memorial Park
Long St
J. G. Ward
C.t.c
Mary E. Mitchell
Esso
Play It Safe
Piedmont
West Washington St
N. Main ST
H.P. Briggs & Straton Motor
Borden’s Glacier Club
Gorton’s
Gerber
Wilson
Clearbrook
Millikan’s
Millikan
Wilson’s
ALL Meat
Bologna
Oleo
Wieners
Sunkist
Delite
Pintos
High Point N. Main ST
PEPSI
Vaughn
Aul Gee
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