Tobacco shares falter as market turns mixed in New York
New York stocks lean mixed with tobacco issues slipping several points amid reports linking smoking to cancer. American Tobacco and Liggett & Myers fall while gold shares such as Homestake and Dome Mines rise. Raytheon and Chrysler post gains as U.S. Steel edges higher and bonds drift.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Liggett & Myers
Reynolds Tobacco
American Tobacco
Lorillard
Homestake
Dome Mines
McIntyre Porcupine
Raytheon
Sky Stations
TV Schedule for WSLS Roanoke Channel 10
Roanoke station WSLS TV airs a local lineup including Peter Guan at 9 00 Arthur Murray at 10 00 Border Patrol at 10 30 News at 11 00 Sports at 11 10 Jack Paar at 1 15 and sign off shows on Channel 10 07 with miscellaneous items and channel identifications.
MENTIONED IN THIS ARTICLE
Ann Bethers
la Playhouse
RFC Piedmont
Channel 3
Danny Thomas
Ann Sothern
Channel 9
Wells Fargo
Mr. Guns
David Niven
Jack Paar
Wsls-Tv
Roanoke
Peter Guan
Arthur Murray
Border Patrol
Channel 4
Oe Fins
Dow Jones Averages at Midday Booth Update
Market snapshot shows Dow Jones averages from Bache & Co with readings for Industrials Rails Utilities and Stocks at around midday. Industrials near 633.98, Rails 165.77, Utilities 91.96, Stocks 215.62 with volume figures in the hundred thousands.
MENTIONED IN THIS ARTICLE
Bache & Co
Cotton futures rise as market opens amid varied gains
New York cotton futures opened higher by five to twenty cents per bale with several active months posting modest gains. The market mixed readings show Oct at 32.65 32.69 and nearby contracts hovering around 32.60 to 33.12 while listed corporate stocks including Procter & Gamble Reynolds Tobacco and American Telephone trade with fractional gains and losses.
MENTIONED IN THIS ARTICLE
NEW York
Three Cars Collide on Martindale Road. No Injuries Reported
A Sunday night crash on Martindale Hinkletown road near Martindale involved Lewis Martin Paul Martin and Clayton Martin. All drivers escaped injuries and were not related.
MENTIONED IN THIS ARTICLE
Lancaster
Martindale-Hinkletown Road
Martindale
Lewis Martin
Paul Martin
Clayton Martin
Churchill grandson born in London son of Soames
Mary Soames wife of War Minister Christopher Soames gave birth in London to a son. The child is Sir Winston Churchill's tenth grandchild.
MENTIONED IN THIS ARTICLE
London
Winston Churchill
Mary
Christopher Soames
Winston
European business pacts expand across six nations B
American firms note dwindling export markets while US imports rise as six nation industries form federations and pursue mutual sales and production pacts. UNICE coordinates national groups including steel coal chemicals and textiles. Banks and stock exchanges in 11 cities explore cooperation toward a broader Europe market.
MENTIONED IN THIS ARTICLE
Sam Dawson
AP Business News
NEW York
United States
European Economic Community
Common Market
Brussels
France
West Germany
Italy
Holland
Belgium
Luxembourg
Japan
Hong Kong
Paris
San Francisco
Los Angeles
Rome
Milan
Zurich
Berlin
Dusseldorf
Frankfurt
Lyons
Amsterdam
Stanford led push for a 100 million dollar linear accelerator
Fantastic Ventures Foreseen reports Congress may fund a Stanford University project a two mile long linear accelerator claiming it would be the world's most powerful. Proposed by Eisenhower era science panels the plan stresses vast costs and the potential of numerous future discoveries without promising specifics.
MENTIONED IN THIS ARTICLE
Congress
Stanford University
Eisenhower
Science Advisory Committee
General Advisory Committee
The
Atomic Energy Commission
Collision at northwest elevated route station injures crew and crew trapped
Dominick Paris the rear train motorman was trapped in his cab for over thirty minutes after a collision between two El trains near Western avenue and Damen streets. Paris escaped with a leg injury and walked with assistance. About 80 to 60 passengers were aboard both trains combined. Firefighters freed Paris with portable electric saws as investigators noted no signals on the straight track segment and an unknown reason for the initial train’s stop. Also notes Burncoat Head Nova Scotia offers the world’s highest rides at 46 to 54 feet above water.
MENTIONED IN THIS ARTICLE
Damen
Western Avenue
Dominick Paris
Frank Thielmann
Paris
Burncoat Head
Nova Scotia
Bay of Fundy
Mutual funds guidance for a widow and others
A reader advises a 45 year old widow with two children to consider mutual funds for growth with income over a ten year period and consult brokers and her banker. A soldier in Europe with monthly fund purchases is advised to focus on a single strategy and save for marriage rather in funds. An investor with $30,000 savings weighing a $10,000 mutual fund is counseled to use regular purchases and dollar averaging rather than a single lump sum, while noting market uncertainty and avoiding overoptimistic projections.
MENTIONED IN THIS ARTICLE
O.k
Europe
Mutual Funds
Americans Boost Spending to Record Pace in Q1
Americans increased personal consumption by 4.6 billion dollars to a 3.004 trillion yearly rate as the Commerce Department reported stronger than expected GDP. The gross national product rose to 4.67 trillion dollars, two billion above prior estimates.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Steel Talks Resume Tuesday Amid Steel Wage Talks
New York AP reports contract negotiations in the basic steel industry to resume Tuesday after a Friday recess. The 12 largest steel producers and United Steelworkers Union face a June 30 expiration with a potential strike by about 500,000 workers if no agreement is reached. The union seeks higher wages a shorter 40 hour week and other benefits. The current basic wage is $3.03 per hour.
MENTIONED IN THIS ARTICLE
New York
Basic Steel Industry
United Steelworkers Union
Two Fliers Die In Crash Near Castro Valley
In Oakland California two pilots died when a small plane exploded on a busy freeway near Castro Valley. Julius Clausen 55 of San Francisco and Jule W Schoening 50 of Mill Valley were killed. The craft struck storm clouds while approaching and crashed while trying to avoid turbulence.
MENTIONED IN THIS ARTICLE
Oakland
Calif
Castro Valley
Julius Clausen
San Francisco
Jule W. Schoening
Mill Valley
Schoening
Clausen
Tom Cowell
Navy
Hosiery workers protest Gov Hodges over National Guard action
The Mid-South Council of the International Federation of Hosiery Workers filed a protest to Gov Luther Hodges regarding sending National Guard troops to Henderson. Garland Earhart of Pulaski Virginia, council president, said the quarterly meeting adopted the resolution and that the group wired Hodges the message, though the text will be released after the governor receives it. Hood Hodges deployed guards Tuesday after violence erupted at Harriet Henderson Cotton Mills following highway patrol removal.
MENTIONED IN THIS ARTICLE
Greensboro
Mid-South Council
International Federation of Hosiery Workers Pro
Luther Hodges
National Guard
Henderson
Garland Earthart
Pulaski
Earhart
Hodges
Harriet- Henderson
West Berlin talks strain as Berlin package plan fails
West Germany and Britain press for a way forward after Andrei Gromyko rejects the Berlin package plan. Western ministers debate the next move to avert a possible military showdown with Russia and discuss potential summit venues and neutral locations for talks.
MENTIONED IN THIS ARTICLE
Berlin
Oo Benne de Tis Matbenent
Andrei Gromyko
Russia
Heinrich von Brentano
Herter
Selwyn Lloyd
U.S
Gromyko
Lloyd
Shaggy Dog Mystery at Midway Theatre
A fragmentary notice hints at a show titled The Shaggy Dog at Midway Theatre with unclear date and location details. Readable items reference the venue and a possible film program but lack complete particulars.
Also Mentioned on This Page
Sonibe Teh
High Point Enterprise
Chrysler
General Motors
Ford
U.S. Steel
Bethlehem
Republic Steel
Becie & Co
American Can Co
Allied Chemical & Dye
Adams Millis Corp
I T
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RA Cone Mills Corp
Carolina Light & Power
Douglas Aircraft DuPont de Nemours
Dow Chemical Eastern Airlines
Consolidated Edison
Goodyear Tire & Rubber International Harvester International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western
Rny
Phillips Petroleum Pennsylvania Railway
Pepsi-Cola
Westinghouse Desilu Playhouse
RSC
I “K.O. Kitty
Westinghouse
Wfmy-Tv
Godfrey
L_ Love Lacy
Guiding Light
Jimmy Ness
Art Linksetter
Dayton Tires
Hughes Tire Service, Inc
E. F
Hughes
North Main
Wsjs-T
Sm Mousa
NBC News
Beaver
Buckskin
Winston-Salem
Peter Gase
RCA Victor
Dumont
Television Sales & Service
North Main ST
Wweet
Margie
Wsoc-Tv
Ane Hese
Bonday
Wunc-Tv
Stee Hill
Dow-Jones
Martin Reunion
Churchill
Business Mirror
Fantastic Ventures
Investors Guide
Rutgers University
New Jersey
N. Main
Vincent Price
Julie London
Anthony Steele
Puse
N. Main ST
West
Geneva
Nikita Khrushchev
Name Sinatra
Cux
Martin Sauurr
Maclaine
Mamreoc Aive
Gene Barry
Allison Hayes
Paramount
Crescent Drive-In
Rialto Theatre
Ezo
Mann Drug
Rial
Robert Tatios Law
Jake Wade
Cartoon Tonight
Prom
Warner Bros In
Wanner
Covon
Utek A
Aak
NEW Service Laundry
Centennial Ave
RCA Whirlpool
Chuck Ledford
Mgr
Felix Miller, Jr
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