Wall Street Pauses After Startling 1957 Rally Hints
Stock market edged lower at noon as investors paused after earlier strength. Key issues fluctuated with little selling pressure while some oils and steels showed modest gains or declines amid mixed volume and a steadier industry outlook. The AP index stood at 184.80, down from morning highs as rails and utilities moved modestly.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Louisville
General Electric
Treasury
Amerada
Gulf Oil
Royal Dutch, Texas Co
Standard Oil
New Jersey
Sinclair
Johns-Manville
Steel
Bethlehem
Youngstown Sheet
Chrysler
General Motors
Illinois Central Southern Railway
Baltimore & Ohio
Associated Press
Dow Jones Averages The Market Snapshot From Bache & Co
Dow Jones Averages furnished by Bache and Company show a prior reading of 4.96, with index values at 605.98 and 147.40 and 147.96, while related figures include 4.57, 74.00, 176.36 and 176.70 reflecting market moves and closing levels.
MENTIONED IN THIS ARTICLE
New York
Bache & Co
American Can Co
Allied Chemical & Dve
Consolidated Edison Eastman Kodak
Greyhound Corp
Eee
General Dynasics
General Electric Gulf Oil Ee
General Motors
Goodyear Tire & Rubber
International Harvester
Eee International
Standard Oil Co
Eeeee Or Jones Laughlin Steel SA
Auto Theft Case Sent To Higher Court
A 44 year old Evans Street man waived a preliminary hearing in Municipal Court on an auto theft charge and was bound over for trial in Superior Court under a $3000 bond. Charlie Leonard, previously tried on drunkenness with a suspended 30 day sentence, was arrested in Rae ford on a reckless driving count and found driving a stolen car from English Motor Co.
MENTIONED IN THIS ARTICLE
Washington Street
Charlie Leonard
Byron Haworth
Leonard
Raeford
English Motor Co
Edens Civil Trial Sees Testimony in $150000 Injury Suit
Mrs May French Edens plaintiff in a 150000 accident damages suit in Superior Court prepared to testify as experts described injuries from a collision four years ago near the city. Defendants Carolina Freight Carriers and Speers Gearancon Eugene Smith face claims of negligence for failing to yield at Centennial Ave Extension and Highway 68. Edens suffered a concussion crushed chest and multiple fractures and faces ongoing medical costs. Four doctors and a state patrolman testified. a Cherryville trucking firm counterclaim for 3000 for damaged equipment will be consolidated with the case.
MENTIONED IN THIS ARTICLE
Ee Ee Ee Ae
Carolina Freight Carriers
Se Tation Speears Gearancon
Eugene Smith
Sea Sak
Smith
Edens
Cherryville Trucking
Tornado Devastates Ruskin Heights Killing 34
At about 7 45 p m a tornado struck the Ruskin Heights area near Kansas City causing 34 deaths and widespread destruction. Residents sought shelter in basements while roofs collapsed and shopping centers were leveled. family members and neighbors described roofs, debris, and cars tossed into the air as emergency crews transported the injured to nearby hospitals.
MENTIONED IN THIS ARTICLE
Ruskin Heights
Kansas City
Weather Bureau
Arthur Buchanan
Bill Beaver
Buchanan
Beaver
Dean Evans
Ruskir Heights
Richard Randle
D. Crosby
Harry Woodling
Hickman Mills
Ruskin Heights Presbyterian Church
Woodling
Independence
Farmers Invited To Field Events At Guilford County
Guilford County farmers are invited to two field demonstrations for Small Grains Field Day. At 10 a.m. at T G Swing farm Guilford College new and old wheat barley and oats will be shown. At 1 30 p.m. at J W Mobile farm Route 1 Brown Summit plant pathologist and plant breeding expert from North Carolina State College will answer questions about diseases and breeding programs. Guilford County Farm Agent Willard H Kimrey urged all farmers to attend.
MENTIONED IN THIS ARTICLE
Guilford County
T G. Swing
Guilford College
J. W. Moble
Route 1
Brownummit
North Carolina State College
Willard H. Kimrey
Defense money cut $2.5 billion in 1958 defense bill
A House subcommittee trims 2.5 billion from 1958 defense requests as it notes waste in procurement and aims to keep overall military personnel near 2.8 million. The panel argues stronger cost controls and unified purchasing could have saved hundreds of millions in past years.
MENTIONED IN THIS ARTICLE
Rep
D-Tex
Don’t Scratch That Itch In Fifteen Minutes
Advertisement notes a topical product that promises to stop itching in 15 minutes and kill germs on contact. Claims suitability for eczema, ringworm, insect bites, foot itch, and other surface irritations. Marketed as locally guaranteed by Cecil's Drug Store.
MENTIONED IN THIS ARTICLE
Cecil's Drug Store
Collision Costs Motorists $300
Two cars collided about 6 o'clock yesterday afternoon at the National Highway Guilford Street intersection. Both vehicles suffered about 150 dollars in damage. No one was seriously hurt and police filed no charges. Julius Floyd 27 Winston Street collided with Albert A Reddick 34 Hobbs Avenue as one car exited Guilford Street.
MENTIONED IN THIS ARTICLE
Thomasville
Guilford Street
Julius Floyd
Winston Street
Albert A. Reddick
Hobbs Avenue
Amazing new laxative fight constipation overnight
The ad touts CoLonaip as a thrifty colon solution that moistens dried waste and stretches bulk to stimulate the urge. It claims safety for pregnant women and no gassiness or interference with nutrient absorption, priced at 98c per tablet.
MENTIONED IN THIS ARTICLE
Colonaid
CoLonam
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Republic Steel
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the Texas Co
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