Market downturn widens in light New York trading
In a quiet session New York stocks edged lower with most leading issues down fractions to about 3 points as volume hovered near two million. The Associated Press 60-stock average slipped to 182.10 at noon with broad declines across all major sectors.
MENTIONED IN THIS ARTICLE
New York
Urnover
Spoint
Bethlehem Steel
Cional Paper
Bell Lumber
Standard
California
Santa Fe
Pant
Alcoa
Texas Company
Amerada
Associated Press
Service Row To Be Probed In Military Testimony
Testimony on the position of the three services in a missile field continues. Air Force officials and others testifying described concerns over interservice rivalry and the military approach to nuclear weapons. The hearing, labeled delicate, seeks clarity on how defenses and operations are coordinated among Army, Navy, and Air Force.
MENTIONED IN THIS ARTICLE
Earie
Ral
Air Ae
Food Prices Rise Again Across the Farm to Store Chain
The Business Mirror notes food costs climb as prices at the store lag farm prices. It cites the National Association of Food Chains estimating about 0.9 cent of consumer dollars and 17 billion dollars in sales, reflecting ongoing postwar farm to market spreads.
MENTIONED IN THIS ARTICLE
National Assn
Fire Averted At Local Plant After Passer-By Alarm
Firefighters rushed to Zonalite Co at 910 Ward St after a passer by alerted them to a trailer fire in burlap bags. The blaze at about 1 am gutted the trailer and caused a roaring interior fire but the plant avoided major damage as the flames were checked before spreading. No one was at the plant. workers had left two hours earlier. In a separate alarm, a furnace fan incident killed a kitten caught in the fan causing the belt to slip on the electric motor.
MENTIONED IN THIS ARTICLE
Tn Otis
Zonalite Co
Ward St
Nathan Hunter
Lodge Meeting Moves to Odd Fellows Hall at 7:30 PM
Naaman Lodge No. 226 announces a new meeting place at Odd Fellows Hall and a 7 30 PM start. The Earlie Gabreil Post VFW plans a called meeting to arrange attendance by veterans and the post commander. PTA donations at Griffin School include Summer Camp Awards for Girl Scouts and Brownies. Beverly Spencer and Marie Gates are recognized for awards. Final PTA meeting will be a social evening at the school with Mary Eliott in charge. Church services at Church of God led by Bishop Welles Thursday at 8 00 PM and St Chas worship services Wednesday at 8 00 PM.
MENTIONED IN THIS ARTICLE
Naaman Lodge No
Odd Fellows Hall
Earlie Gabreil Post Vfw
PTA
Griffin School
Beverly Ceaeeee
Th Spencer
Marie Gates
Gates
Mary Eliott
Wall Ae
Churcch
W. Welle
Operators Needed For Safety Check
The Safety Council of Point announced volunteers are needed to staff vehicle safety check lanes. About 25 women and 35 men will work half-day shifts through June 2 from 8 30 a.m. to 5 30 p.m. May 28 to June 2. Betty Warran should be contacted at phone 3493.
MENTIONED IN THIS ARTICLE
Safety Council of Point
Ping
High Point Safety Council
Betty Warran
Phoning
Peeve & Secon
Foreign Aid To Be Pushed Amid Cold War Tensions
Secretary Dulles outlined US stance on Egypt under Nasser and linked aid to anti communist goals. He noted US sympathy for Nasser’s independence but opposition to actions aiding the Soviet bloc. The House Foreign Affairs Committee trimmed a foreign aid bill to 100 million yearly over 10 years, while Richards’s amendment ties aid to anti communism. Dulles cautioned the bill remains in committee with possible changes. Berlin reports 1,100 farms within the city.
MENTIONED IN THIS ARTICLE
Russia
Nee Ee Dulles
United States
Nasser
Dulles
Egypt
Soviet Union
China
House Foreign Affairs Committee
House Committee
Rep. Richards
D-Sc
Richards
State Department
House
Pair Arrested On Chargel Of Assault
Two men face assault charges in separate incidents. Rex B. Howell, 22, of South Hamilton Street, posted $100 bond and awaits June 11 court. Samuel Locklear, also of South Hamilton Street, alleges Howell struck him. A Parker County warrant named Rudd, held on $100 bond for an unspecified charge. Joe Thomas, 37, on a charge of beating a bill, had not posted $100 bail and is due May 28. James Manley Current, 4, of Morris Street, arrested for car rating while intoxicated and released on bond. case set for June.
MENTIONED IN THIS ARTICLE
Rudd
Parker
Rex B. Howell
S. Hamilton Street
Samuel Locklear
Locklear
Howell
Joe Thomas
Thomas
P. L. King
W. Broad St
James Manley Current
Morris Street
Convention Of Red Men Ends Today In High Point
About 30 former officers attended a breakfast at the Sheraton Hotel to begin the final day of the North Carolina Improved Order of Red Men and the Order of Pocahontas convention. Officers for the coming year were to be elected later. A banquet and dance would close the two day visit, with 250 registrants recorded by Secretary B F Houser of Dallas as L B Wynn presided over sessions.
MENTIONED IN THIS ARTICLE
Sheraton Hotel
North Carolina
Redmen
High Point
B. F. Houser
Dallas
L. B. Wynn
Bankers Install New Officers in North Carolina
Louis O Brooks executive vice of the Union National of Charlotte is named president of the North Carolina Bankers Assn. He was installed during the annual convention cruise aboard the Queen of Bermuda sailing from Norfolk Saturday and to return Friday.
MENTIONED IN THIS ARTICLE
Charlotte
Louis O ‘Brooks
Union National of
North Carolina Bankers Assn
Qeven
Bermuda
Norfolk
Mathes Window Air Conditioners Displayed in Bedford
Mathematics window units include a 1 ton model with wood veneer cabinet available at Bedford Sales Co. 490 N Wrenn 8th St. Prone offers 1 ton and 2 ton options with prices around 199.95 to 269.95 as pictured in the showroom.
MENTIONED IN THIS ARTICLE
Mathes
Bedford Sales CO
N. Wrenn
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