Uneven Veterans Day trading on New York stocks
The market showed little directional movement with fractional gains and losses. General Motors and Ford slipped on steel shortage news while American Motors rose slightly. U S Steel, Bethlehem and motors shares wavered as restart efforts continued.
MENTIONED IN THIS ARTICLE
New York
General Motors
Ford
Chrysler
American Motors
U.S. Steel
Bethlehem
Youngstown Sheet
Motorola
Mitchell Eats Hat on Steel Strike Economic Effects
United States job data show October unemployment near 2.8 million with half a million layoffs linked to the steel strike before a Taft-Hartley court injunction. Seymour Wolfbein cites delayed recoveries from the 1958 recession and declines in factory earnings to 2.21 per hour.
MENTIONED IN THIS ARTICLE
Mitchell
Seymour Wolfbein
Mit
Congress
Afl-Cio
Churchill's Close Call in Flight Diary Revelations
Diary excerpts recount Lord Moran and Churchill arguing over flying altitude and oxygen use aboard a Marrakech flight. Weather worsened after takeoff. Churchill warned the plane could crash if kept low, and praised Moran for foresight and aid during the crisis.
MENTIONED IN THIS ARTICLE
Lord Moran
Marrakech
Kelly
Churchill
Sarah
Moran
Charles
Moran Nana
Investment guidance on diversification and bond outlook
The reader discusses adjusting holdings for retirement nearing, noting growth stocks performed well while yield present values declined. A suggested approach favors holding rails, Safeway, and United Fruit, with $60 initial investable funds enough to start, and a five per cent Treasury bond outlook explaining price fluctuation but fixed $50 annual return and $1,000 principal at maturity.
MENTIONED IN THIS ARTICLE
Safeway
United Fruit
Treasury
Election Case Is Considered by State Supreme Court
The North Carolina Supreme Court heard arguments on whether a 90 day service rule for election contests is mandatory and unconstitutional. The case stems from the 1958 Montgomery County sheriff race where Sam G. Smitherman defeated Elwood C. Long, who argues missed service cost him the contest and affected ballot validity due to 317 absentee ballots.
MENTIONED IN THIS ARTICLE
Raleigh
State Supreme Court
Montgomery County
Sam G. Smitherman
Elwood C. Long
George Denny Dies Founder of Town Meeting Program
George Denny founder of America’s Town Meeting of the Air died today at Sharon Hospital at age 60. A Washington North Carolina native, he graduated from the University of North Carolina in 1922 and taught dramatic production there 1924–26. He led Columbia University’s Institute of Arts and Sciences and was associate director of the league of political education 1927 to 1951. He created the radio program in 1935 and moderated it until 1952. Funeral plans are incomplete.
MENTIONED IN THIS ARTICLE
Sharon Hospital
Washington, N.C
Denny
University of North Carolina
Institute of Arts and Sciences
Columbia University
New York City
League of Political Edu
De Gaulle sets terms for summit amid pressures and Algeria
Washington sources report Charles de Gaulle dictates conditions to Khrushchev before a four power talks. He seeks to meet Khrushchev first, to unveil a French nuclear option, and to align Western behavior with pre negotiations expectations, while Algeria is cited as a precondition for a summit.
MENTIONED IN THIS ARTICLE
de Gaulle
Khrushchev
U.S
Algeria
Lance
Washington
Eisenhower
Paris
Alli
Also Mentioned on This Page
Bache & Co
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison Eastman Kodak
Greyhound Corp
Goodyear Tire & Rubber
International Harvester International
Tel
Standard Oil Co
Jones Laughlin Steel Johns Manville Loew's Inc. Petroleum
Pennsylvania Railway
Pepsi-Cola
SOS Cai
Jy. Eer Tenons
Cenveveenes
BOL. Wines Seddone
Procter & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
J. P. Stevens Co
American Tel, & Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
U. S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Dow-Jones
Investors Guide
Sao Oe See
J. Wallace
Wallace
McCall
Theroner
Long
George Denny
N. Main St
High Point
Macmillan
Huntington, W.va
Huntington
Parto North Carolina
Georgetown
J. M. Bachrach
Huntington Furniture Corp
Lincolnton
N.C
Huntington Furniture
Iity
Bachrach
Virginia
Tar Heelia
Isenhour
Ray Wheatley
West Green Street
High Point, N. C
Mercury
Quality Headquarters
Chairtown Motors, Inc
Lexington Avenue
Thomasville, N. C
SEARS
Bette Nee
David Bradley
Easy
King Lot
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