Wall Street Rebounds Amid Mixed Trading And Tax Talk
New York stocks steadied in a midday rally with heavy volume as gains trimmed by profit taking. The AP index rose 0.7 to 328.0 at noon, Dow up 1.92 to 875.51, with rails and industrials advancing and airlines edging higher. Prices were buoyed by reports of possible excise tax cuts and improving auto output amid Ford strikes.
MENTIONED IN THIS ARTICLE
New York
Ford
Congress
Wall Street
Associated Press
Dow Jones
New York Central
Chesapeake & Ohio
Illinois Central
Southern Pacific
Southern Railway
Pan American
United
American
Eastern
Curtis Publishing
Texas Gulf
Pacific Tin
Pure Oil
Xerox
Sears, Roebuck, Boeing
IBM
Control Data
Richardson Merrell
American Stock Exchange
Carnation
Pittsburgh & Lake Erie Railroad
Victoreen Instrument
Driver-Harris
NatDairy
Indak CessnaAire
Wes Chrysler
cBs
NortonCo
Ohie Edis
Toregaing Dle
Annuti ComSet Corp
Serky
Pan Am
Penn Dixie
Crown Zell
Penn Roe
CrucSteel Pennzoil
Cudahy Pk
Curtis Pub
Curt
DanRiver
DeltaAir
PureOll
RCA Ey DougAir
Ralston Purat
Dow
Dresser
Ravenior
RepubAv
East Air Lin
Yiass Revion
Eastin Gar
EastKo
Eaton
ReyTob
el & Music Mh
Assoc
ReyDut
Eipasong
Wee Ryder
EmerRad
ErieLack
Evership
Feedcorp
Schick
Ferro Corp
Amer Fidelity Life
Pirestne
Amer Furniture Co
BBS Studios, Inc
Fia Pw
Shell Ol
Fla
Sinclair
Carolinas Capital Fmc Corp
FoodFair
Ei Snow Co
Colonial Stores
Love
Smithk
Foote Oe Ford
Ws Socony
Iess
Ipiest Southern Co Forem
Souprs
Ne — “ First Union Nat Bank
Frito Lay
SouthnCo
Gulf Life Insurance
Harris-Teeter
SouPac
GamSk
Jefferson Stahd Life
Sperry Rand Wen
Kavenage-Ginith Co
Tisse
Spiegel
Sibrangs
Lance, Inc
GenBiec
Life & Casualty Ins M's
Gen
Yinc National Bank
GenPrec
GenMet
Textile Corp of Amer
Piedmont Aviation
GenTet&éle
StenWar
Piedmont Nat Gas Pn
GenTire
SteuttCh A
GaPacific
Pyramid Life Ins Oon
Sievers
Security Life & Trust
Gillette
Grenaid
Sunna
Wachovia Bank & Tr
Tt Swit Co
Googyrie Grecece
Grenau
Tenn Gas Ib
Granecs
Texaco
Tex GulfProd
Textron
Thiokol
Ind. Rails
Abbott
Hanne Cote
Shane Ui
Allied Ch
Allied Sirs
Fon. L. Ya Alcoa
Monin
wintWick
US Steel
Tia
Whelan
el Univ
Aim T&t
Iteckibor
Alice VanaAst
Wiecagen
Sm Vaned Corp
Coe
VaeiPw
Keiser
Kroger
Armour
Swerreer
Loews Theat
Lowes Gas
Beckman
Lerillard
Boeing
Borden
al Wa
Marower Wa
McDonAir
Wide Western Streets And Extra Of Extras
Excerpt of 1960s stock dividend terms outlines various payout methods including cash and stock dividends. Mentions ex dividend dates, earnings notes, and stock splits with references to years 1963 1964 and related dividend actions.
Horse Sense Explains Colorado Springs Street Widths
Colorado Springs chief engineer who laid out the town in pioneer days wanted wide streets for a double span of horses and huge freight wagons. The explanation appears in a brief AP feature about the city’s wide avenues and horse traffic.
MENTIONED IN THIS ARTICLE
Colorado Springs
Colo
Rinaldi Trial Proceeds as Witnesses List Evidence
The fourth day of the Rinaldi murder trial featured testimony from Dr. Rodman and other witnesses about evidence including a silver flashlight and a bloody sofa pillow. The case concerns Rinaldi, a UNC English instructor, charged with first degree murder in his pregnant wife’s death in Waterbury after a Christmas Eve discovery.
MENTIONED IN THIS ARTICLE
Rinaldi
Onedtte
Nae
University of North Carolina
Waterbury
Conn
Rodman
William B. Begg J Jr
Begg
Chapel Hill
Bishops and Baptists Forge Historic Joint Session
Messengers adopted a record budget of 5.1 million dollars for the coming year. Mrs W K McGee of Winston Salem was elected first vice president. Rev John E Lawrence of Raleigh Henderson was recording secretary. Dr James M Bulman of East Spencer became parliamentarian. In a historic Wednesday session they met with Negro Baptists for the first time, praying and singing.
MENTIONED IN THIS ARTICLE
W. K. McGee
Winston - Salem
John E. Lawrence
Raleigh Henderson
James M. Bulman
East Spencer
Reading on economic outlook and proposed tax cuts
Johnson and Serene discuss a last minute reading on economic outlook and inflationary influences. Dillon says the bill could pass in Congress and tax cuts may take effect next July 1. He spoke to reporters at the White House center in Austin, fifty miles east.
MENTIONED IN THIS ARTICLE
Dillon
Congress
White House Center
Austin
Jones trial recounts embezzlement and a fatal hit run
In a courtroom fragment, Welby Lee testifies about his father Newt Lee being killed by a car. Jones’s ex wife recalls hearing Jones tell her mother he guessed he hit Newt Lee. The case unfolds as Welby Lee vows to find the killer and investigators review multiple suspects.
MENTIONED IN THIS ARTICLE
Tennessee
Lee
Jones
Newt Lee
Welby Lee
Handyman
Retentions
Temt
Te Weil
Pope Paul VI urges aid for the poor worldwide
Pope Paul VI called on all Christians to help relieve the suffering of the poor as he prepared for a forthcoming visit to India. His message emphasized charitable relief amid rising poverty during his Vatican address on Wednesday.
MENTIONED IN THIS ARTICLE
Vatican City
Paul VI
India
County health grant funds two year air pollution study
The U S Public Health Service approved a 1954 19 504 grant to Guilford County Health Department for a two year county wide air pollution study. Supervisor Owen Braughter said funds buy sampling equipment to measure soot dust smoke and chemicals in High Point Greensboro James Town and rural areas. The project aims to establish prevailing pollution levels and potential standards for regulation and will include ground and rooftop sampling across seasons.
MENTIONED IN THIS ARTICLE
Enterprise
United States Public Health Service
Guilford County
High Point
Greensboro
Jamestown
Braughter
Braughler
Health Department
Board of Health
Washington
Department of Health, Education and Welfare
U. S. Bureau of Public Health
Sanitarian
Guilford
Horace Kornegay
Joe Ameen
State Board of Health
Ies Se Boe
Local Service News Briefs Highlight Military Promotions and Assignments
Marine Lance CPL Jim R Robbins of Randleman has been promoted within Air Group 32 at Beaufort Marine Air Station. Army PFC Everett C Pace of High Point is in Korea with the List Signal Battalion as a finance specialist. Army PVT Gerald H Dills of High Point is assigned to the 10th Ordnance Company in Germany after basic at Fort Jackson. Also noted are troops in Exercise Gold Fire I near Fort Leonard Wood with Sergeant Harrison of the 1st Aviation Battalion participating in Joint Task Force Ozark.
MENTIONED IN THIS ARTICLE
Jim
MY R. Robbins
J. W. Robbins
Academy St
Randleman
Second Marine
Marine’ “Yi Air Station
Beaufort
ARMY
Everett C. Pace
Everett R. Pace
Ingram Rd
High Point
List Signal Battalion
Korea
Pace
Fort Gordon
Alwas
U.s.general Accounting Office
Norfolk
Gerald H. Dills
Ruby A. Dills
Reed St
10Th Ordnance Company
Germany
Dills
Apison
Fort Jackson
S.C
Nantahala
Arthur C. Dills
Fort Leonard Wood
Harrison
North Carolina Mills Receive Cotton Cost Rebates
The Department of Agriculture reported 86 million dollars in interim cotton cost rebates to North Carolina mills. Cannon Mills of Kannapolis led with 3.2 million, Cone Mills of Greensboro 2.9 million, and Erwin of Durham 1.37 million. Payments total include 57 million in sight drafts and 29 million in certificates redeemable in Commodity Credit Corp. owned cotton.
MENTIONED IN THIS ARTICLE
Washington
Hig Cotton Mills Inc
Teelanger Mills Oes Ofington
Uae
Eadgian
Erlanger
North Carolina
Cannon Mills
Kannapolis
Cone Mills
Greensboro
Erwin
Durham
Garcia Mills
Department of Agriculture
Commodity Credit Corp
Firms Hit Goal In UF Drive
Thomasville officials reported 12 firms and divisions contributed to the 1964 65 UF drive. Campaign chairman Harold Harrison announced the list at a board meeting at Wachovia Bank and Trust Co on Salem Street. Officials declined to estimate the total but said reaching the $45 000 goal by weekend appears likely.
MENTIONED IN THIS ARTICLE
Thomasville
Harold Harrison
Anisonsaccel
Suanteter Tek Tite Seued
Ethanon Tietetane Tare
Wachovia Bank and Trust Co
Salem Street
Real Estate Transfers in High Point and Nearby Townships
High Point Township and nearby areas report multiple transfers of property. Listings include Horace J. Stepp to Sarah M. Lawson and others, D. P. Whitley Jr. to William R. Stiles and wife, and several subdivison lots in Amos Brothers, Allendale, S. Sain, and Morgan Moore properties. Additional transfers cover Allen Jay Estates and Fairway Estates along with multiple company to individual deeds.
MENTIONED IN THIS ARTICLE
High Point Township
Horace J. Stepp
Sarah M.lawson
D. P. Whitley Jr
William R. Stiles
Amos Brothers
Robert D. Davis Jr
S. S. Coe
Leon’ V. Arledge
Warren J. Godwin
Allendale
D. O. Frazier
Evelyn W. Simpson
Fifth Street
J. Robert Connor Inc
Vance A. Tate
J. Robert Connor
S. Sain
Smith and
East Commerce
Frank S. Deberry
George Monk Jr
Morgan-Moore
Jamestown Township
A. L. Ferree
A. B. Howard Sr
Darrell E. Blair
Bishop Welch
Major Lee Warren
Lester Allan Upton ,Sr
Frank D. Hamilton
Emma G. Charles
George Frank McDaniel
Bertha C. Wall
Allen Jay Estates
Hennis Inc
James A. Kenan
Vickery Park
Deep River T
James R. Harvey
Fairway Estates
Friendship Township Aeon Inc
Dan Realty Inc
Williams
Gastonia School Head Takes State Post
Dr. J. W. B. Sugg resigns as Gastonia superintendent to join the State Department of Education in Raleigh. The city board accepts the resignation and names assistant superintendent George McSwain as his successor. Changes take effect December 1.55
MENTIONED IN THIS ARTICLE
Gastonia
N. C
JW. B. Sugg
State Department of Education
Raleigh
Sugg
George McSwain
Also Mentioned on This Page
Stock Market Report
New Ls Exchange
Bank
Baptists
Johnson
Detroit
Morton B. Lesser
Farrier
Sam Offen
By Jim Hawkins
N. C. Mills