Market advances amid profit pressure and mixed sector gains
New York early trading showed a broad upturn with the Associated Press average up 0.7 to 233.00 and the Dow Jones industrial average rising 1.58 to 632.06. Gains led by rail stocks and utilities were tempered by slight declines in auto makers and certain majors while banks and corporate bonds climbed.
MENTIONED IN THIS ARTICLE
New York
Associated Press
General Motors
Ford
Chrysler
American Motors
Studebaker
Santa Fe
New York Central
Pennsylvania Railroad
Baltimore & Ohio
IBM
Magma
U.S
Standard Oil
New Jersey
Texaco
Royal Dutch
Standard of
Indiana
Woolworth
General Time
Pfizer
Security Quotations Guide November 15 1962
The document notes unofficial price ranges for securities as of compilation on November 15 1962. Quotes labeled BID and ASKED indicate approximate trading values from NASD and other sources. Origin of quotations may be provided upon request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Lanier Promises Tough Hearings On Insurance Irregularities
Raleigh AP reports State Insurance Commissioner Edwin Lanier signals strict hearings into abuses in auto liability insurance sales. He listens as a spokesman for Southern General Insurance Co faces questions over alleged irregularities. Public scrutiny grows over whether hearings will be merely symbolic.
MENTIONED IN THIS ARTICLE
Raleigh
Edwin
Lanier
Southern General Insurance Co
Edwin Lanier
Lily White
Southern General
Noon stock quotes reflect broad market movements
A noisy noon market sheet shows mixed bid and asks across many stocks with several large name companies such as American Tel and Tel Coca Cola DuPont and Gulf Oil listed at varying levels. The report includes commentary on insurance and political issues impacting markets and mentions a North Carolina policy suspension and a public statement by Lin Lanier about a company ceasing North Carolina operations pending assurances.
MENTIONED IN THIS ARTICLE
New York
Allied Sec. Ins
Allvac Metals
Adams Millis
Allied Gh
Fidelity Life
Allis-Chaleversevey
BBS
Enka
Boston Capital Car
Am Motors
Botany Industries
Am Tel & Tel
Carolinas Capital
Am Telh
Cal
Atch T&sf
Drexel Enterprises
Coast Line
EL Acct
Sia
Rom Refining Mv
First Southern
Aveo Cp
First Union Nat. Bank
Baltae Bende Asx al
Let Ind
Jefferson Standard
Allentown
Burroughs Corp
Kavanaugh-Smith
Southern General
Lance, Inc
Eastern Underwriters Inc
Caro P&l
Veces
East Celanese Corp
Ce van
Metrotek el
I Ches & Ohio
Moore-Handley, Inc
Chrysler
N.C. Nat. Bank
Wynne
Coca-Cola Occcces
Pextile Corp
Dean Smith
Columbia Gae
Piedmont Av
Nion
Eastern
Cornl Credit
Piedmont Nat. Gas
Public Ser. of
N.C
Scottish Bank
North Carolina
Soroban Eng. Inc
Fice
Dow Chem
Dupontden
St. Tel
Even Seehsre
Admiralty
Greyhound
Gulf Oil Corp
Peet Vassall
Admir Hsreevspens
Tel
Bush
Lorillard P
Martin - Marietta
McLean
Monsanto
Tion
Vassall
Monty Ward
Macmillan
Galbraith
Motorola
Nat Dairy Pd
Nat! Distillers AR
Ene We Central
Commons
Lasgow. Nett & Wet
Isi
Mac
No Am Avia
Millan
Penney J C
Pennsy RR
Gal- Pepsi-Colaeobraith
Maly
Phillips Petr
Macmillan Pure Dial
Radio Corp
Soviet Union
Vassar
Reynolds Tob
Sears Roebuck
the Admiralty
Lord Sperry Corp
Carrington
Cng Inc
Iron Inc
Union Bagott
Orr-Ewing
Western Md
West Union
Westing el
Woolworth
Winn-Dixie
Zenith
Sanford Seeks Stronger Colleges and CNU Expansion
Governor Sanford urges strengthening four year colleges over incomplete additions and backs UNC reforms. He endorses two UNC recommendations: redefine university purposes and empower trustees to add campuses. He urges caution on community colleges, prioritizing needs, school support, and phased expansion to raise technical skills and state progress.
MENTIONED IN THIS ARTICLE
Ery
Sanford
University of North Carolina
Dow Jones Averages and Trading Totals Reported
The stock page lists Dow Jones indices and sector averages with morning and noon figures. It shows the industrials, rails, utilities, and stocks indices, along with volume data for each.
Baptists Reject Capital Punishment Stand at Convention
Retired Federal Judge John J. Hayes led the attack against the committees recommendation. The convention will study the capital punishment issue for another year. A compromise also calls for studying tensions between the convention and Wake Forest College. New officers were elected with Rev. Nane Starnes reappointed president and Rev. George Simmons reelected first vice president.
MENTIONED IN THIS ARTICLE
John J. Hayes
North Wilkesboro
Convention
Christian Life Committee
Wake Forest College
Nane Starnes
Asheville
George Simmons
Wadesboro
Carl E. Bates
Ilotte
James
Peter
Char_las M. Branch
Raleigh
Anstary
Norfleet Gardner
R. N. Simms Jr
Shearon
Parliamenthe Christian Life Committee
North Carolina
Indians Launch Offensive Near Walong and Jang
Indian forces launched a major operation on the northeastern frontier against Chinese positions near Walong close to the Burma border and near Jang by the Bhutan border. The Defense Ministry said unknown Chinese deaths occurred with no Indian losses reported as fighting continued.
MENTIONED IN THIS ARTICLE
New Delhi
India
Defense Ministry
Walong
Burma
Jang
Bhutan
Catholics Split Over Bible Revelation Debate at Vatican
At the Vatican the ecumenical council faced a split on the proposed constitution on divine revelation. Debates centered on whether scripture and church tradition should be equal sources of God’s word. Some fear renewed emphasis on tradition could widen Catholic Protestant differences.
MENTIONED IN THIS ARTICLE
Vatican City
Ecumenical Council
St. Peter's Basilica
St. Peter's
Council
Movement For World Christian Unity
Kentucky crafts create jobs in Che noa through shucks dolls
In eastern Kentucky Che noa residents gain work as Carr's Cabin Crafts of Chenoa and Klarer Co of Louisville sign a contract to mass produce 12 varieties of corn shucks dolls. The eight inch dolls have provided income for about 40 families in the low spirits mountain area. Cotton futures rise at the New York open, up 35 to 65 cents per bale from yesterday.
MENTIONED IN THIS ARTICLE
Frankfort
Chenoa
Kentucky
Carr's Cabin Crafts
Klarer Co
Louisville
New York
Open House Show Promises Free Evening Display
Invitation to a free tonight show at the Midway invites all residents. Family friendly spectacle promises remarkable sights and entertainment with tickets available at the venue. Showtimes listed 6:50 to 10:40.
MENTIONED IN THIS ARTICLE
Grandma
Grandpa
Also Mentioned on This Page
Gov. Sanford
Dow Jones
Tillotson
Johnny
Dreamy
Jimmy
Perry
Danceland
Greensboro
Baptists
Kroger
Turkey
Indians
Henry
Bradsher
Walt Disneys
20Th Century-Fox Presents
Technicolor
Hell
Robert Wagner
Terry Moore
Temuco
Walt Disney
Hong Kong
Bob Hope
Bing Crosby
Joan Collins
By Bennet M. Bolton
Sooner
Bemong
Elvis Presier
Hal Wallis
Nu Stevens
Gogowin
Vaughn's
C. W
Vaughn
N. Main St
Theat A
Anthony Quinn
HP. T'ville Ra
James Stewart
Richard Widmark
UT PA Weak
NEW Service Laundry
Centennial Ave
Elaine Malbin
David Daniels
Coliseum
Thoihimers Elis
Chelo Alonzo
Jacques Sernas
Folco
Lulli
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