Stock Market Slump Amid Exchange Disruptions
New York trading opened with jittery activity as prices swung from fractional gains to losses. Bargain hunters bought stock at substantially lower prices than a week ago, while old-line brokerages faced suspensions for financial rule violations. Dow components like Royal Dutch, Eastman Kodak, Du Pont, and U S Gypsum moved. Caterpillar and Sears Roebuck declined. American Exchange prices were irregular and government bonds steadied.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Royal Dutch
Eastman Kodak
du Pont
U.S. Gypsum
Caterpillar
Jones & Laughlin
Goodrich
Sears Roebuck
American Stock Exchange
American Laundry Opens in Moscow Amid Trade Hopes
A Moscow laundry and dry cleaning plant opened by a Los Angeles company led by Romain Fielding. The facility, costing about 250000 dollars, will serve Soviet housewives with roughly 40 kopeks per bundle. Fielding praised Russian workers who built and installed the plant as stock market readings showed mixed gains and losses.
MENTIONED IN THIS ARTICLE
Moscow
Los Angeles
Romain Fielding
Fielding
Adams Millis Allied Ch
Allis Chal Rauy
Am Can Co
Dow Jones Industrial
Enka
Erage
Am Motors
Tel
Associated Press
Am Tech
Atch
T&sf
Atl Coast Line
Atl Refining Xerox
Avco Co
Bendix Corp Certeae Bre Rees
Beth
Boeing Air
Borden Co
Burroughs Corp
The
Securities and Exchange
Penn Commission
Penc Ie
Atte
Ain DeNt
Ira Haup& Co
J. R. Williston
Ohio
Beane Inc
Coe Cola
Riv Mills
International Nickel
IBM Douglas Aire
U.S. Sm
U.S. Steel
Chrysler
At&t
Pontden Firestone
Ford Motor
Tel & Tel
Goodrich
Goodyear T&r
Greyhound
iGulé Oil Corp
Int Paper
iInt Tel & Tel Kayser Roth Lorillard P Champion
P&f
Aeeven Columbia G&e Cuncane
United Fruit
Martin Marietta McLean Trk
Monsanto
Monty Ward
Motorola
Natl
Biscvit
Natl Distillers
NY Central
Penney JC
Pennsy RA
Pene Cola America
Soviet Union
Phinins Petr
U.S. Amipitt Dlgte
Glsbassador Foy
Woolworth
New York Exchange
Case Gay Std
Union Bag
UN Carbide
Union Pac
United Airlines
United Airc
US Sd
Va Caro Chem
Va el
Va P&p
Western Md
West Union
Westing el
Winn Dixie
Zenith Rad
Brokerage Firm Reinstated After Suspension
The New York Stock Exchange reinstated trading privileges for J. R. Williston and Beane, Inc., ending a suspension that also affected Ira Haupt & Co. The firms faced trouble after Allied Crude Oil & Vegetable Refining Co. in Bayonne, New Jersey failed to meet nearly $19 million in margin calls.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
J. R. Williston and Beane, Inc
Williston and Beane
Ira Haupt & Co
Allied Crude Oil & Vegetable Refining Co
Bayonne
N.J
Strong faults GOP leader Saxon over Stickley talks
Sen Charles W Strong of Guilford assails State GOP Chairman Herman Saxon for discussing a possible Stickley gubernatorial bid and calls for Saxon’s replacement if he endorses or backs a candidate. Saxon denies endorsing anyone, while others doubt Jonas backing, and a Burlington Republican criticizes the move as arrogance.
MENTIONED IN THIS ARTICLE
Greensboro
Guilford
Charles W. Strong
GOP
Herman Saxon
Strong
Saxon
Charlotte
U.S
Charles R. Jonas
Green
Cotton Prices Inch Up on Opening Trade in New York
New York AP reports cotton futures opened steady to 20 cents higher per bale than Friday's close. Traders noted firm demand and light selling pressure as the market started the session with a modest advance.
MENTIONED IN THIS ARTICLE
New York
Erhard and De Gaulle Praise Talks and Open Pact
The chancellor and De Gaulle described two conversations on Thursday as excellent and fruitful. A French spokesman said De Gaulle was pleased with the talks. They reaffirmed the January French West German cooperation treaty, negotiated by De Gaulle and predecessor Adenauer, stressing the pact is not exclusive and can include other European partners.
MENTIONED IN THIS ARTICLE
Chancellor
de Gaulle
Erhard
Konrad Adenauer
Runaway Bus Driver Forces Rock Hit Near Marshall
A Negro truck driver from Pacolet South Carolina claimed brake failure on a steep hill west of Marshall North Carolina caused him to deliberately steer a runaway tractor-trailer into a rock bank near a school dismissal time. He escaped injury though the truck was a total loss.
Also Mentioned on This Page
Dow Jones
Becie & Corev
Thomasville V.F.W
Starlite Recs
ReMick Gariver
Momasville
GM Point
Paul
Johnny Cash
Sibell
Gein
Sebbin
Spencer
Tarzan
Hercules
Gordon Scott
Steve Reeves
Southern
Texas
Christy ‘Minstrels
Greensboro’ Coliseum
Coliseum
Hashimers
Ellis Stone
Matealy
Sen
Mat
Mecklenburg
John Stickley
Publican
Stickely
Guilford County
Stickley
Ec Tence
Een Ebene
Emer Eeane
Ennas
Ceeeeane
Shawn Aee
Rock Bank
J. Sturgis May & CO
N. C. Nat’ Bank Bldg
Adult Entertainment
Reece
Swinger
Cliff Richard
Rage
America
Norman Luboff
Soell
Thelhimers-Ellis Stone
Civic Club
High Point
West Green St
N. C
Southern Premiere
Las Vegas
Satan IN
Sabrina
Elvis
Acapulco
Hois Presley
Ursa Andress
Elsa Garous
College Village
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