Market climbs as industrials lead with mixed rail results
Stocks rose for the day with industrials advancing while rails faltered. The Associated Press average gained as oil shares rebounded after early losses, and news that Eisenhower was progressing satisfactorily calmed nerves. Dividends were omitted by Erie Railroad and Penn-Texas, weighing on those issues.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Eisenhower
White House
Erie Railroad
Penn-Texas
Gulf Oil
Amerada
Fortification advances aim to boost bread and cereals
Scientists explore adding vitamins B6 and B2 and the amino acid L-lysine to cereal products to raise protein content for people with limited meat or dairy. Williams notes seven million dollars of synthetic vitamin A and two million dollars of vitamin B1 are used in foods. Du Pont researchers suggest adding L-lysine to wheat flour to improve bread’s protein value.
MENTIONED IN THIS ARTICLE
New York
Robert R. Williams
Williams-Waterman Fund For the Combat of
Research Corp
N. W. Flodin
J. W. Brown
du Pont
Gilliland Case Ruling Expected in Warrenton
Superior Court Judge Raymond Mallard was to rule today on whether character testimony may be used as evidence in the Gilliland appeal. Gilliland, disbarred by the State Bar last April, waived a jury trial by missteps in his appeal procedures. The hearing focused on objections to testimony and previous trial committee rulings.
MENTIONED IN THIS ARTICLE
Warrenton
N.C
Superior Court
Raymond B. Mallard
James D. Gilliland
Mallard
Gilliland
State Bar Council
Bar Council
Dow Jones Averages and Leading Issues at Noon
The Dow Jones averages show mixed movement with industrials around 445.58 at noon and the overall close near 4460.29. several major stocks including Procter & Gamble, Reynolds Tobacco, American Tel & Tel, United Aircraft, and Westinghouse are listed with percentage figures indicating changes or standings. The report also lists other prominent firms such as U. S. Steel, Sears Roebuck, and J. P. Stevens among notable percent figures attached to their performance.
MENTIONED IN THIS ARTICLE
Associated Press
Agseae Oo Bache & Co
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RR
Cone Mills Corp
Carolina Light & Power
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew’s Inc
Norfolk & Western Ry
Phillips Petroleum
Pennsylvania Railway
Bache & Cone
Steerer
Proctor & Gamble
Reynolds Tobacco
Republic Steel
Sears’ Roebuck
Southern Ry
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
Lindsay Memorial Methodist Church Plans Phase One
Members voted unanimously to proceed with the first phase of a 125000 building program at 1208 Montlieu Ave. The initial 75000 will fund a new sanctuary and educational facilities with groundbreaking set for March 30. Church membership stands at 260, and L C Williams Jr chairs the official board.
MENTIONED IN THIS ARTICLE
Lindsay Memorial’ Methodist Church
Lindsay Memorial
Montlieu Ave
L. C. Williams Jr
W. B. Delk
Joe Iveigh
Frank Hardy
George Stalder
G. H. Bradshaw
Banks Thayer
A. R. Kimnery
D. H. Fittsland
Eisenhower Illness Briefing Delays National Address
A medical update said the President is resting comfortably after heart and intestinal issues, with all daily appointments canceled. Vice President Nixon stood in for a scheduled nationwide address and planned Cleveland television appearance were postponed.
MENTIONED IN THIS ARTICLE
Mohammed
Nixon
Wake Forest faculty backs students in chapel protest
Wake Forest College faculty adopted a resolution affirming faith in the Christian liberal arts institution after students walked out of chapel to protest a campus dancing ban. The 91 to 8 vote supported academic freedom and student self government, while noting some wished the resolution had been stronger.
MENTIONED IN THIS ARTICLE
Winston-Salem
Wake Forest College
Chapel Exercisesleigh
Wake Forest
New Upholsterers Classes Accelerated As Demand Grows
Upholstery training speeds up with an early graduation and new classes starting Monday. Twenty openings are available at the Employment Security office. All two classes this year secured immediate placements. Sponsored by a furniture manufacturer group, the program covers tuition for trainees. Plans also call for more classes in cutting and sewing with instruction set to begin soon. Jack Bryant leads the program as instructor, with state department backing.
MENTIONED IN THIS ARTICLE
Employment Security Office
State Department of Week
Jack Bryant
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Trailways
High Point
ST. Petersburg
Memphis
Union Bus Terminal
Lindsay Street
Wong
Dean
Job Coffield
Mercury
WFMY/TV
Southeastern Motors, Inc
High Point, North Carolina