Stock Market Rebounds Amid Broad Gains In New York
The New York stock market staged a vigorous comeback after three days of losses with trading brisk this afternoon. Notable risers included Eastman Kodak Du Pont and American Telephone while U.S. Steel Boeing and Raytheon posted gains. long term bonds fell.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Eastman Kodak
du Pont
American Telephone
U.S. Steel
Zenith
Boeing
Youngstown Sheet
Raytheon
U.S
Confederate money on exhibit sparks memories in Virginia
In Norfolk Virginia Evelyn Peebles viewing a Confederate money exhibit noted a $10 bill bearing her mother’s signature as a Richmond Confederate treasury clerk. The display included familiar firms like General Electric and Eastman Kodak along with other historic notes and bills.
MENTIONED IN THIS ARTICLE
American Can Co
Allied Chemical & Dye Wees
Sia Bai
American Tobacco
the Borden Co. Monat
Bethlehem Steel
TIY
Cc Eesseveness
Burlington Mills WA
Ccccseveves
Chrysler Corp
PEN i
Dea
Caroli Ight
DuPont de Nemours
Dow Chemical
Eastern Airlines
Norfolk, Va
Consolidated Edison
Evelyn Peebles
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Treas- Gulf Oil
Richmond
Famed Inventor Kettering Dies at 82 in Dayton
Charles F. Kettering, renowned as the self starter pioneer, died at his Dayton home of a stroke at age 82. He held 140 patents and helped develop gasolines anti-knock systems electric cash registers incubators refrigeration units and pilotless aircraft. Funeral services set for Friday in Dayton. He was born August 29 1876 near Londonville Ohio and earned an engineering degree from Ohio State University in 1904.
MENTIONED IN THIS ARTICLE
Daytona
Ohio
Charles F. Kettering
Kett
Kettering
Eugene
Hinsdale, Ill
Dayton
Loundonville
Ohio State University
Market Deflation Impacts Early Recovery Confidence
Market deflation unsettled traders as confidence waned with the pace of recovery. Technical factors and thin trading left many investors holding lower priced stock, while bonds offered better yields, prompting shifts from equities to fixed income. The week opened with a sharp market tumble, though future prospects remained uncertain.
Dow Jones Averages Reported At Noon And Close
The page lists Dow Jones averages with Furnished by Bache and Co. at 12 noon and 1 p.m. including figures for Industrials Utilities and Stocks. It shows price levels such as 546.21 547.66 540.52 for Industrials and 64.52 64.73 84.30 65 for Utilities, plus Ralls and trading volumes of 830,000 1,600,000 3,940,000.
MENTIONED IN THIS ARTICLE
Bache & Co
Jamestown High Point Merger Urged by Planner
City planners foresee Jamestown growth aligning with High Point Greensboro and Winston Salem. A sewer system and water supply between the towns could accelerate development as Jamestown faces land vacancy and ownership policy hurdles. The report notes Jamestown’s valuation at 4.475 million and a population around 1,080 in 1958, with debt and water needs shaping the merger discussion.
MENTIONED IN THIS ARTICLE
High Point
Greensboro
Griffin
Jamestown
James
Winston- Salem
Winston-Salem
Oakdale
Funeral services for Mrs Beee at St Stephen AME Zion Church
Mrs Beee 77 of 212 Bynum Street passed away Monday evening at High Point Memorial Hospital. She lived in Randolph County originally and was a longtime member of St Stephen AME Zion Church. Survived by one nephew Guilford Marshall. Funeral 3 PM Saturday at St Stephen AME Zion Church with Rev S A Speight. Burial Greenhill Cemetery. Body at Hairlip Funeral Home until service.
MENTIONED IN THIS ARTICLE
Hairlip
Jehovah’s Witnesses
Tarboro
High Point Congregation of
Jehovah's Witnesses
Patillo High School
William Maxwell
Robert Griffin
YMCA
S. E. Burford
Griffin
Sweet Blossom Club
Sweet Blossom Garden Club
Sarah Thompson
Dorothy Foster
Also Mentioned on This Page
High Point Enterprise
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western
Dow-Jones
Averanes
Powell
General Fund
Ward ST
TEL
Trailer Court
Kivett Drive Bridge
Motors Case Indus
Leonard
Ceaners
N. Wrenn
Davis Patrol & Detective Agency
Iorter
Jack S. Davis
Remington Electric
Southern Biscuit Flour
Bordon’s
Pillsbury
Ballard Biscuits
Prestone
Mrs. Pickfords
Pintoes
Wison’s Thrift
Sno Tip
Alaska
Kraft Elkhorn
Bologna
Henny Penny
Hormel
Wilson
N. Main ST
PEPSI
COLAS
Colored News
Patterson
Piedmont
West Washington St
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