Stock market rally eases after earlier surge on New York floor
New York stocks rose sharply at open with gains of 1 to 5 points led by Bethlehem Steel and General Motors, then pulled back from intraday highs as trading continued on the New York Stock Exchange. Major groups including steels and motors showed activity with mixed results across many issues and several large industrials remaining active in a brisk session.
MENTIONED IN THIS ARTICLE
New York
Steels and Motors
New York Stock Exchange
Bethlehem Steel
New York Central
Anaconda
International Paper
Alumium Ltd
U.S. Steel
Youngstown Sheet & Tube
General Motors
Chrysler
Montgomery Ward
Boeing
Glenn Martin
RCA
American Smelting
Dow Chemical
American Tobacco
Union Pacific
Texas Co
American Telephone
Scales Appeals Conviction Over Smith Act Challenge
Richmond Va. counsel for Junius Irving Scales argued the Smith Act provision under which he was convicted of advocating violent revolution is unconstitutional on its face. Scales, 35, led the Communist party in the Carolinas and was sentenced to six years with up to ten years and a $10,000 fine on appeal from a Greensboro NC trial. The Fourth Circuit heard arguments after a nine day trial yielded a guilty verdict.
MENTIONED IN THIS ARTICLE
Richmond
Junius Irving Scales
Communist Party
North
South Carolina
Carolinas
Fourth United States Circuit Court of Appeals
Federal District Court
Greensboro
N.C
Albert V. Bryan
Alexandria
Scales
Federal Bureau of Investigation
FBI
United States
Circuit Court
Justice Department
Supreme Court
Courts of Appeal
Westinghouse Meter Plant Hit With Unfair Labor Practices Charge
The CIO IUEW charges Westinghouse Meter Plant discharged an employee to interfere with union organizing. A NLRB trial examiner ruled in the union’s favor and a final NLRB decision is pending.
MENTIONED IN THIS ARTICLE
Winston-Salemp
Westinghouse Meter
CIO International Union of Electrical Workers
IUEW
National Labor Relations Board
Westinghouse
NLRB
Eisenhower Encourages Cabinet Meetings as Nixon Aides Rise
President rests and signals Nixon to lead Cabinet and National Security Council meetings. Eisenhower signs a memorandum naming Humprey to tariff and trade role and authorizes aid reports while doctors report heart and lung tests normal. Eisenhower drafts a farewell letter hinting at Nixon as possible GOP nominee.
MENTIONED IN THIS ARTICLE
Nixon
Cabinet
Security Council
Treasury
Humphrey
Japan
John B. Hollister
International Cooperation Administration
Pennsylvania Railroad
White
Hagerty
Eisenhower
Washington
Dwight D. Eisenhower
Scales Appeals Conviction At Providence Meeting
Junius I. Scales condemned his six year sentence as a miscarriage of justice during a Rhode Island event by the Committee to Uphold Constitutional Liberties. He criticized government claims on Communist party membership while sharing the platform with former U. S. Atty Joseph Breen before about 50 people including two FBI agents.
MENTIONED IN THIS ARTICLE
Providence
R.I
Junius I. Scales
Richmond
Scales
Rhode Island Committee
Joseph L. Breen
U.S
Communist Party
Seales
FBI
Fayetteville Signs Pact With Indians
The Fayetteville Hilanders of the Class B Carolina League signed a full working agreement with the Cleveland Indians. President Richard L. Player announced the deal after a Cleveland meeting with Indians farm system director Mike McNally. The Hilanders will train at the Indians minor league camp in Daytona Beach, Florida, next spring.
MENTIONED IN THIS ARTICLE
Fayetteville
N.C
Hilanders
Cleveland Indians
Richard L. Player
Cleveland
Mike McNally
Indians
Dayton Beach
Fla
North Texas Rivers Flood Large Areas Across Wichita Falls
Flood warnings report Holliday Creek and Wichita River backing up as Lake Wichita overflows its spillway. Red River boundary near the city faces high water, with Lake Diversion and Lake Kemp at flood level after upstream rains. Extra rain from Clinton and Sentinel, Oklahoma, threatened further runoff. Brazos River floods close highways in Paducah and Seymour with over a million dollars in damage. Sneedville gun plant submerged.
MENTIONED IN THIS ARTICLE
Red
Wichita Falls
Lake Wichita
Wichita
Red River
Lake Kemp
Dundee
Tex
Mankins
Andrus
Clinton
Okla
Sentinel
Holladay
Southwest
Texas
New Mexico
Oklahoma
Brazos River
Paducah
Seymour
Knox City
Stonewall Gas Products
Sneedville
Brazos
Bath celebrates 250th birth day with Queen Annes Bell pageant
The Bath NC governor and about 300 attendees participate in Queen Anne's Bell closing Bath's birthday events. Gov Hodges appears in a crowd scene while Bishop Thomas H Wright presides at a St Thomas Church service. Bath's early history notes its oldest church, pirate era ties, and Whitefield curse lore.
MENTIONED IN THIS ARTICLE
Bath
N.C
North Carolina
Hodges
St. Thomas Church
Thomas H. Wright
Episcopal Diocese of
East Carolina
St. Thomas
Earl of Bath
Pampthough
Blackbeard
Edward Teach
Bath Harbor
George Whitefield
Leaf Markets Ride Wave of High Prices
Leaf markets across the Carolinas and Virginia posted generally higher prices in Middle Eastern North Carolina Old Belt and Border Belt sales. Most grades rose by 1 to 4 dollars per hundred pounds with some Middle Belt records and heavy volume. Stabilization Corp took 6 to 14 percent of gross sales under the government loan program. quality improved in the Old Belt as nondescript leaf declined.
MENTIONED IN THIS ARTICLE
Associated Press
Carolinas-Virginia
North Carolina
North Carolina-Virginia
South Carolina
Middle Belt
Stabilization Corp
Also Mentioned on This Page
Admiral Corporation
Any Corporation
Atchison, Top & SF
Atlantic Coast Line
Chrysler Corporation
Coca Cola
Columbia Gas & Elec
Continental Motor
Continental Oil
Curtis Wright
Delaware
Lack” West
Ecco
Douglas Aircraft
Csccccseeses
T de Nemour Eaceeecoessle
Eastern Air Leeeereeeetereee
Eastman Kodakeee
General Electric
Csessesee
General Foods
Csessesees
Goodyear
Twinois Central
Nickel
Tel & Tel
Cccer Ccsseccee
Kennecott Copper
Kroger Company
Libby Owen Ford Gl
Liggett & Myers
Sscesseres
National Cash Register
National Distillers
Paramount Pictures
Esos
Penney J. Co Co
Pennsylvania
Pepsi Cola
Philco Corporation
Seseeeres
Phillips Petroleum
Vibe Pittsburgh
Pullman Company
Radio Corporation
Republic Steel
Trans & Western Ai
Union Carbide
United Airlines Weitt
United Aircraft
United Corporatis
United Gas Imp
United States Rubber
U.S. Smelting & Ref
United States Steel
Vanadium Corporation
Vick Chemical
Virginia-Carother West Auto
Supp West Maryland
Western Union Westinghouse E Woolworth & Co
Zenith Radio
Weer IP
Erreeel
Nical
Red's
E. Commerce ST
Snow Lumber Co
E. V. New, C. H, Myrick
Tobiai
Leaf Markets
Bill’s Heating CO
Howington
High Point
N. Co
Tobias
Ground Observer Corps
Dick Hardy
Exchange Club
Straughan’s
U. S
Lion Broom Sale
Mr. Leipman
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