Dow Jones Edges Down In Quiet New York Trading
In quiet trading the Dow Jones average shows a down turn amid mixed results. Stocks slipped fractions to about a point with heavy volume near 1.9 million shares, while several blue chips including U S Steel General Motors Chrysler Ford and GE fell on the session.
MENTIONED IN THIS ARTICLE
New York
Associated Press
U.S. Steel
Republic Youngstown
General Motors
Chrysler
Ford
Anaconda
Kaiser Aluminum
Dow Chemical
General Electric
International Paper
Atlantic Coast Lines
Southern Railway
Illinois Central
American Telephone
Westinghouse
International Nickel and Aluminum Ltd
Good Times Reward Bankers Liberally Era
Banks nationwide report 1956 summer earnings 10 to 35 percent above 1955 third quarter due to tight money and higher interest rates. Deposits mostly flat or down. securities losses offset by tax deductions and higher loan income. J P Morgan profits on securities. prime rate at 4 percent with loans to business rising. New York banks show near 11 billion in loans, up from last year.
MENTIONED IN THIS ARTICLE
New York
J. P. Morgan & Co
Chicago
Philadelphia
Boston
California
School Fund Applications Approved
School fund items listed total amounts for multiple districts including Union High addition 138704, Willow Tree 29347, Ridgeview new building 115452, Martins Creek 63297, Ranger addition 16528, North Elementary 135039, Mt View gym 59649, Robbinsville addition 26175, Nathanael Greene 58536, Oak City 120963, Southern Pines addition 33917, Coats new building 60042, Squire new (incomplete).
MENTIONED IN THIS ARTICLE
Union High
Burke County
Willow Tree
Hickory City
Ridgeview
Cherokee County
Martins Creek
Ranger
Gastonia City
North Elementary
Graham County
Mt. View
Robbinsville
Guilford County
Nathanael Greene
Martin County
Oak City
Southern Pines
Northampton County
Coats
Squire
New
Rising Textile Wage Pushes Prices Higher in South
New wage hikes by J. P. Stevens Burlington Industries and Deering Milliken boost Southern textile labor costs for about 600,000 workers. Cloth prices rise as mills adjust, with 80 square cotton print cloth moving from 18 to 19 cents per yard and earlier lines pulled or revised. Economic response unsettled as merchants gauge impact.
MENTIONED IN THIS ARTICLE
Bache & “Prey Oe
Rhae
Allied Chemical & Dye
Haeden Be Co
Alee Steel
Burlington Mills Corp
Chrysler Corp
New York Central RA
Cone Mills Corp
NEW York Cotton
Reynolds Tobacco
Jones Laughlin Steel
Republic Steel
Johns
Sears Roebuck
Walter Ry
Southern Railway
P . J. P. Stevens Co
Coeretroleum
American Tel. & Tel
At Railway
Texas Co
epsi-Col
Union Carbide & Carbon
Procter & Gamblere
United Aircraft Corp
Wetingouse Electric Co
S. Steel
Vauuaors Sheet & Tube
J. W. Woolworth Co
New York
J. P. Stevens
Burlington Industries, Inc
Deering, Milliken & Co
Racial Controversy Surrounds Health Official in Madison
A Madison health official resists relocation amid protests claiming fear and folly by colleagues. She cites home and children as reasons to stay, noting other job offers from Pennsylvania and California were not pursued despite appreciation for support.
MENTIONED IN THIS ARTICLE
Madison
Board of Health
Pennsylvania
California
North Carolina School Renovation and New Building Totals
The list details school construction and renovation projects across counties and towns including Jackson Elementary Pasquotank Randolph King Red Springs Stokes Swain Wilson and Yancey. Totals show new buildings additions and renovations with amounts ranging from under $8,000 to about $250,000.
MENTIONED IN THIS ARTICLE
Jackson
Pasquotank County
Pasquotank
Randolph County
Randolph High
John M. Caveness
Red Springs
Stokes County
King
Nancy Reynolds
Swain County
Alarka
Almond
Bryson City
Whittier
Wilson City
Elvie Street
Adams
Darden
Yancey County
West Yancey
Collapse of Michigan factory wing traps workers in debris
Rescue work breaks off after a wing of a Michigan factory caves in at 1 30 p m EST yesterday. Crowe recalls a blastlike rumble as men were buried, while relatives stayed through the night under floodlights. The four-story section collapsed into the basement during the blast.
MENTIONED IN THIS ARTICLE
J. H. Crowe
Francis Desmond
Jackson
Michigan
Births Noted in Local Hospitals in Early October
Richmond Virginia couple announces birth of James Wallace Jr on October 3 at Medical Center Hospital. J R Goodwin of High Point reports Robert Michael born October 2 at High Point Memorial Hospital. Debra Faye Clay and Melody Williams born October 2 and 3 at High Point Memorial Hospital. Pamela Ann Swanger born September 20 to Wingate couple. mothers listed as former Misses Lentz Brewer and Jessup.
MENTIONED IN THIS ARTICLE
J. W. Reid
Richmond, Va
James Wallace Jr
Medical Center Hospital
Reid
Tommie Lentz
High Point
Robert Michael Goodwin
J. R. Goodwin
Johnson Rd
Robert Michael
High Point Memorial Hospital
Debra Faye Clay
George Clay
Pope St
Debra Faye
Melody Williams
Theron Williams
Melody
Pamela Ann Swanger
Terry Swanger
Wingate
Pamela Ann
Presley Recording Placed In Evansville College Library Capsule
A time capsule sealed in the cornerstone of Evansville College Library this week includes a recording by Elvis Presley. The capsule is set to be opened in 2006, preserving a moment of rock and roll history within the new library.
MENTIONED IN THIS ARTICLE
Evansville
Ind
Evansville College
Elvis Presley
Atomic power costs debated at industry meeting
Industry leaders from Carolina Power & Light Duke Virginia Electric and Power Co and others discussed charter implications for atomic generated electricity. They noted current costs show transmission and distribution dominate expenses with generation only about 5 percent of total and cited a $280 per kilowatt figure for early plants. Governor Hodges attended as part of the high level briefing.
MENTIONED IN THIS ARTICLE
L. V. Sutton
Carolina Power & Light
S. C. McMeekin
S.C. Electric & Gas
T. Justin Moore
Virginia Electric and Power Co
N. A. Coke
Duke
Luther Hodges
Bank Robbery Testimony Continues in Federal Case
In Charlotte today testimony resumes in the 1955 Waxhaw bank robbery trial of James D. Johnson. Prosecutor says $8,900 was taken. Olin D. Hinson testifies he helped plan the robbery but withdrew when a third man joined. He names Johnson and a target shift to Waxhaw from Charlotte’s Wachovia Bank.
MENTIONED IN THIS ARTICLE
Charlotte
James D. Johnson
Waxhaw Bank
Olin D. Hinson
Johnson
Hinson
Wachovia Bank & Trust Co
Meet Tonight of Missionary Circle at First Baptist
News item notes Missionary Circle 2 of First Baptist Church meets tonight at 8 o clock at the church. Also announces a Catholic Bazaar Saturday at the Catholic Barn on Kivett Drive starting at 10 a.m.
MENTIONED IN THIS ARTICLE
Missionary Circle 2
First Baptist Church
Kivett Drive
Also Mentioned on This Page
Dow-Jones
Business Mirror
By Sam Dawson
Sid Caesar
WSI5
Fleetwood Corree Laa A Yy
Fleetwoo
Ana
Fleetwood
Sandlaa
Ty Fleetwood
Fleetwood Coffee Company
Greensboro
N. C
Fleetwood Deer
O Wr
James W. Reid JR
Presley
Atom
Mann
Super Drug Store NO
Main ST
Sealy
C. Dewitt Holton
S. Main St
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