Market mixed near record as gains hold narrow
New York stocks moved unevenly near a record high with most changes within a point. Steel and chemical names posted small losses or gains as investors booked profits and shifted into favored issues amid a three day rally.
MENTIONED IN THIS ARTICLE
New York
Rhodesia
Canada
American Motors
Magma
Kennecott
Anaconda
Phelps Dodge
Homestake
International Nickel
Ford
Brunswick-Bulke
U.S
Minute Maid
Lockheed
Boeing
Douglas
U.S. Steel
American Telephone
Eastman Kodak
Air Reduction
Raytheon
Sperry Rand
Allied Chemical, Texas Co
Ilinois Central
American Smelting
U. S
Leasing expands as firms shift to long term equipment use
A Dow Jones overview notes rising long term equipment leasing by firms from American Can to General Motors amid tax incentives and capital preservation aims. The study by the Foundation for Management Research cites 1950 to 1955 trends, with 89 of 1,837 firms leasing by last year and 71 leasing worth over $50,000, signaling expected growth toward 10 percent of production equipment on long term leases within five years.
MENTIONED IN THIS ARTICLE
Douglas Aircraft
DuPont de Nemours
Dow Chemical
NEW York (Ap
Bache & Co
Eastern Airlines
American Can Co
Consolidated Edison
Allied Chemical & Dye
Eastman Kodak
Adams-Millis Corp
Greyhound Corp
Us American Tobacco Co
General Dynamics
Borden Co
General Electric
Bethlehem Steel
Gulf Oi
Burlington Mills
General Motors
Chrysler Corp
Goodyear Tire & Rubber
New York Central RR
International Harvester
Cone Mills Corp
International Tel
Carolina Light & Power
Standard Oil Co
Jones Laughlin Steel
Automation and Scientific
Johns Manville
Loew's Inc
Norfolk & Western Ray
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Procter & Gamble
Kasling
Foundation For Management Research
Chicago
Foundation
United States Leasing Corp
San Francisco
Television Programs Call Ti 30 Movie Roar
Television guide item notes a 30 minute movie titled Roar with a sign off caption. It lists airtime or channel cues and program scheduling details for viewers in a concise TV listing style.
Dow Jones Averages Reported by Bache & Co
The Dow Jones averages are listed with figures for Noon and 1 p.m. across indices including Industrials, Rails, Utilities, and Stocks. Trading volume is shown at 630,000 and 1,280,000 for two periods, with a total of 3,570,000.
MENTIONED IN THIS ARTICLE
Bache & Co
Rambler Unveils 1959 Line With Fresh Styling And Economy
American Motors introduces the 1959 Rambler lineup featuring new exterior and interior styling and engineering aimed at greater economy and durability. The Rambler Six and Rambler Rebel V-8 go on sale tomorrow at 2,600 dealerships alongside Ambassador V-8 and Rambler American models. Eleven models including station wagons and sedans are offered in six and V-8 series with split-tone colors and new super-enamel finishes. The cars retain similar overall dimensions with five foot wide front and rear seats and use a single unit construction reducing weight and bulk. Local distributor is Sloop Auto Service in Wheeling? 804 W. Broad St.
MENTIONED IN THIS ARTICLE
American Motors Today
Rambler
American Motors
Ramblers
Sloop Auto Service
Broad St
Safety Chief Addresses Club Here
Major Charles A. Speed, director of highway safety, spoke to the High Point Exchange Club last night noting three traffic deaths per year in North Carolina. He cited weekly injuries totaling 365 and property damage of 250000 in seven days, blaming negligent drivers as the most dangerous group and calling for more highway patrols and court facilities. Special guests included Police Chief C. C. Stoker and Traffic Captain J. R. Teague. Gordon Weathers was inducted into the club. Lester Morgan honored as Exchangite of the year.
MENTIONED IN THIS ARTICLE
Charles A. Speed
High Point Exchange Club
North
Corona
Major Speed
C. C. Stoker
J. R. Teague
Linwood Johnson
E. L. Walker
Gordon Weathers
Lester Morgan
Accessories and tools stolen from suburban residences
Officers investigated thefts from two suburban residents. Dean Moore reported three hub caps and two green fender skirts missing from his auto parked at Reliable Upholstering Co. on Tate Street. W. L. Adams reported a Craftsman paint sprayer stolen valued at $150 with motor and compressor on opposite sides.
MENTIONED IN THIS ARTICLE
Dean Moore
Fraley Road
Reliable
Civitans Hear Talk On Fires
Twilight Civ itans heard Capt Tom Shelton of the local fire department warn that fire is a ruthless killer and busiest thief. He cited 1957 fire deaths of about 3000 children and said preventable fires account for most blazes. Clarence Boylen joined as a new member as a report on a November clown show for charity was presented.
MENTIONED IN THIS ARTICLE
Tom Shelton
Twilight Civitans
Shelton
Clarence Boylen
Hgh Point College
Wilson Rogers
Roaring Gap
Larry Mallard
Carl Bailey
Woman Files 5000 Dollar Claim Against City
Mrs. Emma Bunn of 406 Whiteoak Street served notice she may sue the City of High Point for 5000 dollars for personal damage after stepping into an open water meter hole. City councilmen denied the claim following standard procedure.
MENTIONED IN THIS ARTICLE
Emma Bunn
Whiteoak Sr
High Point
Fire Prevention Week Proclaimed in Washburn
Washburn mayor Jess Washburn proclaimed National Fire Prevention Week running October 5 to 11. He cited the Great Chicago Fire anniversary on October 9 1871 and noted two lives and $137 000 lost in Washburn fires during 1957. He urged support for effective prevention programs as the nation faced 100 000 fire deaths in the past decade.
MENTIONED IN THIS ARTICLE
Jess Washburn
Chicago
Lakme Opera Story of Hindu Maiden and British Officer
The Lakme Delibes opera centers on the romance between a Hindu village girl Lakme and a British army officer in colonial India. The tale explores forbidden love amid cultural tension and social expectations.
MENTIONED IN THIS ARTICLE
Lakme
Ten Foot Tuna Reach Med Waters For Large Catch
Reports describe Mediterranean tuna growing to ten feet in length and weighing up to a thousand pounds as fishers target large specimens. The record suggests exceptional size for notable catches.
MENTIONED IN THIS ARTICLE
Mediterranean
Machinists Swap Wives in California Divorce Case
William T. Holloway and A. Morris Underwood swapped homes after returning from Las Vegas. Both cite practicality as wives changed between Holloway and Underwood in Nevada. Each couple seeks divorce on grounds of mental cruelty, custody awarded to the women with $30 weekly child support.
MENTIONED IN THIS ARTICLE
Ontario
Calif
Willaim T. Holloway
A. Morris Underwood
Las Vegas
Navy
Holloway
Underwood
First American Colony Issued Paper Money in 1690
The Massachusetts Bay Colony became the first in America to issue paper currency to fund troops in 1690, marking a landmark in colonial finance and wartime funding.
MENTIONED IN THIS ARTICLE
Massachusetts Bay Colony
Kansas Farmland Leads Nation in Acreage
Kansas holds the largest share of farm land in the United States, trailing only an entity labeled Leas in total area. The figure reflects widespread agricultural activity across the state and underscores its rural economy.
MENTIONED IN THIS ARTICLE
Kansas
Leas
Also Mentioned on This Page
Sano
Business Mirror
Sam Dawso
Sears Roebuck Southern Rwy
J. P. Stevens Co
American Tel
Tel
the Texas Co
AP Business News
Union Carbide & Cart
United Aircraft Corp
Westinghouse Electric Co
U. S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Meg Seten
Zett
N. Main ST
Gerural
Wfmy-Tv
Greensboro
Amos
Andy
Susie
State Trooper
Donne Reed
RFC Piedmont
Arthur Godfrey
Guiding Light
Erwin
Jimmy Jean
Art Linkletter
Dow-Jones
Adult Entertainment
Elizabeth Taylor
Dan Duryea
Patty McCormick
Kathy O
Randolph Scott
Craig Stevens
Buchanon
T'Ville
High Point Road
Rock Hudson
Jennifer Jones
Kevin McCarthy
Andre Morell
Thomasville
Wsjs-Tvy
Winston-Salem
Patti Page
I A
Suate TO
Wsoc-Tv
Charlotte
Ait Heam
Television Sales & Service
North Main S&t
WBTV
General Tires
Hughes Tire Service, Inc
Hughes
North Main
Wsls-Tv
Roanoke
Turspay
Civitans
Washburn
Frontier Days
Paramount Booth
Anthony Quinn
Russ Tamblyn
Jan Sterling
Joel McCrea
Deborah Kerr
Robert Mitchum
Mr Allison
Walter
Frankie Bailes
al Eddy
Bill Bradley
Forrester
Charles McCarson
Drifters
Shady Valley Boys
Dale McDuffy
Lambert Sisters
High Point Recreation Center
W.N.O. S
Salem
Swenson
North Carolina
Midway
FTP
Ncidkaais
Pointer
Jeff
Chandler
Jeanne Eagels
Jean Simm
Rory
Calhoun
Hunters
Robt. Mitchum
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