Space age stocks rise on defense hopes in New York market
Space age stocks gained in early trading and eased later as investors tracked government space and defense spending. Key names mentioned include General Dynamics, General Electric, Gulf Oil, Chrysler, Dow, DuPont, and U.S. Steel amid a mixed session with fractional gains and losses. Cotton futures opened with small shifts, showing varied movement across contracts.
MENTIONED IN THIS ARTICLE
New York
U.S
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber International Harvester
Johns Manville
Loew's Inc
Norfolk & Western Bay
Phillips Petrolewn
Pennsylvania Railway
Jones Laughlin Steel
Pepsi-Cola 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
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Procter & Gamble
Reynolds Tobacco
Republic Stee
Sears Roebuck
Southern Rwy
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
American-Marietta
Billups Petroleum
Colonial Stores
Life
Drexel Furniture
Gulf Life Ins
Jefferson Standard
N. C. Tel. Co
Piedmont Nat. Gas
Piedmont Nat. Gas 17% 18% 37 |Public Serv. of
N.C
Pyramid Life Ins
Security National Bank
United Ins. Co
Wachovia Bank
National Old Line Ins
WWE
Mar
Sedodeeiasée
Nckscsévadvae
Pool Sale Appeal Questions Lindley Park Pool Deal
An appeal notice was filed with the Fourth Circuit by Black residents challenging Greensboro’s Lindley Park pool sale. They argue the $85,000 transaction was a mock sale to dodge integration requests, a claim rejected by U.S. District Judge Edwin Stanley who found no collusion between the city and Greensboro Pool Corp.
MENTIONED IN THIS ARTICLE
Greensboro
U.S. 4Th Circuit Court of Appeals
Lindley Park
U.S. Middle District Court
Edwin Stanley
Greensboro Pool Corp
Weather and News Brief from Charlotte
Charlotte report notes Amos and Andy segment at 11:00 with weather outlook and news headlines. Immediate coverage focuses on local schedule details and top stories for the morning.
MENTIONED IN THIS ARTICLE
Arthur Murray
Fibber McGee
Don
Jack Pear
South Development Cited as Result of Leadership and Tech
Governor Faubus argues the South’s development stems from intelligent leadership coordinated effort and applied technical knowledge. He notes nine of ten key growth factors rate excellent or good for the region. Capital remains a weak point, but progress is shown in bank deposits and local development corporations financing new industry.
MENTIONED IN THIS ARTICLE
South
Faubus
Van Doren Confident Amid Quiz Show Investigation
The Van Doren scandal shifts from New York to Washington as House investigators say most Twenty One episodes were fixed. Van Doren, suspended by NBC, initially denied impropriety and later disappeared before Washington hearings resume November 2 with a hoped testimony.
MENTIONED IN THIS ARTICLE
van Doren
District Attorney's Office
New York
House Investiigating Group
Washington
Harris
Columbia
NBC
Three Held For Trial In Municipal Court
Burnett Reaves Jr. 29 of E Washington Street bound over for assault with intent to kill after allegedly cutting Robert Franklin in the stomach. Catherine F. Green accused of shooting Mary Grace in the left arm with a pistol. Larry McEachin 32 bound over on three forgery counts and will be tried on three check charges.
MENTIONED IN THIS ARTICLE
Burnett Reaves Jr
E. Washington Street
Robert Franklin
Catherine F. Green
Mary Grace
Larry McEachin
High Court Avoids Integration Details
The Supreme Court on Monday refused to review Prince Edward County Virginia’s stand against integration and dismissed appeals on North Carolina pupil placement and a Norfolk Virginia funds case. The court also declined to hear challenges to the 14th Amendment and a Mississippi death-penalty case. Article notes prior related Alabama ruling and a NAACP contempt matter.
MENTIONED IN THIS ARTICLE
Paul M. Yost Washington
Prince Edward County
North Carolina
aNegro
High Tribunal
William C. Douglas
Supreme Court
Alabama
Norfolk, Va
High Court
Flight Plan Outlined for Mercury Test Missions
NASA maps a Atlantic to Pacific flight path for Mercury capsules including a test of a Big Joe rocket planned for September 9. Leroy Cooper notes the course is set by launch direction with recovery miles downrange and a $2,500 reward for capsule recovery on display at the base.
MENTIONED IN THIS ARTICLE
Atlantic
Cape Verde
Bey
New Guinea
Marshall Islands
Honolulu
Pacific
San Diego
San Angelo
Tex
New Orleans
Bahamas
Mercury Astronnaut
Leroy Cooper
Air Force
Mercury
Cadey
NASA
U.S. A
GOP Chairman William E Cobb to Speak at Management Group
William E Cobb, North Carolina GOP chair, will address the Society for the Advancement of Management at Starmount Country Club in Greensboro tonight at 6 30. Cobb, Morganton resident and Yale graduate, previously served as State Senate minority leader and was elected state party chairman last year. He has recently traveled to Cuba and West Africa.
MENTIONED IN THIS ARTICLE
William E. Cobb
Republican Party
North Carolina
Society For the Advancement of Management
Starmount Country Club
Greensboro
Morganton
Cobb
New England
Yale University
State Senate
Senate
Cuba
West Africa
la St i
Alexander Turns Down Coadjutor Position
Greensboro AP reports Bishop Richard Henry Baker will host a meeting of the North Carolina Episcopal Diocese Standing Committee on October 27 to plan selecting a bishop coadjutor after Rt. Rev. George Moyer Alexander declined the nomination. The School of Theology dean at the University of the South Sewanee Tenn said Alexander could serve better by staying at his current post.
MENTIONED IN THIS ARTICLE
Greensboro
North Carolina Episcopal Diocese
Richard Henry Baker
George Moyer Alexander
School of Theology
University of the South
Sewanee, Tenn
Dow Jones Averages and Trading Volume in Early Quotes
The report shows Dow Jones averages and industrials movement with market quotes from Bache & Co. Volumes around 0.88 to 1.34 million shares indicate fluctuating interest. The piece reflects parched, incomplete data typical of early stock summaries.
MENTIONED IN THIS ARTICLE
Bache & Co
Governor Hodges to address North Carolina Realtors Convention
Gov. Luther Hodges will deliver the opening address at the 38th North Carolina Association of Realtors convention in Asheville. He speaks at the opening luncheon presided by C. Cliff Cameron of Raleigh. James M. Udall of Los Angeles will also speak, with business clinics in the afternoon and officer elections Saturday. Alton Stanford of High Point will preside over sessions as a regional vice president.
MENTIONED IN THIS ARTICLE
Luther Hodges
North Carolina Association of Realtors
Asheville
Hodges
C. Cliff Cameron
Raleigh
James M. Udall
Los Angeles
National Association of Real Estate Boards
Alton Stanford
High Point
Textile Executive C Eugene Rowe to Speak at PAG Meeting
C Eugene Rowe secretary treasurer of Dan River Mills Inc Danville Va will be the guest speaker at a Piedmont Chapter National Association of Accountants dinner meeting at 6 pm Thursday Mayfair Cafeteria Greensboro He will discuss Cash Flow Programming Creation and Control of Working Capital Cecil F Adamson assistant controller of Burlington Industries will chair the session
MENTIONED IN THIS ARTICLE
C. Eugene Rowe
Dan River Mills, Inc
Danville
Piedmont
National Association of Accountants
Mayfair
Greensboro
Rowe
Cecil F. Adamson
Burlington Industries Inc
Leaf Resistant To Black Shank Is Developed
AP Raleigh report states tobacco researcher J Lawrence Apple of North Carolina State College has transferred black shank resistance to tobacco plants with no apparent yield or quality loss. The breakthrough uses a resistance source from a wild South American tobacco variety and may take years before farmers benefit.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
J. Lawrence Apple
North Carolina State College
Apple
South America
Also Mentioned on This Page
J. Sturgis May & Company
Security Bank
Cal
America
FTD
Olls
Florists’ Tececrarn
Wfemy-Tv
Douglas Fawards
U. S. Marenal
Flack
Red Skelton
Garry Moore
RFC Piedmont
Sangaroo
Love Lacy
Art Linkletter
Wsjs-Tv
Winston-Salem
Wednfanay
Harvey Dinkens
RCA Victor
Dumont
Television Sales & Service
North Main
Charlotte
Amos
Andy
Wsoc-Tv
Dr. Malone
High St
NBC News
Wsls-Tv
Roanoke
Mr. Lewis
Eduard Franz
Molly Picon
Alan Reed
Anna Maria Alberghetti
Ernest D. Glucksman
Ralph Nelson
Jerry Lewis Enterprises, Inc
Hubbell Robinson Productions, Inc
General Tires
Hughes Tire Service, Inc
Ge. F
Hughes
Wunc-Tv
Chapel Hill
Channel
Dan Moody
Texas
United States
National Assn
Robert Lee Goldsby
Vaiden
Miss
U.S. Circuit Court
Goldsby
GOP Chairman
Alexander
Colored News
Sadie Sellars
Reidsville
Mt. Herman Baptist Church
Elsie Crosby
Elwood St
James Crosby
Sallie
Flametta Crosby
Johnie F. Emerson
First Emmanuel Baptist Church
D. D. Mason
Greenhill Cemetery
Dow-Jones
Averanes
FBI
James Stewart Vera
Miles Technicolor
Rial
Richard Henry - Fonda
Anthony Dorotiny
Dolores
Tonite
George Baker
Vawa Dors West
Terence Morgan
Crescent
Jackie Coogan
Bob Mitchum
Nevada
Midway Tiheatre
Kathy
Dan Duryer
Jan Sterling
Plymouth
Bill
Kirk Dou
Nowhere
Mamie van Doren
Mel Torme Ray Anthony
Maggie Hayes
Paul Anka
Cathy Crosby
Gig Perreau
Elinor Donahue
Gloria Talbott
Stnks
Paramount
Clifton Webb
Jane Wyman
Gary Crosby
Jill ST. John
Ratassa cc
Luke Oreecomwtene
Kim Fredric Novak
Erat
TC 3 Company
Jalousie Laren
Tg Cp
Gieemboro, N. C
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