Mixed New York Stocks Drift With Aircraft and Copper Leaders
The New York market opened irregularly with turnover near the week’s slowest pace. Aircraft and copper issues showed firmness while several leading names rose fractions to around a point. Dow Jones leaders like United Aircraft Boeing Douglas and Chespeake re prices moved modestly.
MENTIONED IN THIS ARTICLE
New York
Kennecott
United Aircraft
Boeing
Douglas Aircraft
Bethlehem Steel
Burlington Mills Corp
Chrysler Corp
New York Central
R R
Cone Mills Corp
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Madison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel. & Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Westinghouse Electric Co
S. Steel
Youngstown Sheet & Tube
F. W. Woolworth Co
Corporate Profits in Third Quarter Hover Near 1955 Levels
New York businessmen track third quarter profits as 87 firms report results. Net gains average slightly below 1955's July to September period with 35 of 87 showing year over year declines. Some sectors rise while costs erode margins amid uneven textile performance.
MENTIONED IN THIS ARTICLE
New York
Divorces Filed In Municipal Court
Two divorce suits filed with the clerk of Municipal Court. Plaintiffs are John V. Rule and Elsie Ruth Rule in one case and Eve Lyn H. Whetstone and Samuel E. Whetstone in the other.
MENTIONED IN THIS ARTICLE
Municipal Court
John V. Rule
Elsie Ruth Rule
Evelyn H. Whetstone
Samuel E. Whetstone
Accountants To Meet In Greensboro
High Point members of the Piedmont chapter of the National Association of Cost Accountants will attend a Greensboro meeting tomorrow night to hear Winston-Salem businessman James E. Gibson discuss The Tax Study in Connection with the Revision of North Carolina State Tax Structure. The program at Mayfield Cafeteria starts at 6 o clock with a dinner and brief business meeting to follow.
MENTIONED IN THIS ARTICLE
High Point
National Association of Cost Accountants
Greensboro
Winston-Salem
James E. Gibson
Gibson
A. M. Pullen Co
Winston, Salem
North Carolina
Mayfield
R. L. Kirkman
Vicky Chemical Co
Piedmont
George Wirth
Western Electric Co
Worth B. Bowman
A. D. Brinton
E. D. Denny
John A. Eshelman
Parties Schedule Meetings To Boost Election Campaigns
Democratic and Republican groups scheduled events to kick off the election season. Republicans plan a precinct committeemen meeting next Tuesday night at 8 at E Commerce Street headquarters. Democrats announce a Women’s Club rally Friday on W High Street and a barbecue gathering tomorrow at 6 30 p m at S Wrenn Street headquarters with county leaders and candidates attending. Democratic women also meet Friday at 12 30 p m for a luncheon.
MENTIONED IN THIS ARTICLE
Woman's Club
W. High Street
E. Commerce Street
Frank Hutton
Democratic Organization
S. Wrenn Street
Americans Win Nobel Prize for Heart Catheter Invention
Berlin urologist Forssmann first inserted a catheter from his arm into the heart using X ray guidance, proving the heart’s inner workings. Swedish experts call this the indispensable technique for studying the heart and circulation. Later, a Columbia University team led by Cournand and including Richards refined the method at Bellevue Hospital to study wounded soldiers. East Texas has 10,500,000 acres of forest land better for timber growing than any other use.
MENTIONED IN THIS ARTICLE
Forssmann
Berlin
New York Columbia University
Cournang
Richards
New York
Bellevue Hospital
Cournand
East Texas
Dow Jones Averages Reported With Varied Industrial Movements
The market brief shows Dow Jones averages page with Bache & Co. figures for industrials and utilities. Notable values include industrials around 484.66 with mixed performance, utilities near 65, and a listed trading volume of 600,000 to 1,640,000 shares.
MENTIONED IN THIS ARTICLE
Bache & Co
Aaust
Father Son Banquet At First Methodist Church Delights Youth
A father son banquet sponsored by the Woman's Society for Christian Service at the First Methodist Church drew about 65 fathers and 130 sons ages 8 to 14. Amateur magicians Billy Davis and Jimmy Maus entertained while officials led the event with welcomes and remarks signaling the Halloween season.
MENTIONED IN THIS ARTICLE
Woman's Society For Christian Service
First Methodist Church
Billy Davis
Jimmy Maus
James S. Moffitt
C. L. Gray Jr
Robert Rankin
Glenn Perry Jr
John A. Eshelman Jr
Defense Transport Award Given
SALT LAKE CITY. Donald W. Douglas received the national defense transportation award of the year at the annual convention, with Adm. Arthur W. Radford presenting. Douglas praised future planes with 100000 payloads and speeds around 500 mph, saying such aircraft have moved from drawing boards to fabrication.
MENTIONED IN THIS ARTICLE
Salt Lake City
Donald W. Douglas
National Defense Transportation
Douglas Aircraft Co. Inc
National Defense Transportation Assn
Adm
Arthur W. Radford
Joint Chiefs of Staff
Douglas
Eisenhower Criticizes Stevenson as Political Fables
In a rally, Eisenhower attacked Stevenson for “political fables,” calling the Democratic nominee out for avoiding reality. He did not name Stevenson directly, but labeled him the opposition candidate and defended his administration’s record.
MENTIONED IN THIS ARTICLE
Stevenson
Eisenhower
New Hepatitis Treatment Shows Rapid Recovery
New York doctors report a combination therapy using cortisone and antibiotics clears jaundice and speeds recovery from infectious hepatitis. In 12 treated patients, jaundice disappeared in a week or two, with hospital stays under two weeks and no relapses noted.
MENTIONED IN THIS ARTICLE
New York
Max Jacobson
Charles Ressler
New York City
New York State
Medcine
Jacobson
Ressler
Miss America Marian celebrates homecoming at Coker College
Miss America returns after three years away, plans to finish her reign then resume studies at Coker College for two more years. She weighs in on future plans, sleeps eight hours, and enjoys broiled steak. A child’s pennant gesture and courthouse welcome mark the homecoming, with a GOP reception and Miss America ball planned in the evening hosted by city officials and Gov. Timmerman.
MENTIONED IN THIS ARTICLE
Coker College
Hollywood
Orangeburg
Marian
Manning
Augusta
George Bell Timmerman Jr
Opening Session In Music Course Tonight At 8
The first session of the music appreciation course at the High Point Public Library will be tonight at 8 o'clock in the audio-visual room. The program includes an introductory discussion on music and a film showing titled Instruments of the Orchestra. Mrs. Georgia Cox, extension librarian, leads the eight-session course through January.
MENTIONED IN THIS ARTICLE
High Point Public Library
Georgia Cox
Also Mentioned on This Page
American Can Co
Allied Chemical & Dye
American Tobacco Co
Business Mirror
Ules
Belks
Cotton & Rayon
Lace
Dupont
Dow-Jones
Defense Transport
By Alton L. Blakeslee
AP Science Reporter
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