Stock market gains as steel strike eases on Friday.
New York traders sent stocks higher on news Kaiser Steel negotiated separately with their union and the Dow Jones rose early in the session. Major issues advanced with gains of 1 to 6 percent as energy and industrials led.
MENTIONED IN THIS ARTICLE
NEW York
Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
York
Cone Mills Corp
Douglas Aircraft
Kaiser Steel
DePont de Nemours
Dow Chemical Steelwork
Lear
Texas Instrument
Kaiser Aluminum
Ampex
American Motors
Litton Industries
Texaco
Investors Guide: Finding a Growth Mutual Fund
Sam Shulsky advises narrowing the 150 funds to growth options with low monthly minims of 10 or 15 dollars and no compulsory plans. Obtain the National Association of Investment Companies list at 61 Broadway New York, study prospectuses, and take time before choosing. A widow with four children is advised to hold real estate and continue a mutual fund, using savings for high grade issues. Contractual plans offer stricter commitment with prepaid commissions. voluntary plans deduct commissions monthly. Contracts provide better persistence and often more favorable insurance costs, though varies. Mr. Shulsky invites general questions in his column.
MENTIONED IN THIS ARTICLE
National Association of Investment Companies
Broadway
New York
Shulsky
Dow Jones Averages and Market Volumes Reported
The Dow Jones Averages show figures from Bache & Co with prices around 187.33 157.00 150.06 and a 6847 687.46 level for stocks. Trading volume is given as 940,000 to 2,880,000 across the period, indicating brisk activity in the market.
MENTIONED IN THIS ARTICLE
Bache & Co
Kaiser Talks Separately in U S Steel Negotiations
Separate meetings began in Pittsburg and across many cities as Kaiser and 11 other major steel firms push for a labor pact. Industry counters wage costs and pension issues while keeping a firm stance on management control. USW officials stress continued negotiations under a Taft Hartley injunction amid a broad strike backdrop.
MENTIONED IN THIS ARTICLE
Kaiser
USW
Pittsburgh
U.S. Third Circuit
Philadelphia
David J. McDonald
New York
McDonald
Kaiser Development
Toth Industries
Big Company
R. Conrad Cooper
Associated Press
U.S. Labor Dept
Passport Valid for Two Years with Two More Extension
A passport remains valid for two years and can be renewed to extend for two additional years. Authorities outline renewal options and necessary documents for the extended validity period.
Soviets Emphasize Peaceful Coexistence in Campaign Notes
The article reviews Soviet push for peaceful competition and disarmament, stressing favorable U S relations. It cites the Literary Gazette critique of Marxist-Leninist views, supports the view that ending arms races could boost international trade and employment, and cites Khrushchev's U S visit as clarifying peaceful coexistence.
MENTIONED IN THIS ARTICLE
United States
Washington
Literary Gazette
Harvard
Robert P. Wolf
New York Times
Marx
Leonid Leontyev
San Francisco Chronicle
California
Soviet Union
N. S. Khrushchev
San Francisco
Industrial Growth Cited Amid Statewide Efforts
Saunders said inquiries about North Carolina from C and D advertising reached a July to September record of 35 217 an increase of 19 over 1958. Henderson noted potential boosts from federal funds and growing industry searches in New York Philadelphia and Chicago areas as Hodges leads a tour to attract industry. C and O Board and State Ports Authority plan a European trip to woo industry.
MENTIONED IN THIS ARTICLE
Hodges
Leaksville
Raleigh
Saunders
North Carolina
C&d
Division of
Community Planning
State Park
William R. Henderson
New York
Philadelphia
Chicago
Gov,Hodges
Henderson
C&o Board
State Ports Authority
Gov
Europe
Jury Trial Opens for Pearce Embezzlement Case in Louisburg
Jury selection started in Louisburg for Joseph W. Pearce 37 charged in six counts of embezzling 15000 through the Franklinton town clerk office. A 75 member Nash County panel appeared for the trial before Superior Court Judge Susie Sharp of Reidsville.
MENTIONED IN THIS ARTICLE
Louisburg
N.C
Joseph W. Pearce
Franklinton
Nash County
Pearce
Susie Sharp
Reidsville
Alexander the Great Introduces Peaches to Europe
The article notes that Alexander the Great brought peaches from Persia and introduced them to Europe, shaping early horticultural exchange between regions.
MENTIONED IN THIS ARTICLE
Alexander the Great
Europe
Persia
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