Business Slows as Demand Tapers In Late October
New York, Oct 28. Business and industry slowed this week amid weaker consumer demand and a rounding off in production. Steel output hit a fresh high while retail sales declined and inventory buying softened. Overall activity remained high. stock prices fluctuated with a solid bottom, and banking and credit measures showed only modest shifts.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
National Association of Purchasing Agents
Ago
Estia
Alre
Canada
Washington
Powerul United Automobile Workers Union
Carl Stellato
UAW
Ford
Truman
Securities Bid and Asked Prices From NASD Guide 1950
Unofficial security quotations dated 10 25 50 list bid and asked prices from NASD and other sources for numerous corporations including Acme Alum Al, Alabama Mills, American Enka, Chase National Bank, Carolina Tel Co, Dixie Home Stores, New Britain Machine, Newport Steel, Piedmont Aviation, Seaboard Financial, Standard Stoker, Tex Texiles, Transcontinental Gas, and Wachovia Bank.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Acme
Alart Sou RR
Alabama Mills
American Enka Corp
American Marietta Co
American Trust Co
Atlanta Gas Lt Co
Auto Finance’Co
Auto Finance
Bank of Manhattan
Bassett Furn Industries
Bausch & Lamb Op
Siralls & Bryson
Blue Bell, Inc
Bludgins Co of Shelby
Buffalo Eclipse Corp
Butler's Inc Com
Butler’s Inc
Cannon Mills
Carolina Mtn Tel Co
Caro Pow & Lt Co
Carolina Tel & Tel Co
Chad Hos Mills, Ince Com
Chad Hos Mills
Chase National Bank
Douglas & Lomason
Ero M Coeee Ee
Garfinckel, Julius & Co., Inc
Cecvecscocess Rosso Life
Casins Co of
Tenn
Nat'l Food Prod Co
New Britain Machine Co
Newport Steel
McBee Company
Morganton Furn Co
Peninsular Telephone Co
Peoples Savings Bank & Genuine Parts Co
Home Finance
Hytron Radio & Elec Com
Irving Trust Co
Access
Lone Star Steel
Monumental Life Ins Co
Trust CO
Ceeeeee Gordon Foods, Inc
Hanes, P H Knitting Co
Home Insuranc Co
Hotels
Statler
Inter Mtn Tel
International Cellucation Ivey, JB & CO Cessevess
Piedmont Aviation
Pilot F F Mills
Ceseees
Potash Co of
Amer
Pyramid Life Ins Co
Robertson, H H
Rose
Rulane Gas Co
Saco Lowell Shops
Seaboard Fin
Security Nat'l Bank
Sou Webbing Mills
Standard Stoker Co
Spindale Mills
Talon, Inc
Eee
Taylor Foods Eer
Tenn Gas Tram
Texas Easton Trans
Textiles, Inc Com
Textiles, Inc
Fidews! Corp Eee Eeenee
Tidewater Power Co
Towmotor Corp Eeeneeeee
van Camp Sea Food Co
Victor Products Corp
Wachovia Bnk & Trst Co
Warner & Swasey Co
Lwest Point Mfg Co
Wilmington Savings & Trust
Oswinn & Lovett Gro
A Bomb Stockpile Asserted by AEC Chief
Atomic Energy Commission Chairman Gordon Dean told a Washington news conference that the United States is stronger than Russia and now has a larger atomic bomb stockpile than a year ago. He warned that even one atomic bomb is too many for a nation unfriendly to the United States.
MENTIONED IN THIS ARTICLE
United States
Atomic Energy Commission
Gordon Dean
Washington
Russia
International
Stock Market Back On The Straight Path
The stock market regained a steadier course after Thursday’s drop and Friday’s partial rally. Most moves stayed within about 25 cents, with gains and losses mixed and many issues close to previous closes. Notable shifts included NY shipbuilding dropping after dividend news while U S Steel Bethlehem Steel Chrysler Studebaker and others gained. General Motors Goodyear Woolworth Radio and Du Pont fell amid mixed trading.
MENTIONED IN THIS ARTICLE
New York
N. Y. Shipbuilding
U. S. Steel
Bethlehem Steel
Chrysler
Studebaker
Columbia Gas
Westinghouse Electric
Pennsylvania R.A
Baltimore & Ohio, Texas Co
Loew's
General Motors
Goodyear
Woolworth
Radio Corp
An Smelting
du Pont
General Electric
Sinclair Oil
American Airlines
Johns- Manville
Carnegie Awards Honor 25 Heroes Across 13 States
The Carnegie Hero Fund Commission awarded bronze medals to 25 heroes from 13 states for bravery. Posthumous honors went to Maurice Ahearn Jr. for rescuing students in Connecticut. Hull Wright and James Woffenden died during rescue attempts near Pittsburgh.
MENTIONED IN THIS ARTICLE
Pittsburgh
Carnegie Hero Fund Commission
Pennsylvania
California
Florida
Arkansas
Louisiana
New Jersey
Wisconsin
Washington
South Dakota
Idaho
North Carolina
Texas
Connecticut
Maurice A. Ahearn, Jr
Kil
Kingsworth
Conn
Norman
Oklo
Ahearn
Hull Wright
Pittsh
James Woffenden
Pitts H
Wright
Record earnings surge as economy faces new controls
Industrial production climbs to a peak while Washington tightens curbs and data show record earnings and dividends across firms. NPR signals and NPA actions threaten a temporary slowdown before a defense production spurt, as auto and steel sectors reel from policy shifts.
MENTIONED IN THIS ARTICLE
Washington
Stock Exchange
Waington
Credle Dies in Raleigh after Brief Illness
William F. Credle, director of the division of schoolhouse planning for the North Carolina State Department of Public Instruction, died at his home after a short illness.
MENTIONED IN THIS ARTICLE
Raleigh
William F. Credle
State Department of Public Instruction
Swiss Engineer Develops Plywood Substitute with Wood Core
A Swiss engineer unveils a plywood substitute featuring a ground wood center and an outer layer of shavings. The design aims to combine strength with lighter texture for potential building and craft uses.
Also Mentioned on This Page
G. A. Phillips
Old-Age Insurance
Member
Federal Deposit Insurance Corporation
Adams Exp
Admiral
Alleghany
At&t
Arm & Co
At&sf
All Ref
Atlas
Curt Wright
Davison Chem
del Lack & W
Doug Aire
DuPont
Eastman Kod
Elec Auto Lt
Firestone
Freeport Sui
Elec
Gillete
Glidden
Graham Paige
Gt Nor Ry Pf
Hud Mot
Hupp Corp
Tl Cent
Int Harvest
Int
Nick Can
Int Tel & Tel
Johns Manville
Kennecoott
Kroger Co
Libby O F Gl
Ligg & Myers
Lockheed
Loews
Lorillard
Louis & Nash
Mack Truck
Mo Ki
Mont Ward
Motorola
Murray Corp
Nash Kelv
Nat Biscuit
Nat Cash Reg
Nat Dairy Prod
Nat Dist
Nat Lead
Nat Pow & Lt
NY Cent
North Amer
Not Pac
Ohio Oil
Otis Elev
Pac
Packard
Parm Pic
Penney JC
Penn-Dix
Penn RR
Pepsi Cola
Philco
Phillips Pet
Pitt Scr & B
Pullman
Pure Oil
Rem Rand
Repub
Sti
Reynolds B
Sears
Socony
Sou Pac
Cal
Oil Ind
Ltd
Ol NJ
Stewart Warner
Swift
Tex Co
Tex Gulf Prod
Tex Gulf Sul
Textron
Timken Det Ax
TransAmerica
Trans & West Air
Union Carbide
Union Pac
United Airl
United Aire
United Corp
United Fruit
US Pipe
US Rubber
US Smelt & Ref
US Steel
Caro Chem
Vick Chem
Warner Pict
West Mary
West Union
West Eloc
Wilson
Youngs S & T
Business Mirror
By Sam Dawson
National Depot Home Builders
NPA
C. E. Wilson
Poe Gen — Steel
Edward L. Ryerson
Inland Steel
NPR
Office of Rubber Reserve
Federal Reserve Board
Presaral Motors
W. F. Credle
Aya
Penney
Rayon
M. L
Penney S