Wall Street Gains In Broad Market Rally
New York stocks rallied with the Associated Press average up 1.20 to 180.40 at noon. Leading issues rose around 2 points or more as steel demand and price increases boosted shares. Downtick strength centered on Kennecott International Nickel Anaconda and Du Pont among others as rails and industrials posted gains.
MENTIONED IN THIS ARTICLE
New York
Eisenhower
Wall Street
Kennecott
U. S. Steel
Bethlehem
Jones & Laughlin
Lukens
Youngstown
International Nickel
Anaconda
Kaiser Aluminum
Alcoa
Chrysler
General Motors
Ford
Studebaker - Packard
Boeing
United Aircraft
du Pont
Associated Press
Cotton futures edge lower then rebound amid busy NY trading
Cotton futures opened 25 cents a bale lower before turning higher as New York stocks show mixed moves. Major industrials and energy firms listed in the 1 p.m. summary include American Can, Allied Chemical, Bethlehem Steel, Chrysler, General Electric, DuPont, Dow, Exxon, General Dynamics, Goodyear, IBM, and U S Steel among others. Trading activity centered on May and December contracts with notable price levels cited for several blue chip names.
MENTIONED IN THIS ARTICLE
New York
Dee Bache & Company
American Can Co
Allied Chemical & Dye
American Tobacco Co
Bethlehem Steel
Burlington Mills Corp
Chrysler Corp
New York Central RA
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Haadtweeatuee Ee Gee
Seeseececess
Ma Ieekeesavense
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel. & Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western Ry
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Procter & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
Southern Railway
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
Dow Jones Averages Snapshot and Volume Report
The Dow Jones averages include 30 industrials trading around 9050 with rails near 160.52 and 33. utilities at 68.54 and 66.41. The overall stock index sits around 178.1 with volumes listed as 1,800,000 and value around $50,000.
MENTIONED IN THIS ARTICLE
Bache & Co
Frew
Fighting in Moscow Hungary border continues amid standoff
Reporting on the crisis the article notes ongoing fighting as Moscow demands Soviet troop withdrawal from Hungary while no move toward free elections or a representative government is seen. A rebel committee arrived in Budapest to urge calm and work resumption as food supplies are secured though outside communications remain cut.
MENTIONED IN THIS ARTICLE
Moscow
Hungary
Gyver
Budapest
Small business and big business clash over profits and loans
The piece surveys how tight money and competition press small firms while big businesses claim mutual benefit. It cites banking data on loans under 100000 and contrasts small firms' financial and operational challenges with big firms’ advantages in research, government contracts, and capital access.
MENTIONED IN THIS ARTICLE
New York
Uncle Sam
Banking Fraternity
American Bankers Assn
Satellites Slow on Aid and Shifts in Hungary Crisis
Rebels in Hungary report mixed signals as Soviet troops reportedly withdraw from Budapest while tanks stay in the city. Dulles in Dallas outlines a three point US policy to aid Eastern European nations seeking independence without threatening Soviet influence. The scene remains unsettled with no consensus from rebel leaders on Nagy’s concessions and negotiations with Poland.
MENTIONED IN THIS ARTICLE
Budapest
Nagy
Gyper
Hungary
Popular Front
Poland
U. S
Russia
Dallas
Dulles
United States
Yugoslavia
Tito
Kremlin
Europe
Marine Tried For Striking Recruits At Parris Island
At Parris Island South Carolina a Marine mess sergeant Sgt Edwin Kravitz goes on general court martial for allegedly striking 12 recruits on mess duty. He faces possible dishonorable discharge and one year hard labor on each of 12 specifications plus forfeiture of pay. Details emerge on August 28 incident and one recruit treated for back contusion. Trial counsel is 1st Lt. Charles H. Washburn Jr. defense 1st Lt. George P. Gunscombers. Maj. Jack Herod is law officer.
MENTIONED IN THIS ARTICLE
Parris Island
S.C
Edwin Kravitz
Matthew McKeon
Suiekees
Richard J. Bille
Kravitz
White Plains
N.Y
H&s Battalion
Incnodl
Jack J. Holmes
Columbus
McKeon
Bille
Charles H. Washburn Jr
George P. Gunscombers
John P. Leonard Jr
Oscar Peatross
Vege Etal ‘Vilitens H. Kuhastagna
Mavey
George E. Otott
F. Sumrall
Allen H. Somers
Paul W. Fuetterer
Aden Windham
Maj
Jack Herod
Violent Death Toll Reported Across North Carolina
The Associated Press notes at least fourteen deaths from violence over the weekend across North Carolina. Incidents include a Greensboro car crash fatally injuring Charles F. Schulz, an 11 year old struck by a truck near Rowland, and multiple wrecks near Plymouth and Henderson. A Newton salesman, Robert Leslie Woodin, was killed after being struck by a car and Charles Robinson, a Newton Negro, is charged with manslaughter. Other victims include Victor B. Wooten of East Bend, 15 year olds Martha Jean Anders and Florida Jean Smith plus9 Erline Smith, all linked to separate accidents or fires. Authorities report numerous fatalities across Carteret, Onslow, Nash, and Pitt counties with victims identified by name and age.
MENTIONED IN THIS ARTICLE
Charles F. Schulz
Greensboro
Rudolph Chavis
Rt. 2
Rowland
U.S. 64
Plymouth
David Gerard Bauth
Edmonton Naval Air Station
Dallas Lee Blount
Rt. 1
Bauth
Ojai
Calif
Joe Ransom
Virginia Furlough
Wester Reid
Stantonsburg
Alexander Wilson
Beauffort
Carteret County
Edward Rice
Rt. 3
Henderson
David Eugene Martin
Camp Lejeune Negro
U.S. 17
Onslow County
Lawsonville
Paul Howard Brown
George Allen Brown
Danbury
Newton Novelties
Robert Leslie Woodin
Ithaca
N.Y
Newton
Charles Robinson
East Bend
Winston Salem Hospital
Winston Salem
Victor B. Wooten
Martha Jean Anders
Hendersonville
Florida Jean Smith
Erline Diane Smith
Archie Drake
Accident Record Corrects Driver’s Race After Error
Police reports mislisted Alton Bennett Hilton, 46, of Route 2 High Point as Negro in a three car accident Saturday. Hilton is identified as a white man.
MENTIONED IN THIS ARTICLE
Alton Bennett Hilton
Route 2
High Point
Hilton
Golf ball sizes compared across regions
A US standard golf ball measures 1.68 inches in diameter while golf balls used in other countries measure 1.62 inches. This domestic standard differs from international practice, reflecting historic sizing choices and governing body specifications.
MENTIONED IN THIS ARTICLE
United States
Countries
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Auto & Truck
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S. Main ST
Dow-Jones
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Lamb's Heating CO
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WEBTV
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Bill Hickok
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Ernie Ford
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UTA
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THE
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Rescen
Thomasville Rd
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