Mixed stock market steadies after Israeli Egyptian crisis rally
New York high speed ticker lagged as selling surged in early trading. A broad mix of shares recovered from yesterday losses with gains in oils steels motors and aircrafts while Du Pont General Electric and other industrials fell.
MENTIONED IN THIS ARTICLE
New York
Middle East
Wavernee
Gulf Oil
Royal Dutch
U. S. Steel
Republic . Steel
Slagners
Lukens
Chrysler
General Motors
United Aircraft
Boeing
du Pont
General Electric
International Paper
Caterpillar
International Harvester
Allied Chemical
U. S. Gypsum
Alcoa
Kennecott Cooper
New York Central
U.S. Freight Co
Georgia-Pacific
Associated Press
Steel Price Hike Pressure Grows In Industry Fight
Pressure mounts for another steel price increase as wage and material costs push margins. Bethlehem Armco and Inland Steel executives cite high demand and wage index hikes as driving factors while production remains strained into next year.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Ceeilce
Perescery
Bethlehem
Armco
Inland Steel
Hungarians Form Five-Party Cabinet in New Government
Nagy announces a five party cabinet with delegates from the Communist Party led by Kadar, the Smallholders, the Peasant party, the Social Democrats, and a fifth figure Losonci. The government vows to recognize local democratic bodies from the revolution and urges support to restore order and hold free elections. Rebel Budapest calls persist as Russians withdraw and Danube bridges reopen. West Berlin reports unemployment drop from 160,000 to under 100,000.
MENTIONED IN THIS ARTICLE
Communist
Nagy
Janos Kadar
Communist Party
Tildy
Bela Kovacs
Peasant Party
Erdei
Social Democrats
Losonci
Kadar
Freedom Fighters
Hungary
Iace
Miskolc
Radio
Budapest
Imre Nagy
Ito
Danube
Pest
Dow Jones Averages at Noon and Close
The Dow Jones Averages show figures furnished by Bache & Co with noon and closing values. The report lists several index points such as 485.29 at noon and 487.94 at close with corresponding volume figures recorded as 2,420,000 and 890,000 respectively.
Kefauver Attacks Peace Slogan In Illinois Campaign
Sen. Estes Kefauver argues Israel's military move undercuts Republican peace slogans and urges immediate tests. He campaigns in Champaign Illinois criticising the Eisenhower administration for allegedly ignoring potential radiation danger to future generations.
MENTIONED IN THIS ARTICLE
Champaign
Ill
Estes Kefauver
Israel
Egypt
Kefauver
Illinois
Eisenhower
West Sends Troops To Suez Amid Rising Middle East Crisis
Western powers reacted as Israel moved 30 to 60 miles from the Suez Canal and two Israeli mechanized columns penetrated into Egypt. Britain and France vowed support under the 1950 declaration, the U.N. convened, and threats of a wider war unsettled global markets as Iraq and Syria mobilized along fronts.
MENTIONED IN THIS ARTICLE
Britain
Suez Canal
Israel
Tel Aviv
Jerusalem
U.N. Security Council
New York
Washington
White House
Middle East
France
U.S
Mediterranean
Christian Pineau
London
Guy Mollet
National Assembly
Iraq
Egypt
Jordan
Syria
Spat Enlivens Florida East Coast Railway Hearings
The sixth week of Florida East Coast Railway hearings in West Palm Beach featured a clash over witnesses as St. Joe Paper Co and Alfred J. Du Pont estate subsidiary contest ACL and others for control of the FEC. Independent bond holders’ counsel Faulted testimony while ACL and St. Joe accused each other of bias. Six shippers and ACL witnesses praised ACL service as sessions continued before an Interstate Commerce Commission examiner.
MENTIONED IN THIS ARTICLE
West Palm-Beach
Fila
Florida East Coast Railway
St. Joe Paper Co
Alfred J.du Pont
FEC
Atlantic Coast Line Railroad
Jacksonville
Miami
Monroe H. Freedman
St. Joe
ACL
Southern Railway
Seabound
Air Line Railroad
U. S. Navy Occupied Bahamas One Day in 1776
A brief note recalls that U S Navy occupied the Bahama Islands for a single day in March 1776 with no flag raised. Separately an industry forecast warns of a 475,000 shortfall of scientists and engineers by 1965 per the Manufacturing Chemists Assn.
MENTIONED IN THIS ARTICLE
U. S. Navy
Bahama Islands
U. S
United States
Manufacturing Chemists Assn
Valuable graveyard at Trinity Church on Broadway and Wall Street
New York City burial ground at Trinity Church on Broadway and Wall Street is described as the most valuable graveyard property in the world. Notable interments include Alexander Hamilton and Robert Fulton, among many historical figures.
MENTIONED IN THIS ARTICLE
Trinity Church
Broadway
Wall Street
New York City
Alexander Hamilton
Robert Fulton
Also Mentioned on This Page
iBache & Ee
American Can
Allied Tired & Dye
American Tobacco Co
Bethlehem Steel
Burlington Mills Corp
Chrysler Corp
New York Central AR
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
General Dynamics
Goodyear Tire & Rubber
Harvester Standard Oil Co
Jones Laughlin
Business Mirror
West Berlin
Dow-Jones
Bache & Co
Suez
Meinhard & Company, Inc
Fourth Ave
Southern Rep
von D. Oehmig
Columbus, Ga
FEC Bonds
Charles Cook Howell
Florida Railroad and Public Utilities Commission
Florida Commission
Ing
Interstate Commerce Commission
Juesday
L.C.C.M. A
HH. Kimble
Gov
M. F. Crooks
Sec
Church Street
High Point
Gta
Windsor
North Main ST
Davis-Pruett Motor Co., Inc
High Point, N. C
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