Escalating Suez Crisis Reports Heat Up in Middle East
Early reports describe Israeli attacks around Abou Ogueila and Atou Oguieva as fighting intensifies in the Sinai while Egypt rejects a 6:30 am ceasefire demand. British and French plans to deploy troops loom as naval and air actions flare near Haifa and around the canal zone.
MENTIONED IN THIS ARTICLE
Abou Ogueila
Abu Awugila
Wea
Gaza Strip
Atou Oguieva
Qusaima
Kuntilla
Egypt
London
Paris
Suez
Canal Zone
Canal
Sinai Peninsula
Suez Canal
Haifa
Israel
Cairo
Mediterranean
Cyprus
Defense Ministry
Russians Withdraw Under Pressure in Budapest Crisis
Reports say most Russians left Budapest after air force threats failed to trigger an attack within 12 hours. Rebels claim loyalty from Hungarian units and a general strike continues. Secret police and firefights persist as Nationalists revive old parties and negotiations with the Freedom National Council begin from Gyper.
MENTIONED IN THIS ARTICLE
Budapest
Nagy
Hungary
Freedom National Council
Gyper
Bela Kovacs
Communist Party
Republic Square
Soviet Union
Vienna
National Guard
London Eden remarks rattle markets in heavy trading day
In New York trading a sharp selloff followed Prime Minister Eden's Commons statement on Middle East interests. Losses then steadied with modest gains in copper and aircraft stocks later. Downtick about two percent, with Du Pont, Youngstown Sheet & Tube, Standard Oil and Texaco among notable decliners.
MENTIONED IN THIS ARTICLE
New York
Eden
House of Commons
Britain
Middle East
United States
New York Stock Exchange
du Pont
Youngstown Sheet & Tube
Standard Oil
New Jersey
Texaco
Douglas Aircraft
Dow Jones Averages Reported At Noon And Close
The Dow Jones averages show figures for 30 industrials 12 noon 483.86 p.m. 481.21 close 486.47 rails 156.89 utilities 66.51 stocks 171.08 volume totals 380,000 1,020,000 1,830,000 with Furnished By Bache & Co.
MENTIONED IN THIS ARTICLE
Bache & Co
Allies Split In UN Over Mid East Moves
The UN Security Council failed to unite on Middle East moves as the United States rejected implications that the British French ultimatum was justified. Sobolev called vetoes a black day for the council while Britain France pressed urgency and security grounds. Eban supported Israel's military action to strike commando bases in Egypt and other delegates urged a General Assembly emergency session.
MENTIONED IN THIS ARTICLE
Mid-East
United States
Arkady A. Sobolev
Security Council
Israel
Suez Canal
Sir Pierson Dixon
Britain
France
Inter
Exuberant prosperity seen by business experts
Businessmen and economists foresee continued prosperity through late 1956 and into 1957 despite political and global turmoil. Banks cite high employment and rising production while warning that flat profits and tight credit could restrain further plant and equipment spending.
MENTIONED IN THIS ARTICLE
New York
Europe
Middle East
David F. Austin
U.S. Steel
The
Guaranty Trust Co. of
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Suez Zone
Associated Press
Bache & Company
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Bethlehem Steel
Burlington Mills Corp
Chrysler Corp
New York Central RR
Cone Mills Corp
Eastman Kodak
Pepsi-Cola
Greyhound Corp
Procter & Gamble
General Dynamics
Reynolds Tobacco
General Electric
Republic Steel
Gulf Oil
Sears Roebuck
General Motors
Southern Railway
Goodyear Tire & Rubber
J. P. Stevens Co
International Harvester
American Tel
International Tel. & Tel
the Texas Co
Standard Oil Co
Union Carbide & Carbon
Jones Laughlin Steel
United Aircraft Corp
Johns Manville
Westinghouse Electric Co
Loew's Inc
U. S. Steel
Norfolk & Western Ry
Phillips Petroleum
F. W. Woolworth Co
Pennsylvania Railway
Dow-Jones
Louis de Guiranguad
Nasser
Abba Eban
Wipeour
Joza Brilej
Yugoslavia
U.N. General Assembly
Tina
Business Mirror
By Sam Dawson
Weathertron
General
Electric
Zett
N. Main ST
High Point
Consumer Finance
East Commerce Street
Cath
Family Finance & Acceptance Corp
of High Point, Inc
Chevrolet
AAA
Alcan
Alaska
Yukon
Dawson Creek
B.C
Fairbanks
Cameo
N. Main Street
High Point, N. C
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