Mixed Stock Market Reacts To Dulles Speech Hints
New York trading opened with slight activity then turned cautious ahead of a press conference by Secretary of State Dulles. Pivotal issues rose early with steels aircrafts and oils advancing but most gains faded. heavyweights like Bethlehem Steel and Republic saw mixed moves as rails and chemicals also fluctuated.
MENTIONED IN THIS ARTICLE
New York
Maree
Wall Street
Dulles
Suez Canal
International Oils
Middle East
Bethlehem Steel
Youngstown
Republic
US Steel
Douglas
United Aircraft
Glenn L. Martin
Santa Fe
New York Central
Baltimore & Ohio
Missouri-Pacific
Burlington Industries
CP and L declares 27.25 cent quarterly dividend and 500000 new shares
Raleigh firm CP and L directors announce a 27.25 cent common stock dividend payable Nov 1 for holders of Oct 5 and a plan to raise the rate to 30 cents at the next period payable Feb 1 to holders of Jan 1 1967. Proceeds from the new shares will repay bank loans and fund construction. Prefered dividends of 1.25 and 1.05 on series stock payable Oct 1 to holders of Sept 19.
MENTIONED IN THIS ARTICLE
Raleigh
Carolina Power and Light Co
Cp&l
Louis V. Sutton
Trial of 31 defendants in North Carolina liquor case postponed
In Statesville North Carolina the liquor conspiracy trial of 31 defendants is postponed while federal judges in New Orleans rule on the removal of James E Comiskey a defendant and a New Orleans wholesaler fights the case The opening was scheduled for Monday in Federal District Court but delayed pending the ruling.
MENTIONED IN THIS ARTICLE
Statesville
N.C
James M.culty
Federal District Court
New Orleans
James E. Comiskey
New Federal Mediator Arrives in Wage Negotiations
A new federal mediator from the Federal Mediation and Conciliation Service arrived in Winston-Salem as Western Electric and the Communications Workers of America held talks. C. H. Williams reported after a session that there was no progress and no agreements reached.
MENTIONED IN THIS ARTICLE
Winston-Salem
Western Electric Co
Communications Workers of America
C. H. Williams
Atlanta
Federal Mediation and Conciliation Service
Woman Killed Trailing Husband in Rural Collision
An officer reported a head on crash Tuesday killed three people. Mrs. Smith and her husband William Smith Jr. died chasing a truck driven by a 17 year old girl and her husband. Leon C. Lane also died. Randolph Smith, 2, survived. The accident occurred on a dusty rural road.
MENTIONED IN THIS ARTICLE
Wallace
Sam Briley
William Smith Jr
Randolph
Leon C. Lane
Rose Hill
Lane
Briley
73 Year Old Given Suspended Five Year Sentence
In Salisbury North Carolina a 73 year old man was sentenced yesterday to five years with the term suspended for life. The judge named Richardson Preyersen Walter Les Hessmextl as parties in the case.
New Hurricane Fund Survey Set in North Carolina
A new survey will guide the allocation of more than five million dollars in hurricane drainage funds in eastern North Carolina. Smee, engineers from the Federal Civil Defense Department, Bonner said he was pleased by the news and noted the importance of the study.
MENTIONED IN THIS ARTICLE
Washington, NC
North Carolina
Federal Civil Defense Dept
Bonner
Babe Zaharias Honored for Cancer Research Efforts
Galveston Texas notes golfer Mildred Babe Didrikson Zaharias received an engraved scroll at John Sealy Hospital for her work in cancer research. Her husband accepted the gift as doctors reported Mrs Zaharias showing improvement and could attend events.
MENTIONED IN THIS ARTICLE
Galveston
Tex
Mildred
Babe) Didrikson Zaharias
John Sealy Hospital
Zaharias
Dow Jones Averages Reported By Bache & Co
The noon figures show industrials at 157.04 while transports reach 197.78 and rails at 68.02 with stocks around 170.08 174.94 175.08. Volume numbers list 790000 1060000 and 1930000.
MENTIONED IN THIS ARTICLE
Coat Aoner
Market Roundup Lists Cotton, Stocks and Industrials
Cotton futures slide 15 to 50 cents per bale as market activity shows lower close and open prices. The report notes shifts across several months with May and October positions dipping. it also lists diverse industrial stocks including DuPont, Dow, Eastman Kodak, General Electric, U.S. Steel and Gulf Oil among others with varying percentages.
MENTIONED IN THIS ARTICLE
New York
Britain Claims Support in Martial Law Context
The report notes Britain arguing there is a limit to what free men can endure under martial law. It mentions pilots and technicians quitting their roles while Egyptian tenants face tolls and rental fees. The plan drew mixed reactions from world capitals as France and Israel voiced concerns amid Canal issues.
MENTIONED IN THIS ARTICLE
Egypt
Ee Ee Ee
Israel
Ge Ee Pricey
Guy Mollett
Egypt Moves to UN Over Canal Plan and U S Aid
Egypt and its allies clash with Western nations over a proposed canal traffic association. Egypt denounces the plan as provocation toward war while asserting sovereignty and free navigation rights. The United States recently sent a minesweeper to Belgium for mutual defense.
MENTIONED IN THIS ARTICLE
Ister Eden
House of Commons
Guy Mollet
U.S
Egypt
Abdel Kader Hatem
Yama
U. S
Belgium
Boston
Milk Regulation Hearing Sought For Six Western Counties
A public hearing in Elkin next Wednesday will consider bringing six western counties Alleghany Ashe Avery Surry Watauga and Yadkin under state milk regulation. An Asheville hearing on October 2 targets producers with bulk storage tanks seeking a 35 cent rise per 100 pounds and transport charges oversight.
MENTIONED IN THIS ARTICLE
Raleigh
Elkin
Woteeedey
Asheville
YMCA
Alleghany
Ashe
Avery
Surry
Watauga
Yadkin
J. W. Whitaker
Commission
Buncombe County
Buncombe
Cherokee
Clay
Graham
Haywood
Henderson
Jackson
Macon
Madi
Weapons Taken From Teenagers In Md Junkyard Find
Police recover 71 pistols 2 shotguns 3 rifles 1 bazooka 11 burp guns 2 machine guns 2 machine gun barrels and 4 bayonets from 30 youths in Bladensburg Maryland. Junk dealer had bought the old weapons from the government and stacked them in a yard.
MENTIONED IN THIS ARTICLE
Bladensburg
MD. i
Old Flame Burns Out In Oklahoma City
Booneville man writes police chief to resurrect Cupid and locate Myrtle after a decade apart. Capt. Wayne Harbolt finds Myrtle, now married with four children, and the suitor receives no police aid as the affair ends.
MENTIONED IN THIS ARTICLE
Oklahoma City
Booneville
Ind
Wayne Harbolt
Harbort
Myrtle
Mills says tax hearings planned for November and December
Rep Mills of Arkansas announced a special House subcommittee will hold hearings in November and December to investigate operation of the tax laws. The announcement flags ongoing congressional scrutiny of tax policy and administration.
MENTIONED IN THIS ARTICLE
Washington
Mills
D + Ark
House
Ike Accepts Invitation to National Field Days Event
President Eisenhower accepts invitation to be honorary chairman of the National Field Days and Plowing Matches set for September 20 to 22 in Newton Iowa. He will speak September 21 with Adlai Stevenson slated to follow on September 22.
MENTIONED IN THIS ARTICLE
Newton
Iowa
Eisenhower
Adlai Stevenson
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Carolina Power
New Hurricane Fund
Babe Zaharias
Moore
Benjamin Moore
Hedgecock Lumber Company
Ward ST
Dow-Jones
Bache & Co
Britain
Max Rones
Ike
Roberts
Moskins
Emerly
Cf Mont Pomp
General GP Electric
N. Main ST
Thomasville
da Ieee
Sunbeam & Dormeyer
Cordovan Ist
Militaae
Royal
Murry
Midwest
Lite
High Point
Rod