Stock Market Near New High in Early Trading
The New York stock market pushed toward a record as rails led gains and industry hopes rose for a strike settlement. Major issues rose while a few blue chips slipped, with the Associated Press average up to 129.40 at noon.
MENTIONED IN THIS ARTICLE
New York
American Motors
Wall Street
Food Machinery & Chemical
Outboard Marine
Kennecott
Reynolds Metals
Anaconda
Phelps Dodge
American Smelting
Northern Pacific
Southern Pacific
Baltimore & Ohio
Southern Railway
New York Central
American Telephone
du Pont
Allied Chemical
Loew's
Standard Oil
New Jersey
Associated Press
Why Big Price Rise In Market Stirs Investors
The market faces a tempestuous rise in prices as corporate earnings appear to stabilize. Analysts weigh whether higher profits and dividends justify gains or if inflation and dollar strength are driving prices higher.
MENTIONED IN THIS ARTICLE
Ssee
Henry H. Heimann
National Assn. of Credit Management
Lin
Wall Street
The
Tax Foundation
New York
Camnanioe
Dow Jones Averages Reported With Mixed Market Activity
The bulletin shows Dow Jones Averages furnished by Bache & Co with slight changes across indices. Industrials hover near 199.4 with modest gains while other groups display varied volumes and movement patterns reflecting a cautious trading session.
MENTIONED IN THIS ARTICLE
Bache & Co
American Can Co
Allied Chemical & Dye
American Tobacco Co
Borden Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central AR
Cone Mills Corp
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
General Motors
Procter & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
Southern Awg
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
W. Woolworth Co
Investment guidance on portfolios and stock strategies
Reader questions on diversifying utilities heavy holdings to include high quality stocks and income. The columnist advises diversification, caution on blanket statements, suggests buying when funds allow, warns against borrowing for investments, and notes dollar cost averaging as favorable for broad risk spread.
MENTIONED IN THIS ARTICLE
A.t.&t
Consolidated Edison
Pennsylvania Power v Light
Wisconsin Public Service
Southern Co
Alabama Gas
Sperry Rand
Rexall
Minute Maid
Heart Assn Names N C Officers in Rocky Mount
John Taylor Manning of Chapel Hill is elected president of the North Carolina Heart Association at a Rocky Mount meeting. New officers include Henry McIntosh as president elect, Glenn Sawyer as vice president, C Hargrove Bowles Jr as secretary, and James W Woods as treasurer. New board members are C R Andrews, Ed Bond, David Citron, Harvey Estes, Carl Gottschalk, Ada Roundtree, and Mrs R B Terry.
MENTIONED IN THIS ARTICLE
Rocky Mount, N.C
John Taylor Manning
Chapel Hill
The
North Carolina Heart Assn
Rocky Mount
Harold Green
Winston-Salem
Henry McIntosh
Durham
Glenn Sawyer
C. Hargrove Bowles Jr
Greensboro
James W. Woods
C. R. Andrews
Ed Bond
Edenton
David Citron
Charlotte
Harvey Estes
Carl Gottschalk
Ada Roundtree
Wilmington
R. B. Terry
High Point
Hula hoop contest spurs 106 year old slave’s remarks
Jersey City Parks Director Bernie Berry unveils a youth hoop event. Mrs. Jane Way Baker, born into slavery 106 years ago, says recreation matters as she continues to exercise with a plastic hoop.
MENTIONED IN THIS ARTICLE
Jersey City
Bernard Berry
Jane Way Baker
Soustelle Escapes Assassins Amid Algeria Crisis
French official Soustelle dodged gunfire as Algerian assailants opened fire on his car. He and guards captured a fleeing Algerian at a subway entrance. Soustelle, longtime De Gaulle supporter, vows to persist his Algeria stance despite terror waves and prior house arrest.
MENTIONED IN THIS ARTICLE
Soustelle
Neal Algerian
de Gaulle
Algeria
Paris
Pierre Pflimlin
London
France
Airplanes In Strangest Places Near Wichita Airport
John Eli told police he was confused by circular taxiways at Municipal Airport yesterday and a DC 6 airliner on a runway slowed to avoid his car. The pilot noted the license and radioed control tower. Eli was jailed for drunken driving.
MENTIONED IN THIS ARTICLE
Wichita, Kan
John Eli
Municipal
Eli
Old American Ins Co Address Notice
Readable text shows Old American Insurance Company at 3 West Street in Kansas City Missouri with a department code L9s2B and request to copy down the name and address for records.
MENTIONED IN THIS ARTICLE
Old American Ins. Co
H. Dept
Kansas City
Missouri
Nationalist Airdrop Success Amid Coastal Clash and U S Buildup
Nationalist airlift on Little Quemoy succeeded as a larger LST delivered vehicles and supplies while LSMs faltered under 1,600 shell barrage. LST rescue followed and base at Pescadores received the vessel. U S deployment expands with Nike missile site planning and barracks for about 5,000 troops. Evacuation of 6,000 American women and children in Fosmos remains voluntary.
MENTIONED IN THIS ARTICLE
LSM
LST
Pescadores
Little Quemoy
Ready
Also Mentioned on This Page
Douglas Aircraft
American Machine and Foundry
Ion
Artloom
Ford
Chrysler
Bethlehem, Texas Co
Illinois Central
Business Mirror
Sam Dawson
AP Business News
Dow-Jones
Sam Shulsky
Heart Assn
N.C
J. T. Davis
Lexington, N. C
P.B.C. Quartette
Mount Calvary Baptist Church
Kearns and
Richland Street
Cincinnati
Lexincton, Ky
Roanoke
Charleston
Bristow-Kinasport
United States
Formosa
Chiang Kaishek
Quemoy
Matsu
Eisenhower
Erita
Hamilton
Joe
Orion
Chatham
Salem
Harllee’s Home Center
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