Stock Market Declines With Mixed Downticks Across Sectors
New York stocks drift lower for a third straight session as chemicals and steels lead losses while motors and oils retreat. Trading remains light with 1.94 million shares moved. AP index slips to 180.60 as Steel and Allied groups fall.
MENTIONED IN THIS ARTICLE
New York
Suez Canal
London
Steels
Bethlehem
Youngstown
Steel and Republic
Union Carbide
Allied Chemical
Ant
Boeing
Douglas
United Aircraft
North American
Navy
Bache & Company
American Can Co
Allied Chemical & Dye
Adams-Millis Corp
American Tobacco Co
Bethlehem Steel
Burlington Mills Corp
Ch Corp
New York Central AA
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated
Eastm Knaedak
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International
International Tel. & Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Norfolk & Western Ry
Pennsylvania Railway
Procter & Gamble
Reynolds
Republic Steel
Dow Jones Averages Reported With Mixed Movements
The Dow Jones averages show varied closes with the industrial index near 492.74 to 498.76, utilities around 68 to 65, rails at about 158.08 to 159.27, and stocks near 173.93 to 175.26. Trading volume totaled multiple thousands.
MENTIONED IN THIS ARTICLE
Bacher & Co
M. Close
Business Prospects Are Rosy Across Major Industries
New York reports rising worker wages and higher employment boosting consumer demand. Agriculture says farm incomes up about 9 percent year over year. Steel, aluminum, auto, and appliance sectors foresee expansion and price resilience amid ongoing labor and material cost increases. Copper stocks rise signaling mixed prospects.
MENTIONED IN THIS ARTICLE
New York
Agriculture Department
Detroit
Board approves revisions in church plan downtown
The Board of Adjustment approved changes to the Church of the Nazarene project at 1219 E Green St to move the front 10 feet nearer the street leaving seven feet to the sidewalk. The basement is in use for Sunday School and services as the main building awaits completion. The board also altered the Temple Hollingsworth Motor Co. site curb and entrance rules and approved converting 319 Woodbrook Ct single dwelling into a two family home. Decisions on two other housing proposals were deferred.
MENTIONED IN THIS ARTICLE
Church of the Nazarene
E. Green St
City
Board of Adjustment
Temple-Hollingsworth Motor Co
Main Street
Helen Long Casey
Woodbrook Court
T. T. Knight
W. Ward St
W. A. Kennedy
English Street
Virginia Bills Face Showdown in House over Segregation Funds
Gov. Thomas B. Stanley's fund cutoff measure, central to his plan to resist segregation, faced a pivotal House vote after a debate over a local option amendment. Pollard's amendment to add local choice was defeated 59 to 39. Senate talks seek to graft local option into the package through compromise.
MENTIONED IN THIS ARTICLE
Richmond
Thomas B. Stanley
Virginia
House of Delegates
Fred Pollard
Pollard
House
Senate
Russell M. Carneal
Charles City
Carneal
Stanley
Wilkins Challenges Psychologist Over Negro Education Capacity
Roy Wilkins executive secretary of the NAACP challenges statements by Villanova University psychologist Dr. Frank C. J. McGurk about Negroes’ capacity for education. Wilkins notes McGurk said his views are not universally accepted by leading authorities, as reported in U S News World Report.
MENTIONED IN THIS ARTICLE
New York
Roy Wilkins
The
National Assn. For the Advancement of Colored People
Wilkins
Frank C. J. McGurk
Villanova University
McGurk
U. S. News & World Report
Washington
C Dunbar Merchant Dies at 81 in High Point
Clarence Dunbar 81 of 307 E Farriss Avenue died at 11 20 a m at home after six weeks illness. Born Feb 18 1875 in Hyde County he married Ida Satterthwaite in 1907. He worked as a merchant in High Point since 1903 and belonged to Wesley Memorial Methodist Church and Numa F Reid Lodge Masons. Survived by two sons An W Dunbar and Wendell Dunbar six grandchildren and a niece with service at Sechrest Chapel Oakwood Cemetery.
MENTIONED IN THIS ARTICLE
Clarence Dunbar
E. Farriss Avenue
Hyde County
John A. Dunbar
Ida Satterthwaite
Wesley Memorial Methodist Church
Numa F. Reid Lodge
Masons
High Point
An W. Dunbar
Wendell Dunbar
St. Louis
Wich
Sechrest Chapel
Oakwood Cemery
Long Term Convicts Escape From Raleigh State Hospital
Two long term convicts described as very dangerous escaped from the Raleigh State Hospital during recreation time. Cecil Lovedahl, 30, and John Cottle, 30, had sentences for murder accessory and kidnapping armed robbery, respectively. Both are noted for prior escapes. authorities seek them to prevent further trouble.
MENTIONED IN THIS ARTICLE
Raleigh
Raleigh State Hospital
Prisons Department
Prisons Records
J. D. Wilson
Cecil Lovedahl
Jackison County
John Cottle
Gaston
Wilson
Lovedahl
Cottle
Nixon and GOP Leaders Launch Nationwide Campaign Tour
Vice President Nixon leads a two week blitz of 15 000 miles through 32 states starting in Indianapolis. He will rally in 30 plus cities with two speeches daily to back Eisenhower Nixon ticket and GOP candidates. A “truth squad” and six campaign planes accompany the group while Knowland and Martin forecast narrow Senate margins and a GOP House gain.
MENTIONED IN THIS ARTICLE
Indianapolis
Nixon
Philadelphia
Patricia
Seaton
Knowland
Martin
Halleck
Congress
GOP
Eisenhower
House
Senate
Little Theatre Sets Try-Outs At Y Tonight
Tryouts for The Heiress at High Point Little Theatre begin tonight at 7 30 in the YMCA boys lounge. Ruth and Augustus Goetz drama is based on Washington Square by Henry James and features six women and three men. show runs Memorial Auditorium at High Point College on November 1 and 2.
MENTIONED IN THIS ARTICLE
Little Theatre
High Point Little Theatre
Ruth and
Augustus Goetz
Washington Square
Henry James
Memorial Auditorum
High Point College
Also Mentioned on This Page
Owens-Illinois
Associated Press
American Tel. & Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp
Electric Co
U.S
You Sheet & Tube
F. W. Woolworth Co
Tad
Meinhard & Company, Inc
Fourth Ave
Southern Rep
von D. Oehmig
Columbus
Davis Patrol & Detective Agency
Jack
Davis
Wfmy-Tvv
Greensboro
Western Marshall
Dumont Television
WBTV
Charlotte
Hood
Into
Wsls-Tv
Roanoke
Teletronix, Inc
N. Main ST
S. Main ST
Wsjs-Tv
Winston-Salem
Wtob-Tv
Dow-Jones
By Sam Dawson
Virginia Bills
C. Dunbar
Ue Yeeearwaif
John Archer
Warner Anderson
Arizona
Skip Homeier
Christine Miller
Proudland
CintraScort
Technicolor
Murphy
Anne Garcroft
Par Crowle
Sean Ta
Joe’ Ae
Ral Teen Wae
Swatra
Parker Nowan
Otte Preminger
Midway
Mee
Teste Caron
Ite
Kerr
Thomasville
Mies
N. C. State College — Coliseum
N. C. State College—Coliseum
Raleigh, N.C
Reneewees
Drive-In
Greensboro Road
Rae
Herbert J. Yates
Yvonne DE Carlo
Flame OF the Islands
Cevianing Howard Duff
Zachary Scott
Republic
Centid
Paul Newman
Angela Everett Sloane
Eileen Heckart
Exieits
Rescen Drive-In
Thomasvile
Hg 4St
Toatrol
Victor McLaglen
Boris Karlofe
H AN
Welch Park
Penn
V.F.W. Post
Terry Moore
Keenan Wynn
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