Stocks Fall On Heavy Selling Across Major Firms
Market prices declined with heavy liquidation, losing around three points at peak as major firms including Smelting New York Central Standard Oil Gulf Oil U S Gypsum Westinghouse General Electric Boeing and International Telephone slipped about a point. 1 p.m. quotes show Allied Chemical American Tobacco Bethlehem Steel Chrysler Dow Chemical DuPont Eastman Kodak Greyhound IBM General Dynamics General Motors Gulf Oil International Tel Standard Oil Jones Laughlin Johns Manville Loews Penn Railway Pepsi Procter Gamble Republic Steel Texas Corp Union Carbide United Aircraft U S Steel and others.
MENTIONED IN THIS ARTICLE
Can
New York Central
Standard Oil
New Jersey
Gulf Oil
U. S. Gypsum
Westinghouse Electric
General Electric
Boeing
International Telephone
American Can Co
Allied Chemical & Dye
American Tobacco Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central RA
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Motors
40Th International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville Loew's Inc
Western Ry
Life magazine notes mass class household spending pattern
Life magazine reports that 63 percent of U.S. families, about 49.0 million, fall in the mass class with incomes from 3000 to 10000 dollars. The average 1956 household spent 4110 dollars on goods and services, with 1203 on food and beverages, 763 on home needs, 591 on the car, 346 on furnishings, 222 on medical care, 215 on recreation, and 276 on miscellaneous.
MENTIONED IN THIS ARTICLE
Life
U.S
United States
Deputies Raid Davidson Stills in Silver Hill Area
Sheriff deputies and a federal agent destroyed three stills in Davidson County's Silver Hill. Marvin Hicks, 24, was jailed and sent to Salisbury for arraignment on illegal whisky production charges. About 600 gallons of mash and 3% gallons of whisky were poured out.
MENTIONED IN THIS ARTICLE
Thomasville
Sheriff's
Silver Hill
Marvin Hicks
Salisbury
Crane Wreck Injures Operator on Superhighway Bridge
James McKnight of Brinkley Construction Co. Thomasville was injured when a large earth moving crane overturned on a bridge near the Kivett Drive bridge on the superhighway at about 9 a.m. He suffered a pelvis fracture and other injuries but was not in critical condition. He was admitted for treatment at High Point Memorial Hos pital.
MENTIONED IN THIS ARTICLE
James McKnight
Brinkley Construction Co
Thomasville
Kivett Drive
Two Men Face Double Charges Of Larceny
Thomasville deputies report two youths Charles Lambeth aged 18 of Gordontown and Gene Elbertson 20 Randolph County indicted on two counts each of larceny and receiving for allegedly stealing gas oil and batteries valued at $25 from Brooks Hamilton’s sawmill and a tracer at the Superior Stone quarry site. The pair confessed to the thefts.
MENTIONED IN THIS ARTICLE
Thomasville
Charles Ray Lambeth
Gordontown
Gene Elbertson
Randolph County
Brooks Hamilton
Superior Stone
Dow Jones Averages and trading volumes summary
The report lists Dow Jones averages for the 30 industrials with figures 464.04 464.07 467.42 and 404.04 464.07 461.48 for another period. Trading volumes show 620,000 1,960,000 3,340,000 across the quoted entries with miscellaneous data.
Liberal Party Wins Honduran Assembly Election Landslide
Early returns show the Liberal party led by Dr Ramon Villeda Morales favored to secure about 40 of 58 seats as violence mars voting in two towns. The party may declare a national congress and elect a president with two thirds backing, Villeda Morales seeking the presidency.
MENTIONED IN THIS ARTICLE
Tegucigalpa
Honduras
Ramon Villeda Morales
Assembly
National Congress
Villeda Morales
Washington
Liberal Party
Abraham Williams
Tiburcio Carias
Ladies Welcome at Nash Jewelry and Loan
Ad encourages both men and women to shop Nash Jewelry and Loan at 127 North Main Street for fall and winter clothes cleaned and pressed, guaranteed in first class condition. Pay $1.00 weekly with free alterations.
MENTIONED IN THIS ARTICLE
Nash Jewelry and Loan
North Main Street
Confessed Thief Held in Chatham County
Asheboro police report a man held in Chatham confessed to breaking into five Asheboro and Siler City businesses. Roosevelt Stinson admitted stealing about $35 from the Asheboro Golf Course clubhouse while Freeman Service Station was abandoned after a break in. He said fear drove him to leave Asheboro and hitchhike to Siler City. Patrick Henry declined a state secretary post.
MENTIONED IN THIS ARTICLE
Asheboro
Chatham County
Siler City
J. D. Bulls
Police Department
Roosevelt Stinson
Freeman
Stinson
Also Mentioned on This Page
New York
Davidson
High Point Memorial
Dow-Jones
Bache & Co
Chatham
Patrick Henry
Blue Cross
Hospital Care Association
Wright
High Point
N. C
Kerrville
Texas
Kerr-Ban Furn. Mfg. Co
P. O
National Pat Potoclown News Factbook
Oeara Angee
National Petroleum News Factk
Gasoline Facts” Corporation
American Building
Baltimore 3
Maryland
Miss Sunbeam
Quality Bakers of Amertos Cooperative, Inc
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