Stock Market Slumps After Morning Gains Fade
The stock market quickened as values fell with earlier gains turning into losses. By noon trading moved into lower territory as volume rose and minus marks appeared on the tape. The AP index stood up at noon, while many blue chips including New York Central Sears Roebuck DuPont and General Electric showed declines or mixed results amid persistent market uncertainty.
MENTIONED IN THIS ARTICLE
Washington
New York Central
Sears Roebuck
DuPont
Royal Dutch
Youngstown Sheet
Commonwealth Edison
Illinois Central
Wall Street
Associated Press
Bache & Co
American Can Co
Allied Chemical & Dye
American Tobacco Co
Bethlehem Steel
Burlington Mills
Chrysler Corp
New York Central AR
Cone Mills Corp
Carolina Light & Power
United Aircraft Corp
Douglas Aircraft
Westinghouse Electric Co
DuPont de Nemours
U. S. Steel
Dow Chemical
Youngstown Sheet & Tube
Eastern Airlines
F. W. Woolworth Co
Dow Jones Averages at Noon and Close Report
The Dow Jones averages show 12 noon 1 p.m. close figures across groups. Industrials reach 497.41 at open, 466.97 midday, 456.96 at close, with utilities and rails listed and volumes noted for three readings.
MENTIONED IN THIS ARTICLE
Bache & Co
Sueceese
Winston-Salem Man Faces Forgery Trial
Simeon D. Moore, 24, was set for trial on five forgery counts in Superior Court. Detectives say he forged Herman P. Moore’s name in multiple transactions and signed sale contracts with local merchants. A woman identified as Grace P. Moore acted as Moore’s wife in two cases.
MENTIONED IN THIS ARTICLE
Winston - Salem
Bine Wee
Simeon D. Moore
Walter Johnston
Winston-Salem
Moore
Herman P. Moore
Twin City
Seen & Souter Cent
Roesient Boon
E. Tuttle
Grace P. Moore
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County
Sedtécs Devecaee
Evtvce Veces
Weceseus Cove
Hauddab
Marigh Eves
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western Ry
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Procter & Gamble
Reynolds Tobacco
Republic Steel
Southern Ry
J. P. Stevens Co
American Tel. & Tel
the Texas Co
Union Carbide & Carbon
Dow-Jones
Main ST
Penney’s
Brentwood Cottons
Brentwoods
Golor
ORLON
Guilford Dairy
YUL
Penney
Penneys
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