Stocks rebound after early slump on Eisenhower illness
New York trading opened with heavy buying that pulled prices up from yesterday's drop caused by news of President Eisenhowers illness. The Associated Press average rose to 171.10, gaining about a billion dollars in market value as powerful names like Bethlehem Steel and General Motors posted gains amid a broad advance and slow tape delays persisted.
MENTIONED IN THIS ARTICLE
New York
Eisenhower
New York Stock Exchange
Associated Press
Southern Pacific Railroad
Standard Oil (Nj
U.S. Gypsum
International Telephone
Phelps Dodge
Dow Chemical
General Foods
Aluminum Ltd
Bethlehem Steel
General Motors
Goodrich
North American Aviation
Caribbean Searched For Missing Plane Amid Janet Storm
The hurricane Janet chase enlarged as eight aircraft and a surface fleet scoured waters 300 by 150 miles for a missing Navy hurricane hunter with nine crew and two Canadians aboard. Alfred O. Tate and Douglas Cronk were Toronto Star reporters with the mission. The search area stretched south of Jamaica as Janet threatened British Honduras and the Yucatan.
MENTIONED IN THIS ARTICLE
Miami
Fla
Caribbean
Janet
Swan Island
Honduran
British Honduras
Yucatan Peninsula
Jamaica
Ferch
Washington
State Department
Alfred O. Tate
Douglas Cronk
Toronto Star
United States
Navy
Market Rebounds Vigorously and Steel Firms Stand Pat
The nations second largest chemical firm said no change in new construction expenditures after the President's illness. Bethlehem Steel Corp officials refused to forecast expansion plans. Iron Age editor Tom C Campbell predicted no adverse impact on the metal industry as business aims for profits despite politics.
MENTIONED IN THIS ARTICLE
Bethlehem Steel Corp
Tom C. Campbell
Iron Are
Wations
Campbell
NC mutual agents to hold annual relations meeting Oct 27
The North Carolina Association of Mutual Insurance Agents will hold its third annual company agents relations meeting in Raleigh on October 27. Association president Penny of Hendersonville said the agenda is not complete, noting topics such as proving catastrophe flood insurance, windstorm rating on the coast, and illegal operations of non admitted companies in North Carolina.
MENTIONED IN THIS ARTICLE
Raleigh
N.C. Assn. of Mutual Insurance Agents
Penny
Hendersonville
Association
North Carolina
Welfare workers sent to aid Red Cross in North Carolina hurricane relief
State Welfare Commissioner Ellen Winston announced Raleigh i County welfare departments are dispatching staff to assist Red Cross relief efforts in hurricane torn regions of North Carolina. Dispatched workers include Helen Howard Wake County Durham County Celia Eudy Forsyth Anne Long Forsyth Trude Waters Lenoir Frances Akerstrom Guilford Ceceilia Dicks Nash all reporting to disaster headquarters in New Bern.
MENTIONED IN THIS ARTICLE
Raleigh
Red Cross
North Carolina
Ellen Winston
New Bern
Helen Howard
Wake County
President Eisenhower's improving health prompts questions on 1956 run
A medical bulletin reports a comfortable day for President Eisenhower at Fitzsimons Army Hospital and notes his progress includes reduced oxygen tent use and a good bowel movement. White says he may handle light duties after the first weeks, but a longer hospital rest is likely, influencing talk of a 1956 re election.
MENTIONED IN THIS ARTICLE
Boston
White
Fisenhower
Eisenhower
Fitzsimons Army Hospital
Denver White House
Justice Aitment
James C. Hagerty
Nixon
Washington
National Security Council
Medical
Gettysburg
Denver
John
Army
Hagerty
Jim
Col
Robert L. Schulz
Probable Rain Seen For Opener Of World Series
New York weather forecaster predicts probable rain for tomorrow's World Series opener between the Yankees and Dodgers. Ernest J. Christie of the New York Weather Bureau says a rain area is moving from the Midwest, with hopes it may stay north of the city and avoid heavy rain.
MENTIONED IN THIS ARTICLE
New York
New York Yankees
Brooklyn Dodgers
Ernest J. Christie
New York Weather Bureau
Middle West
New York City
Jaycees Take Lead On North Carolina Small Industry Plan
Raleigh reports the first phase of Operation Bootstrap will launch next month with a four point Jaycee program to boost per capita income. Gov Hodges asks Jaycees to lead, forming a committee to push local implementation and develop a Business Development Corp. loan program.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Jaycees
Business Development Corp
Jaycee
Goldsboro
W. R. Henderson
Reidsville
State Jaycees
Hodges
John Neal
Greensboro Jaycees
Edgar Gurganus
Williamston
State Jaycee
Joseph Conklin
Edenton
Cecil Lee Porter
North Wilkesboro
Banks Finger
Franklin
Dan Saieed
Greenville
James Phillips
Lumberton
G. F. Albright
Department of Conservation and Development
Capus Waynick
High Point
Bootstrap
American Enka Reports Profit Amid NYSE Listing
American Enka Corp reports for the 36 weeks ended Sept 11 a net profit of 5.19 million or 3.83 a share, up from 2.90 million or 2.59 a share. Sales rose to 48.86 million from 38.07 million. The stock was admitted to trading on the New York Stock Exchange. The company makes rayon yarn for tires and textiles and has begun nylon production.
MENTIONED IN THIS ARTICLE
New York
Admiral Corporation
Alleghany Corporation
Allied Chemical & Dye
Allis Chalmers Mfg
American Can
Sceeseee
American Smelt & Ref
American Tel & Tel
American Tobacco
Atchison, Top & SF
Atlantic Coast Line
Atlantic Refinery
Avco Manufacturing
Baltimore & Ohio
Eee
Eeeeter
Bendix Aviation
Ceccsesses
Bethlehem Steel Scevaeneneeser
Boeing Airplane
Ssesseee
Borg Warner Eee Een Eeee
Burlington Indus
Cedessseee
Burroughs IP Sence
Calumet & Hecla Cssicessesee
Canada Dry
Coca Cola Sewer Eee
Columbia Gas
Elec
Cccesses
Penney Ac. Co
Eel
Pennsylvania RR
Seeeeetenee
Renpsi Cola Eertee Eee
Pullman Company
Pure Oil Co
Sseseceecvseeee
Radio Corporation
Escereees
Republic Steel
BOTS
Cotu Caccaneevecesises
Standard Brands
Ceecsees
Standard Oil Calif
Consolidated Edison
Esseeees
Continental Can
Continental Motor
Continental Oil
Cartig Wright
Scsccsese
Sccce
Delaware Lack & West
Dow Chemical
Levee de Dupont de Nemour
Benemane Oe Air Love
Kodak Gece Levee
the Auto Lite
Aew Ao Firestone Rubber
Freeport
General Electric
Cove
General Foods
Pecas
tOee General Motors
Veceel
Recese
Goodrich
Goodyear Rubber
Ceces
Tiiois Central
Cecen
Nickel
Peawe
Tel & Telereeer
Seeee
Kennecott Copner
Asonedtt
Murray Corporation
National Biscuit
Eseseese
National Cash Register
National Distillers
New York Central
Norfolk & West
Stereeeeeees
Avia
Northern Pacific
Ccessccoses
Ohio Oil Company
Pacific Gas & Elec
Pacific Mills
Paramount Pictures
P--American Enka Corp
New York Stock Exchange
American Enka
Horses Stricken Raleigh Epidemic of Sleeping Sickness
Dr. John H. Hamilton reports about 50 horse cases in the summer across North Carolina with 20 to 25 in Columbus County alone. Most cases prove fatal. no human infections recorded. Disease spread by salt marsh mosquitoes as officials warn.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
John H. Hamilton
Columbus
Hamilton
Three in holdup flee store after shootout and arrest
After a gun battle in a Cumberland County grocery the three robbers fled in a Kentucky car toward Elizabethtown. Witnesses identified Cassity, Smith and Phillips as the attackers. Police recovered two pistols a shot gun a dagger a blackjack and tools from their car.
MENTIONED IN THIS ARTICLE
Mr. McDonald
Mr. Tart
Highway Patrol Vr
Young
Pfe
John Edwards Jr
Kentucky
Elizabethtown
Fayetteville
Cassity and
Smith
William A. Mahoney
Cumberland County
Trusty
Phillips
W. S. Hunt
Buchanan
Dog Catchers Approved to Carry Pistols in Mecklenburg
The Mecklenburg County Commission votes to equip dog catchers with pistols. Municipal officials state the plan does not intend shooting dogs, amid rising tensions with some dog owners who have carried firearms.
MENTIONED IN THIS ARTICLE
Charlotte
N. C
Mecklenburg County Commission
North Carolina Broadcasters Plan Annual Meeting Events
Raleigh P A news discussion and awards presentation highlight the North Carolina Associated Broadcasters annual meeting. Participants include Jack Knell WBT TV Charlotte James MacNeil WTSB Lumberton Joen Bone WNAC TV Raleigh and Ray Reeve WRAL Raleigh. Gov Hodges will present awards at the dinner with Holt McPherson as speaker.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Associated Broadcasters
Jack Knell
Wbtwb TV
Charlotte
James MacNeil
WTSB
Lumberton
Joen Bone
Wnac.tv
Ray Reeve
WRAL
Gov. Hodges
Holt McPherson
High Point Enterprise
WSTP
Salisbury
OHS
Shelby
Insurance claims rise in North Carolina after Hurricane Tone
State Insurance Commissioner Charles F. Gold said insurance adjusters expect at least 27,000 claims from Hurricane Tone damage in North Carolina. A preliminary survey last week projected 22,000 claims totaling about 4 million dollars, with no final amount set for the 27,000 claims. The figure surpasses by more than 10,000 the insured losses from Hurricanes Connie and Diane.
MENTIONED IN THIS ARTICLE
Raleighp
North Carolina
Tone
Charles F. Gold
Gold
Connie
Diane
Leaf Prices Rise Across North Carolina Virginia Old Belt Markets
Buyers flock to flue cured tobacco markets in the North Carolina and Virginia Old Belt as prices edge higher. The Federal State Market News Service notes steady eastern belts with gains mainly $1 to $3, while Middle Belt sees mixed results and heavy sales volume persists across regions.
MENTIONED IN THIS ARTICLE
North Carolina
Virginia
Old Belt
Federal
M Dd
South Carolina
Leaf
Middle Belt
Border Belt
Absenteeism Rise Hits Factories and Offices During World Series
Absenteeism in factories and offices is set to rise as the World Series delays business activity. The brief slowdown affects do-it-yourself plans and the hotel, retail and dining sectors expect a five million dollar lightening of wallets from visiting fans. TV and season schedules are blamed for the dip, though the American League shows some gains due to new Athletic fans in Kansas City.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
America
Yankees
Dodgers
Ebbets Field
Yankee Stadium
Kansas City
Also Mentioned on This Page
Petersburg
Gulf of Mexico
Key West
Havana
Lacksonville
Atlantic
Anet
Mexico
Honduras
Nicaragua
Standard Oil Ind
Cceeeseevees
Standard Oil N.J. Sesssescseeslil Stevens
J. P
United Corporation
United Fruit
Ereeeeeenereee
United Gas Imp
Cceseeeeee
United States Rubber
U.S. Smelting & Res
Ccseee
Uated States Stee
Virginia-Care Chemical
West Auto
Maryland
Western Union
Westinghouse
Zenith Radio
Walter Davis
Davis
Windward Islands
U. S. Air Force
Iwo Jima
Japan
Tokyo
Richard Nixon
Secret Service
Capitol
Enka
THE
Tf AG Toring Et
Stavide
Reinhard & Company, Inc
Fourth Ave
Lee W. Boswell
Weathertron
Generaled Electric
Zett
N. Main ST
Lomie
Mati
Fillea
Eckerd
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