Market Holds Narrow Lead In Moderate Trading
New York stocks edged forward in steady trading as gains spread across most major divisions. Automotive shares like General Motors Chrysler and Ford inched higher while utilities were mixed and copper stocks showed no progress. Alcoa Aluminium Ltd Gulf Oil Douglas Aircraft Amerada rose about a point. United Aircraft gained near two points.
MENTIONED IN THIS ARTICLE
New York
General Motors
Chrysler
Ford
Alcoa and Aluminium Ltd
Gulf Oil
Douglas Aircraft
Amerada
United Aircraft
US. Steel
Bethlehem
Republic Steel
Youngstown
Cotton futures rise as market opens amid mixed company notes
New York cotton futures begin with an 15 cent per bale gain while various listed stocks show mixed prices from American Can to U S Steel. Trading hints at shifting demand as industrials like General Electric and Dow Chemical post mid single digit gains or losses.
MENTIONED IN THIS ARTICLE
New York
American Can Co
Allied Chemical & Dye
STR Hogg, ii
Ensd Fenssans
American Tobacco Co
Pentas Existan
the Borden Co
Sisisvaaaaesd
Bethlehem Steel
Sr Ey Ee
Burlington Mills Corp
Chrysler Corp
Octaban Paces Ions
New York Central
R R SR
Cka Cee
Carolina Light & Power
DuPont de Nemours
General Motors
Dow Chemical
Goodyear Tire & Rubber
Eastern Airlines
Eel International Harvester
Consolidated Edison
International Te. & Tel
Eastman Kodak
Standard Oil Co
Greyhound Corp
Jones Laughlin Steel
General Dynamics
Johns Manville
General Electric
Loew's Inc
Gulf Oil
Norfolk & Western Ry
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Proctor & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
Stock jitters confined to broker boards despite strong spending
The article notes jitters mainly in broker-boardrooms while the public maintains spending in autos homes and stocks. Commerce and Agriculture Department data show rising retail sales and stable prices with industrial output rebounding, supported by mortgage growth and deposit trends at mutual banks.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Agriculture Department
Department of Commerce
Ume
National Assn
Mutual Savings Banks
Commerce Department
Eisenhower discusses loans to Argentina and Milton’s role
Eisenhower recounts 1951 loans of 130 million dollars to the Peron government and notes a 160 million dollar credit for the post Peron Argentine government. He defends Milton Eisenhower’s assistance to Argentine news agencies as acting on State Department requests.
MENTIONED IN THIS ARTICLE
Gent
Milton
Peron
Argentina
Eisenhower
Truman
State Department
Carolinas Weather: Rainfall and Floods Calm After Storm
The Carolinas saw rainfall varying from 0.24 inches in Wilmington to 2.29 inches in Raleigh while lakes rose and flood gates opened. Coastal Wilmington faced winds up to 50 mph. Elizabeth City and Henderson reported steady rain, and forecasts warned of another chilly night with temperatures rising over the weekend.
MENTIONED IN THIS ARTICLE
Carolinas
Raleigh
Charlotte
Wilmington
Georgia
Winston-Salem
Greenville
S.C
Lake Brandt
Greensboro
Manteo
Washington
Pamplico
Elizabeth City
Henderson
Flossy
North Carolina
Vaccine Clinics Administer Over 1 000 Shots Countywide
Health officials report 449 polio vaccine doses administered last week at Montlieu Avenue and Greensboro centers. Of these 1 038 total county shots included 598 at Greensboro, with 204 first doses 134 second doses 105 third doses and six boosters.
MENTIONED IN THIS ARTICLE
Montlieu Avenue Health Center
Greensboro Center
Guilford
Woman's College
Dow Jones Averages at Noon and Volume
The midday Dow Jones report shows industrial totals at 481.60 and rail stocks at 258.06. Utilities stand at 66.05 with 66.05 in another listing and the rail section at 156.15. Trading volume reached about 630,000 to 2,370,000 shares across listings.
MENTIONED IN THIS ARTICLE
Bache & Wir
Milk Cattle Population in United States Reaches 22 Million
The report notes an estimated 22 million milk cows across the United States. It highlights the scale of dairy herd size and implications for production potential and industry trends.
MENTIONED IN THIS ARTICLE
United States
Death Claims Babe Zaharias
The famed athlete Babe Didrikson Zaharias died after a prolonged illness. Her husband George Zaharias remained at her side as doctors described the decline due to malignant growth. Even in her final weeks she showed a daring spirit, declaring she would beat the illness, while friends mourned the loss of a sports icon and her fearless outlook.
MENTIONED IN THIS ARTICLE
George Zaharias
G. A. W. Currie
Babe
Leaf Sales Extremely Light Across Carolinas and Virginia
The Associated Press reports extremely light sales on flue cured tobacco markets in Virginia and the Carolinas due to ongoing rain. Virginia-North Carolina Old Belt totals were modest with price shifts around two dollars per hundred pounds. mixed gains and losses overall. Virginia sold 908,542 pounds at an average of 48.17, while the Carolinas Border Belt moved 1,577,650 at 51.72, down 3.50 from Monday. Eastern Belt saw small changes up to 70 for better baskets. total Tuesday sales reached 6,681,848 pounds at 52.40, down 1.32. Middle Belt gains outpaced losses with variations up to 3.
MENTIONED IN THIS ARTICLE
Associated Press
Carolinas
Virginia
Federal State Market News Service
Virginia-North Carolina
South Carolina
North Carolina
Japa nese Textile Talks Raise US Treaty Dispute
The State Department faces a dispute over a nondiscrimination clause in the 1953 Japan trade treaty as Japan proposals to cap exports, including cotton fabrics and made up goods, prompt warnings of damage to the US reputation and possible court action. Officials say no immediate response expected, while industry foresees further limits on velveteens and ginghams.
MENTIONED IN THIS ARTICLE
State Department
Herman Phleger
Dulles
New York State Bar Assn
Japan
Phieger
U.S
Also Mentioned on This Page
Business Mirror
Storm
Dow-Jones
America
Gowne Vane
N. Main
Babe Zaharias
Fey Cenel
N. Main ST
W. Main ST
Cordovan
Carload
Onembie
cLosers
Furl Lemgts Guarantel OM
Pasar
Els
Lovanit
E-Z
Stevens
Savage
Japs Ask Textile Agreement
Lexington Avenue Baptist Church
Charles
Mann
Super Drug Store NO
Main ST
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!