Stocks rise as General Motors leads gains with strong year end
Trading fast at open but quieting into afternoon with about 1.04 million shares. General Motors climbs 3 to 4 points amid high year end earnings hopes and defense orders, while Bethlehem Steel Union Carbide and Standard Oil New Jersey also advance. Lower movers include United Aircraft Consolidated Natural Gas New York Central and Kennecott Copper.
MENTIONED IN THIS ARTICLE
Motors
General Motors
Pee
Chrysler
Boe- 3
Bethlehem Steel
Union Car
Standard Oil (Nj
United Aircraft
Consolidated Navral Gas
New York Central
Kennecott Copper
Gand
New York
Admiral Corporation
Alleghany Corporation
Allied Chemical & Dye Coves
Allis Chalmers Mfg
American Can
American Smelt & Ref
American Tel & Tel Foeeervestane
American Tobacco
Atchison, Top & SF Meres
Atlantic Coast Line
Atlantic Refinery
Avco Manufacturing
Baltimore & Ohio
Bersdix Aviation
Calumet & Hecla
Canada
Emer Tae Ee
Carolina Power
Motorola Radio
National Biscuittional Na
National Product
National Distieeeer National Lead
Seess
North American
Ee Pacific
Pacific Gas & Elec
Mills
Tinton Perfie
Vanedium Corporation
Vick Chemical
Husband and Wife Nabbed For Speeding
Omaha police report Wade A. Pugh and Shirley Wade were arrested for driving 45 mph in a 15 mph zone. Both fined 10 dollars and costs. they drove separate cars in the same vicinity.
MENTIONED IN THIS ARTICLE
Omaha
Wade A. Pugh
Shirley Wade
Dixon Yates Power Contract Faces Senate Scrutiny
Washington DC hearings opened on the Dixon Yates power contract with TVA, as J D Stietenroth testified about Mississippi Power and Light and Middle South Utilities being dominated by Walt. The probe explores a 107 million dollar West Memphis Arkansas plant to supply 600000 kilowatts to TVA and potential cost overruns.
MENTIONED IN THIS ARTICLE
Washington
Dixon-Yates Power
Sen. Langer
R-Nd
Tennessee Valley Authority
J. D. Stietenroth
Mississippi Power & Light Co
Dixon-Yates Group
Stietenroth
Jackson
Miss
Mississippi Power A
Middle South Utilities, Inc
Walt
Middle South
Southern Company
Falley Generating Co
West Memphis
Ark
TVA
Eisenhower
Atomic Energy Commission
Memphis
Atomics
Paducah
Oak Ridge
Tenn
Senate
Joint
Senate House
Bell Hearing Moves Into Second Week Of Rate Case
A state hearing on a rate increase stretched into its second week as Southern Bell and the State Utilities Commission heard testimony. Assistant Atty. Gen. I Beverly Lake and W E Duncan of Southern Bell disputed prior calculations claiming the proposed 4.795 million increase would yield an 8.02 percent return on an 78 million base, with a 6.75 percent return on a 92 million fair value.
MENTIONED IN THIS ARTICLE
Commis- Asst
Beverly
Southern Bell
Duncan
Durham Men Guilty in Carrboro Bank Robbery Case
John B. Byrd and Herman Lamm of Durham were found guilty in federal court of the Carrboro Bank robbery that occurred last July. Byrd received a 25 year prison term, Lamm was sentenced to 15 years. No defense witnesses testified and the trial ran on.
MENTIONED IN THIS ARTICLE
Durham
John B. Byrd
Herman Lamm
Carrboro
Byrd
Lamm
Family councils aid youth maturity and decision making
Children who share parental problems and join family councils mature early with better understanding of adult life. Veterans in industry gain discipline and teamwork skills from trusted leaders. Do not burden children with worries, but avoid parental complaining and exhaustive negative tests.
MENTIONED IN THIS ARTICLE
King Features Syndicate, Inc
Judgment Award Won By Winston-Salem Law Firm
A Forsyth County jury awarded Higgins and Lee 17 500 to cover legal fees in a case involving Beaty a Charlotte taxi operator and beer distributor. Beaty was previously convicted in a federal tax evasion case and fined 20 000 with a two year sentence.
MENTIONED IN THIS ARTICLE
Winston-Salem
Winston- Salem
Forsyth
Charlotte
Musician Testifies About Marijuana Purchase Related to Hormel Case
A member of George Hormel's trio testified that a millionaire musician paid $20 for marijuana cigarettes the night Hormel was arrested. The witness spoke at a hearing with Hormel free on $1,500 bond and an October 8 court date on a marijuana charge.
MENTIONED IN THIS ARTICLE
Los Angeles
George (Geordie) Hormel
Mari
Voters asked to campaign for GOP in Dallas primary
Each of the 2 399 persons who voted in the Republican primary July 24 has been asked to help with a door to door campaign to gain more GOP votes in the November general election. Republicans expect about 2 000 to respond in support of two Dallas candidates. Dallas County casts about 90 000 votes in the Democratic primary.
MENTIONED IN THIS ARTICLE
Dallas W
Dallas
Dallas County
Slaughter in Shooting of Clarence Hales Reported
Wilson Superior Court heard Sherwood Johnson testify that Godwin fired several times into a pickup cab on March 4 killing Clarence Hales, a 43 year old Lucama carpenter. Godwin says he shot in self defense after arresting Hales, claiming the shooting happened inside the cab.
MENTIONED IN THIS ARTICLE
Clarence Hales
Lucama
Wilson Superior
Sherwood Johnson
Godwin
Hales
T. Johnson
Aein
Umstead Skips Early NC Democrat Rallies
Gov. Umstead will not attend the 12 planned non district rallies across North Carolina next week. The governor, advised by his physician, says he will do two or three engagements he already accepted and has missed three district rallies since the 1944 campaign.
MENTIONED IN THIS ARTICLE
Umstead
Raleigh
North Carolina
Hearings On Four Meat Dealers In Raleigh
Agriculture Commissioner L Y Ballentine held hearings for four meat dealers after ground meat samples showed a harmful chemical with a red iodine appearance in products. The department will refer evidence to prosecutors if action is deemed necessary, as prosecutions require authority from the solicitor.
MENTIONED IN THIS ARTICLE
Raleigh
L.Y. Ballentine
Ballentine
Agriculture Department
Bond sales proposed for Lee Telephone Co expansion
Raleigh report states Lee Telephone Co of Danville Virginia seeks authority to sell 600000 in bonds to fund network improvements along the North Carolina border between Liberty and Pleasant Gardens after October 1. The filing appears amid other docket items in the Utilities Commission docket.
MENTIONED IN THIS ARTICLE
Raleigh
Lee Telephone Co
Danville
State Utilities Commission
Mobtise Company
Caro
Liberty
Pleasant Gardens
Armament Conference Opens With Saar and NATO Stakes
France presses for safeguards on West German arms as talks begin over Saar administration and Brussels Treaty links. Britain and the United States favor NATO supervised safeguards while Germany seeks a Brussels alliance role and possible expansion.
MENTIONED IN THIS ARTICLE
France
West Germany
Nation Council of Europe
Council
Son
Glansiear
Italy
Brussels
NATO
Ide
Saar
Ian Element
Also Mentioned on This Page
Eeeee
James T. Roberts
Miami, Fla
Judith Ann
Petersoan
Miami
Sher
Dixon-Yates
Congress
By Joseph Whitney
Locata Taiaertaee
Feld
Heredity
Hormel
Carolina Auto Glass Co
Hamilton St
Lil
Eevee Ed
Mee
American Medical Association
Lambeth, Inc
Lester's
Kay Windsor
Ann Sothern
Ours
Glamour Magazine
Opias
Tobias
Burlington
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