New York Stocks Open Rally As Market Gains
The New York stock market opened with a rally, led by rises in U S Steel Ford Eastman Kodak Westinghouse Electric and Standard Oil New Jersey. The Associated Press average of 60 stocks climbed 2.6 points to 362.1, a record.
MENTIONED IN THIS ARTICLE
New York
Eastman Kodak
Westinghouse Electric
Standard Oi
New Jersey
BOF
Associated Press
Firestone
Ford Motor
General Dynamics Corp
General
Ohio Edison B. Penney, J. C. Sa
Pennsylvania R. R
Phillips Petroleum
Pillsbury Mills
Proctor & Gamblers Pitchman Inc
RCA
Republic Steelasia Scott Paper
Sears Roebuck
Shell Oil
Sinclair Oil
Socony
South Pacific
Sperry Rand
Standard Oil Inc
Standard Oil N. J
Studebaker Ba
UN Carbide
United Aircraft
U. S&s Rubber Wa
U. S. Steen
Va. Pulpate Westinghouse Elect
Weyerhaeuser Co
Wheeling Steel
Whirlpool Corp
Youngstown S & T
le Close Cige
AGP
Aeroquip
Ek Eastman
Maralin
Noré West
J.C. Penney
PA Penn RR
Amavisa
RKS
Rockwell-Stan
Sears Reebuck
Ile
Westinghouse
Conn promoted to director of management development for Ohio Power
Conn, a 46 year Ohio Power veteran born in 1902, is promoted to director of management development effective Jan 1. He will lead a revitalized program for nine divisions serving a half million customers in 53 counties and direct its application to power plants and the General Office. He remains based in Lima.
MENTIONED IN THIS ARTICLE
D M
Dick) Conn
Ohio Power Co
A. N. Prentice
Canton
Conn
Ohio Power
Mr. Conn
Cumberland
Ohio
Zanesville
Newark
Bellaire
Lancaster
Mt. Vernon
Lima
Conn Long
Armco Follows Steel Price Increase and Hires Restaff
Armco Steel Corp joins U S Steel in a $2.75 per ton price rise for carbon steel structural shapes. The White House deeming the move acceptable. Armco also recalls 50 laid off workers while 160 remain out. The company cites new orders and stock buildup ahead of a hot strip mill maintenance shutdown.
MENTIONED IN THIS ARTICLE
Middletown
Ohio
Armco Steel Corp
U. S. Steel Corp
Armco
U. S. Steel
White House
Cleveland Livestock Market Report Highlights Steady Cattle
CLEVELAND AP cattle numbers show steady demand with cattle at 100 head. Prime calves reach 28 to 34 dollars, heifers 23 to 28, cows 15 to 16.5, bulls 19 to 21. Sheep and lambs at 200 head with spring lambs 27 to 28, ewes 3 or less, wethers 7 to 8. Hogs 300 head steady, U S 1 2 at 29 75 to 29 50 for 200 to 240 pounds, packing sows 21 to 23 25.
MENTIONED IN THIS ARTICLE
Cleveland (Ap
Bologna
U.S
Government weighing price controls to curb inflation
In New York AP reports business leaders debate price controls as a possible tool to fight inflation. The administration leans on steel price restraint while worries grow over wage effects, metal costs, and a potential price wage spiral. Indirect options include an excess profits tax. direct controls face congressional hesitation.
MENTIONED IN THIS ARTICLE
New York
White House
Congress
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U.S. Steel
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A. m
Alleghany CP
Allied Chemical Alcoa
American Airlines
American Can
American E Power
American Tel & Tel
American Tobaccco
Anaconda
H Giliss
Armco Steeins
Ashland
OW Atchison We Atlantic
Baltimore & Ohio
Bendix
Bethlehem Steel
Chesapeake & Ohio
Chrysler Corp
Cities Service
Col & S Oh
Cooper Ind
Curtiss Wright Petron Steel Corp
Douglas Aircraft
Chicago
API
Siti
Tiffin
Findlay
Steubenville
Coshocton
Portsmouth
D. M. Conn