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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 01, 1959
Page
2
Market summary shows pre noon and closing Dow Jones Averages with Bache & Co. data. Trading activity lists multiple industry indices and stock volume figures across the session with totals around 610,000 to 2,820,000 shares.
Cotton futures opened five to fifteen cents a bale higher as trading began. The article notes the Spanish language is spoken by about 103 million people.
Parking is free in the rear of the building at 1234 North Main Street Ter. Access details not provided.
The New York market moved higher in moderate volume with many sectors showing gains. IBM rose about 13 points on stock split hopes while Chrysler American Motors and Ford showed mixed or modest gains across autos and other industries.
Governor Smylie forms a investigative committee to study Idaho gasoline prices cited as 25 to 40 cents per gallon. He telegrams 10 major oil firms urging correction and notes possible violations of the Idaho Unfair Sales Act and antitrust laws.
Kenneth P. Davis, a former University of Michigan smokechaser, is highlighted for his 18 years with the U S Forest Service in Montana, portraying a major authority on forest fire control.
Raleigh AP reports Gov. Hodges met with union and management leaders as strikes at Harriet Henderson Cotton Mill entered a fourth session. Both sides sought agreement on contract terms including arbitration and seniority while violence and court actions continued in Henderson and Vance County.
Assistant Chief Leland Boatwright reported his car missing after leaving keys in the vehicle in the department parking lot. Police Chief Bill Lloyd said he initially thought Boatwright's son had come for the car.
In Indianapolis a witness who heard the shots that killed wealthy Forrest Teel will testify. Edna Smith, neighbor to Teel’s girlfriend Minnie Nicholas, watched Teel enter his car after an evening with Laura Mowrer. Prosecution says three bullets from Nicholas’s French pistol killed Teel in a premeditated murder. defense calls it an accidental shooting during a dispute. State witnesses include Dr Myron Dill, Dr Emmett Pierce, R Y McVaugh, and pawnbroker William G Gano.
Charlotte City Manager Henry A. Yancey 63 announces retirement after 12 years in the post. He has drawn 20 000 yearly and led the city through its largest growth from a 1946 47 budget of 3 682 496 to 12 553 508 in 1958 59. Yancey, a Waynesboro Virginia native, studied at Fishburn Military Academy VMI and the University of Pennsylvania and has long served in city management roles including Charlottesville Petersburg Durham and Greensboro.
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