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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 16, 1962

Page

5

Dow Jones Falls as IBM Leads 3-Point Slide

The Dow Jones Industrial Average tumbled 3.03 points to 684.87 at noon amid a mixed session with IBM canceling a 3-point rise and several key stocks sliding. Optic gains appeared for Polaroid and Xerox while Beckman, Litton, and Tex Gulf posted losses. Ford rose modestly as Chrysler barely moved and General Motors held steady.

IBM Youngstown Sheet Litton Industries Texas Gulf Producing Korvette Beckman Instruments Polaroid Xerox Ford Chrysler General Motors Bache & Co NEW York Industriais Eee Associated Press Monsanto Motorola Adams Milliseee Nat Biscuit BOM Nat D. Pd Oa Nat Distillers Eee dim /Allis-Chal Am Can Co NY Central Eeeeeene Am Enka Norfh West Atch T & SF Atl Refining Pennsy RR Indus Ayco Cp Balt & O Peer Eeeenee U.S. Steel Republic, Jones &Bendix Corp Ween Sea Eee Pont Burl Ind Eee Sears Roebuck Tovess a/Burroughs Corp Carol & L Eee Eenee Sperry Corp Oeneeee Celanese Corp Eee Cabin Belt Champion P & F United Airer United Fruit Douglas W. Va Woolworth Zenith Radio Sterner Goodrich BF Goodyear T & R Greyhound Sent Gulf Oil Corp Int Nickel Can Ee Eee Int Paper Eee Tel & Tel Kayser Roth Eee Kenc Copeter Liggett & Myers Lorillard P Corceees McLean

Cotton Futures Edge Lower as Bonds Rise on Quiet Trading

New York AP reports cotton futures opened five cents a bale lower to 25 cents above the prior close on the American Stock Exchange. Corporate bonds posted gains while U S government bonds rose in quiet dealings.

New York Erate American Stock Exchange U.S

Summer Plunge For Pot Plants

Pot plants can be moved outdoors after frost danger ends and evening temps exceed 45 degrees. Dig holes slightly deeper than pot depth, add 3 inch drainage layer of crushed stone, place red clay pots so rims show above soil, rotate pots to prevent root through-ground growth, water during drought, and return indoors before frost to keep indoors and maintain plant health.

Church Exemption Debated in State and Federal Courts

Rhode Island upheld exemptions for churches cemeteries and veterans aiding public purpose. Mississippi suit over tax relief for religious groups cited by U S Supreme Court. Federal court blocked prosecutions into voting efforts by John Hardy amid broader church state separation questions.

Mississippi Rhode Island General Assembly John Hardy Nashville, Tenn Onj Assembly Hardy U.S U.S. Circuit Court New Orleans Justice Department Department General Finance General Finance Corporation Brown University Rhode Island Rhode Island Supreme Court

Rockefeller Seeks Bold Action on Economic Problems

Gov. Nelson A. Rockefeller assails the Kennedy administration for weak plans to fix basic economic issues. He urges Congress to advance liberalized depreciation and stronger incentives to boost business investment and growth. Romney and Rockefeller discussed Michigan and New York economic trends during a Detroit gathering.

Detroit Nelson A. Rockefeller New York Kennedy Economic Club of Rockefeller National Democratic Congress Maor George Romney Romney American Motor Corp Republican Party Michigan GOP John B. Martin George Hilman

Educational Program Set By Chamber of Commerce

The High Point Chamber education committee will run an eight week course titled Effective Management Policies. The program, starting Wednesday, uses eight televised broadcasts by DES, DPI, WUNC TV Channel 4 and the Small Business Administration, with local discussions in 17 communities. The High Point group, limited to about 30 business owners, will meet at the YMCA each Wednesday at 7:45 for a 30 minute post broadcast discussion led by community leaders. Enrollment is via the Chamber office. Notable speakers include Emerson Schmidt, Clifford James, Brantly Watson, Harry Meecham, L. T. White, Wilford White, A. M. Woodriff, and Earl Bromwell.

High Point Chamber of Commerce Distributive Education Service Department of Public Instruction Wunc-Tv Education Channel 4 Small Business Administration High Point YMCA Chamber of Commerce Education Committee Frank Sizemore Jr Emerson Schmidt U. S. Chamber of Commerce Clifford James School of Business Administration University of Baltimore Brantly Watson McCormick and Company, Inc Harry M. Meecham Dunn and Bradstreet L. T. White City Service Oil Company Wilford White A. M. Woodriff George Washington University Earl R. Bromwell Baltimore National Bank

Khrushchev presses toward 1984 in double-think doctrine

AP analysis details Khrushchev's claim of an all people state and the evolving four stage path to communism. The piece notes Pravda and Kommunist framing, party supremacy within equality, and the goal of wiping out the imperialist camp while preserving a leading Communist party.

Nikita William L. Ryan Nikita Khrushchev Khrushchev Orwell Pravda Kommunist Communist Party

North Carolina lawmakers clash over Cape Fear high dam plan

In a WRAL-TV debate Rep. Alton A. Lennon backs a proposed high dam in New Hope Chatham County to control Cape Fear River flooding. Rep. Harold Cooley opposes, calling the dam a huge cesspool and warning it would inundate the New Hope Valley and raise county taxes. he supports smaller soil conservation dams instead.

Raleigh North Carolina Chatham County Cape Fear Wral-Tv Alton A. Lennon Wilmington Harold Cooley Nashville U.S. Corps of Engineers Budget Bureau Congress Soil Conservation Service Cooley Soil Conservation Plan

Bus Fire Destroys Queen City Trailways Coach

Fifteen passengers and the driver escaped a Greensboro to Fayetteville bus as sparks appeared from the rear. The driver, Erwin Lee York, pulled over, opened the door, and everyone exited. Firefighters failed to control the blaze. the bus burned near Spring Lake on N C 87.

Fayetteville N. C Queen City Trailways Erwin Lee York Greensboro Spring Lake N. C. 87

Columnist Louella Parsons Likely to Leave Hospital

Hollywood columnist Louella Parsons, 81, is being treated for shingles and pneumonia at Cedars of Lebanon Hospital after entering last Tuesday. Doctors expect her to be released by week’s end.

Hollywood (Ap Hollywood Louella Parsons Cedars of Lebanon Hospital

Frozen Sweat Clue In Cystic Fibrosis Found

Government researchers report mucopeptides in frozen sweat from cystic fibrosis patients show higher fucose levels, suggesting a basic defect in the inherited disease. Study at National Institute of Arthritis and Metabolic Diseases involved 100 normals and 8 CF patients.

Atlantic City N.J J. Charles Pallavicini Federation of American Societies For Experimental Biology Othmar Gabriel Paul A. DiSant’Agnese National Institute of Arthritis and Metabolic Diseases Bethesda

Science Shrinks Piles New Way Without Surgery

A new healing substance reportedly shrinks hemorrhoids, stops itching, and relieves pain without surgery. Case after case shows gradual reduction while easing discomfort, with results described as thorough by researchers.

New York, N. Y

Also Mentioned on This Page

Business and Financial News Dow Jones Algiers OAS Maison Carre Algeria Tunis France Oran Bone Chamber Frank Carey Pallavicini King Korn Packer van Camp Pork Dixie Ilean W-D Wade Mann Drug CO Pet
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