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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 21, 1957
Page
5
A brief note recalls the YMCA founded in 1844 and the YWCA established in 1855, highlighting early Christian social organizations and their dates of origin.
The market closed the week with a brisk rally led by industrials as Lukens Steel jumped 11 percent amid gains in Gulf Oil Kaiser Aluminum General Electric and El Paso Natural Gas. Short interest rose to 98 021 shares as of April 15 signaling a cushion for buyers on declines and quick repurchase if prices rise.
High Point merchants launch citywide post Easter sales under the Merchants Association led by promotions chairman Ed Stubbs. Observers note inventories look down but bargain availability should rise when stores reopen Tuesday. Hosiery industry concerns focus on keeping costs and prices aligned to stay competitive. A Big Bear store opens in Asheboro May 7 with 12,000 square feet total and 9,000 feet selling space as part of regional expansion. Mebane shifts from Holbrook to Mountain View Calif as Joseph W. Smith becomes western division assistant sales manager for American Sikal Kraft.
Moving plans for a State Highway Patrol and driver license office to a new one story building to be built on property bought from Clodfelter interests along the superhighway between Main Street and Springfield Ave. The facility will house examiners and patrolmen and open in the fall. Sgt. W S McKinney notes space is needed and parking is insufficient at the County Building basement.
Vegetable ivory is a product derived from the kernel of the ivory palm nut and is chiefly used in making buttons.
In 1870 Michigan State University admitted its first woman student, marking a milestone in higher education access. The historic entry represents a significant shift in campus inclusion and academic opportunities for women.
U S Treasury bonds drifted lower while corporate bonds fell this week in a holiday-shortened period. High grade issues saw renewed selling pressure as rails and investment grade bonds weakened. Exchange volume on the New York Stock Exchange for the four day week totaled 15.6 million dollars in value, down from the prior week and well below year‑ago levels.
The text notes Alaska lacks its own police force and that U S marshals in the judicial divisions hold general police powers. It also defines "mores" as ethical customs elevated to unwritten laws.
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