Stock Market Mixed As Pentagon Plan Faces Opposition
The stock market moved unevenly in active trading early this afternoon as leaders oppose a new Pentagon plan.
MENTIONED IN THIS ARTICLE
Pentagon
New York
High Point Enterprise in High Point, North Carolina
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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 06, 1960
Page
2
Defense reform plans face pushback from Pentagon chiefs
In Washington, top military leaders oppose sweeping Kennedy era reorganization proposals. They urge allowing the 1958 structure to prove itself before drastic changes, arguing the current system should be given more time to work.
MENTIONED IN THIS ARTICLE
C. Yates McDaniel
Stuart Symington
Dmo
Defense Department
Palm Beach
Fla
Pacific
Atlantic
Strategic Air Command
Air Force
Symington Group
Defense
Thomas S. Gates Jr
Army
Lyman L. Lemnitzer
Joint Chiefs
George Decker
Marine Corps
David Shoup
Securities Quotation Guide From NASD and Other Sources
The following bid and asked prices are from the National Association of Securities Dealers Inc and other unofficial sources. They indicate approximate ranges for securities could have been sold or bought at the time of compilation. Origin of quotations available on request.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers Inc
Dow Jones Averages Reading From Furnished Data
The piece shows a market snapshot with Dow Jones Averages across sectors such as Industrials Rails Utilities and Stocks. Figures include openings and closing estimates with volume figures and a scribbled footnote line.
MENTIONED IN THIS ARTICLE
Bache
A.m
Unclear historical offer list with multiple 100 series items
Fragmentary text lists many 100 items including banks and firms such as North Carolina National Bank Wachovia Bank and Trust Drexel Furniture Co and J B Ivey Co plus Southern Furniture Exposition and percentages and dollar figures. The readable parts resemble a ledger or advertisement from a past paper with scattered monetary values. The piece lacks coherent event or narrative.
MENTIONED IN THIS ARTICLE
High Point Savings & Trust
North Carolina National Bank
Wachovia Bank & Trust
Drexel Furniture CO
J. B. Ivey & CO
Southern Furniture Exposition
B. B. S. Studios
Science Shrinks Piles Without Surgery New Remedy
A new healing substance named Bio-Dyne, promoted as Preparation H, reportedly shrinks hemorrhoids, stops itching, and relieves pain without surgery. Case by case relief and shrinkage are claimed, with availability as suppository or ointment from drug counters.
MENTIONED IN THIS ARTICLE
New York, N. Y
Attorney To Help UNC Present Case For State Aid
Asheville attorney Frank Parker will assist UNC officials in presenting their case for increased 1961 state appropriations. Trustees unanimously backed the effort, with the Visiting Committee warning salary underfunding could drive away many faculty and staff. In the past decade UNC loses 427 top personnel, including 3 chancellors and 6 deans. Governor Hodges defended the Higher Education Board amid budget battles.
MENTIONED IN THIS ARTICLE
Victor Bryant
Durham
Consolidated University
William C. Friday
State Board of Education
Hodges
Higher Education Board
Ed Kennedy to Visit Leopoldville in Congo Trip
Edward Kennedy 28 the youngest Kennedy brother travels to Leopoldville after talks in Katanga Province. Senators Church and Moss joined him in Africa on a fact finding mission for the president elect, urging Washington to recognize only the central Congo government. Edward Kennedy plans to report back to his brother in Washington.
MENTIONED IN THIS ARTICLE
Leopoldville, the Congo
Edward Kennedy
John F. Kennedy
Leopoldville
Katanga
Elisabethville
Frank Church
Idaho
Frank Moss
Utah
Washington
Congo
Central Congo
Africa
Two Men Arrested In Con Game In Savannah
Savannah men Aaron H. Fine and Joseph T. Addison were arrested on interstate transportation of stolen property charges after allegedly defrauding Ralph Homer Sykes of Nashville North Carolina of 25000 dollars. The FBI traced the suspects over two months and they were to be arraigned before U.S. Commissioner Joseph Bergen.
MENTIONED IN THIS ARTICLE
Savannah
North Carolina
FBI
Aaron H. Fine
Joseph T. Addison
Ralph Homer Sykes
Nashville
N.C
Sykes
U.S
Joseph Bergen
Kennedy and Eisenhower Meet Behind White House Doors
The two leaders held private talks in the Oval Office with Kennedy introduced to White House staff including West and Rowley. They planned a joint statement after their secluded discussions, with no immediate decisions expected.
MENTIONED IN THIS ARTICLE
Oval
Ex Bank Teller Is Fined $1000 in Embezzlement Case
A 27 year old former bank teller Douglas F Foster of High Point was fined 1000 dollars and given three years probation after pleading guilty to embezzling 3000 dollars from the St Petersburg Bank and Trust Co while employed as a teller. He previously faced related charges in Greensboro.
MENTIONED IN THIS ARTICLE
Associated Press
Food
American Fidelity Life
BBS Studios
Colonial
Drexel Furniture
Florida Capital
Gulf Life
High Point
Saving & Trust
Jefferson Standard Life
Dow Jones
N.C
Piedmont Natural Gas
Public Service of
U.S
Pyramid Life
Bache & Co
Southern Furn
American Can Co
Spur Oil
Allied Chemical
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
General Motors
DuPont de Nemours
Goodyear Tire & Rubber
International Harvester
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Phillips Petroleum
Pennsylvania Railway
Pepsi-Cola
Procter & Gamble
Reynolds Tobacco
Republic Steel
Sears Roebuck
Southern Ray
Ij. P. Stevens Co
American Tel. & Tel
Texas Co
Pos Union Carbide & Carbon
United Aircraft Corp
Westinghouse Electric Co
U. S. Steel
Stra
Youngstown Sheet & Tube
Togic
F. W. Woolworth Co
Greensboro
Middle District Court
Florida
Edwin M. Stanley
Douglas F. Foster
Hodgin St
St. Petersburg
Fla
St. Petersburg Bank & Trust Co
Bank of Greensboro
FBI
Foster
St.Petersburg
Henry M. Barnes
Reidsville
Elroy V. King
Asheboro
Rockingham County
Robert L. Benston
Thomasville
Albert Roberts
Sunnyside
N. Y
New York City
Marland
Durham
Wright Lilly
Johnny H. Odom
Burlington
Hodges to Be Feted Tonight in Raleigh Dinner
Governor Luther Hodges and Mrs Hodges will be honored at a Hotel Sir Walter dinner in Raleigh. More than 600 attendees are expected as the event marks the nearing end of Hodges term and his upcoming appointment as commerce secretary in the incoming Democratic administration. Holt McPherson of The High Point Enterprise serves as master of ceremonies.
MENTIONED IN THIS ARTICLE
Raleigh
Luther Hodges
Sir Walter
Hodges
Holt McPherson
High Point Enterprise
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