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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 22, 1958
Page
2
The Dow Jones Averages show intraday movement with figures for Industrials Rails Utilities and Stocks. Prev 12 noon 1 p.m. and close quotes indicate varying levels and trading volume across the market.
Venezuelan tax rise to 60 percent on oil revenues spooked investors as leading shares slid. Creole Petroleum and Jersey Standard dropped while Continental Oil rose, with mixed moves across firms including Polaroid, Zenith, American Telephone and U S Steel. Bonds trended down as brokers noted increased yearend tax activity.
WSOC TV Charlotte listings show programs from 10:30 PM to 11:10 PM including Wells Fargo at 9:30 PM, Pete Guan at 9:00 PM, John Belinda at 9:30 PM, Arthur Murray at 10:00 PM, News at 11:00 PM, and Sports at 11:10 PM followed by Jack Paar lineup.
An AP report says a boiler blast at the First Baptist Church of Arcadia near Spartanburg Sunday gutted the church and education building. Fire departments failed to control the blaze. loss estimated around 150000 dollars by Board of Deacons chair Harold Davis.
The Associated Press reports a weekend of deadly violence across North Carolina killing at least 17 people. Victims include Pearl Lankford and her three children struck by a car near Hays. others harmed in shootings, stabbings, or a fatal bus station fight. Authorities named multiple suspects and ongoing investigations across several towns.
Joe Kuharich, former Washington Redskins coach since 1954 and Notre Dame guard alumnus, is named head football coach at Notre Dame succeeding Terry Brennan. Brennan, 32 18 career Notre Dame losses and wins, is dismissed after a 6 4 season amid a five year 32 18 record.
POLSON Montana AP Frank Davis aged 106 believed oldest white resident of Montana was found dead Saturday at his home from apparent old age Born in France April 10 1852 he came to the United States in 1889 after serving in the Prussian army and participating in the Boxer Rebellion
Det. Sgts. Odell Childress and Harvey Lord testified that Lambert said he "went all to pieces" after a woman refused him and could not recall events after the initial stabbing.
Springfield AP report notes a Christmas package from a mailer carried a warning to avoid water if ticking sounds are heard. Inside was a toy robot that might operate if the box is squeezed, prompting post office workers to flag the item.
U S bakers produce bread enough to span Earth to the Moon eleven times if loaves were laid end to end, highlighting the vast scale of domestic baking and mass production in a single year.
A reader asks about balance funds versus growth funds and fees. The column explains balanced funds mix stocks, preferred shares, and bonds, trade off risk, and may incur high fees if buying multiple funds. For a college-bound son, safe vs growth paths are discussed with prepaid commissions cautions.
Southerners aligned with Alford claim victory was legitimate and contest no civil rights issue, while Democrats accuse voting and election law violations. Leaders fear a fight over seating Alford, yet seek a compromise on House rules to avoid bottling legislation. A liberal bloc pushes to force action on bills stalled by the Rules Committee.
Investigators say Olga Duncan, a nurse, was murdered after a staged annulment scheme. Suspects Moya Baldonado and another co conspirator are charged with kidnapping and murder. The body was found buried in a Casitas Pass embankment after a struggle, with details tied to a fraudulent divorce plot.
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