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This newspaper page contains 14 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 27, 1960
Page
5
New York early trading shows the Associated Press average at noon steady near 219.10 as utilities and rails rise and industrials dip. Gains in utilities nonferrous metals aircrafts tobaccos and rails reinforce a slightly higher market.
The document lists up and asked prices from the National Association of Securities Dealers Inc and other sources as unofficial guides. It notes quotations are not actual transactions and indicate approximate sale or purchase ranges at the time of compilation.
The Dow Jones Industrial Average stands at 613.23 after a morning of trading with 30 stocks showing modest gains. The broader market indices show utilities at 98.71 and a total volume around 3.58 million shares.
The article reports France carrying out a third underground atomic test at Reggane in the Sahara as Charles de Gaulle pushes toward an independent nuclear force. It notes U.N. and NATO tensions, U.S. limits on nuclear secrets, and France’s refusal to join Geneva talks while Kennedy prepares to take office.
The Christmas weekend death toll reached 630 across all causes with 474 traffic fatalities and 76 fires reported. Traffic deaths averaged six per hour and stayed below earlier estimates, while fires rose to 76 and other accidents reached 80. California led with over 40 percent of the interstate toll, while five states reported no highway deaths.
A reader asks if large gains should be paid as tax now. The answer varies by securities, totals, and overall portfolio goals, tax bracket, and age. Prudence may suggest partial profit-taking and shifting to defensive assets, but no single rule fits all.
William Dickerson Waters 55 and his 15 year old son James H. Waters died when their car skidded on an icy U S 58 patch in Pittsylvania County nine miles east of Danville. Police said a high embankment created frost that the sun could not melt. The father died at the scene and the son died hours later in Danville Memorial Hospital.
Washington used a first round pick obtained from Dallas to draft Norman Snead, Wake Forest quarterback, with Joe Rutgens of Illinois added as the next pick. Minnesota chose Tommy Mason atop the draft, while other first round selections included Marlin McKeever, Mike Ditka, and Jim Johnson among others.
Funeral services were held two hours apart in Boger City churches for two separate Christmas weekend highway accidents. Martin Luther Howard 28 died in a Catawba County crash. William Lawrence Matthews and his wife 31 died near Sparta Georgia when their car hit a moving van. Howard was son of Mrs Melvin Howard and nephew to Mrs J E Norwood. Both services were in Boger City churches.
Col Ladson G Eskridge Jr., deputy commander of Lowry Air Force Base, died Saturday in Denver of abdominal cancer. A 1932 graduate of The Citadel, he flew many missions in the central Pacific during World War II.
Thurman Lee board chairman of Drydock Savings Bank in New York City died Sunday of a heart attack. The retired bank president was born in New York and had homes in New York and Connecticut.
Giuseppe Mario Bellanca an aviation pioneer dies at Memorial Hospital from leukemia at 74. Sicilian born American citizen designed planes since 1907 and led his eponymous company. His Bellanca monoplane Columbia achieved the first nonstop transatlantic passenger flight in June 1927 with Clarence D. Chamberlin and Charles A. Levine.
Mrs. Arthur U. Newton, 67, known as Margot White, portrait painter and wife of Newton Galleries owner Arthur U. Newton, died Monday after a long illness. She married Newton in 1959 after the death of her first husband Victor G. White. Born in Chicago.
The term terra cotta means fired earth in Italian and was used extensively by the early Greeks as a structural decorative material. It was produced with ceramic glazes as well as natural finishes.
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