Stock Market Rally Ends Dismal 1957 With Heavy Trading
New York stocks closed the year with a belated rally in very heavy turnover. The Associated Press average rose to 154.80 as industrials, rails, and utilities gained, while losses were few. Treasury bill rates fell to their lowest since August 1956 indicating eased money conditions.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Wall Street
Treasury
Associated Press
Bache & Co
American Can Co
Allied Chemical & Dye
American Tobacco Co
the Borden Co
Rethlehem Steel
Burlington Mills
Greehas
Chrysler Corp. Ee
New York Central RA
Cone Mills Corp
Carolina Light & Srciil
Douglas Aircraft
DuPont de Nemours
Eer
I Stad Vooseve Ook
Eastern Airlines
Dow Jones Averages Reported By Bache & Co
The Dow Jones averages show figures for 30 industrials at 434.40 opening 435.10 noon and 431.78 at close with notable moves in rails and utilities and a reported volume of 920,009 at noon 1,830,000 at midday and 3,750,000 later in the session.
MENTIONED IN THIS ARTICLE
Bache & Co
Currency cost and Canadian coastline figures
The government spends eight tenths of a cent to produce each U S currency bill. Canada stretches about 24 500 miles along its coastline.
MENTIONED IN THIS ARTICLE
U. S
Canada
Business Mirror 1957 Lived Up To Expectations
New York reports a year of mixed outcomes with a general economy holding. Analysts foresee a split 1958: industrial decline early, possible upswing in the second half while consumer demand remains constrained by higher living costs.
MENTIONED IN THIS ARTICLE
New York
Florida gunman killed in high speed crash at Cape Canaveral
A gunman fleeing in a stolen Georgia patrol car to Cape Canaveral collided during a 100 mile per hour flight. A loaded sawed off shotgun was found in the wreckage. Police say the shooter intended to blast officers. In Washington bar shooting over a $20 tab two men killed George Kaldes and Kenneth Fisher. Bernard Mainer left paralyzed. Suspects fled in multiple cars, releasing Doris Mattingly and abducting Army Pfc. Larry Monteith before abandoning a car near Alberta Virginia.
MENTIONED IN THIS ARTICLE
Cape Canaveral
Fla
Overton
Georgia State Patrol
J. L. Knight
Washington
George Kaldes
Kenneth Fisher
Bernard J. Mainer
Mainer
McDowell County
N.C
North Carolina School For the Blind
Raleigh
Marion
Doris Mattingly
Army
Larry Lee Monteith
Miss Mattingly
Richmond
Monteith
Alberta
Asonia G. Allman
Cheraw
S.C
Third Strike Brings Term On Roads For Blakney
Leonard Street resident Awell Blakney, 28, received 18 months on the roads plus a six month suspended sentence after his third arrest for transporting whiskey in three cars since Aug. 23. Other sentences included Herbert York three months on five worthless checks, Versie Britton two months on two drunk charges, Winnie Nichols four months for drunkenness and soliciting alms, Noah Bostic and Edna Mae Medlin 30 days each for drunk cases. Wright and Brown bound over to Superior Court on breaking and entering with bonds set at 2000. Cox bound over on three forgery counts.
MENTIONED IN THIS ARTICLE
Leonard Street
Awell Blakney
Blakney
Whis Velleedey
Byron Haworth
Haworth
Herbert R. York
Route 4
Versie Britton
Winnie E. Nichols
Thomasville
Noah Bostic
E- Washington Street
Edna Mae Medlin
Superior Court
Daniel Roy Wright Jr
Greensboro Road
William Clarence Brown
Howell Street
Wright
Brown
Charles Carroll Cox
W. Broad Street
Butler Dies at Salisbury in Memorial Hospital
Rebecca Butler 1616 West died Sunday morning at Sinan Memorial Hospital Salisbury born in Ker shaw County South Carolina. survived by husband Benjamin Butler and sister Edna Horne. Funeral 1:30 pm Wednesday First Baptist Church with Rev W F Elliott. burial Greenhill Cemetery. Body at Hairlip Funeral Home.
MENTIONED IN THIS ARTICLE
Mig Rebecca Butler
West
Sinan Memorial Hospital
Salisbury
Kershaw County
S. C
First Baptist Church
Benjamin Butler
Edna Horne
W. F. Elliott
Greenhill Cemetery
Hairlip Funeral Home
Blair
Henry Blair
Vail St
Augusta
Marietta Paint Co
Temple Memorial Baptist Church
Carrie Blair
George Blair
F. R. Mason
Green Hill Cemetery
Foster Grove Baptist Church
Jamestown
Spiritual Holy Church of God
Sherrod Street
High Point
Comedian Red Skelton Faces Severe Asthmatic Attack
Reports say Skelton suffered a worsening asthma attack while preparing a film skit with Crosby at Bel Air Golf Course for a January 12 TV special. His wife described him as exhausted, insecure about his talent, and under medical care for his condition.
MENTIONED IN THIS ARTICLE
Red
Crosby
Bel Air
Pebble Beach
Skelton
Bing
Richard
Escapee Implicated In Break-Ins
Police arrest an escapee from a North Carolina prison camp named Watson James Gardner 33 formerly of Winston Salem now tied to at least 10 break-ins. He will be sent to Central Prison Raleigh to finish an 18 month term. detainers will be filed for the 1947 burglaries Gardner denied.
MENTIONED IN THIS ARTICLE
Winston-Salem
North Carolina
Houston
Tex
Watson James Gardner
Central Prison
Raleigh
Lee County
Gardner
Pollice
Weather outlook with highs and lows for today and tomorrow
Tonight's low is 35 with a tomorrow high of 46. Today's high reached 50 and last night's low was 24. Sunset is 5 16 PM and sunrise tomorrow at 7 31 AM.
MENTIONED IN THIS ARTICLE
Charlotte
Weather Bureau
Asheville
Atlanta
Augusta
Detroit
Evansville
Galveston
Greenville
S.C
High Point
Jacksonville
Little Rock
Los Angeles
Memphis
Meridian
Miami
Mobile
Myrtle Beach
New Orleans
New York
Raleigh
San Antonio
San Francisco
Savannah
Tampa
Washington
Wilmington
Alternate Road Routes Provided
NEWLAND NC A deed transferring 779 acres on Grandfather Mountain from North Carolina to Hugh M Morton of Linville and Wilmington was recorded. Morton and family also deeded road frontage on US 221 to the state, enabling two Parkway route options: follow the present U S 221 with curve removals, or a northwesternly alternative above and west of the highway.
MENTIONED IN THIS ARTICLE
Newland
N.C
Grandfather Mountain
North Carolina
Hugh M. Morton
Linville
Wilmington
The
Register of Deeds
Morton
Julia T. Morton
Hugh MacRae
Collins to Speak at Raleigh Jefferson Jackson Dinner
Florida Governor Leroy Collins will headline the Jefferson Jackson dinner for North Carolina Democrats in Raleigh on February 1. NC Democratic National Committeeman B Everett Jordan announced the event and chair Steve Nimocks of Fayetteville, retiring president of North Carolina Young Democrats, will lead the dinner as chairman.
MENTIONED IN THIS ARTICLE
Raleigh
Florida
Leroy Collins
North Carolina Democrats
North Carolina
North Carolina Young Democrats
Mayor Thom as D'Alesandro Hailed After New Year Handshake
In Baltimore at a New Year's reception Mayor Thom as D'Alesandro shook hands with 6 234 people. The result was a swollen finger and bruised right hand. Dr Anthony Carozza of the City Health Department bandaged the mayor's hand.
MENTIONED IN THIS ARTICLE
Baltimore
Thomas D’alesandro
Anthony Carozza
City Health Department
Sonotone hearing aid promotes discreet in ear model
An advertising notice promotes Sonotone new in ear hearing aid. It weighs half an ounce and is worn entirely in the ear with no cord or button. Benjamin Moore, Sonotone consultant, will be at the Sheraton Hotel High Point on Thursday January 2 from 10 a.m. to 6 p.m.
MENTIONED IN THIS ARTICLE
Sonotone
Benjamin Moore
Sheraton Hotel
High Point
Guilford County
City of
Forecast of Clearing and Cold Spreads Through the Southeast
North Carolina begins with increasing clouds and warmer air this afternoon, with rain turning to snow in the mountains and a sharp drop in temperature by Wednesday night. South Carolina stays cool with rain and clearing, while Georgia stays cool with rain late today ending by Wednesday morning.
MENTIONED IN THIS ARTICLE
North Carolina
South Carolina
Georgia
Convicts to Stage New Year Show at San Quentin
A 15 act Show of Stars organized by the Theatrical Federation will be presented tomorrow at San Quentin Prison. The program features convicts performing alongside night club and stage stars in a traditional New Year’s Day show for San Francisco audiences.
MENTIONED IN THIS ARTICLE
San Quentin
Calif
Federa
Ton of
San Francisco
Also Mentioned on This Page
Eastman Kodak
Ssuilee OO
General Motors General Dynamics
Goodyear Tire & Rubber
International Harvester
Westinghouse Electric Co
Beldington Cities
Youngstown Sheet & Tube
F. W. Woolworth Co
International Tel
Standard Oil Co
AOR Jones Laughlin Steel
Johns Manville
Ceee Gee Mogs
Iass
Norfolk & Western Ray
Phillips Petroleum
Pennsylvania Railway
Poron Berrieveacesh
Proctor & Gamble
Reynolds Tobacco
Republic Steel
Csscee OO
Sears Roebuck
Ae Southern Ray
Cove
J. P. Stevens Co
Seaca Ane
American Tel, & Tel
the Texas Co
Union Carbide
United Aircraft Corp
E. Washington St
Dow-Jones
Peete Enee
Mar Serer Ee Ener
Business Mirror
By Sam Dawson
America
Chevrolet
Automotive Accessories
N. Main ST
Best
Colored News
Collins
High Point Enterprise
Wilbur M. Currie
Dist. Mgr
Life Insurance Company
Ofc. Greenshore
Trailways
Leway
Nealbane
Bene
Union Bus Terminal
Lindsay Street
High Point Township
H. A. Wood
W. F. Hester
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