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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 31, 1958
Page
5
Stock market advances unevenly in yearend trading as gains in Du Pont and several groups offset small losses elsewhere. Zenith led declines before partial recovery while tax loss selling and window dressing cloud the pattern.
Four people face federal charges after aiding an attempted escape by Charles Quentin Schrum from the Stanly County jail in Albemarle on Christmas Day. Deputy William Kennedy said Schrum and another inmate were caught trying to saw and drill through a cell wall. Holmes? Farr Honeycutt and Shadrick were charged with supplying tools. Jesse Broadway was charged with aiding the escape by restraining blades. Schrum was bound over to a federal grand jury on the escape charge.
The Common Market forming among France, West Germany, Italy, Holland, Belgium and Luxembourg prompts U S firms to weigh competitive gains and access to Europe. U S policy on taxing foreign earnings draws debate as investors seek reinvestment incentives and alternative tax treatments to ease overseas operations.
The Beefeaters are the popular name for the royal guards who serve the King or Queen of England. Their role and duties as ceremonial guardians tie to living history and state ceremonies. The term reflects centuries of English tradition and palace security practices.
The Carl Chavis YMCA will host a public program Thursday at 8 p.m. in the gymnasium to showcase progress since the Emancipation Proclamation with Rev. B. Elton Cox as guest speaker and Mrs. Mary Blackburn reading the Proclamation. Special music directed by Mrs. Ethel Ballenger.
A brief entry lists Northwestern Mutual Life Insurance Co with phone number 5682 and age 22 noted in the text.
The Dow Jones averages show industrials at 581.80 at close with 12 noon and 1 p.m. readings. Rails sit at 20195 with utilities near 90.50, while total volume reaches 3,000,000 shares. Selected figures include Industrials 562.65 prior, 682.48 at noon, and 15 Stocks at 20195.
Gloria Diane Hanses, born three and two months premature at Swedish Covenant Hospital, weighed 12 ounces and lived 54 hours in an incubator. Doctors cite immaturity as the cause. if she had survived, she might have set a record as one of the smallest infants to live. The birth followed a fall by her mother Mabel Hanses, 23.
In a notable shift in corporate ownership, women own 52 percent of shares while men hold 48 percent in United States public corporations, reflecting growing female investment and influence in markets.
Peter Tangvald, 34, completed a 13,000 mile solo voyage from England to Long Beach aboard Windflower after 14 months at sea. He survived a hurricane, 31 days with no life signs, 48 hours at the tiller in heavy fog, and a broken finger. He plans no sequel, calling it too much for one man.
The note calls for talks on a broader framework of negotiations addressing the German problem and European security. It mentions Western proposals for three all-German elections or other schemes to secure German unification in freedom, with no date or venue set. Some see a Big Four foreign ministers meeting in spring. Mikoyan’s Washington visit is viewed as part of a Kremlin move to ease Berlin tensions.
Joe Ramos found his car damaged by a hit and run in front of his home in Hutchinson. Police arrived and issued Ramos a ticket for parking on the wrong side of the street, prompting questions about the officer's handling of the incident.
The Guil R and Volunteer Fire Department cancels its Thursday night business meeting and reschedules for Thursday January 8.
Malinda Diggs Berry of Stillwater Oklahoma won the 1959 Maid of Cotton title in Memphis Tennessee over 20 cottonbelt beauties. She heads to New York for a wardrobe fitting and fashion work. First alternate is Mary Sharp Swayze Greenwood Mississippi and second alternate is Marcella Ann McKenzie Tyler Texas.
In Waynesville North Carolina a ten year old boy died when his older brother nineteen? pulled a trigger while looking down a shotgun. The gun belonged to the brother who had checked it out for a rabbit hunt and the coroner ruled the death accidental noting a shell remained in the gun.
Reader's Digest January issue offers 49 practical suggestions from a brainstorming session of happily married people to rekindle romance and spousal spirit. The feature promotes 35 other entertaining articles and is on sale at newsstands.
Marine Corps Major Grant testifies in a court martial denying charges of assaulting recruits with a plastic cup and details about shakedown payments. He acknowledges owing over $3,000 on a car and a house trailer, with a base pay of 220 dollars and 170 dollars for his family. The trial centers on financial dealings with the Ohio platoon and the severity of the charges.
Six year old Bobby Clarence Stephenson remained unconscious after being struck by a truck on East Guilford Street. Doctors at Thomasville Memorial Hospital consulted a Greensboro brain surgeon to assess injuries. Police said Worth Johnson of Thomasville Motor Company drove the truck. no charges filed.
Six-year prison term awarded for one assault charge and six months for another. Two-year penalties for soliciting gifts and a $230 payoff. A dishonorable discharge possible with any conviction. Defence claimed $690 paid to 69 recruits for laundry and shoe repairs. witnesses testified with mixed accounts and several recanted statements.
Thomasville's 21st annual March of Dimes campaign begins Friday and runs through January 31. Campaign chairman Bill Mills announced the Davidson County effort was launched at a Lexington kick off dinner this week.
Main Street Methodist Church hosts a New Year’s Eve service starting at 10 30 tonight. A family movie screens first, followed by Holy Communion at 11.
A group of granite mountains lies off the coast of Acadia in Maine, forming a notable coastal geological feature visible from shore and related to seaward rock formations.
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