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High Point Enterprise in High Point, North Carolina

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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

Feb 02, 1962

Page

2

Stock Market Mixed on Noon Trading in New York

The AP report shows the Dow Jones average up 0.93 to 703.47 as stocks rose on the American Exchange with gains in industrials and several sectors while a few names such as International Nickel and Phelps Dodge declined. Bond markets were mixed as Treasuries held steady and oil and utilities moved higher. A separate Jamestown note reports deputies investigating the theft of a booth telephone and its receiver worth about 165 dollars from a downtown location.

New York Tel Kayser-Rothscvyss Liggett 9 Myers Associated Press Air Reveree Lorillard P Rails McLean Trk Monsanto Seveenees Monty Ward Motorola Peeeeeenns Nat Biscuit Nat Dairy Pd Nat Distillers Olas NY Central Sss de Norfh West Am Avia Pacific Ohio Oil Penney JC Republic Aviation Pennsy Pepsi-Cola Financial Federation Great Western Roebuck Nancal San Soy Railway SSM SBM Diego Imperial Sperry Corp International Nickel Std Calif Phelps Dodge American Dow Jones Stevens JP Ows Texaco Inc Textron Inc American Stock Exchange Union Bag Rei Sans On Carbide U.S Union Pac United Airlines United Airer United Fruit Wva Westing el la Western Md West Union Ss Cessesss Westing el Osseses Winn-Dixie Wiseneas Coeereess Suabagey Sheriff's Deputies Investig- Zenith Rad Ss Jamestown

Autos Collide on Kivett Dr

Police report a two car crash on Kivett Drive at 10:30 am yesterday. William Lee Freeman 61 of Kivett Drive and Junius Delma Parrish 54 of Wise Street were involved. Parrish attempted to pass Freeman causing a left side collision. Damage totaled 150 dollars. no arrests were made.

High Point Streets William Lee Freeman Kivett Drive Junius Delma Parrish Wise Street Freeman Parrish

Cotton Futures Opened Flat in New York

New York AP reports cotton futures opened unchanged from the prior close with trading activity expected to follow steady pressure and markets awaiting fresh guidance.

New York

Firefighters Warn About Peanut Parching At Home

Firefighters warn that high oven heat scorched peanuts at 1 p m yesterday in a home on Hodgin Street. The pan burned the shells while peanuts were not yet parched. no damage beyond the loss of the peanuts was reported. The fire call was the only dispatch yesterday.

P. B. Shepard Hodgin St

Groundhog Shadow Debate Spurs Pennsylvania Flyers

The Philadelphia groundhog reportedly saw its shadow drawing ire from Slumbering Lodge of Groundhogs officials and Punxsutawney club leaders. Scholars defend or mock the claim while a Lincoln University professor offers cash for groundhogs to study hibernation effects.

Philadelphia National Geographic Society Men of Science Davis Robert M. Chute Lincoln University Herr Chute Quarryville’s Punxsutawney Gobbler's Knob Punxsutawney Phil Light

Contempt charge against local Negro officer dismissed

In Washington North Carolina AP Judge Rudolph Mintz dismissed a contempt of court charge against the citys only Negro policeman David Williams who had appealed a 60 day sentence from Recorder s Court Williams had claimed no contempt evidence existed and was released from jail earlier by writ of habeas corpus The case involved a bastardy matter with Lucille Sherrod and Curtiss Grice and Williams testimony about a bank deposit and support arrangements by his wife showing Williams had acted beyond police duties but the judge found no contempt.

Washington, N.C Rudolph Mintz David Williams Recorder’s Court Mintz Grice Woolard Williams

Ex-Convict Cash Sentenced in Shelby Break-In Case

Malcolm Thomas Cash, 31, once from Madison Heights Virginia, was given a 4 7 year prison term for breaking and entering larceny and receiving stolen goods in Shelby. Judge Patton suspended the sentence if Cash surrenders to Lynchburg authorities to face charges there.

Shelby N.C Malcolm Thomas Cash Madison Heights George B. Patton Cash Lynchburg Johnny Davis Royster Oil Co Davis Patton Bobby Dean W. C. Oliver Recorder's Court Barbara Layne

Bombs damage homes of two ministers in Los Angeles

Two homemade bombs damaged the residences of Rev. John G. Simmons of St. Matthews Lutheran in North Hollywood and Rev. Brooks R. Walker of Emerson Unitarian in Canoga Park. Families escaped injury as detectives report threats and calls linked to right wing extremism. a guard was ordered for actress Marsha Hunt's home. The panel discussion on extremism was sponsored by the LA chapter of the American Jewish Congress at Temple Sinai in West LA.

Los Angeles John G. Simmons Brooks R. Walker Marsha Hunt San Fernando Valley Simmons St. Matthews Lutheran Church North Hollywood Walker Emerson Unitarian Church Canoga Park

Rockefeller and Goldwater urge GOP unity against Kennedy era shifts

Rockefeller criticized Kennedy over plans for a federal urban affairs department and housing chief Robert Weaver, while Barry Goldwater accused leftists of dominating the New Frontier and urged fiscal responsibility. He also pushed for scrutiny of stockpiling decisions and noted Kennedy’s voting record on defense materiel stockpiles.

Rockefeller White House Kennedy Federal Department of Urban Affairs Robert C. Weaver Barry Goldwater Arizona Goldwater Roosevelt Truman Congress

Dow Jones Averages Reported At Midday

The Dow Jones averages show industrials at 703.60 at 11 A.M. and 703.47 at 12 Noon while the overall average sits near 240.60. Trading volume climbs from 880,000 to 4,260,000 shares as utilities and rail stocks edge higher.

Board commentary on bonds and personal finance advice

A reader asks about NY Central bonds and 1953 yields. The advisor cautions that bonds offer safety versus income and suggests holding on pending rail industry improvements while reviewing life insurance and term options. A second reader income plan favors diversified investments and potential term life for dependents.

Bulgarian pilot Miluse Solakov may face March trial

In Bari Italy Bulgarian air force Lt Miluse Solakov is expected to stand trial in March on espionage charges after a camera jet crashed near a secret missile base. He faces 15 to 24 years and is recovering from injuries in Bari jail. An investigating judge may order acquittal, though unlikely.

Bari Italy Miluse Solakov

No Developments In FBI Probe Of Bank Robbery

The FBI reported no arrests or new leads in the Guilford College branch robbery. A tall heavyset man armed with a pistol fled with $10134 after noon Wednesday from the North Carolina National Bank on campus in Guilford College, N C.

FBI Guilford College N.c North Carolina National Bank

Complaints Silenced as Buffalo Driver Passes Doughnuts

A Buffalo bus driver fed hungry passengers during a snowbound 5 PM rush, buying four dozen doughnuts to ease the wait while downtown traffic iced up.

Buffalo, N. Y

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