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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 06, 1959
Page
2
New York stocks opened with gains then turned mixed and mostly lower within the first hour. Industrials led declines with Goodyear and Du Pont down. Republic Aviation rose slightly while General Dynamics slipped.
A list of stock percentages and prices for companies including American Tobacco Dow Chemical General Electric General Motors Gulf Oil United Aircraft and others as reported by Cone Mills Corp and Bache & Co with figures ranging from single to triple digits and denoting varied stake levels.
Balloon Expedition Small Worlders led by Colin Mudie reach the Cayman coast and dock at Bridgetown. The four Britons include Mudie and his wife Rosemary with navigator and cook, greeted by Prime Minister Grantley Adams and officials. The gondola drew crowds, police guard, and plans for a city freedom parade.
The page shows Dow Jones averages with Furnished by Bache Co. values for Prev 12 noon and 1 pm and a closing figure. Industrials and utilities sections list index numbers and small changes with market figures.
Television programs show weather at 6, then Douglas Pawardes at 6 45, State 70 Denne 00, Death Valley at 1, World Turne at 2 0, Jimmy Dean at 7 0, and Art Linkletter featured.
Quotations compiled at 11 a.m. today and furnished by J Sturgis May and Company from the Security Bank Building supplied list of quotes for investors and traders in a daily briefing from the local market desk.
IGY studies reveal two hazardous radiation belts around Earth from 1,400 to 6,000 miles altitude that could block space flights. Sun particles trapped by Earths magnetic field may heat the atmosphere and cause auroras. observations also reshape the understanding of the planet magnetic field and its wandering clouds.
Urrutia outlines governance with 11 cabinet members and plans to bar gambling a holdover from Batista era. Castro arrives to clarify government structure while martial law ends in Havana province after a clash with the Revolutionary Directorate at the Presidential Palace. Cienfuegos imposes order and later stabilizes the palace as Urrutia takes charge.
Carl Sandburg praised Batista for reading Abraham Lincoln and spoke on Cuba, science, and politics from his mountain home. He called scientists independent and noted advances like a satellite and an undersea vessel, expressing hope for a future of exploration amid global tensions.
The widow of slain Highway Patrolman Harry Boyd Ray testified first in the Orangeburg murder trial. She described Ray leaving to patrol the Clarendon-Orangeburg area the night of September 6.
Forecast notes cold conditions across the region with very cold nights. North Carolina expects highs in the 20s to upper 30s and lows near single digits to around 20. South Carolina stays fair with lows 15 to 22 and quieter midweek. Georgia turns mostly fair and warmer with highs 45 to 55 and nightly lows from 15 to 32.
Eric Johnston defends inviting guests to a Berlin talks dinner at the Motion Picture Association of America headquarters as 50 anti Communist pickets protest outside. Mikoyan's two day US visit includes talks with Secretary Dulles and plans to meet President Eisenhower, then a Western tour to Cleveland Detroit Chicago and other cities.
Tom Nugent asked Florida State University to release him from his head coach and athletic director duties to accept the University of Maryland football head coach post. FSU President Strozier said the release depended on Maryland Regents approval and that Nugent’s three year contract would be fulfilled with one year remaining.
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