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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 09, 1962
Page
2
The stock market advanced at noon in New York, regaining part of 1962's sharp losses. The AP 60-stock average rose to 256.50 as industrials, rails, and utilities posted gains and trading remained fairly active.
Police report three city accidents yesterday with no injuries and combined damages of 1200 dollars. Emory Greer Bullard swerved to avoid a parked car on Mangum Avenue, hit a utility pole, and was cited for failure to reduce speed.
Between 200 and 300 students from colleges and universities are expected for a state MSM conference the weekend of January 26 to 28. Housing is arranged by Mrs. Howard Marsh. Rev. Jameson Jones of Garrett Theological School will be principal speaker. Martha Harrison of Thomasville is MSM president. Patti Colliver chairs the conference.
Ray's Watch Shop owner reported a missing display watch valued at 137.50 after three unknown youths were seen in the store during the busy period. Police are investigating. A Greensboro man, Wylie Pursley, 58, was charged with operating under the influence after being stopped on Highway 29 A. Bond set at 300 dollars for Jan. 12 Municipal Court.
Unofficial bid and asked prices compiled from NASD and other sources. These figures serve as a guide to approximate ranges securities could have been sold or bought at the compilation time. Origin of any quotation available upon request.
Raleigh AP State Bureau of Investigation investigates the role of Interstate Services Inc in the Highway Department sign procurement system. Gov. Sanford fired engineer Robert A. Burch amid corruption links with Kidd Brewer’s firm and payments to Burch’s son.
The Dow Jones averages show 30 Industrials at 708.9, 20 Industrials at 146.65, Utilities at 124.0, and Stocks at 240.5 near noon and close with volumes ranging from 780,000 to 4,620,000 shares. Data furnished by Bache & Co. includes 11 AM and 12 noon readings.
Cotton futures in New York opened 40 cents a bale higher than the prior close and 10 cents above the earlier level, signaling firm early demand.
Felix Dobbins, 77, died Monday at his Carbon Hill Alabama home after two years of declining health and three weeks in critical condition. Survivors include brother J H Dobbins of High Point, half-brother C H Dobbins of Trinity and half-sister Mrs Roy Kelley of High Point. Funeral set for 2 p.m. Wednesday in Carbon Hill.
Michael H. Katz, Kansas City pioneer of the super drug store, rose from candy stand operator to board chairman of Katz Drug Stores, dying Monday from a heart ailment at age 74.
Dr Karl Anton Mueller, 94, the Moravian Church in America's oldest bishop, died Monday. Native of Bohemia, he was elevated to the bishopric in Wauwatosa Wisconsin.
The High Point board of education met to consider bids for a new Kirkman Park elementary on the site purchased. Bids opened today. the board will select contractors for a half million dollar school tomorrow. Occupancy expected for 1962 63, with 14 classrooms.
Snow and freezing temperatures disrupt travel and services across multiple states. In Monroe and Ruston Louisiana roads ice over. Alexandria sees rain with snow expected later. Western Kansas reports up to 7 inches. Casper and Laramie reach 24 below, Denver tallies two storm deaths from exertion during heavy snowfall.
Rhode Island officials O Halloran and Grande toured North Carolina prison units and spoke with inmates. They praised humane treatment but noted room for improvement, after prior concerns raised by the fugitives about returning to the state.
The parks and recreation commission approved sponsoring a family camping workshop with High Point College at City Lake May 11 12 13. Bids for summer park concessions will open March 1 and be reviewed March 5. James King was chosen as Negro recreation director. Maintenance crews are repairing recreation centers including remodeling Harvell Park and repainting Washington Terrace.
Annie Doll ens Bregg age 77 former feature writer and club editor for the Pittsburgh Sun Telegrap h died Monday in Utica New York.
A 16 year old prisoner escaped from the Gastonia city jail by climbing the roof in freezing weather. He allegedly stole a car and called a jailer to joke he was headed to California. Ronnie Summersett, from Gastonia, had been arrested for car theft and sent to the Jackson Training School in Concord.
Bing Crosby shows steady improvement after kidney stone removal surgery at St. John's hospital in Santa Monica. Doctor Frederick Schlumberger says Crosby likely to be released within a week.
An article touts estrogenic hormone skin treatments with dramatic before and after results. It promotes HORMONEX Beauty Serum as a guaranteed, money back product, claiming quick improvements in wrinkles dryness and glow within five days at a $3.50 price.
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