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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jan 11, 1963

Page

2

Market slides as oils and steels lead declines

New York stocks drift lower in moderate trade with oil, steel, motor, rail issues down. Aerospace shares gain a point while Chrysler, Ford, GM slip. IBM and GE fall. Dow Jones at noon down 0.67 to 668.84.

New York Chrysler Ford General Motors Philips Petroleum Amerada Great A&p Atlas Corp Paramount Boeing Douglas Gillette U. S IBM Southern Pacific American Tobacco Union Carbide Baltimore & Ohio Sperry Rand General Electric Woolworth Dan Rio Mills DuPont Goodrich Goodyear T&r Greyhound Gulf Oil Corp Int Paper Int Tel & Tel Kayser-Roth Liggett & Myers Lockh Air Lorillard P Martin-Marietta McLean Trk Monsanto Monty Ward Motorola Nat Biscuit Nat Dairy Pd Nat! Distillers Ste NY Central North West Penney J C Phillips Petr Adams Millis Allied Pittsburgh Radio Corp Am Can Co Enka Reynolds Tob Am Motors Sears Roebuck Sou Railway Atch T&sf Sperry Corp Atl Coast Line Std Brands Atl Refining Std Oil Calif Avco C Oil NJ Balt & O Stevens JP Bendix Corp Texaco Inc Beth Stl Textron Inc Boeing Air Union Bag Borden Co UN Carbide Bur! Ind Union Pac Burroughs Corp United Airlines Caro P &L United Aircr United Fruit Celanese Corp US Rubber P&f Ches & Ohio Va-Caro Chem Va el & Pow Coca-Cola Agi P&p Columbia G&e Western Md West Union Westing el Winn-Dixie Zenith

Kennedy press exchanges eyed for open quotation format

Colburn questioned the myth of highest authority after Ken nedy echoed remarks in a Palm Beach interview two weeks earlier. Salinger defended a backgrounder with more detail but noted breaches by organizations, risking future background briefings. Kennedy weighs TV exchanges with foreign interviewers and possible on the record news conferences.

Kennedy

Hosiery Firm Buys Plant to Expand Operations

K & D Hosiery Inc of Bethel Avenue will move to the former Micro-Products Co. building at 1107 Tate St to expand. The seamless hosiery maker, which began local operations last January with 17 workers, plans to raise employment to about 35 and install a finishing room with added packaging and distribution. The 21,000 square foot building sold for over $80,000. K & K Realty Co. Inc. was the purchaser.

K & D Hosiery, Inc Bethel Avenue Micro-Products Co Tate St Adolf Kronemer K & D Hosiery Inc Phil Clarke Chamber of Commerce High Point Jack Green Idol-Green Co., Realtors K & K Realty Co., Inc

Insurance agent alleges safe driving scam in Lexington

Norman Hundley of Gastonia testified Thursday about a sales pitch under a state safe driving program to raise auto liability insurance by accepting points for speeding and other violations. He said Stafford urged concealing files from a state investigator and handed a recording to Roy Blalock, while Handley and others sold policies for Southern General Insurance Co. via Eastern Underwriters Inc.

Gastonia Norman Hundley Handley Stafford State Insurance Department Roy Blalock Southern General Insurance Co Eastern Underwriters, Inc

Black Canvas Adjudged Winner at American Painting Show

A plain black canvas titled Abstract Painting 1958 62 by New York artist Ad Reinhardt won $1000 in the 66th American Painting and Sculpture Exhibition at the Art Institute. The work received the Norman Wait Harris Silver Medal as experts noted its subtlety beyond the lay view.

Chicago New York Ad Reinhardt Art Institute Norman Wait Harris A. James Speyer

Blarney Air In Canned Form Sparks Emmetsburg Parade Talk

In Emmetsburg Iowa the Chamber of Commerce gears up for St Patrick’s Day celebrations while blarney is purportedly back in production. The orange juice cans are wrapped in green and white bunting and include a case labeled O Kennedy for the occasion though officials admit it may be blarney. The prose notes that the blarney in cans is simply air.

Emmetsburg

Planners Talk At Club Meet

The Furnitures and Kiwanis Club heard a city planning department program at Marguerite's Restaurant. Raleigh Ding sman introduced speakers Chet Jandzinski and Tom Kenner. The talk covered urban High Point needs now and over the next 20 years as part of a Pilot Plan guiding future detailed studies for a comprehensive community development.

Furnitures and Kiwanis Club Marguerite’s City Planning Department Raleigh Dingsman Chet Jandzinski Tom Kenner Planning Department High Point

Cotton Futures Open Lower in New York

New York AP reports cotton futures opened today 10 to 25 cents a bale lower than the previous close, signaling a softer start for the commodity.

New York

Kennedy signals tougher independent U S leadership abroad

President Kennedy advocates a more vigorous and independent U S stance in world affairs, risking friction with allies. He cited Congo UN efforts and India Pakistan relations as examples of pursuing U S goals despite allied dissent, marking a strong shift since alliance system began 14 years ago.

Washington Kennedy U.S Europe Palm Beach White House United States

Return Engagement Was Fatal in Laurel Hill Break-In

In Laurinburg North Carolina two escaped convicts were captured after returning to the crime scene at Pates store in Laurel Hill at 2 30 am They are Jack Hicks 30 of Scotland County and James Morgan 18 of Roanoke Rapids Also captured were Richar N Haugen 33 of Minnesota and Arnold Brodgen 34 of Lexington NC The four had escaped from a Beaufort County road gang the day before Hicks and Morgan were to be returned in March for trial on breaking into the same store last year.

Laurinburg N.C Jack Hicks Scotland County James Morgan Roanoke Rapids B. P. Lytch Richar N. Haugen Minnesota Arnold Brodgen Lexington Pate Laurel Hill Beaufort County Ioad Hicks Morgan

To Low-Rate Wife Man Burns Home

Police say William Carrell set his West Covina home ablaze after locking five children in their rooms to make his wife seem neglectful. He left, felt remorse, returned. Lois Carrell, 25, was visiting friends. none of the children aged 1 to 9 were injured. Carrell, 30, faces arson and attempted murder charges.

West Covina Calif William Carrell Lois Carrell

Dow Jones Averages at Noon Report

The Dow Jones industrious averages show slight gains by noon with the 30 industrials at 669.51 up from 668.84 at 11 am. Rails rose to 149.50 while Utilities inched to 133.30. The market volume surged from 1,200,000 at 11 to 4,520,000 by noon.

Congressional Textile Relief Sought After SC Tour

A Congressional subcommittee touring three Spartanburg area mills eyed relief legislation for the ailing American textile industry. The group led by Rep. E. C. Gathings heard industry claims of losses from cheap imports and the two price cotton system and discussed potential federal action amid slim legislative chances this session.

Spartanburg S.C Rep. E. C. Gathings D-Ark J. P. Stevens Utica-Mohawk Clemson Drayton Mills Deering-Milliken Research Laboratory South Carolina Cannon Mills Kannapolis N.C Charles A. Cannon Cannon American Textile Manufacturers Institute Myer Feldman Feldman State Department Harold D. Cooley Dn.c House Agriculture Committee Cooley Charles R. Jonas R-N.c Congress George M. Grant D-Ala Gathings Harlan Hagen D-Calif Ralph F. Beerman R-Neb Thomas Abernathy D-Miss W. R. Poage D-Tex Paul C. Jones D-Mo

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