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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 12 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 23, 1958

Page

9

Stocks Drift With Mixed Halts On Midday Markets

Stock market activity eased after a choppy opening as leading issues fell from fractional to about a point. Detroit Steel declined on a report that a first quarter dividend action may be deferred. Youngstown Sheet dropped about a point while many others posted fractional losses. Sunshine Mining rose about a point, Boeing gained, and several majors like Du Pont Ford and Montgomery Ward held steady amid mixed quotes from Bache & Co and a list of prominent firms with varied fractional moves.

Pee Detroit Steel Youngstown Sheet Bethlehem International Harvester Douglas Aircraft American Cyanamid Southern Railway Paramount Eastern Air Lines Sunshine Mining Boeing du Pont, Ford Montgomery Ward Bache & Co American Can Co Allied Chemical & Dye Adams-Millis Corp American Tobacco Co Bethlehem Steel Burlington Mills Chrysler Corp New York Central AR Cone Mills Corp

Programs Tested For Gifted Students In Glendale

In Glendale California a Sputnik era pilot tests fast tracking gifted students. Twenty five high school seniors will take Glendale College freshman courses in math science English history or psychology starting February 3 before returning to Hoover and Glendale high schools for senior level work. If successful the program may expand to more students. The district describes the efforts as urgent to cultivate scientists and leaders. Advanced classes group capable learners in algebra science and English at junior and senior high levels to accelerate achievement.

Glendale Calif Glendale College Hoover James H. Williams Williams

Democrats Attack the Policies of Eisenhower Budget War

Senate Democrats prepared to attack President Eisenhower s spending and monetary policies in a House Economic Committee hearing next week. Senator O Mahoney questioned how to pay interest on a proposed five billion dollar debt increase while cutting wealth producing projects. Senator Douglas urged steps to create a confident business climate, noting the Fed rate cut to 2 1 2 percent.

Washington Senate Democrats Eisenhower Sen. O'Mahoney D-Wye Senate House Economic Committee O'Mahoney Sen Douglas D-Ill Federal Reserve System Federal Reserve Board Philadelphia Reserve Bank

Gaillard Wins Confidence Vote In French Assembly

In Paris the National Assembly backed Premier Felix Gaillard with a 343 to 224 confidence vote after two days of debate on foreign affairs. Christian Pineau urged arms with ballistic missiles, while France pressed for veto rights on any NATO base deployment. Gaillard claimed Algeria’s three year conflict is nearly resolved, and criticized Tunisian support for rebels.

Paris National Assembly Felix Gaillard Christian Pineau France Pineau U.S NATO Gaillard Soviet Union

PTA Allocates Funds for Alfred J Griffin School Projects

In January the Alfred J Griffin School PTA approved funds for a 10 room addition shrubbery 150 dollars instrument purchases totaling 600 dollars Bible teaching and city schools program 25 dollars each N C Symphony concert for pupils 25 dollars Girl Scouts summer camp 60 dollars and a 100 dollar U S Stamp and Bonds Saving program for pupils. A Civil Defense program followed with a Pattern for Survival film and discussion.

Alfred J. Griffin PTA N. C. Symphony Orchestra U. S High Point George Spinnett Henry Talmadge Carter PTA i C. E. Yokely

Dow Jones Averages Reported By Bache Co

Financial markers show Industrials closing around 445.70 and Utilities at 71.06 with volume about 2.39 million shares. Prev noon and 1 p.m. readings noted, including Rail and Block group figures.

Bache & Co

Club Insurance Stocks Rise Noted by Local Authority

Howard Holderness president of Jefferson Life Insurance Co. spoke to Civitans Tuesday night on booming life insurance. He cited a sharp rise since 1940, with his firm matching national growth and doubling benefits in 17 years. In 1955 North Carolina held about seven billion dollars in force.

Civitans Howard Holderness Jefferson Life Insurance Co Greensboro North Carolina Jefferson Ed Halland Wiley Beasley Harold Golden John Kitteridge Robert Fountain P. L. Smith Harry Beck Ben Witherington Raeford Nor

Real Estate Transfers in High Point Township and Jamestown

A stream of Realty Transfers records numerous transfers in High Point Township and Jamestown Township. Listings include E E Younts Inc to James Burrell and wife on Radford Street Lot 20, James E Price to Thomas R Miller and wife through 61 and five lots in Mofftt Heights, and multiple exchanges involving properties on Baker Avenue Golfcrest and Ellwood Heights among others.

High Point Township E. E. Younts Inc James Burrell Radford Street J. C. Elliott James E. Price Thomas R. Miller Moftt Heights Dallas S. Ring Bobby R. Laws Lewis Motor Co. Inc Jack C. Jones Countrysides Drive Meek McGill P. Hunter Dalton Jr J. C J. Butler Virgil J C. Elliot Vernon R. Fulp Albert E. Lee Duncan Golfcrest D. S. Hedgecock M. H. Simmons Hayworth Springs Kavanagh-Smith & Co William L. Ketison Ellwood Heights Willem J. Kellson Larkin Street W. T. Kennedy Jo Eg Hester T. Y. Hamilton Ellen Cecil C. W. Kirkmane Clinard Avenue Jamestown W. H. Sapp Lloyd Lees Dare

Falling Grate Sparks Fire at Fourth Street House

A grate fell from a fireplace at 307 Fourth St. causing slight fire damage yesterday. The small blaze scorched a floor section before firefighters arrived at 10 30 a m. Occupant Herman Spears was reported in the residence.

Fourth Street Fourth St Herman Spears

Venezuela Overthrows President Perez Jimenez After Riots

After New Year’s Day air force revolt and student protests, Perez Jimenez is forced from power amid a general strike and street clashes. Violence spreads as hospitals fill and property burns. younger officers join civilians in a final push against the regime.

Gener State Department Perez Jimenez Laureano Vallenilla Sanz Maracay Pace

Fifteen Sent To Charlotte Via Draft

Fifteen local youths were sent to the Charlotte induction station as late registrants. The list includes David H. Sheppard and Roger Lee Tate among others. They will be inducted and assigned after pre induction physicals.

Charlotte Ethel Kirkman David H. Sheppard Roger Lee Tate Allen Gray Jr Marvin Harold Stutts James Henry Fowler Jim Carlton Hall John Buford Petty Johnny Will Jackson Henry Leon Jones Samuel Edward Craughn Donald Ray Green Larry Rodgers Penny Everette Hampton Hacker Jr Thomas Benton Henry Lee Moffitt Kirkman

Furniture ad clinic to aid retailers’ merchandising plans

The National Retail Furniture Association sponsors an advertising and sales promotion clinic here today and tomorrow to help retailers maintain profit margins this year. The clinic is led by John Lennon.

National Retail Furniture Association John Lennon

Also Mentioned on This Page

Carolina Light & Power DuPont de Nemours Dow Chemical Eastern Airlines Consolidated Edison Eastman Kodak Greyhound Corp General Dynamics General Electric Gulf Oil General Motors Goodyear Tire & Rubber Harvester International Tel Standard Oil Co Jones Laughlin Steel Johns Manville Loew's Inc Norfolk & Western Rwy Phillips Petroleum Pennsylvania Railway Pepsi-Cola Proctor & Gamble Reynolds Tobacco Republic Steel Sears Roebuck Southern Ray J. P.stevens Co American Tel. & Tel the Texas Co Union Carbide & Carbon United Aircraft Corp Westinghouse Electric Co U. S. Steel Youngstown Sheet & Tube F. W. Woolworth Co Colored News Griffin School HPN and I Club Hpn&i Club L. E. McDonnell G. E. Stanton Leonard St Dow-Jones New York Givatédadbees Zett N. Main Yu Pooh Goodyear Steel NUT OR Candy Server Ares Goodfyear Service Store English Street Mit
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