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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 01, 1957
Page
2
At 1 p.m. Havey Industries shares rose about 11 points while Kennecott and Anaconda showed fractional gains and American Smelting moved up slightly as market data from Bache & Go. circulated through High Point.
SAM DAWSON weighs the impact of rising steel costs on inflation across sectors including steel, aluminum, oil and autos. He notes price-wage hikes and contracts may push costs to consumers, as manufacturers pass higher bills along when competition allows.
Russian scientists first reported a solar flare three days after it erupted, triggering alerts to IGY stations worldwide. The flare prompted global warnings and preparations as both Russia and the United States planned to launch earth satellites to study space. The President emphasized the IGY showing scientific capability and international cooperation.
Cotton futures opened unchanged to 20 cents higher in New York with traders awaiting early data while producers monitor raw demand signals and cotton prices hold near session Open.
In Los Angeles the Nor mandade Avenue Methodist Church resigns all active members and trustees in protest of a Negro pastor appointment. Board chair J H Seal says N Burlin 72 was appointed without board or parish consent. He and others moved church furnishings to former pastor Rev John W Grande, now near El Monte. Seal cites policy against mixing races. Bishop Kennedy had appointed Rev Higgins.
Storm drenches the southern coast as Aud rey and a 20 foot Gulf wave flood fields and towns. Tens of thousands of cattle perish from heat and flood. Val Peterson reports a grave health risk from decaying bodies and animals, with agencies mobilizing for mass burial.
A luncheon honored Gov. Hodges as Holland American lines announced Morehead City will host a monthly stop for its transocean ships aboard the M S Kinderdyck. Officials from the Conservation and Development Department attended the summer meeting and welcomed the move as spurring import and export business for the port.
Rep. Fountain announces regional hearings on division of responsibilities between states and the federal government. He cites questionnaire responses from governors and officials showing limited support for major transfers of federally funded programs to states.
The Associated Press reports at least 18 deaths across North Carolina over the weekend. Victims include: 10-year-old Janet Sue Wilcox in a rollover near Morganton. 15-year-old William Douglas Hazelwood in Cove. 22-year-old Walter Harold Boyd near Morganton. 3% month-old Karen Lynne Batchelor in a collision near Nashville. and 2 infants in separate highway crashes. Also fatal accidents claim James Edward Lee of Orlando. Carol Bruce Mobley’s 6-year-old son injured near Gastonia. 45-year-old Hamilton Stacey Asbury near Mabel. 70-year-old Herman Scott in Swansboro harbor. and others including a drowning, a house fire death, a murder charge against Dorotha Walker Stitt, and a train collision death near Chadbourn.
Wednesday noon is the deadline for entries in the North Carolina closed junior tennis tournament opening Thursday in Greensboro. No defending champions in the junior division will return. Play runs in nine divisions and ends Sunday.
Advice on selecting shampoos focuses on mild formulas that do not sting the scalp. Most brands label products as for dry oily or normal hair and shoppers should prioritize gentleness over specific claims.
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