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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 03, 1958
Page
5
New York trading moved higher in fairly active session with chemicals and rails leading gains while tobaccos softened awaiting a health report next week. Most key stocks gained fractions to about a point as secondary issues rose and tobacco losses deepened.
The market mixed tobacco names with nervous trading ahead of an London report by an American scientist. American Tobacco declined about 2 percent as U S Tobacco fell a sizable fraction and Lorillard dropped over one point in heavy volume. Armour and Hooker Chemical showed brisk moves while Standard Oil New Jersey and Humble Oil spiked and corrected. 1 p.m. quotes from Bache & Co. show mixed percentage changes across major issues.
SAM DAWSON notes six familiar slogans seem altered by modern policy and global events. The piece contrasts past beliefs with current U S defense spending, trade regulation, consumer protections, tax law, and foreign involvements, arguing slogans no longer fit today’s government role.
The Dow Jones Averages show slight movement with 470.08 at noon and 470.94 at 1 p.m. after Bache & Co. reporting. Trading details remain unclear but indicate a steady session.
Governor Hodges defended election integrity after a disputed Bedford County race recount. He urged elections boards to ensure proper conduct and accurate ballot counts while saying counties should fund voting machines, with possible state help in the future.
In Abilene Texas the Rev Bob Jackson and his Dyess AFB neighborhood faced growing jet noise. An informal accord allowed mass takeoffs during emergencies, but 27 jets interrupted a revival, prompting the church to plan a new building three miles from the runway.
Forecast for North Carolina Georgia and South Carolina with partly cloudy skies. Warm and humid conditions linger through tonight and Friday. Mountain highs 85 to 90, elsewhere near 90. Lows 60 to 65 in mountains and around 70 elsewhere. Georgia highs 88 to 92, lows 65 to 72. South Carolina highs 86 to 90, lows 66 to 72.
Goldfine acknowledged gifts to Adams in a statement released last night as a congressional subcommittee prepared to question him under oath. He said the accounts department, not he, prepared the tax returns and promised to adjust any mistakes if the IRS finds fault.
Defending champion Althea Gibson of New York crushed Ann Haydon of Britain 6 2 6 0 to advance to the Wimbledon women s singles final in London.
A school board criticizes statements about student origins as an added burden. Cited influx of white and Negro children and Puerto Rican students drawn from the South and Puerto Rico. Abred Benesch says the remarks do not reflect the board, rejecting second-class citizens. Puerto Rican NEA delegates also oppose Jamison's view.
Washington AP Bishop G Bromley Oxnam denounces political figures who vow to uphold the Constitution yet back efforts denying Negro voting rights. He brands the Ku Klux Klan as un American and un Christian and urges Methodism to lead a tide toward racial integration while noting progress will take time.
Lynn Heyburn, 22, sues General Rafael Trujillo Jr and others in Los Angeles alleging she was dunked in a hotel pool by Trujillo and the Rubirosa brothers with no cause. She seeks 10000 dollars for alleged injuries and humiliation from the incident last April.
North Carolina records show road defects caused only about one percent of fatal auto accidents in 1956. The statewide analysis highlights driving errors and weather as more common factors, with motorists urged to exercise caution on highways.
Evangelist Billy Graham will pay $800 a day to use Charlotte's city owned Coliseum for his hometown crusade next fall. A Bessemer City woman urged Mayor James Smith to reconsider the high fee, noting the windstorm that damaged the arena and suggesting the Lord might blow it away again.
In Little Rock Arkansas Carl Marshall a contractor ran a classified notice asking for the rest of a trailer after reporting theft of two truck tires tubes wheel and hub. The ad seeks information about the missing trailer parts and implies the thief might be willing to return the rest.
A short Reader's Digest feature presents a Baylor University developed quick scientific test to reveal personalities not to prove right or wrong. It offers self insight and can be used at parties on guests. Available at newsstands in July.
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