Stock Market Hits Mixed Tone as May Steel Imports Rise
The Dow fell 3.27 to 584.83 as declines swept steels utilities and chemicals among the losers. U.S. Steel and International Nickel along with American Telephone and American Tobacco slipped about a point each while May steel imports reached the highest level in over two years and a partial rally formed then faded.
MENTIONED IN THIS ARTICLE
du Pont
U.S. Steel International Nickel
American Telephone
American Tobacco
U.S
Jury Deliberates in Sign Case After Judge Replaces Juror
Before deliberations, Judge Mallard dismissed regular juror Erastus D Williams of Rt. 4 Zebulon and seated alternates James G Weaver of Raleigh. He offered no details, saying Williams was excused for sufficient reasons. The trial featured extensive, technical state evidence.
MENTIONED IN THIS ARTICLE
Mallard
Erastus D. Williams
Rt. 4
Zebulon
James G. Weaver
Raleigh
Williams
Senate Split Over Health Plan Amendment Vote
Senate Republicans claim a majority to kill the health plan amendment while Senator Humphrey says administration needs full attendance to win. A defeat would end the proposal this session, while a victory could keep chances alive for a House vote on funding elderly care through Social Security taxes.
MENTIONED IN THIS ARTICLE
Senate
Everett M. Dirksen
Illinois
Hubert H. Humphrey
Minnesota
Congress
New Printing Firm Opening Plant Here
High Point welcomes Dorsett Printing & Lithographic Corp a new firm locating in a 7500 square foot building on North Main Street. The operation will hire about 30 workers, produce hosiery packaging with embossed seals dry transfers and lithography. Initial investment in machinery and equipment is about 100000 dollars with Francis Martocci and Victor Martocci as officers along with Lindsay Dorsett.
MENTIONED IN THIS ARTICLE
High Point
Dorsett Printing &Lithographic Corp
Lindsay Dorsett
N. Main Street
Dorsett
Francis Martocci
Victor Martocci
Industrial Lithographic Co
Phil Clarke
Chamber of Commerce
Money Stolen From File Cabinet At Millers TV
Police were notified of a burglary at Millers TV Products on Lincoln Blvd. An envelope with 1200 dollars, left for safekeeping, was taken from a filing cabinet. Entry was gained through an unlocked large door. Other break ins reported include Biltmore Barber Shop where a window fan and damaged lock were noted, Petty Shoe Shop with nothing missing, and Newton's Gulf service station where items were found behind the building.
MENTIONED IN THIS ARTICLE
Millers T. V. Products
Lincoln Blvd
Roy Watts
Biltmore
Watts
E. Wasington
Cotton futures fall at New York open
Cotton futures opened lower in New York with declines of 15 to 45 cents a bale from the prior close. Noon prices showed losses of 30 cents to 1.05 dollars per bale. Trade quotes placed Oct at 33.65, Dec at 33.78, and Mar at 34.05.
MENTIONED IN THIS ARTICLE
New York
Mayanette Eee
Jly Seeneneee
Three Men Convicted Of Forgery In Guilford County Courts
Three men Oscar Malloy Bill Williams and Willie Lee Kirk were convicted of forgery and related offenses in a Guilford County Superior Court session led by Judge Frank Armstrong. Williams received two to five years for breaking and entering and forging papers with a five year suspended sentence. Malloy and Kirk got two to five years each for uttering forged papers with Kirk having a five year suspended term pending good behavior.
MENTIONED IN THIS ARTICLE
Frank Armstrong
High Point
Guilford County Superior Court
Oscar Malloy
Bill Williams
Willie Lee Kirk
Williams
E. High Street
B and K Builders
N. Hamilton Street
Ttwo
E. Washington Street
Kivett Drive
J. R. Blackman
Malloy
Kirk
Over Counter Stocks Bid and Asked Prices Noted
Unofficial guide from Securities Dealers Inc and others compiles bid and asked ranges as of July 17 1962. Quotations are unofficial and not actual transactions with origin available on request.
MENTIONED IN THIS ARTICLE
Securities Dealers, Inc
National Association of
Power Cutoff Planned in West High Point Area
The city utility department announced a one hour power cutoff in western High Point tomorrow from 1 30 to 2 30 p m. The bordered area includes Westchester Coun t age Drive and Coventry to switch from a 4160 volt system to a new 12000 volt system.
MENTIONED IN THIS ARTICLE
High Point
Westchester
Count
Heat Wave Breaks as Cooler Air Arrives in North Carolina
Two days of extreme heat eased when cooler air moved in from the north across North Carolina. Charlotte and Fayetteville hit 98, Raleigh and Wilmington 95, Ashe County 87, with violent storms in Forsyth and Lincoln counties. A wind gust of 115 mph at Forsyth's Thruway set a state record. Tro ys storm uprooted trees and started fires including a rug factory blaze at A Leon Capel & Sons. Union Grammar School losses were blamed on a lightning strike.
MENTIONED IN THIS ARTICLE
Charlotte
Fayetteville
Raleigh
Wilmington
Asheville
Forsyth County
Troy
Winston-Salem
Smith Reynolds
A. Leon Capel & Sons
Union Grammar School
Lincolnton
Morris Childers
Lincoln County Schools
Childers
County Board of Education
Northbrook
Senator's Wife Urges Space Milepost For Women
Mrs. Philip A Hart, wife of Michigan Senator, testifies before a House Space subcommittee urging opening astronaut eligibility to qualified women. She argues women can contribute to space programs and warns the Soviet Union may beat the U.S. to orbit if action lags. The 40 year old mother of eight says the notion of space as a male domain is outdated.
MENTIONED IN THIS ARTICLE
Joseph E. Mohbat
Washington
PTA
Bridge Club
Outer
Philip A. Hart
House
United States
Space Agency
Michigan
House Space
Soblen Fight Over Deportation Reaches Court
62 year old fugitive Soblen, jailed in Britain, seeks asylum as a political refugee. Lawyers press appeal to the Home Office while doctors say leukemia leaves him months to live. Icelandic? (text reduced)
MENTIONED IN THIS ARTICLE
London
U.S
James McShane
Soblen
Britain
United States
Also Mentioned on This Page
ED Morse
Firestone
AP Business
Ford Motor
Tel & Tel
Goodrich B F Saean Ie
Associated Press
Goodyear T&a
Greyhound
Rails Gulf Oil Corp
Eeeenene
Nickel
avser-Roth
I. di
Ench Geer
Liggett & Myers
Monsanto
Monty Ward
Motorola
Nat Biscuit
Nat Dairy Pd
Nat Distillers
NY Central
North West
No Am Avia
Tors
No Pacific
Param Pict
Penney JC
Pennsy RR
Pepsi-Cola
Phillips Petr
I Ebelsvarendsts
Radio Corp
Rere
Reynolds Teb
Sears Roebuck
Sou Railway
Cord Ocevane
Std Oil Calif
Std Oil Inc
Std Oil NJ Oo
Eee
Stevens J P
Texaco Inc
Textron Inc
Naumiun (Ap
BAS Os Sicen
Superior Court
United Airlines
United Aircr
United Fruit
US Rubber
Vall & Pow
P&p
Western
Raymond Mallard
West Union
Westing el
Robert A. Woolworth
Burch
Zenith Rad
Kidd Brewer
Robert M. Burch
H.P
T’ville Rd
Saint Betta
Ine
Adult Entertainment
Laurence Harvey
William Holden
Lilli Palmer
Bing Crosby
Fabian
Tuesday Weld
Nicole Maurey
Anglewood Barn Theatre
Clemmons, N. C
Music & Art Center
Newton
Gulf Service Station
Dow Jones
Bache & Co
Allied Security Ins
Allvne Metals
American Cryogenics
American Fidelity Life
Botany Industries
Colonial Stores
Drexel Enterprises
First Southern
First Union Nat. Bank
Gulf Life Ins. Coronal
Harris-Teeter Super M
Houston Corp
Intermountain Tel
Jefferson Standard
Kavanaugh-Smith
Lance, Inc
Life & Casualty
Li'l General Stores
Metrotek Electron
N. C. National Bank
Piedmont Aviation
Piedmont Nat. Gas
Public Ser. of N. C
Pyramid Life
Scottish Bank
Security L. & T. Co
Soroban Eng. Inc
Standard Motor Prod
Superior Cable
Thomasville Industr
U. S. Leasing Teen
Wachovia Bank Ween
North State Tel
North State
Actor
Maximilian Schell
Abby Mann
Stanley Peramers
Nuremberg
Istarts
Paramount
Kirk Douglas
Tony Curas
Ernest Borgnine
Janet Leigh
United Artists
de Luc
Myrtle Beach
Illion Ha
Ford Falcon Aulon Ptais
Mobil Ganda Ton
Ford Fairlane
Ford Galaxie
Limeliters
English Motor Coo
Washington & Wrenn Streets
High Point, N. C
THE
Nash Jewelry
N. Main St
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