Stock Market Dips in Quiet New York Trading
The AP average of 50 stocks at noon fell .40 to 2427.90 as most sectors moved lower. Dow Jones index stood at 684.12 after a 47 point drop, with only a few issues gaining in late morning trading.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 18, 1961
Page
1
The AP average of 50 stocks at noon fell .40 to 2427.90 as most sectors moved lower. Dow Jones index stood at 684.12 after a 47 point drop, with only a few issues gaining in late morning trading.
Charlotte board faces mass walkout as about four black students protest desegregation actions at Harding High and Zeb Vance designation. The board says Harding and Zeb Vance decisions will stand while 14 of 35 black transfer requests are denied and six more remain under study, pending further committee review.
Mrs. Norma Weatherly wife of William Weatherly of Asbill Street was injured around noon today when she stepped from between two cars stopped in a traffic lane on Main Street into moving traffic near a pedestrian crosswalk. She was taken by ambulance to Memorial Hospital for head injuries. The driver identified by police is Bryan Martin Howerton 72 of Rt 2 High Point. It was not immediately clear if Mrs. Weatherly was crossing the crosswalk.
NASA postponed the space operation citing cloud cover attributed to an easterly wave moving across the Caribbean for the past three or four days. Ground reports from the Tiros satellite supported the decision as multiple cloud layers persisted over the area.
The Vienna talks on June 4 saw tense warnings that East Germany plans a separate peace with the Soviet allies by year end. Such move could prompt Berlin access disputes and fuel fears of a broader takeover, while the U S note asserts rights to stay in Berlin and maintain access.
Mrs Mamie King Saunders 70 of 425 High St Draper died at 4 20 am in Morehead Memorial Hospital Leaksville after six days as patient following 13 months ill health. Born June 12 1891 in Rockingham County she was a daughter of the late Alexander and Alice Pryor King. She was a member of First Methodist Church. Surviving are husband J W Saunders one son J Early Saunders of Draper six daughters Mrs Robert Hall Danville VA Mrs Larry Stultz Mrs Ed Burnette and Mrs Sidney Cruise all of Draper Mrs Hazel Webster Miami FL and Mrs Ernest Page High Point two brothers Joe King Reidsville and Robert King Draper four sisters Mrs J R McAllister and Mrs W B Sheffield both of Reidsville Mrs Gordon Jennings Memphis Tenn and Mrs R J Saunders Draper 15 grandchildren and 19 great grandchildren. Funeral at 4 pm Wednesday in First Methodist Church by Rev W A Rock Jr. Burial Mt Carmel Methodist Church Cemetery Rt 3 Reidsville. Body at Fair Funeral Home until hour prior to service.
North Carolina Governor Terry Sanford urged in Columbia that the South can rise again through universal quality education starting in public schools. He warned against complacency and said the region must expand and improve schools as a national cornerstone. Dr. Robert Sumwalt of the University of South Carolina commented on ongoing debates and the need for continued rigorous inquiry.
In a Summer term session at the High Point Superior Court, James Joseph Frank faced trial, while John Spencer testified that he acted in self defense during a May 27 pool hall fight that left Henry Reddick with a six inch chest wound. Spencer received a 12 month sentence suspended on a $50 fine and court costs, with three quarters of the fine directed to Reddick for hospital costs.
New York AP reports cotton futures opened higher than the prior close with unofficial bid and ask ranges. The listing includes many securities and local notes about a Texas oil field fire and a large school explosion near East Texas, with varied prices and sources noted.
Demands of industry and the professions have created needs for more education. The statement highlights pressures for updated curricula and expanded programs to prepare workers for evolving technical and professional roles.
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