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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 06, 1954
Page
5
The New York stock market advanced to new peak levels for the week ended, with the Associated Press average of 60 stocks climbing to a fresh high not seen since October 25, 1929. Despite occasional pauses, the market continued its gradual ascent from mid September aided by rising government bonds and a holiday-shortened week.
Arthur Merins reports U S government securities rallied this week after price softness. Treasury 30 year 3s traded near 9 632 bid OTC with renewed institutional interest. 2 1/4s of 1961 rose 10 32 at 101 bid and new 1s of 1959 advanced 2 32 at 100 bid.
William Reed was executed at Eddyville State Penitentiary after nearly five years in the death house for murdering his common law wife Louise Young. The 45 year old Louisville man was the longest serving in the death cell since his conviction on December 8, 1948 and arrival January 29, 1949. Connecticut officials say birth records are the most complete among 48 states.
Flex-O-Lators Inc. begins making insulators and edge rolls in High Point after expanding from Carthage and New Castle. The High Point Chamber of Commerce, led by Phil Clarke, helped acquire 30,000 square feet of space since October 1952. The plant employs fewer than 10 now, with plans for growth as demand in southern furniture rises.
A Guilford Connecticut house known as the Black House was painted black by a French refugee after he learned of Louis XVI’s execution. The event appears in a historical note describing the painter's reaction to the 1793 tragedy.
The Daniel Boone Theatre grounds open to the public with barbed wire removed and grounds beautified. Picnickers are invited to use the area with water and restrooms available. The grounds boast blooming flame azaleas and rhododendrons expected to peak around June 10. Horn in the West opens its third summer season June 25 through Sept 6, drawing many visitors before opening. The outdoor theatre sits five miles from the Blue Ridge Parkway via U S 321 or six miles via U S 421.
President Eisenhower and Mrs. Eisenhower arrived at Catoctin Mountain lodge Camp David for a weekend of rest. They planned to drive to nearby Gettysburg Pennsylvania to inspect progress on a farm home remodel on the Civil War battlefield and prepare for retirement after the White House tenure.
The Krag Jorgenson rifle served the United States Army through the late 19th century and was replaced by the Springfield in 1904. Salt ocean water is heavier than fresh water and can travel far upstream along river bottoms.
Buffalo Bill lies buried in a tomb blasted from solid rock on Lookout Mountain near Golden Colorado. The Hawaiian Islands supply one fourth of all sugar produced under the American flag.
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