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High Point Enterprise in High Point, North Carolina

10 Jun 1959

Page 3

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High Point Enterprise June 10, 1959 Page 3 old newspaper archives

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jun 10, 1959

Page

3

Stock Market Streak Lifts Greyhound Group Shares

The Greyhound Corp market staged a strong afternoon comeback with broad gains among major issues. Stocks rose on many fronts, with several firms advancing more than 2 points including General Dynamics General Electric Gulf Oil General Motors and others, led by Dow Jones data.

MENTIONED IN THIS ARTICLE

St New York Greyhound Corp General Dynamics General Electric Gulf Oil General Motors Goodyear Tire & Rubber International Harvester International Tel Standard Oil Co Jones Laughlin Steel Manville Loew’s Inc Bache & Co Chrysler Corp New York Central RR Cone Mills Corp Carolina Light & Power Douglas Aircraft DuPont de Nemours Dow Chemical Eastern Airlines Consolidated Edison Eastman Kodak Norfolk & Western Phillips Petroleum Pennsylvania Railway Pepsi-Cola Procter & Gamble Reynolds Tobacco Republic Steel Sears Roebuck Southern Rwy J. P. Stevens Co American Tel. & Tel the Texas Co Union Carbide & Carbon United Aircraft Corp Westinghouse Electric Co U. S. Steel Youngstown Sheet & Tube F. W. Woolworth Co
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Dollar cost averaging as steady path to stock wealth

The piece argues regular, emotion free investing builds wealth over time. It touts dollar cost averaging, buying fixed sums at intervals, regardless of market highs or lows, to accumulate more shares when prices dip and fewer when they rise. It compares stock buying to steady gas purchases and emphasizes long term discipline with names like Standard Oil of N. J. and Union Pacific.

MENTIONED IN THIS ARTICLE

Middle East Chicago Standard Oil N. J American Cyanamid Union Pacific Railroad American
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Dow Jones Averages Report Furnished by Bache Co

The Dow Jones averages at noon show the industrials around 625 44, rails near 162 20, utilities about 86 01, and a broad 30 stock index around 20 19 with trading volume listed as 830000 to 1930000 shares. Market figures reflect midday levels for the stock market summary.

MENTIONED IN THIS ARTICLE

Bache & Co
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Liberace Libel Case Defense Denies Homosexual Implication

London based trial over columnist William Neil Connor known as Cassandra contends he did not imply Liberace is homosexual. Defense insists statements were true or fair comment and cover Liberace's performance range while Connor asserts his remarks referred to artistic technique.

MENTIONED IN THIS ARTICLE

London Daily Mirror Liberace William Neil Connor Connor Cassandra Britain Entertainment World Mirror Gerald Gardiner Royal Armored Corps
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Retirement funds vs mutual funds discussed in poker chat

The speaker cautions prudent investing for retirement while noting activities like low stake poker or a track win window as distractions. Tomorrow promises a pro and con look at mutual funds and their role in easing retirement comfort.

MENTIONED IN THIS ARTICLE

Chicle U. S. Steel But & Works
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Also Mentioned on This Page

Dow-Jones NEW York Doan Harllee Danita Dana Weathertron Zett Mate St Pantie Holly Ngop Adsarele Pantie Girdle Faberge Man About Town Aphrodesia Woodhue Father
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