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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 11 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 28, 1956

Page

2

Mixed Stock Market After Earlier Decline In Steels

New York stocks opened mixed and more active with steel shares leading early weakness after a failed strike compromise. Bethlehem declined about a point, while Aluminum and Kaiser Aluminum rose sharply. United Aircraft and Boe steadied gains, and the AP average for 60 issues fell about 20 cents at noon.

New York Bethlehem Republic Youngstown Sheet & Tube U.S. Steel Aluminium Ltd Kaiser Aluminum Boe United Aircrafts Tone Motors White Motor Robert Gair Continental Can Continental Car New York Central Southern Railway Associated Press Rev. Bache & Company American Can Co Allied Chemical & Dye Adams-Millis Corp American Tobacco Co Tbs Dee Seteueeenreeeay Bethlehem Steel Pennsylvania Railway Consolidated Edison Eastman Kodak Procter & Gamble Greyhound Cory Reynolds Tobacco General Dynamics Republic Steel General Electric Sears Roebuck Gulf J. P. Stevens Co General Motors American Tel. & Tel Goodyear Tire & Rubber Zuta the Texas Co. International Harvester Union Carbide & Carbon International Tel. & Tel United Aircraft Standard Oil Co. Westin Jones Laughlin Steel Co Electric Co Johns Man Loew's Inc F. W. Woolworth

Dow Jones Averages Summary from Bache & Co

The Dow Jones averages show mixed readings with industrial at 67.21 and rail at 178.70 while utilities stand around 1RT on 65 stocks. Trading volume ranges from 750,000 to 2,090,000 shares across listed readings.

Bache & Co Aarst

Cautious Business Tone Amid Mixed Economic Signs

National economy shows cautious recovery with autos and farm machinery still fragile. Industry uncertainty, steel strikes, price shifts, and politics loom as agriculture stabilizes. California enjoys booming aircraft and electronics while Michigan faces high unemployment. total output near 400 billion dollars, personal income about 317 billion, retail up except for autos and farm equipment.

California Ae. Ogre Ee Gory

Governors discuss a united moderate platform for Democratic victory

The group favored a consensus platform to unite the party for November. Governors considered meeting before Chicago to align positions and broaden support among party officials and potential candidates. They criticized federal aid for schools and urged Congress to clarify federal versus state authority over antisedition laws.

Democratic Party Faubus Chicago Timmerman Eisenhower White House Ence Supreme Court Congress

Non-support Case Filed By Police In Thomasville

Carvin H. Dellinger forty four, of High Point address Atlantic States Motor Lines, was arrested at 5 p m yesterday on a wife Sarah's complaint charged with non support. Warrant says he has failed to provide adequate support since January 1 this year. Free on three hundred dollar bond, he is set to appear in Recorder s Court on June 29 for a hearing. Four persons cited for speeding yesterday.

Thomasville Carvin H. Dellinger Atlantic States Motor Lines High Point Sarah Dellinger Recorder's Court

Beauties Face Busy Schedule for Miss North Carolina Pageant

A dozen or so contestants gather in Nags Head to compete for Miss North Carolina. Their agenda includes a swimming party breakfast hunt and a dance plus tonight's rehearsal ahead of tomorrow's pageant.

Nic Aire

Industry outlook hints at 45 billion construction total

Construction totals near 45 billion for the year, topping 43 billion last year. Industrial output holds above year ago despite autos drop. Steel may slow after a record 117 million tons. oilmen in California forecast a five percent rise in demand and production. Coal finds European demand. steel mills buoyed by strong markets. Confidence remains strong despite near-term questions.

California Europe

Fidelity Bank to Merge with Wachovia in Durham

Directors of Wachovia Bank and Trust Company and the Fidelity Bank of Durham approved the merger unanimously. Stockholders will vote July 26. Wachovia president John F. Watlington Jr praised the plan, saying it will bring substantial benefits to Durham and North Carolina with Wachovia's resources and services.

Wachovia Bank and Trust Company Fidelity Bank of Durham J. Roscoe Adams Wachovia Fidelity John F. Watlington Jr Watlington Durham Fidelity Bank North Carolina Durham Et Ilina High Wachovia Wilmington Winston-Salem Opan Duram

OES Chapters Schedule Bus, Meeting in Madison

White Rose Chapter 157 has chartered a bus to the district meeting in Madison on June 30. The bus departs William Penn High School at 7 30 a.m. Saturday. Gardenia Chapter 6 meets tonight at 8 at the Odd Fellows Hall.

White Rose Chapter The Order of the Eastern Star Lodge Madison William Penn High School Gardenia OES Odd Fellows Hall

Methodist Conference Debates Race Relations Report

The North Carolina Conference of the Methodist Church debated a report on race relations and approved plans to fund Louisburg College while considering expansion to senior colleges in Rocky Mount and Fayetteville. The drive includes 450000 for Louisburg with conditions on town funds and a government loan for a cafeteria.

Greenville N.C North Carolina Methodist Church Board of Social and Economic Relations General Conference Atlas Louisburg College Rocky Mount Fayetteville Louisburg Goldsboro Western North Carolina Conference Board of Education E. B. Fisher Raleigh, T Co Commission On World Service and Finance J. D. Gibson Jr Gibson W. Jasper Smith Bethel Smith Methodist A. C. Edwards Hookerton Betteville Roy Turnage Jr Ayden Cecil W. Robbins President College Finance Commission

Youth Admits Theft of Cash

A 9 year old boy was taken by city detectives after confessing to stealing $10 from the kitchen cabinet of Mrs. Josie Lovette at 111 Hoskins Street. He spent all but $4 and gave that amount to his mother. the boy's name was withheld due to age.

Josie Lovette Hoskins St

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