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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 24, 1958
Page
5
New York stocks lagged early gains in a moderate session with copper shares advancing into a third straight session while many other sectors drifted. Even as some blue chips held or posted small gains, losses grew for chemicals aircrafts and several industrials as profit taking appeared and the Dow-style indicators showed mixed, uneven movement.
In a broad discussion, Walter Darwin Teague and others critique deliberate obsolescence as wasteful yet profitable. The piece notes fashion, appliances, and office goods push newer models yearly to boost sales, while Teague argues for better design, longevity, and value.
The Dow Jones Averages show 12 noon and 1 pm figures with sectors listed. Industrials around 462.10 at close, Utilities near 100, Stocks about 153.50, volume totals reported for the day.
Senate discussion centers on rapid tax cuts versus public works as lawmakers argue over timing and size of tax relief. Some push for immediate action to spur recovery while others warn a deficit or inflation risk. Several senators oppose delay while others caution patience until economy shows clearer signs.
Miguel Angel, 28, a rising Mexican bullfighter, was reported in serious condition after being gored by a charging bull in Nogales Sonora Assistants rushed to divert the animal as Angel was carried to safety He had previous goring incidents in 1954 in Spain and 1955 in Monterrey.
A Senate committee proposed five points to curb union power and misused funds. Recommendations include safeguards for health and welfare funds, democracy within unions, and penalties for middlemen, with states taking over when the NLRB declines jurisdiction. Secretary Mitchell linked the proposals to Eisenhower plans.
In Gallipolis West Virginia a farmer found 5 year old John Wayne McKinney dead in a pasture two miles from his home. Coroner Oliver Ashenaur said the death was due to exposure with no evidence of foul play. Up to 1000 searchers including National Guardsmen and college students had joined the hunt since Monday.
Providence Rhode Island Juvenile Court Judge Francis J McCabe says he has seen no evidence that pornographic literature and girlie magazines cause juvenile delinquency He cites poverty emotional problems and physical and psychological factors as contributors He also calls for pornographic materials to be eliminated after addressing root causes
AP reporter John Griffin and two colleagues reach Pra pat North Sumatra amid Jakarta government pursuit of Medan rebels. They describe front lines unclear, rebel troops with ribbons and tiger insignia, and a deceptive welcome as troops claim control of the lakeside town before allowing passage to the front.
About four hundred firefighters conducted an educational burn exercise in a 100 year old two story house near Naperville. They set 14 separate fires in each room then extinguished them within a minute. Fire Chief Joseph Weigand oversaw the operation from a nearby post as hundreds watched and the test used varied methods including fog and screen nozzles.
Pandora is described as the first woman created by the gods in Greek myth. Her story explains the origins of human curiosity and the opening of a forbidden box that released hardships into the world.
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