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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 15 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

May 05, 1958

Page

8

Stock Market Mixed In Early Trading In 1958 Highs

New York stock trading opened with a narrow mix as gains and losses stayed within a point. Aircraft shares edged higher while rails declined and United Aircraft, Lockheed, and Boeing posted small gains. Dow Jones average stood around 168.30, with industrials flat and utilities down.

New York United Aircraft Lockheed Boeing Bache & Co American Can Co Allied Chemical & Adams-Mills Corp American Tobacco Co Bethlehem Steel Burlington Mills Chrysler Corp New York Central RA Cone Mills Corp Carolina Light & Power Douglas Aircraft DuPont de Nemours Dow Chemical Eastern Airlines Consolidated Edison Eastman Kodak Greyhound General Dynamics General Electric Gulf Oil General Motors Goodyear Tire & Rubber International Harvester International Tel Standard Oil Co Jones Laughlin Steel Johns Manville Loew's Inc Phillips Petroleum Pennsylvania Railway Pepsi - Cola Procter & Gamble Reynolds Tobacco Republic Steel Sears Roebuck Southern Rwy J. P. Stevens Co American Tel the Texas Co Union Carbide & Carbon United Aircraft Corp Westinghouse Electric Co U. S. Steel Youngstown Sheet & Tube F. W. Woolworth Co

Dow Jones Averages Mixed as Industrials Decline

The Dow Jones averages show varying movement with the industrials slipping while rail and utility indices hold steady. Bache & Co. furnishes the figures with rail readings around 112.05 to 112.27 and utilities near 158.36 to 158.56.

Bache & Co

Jordan Takes Senate Oath In North Carolina Family Ties

Former WWI veteran and textile mill hand turned plant superintendent and crane of a 300 acre Alamance County farm joins Senate oath. Attending relatives include Duke University VP Charles Jordan and Dr Henry Jordan, with sisters Katharine McLean and May McLean among others.

Henry Jordan Alamance County Charles Jordan Duke University Durham N.C Frank Jordan First Methodist Church Thomasville Cedar

Robbery Sentencing Set Today in Lake View Case

Kenney Leighton Hester faces sentencing for the April 9 robbery of the Lake View Cash Depository, which netted $4,837. Convicted April 30 by a quick jury verdict, he fled in a car abandoned in Fairmont, North Carolina, and was seized in Lumberton. He was on parole from San Quentin.

Florence S.C Kenney Leighton Hester Lake View North Carolina Dillon County Fairmont N.C Hester Lumberton San Quentin Calif

North Carolina bankers to be honored at 62nd convention

Eight North Carolinians with 50 years in banking receive 50-Year Club certificates at the North Carolina Bankers Association convention in Pinehurst. More than 1,000 attendees expected. Thurman Sensing and Sen. Sam J. Ervin Jr. slated to speak. leadership changes anticipated for association officers as J. F ar Jr. may succeed C. Lacy Tate.

Durham C. Lacy Tate Chadbourn G. Harold Myrick Lincolnton J. E. Paschall Wilson

Medical Convention Opens as North Carolina Society Plans Sessions

The North Carolina Medical Society advances its 104th annual convention in Asheville with about 1200 delegates expected for the first general session tomorrow morning. Meetings of the Board of Medical Examiners and the House of Delegates occur, followed by sectional gatherings and the president's dinner. Memorial services honor 60 doctors who died in the past year.

Asheville North Carolina Medical Society North Carolina Board of Medical Examiners House of Delegates City Auditorium North Carolina State Board of Health The Medical Society North Carolina

Interest In Gold Pepped Up

Recession boosts global interest in gold with central banks and investors buying U.S. reserves. Foreign buyers have moved about 730 million dollars of U.S. gold since January while English and South African markets see renewed activity. Some urge a U.S. price hike to 100 dollars per ounce to lift the dollar and aid miners and related metals.

New York United States U.S London South Africa Middle East U.S. Treasury Washington Fort Knox Treasury San Antonio Texas B. F. Pitman Jr Congress England Barclays America

Drowning in Rescue Attempt Claims 18-Year-Old Gene Nance

A Charlotte youth, Gene Nance aged 18, drowned in the Catawba River while attempting to rescue a 4-year-old. A companion rescued the child. volunteers later recovered Nance's body. The weekend toll included many other fatalities across North Carolina from car crashes and drownings.

Charlotte Catawba Gene Nance North Carolina David Nance Barbara Boger Gene Nance Bill Barley Barley John Nance Winston-Salem Robert Oswall Todd Winifred Meehan Todd Howard Eugene Norton Fayetteville U.S. 74 Whiteville Con

Highway contracts approved for 200 miles in 23 counties

The State Highway Commission awarded contracts to low bidders on 21 highway projects opened April 29 totaling nearly 200 miles across 23 counties. A Chapel Hill by pass bid of 369,951.60 by Thompson-Arthur Paving Co. was rejected as over budget and will be re advertised. Several projects include interstate relocation near Marion and Glen Alpine, NC 87 work in Brunswick County, surfacing on U S 301 in Cumberland, and N C 41 widening near Lumberton and Elizabethtown.

Chapel Hill Thompson-Arthur Paving Co Greensboro W. H. Rogers Jr Marion Glen Alpine Brunswick County N. C Southport U. S. 17

Dr Marney Accepts Call To Charlotte

Dr Carlyle Marney longtime pastor of the First Baptist Church of Austin resigns to become pastor of Myers Park Baptist Church in Charlotte North Carolina He will be accompanied by James Berry music director and William Schwantes administrator He cites a higher call and spiritual purpose in moving on.

Austin, Tex Carlyle Marney First Baptist Church of Austin Myers Park Baptist Church Charlotte N.C Austin Church James Berry William Schwantes Marney Myers Park Beaver Dam Ft. Knox Paducah Kentucky Army Air Force

Insurance Agents Name New Officers In North Carolina

Paul L. Davis of Waynesville was named president of the North Carolina Assn. of Insurance Agents at the 61st annual convention in Pinehurst. John N. Hackney Jr. of Wilson became vice president, with re-elected officers Charles C. Harris Jr. Mt. Airy, J. C. Allison Raleigh, and William E. Webb Jr. Statesville, plus a nine-member board of directors.

Pinehurst N.C Paul L. Davis Waynesville North Carolina Assn Thomas F. Hewitt Kinston John N. Hackney Jr Wilson Charles C. Harris Jr Mount J. C. Allison Raleigh William E. Webb Jr Statesville North Caro City Thomas B. Follin Winston-Salem E. L. Peterson Clinton David Schenck Be Hackney

Reno police tow eight cars in alley parking crackdown

In downtown Reno eight cars were towed during a police campaign against alley parking. Among vehicles towed were two belonging to off duty police officers, highlighting the reach of the enforcement drive despite initial concerns about the effort.

Reno

Road projects map resurfacing and grading across NC counties

State officials outline multiple highways projects including 14.83 miles resurfacing on U S 62 near Mount Airy toward the Stokes line, 11.05 miles grading on U S 74 from Shelby to Kings Mountain, and 12.53 miles resurfacing on U S 23 and 441 from the Georgia line to Franklin.

Randolph County Surry County Mount Airy Stokes County Cleveland County Washington Street Shelby Kings Mountain Georgia State Line Franklin

College Founder Succumbs in North Carolina

Red Springs Dr Charles Graves Wardell 98 founder and first president of a Presbyterian liberal arts college for women. He established the school in 1896 and led until 1930. Born February 12 1860 in Charleston he later gardened at Flora Macdonald. He is survived by five daughters and a son.

Red Springs N.C Charles Graves Wardell Wardell Davidson College Princeton Theological Seminary New Bern Flora Macdonald Charleston S.C Second Presbyterian Church Church Charles G. Wardell Jr W. B. McNett Durham J. J. Murray Louisville Alexander Sprunt Jr Gaston Gage Clemson, S. C Ellison Syth Blacksburg

Union Elections Slated in Two Firms

In Winston-Salem and Orangeburg unions prepare representation elections under the National Labor Relations Board. About 300 workers at A E Gordon Furniture Co will vote for the United Brotherhood of Carpenters and Joiners of America Local 433. About 130 workers at Southland Provision Co will pursue Amalgamated Meat Cutters and Butcher Workers of America representation. A Thursday hearing is also set in a Asheville Concrete Materials case.

Winston-Salem Asheville Orangeburg S.C National Labor Relations Board A & E Gordon Furniture Co United Brotherhood of Carpenters and Joiners of America Amalgamated Meat Cutters and Butcher Workers of America Production Nance Workers Southland Provision Co Jerry Stone

Also Mentioned on This Page

Pi Taigis Sears High Point Enterprise Dow-Jones Jordan Senate Associated Press State Highway Patrol U.S. 220 Allen Wallace Sharp Johnnie O'Neal Engelhard U.S. 264 Swan Quarter Hemrith Lowery Rt. 4 Pembroke Edward Vance U.S. 311 Eugenia Baker Simmons Rt. 3 la Road Rolander White Albert Potts Daniel McAllily James Jones Broad River Cumberland County Eastover Harnett County Robeson-Bladen N. C. 41 N. C. 87 Elizabethtown Davidson County Lexington Dr. Marney New York, N. Y U.S. Pat Ron Weathertron Zett N. Main ST Dawson Canadian Alaska Clinton Creek Arctic Florida Daytona Beach, Aor Onato Cap’n John Washington State Wisconsin PURE Jane Parker Angel Food A&p
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