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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 12 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 16, 1957

Page

2

Stock market rises on steady gains across industries

Stocks advanced in a broad session led by rails and industrials as New York trading opened higher and momentum built late morning. Major names such as U S Steel Bethlehem Republic Steel General Motors Chrysler and Gulf Oil rose, while West Indies Sugar and several chemical and oil issues posted gains and a few large firms edged up modestly.

Sis Gilen Gehiefhigh Rhage Congress U. S. Steel Bethlehem Republic Steel Lukens General Motors Chrysler Ford Royal Dutch Amerada Gulf Oil Texas Co Sunray du Pont Allied Chemical Union Carbide American Cyanamide New York Central Northern Pacific Illinois Central Southern Pacific Southern Railway Baltimore & Ohio West Indies

Dow Jones Averages Reported By Bache

The Dow Jones averages provided by Bache show the 90 industrials at 503.56, 504.58, and 501.98. utilities at 146.35, 167.67, and 146.13. rail shares at 176.64, 176.17, and 178.11. Trading volume listed as 590,000, 1,060,000, and 2,890,000.

Bache & At Neon T P.m. Close

Television Schedule Friday Lineup

Friday timetable lists 10:30 Sermons 11:00 Weather Sports News 11:20 Theatre 12:20 Sign Off with Jimmy Dean 7:00 Captain Roo 8:45 News Weather 12:15 Devotions 12:30 World Turns 1:00 Whats Cooking 1:30 Art Linkletter 2:00 Big Payoff 2:30 Bob Crosby

Jimmy Deanne Captain Roo Art Linkletter Bob Crosby NBC News Groucho Mars Highway Pater News & Safety Mr. Murgle Museum of Art

Eisenhower Sees Big Tax Revenues From Budget

President Eisenhower defends a large spending plan while asserting tax revenues will rise if economic activity increases. Treasury tax receipts for March and April will hint at the trend as Wall Street debates inflation versus deflation and corporate profits. Corporate earnings for the first quarter rose about eight percent from 1956, but gains slowed, raising doubts about revenue growth.

Sam Dawson New York Eisenhower Treasury Bulls Bears Wall Street Washington

Graham Crusade Opens To Large New York Crowd

Billy Graham opened a crusade in New York drawing a diverse crowd including seniors, teens, and couples. He urged surrender to Christ, warned of alcohol and pills, and described a powerful first night with hundreds seeking new belief and receiving counseling in a basement venue.

Graham Christ Chicago

Beck Faces Senators Once More

Senate Rackets Committee questions Beck on private deals tied to Teamsters real estate and profits. Key witness Shefferman testified Beck received 8000 dollars after a failed 15000 dollar profit plan. Other witnesses, including Gessert, await in Washington as probe details unfold.

Washington Dave Beck Senate Teamsters Union Or i X Beck Nathan Shefferman Shefferman Sherferman Chicago Dave Jr Union Merchandising Co Gessert Ellensburg Wash Raymond Fields Guymon Okla Franklinburg American Legion Union

Pietenpol Heads Davidson as Acting President and Bailey as Dean

Davidson College trustees named Clarence Pietenpol acting president and John C. Bailey Jr. dean of students for an interim period. Dr. Pietenpol has served as dean of faculty, Bailey as Bible and Greek professor, with John R. Cunningham resigning effective Sept. 1 to lead the Presbyterian Foundation.

Davidson, N.C Davidson College Clarence Pietenpol John C. Bailey Jr Pietenpol Bailey John R. Cunningham Presbyterian Foundation Charlotte Samuel Spencer Mary Baldwin College Virginia Leota Minn University of Pittsburgh University of Colorado New York University Hope College Holland, Mich Wisconsin Yale University Long Island University Washington and Jefferson University Davidson Summerton S.C Johns Hopkins University Chicago Davidson High School College Cunningham D. S. LaFar Gastonia

Japanese and U S military police quell Tokorozawa rift

Tokyo reports a tense night near Tokorozawa at an Army depot area as Japanese police and U S military police mobilized to prevent a clash between Negro and white soldiers. Tear gas reportedly fired at a beer hall. several soldiers were detained as crowds dispersed without injuries.

Tokyo U. S Tokorozawa Army U.S. Air Force

California Senate passes drunk driving penalty bill

Sacramento reports the California Senate approved a bill requiring jail time for motorists convicted more than once of drunk driving and sent it to the governor for signing.

Sacramento Calif California Senate

Mock Casualties in Utah Civil Defense Drill

In Toole, Utah an air defense drill simulated a B25 bomber and three jet fighters dropping smoke bombs. The exercise included 100 mock casualties as a man cut his hand a boy fainted at fake wounds a young war widow fainted and a resident mistook smoke for a real fire on his property.

Tooele Utah

Man Slaughter Case Pre-Sentencing for Seaman Murphy

In Baton Rouge officers opened a pre sentencing investigation after 18 year old merchant seaman James Lee Murphy of Wilson North Carolina pleaded guilty to man slaughter in the fatal stabbing of shipmate Phillip Fall 48 of Jacksonville Florida. Police say Murphy admitted stabbing Fall during an argument aboard ship. District Judge G Caldwell Herget ordered the pre sentencing investigation.

Baton Rouge James Lee Murphy Wilson N.C Murphy Phillip Fall Jacksonville Fla Fall G. Caldwell Herget

Stuck in Storm Shelter Delays Tornado Warning

Chester W. Clark dived into a storm shelter under his porch as a tornado alert sounded in Ferrysburg Michigan. He became stuck halfway in and spent most of the alert period freeing himself. He is enlarging the entrance to prevent a recurrence.

Ferrysburg Mich Chester W. Clark

Also Mentioned on This Page

Bethlehem Burlington Mills Reyhound Corp General Dynamics General Electric Goodyear Tire & Rubber Harvester Jones Laughlin Steel Johns Manville Loew's Inc Norfolk & Western Ry Phillips Petroleum Pennsylvania Railway Pepsi-Cola Proctor & Gamble Reynolds Tobacco American Tel Tel the Texas Co Union Carbide & Carbon United Aircraft Corp Beta Ray Electric Co U. 8. Steel Youngstown Sheet & Tube F. W. Woolworth Co Roberts Moskins Dow-Jones Jiy Eee Rennerere Wfmy-Tv Greensboro T.v.ervice North Main ST Mr. Mountain Lone Ranger WEBTV Frankie Laine Sportsman's Club Dayton Tires Hughes Tire Service, Inc North Main Wsls-Tv Roanoke Wsjs-Tv Winston-Salem Farm Club Ernie Matinee Wunc-Tv Chapel Hill Channel Business Mirror Crusade Senators Fields Legion la Verne Duffy Sumo Rialto Bruce Cabot King Kong Jane Russell Montana Belle VFW Greensboro RD Wahah The Spencer Tracy Claire Trevor Robert Wagner Houston Story Lee J. Cobb Keith Larson Davidson Theatre Dean Martin Anna Marie Aberghetti Tar “Am Archdale Lars Smee American School—Dept APS Burlington, N. C Aman Vin LU Deborah Kerr Jon Kerr Mars Matina Audrey Fred Hepburn Astaire Foghorn Leghorn RTT Tran Praal Ailey Norman Panama Melvin Frank Westan Stow Moose San Etteteon Ana Res Gregory Peck Joseph Colten Ayia Herg Kartoon Thomasville Pont Chevrolet O.K Anastasia Tower Players High Point College Memorial King Trav Michel Ray Pluto Paramount Sedgefield Show Grounds Victor Adding Machine Co Pecos Pete Rebel Lions Club New Albert's and Shackelford’s High Point Lions Club Glenwood Lions Club Greensboro Lions Club
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