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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 08, 1953
Page
5
Utilities continued to lift the corporate bond market while U S government bonds eased modestly under Treasury financing. Convertible issues rose with stocks as investors sought high grade paper. intermed 2s hit 101 on Monday and closed near 100 28 32 bid.
New York reporting on a lengthy 289 page Insurance Department study reveals director and officer fees, relatives’ payments, and ad contract shifts at Equitable Life. Parkinson resigns as chair after 25 years. Ray Murphy sues for successor with Dewey and Bohlinger as possible picks.
Miss Gladis Kivett announces a 3% rise in Travelers Aid coverage across 5 possessions and 14 foreign countries in the latest directory. Since 1944 the Family Service Bureau has acted as the High Point link in the network, with 1 056 cooperating representatives and 3 016 communities offering aid worldwide.
New York reports the stock market extending its seventh straight week of gains with higher volume and improving investor interest. The Associated Press average rose 1.10 points to 108.40, closely tracking August's high, as broad figures show renewed strength despite election holidays and mixed interpretations.
Some bamboo species grow in terriporate climates despite being tropical by origin. This shows adaptability of bamboo to cooler environments across regions.
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