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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 23, 1960
Page
5
The stock market ended a mixed day with the Dow and Dow Jones average near flat at noon as traders awaited the long Thanksgiving weekend. Industrials slipped while rails and utilities rose and several major issue moves stood out amid a generally narrow breadth session.
The Dow Jones averages show the industrials at 600.44 at open, 601.22 at noon, and 601.10 at close. Rails stand at 128.70, 129.17, and 128.79. Utilities register 95.10, 95.25, and 96.07 with 65 Stocks. Volume totals 580,000, 1,170,000 and 3,430,000 respectively.
Central Telephone Co was rejected in its Mount Jefferson microwave tower bid and invited to consider Mount Phoenix or eastern Mount Jefferson. The Conservation and Development Board cited scenic impact and set a potential road cost of 70 000 to 85 000 dollars. The Parks Division may negotiate a site with the company.
NASA reports Tiros II reached orbit amid signals detected in Cleveland and Kansas City. The satellite carries infrared sensors and solar cells to study cloud patterns and heat balance, aiming to improve weather forecasting and potentially enable a network of six to seven satellites within years.
The conference debates whether to back the Soviet position or push the harder Chinese line. Pravda and Peiping's People’s Daily signal ongoing tough discussions. Pravda cites peace preservation as key while warning imperialism sustains wars and threats to peace.
Rep Cooley, speaking at Winston-Salem National Grange, urged parity as the best yardstick for fair farm prices and opposed the American Farm Bureau plan to end parity. He criticized a Farm Bureau proposal to support prices at 75 to 90 percent of recent prices as a downgrade farmers should not accept.
A Winston-Salem adoptive grandmother seeks permanent custody of four year old Gerri Leigh Bishop in Forsyth Superior Court. The proceeding, originally set for next Tuesday, was continued to allow depositions from out of town witnesses, with no new date set. The case pits George W. Bishop of Baltimore against Geral dine F. Pratt, a New York City and Winston-Salem resident, over custody and inheritance tied to a sensational family fortune up to 1.5 million dollars linked to T. S. Fleshman.
In Leopoldville thousands gathered for the burial of four Congolese soldiers killed in a clash with U.N. troops. Mobutu led officials as mourners filled Boulevard Baudouin, while U.N. officials and vehicles were largely absent.
Americans attend a re enacted Pilgrims procession near graves dating to 1620 21 followed by a memorial service at the First Church. In New York Macy’s parade features giant balloons Santa Shirley Jones Joe E Brown and Lori Martin drawing thousands.
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