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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Nov 24, 1958

Page

5

Mother Has 18th Child

Mrs. Mervin Ramer, 42, gave birth to her 18th child a 7 pound 14 ounce boy at St. Pauls Hospital in Dallas. Her husband, machinist Mervin Ramer, recalled she once said she wanted two dozen children and laughed at the idea.

Dallas Mervin Ramer St. Paul’s Hospital Ramer

Market hits sharp one year low amid broad selloff

New York stocks slumped heavily with major averages down after a day of widespread losses. Industrials and rails led declines with steel, oil and chemical issues among the hardest hit as traders faced a major market pullback not seen since late 1957. See specific names such as Eastman Kodak, General Electric, General Motors, IBM, U.S. Steel, and more in a broad price drop.

New York Wall Street Eisenhower

When to Take Profits In Investment Clubs

Investors Guide discusses deciding when to take profits, stressing purpose of investment, staying with rising stocks for capital appreciation, and switching into new leaders. It notes risks of beating the market for its own sake and highlights portfolio balance across holdings like American Machine & Foundry General Telephone Transamerica First America and Baldwin-Lima.

American Machine & Foundry Trans - America General Telephone U. S. Steel Georgia Pacific G. G Baldwin- Lima First America G. D. Searle Transamerica Sante Fe Standard Oil N. J

States Rights Group Holds Meeting in Burlington

About 65 people attended the inaugural meeting of the North Carolina Defenders of States Rights Inc. William J. Storey of South Norfolk spoke on resisting racial integration. The group endorsed a statement opposing Supreme Court integration and warning against “faint hearts and indecision.”

Burlington N.C North Carolina Defenders of States Rights, Inc William J. Storey South Norfolk Davidson College James P. Dees Trinity Episcopal Church Statesville

Investment Club Basics and Reader Q&A Column

An Investment Club groups friends to pool savings for purchases. Members meet monthly and invest dues after each session. Mr Shulsky will answer general interest questions in his column. Enclose a stamped self addressed envelope for investment lists.

Beware Phony Price Tag Bargains and How to See Through Them

A December Reader's Digest consumer report warns that many reductions on TV sets jewelry appliances cosmetics are phony. Readers learn how to spot deceptive price cuts and how to protect themselves while shopping.

Reader’s Digest

Golf Course Turns Away Two Negroes

Charleston Municipal Golf Course denied two Negro men from playing on Sunday. The men, members of a group pressing to open the white only facility, were photographed at the club desk. They said they may seek legal advice as they pursue access to the course amid debate over ownership and reopening plans.

Charleston D.C Charleston Municipal Club Wilmington N.C Savannah James White Clarence Brown James Island

Contest Promotions Rise in 1958 Sales Push

SAM DAWSON reports that U S firms spend about 500 million dollars in 1958 on contests and promotions with prizes totaling 40 million dollars. Over 600 firms track results as the number of promotions rises about ten percent from last year amid a recession and consumer appetite for unusual prizes.

New York

Also Mentioned on This Page

Dow-Jones Bache Orrreeiniburiredeos CO Tepterie Enebsti Eiccceneti i Eastman Kodak Greyhound Corp 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 Norfolk & Western Phillips Petroleum Pennsylvania Railway Pepsi-Cola Procter & Gamble Reynolds Tobacco Republic Steel Sears Roebuck Southern Bache & Co American Can Co Allied Chemical & Dye American Tobacco Co Bethlehem Steel Burlington Mills Chrysler Corp New York Central RR Cone Mills Car Carolina Light & Power Douglas Aircraft Ud DuPont de Nemours Dow Chemical Eastern Airlines Consolidated Edison Sam Shulsky States Rights Group Family Finance Asheville Charlotte Concord Durham Gastonia Greensboro Raleigh Salisbury Winston-Salem Pal Alaska By Sam Dawson Lever Bros Stanley Arnold New York City New York, N.Y Wrivena Pharmece Piedmont Airlines Plediont Airlines Mercury Colony Park
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