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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 29, 1960
Page
3
The New York stock market edged lower at noon with the 60-stock AP average down 0.70 to 215.60 as industrials ease while the Dow Jones industrial average falls 2.22 to 603.21. Key issues like Chrysler and Jersey Standard show fractional declines amid broader selling.
The following bid and asked prices come from the National Association of Securities Dealers Inc. and other sources but are unofficial. They show approximate ranges within which these securities could have been sold or bought at the time of compilation. Origin of any mutation will be furnished upon request.
The Dow Jones averages are shown with Furnished by Bache at 9 a.m. 12 noon and close. Industrials at 603.62 603.21 605.43. Rails 120.34 120.34 128.58. Utilities 95.55 95.50 95.64. Stocks 200.93 200.82 201.30. Volume figures are 750000 1410000 3860000.
President elect Kennedy expressed confidence in the accuracy of vote counts in several states including Illinois and Texas. He said a Senate committee requested information on the vote matter and that counts have been repeated. He met 75 minutes with Dean Acheson at his Georgetown home, noting Acheson’s 30 years of world event involvement and value as an adviser. Kennedy also said he hopes to announce by Wednesday his choice for director of the Budget Bureau after visiting his wife and newborn son.
The Duke Endowment voted 3% million in special appropriations for its Carolina educational beneficiaries. Furman Davidson and Johnson C. Smith University received grants while Duke University awaits future allocations. Total endowment support now exceeds 7% million with 2.6 million earmarked for educational purposes.
In New Orleans the desegregation fight persists as federal judges consider a delay. McDonogh No. 19 hosts three Black first graders while William Frantz sees two white and one Black pupil. Fourth through sixth graders are sent to segregated schools in St Bernard Parish under Leander Perez. Truancy falls. police keep a light presence. mothers vow daily monitoring to keep white parents out, amid calls to avoid violence.
Britain's young Duke of Kent, 25, is hobbling in a plaster cast after breaking a bone in his right foot in a fall Sunday while on leave from the Royal Scots Grays Cavalry. He is a cousin of Queen Elizabeth.
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