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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 30, 1958
Page
5
Weather clears for a strong Christmas trade as High Point stores report better crowds and near capacity production. Industry analysts note a shift to more big-item purchases and increased consumer willingness to use time payment plans amid a cloudless economic outlook.
Tax tips on selling stocks to offset gains, with rules for long term versus short term gains and losses. Explains limits of capital losses, deduction against ordinary income, and carryover rules up to five years. Mentions different treatment in community property states and alternative minimum computation.
A visitor from St Louis told a San Diego hotel clerk she left her purse in a cab. She added she knows the driver’s name William Thien, who is the police inspector signing cabbies ID cards.
In National City California Mrs Joanne Ostberg delivered her sister's baby with one hand on the wheel and kept the horn sounding to warn traffic. The baby Brett weighing seven pounds arrived en route to the hospital and both mother and child are reported fine with Mrs Carlos Long 21 acting as the mother.
Floyd LaGrand High, long active in local business circles, is appointed manager of Sherwin Williams new High Point branch at 1000 N Main St. announced by J L Rutledge of Philadelphia Regional Director. High, a High Point native, alumni of High Point College, Naval veteran, Baptist Church and Veterans of Foreign Wars member, will undergo specialized training before the store opens mid December. He and his wife Patricia Padgett reside at 1609 Beaucrest Rd with three children.
NEW YORK AP Burlington Industries announces Burlux a wash and hang drapery set to market in spring. Raymond E Kassar president says the material retains its finish through a full wash and spin cycle in modern automatic washing machines and requires no ironing.
The Prince Edward Island Historical Society seeks to transform Fort Amherst in Charlottetown into a national historic park. The fort, overlooking the harbor, was established by the French in the early 18th century.
Unofficial bid and asked prices from NASD and other sources serve as a guide to approximate ranges for securities. They indicate potential sale or purchase levels at the time of compilation with origin of quotations available on request.
U S government bonds edged higher early in the holiday week then slipped, while corporates closed lower. Utilities and investment grade issues rose, rails stayed flat, and industrials plus foreign bonds edged down. Trading volume on the NYSE fell from the prior week to 27.7 million per value.
AP reports United Fund officials skeptical as Abe Lincoln pledged a donation if picked up. A worker went to Lincoln's home and found him waiting with his pledge ready to give.
A La Jolla real estate man wrapped up a lengthy sale exceeding 150000 dollars and his wife started reviewing cruise folders before the buyer’s check bounced, halting the transaction and prompting further action.
The stock market endured a steep one day drop the biggest in three years with a rebound in later sessions. The AP average of 60 stocks fell to 204.30 with a record high of 207.70, giving a second consecutive weekly loss but moderating the annual loss through the four day week.
The piece warns of a mounting college crisis with capacity crowding by 1967 and a growing teacher shortage. Low salaries drive qualified people away and threaten future education. Readers are urged to act, requesting a free booklet from a New York address.
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