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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 07, 1957
Page
2
The Dow Jones averages show industrials at 498.73 close and earlier 461.71 with mixed figures for other sectors. Data from Bache & Co includes price levels for several categories and trading volumes ranging from 520,000 to 1,520,000 shares.
The United States and South Korea exchanged ratifications today for the friendship commerce and navigation treaty. The pact takes effect immediately, formalizing broader economic ties between the two allies.
Market activity in New York shows heavy volume as aircraft and missile makers jump up to four points amid anticipated large defense spending. Some leaders like General Dynamics and Douglas gain, while Lukens Steel falls after lowering carbon steel plate prices. Several rail and chemical issues rise or fall with mixed reactions as brokers report nervous selling.
US and Soviet space observers discuss sharing IGY satellite data. Blagonravov says Russians may launch a second sphere soon and share information with foreign scientists. Caltech researchers track orbit details, noting an elliptical path with 300 mile closest approach.
The article notes Soviet efforts on advanced targets and the 184 pound launcher as secrecy persists. International comment floods Moscow papers while radio details are scarce and no images of the booster have appeared. Observers wonder if a larger unveiling may occur around the Red Revolution anniversary. The sea anemone detail is added as a separate fact about its venomous tentacles.
Science reports a healing substance called Bio-Dyne, sold as Preparation H, that reportedly shrinks piles and relieves pain without surgery. Case after case showed reduction while easing discomfort, with claims of piles no longer being a problem and a money back guarantee.
Reidsville North Carolina reports 67 year old clown Hap Sinclair seeks a sober young pig with good habits for a new act next spring. He recalls using a baby pig with whisky stunting growth and a past pig died of acute alcoholism. Hap plans to winter in Reidsville and ride a trained pig with a monkey.
Dr. Fred L. Whipple and other scientists report the Russian moon satellite is transmitting telemetering information of several types. Analysis requires data from the U S S R, and temperatures in the upper atmosphere have been identified as an element. Further details await Soviet information.
The article notes that numerous Persian rug patterns mimic the formal garden layouts found in ancient Iran, reflecting a historical influence on decorative textile work.
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