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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 08, 1961
Page
5
The AP reports consumer spending rose across appliances furniture and autos while unemployment improved. A second Ford strike follows a GM settlement as Hodges forecasts a substantial near term pick up. Installment debt rose 26 million in August with July down 74 million.
Auto dealers in High Point say customers are buying aggressively as 1962 models arrive. GM and Ford face factory disruptions, yet buyers seek more power and extras, with sportier designs gaining traction. Used car prices remain stable, and a late 1961 sales surge is forecast. Universal of High Point buys 1601 S Main St for about $100,000. The Illuminating Engineering Society Tar Heel section meets at Women’s College Greensboro with a tour of the lab and a dinner with new officers planned.
Roy H. Park of Ithaca New York a North Carolina native will speak to the Greensboro Chapter of the Society for the Advancement of Management at Sedgefield Country Club. He chairs the North Carolina State College Alumni Association and leads the Duncan Hines Travel Books venture. Park will become owner of WNCT Channel 9 Greenville subject to FCC approval and would run it via Roy H. Park Broadcasting. The station has a 30 percent stake in WECT Channel 6 in Wilmington and ranks among the top 100 U.S. stations by audience delivery.
Thailand's Foreign Minister Thanat Khoman proposed a world peace watchdog committee that could meet in Berlin and other capitals to ease developing crises. He urged a permanent forum for quiet diplomacy within the UN framework but not necessarily inside the United Nations.
The Highway Department posts minimum speed signs on U S 1 U S 301 U S 64 and U S 70 to test a policy aligned with a General Assembly law. Minimums fix 45 mph on 60 mph roads and 40 mph on 55 mph roads.
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