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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 15, 1957
Page
2
Hodges notesNorth Carolina aims to lure firms in pharmaceuticals electrical equipment carpets glass wire cable films firearms petroleum and guided missiles to the state. He cites a large labor pool and high productivity as key assets in winning plants with management consultants confirming many firms know their desired locations.
A 1967 Whitehall Pharmaceutical Co announcement proclaims Dristan Tablets as a nonprescription remedy to drain clogged sinus cavities. The product allegedly reduces swelling and congestion rapidly through blood-borne action, with a money-back guarantee and a 24 tablet bottle priced at 98 cents.
Evening lineup lists Bob Provence at 6 00 followed by local weather and news. Prime time features George Gobel Bob Cummings and Pat Boone with Highway Patrol listed near the end.
In a busy session New York stocks rose as aircraft and missile shares beat a retreat then steadied. Martin Co. suffered an initial loss that widened, then narrowed, weighing on the aircraft group while other sectors such as steels motors and oils posted gains. The Associated Press average climbed to 161.50 with major issues like General Electric Gulf Oil and United Aircraft among notable movers.
The advisory committee for the High Point Distributive Education Unit met at 1:30 p.m. in the high school auditorium with local director Barbara Coble. They discussed club operations, objectives, and standard procedures, planned the district convention for Oct. 30, and reviewed the Sears Foundation Awards program along with finance and publicity issues. Members present included Henderson Rogers Holt McPherson Jim Best Dan Austell William Hesse Earl Leonard Clyde Campbell and T Carl Brown of Raleigh.
About 325 people are expected for the High Point District Boy Scouts annual dinner meeting at 6 30 p m in the Senior High School cafeteria. Dr Dean B Pruette will preside and Rev N C Williams will deliver the principal address. Special unit awards will honor 14 camporees 7 for the fall roundup 20 for library brick drive and 16 for last summer’s traffic count.
A playful note explains a malapropism as a ridivulous misuse of words, referencing Mrs. Malaprop from Sheridan's Rivals. It notes her fame for blundering terms in dialogue.
Wachovia Bank progress noted for the third quarter of 1957 with deposits at 430 million and loans at 247 million, up from a year earlier. Capital and surplus rise to 33 million. James H. Styers named head of loan administration. The board sees a sound economy and declares a 10 cent quarterly dividend, payable Nov 8 to stockholders of Oct 23, plus two additional shares for each held.
The Dow Jones averages show mixed activity with 30 industrials around 3643.78 and notable figures in utilities and rails. Trading volume figures include 540,000 on one index, 1,050,000 on another, and 2,770,000 on a third, reflecting varied interest across sectors.
A morning three car collision in the 600 block of Ward Street caused $702 in damages. Shirley Gray Coletrane and James Sechrest stopped for a passenger when Raymond Carteret’s car hit Sechrest’s, pushing it into Coletrane. Damages: Coletrane $2, Sechrest $500, Carteret $200. No charges filed. Separate rear-end crash at Ward and Prospect Streets involved Harvey Loftin and Richard Wagoner with $225 total damage. Another accident on Council and Paris streets left Carl Luther and Charles Paris in minor impact with no injuries.
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