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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Oct 22, 1959

Page

2

Stock Market Ends Mixed After Daily Losses Narrow

New York stocks steadied after days of declines as dealings remained fairly active. Gains appeared in space age and electronics stocks with increases up to 2 or 3 points while steels held steady or edged higher. Major issues listed include General Electric Gulf Oil General Motors U S Steel Westinghouse and DuPont with varied percent changes and notable fluctuations across firms.

NEW York Taft-Hartley Douglas Aircraft Consolidated Edison Él Eastman Kodak Greyhound Corp General Dynamics General Electric Gulf Oil General Motors International Tel Oil Co Jones Laughlin Steel Johns Manville S Inc Norfolk & Western Rvy Phillips Petroleum Pennsylvania Railway Pepsi-Cola Procter & Gamble Bache & Co Reynolds Tobacco American Can Co Republic Steel Allied Chemical & Dye Sears Roebuck American Tobacco Co Southern Ray the Borden Co J. P. Stevens Co Bethlehem Steel American Tel, & Tel Burlington Mills the Texas Co Chrysler Corp Union Carbide & Carbon New York Central AR United Aircraft Corp Cone Mills Corp Westinghouse Electric Co Carolina Light & Power U. S. Steel Douglas Aircraft DuPont de Nemours Youngstown Sheet & Tube F. W. Woolworth Co

Rangers and Serenaders QT In-Person Saturday Night

In person event featuring the Rangers plus the Serenaders is set for Saturday at 8 pm. The program promises a lively evening of performances and vocal numbers.

Quotations From Security Quotations Source

Quotations compiled at 11 a.m. today and furnished by J Sturgis May and Company Security Bank Building.

J. Sturgis May & Company Security Bank

Castro Faces New Crisis in Cuban Revolt Shakeup

Provincial commander Major Hubert Matos and nine officers resign in a leftist challenge to Cas tro's leadership. The prime minister brands Matos a traitor, while raids on Havana spark US warning notes. Cries of down with communism echo as Matos is arrested and Camaguey is placed under Cienfuegos.

Hubert Matos Brand Matos Fulgencio Batista Cuba Castro Raul Camaguey Jose Manuel Fernandez Cienfuegos Havana

Eisenhower Discusses Space, Trade and Loans Policy

President Eisenhower spoke on space and missile independence from Russia, moving Army teams to a civilian NASA led by Von Braun for the Saturn booster program. He noted urgency since 1955, dismissed current defense interest in big boosters, and commented on trade agreements with Far Eastern nations and use of Development Loan Fund funds.

Eisenhower Aca Ae Ballistic Missile Agency Civilian National Aeronautics and Space Administration Peases Army von Braun Civilian Space Agency Defense Department Augusta National White ‘House James C. ‘Hagerty Hong Kong Formosa Japan United States

Eisenhower backs NASA transfer of Saturn team from Army

President Eisenhower announced that the Army Ballistic Missile Agency would move to NASA to serve the expanding civilian space program. He argued the change would better align scientific exploration with national interests and speed the Saturn booster development. Congress would consider the plan in January with a 60 day enactment window.

NASA Saturn Army Huntsville Eisenhower Augusta Army Ballistic Missile Agency Stuart Symington D-Mo Symington Medaris Detroit von Braun Congress House Senate

Court Debate Over Strike Injunction and Judicial Power

The court heard arguments on a stay pending appeal as Goldberg urged a timely ruling. He argued no single district judge should wield unreviewable power to force work or operation of free industries. The Congress set standards and require a health and safety finding before injunctions, with review and potential reversal looming. The union and President McDonald pressed for prompt action amid public interest and deadlines. Three judges, Biggs Goodrich Hastie, preside over a large panel.

Goldberg Congress of the United States Circuit Court Biggs Herbert Goodrich William Hastie

Seventh Polio Case Reported in Guilford County Health

Gordon Brewer, 16, of Greensboro, was named the county’s seventh polio case of 1959 by the Guilford County Health Department. He had no Salk shots, onset Oct 18, and now suffers paralysis in his lower extremities. he is hospitalized at Moses Cone Hospital while his family receives protection with shots.

Greensboro Gordon Brewer Guilford County Health Department Brewer Willie Dean Locklear Moses Cone Hospital

Also Mentioned on This Page

Business and Financial Eit High Point Enterprise Rangers Main ST Thomasville Faith Temple Church Wfmy-Tv People’s Choice Mouglae Rawards Betty Hutton Johnny Ringo Zane Gray Theatre RFC Piedmont Riley Art Linkletter Wsjs-Tv Winston-Salem High St Bat Masterson Staccato Ernie Ford Groucho Mike Hammer Jack Paar Hervey Dinkens WBTV Joan RCA Victor Dumont Admiral Television Sales & Service North Main ST Wsoc-Tv Charlotte NBC News Hughes Tire Service, Inc E. F Hughes North Main Wsls-Tv Roanoke Wunc-Tv Chapel Hill Channel American-Marietta Billups Petroleum Colonial Stores Commonwealth Life Drexel’ Furniture Gulf Life Ins Jefferson Standard Piedmont Nat. Gas Public Serv. of N. C Pyramid Life Ins United Ins. Co Wachovia Bank Ee Tures Jly Dow-Jones Giese Christmas Island James Cook United States Military Academy At West Point Joseph G. Swift Ike West Accord Soviet Union Midway High Point Mosi Ve Meray Aaron Daughters OF Satan FOAT Dracula Cary Grant Sy, Ates Ida Sai Ar Wlu TEX Dolph Stor Ladd- Webb Loren David J. McDonald VFW Sahara RSA Med Dell Ua Ue Ill Yvonne DE Carlo Gloria Talbott Henry Hull Nina Shipman William Bishop Coton Chatterley
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