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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 26, 1959
Page
3
Washington report describes five million dollars in counterfeit currency stored behind steel doors in the U S Treasury. The article notes a master file checks for copies and that old fakes are burned by the destruction committee. vaults hold coins and bills removed from circulation.
North Carolina and Virginia flue cured tobacco markets begin a new sales week as volume wanes. Old Belt and Middle Belt show price gains while Eastern Belt dips. Weekly sales totals reach over 25 million pounds in the Old Belt and over 14 million in Virginia with average prices ranging from mid 50s to 58 dollars. Stabilization Corp loans are taken on portions of the crop. North River channel reference noted.
Former major league star Jackie Robinson urged progress toward equality at a Greenville NAACP session. He used the white airport waiting room despite a request to use the colored room, joined by Billy Fleming and Rev. H P Sharper. Robinson spoke of 1963 as a milestone for full freedom and praised liberal whites while urging unity through the NAACP.
An advertisement for a $1,000 life insurance policy for people born before 1900 up to age 60. Old American of Kansas City invites you to handle the entire transaction by mail with no obligation and no calls. Tear out and mail with name address and year of birth to Old American Dept L1032B.
The steel strike prompts economists to spot a few favorable consequences. Government economists increasingly believe some positive effects emerge amid the disruption, even as the overall impact remains negative. The article notes efforts to salvage what can be learned from the calamity.
A Powell Street cable car halted when a grip snagged in the cable slot. Gripman Donald Evans 32 was thrown through the windshield and injured. Conductor James Hutchings 25 treated for a shoulder injury. Nine of the 30 passengers were hurt. The piece also discusses steel demand, 1960 earnings prospects, and wage inflation concerns raised by the strike.
In Houston AP reports thieves stole 1300 dollars in cash from Monte Ray Pettitt who said he hid the money in a locker set at five degrees below zero in his frozen food locker business.
Russell A. McMullin White House assistant communications officer was in serious condition at St. Joseph's Hospital Augusta Ga after a stroke. The 61 year old McMullin was stricken at church hours before President Eisenhower's departure and has served with the White House communications transportation section for 20 years. He lives in Bethesda Md with his wife and three children.
In Philadelphia AP reports Mae Metz aged 73, her son William aged 43, and granddaughter Pamella Ann aged 9 all celebrate their birthdays today marking a rare three generation family milestone in the Metz household.
Local advertising notes a jewelry company at 127 N.ase yy promoting wholesale to save customers money. The text discusses free enterprise and profit motive in a conversational propaganda tone.
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