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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Oct 29, 1958

Page

9

Pope John Appeals For Peace and New Pontificate Joy

Crowds celebrate Pope John XXIII's election with bells and posters replacing notices of Pope Pius. Jubilation in Sotto il Monte and Venice as the 262nd pope is hailed. He elevates Msgr Alberto di Lorio to cardinal and plans calendar audiences with Vatican officials.

St. Peter's Rome Pope Pius Pope John Sotto Il Monte Venice St. Peter Canals John Msgr Alberto di Lorio di Lorio College of Cardinals Vatican

Planes Avoid Collision In Shaw AFB Area

Shaw Air Force Base said three planes were in an approved area and properly cleared when a collision with a Panagra airliner narrowly averted Monday night. A KB50 tanker and two RF 101 jet recon planes were refueling at 18,500 feet under FAA rules, while Panagra Flight 45 aboard Captain George Peteler diverted to safety. The airliner landed in Miami after confirming assigned altitude and airway clearance.

Shaw Air Force Base S.C Air Force Public Information Office Shaw Afb George Peteler Miami Washington Control Turner Afb Wes

Hula Dance Causes Stir at Purdue Golden Girl

Purdue students fault Adelaide Jeanne Darling, the new Golden Girl, for a hula dance during halftime of the Purdue Notre Dame game. Two coeds say the routine is excessive, while Julia Home Calif. says the showman role suits her.

Lafayette Ind Purdue University Adelaide Jeanne Darling Purdue Julia Home Calif

Market advances with gains across multiple sectors

The New York stock market extended an early afternoon rise in heavy trading. Industrials rails and a broad group including steels motors rubbers aircraft electronics and utilities gained, buoyed by upbeat corporate news and improved economy indicators. Prices fell slightly for government bonds as shares showed strength.

New York Commerce Department Zenith

Dow Jones Averages Update From Bache & Co

The report lists intra day Dow Jones averages across groups such as Industrials 530.46 at previous noon 540.78 at 1 pm 536.88, Ratis 148.67 148.63 147.89, Utilities 44.82 64 82.83 82.92, Stocks 187.31 187.05 186.44 with traded volumes of 940000 1800000 and 3870000.

Ratis

Cotton futures open lower amid mixed market quotes

The day's cotton market shows futures down five cents per bale with varied readings across delivery months. Major industrial stocks listed include DuPont, Dow Chemical, Eastman Kodak, General Electric, General Motors, Gulf Oil, Sears Roebuck and Union Carbide among others.

NEW York SAAN Civccnsdeess DuPont de Nemours Dow Chemical Eastern Airlines Consolidated Edison Eastman Kodak Gruehound Corp General Dynamics General Electric Guilf Oil General Motors Goodyear Tire & Rubber International Harvester International Tel Standard Oil Co Jones Laughlin Steel Johns Manville Loew's Inc Phillips Petroleum Pennsylvania Railway Pepsi

Investors Guide Q and A on aging portfolios and income

An 80-year-old investor seeks income while holding blue chip stocks. The advisor suggests modestly lowering quality to boost yield, recommending Allied Stores Federated rails Great Northern Wabash preferred United Columbia Gas and potential conversions to convertible securities or utilities to raise income without cashing in big gains. The client’s broker is praised and portfolio strengths noted.

Standard Oil California N. J Indiana American Thread Am. Tobacco Con. Edison Cleveland Electric R. H National Dairy Radio Corp Goodyear Allied Stores Federated Great Northern Wabash United Columbia Gas

Callable Bond and Preferred Shares Defined

The issuer may retire a callable bond or preferred share, unlike perpetual common and some preferred stock which cannot be called. Mr Shuisky will answer questions of general interest in nanio cue stamped sel adrened en velope.

Poor Paul Klinchok’s trouble ends in arrest after fight

In New Mexico, Paul Klinchok fought with his wife and was struck with a bowl. As police booked him, his wife grabbed an officer’s gun and fired a shot into her own hip.

Grants N. M Paul Klinchok

Pabterre Powder Promises Denture Comfort

A vintage ad-style prompt touts Pabterre powder to keep false teeth in place and reduce denture breath. It claims benefits for clipping wobbling and speaking, urging readers to buy for denture comfort.

Tension Eases Over Quemoy Shelling Alcove

AP reports easing tensions as Chinese Communist artillery shelled Quemoy sporadically. US Navy destroyers halted movements within the 12 mile coastal zone while officials note Peiping not issuing new serious warnings. Nationalist spokesman calls the shelling a nuisance to save face amid a tense crisis.

Taipei Formosa Quemoy David Lancashire U.S. Navy Formosa Strait Red China Peiping Liu Hohitu

Also Mentioned on This Page

Business and Financial New Merck Celanese U.S. Steel American Motors Checker Boeing Pfizer Raytheon Lorillard U.S Bache & Co American Can Co Allied Chemical Dye Adams-Millis Corp American Tobacco Co Bethlehem Steel Burlington Mills Chrysler Corp New York Central AR Cone Mills Corp Carolina Light Power Douglas Aircraft Dow-Jones Sam Shulsky Paul Electronic Accounting Card Corp EAC J. Sturgis May & CO Investment Securities High Point N. C Salisbury N.C Ray Wheatley Woodrow Ave Gene Kramer High Point Enterprise Web State Dulles Washington Dresed OWL Neers Leid Lamb's Heating CO S. Main ST E. Washington ST
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