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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Sep 01, 1957

Page

6

Insurance Agents Angry Over Fire Fund Law Worries

Local insurance salesmen rally against a 1957 law directing a percentage of fire insurance premiums to a state firemen's pension fund. They warn of general taxation for a single group, dispute collection details, and note lawmakers faced insurance lobby pressure. The day includes remodeling news and public relations shifts. Farmers Day slated for Sept 28 aims to boost farm merchant ties.

Assembly High Point

Prices Vary On Eastern and Border Belts

Eastern Belt shows steady averages around 53.46 cents per hundredweight with 45,289,157 pounds sold. Border Belt falls about 70 cents from the prior week, with 45,988,129 pounds traded and weaker demand. Middle Belt on opening two days posts 54.40 per hundredweight on 6,321,656 pounds, higher than last year’s opening period.

North Carolina Carolinas Middle Belt Border Belt Federal State Market News Service Stabilization Corporation Stablization Corporation South Carolina

Iroquois Lacrosse Origin Shaping American Sport

The encyclopedia Britannica notes lacrosse as America's oldest organized sport. It traces the game to Iroquois predecessors long before Columbus's 1492 voyage.

America

Defense work approved by Eisenhower

President Eisenhower signed a bill authorizing Army Navy and Air Force defense projects with a price tag of 1 232 495 million though appropriations follow separately. The measure allocates 293 million to the Army 374 million to the Navy and 602 million to the Air Force with most work in the United States and substantial sums for projects abroad and classified work. Carolina projects total over 39 million including Fort Bragg Cherry Point Hertford Harvey Point New River Camp Lejeune Seymour Johnson Charleston and Shaw AFB plus Parris Island Donaldson Myrtle Beach and more.

Washington Eisenhower Army Navy Air Force Congress United States Carolina North Carolina Ft. Bragg Cherry Point Marine Air Station Hertford Harvey Point New River Jacksonville Marine Corps Air Facility Camp Lejeune Marine Base Seymour Johnson Air Force Base South Carolina

Belmont appoints Frank Carpenter as police chief

Captain Frank Carpenter, an 11 year Belmont police veteran, was selected by the City Council to succeed the late Giles Hoover. The 45 year old will lead a 10 man force after serving as patrolman sergeant and captain in succession.

Belmont Frank Carpenter Giles Hoover Carpenter Ent

Patrick Moore Named Sales Rep for Tomlinson Firm

Patrick Moore appointed sales representative for Furniture by Tomlinson. Sidney H. Tomlinson Jr. announced the selection, with Moore to head a territory covering Texas Oklahoma Louisiana and Arkansas. He will assume duties around September 1 from Dallas headquarters after training at the High Point factory. Moore, from Missouri, previously worked with Bigelow Sanford Carpet Co on the West Coast and served as Dallas district manager.

Patrick Moore Tomlinson Sidney H. Tomlinson Moore Texas Oklahoma Louisiana Arkansas Dallas High Point Missouri Bigelow Sanford Carpet Co

Bond Trades Are Light During Week

New York reports a light week in government bonds with only narrow gains and declines. Treasuries remained mixed as a rally appeared technical and not a true turning point while corporates eased before finishing about even. Convertibles rose slightly and rails slipped. foreign liens held steady.

New York Treasury

Grains end week mixed amid lighter volume on Board of Trade

Grains showed erratic price patterns this week with most futures trading in a narrow range and closing lower than a week ago. First notices to deliver nearby September contracts appeared, led by corn with near three million bushels tendered, followed by wheat 1.6 million, oats 465 000, rye 95 000.

Chicago Board of Trade

Home buyers urged as protection against inflation

High Point realty leader Malcolm G Moore argues buying a home can guard against inflation and build savings. He says amortized mortgages offer owner equity and fixed payments while property values rise with price levels, urging buyers to seek expert Realtor advice.

Malcolm G. Moore High Point Board of Realtors High Point Moore

Defense Outlook Pushes Stock Market Upward

Hopes of greater defense spending lift stocks for the first rise in six weeks. Russia’s missile test and hard line on disarmament boosted Wall Street's belief in continued defense buildup, lifting aircraft and missile stocks and many others. The AP average rose to 175.70 as more issues advanced.

New York Russia Wall Street United States New York Stock Exchange Associated Press

Paratrooper Fatally Injured In Car Crash Near Fayetteville

26 year old 82nd Airborne Division soldier S Sgt Steffey of Fort Bragg died after his car spun out on Maxwell Road 11 miles east of Fayetteville. He was thrown 115 feet and apparently died from head injuries. No inquest planned. Steffey is from Bostic North Carolina.

Fayetteville N.C Carter Steffey 82Nd Airborne Division Fort Bragg Here Maxwell Road Cumberland County Alph Clark Steffey Clark Front Bostic N. C

Spain Suppled Nearly Three Quarters of US Olive Oil Imports

The report notes that almost 75 percent of the olive oil imported into the United States this year originated in Spain. It highlights Spain as the dominant supplier and implies diversification of sources remains limited.

United States Spain

Also Mentioned on This Page

205 Ave Nixon Praigg Perpetual and Loan Assa U. S S. Savings and Loan League By Joe Brown THE Merchandise Mart J. Arthur Welch D. C. Williamson Real Estate Co Washington St Welch Perpetual Savings and Loan Assn High Point Furniture Co High Point College Piedmont American Savings and Loan Institute Greensboro Homestead Ave Gilbert Prim Thomasville First Baptist Church Southern Buying Syndicate mid-Atlantic States John H. Tobin Ince Southern Retail Furniture Assn A. Scott Parker Jr Noble T Allone Metals Amer & Etira Amer Erreeere Amer Betta PHA ccc BI Amer Trust Trust Company Seree Anvil Teewenee Anvil Eree Arnold Iene Company Avianta Ges Atlas Sewing Eereeeeeeeer Bassett Black Panther Blue Ridge Ine CO Ti” Colonial Stores Aoche Cord Vvsee Farrington Mfe Co Franklin Life Insurance Co Oas Prisitar Corp Garfincke Eee Griese Foulpment Guardian Conemre Guardian Coemre Guilford Nat Bank Gulf Cities Gee Ccevercevere Gul Anne Henes Houdey Inne of Aves On Pinante Ee Am Home Insurance Houston Field Material Company Inter Mountain Telephone Brn of Canada Irvine Trust Goupene Jefferson Kerstone Portland Cement Saeteeruee Kingsport Prees Eueee Lew Blower Lenoir Finance Aberty Life Insurance Lite & Casueltyeparamennll Life Companies Inc i 6 Life Inc Co Vireinis Lintern National Life Athium Corp of Amer MacMillan Company Seer Maryland Casualty Maxson Corp Escores McLean Industries McLean Truckine Miles Lab Mississipei Shippine Moore Hendler Hardware National Prana National Life & Accident Ane North Amer Life North Caroline Railroad North Caroline Occidental Life Sm Penn Controle Peninaular Life Penn Fruit Co Placenes Northern RR Piedmont Aviation Piedmont Nature Potash Co Bre Co Pyramid Ineurance Racheich I Reeves Soundcraft Bs Shield Bantam Recurite Life & Trust Otis BS Friend Life Security National Ines Amith Kline Renren Routhern Plastic Pner Trailmobile National Association of Real Estate Boards J. Sturgis May vcKy ST Calla Super Markets High Point, N. C Reke Paul Owen C.la N. Main Prudential Insurance Company of America Mutual Life Inferance Company Home Office Newark New Jersey Sechrest Red Cross Spivey P.O. Box J. W. Sechrest & Son J. W. Sechrest and Son Lewice Main — High Point
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