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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 11, 1957
Page
9
Stocks show fractional gains and losses around a point as the market trends below year lows hit on Lincoln's birthday. News and retail data fail to spark prices though some sectors like copper oils show partial recoveries. Steel motors and rubber shares remain weak amid tighter money conditions.
Copper, lead, and zinc prices plunged from 55 cents to around 23–25 cents a pound as mine output faltered after 1955–56 shortages. Producers Phelps Dodge, Kennecott, and Anaconda lowered prices while smelters reduced margins. Equities moved unevenly as airlines and industrials posted mixed results. AP index rose slightly at noon.
Manoucher Shojai from Theran Iran, newly married by proxy, did not kiss his bride on greeting citing that kissing is not a Moslem custom. The article notes trial by jury as a Magna Charta point John signed in 1215.
The Dow Jones Averages show data for 30 industrials 409.44 466.65 470.23 20 rail 120.66 120.10 129.93 15 utilities 67.02 67.08 67.04 65 stocks 161 160.75 161.24 Volume 380,000 710,000 1,870,000 The column headers indicate market segments and volume alongside three quoted figures.
Charles Lee Guy Jr. faces murder charges in Los Angeles for the shotgun slaying of Guy F. Roberts, ex advertising executive. His father, Charles Lee Guy Sr., a North Carolina solicitor, seeks to defend him in California with plea of innocence by reason of insanity. Trial set for Oct 14 term. police note intoxicated state.
Members of the Jamestown Garden Club in Greensboro met at Mrs. Paul Davis's Dillon Road home. New member Mrs. George Johnson was voted in. The club planned workshops for January February and March with photos taken for the scrapbook. The next meeting will be hosted by Mrs. Charles Whiteley with Mrs. H. R. Gillespie as associate hostess.
New Zealand is recorded as an original member of the League of Nations, joining the international body at its founding. The entry marks New Zealand’s early involvement in global diplomacy and collective security efforts.
The report notes Old Belt Leaf priced at 54.93 with quality from low to good. Middle Belt offerings were mostly light with some poor quality. Eastern Belt varied from light markets to raised prices as earlier estimates show flue cured tobacco production in North Carolina up 2.3 percent from August. forecast 615,275,000 pounds with per acre yield about 1,392 pounds.
The earliest homes in Salt Lake City were laid out within a fort like enclosure, forming a protective wall around the settlement. The arrangement reflected defense needs and a communal living plan in the early town.
Mrs Harry Hawthorne spoke on Basic Principles of Flower Arrangement to the Dried Arrangement Club at 533 Gatewood Ave yesterday. She urged simplicity harmony pattern and blending with few flowers. Hostesses Mrs Monroe and Mrs Kearns served 19 guests while Mrs O W Thomas presided. The club scrapbook won a blue ribbon and plans were made to sell pansies and bulbs for fundraising.
Baltimore residents received a brief message of encouragement from water engineer Bernard Werner after heavy rains. He announced the end of previous water-use restrictions on lawn watering and washing automobiles.
A light earthquake was felt at 10 04 p m in San Francisco in the Sunset district. No damage was reported. Police said the temblor drew fewer phone calls than a jet plane sonic boom felt here last week.
Follows program in Raleigh North Carolina listed Sen W Kerr Scott for brief remarks. When his turn came Scott said I feel happy to you here today you are see me then he sat down.
In Waco Texas former German rocket scientist Robert Lusser now a guided missile reliability coordinator says man will never reach the moon. He argues we are approaching the limits of human endeavor.
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