Cotton futures open five cents lower in New York
New York cotton futures slip five cents to 30 cents per bale as traders weigh market signals. Separately, the United StatesEmploy 13,700 foresters nationwide, according to latest counts.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 12, 1956
Page
2
New York cotton futures slip five cents to 30 cents per bale as traders weigh market signals. Separately, the United StatesEmploy 13,700 foresters nationwide, according to latest counts.
New York stocks moved up at midday with steels and aircrafts driving small advances after Eden’s Suez Canal report. The Associated Press index rose 20 cents to 182.40 with industrials up 60 cents and rails up 20 cents as many major names posted fractional gains or small declines.
Channel 2 WFMY Greensboro lists daytime schedule with Brighter Day at 3 15 Secret Storm at 3 45 Got A Secret at 4 00 plus later Cop Rangaree and Test Pattern noted for Thursday evening slots 6 45 and 8 00.
Local listing for WEBTV Charlotte shows daytime and early evening programming on channel 3 including Brighter Day at 3:0 and Secret Storm at 3:18 followed by Edge of Night 3:30 News 4:00 Fashion Fair and later Weatherman 4:45 Vespers 7:0 Pransie Laine.
A garbled timetable lists several names and times such as Wing Dong Sence 30 Band Bianc 7:00 and Ariene Francie 16:00. Other entries include Could Be You 11:30 and Romper Room 13:00 with unclear context and several unreadable tokens.
The Dow Jones Averages tables show industrials around 502.38 with a 501.31 close and utilities near 68.48. Volume traded is listed between 719,000 and 1,060,000 shares.
Eden argues Nasser’s action on the Suez Canal is seizure not nationalization, saying it deinternationalizes the world’s key waterway. Churchill reportedly entering the Commons to back the government as Eden defends policy.
North Carolina Middle Belt sales reached 2,021,690 pounds with an average of 53.51 per 100 pounds, down from opening day by 79 cents. Eastern Belt sold 11,623,100 pounds at 51.97, down 1.58 on the day. South Carolina and North Carolina Border markets moved 8,324,778 pounds at 55.12, down about 2 million pounds and 1.72 lower on the day. Prices by grades were steady to higher on Middle and Eastern markets and off up to 4 on the Border markets. Monday sales totaled 5,351,474 pounds at 54.30, up 2.37 from opening day last year.
The Civitans met at the Sheraton Hotel where President Reese Felts heard reports from committee chairs on junior civitans finance year book projects entertainment inter club constitution publicity attendance membership and program. Sub chairs for the fruit cake sales project were announced and new member Bob Michael was welcomed with Wade Cecil as guest. Attendance prizes went to Dr. Jack Hunt and Rob Burton.
The Guilford County Young Democrats Club executive committee will meet at the Sheraton Hotel at 7 p.m. Tonight to lay plans for fall and winter. John Haworth of High Point, newly elected club president, says discussion will include the party’s presidential nominees. Haworth was elected at a Greensboro rally last Friday night.
At a raucous Fort Worth convention Sen. Price Daniel gained control of the Texas Democratic Party after Lyndon B. Johnson and Sam Rayburn spoke in support. Daniel secured the post by a 1006 to 69 margin, vowing to back Adlai Stevenson and Estes Kefauver in the general election. The gathering featured protests over seating and internal divisions, with Johnson and Rayburn urging unity and a call for a special legislative session to implement primary voter choices.
The Clara Cox Apartments recreation center will operate on a limited fall schedule starting Monday. It opens 10 to 12 for children ages 4 and under with play and singing supervised by Center Director Mrs. Bernice Wallen and assistant Martha Bowie. Fall and winter programs will follow.
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