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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 16 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 13, 1960

Page

5

Uneven, dull trading in New York stock market

The stock market moved unevenly in dull trading with the AP average at noon unchanged at 236.70. The Dow Jones industrial average rose 0.04 to 609.39 as gains appeared in rubbers autos tobaccos aircraft electronics and electrical equipment while nonferrous metals and rails stayed mostly lower. Bonds were irregular as many listed stocks such as American Can American Tobacco Bethlehem Steel Chrysler Corp DuPont General Electric Goodyear Reynolds Tobacco Sears Roebuck United Aircraft and U S Steel traded amid mixed results.

New York Associated Press Wall Street U.S Noon Stocks A Bache & Co American Can Co Allied Chemical & Adams Millis Corp American Tobacco the Borden Co Bethlehem Steel Burlington Mills Chrysler Corp New York Central Cone Mills Corp Carolina Light & 1 Douglas Aircraft DuPont de Nemours Dow Chemical Eastern Airlines Consolidated Edison Eastman Kodak Greyhound Corp General Dynamics General Electric Gulf Oil General Motors Goodyear Tire & Rubber International Harvester International Tel Standard Oil Co Jones Laughlin Steel Johns Manville Norfolk & Western Ray Phillips Petroleum Pennsylvania Railway Pepsi-Cola Procter & Gamble Reynolds Tobacco Republic Steel Sears Roebuck Southern Ray J.P. Stevens Co American Tel the Texas Co Union Carbide & Carbon United Aircraft Corp Westinghouse Electric Co U. S. Steel Youngstown Sheet & Tube F. W. Woolworth Co

Market Quotations From National Dealers Group

The document lists bid and asked prices from the National Association of Securities Dealers and other sources. It explains quotations are unofficial guides to ranges within which these securities could have traded at the time, not actual transactions. The page also notes roads damaged by a storm on September 13 1960 near Wilmington and nearby communities.

Securities Dealers, Inc Com- 19 Askland American Fidelity Life American-Marietta Brackett Co Delferson Standard Life Bevis Shell Homes J. B. Ivey Wil- N.C Mington Bee Corp

Donna Pounds North Carolina Coast With Widespread Flooding

The storm Donna battered beaches from Wrightsville to Emerald Isle, flooding streets with three to five feet of sand at Wrightsville Beach and washing away miles of highway near Bogue Island. Morehead City, Atlantic Beach, and Beaufort suffered severe damage including shattered motels, flooded roadways, and a sunken causeway. New Bern, Elizabeth City, and other inland towns faced power outages and disrupted communications as crews battled downed lines and debris.

Wilmington Wrightsville Beach Kure Beach Carolina Beach Donna Bogue Island Morehead City Emerald Isle Atlantic Beach Beaufort New Bern Elizabeth City

Baby Picture Contest Deadline for 1960 High Point

High Point Parks and Recreation urges parents to submit baby photos by Thursday for the 1960 Baby Picture Contest. As of today 37 entries have been received from the High Point area. Judging will cover prettiest cutest and youngest with the most hair. prizes awarded to winning pictures. Include parent’s name address phone number and baby’s age on the back and mail to Parks and Recreation Department City Hall.

High Point Parks and Recreation Department Parks and Recreation City Hall

Hurricane Strikes Wilmington Area Causing Wide Damage

Guardsman John C Flood, 41, electrocuted as a radio antenna he was repairing was blown into high power lines. North Carolina faces multi million dollar damage estimates as Gov Hodges surveys beaches with Civil Defense officials. Roofs, small buildings, trees, power lines, boats, piers, windows and telephone service suffer widespread harm.

John C. Flood Wilmington North Carolina Luther Hodges

Lumumba Returns as U.N. Air Restrictions Ease

Lumumba bursts back from army custody into Leopoldville as U.N. lifts air traffic limits. Congolese factions clash over leadership while Kasavubu issues arrest warrant and Lumumba seeks radio broadcast but is blocked by U.N. guards.

U.N Lumumba Kasavubu T. Kasavubu Leopold II Leopoldville U. N

Lumumba's Release Triggers Riverside Parade in Congo

Lumumba staged a triumphal procession of military jeeps through city streets with sirens blaring to announce his release. He proclaimed Kasavubu’s fall, then returned to a private residence rather than the official palace, while a cautious public reacted with little enthusiasm.

Lumumba Kasavubu An Fastch Ballee Russia Kasavubul Honolulu Khrushchev

Laymen Hear Talk On World Affairs At Parish House

THOMASVILLE The Laymen's League of St. Paul's Episcopal Church will hear Alan J. Gould executive editor of The Associated Press deliver the primary address tonight. Gould will report Soviet premier's visit to the United Nations and other world events objectively and fully. Bell will speak after supper at 4 36 p.m.

Bell

Dow Jones Averages at Noon Close Report

Furnished by Bache & Co the Dow Jones averages show industrials and various stocks with a noon close across several entries. Trading volume on the listed issue totals 441000 to 2,160,000 with prices ranging around 203.37 to 203.52 and 600.39 to 609.35 for the overall index trajectory.

Bache & Co

Destructive 1938 New England Hurricane Slams Coast

The hurricane battered Connecticut Rhode Island and southeastern Massachusetts killing about 600 and causing 500 million dollars in damage. New York City emptied as Genna veered northward through Virginia Maryland and North Carolina Morehead City NC felt its force as winds and floods closed schools and flooded streets.

Donna Connecticut Rhode Island Massachusetts New York City Genna Tvera Hudson River West Side Highway Manhattan Florida New England Virginia Maryland North Carolina Morehead City N. C

Why join a ten year mutual fund plan with five men

A reader questions the need for a husband to join a five person group investing $25 a month in a mutual fund. At 56 with $11,500 income, $1,000 in savings, and a second car payment, the writer asks why share ownership and custodial fees would differ from solo investing. An investment club could meet monthly, but committing ten years with others offers little advantage.

P.S Colorado Fuel Superior Oil Bristol- Myers General Telephone Murphy Westinghouse Air Brake Texas Gulf

Caution in economy dampens business and shoppers

AP reports that consumer and business caution dampens spending and investment. Retailers pull back on big-ticket purchases while producers trim plans for new plants and equipment. Despite high disposable income, shoppers remain selective and savers delay expansion as inventories sustain supply. Local Civitan groups plan a joint convention in High Point with Claxton cake sales to raise funds.

High Point Civ.o Juan Club Twilight Civi Tan Club Sored Bill Ervin North Carolina Civitaning High Point

Counting Donna Losses Next Move

North Carolina leaders assess the cost of Hurricane Donna with Gov. Hodges directing damage surveys for possible disaster declaration to unlock federal rehab funds. Civil Defense teams and officials evaluate losses. Morehead City reports worse impact than Hazel, but no Hazel-scale overall damage.

Raleigh Donna North Carolina Hodges Federal Civil Defense Agency Morehead City Hazel Highway Department Albemarle Sound Norfolk Southern Railroad Morehead

Indians' Lawyer Hopes For Accord In School Case

DUNN NC AP The Indian parents seek court action to admit their children to Dunn High School amid protests over long travel to an Indian school in Sampson County. Judge Hooks granted a delay for preparation of the contempt hearing as lawyers urged a lawful settlement to allow enrollment and end the dispute.

Dunn N.C Indiana Imayr Plank Lake Hooks Joe Tally Fayetteville Tally Harnett County Dunn High School Sampson County

Fires In Ovens Extinguished

Two ovens caught fire in Thomasville, one at James Copley’s Griffith Street home this morning and another at Jack Cockeran’s Sunrise Avenue yesterday afternoon. Firemen extinguished both blazes with carbon dioxide, causing only minor damage.

Thomasville City Hall James Copley Griffith Street Jack Cockeran Sunrise Avenue

Why God Permits War A Psychical Prospect From Tibet

An advertisement-type feature profiles Edwin J. Dingle, a geographer once near death in the tropics, now touting “the Power that Knowledge” and urging readers to request a free copy of his treatise. It frames his 43 years of work in the Far East and a promised universal health and wealth solution as a spiritual mission, urging mail requests to Institute of Mental Physics in Los Angeles.

England Tibet Ron Edwin J. Din Far East de Cha Mika Eanhday Dingle Institute of South Hobart Blvd Los Angeles Calif

Also Mentioned on This Page

Dee Deadline Radio Milburn P. Akers Chicago Sun Times Robert C. Netson Portland Oregonian Dow Jones Nixon Investors, Guide Sam Daws AP Business News Shulsky City - Beaufort Civitan Clubs Ostrez Wachovia Bank and Trust Company Federal Deposit Insurance Corporation Federal Reserve System
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