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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 23, 1958
Page
5
The U.S. gold supply continues to shrink but at a slower pace as foreign demand shifts with rising U.S. exports and improving imports. Analysts note higher yields on U.S. securities and renewed confidence may curb gold outflows, while foreign reserves respond to a stabilizing dollar.
The market shows profit taking driving a retreat from record highs with the Associated Press average slipping to noon at 191.80. Industrials and rails fall while oils chemicals and drugs gain. Major automakers ease amid labor talks and mixed sector moves reflect renewed demand during weakness.
Kennecott Copper officials continued an inventory check at the Garfield Utah refinery to determine how much gold is missing with Ira K. Hearn acknowledging some metal is missing but the value cannot yet be estimated. Secret Service agent Grube said no definite shortage has been established and Hearn dismissed a radio estimate of three million dollars as ridiculous. CHURCH WOMEN MEET Wilmington NC The 46th annual meeting of church women of North Carolina's Presbyterian Synod opened in Wilmington with Dr. James A. Jones among the speakers.
Detroit reports that Buddy Leon Cole, 15, died from a self inflicted stomach wound at Highland Park General Hospital. Police say he whispered to Chief Schulz this is the only way I couldn't go on any longer after moving from a rural home to the city two weeks earlier.
Carlysle A. Bethel of Winston-Salem NC advanced from vice president to president of the American Bankers Assn Trust Division at the ABA annual convention in Chicago. Bethel is vice chairman of the board and senior trust officer of Wachovia Bank & Trust Co.
A woman describes severe rheumatoid arthritis and related rheumatic conditions and offers free information on her relief method. She provides contact in Jackson Mississippi for those seeking details.
Adams resignation triggers mixed reactions as Eisenhower accepts the move with sadness. Gruneth gruenther named as potential successor while Republicans breathe relief and Democrats press for a timely response amid corruption attacks ahead of the November election.
A survey of housewares manufacturers shows color preferences for 1959 trends yellow pink turquoise white red green blue black and copper. A Naples census reports 184508 married women vs 181885 married men. The Philadelphia Inquirer notes surgeons to discuss Channel 3. Six ratings services exist for radio TV audiences. Advances in plastic surgery allow rejoined fingertips. Bleeding finger should be wrapped and cleaned, tourniquet only. A joke about sponge cake and a bride is shared. Snobbery on cigarette crests and Italy’s State Undersecretary for Entertainment are mentioned. Lord Macau lay quoted on providence and world riders. Thoughts while shaving follow.
An advertisement touts Stainless Pazo suppositories and ointment as a non surgical solution for swollen piles. It promises immediate pain relief, reduced itching and swelling, and faster healing with a triple action formula. It urges purchase at druggists and offers a money back guarantee.
A neighbor’s cookout plan leads to a dispute over hot dogs, then a selection of homely maxims from the Old Farmer’s Almanac. The notes joke about counting hot dogs and introduce saying about sparrows, muddy water, straw tails, and mules. It clarifies that a mule is a horse and donkey hybrid and mentions a hinny.
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