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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 25, 1956
Page
5
A sluggish New York session saw a mixed start with most leaders off by about two points. Gains from some sectors faded into small declines amid Suez, tight money, and political jitters, while the Dow subindex rose slightly on a cautious trading day.
The Dow Jones averages show mixed readings with industrials around 487.70 and utilities near 1700. The report lists several sector figures including price levels and volumes, noting a total trading volume across multiple categories around 600,000 to 1,840,000 shares.
New York open shows December near 34.00, March and May around 33.9 and 33.6 respectively. Stocks listed by markets include American Can, Reynolds Tobacco, Bethlehem Steel, Ford, General Electric, Standard Oil, and various industrials with mixed gains across sectors.
American business leaders weigh options to cut dependence on the Suez Canal as talks with the United Nations loom. They foresee higher shipping costs and push to build giant oil tankers and freighters, though steel shortages slow progress.
Prison guards from North Carolina aided the search for three escapees in Wise County near Artesial Well Hollow. The group eluded capture after jabbing guard Fred Honeycutt with a pitchfork and taking his weapons and ID, then abducting Leland Scott of North Carolina and driving off in his car. The escapees are Wayne Joyce, Dayton Watts, Herman Patterson, and Gilley, all facing lengthy sentences for multiple felonies.
Cyprus rebels detonated an electrical bomb against a British army patrol on a desolate highway in western Cyprus. One soldier died and three were seriously wounded, with two more lightly wounded as the attack marked the third British fatality in three days and the 46th since EOKA began its campaign 18 months earlier. The method used shows remote detonation from a distance. Local press also reports the British exiled a 28 year old farmer his wife and their infant child.
Stevens Bible Class will meet Wednesday at 3 o clock with Mrs. W S O Neal at her home 213 Maple St Mrs A G Carson will be leader Molly Phipps Class meets tonight at Calvary Methodist Church with Miss Madie Sexton at her home 622 Cable St the meeting is scheduled for 7 2 p m
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