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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 01, 1957
Page
2
New York stocks drift in a light trading session with mixed results. Oil shares advance modestly as Cities Service climbs on discovery news in Oman. Richfield and others edge higher while US Steel and Bethlehem slip marginally.
Cotton futures opened higher by 30 cents with mixed moves across key shares. The report lists prices for American Can, Allied Chemical, Bethlehem Steel, General Motors, U S Steel and many others, including Dow Chemical, Eastman Kodak, DuPont, Goodyear, Phillips Petroleum, and Union Carbide.
Knowland cites AFL CIO opposition to a jury trial provision in the civil rights bill while labor leaders including John L. Lewis push for the amendment. Senate session planned tonight with possible vote looming in coming days, though Knowland doubts timely agreement and predicts defeat.
Mon Friday hours 8 A M to 10 P M. Small s TV Service advertises trained technicians and a contact number 71912 in Hamilton area.
Dow Jones averages furnished by Barke & Co show figures for the day with closing, midday and range values. Trade volume is listed for several intervals, reflecting overall market activity.
New York reports American business profits up 4.5 percent in the first half of 1957 with 588 corporations earning a total of 5.703 billion dollars. Oil companies lead with a 17.2 percent rise, while nonferrous mining and textiles show declines.
Rep Abbitt chairs a House subcommittee as South Carolina growers report disturbing complaints about flue cured tobacco varieties. Lawmakers seek to probe alleged collusion between Agriculture officials and big buyers, with farmers receiving half-price supports and fear of retribution.
State officials from the Board of Control and the Board of Medical Examiners met in Raleigh to find common ground on employing foreign doctors in the state mental hospitals. The clash arose when examiners declined to renew licenses for foreign doctors trained at non AMA approved schools, risking loss of 19 physicians. Governor Hodges discussed the issue with leaders as a deadline loomed.
Hoffa, a Teamsters vice president, travels from Detroit to San Francisco as a constitution committee reshapes the charter and proposes a structure with the president under an 11 member vice president driven executive board. He cites strong West Coast local support and predicts a Miami convention decision.
GREENSBORO Post 2087 VFW adopted a resolution deploring the appointment of Capus M. Waynick as state adjutant general. The group urged Gov. Hodges to reconsider. Waynick, former ambassador to Colombia and Nicaragua, will replace Maj. Gen. John Hall Manning whose resignation takes effect Aug. 18. The resolution described Waynick as a 68 year old nonmember with no military experience or recent military interest.
A Coast Guard helicopter rescued New York climber Mrs. Richard Noyes in a diabetic coma after she collapsed on a Cascade meadow 23 miles northeast of Lake Chelan. Lt. Cmdr. D. W. Defreest piloted the 150 mile flight from Port Angeles to the scene and she was flown 100 miles to Seattle for hospital care.
Governor Hodges said the Waynick civilian pick for adjutant general came from a concept of finding a good man, not politics, and noted a $2000 pay raise to about $11,000. He discussed the appointment with National Guard officers and denied plans to merge Civil Defense and the Adjutant General Agency.
The three day event gathers about 600 singers dancers and instrumentalists to revive pioneer songs and dances with starting time around sundown as the annual festival gets under way.
White House notes that the Small Business Administration lacks authority to issue new loans and 1.2 thousand employees must stay on the job if funding is approved. Defense Department payrolls for 1.25 million civilians and 2.8 million military personnel are also in doubt without new spending. The situation may force internal fund shuffling while the Senate debates.
In Ithaca New York Cornell University hosts a whistling swan and its swain as a romance unfolds after a prior tragedy. A swan from Philadelphia Zoo had been arranged to visit last fall but escaped a baggage car in Bethlehem Pennsylvania and was killed by a taxi. The current arrival is a gift from William Smyth of Yadonville New York who raises swans.
A Houghton man advertises in the Daily Mining Gazette to recover his lost pants from Bete Fris in Michigan's Upper Peninsula. He mentions a wallet was in the pocket and does not specify how the garments were lost.
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