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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 16, 1955
Page
9
A New York article warns that easy time payments lure families into heavy debt as installment loans grow, with seven million Americans in delinquency and one million overwhelmed by debts. It notes lower down payments, longer terms, and rising delinquencies despite overall stability.
Flue-cured tobacco markets in South and North Carolina reopened sales today amid heavy volume across most markets. Yesterday gains ranged $1 to $3 per hundred pounds with improved quality. some markets reported blocked sales and a small share of nondescript offerings. Last week’s gross was 32,284,319 s for 74,755 pounds, with season averages near $55.57. bid averages included Leaf good lemon 62 and good orange 61 while primers and cutters showed varied bids.
In Arco Idaho residents celebrate the first town illuminated by atomic energy when electricity from a nearby Atomic Energy Commission plant flowed into town. Mayor Ellison and Power and Light officials debate the historic date as isolation and fame mix with local pride.
New York Special reports a new small tablet named Primatene that stops asthma attacks and provides hours of relief. Medical tests show rapid effect and long duration, with broad doctor usage and availability without prescription in easy to-take form.
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