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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Aug 30, 1956

Page

6

Solid State Physics Spurs Corporate Research Rewards

Curiosity about internal solid matter drives heavy funding as labs expand. Solid state physics aids product advances like the transistor and solar cells, with National Carbon, Bell Labs, and U.S. Steel expanding facilities to probe metals, electronics, and chemical processes.

New York National Carbon Parma Ohio Bell Telephone Laboratories U.S. Steel Pittsburgh Pacific Ocean Siberian W. R. G. Baker General Eelectric Syraluse

Market declines on broad front amid Suez tension

Stock market slipped in early afternoon trading as oils and chemicals led losses and major names such as Gulf Oil, Royal Dutch, Bethlehem, Allied Chemical and DuPont fell about 2 to 3 percent. Trading volume centered around 1.7 million shares with oil and tech advances noted.

New York Mediterranean Gulf Oil Royal Dutch Bethlehem Allied Chemical DuPont Goodyear United Aircraft International Nickel Caterpillar Union Carbide Bache & Company American Can Co Allied Chemical & Dye Adams-Millis Corp American Tobacco Co Bethlehem Steel Burlington Mills Corp Corp New York Central AR Cone Mills Corp DuPont de Nemours Dow Airlines Consolidated Edison Eastman Kodak General Dynamics General Electric General Motors Goodyear Tire

Dow Jones Averages and market figures report

Financial page shows Dow Jones Averages with industrial, rail and utilities indices. Closing values around 493.50 to 500.90 for industrials and 68.01 to 68.46 for utilities, with rail at about 159.03 and 160.01. Volume reported near 1.18 million shares.

By , Bache & Co Vetween Tp.m Close AO Industriala

Suburbs Vote on Annexation to Fayetteville

In Fayetteville North Carolina one suburb Tokay with about 300 residents approved annexation 46 to 36 while Owens Village area on the south side rejected the move 114 to 47. Fayetteville population was 34715 in 1950 with several later annexations.

Fayetteville N.C Tokay Owens Village

Violence Flares At School in Tennessee Standoff

Washington court tentatively cited John Kasper for contempt over his actions during a tense rac ial standoff at Clinton schools. Kasper, blamed for stirring unrest, planned a White Citizens Council and a courthouse speech while Clinton officials sought Kasper’s jailing for violating a restraining order.

John Kasper Washington, D. C Clinton Knoxville Kasper

North Carolina Receives Millions in Federal Support

The congressional session ended last month approved 2.741 million for flood control navigation and water resources in North Carolina. It includes Yadkin and Neuse basin studies and a Cape Fear survey planned soon. Six million for drainage of floodplain areas. social security act changes add 17.5 million annually in public assistance. Agricultural research funds rise 22 percent with nearly two million dollars allocated to North Carolina.

Scott North Carolina Yadkin River Neuse Cape Fear Federal

Markets Closed Labor Day

New York markets and U.S. and Canadian exchanges will be closed Monday September 3 for Labor Day observance. Financial markets pause trading and related services suspend operations for the holiday.

New York Financial United States Canada Labor

Postmaster Applications Open for Spartanburg District

The Civil Service Commission announced that applications will be received until September 25 for the postmastership at Spartanburg D C. The position pays seven thousand seven hundred thirty dollars a year. Names of applicants are usually announced about a week after the final date.

Washington Civil Service Commission Spartanburg D.C

Also Mentioned on This Page

By Sam Dawson US. Steel Telephone American Cyanamid Santa Fe iEastern Airlines City Hall Dow-Jones Washington ST Jly Super Drug Store NO S$ Main ST Dvance N. Main ST Thomasville Naka Uoht Rick Stand Tabor Day Labor Day Ford-Chev Duke Cordovan OFPAY
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