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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 08, 1948
Page
3
Dominican central bank governor J. M. Troncoso reports that more than half of the conversion from American dollars to the new Dominican gold pesos has been completed since the bank began Oct 23, 1947. About 26 million dollars circulated, with 15 million converted in two months and a strong reserve above 100 percent.
Associate Justice Sam J. Ervin Jr. filed a $75 fee to run in the May Democratic primary to retain his seat on the State Court. Appointed Jan 30 to succeed Michael Schenck who retired, Ervin will serve until next November and must complete Schenck’s 1942 to 1950 term.
Charlotte real estate dealer Manley R. Dunaway announced his candidacy for the Republican nomination for representative from North Carolina's 10th district. He sent a $100 filing fee to Raleigh. Incumbent Rep. Hamilton C. Jones plans to run again. Dunaway and P. C. Burkholder previously ran in the last congressional election.
A larger safer nylon parachute designed for naval aviation has been ordered to replace the 25 year old standard. The rip-stop parachute features a 28 foot diameter, waffle weave with cross threads every quarter inch to prevent tearing. Tests show reduced opening shock slower descent and added safety in high speed bailouts.
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