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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 18, 1946
Page
2
Increasing clouds and mild conditions dominate today through Tuesday. Light to moderate rain expected Tuesday, starting tonight in the mountains and spreading elsewhere.
The text argues that earnings growth is generally small and can be absorbed without price increases in many sectors. It notes food processing and petroleum have low labor-cost shares, apparel and similar fields see higher shares but high profits, and metal-using industries face a larger labor-cost impact on prices.
Washington reports total federal tax receipts from all sources at 43.35 billion for last year, surpassing 1944 by over 1 billion. State payments for 1944 and 1945 are listed: North Carolina 862,938,462 and 955,500,744. South Carolina 172,385,968 and 185,069,680.
An official spokesman says no communique on alleged fighting has been issued and the Communist press is the sole source. He notes the government would favor settlement if General Marshal's plan to send truce teams from Peiping’s Sino American headquarters is accepted, but the communists reportedly oppose the proposal.
Goldsboro February 18. General Electric announces opening of a Goldsboro branch to manufacture parts for connections in radio tubes and lamps. J D Evans of Cleveland Ohio will be resident manager. Employment figures not provided.
In Chicago a 16 year old Leighton J. Burham aimed a snowball at a type he called a cram. His mother laughed and suggested the city’s housing shortage as the cause of the odd scene.
A Central Press report surveys rail industry plans to modernize passenger service. Expect 60 to 70 mph schedules with faster New York to Chicago runs, two-day coast-to-coast service, revamped sleep and seating, radios and air conditioning, improved toilets and soundproofing, plus space utilization like Astra Liners and Budgette cars.
Dania Florida hosts the 16th annual tomato festival fight where 17 year old Elizabeth Grant known as Lizzie leads girl teams armed with 2000 tomatoes. Battling Betty delivers a defining throw to help force a draw as spectators cheer the return after wartime suspension. Max Baer watches from the crowd.
In Poplar Bluff Missouri a four room dwelling with running water sold for 1250 while Black River ran high and flooded the area, with murky water reaching a depth described as a mere depth inside the house.
Chester Bowles will speak on CBS radio from 10 45 to 11 p m Eastern Standard Time to outline the administration's new wage price policy and stabilization efforts.
New York trading opened with broad selling pushing key stocks down 1 to 5 points amid no clear news. Major casualties listed include U S Steel Bethlehem Chrysler General Motors Santa Fe Union Pacific Southern Pacific U S Rubber Goodrich Montgomery Ward American Airlines Eastern Air Lines Douglas Aircraft Eastman Kodak Du Pont Paramount Schenley Anaconda American Smelting North American Western Union A.
USDA report shows salable hogs 9 500 with total 17 500 available. good and choice barrows and gilts 14 85 ceiling. sows 14 10 ceiling. Cattle salable 16 000 total 16 300. calves 700 total. market slow to steady. best steers and yearlings scarce with tops near 17 75. most heifers 13 50 to 16 00. beef cows 10 00 to 12 50. canners and cutters 6 00. beef bulls 13 00 to 14 00. sausage bulls 13 25 down. wealers firm. outside 16 00. cattle scarce, active at 13 00.
Potatoes moved with steady prices for top qualities as supplies shift. Idaho and Colorado stocks listed with prices, while demand remains slow. In New York, small runs of print cloths appear against higher ceiling price hopes, wool goods deliveries focus on back orders, and army releases nearly 3.5 million yards of scarce woolen fabrics as rayon movement stays limited.
Senate hearings focus on Pauley nomination to the federal reserve board as president Truman weighs a cabinet reshuffle. Teed up testimony involves Harold Judson and John Ackerman over off shore oil land claims and Pauley’s disputed role in funding discussions with oil interests.
An overweight student voice critiques high school life and offers simple at home exercises to slim the waist hips and legs. The piece suggests ten minutes daily of hip trimming moves and includes a playful note urging readers to request more exercises. It ends with a historical line about the Ford Theatre being dedicated as a national museum on February 12 1932.
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