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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 25, 1951
Page
5
Industry faces labor unrest wage freezes and price controls as production expands and defense orders rise. Textiles lose ground amid strikes and shortages while steel and aluminum cuts aim to conserve for defense. Prices drift and stock markets pause under tax bill controversy.
Fort Lauderdale Florida February 24 Velman M Yeager a 41 year old farmer had his thumb reattached after a motorcycle collision with a car An alert motorist found the severed thumb and brought it to the hospital where Yeager arrived minutes earlier The physician reported the reattachment as showing good results In other notes 1950 infant mortality fell below 30 per 1 000 births in the United States and mentions industry output Also a line about the Amazon river length is included
Closing stock quotations listing numerous corporations across industries including Am Can Am Pow Atlas Pow Boeing Airpl Cont Can Cont Mot Chrysler Colum G&E General Mot Goodyear Goodrich IBM not shown. Leaders include Int Tel and Tel Kennecott Lockheed Motorola Nat Biscuit Union Carbide US Steel Westinghouse Woolworth and Zenith Radio with varied percentage changes across listings.
A dense list of securities with prices and percentages from diverse issuers including American Enka, American Marietta, Chase National Bank, Colonial Stores, Foremost Dairies, Garfinkel firms, Garlock Packing, Genuine Parts, Home Insurance, Kellogg, National City Bank, Old Line trackers and more. The document records current yields and trading figures across industries such as textiles, utilities, food, and manufacturing. Though fragmented, it reflects a broad cross section of mid century corporate equities and bonds.
The annual North Carolina composers contest sponsored by the State Federation of Music Clubs closes March 1. Open to current residents or natives of North Carolina. Prizes totaling 150 dollars awarded for top compositions. Entries must be sent to Mrs. Arch Baylor in Baltimore by the deadline.
The Business Mirror reports 72 major U S companies show 1950 after tax earnings up 33.5 percent from 1949 with total earnings for 1950 at about 698.4 million dollars versus 2.02 billion in 1949. Rubber, chemicals, steel and oil lead gains. taxes and inflated inventories color results.
Members of the High Point Wildlife Club will meet Monday night at 6:30 at Blair Park club house for a barbecue supper and business session. President Mark Taylor announced. Field biologist Dave Thornton will show a motion picture produced by the State Wildlife Resources Commission.
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