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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 26, 1950
Page
5
A demoralizing coal shortage grips the United States as the United Mine Workers and coal operators clash. Unemployment climbs toward 5 million, rail and power services suffer, steel mills cut output, and car production slows amid rationing and dispatch delays.
A handsome white elephant has been selected for presentation to King Phumiphon at the April coronation. The animal met strict color size and beauty requirements after over a month of searching in northern Thailand, according to the ministry of interior.
The phrase showing the white feather is tied to gamecocks signaling surrender by raising their white edged hackles, a practice noted in the Encyclopedia Britannica.
United Nations estimates global blind population at seven million, a figure comparable to New York City’s residency. The note highlights scale and alignment with major urban populations.
Unofficial quotations list bid and asked prices for multiple stocks and bonds as of 2/23/30 from the National Association of Securities Dealers and other sources. Names include Alabama Mills, American Enka, Chase National Bank, Colonial Stores, Dan River Mills, Edison, General firms and banks with varied percentages and bond figures.
The Commerce Department reports about 60 000 fewer firms today than a year ago with new capital expenditures shrinking. Failures rise in postwar firms especially in retail. many shut downs reflect normal competition and end of the expansion, while new starts slow since 1946. New York shows a drop in incorporations from 1948 to 1949.
New York and New Jersey track Dr J F Wright over Palomino Gold Mines Limited while California Ohio Michigan Wisconsin and Nebraska pursue cease and desist orders. The firm offered 10 shares at 10 dollars with a bonus, citing Noranda McIntyre Beck Hughes and Hudsons Bay. Albert Edward de Palma linked to Novell Porcupine Mines faces mail fraud and SEC charges. bail set then forfeited after skipping.
Listed closing stock quotations cover Adams Exp to Youngs with percentages. Firms include Air Reduction Alaska Alleghany Am Can AT&T Anaconda Arm & Co. AT&SF Caterpillar Chrysler Coca Cola Colum G&E Consolidated Edison General Electric General Motors IBM? No. The list names many corporations and percent changes, reflecting market quotes for a financial page.
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