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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 02, 1955
Page
5
A Kiplinger Washington excerpt surveys postwar growth, noting higher birth rates, larger families, and aging demographics. It forecasts continued fertility gains, rising marriage ages around 20 for women and 24 for men, and a surge in school enrollments and housing demand with a big housing boom expected in the early 1960s.
Atlanta report cites Henry G. Riters 1955 forecast of up to 5 percent more goods produced than 1954 with higher employment and wages. He lists tax relief and reduced federal costs as conditions for sustained growth and calls for tax, government role, and transparency reforms to support industry.
Twins born at Davis Hospital in Statesville. A 6 pound 8 ounce girl arrived at 11:57 pm to Mrs. Russell Lee Eller of Salisbury. Twelve minutes later a 7 pound 10 ounce boy followed, as the new year began. Mother and babies are healthy. The Eller family has five other children ages 4 to 18.
In El Paso Texas a cemetery sponsored bowling team refuses a sign urging bowlers to patronize their sponsor. Five members reportedly oppose the plea saying perish the thought.
North Carolina Department of Revenue reports October to November sales and use taxes show a 14 percent rise in the furniture group. Total collections reached $501,978, with furniture stores at $30,643, household appliances $89,202, radios and musical instruments $21,572, and fixtures $21,972. Wholesale furniture rose from $2,874 to $2,944.
Leo Heer, manager of the High Point Furniture Market, predicts 1955 will be the year of the Big Blend combining modern and traditional furniture. The winter market runs January 17 to 27 with governors Hodges and Stanley attending a new 10 story Exposition Building addition dedication. About 6,000 retailers expected. sales may rise 5 to 8 percent over 1954.
Five prominent High Point business leaders predict a solid but cautious 1955. They foresee continued Southern industrial growth with no tax relief and possible state tax increases to cover defense and public needs.
Milton K. Rubin of Mellon Mirror & Glass Co. says 1955 outlook is strong despite a plate glass shortage driven by auto and TV production. He notes basic demand will rise, but styling and merchandising will drive mirror sales as glass makers may fail to meet demand.
A 58 year old grandmother, Beatrice Deegan, chased an armed robber from her sporting goods shop in Newark New Jersey yesterday. She shouted Get out, you bum and later questioned if the risk was worth it. She said insurance and the register held the money.
London readers hear a physicist advise how to test if engagement rings contain real diamonds. Dr Mary Waller suggests touching the stone with carbon to hear a squeak or see fog produced by carbon dioxide vibrations.
In Norfolk James Andrew Washington Scam burglarized barefoot after admitting he could not earn enough money by honest work. He faced 16 felony charges, including 14 felonies and 2 attempts, on a plea of guilty. A former $5,800 annual estimator planner at the Neca Air Station, Fi Evans, was sentenced to 0 years in prison. Police traced him after he left his shoes at a scene.
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