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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jan 20, 1957

Page

5

Union tactics shift after regional hosiery defeats

The American Federation of Hosiery Workers withdraws election requests among knitters in High Point Asheboro and Burlington signaling a strategic retreat as defeats and mill closures ripple through Southeast recruiting efforts. The downturn follows 1955 labor strife and boarder unions’ poor performance, with segregation and civil rights debates quietly influencing Southern labor.

American Federation of Hosiery Workers Asheboro Adams-Millis Corp Randleman Asheboro Mills Diamond Hosiery McCrary Mills High Point Burlington Five Mills

Week's Stock Market Decline Marks Eight Month Low Point

The Associated Press stock average slid to 176.00, down 5.50, marking the worst weekly setback in eight months. Declines were aided by the Moscow declaration on Near East protection and weak auto and steel demand amid tight money hints from the Federal Reserve and budget concerns. A generally nervous market saw no clear advances this week with mixed midweek results depending on the index.

ED Morse New York Associated Press Near Middle East Egypt Moscow Pooore Federal Reserve Board Eisenhower Humphrey

Toll costs rise as juries award bigger verdicts in New York

A Judicial Conference of New York State chart shows a steady climb in average jury verdicts. For 1940-41 the average verdict reached 3490 dollars, reflecting higher personal injury awards as highway tolls also increase.

Judicial Conference of New York State New York

Liability Insurance Costs Rise As Awards Go Higher

A New York feature traces rising liability insurance costs tied to larger jury awards and explains how big judgments shift premiums. It notes a 230 percent rise in awards since 1940, with 15 year average claim settlements up from under 400 to about 8500, and highlights a $400,000 verdict later reduced.

New York Thomas MecDermitt New York Supreme Court John Harriet Doe Harriet

Also Mentioned on This Page

Chicago Lamp Promotions Co E. Russell St Julian Josephson Jefferson Robert H. Koonts Jefferson Standard Life Insurance Co Greensboro Koonts University of North Carolina BR. H. Koonts Bar Association American Business Club Guilford County Morehead First Presbyterian Church W. Bruce Thorburn High Pointer Lithium Corporation of America, Inc Bessemer City Kroger Joe F. Gravley Mt. Airy Gravley Lions Club Vernon Mumpower West Virginia U. S. Department of Commerce By Joe Brown Kingsport Press Aerotron Ee Lau Air Con Liberty Life Ins and Finance Ees Cement Life & Casualty Ins Aia Amer & Efi Life Companies Inc Amer Hosp Life Ins Co Amer Marietta Eter An Life Ins Investors Amer Mar Sete Amer Trust Co Lithium Corp of Anvil Lane Star Steel MCKY Arnold Stone Co MacMillan Atlanta Gas Light Maxson Corp Atlantic Steel Melean Indus Terres Atlas Sewing Centers McLean Trucking Miles Lad Auto Finance Bank of America Miss Shipping Sheers T's Bassett Furn Moore Hand O's Decigonta Cannon Mills Butler's Ohio State Life Peninsular Life Oswego Falls Corp Caro, Casualty Inc Penn Contraig Penn Fruit Co &Y Century Food Penn Fruit Loneseeeer Certist Diesesterner P & N Ratlroa Chatham Mfg Central Tel Co al Pied Aviation Eeeee Colonial Stores Piedmont Nail Gas Postal Life Ins Co Colonial Amer Ce Public See Co Collyer Wire Pyramid Life Ins Commercial Nate Rawleigh J N See C Wealth Fe River Rice Mills Reeves Soundcraft Delta All Hee Schiela Am Fife & Tr Astics Cain Zonolite Co Iz 4 Prudential Paul Owen C.L.A N. Main ST THE Prudential Insurance Company Marvel Life Insurance Company Home Office Newark New Jersey Pepsi-Cola General Textile Enna $ Company Carolina North Carolina Electronic Acct P Card Corp Sturgis Security Bank Bldg Paul Bunyan Sociackads New England Life Insurance Co NEW England Mutual Life Ins. CO N. C George D. Davis C.S.A George P. Clark N. Main S A Howard A. Vaughn New England Mia Lufe A Cynthia Lowry Nat M. Harrison, JR Penn Mutual Life Insurance Company Washington St Telephone Vincent Bosworth High Pont Savings and Trust N. Main S. Main Member Federal Deposit Insurance Corporation
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