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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jan 21, 1951

Page

5

Defense orders pour into U S factories amid rapid production

Production surges as defense contracts flood U S industries in January. Steel output hits a record while automakers and textiles expand plants. Labor shifts rise with 2 million workers expected to move to defense work and 400,000 more farm workers needed. Inflation pressures grow as prices rise and margins tighten.

Richard Fiske Liscy New York Macy Washington Jis Charless E. Wilson Office of Defense Mobilization Ie Aan Wilson Cadillac Motor Car General Motors Chrysler Corp Army Navy United States Steel Corporation National Steel Corporation Wheeling Steel Corp Steubensville W. Va Westinghouse Electric Corp East Pittsburgh LS Capmelly Ohio Edison Company Niles Tobin Federal Security Agency Truman Defense Robert G. Goodwin John L. Lewis Bureau of Labor Statistics

Security Quotations From Historical Ledger List

A dense catalog of security quotations lists numerous companies and bonds with percentage figures, including American Enka Corp, American Marietta Co, Atlanta Gas Light Co, and Chase National Bank. The fragment resembles a financial ledger or bond quotation page with multiple issuers and yield ranges. It names insurers, manufacturers, rail, and utility firms, showing varied yields from around 2% to the mid-50s in places, reflecting a historical market snapshot.

Alabama Mille American Enka Corp American Marietta Co American Trust Co Yn & Pro Atlanta Gas Light Co Auto Finance Co Pfd Bank of Manhattan Bassett Furn Industries Bausch & Lamb Co Sivalis & Bryson Baewecce Ins Co Shelby Buffalo Eclipse Corp Butler's Inc Butler’s Inc Cannon Mills My Carolina Casualty Ins Caro Min Tel Co Care Pow & Lt Co Carolina Tel & Tel Co Chad Hos Mills, Inc Chad Hos Mills Chase National Bank Cable Dairy Colonial Stores Inc Ae Colonial Come Mille Creamery Pie Mfg Co Dan Riv Mills Esncee Ge Erwin Mills Imc Frmst Dairies, Inc Com Frmst Dairies St Garfineckel Julius & Co. Inc Garfinckel, Julius & Co Garfinckel Jute A Inc Gordon Foods Hanes Irving Ivey Jeff St Kellogg Kingsp Life & Lone Lucky McBee Monum Moore Moore Morgs N.C Occid Ohio Oswet Penin Peopha Piedmo Robert Rose Seaboard Security Solar al Southern Airway Southern Wending Mills Spindale Mills Standard Stoker Co State Loan & Fin Corp Stonecutter Mills Saco Lowell Talon, Inc Taylor Foods Tenn Gas Trans Eecea Textiles, Inc Tidewater Power Co U. S Del Warner & Sw Weat Point

Closing Stock Quotations Summary of Selected Industrial Names

Market report lists closing quotations for Adams Admiral Alaska Alleghany Am Can Am Car Fdy Air Reduction AT&T Anaconda Arm & Co Boeing Airpl Borden Borg Warner Briggs Mfg Budd Calumet Can Dry Can Pac Cannon Mills Caro P&L Caterpil Tr Champ P&F Ches & O Packard Penn-Dix Penn RR Pepsi Philco Phillips Pet Pitt Ser&B Pullman Pure Oil Radio Rem Rand Reynolds Sears Socony Vac Sou Pac Sperry Std Brands Std Oil NJ Stevens Stewart Warner Studebaker Swift Tex Co Tex Gulf Prod Tex Gulf Sul Textron Timken TransAmerica Union Pac United Airs United Fruit US Steel Vanadium Va Caro Chem Warner Pict West Mary Woolworth Zenith Radio and others with varied percentages.

Adams Admiral Corp Alaska Alleghany al Chem & Dye At&t Arm & Co At&sf Packard Penney JC Penn-Dix Penn RR Philco Phillips Pet Pitt Ser&b Pullman Pure Oil Radio Reynolds B Sears Socony Sperry Cal Ind Oil NJ Stevens JP Stewart Warner Studebaker Swift Tex Co Tex Gulf Tex Gulf Sul Textron Timken TransAmerica Trans & West Air Union Carbide Union Pac United Airs United Aire United Corp United Fruit US Pipe Us Rubber ST US Smelt & Ref US Steel

Margin raise by Fed Board reverts to four year levels

The Federal Reserve Board lifts stock margins to 75 percent, restoring levels from four years ago. Buyers and short sellers must post 75 percent of a stock trade, up from 50 percent, signaling a tighter cash based market. The move is seen as a final blow to a controversial Chicagoan figure seeking Exchange membership.

OPA Philadelphia Hotel Association Quaker City Federal Reserve Board Secretary of Treasury Snyder New York Stock Exchange New York M. S. Szymczak Reserve Stock Exchange

Political move and stock market credit today compared to past eras

A political forecast discusses the market's use of credit with about 987 million to brokers and 577 million in other loans, totaling roughly 95 billion in market value on exchanges and 25 billion off, yielding a cash-like ratio near 114 cents per dollar. It contrasts 1929 and 1932 credit levels, notes bank loans, and references a debate over a War Council and stock exchange leadership. It ends with a reflective civic message to voters.

Stock Exchange

Revival Begins Tonight At Cedar Street Church

The Cedar Street Church of the Living God opens a revival tonight led by Rev. S H Peters with evangelist Rev. G W Swain of Statesville. Local and visiting singers provide special music as services run nightly through February 4 starting at one oclock. Public is invited.

Cedar Street Church

Snyder offers 2.9 percent E bonds amid inflation fears

The Business Mirror discusses whether holding or cashing 1941 E bonds is best as inflation and defense spending affect purchasing power. It notes a 2.9 percent accrual rate if held ten more years, compares returns with other savings, and explains impact on Treasury costs and institutional demand.

New York At Treasury Snyder Treasury Echo Treas Treasury Bonds

Women Army Corps Drive Expands in Third Army Area

The Army authorizes doubling the Women’s Army Corps strength in Pees Tagen area as Third Army stations launch a new WAC recruitment drive. Eligible women aged 18 to 35, high school graduates, single with no dependents under 18, will train at Fort Lee Virginia and then be assigned to 300 potential roles. Col Mary M. Pugh notes broad opportunities both domestic and overseas. Local recruitment office is on the second floor of the post office building with interviews Tuesdays and Wednesdays led by MSgt Richard Burpe.

Woman's Army Department of the Army Pees Tagen Auane Third Army Fort Lee Mary M. Pugh WAC WAF Women’s Air Force Richard Burpe

Also Mentioned on This Page

Nash Lee Cio Bee Eee Ee Alcoholics Anony Mous East South Alcoholics Anonymous Telephone Companies Joe Stalin United States America North State Telephone CO High Point Thomasville Randleman Ceilucot Ite Ins Co .Aeer Ithrn Rwynt Ion All Fashion Co Amer d Gas Co Bankcraft Curt Win A del Lack & W Doug Aire Dow Chem DuPont Eastern Airs Eastman Kod Emerson R&p Elec Auto Lt Firestone Elec Gen Mot Gen Foods Gillette Glidden Goodrich Graham Paige Goodyear Gt Nor Ry Pi Hud NY Cent North Amer Nor Pac Otis Eley Ohio Oil Pac G&e Detroit Leslie Gould Exchange Winchell Hitler Stalina Gov Lehman War Council Paul Revere Church On Cedar the Business Mirror By Sam Dawson Ben Franklin Balanc
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