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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 26, 1955
Page
2
New York trading surged as steel shares led a broad market rally. U S Steel opened up 5 percent on 100000 shares at 78, then gained further before easing. Bethlehem Steel jumped before retreating from its peak.
Senate rules consider banning lobbyist access during sessions while clarifying that committees may hold executive meetings but cannot take final action in secret. The House adopts rules extending secrecy to appropriations and budget discussions, with chairmen limited in ejecting attendees. Kirkman introduces seven tax related bills backed by county leaders and state revenue officials.
An odorless greaseless cream called InfraRUB claims to relieve arthritis rheumatism and muscular pains without internal medicines. It is rubbed into the skin to promote blood circulation and warmth with a guaranteed money back if relief is not hours of comfort.
Raleigh Senate Judiciary Committee approved two arrest without warrant measures to clarify a previous Supreme Court ruling. The bills authorize officers to arrest felons or misdemeanants in certain cases without a warrant and require immediate custody pending warrant procedures. A related bill would allow narcotics search warrants and grant Halifax County General Court clerks authority to issue criminal warrants.
Thousands of fish, mostly shiners and catfish, lie dead in the Cape Fear River downstream from Town Creek after dynamite blasts tied to a bridge project. Officials say the toxic effects surfaced days later as fish would drift upstream with the tide.
The House approved an amendment to cut US financial aid to any nation shipping materials to Red China or allowing its ships to carry goods to Chinese Communists. The 409 to 3 vote came after a White House description of broad support for defending Formosa and nearby areas. Sen. Sparkman noted concerns about Quemoy in Formosa defense. Eisenhower linked Quemoy as a key natural approach to Formosa in his message.
Reports say Chinese Nationalists debate withdrawal from the Tachens under U S escort while Yikiangshan air strikes aim to suppress guns. Eisenhower seeks authority to protect Formosa and related positions as Seventh Fleet moves to reinforce off Formosa.
Columbia. Gov. George Bell Timmerman Jr. urged the South Carolina General Assembly to return control of schools to states via a Congress action restricting federal courts. He defended maintaining separate white and Negro schools and pressed for boosting the school bond limit from 100 to 137 million dollars as educational progress.
Sherman Mack Welborn, 45, once of Winston-Salem North Carolina, and a woman companion were found shot to death in Welborn's Richmond apartment. Police tentatively listed the deaths as murder and self-inflicted. Welborn was a father of two and had worked for the Richmond Department of Public Works since April 1950. A note in the apartment requested understanding and forgiveness from family.
Ernest R. Breech, a former Ben Dixon Aviation president and ex General Motors executive, was elected chairman of Ford Motor Co. by Henry Ford II. Breech will share management duties with Ford as the company expands operations. Born in Lebanon Missouri in 58 years ago, Breech rose from a boy working in a family blacksmith shop to a CPA and top executive.
In Welcome North Carolina five year old Claudia Bates awaits travel to Johns Hopkins in Baltimore for diagnosis of a mystery illness that has defied North Carolina hospitals for 11 months. She suffers fever, muscular weakness, rash and swelling. A Lexington fund drive supports medical expenses as her brother Irvin Jr recovers from polio.
Lloyd's Register of Shipping reports that Britain's shipyards are busier than at any time since the Second World War, reflecting a surge in activity and output across major yards in London and other ports.
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