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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
Jul 26, 1957
Page
9
New York stocks opened with small losses as trading slowed. Chrysler and Bethlehem Steel weighed on early declines despite strong reported earnings for the first half year. some assets fell after investors locked in gains while aircraft makers posted modest gains.
The article details alleged improper use of UTW funds totaling $128 405 by officers Valente and Klewert. It describes purchases including clothing and electronics, loans, and a $57 000 down payment on homes as a concealment tactic. It notes loans from banks and guarantors and cites Skeptical reactions from officials and politicians.
Senate leaders report division over a right to vote measure with Eisenhower pressing for a straightforward approval. Saltonstall predicts a jury trial vote by Tuesday while Russell sees a Tuesday or Wednesday decision. Aiken cautions the result remains near even and notes Republican resistance to altering the bill.
Judge D C MacRae ordered Thelmore White 43 to serve 12 months after pleading guilty to six counts including resisting an officer assault on a cellmate and drunkenness. White appeared with a dislocated arm from jail bunk fall. A 90 day suspended sentence for employment security laws was incorporated. Roy Matthews 35 received four months suspended for five years upon a $50 fine.
The dollar’s purchasing power has declined about 20 percent since the 1947-49 base. Wage gains in June offset some rise in living costs, but overall prices climbed, especially food, with steel and aluminum costs ahead. About four million workers face wage restraint as profits tighten for many businesses.
Former President Harry S. Truman, visiting the Truman Memorial Library in Independence, Missouri, declines autograph requests. He says he cannot sign due to the law against defacing currency, joking that the attorney general would love to jail him.
Foreign Service officer Guy Wiggins argues against deskless offices noting his own desk loyalty. He warns a widespread move to rid desks could topple government structure and contradict plans for a large new State Department building.
Thomas arrived home with his ones this week and remembered one out the redeamp cation cabin 180 miles won Ye jumped back in his car, drove the 150 miles, blew out the lamp and drove back again, his vaca tion finally over.
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