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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 20, 1946
Page
2
Washington reports that Washington and Moscow failed to reach agreement on a postwar atomic plan. Baruch and Gromyko clashed over veto rights and the timing of international control, signaling a tough uphill path despite calls for goodwill and broad backing by major powers.
Officials note a potential opening if Gromyko’s plan allows negotiation on the veto issue. They warn that UN punitive action is blocked by the permanent veto of the great powers, complicating any treaty to ban atomic armaments. Diplomatic observers doubt Washington will accept a disposal treaty while retaining current stockpiles.
Conferees split over Trieste with Italy favored by the United States and Yugoslavia pressed by the Soviets. A minor economic clause was agreed to protect Italian nationals and property in ceded areas, while reparations talks with Russia remained unresolved and on today's agenda.
Bowles argues that a strong anti inflation bill is needed to maintain stable prices and rents beyond June 30. He warns that a weakened act risks rising costs, labor unrest, shortages, and public confusion over amendments that could erode price controls. He warns against meat and dairy ceilings ending and outlines five dangerous amendment types that could undermine OPA and create half authority between agencies.
Certificates of incorporation filed in Raleigh show R A Metal Furniture Company of High Point to manufacture furniture. Authorized stock 1,000 shares. Three shares held by R. P. Royer, J. G Armstrong and Nancy G. Royer, all of High Point.
Medieval salt cellars were often elaborate pieces of craftsmanship showcasing skilled metalwork or ceramic artistry. These table accessories reflected social status and taste, with designers crafting intricate shapes and decorative motifs for noble households.
Modest bids formed in today's market with rails and industrials leading gains while many blue chips fell. Notable gainers included Baltimore & Ohio Northern Pacific Great Northern Southern Railway Southern Pacific American Telephone Texas Co Standard Oil (NJ) Montgomery Ward Goodyear Public Service of N J. Declines appeared for New York Central Pennsylvania Du Pont Union Carbide Philip Morris U S Gypsum Westinghouse American Can North American and Electric Power & Light.
In New York on June 20, cotton futures opened lower by 15 cents amid thin activity. Midday quotes showed July at 29.31 to 29.36 for October and December contracts, with no major market moves in dry goods as buyers waited on the price control bill.
USDA reports demand and activity in the North Carolina Irish potato market were slightly better but dull. Prices ranged from 2.15 to 2.25 per 100 pound sacks, with some higher bids for cobbiers. Of 161 cars shipped yesterday, 92 went to the government purchase program.
USDA salable hogs 2 500 with total 53 000 active and steady. Barrows and gilts 14 48 ceiling. Sows 14 10 ceiling. Early clearance. Salable cattle 3 500, total 4 500 calves 30, total 500. General market steady to 25 lower. steers, heifers, and sausage bulls mostly 26 lower. choice steers and heifers steady, activity weaker than Wednesday. Eastern shippers slower. 22 loads steers and yearlings 18.00, bulk 17.00-18.00. Cows draggy, weak to lower. vealers 17.00 down. Stock cattle scarce.
The bill set a $100 million fee subject to house action, projects an average Army strength of 1,279,000 for the coming year with 1,070,000 on June 30, 1947. National Guard and reserves totals appear alongside ROTC enrollment and proposed funding, with full base construction funding for Alaska, the Marianas, the Philippines, Hawaii and Okinawa. Eisenhower stressed a desire for friendship with the Soviet Union.
After an all day coast search in the Jewish metropolis, five officers remain missing with six total believed kidnapped by Irgun Zvai Leumi. Maj. H. B. Chadwick and a British nurse in Tel Aviv were still missing. Also noted, over two million gas ranges in the United States run on liquefied petroleum gas.
Washington talks on extending the draft continue as Senate and House members meet behind closed doors to resolve how long selective service should run after July 1. The impasse centers on whether 18 year olds may be inducted, with debates over exemptions and deployment limits pending.
Wyatt signals own program to speed up aid for ex service men as he presses a premium payment plan amid wage concerns. The government moves to subsidize brick housing from this month to next June, costing 10 to 15 million dollars, while plywood regulations authorize higher prices with RF C reimbursement for meeting production targets.
Gromyko urges a round robin convention to place atomic energy controls under global custody as delegates discuss sharing control. Quo Tai-Chi offers to surrender the veto if others follow, with Britain Canada Brazil and Mexico broadly approving Baruch plan while Britain withholds commitment. No comment on the Russian plan. War of 1812 era salt priced at five dollars a bushel.
Washington reports highlight Hardy D. Smith leaving as director of the budget bureau for a tax-free $22,500 post at the International Bank for Reconstruction and Development. Critics note low government pay drives talent away while lawmakers debate raises across departments and posts.
In Frankfurt Germany on June 20 the U S army European provost marshal office said there may be new arrests soon of persons suspected of receiving the Hesse family jewels. It noted all accused principals in the multi million dollar theft are already under arrest.
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