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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 11 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 05, 1950

Page

5

Coal Settlement Ends Steep Industrial Decline

The coal strike's settlement halts one of the era’s sharpest business declines as 575,000 UMW workers end a month long stoppage. The agreement raises costs across industries, with steel, autos, and other sectors facing higher input prices and potential inflation, while production edges back toward normal levels and unemployment shifts.

G. A. Phillips New York United Mine John L. Lewis Mid-West Chrysler American Airlines General Motors Ford Canada

Changes in Officers and Board at Consolidated Caribou Silver Mines

The article reports changes in the officers and board of Consolidated Caribou Silver Mines Inc amid a public stock offer at 1.25 per share while insiders pay 1.23. Boris Pregel and Alexander Pregel are central figures amid immigration and inquiry probes. Donald Nelson becomes president with board shifts including R J Reynolds Jr. and Pregel’s lawyer. The piece questions fairness of offering to the public and potential conflicts if prior subscribers are excluded.

Colorado Consolidated Caribou Silver Mines, Inc Boris Pregel Alexander Pregel SEC Henry Wallace Immigration Department Washington House Un-American Affairs Committee Russia Wallace Donald Nelson Brois Pregel Pregel R. J. Reynolds, Jr Nelson Sears Roebuck War Production Board Charles FE. Wilson General Electric Wilson Don Nelson

Security Quotations and Prospective Offering Details

The piece notes unofficial bid and asked prices from NASD sources dated 3/2/50 and warns the stock is not suitable for public sale. It highlights the Pregel brothers' holdings totaling 321,000 shares with Boris and Alexander shares, their cost basis, and a $1.25 public price. It questions the company’s lack of operating history and the prospectus claims.

National Association of Securities Dealers, Inc Ecompany Pregel

Profits Dip in 1949 Despite No Tax or Price Control

National City Bank of New York reports 1949 earnings across 2127 companies totaling 6.3 billion dollars, down 9 percent from 1948. Manufacturing profits fall in most groups while some sectors such as food chains and public utilities rise, with inflation easing and spring outlook favorable.

Sam Dawson New York National City Bank of New York Lotoutos

Clothing prices in London soar for middle class in 1950

An International News Service survey of London retailers shows average middle-class men paying about 75 for clothing in 1938 prices, now costing nearly two and a half times as much. Women face similar rises with stockings, nylons, dresses, coats, and fur items dramatically more expensive.

London INS Provinces Milady

Red Pilots in Middle East Report Alleges Ccominform Training Agents

Yugoslav anti communist sources claim Ccominform is training agitators and spies to penetrate Turkey and Turkish areas of the Middle East. They say centers operate from Bur gas Bulgaria near the Turkish border with Omar Szehu as head and hundreds employed, including Turkish refugees and Russian Kurds recently assigned.

Geneva INS Ccominform Turkey Middle East Burgas Omar Szehu Moscow Bulgaria

Closing Stock Quotations From Adams and Major Firms

A list of closing stock quotations across numerous companies and sectors. Includes percentages for Adams, Air Reduction, Alaska Juneau, Alleghany, Allied Chem & Dye, Allis Chalmers, Am Can, Am Car & Fdy, Am For Pow, Am Pow & Lt, Am Rad & St S, Am Smelt & Ref, AT&T, Am Tob, Anaconda, Armco, AT&SF, ACL, Atl Ref, Atlas Pow, Avco Mfg, Baldwin, B&O, Barnsdall, Bendix Aviation, Beth Steel, Boeing, Borden, Borg Warner, Briggs Mfg, Budd Co, Calumet & Hecla, Can Dry, Can Pac, Cannon Mills, Caterpillar, Ches & O, Chrysler, Coca Cola, Colum G&K, Com Credit, Consol Edison, Cont Can, Curtiss Wright, Davison Chemical, DuPont, Eastman Kodak, Firestone, Freeport Sulfur, Gen Motors, Gillette, Goodyear, Goodrich, General Electric, IBM, Kennecott, Kroger, Libby, Lockheed, Loews, Lorillard, Mack Truck, Mont Ward, Nash Kelvinator, Nat Biscuit, Nat Cash Reg, Nat Dairy Prod, Nat Dist, Nat Lead, NY Central, Otis Elevator, Pac G&E, Packard, Penn-Dixie, Pepsi Cola, Phillips Pet, Pitt Ser & B, Pullman, Radio, Rand, Reynolds, Sears, Socony Vacuum, Southern Pacific, Southern Railway, Sperry, Swift, Texaco, Tex Gulf Prod, Textron, Timken Det Ax, TransAmerica, Union Carbide, Union Pac, United Air Lines, United Fruit, US Steel, Vanadium, Westinghouse?

Adams Avco Baldwin B&o Barnsdall Bendix Caterpil Tr Champ P&f Ches & O Chryster Coca Cola Colum G&k Consol Curt Wright Curt del Lack & W Doug Aire DuPont Fastern Eastman Roc Firestone Freeport Sul Gen Klee Cen Foods Gillette Glidden Goodrich Goodyear Graham Paige Gt Nor Ry Slupp Corp Til Cent Int Harvest Nick Can Tel & Tel Johns Manville Kennecott Kroger Co Libby O F Gl Ligg & Myers Lockheed Loews Lorillard Louis & Nash Mack Mont Ward Murray Corp Nash Kelv Nat Biscuit Nat Cash Aviat North Amer Nor Pac Ohio Pac G&e Packard Penney J C Penn Dix Penn RE Peps! Cola Phillips Pet Pitt Ser & B Pullman Pure Ot KK O Nem Rand Repub Stevens JP Stewart Warner Studebaker Swift Tex Co Tex Gulf Prod Tex Gulf Sal Textron Timken Det Ax TransAmerica Trans & West Air Union Carbide Union Pac United Aire United Corp United Fruit Imp US Pipe US Rubber US Smelt & Refay Us Steel Va Caro Chem Vick Chem Warner Pict West Mary

Housing Officials Report Few Redevelopment Agencies

The national association of housing officials says fewer than 25 cities have separate redevelopment agencies under the 1949 housing act to administer slum clearance. About 70 percent of local redevelopment agencies are housing authorities, with concerns over administrative difficulties when merging roles. Minneapolis financed startup with 25,000 dollars and a special tax to fund clearance projects, repaid by later tax levies.

Chicago INS National Association of Housing Officials Th Association Housing and Home Finance Agency Association Minneapolis

Curb Market Becomes Jacksonville Unskilled Labor Spot

In Jacksonville Florida a curb market forms each morning at a street corner where many men gather with lunch boxes. A truck arrives with a shouted number and some men board, others wait, then the process repeats until jobs are filled or men disperse by mid morning.

Jacksonville Fla

Revival of Spring Garden Tours Expands Georgia Count

Atlanta reports a revived spring garden tour program across 14 Georgia cities running through March and April. The tours, suspended in 1941 by war, resume with gardens at peak beauty starting March 2 in Thomasville Rose Gardens, aiming to draw many visitors. Georgia seeks to match rivals in promoting homes and gardens, noting Alabama Natchez Garden Pilgrimage and Charleston Middleton Gardens as notable precedents.

Atlanta Ins Georgia Dixie Thomasville States Bellingrath Gardens Alabama Mississippi Charleston S. C America

Judy Garland Offered 14000 Per Week for Palladium Show

Judy Garland has been offered fourteen thousand pounds weekly to perform at the Palladium in London next summer. The payment would be made in British pounds, with the contract seeking a summer engagement.

Hollywood INS Judy Garland Palladium London

Also Mentioned on This Page

Preger Boris Alexander Acre al Alloys Alabama Mis W.ccesceve American Enka Corp Amer LaFrance Foamite American Marietta Co American Trust Co Atlanta Gas Lt Co Auto Finance Co Bank of Manhattan Bassett Furn Industries Bausch & Lamb Oo Black Stralls & Bryson Blue Bell, Inc Rseeveses Blue Ridge Ins Co Shelb Tee Eee Buffalo Belt Co Butler’s, Inc Com Butler's, Inc Cannon Millis Cerolina Min Tel Co Car Pow & Lt Co Dan Riv Mills Ran Riv Mills Pfd Dixie Home Stores Douglas & Lomason Drexel Furn Co Ecssccces DuMont Labs Allen B Dun & Bradstreet, Inc Edison Garfinckel, Julius & Co Inc Garlock Packing Co Gordon Foods, Inc Hanes, P. HH. Knitting Co Seeses Tear Home Finance Co Ween Home Insurance Co Hotels Statler Houston Olild Mail International Cellucation Irving Trust Co Cook Ivey, F. B.& Co Jett Ltd Life Ins Co Kellogg Co Kingsport Press Life & Cas Ins Co Tenney Long Bell Lumber Co McBee Company Eeeere Gs 'Maj Finance Co Monumental Life Ins Co Moore Handley Hdw Mooresville Mills Morganton Furn Co Munising Wood Pdds Co Peoples Savings Bank & Trust Co Os Piedmnt & Northern Textiles, Inc Thiokol Corp Tidewater Power Co Towmotor Corp Ll“ Sneer United Transit Ay Victor Products Corp Wachovia Bnk & Trust Co TR Warner & Swasey Co West Point Mfg Co Wilmington Savings & Trust Co Tenner Business Mirror High Point Enterprise Circulation Department National Industrial Conference Board Bureau of Labor Statistics NICB Ene. and Otis Elev Judy Services Night Depository Trust Service Member Federal Deposit Insurance Corporation
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