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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 15, 1951
Page
19
Raleigh March 15 A state revenue subcommittee faces about 460 million dollars to distribute among agencies with highways and streets needing 600 million. Members work long hours to balance demands and aim to report late this week, acknowledging some programs will receive less than requested.
Advice on growing early and late cabbage varieties for year round supply. Recommends Early Wakefield and Danish Ball Head, spacing 18 inches by 2 feet, with lime around stems and a cabbage maggot protection slit. Suggests rotating crops and four plants per person to meet family needs.
The piece analyzes the Treasury and Federal Reserve feud over term government bonds, noting a sharp fall in long term bond prices and higher yields as the Fed withdraws support. It criticizes policy moves, cites Marriner Eccles, and highlights collateral effects on cotton, tin, and defense-related markets.
A government slump prompts a treasury reversal on interest rate policy as officials reassess the impact on borrowing costs and economic stability. The move signals a shift in approach to monetary guidance and market expectations.
Duke University engineers host the nineteenth annual Gadget Show in the Engineering Building with demonstrations of electrical, mechanical and civil devices. Visitors may view a laboratory thundercloud and a high frequency hot seat hot dog cooker. The two day event runs Friday and Saturday from 2 to 10 pm with free admission.
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