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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

May 08, 1957

Page

2

Union leadership pose questioned by NAM official

Charles L. Sligh of the National Association of Manufacturers says union leaders feign concern for the worker while opposing free choice on union membership. He responds to AFL-CIO chief Meany who charged the Chamber and NAM with posing as friends of labor amid right to work debates.

New York National Assn. of Manufacturers Isa Charles L. Sligh The NAM U. S. Chamber of Commerce Afl-Cio George Meany Meany Friends of la Bor Chamber

Channel 26 Schedule Note for Lune Tear 45 Hero Fight

A TV guide entry notes a 60 minute program with Ray Burke at 10 30 tonight followed by news weather and sports and a late sign off. no further program details are given.

Lune Tear Ray Burke

Stocks Edge Higher as Rails and Aircraft Lead Gains

New York stocks opened modestly up with rails and aircrafts showing strength and some oils advancing. Metals weakened with Bethlehem Steel among the weak spots as news of closed open hearth furnaces weighed. The Associated Press index stood at 181.50 with rails leading the gains and oils like Gulf Oil rising sharply.

New York Pennsylvania Road Baltimore and Ohio Illinois Central and Southern Railway Douglas United North American Boeing General Tire Peninsular Telephone General Telephone Peninsular Bethlehem Steel Lackawanna N.Y Gulf Oil Associated Press

Dow Jones Averages at Noon and Close

The Dow Jones averages show 20 industrials at 494.74 at noon, 495.12 at 1 pm, and 494.68 at close. The 20 rails stand at 147.45, 147.62, 146.58, utilities at 73.18, 73.98, 73.1, and 65 stocks at 173.73, 173.90, 173. Volume totals: 380,000 at noon, 1,010,000 at 1 pm, 2,300,000 at close.

Bache & Co Sevsees

Cotton futures steady with small gains and market movers listed

Cotton futures opened unchanged to a 15 cent gain per bale with May at 35.31, July 35.10, October 33.87, March 33.97, and May 33.97. Major stocks include Dow, Eastman Kodak, General Electric, IBM, and Reynolds Tobacco among others with varied percentages. Industrial shares show gains and losses across DuPont, Boeing equivalents, and utilities in today’s market roundup.

F. W. Woolworth Co Carolina Light & Power Douglas Aircraft DuPoint de Nemours Dow Chemical Eastern Airlines Consolidated Edison Eastman Kodak Greyhound Corp General Dynamics General Electric Gulf Oil General Motors Goodyear Tire & Rubber International Harvester International Tel Jene Johns Manville Loew's Inc Phillips Petroleum Pennsylvania Railway Pepsi Proctor & Gamble Reynolds Tobacco Republic Steel Sears Roebuck Southern Ry J. P. Stevens Co American Tel. & Tel the Texas Co Union Carbide & Carbon United, Aircraft Corp Westinghouse Electric Co U. S. Steel Youngstown Sheet & Tube

Bigger Dividends for Stockholders in 1957 Quarter

Business Mirror reports American stockholders received more in cash dividends in the first quarter of 1957, with total payouts around 2.0 billion dollars, up 2 percent from 1956. NYSE-listed firms led gains, paying about 2.124 billion, up 5.1 percent, while 349 issues paid more than last year and 59 paid less.

Sam Dawson New York Commerce Department New York Stock Exchange the Exchange Magazine

Eisenhower Appeals for Support in Congress on Key Programs

The White House plans a direct appeal to the public for Eisenhower's legislative proposals amid GOP differences. Senators Saltonstall Kennedy Hill Douglas Aiken weigh in on potential impact and the upcoming White House conference with leaders of both parties to discuss foreign aid and other measures.

Congress White House Eisenhower Sen Saltonstall R-Mass GOP Kennedy D-Mass Hill Ala Tye Douglas D-Ill Aiken R-Vi

Swiss land court rejects Goldsmith complaint in closed session

The Swiss supreme court rejects Goldsmith’s complaint in a closed session and may publish its reasoning in two or three weeks. It allows Walder to imprison him up to 10 days or fine 300 francs if he again refuses to reveal his news sources. AP New York editor Frank J. Starzel defends the decision, stressing journalist source confidentiality and Goldsmith’s responsibility to his informant in the espionage inquiry.

Land's Supreme Court Goldsmith Walder New York Frank J. Starzel Switzerland Michael Goldsmith

Also Mentioned on This Page

Wfmy-Tv Greensboro Sly Thorebreds Dayton Tires Hughes Tire Service, Inc North Main WEBTV Charlotte, Chi Nnel Thomas Wsls-Tv Roanoke Petersen Wsjs-Tv Winston-Salem Ernie North Main ST Wtob-Tv Wunc-Tv Chapel Hill Channel Kennecott Bache & Son American Can Co Allied Chemical & Dye American Tobacco Co the Borden Co Burlington Mills Chrysler Corp New York Central RR Cone Mills Corp Dow-Jones Business Mirror Oor THEAT Lawless Technicolor Starreg Kevin McCarthy Dana Wynter Thomasvill St.louis Forrest Tucker Mara Corday High Tn Remn Plary Richard Donald O'Connor Buster Keaton Bill William James Cagney Humphrey Bogart Angels With Porace Wasmmevnas Judy Holiday Richard Conte News and Cartoon Otm Lee Lizzie Eleanor Parker Richard Boone Ccrescen Drive High Point Thomasville Road 20Th Century-Fox Paramount Audie Murphy Fort Petticoat CTE Modern Living Guilford Tobacco Warehouse Greensboro Junior Chamber of Commerce Preston Foster Sheila D'Arcy Stephanie Foster Kenne Duncan Eddie Dean Ingstar Ol’ Rebel Pecos Pete Bob Poole Rhonda Fleming
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