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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

May 10, 1955

Page

8

Stock market drifts in slow trading after mixed start

New York stocks softened in afternoon trading with many majors sagging while a few issues such as copper firms and chemicals held value. Zenith Radio slipped sharply amid general weakness as several big names like General Motors and Union Carbide traded lower and totals neared two million shares.

New York Esterday Zenith Radio U.S. Gypsum Bethledeem Steel General Motors Goodrich Bell Aircraft RCA American Telephone Western Union Weinghouse Electric American Tobacco Climax Molybdenum New York Central Northern Pacific Royal Dutch Petroleum Paramount Pictures Columbia Gas Montgomery Ward Admiral Corporation Alleghany Corp Allied Chemical & Dye Ovcees Chalmers Ssesceeves Seecsessers Avco Manufacturing Baltimore & Onio Bendix Aviation Bethlehem Steel Boeing Airplane Burgin Tn Cnc Calumet Canada Canadian Pacific Curtis Wright Sartaeres Ecoe Aime Delaware Lack & West Eooee Douglas Aircraft Dow Chemical Eeneer Dupont de Nemour Eastern Air Leeeee Electric Auto Lite Firestone General Electric General Foods Glidden Goodrich Rubber Nickel Can Tel & Tel Kennecott Copper Kroger Company Libby Ohio Oil Company Seeeesss Pacific Gas & Elec Penney At Co Eenee Pennsylvania RR Pepsi Cola Csccseves Philco Corporation Phillips Petroleum Pittsburgh Pt Gl Ecssccesecs Pullman Company EUS Ol

Official Canvass On Alderman Form Victory Scheduled

In Rocky Mount North Carolina an official canvass was scheduled today following yesterday's referendum. Voters favored retaining the alderman form of government by a five vote margin. Unofficial returns showed 1 775 ballots cast.

Rocky Mount N.C

Senate Group Sets Tax Plan Details

A senate committee proposes per year figures linking a chain of tax changes. Projections include a 1-20th of 1 percent wholesale rate, 1 percent motor vehicle sales with an $80 cap, and a 3 percent hotel receipts tax. They seek to remove fleet owner exemption and raise premiums from domestic insurers.

Oon Oe Emily

Runoff Needed After City Council Form Fails Majority

Voters backed the alderman form 1 770 ballots cast favoring the council plan. The May 2 election favored the council plan, but yesterday's runoff became necessary because the plan did not reach a clear majority of votes.

Ike Invites Bulganin and Allies to Summit Plans

President Eisenhower invites Premier Bulganin and Prime Ministers Eden and Faure to a staged summit sequence. The plan calls for pre meetings among leaders and foreign ministers to outline an agenda, with no binding decisions. Dulles Macmillan and Pinay expected to discuss details with Molotov in Vienna ahead of a state treaty signing.

Kremlin Dulles Macmillan Pinay Molotov Vienna Washington White House

Eisenhower urges voluntary unity against communism

In a page one address President Eisenhower promotes a “solidarity of partnership” to defeat communism through voluntary cooperation. He cites Harold Stassen as peace advisor and stresses disarmament as essential to real peace. He emphasizes highway,C health, and education to raise living standards while Dulles gains authority for a Big Four session.

Eisenhower Harold E. Stassen Stassen White House Dulles James C. Hagerty

Ike Agrees To Meeting Of Big Four

Ike signals willingness to meet the Big Four and urges evidence of good faith from Russia. He cites an Austrian independence treaty as proof and notes such a treaty may be ready by week’s end. He previously doubted a summit’s value and proposed a lower level foreign ministers meeting first.

Eisenhower

Sykes Will Get Hearing Thursday

Greensboro Leonard C. Sykes Jr. 37, faces a Thursday hearing on aiding in a 77270 embezzlement at Bank of Greensboro. He also awaits trial on federal wagering stamp violations after FBI complaint.

Greensboro Leonard C. Sykes Jr Bank of Greensboro Sykes FBI Ruth Roberts McElvain McElvain McElwain Soda Springs Calif

Mitchum Sues Over Nude Dinner Article

Actor Mitchum sues Confidential magazine for one million dollars alleging a false and defamatory piece titled Nude Who Came to Dinner. The suit names Charles Jordan publisher Robert Harrison editor Howard Rushmore and others at Confidential, claiming the February Santa Monica party story is untrue.

Santa Monica Calif Robert Mitchum Confidential Magazine Mitchum Charles Jordan Confidential Harrison

Week's Search For Boy Ends In Billerica Tragedy

A weeklong search for 2 year old Jackie Colby ended with the discovery of his body along brush beside the Concord River two miles from his home. Police Chief John F. Trainor said the child likely fell from the bridge railing fifteen feet above the water.

Billerica Mass Jackie Colby Concord River John F. Trainor

Also Mentioned on This Page

Standard Oil Ind Standard Oil N.J Esevesseeeckiamh Stevens Sylvania Elec MAS Company Tex Gulf Products Texas Gulf Sulphur Textron Corporation Eccees Trans & Western Air Union Carbide Union Vick Chemical West Auto West Maryland Steccesseccess Peertee Eeeeteee Senate Group Ike Bulganin Vic DuPont Monark Shade Go N. Main Lambeth, Inc Main St Westinghouse LU Myres Paul Kennedy Appliance CO Fileh Point Thomasville Road Czar Broad N. Hamilton Streets Five Strand Bargain Basement Colgate P Ieee Television Sales and Service, Inc N. Man Lyles Chevrolet Co TAR Heel Paving CO Roland Cecil J. F. Moore Cecil Ring-Harris Pharmacy Jarrell Optometrists Church Street Sears Auto Store TEL Serumar and Sons, Ing Ors Johns Manville U. S Ward Street Dorothy Perkin Bargain Basement
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