New England Textile Firms Move Toward Stability
New England cotton and synthetic fiber firms shift away from wage setting to improve employment and income stability and to better compete with Southern mills. Leaders caution it is early to predict outcomes, while noting past contract parity helped raise national worker standards and that foreign competition remains a risk.
MENTIONED IN THIS ARTICLE
New England
Sullivan
Switzerland
New York
South
United States
Stocks tumble to new lows on heavy NYSE trading
A broad stock selloff sent prices to fresh lows for 1952 with losses exceeding $1 billion in market valuation. Rails led declines with General Electric Du Pont and Firestone among notable losers as volume spiked and high speed tickers lagged.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
General Electric
du Pont
Firestone
Studebaker
Chrysler
General Motors
Texas & Pacific
New York & Harlem
Rock Island
Delaware & Hudson
Lackawanna
Louisville & Nashville
Illinois Central
Denver & Rio Grande Western
Major Firms in 1930s Market Listings Highlighted
A list of prominent companies including American Can American Car American Tobacco Atlantic Coast Line Baltimore and Ohio Bendix Bethlehem Steel Boeing Aircraft General Electric Goodyear Gulf Oil Tr central and others appears as stock price focus. The fragment emphasizes industrial giants and financial activity across varied sectors.
MENTIONED IN THIS ARTICLE
New York
American Can
American Car & American T & T
American Tobacco
Atlantic Coast Line
Baltimore & Ohio
Bendix Aviation
Bethlehem Steel
Boeing Aircraft Borden
Briggs Mfg
Cannon Fly
Chrysler
Coca Cola - Colgate
P-P
Continental Cz
Curtiss-Wright Douglas Airer
DuPont
Eastern Air
Eastman Kodak
General Electric General Goodrich
Goodyear
Gulf Oil
Tr. Central
Interchemical Corp
International Harvester International Nickel International
Johns-Manville Packard
Paramount Pic
Draft Board Calls Five For October Induction
The local draft board released nine registrants for contact and announced an October induction quota of five men. Eight registrants are 3-A and forms mailed and returned. two delinquent cases may be listed if not resolved. The October induction leaves October 12 with no pre induction calls this month.
MENTIONED IN THIS ARTICLE
Ethel Kirkman
David H. Calloway
Bobby Joe Alexander
Nathan C. Hoover
Jerry Dan
George H. York
Johnny R Idine
Lloyd A. Joyce
Kirkman
William Jr
Samuel M. Reavis
Seven New UHF Stations Promised For Carolinas
The FCC announced plans to license seven new ultra high frequency television stations in the Carolinas. Proposals add 35 UHF channels to existing allocations in Asheville Durham Fayetteville Goldsboro Charleston Florence and other cities with comments invited by October 13.
MENTIONED IN THIS ARTICLE
Somme
Ae Commission
North Carolina - Asheville
Durham
Fayetteville
Goldsboro
South Carolina
Charleston
Florence
Durkin Resigns as Labor Secretary in Political Row
Democratic leaders accuse Eisenhower of appointing Durkin for expediency. Kilgore calls Durkin’s idea an ambassadorial move while Morse labels the administration anti labor. The piece argues the 1954 election as pivotal for American workers amid these tensions.
MENTIONED IN THIS ARTICLE
Asaileam
Eisenhower
Sullivan Seeks Prison After 13th Arrest
Robert E. Sullivan 21 told Sabor Court Judge Samuel Mentz he preferred prison to the reformatory after a 13th arrest for auto theft. The judge imposed a two to five year prison term, noting his prior reformatory experience.
MENTIONED IN THIS ARTICLE
Hartford
Conn
Robert E. Sullivan
Sullivan
Subor
Samuel Mentz
Reformatory
Mellitz
Wilmington Soldier Missing In Korean Prisoner Exchange list
The Defense Department released a list of 126 Americans who did not appear in the Korean prisoner exchange and for whom it seeks strict accounting. Among those named are Pvt. Frank Worley of Wilmington and 2nd Lt. James N. Parker of Columbia, South Carolina.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
Frank Worley
Sam Worley
Wooster St
Wilmington
N. C
James N. Parker
John Parker
Richland St
Columbia
Weather Forecast Update
Low tonight 4 degrees and high tomorrow 84. Today’s high 81 and last night’s low was 0. Sunset today at 6 34 p m and sunrise tomorrow at 6 0 0 a m.
Insurance Charter Granted Amid Farm Bureau Dispute
The North Carolina Farm Bureau Mutual Insurance Company received a state charter to write insurance for Farm Bureau members. Ohio firms operating in North Carolina protested, challenging Secretary Thad Bure's issuance and appealing to Wake Superior Court. Insurance Commissioner Waldo Cheek cleared the charter but has not yet ordered a cease.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina Farm Bureau Mutual Insurance Company
North Carolina Farm Bureau
Thad Bure
Farm Bureau Counies
Columbus
Ohio
North Carolina
Farm Bureau
Pany
Waldo Cheek
Wake Superior Court
Cheek
Ohio Companies
Farm Bureau Organization
Durkin Quits Administration Over Labor Stance
Durkin announces resignation from the Eisenhower administration citing a broken agreement and a failure to take a stand on the TH law. He plans to return to head the 200000-member plumbers union today, prompting talk of a Republican successor unlikely to be a union man.
MENTIONED IN THIS ARTICLE
Taft
Campui
State of the Union
Eisenhower
Soares
Durkin
Plumbers Union
Conatlen
Official Denies Probes Whitewashing Sheriff Story
Asheboro officials deny quoting Chairman S. G. Richardson about whitewashing the sheriff's department in a probe conducted over a year ago. Richardson admits talking with a reporter but says the sheriff's department was not mentioned. Local police also report the arrest of Odell Rich Jr., 31, on nine counts of breaking and entering and related larceny after burglary at a golf range office and nine other sites.
MENTIONED IN THIS ARTICLE
S. G. Richardson
Sheriff's Department
Richardson
Sheriff’s Department
County Board of Elections
Oce
Seagrove
Odell Rich Jr
Rich
Randolph County Declared Disaster Area by President
Randolph County farmers heaved a sigh of relief as Gov. Umstead asked President Eisenhower to declare the county a disaster area. Nine Tar Heel counties were listed for drought relief after a seven week heat and pasture burn, forcing dairymen to stall feed to maintain milk production.
MENTIONED IN THIS ARTICLE
Randolph
Umstead
Eisenhower
Tar Heel
Eleven Tar Heels On Way Back From POW Camps
Eleven North Carolinians freed from Communist POW camps travel home aboard the Marine Phoenix. The list includes Pte Ira Alston of Albiston, Louisburg. Pfc Hermon Aycoth of Walnut Cove. Cpl Dallas Barnes of Rocky Mount. Cpl Lemiah Buckam Jr. of LaGrange. Pfc Pharis Green of Forest City. Sgt Thompson Morse of Morehead City. Pfc Ancil Roten of Wilbur. Pfc Thomas Simpkins of Washi. Sgt Marvin Albemarle.
MENTIONED IN THIS ARTICLE
San Francisco
Marine Phoenix
Ira Alston
Louisburg
Hermon L. Aycoth
Walnut Cove
Dallas L. Barnes
Rocky Mount
Lemiah Buckam Jr
Lagrange
Pharis Green
Forest City
Thompson Morse
Morehead City
Ancil A. Roten
Wilbur
Thomas J. Simpkins
Washi
Marvin Albemarle
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William F Sullivan
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CIO Textile
New
New Bedford
Emil Rieve
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Ieeee
Ures
Penney
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Pally Mac Od
Reynold Tobacco
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Sears Roebuck Southern Co
Southe
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