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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 12, 1958
Page
5
The report notes mixed moves in stock and bond markets with advances in some sectors and profit taking in others. It highlights gasoline price changes, tobacco and poultry movements, and varied farm prices for broilers, fryers, and produce in North Georgia and Atlanta markets amid uneven demand.
Market reports from Thomasville and Albany Georgia reach to Dothan Alabama and Jacksonville Florida with bids on barrows gilts and sows. No. 1 No. 2 190-240 lb steers and heifers shown with prices around 22.00 to 23.28, mixed grades and weights noted. Chicago receipts quoted at 22.50 to 23.78. North Georgia cattle in Rome Atlanta and Athens show steady to higher bids for stockers calves and slaughter steers.
Cotton futures started higher with gains around 1.95 per bale but profit taking and hedging pulled most deliveries below the prior close. Late afternoon quotes ranged 40 cents lower to 45 cents higher. July 86.16 Oct 86.62 Dec 38.85.
The Senate debates federal union regulation with Goldwater Knowland and others drafting amendments while Labor Secretary Mitchell warns changes may undermine current law. Senator McNamara, a former union official, says the bill could fail to reach a vote as numerous amendments threaten an impasse. Kennedy and Ives suggest concessions may be possible to move the bill.
A fiery Air Force T33 crash in a rainstorm near Ponca City Oklahoma killed Mrs Cora Harman 68 and two officers from Vance Air Force Base Enid Lt Robert E Irons 1st and Charis Poulos 2nd, a Grand Island Neb student. Irons taught Poulos at Vance. Harman’s body was thrown from the house when the explosion occurred. Dick Harman was in the yard driving toward the garage as the plane struck the home about 10 p.m.
The House splits along party lines to decide how much of Eisenhower's defense reorganization plan to approve. GOP leaders push a compromise between the committee bill and Eisenhower backed changes, while Democrats largely insist on the committee bill and stronger executive authority over services.
Washington—Francis E. H. Walter of the House Un American Activities Committee walked out of a conference with Cyrus Eaton after Eaton compared the United States and Germany. The meeting followed Eaton’s May 4 TV remarks alleging FBI and other agencies engage in snooping and creeping up on people. The committee has issued a subpoena for Eaton and may formalize its action after Wednesday’s discussions. Eaton said he would discuss federal secret police and sub rosa activities if summoned.
Georgia textile officials blasted the U S House of Representatives for not curtailing the President’s powers in the reciprocal trade program. The House approved a five year extension of those powers, while supporters praised Georgia lawmakers for backing the Simpson Dorn Davis bill and warned of harm to American industry and jobs.
A terse 24 hour patrol fatality summary notes several highway deaths and injuries. Officials reported multiple incidents with no further details available.
Boston industrialist Bernard Goldfine says one of his companies paid hotel bills for Sherman Adams and Mrs Adams. He denies Adams used influence with officials on Goldfine’s behalf and calls Washington allegations an irresponsible attack on his name and Adams.
Hong Kong AP reports that Chinese Communist leaders are being turned into professors as indoctrination increases in universities. Peping radio says many Central Committee members and provincial and municipal secretaries have accepted professorships, marking the first time high political leaders themselves take teaching roles.
Cairo First Methodist Church awarded Watt Building Material Co. of Thomasville a $24,538 contract for air conditioning and new heating. Tribble Lee Warren of Jacksonville are project engineers. Installation aimed by August 1 as part of a $60,000 church improvement program with a lighting contract expected soon.
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