HOLIDAY GREETINGS
' Headquarters for
UNION-MADE MERCHANDISE
BELK-STEVENS COMPANY
"SHELBY'S SHOPPING CENTER"
SHELBY, NORTH CAROLINA
SEASON'S GREETINGS
Finer FuD Fashioned
Hosiery Co.
Manufacturers of
STAR GUTTER
NYLONS
Pincvilli Rood Rural Rout# No. 3
CHARLOTTE, NORTH CAROLINA
Holiday Greetings To All
i
■ Greco River Mils, Inc.
FINE COMtED YARNS
Tuxedo, N. C.
t__
Urges Probe Of Coal
Price Increases Soon
Washington.—Senator Joseph C.
O'Mahoney planned to aak Con
gress to call officials of U. S. Steel
Corp. and other steel companies
“to lay the case on the table” for
what he feels are unjustified price
increases averaging 4 percent and
$4 per ton.
U. S. Steel announced the in
crease, claming it is necessary to
cover writer pension costs de
spite the finding by President Tru
man’s steel fact-finding board that
the cost of the pension system
could be absorbed by the companies
without further price increases.
“United States Steel . is doing
njore harm to the American econo
mic system than all the crackpots
have ever done,” Senator O’Ma
honey said. He is chairman of the
joint congressional committee on
the economic report.
The price increase averages about
4 per cent for most steel products,
and Benjamin Fairless, president
of the corporation, said that it was
necessitated by the recent increase
in freight rates and the cost of the
pension plan which the United
Steelworkers of America, CIO, re
cently won from the industry.
“On the record,” Senator O’Ma
honey said, “the steel industry is
not justified in levying an increas
ed tax upon the whole economy
of the United States. Let’s not de
GREETINGS
Weikel Auto Service
25 Years' Experience
GENERAL AUTO REPAIRS
ON ALL MAKES
2800 Hutchison Ave.
Tel. 4-4962
CHARLOTTE, N. C.
r
wive ourselves. It would be a tax
on our whole system. It would in
terfere witli the stabilization of
the ecoonmy both here and abroad."
The action, which is expected to
be followed quickly by other major
companies, may bring moderate
price advances in hundreds of con
sumer articles in which steel is a
component, but automotive and ap
pliance manufacturers are report
ed ready to absorb the higher steel
cost.
The price advances, the first by
a major steel produce*- since July,
1948, will yield the U. S. Steel about
180,000,000 annually in additional
revenues, an amount equalling the
estimated yearly cost to the cor
poration of the pension-insurance
program which settled the recent
steel strike.
Some typical examples of the di
rect effect of a $4-a-ton steel price
increase on consumer products,
made with the metal' are as follows: j
a rise of about $8 in the cost of |
steel for an automobile, 40 cents on
a refrigerator, 60 cents on a metal
office desk, 27 cents on a large
kitchen cabinet, $3 on a farm trac
tor, 5.8 cents on a lawn mower
and 4 cents on a garbage can.
Although the price revisions
amount, to an average increase of
4 percent, the quotations on some
prpducts are left unchanged and
the price of its tin mill articles are
reduced by as much as $3.30 a ton.
The increases ranged up to $29.50
a ton.
DON'T WE ALL?
Ottawa, Canada—First statistics
published by the Dominion of Can
ada’s Bureau of Statistics on a sur
vey of family expenditures show
“a pattern in which the average
family is overspending its income.”
In Montreal the amount is $8 a
year and in Halifax $300 per year
“““■—mmammmman
HOLIDAY GREETINGS
BEN B. PROPST
CONCORD, N. C.
GREETINGS TO LABOR
Laxton Construction
Company, Inc.
127 BREVARD COURT
Phone 4-5916
CHARLOTTE, NORTH CAROLINA
Stations Adtfad to
Edwards Broadcast
Washington. — Additional sta
tions has* joined Frank Ed
wards news broadcast program to
be sponsored by the American Fed
eration o4 Labor.
Mr. Edwards, who is being heard
nightly Monday through Friday
now on a sustaining basis, can be
tuned in over Mutual Broadcasting
System stations at 10 p. m. EST.
AFL headquarters is compiling a
new complete listing of stations
which will carry Mr. Edwards com
mentary. There have been some
changes in broadcast time also.
This new list will be published as
soon as completed.
In the meantime AFL officials
are urged to check their local Mut
ual stations for the time of Mr.
Edwards’ broadcast.
PANTS PLANT ORGANIZE.
Corinth, Miss.—The United Gar
ment Workers of America was au
thorized as the collective bargain
ing agent of the employes of the
Weaver Pants Company by a vote
of 199 to 125 for the American
Federation of Labor. Organizer
Charles M. Elder represented the
A. F. of L.
PASS 1,000 BILLS
Washington.—The first session
of the 81st Congress passed 1,000
bills out of the 2,765 introduced in
the Senate and 6,532 in the House.
GREETINGS
Williams
Esso Service
800 West Trad* So.
Tel. 9520
CHARLOTTE, N. C.
HOLIDAY GREETINGS
Willard
Hotel
313 West Trod# So.
R. V. Hood, Manager
Phone 2-4129
CHARLOTTE, N. C.
Holiday Greetings To All
IVEY WEAVERS, INC.
HICKORY, N. C.
Ridgeview
Hosiery Mill Co.
Ladies’ Full-Fashioned
and Seamless Hosiery
«
NEWTON, NORTH CAROLINA
Greetings To Labor
Among the Oldest Merchants in North Carolina, we want
to thank you for your many years of continuous patron
age, and will leave no stone unturned to give you the best
merchandise money will buy, at the lowest possible price.
VISIT OUR STORES AT
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