The News and Observer du lieu suivant : Raleigh, North Carolina • 9

THE NEWS AND OBSERVER, RALEIGH, N. TUESDAY MORNING, OCTOBER 25, 1855. Under the Dome (Contianed from Page One.) Still very much alive, Sgt. interested in taking over Channel 4: A Durham radio station is said to have made a proposition. Officials of the Sir Walter Television Company Raleigh, operator of TV, also have held some preliminary confer- ences.

ences. WNAO-TV Manager J. H. Bone said he had no comment. PROPOSITIONS--If a deal can be swung, the commercial operators would get WUNC-TV's valuable vhf (very high frequency) channel in return for assurances that they would (1) relieve the University of the station's expenses and (2) allot portion of the broadcast time to programs originated by the University.

The full details are yet to be determined. As things now stand the University is still deliberating. One source last night said that the University isn't sure it wants to let the station go and doubts that it would be able to release the channel even if it wished to do so. The channel was allocated by the Federal Communication Commission specifically for educational television but with the understanding that it might be turned over to commercial broadcasters if not used for that purpose. Budget Bureau Chief D.

S. Coltrane would admit only that there have been some discussions. "I just merely sat in on a conversation that the manager of Station WNA0-TV had," he said. "I just listened." SCOTT-Saturday is time for Senator Scott and for Ben Roney, his administrative assistant, on their trip to Alaska. They're flying to Nome via Seattle so the Senator can sit with fellow members of a Senate Interior subcommittee exthe tin mining situation plorins, The Senator has some items to attend to in North Carolina before the flight, however.

Here Wednesday, he will speak at the dedication of Downtown Boulevard. That evening, he will make a talk before the State Grange in session at Goldsboro. He'll spend Thursday in his office here. On Friday, he will be preparing for the trip. The Alaska hearings start next Monday.

TOPS Norman Y. Chambiiss Sr. of Rocky Mount, who was manager of the State Fair from 1933 to 1937, visited the 1955 edition of the Fair and he came away so enthusiastic that he typed the following to Under the Dome: "The North Carolina State Fair is tops from every standpoint. It's a credit to this State and Nation. "I enjoyed visiting the State Fair four days last week.

Our State Fair has everything to be proud of. It's one of the finest state fairs in the United States and improves every year. "I am delighted I was once manager of the State Fair. Chambliss still is active in the same field. He's manager of the Rocky Mount Agricultural Fair, which was staged this year September 26-October 1.

FORMALITY Approximately in Greensboro that the University of North Carolina must admit Negro students to its undergraduate schools. It was made immediately that the decision would be appealed, and yesterday Attorney General William B. Rodman said formal notice of appeal will filed this week. The case was brought by attorneys for three Durham Negro youths. They were accepted at Chapel Hill shortly after the decision was handed down.

The judges refused to grant an order staying the effect of the ruling. The University trustees will have 60 days after the appeal notice is filed in which to file statement of jurisdiction with the U. S. Supreme Court. If the Supreme Court accepts jurisdiction, the appeal may be heard next spring.

Rodman said the formerl notice will set forth three contentions: 1. That a single judge instead of a three-judge court should have heard the case; 2. That the court erred in declaring invalid the trus- month has passed since a special three judge federal court ruled tees' resolution denying admission to Negro undergraduate students, and 3. That the decision ought not to apply to anybody except the three Negro students immediately involved. WET- Governor Hodges was away last week, his aide, Patrol Sgt.

Harold Minges, took some vacation time and went fishing down at Long Beach. According to the State Port Pilot of Southport, he had close call while he was fishing. The weekly Pilot carried story under the heading "Driver of No. 1 Is No Navigator" which related that Sgt. Minges and other man who was unidentified rented an outboard motor boat from S.

W. Blow, cruised about in Davis Creek and the Iniand Waterway and finally set out on an ocean voyage. Their boat floated back three hours later and according to the story, "It was minus all human passengers and the hue and cry of search was 1n- stituted." "Also in due time," continued the story, "the trawlers of Southport's big shrimping fleet began to come in. From one of them there disembarked two still-wet sport fishermen. "They immediately appealed to a local man for transportation to Long Beach, where they could put a stop to the search for their bodies.

He took the castaways aboard and carried them their original starting point." Minges is chauffering Number One out in the western part of the State this week. HIGHWAYS -State highway, en- en gineers 12 projects calling for 68.64 miles of road and bridge improvements in 13 counties, including Johnston, Beaufort, Hyde, Pender, New Hanover and Wake. The Johnston project will involve 10.26 miles of four-lane grading and structures for US 301. Wake will get 7.8 miles of resurfacing on NC 50. The State Highway Commission will review the bids at a meeting here Friday morning.

Some of the people in this country, according to a recent survey, didn't know that the New York Stock Exchange does not own the stocks bought and sold on its trading floor. This advertisement is one of a series being published to help broaden understanding of stock ownership. We hope you'll find it informative. Who are America's stock owners? New York Stock Exchange has never owned a share of any of the stocks traded on its floor. The Exchange market place where securities are bought and sold.

Let's lay myth to rest. The How rich share owners are. Of the nation's million share owners in publicly owned companies, it is estimated that 31.6% have family incomes of less than $5,000 a year; 44.4% have between $5,000 and $10,000. 7.5% are in joint accounts. The remaining 29.3% are held by insur- Men vs.

women. Actually, stock ownership is pretty equally divided between the of the shares are owned by men, 26.9% are owned by women and ancecompanies, pensionfunds, etc. Why people Invest. It's no secret -they invest in the hope of good return on their setting, You can't be sure of a return. But there are many established companies listed on the Exchange that have long, records of steady growth and have paid dividends regularly for years (298 common stocks haven't missed paying one in every year from 25 to 107 years).

of the Stock Exchange near you. A partner or registered representative in that firm will be glad to listed give on you the facts Exchange, and will about the stocks help you decide on investments suited to your needs. His information and advice are free for the asking. Hew you go about buying or selling stocks. The first thing to do is to look up a Member Firm Before you invest, get the facts.

Investing is a serious business. Stock prices can go down as well as up. So before you put your money into stocks, be sure cushion you have sufficient savings to you and your family against emergencies. OWN YOUR SHARE OF AMERICAN BUSINESS FREE BOOKLET tells you how to buy or sell stocks, the cash dividends particular have paid, and about the new Monthly Investment Plan. For write, free copy of Investment Facts, phone or call on any Member write Firm diof the Stock Exchange.

Or Dept. rectly to 1-T, P.O. Box 252, New York New York Stock Exchange, 6, N. Y. MEMBERS 'NEW YORK STOCK EXCHANGE Mall to your local Member Firm of the Stock Exchange, or New York Stock Exchange, Dept.

1-T, Box 252, New York 5, N. Y. Please send me a free copy of Investment Fasts. NAME ADDRESS. STATE ERRATA-E.

R. Franklin, retired school man of Raleigh, caught Dome in an error in its history yesterday. "No Senator in history has ever gone directly from the Senate to the White House. stated an item from Washington. Not 10, Franklin pointed out, and he cited history to show that Warren G.

Harding of Ohio did just that-jumped from Senate seat to the Republican nomination and election as President in 1920. EISENHOWER Dec. 10. Possibly, Lodge told a news conference, some Russian ideas may be combined with Eisenhower's. All three visitors came, away with encouraging reports Eisenhower's appearance and condition.

They relayed them to reporters in separate news conferences. "In years I've known him," Lodge said, "I've never seen him looking better and acting better." Benson to Arrive. At the same time, Presidential Press Secretary James C. Hagerty announced that Secretary of Agriculture Benson will be here Saturday to see the chief executive. In Washington Benson announced that the government expects to buy approximately 85 million dollars worth of pork and lard in an effort to encourage consumption and help farmers to adjust their production to market demands.

From Eisenhower's physicians came assurances of steady progress toward recovery as the President started the second month of recuperation since Sept. 24 heart attack. Twice this morning, Eisenhower stood up by himself for few minutes. And several times he sat up in bed, dangling his feet over the edge. Also he spent an hour sitting in an easy chair in his room and did more time sitting on the sundeck in a wheelchair.

The three-point program to help spotty unemployment areas, which Burns said might be described as a sort of home front Point Four plan, involves: Setting up in an existing department, probably commerce or labor, a new agency to coordinate federal activities designed to help communities suffering from spot unemployment. Providing technical assistance to these communities through the new agency. Making loans on a partnership basis, where necessary, to finance industrial projects or plants. No Money Estimate. Burns wouldn't give any estimate of how much might be in- (Continued from Page One.) General Assembly session ends volved financially, but said it would be sufficient to do the job, with state and local.

governments and private enterprise participatin putting up the money. Burns said that he and Hauge, with Presidential Asst. Sherman Adams sitting in, reported to Eisenhower on economic developments of which the President already was largely aware. Eisenhower asked about farm prices, Burns said, and about "what some of us might be doing about the farm Hauge said there was no sion, however, of the political aspects of the farm price problem. Both Burns and Hauge will have hand in preparing the annual economic report the President sends to Congress early in January.

They said that this report, or perhaps a special message to the lawmakers, will spell out details of a plan to help communities such as some textile cities in New England and coal towns in Pennsylvania and West Virginia where unemployment is high. "'The essence of this program," Burns said, "is to help people to HEARINGS (Continued from Pane One.) called Brannan farm plan was pressed by members of the Minnesota Farmers Union, who also wanted prices supported at full parity levels. Under the administration farm program, supports vary from 75 to 90 per cent of parity for major crops and milk. (Parity is a standard for sureing farm prices declared by law to be fair to farmers in tion. to prices they must pay.) Byron G.

Allen, Minnesota's Democratic commissioner of Agriculture, said he believed that at least two-thirds of the state's dairymen favor production payments. Generally speaking, farmers who were members of the Minnesota Farm Bureau Federation endorsed the present program and opposed production payments. Pay increases for organized labor came in for comment. Oscar Bierning of St. Michael, said "Labor is getting a raise every blooming year while we're going down.

"If they're entitled to full parity, 50 are we," he declared. The committee scheduled its next hearing at Worthington, tomorzow. "SUPER-RIGHT" ALL MEAT RED PLUMP TOKAY AP FRANKS GRAPES See, at Pkg. 1-Lb. Per Lb.

Come Save PINEAPPLE AGP Fancy SPECIAL! Sliced No. Can 1 FRUIT GOLDEN PINEAPPLE COCKTAIL LOAF Jane Fancy Fancy SPECIAL! SPECIAL! Parker SPECIAL! Crushed Frults Cake No. No. Can Can Each Cake 2 1833 dexo SHORTENING Tin Glazed Mild and Mellow Eight O'Clock POCO SINCE Jane Parker DONUTS of Pka. 12 COFFEE 1-Lb.

Bag CAP 1 CHAT Super ATLANTIC PACIFIC TIA Markets COMPANY 9 Highest allowance! trade-in increase in price! No bit a New Chevrolet Task-Force Trucks They're today's most modern trucksWork Styled to match the job! Get full facts about our deal before you sign on 'CHEVROLET anybody's dotted line! SIR WALTER CHEVROLET CO: Inc. 5.30 g. McDowell St. Phone 3-5511.