Brokerage firm lauds conventional stocks amid bullish mood
W E Hutton & Co analysts say the market is stabilizing after February’s recession bottom. They expect a moderate mid year correction with no real boom unless inflation rises, noting investors shifting focus to solid value and investment grade stocks.
MENTIONED IN THIS ARTICLE
New York
Standard
W. E. Hutton & Co
R. E. Buchsbaum
Buchsbaum
U S Ambassador Douglas MacArthur II Arrives in Belgium
Douglas MacArthur II arrived in Brussels as the new United States ambassador to Belgium. He previously served as ambassador to Tokyo and succeeds William A. M. Burden in the post.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
U.S
Douglas MacArthur II
Tokyo
William A. M. Burden
Woman Freed After 28 Years In Prison Paroled In Detroit
Elizbeth Ziolkowski, 85, awaiting parole approval after 28 years on a life sentence for first degree murder. Born in Canada to a Chippewa tribe, she pleaded guilty to poisoning her third husband in 1933. She plans to live with a niece in Indiana and says she is ready for freedom despite nervousness.
MENTIONED IN THIS ARTICLE
Elizabeth Ziolkowski
John Ziolkowski
Pigs to Cuba Sail From Montreal on German Ship
The German ship Athene departed Montreal with 1 266 pigs destined for Cuba. Shipping officials say this marks the first group of 7 000 head of Canadian livestock planned for sale to Cuba this year.
MENTIONED IN THIS ARTICLE
Montreal
Athene
Cuba
Canada
Armed Forces Day Open House At Bunker Hill AFB
Bunker Hill AFB will host the Armed Forces Day open house on May 20 from 9 a.m. to 3 p.m. under the theme Power For Peace. Indiana Governor Matthew Welsh will attend, delivering a 2 p.m. speech and joining a 2 p.m. fighter jet flyover.
MENTIONED IN THIS ARTICLE
Bunker Hill Air Force Base
Bunker Hill Afb
F. L. O’brien
Indiana
Matthew Welsh
Officers Club
Welsh
Culver Military Academy
Air Force
Free World
Idiana Army National Guard
Armed Forces Day
Edwin G. Jane
364Th
Chiang Kai-shek Airlift Resumes Irregulars to Formosa
The Defense Ministry announced an airlift completed on Thursday to Formosa transporting Chinese Nationalist irregulars who had spent years operating in Burma.
MENTIONED IN THIS ARTICLE
Taipei
Formosa
Chiang Kai-shek
Defense Ministry
Burma
Communist China claims US patrol plane crossed near Yunghsing Island
New Red claim states a U S Navy patrol plane intruded into air space Thursday over Yunghsing Island off the South China coast. The report emphasizes Beijing's assertion of Chinese territory and U S military activity in the region.
MENTIONED IN THIS ARTICLE
RED
Tokyo
China
U.S. Navy
Red China
Yunghsing Island
South China Coast
Plan for Bridge Indiana PUR CHASING RIGHT OF WAY
Pur chasing of right of way for a Jeffersonville approach to a new Interstate 65 bridge over the Ohio River may be finished by the end of the year.
MENTIONED IN THIS ARTICLE
Indianapolis
Jeffersonville
Ohio River
Gary Cooper Says Illness Is God’s Will
Gary Cooper, gravely ill with cancer, told reporters he accepts his fate and is not afraid for the future. He also issued a memo thanking people for their messages and support.
MENTIONED IN THIS ARTICLE
Hollywood
Gary Cooper
Rezoning Petitions and Notices On Indiana Street Property
Property owned by Bruce L. Draper at 912 Ind. 67 faces sale display decisions for camping trailers and boats. A petition seeks to rezone a Homewood Addition lot at 317 Lennox St for a beauty shop under Mrs. Ruby Richardson. Director Walter Haynes schedules a conference with the board before the 9 am meeting.
MENTIONED IN THIS ARTICLE
Ness
Bruce L. Draper
Ind
Homewood Addition
Lennox St
Ruby Richardson
Walter Haynes
Laos Cease-Fire Talks Urged Before Political Issues
Souvanna Phouma urged a cease-fire agreement before tackling political questions and called for forming a coalition government. He suggested the Laos delegation to the Geneva conference be appointed and warned unity talks may face delays amid disputes. Both the Communist bloc and Pathet Lao recognize him as premier.
MENTIONED IN THIS ARTICLE
Souvanna
Laos
Geneva
Vientiane
Communist Bloc
Pathet Lao
Souvanina
Lao leaders seek own way amid international talks
A Lao cabinet meeting with King Savang Vat Hana is described as opposing an international conference and urging Laotians to resolve issues domestically, while consistently branding itself neutral in foreign affairs.
MENTIONED IN THIS ARTICLE
Sistently
Pathet Lao
Atwang Prabang
Savang Vathana
Balloon Flight Records Highlight Historic Polar Sky
Lt Cmdr Prather notes extreme upper atmosphere readings reaching 65 degrees below zero. The current open gondola balloon altitude record stands at 102,800 feet set by Air Force Capt Joseph W. Kittinger Jr in August 1940.
MENTIONED IN THIS ARTICLE
Air Force
Joseph W. Kittinger Jr
Indiana Port Commission to review port site hearing record
At a Thursday night meeting after a one day public hearing on port site location, the Indiana Port Commission agreed to gather the hearing record and meet the week of May 16 in Chicago to decide on a site. Clinton Green aimed for a final determination and suggested Burns Ditch as likely over Lake County. Green said attorneys were instructed to prepare a plan to test the 1961 law creating the port commission and its revenue bonds power.
MENTIONED IN THIS ARTICLE
Lake County
Green
John E. Hurt
Jack Bradshaw
Port Commission
Commission
Appointed to Finance and Land Development Committees
William Shumaker of Indianapolis, Robert Schram of Peru, and Green will serve on the finance committee. A. L. Yeager of Michigan City, George Nelson of Valparaiso, and Green will serve on the land development committee.
MENTIONED IN THIS ARTICLE
William Shumaker
Indianapolis
Robert Schram
Peru
Green
A. L. Yeager
Michigan City
George Nelson Valparaiso
Scouts hear nation’s leaders at 22 Area meeting
The 22 Area Scouts gather listeners as officials and dignitaries outline a four month nationwide conference on moral rearmament for American teenagers. Governor Otto Kerner addresses attendees with Admiral Higgins and Commander Skoog also slated to speak.
MENTIONED IN THIS ARTICLE
Zirkle
United States
Otto Kerner
Illinois
Daniel Posin
DePaul University
H. Roe Bartle
Kansas City
Joseph L. Skoog
J Jr
American Republic
J. M. Higgins
Ninth Naval District
J. H. Brown
T. J. Keane
Jesse Owens
Frank W. Braden
Brenda Lee
Anderson
Ste
Local Names List Shown for Readers
A readable fragment lists individuals with hometowns including Alexandria Lapel Middletown Noblesville New Castile Tipton and more. The names include Lynch Millican Edrington Teeters Wills Rice Griffis Eichhorn Craig Barlow Day Kassidy Deardorff Devenning Pierce Smith Dickover and others.
MENTIONED IN THIS ARTICLE
Ven Lynch
Tom Millican
Alexandria
Warren Edrington
Steve B. Teeters
Lapel
Phil Wills
Mac Rice
John Griffis
Vick Eichhorn
Middletown
John Craig
Noblesville
William L. Barlow
Jerry Day
Michael J. Kassidy
John Deardorff
Kenney Devenning
Joe Pierce
Greg Smith
New Castile
Neil W. Dickover
Tipton
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