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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
May 29, 1959
Page
25
Industrials surged to a record high while the broader market stayed below its peak. The Dow Jones industrial average climbed 2.90 to 639.58, with 12 of the 15 most active stocks advancing and Sperry Rand the sole decliner. Traders noted low volume and mixed bond activity.
Anders Jorgensen, a life term prisoner in Vridsløse, Denmark, invented a better fish trap that could save trawlers money by preventing net bursts. Prison guards expect few buyers as Jorgensen, a black marketeer who murdered two peers in 1943, will not be paroled or paid.
In Lisbon twenty thousand Portuguese troops paraded to commemorate the 33rd anniversary of the 1930 revolution that brought Prime Minister Antonio de Oliveira Salazar to power. In Derby England Frederick M Sneap 59 and his wife were jailed for child neglect. their 41st conviction on the same charges involved their 15 children.
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