Homemade computer puts Morris in big business triumph
AP Newsfeatures details how David Morris built a $960 homemade computer to underbid Bank of America on California bond underwriting. Morris, with partner Plowden-Wardlaw, cut bids by about 1.8 million and later saved California over 1 million in a second issue, boosting Morris’s small firm into Wall Street prominence.
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New York
David
Goliath
William S. Morris
Bank of America
Morris
California
State of California
Thomas C. Plowden
Wardlaw
Albany, N. Y
Morrs
Princeton University
Equitable Assurance Society
Wall Street
New Canaan
Connecticut
IBM
Bank
Bert Betts
Betts
Plowden-Wardlaw
Chase- Manhattan Tower
Hudson
B.C
Chine
Urge to Merge Changing Face Of U S Business
The drive to merge reshapes U S business across retailing, transport, publishing, banking and manufacturing as firms seek savings and diversification. Airlines American and Eastern face hearings while Penn Central and NYC Central plan a $5 billion merger. unions, antitrust watchdogs, and cities oppose due to job loss and service concerns.
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U.S
New York
Ford Motor Co
Philco
Justice Department
Congressional
Union Carbide Workers Honor Vice Presidents
A dinner at Mt. Anthony Country Club honored outgoing and incoming vice presidents of Union Carbide Consumer Products Division. A. Jack Adams of Cleveland departs to assist Adger Johnson in New York. Dwight N. Wait will assume Adams duties. Adams has worked for National Carbon and Kemet Company, and headed the Consumer Products Division before this transition. Local employees presented Adams a camera tripod and photo album. Receptions will be held at all division plants as part of the farewell and welcome program.
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Union Carbide Consumer Products Company
Union Carbide Corp
Mt. Anthony Country Club
Bennington Works
A. Jack Adams
Cleveland
Ohio
Consumer Products
Adger Johnson
New York
Adams
Dwight N. Wait
National Carbon Co
Calcutta
India
Bennington
Consumer Products Co
Kemet Company
Wait
Molly Stark One Act Plays Set for Friday
Two one act plays are to be presented at Molly Stark School all purpose room Friday at 8 p.m. for the drama group’s benefit. Rehearsals have been led by drama coach George E. Kagey. Cast includes Charlotte Greer David Leake Janis Vince Karen Bowmaker Linda Bushee Ladie Ann Graves in The Little Man Who Wasnt There and Gary Gore Amy Handy Alden Graves Maria Marcoux Tommy Harrington Doris Bushey in The Dearly Departed. Supervising production is Cheryl Minke with Roland Becker and Billy Mattison as stage crew.
MENTIONED IN THIS ARTICLE
Molly Stark
Red Brick
George E. Kagey
Federal aid debate on mentally retarded education
New England specialists call for more federal research funds while witnesses before a Kennedy panel clash over spending priorities. About 40 witnesses testified in Providence as the 27 member panel studies education problems facing mentally retarded individuals.
MENTIONED IN THIS ARTICLE
Providence
R. I
New England
Kennedy
Boston Authority Chief Demands Cramer Specific Charges
The Boston Redevelopment Authority chair seeks clearer details from Rep. William C. Cramer about his accusations of corruption in urban renewal and land takings. Authority officials plan to commission a valuation review of 800 land takings in the West End as part of the program.
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Boston Authority
Rep. Cramer
Boston
Boston Redevelopment Authority
William C. Cramer
R-Fla
Cramer
New England
Associated Press News Executives Association
Greater Boston Young Republican Club
Chicago
Francis J. Lally
The
Msgr
Lally
Msgr. Lally
the Pilot
Ellis E. Ash
Edward J. Logue
Hague
Washington
West End
Billie Sol Estes
Texas
Massachusetts
Blatnik House
Frankfurter Expected Back On High Bench
Washington AP report says Felix Frankfurter likely to resume Supreme Court seat next Oct 1 barring unforeseen events. At 79 he remains in George Washington University Hospital after a April 5 incident. Friends note rapid improvement and his wife Marion Denman, wheelchair bound, visits him as recovery continues.
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Justice
Frankfurter
Marion A. Denman
Springfield
Mass
Georgetown
Washington
Supreme Court
Beardsley Family Expecting Eighteenth Child in July
Navy family in Carmel California plans another birth to add to 18 children aged 2 to 17. Francis Louis Beardsley and Helen hope for a boy born around July 19 at Ft Ord hospital. they already have 12 daughters and 6 sons.
MENTIONED IN THIS ARTICLE
Beardsley
Helen
Beardsleys
Monterey
Navy
Postgraduate School
Ft. Ord Hospital
John Joseph
Radhakrishnan Takes Oath as India's Second President
In New Delhi on Sunday Sarvepalli Radhakrishnan aged 74 was sworn in as India's second president. He urged the nation's 475 million people to settle religious and linguistic differences. Previously he served 12 years as vice president and was chosen by parliament and state legislatures after Rajendra Prasad retired due to illness.
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New Delhi
Sarvepalli Radhakrishnan
India
Radhakrishnan
Rajendra Prasad
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William L. Phipps
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