Market ignores bad news as steel profits slip
April report shows Bethlehem Steel unable to cover dividends while Chrysler posts a loss and cuts its payout. Stocks barely move as traders signal a possible market bottom and anticipated upturn despite widespread profit declines and inflation fears.
MENTIONED IN THIS ARTICLE
New York
Bethlehem Steel
Chrysler
Associated Press
U.S. Steel
Morrow
Chief Cloud Chick Cloud
General Motors
Around-About Bridgeport sees rural life along turnpike
Reporter Willian Lamale guides a Connecticut turnpike ride from Milford to Westport and Fairfield noting rustic scenes. He observes fishing boys, a plow, old farms, barns, fences, a damper of country life, and the highway’s intimate passage through countryside near Stratford and Sherwood Island.
MENTIONED IN THIS ARTICLE
Bridgeport
Woodnont Road
Milford
Westport
Tarnpike
Pike
Mill River
Fairfield
Turnpike
Connecticut Turnpike
Sherweed Island
Stratford
Housing Upturn Seen in New York Region
About 100 builders in a survey across 20 cities say they plan to increase housing starts this year aided by easier mortgage money and the new federal anti recession housing act. Lenders, while less optimistic, also report a pickup in housing activity and more loan applications.
MENTIONED IN THIS ARTICLE
New York
Punishment Fits Crime in Ottawa Tire Deflation Prank
In Ottawa Illinois a teenage boy was caught flattening nine car tires at the Moose Lodge. Car owners offered not to press charges if the tires were re inflated. Police chief Walter Kein ordered the boy to refill the tires with a hand pump the following day.
MENTIONED IN THIS ARTICLE
Ottawa
Ill
Ilinois
Moose Lodge
Walter Kein
British Oil Tanker Bombed in Balikpapan Harbor
An unidentified aircraft bombed the British oil tanker San Flaviano in Balikpapan harbor, narrowly missing a second vessel, the Daronila. The San Flaviano burned and was abandoned with its 50 crew rescued. injuries reported from shock.
MENTIONED IN THIS ARTICLE
Singapore
Balikpapan
Borneo
Big Island
Persian Gulf
Shell Company
Commissioner General
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Phillips Milk OF
Maghesia
Middle St
Conlin
Gay A Kye
Onlin
Elm Street
Park
Golden MII
Shea
Business Mirror
Seavills
Servic
Biggins
Dick Turner
Willian Lamale
sFairfield
West ‘Port
Indonesian
Jakarta
Indonesia
Makassar
Celebes
Devinace
Idgepo
Mme At
Obr
Leavitt
Aera Adler Ia
Sleatiuls
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