Stock Exchange Chief Vows No 1929 Crash Risk
G Keith Funston president of the New York Stock Exchange testifies to the Senate banking committee that the current stock boom rests on solid foundations and does not fore shadow a 1929 type crash. He says prices reflect prudent regulation and broadening ownership while acknowledging no guaranteed protection from individual imprudence.
MENTIONED IN THIS ARTICLE
Washington
New York Stock Exchange
G. Keith Funston
Funston
Senate Banking Committee
Fulbright
D-Ark
Funeral home operator Frank Brosh pleads no contest
Frank A. Brosh, 59, of Solon and Cedar Rapids, pleads no contest to evading $12,947.58 in federal income taxes for 1949–1952. Judge Riley defers sentencing after pre sentence report. Brosh waived indictment and faces possible penalties up to 20 years and $40,000 in fines.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Frank A. Brosh
Solon
Des Moines
William P. Riley
Brosh
U. S
Roy L. Stephenson
Cedar Rapids Reaches 56 Degrees Marks Early Spring Feels
Eastern Iowa sees warm spell as Cedar Rapids hits 56 degrees by 2 pm and climbs to 58 by mid afternoon. Forecasters warn a rapid cool down as a northwestern disturbance moves south, bringing wintry conditions back to Iowa.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa
Four Year Term In House Doubted
Representative Celler of New York, chairman of the Judiciary Committee, said Ike’s proposal for a four year House term is not likely to advance. The committee has four constitutional amendment bills on the subject but may not move them forward.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
House
Celler
D-N.y
House ‘Judiciary Committee
U S backs end of Korean Armistice Commission
Washington states the United States agrees with Sweden and Switzerland that the United Nations Korean Armistice Commission should be abolished as it serves no useful purpose. The move aims to end the board that polices the armistice in Korea.
MENTIONED IN THIS ARTICLE
U.S
Washington
U. S
Sweden
Switzerland
Illness of Juror Delays Edward A. Lee Manslaughter Trial
Final arguments in the manslaughter case against 22 year old Edward A. Lee were postponed when juror Maxine Sayers fell ill. Kehne, 23, died Oct 2 from injuries after a bottle thrown by Lee struck him. Trial paused as judge J E Heiserman shifted schedule hoping for recovery, with defense and state attorneys set to present further arguments.
MENTIONED IN THIS ARTICLE
Edward A. Lee
Lee
Thomas A. Kehne
Kehne
J. E. Heiserman
Maxine Sayers
Fourth
Slogan contest invites entries for Iowa license plates
The Gazette announces a $100 savings bond prize for the winning entry in a license plate slogan contest. Readers are urged to submit ideas to better advertise Iowa from coast to coast, replacing the current "The Corn State" slogan. Gov. Leo Hoegh endorses public participation to showcase Iowa's beauty industry and abundance.
MENTIONED IN THIS ARTICLE
Gazette
Iowa
Leo Hoegh
Cedar Rapids to Build Army and Navy Reserve Center
Cedar Rapids plans a joint army and navy reserve training center with a projected cost near half a million dollars. The Army has earmarked 241000 for construction, while Navy officials expect to contribute similar funds. Ground has not yet been purchased and no official word confirms the joint center plan.
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Armed Forces Reserve
Cedar Rapids
Sen
B. B. Hickenlooper
Washington
Army
Navy Reserve
Ninth Naval District
Fifth Army
Cmdr
C. W. Wiese
Naval Reserve Training Center
Memorial Coliseum
Navy
Joint Center
Army Reserve
Man Charged With Murder in Bremmer Slaying
Ernest Triplett, 50, itinerant music salesman, charged with murder in the 8 year old Jimmy Bremmer slaying near Sioux City. He was taken into custody as he was released from Cherokee State Mental Health Institute and ordered held until April 11 for grand jury.
MENTIONED IN THIS ARTICLE
LE Mars
Ernest Triplett
Jimmy Bremmer
Sioux City
Donald E. O’brien
William S. Sturges
D. C
Triplett
Plymouth County
Cherokee Hospital
State Board of Control
William A. Denison
Sioux City Police
Jimmy
Bremmer
Cherokee
Jordan Third To File Candidacy For School Board
Jordan Sandoe, a seven year school director, filed Thursday to run in the March 14 election. He joined the ballot with 68 signatures, above the ten required. Incumbents Ben Peterson and Eliot Waples also seek re election. no other candidates had appeared by filing time.
MENTIONED IN THIS ARTICLE
Cedar Rapids
W. Sandoe Jordan
Board of Education
Jordan
Ben H. Peterson
Eliot O. Waples
Dulles Rules Out Quemoy Matsu Cease Fire Deal
Secretary of State Dulles told Chiang Kai-shek Quemoy and Matsu are not on the bargaining table for a cease-fire. Sources close to Dulles suggested possible abandonment under two conditions, but Nationalist China may reject. He reinforced U S defense vows for Formosa and the Pescadores and left for Washington after signing the mutual defense pact.
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Taipei
Formosa
Dulles
Chiang Kai-shek
Quemoy
Matsu
Asia
China
U. S
Pescadores
Washington
Thailand
Burma
Laos
Cambodia
U.S
Chinas
Chiang
Relief Pay Grows Into $16000 Estate
Fred F. Gilbert, 66, a watchman paid 80 cents nightly, left a $16000 estate by investing his $30 monthly general assistance pension received for 15 years. He died of pneumonia January 2, and court records show administrators must return $5675 to the Denver welfare department after oil stock speculation.
MENTIONED IN THIS ARTICLE
Denver (Ap
Fred F. Gilbert
Denver Welfare Department
Boy volunteers to wash dishes wins guest of General at movie
Robert Noreen seven of Chicago proved an army maxim wrong by volunteering to help wash dishes and sweep floors. Lt Gen Hobart R Gay invited him to the Midwest premiere of The Long Gray Line and made him a special aide in a parade review. He may win a West Point berth in 1965 with the general's backing.
MENTIONED IN THIS ARTICLE
Chicago
Robert Noreen
Robert
Hobart R. Gay
U.S
Midwest
Gay
West Point
U.S. Army
Cedar Rapids Council Rejects Automatic Signal Plan
Cedar Rapids city council voted unanimously to deny a Rock Island proposal for an automatic signal crossing on Fourth Street. Safety Commissioner Prochaska led the motion citing longer delays with gate control and a 1,100-name petition against the plan.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Fourth Street
E. A. Prochaska
Prochaska
First Avenue W
Eighth Street
Nick Lilios
No Pay Returns Dominant Among Iowa Farmers
An Iowa Tax Commission study shows about 11 of 20 farmer returns are no pay, with 107 962 of 194 754 farmers in this category. The report also notes 464 464 taxpayers paid a total of 20 265 720 dollars in state income taxes, while corporations paid 2 345 000.
MENTIONED IN THIS ARTICLE
Iowa
Des Moines
Iowa Tax Commission
Senate-House
Council at Odds Over Court Job
The Iowa city council debates deputy bailiff appointment for hospitalized Bailiff Ed Cherry. Constable Charles Bullcek’s temporary nomination stirs opposition, with Finance Commissioner Shank and Justice figures engaging in a tense series of private talks and public sessions. Fatka seeks 90 day leave while Adams is named deputy court clerk, prompting further dissent and a looming Page 12 continuation.
MENTIONED IN THIS ARTICLE
iCedar Rapids
Ed Cherry
Charles Bullcek
Garberson
Cherry
Bullcek
Marion
Stewart Shank
Justice of the Peace
Miles Adams
Marvin Fatka
Adams
Charles Benesh
Fatka
Sedlacek
Iowa
Senate panel stalls vote on Harlan Supreme Court nomination
The senate judiciary committee failed to vote on John M. Harlan's nomination. The panel set a new vote date for next Wednesday amid requests for more time to study hearings records. Kilgore noted surprise at points raised by members regarding Harlan's views on trusts and monopolies.
MENTIONED IN THIS ARTICLE
Washington
INS
Senate Judiciary Committee
John M. Harlan
Supreme Court
Kilgore
D-W. Va
Harlan
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