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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Nov 18, 1954
Page
5
The article notes institutions increasingly dominate markets, rivaling individual traders. It cites rising institutional stock and bond holdings, with banks and funds expanding assets. open end funds lead as major stock buyers, adding about 400 million dollars this year.
President Eisenhower presented the Harmon trophies in the White House rose garden to Major Charles E. Yeager for a world speed record of 1650 mph in the Bell XIA and Jacqueline Cochran for breaking the sound barrier on a closed course and for a women’s speed record of 652 mph in an F86 Sabrejet on May 18 1953.
The treasury reports the conscience fund has approached two million dollars since 1811 as guilt ridden individuals from veterans to bootleggers send payments with contrite confessions. Records show yearly totals vary, with a high of 370 thousand dollars in 1950 and a largest single gift of fifty thousand dollars in 1916.
U S Attorney General Herebert Brownell arrived in Rio de Janeiro for a three day visit before proceeding to Sao Paulo to participate in the first Inter American Congress of Public Ministers.
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