Trustbusters Eye GE Breakup Hint From Antitrust Chief
New York reports say government antitrust officials may take GE to court to split the world’s largest electrical goods maker into parts. The issue stems from a price fixing and bid rigging conspiracy involving GE and 28 firms linked to heavy electrical equipment. Officials in Washington and statements by Asst. Gen. Loevinger were cited, though critics call threats of divestiture fiction.
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New York
General Electric Co
Washington
Lee Loevinger
Washington, D. C
Loevinger
United States
Canada
Puerto Rico
Andj
de Eree
Cordiner
Senate Antitrust and Meonopoly
Congress
Florence Abney will probate estate in Charleston
The will of Mrs. Florence d Abney of Charleston admits probate. principal beneficiaries include Williames Kin and friends. Lucille J Goff of New Canaan receives 30000 and Abney’s bank accounts interest. Charleston heirs receive houses and cash, executors are Charleston National Bank Lawson and Graham. Additional bequests to several friends and a long list of beneficiaries follow. THURSDAY deadline noted for GE decree. antitrust dispute with government may set future precedent.
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Florence d. Abney
Charleston
Ralph J. Cardiner
The
Wall Street Journal
Polaris fires 1600 mile range missile test at Cape Canaveral
The Navy launched a longer-range Polaris missile totaling over 1,600 miles down the Atlantic tracking range. Officials said the AI model performed as designed, the ninth of 12 launches, with future tests planned including land pad shipboard and underwater submarine launchings ahead of an early 1962 operational date and a planned A3 model with 2,875 mile range.
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Cape Canaveral
Fla
Navy
Atlantic
Aflight Dynamics
Door Open to Freedom Riders After Judge Ends Prolonging Order
In Montgomery and Jackson the freedom rides spark fresh legal and police actions. Judge Johnson refused to extend the temporary restraining order, signaling possible reinstatement later. Six more riders convicted on breach of peace charges increased the tally to 110 in three weeks.
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Montgomery
Ala
Alabama
U.S. Dist
Frank M. Johnson Jr
Mingham
Anniston
St .N Jackson
Miss
James Spencer
Congress of Racial Equality
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