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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Aug 20, 1955
Page
6
Secretary of Revenue Gerald A Gleeson issued a reminder that the 1 percent sales tax will not expire until midnight on August 1st and that all collectors must continue tax collections until then. Some store owners have ceased collecting, which Gleeson says violates the law and will face audit.
Forecast favors pleasant weather as the Corry lodge plans its annual pine at Hoyek's Grove on Center Street. The event is expected to draw members and guests, with organizers urging timely arrival and adherence to local notices.
Floodwaters swirled through a New Jersey valley to inundate Camp Bay and surrounding towns near Lylnw Carrips, stranding residents. Emergency crews evacuated survivors while authorities counted twenty six dead and searched for dozens more missing as homes were flooded and high ground became the only safe refuge. Local officials from Jersey City, Rutherford, West Caldwell and nearby areas coordinated recovery efforts as rain and rising waters hampered access.
Maj. Gen. Edward J Stackpole and Maj. Gen. William G. Price Jr presided over a statewide review in Harrisburg as 11 000 Pennsylvanians gathered for the National Guard event. The ceremony included the presentation of the Distinguished Service Medal of the National Guard Association and the retirement of Lt. Gen. William G. Price Jr.
The funeral for Ora H. Smith was held yesterday at 2 at Bracken Funeral Home with Rev George Mulvin officiating. Burial followed at Fine Grove Cemetery. Friends from the area attended along with relatives from Guys Mills Eyes City and Union City.
A hearing on the dismissal of Police Chief Charles So Wk proceeds as his attorney Fred Weir argues no refuting testimony exists in the record. Commissioners TB Jones Frank Yacuping and Joh Aritonik prepare to render a decision after the adjournment. FAIR STARTS MONDAY INDIANA PA Western Pennsylvania hosts the Sard County Fair at Mack Community Center for a week of exhibits and events with record livestock entries and diverse displays.
Comedian Jack Benny plans to quit weekly radio after 2314 years to focus on television. He mentions CBS may rebroadcast old Indie shows and a filmed one hour TV series with appearances by Sporiger and others, though exact formats and scheduling remain uncertain.
A 13 day strike by CIO International Union of Electrical Workers at Westinghouse Elgin plant in East Pittsburgh threatens a water wheel generator contract. The firm underbid by an English supplier while mediators attempt a settlement as 6,700 workers walk off in protest of a time study. A typical American family spends 15 percent of its food budget on milk and dairy products, accounting for 30 percent of nutritional needs.
In Steppville Alabama a 19 month old boy Jerry O Neal Burns suffocated after entering an empty refrigerator left in a farm home. Sisters Geraldine Burns 10 and Elaine 6 were revived as coroner Grady Moss noted siblings crawled inside after their parents left for the field. The twins Terry Odell Burns and the dead boy were twins of the household. The mother Mrs James O Burns found them exhausted near the cooling unit.
Hoxie Arkansas, the public schools were summarily closed by the school board to calm public fuel over desegregation. The terse vote states the summer session ends in six weeks to allow more time for consideration of the school problem and its desegregation context.
Babson argues the 265 stock SEC index offers a clearer market barometer than the price swing of a few high priced issues. He notes concentration by pension funds lifts averages while many low priced stocks fall, and cautions against chasing rising prices to avoid profit erosion.
The piece promotes dividend paying stocks and savings as secure, urges selling and buying now, and favors chain stores like 10 Cent and Variety chains for 6 percent yields. It advises placing half savings in a local bank and investing the other half in popular stocks despite low profits and advertising impact.
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