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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jan 25, 1960
Page
3
A damaged OCR fragment references military or legal terms and a 1958 date, with unclear names and places. It hints at actions by officials or authorities but lacks readable context or complete sentences to derive a clear event. Further text is needed for a precise card.
Erie Police Chief Edward V Williams voiced explicit faith in the vice squad led by Sgt Harry F Ganga and Detective Sgt James F Hayes after reports a leak may have tipped two gambling raids. He pledged tighter raid procedures and warned any leak would be investigated while only the squad and division heads knew of the raids.
Navy vessels moved to the Gulf of Mexico to search for wreckage of a National Airlines DC7B that crashed on November 16 with 42 on board. Investigators aim to learn if a bomb caused the sinking and whether missing passenger William A. Taylor age 69 is among the unaccounted. Taylor’s alleged friend, Rob ert Spears, was later found alive in Phoenix. FBI noted Spears carried $100,000 flight coverage and carried blasting equipment in his luggage when arrested.
The stock market has ignored recent good business news as price averages slide. Analysts on Wall Street surge with questions about whether the bull market is ending and what factors caused the downturn.
Democratic leaders announce delegates for the 1960 party parley with contenders including Stanley G. Stroup Mae Simpson and William Livengood of Bedford Williamsport bloc and Douglas H Elliott. Committees consider endorsing candidates for auditor general state treasurer and superior court judge.
Analysis notes stock prices peaked late last year, spiked in early 1960, then fell with the Dow opening January at a record 686. After weeks of decline and a modest rally, the month ended with a net drop. Despite favorable corporate earnings and rising industrial production, investors shifted to bank deposits or bonds for income. Some blame selective buying and rising bond yields attracting pension funds and fixed income investors. President Eisenhower’s budget stance and inflation worries may have reduced stock appeal as a hedge.
Publisher Matthew H. McCloskey Dr Democratic National Treasurer Mrs Emms Guffey Miller Slippery Rock R D 3 Democratic national committeewoman Rep Francis B Walters Easton Former Gov Leader of York expected to join list
A early morning fire in Fréensburg, six miles south of the city, destroyed a family home housing parents and six children. Neighbor saved 3 year old Carrie Wald as flames surrounded the living room while older brothers guided siblings outside in subzero weather. Firemen could not save any possessions after defective wiring sparked the blaze.
Milton Alfred, 25, of Ashtabula, was hospitalized in critical condition after his car was struck by a New York Central train at a crossing with gates and signals. Police report he was alone. he suffered fractured ribs, a fractured nose, and possible internal injuries. Also noted is the death of British astronomer Dr. H. Percy Wilkins, 62, after an illness.
CJ Observing 40th Year highlights Corry Jamestown Corp long history from 1920 steel office furniture production in Corry. The firm employs 700, plans include expanded dealer network, broader product line, and a new West Coast plant with a CJ chair line to be sold nationwide.
Nationwide fires claim numerous lives as flames engulf houses and gatherings. Six Black residents die in a Manning farm house fire from gasoline fumes. three others burned. Separate blazes in Philadelphia and Dallas kill children. two teens die in a Vermont auto fire linked to possible carbon monoxide.
Invitations have been sent to about 60 residents to join a public information committee. The panel, sponsored by Titusville Area Schools, will inform voters about a merger referendum on the April 26 primary ballot. An upcoming February 1 meeting will be held in the Titusville High School cafeteria.
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