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Decatur Daily in Decatur, Alabama

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Newspaper

Decatur Daily

Location

Decatur, Alabama, United States of America

Date

Aug 21, 1955

Page

5

Sluggish Week for Stock Market Hints at Rally

New York investors faced a fourth week of sluggish, confused price moves as the AP index of 60 stocks slid to 171.30. After a July peak of 177.00, analysts say the market may be preparing for a rally if it continues to consolidate gains.

New York Associated Press Wall Street

Market Hesitates as Volume Drops and Copper Rally Pressures

Traders expect a test of prior lows before a substantial rally, noting weak volume at 1,454,000 shares daily this week and about 2,700,000 on average this year. Copper rose to 40 cents, prompting selling, while Du Pont tumbled after a dividend surprise, dipping 6 1 2 points to 21 1 2 before partial recovery.

Wall Street du Pont

Parker Receives Naval Academy and Bainbridge Appointment

Neal Gordon Parker son of Mr and Mrs Gordon Parker of 311 3rd Ave SW earned a congressional appointment from Rep Bob Jones to Bainbridge Preparatory School and the United States Naval Academy Annapolis Md He graduates from Decatur High School 1955 and has worked as lifeguard and instructor at Blue Haven Swimming Pool He plans to enter Annapolis in June 1956 and is listed as Neal Gordon Parker SR 298 1593 1st Reg 11th Bn Co 384 USNTC Bainbridge Md In Geneva the atoms for peace conference president Eisenhower and Soviet premier Bulganin backing calls for a second conference with Homi J Bhaba reporting broad support and a pledge by Willard F Libby to aid rapid atomic electric power production.

Neal Gordon Parker Gordon Parker 3Rd Ave Bob Jones Bainbridge Preparatory School United States Naval Academy Annapolis Neal Decatur High School Blue Haven Bainbridge S. R Reg 11Th Bn. Co Geneva Eisenhower Bulganin Homi J. Bhabha India Bulgaria Bhabha Lewis L. Strauss U. S. Atomic Energy Commission Dag Hammarskjold U.N U.N. General Assembly United States Willard F. Libby U.S. Atomic Energy Commission

Draughon to Take Rest From Duties as Auburn Proxy

Dr. Ralph B. Draughon will take a rest and vacation from his duties as president of Alabama Polytechnic Institute. Dr. David W. Mullins, executive vice president, will be in charge during his absence. Draughon has led API since 1948 and joined the staff in 1931. L. O. Brackeen issued the statement citing a heavy schedule as the reason for the break.

Auburn Ralph B. Draughon Alabama Polytechnic Institute David W. Mullins Craughon API L. O. Brackeen Ralph B. Craughon David W

End of Week Reading Reaches 218 1 2

The report notes a value of 218 and a half across the closing period at week end. No further context or names are provided in the fragment.

Eye Bank Founded at Iowa City Medical Center

Iowa City establishes the state’s first Eye Bank at the University Medical Center with support from 250 Lions Clubs raising over $10,000. Dr. Alson E. Braley heads ophthalmology and Mullins oversees operations as the executive in charge.

Iowa City Iowa State University of Iowa Medical Center Iowa Lions Clubs Alson E. Braley

Arsenal Rocket Expert To Speak To Rotarians

Conrad Swanson of the Ordance Missile Laboratories at Redstone Arsenal will address Decatur Rotarians Monday at 12 15 p m at the Lyons Hotel. His talk covers Research in the Field of Guided Missiles and Rockets. Swanson, a Redstone staffer, has worked at China Lake on interior ballistics and joined the Army Ordnance program in 1950 1952 career details and memberships are listed. He holds a Carleton College bachelor and a UC master degree.

Huntsville Conrad D. Swanson Rotary Club Decatur Lyons Hotel Swanson Rocket Development Division Ordance Missile Laboratories Redstone Arsenal Naval Ordance China Lake Calif Army Ordnance Carleton College Minn University of California American Astronomical Comical Society of the Pacific American Physical Society American Rocket Society Research Society of America American Men of Science

ForgerY Increase Hits East Lansing Merchants

Detroit postal inspector Donald Schoof warns of rising forgery as bad check artists target merchants amid talk of postmortem medical use. Iowa passes law permitting donation of body parts for medical use.

East Lansing Mich Donald Schoof Detroit Iowa

Delia Downing Chenault obituary in Russellville

Mrs Delia Downing Chenault longtime Russellville resident and mother of W L Chenault died Friday at 11 pm at her home. She organized the Russellville P T A served as Republican woman committeewoman and studied at Tukia Institute and the University of Alabama. Funeral services were set for 2 30 pm at the residence.

Russellville Delia Downing Chenault W. L Bill) Chenault Decatur Chenault

Obituary: Local Woman to Be Buried in K P Cemetery

Funeral services at Our Lady of Sacred Heart Church in Tuscumbia will be followed by interment in the K of P Cemetery. Russellville firm Highsmith Funeral Home directs. Survived by son, sister Miss Lucy Downing of Moulton, four daughters including Mrs. Robinson of Anniston and Mrs. Buck of Manhasset, several grandchildren, and many nieces and nephews. Pallbearers named from Sheffield Decatur and Russellville.

Our Lady of Sacred Heart Church Tuscumbia K. of P Highsmith Funeral Home Russellville Lucy Downing Moulton Anniston Burton R. Buck Manhasett Long Island N.Y Joseph A Calwell Walter F Russellsvile Maes Theron Blackwell Lawrence C. Church Sheffield Louis Namie Decatur Morrison Orman John McKinney, Jr A. B. Wood, Jr Charles Cook Pelham Sargent

Also Mentioned on This Page

Stock Mart Decatur Transfer & Storage CO Hazlewood High School Golden Bears Town Creek Bears Gail Rose Judy Kent Linda Upton Sheron Thrasher Cynthia Streater Norma Brackin Marlene Hill Jackie Truitt W.T. Grant CO Second Avenue Grant Street Gloria Caril A Aes Garrison Deecatur Alabama Atoms-For-Peace Conference Draughon Arsenal Bill Chenault Tomer Schoof Bank of the United States Nou HERTZ Decatur Transit Kelvinator Lagoon Bermuda South
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