Wall Street Needs Help To Recover
Wall Street analysts say the stock market needs Washington aid to bolster business and restore investor optimism. Eldon A. Grimm and B. K. Thurlow urge immediate tax cuts for individuals, accelerated depreciation for new plant, and margin requirement reductions to revive credit and stimulate the market.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Washington
Eldon A. Grimm
Walston & Co
B. K.thurlow
Winslow, Cohn & Stetson
Congress
May Wheat Contracts Up On Quiet Grain Session
The May wheat contract rose three cents a bushel on the Chicago Board of Trade while other grain prices were steady to weak in light trading. It marked the second general market decline in two days after earlier firmness. July wheat closed around $2.14, corn fell about 3.33 cents, oats down 34 to 44, rye down about 1, soybeans little changed to down slightly in the same session.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Ham Water Added label ordered for smoked hams
The Agriculture Department directs that smoked hams with added water be labeled Ham Water Added, replacing the voided Imitation Ham order. Armour & Co. challenged the original ruling reaching the Supreme Court after Ezra Taft Benson allowed moisture up to 10 percent during curing in 1960.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Orville L. Freeman
Armour & Co
Supreme Court
Secretary of Agriculture
Ezra Taft Benson
Freeman
Late Rally Lifts Market After Downturn
New York AP reports a dramatic stock market rally on Friday ending a four session slide. The Dow rose 15.18 to 578.18, AP 60 up 5.50 to 214.10, and volume reached 7.13 million shares. Industrials, rails, and utilities posted gains amid broad advance across 837 stocks.
MENTIONED IN THIS ARTICLE
NEW York
New York Stock Exchange
Associated Press
American Stock Exchange
U.S Government
Butcher Hog Prices Hit Five Month High In Chicago
AP reports the butcher hog market rose to its highest level in five months as No 1 and 2 grades traded near 18.00 per hundredweight. Prices advanced 25 to 50 cents for the second day, with top sales reaching 18.00 and 18.25 for 190 to 230 pound kinds, and 18.00 to 18.25 for 180 to 250 pound mixed grades. Heavier hogs priced at 15.25 and up, sows 12.50 to 15. No slaughter cattle or bulls reported. Some prime grade spring stock discussed.
MENTIONED IN THIS ARTICLE
Chicago
Dancer testifies on first club job and alleged collusion
Anita Lopushok known as Fatima testified to Senate investigators that she was stripped naked on her first night club night and forced to perform in a bright spotlight. The hearing examined alleged ties between AGVA officials and strip club operators amid accusations of coercion and exploitation of young performers.
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Anita Lopushok
Senate Investigations Subcommittee
Washington
Fatima
Senate
American Guild of Variety Artists
Jonn L. McClellan
D-Ark
McClellan
AGVA
Ann O'Connor
Chicago
Comedienne
Jackie Bright
Bright
Baltimore
Dorothy Lamour
Amber
AGWA
Entertainers’ Union
Sarong
Martin Cavenaugh
Union
Joseph Aiuppa
Roswell T. Spencer
Cook County
Aiuppa
Cicero
THAT'S EARL BROTHER- Susan's secret Monroe diet plan
Susan Strasberg reveals Marilyn Monroe inspired non cholesterol diet used at a White House dinner. She details food choices from fish to skinless chicken and saccharine tea while noting Marilyn's similar regimen and her own plans for The Method and a London stage role in September.
MENTIONED IN THIS ARTICLE
New York
Marilyn Monroe
Susan Strasberg
White House
Tennessee Williams
Susan
Europe
Liz Taylor
Market Lamb Prices Signal Stronger Demand
Slaughter lambs brought 26 dollars with the market for that class firm to 1 dollar higher. A few mostly choice offerings sold for 24.50 to 25 dollars.
MENTIONED IN THIS ARTICLE
Slaughter Lambs
Pigeons Disrupt Life in Miami Neighborhood
Mae Belle Cain keeps a flock of freeloading pigeons that swarm the area after she nursed one back to health. Neighbors protest as birds raid feeding sites and dust clotheslines, making laundry and outdoor life difficult in the neighborhood.
MENTIONED IN THIS ARTICLE
Miami
Fla
Mae Belle Cain
Murder Suspect Bound To Jury
Athens Limestone County Court bound over Rosie Banks 52 charged with first degree murder for fatally shooting her husband Nick Banks June 9. Bond set at 1500. Nancy Wallace probation 3 months for public drunkenness and Billy Thomas probation 6 months for highway intoxication. Seventeen other cases tried including licenses and various misdemeanors.
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Athens
Rosie Banks
Limestone County
Nick Banks
Nancy Wallace
Billy Thomas
Morgan County Rock Creek Community Update
Mrs Goin Smith at SP 3 9465 residence of Ruth Gurley reports Ida Hopper ill in Cullman Hospital. Lowell Thomas Woodall of the U S Air Force visits parents Homer and Mrs. Woodall after overseas. Self reunion held at Stringer Church. Malinda Lewis ill. W C Martin and Michigan visitors with William Martin and David Childers. Ruth Weaver on sick leave with flu.
MENTIONED IN THIS ARTICLE
Goin Smith
Ruth Gurley
Ida Hopper
Cullman Hospital
Lowell Thomas Woodall
U. S. Air Force
Homer Woodall
Stringer Church
Malinda Lewis
W. C. Martin
Clarksville, Michigan
William Martin
David Childers
Ruth Weaver
The
Fla
Ives in Nashville Seeks Songs for New Record
Folk legend Burl Ives arrives in Nashville for recording sessions unsure of his choice. He says he listens until something fits the job and that appeal comes from poetry and human themes. He adds he sings like telling a story for any audience.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Bur Ives
Ives
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