07 Jun 1955
Page 1
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Newspaper
Garden City Telegram
Location
Garden City, Kansas, United States of America
Date
Jun 07, 1955
Page
1
The Board of Education tabled hiring in specialized fields until full board presence. Lupt. J. R. Jones recommended hiring a special education teacher and child counsellor, proposed adding a music staff member, and suggested a year or 80 for a full music study.
Secretary of State Dulles said Russia may be willing to ease control of Eastern European satellites. He noted a cease-fire vibe in Formosa with reduced danger versus three months ago and tied greater Soviet tolerance to Yugoslavia’s independent stance after a high level visit.
The Oklahoma Board of Regents for Higher Education voted 8-1 to integrate white and Negro students at 18 state colleges, effective the fall term in September. The action aligns with a Supreme Court ruling to complete integration as soon as feasible and follows six years of gradual inclusion in graduate programs amid no notable backlash.
Fred Newman 20, walking home in Santa Monica late last night, was accosted by a gunman who demanded money. Newman handed over 50 cents and, when searched, twisted the rifle away and fled to a nearby building. The robber then cried that he supported a wife and kids, but died after the confrontation.
Wheat futures rose about four cents with July at 1.9894. Corn and oats up, rye higher, soybeans steady to up. Wheat futures open interest 65,747,000 bushels. Wichita livestock shows cattle 1800 and hogs 800 head with varied price moves. Slaughter steers 18.50 to 21.00, hogs 19.00 to 20.80, lambs 22.00 to 23.50, calves steady to lower.
Kansas City market notes cattle 6000 head calves 500 with fed steers and heifers mostly steady to lower, cows up to 50 higher, vealers and feeders strong. Hogs 1500 head steady to 50 lower with choice 190-240 lb at 19.50, 190-215 lb around 19.65. Sheep 3500 head lambs active, steady to 25 higher. spring lambs 24.00-24.00, ewes 3.00-4.50.
President Eisenhower warned against fatuous expectations that a Big Four conference will cure world ignorance and fear. In a 20 minute address at West Point he urged stern determination and wisdom at the conference table as the enduring effort for peace May last a generation. He promised a measured start with the Geneva proposal and noted the graduation of 489 cadets as diplomas were awarded.
Police issued a statewide alert for Carl L Brinegar a 50 year old El Dorado cleaning plant operator who vanished Saturday after a Wichita trip Relatives and officers said Brinegar had been suffering headaches and may have had a nervous breakdown
British railway workers accept a five point peace formula aimed at ending a 10 day strike. ASLEF agrees to direct talks with the British Transport Commission while the 67,000 strikers remain off work. The National Union of Railwaymen debates the plan before responding.
Admittances list several residents including Mrs Frank Schmale and Kenneth Gray with addresses on C street and North Tenth. Birth notices report a 7 lb 15 oz girl for Mr and Mrs Frank Schmale and a 6 lb 13 oz boy for Mr and Mrs Robert Moore both born Monday at St Catherine.
The product Blue Lustre is marketed as the easiest and cleanest home rug cleaner. It claims to leave no residue, restore pile to a fluffy open nap, and revive colors like magic. Easy to apply, safe for fine fabrics, and inexpensive, a half gallon cleans three 9 by 12 rugs. Fankhauser's 105 Grant, phone 8762.
The United States filed a claim for 1,620,295 against the Soviet Union at the World Court for the loss of a B29 bomber and its eight-man crew over northern Japan during a training flight. The plane disappeared on Oct. 7, 1952, after reportedly being pursued and shot down by two Russian planes within Japanese waters. Moscow may accept or reject the court's jurisdiction.
Yes many insurance companies and pension funds own common stocks today. Institutions of all types hold about one fourth of all NYSE listed common stocks with a market value around 40 billion dollars. University endowments and other foundations diversify with bonds and preferred stocks, but many have significant stock holdings. A member of the Exchange will provide free facts to help plan investments.
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