Stocks ease after firm session amid light trading
Stocks turned easier before noon as investors stayed on the sidelines awaiting Washington developments. Losses were small with some issues holding at prior levels. a few high priced stocks countered the trend, while steel shares slipped slightly and GM eased to 62 1/2 after record first quarter sales.
MENTIONED IN THIS ARTICLE
New York
Washington
Bethlehem Steel
U. S. Steel
General Motors
Chrysler
Texas Pacific Land Trust
Massive Tornado Packed Squall Line Ravages Mid-South
A massive tornado packed squall line left eleven dead across the Mid-South as it crossed Louisiana Mississippi and Alabama. Flooding hit Jackson Mississippi and Alexandria Louisiana with hundreds displaced. Texas reports death toll rising with at least ten dead.
MENTIONED IN THIS ARTICLE
New Orleans
Mid-south
Georgia
Louisiana
Mississippi
Alabama
Texas
LaFayette
John Yancy
Thomas Neil Guilliams
Hope
Ark
Clennie Green Porter
Byhalia
Miss
Milk Board Power Taken for Indigent TB Patients Debate
The North Carolina House passed a milk control bill by a 57 to 43 margin after a 90 minute debate. The measure would create a six member commission with broad powers over processing and distribution of milk and would restrict marketing areas for milk distributors and producers. Several representatives warned of a state monopoly and loss of free enterprise, while supporters argued for cheaper better milk and public protection. The article notes the enrolling staff rushing to finish bills before adjournment and that the 1953 Legislature is the longest since 1935.
MENTIONED IN THIS ARTICLE
House
W. B. Rodman
Beaufort
George Uzzell
Rowan
Carolina
Roger Kiser
Scotland
John Umstead
Orange
North Carolina
Ed Overron
Mecklenburg
Raleigh
Dn Cuguert
Lacey
Rep
Moore
Wilson
Senate
Prosperity Seen Ahead by U S Chamber of Commerce
United Press interviews with 30 of 55 directors at the chamber annual meeting show near unanimous belief that 1953 will be a good year for all businesses. They expect increased civilian demand to offset defense cutbacks and foresee a brief postwar adjustment period.
MENTIONED IN THIS ARTICLE
Washington
U. S. Chamber of Commerce
United Press
Eisenhower
Korea
Ike Asks Big Budget Cut
President Eisenhower press advisor Bridges declined to reveal specific spending figures during a 2% budget meeting with Congress members. Taft and Taber signaled substantial reductions would aim toward balancing the budget, with Taber noting figures are blossoming and promised soon.
MENTIONED IN THIS ARTICLE
Ike
Taft
Congress
Bridges
Rep
Taber
Rny
House Appropriations Committee
Eisenhower
Also Mentioned on This Page
General Electric
Maerocet
Gulf
Tl Central
Interchemical Corp
International Harvester
International Nickel
International T & T
Johns-Manville
Kennecott
Tt & Myers
Ard
Lou & Nash
Monsanto
Bo: Packard
Paramount Pictures
Pennsylvania
Telescope
Prie MN On
Holl
Honolulu
Walter H. Mitchell
Greenville, Tenn
Center
Panmunjom
United States
Deborah Kerr
Ett
Donna Reed
Hawaiian Islands
Alexandria
Ruston
Lake Charles Air Force Base
Leesville
Memphis
Tenn
Willie B. Hopkins
Mississipi
Tennessee
Kentucky
Milk Board
Richard B. Mooney
United Press Staff
Chamber
Daniel A. Reed
R-N.y
Chinchillas
TEL
Pompet Lil
Mother
Hosiery Package Store
North Main
BUICK
W. F. Mauldin, Inc
N. Main ST
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