Curtiss-Wright Seizes Control of Studebaker Packard
Curtiss-Wright gains practical control of Studebaker-Packard as top SP executives depart. Harold Churchill may become SP president with Roy Hurley as board chair under a two year management deal and a 12 year SP facilities lease for 25 million dollars. Shares trade near 8 dollars.
MENTIONED IN THIS ARTICLE
David J. Wilkie
AP Automotive
Detroit
Curtiss-Wright Corp
Studebaker-Packard Corp
Curtiss-Wright
Studebaker- Packard
Corporation
Paul G. Hoffman
James J. Nance
Studebaker - Packard
Harold Churchill
Studebaker-Packard
Studebaker
S-P
Roy Hurley
Curtiss- Wright
Pioneer Aircraft Company
Auto Company
New York Stock Exchange
Vacation season shifts focus from rest to service
The piece envisions a record year for travel with nearly 100 million people seeking change and relaxation. It notes some will feel unsatisfied, but most return tired yet enriched, as vacations broaden spiritual horizons and prompt acts of kindness toward others.
MENTIONED IN THIS ARTICLE
Robert L. Dieffenbacher
NEA
Air Force Claims Unofficial Speed Record by Bell X2 Pilot
In New Orleans the Air Force announced an unofficial world speed record of 1900 mph set by Col. Frank Everest in the Bell X2 near Edwards Air Force Base. The Defense Department will not confirm the feat officially. Everest reportedly flew the rocket plane four times the speed of a bullet, close to three times the speed of sound, surpassing the 1650 mph mark set by Maj. Charles Yeager in 1953. He declined to comment due to Air Force security rules.
MENTIONED IN THIS ARTICLE
New Orleans
Air Force
Defense Department
Col. Prank K.everest Dry
California
Edwards Air Force Base
Charles Yeager
Everest
Air Force Assn
Frank K. Everest Jr
Army Navy Air Force Differences Sharper in Eisenhower Era
Gen. Nathan F. Twining told a Senate subcommittee that interservice rivalry has grown sharper during Eisenhower’s first three years. He said the Navy and Army monitor the Air Force closely and warned that overemphasis on conventional forces could hinder development as the nuclear era grows. He argued for basing forces on atomic weapons and prioritizing strategic programs over old warfare.
MENTIONED IN THIS ARTICLE
Washington
Nathan F. Twining
Army
Navy
Air Force
Senate
Armed Services
Twining
King
Interservice Crivalry
Subcommittee
Sen
Symington Dmo
Eisenhower
Symington
French Leaders Call for Strong Action Over Suez
In Paris Premier Mollet and Foreign Minister Pineau urged the National Assembly to take drastic steps to block Egypt from controlling the Suez Canal. They warned Nasser cannot guarantee free shipping and called for an international body to secure passage amid Western tensions with the United States.
MENTIONED IN THIS ARTICLE
Paris
Guy Mollet
Christian Pineau
National Assembly
Egypt
Suez Canal
Pineau
London
France
Gamal Abdel Nasser
Mollet
Nasser
Truman
Britain
United States
U. S
State Dulles
Western Alliance
Court Martial Case Nears End in McKeon Trial
At Parris Island Marine S Sgt Matthew C McKeon faces a six member court martial plus a Navy doctor over involuntary manslaughter and discipline charges linked to the Ribbon Creek march tragedy. Prosecution says he was reckless while defense argues panic and training methods are at fault. Proceedings continue as witnesses and closing arguments approach.
MENTIONED IN THIS ARTICLE
Parris Island
S. C
Matthew C. McKeon
McKeon
Randolph McC. Pate
Lewis B
Chesty) Puller
Ribbon Creek
Navy
Irving N. Klein
New York City
Charles B. Sevier
Jacksonville
Emile Zola Berman
Berman
Keon
Se Noone
Halls of Congress
Randolph McCall Pate
Marine Corps
Nat
Polio Cases Reported In North Carolina Week Ending July 28
Twenty polio cases were reported in North Carolina for the week ended July 28 by the State Board of Health, bringing the year total to 60. About 40 percent of cases yearly are paralytic. three patients this year received the Salk vaccine, with one paralytic and two non paralytic cases.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
State Board of Health
Dulles to address nation on Suez crisis talks
Secretary of State Dulles will report on London talks and Suez crisis tonight in a 15 minute broadcast introduced by President Eisenhower. The CBS and ABC networks will carry the address live at 7 p.m. EDT. NBC will film for later TV use at 7:30 p.m. EDT.
MENTIONED IN THIS ARTICLE
Washington
Dulles
London
White House
Eisenhower
CBS
ABC
NBC
Privy Council
Arundel Castle
Guy Mollet
Christian Pineau
Theseus
Portsmouth
Mediterranean
Bulwark
Glasgow
Transport Ministry
Nicosia
Cyprus
U. S
State Dulles
Selwyn Lloyd
Pineau
Nasser
Great Emergency Declared As Britain Mobilizes for Suez Talks
Queen Elizabeth II proclaimed a great emergency and called army reservists as Britain and France mobilize for a 24 nation conference on the Suez Canal planned for Aug 16 in London. Ministers from the three powers pushed plans and invited Russia Egypt and others to attend.
MENTIONED IN THIS ARTICLE
London
Britain
France
Mediterranean
Suez Canal
Russia
Egypt
Cairo
Gamal Abdel Nasser
West Germany
Japan
Spain
New Zealand
British Foreign Office
Elizabeth II
Treasury Plans $3 Billion Tax Anticipation Issue
The Treasury will borrow $3 billion this month via tax anticipation certificates bearing 2 percent interest. Subscription opens Monday Aug 6, with certificates dated Aug 15 and maturing March 22 next year to fund income and profits tax payments due March 15.
MENTIONED IN THIS ARTICLE
Washington
The
Treasury Today
Secretary of the Treasury
Humphrey
Treasury
Ery
Behan Goes on Water Wagon After TV Drunken Episode
Irish playwright Brendan Behan announces he has begun sobriety to attend a performance of The Quare Fellow. He says he averaged two bottles of whiskey daily for a decade and is now in a program to cure his drinking, after a televised London interview where he admitted being drunk.
MENTIONED IN THIS ARTICLE
Dublin
Brendan Behan
Britain
Quare
Behan
Irish Republican Army
Nuan
London
British Corp
Woolson to Receive Full Military Rites in Duluth
Albert Woolson, last Civil War veteran in Blue, will receive full military honors at his funeral in Duluth. An honor guard and visiting dignitaries will accompany his coffin, with the 5th Army band leading the procession from the National Guard to Park I Cemetery. The drum and fife corps of the Sons of Union Veterans will conduct graveside rites.
MENTIONED IN THIS ARTICLE
Duluth
Minn
Albert Woolson
Woolson
Hugh M. Milton
Orville Freeman
Minnesota
Walter W. Williams
Franklin
Tex
William Allen
Lundy
Laurel Hill
Fila
John Salling
Albert
Great River
Uth
5Th Army Band
Anced and
Maaan
Duluth National Guard A
Park I
Akron, Ohio
Drum and Fife Corps of the Sons
Union Veterans
Civilar
Tobacco Prices Fail To Improve On Border Markets
South Carolina and Border North Carolina markets opened weak with an average of 45.28 per hundred on 8.52 million pounds sold. Officials blamed disappointing prices and leaf quality, noting last year’s averages were higher at 57.16 and 52.57 respectively. H. J. Rollins of the USDA Tobacco Market News Service commented on the day’s activity and leaf quality.
MENTIONED IN THIS ARTICLE
South Carolina
North Carolina
Federal State Market News Service
North C
H. J. Rollins
Usda Tobacco Market News Service
Boulevard Bandit Arrested in Fayetteville Case
Cpl. Lawrence W. Stone 22, of the 307th Airborne Medical Battalion, dubbed the Boulevard Bandit, was arrested after a spree that included robberies near Bragg Boulevard. He allegedly robbed a theater and other locations, took 118 dollars, discarded a 9mm pistol, and confessed plans to quit. Stone, a Miami native, lived at Spring Lake with his wife and 6 month old child.
MENTIONED IN THIS ARTICLE
Fayetteville
N. C
L. F. Worrell
Boulevard
Worrell
Lawrence W. Stone
307Th Airborne
Bragg Boulevard
Army Post
Stone
D. T. Averett
Spring Lake
Mt. Bragg
Bragg
Also Mentioned on This Page
Cow Palace
San Francisco
Man It
Sgt. McKeon
Menzies
Associated Press
Boulevard Bandit
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