Market outlook muddled amid inflation fears and defense spending
The article weighs the fragile rise in markets tied to inflation, defense orders, and profit pressure from a new 7 percent tax bill. It notes uncertainty over peace prospects, continued Soviet threats, and looming political shifts led by Truman and Eisenhower. It highlights bank fronts in takeovers, especially Lawrence Portland Cement and National Can, plus mixed stock activity and inflation signals across sectors.
MENTIONED IN THIS ARTICLE
Harry Truman
Lawrence ‘Portland Cement
National Can
Stock Exchange
Chase Bank
Investment Trust
Benjamin Graham
Jerome Newman
County Trust Co
White Plains
Lawrence Portland
Follawsbee Steel
Taylor-Wharton Steel
Graham and Newman
Standard Oil of
Indiana
Lawrence
Curb Exchange
New Field
Dakotas
Monio
Federal Reserve
the Stock Exchange
Six Children in DeMars Family Struck by Polio
The 53 year old mother of eight, six already hospitalized with infantile paralysis, fears two others may be spared. Patricia, 11, became the sixth child to show symptoms, joining Richard, 3, David, 10 months, Donald, 10, Shirley, 5, and Carole at home. Donald and Richard are in iron lungs as doctors monitor possible after effects. The family’s case mirrors prior outbreaks in Minnesota and Reno.
MENTIONED IN THIS ARTICLE
van Nuys
Cal
Donald F. DeMars
Chhildren
Patricia
Patty
DeMars
General Hospital
Hoste Tein
United O F
States
Francis Francis Lei
Moyne
Washington, Penna
David
Donald
Shirley
Audrey
Gelidia Seutas
Ard
Robert
Carole
National Foundation For Infantile Paralysis
Minnesota
Reno
Nev
Athletes Foot Germ How To Kill It Ad
An old advertisement promises a fast solution for athlete’s foot with a high concentration formula. It claims deep penetrating action and undiluted alcohol base for quick results, urging purchase at Cecil’s for 41 cents.
MENTIONED IN THIS ARTICLE
Cecil's
Peace Talks in Korea Still Far From End
Cease-fire negotiations in Korea may resume in a day or two but a war end remains distant with August, or even September, as possible. The main dispute centers on a buffer zone and cease-fire line along the 38th parallel, with the Communists insisting on a six mile zone and the Allies resisting losing captured territory and mountain defenses. The talks have stalled after nine meetings, with Nam Il and Gen Ridgway signaling no quick breakthrough and inspections of rear areas key to any armistice.
MENTIONED IN THIS ARTICLE
General Eisenhower
Wendell Willkie
Si Antly
Willkie
Eisener
Korea
United Nations
38Th Parallel
North Korea
Matthew B. Ridgway
Nam Il
Ee Se Kaesong
Presbyterians Open Bible Conference at Montreat
The Presbyterian Bible Conference opened at Montreat bringing together leaders from across the United States and several foreign countries. Principal speaker is Dr. George Docherty of New York Avenue Church Washington with other speakers including Rev. Paul Freeland and Dr. Daniel Iverson. Bicycles built for India and Africa feature cushioned pedals for barefoot riders.
MENTIONED IN THIS ARTICLE
Montreat
Presbyterian Bible Conference
United States
George Docherty
New York Avenue
Church
Washington, c
Paul Freeland
Presbyterian Church of the
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Leslie Gould
Richard
Belk’s Bargain Basement
Belk Beck
Bargain Basement
High Point
Bayon Gabardine
Jacksonville
Camp LeJeune
West Virginia
Superior Court
Recorder’s Court
Neeces
Harvey Boney
Fred H. Buck
Buckholz
Freeman H. Daugherty
Kenneth R. Gould
Paul Golen
Conrad William
William Newton
Presbyterians Open Bible Conference
India
Africa
Sportswear Dept
Catalina
Belk
Beck