Market declines on modest selling amid health concerns
New York stocks eased as selling spread across sectors including steels, motors, railroads and oils. Traders cited rumors about President Eisenhower’s health weighing on sentiment, while Clinton Foods announced plans to liquidate and pay cash to shareholders.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Eisenhower
Clinton Foods
Marathon Corp
Benguet Consolidated Mining
General Motors
Soviet Tilt Intensifies Kashmir Row Amid Khrushchev Visit
Soviet premier Khrushchev’s India visit stirs Kashmir tensions as India and Pakistan trade unyielding positions on plebiscite terms. New Delhi and Islamabad fear renewed South Asian conflict while Western and UN observers watch closely amid shifting Cold War loyalties.
Eisenhower Aide’s Resignation Prompts Probe Demands
Monroney and others push for a congressional inquiry into what they call Lee’s ouster from the Civilian Aircraft Administration amid friction with Lowen and Rothschild. Lee recalled weeks of tensions before Weeks demanded his resignation and the White House accepted it.
MENTIONED IN THIS ARTICLE
Ation
Lee
Lowen
Denver
CAA
Rothschild
Louis S. Rothschild
Weeks
Eisenhower
White House
Coonceiter
NBC Signs Judy Garland To 1959 TV Contract
NBC signs Judy Garland to an exclusive television contract through 1959. She will appear on the network once a year with Sid Luft as producer. The fee was not disclosed.
MENTIONED IN THIS ARTICLE
NBC
Judy Garland
New York
Columbia) Broadcasting System
Sid Luft
Miss Garland
French party lines form four blocs for coming elections
The article outlines four main political alignments in France: Mendes-France led Socialists and Radical Socialists with other groups under a Republican Front. a right-of-center alliance around Edgar Faure and Antoine Pinay with MRP and other conservatives. the Communists running independently after being excluded from alliances. and the Poujadists led by Pierre Poujade aiming to mobilize small shopkeepers. De Gaulle’s RPF is weakened from 1951.
MENTIONED IN THIS ARTICLE
Pierre
Poujadists
Pierre Poujade
Union For the Defense of Small Shopkeepers and Tradesmen
UDCA
Poujade
Charles de Gaulle
Rally of the French People
RPF
Rail line awarded fast tax write-off for freight cars
The Office of Defense Mobilization gave Atlantic Coast Line Railway Co. a fast tax write-off certificate enabling $5,047,000 of new freight cars. Eighty five percent of the cost will be amortized for tax purposes in five years instead of 25. Hennis Freight Lines also received a tax write-off for a $150,000 motor freight terminal covering 60 percent of its cost.
MENTIONED IN THIS ARTICLE
Washington
Office of Defense Mobilization
Atlantic Coast Line Railway Co
Wilmington
N.C
Hennis Freight Lines, Inc
Winston-Salem
Cold Weather Dominates Nation From Plains To Atlantic
The Associated Press reports an extensive cold spell with sub zero readings in parts of Minnesota and Wisconsin, Grantsburg recording 15 below. Highs near 69 at Vero Beach, heavy rain in Oregon and Washington with 3 inches at Astoria and 1.37 inches at Seattle. Forecast says continued cold east tonight, warmer plains, rain in northwest and Gulf coast, snow in northern New England, Great Lakes, and northern Plains.
MENTIONED IN THIS ARTICLE
Associated Press
Rocky Mountain
Plateau
Atlantic States
Minnesota
Wisconsin
Grantsburg
Wis
Vero Beach
Oregon
Washington
Astoria
Ore
Seattle
Gulf Coast
Florida
New England
Great Lakes
Northern Plains
North Carolina Forecast Affects Inland and Coastal Areas
Weather bulletin outlines a cold spell across North Carolina with west mostly fair skies and east substantial cloudiness. Highs reach 38 to 48 and nights dip to 12 to 20 mountains, 20 to 27 Piedmont, 27 to 35 coastal plain. South Carolina sees cloudy trend with little temp change, interior lows 25 to 28, coastal 28 to 32.
MENTIONED IN THIS ARTICLE
North Carolina
Mountains
Piedmont
Coastal Plain
South Carolina
Wake Forest panel probes college ties amid no confidence vote
Faculty leaders from Winston-Salem Roxboro and Newton join Wake Forest alumni group in a trustees meeting demand to dismiss Dr Tribble. Resignations of Preston and Rogers expected at the December 22 session. Students stage a demonstration burning Tribble in effigy as investigation targets administration relations with faculty staff students and alumni.
MENTIONED IN THIS ARTICLE
E. L. Davis
Winston- Salem
General Alumni Association
R. P. Burns
Roxboro
Lawyers Alumni Association
Ed Harrell
Newton
Deacon Club
William W. Ward
Lexington
Hutchins
Board of Trustees
Preston
Rogers
A Watkins
Durham
Wake Forest
Goldsboro
Dr. Tribble
Pastor heads Machinists lodge in Connecticut
The Rev. Elmer B. Naylor, pastor of Wood River Baptist Church in Rhode Island, was chosen to head Lodge 627 of the International Association of Machinists in Pawcatuck, Connecticut. He works a night shift milling machine at C. B. Cotrell and Sons Co. and leads Sunday services at his church.
MENTIONED IN THIS ARTICLE
Pawcatuck
Conn
Elmer B. Naylor
Wood River
R.I
Six Principle Baptist Church
Lodge 627
International Assn. of
C. B. Cotrell and Sons Co
Eisenhower weighs next term as doctors report steady rest
Ike cools at Gettysburg farm after a full medical checkup at Walter Reed. Senate voices split on timing for a second term decision with Bridges hopeful before the February filing deadline while Ives Watkins urge patience. Doctors say his health is stable and rest continues with no unusual findings.
MENTIONED IN THIS ARTICLE
Gettysburg
Sen
Bridges
R-Nh
Eisenhower
New Hampshire
Ives
New York
Watkins
Utah
Harold E. Stassen
Army
Walter Reed Hospital
Snyder
White House
Coed Won’t See Monaco Ruler in US Visit
Champaign Illinois. A University of Illinois coed who traveled to Monaco to meet Prince Ranier II says she will not see him during his United States visit. Ranier left on the liner United States. he seeks a wife to ensure Monaco keeps its rule and taxes under control. Jo Ann Stork, 21, had hoped for a romantic connection but reports no romance. Also noted is Canada’s lead in nickel production, with 1954 output over four times that of the rest of the free world combined.
MENTIONED IN THIS ARTICLE
Champaign
University of
United States
Ranier
Canada
Free World
Also Mentioned on This Page
General Dynamics
Ano Electric Gulf C.panent Motors
Goodyear Tire & Rubber
International Harvester Jones Laughlin ‘Steel Johns Manville
Loew's Inc
Pennsylvania Railway
Pepsi-Cola
Proctor & Gamble Republic Steel Ic Sears Roebuck
J. P. Stevens Co
American Tel
Tel
the Texas Co
Union Carbide & Carbon
United Aircraft Corp, Agoy Electric Co
U.S
Pakistan
India
Kashmir
Pakstan
U.N
Sienavneiael Aa
Khrushchev
Preiier Bulganin
Afghanistan
Soviet Union
United Nations
Peipingees
Red Chira Ra
Dulles
Monroney
CAA Probe
France
Weather Bureau
Plains
Era Plateau
Asheville
Etree
Errenee
Atlanta
Vane Chicago
Colum
Detroit
Aene
Greenville
D.C
Little High Point
Los Angeles
Memphis
Miami
Mobile
New Orleans
Dick Turner
Black and Decker
Ward S&t
Monaco
Ring-Harris
Belk
Ellington
Main ST
Westinghouse
Toon
Teletronix
San Wes
Iei
Sunbeam Radiant Control
Duke Power Company
S. Main ST
DU Power Company
Ee Ee
Ly W. Commerce
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