Christmas Sales May Top Last Year
Retailers see Christmas business likely to equal or surpass last year with higher prices and an extra shopping day aiding. Texas reports strong demand for costly items like stereos and boats, while New York faces uncertainty after a delivery strike hurt promotion efforts.
MENTIONED IN THIS ARTICLE
New York
M. E. Arnett
Bullock's Department Store
Los Angeles
Charles E. Boyd
Detroit Chamber of Commerce
Texas
Fort Worth
Abilene, Tex
Denver
Cleveland
Pittsburgh
New Orleans
Real incomes slide as inflation outpaces gains in 1958
Washington report notes that despite a record 1958 dollar personal income exceeding 353 billion dollars, inflation reduces purchasing power. Commerce Department says prices rose about 22 percent while taxes stayed near 1957 levels, so real income did not reach the 1957 total.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Young Actor Puts Whole Heart In It
London AP reports a seven year old actor Teddy Kellegher on stage in a school play forgetting the script and opening presents instead of waking. The audience laughed as his sleepy moment turned into a Christmas morning surprise before his teacher and stage aunt intervened.
MENTIONED IN THIS ARTICLE
London
Teddy Kellegher
Teddy
Daddy
Young Rifleman Confesses Igniting California Brush Fire
Jerry Stewart, 21, said to have fired an incendiary bullet during target practice on his father’s ranch near San Juan Capistrano. The bullet set dry grass ablaze, spreading through rolling hills near the historic mission. Firefighters, numbering over 2,000, battled to contain the blaze by Friday, with 60,000 acres burned and 17 cabins destroyed. No charges filed. Camp Pendleton Marine Reservation spared damage.
MENTIONED IN THIS ARTICLE
San Juan Capistrano
Calif
California
Jerry Stewart
Here
Stewart
Camp Pendleton Marine Reservation
Soviet Deputy Premier Mikoyan May Visit Washington
Report says Anastas Mikoyan may visit Washington early next year for high level talks. He would discuss trade and possibly long term Soviet credits, with possible message from Khrushchev and Eisenhower’s earlier push for direct Soviet access to the United States.
MENTIONED IN THIS ARTICLE
Washington
Anastas I. Mikoyan
Mikoyan
Kremlin
Nikita Khrushchev
State Department
U.S
Moscow
Mikhail A. Menshikov
United States
Eisenhower
Geneil Hese
Khrushchev
Soviet Union
Dulles
Our Drinking Habits 3 Liquor Taking Large Bite Out Of Family Budgets
Alcohol on your budget. An analysis shows 70 million drinkers in the U S spent about 10 billion on hard liquor beer and wine in 1957. Home consumption dominates with 73 percent of drinking in homes and rising social indicators tied to suburban hospitality.
MENTIONED IN THIS ARTICLE
McGinty's
U. S
France
A. C. Spectorsky
Fred
New York
Tippler
Progress Reported In Talks On Nuclear Tests
Secretary of State John Foster Dulles told NATO members that limited progress was made in Soviet negotiations on suspending nuclear tests. He warned optimism is premature as Soviet and Western views on control differ, though the Soviets showed some willingness to discuss control features. He noted Geneva progress, potential for further movement, and announced NATO's 10th anniversary meeting in Washington on April 24. Dulles will rest in Jamaica before returning.
MENTIONED IN THIS ARTICLE
Paris
John Foster Dulles
North Atlantic Treaty Organization
Soviet Union
Dulles
Geneva
United States
Great Britain
Washington
Frustration Recommended For The Kids
Los Angeles AP reports USC psychology professor Dr. Herman Harvey argues parental frustration of children fosters growth. He cites experiments with animals showing controlled vexations build resilience and creativity, and says letting kids face obstacles helps them solve problems and develop drive.
MENTIONED IN THIS ARTICLE
Herman Harvey
University of Southern California
Dr. Harvey
Harvey
Dickey
Big Richard
Marymont Trial In Final Stage
A US Air Force sergeant Marcus Baar Al Soa faces court martial in Denham England over alleged arsenic murder of his wife Helen and adultery with Cynthia Taylor. Defense claims a sordid romance did not drive murder as final summations conclude on day nine.
MENTIONED IN THIS ARTICLE
Denham
England
U.S. Air Force
Marcus Baar al Soa
Hobbsville
N.C
Helen
Cynthia Taylor
Neil Kasdan
Marymont
Taylor
AT&T declares 3-for-1 split plus 10% dividend boost
AT&T directors approve a 3-for-1 stock split and a 10 percent dividend increase marking the first split in company history and its first dividend change in 37 years. The move aims to broaden the stock market and support large capital needs for expansion.
MENTIONED IN THIS ARTICLE
Warren Bennett
AP Business News
NEW York
Port Chester
N.Y
University of California
American Telephone & Telegraph Co
At&t
New York Stock Exchange
West Germany rises as key NATO power amid French strains
NATO ministers weigh West Germany as the alliance’s growing continental force. France falters over Algeria and Rapprochement with allies, while West Germany vows a 200000-man force and will produce missiles in joint Franco Italian anti aircraft projects.
MENTIONED IN THIS ARTICLE
Paris
West Germany
Atlantic
France
Algeria
NATO
Konrad Adenauer
Charles de Gaulle
Franz Josef Strauss
West
Italy
Student Shot Run Over By Car Near Art Museum
A St Louis University student James S Bullock 27 of Richmond Heights was found dying after a car ran over him and he appeared to be shot three times. He lay in front of the City Art Museum as motorists discovered him. Two head wounds and chest pellet injuries were suspected. No robbery motive. Autopsy pending.
MENTIONED IN THIS ARTICLE
ST. Louis, Mo
St. Louis University
James S. Bullock
Richmond Heights
City Art Museum
Edward Schaaf
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