Eisenhower reshuffles defense post to Gordon Gray
President Eisenhower announced a defense leadership change with Gordon Gray, previously assistant secretary of defense and former Army Secretary under Truman, set to succeed Defense Mobilization head Arthur. The president reiterated that judicial nominees require strong experience and rejected political influence in selections.
MENTIONED IN THIS ARTICLE
Eisenhower
Arthur
Gordon Gray
Gray
North Carolina
Supreme Court
E. Dewey
New York
William J. Brennan
John W. Davis
Elihu Root
Middle East
Saud
Saudi Arabia
Mideast
Abdul Mah
Iraq
Lebanon
Gas Price Hike Questioned By Senator O Mahoney
Senator O Mahoney criticizes a gasoline price rise after U S oil shipments to Europe calling it unjustified. He presides over hearings with 15 major oil firms to be heard later and notes the emergency oil lift aided Europe while urging more crude and fuel oil. Flemming defends the program but urges more supply to Europe and hints at pipelines reopening by March 1 to 15.
MENTIONED IN THIS ARTICLE
Washington
O’mahoney
D-Wye
Europe
O'Mahoney
Arthur S. Flemming
Office of Defense Mobilization
Flemming
Suez Canal
Iraq
Stock Market Edges Lower In Moderate Trading
The New York market weakened at midday with most major groups sliding slightly. United Aircraft and Gulf Oil fell about 3 and 2 points respectively as steels and motors traded mixed while aircraft and oil issues deepened losses and the Dow average slipped.
MENTIONED IN THIS ARTICLE
New York
United Aircraft
Gulf Oil
Bethlehem
Youngstown Steel
Steel
Armco
Lukens
Motor
Ford
Chrysler
Eastman Kodak
du Pont
Allied Chemical
Chespeake & Ohio
Cotton futures open unchanged amid a mixed session
Cotton 1 p.m. stocks from Bache & Company show The Texas Co Union Carbide and Carbon 4s at 89 percent. New York cotton futures opened flat to 10 cents per bale down today. Market notes include 46s and 102 percent references among volatile price signals.
MENTIONED IN THIS ARTICLE
Bache & Company
Texas Co. Union Carbide & Carbon
New York
Dow Jones Averages Reported At Noon Trading
Dow Jones averages at midday show the industrials near 90 with the 65 stocks index around 166.95 to 167.35. Trading volume listed as 800,000 to 2,610,000 shares, reflecting active activity in a turbulent session.
MENTIONED IN THIS ARTICLE
Dion
Ator
Seventeen Join New Club Group for Bond Issue Talk
Seventeen members join a new club group where Mayor George Covington and City Manager T. E. Hinson discuss the proposed water and sewer bond issue to be presented to voters in a February 23 city referendum.
MENTIONED IN THIS ARTICLE
George Covington
T. E. Hinson
Business Mirror Sees Inflation Risks Ahead
A veteran observer notes inflation and high taxes threaten the economy. He cites Hoover era busts and warns that current tax rates may curb saving and industrial growth. Treasury Secretary Humphrey frets the tax burden, arguing money is tight and debt levels strain households and governments.
MENTIONED IN THIS ARTICLE
New York
Hoover
America
Treasury
Humphrey
Rightful Owners Have Own Cars Following Mixup
Mrs Henry A Foscue of Hitch Point left her car at a Greensboro service station. She returned to find a mix up with Orton A Boren s car and theirs were muddied from rain. The two cars were swapped by color difference and were returned to their rightful owners last night.
MENTIONED IN THIS ARTICLE
Henry A. Foscue
Hitch Point
Greensboro
Orton A. Boren
Mindszenty Faces New Charges
Nepszabadsag reports Cardinal Mindszenty urged by the legation to refrain from public church or political acts while in refuge. The paper claims he sent instructions in mid December and warned bishops at Vac and Székesfehérvár against clergy aligned with Roman Catholics opposing the communist government.
MENTIONED IN THIS ARTICLE
Nepszabadsag
Janos Kadar
Mindszenty
Legation
Vac
Szekesfehervar
Legislature Opens Session with New Leadership
The 1957 North Carolina legislature opens as Ray Byerly is named clerk and W. H. Byrd reading clerk with Herman Scott sergeant at arms. J. K. Doughton is elected speaker, Annie Cooper principal clerk, Billy Arthur reading clerk, and Joseph H. Warren another official. Hodges inaugurals set for Memorial Auditorium with a joint session tomorrow.
MENTIONED IN THIS ARTICLE
Ray Byerly
Sanford
W. H. Byrd
Lillington
Reading
Herman Scott
Chatham County
House
William B. Rodman
J. K. Doughton
Doughton
Annie Cooper
Raleigh
Billy Arthur
Chapel Hill
Joseph H. Warren
Caswell County
Senate
Hodges
Seleigh
Memorial Auditori
Thisio Od Tad
Shabas
Memorial Auditorium
State Supreme Court
Council of State
Advisory Budget Commission
John W. Umstead
Orange
Refugees threaten red group in Vienna camps
Angry Hungarian refugees in Vienna camps threaten to lynch a Communist repatriation commission. About 200 refugees battled police as two commission members opened interviews at Moedling Camp amid jeers and posters mocking Hungarian Premier Ja nos Kadar.
MENTIONED IN THIS ARTICLE
Vienna
Austria
Commission
Moedling
Janos Kadar
Also Mentioned on This Page
Business and Financial News
Ac Ee
Ee Ca
Aaa
Associated Press
Dow-Jones
Business Mirror
Weath
United States
Holland
Michigan
Red
Hungary
Knoxville
Memphis
Et Eda Airlines
Serta
Journal of the American Medical Association
Burtner
Green ST
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