Market Dips but Recovers as GM Plans Stock Offering
A sharp stock market fall topped by a 6 point drop in General Motors eased, then recovered as losses narrowed to about 2 points. GM announced a 325 million dollar stock offering after hours amid rumors of splits and cash or stock dividends. Key names rallied in late trading including General Electric Western Union Studebaker Packard and Westinghouse Electric.
MENTIONED IN THIS ARTICLE
General Motors
Wall Street
General Electric
Western Union
Studebaker - Packard
Glenn Martin
Standard Oil
Westinghouse Electric
Climax Molybdenum
Ladejinsky May Get New Post Amid Controversy
The article reports on Ladejinsky possibly receiving a new post while noting the ongoing debate over a controversial letter by Witt. Benson disavowed the letter and urged Jewish leaders to meet, with Barr opposing any idea that Americans face subversion by race or faith. Edward Schultz of the B nai B rith ADL accepted Benson’s invitation for talks.
MENTIONED IN THIS ARTICLE
Ladejinsky
Eisenhower
Benson
Barr
Witt
Smith
Hagerty
White House
Agriculture Department
Edward Schultz
B'nai B'rith Anti-Defamation League
Schultz
Bodies Found By Hunters In West Virginia
The bodies of Irene Agee eight and Mary Agee six were found by two hunters near Egeria West Virginia about a mile from home. John C Ward said the sisters were last seen November 1 and likely died from exposure. Their coats head scarves lunch kits and two letters from the post office lay nearby. Search efforts had continued for weeks in the mountains.
MENTIONED IN THIS ARTICLE
Beckley
W.va
Egeria
John C. Ward
Irene Agee
Mary
Kimbrell Heads Furniture Group
W Earle Kim bree ll of Charlotte elected president of the National Retail Furniture Assn. Regional vice presidents named for the Midwest Pacific Coast Southwest Southeast and a slate of new directors including Ben Willis.
MENTIONED IN THIS ARTICLE
Chicago
W. Earle Kimbrell
Charlotte
N.C
National Retail Furniture Assn
Robert Glick
Jumbus
Ohio
Midwest
Wallace E. Breuner
Oakland
Calif
Pacific Coast
Lee Sneed
Oklahoma City
Southwest
David D. Eanes
Richmond
Southeast
Ben Willis
Norfolk
Senator Bennett Leaves Hospital After Hernia Surgery
Salt Lake City reports Sen. Wallace F. Bennett of Utah was discharged after a Wednesday hernia operation at Latter-day Saints Hospital. Aides say he will recuperate at home for several days before returning to Washington for the 84th Congress.
MENTIONED IN THIS ARTICLE
Salt Lake City
Wallace F. Bennett
Utah
Latter-Day Saints Hospital
Washington
Mth Congress
Escaped Indian felons flee Robeson prison camp
Six inmates escaped before breakfast prompting a statewide search. One was recaptured: Pete Hunt, Earl Hunt, and Bill Locklear. At large: Johnnie Jacobs, Elgie Hunt, and Lowery. Charges range from burglary and larceny to second degree murder and assault with firearm.
MENTIONED IN THIS ARTICLE
Raleigh
Robeson County
W. F. Bailey
Pete Hunt
Pervis
Earl Hunt
Fairmont
Rt. 2
Bill Locklear
Maxton
Rt. 3
Johnnie Jacobs
Authority Shift Reduces McLeod Power at State Dept
The State Department cuts Lloyd McLeod’s reach by transferring inspection powers over overseas missions to Loy W. Henderson. McLeod retains security and consular duties, including passport and visa offices, refugee relief, and munitions office oversight, while Henderson assumes the mission inspections role.
MENTIONED IN THIS ARTICLE
Washington
Dulles
State Department
Scott Me
U.S
McLeod
Henry M. Winston
Brown University
Riston
Loy W. Henderson
Ee Ae Refugee Relief Pro
Office of Munitions
Amera
Enlistment Surge Tied to Veterans Benefits Deadline
Reported nationwide spikes in enlistments follow President Eisenhower's cuts to veterans benefits for volunteers after January 31. Boston and New York see strong activity, while St. Louis and Miami report mixed results. Navy, Army, and Air Force recruiters note unusually busy days with varied regional outcomes.
MENTIONED IN THIS ARTICLE
Associated Press
Eisenhower
Boston
Army
New York
St. Louis
Navy
Marine
Cmdr
A. D. Garvin
Miami
Fla
Don Cramer
South Florida Air Force
Kansas City
Fred Gerber
Air Force
Louisville
Foremost Dairies to Take Over Emmadine Farms
Foremost Dairies Inc will take over Emmadine Farms Inc owned by J C Penney and associates. Emmadine milks and sells ice cream in Westchester County New York with plants in Beacon Bedford Hills Peekskill Poughkeepsie and White Plains. Paul E Rienhold board chairman announced Foremost's acquisition of Slade's Dairies Inc of Albuquerque New Mexico.
MENTIONED IN THIS ARTICLE
New York
Foremost Dairies Inc
Emmadine Farms Inc
J. C. Penney and Associates
Emmadine Farms
Westchester County
N.Y
Beacon
Bedford Hills
Peekskill
Poughkeepsie
White Plains
Paul E. Rienhold
Foremost
Slade’s Dairies Inc
Albuquerque
N.M
Slade
Albuquerque, Santa Fe
Los Alamos
Legislature From North Carolina Sees Revenue Stabilization
North Carolina officials report the December revenue showing a tentative rebound after fears of a slide in tax collections. Hodges notes a slight gain ahead but warns it will add little to year end totals if the trend continues.
MENTIONED IN THIS ARTICLE
North Carolina
Far B
Hodges
Robber Suspect Is Killed In Manhattan Bank Holdup
A robber was shot and killed during a holdup attempt at New York Trust Co in Manhattan's garment district. Bank guard Edward A. Kaszuba was wounded and transported to hospital. The suspect, identified as Gaylord ae ln Negro of Kansas City, was killed by former city police officer William Rettig after firing on Kaszuba.
MENTIONED IN THIS ARTICLE
New York
New York Trust Co
Manhattan
Garment District
7Th Ave
39Th St
Gaylord Ae
William Rettig
Kaszuba
Water contracts to 4 degrees Celsius then expands
When water is cooled its volume decreases until four degrees Celsius, after which it stops contracting and begins to expand as it approaches lower temperatures.
George Predicts Harmony in Democrats’ Rise and Budget
Senator George forecasts smoother Democratic majority transition with no sharp conflicts with the White House on foreign affairs and defense. He urges gradual tax relief after balancing the budget, supports limited nonwar trade with Communist nations, and expects continued aid programs, wage and tax changes, and a long running federal building program.
MENTIONED IN THIS ARTICLE
Hoon
George
Congress
White House
Foreign Relations Committee
Russia
Eisenhower
Armed Services
Father Causes Fire Five Children Die
In Saginaw Michigan a man, Eugene Pierce, 29, overturned an oil heater during a quarrel with his father in law, starting a blaze that killed five children three his own and badly burned his wife Ada Lee Pierce 26. Pierce was jailed under manslaughter investigation after escaping with burns while others were injured.
MENTIONED IN THIS ARTICLE
Saginaw
Mich
Eugene Pierce
L. C. Valentine
Pierce
St. Mary's Hospital
Valentine
Tims
Betty Jane Pierce
Sherlee Laverne Pierce
Allen Pierce
Juanita Johnson
Caroline Craion
Ada Lee
Pearlier Craion
Lucret
Farm Bills Slated to Be Introduced
Rep. Paul Brown plans two bills to restore 90 percent price support for six basic commodities and to raise 1955 cotton acreage from 18,113,000 to 21,379,000 acres. Benson fixed 1955 cotton allotment at 18,113,000 acres under flexible support.
MENTIONED IN THIS ARTICLE
Washington
Paul Brown
D-Ga
Benson
Brown
Agriculture Department
College Resumes Work After Yale Holidays
High Point College faculty and students return to campus after a holiday that began December 17. First classes of the new year start at 8:20 a.m. with minimal student absences. Final exams for the first semester are set for January 1925 and semester end follows. Registration for the second semester begins in January.
MENTIONED IN THIS ARTICLE
High Point College
Seyan
Hair A Lifetime Cure Promoted By Noted Tribhologist
Rogers Hair and Scalp Specialists reveal a home treatment method claimed to prevent baldness and regrow hair. Demonstrations and private interviews run January 5 at the Sheraton Hotel High Point North Carolina with no cost or appointment required.
MENTIONED IN THIS ARTICLE
Wichita
J. Wayne Green
Rogers, Inc
Green
Rogers
High Point
N. C
H Point
Sheraton Hotel
Craig
America
J. J. Craig
Cu Wotencey
Also Mentioned on This Page
Admiral Corporation
Alleghany Corporation
Allied Chemical & Dye
Allis Chaimers
American
American Smelt & Ref
American Tel & Tel Coeseekla American Tobacco
Achison
Top & SF
Atlantic Coast Line
Atlantic
Avco Manufacturing
Baltimore & Ohio
Bendix Aviation
Bethlchem Steeleeeee
Boeing Airplane
Borg Warne
Cesss
Budd Company
Burlington Mills Eeeee
Calumet & Hecla
Canada Dry
Canadian Pacific
Carolina Power & St . Delanese Corps Esesss
Champion Paper & Fib
Chesapeake & Ohio
Chrysler Corporation
Soca
Cela
Columbia Gas & Elec Commercial Credit
Consolidated Edison
Continental Can
Continental Motor
Continental Oll Ceseees
Curtis Wright
Delaware Lack & West Douglas Aircraft
Dow Chemical
Dupont de Nemour
Eastman Kodak
Electric Auto
Firestone Rubber Eee Freeport
General Foods
Eeeee
Glidden
Goodrich
Goodyear Rubber
Illinois Central Eeeeeei
Nickel Can Ascess
Tel & Teleseee
Kennecott Copper
Kroger Company
Libby Owen Ford
Liggett & Myers
Lockheed Aircraft
Loews Theaters
Lorillard & Company
Louisville & Nashville
Magna
Textron Corporation
Trans & Western Air Union Carbide
Union Pacific
United Airlines
United Aircraft
United Gal Omee
United the Eeenee
United Gas Imp
United States Rubber
West Auto
Steeeee Western Union
Seeees
Westinghouse Electric Woolworth & Co
Zenith Radio
Seeeed Sreeeee
Seeeere
United States
National Geographic Society
Kimbrell Heads Furniture Group
Sen. Bennett
Naval
San Francisco
Foremost Dairies
TAR Heel Paving CO
Roland Cecil
F. Moore
Gilbert E. Marsh
Lambeth, Inc
S. Main St
Archdale
GENERAL @ ELECTRIC
N. Main ST
Yale
Lee W. Boswell
Rayon Sa
Chartreuse
A. E. Sherron
Lindsay Street
Nicole Maurey
Paramount
Hollywood
Tieoner Dey
California
Southern Bread
Cadler
Scone Rational Bakers Services, Inc
Crags
Allen Century
Rogers Hair and Scalp
Canada
Wayne Green