Market Drift Follows Quiet Opening in New York Stocks
The New York stock market drifted lower in mid afternoon trading with losses of key issues from fractions to about a point. Industrials led declines while rails and oils showed mixed moves. The Associated Press average was down 50 cents at noon with notable activity in rail and oil stocks and several major corporations listed among the movers.
MENTIONED IN THIS ARTICLE
Sew
York
Eisenhower
New York Central
Standard Oil
New Jersey
Royal Dutch
Sinclair
Associated Press
Budgets Through U.S. History Reflect Fiscal Shifts
A historical look at federal spending shows budgets rising with wars and growth, from Washington to Eisenhower, Roosevelt, and postwar levels. Inflation and a growing debt push costs higher, while tax receipts and national needs shape annual outlays.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
United States
Eisenhower
George Washington
Abraham Lincoln
Franklin D. Roosevelt
KKK Rally In Randolph County Ends With Disruption
A Greensboro crowd watched as a spectator from Asheboro named B. J. Grantham was hustled away after offering to debate Ku Klux Klan speaker Rev. James W. Cole. Cole proclaimed himself leader of the Klan at the rally, the first in Randolph County in years.
MENTIONED IN THIS ARTICLE
Greensboro
B. J. Grantham
Asheboro
James W. Cole
Randolph County
Two Burned to Death in Asheville Rooming House Fire
Two tobacco workers, Charles Atkins and Roger Raymond, perished from asphyxiation and burns when a portable oil stove toppled in their Asheville rooming house. The weekend violence toll in North Carolina climbed with shootings, falls, and car crashes across multiple counties.
MENTIONED IN THIS ARTICLE
Associated Press
Asheville
Charles Atkins
Greenville
N.C
Roger Raymond
Kinston
North Corona
Wilbur Graham
Spring Lake
Henry McCloud
Thomas McLamb
David McCloud
Henry
Jessie Foust
Charlotte Negro
Lula D. Parks
Franklinville
Jerry Mauney
Truman Critiques Eisenhower Leadership and Policy Carrying
Former President Truman defended his 1948 recognition of Israel and criticized Eisenhower’s leadership style. He said Dulles required a boss and urged curtailing interservice rivalry. He spoke in Jerusalem calling decision making crucial and defended timely choices. He urged strong U.S. backing for Israel amid Middle East tensions.
MENTIONED IN THIS ARTICLE
Fism
John Foster Dulles
State Department
Dean Acheson
Truman
Eisenhower
World Academy For Higher Jewish Studies
Jerusalem
Israel
Middle East
Elated
United States
Academy
Congress Considers Budget Shifts Amid Space Era Fears
The speech outlines a budget where 64 percent funds defense and allied military aid reflecting space era dangers. It notes no general tax rise, hints at tax cuts for business, and proposes aviation fuel tax increases to fund air traffic. A four year plan to raise education standards is included.
MENTIONED IN THIS ARTICLE
White House
Eisenhower
Military budget reshapes SAC wings and advances missile plan
The budget cuts one SAC wing to 43, keeping B52 force at 11 wings while adding a production run of the B58 bomber. It funds a chemical fuel long range bomber and a ballistic missile detection system with expanded early warning radar. Space and anti missile research receive boosts as Eisenhower approves a $1.37 billion armed forces supplement. Navy adds 23 ships including nuclear subs and a first nuclear powered frigate. Army and Air Force budgets adjust to about $8.88 and $18.74 billion respectively.
MENTIONED IN THIS ARTICLE
Nike
Strategic Air Command
Russia
U.S
Eisenhower
Gall
Secretary of Defense
Navy
Army
Tiwi Funeral Rite Pukamani Culminates Month-Long Tribesmen Observance
Funerals serve as the chief social and artistic outlet for Tiwi tribesmen on Melville Island with a months long sequence ending in the final ritual pukamani to lay the deceased's spirit to rest.
MENTIONED IN THIS ARTICLE
Melville Island
Bus Accidents Kill 22 Persons in Mexico
Two bus crashes in Toluca state last night killed 22 people and injured 35, with six killed and nine hurt in a collision at Tizayuca. A separate bus run went out of control on a hill near Tocuca, crashing into a wall after the driver said brakes failed.
MENTIONED IN THIS ARTICLE
The
Highway Patrol
Flora Marie Routh
Asheboro
Randleman
Pearl Laverne Basinger
Salisbury
Rowan County
D. T. Clark
White Lake
Clarkton
James Grady Tucker
Johnny Franklin
Hickory
Oak
Albert Worth Bryant
Bryant
George Kinlaw
Toluca
Mexico
Tizayuca
Tocuca
Look To Governor For Deficit Aid In 1958 South Carolina
Columbia 1958 General Assembly opens with calls for guidance from Gov Timmerman on a 6 percent deficit for 1958 59. Timmerman not expected to propose new taxes in State of the State. Budget board says House must craft tax changes while GA must balance operations. House Ways and Means suggests tapping one cent of the seven cent gas tax and rerouting funds to cover the shortfall. Highway Dept farm to market program may be funded by other sources or bonds as lawmakers resist tax hikes.
MENTIONED IN THIS ARTICLE
Columbia
South Carolina General Assembly
Timmerman
State Budget and Control Board
House of Representatives
General Assembly
House
Coatleis
Ge Peeing
State
Edgar A. Brown
Barnwell
Senate Finance Committee
Aleady
Walled Kremlin Description with Outer Walls and Towers
The Kremlin is described as triangular in shape bounded by a long wall about one and a half miles around. The walls are topped with towers.
MENTIONED IN THIS ARTICLE
Kremlin
Also Mentioned on This Page
High Point Enterprise
Chrysler Corp
New York Central AA
Cone Mills Corp
Carolina Light & Power
Douglas Aircraft
DuPont de Nemours
Dow Chemical and
Eastern Airlines
Consolidated Edison
Eastman Kodak
Greyhound Corp
General Dynamics
General Electric
Gulf Oil
General Motors
Goodyear Tire & Rubber
International Harvester
International Tel
Standard Oil Co
Jones Laughlin Steel
Johns Manville
Loew's Inc
Norfolk & Western
Dow-Jones
Bache
Neon
Wfmy-Tv
Harriet
Burns & Alles
Denny Thom
Studio One
Garry Moore
Arthur Godfrey
Dette
Tomorro
Art Loovletter
Eae
la Leeda
TOR Dayton Tires
WBTV
Charlotte
Channel 3
Couse
Wunc-Tv
Chapel Hil
Channel 4
RCA Victor
Dumont
Admiral
North Main ST
Wsoc-Tv
Channel
Ame
Belle Farge
Wsls-Tv
Roanoke
WSJS
Mickey Mouse Werther Sports Cn
Welk
Gus
Winston-Salem
Alcoa
G. C
H. C. Little Deater Lamb’s Heating CO
S. Main St
Business Mirror
Treasury
Ingo
Balanc
KKK
Gastonia
Delma Mae Beard
Lenoir
Congress
Ess
Tiwi
Randolph Scott
Medicine Bend
7Th Cavalry
Vietal
By Monzel
Hunchback OF
Notre Dame
Gina Lollabrigida
Walt Disney
Perri
Technicolor
San
Ama Ie
Doris Day
Johin Raitt
Carol Haney
Eddie
House Ways and Means Committee
Iplunder
RAV
Cooper
Paramount Theatre
ADULT
Paramount
Aear
Rita Hayworth
Frank Sinatra
AL the Ta
Ken
Ava
ATA
Ic Dniodt
Stanley Kramer
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