Wall Street Tremors Signal Market Bottom Doubts
The stock market endures a sharp decline with analysts split on a bottoming out. Some see signs of resilience while others doubt a rapid recovery, as concerns over defense orders layoffs and Soviet missile advances weigh on sentiment.
MENTIONED IN THIS ARTICLE
Wall Street
Gerald Loeb
E. F. Hutton & Co
New York Stock Exchange
Associated Press
Middle East
Sputnik
Russia
United States
Macmillan Appeals for Renewal of U S British Science Partnership
British Prime Minister Harold Macmillan arrives in Washington to urge President Eisenhower to restore the American British partnership in scientific research. He aims to improve friendship and broaden cooperation, meeting Secretary of State Dulles after landing at 9 17 a m following an overnight flight.
MENTIONED IN THIS ARTICLE
Harold Macmillan
John Foster Dulles
National
Washington
Dulles
Eisenhower
Edwin Plowden
Britain
Atomic Energy Authority
Lewis Strauss
US Atomic Energy Commission
Plowden
Macmillan
London
Eisenhower to address nation on free world resolve
President Eisenhower pledged faith in the free world and outlined aims to speak to the public on issues from Russia’s advances to scientific progress and national defense. In New York he urged informed citizens to confront problems with confidence as East Germany conducts a purge of culture and media.
MENTIONED IN THIS ARTICLE
New York
Fisenhower
Educa
Russia
Shaetee
Berlin
East Germany
Communist Party
East Berlin
Eisenhower
Democratic National Committee
Democratic Digest
Ike
Bernard Baruch
Red Letter Sundays and Holydays in Calendar Life
R L Dieffenbacher reflects on red ink Sundays and holidays as meaningful days rather than unproductive. He urges filling red letter days with joy peace and love through fellowship with God, contrasting profit focus with spiritual gain and warning against going in the red on Sunday.
MENTIONED IN THIS ARTICLE
R. L. Dieffenbacher
D.D
NEA
God
Syria trains irregular army volunteers near Damascus
In a crowded football stadium near Damascus 400 civilian volunteers practice firing at 28 targets with public safety gear as Syria’s Popular Resistance widens its reach across Damascus Aleppo Homs and Latakia. Maj. Gen. Afit Bizry urges relentless guerrilla warfare if invaded. the group is led by Col. Sarah Bigry, Bizry’s sister.
MENTIONED IN THIS ARTICLE
Damascus
Syria
Popular Resistance Organization
Aleppo
Homs
Latakia
Afit ‘Bizry
Bizry
Col
Sarah Bigry
Red Police Ready To Smash Any Revolt Demonstrations
Budapest nervous over the first anniversary of the Hungarian revolt as Soviet and Hungarian forces brace to suppress any public commemoration. Officials warn of force, barring gatherings and arming guards, with tanks in reserve and bans on flags while U.S. envoy Lodge urges hope for Hungary’s future.
MENTIONED IN THIS ARTICLE
Vienna
Budapest
Janos Kadar
Sian
Kadar
U.N
New York
U.S
Henry Cabot Lodge
Hungary
Lodge
Tito Aid Will Be Stopped By U S Policy Shift
Secretary of State Dulles suspended bulk U S aid to Yugoslavia over Tito's break with Moscow halting major military shipments while keeping spare parts deliveries. Action aims to pressure Tito amid Cold War tensions with East Germany and Khrushchev while negotiations on a new economic program are called off.
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Washington
Dulles
U.S
Yugoslavia
Tito
Europe
Britain
United States
Eisenhower
Belgrade
State Department
Russia
East Germany
Khrushchev
New York Herald Tribune
Teamsters Hear Decision On Court Control
Judge F Dickins on Letts weighs turning restraining order into a preliminary injunction to block James Hoffa from seizing the Teamsters presidency. A group of 13 New York members allege illegitimate Miami Beach delegates manipulated the vote and seek court receivership to oversee the union’s funds and leadership.
MENTIONED IN THIS ARTICLE
Washington
Teamsters
Federalist
F. Dickinson Letts
James R. Hoffa
New York
Hoffa
Miami Beach
Fla
Dave Beck
Letts
Massie
Son of Former Governor Chosen Highway Commission Chairman
J. M. Broughton Jr., 35, son of former North Carolina governor J. M. Broughton, was named chairman of the Highway Commission to succeed ill Jan Joyner. He will fill out Joyner’s two year term and serve on the commission through June 30, 1961. The appointment follows Joyner’s resignation for health reasons. The commission will hold a meeting in Raleigh on November 45. Broughton is a lawyer in partnership with his brother Robert and has been active in Democratic politics, aiding W. B. Umstead in 1952 and managing A. C. Edwards’s lieutenant governor bid last year.
MENTIONED IN THIS ARTICLE
Broughton
Joyner
Highway Commission
Raleigh
Robert
J. M. Broughton
North Carolina
U.S. Senate
Young Broughton
W. B. Umstead
Umstead
A. C. Edwards
Hookerton
Missile Secrecy Loosened
The Defense Department said its missile test program has reached a stage where information may be published. The Pentagon disclosed the successful Jupiter intermediate range ballistic missile launch at Cape Canaveral Florida, identified the missile, and stated it flew its prescribed course and struck the preselected target area. Distance traveled remains secret.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
Pentagon
Cape Canaveral
Fla
Stanley Named Middle District Federal Judge
President Eisenhower named Edwin M. Stanley of Greensboro to the U S district bench for the Middle District of North Carolina. Stanley, 48, a Republican, has been U S attorney since April 1954 and was a juvenile court judge in Greensboro for three years. He will replace Johnson J Hayes who retired July 1, subject to Senate confirmation after Congress convenes in January.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Edwin M. Stanley
Greensboro
U. S
Middle District
North Carolina
Stanley
U.S
Senate
Congress
Johnson J. Hayes
Debate On Syria Suspended At United Nations
United Nations Assembly moves to a cooling-off period as King Saud mediates Syria talks. Turkey proposes suspension to block a U S backed plan, with Syria and Russia denouncing the move. Delegates await Damascus response and Saudi mediation efforts continue.
MENTIONED IN THIS ARTICLE
United Nations
N.Y
U.N. Assembly
Saud
Damascus
Middle East
Turkey
Fatim Rustu Zorlu
Syria
Russia
Disc Jockey Melvin West Resumes Bermuda Voyage
Melvin West 28 overdue for a second time during a voyage in a 30 hp boat named The Impossible anchored 250 miles east of Cape Lookout. A Coast Guard search with 16 planes and two cutters covered hundreds of square miles. West refueled from a merchant ship and continued toward Bermuda. He hopes to prove the seaworthiness of small boats. West is a Korean War veteran and father of two.
MENTIONED IN THIS ARTICLE
Morehead City
N.C
Jacksonville
Melvin West
Bermuda
West
Cape Lookout
Coast Guard
Also Mentioned on This Page
Atomic Officials
Germany
White House
Patriotic People’s Front
J. M. Broughton JR
Norman Walker
Columbia
S.C
Edges
Clentnilies
Col. W. T. Joyner