Grace Retires as Bethlehem Steel Chief
Ai Eugene Grace, long time chairman and chief executive of Bethlehem Steel Corp, retires from active business life at age 86 after 38 years leading the firm. Grace joined Bethlehem in 1899, helped expand capacity to over 20 million tons, and oversaw its growth into a major shipbuilder with assets over two billion dollars. He recalled loving the company as his life and plans to stay active while focusing on the future.
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Eugene G. Grace
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Bethlehem Steel Corp
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Bank bandit holds up San Francisco Bank of America
A 41 year old man in San Francisco robs the Bank of America Hayes Valley branch after telling a cab driver to wait for money. He retrieves about 1595 dollars but is pulled from the cab by two bank employees who alert police. The suspect is Downey. cash recovered uncertain as report ends.
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Bank of America
Hayes Vailey
Eqiard Ben Downey
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Japanese China trade talks suspended after private negotiations
The Feiping Radio reported talks between Japan and Red China were suspended Thursday during private negotiations. The discussions centered on a proposed one hundred million dollar trade agreement and the leaders requested time for home consultations.
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Feiping
Japan
Red China
GI Math Whiz Gets Research Job
A 24 year old draftee, Ernest Shult, praised as an outstanding mathematical genius, was reassigned from Ft Lee to the Army Chemical Center in Edgewood. He will work under Morton D. Shavit in mathematical statistical research development and methodology for chemical warfare weapons, with potential to oversee a NYU contract pending security clearance.
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Weapons Research Division
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Ernest Shult
Army Chemical Center
Carl C. Lin ‘Deren
Southern Tinois University
Shult
Ft ‘Lee
Army
Chemical Center
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WRC
Morton D. Shavit
iWeapons Research Division
New York University
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