Top business events of 1954 summarized
SAM DAWSON lists ten pivotal business developments of 1954. The recession’s course, bull market surge after the election, proxy battles for control of major firms, the Detroit auto scene, coffee price volatility, farm price supports, tax policy shifts, a building boom, mergers activity, and big-company consolidations shaped the year as business and labor faced shifting fortunes. The piece tracks how prices, policy, and corporate power influenced markets and households.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Robert R. Young
New York Central
Wall Street
Patrick B. McGinnis
New Haven
Louis E. Wolfson
Sewell Avery
Montgomery Ward
Detroit
Ford
General Motors
Chrysler
Brazil
Congress
U.S. Justice
Antitrust suits and big business under review
Wise mentors restudy antitrust laws as Bethlehem Steel Youngstown merger talks and several textile consolidations draw attention. A federal judge recently dismissed the suit against Du Pont General Motors and U S Rubber, prompting business leaders to expect a reconsideration of law and DOJ stance on corporate size.
MENTIONED IN THIS ARTICLE
Bethlehem Steel
Youngstown
du Pont
General Motors
U.S. Rubber
Washington
Justice Department
His Talking Bird Has Been Stolen
New York report states a talking mynah named Joe was kidnapped from Julian Bronson’s shop last Wednesday. Bronson, a former Army man who bought Joe in Assam over nine years ago, valued at 4000, describes the bird as nine inches long with a metallic purplish black fuselage and orange beak and notes it speaks and whistles at women.
MENTIONED IN THIS ARTICLE
New York
Joe
Mynah
Julian Bronson
Bronson
Assam
India
Far East
U.S. Army
Stassen Seeks Answers on Asia Aid Policy
Harold Stassen outlines Asia aid concept at a news conference. He says the program is not decided, will be smaller than the Marshall Plan, and relies on long term loans and private capital. The plan hinges on European financing and goes to Congress in March with talks set for Paris.
MENTIONED IN THIS ARTICLE
Warren Rogers JR
Washington
Harold &. Stassen
Paris
Europe
Asia
Stassen
U.S
Office of European Economic Cooperation
Congress
United States
King Cadillac Must Be Sold at Sheriff’s Auction
Dist Judge John Snell ruled King III liable for 3900 dollars after a contractor secured an attachment writ on a 1953 Cadillac. The order set a sheriff’s sale to satisfy the debt unless payment is made. The odd note mentions Egyptian dancer Samia Gamal and references domestic water costs and an oil lease in Texas.
MENTIONED IN THIS ARTICLE
Onen
Houston
Shepperd
Abdul
King III
King
Samia Gamal
John Snell
United States
EMF Callons
Key Witness In Murder Is death by own action Case
IRVING Texas Pleasant man Frank St Claire a top state's witness in a puzzling murder killed himself last night to possibly complicate Oklahoma's case of the unknown corpse. St Claire a smiling used car salesman former associate of David Hagler Jr Fort Worth charged with murder in the Oklahoma torch slaying. A charred body was found Oct 10 near Davis Oklahoma in a burning station wagon Hagler had borrowed from his ex wife. St Claire 47 found shot to death in his garage told Oklahoma officers Hagler planned to buy a body from a morgue for 500 and burn it as part of an insurance swindle. The 200000 swindle sounded like a joke to him and he paid no mind. A .38 revolver was found near St Claires body minutes after Mrs St Claire discovered it. A justice of the peace returned a death by own action verdict. Sheriff s Deputy Harry Weatherford quoted a neighbor saying he appeared despondent mid afternoon saying life was getting too much for him.
MENTIONED IN THIS ARTICLE
Irving
Tex
Frank St. Claire
Oklahoma
St. Claire
David Ired Hagler Jr
Fort Worth
Davis
Okla
Hagler
Tucson May Be Oldest Community In Arizona
Dr Emil Haury director of the Arizona State Museum said preliminary analysis of pottery and fauna from a Tucson downtown pit hut suggests the city may have been occupied as early as 900 A D This evidence positions Tucson as the oldest continuously inhabited community in the nation and was reported yesterday in Tucson Arizona
MENTIONED IN THIS ARTICLE
Tucson
Ariz
Emil Haury
Arizona State Museum
Detroit boy held in death of his mother
Robert Peter Romano, 13, of Romulus Township, was held for investigation of murder in the shooting death of his mother Elizabeth Noce, 35. Police say the boy claimed the rifle accidently discharged while he watched TV and toyed with a .30 caliber gun. He told investigators it fired when he was about to drop the hammer after the gun had been cocked.
MENTIONED IN THIS ARTICLE
Detroit
Robert Peter Romano
Romulus Township
Bissmother
Elizabeth Noce
Robert
Attack on Veterans Benefits Spars Budget Cuts
Nicholas Lynch Jr American Legion national field service director said a subtle flank attack is aimed at the entire veterans benefits structure. He linked budget reductions to staff layoffs and fewer beds in VA hospitals and charged many veterans forego treatment to avoid the current system.
MENTIONED IN THIS ARTICLE
Baltimore
Nicholas, Lynch Jr
American Legion National Field Service
Legion Auxiliary Rehabilitation Conference
Lynch
Veterans Administration
Youre Not Hep Without Mambo Gift Doll Sent by Adenauer
A report from Mexico City and Sydney notes that a souvenir doll and letter were sent to Roberta Sue from Chancellor Konrad Adenauer as a gift. The piece links mambo replacing quickstep and slow fox in dance trends, with follow ups on broadcasts and global interest.
MENTIONED IN THIS ARTICLE
Miami Beach
Fla
Essex
Roberta Sue
Manhattan
Mexico
Cavens
San Francisco
Sydney
Germany
Konrad Ad
Fromenauer
State Dulles
Adenauer
Craig Christen Ter
Australia
Mambo
Actops
Eaauer
Mexico City
Bob Coving
Roberta
Voice of America
Woman Hands Robber Cash After Threat in Baltimore
A bandit with a butcher knife confronted Mrs. Virginia O'Dell at her apartment door and demanded money. She surrendered a $15 wristwatch and a 40 cent purse, then discovered her daughter had been downstairs the entire time.
MENTIONED IN THIS ARTICLE
Baltimore
Virginia O'Dell
India expands libel laws protecting public servants
New legislation in New Delhi allows public prosecutors to sue newspapers for libel against government officials in official positions. The criminal procedure code amendment passed the lower house 172 to 28 after a heated debate. Newspapers can be held liable as for private citizens, with official damages up to $210 awarded.
MENTIONED IN THIS ARTICLE
New Delhi
Also Mentioned on This Page
Business Mirror
James Ricco
Patricia
Ricco
Alatiens
Heavenly Hemsheers
Denier
Denier Hemlace
Ohio
Erwin Fiene
Sugar Creek
Fiene
Kidron
King Cadillac
Cinderella Cotto
Frnitieug
Cinderella
Wee Doll
Dolly
Bennie Prork
Taffeta
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