Studebaker Merger Deal Set to Go to New York
Curtiss-Wright to take operating control of Studebaker-Packard under a three year management pact. It will lease two plants in Utica Michigan and South Bend Indiana for 12 years at 25 million and pay 10 million for inventories. Option to buy 5 million SP shares at 5 dollars within two years could trigger tax write‑offs of about 70 million.
MENTIONED IN THIS ARTICLE
New York
Curtiss-Wright Corp
Studebaker-Packard Corp
Curtiss-Wright
Pioneer Aircraft Company
Studebaker-Packard
Curtiss- Wright
Utica
Mich
South Bend
Ind
Studebaker- Packard
U S Scouts Impress Korean Visitors in Kenosha
A 16 year old Korean Scout Hyung Keun Yu and nine companions tour Kenosha as part of an international exchange with the Boy Scouts. They praise American life, plan to attend college here, and will visit firms and sites before returning to Korea. The group stays at Camp Oh Da Ko Ta and attends the 18th Music Round-up.
MENTIONED IN THIS ARTICLE
America
Hyung Keun Yu
Hyung
Korea
Kenosha
Middlewest
Seoul
Winnetka
North Shore Council of
Boy Scouts
Camp
Oh-Da-Ko-Ta
Lloyd Landgren
Kenosha County
Boy Scouts of America
Scouts of the World
United States
Landgren
Snap-on Tools Corp
William Bullamore
Boy Scout Civic Service
Howard Gatley
Donald Bezucha
San Francisco
Bezucha
Middle West
Rah Son Chang
Myung Keun Yoon
Chung Yoon Kim
Seung Yul Lee
Chang Chin Choi
Sang Keun Kim
Tark Hyung Lee
Sam Kyu Kim
Ray Radigan
Lake Front Stadium
Bullamore Cottage
Powers Lake
American Motors Corp
Oh Sun Whan
William Rhee
Dulles Sees Moral Force to Resolve Suez Crisis
Secretary of State John Foster Dulles told a national audience from the White House that Egypt’s seizure of the Suez Canal will not go unchallenged but will be settled by conference and moral pressure. He cited a 24 nation conference August 16 and warned against assuming failure while avoiding commitment to force.
MENTIONED IN THIS ARTICLE
Washington
John Foster Dulles
Egypt
Suez Canal
Dulles
Suez
Britain
France
U. S
Cairo
Order Court Martial for Air Force Instructors at Parks AFB
Parks Air Force Base California reports three air force instructors ordered court martialed on charges they struck recruits. One instructor faces two additional charges of soliciting money gifts from several trainees.
MENTIONED IN THIS ARTICLE
Parks Air Force Base
Calif
Air Force
AEC OKs Conditional Permit for Monroe Nuclear Plant
The Atomic Energy Commission granted a conditional permit for a 4042 million dollar fast neutron breeder plant near Monroe Michigan. The AEC said safety must be proven before an operating license is issued and notified Power Reactor Development Co of Detroit that safety problems can be resolved in time.
MENTIONED IN THIS ARTICLE
Washington
Atomic Energy Commission
Monroe
Mich
AEC
Power Reactor Development Co
Detroit
Burma Endures Red Refugee Pressure and Local Raids
Dispatches from Rangoon report Burma struggles with Red Chinese invaders in the north and Chinese Nationalist refugees in the southeast Shan states. Nationalist raiders are said to press villages for food, with a garrison at Ta Lae noting extortion of 30,000 pounds of rice and a demand for 5,000 more plus pigs.
MENTIONED IN THIS ARTICLE
Rangoon
Burma
Red China
Kentung
Shan States
Talae
Steel pact ends costliest strike with U S Steel deal
Major steel producers join U S Steel Corp in signing a unprecedented three year contract with the United Steelworkers union. The agreement signals the end of the costly long strike that disrupted production nationwide.
MENTIONED IN THIS ARTICLE
New York
Iic
U. S. Steel Corp
United Steelworkers Union
Stevenson Targets Ike. Harriman Urged to Aim at Administration
Adlai Stevenson urged Gov. Averell Harriman to focus attacks on the Eisenhower administration rather than on Stevenson himself. He argued moderating policy is needed to support desegregation while courting Democratic voters. Meanwhile Gov. A B Chandler campaigned in Wilmington and South Carolina as the Southern faction backs Stevenson over Harriman. Chandler criticized both front runners as unacceptable to the South, touting his own Senate record on Southern issues.
MENTIONED IN THIS ARTICLE
Adlai Stevenson
Averell Harriman
New York
Eisenhower
Stevenson
Harriman
A. B
Happy) Chandler
Kentucky
Wilmington
N. C
South Carolina
Chandler
Dixie
South
Senate
Iceland Warns After U.S. Troop Withdrawal Pressure
NATO warned that Iceland would risk occupation and loss of freedom if it pushes to withdraw U.S. troops. Iceland contends the forces are no longer needed and seeks removal.
MENTIONED IN THIS ARTICLE
Iceland
Washington
North Atlantic Treaty Organization
NATO
U. S
Communist Radio Downplays Burma Invasion Report
Tokyo radio said reports of a Red Chinese invasion of Burma are part of a plot to undermine Sino Burmese relations. The item frames the claims as a strategic misinformation effort rather than a confirmed military action.
MENTIONED IN THIS ARTICLE
Tokyo
Communist Radio
Burma
State Death Toll Hits 6
Six violent deaths were reported in Wisconsin, four in traffic and two drownings. The traffic toll reached 549 for the year and 12 for the first four days of August, with victims Edwin Bohnert, Fred Hodd, Hildegarde Nicks, and Pete Polsik. Drownings were Ishmael Machado and Everit Cruze in Lake Michigan.
MENTIONED IN THIS ARTICLE
Wisconsin
Edwin Bohnert
Iron Ridge
Fred H. Hodd
Clinton
Hildegarde Nicks
Janesville
Pete Polsik
Green Bay
Ishmael Machado
Milwaukee
Everit Cruze
Bohnert
Hustisford
Dodge County
Hodd
Nicks
Rock County
Typhoon Wanda Claims 83 Lives Near Shanghai
Reports from Hangchow near Shanghai say Typhoon Wanda killed 83 people and injured 300 as homes collapsed and residents were trapped. The storm, described as the season’s fiercest pacific typhoon, was monitored with broadcasts reaching Tokyo. Hangchow lies about 100 miles southwest of Shanghai.
MENTIONED IN THIS ARTICLE
Tokyo
Wanda
Hangchow
Shanghai
Peiping Radio
McKeon Court Martial Seeks Light Sentence For Drowning Recruits
S/Sgt. Matthew C. McKeon faces seven officers at Parris Island after a court martial for negligent homicide in the April 8 drowning of six recruits. The panel weighs a possible three years at hard labor, dishonorable discharge, and pay forfeitures.
MENTIONED IN THIS ARTICLE
Matthew C. McKeon
Elizabeth
Parris Island
Marine Corps
S. C
McKeon
Emile Zola Berman
Betty
Berman
Navy
Irving N. Klein
Maj
Charles B. Sevier
Humid Kenosha Weather Eases Before Incoming Thunderstorms
Weather in Kenosha eased after hot conditions, with thundershowers forecast for tonight. Temperatures may drop to the low 70s tonight and rise to 75 to 85 tomorrow, with readings around 91 at American Motors, 90 downtown, and 88 at the sewage plant.
MENTIONED IN THIS ARTICLE
Kenosha
American Motors Corp
Also Mentioned on This Page
Studebaker
Hannah Davidson
Toledo
Ohio
Paducah
Joon Suh Lee
Chung Yun Kim
Inchon
South Korea
Rhee
Purdue University Engineering
Rotary International For
Scouting
Sgt. McKeon
Egypts
Dave
White House
London
Mr. Eisenhower
Gamal Abdel Nasser
Mediterranean
Red Seas
Nasser
AEC Oks Big Atomic Power Plant
Ike
Adlai
Associated Press
Illinois
Supreme Court
United Press
Polsik
Preble
Wis
Oconto Falls
Machado
Cruze
Lake Michigan
Government Pier
Daniel Rivera
Bulletin
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