TEC Employees To Get Dividend From Kodak
Eastman Kodak will distribute about 53,000 checks totaling 28 million dollars next Monday, Wage Dividend Day. About 9,300 Tennessee Eastman, Eastman Chemical, and Halston Defense workers will share a dividend based on five years of earnings. Each eligible employee receives 2875 for every thousand dollars earned, with 1950 to 1954 era figures cited and active-duty military service noted as not affecting eligibility.
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Eastman Kodak
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Eastman Chemical Prof
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Kodak
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US stock market eyes foreign participation impact
McClay tells Senate the United States grows economically more dependent on Western allies as foreigners held about 3.4 billion of U S stocks in 1953, about 20 percent of NYSE total, amid doubts of a future reversal and stock prices fell despite a modest recovery.
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Nashville Businessman Dies in Murfreesboro Plane Crash
A Nashville businessman, 42 year old S Merritt, was killed when his plane flipped during a landing attempt near Murfreesboro. A witness said the craft bounced about 15 feet high before skimming the ground. Merritt was president of Senthey Vondonware Co. and operated in the Southeastern region.
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Murfreesboro
Galbert
S. Merritt
Nashville
Alor
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Hive Southeastern
Lato
Flood Crest Moves Into Ind Ky Area
The Ohio River flood crest moved into Indiana and Kentucky with up to 61.2 feet forecast in Cincinnati area. Estimated damage topped eight million dollars across Ohio West Virginia Kentucky and Indiana as high water inundated warehouses and yards. Three deaths were reported as floodwaters trapped a man in a Cincinnati warehouse elevator. state and federal officials mobilized levees flood walls and relief as millions faced displacement and property loss.
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H Yance
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Olde
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Ohio Valley
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Ohio Tver Engineers
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Maystite
George T. Deroy
Haine
Coney Island
River Downs
Dowhe How
Court faces jury shortage in retrial of sex case
Eleven prospective jurors were seated as jury pool dwindled in the Mickey Jelke retrial for compulsory prostitution. A recess was called until Monday after only one more man and two more women could be picked. The panel included George F. Servio of a telephone company and Allan B. Wahlberg of an apartment building, with several prospective female jurors rejected amid concern over seamy testimony. No women served on the prior jury that heard testimony from high priced call girls. a new trial was ordered after the Appellate Division found the first trial unfair and press coverage improperly restricted.
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New York
Mickey Jelke
Brunell
George F. Servio
Telephone Company
Presian
Allan Mr. B. Wahlberg
Manner of
Ath Avenue
Jeike
General Sessions
I Francis L. Valente
Actice
Tony
Youths Blame Ex-Convicts In Central Market Robbery Case
In Bloomingville, two youths accused ex-convicts of driving them to break ins at Central Market on Dec 17, 20, and 22. David Faul Llosa of Charter Hollow and William Glenn Arnold pleaded guilty to all charges, with state evidence including confessions. Defense cited factors while trials proceeded. arrests linked to Colonial Heights Grocery and McCrary Auto Parts, as detectives tied statements to the alleged trio involved.
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David
Faul Llosa
Charen Hull
Bloomingdale Road
Heigins
Anun Paris
Gate City Highway
ARES
Kingsport Times-News
William Glenn
Arnold
Church Hill
Central Market
B.C. MeInturly
Gettling City
Albert Fletcher
J. M. Broyles
Thal Alder
Carl Lee
Bob Brown
Lee
Brown
Broyles
Saint He
Armold
Colonial Heights
Johnson City
McCrary Auto Parts
Lloyd
Preston Taylor
Squires Approve New Road Bond Issue in Sullivan County
Sullivan County Court approves a road bond proposal as a first step toward funding approximately 28 miles of county roads to be blacktopped. If 5 percent of qualified voters sign a protest petition, a referendum will be held. the court notes tax impact and cites prior bonds totaling 728000 for jail and high school rebuilds.
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Blountville
Sullivan County
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Couny
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Otis Pendleton
State Highway Department
Sia Waghwiy
Ashville
Willan Leach
Han Aiternrlye
Tn Goshead
Bendiersn
Sidew
Howard Poston
Reds Build Up Reinforcements Amid Formosa Tensions
Formosa area reports say Chinese Nationalists warn of Red reinforcements moving from Manchuria by air division to threaten offshore islands. US policy supports a strong anti communist stance as Dulles outlines continued force. Wen Huasling, a former Communist naval official, predicts Soviet support for any assault on Quemoy and Matsu if diplomacy fails.
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Wen Huasling
Commu List
Associated Press
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Wenr
U ‘Ih
Formosa
Oret
Russia
Wen
Quemny
Matsu
Guaranteed Annual Wage Fight Looms
DETROIT March 0 The UAW opens the opening round in a guaranteed annual wage dispute in the auto industry. Expatory talks will be held separately with General Motors and Ford, covering about 2.5 million workers and aiming to win a guaranteed annual wage for over a million auto workers and possibly many CIO members.
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CLO
United Auto Workers
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Air Force Jets Break Los Angeles to New York Speed Record
Thunderstreak jets set a nonstop Los Angeles to New York record in under four hours. Lt. General Robert R. Scott led the flight at Floyd Bennett Field with an average speed near 649 mph, finishing in 3 hours 46 minutes 43 seconds. Maj. Robert Ruby and Capt. Charles Hudson followed, beating the old 4 hour 6 minute 16 second mark from 1934. Eight jets started. five dropped out, all landed safely, aided by a 90 mph tailwind and in-flight refueling.
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Air Force
Faf
Thunderstreak
Los Angeles
Floyd Bennett Field
Gal
Robert R. Scott
Des Moin Tawn
Scott
Secant
Maj
Robert ©. Ruby
Des Moines
Charles T. Hudson
Air National Guard
Willard Millikan
Washington, D.C
Los Angeles International Airport
Rutherford Case To Be Demanded In Tennessee Court
In Blountville on March 3 Attorney General H. Conway Smith said the Rutherford murder case may go to trial, with bond forfeiture if the aged defendant Ollie Rutherford remains ineligible. The 62-year-old defendant, linked to an incident in Kingsport on December 10 1952, has seen four years of continuances due to health and mental concerns, as Judge Rogan and prosecutors prepared witnesses for a potential Thursday session while docket pressures persisted.
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Blountville
H. Conway Smith
Granne
Rutheriford
Virginia
Smith
Ollie Rutherford
Kingsport
Thomias
Rogan
Towet
Jude Rogan
Reds Do Not Value U S Pledge Dulles
A cluttered report outlines court dates for Juke Sells and Bill Phillips amid alleged assaults, forfeitures, and nonappearances. It notes proposed military pay raises tied to defense funding, plus Dulles briefings on Formosa and shifts in U S policy toward China.
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Reds
U.S
Dulles
Senate Democrats Tweak Tax Cut Plan Amid Debate
Washington report notes Senate Democrats unveiled a substitute income tax cut of about 908 million dollars annually, largely aiding low income families with a 20 for the six payer and ten per dependent structure while repealing corporate perks and dividend credits to offset the loss. Support hinges on Republican defection and southern Democrats caution over passage as current Senate majority sits 49-47 in favor of Democrats.
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Washington
Muareh
ATS Debac
Revere
Byrd
Vad
George Gai
Stout
Senate Gop
Senate
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