Oil profits slump but bulls shrug in market optimism
Oil companies show sharp six month earnings declines with 21 of 24 firms down year over year. total profits fall 35.4 percent from 1957 to 1958. Yet bulls weigh world tension and rising federal debt as inflation could lift future earnings. Some see inventories aligning, prices firming, and recession ending signaling a potential profits rebound.
MENTIONED IN THIS ARTICLE
New York
U.S
Middle East
Europe
Suez Canal
U.S. Reports New Atomic and Hydrogen Weapon Types
The Atomic Energy Commission in its semiannual report to Congress notes faster readiness of newer weapon models. It highlights uranium material production reaching an all time high, progress in atomic propulsion for aircraft and missiles, and advances in fusion power for peacetime use. The study also cites underground test results and cancer treatment advances by AEC scientists.
MENTIONED IN THIS ARTICLE
Washington
United States
Atomic Energy Commission
Congress
Xeke
America
Nevada
AEC
Heavy construction contracts decline for week
New York AP reports heavy construction contract awards for the week ended Monday fell to 388.032 million from 455.42 million the prior week. Engineering News Record and Construction Daily note totals include 165.46 million in private work and 222.572 million in public work, versus 401.045 million in the year-ago week.
MENTIONED IN THIS ARTICLE
New York
Engineering News Record and Construction Daily
Postmaster Nominations Confirmed for Wisconsin
The Senate confirmed Eisenhower nominations for Wisconsin postmasters Thomas E. Brooks Butler and Claude J. Weber of Chilton.
MENTIONED IN THIS ARTICLE
Washington
Senate
Wisconsin
Eisenhower
Thomas E. Brooks
Butler
Claude J. Weber
Chilton
Smithsonian Minerals Exhibit Shows Beauty and Wonder
Washington AP reports the Smithsonian’s new minerals show uses indirect lighting to reveal dazzling colors and shapes. The display includes gems, a Van Buren gift necklace, Smithsonite, and a rare California gold nugget, with coal excluded as not a mineral and ice absent due to heat.
MENTIONED IN THIS ARTICLE
Washington
Smithsonian Institution
Smithsonian
Sutter’s Mill
James Marshall
California
Marines Leave Lebanon for Discharge in United States
Twenty one Marines boarded a Navy transport in Naples Italy for discharge at Camp Lejeune North Carolina. The movement is described as an early return not signaling a full withdrawal from Lebanon. The Marines had been two months overdue for discharge at the end of their enlistments.
MENTIONED IN THIS ARTICLE
Naples
Italy
Lebanon
United States
Camp Lejeune
N. C
Top Tunesmith Has Never Written Rock
Bob Allen, 31, the leading young tunesmith of Tin Pan Alley, has never written a rock song. He writes mainly melodies, collaborates on lyrics, and has over 15 million recordings sold with hits like Home for the Holidays and Everybody Loves a Lover.
MENTIONED IN THIS ARTICLE
TOP Tunesmith
New York
Doris Day
Pat Boone
the Four Lads
Bob
Johnny
Troy
N.Y
Recreation leaders to attend camp near Antigo Wisconsin
Recreation leaders from 18 counties will gather at Camp Susan near Antigo for a week long training lab. Bruce Cartter executive secretary of the Wisconsin Recreation Leaders Laboratory reports sessions in nature lore crafts music dramatic skills and folk dancing. Registration is open to anyone 17 or older. The camp closes Aug 9.
MENTIONED IN THIS ARTICLE
Madison
Wisconsin
Camp Susan
Antigo
Bruce Cartter
The
Wisconsin Recreation Leaders ,Laboratory
Guardsmen To Man Nike Missile Sites
National Guardsmen in 14 states including Wisconsin will start full-time duty at Nike anti aircraft missile sites. The 720th Battalion will pilot the program in September, taking over four sites in the Los Angeles area, with other state units to be designated later.
MENTIONED IN THIS ARTICLE
Washington
Wisconsin
Defense Department
Los Angeles
Calif
California
Connecticut
Ohio
Rhode Island
Secret of Success in West Virginia Mile Race
P Keith Locke, record-breaking mile at the state high school track meet, told a church member he prayed during the race. He said, I said, Lord, you pick them up and I’ll put them down.
MENTIONED IN THIS ARTICLE
Huntington
W. Va
Keith Locke
Traffic Deaths Trend Down from Year Earlier
The National Safety Council notes a mid year toll of 16,240 road fatalities, suggesting 1,500 fewer deaths in 1958 than in 1957 if trends hold. June marks an 18th decline in 19 months. 25 states had fewer deaths than June 1957 and Milwaukee leads its population group for safest traffic record.
MENTIONED IN THIS ARTICLE
Chicago
National Safety Council
Milwaukee
Jean Carroll avoids TV stardom and psychiatry
New York AP profile of Jean Carroll, a comedian known for standup and frequent guest appearances on The Ed Sullivan Show, Bob Crosby Show, and more. She dislikes a weekly show, values guest work, cites family life and hobbies gardening golf piano riding horseback.
MENTIONED IN THIS ARTICLE
New York
Jean Carroll
Miss Carroll
Bob Crosby
Jean
Robin
Lassie
Lifeguards Herd Whale Back to Sea Off California Beach
Lifeguards Victor Higgins and Bill Blackburn used a speedboat to harass a 35-foot whale as it breached near Long Beach. After a dozen passes the wash from the boat pushed the animal back through the breakwater and into open ocean.
MENTIONED IN THIS ARTICLE
Long Beach
Calif
Victor Higgins
Bill Blackburn
Lost boy found in father's car in Greensboro
Sverre Paulsen, 4, was reported missing from Lynchburg Virginia. After a search spanning four hours and involving neighbors and police, the boy reappeared in the back seat of his father Martin Paulsen’s car in Greensboro North Carolina. The father said he did not know the boy was in the vehicle.
MENTIONED IN THIS ARTICLE
Lynchburg
Sverre Paulsen
North Carolina
Greensboro
N.C
Martin L. Paulsen
Wisconsin utility wins line approval for Beloit area
The Wisconsin Power and Light Co. gains PSC authorization to build a three quarter mile feeder line to South Beloit Water Gas and Electric Co. at a construction cost of about 18000 dollars. The commission also sets hearings on rate increases and facility projects across the state.
MENTIONED IN THIS ARTICLE
Standard Oil Co
Marshfield
Madison
Chilton
Gilbert Schoen
Stockbridge
Lake Winnebago
Calumet County
Appleton
Appleton Yacht Club
Fox River
McFarland
Pacific and
Wyocena Coop. Telephone Co
Wyocena
Janesville
North Western Railway
Rock County
Local auction and sale notices at multiple venues
Local listings announce a furniture auction at 142 Vine on Saturday August 2 at 1 p.m. led by Ray Arneson with fresh rolls on Sundays at Cy's Liberty. Also featured are Universal Photo Service film drop off, Schmidty's air conditioned eats, and a neighborhood rummage sale at 787 No 24th offering clothing furniture and more.
MENTIONED IN THIS ARTICLE
Vine
Ray Arneson
Cy’s Liberty
Universal Photo Service
State Street
Schmidty’s
State Rd
Landscape worker dies in tractor overturn near Waukesha
Joseph Schultz, 52, a landscape contractor, was killed when the tractor he was riding overturned while grading the rear yard of a new apartment building. Schultz lived three miles east of Waukesha.
MENTIONED IN THIS ARTICLE
Waukesha
Joseph Schultz
Schultz
Divorcee To Be Questioned In Teel Slaying
Indianapolis police awaited the consciousness of Connie Nicholas a 40 year old divorcee amid a murder probe into the death of Forrest Teel a 54 year old Eli Lilly executive. A .25 caliber pistol and four bullets link her to the case with evidence of a love triangle and notes seeking cremation of her body.
MENTIONED IN THIS ARTICLE
Teel
Indianapolis
Connie Nicholas
Forrest Teel
Eli Lilly Co
Phil Sanders
Nicholas
General Hospital
Lilly Company
Sanders
Tee
Lilly
Portage Station WPDR Joins AP News Network
WPDR of Portage marks sixth anniversary by joining The Associated Press as an AP member. The move provides worldwide coverage through AP facilities and makes WPDR the second Wisconsin station to join AP this month after WPFP of Park Falls joined earlier in July.
MENTIONED IN THIS ARTICLE
Portage
WPDR
Associated Press
Wisconsin
WPFP
Park Falls
Americans Clash With French in Sahara Oil Camp
Andrew Borowiec Hass Messaoud Algeria AP reports American oilmen in the Sahara face bitter anti American sentiment as 3000 workers pursue France dream. Veterans say French engineers ignore Americans while Americans say the French refuse to learn French and prefer English.
MENTIONED IN THIS ARTICLE
Hassi Messaoud
Algeria
Sahara Sands
Sehara
France
Ette
Billy McBride
Fort Worth
Tex
Lord Named Dean of Columbia General Studies
Dr. Clifford Lee Lord, ex director of the Wisconsin State Historical Society, was named dean of Columbia University's School of General Studies. He succeeds Louis Hacker and will start Sept. 1. Lord has long ties to Columbia, holds a Ph.D. from the university, and has led major historical associations and projects.
MENTIONED IN THIS ARTICLE
New York
Clifford Lee Lord
Wisconsin State Historical Society
School of General Studies
Columbia University
Lord
Columbia
Louis M. Hacker
Amherst College
University Extension
New York State Historical Assn
Farmers’ Museum
Cooperstown
N.Y
American Assn. of
American History Research Center
Wisconsin
Bulldozer Operator Killed in Glendale Accident
Charles G. Michels age 40 of Glendale died at a Waukesha County subdivision site when a tree limb snapped under tension and struck him in the face drawing him into the bulldozer tracks. He was pushing limbs into an excavation when the fatal incident occurred.
MENTIONED IN THIS ARTICLE
NEW
Man Charged With Bigamy Fights Two Divorces
Everett C. Hess of Phoenix filed divorce suits against two of his three wives alleging excessive cruel treatment. He notes the third wife has already sued him for divorce.
MENTIONED IN THIS ARTICLE
Phoenix, Ariz.p
Everett C. Hess
Election Of Proxmire A Fluke Thomson Says
Wisconsin Governor Vernon Thomson called Proxmire's 1964 Senate win a political fluke. He argued Democratic gains were overstated and urged Republicans to mobilize voters. Proxmire praised the information bill advancing in Congress, denouncing secrecy in government.
MENTIONED IN THIS ARTICLE
Thomson
Vernon Thomson
Wisconsin
GOP
Eau Claire
William Proxmire
Madison
Proxmire
Walter Reuther
United Auto Workers
Congress
U.S
Roland J. Steinle
Bill Proxmire
Reuther
Washington
Cycles in Biology Show Long and Short Population Peaks
Biological cycles are described with a 62 year elephant population peak and a four year cycle for field mice population growth. The note highlights distinct timing patterns across species.
Dog Leads Family to New Home Through Want Ads
A La Crosse dog carried the Want Ad section of The La Crosse Tribune to his master during a discussion of buying a house. The family found their perfect home in the ads and bought the dog a new home as a thank you, proving want ads work for dogs and people.
MENTIONED IN THIS ARTICLE
la Crosse
la Crosse Tribune
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Whitey
Irwils
Business Mirror
AP Business News
Ket
Tion
van Buren
Iman
Muscat
Liut
James Smithson
Hal Boyle
Robert Allen
Bob Allen
Wonder Boy
Manhattan
Julie Wilson
Billy Daniels
Wrom
Allen
Boyle
L. O. Low
N. 21St
J. L. Beadle
Birch St
BOB Bymers
S. 26Th St
PTA
Beloit
Waupaca
Railway Express
Iola
Kinzie
Et E
William Butler
By Andrew Borowiec
Paul R. Downs
Bakersfield
U. S
Texas
Dean
Columbia U
Vandy
Redwood
Schneider’s
South Third Street
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