Cross Currents Signal Uncertain Road for Markets
The piece examines Treasury policy, Byrd and Humphrey clashes, and potential bear market signs as industrial stocks rise while rails stall. It notes rising bond yields, gilt‑edge weakness, and inflation fears, with Du Pont gains and rising personal income. The author argues inflation fights and policy must win to avoid trouble.
MENTIONED IN THIS ARTICLE
Harry F. Byrd
Dem. Va
Secretary of the Treasury
George M. Humphrey
Treasury
Economic rebound thesis amid market volatility and optimism
The author contrasts a pessimistic view of perpetual inflation devaluing money with an optimistic forecast of a 1958 upturn in consumer spending. Citing Milton Friedman on permanent income, the piece argues spending and stock valuations may rise despite financial turmoil, predicting continued corporate investment and dividend support while noting uncertainty.
MENTIONED IN THIS ARTICLE
du Pont
National Bureau of Economic Research
Milton Friedman
Friedman
Melon Aroma Key To Ripe Fruit Says UC Expert
Davis California. Harlan K. Pratt of the University of California urges buyers to smell melons to judge ripeness. A ripe melon should give a lush aroma at the blossom end and be springy to soft there. The aroma determines melon flavor.
Full octane value to meet every driving condition
The phrase signals a focus on high octane performance across varied driving scenarios. It suggests engines tuned for peak response, power, and efficiency, aiming to reassure drivers of reliable performance in urban, highway, and tough conditions.
MENTIONED IN THIS ARTICLE
Shell
Shell Premium
Super Shell
Deak’s
The Clark Brothers Shaped Northwest Territory Boundaries
George Rogers Clark led the Vincennes expedition of 1779 and sparked the U S claim to the Northwest Territory. His brother William Clark led the Lewis and Clark expedition and secured title to vast lands west of the Mississippi.
MENTIONED IN THIS ARTICLE
George Rogers Clark
Vincennes
William Clark
Young
George
Northwest Territory
William
Mississippi
Calm Pilot Lands One-Wheel Stop After Takeoff Gear Breaks
Altair Norm Wyborn, a 21 year old student pilot with seven flying hours from Grand Prairie, landed safely at the town airstrip after a wheel dropped off during takeoff. He steered the single engine craft to a stop on one wheel and an axle tip without damage.
MENTIONED IN THIS ARTICLE
Grand Prairie
Altair
Norm Wyborn
Wisconsin Sailors Named Center Hosts for Salute Week
Walter J. Kruesel of Marathon named top Wisconsin bluejacket at Great Lakes Naval Training Center and presiding over the welcoming committee for Salute to Wisconsin week. Eight sailors join him to greet state dignitaries during the summer long homecoming, with open house through Oct. 7 and June 29 Wisconsin Week recruits graduation. The Badgers claim the A flag for athletic excellence as part of the week’s honors.
MENTIONED IN THIS ARTICLE
Great Lakes, Ill
Wisconsin
Naval Training Center
Walter J. Kruesel
Marathon
Great Lakes
Wisconsin Recruit Company
Aeee
Badgers
Actress Terry Moore Withdraws Divorce Suit
Hollywood actress Terry Moore says she has decided to withdraw her divorce suit against international businessman Eugene McGrath.
MENTIONED IN THIS ARTICLE
Hollywood
Terry Moore
Eugene McGrath
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Doerflinger