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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jun 29, 1960
Page
6
President Eisenhower hosts King Bhumibol of Thailand at a White House dinner. The exchange focuses on family, recipes, and shared interests as the King promises noodle soup and possibly ice cream for the President’s grandchildren.
New York AP report details offers to B&O shareholders from New York Central and Chesapeake and Ohio Railroads. Central proposes 144 Central shares plus $9 cash per B&O share, aiming for a three way merger with B&O and C&O. C&O favors a two way merger and notes better dividend history. Central caps purchases at 1,550,000 B&O shares. about 2.55 million B&O shares exist. Alfred Perlman signals openness to an appropriate agreement to form a larger Eastern system centered on Pennsylvania Railroad as rival.
Virgil D Thompson of Valley Center receives the Steffens Dairy Foods Company scholarship at Kansas University School of Pharmacy for 1960 61. John D McEwen, president of Steffens, established the award for a local area pharmacy student. Thompson will be a KU Pharmacy junior after two pre pharmacy years at Wichita University and a transfer last fall.
The 501-foot tanker George MacDonald sank stern-first in the Atlantic about 50 miles east of Charleston after the towline broke. Coast Guard at Miami reported the ship stood vertical in the water as it disappeared, with no crew aboard at the plunge. Captain Eldridge Burnthorn of Houston and two crewmen had been aboard earlier during the tow from Jacksonville toward Charleston.
The Census Bureau reports that many major U S cities are losing population to nearby suburbs. A separate incident describes a ship in tow with 43 aboard, none injured, after a line broke following a condenser casing collapse. crewmen were advised by a Sinclair Refining Co. lawyer not to speak to newsmen.
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