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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
May 29, 1959
Page
3
The AP reports a shortage of common stocks, fueling a bull market. First quarter 1959 offerings reached 510 million dollars, up from 300 million a year earlier, while bonds and preferred stock financing remain strong. Taxes keep large blocks of shares off the market.
Fire followed a Navy jet crash aboard the aircraft carrier Essex off Jacksonville. Lt James C Steele died after the plane cartwheeled and exploded on deck. airman Charles E Porter burned to death. Six planes destroyed. 3 critically injured and 18 hospitalized. Essex sustained rear elevator and wiring damage and later resumed training missions.
Pinckney School held its annual play day for grades four through six with sprint and relay races directed by Principal C D Hargadine and PE consultant Jesse Milan. Winners included Gordon Woody and Peggy Sullivan in events and a 4th grade relay team led by Steve Zimmerman among many other top finishers.
Rutgers University students in New Jersey pursue coursework in money and banking and market price analysis as part of their agriculture program.
A light plane carrying an injured man from western Kansas made a forced landing near Wichita after running out of gas ten miles west of the city. Pilot Bill Arganbright of Alva Oklahoma said the craft nosed over on hedgerow stumps hidden by wheat. The injured passenger, William Diacon, was taken to St. Francis Hospital by ambulance. Diacon had a leg broken in three places in a tractor overturn near Weskan.
AP reports Mamie Eisenhower welcomed 514 distinguished elderly guests from local homes for the aged and blind to a White House garden party. The First Lady greeted each guest with a smile and handshake despite heat and mobility challenges, while a Marine Corps band played as guests enjoyed refreshments under red and white striped stands.
Two men tried to catch tarpon from a helicopter near Freeport and San Luis Beach but didn’t get a strike. Abe Schiller of Las Vegas and Carl Pritchett of Lubbock blamed mud clouding water at the Brazos River mouth for thwarting the attempt.
David Bradley, 22, of Wayne, crash landed a single engine plane on a field at Essex County Penitentiary in North Caldwell after misrouting a Hackettstown Totowa flight. He was jailed Thursday night and later released. authorities say you cannot depart from a nonairport field and the plane must be dismantled.
Police say Manuel Gonzales, 65, died by his own action after placing a plastic bag over his head. He was found in his room with a plastic bag and a towel over his head. The coroner reports he had been dead about two weeks.
Blair Adams offers advice on cemetery plantings noting preferred evergreens Arbor Vitae and spreading varieties, perennials like peonies iris and hardy Flora bundas roses. Iris can be planted now with care. peonies not transplantable. florabundas stay 18 to 24 inches. Drive safely and plant only flowers.
Hollywood comedian Bud Abbott says he faces years of debt as tax arrears force sale of his Ojai ranch and Hollywood interests. He compares his plight to Joe Louis, noting penalties and interest from IRS audits on Abbott and Costello earnings.
The Algerian Liberation Army announced 613 French soldiers were killed and 278 wounded in 195 operations against French forces from May 14 to 25. The Algerian Provisional Government said nine French soldiers deserted to join rebels.
The London News Chronicle reports West German Chancellor Konrad Adenauer is working to persuade President Eisenhower against holding a summit. The liberal paper cites a Washington dispatch claiming Adenauer uses all his wiles to influence the President.
The text notes that an agreement at the Geneva foreign ministers conference on Berlin would not justify a heads of government meeting. The remark emphasizes cautious diplomacy and limits on top-level talks.
An Austrian expedition attempting Mt Dhaulagiri in Nepal, at 26795 feet the world premier unclimbed peak, suffered two fatalities according to the Nepalese government.
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