Rails Lift Stocks As Market Closes Higher Week
New York stocks rose in a holiday shortened week led by railroad issues. Union Pacific gained 20% to 130, Nickel Plate 3% to 56, Atlantic Coast Line 2% to 45, Am. Hawaiian Steamship 22½ points to 118, and Texas Company up 6 to 116. Industrial average rose 9.19 to 476.54. rails index up 7.18 to 159.60.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Standard Oil Co
N.J
Chrysler Corp
Jersey Standard
Chrysler
McGraw-Hill Publishing Co
Union Pacific
Wall Street
Atlantic Coast Line
Texas Company
Skelly Oi
S. du Pont
Union Carbide
Allied Chemical
Boeing
North American
Korean Peace Is Far Away, British Say
United Nations observers said peace and unification for Korea remain distant as U S and British reports were interpreted for the UN main political committee. The American resolution urged early consideration of the Korean question next year, but offered no concrete path to lasting peace or unity.
MENTIONED IN THIS ARTICLE
United Nations
N. Y
Korea
U. S
Jacob Blaustein
Britain
Sir Pierson Dixon
United States
General Assembly
Discounting Home Mortgages Reflects Tight Money Market
Washington reports housing experts attribute the discounting of VA and FHA home mortgages to a tight money market rather than a scandal. Lenders’ funds rise and fall, and mortgages often move to other institutions to fund new loans. Builders may raise sale prices to cover discounted loans, while long-term investors and banks hold many mortgages until paid.
MENTIONED IN THIS ARTICLE
Washington
Fha
Savings and Loan
Insurance Companies
Savings and Loan Companies
Wright Patman
D-Tex
Housekeeper Womble Receives $2 Million Estate
In Sherman, a nine woman, three man jury awarded the $2 million estate of the late C T Tatum to 58 year old housekeeper Nettie Edna Womble. She claimed to be Tatum's common law wife, overturning earlier wills that favored Buckner Orphans Home and Scottish Rite Hospital for Crippled Children in Dallas. The case moved from McKinney to Grayson County after a hung jury in the first trial.
MENTIONED IN THIS ARTICLE
Sherman
Tex
C. T. Tatum
Farmersville
Nettie Edna Womble
Grayson County
McKinney
Indiana U Helps Peshawar Establish New Medical College Courses
Indiana University will assist the University of Peshawar in Pakistan to establish science courses for its new Khyber Medical College.
MENTIONED IN THIS ARTICLE
Indiana University
University of Peshawar
Pakistan
Khyber Medical College
Funeral Rites Planned for Gordon Foster 58
Funeral services for Gordon Foster a World War I veteran and Humpty Dump market employee will be held at 2 30 p m Tuesday in Lawton Funeral home chapel with Dr H Tom Wiles officiating Foster a retired master sergeant died Friday at Post hospital Fort Sill Burial rites will be conducted by Lowry Whitehead Post 29 American Legion at Sunset Memorial Gardens He was born January 26 1897 in St Johns Michigan enlisted June 7 1917 came to Fort Sill in 1920 served with the 1st Field Artillery battalion and the 77th Field Artillery battalion later transferred to Fort Hood Texas retiring August 31 1946 He belonged to the American Legion and Retired Service Personnel club Survivors include wife Kathleen Louise Foster two sons Norman Wayne and Billy G Foster six brothers Ed Chalsie and others and three sisters including Mrs Frank Messier and Mrs Lillian Hornbeck.
MENTIONED IN THIS ARTICLE
Gordon Foster
Lee
Lawton Funeral Home
H. Tom Wiles
First Baptist Church
Foster
Post Hospital
Fort Sill
Lowry- Whitehead
American Legion
Sunset Memorial Gardens
St. Johns
Mich
Army
1St Field Artillery
77Th Field Artillery
Fort Hood
Tex
Retired Service Personnel Club
Katherine Louise Foster
Norman Wayne Foster
Oklahoma A&m
Billy G. Foster
Cameron College
Bill
Ochis
Vernon
Harry
Lansing
Chalsie
South Gate
Calif
Frank Messier
Albuquerque
N.M
Lillian Hornbeck
Nora Johnson
Funeral Held for Mrs Addie Mae O Kane at Fort Sill
Services for Mrs. Addie Mae O Kane of Rt 1 were held at 2 p m Friday in the New Post Chapel Fort Sill with Chaplain 1st Lt Charlie W Hargrave officiating Burial followed in Post cemetery under Lawton Funeral Home supervision Mrs O Kane died in a Lawton hospital after a brief illness Bearers were Master Sergeants Roy Tetter Oliver Gross William Wise Edwin Simpson Melvin Perry and J C Ward
MENTIONED IN THIS ARTICLE
Faxon
Addie Mae O'Kane
Rt. 1
Post Chapel
Fort Sill
Charlie W. Hargrave
Post Cemetery
Lawton
Navy ends search for airman missing after crash
The Navy abandoned the search for radioman Jerry Caywood of Cincinnati after five airmen parachuted into the sea from a crippled C-119. The other four crew members were rescued by seaplane tender USS Floyds Bay.
MENTIONED IN THIS ARTICLE
Honolulu
Navy
Jerry Caywood
Cincinnati
Ohio
Floyds Bay
Three Faxon Youths Receive Agriculture Scholarships
Three Faxon 4-H club members Jack Morrison Bobby Wood and Jim Clower have won agriculture scholarships to Bacone College Cameron College and Texas A&M respectively Assistant county agent Arlen Johnson announced Morrison a Faxon high school graduate and 4-H veteran earned district and all area honors plus Sprague Award health and dress demonstration grand championships Wood son of Guy Wood will attend Cameron College after securing top placings in judging and grand champion swine and speech demonstrations Clower son of Clinton Clower will study at A&M for outstanding 4-H work blue health and Sprague Award wins and multiple grand championships including speech demonstrations calves and swine City Service Oil Company provides Clower's scholarship.
MENTIONED IN THIS ARTICLE
Faxon 4-H Club
Arlen Johnson
Jack Morrison
Bobby Wood
Jim Clower
Faxon High School
O. C. Livingston
Faxon
Sprague
Morrison
City Service Oil Company
Archers Launch Annual Deer Hunt in Oklahoma
Oklahoma City reports the archery deer season opening in eastern Oklahoma. A 10 day season covers 16 000 acres across Muskogee and Cherokee counties with about 300 archers expected to participate. Early entrants camped out Friday night as experts let fly.
MENTIONED IN THIS ARTICLE
Oklahoma City
Oklahoma
Muskogee
Cherokee
Also Mentioned on This Page
Ross Routh
Lawton National Guard Armory
Routh
Oklahoma National Guard
R. A. Belting
Ordnance
Ron Stephens
Milton C. Worley
179Th Infantry
Milton Keating
Raymond Gary
Ieee
California
Texas
Southwest
Florida
Auto Radio
Southwestern Radio & Sound
4Th & E
Norton-Kitchens
Buick Co
Pittsburgh Paints
Mrs
Addie O'Kane
FT. Sill Boulevard
McKee CO. Pho
Evangelistic Services
Robert S. Scales
Richard T. Hopper
Central Baptist Church
D Avenue
Corner Drug
St. Or
RFD
City
Corner Drug Co-operative
Okla
Bacone College
He Is
W. O. Morrison
Wood Is the
Guy Wood
Geronimo
Camer
A&m
Clower
Clinton Clower
Hollywood
Wrought
Lawton Mattress Company
C. P. Pennington
E Avenue
Oklahoma Tire & Supply
Philco
Swiveler
Bec
Brown
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