American Oilmen Rediscovering Europe Market
American oilmen, led by Jersey Standard, rediscover Europe as a growing market. They estimate 750 million dollars invested postwar, eightfold refining capacity, and new catalytic cracking units this year. Energy per capita in Europe rises as living standards and mechanization expand, with oil supplying about 20 percent of energy.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Europe
Columbus
America
Jersey Standard Oil
Lamp
Chase Manhattan Bank of New York
Laborite Leader Dies At Age 48
Hector McNeil, 48, a British Labour Party leader and former minister of state at the Foreign Office, died of a brain hemorrhage aboard the Queen Mary and after docking was taken to Columbia Presbyterian Medical Center. He represented Britain at the United Nations from 1946 to 1949 and later worked as European representative for Encyclopedia Britannica. He is survived by his wife and a son.
MENTIONED IN THIS ARTICLE
New York
Hector McNeil
Labor Party
Foreign Office
Columbia Presbyterian Medical Center
McNeil
Great Britain
Ernest Bevin
United Nations
United States
Britannica
1955 Burley Tobacco Crop Forecast Up 18 Million Pounds
The Agriculture Department estimated the 1955 Burley tobacco crop at 518 million pounds, up 18 million from the September forecast. Despite a tough growing season in key Kentucky regions, farmers report higher yields per acre than a month earlier.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Blue Grass
Kentucky
American Airlines Aims 50 Million Passenger Milestone
CHICAGO reports American Airlines expected to become the first airline worldwide to carry 50 million passengers. The carrier began operations in 1935 and anticipates reaching the milestone by Wednesday.
MENTIONED IN THIS ARTICLE
Chicago
American Airlines
American
Quotes From News From United Press Headlines
Margaret Truman denies engagement plans when asked about an imminent announcement. Gambler Mickey Cohen explains his plan to avoid public life after release, saying no one would hire him. Mayor Daley supports Adlai Stevenson's chances and predicts others will back him soon.
MENTIONED IN THIS ARTICLE
United Press
Margaret Truman
Mickey Cohen
Trabert Considers Pro Offer Worth Up To One Hundred Thousand
U S tennis champion Tony Trabert weighs a professional offer he says he cannot pass up, noting the chance could bring as much as 100000 dollars. He believes turning pro presents a unique opportunity and substantial earnings potential.
MENTIONED IN THIS ARTICLE
U. S
Tony Trabert
Listening course urged at convention speech
Dr. Wesley Wiksell of Louisiana State University told the Systems and Procedures Association of America convention in Detroit that schools offer reading writing and speaking but seldom teach listening, urging emphasis on listening skills.
MENTIONED IN THIS ARTICLE
Wesley Wiksell
Louisiana State University
Systems and Procedures Association of America
Detroit
Major oil field hinted in Israel's Heletz discovery
Prospects said Tuesday that a potential major oil field exists in the Heletz area, site of Israel's first oil discovery. The new strike reportedly lies in a rock stratum below the first well's location, suggesting a deeper discovery.
MENTIONED IN THIS ARTICLE
Israel
Heletz
Flood Death Toll Rises in Punjab and Patiala Region
Official sources report about 450 people died in last week’s floods in northern Indian states Punjab and the Patiala Princely Union. Most fatalities came from building collapses rather than drowning. Prime Minister Nehru called it the worst flood in 70 years.
MENTIONED IN THIS ARTICLE
New Delhi
India
Punjab
Patiala
Corn support price set at 87 percent of parity
The Agriculture Department announced a national average corn support price of 1.58 dollars per bushel for the 1955 crop, equal to 87 percent of parity. This matches the minimum price set in March, with last year’s support at 1.62 dollars per bushel and 90 percent of parity.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
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