Adlai Pushes California Senate Run Considered by Chronicle
The San Francisco Chronicle reports Adlai Stevenson, former Illinois governor and two time Democratic presidential candidate, may run for U S Senate in California in 1958 against incumbent Senator William F. Knowland. The piece notes California business leaders urge Stevenson to relocate to California and enter the race. Stevenson was born in Los Angeles.
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$600 000 Securities Theft Probe Launched in Canada
Montreal police launched a probe into a theft of about $600,000 in negotiable securities from the brokerage firm R Moat and Co. Three men are being sought for questioning, with warrants issued for two. Investigators say suspects may include delivery staff and associates. the theft is described as the largest in the region. The bank opened its 600th California branch in southeast Mateo.
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Joseph Bedard
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SEC Probes Crowell-Collier $4 Million Securities Sale
SEC officials said Crowell-Collier Publishing Co issued convertible debentures totaling four million dollars in 1955 and this year under an exemption. The agency will review whether the company complied with the Securities Act of 1923 and the 1934 Exchange Act by proper registration and full disclosure. Collier's Magazine and Woman's Home Companion were halted as the investigation proceeds.
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Crowell-Collier
Washington
Hear Crowell-Callier Publishing Co
New York
Collier's Magazine
Woman's “Home Companion
Crowill- Collier
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