Business and Industry Summary for Week in New York
A bullish tone pervades the week with strong stock gains and record electric output while sector slumps appear in steel and motors. Retail demand holds high with promotions boosting car sales on credit and housing starts reaching a yearly peak, though auto production slides and rail profits dip amid broader merger talks and fiscal shifts.
MENTIONED IN THIS ARTICLE
New York
Congress
Eugene Grace
Bethlehem Steel Corp
Workd
Youngstown Sheet & Tube Co
Moerritt-Chapman & Scott Corp
Marion Power Shovel Co
Lew
Benjamin Fairless
United States, Steel Corp
Nen Cay
General Motors Corp
Pearl Larbor
General Motors
Pennsylvania Railroad
T He Pennsy
Trend of Security Prices for Past Week Analyzed
Analysis notes earnings, price earnings ratios, and sector outlook for steel, tobacco, and oil stocks. Highlights optimism for steel stocks as investment media, tobacco stocks undervalued with EPT relief, and oil stocks showing steady growth. Seasonal patterns suggest buying and selling opportunities through 1955, with August peak probability and September dip potential.
MENTIONED IN THIS ARTICLE
E.P.T
American Tobacco
Liggett & Myers
Philp Morris
R. J. Reynolds
N. ¥. Times
General Motors
General Motor
Yugoslav Soldier Killed in Albania Border Ambush
Albanian border clash leaves one Yugoslav corporal dead as eight Albanian soldiers open fire with automatic weapons. The incident occurred on the frontier during a surveillance or patrol under an agreed border arrangement. Deputy Foreign Secretary Veljko Micunovic protested vigorously to the Albanian minister.
MENTIONED IN THIS ARTICLE
SuLokaAun
Jugoslavia Q
Radio Bel- Erade
Veljko Micunovic
Temperatures Drop as Snow Hits Dolomites in Italy
Icy winds and unseasonal snow swept Bolzano Province as temperatures fell to freezing. Snow touched the Pordol Pass and Mount Elmo near Dobhiaco, with cold conditions also spreading to Piedmont in the northwest.
MENTIONED IN THIS ARTICLE
Bolzano
Italy
Dolomite
Pordol Pass
Mount Elmo
Dobhiaco
Piedmont
Obituaries From Long Beach Area News
Multiple obituaries from Long Beach area residents list Grace Elizabeth Bullard 51 of 602 Ohios Aye died in a Long Beach hospital. Service at Immanuel Baptist Church. interment at Inglewood Park Cemetery. Also noted are infant Shaffer, Benedict J. Kiley, Philip A. Newsome, Emil Henckel, Pamela Lynn Hatfield, Rev Ralph Dunlap, Stephen Craig Reese, Ed Kaselack with details on families, service times, and burial plans.
MENTIONED IN THIS ARTICLE
William of
Long Beach
Mary Hatfield
Arthur T. Hatfield
Edith Clark
Immanuel Baptist Church
R. Merrill Jensen
Inglewood Park Cemetery
Christensen-Pine
Kiluy
Benedict J. Kiley
Daisy Ave
Cooperstown
St. Anthony's Catholic Parish
Margaret Burgess
Grace Shattuck
Mary Creeden
Dan O'Brien
Jeno
Long Breach
A Weist
Compion
Naomi Mergens
William
Francis
Dispay Mortuary
Henckel
Emil Henckel
Aaisborg
Denmark
United States
Union Pacific
Pasenger
Brotherhood of Railways
Brotherhood of Railroad Conducttors
Elo
Selima
Roy W
Gerald Irvine
Minniel Debyenel
Julia Jones
Henry
H. P
Henekel
Mottell's Mortuary Chapel
Sunnyside Memorial Park
Christensen-Pina Mortuary
William L.callins
Green Hills Memorial Park
Kraselack
Ed Kaselack
Hoffman Ave
Cherokee Strip
Grant County
Oklo
Reve
Russia
McCormick Harvester Co
Europe
Asia
E. Kaselack
South Los Angeles
Automobile Club of Southern
Ex Military Governor Weds German Actress in Germany
Former American military governor James A. Nawnman, 32, marries 27 year old German actress Maria Rah in Frankfurt. After a brief Austria honeymoon they will move to San Diego, where a home awaits. Newman served seven years in Frankfurt as an occupation official and is writing a book about his experiences.
MENTIONED IN THIS ARTICLE
Frankfury
Germany
Hesse
James A. Naw
Maria Rah
Austria
San Diego
Calif
Newman
Frankfurt
Also Mentioned on This Page
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Dod Industrials
H. DB EA Chappeeler
W. Paine
Wepber Jackson & Curtis
Paul J, Macgregol Alond
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Avon Associated
Amiey Cleum A. G. Rubelikry
San Fransisco
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Partlan Richfield Oil Corp
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A. Morgan LB
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James Gnok
Yokohama Bora
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Newsome
Santa Ana
Philip A. Newsome
Valencia St
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Tustin
E. Douglass
Grard Junction
Colo
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