Big US industry posts record third quarter profits
New York reports show General Motors records the highest third quarter net in history, nine month profits pass one billion taxed, Standard Oil NJ posts 532 million nine month net, United States Steel and Bethlehem Steel hit new nine month highs. Auto production drives steel and airline earnings as 1955 gains forecast into 1956 with high capacity use and strong retail sales despite farm income lag and waning construction.
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New York
U. S
General Motors
Standard Oil Co
United States Steel Corp
Bethlehem Steel
Detroit
Ford
Chevrolet
Buick
Plymouth
Ward
Trend of Security Prices for Past Week Analyzed
H de LA CHAPELLE discusses security price trends over the past week with emphasis on 12 day totals near 22 million shares, noting liquidation pressures easing and a 50 percent retracement of the September-October decline. British market rallies show constructive signals and potential implications for New York.
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H. de LA Chapelle
Paine
Webber
Jackson
Wea
Lension
New York
Sand Deki
New Retailer Manager for L B Selected
Vito Romans named manager of the Long Beach Retailers Association replacing Frederick Sykes who becomes executive vice president of the Church of Religious Science in Los Angeles. Romans, formerly assistant manager at California Compensation and Fire Co. of Los Angeles, has worked for Macy’s San Francisco and was assistant credit manager at Bulfurs. He is a former president of the Long Beach Credit Club and local chapters of the National Office Management Association and Lakewood Lions Club. Downtown modernization plans were outlined by Vaile G. Young and Bill Barbee. Sykes received an engraved wrist watch. Romans takes over Tuesday.
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Vito Romans
Long Beach
Associated
Hook
Lafayette Hotel
Romans
Frederick Sykes
Church of Religious Science
Los Angeles
California Compensation and Fire Co
Macy's
San Francisco
Bulfurs
Peron Labor Leaders End Strike Plans
In Buenos Aires Peronist labor leaders canceled plans for a general strike and agreed to hold new union elections. The government ousted CGT heads, ordered armed forces officers to preside over unions, and assigned three labor ministry inspectors per union. New CGT elections are set 120 days away.
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Buenos Aires
Juan D. Peron
Luis Cerrutli
General Labor Confederation
CGT
Peron
Labor Ministry
Earth satellite May Garry Instruments May Garry Instruments
Washington science director Alan Waterman said the first satellite might weigh around sixteen pounds or more and could lack instrumentation if launchers face difficulties. He noted the buoyant atmosphere at the altitude is uncertain and density unknown.
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Washington
Alan FT. Waterman
Nactionr
Science Fein
Swat
Waterman
Phyllis Avery Sues Husband for Divorce
Los Angeles actress Phyllis Avery 30 has filed for divorce from Don Taylor 34 after 11 years of marriage. They share two children aged six and five. The complaint cites cruelty and notes a property settlement. Custody of the children is to go to the father with visitation rights.
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Los Angeles
Phyllis Avery
Don Taylor
Avery
Credit shifts and anti cyclical policy push markets higher
The article discusses shifting credit cycles and anti cyclical policy as governments and money dynamics change. It notes earlier booms, tighter mortgage terms, and hopes for tax revenue to balance the budget next year. It cites election year effects and expected disposable income boosting spending and markets. Major vessels in port and trade activity are briefly listed, reflecting a busy maritime context.
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Ture
Estero Bay
Fiawanan
Finetiatt
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Lebe Eran Staten Mursah
Jones
Portland
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Peat
Alberta
K. ‘Thompaan
Cape Town
Knoxville
Masons Elect Stewart Leader In California Grand Lodge
The 105th annual California Masons communication elected Stewart Jr of Los Angeles as grand master with Leo B. Anderson of Palo Alto named deputy grand master. L. Harold Peels was elected senior grand warden and Phil M. Myers of McCloud ascended to junior grand warden as the closing session concluded.
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Masons
Stewart
L. A
San Francisco
Henry’ C. Clausen
Sam
Fran- Bar V. Stewart Jr
Los
Cisco
Rtd
L. Harold Peels
Anderson
Palo Alto
California
Leo B. Anderson
Hollywood
Nual Communication
Thejard
Phil M. Myers
McCloud
Kilgore to be Released After Europe Heart Attack
U S Senator Harley M Kilgore of West Virginia was to be discharged from a Madrid hospital after recovering from a heart attack suffered during a European tour.
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Kilgore
Madrid
Spain
U. S
Harley M. Kilgore
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Europe
Air Carrier Kearsarge Deploys on Six Month Western Pacific Tour
The U S aircraft carrier Kearsarge with a 3000 crew sailed at 8 00 a m for a six month training and operations tour in the Western Pacific. Aboard are Fighter Squadron 91 from Alameda NAS Fighter Squadrons 54 and 141 from Miramar NAS detachments of composite Fighter Squadrons 11 and 35 from San Diego NAS photo detachment Composite Squadron 61 Miramar and Helicopter Utility Squadron 1 with Rear Adm aboard for the voyage.
MENTIONED IN THIS ARTICLE
San Diego
U. S
Kearsarge
Nervous husband arranges wife funeral then kills self
Leonard Spencer Spears 65 explained he felt nervous and would not outlive his wife Anna who lay critically ill in a Modesto hospital. On Thursday he arranged her funeral at Ivers Alcorn Mission Chapel and later killed himself in an auto court cabin, authorities said. Coroner Kenneth Riggs confirmed Spears shot himself.
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Self Merced
Leonard Spencer Spears
Anna
Modesto
Spears
Ivers & Alcorn Mission Chapel
Kenneth Riggs
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