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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Jan 15, 1957
Page
4
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In a tense Big Ten showdown the Middies extended their winning streak to 36 with an overtime victory. The crowd buzzed as fans debated who could topple them, noting the league parity and the season’s unpredictable outcomes.
Keith Funston president of the New York Stock Exchange urged a fair and warmer investment climate before the 61st Congress of American Industry. He warned that a $360 billion capital bill is needed to build capacity toward 1965 goals, with about $60 billion from new stock sales and half from institutional investors. He noted 8.6 million people own stock and highlighted issues like double taxation and capital gains taxes deterring investors.
President Eisenhower will ask Congress for roughly 70 billion dollars in the 1958 fiscal year starting next July. The budget follows a late trend where general welfare non-defense spending has risen to about 28.9 billion, reversing earlier cuts from Truman era.
New York columnist Hal Boyle riffs on odd, everyday curios from readers. He notes housewives’ long meal prep, energy use when standing versus sitting, calcium needs and sources, and quirky trivia about history, vaccines, and even the ASPCA’s phone gimmick.
The tomorrow forecast notes morning conditions may disappoint but opportunities exist for energetic people to solve problems and advance. In the afternoon inventions, science, romance, and social events are favored with happy prospects for 1957.
George E. Sokolsky argues the passport definition is unclear whether it is an identity letter or a treaty-bound document. He urges Congress to define its purpose, eligibility, obligations, penalties, and the government’s authority, noting wartime travel limits and past fraud concerns.
A collage of Broadway history musings and terms. It critiques Nora Bayes as an artist and cites her hit songs. The piece includes notes on smoking and bridge players and ends with a question about dates between birthdays and a wife named in St. Mary's Cemetery, Hamill, referencing months.
Washington notes the new pocket congressional directory features self submitted photos of all senators and representatives. The piece jokes that many lawmakers appear older or younger than their biographies, highlighting age perceptions and the humorous contrast between appearance and reality.
A reader outlines gaps in support for widows over 40 and their families. Beyond charity, they seek practical security and social life solutions as churches, ministers, and communities struggle to fill needs between charity and professional help.
Broadway stars Julie Andrews and Judy Garland figure in engagement and publishing talks while Fritz Weaver and James Jones books draw buzz. Burlesque workers seek pay, Alfred Vandervilt and Lee Carlson split headlines, and Jeanne Crain hopes for reconciliation. Paris previews, polio news, and Czardas excitement round out a busy column.
An odd musing in a calendar themed note claims divorces are less likely when birthdays are within 60 days. It also mentions the Pennsylvania Railroad as a long paying dividend stock since 1848 and Erasmus Hall High School as a large Brooklyn school with 5974 students and many film stars among its graduates. It concludes with a claim that Kuwait ruler Sheikh Abdullah al Salem earns over five million dollars weekly with no tax.
Oglesby Barnitz Bank & Trust named W. O. Barnitz president and trust officer, W. D. Oglesby vice president, Mark A. Thomas D. E. Harlan George E. Denny and Z. W. Ranck directors, R. S. Weatherwax cashier, Russell Jefferson assistant cashier, Edna Kaser assistant. Woodside Boulevard renamed Verity Parkway in honor of George M. Verity. Armco president Charles R. Hook cites 90 percent employee participation in the group insurance plan. Clinton Orr Ladies Auxiliary installed Harriet Erwin president Harriet Lamphier vice president Josephine Orr treasurer Emma Dugan secretary Ruth Stover guide Alma Chaplain Laura McChesney Edith Price color guards.
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