Hopes for business pickup amid mixed 1958 outlook
WEEKLY BUSINESS AND INDUSTRY SUMMARY reports mixed signals from officials and analysts. Sinclair Weeks predicts a late summer pickup as production and jobs rise, while Myron Silbert cautions no recovery in sight. Lehman Bros. and Ameri can Gas & Electric executives voice optimism, while others warn of prolonged weakness. Unemployment edged down modestly, total employment near 62.9 million, with seasonal outdoor hiring contributing. Wall Street sees optimism with a 1958 high as government spending and lower rates boost sentiment. Corporate first quarter profits remain down but in line with expectations.
MENTIONED IN THIS ARTICLE
New York
Upi
Sinclair Weeks
Charles T. Broderick
Lehman Bros
Phillip Sporn
American Gas & Electric Co
Myron S. Silbert
Federated Department Stores Inc
Alan H. Temple
First Natonal City Bank of New York
H. L. Luedicke
Eisenhower
George Meany
Afl-Cio
Wall Street
Trend of Security Prices for Past Week Analyzed
Paul F. MacGREGOR and E. F. Hutton & Company study weekly price trends. They note a cautious market with pockets of improvement, anticipate resistance near 460 on the Dow, and see volume keeping pace with price. Government spending and steel production show positive signs amid mixed economic outlooks.
Pay Boost Plea Killed by Union
In Portland Oregon the International Woodworkers of America agreed to a contract without pay raises for 45000 members after a three hour talk. Management praised the offer and extended the contract to next spring with a Sept 16 meeting to discuss possible wage talks if conditions allow. Affected are 45000 woodworkers in Idaho Montana Oregon Washington and California.
MENTIONED IN THIS ARTICLE
Portland
Ore
Idaho
Montana
Oregon
Washington
California
City Police Aids Meet on Bombings
Mayors and police officials from 20 Southern cities met in Jacksonville to pool efforts on 47 racial bombings and attempted bombings since January last year. The session, attended by more than 100, aimed to identify patterns, propose a national security dynamite sale law, and create a central clearinghouse for coordinated investigations with the FBI.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
UPU
Miami
Birmingham
Ala
Nashville
Tenn
Ben West
Haydon Burns
Tacksonville
Congress
FBI
Burns
West
IFBI
Central Clearing House
Airplane Knocks Over Steer in Ohio Hit-Run Incident
In Columbus area a single engine plane swooped low and knocked a steer over during a grazing scene. Six witnesses reported the accident but could not read the plane’s license. The incident occurred near a home as five steers grazed, one was struck and flipped. Deputy Bob Connor noted details remain unclear.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Here
Bob Connor
One Dies as Bus and Auto Collide Near Peoria
An Arizona man was killed and nine injured when a Continental Trailways bus collided with an auto near Peoria, Arizona late Friday night. The driver of the auto was Leste Van Havner, 34, of Glendale, who died. A passenger, Mabel Cox, 34, also of Glendale, was seriously injured. Eight bus passengers suffered minor injuries. Names include Jackie Speagle, Linda De Haven, New Madrid De Haven, James Dawson, Evelyn Wallace, Adaline Pepples, Dorothy Austin, and an unnamed injured person.
MENTIONED IN THIS ARTICLE
Peoria
Ariz
Arizona
Continental Trailways
Killen
Leste van Havner
Glendale
Mabel Cox
Jackie Spee- Ag
Death Notices: Mahler Henry 73 and others
Death notices list Henry Mahler 73 with service at Fort Rosecrans and affiliations to VFW American Legion Fleet Reserve and WWI status. James H. Lawrence 91 with multiple survivors. Alvin W Payne 34 with wife and son. Donald D Brady 53 with wife Mercedes. Tsabelle Sutton 82 with husband Charles. Pearl L Greenlaw 205 Ximena Ave with service. Jessie Pattie Gillen 85 with son. Edward Daniel McGrann 69 veteran of WWI with Rosary and Mass. Helen Guertin 59 with family. Sadie Ellen Swan 85 with service in Tacoma. mortuary services by Mottell's & Peek and others.
MENTIONED IN THIS ARTICLE
Mahler
Henry
Imerly
Cedar Ave
St. Bartholomew's Catho
Veterans of Foreign Wars American Legion
Fleet Rejerve
Asia
Sophie. Lampe
Willie
Will
Rosecrans National’ Cemetery
San Diego
Brady
Donald D
Mercedes
Vera Brady
Mottell's & Peek Mortuary
3Rd St
Sutton
Tsabelle
Gillen
Jessie Pattee
Michael
Kalispell
Mont
Guertin
Helen i
E. Ocean Bird
Hisband
Merile K
Joseph
Bunnell
Helen
Ask Bi
Auk Bis
Agi Aberdeen
ManagFund
Ao ‘Aviation
AmBrishre
Orie
Raul AmMutl
Sanfrit
Surdanger iNorpels
London Ocean Line
Duncalleh
Theegori
Anc
Masainvir Agra
Aosg
SY H. Peaody
Baltimore Weyernarines Co
Coos Byy Axscience& el Do
Mantadon
Coos Ay As Bros
AxeTemCar
Mina
New ‘Ark BostonFd
Ze We Acoesan i
Aap
Miggan Frap
Uiont Line Co
el Segunco Brestlny
Towing
Rienfield O. Co
Richmond
Gard Nt
Mexico
Westfal
Larses
Fran ChemPund
Ten Nortanger Nor
Amer
San Fran
Colonlalid
Vai Prassient
Harrison
Serta
Jason Ship
Rad
Mar
Yokohame
NewEn
Fonngon
Hanoi Carsitning Ba Incker
Vatica United Frisca
Bay Armaelian Omeih
IpgFidBos
Stalin
Ray
Oakland Gompb&sp
Taya Mara
Newcastle Pac
Actel
Bret Way
Gon
Insti Mira Wis
Tas Gray Waal Consinore
Insutkor
Fiont /PRGY
Alea
Mey San Diego Oem
Avilar
Dera Gowinstk
InyCoamera al Aor Se
Sk Francisco Batons
Francés Do Bal
Eilanl Bis
Fornia
Antwerp
Soweatinvstis
Guayas
le Havre
Tne & T. Opundes
Havana
Lexington
Robe York
Anguilla
Stewie
Benson Plans First Russia Trip By Eisenhower Cabinet
Secretary of Agriculture Benson plans a July visit to the Soviet Union, the first trip to Russia by a U.S. cabinet officer. He accepted an invitation from Soviet agriculture minister Matskevich and aims to see Moscow and major agricultural centers, with potential other European stops.
MENTIONED IN THIS ARTICLE
Washington
Benson
Russia
Eisenhower
Vmatskevich
Matskevich
United States
Bengon
Soviet Union
Menshikov
Moscow
State Department
U. S
Nathan Twining
Joint Chiefs of Staff
Air Force
Stat
Greyhound and Union Agree Two Year Pact
Western Greyhound Lines and the Amalgamated Motor Coach Employes Union announce a two year contract. The pact covers 6,001 drivers station staff and office workers across Western states awaiting union ratification by May 20. The package reportedly raises annual labor costs by more than 64 million dollars with details pending ratification.
MENTIONED IN THIS ARTICLE
SAN Franciscp
Western Greyhound Lines
Amalgamated Motor Coach Employes Union
Greyhound
Morehhan
Argentina Bans All Imports By Frondizi Edit
President Arturo Frondizi bans imports to conserve scarce foreign currency. The move aims to shield the economy from running dry on exchange by year end, though a temporary lift may be needed for fuel and raw materials. Inflation and labor unrest compound the nation’s crisis.
MENTIONED IN THIS ARTICLE
Buenos. Aires
Arturo Frondizi
Argentina
Frondizi
Parakeet Talks Way Back Home
A wandering parakeet named Chipper Damico returned to his home in Kensington Conn after landing on the shoulder of three year old Jackie Ryan and proudly announcing his identity in the tone his owner taught him. The tale confirms the bird’s clever arrival back to 100 Kensington Road Kensington Conn.
MENTIONED IN THIS ARTICLE
Kensington
Conn
Chipper
Jackie Ryan
Chipper Damico
Kensington Rtd
Nina Damico
Separated by War Twins plan reunion in U S
Twin sisters Sophie Sauer and Alexandra Wegner, long separated since 1943 when Sophie fled Poland ahead of the Red Army, learned of each other through a chain of notices and a sister in the United States. Sophie, living in Miami, planned to fund a reunion by selling her airplane, while Alexandra, a Salt Lake City waitress, works amid her husband pursuing a doctorate.
MENTIONED IN THIS ARTICLE
Salt Lake City
Poland
Alexander
Agah) Wegner
Sophie
Za Za) Sauer
Miami
Warsaw
Alexandra
United States
San Francisco News
Sopakc
United Press
FWO
Hialeah
Svin
Europe
Wart Institute
Chicago
Getling
Hart Wegner
Ttwo
Wegner
Vienna
Alexandra T
Nation’s Catholic Mother of the Year Named in McMinnville
Mrs Len Stupfel of McMinnville Oregon is honored as National Catholic Mother of the Year. Born in England she runs a 200 acre farm and raises eight children with family focus. Two sons and two daughters are in religious work. another son is a physician. one is an engineer and another a dental student. The award comes from the Family Life Bureau of the National Catholic Welfare Conference in Washington DC.
MENTIONED IN THIS ARTICLE
Mcminnville. Ore
Len Stupfel
Stupel
England
Oregon
Family Life Bureau
National Catholic Welfare Con
Washington, D.C
Netherlands Prince Begins Canada Visit
Prince Bernhard of the Netherlands arrives in Ottawa to start an official tour of Canada and the United States. He is met by Gov General Vincent Massey Agriculture Minister Douglas Hariniss and members of the diplomatic corps.
Postal display with misread address and rates
Publication line shows misread postal details for Lone Beso and Lone Beach including per month and per year rates, implying an old mailing or circulation notice. The fragment notes a post office, audit bureau, and delivery terms with scattered numbers 85 209 2100.
MENTIONED IN THIS ARTICLE
Lone Beso
Cail
Der
Pine Ave
Lone Beach
Circula Lon
Carer Dalivery
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Walter Breede JR
Paul F. Macgregor
E. F. Hutton & Company
Senouga
Carrol M.shanks
Prusential Insurance Co
Ind. friMean
H. D. LA Chapelle
Paine, Wabar, Jackson & Curis
Dow
Uy Dun Jly
Dow-Jones
Sonverete
Jones
Smith
National Homes Corp
Meany
Ieee
Lniversal Aera Ganetual Y
Ghaesine
Mavi
Oessles
Prancia'a
Meccast
Clifford P. Dibbetin
Donald G. Munson
Cronade
Mtg
Ware Lance
Aonwsit
Ste "Ith
Gero Bernard
Archivo
Sanseroot
Brayton
James Merritt
Dor Et
Boston
New England
Sandra Fallon
Charlestown
Bunker Hill Monument
Sandra
Bunker St
Paul R. Dailey
Dailey
Richard Fallon
Sandra ‘Fallon
Lawrence
James H
Fastendale St
E. L
C. Av
Etheleen Dissler
Mae. Treadwell
Ernest
Carrie Nice
Sarah Ishmeal
Greenlaw—Pearl L
Ximena Ave
Union OK
Sophie Sauer
Netherlands
Prince
Canada
Manning's Coffee Cafe
Long Beach