Fireworks Foreseen in Labor Contract Talks
The uneasy labor scene today hints at fireworks as major contract negotiations loom across steel, rubber, telephone, electrical manufacturing, and maritime trades. Observers cite pay restraint, featherbedding battles, and rising arbitration use as unions and employers brace for potential disputes, with long-term deals showing mixed gains. Next installments will examine security concerns shaping the frame.
MENTIONED IN THIS ARTICLE
Norman Walker
Associated Press
United
Stunt Man Bravely Tries Rescue After Boat Sinks
Santa Monica California A Hollywood stunt man Paul Stader 43 swam 10 miles through rough Catalina Channel to seek help for two friends after their 18 foot boat Tinker Toy IV sank Saturday afternoon Hugo Walters 31 and Don McGuire of LA were aboard Stader tied cushions for a lifeline and swam free when the others could not continue Coast Guard air and sea search found only water skis and a boat cushion near Emerald Bay Catalina Island
MENTIONED IN THIS ARTICLE
Santa Monica
Calif
Hollywood
Catalina Channel
Paul Stader
Hugo Walters
Don McGuire
Los Angeles
Stader
Walters
McGuire
Statler
Bond Market Shaping Prices Across Utilities and Loans
In a plain talk on bonds, the piece explains how bond market shifts ripple into household utilities, mortgage lending, and consumer rates. It distinguishes bonds from savings notes, notes the role of marketable securities, corporate, state and foreign bonds, and highlights how Treasury issues serve as rate barometers.
MENTIONED IN THIS ARTICLE
New York
U.S
Uncle Sam
Treasury
U. S
Officers Fear Result It Southwest Attacked
ALBUQUERQUE Radar blind spots and limited top radar coverage threaten air defense across New Mexico and adjacent states. Officers warn about sabotage risk to linked communication nets and a small number of ready jets. Mexico remains a high risk blind side for radar protection and alert.
MENTIONED IN THIS ARTICLE
Albuquerque
Southwest
Associated Press
Mexico
United States
Air
New Mexico
Colorado
Utah
Arizona
Texas
Tucson
Los Alamos Scientific Laboratory
Sandia
Colorado Plateau
Canada
Africans Build School For Whites In Moshi Tanganyika
The Chagga tribe on Mount Kilimanjaro slopes builds a new commercial school at Moshi center open to whites and Indians alike. Funded by the Kilimanjaro Native Cooperative Union profits, the 100-student facility follows a 4 story community complex previously built for all races. Teachers will come from England as the cooperative marks another milestone in black enterprise.
MENTIONED IN THIS ARTICLE
Moshi
Tanganyika
Mt. Kilimanjaro
Africa
Kilimanjaro Co-Op Group
Co-Op
England
Love Will Find a Way in Atlanta
Marvin Fat Samples, a parking lot attendant, weighed 307 pounds when he fell in love with Maxine a brunette who initially resisted. He slimmed to 180 in eight months on a steak and tomatoes diet and black coffee, then continued to 170. He wore 58 pants, then 32, and 20 shirts down to 15. He used rope climbs and gym work on a grease rack to tighten sagging skin.
MENTIONED IN THIS ARTICLE
Atlanta
Marvin
Samples
Maxine
Oppenheimer Loses Another AEC Round
The New York Times reports Maj. Gen. Kenneth D. Nichols has drafted a recommendation for the Atomic Energy Commission. It supports the Gray board finding that Dr. J. Robert Oppenheimer is loyal but should not be retained as a consultant, marking another setback in his drive to regain government service.
MENTIONED IN THIS ARTICLE
New York
New York Times
Kenneth D. Nichols
Atomic Energy Commission
Oppenheimer
Gray Board
J. Robert Oppenheimer
Commission
Washington
the Times
James Reston
Government bonds set the standard for borrowing costs
The article argues that municipal and corporate debt must offer larger discounts as risks rise, with government bonds being the safest due to state resources backing them. It notes May 1953 when the Treasury paid 3% interest to issue 30 year bonds, illustrating higher borrowing costs for others.
MENTIONED IN THIS ARTICLE
Treasury
Aggression Line Needed by World
Admiral Robert J. Carney argued for a line beyond which the free world must not permit further Communist aggression. He warned every Soviet gain increases their potential and costs the Allies. He suggested sea blockade could play an important role in Southeast Asia, though it might not be central to any broader effort in Indochina, noting it would close ratholes.
MENTIONED IN THIS ARTICLE
Washington
Robert J. Carney
Free World
Southeast Asia
Indochina
Fast eerth denture powder offers secure fit
Many wear false teeth with little worry as FASTEE powder keeps plates firmer and more comfortable. It has no gummy or pasty taste, does not cause nausea, and is alkaline to reduce denture odor. Available at drug counters.
Also Mentioned on This Page
John L. Lewis
Federal Mediation and Conciliation Service
Eisenhower
James P. Mitchell
AEC
OLD Quaker Distilling CO
Lawrenceburg
Ind
Ady
Florsheim
H&am Family Shoe Store
Neville Street
Beckley
Westinghouse
Superior Sterling CO
Bluefield
Piecindit
Lexington
Louisville St. Louis
Kansas City
Richmond
Norfolk
Virginia Beach
Cincinnati
Huntington-Ashland
Roanoke
Piedmont Airlines
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