Investment clubs fuel rising stock ownership and broad participation
A 1952 NYSE survey counted 6.5 million stockholders rising to 2.1 million more by 1956 and a shrewd estimate puts total U S stockholders near 10 million. Investment clubs, dating back over 50 years, now number about 3 224 with some 45 000 members and a forecast of a million members, as small groups pool monthly sums to buy securities and many members later buy stocks on their own.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
U. S
National Association of Investment Clubs
Thomas E. O'Hara
N.A.L.C
the Exchange
Life and Fire and Casualty
Mutual Savings Banks
Securities Exchange Act
Investment Company Act
Securities Exchange Commission
N.A.10
Detroit
Stock Exchange
Investment
O’hara
Military Men In News At Home And Overseas
Peggy Kessinger reports on Beckley area servicemen and others in Army signals and infantry training. George Pete Groseclose returns from 18 months at Camp Zama Japan to Marshall College while Milton Crews attends West Virginia University after Japan service. Darrell Lilly and Jack Furrow head to Fort Jackson for infantry basics. Pfc Lewis D. Deeds participates in Formosa landings with the Third Marine Division. Pvt Ronnie Lusk completes an eight week teletype course at Fort Gordon.
MENTIONED IN THIS ARTICLE
United States Army Signal Corps
George Pete Groseclose
Bailey Groseclose
Johnstown Road
Beckley
Marshall College
Camp Zama
Japan
United States
Milton Crews
T. M. Crews
South Kanawha
West Virginia University
Signal Corps
Fort Gordon
San Francisco
Fort Jackson
S. C
Pvt
Darrell G, Lilly
Jack D. Furrow
Army
Southeastern Signal School
Ronnie L. Lusk
Janice
Jefferson St
Gray Lumber Co
Crab Orchard
D. C
Noah Lusk
Klaus St
Akhen-Aton Puzzle Fascinates Egyptologists, Relman Morin
Hal Boyle travels with RELMAN MORIN through Egypt as archaeologists plan to reassemble thousands of Akhen-Aton temple fragments. The project probes monotheism’s origins and its possible link to Hebrew beliefs, while noting Akhen-Aton’s contested place in history and art reform.
MENTIONED IN THIS ARTICLE
Relman Morin
Associated Press
Akhen - Aton
Egypt
Nefertiti
Ammon
Aton
Karnak
Dulles Signals Possible Far East Negotiated De-Escalation
Secretary Dulles condemned indecision in the Far East crisis while implying the United States could face a Soviet initiative. He suggested a peaceful solution might be possible if the Soviet Union wished, and outlined flexible options that could avoid forced outcomes while resisting Communist gains on the offshore islands.
MENTIONED IN THIS ARTICLE
Dulles
Far East
New York
Soviet Union
America
Alles
United States
U.S
Chiang Kai-shek
Asia
U. S
Big Ben and its history explained for junior editors
A short reader quiz explains that Big Ben is the 13 ton bell in the clock tower of the British Parliament in London. It was installed in 1858, named after Sir Benjamin Hall, and is a major London tourist attraction.
MENTIONED IN THIS ARTICLE
Big Ben
London
Benjamin Hill
Thames River
Wig Ben
Parliament Building
Rosemary Klein
Linthicum Heights
Beckley
Washington's Savings Drive Shrinks Payrolls Across Agencies
Washington reports a federal cost-cutting push in response to inflation fears. The Budget Bureau, acting on President Eisenhower's orders, requests a two percent payroll reduction for the current fiscal year by not filling vacancies, while departments should absorb recent pay increases through efficiency. The move targets a record peacetime deficit exceeding 12 billion dollars, fueling inflation pressures across prices, wages, and stock quotes. Additional items discuss strategic views of the Quemoy crisis and a weather-related note on cricket chirps signaling outdoor temperatures.
MENTIONED IN THIS ARTICLE
Budget Bureau
Eisenhower
Earl Wilson Drifts Through A Night Of TV Stars And Gossip
Jackie Gleason and Toots Shor argued over wealth at a party for Gleason's TV debut. Ed Sullivan jokes, Phil Silvers jokes, Abbe Lane trophy, Elvis Parker in Hollywood, and Ted Williams temper fodder fill a night of showbiz chatter and light satire from The Midnight Earl column with many names and quick flashes of past and future shows.
MENTIONED IN THIS ARTICLE
New York
Jackie Gleason
Toots Shor
Jackie
Toots
Friars Club
Ed Sullivan
Phil Silvers
Kid
Abbe Lane
Steve Allen
State
Gina Lollobrighia
Spain
Maureen O'Hara
Wilshire Ebell
Los Angeles
Maureen Fitzsimmons
Taffy Tuttle
Earle Wilson
Champaign
Earl
Dorothy Collins
London
Joan Fontaine
Ted Williams
Factory boss cites vast number of small firms in economy
The American Can Co president says there are over 4,300,000 business enterprises in the country and that only about one in a thousand employs 1,000 people or more. Nearby, bridge construction updates note Piney River at Dugout to be spanned by a 102 foot steel structure on stone abutments, with A C Romine winning the Paint Creek project.
MENTIONED IN THIS ARTICLE
March of Dimes
American Airlines
Detroit Miiropolitan
Detroit
Farmers Anti-Automobile League
League
Ohio
S. Durward Hoag
Marietta Hotelier
Donna Reed
Ted Heath
Duke Ellington
Heath
Carnegie Hall
Roz Russell
Mel Tormes
Joe DiMaggio
Dorothy Arnold
Ben Stern
Jean Suits
Roney Plaza
Mgr
Miami
Eden Rock
Tony Perkins
Hinev
S. S
Atlantic
Bob Hope
Crosby
Cary Grant
Marlene Dietrich
Lisa Kirk
Mort Sahl
Bermuda Schwartz
Helmut Danzines
Nick Schenck
Dtr
Matti Stevens
Las Vegas
Mark McDonald
Harry Kark
Rhonda Fleming
Sherry Britton
Earl
Toney Pettite
Larry Storch
American Can Co
Raleigh Register
John Andrew Meador
Almeda Meador
Floyd F. Crites
Bertie Farley
George McClung
Rebecca Evans
George Busoo
Mary Totts
J. Magruder
Mary Casey
Joe Brown
Lula Gordon
Henry McQuade
Theresa Malone
Piney River
Dugout
Paint Creek
A. C. Romine
Also Mentioned on This Page
Brahama
Victor Hugo
Clubby Investors
National Foundation
National Foundation For
Peggy Kessinger
Vaaleigh & Register
Beckles Newspapers Corporation
Prince St
Beckiey
W. Va
Hinton
McQuad
Managang
Alh
AP News
Brooks & Finley, Inc
Philadelphia
Chicago
Del
Boston
Cleveland
Atlanta
West Virgina
Beckiey Wasganes Corporation
G. Lilly Jr
D. Furrow
Third Battalion
East Training Regiment
Pvt. Lilly
Opal Lilly
Furrow
R.M. Furrow
Formosa
Third Marine Division
Pfc
Lewis D. Deeds
Carl M. Deeds
Weaver
Delores T. McMihan
Leetsdale
Hal Boyle
Akhen-Aton
Moses
Akhen-Aron
Ammon- Ra
Thebes
Am‘arna
William L. Ryan
Chiang
Washington
Strate Department
Moscow
Middle East
Pelping
Earl Wilson
Gleason
Teddy's
Ted Lewis
Bert Wheeler
Elvis Presley
Tom Parker
Hollywood
Elvis
Dick Shawn
Latin Quarter
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