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Newspaper
Redlands Daily Facts
Location
Redlands, California, United States of America
Date
Jun 17, 1954
Page
2
New York stocks hesitated as averages neared the best levels since 1930 with small gains in leading sections amid profit taking. The rail average rose to its best since January 30, 1953, with only a few cents needed for a new high. sales declined and metal shares showed strength.
The report shows mixed trading with oils dropping up to 24 pots in Seaboard amid fears of price cuts while Bethlehem led the steel declines. Motors were steady with small gains for Studebaker, and Dow Jones composites varied as 30 industrials fell 0.07 to 327.21, 20 railroads rose 0.461 to 112.20, 15 utilities gained 0.20 to 58.15, and 65 stocks up 0.19 to 123.06. Trading volume reached 1.81 million shares.
A federal jury convicted Rafael Cancel Miranda Andres Figueroa Cordero and Irving Flores Rodriguez of shooting with intent to kill during the March 1 attack on the U S House of Representatives. Lolita Lebron was not yet convicted in this phase and awaits a verdict. The defendants face lengthy prison terms for assault with a deadly weapon and related counts.
Grayback Council announces summer camp at Camp Palaris in Barton Flats starting July 12 with six days of scouting adventure. Open to all ranks for a $12 total cost, $5 initial fee by July 1. bus departs July 12 from Scout Headquarters for the six day program led by Severn M. Hansen with Col. Joseph Parill and David Sullians assisting.
University of Maine student Donald L. McAlister of Norway Me has been awarded an eight week summer study scholarship at the University of Oslo in Norway.
The Senate subcommittee scene features McCarthy accusing Democrats of goading Stevens while clashing with Symington over subpoenas and letters. Jackson cites McCarthy’s attack on the Eisenhower administration as proof of partisanship, and Wetch and St Clair press for questions. The session, focused on loyalty boards and royalties, continues amid sharp exchanges and no sign of resolution today.
The American Red Cross adopted a resolution honoring French Air Force nurse Lt. Genevieve de Galard Terraube, heroine of Dien Bien Phu, and urged the International Red Cross to award her the Florence Nightingale Medal.
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