Wall Street hits three billion stock slide.
Merrill Lynch partner Winthrop H. Smith testified before the Senate Banking Committee that the 13 month boom stems from public confidence in America's future. He cited cautious sentiment after yesterday's New York Stock Exchange fall and noted factors like tax reforms and resilient economy shaping stock prices.
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Washington
Wall Street
Winthrop H. Smith
Merrill Lynch
P‘erce
Fenner & Beane
America
Senate Banking Committee
New York
Smith
Harvard
John K. Galbraith
Galbraith
Fulbright
D-Ark
Ted
Excessive Drinkers in Dixie Surpass Some States
University of Florida sociologist Dr. John M. MacLachlan reported at the Florida Conference on a United Program for Beverage Alcohol and Narcotics that Florida has an estimated 91 000 to 94 000 excessive drinkers, ahead of many Southern states but far below California, the Midwest and New England. He warned tests are slow and that those with high levels show low expression.
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Gainesville
Southern
California
Midwest
New England
University of Florida
John M. MacLachlan
Florida Conference On A United Program For Beverage Alcohol and Narcotics Nion
Late Stocks Quotations Furnished By A M Kidder Co
A. M. Kidder & Co provides late stock quotations featuring price levels for major securities. Investors review fresh pricing data and market movements reflected, with emphasis on leading issues and notable shifts.
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A. M. Kidder & Co
100th Million Freedom Leaflet Circles Iron Curtain
The Crusade for Freedom program marked its 100 millionth balloon borne anti Communist leaflet over the Iron Curtain. The event occurred in Munich Germany with American sponsorship driving the effort.
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Freedom
Iron Curtain
Munich
Germany
Crusade For Freedom
Volcanoes Watched in Hawaii as Lava Warnings Persist
In Hawaii, authorities kept a 24 hour watch on eruptive activity near Puna as weeklong quakes diminished. Red Cross workers aided residents returning home only when deemed safe, while lava flows destroyed cane fields and forest lands valued at about $3.2 million.
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Pahoa
Hawaii
Gordon A. MacDonald
East Wall
Donald
Shrimp Boat Sailor Down In Heavy Seas East of Tortugas
Captain David Cooper of Fort Lauderdale reported that crewman Fred Fix was washed overboard from the shrimp boat Helen Cooper in heavy weather east of the Tortugas yesterday and presumably drowned. He said a lifebuoy was thrown but Fix could not reach it as a swell knocked him overboard. Only two men were aboard at the time.
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Helen Cooper
David Cooper
Fort Lauderdale
Fred Fix
Cooper
Fix
Italy Senate Free-for-All Over Bonn Arms Debate
A chaotic Senate session in Rome erupted over Pacis treaty rearmament. Sen Sereni and Sen Messe clashed as factions shouted, several lawmakers rushed the chamber center, and the session was suspended amid disorder.
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Italy
Senate
Bonn
Rome
Red
Io Sereni
Gioynani
Esse
Mario
Stelba
Democrat Party
Sereni
Rooming House Fire Kills Three In California
Fire in a rooming house in Rafael California killed three people and injured eight early today. The building housed about 35 residents. Robert Lindell 18 reported the blaze after arriving from New York and alerted others including a baby carried by a resident.
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San: Rafael
Calif
Robert Lindell
York
Pune Ane der
Senearin Decoals
Bradenton Drops Milk Ordinance Amid Health Service Debate
The Bradenton council votes to discard a strict milk safety rule set under a federal health service program. Sarasota officials warn the move may affect regional health enforcement as Jacksonville and Miami keep higher bacterial standards.
Wind Blazes through 30000 Acres in North Florida Forests
A wild fire roared across more than 30000 acres in south Madison and Taylor Counties near Perry, burning into San Pedro Bay swamp. The U S Forest Service reported containment improving as winds eased and crews worked at the Shady Grove area and along nearby roadways. Authorities warned of lingering hotspots and urged residents to stay alert for flare ups.
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Tallahasseese
Berry
Forest Service
Uitte
Shady Grove
Perth
Taylor County
Ee Vanesopers
Eisenhower Cancels News Conference For Cold
President Eisenhower, sidelined by a cold, agreed to meet a group of Republican women at an 8:00 breakfast in Washington. He attended the breakfast despite sniffles and slight symptoms, continuing his schedule with the GOP women as planned for the day.
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Washington
Eisenhower
Jef
Hiapt Baa
Cer Ular Pete
Pallea
Fire Kills Four Old Men Downtown, Early Report
A downtown blaze claimed the lives of four elderly men. Firefighters faced a steep battle to control the flames as authorities began investigations into the origin and possible safety failures at the site.
Dulles Warns of Red Showdown Over Formosa Pace
Secretary Dulles warned of a possible military clash with Communist China if Southeast Asian allies fail to use greater force when needed. He spoke after trips including Formosa and Bangkok, pledging continued arms aid and cooperation to bolster economic conditions while counting subversion as the region’s top danger.
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Mmunijst
China
Dulles
Southeast Asian Alliance
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Thailand
Formosa
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Southeast Asia
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Royal val
Royal confidant says Princess Margaret plans to marry divorced RAF officer Townsend. Reports suggest she may renounce succession rights to ease the match, while Townsend signals there is no statement yet. Public reaction and church views loom as rumors swirl about a high profile royal romance.
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RAF
Peter Townsend
Aéf
Townsend
Infornant
Tates
Womains Pop
England
ickingham—Palace
Edward VIII
Wallis Simpson
Margaret Townsend
London
Daily Mirror
Brussels
Church of England
SRD Avoids Gas Tax Tiff
Florida cities and counties clash over secondary gasoline tax funds as the State Department stays out of the dispute. The Florida League of Municipalities proposes redirecting about 80 percent of the seventh cent of the gasoline tax currently reserved for state roads to counties.
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Tallahasser
Wilbur EB. Jones
State Department
Florida
Florida League of Municipalities
Winter Not Gone Winter Not Gone
The report notes a trace of wintry weather in the Northeast and northern borders while most of the nation enjoys springlike warmth. Temperatures reach the 40s in the Central Plains and Ohio Valley, 50s in Texas Missouri and along the southern border, with 40s upriver and 50s in the Rockies. Maine and northern Maine see near zero, and a freezing line stretches from southern New England through the Great Lakes to Minnesota and North Dakota. Light precipitation and a 39 degree reading in Tallahassee accompany scattered light snow in New York and Pennsylvania.
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Ohio Valley
Central Plains
Montana
South
Ota
Texas
Missouri
Pacific Coast
Rocky Mountain
Maine
New England
Pen
1Lvania
Great Lakes
Minnesota
North Dakota
Tallahassee
Fla
New York State
Pennsylvania
Ohio River flood hits four states with crest near Portsmouth
A March flood damages homes and businesses from Ohio to Kentucky and West Virginia as the Ohio River crested near 60.6 feet at Portsmouth and moved toward Manchester, Ohio. Rescue crews evacuated over 1,000 families and nearly 400 businesses as the crest approached Cincinnati and Hamilton County.
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Manchester
Ohi
State Highway Patrol
Cincinnati
Portsmouth
Ohio Highway Patrol
Pomeroy
Meigs County
Hamilton County
Weatheren
Cea
Uae
Ohio
March Lamb and Beach Weather Forecast Update
Sarasota reports fair weather through tomorrow with slight warmth tonight and tomorrow. Florida east coast to west, coastal skies mostly clear with rising temps 70s, lows 40s to 60s. Marine forecast from Jacksonville to Florida Straits shows northeast to east winds becoming southeast, with occasional showers in straits tonight and Thursday. Readings note temperatures around 74, no rainfall in past day, and a reminder to check Herb Stolander's fishing column for tides.
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Minnie Mermaid
Sarasota
Florida
Jacksonville
Florida Straits
East Gulf
Straits
Free Tickets Offered In Classifieds At The News
Readers are urged to check the classified columns in The News daily for their name and claim a free ticket. Visit the News office at 1045 N Lime Ave to receive the ticket.
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