Most Firms Show Gains In Income
New York reports rising prosperity with four of five corporations posting higher after tax profits in the first half. A list of 574 firms shows 468 up, 7 per cent gain in net income to 4 413 284 796 from 5 3 275 716 241, and tax receipts expected to rise about 4 billion dollars. The period marks the steepest year to year gain since 1950 as the economy recovers from recession.
MENTIONED IN THIS ARTICLE
New York
Spain
Treasury
Ecoomic
Industry earnings rise as recession eases across sectors
Textile firms volume up 86 percent this year while railroads report 79 percent higher earnings and iron and steel groups rise 73 percent. Auto sector leads gains with 75 percent, other industries show solid advances though rail equipment declines 11 percent and aircraft up 6 percent due to defense cuts.
MENTIONED IN THIS ARTICLE
Iron and Steel Companies
Wanted Man Uncovered By TV Show
A CBS panel show outing led to arrest of James Marshall Showers 27 known as Jimmy Mitchell. He fled Detroit five weeks earlier to perform elephant duties in Arabian Nights at Jones Beach. FBI identified him after two viewers in Royal Oak Michigan called in. Showers had been sought since June 1954 on an Albany New York complaint.
MENTIONED IN THIS ARTICLE
New York
Royal
Oak
Mich
FBI
Detroit
James J. Kelly
James Marshall Showers
Jones ‘Beach State Park
Long Island
Showers
Jimmy Mitchell
Jones Beach
Kelly
Royal Oak
Albany
N.Y
Convertibile car theft case arraignment in Glens Falls
Bail set at 1500 dollars for Show accused of stealing a convertible car. Arraignment held before 8 in Glens Falls New York with details tied to a Brooklyn based line in U S com.
MENTIONED IN THIS ARTICLE
Royal Oak
Glens Falls
Kay
U.S
Brooklyn
Also Mentioned on This Page
Ace IN A
Niagara Mohawk
Niagara Mohawk Power Corporation
Niagara
Tgree Dee Ae Aa
Rte A NL
Eee Leu
S. Townsend St
Onondaga Heating
Plus Niagara Performance
Onondaga Heating Supply, Inc
Burt St
Col. Montgomery
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