Senate Banking Committee Opens Stock Market Inquiry
The Senate Banking Committee began a full scale inquiry into the stock market with witnesses noting the 18 month boom reflects a sound economy and hopeful future. G Keith Funston of the New York Stock Exchange urged calm, while Fulbright described the study's purpose to see how policy changes affect market behavior.
MENTIONED IN THIS ARTICLE
Washington
Senate : Banking Committee
Keith Funston
New York Stock Exchange
Funston
Wall
Fulbright
Senator Capehart
Ind
Committee
Fires Strikes Coastal Cities and Manchester Block
Fires raged across Boston San Francisco and Manchester in a three city series. Fire crews battled a 500 foot Indian Wharf blaze in Boston for hours with no injuries and about 1000000 in damage. In Manchester a three building block burned twelve hours with one million dollars in damage and no serious injuries. Colorado City oil well pipe failure injured twelve workers with over a million dollars in losses. Red Adair shut off the oil flow ending the blaze. Authorities investigated arson for the Indian Wharf fire.
MENTIONED IN THIS ARTICLE
Boston
San Francisco
Manchester
N. H
Navy
Coast
San Francisco Bay
Colorado City
Tex
Red Adair
Houston
AEC weighs timing of 1955 nuclear test detonation
In Las Vegas AEC scientists meet to decide if the predawn pig shot will occur as planned at the 1955 test series. Wind conditions and delays prompt multiple postponements for the off again on again detonation atop a 400 foot tower.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
Atomic Energy Commission
AEC
Fire crews extinguish minor blaze in abandoned house
Report from Cumberland indicates firemen extinguished a small fire in an abandoned house yesterday. A din d had carried a lighted cigarette butt to fishing area setting it afire. Damage was negligible.
MENTIONED IN THIS ARTICLE
Cumberland
President Eisenhower fuels tariff debate in Swiss watch case
Sylvia Porter notes on today’s editorial page that Eisenhower’s tariff policy on Swiss watches sparks industry outcry. The feature highlights the heated reaction and links to related sections on Talk It Over, editorials, and other society and financial notes.
MENTIONED IN THIS ARTICLE
Eisenhower
Sylvia Porter
Stolen Truck Driver Kidnapped After Ham Load Worth 30500
A truck carrying 30500 dollars in canned ham was reported stolen in New York. Driver Terrence Moriarty from Astoria Queens said he was kidnapped and held during a two hour ride before the vehicle disappeared.
MENTIONED IN THIS ARTICLE
York
Terrence Moriarty
Astoria
Queens
Senate debate over 1956 tax cut faces uncertain fate
Washington reports preliminary tallies show the Senate likely to reject the House approved income tax cut for 1956. Senate Democrats are divided with 8 to 12 expected defections, while President Eisenhower fights the plan. Debate may start midweek as administration aims to link the measure to broader rate reductions due April 1.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Eisenhower
Sleeping Man Dies as House Burns in Niagara Falls
Neagara Falls police report a man about 40 perished when a fire tore through a two story front rooming house in downtown. He was overcome while sleeping in a second floor room. damage is estimated at $9,000.
MENTIONED IN THIS ARTICLE
Neagara Falls
Jacob O' Luce
Luce
Churchill Warns Britain May Face Immediate H Bomb Retaliation
Churchill told Parliament that United States planes based in Britain could strike in response to a hydrogen bomb attack without prior consultation. Labor critics pressed for a joint decision on use of American air bases, as Aneurin Bevan challenges Attlee in a party leadership bid.
MENTIONED IN THIS ARTICLE
London
Churchill
United
House of Commons
Laborites
Eisenhower
Eng
Britain
Robinson
U.S.A
Clement Attlee
Aneurin Bevan
Attlee
U S to Scrap Korean Truce Police Commission
The United States notified Sweden and Switzerland it agrees with their plan to abolish the Neutral Nations Supervisory Commission. Washington said the UNSC could be curtailed if abolition fails, despite Chinese opposition. The commission includes Switzerland Sweden Poland and Czechoslovakia and has faced arms control violations by North Korea and China.
MENTIONED IN THIS ARTICLE
Washington
United States
Sweden
Switzerland
State Department
U. S
China
Neutral Nations Supervisior Commission
UNSC
Europe
Poland
Czechoslovakia
Korea
North Korea
Tombstone Tribute Turns Sour in Quick Retort
A lighthearted quip notes that even a tombstone may praise a fallen rival in defeat, prompting a chuckle about humble sportsmanship and sharp comebacks in a humorous column.
Nautilus Sets Out On New Tests From Groton Dock
Nautilus sails from Groton Connecticut for new tests of an undisclosed nature. Atlantic Submarine Force HQ says tests will occur in and around Long Island Sound. Sub will return tomorrow after recent deep dive tests off the New England coast went as scheduled despite bad weather.
MENTIONED IN THIS ARTICLE
Groton
Conn
Atlantic Submarine Force Headquarters
Long Island Sound
Navy
New England
No. 1 for No. 1 Denver fishing license 1933
A 1933 Colorado issue records Dwight D. Eisenhower holding the state's No. 1 fishing license. The gold-embossed leather license bore his name with a $10 resident fee paid to state game and fish director Tom Kimball.
MENTIONED IN THIS ARTICLE
Denver
Colorado
Dwight David Eisenhower
Tom Kimball
Air Reserve Center Planned at Hancock Field
The Air Force will build a 450000 Air Reserve training center on government land at Hancock Field. The move ends negotiations with the county Park Board over the Electronics Parkway site and delays plans to share a training center with the Army Reserve. Col Thomas Shallcross says the three acre tract on Town Line Road opposite the Air National Guard entrance will host classrooms, with construction expected to begin soon and aims to move in early summer 1956.
MENTIONED IN THIS ARTICLE
AIR Force
Air Reserve
Hancock Field
Herald- Journal
County Park Board
Electronics Privy
Army Reserve
Thomas Shallcross
Air Reserve Group
Town Line Rd
Air National Guard
Air Force Center
Colt Shallcross
Haficock Field
Electronics Okwy
Pleasant Weather Amid Incoming Kansas Storm Drifts East
A strong storm over Kansas shifted northeast toward Syracuse tonight bringing snow. After the system passes, Alexander Sadowski, assistant U S weather man at Hancock Field, forecast warmer air lifting temperatures to about 47 degrees tomorrow. Tonight's low near 30 with light snow turning to rain by morning.
MENTIONED IN THIS ARTICLE
Kansas
Syracuse
Alexander Sadowski
U. S
Hancock Field
Sadowski
US Plane Crashes 57 Escape Death at Keflavik Airport
A four engined MATS plane crashed while landing at Keflavik Airport in Iceland at 1 55 JAM today. The Air Force reported no fatalities among nine crewmen and 48 passengers. Crew roster and passenger manifest were not available immediately.
MENTIONED IN THIS ARTICLE
Westover Air Force, Base
Mass
Military Air Transport Service
MATS
Keflavik
Iceland
Air Force
Bandit Scolds Staff Then Flees With 739 Dollars
A bandit waited for a life insurance office to open and robbed it after scolding employees for being 55 minutes late. He escaped with 739 dollars.
MENTIONED IN THIS ARTICLE
UPI
Ex Pawn Wars Officer Gets Two Years For Helping Enemy
Ex PW William Hirsch aged 40 was sentenced to two years confinement at hard labor and dishonorable discharge by a court martial at Fort Bragg North Carolina. He faces forfeiture of all pay and allowances after conviction for collaborating with the enemy while a prisoner during Korea service.
MENTIONED IN THIS ARTICLE
FT. Bragg
N.C
William Hirsch
Korea
Olson
Farewell Mass as Soviet expulsions loom for American priest
In Moscow the American priest Father Georges Bissonnette bade his congregation farewell during Mass as Soviet authorities ordered his expulsion. The Assumptionist order plans to replace him with Father Louis E. Dion of Worcester Massachusetts. Police informed Bissonnette that his passport would be lifted and he must leave, ending the only foreign Roman Catholic priest’s service in Russia.
MENTIONED IN THIS ARTICLE
Moscow
Ais
Union
Georges _Bissonnette
Central
Falls
R. L
Russia
United States
Louis E. Dion
Father Dion
Assumption College
Worcester
Mass
Father Bissonnette
Egyptian Army vows retaliation after Gaza clash
Egyptian Premier Gamel Abdel Nasser told students the army will retaliate by force if Israel attacks again. He spoke after 36 Egyptian soldiers and two civilians died during clashes near Gaza, while UN ally Burns urged protection for UN personnel and reported rioting in refugee camps. The UN Security Council planned an urgent session in New York.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Gamel Abdel Nasser
Israel
Gaza
Palestine
United Nations
E. M. Burns
Mixed Armistice Commission
Burns
UN Security Council
New York
Imaginative arsonist in Tokyo jailed for house fire
Kanekichi Hashimoto a 55 year old welder in Tokyo was held on arson charges after a self devised fire set to burn his house for insurance. He rigged a cat bait fishing cord to a gasoline fed heater and a soap box ignition device.
MENTIONED IN THIS ARTICLE
Tokyo
Kanekichi Hashimoto
Hashimoto
Dulles Presses Formosa Pact While Keeps Quemoy Matsus Link
Secretary of State Dulles outlined a line for Asian defense tied to Formosa and the Pescadores with Quemoy and the Matsus on the bargaining table for peace. He pledged U.S. help to defend Formosa and the Pescadores and to deter war in Asia, barring abandonment of the islands unless a broader peace could be guaranteed. He signed the U S Nationalist China mutual defense pact and met Chiang Kai-shek during his Bangkok visit.
MENTIONED IN THIS ARTICLE
Taipei
Formosa
Dulles
Pescadores
Chiang Kai-shek
China
Quemoy
Matsus
Aids
U. S
United States
Asia
Red
Washington
Thailand
Burma
Laos
Cambodia
South Vietnam
Philippines
Bangkok
U.S
Freight Wreck Blocks Tracks Near Lyons
Three of four mainline tracks of the New York Central Railroad were blocked today when three cars of a westbound freight train derailed. Officials said the cause was not yet determined and expected clearance this afternoon. No personal injuries reported.
MENTIONED IN THIS ARTICLE
Lyons
New York Central Railroad
Harlan Vote Set By Senate Judiciary for Next Wednesday
The Senate Judiciary Committee announced it will vote next Wednesday on Judge John Marshall Harlan's nomination to the Supreme Court. Chairman Kilgore said members needed more time to study the hearings record. the nomination has sat with the committee for four months.
MENTIONED IN THIS ARTICLE
Washington
Senate Judiciary Committee
John Marshall Harlan
Supreme Court
Kilgore
D-W. Va
New York
GE Workers Walk Out In Radio TV Department
More than 450 General Electric electrical workers walked off in Electronics Park today in the radio and television department. About 1,307 additional employees were sent home as the department struggled to stay online after the unrest. A spokesman cited a test-operation dispute sparked by a reliever’s refusal to work a period. Local 320 LU-E-CLO met at the new headquarters on Liverpool Road following the walkout. This marked the third straight day of disruptions in the department with further details promised on page 7.
MENTIONED IN THIS ARTICLE
General Electric
Electronics Park
G.E
Lu-E.-C.lo
Old Liverpool Rd
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Associated Press
The
Associated: Press
Radio
City Life
Rustin
Graham
Finance Committee
G.O.P
Laborite
Kenneth Robinson
Hancock
Arkcles
Dion
Reds
Tachen Islands
Chiang
George Yeh
Harlan
Lgroup