Indicted Oil Firms Deny Charges in Price Fix Case
A federal grand jury charged 29 oil firms with conspiring to fix crude oil and auto gasoline prices across the United States except several western states. The indictment covers 1956 to January 1957, with penalties up to 50 000 dollars per firm. Company leaders dismissed the charges as preposterous and pledged to prove innocence.
MENTIONED IN THIS ARTICLE
Alexandria
Suez Canal
Europe
Herbert Brownell
Victor R. Hansen
Justice Department
Antitrust Division
House
United States
California
Oregon
Washington
Idaho
Arizona
Robert G. Dunlop
Sun Oil Co
U.S. Bonds Offer To Sell 103 Billion In Long Term Debt
The Treasury announced plans to issue a 26 year 11 month bond dated June 3 to raise 103 billion in new cash and to refinance existing debt. It will yield 3.22 percent after issue price with strong demand expected. Subscriptions for shorter term securities in exchange for expiring notes will run for three days starting next Wednesday.
MENTIONED IN THIS ARTICLE
Washington
The
Treasury
Philippine officer touts rapid U S missile capability
Manila AP report quotes Lt Gen Alfonso Arellano chief of the Philippine armed forces saying a U S missile battalion can land in any Southeast Asian country and be in action within hours if needed. He spoke after returning from Japan and Okinawa where Southeast Asia Treaty Organization officers observed a U S weapons demonstration.
MENTIONED IN THIS ARTICLE
Manila
Philippines
U.S
Alfonso Arellano
Philippine Armed Forces
Japan
Okinawa
Southeast Asia Treaty Organization
U S to Honor War Dead in Hong Kong Ceremony
U S Consul General James B Pilcher laid Memorial Day wreaths on six American World War II dead in Hong Kong. The honored were Consul F R Engdahl who died in a Japanese internment camp and five servicemen shot down in an American bomber. An honor guard from the seaplane tender Floyds Bay participated. Representatives of the American community attended.
MENTIONED IN THIS ARTICLE
Hong Kong
U.S
James B. Pilcher
Gay
F.R. Engdahl
Floyds Bay
Freshmen in Rutland court learn citizen duties in class trial
In Rutland Municipal Court Fair Haven High School freshmen attended a first hand lesson in citizen responsibility. Two teenage classmates faced trial on speeding charges as part of an in school civics exercise.
MENTIONED IN THIS ARTICLE
Rutland, VI
UPD
Fair Haven High School
Rutland Municipal Court
Navy Chief Lands Power of Fleet
Secretary of the Navy Thomas S. Gates praised the U S fleet as a tool for government choice of action to cope with any situation. In prepared remarks at the christening of the destroyer Somers he cited Lt. Richard Somers and said seapower links the maritime confederacy fundamental to foreign policy.
MENTIONED IN THIS ARTICLE
Bath
Maine
Thomas S. Gates
United States
Gates
Somers
Richard Somers
Tripoli
Mediterranean
One Man Job Transforms Old Graves
Quincy veteran Siegfried von Hartenstein, 87, spent six years reviving a weed-grown cemetery. He cleared decay, laid sod, replaced crosses with marble stones, and planted tulips, restoring 150 sailors buried at an old sailors home torn down long ago with aid from the American Legion and Quincy Veterans Bureau.
MENTIONED IN THIS ARTICLE
Quincy
Mass
Siegfried von Hartenstein
American Legion
Quincy Veterans Bureau
von Hartenstein
No Violation Seen in INS UP Merger
The Justice Department ruled the United Press and International News Service merger does not violate antitrust laws. A letter from Assistant Attorney General Victor R. Hansen to UP President Frank Bartholomew explained the acquisition fits the failing corporation exemption and no action will be taken at this time.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
United Press
International News Service
Department
INS
Asst.Atty
Victor R. Hansen
Frank H. Bartholomew
New
United Press International
Hansen
Supreme Court
Congress
Bartholomew
UP Falls
Presbytery Split Over Pulpit Bias
Pittsburgh presbytery proposes fair employment rules to bar race based clergyman assignments and require nonsegregated hiring while delaying action for a year. Unified church merger praised by church leaders as a sign of broader Christian unity.
MENTIONED IN THIS ARTICLE
Pittsburgh
United Presbyterian Church
U.S.A
Pittsburgh Presbytery
Group of Churches
Presbyterian Church
Christendom
Edwin T. Dahlberg
St. Louis
National Council of Churches
U.S
Southern
Republicans To Support Rep Powell In Harlem District
New York AP Powell Jr. a Democrat dropped by his party won Republican nomination for re election in Harlem. New York County GOP backed Powell by six to one vote and the 16th District committee is to ratify soon. Powell says he will run in August as an independent Democrat and accepts the nomination gratefully amid federal tax indictment denial. Churchill May 13 1940 speech noted.
MENTIONED IN THIS ARTICLE
New York
Adam Gayton Powell Jr
D-Ny
Congress
Harlem
GOP
Powell
Thomas vi
Snd
16Th
Eissenhower
Tammany Hall
Earl Brown
Idaho Flight Engine Test Plant Workers Walk Off
About 210 construction workers at the National Reactor Testing Station in Idaho Falls halted work on an aircraft nuclear propulsion test facility. Iron workers from Wright Cheney and Burch Inc led the strike with a small number of peers from Washington firms, offering no stated reason.
MENTIONED IN THIS ARTICLE
Idaho Falls
Idaho
America
Robert Good
Nednesday
Wright, Cheney and Burch, Inc
Roosevelt First Linked Flying Machines to U S Navy Role
In 1896 Theodore Roosevelt then Assistant Secretary of the Navy argued for integrating flying machines into the nation's armed forces marking an early call for aerial support and modernization.
MENTIONED IN THIS ARTICLE
Theodore Roosevelt
Secretary of the Navy
Also Mentioned on This Page
L. F. McCollum
Continental Oil Co
Continental Oil
Adams
Phillips Petroleum Co
Phillips
John E. Swearingen
Standard Oil Co
Indiana
West Europe
J. C. Donnell II
Ohio Oil Co
Ohio Oil
Standard Oil of
Union’ Oil and Pure Oil Co
Pacific Power
U S
Samuel Cardinal Stritch
Chicago
Navy
George W. Cornell
Moscow
American Bible Society
Jackson and Perkins
Jackson & Perkins Company
Rose Garden
South Main Street
Newark
New Yorker
ROSE
Newark, New York
Rep
Winston S. Churchill
London
Einger
Bernhard Altmann
George Block
Stroock
Forstmann
Homart
Honeywell
Sears
Sears, Roebuck and Co
Syracuse, N. Y
PTE Samet Tk
Humart
Syracuse
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