Stock Market Surges Past Historic 1958 Highs
The market advanced sharply from recession depths to record highs with the Dow Jones Industrial Average climbing to near 8214.30 and the broader NYSE value rising by about 79 billion dollars for the year. Strong gains amid inflation fears and government actions drove a year of unprecedented stock strength led by General Motors and other large firms as investors shifted to equities despite volatility.
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New York (Ap
New York Stock Exchange
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Andy Ral
Hieatte
Toma
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Daekinaed von Ram
Paraday
Momey
Origas
Meg
Mosey
Lebanon
Stetke
General Motors
Webernty
Marah
Washington
Pomeratt
EC Pieround
Jean
Katie
Fragmented note misreads a marble quarry scene near Venice
A garbled record mentions Derrick Calas and Vrines in Chambery Venice and a claim about extracting marble. It references a single operator and a rough estimate of stone output around 200 units, with unclear terms and locales, reflecting damaged OCR.
MENTIONED IN THIS ARTICLE
Calas
Vrines
Chambery
Venice
Catala
Waterford GE Plant Jobs Grow Amid Expansion
Waterford GE plant employment rises as expansion advances, with Mr. Reed noting strong sales in silicones and several new projects completed at the Waterford site in January. The Wakefield plant foresees sustained growth into 1958, supported by the $900 thousand upgrade plan and new fabrication lines enhancing production capacity and hiring.
MENTIONED IN THIS ARTICLE
Mynatagtorgdak
General Bleetere Co
Waterford
Apgarg
Uheres
Charles J. Heed
Reed Sail
Sieone
Pickei Tye Elie Ue
Dre Reed
Wakeford
Uta Plant
WRG
Gd 1
Jas
Investment questions for safe retirement funds and stock options
A reader asks about investing 19,000 for retirement and wants absolute safety. The columnist warns stocks are not risk free, suggests 4 percent government-backed savings yields, notes inflation risk, and mentions private stock yields of 4-4.5 percent with safety from good-grade stocks. Recommends evaluating utilities, electric wiring, font producers, and store chains as potential sources of steady income.
Prices and prospects for Menands produce and stocks
The piece discusses Menands market prices and a company with potential growth from a new Lark car line and diversification. It notes a refinancing plan strengthening finances, tax loss carryforward to aid mergers, and a path toward investment status, while cautioning against overhyped stock advisories. It also cites a 1957 estimate of 41 million Americans changing addresses compared with 30 million in 1953.
MENTIONED IN THIS ARTICLE
Ty Net
Fis
New York
Rockefellers Decision On Thruway Debt Looms Large
Rockefeller administration faces the choice of whether to assume or extend the Thruway Authority debt. The $76 million advance from the state, now due April 1, could ease a strained budget amid an $80 million tax-increase outlook, but would require new bond issues and risk higher interest rates. The decision hinges on public interest, bond markets, and overall state borrowing amid planned rate hikes and rising costs.
MENTIONED IN THIS ARTICLE
Robert E
MACK
United Press International
Albany
Norman Hurd
Capital Construction Fund
Thruway Authority
Rockefeller
Nord
jThe
Stamp Issue Highlights Jet Interceptor Replica
Ottawa reports a new 5 cent stamp featuring a jet interceptor replica stirring political debate on staged production. The design recalls the Supersonic Arrow, linked to Canada’s aviation history. The issue marks Canada’s 40th anniversary of a power struggle, tied to A.D. McCurdy’s 1968 flight milestone.
MENTIONED IN THIS ARTICLE
Ottawa
APJ
Canada
A.D. McCurdy
British Empire
Local Holiday Visits and Gift Return Request
The Boght Tie Blue and Gold Cain Bags should be returned promptly to Mrs. Marjorie Reep Meyer or Mrs. Gladys Tourtellot. Mr. and Mrs. J Lawrence Murray visit Albany Saratoga road relatives over the holidays with the Lyman Culick family in Hackettstown amid visits by the Geerken and Wilson households. The Mace families of Newfield and N Mohawk Street Ca hoes spend holidays with A Edward Rowe and Parke Wilson kin on Bogut road.
MENTIONED IN THIS ARTICLE
Cain
Marjorie Reepmeyer
Gladys Tourtellot
J. Lawrence Murray
Albany-Saratoga Road
S. Lyman Culick
Hackellstown
Henry Geerken
Butlala
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