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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Mar 19, 1959
Page
11
The questioner asks about investing in stocks for experience and knowledge, not profit, seeking bank guidance and beginner resources. The response affirms that the smart approach is to start by educating oneself and using available learning materials via simple steps.
A reader discusses beginner stock investing, recommending books and a glossary from the New York Stock Exchange. It covers choosing brokers, budgeting, diversifying with a few stocks, and learning market operations before investing.
An elderly immigrant from the Ukraine left Yeshiva University a quarter of a million dollars in his will after a life of extreme frugality. Fraiman, 74, died last month having given away possessions to fund study and a law school at the Bible seminary. Neighbors describe him as a recluse who lived among scraps and junk in a t hree story house while supporting the university he loved. Attorney Melei Mabin disclosed the estate details, noting Fraiman's devotion to the Bible and learning.
New York stocks ended mixed despite an afternoon selloff as aircraft and airline shares showed gains while overall averages slipped. The Associated Press index fell 30 cents to 224.60, with the Dow down 1.82 to 610.87. Trading slowed. volume about 4.5 million shares.
Washington AP reports the new Lincoln penny is slightly lopsided yet remains in circulation. Officials deny design flaws, noting a standard thin spot near the rim beneath the head, a common trait across many coins, while readers test flips to gauge balance.
Hamburg plans to deepen its harbor and Elbe channel to accommodate ships of 40 000 tons. The project covers the lower Elbe from Elbe lightship to the port, with a ship-channel depth of 30 feet at cost about 18 060 000 marks, nearly $25 000 000.
A loophole in New York law allows Almunia units to erect B0 foot boards just outside restricted zones for suspending a series of advertisements. Officials ban highway construction for bigboards, citing safety and visual impact.
Daughters of Eastern Star at the Masonic Temple held a semiven virtual election supervised by Ms. Ag Cairnduft. Sandra Tasmusson named beloved queen for six months. Officers include Barbara Woolsey, Barbara Mairfield, Linda Dronnas, Dorothy Folsonv, Ethel Gayndully, Irene Haughtory, Nancy Kellogg, Florence WeCioany, Linda Wright, Marilyn Blood, Glenn Horvath, Andrea Zink, and others. Installation set for Monday March 30 at 8 pm. Refreshments and dancing to follow.
Sponsored to the Local al Lions Club Cub Pack 31 of Waterford Methodist Church will meet tomorrow at 730 pm in the church school hall Knights To Meet The Waterford Council K of Cy WIE all at the council home at 8 pm today About 123 members of the council defended the wreck fast at St Macy's Hall following the annual Passion Sunday Communion Dr Eugene Connolly spoke on Medicine Prayer and Miracles Guests included State Officer Frank Fitzpatrick and District deputy Edward Mosseau Kitchen committee headed by Joseph Blanchard and Scot Heung
The Army announced the 46th Artillery Group based at Fort Sill Oklahoma will deploy to Europe to bolster NATO forces with 450 missiles and 11 launchers. Col Allan Hirsch commands the unit, which will leave from the Brooklyn Army Terminal. Missiles, launchers, and equipment will be shipped from Beaumont Texas. The Redstone unit joined the 707th Aviation in Germany last year.
A Chicago study notes that in a lunar environment devoid of oxidizing conditions metal would not rust or tarnish. Researchers suggest silver would stay bright and bronze would not corrode due to absent oxygen and air. The piece argues the moon lacks incissive elements and atmosphere.
Three people were injured in separate vehicle crashes caused by slippery pavement. Norfolk residents Norian R. Mitchell, 40, of Lee Massachusetts, suffered leg injuries after his car skidded into a northbound vehicle driven by Dalton A. Perry, 27, of Baltimore Maryland, near Route 1 and Route 26 in Sehodack town. Calls to his physician were planned. The accident was investigated by Troopers John Mahay and Arthur Williams of the East Crt Bush patrol. A second crash near Manor Move in Watervliet, Sand Lake, left Ursula Cummins with facial and nose injuries after her coupe skidded while a passing car caused a collision. she declined hospitalization. A third incident in Menands involved Lena Shaw, 28 College Ave, sustaining minor injuries in a three-car crash near Montgomery Ward, treated by her physician.
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