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This newspaper page contains 21 articles. Subscribers can read the full text of each article.
Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Nov 18, 1958
Page
11
William A. Doyle discusses whether interest from U.S. Treasury bonds is subject to federal income tax and notes advice given to a working man. The column clarifies that most Treasury bond interest is taxable federally and shares a novice investor’s experience with securities.
A reader outlines basics of federal bonds and municipal securities, noting savings bonds tax exemption and open market trading. The letter discusses why most bonds trade below par, how banks and bond houses execute purchases, and cautions about municipal and corporate issues while highlighting a small mining stock scenario. It also references specific securities and market practices.
The Air Force plans further Atlas tests to verify full intercontinental reach. Comvale Astronautics of San Diego builds the Atlas, the nation’s first intercontinental ballistic missile, with a 4.5 foot nose cone. A test failure near splashdown halted recovery of the nose cone, but officials said propulsion and guidance problems were largely solved.
Ambiguous OCR text shows scattered place names and dates including Sao Paula and Rio de Janeiro like references. No coherent events or identifiable persons, teams, or organizations emerge to form a factual lead or outcome for a concise card.
About 1,000 attendees filled SL Berthalimew's Church yesterday for the funeral of Tod Randlelpa Htparst, son of Life publisher William Randolph Hearst. Hearst, 48, senior executive at the Mearsl Mews es, died of a heart attack in the Virgin Tylends. The service was led by Park Avenue Church rector Dr Tors ance J. Finlay, with Hearst's son John Randolph Jn among mourners returning from Germany with the Army and other family members, plus a delegation from the newspaper and entertainment worlds.
Tenining Army and Lidolin W. Stile nin, 22, son of Ma and Mrs. Finer K, tablnvan of Averill Park and a 85% pradnate of Averill Park Gentvaigh Setlans, recently complete a four-week Airbayne cours at Une Tifanity Schoal at Part Benning Ga.
The New York market rose amid mixed signals as profit taking faded and several key issues advanced. Goodyear led gains on rumor driven talk of a stock split while United Likely sank after cutting its dividend, and Johnson & Johnson edged higher on a proposed split. Trading was volatile with 278 issues active, volume rising to 5400000 shares and broad gains across industries.
The conference struggles to reach a final agreement as Western delegates push for a mutual suspension of tests and an international control agency while Russia insists on linked obligations. Talks explore a technical study of weapons and an informational alert system amid deadlock.
Secretary of State Dulles will speak at the National Council of Churches of Christ in Cleveland today then tour for a five day pre Thanksgiving period. He is expected to review foreign policy questions and return to Cleveland before leaving for a Lake Ontario area reveal. A separate police report notes a burglary where £128 was stolen from a bedroom dresser in Mrs. Marianglo’s home between May 8 and Sunday night.
A jumble of obituaries and funeral notices lists several local residents. The piece notes deaths of Moses Aebiwi ata ome oe and others, with forthcoming services at St. Peter's, St. Lawrence's, and Greenwich Cemetery, plus villager survivors and church affiliations. The report also includes unrelated political notes and race-related national policy discourse.
Ernest J. Beattie a lifelong Cambridge resident died suddenly yesterday at his North Park Street home. Born November 3, 1900 he was long employed in Cambridge and belonged to Cambridge United Presbyterian Church. Survived by widow Margaret Hodge and sister Mrs George Socleliar funeral set for 2 p.m. tomorrow with Rev K Glen Fleming officiating at home, interment in Woodland Cemetery.
Report on papal consistory as new cardinals named by Pope Pius XII includes Giovanni Montini and Julius Doepfner among 18 electors. Highlights age spread and potential expansion to near 100 cardinals, with anticipation of more U.S. selections.
Vice President Nixon plans a London trip next week for the dedication of a chapel in honor of tenon Weinusday, meeting with Prime Minister Macmillan and Queen Elizabeth, and with Labour Party leader Hugh Gaitskell. Nixon departs November 24, arriving in London for the visit.
Firefighters battled a hillside blaze at the Evans home near Route 9 for hours. Seven streams helped control the flames after a quick call from Greenbush and mutual aid from nearby departments. Insurance covers the damage with the living room fire likely the start and the front porch burned.
The College of Cardinals elects changes under Pius XII with Msgr Domenico Tardini named secretary of state replacing the prosecretary. The move elevates Tardini to governor of the Vatican and head of temporal matters. A likely newer apostolic delegate will join the Roman Curia, with Cardinal Cicognani’s appointment hinting at U S involvement.
New York AP reports Mrs. Taal Ware Curry was committed on tainted charges after stabbing a minister. The incident occurred in Beacon 16th Fire Vietin Dies and led to a series of hospital and legal actions.
Agricultural Department of Rensselaer County issued six recommendations for preserving harvest battery storage. Assistant dairy agent Roland C Briggs notes batteries used in combines, corn pickers, binders, and threshers need winter care. Outline covers removal, washing, inspection, specific gravity checks with a hydrometer, and recharging as needed, plus ensuring proper liquid covers plates.
The Great Troy Chamber of Commerce president Willian Byrae Gregor spoke at YWCA addressing public relations growth from community beginnings to a broader civic approach. He urged management to engage in community service to bolster company image while detailing plans for the chamber’s Christmas dinner and yearlong committees.
A Hudson County grand jury returned a presentment stating the Jersey Central train wreck that killed many was due to human failure. The report found no evidence of criminal neglect by the Central Railroad of New Jersey or individuals, but called for safety measures and reviews by the Public Utility Commission. The disaster occurred on Sep 1 when a commuter train plunged through a drawbridge at Newark Bay.
Twenty cars of a New York Vanleal freight train derailed yesterday several miles southeast of Chatham Ontario. No injuries are reported and authorities say there is no immediate danger to the public.
The deer season closed with 233 bears bagged and fatalities rising to seven on the state’s hunt. A conservation spokesman says many hunters ventured into woods despite heavy rain. New York town ordinances regulate licenses and taxes on game, with legal notices for municipal actions and public meetings following lengthy, formal procedures.
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