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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Sep 06, 1958
Page
9
An unclear reader inquiry appears about a £1000 investment and interest shares. The fragmented text references a husband’s interest, a sale, and questions on format. Content is garbled and difficult to parse into a full financial item.
This piece explains mutual funds as pooled investments buying shares of securities. It notes fund gains come from selling portfolio assets and are paid to shareholders as capital gains distributions, not dividends, with reinvestment encouraged. discusses risk and investor profiles.
Fragmented market notes show varied prices for cattle dairy items and meat products, with dairy cows and veal prices listed and market tone described as steady to slightly weaker for certain cuts. A London English style note appears in an unrelated legal page.
United Press International reports on Chinese military activity and policy shifts as leaders address the United Nations General Assembly session in New York. The piece notes rising tensions with Quenyoy and Matsie and comments on international responses to Red China's actions.
New York AP reports a mixed market with more declines than advances but notable gains for Eastman Kodak and Kroger Co. as rumors of stock splits circulate. The AP 60 average edged up 20 cents to 40 5186.90 while industrials rose and rails fell amid broad bond movements and lower volume.
An AP report from Santiago says three people were killed and 202 injured in a sequence of earthquakes striking the Andes east of the capital. Government sources said the village of Volcan and the town of Jose suffered extensive damage as tremors continued Thursday.
Obituaries list Moris Fage Morris Hage who died yesterday at Nightingale Nursing Home after illness. The long-time Troy store proprietor resided at 402 Street. survivors include two sisters Rose Isle and Lillian Lithgow and brothers Arthur Page of Bolan Landing and Alfred Page of Geena Gland. Funeral Monday at Clark and Blake NM Chanel, 818 River St, with Rev. James H. Bagley of Grace Methodist Church. interment at Center Dertin Cemetery. Also noted are services for Abbie dane Menchester of Berlin who died Tuesday at Putnam Memorial Hospital. burial at Berlin Cemetery. Additional notices mention John O. Wester, 31, carpenter of Beadle, died. funeral Monday at Elmwood JC. mourners listed.
Yesterdays notice from Bishop Willian A Scully lists priest appointments across Albany diocese. Rev. Robert E Root joins high school faculty and acts as St Colmans Rome chaplain, with multiple clergy assigned to St Pauls, St Laurences, St Marys and other parishes.
Gordon L. Sawyer, 18, of Albany street, was sentenced to 20 days in jail after a police chase that ended with Sawyer forced to the curb. Sawyer pled guilty to reckless driving and driving without a license. three days were added on each charge in Albany County jail.
A three day walkout at the Lewiston powerhouse along the Niagara project halted construction. Negotiators reached a dereement though details were undisclosed. About 790 workers were idle Wednesday before returning to work Monday.
A garbled OCR entry mentions a teacher and ambassador figures tied to the Canadian embassy. It notes a person named Mongher born in Milifay NOS aged 47 and references a Jane and a department, but many terms are unclear or corrupted. The fragment lacks coherent events or dates.
A fire destroyed Bertinile Hotel in Hanvllon causing an estimated 14 million dollars in damages. Fire brigades from the colony and U S naval base battled the blaze for hours, with all 215 guests moved to safety and nearby hotels spared. In Jakarta a separate report notes wealthier groups in Medan plotting a sweepstakes amid political upheaval in North Bumaten.
An AP report states a Sehoal Train crash near Gryeksbn station north of livre, Sweden, killed at least five people and injured 14. The event involved a train carrying children and occurred yesterday near the central industrial region, affecting rail service and local resorts.
A police case in Imerese Sicily unravels after Cartelo Karnari stabs his wife following a love letter mix up. Karnari wounded during the confrontation as authorities piece together the affair involving Mrs Myre Darth and a disputed personal note.
An incoherent AP style blurb from Kalamazoo Michigan references a new public library project with figures around 1.0 million dollars and revived education themes. It mentions Kalamaon and Kakinazoo with fragmented phrases about renewa and building plans.
Dispatches from Soviet broadcasts warn that military preparations near Chiang Kai-shek forces and allied lands could pull the Soviet Union and China into a broader conflict. The commentary stresses friendship with the United States and urges caution to avoid entanglement in an armed venture against the Chinese People’s Republic.
Troy faces a delay in converting the Union Station site into a public parking lot as New York Central Railroad track removal awaits Interstate Commerce Commission approval and costly signal-system changes. City officials plan to begin work despite the hold up, while a refund claim for 52,302,000 in taxes and a $30,000 continuation request from the railroad complicate funding.
The San Diego Weather Bureau warned of a tropical storm Ella in the Gulf of Mexico as it veered northward toward the Texas coastline. Residents from Cameron Parish to Corpus Christi began evacuations with 78 percent of Cameron Parish residents fleeing. tides rose and coastal stations reported increased activity. The Coast Guard issued an American alert urging evacuations along the Gulf shore and Port Aransas prepared for possible impact as forecasters forecast four to six feet of tide and potential flooding.
Morocco and Tunisia plan to join the Arab League, aiming to apply before September's end. An Arab League spokesman said acceptance by the 80 members would be a mere formality.
AP reports Nelson A. Meckafeller late for governor backs Charles M. Mizner of New York City as assistant campaign manager. Jim Ager joins the Republican slate ticket as a key aide in New York.
Harry Travis 80 a 33nd degree Mason and former assistant car shop foreman for the Delaware and Hudson Railroad died yesterday at his home The Boght after a brief illness He had lived in The Boght area 28 years was a member of the Reformed Church of The Boght and its Consistory for eight years He worked in rail service until retirement fifteen years ago Survived by a son Roy C Travis of Latham a sister Mrs J Guy Walker Waterford two brothers Charles Travis Schenectady and Frank Travis Niskayuna a grandson Kenneth Travis of Latham and two great grandchildren Van Bruce Travis and Rebecca Travis Services Monday at Barthes Funeral Home Latham Rev John It Sharpe officiating Interment Memorial Gardens Colonie
Montevideo reports allege a ministry official and a Russian contact spied for over five years. Indicted suspect Oscar Mesutti allegedly received $120 monthly and used a camera to photograph foreign ministry documents. Local government denies comment while papers claim the spy center served several Latin American countries.
Washington warned Red China that President Eisenhower would defend the offshore islands if attacked. Amid talks with Nationalist leaders in Taipei, officials pressed restraint while outlining readiness to counter any Chinese Communist aggression. Britain confirmed support for U.S. policy changes as Congress faced pressure from Senate leaders to avoid hasty action.
The Liberal party endorses Supreme Court Justice Roscon V. Elsworth of Port Ewen Ulster County for reelection. Nominated at Wednesday GOP convention in Albany. The district includes Rensselaer Albany Columbia Greene Ulster Sullivan and other counties. McCourt of Marthorough Otse County is named as a candidate.
Troy Priest and James J. Vaughan of the Troy Fire Department will exchange their uniforms for Navy attire as Vaughan receives a commission as a lieutenant junior grade in the U S Navy. He awaits orders to attend Chaplains School at Newport and has served at St Navy's parish since June 1950. Vaughan, a Troy native, has a long Catholic education and youth involvement, including Russell Sage College chaplaincy and Catholic Youth Organisation work. He was appointed chaplain of the Troy Fire Department in 1957 by Bishop William A. Sully.
State Police linked a July theft at Miller's Gun Shop in West Sand Lake to two Michigan suspects. The break in involved seven revolvers and substantial ammunition. Police traced the pair after earlier gun finds and recovered firearms in Waterbury Connecticut. The theft was described as the largest in years for the area.
Police say minister Ralph King was fined ten dollars and four dollars costs after refusing to move from a courtroom stairway. Clyde Sellers admitted paying the fines to block a jail stay, calling it a stunt. King, a Montgomery civil rights figure, denies seeking publicity to promote his forthcoming book.
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