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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Sep 16, 1958
Page
13
The piece describes a reverse stock split where 300 shares become 100 in a struggle over par value and ownership. It warns that old shares and new shares lose their price relationship, with ownership shifting to 0.1 percent and later splits altering value dramatically.
A volatile session sees Dow hitting a historic high as industrials lead gains amid gains in Alcoa General Securities and a broad rally. Traders note strong activity in stock fund selections while a late pullback tempers the day as bonds and utilities show mixed moves.
Paris reports a failed assassination attempt on a French cabinet minister amid violence linked to Algerian tensions. Gunmen opened fire near the Trocadéro, wounding the minister and a chauffeur. police pursued suspects as demonstrations and political pressure escalated.
An accounting forum hosted by Albany Chapter of the National Association of Accountants will be held Friday and Saturday at the Troy Country Club. Chaired by Jolie E. Votier and dehy B. va Vasous, the event invites business leaders to discuss topics from accounting structure and reports to data processing and electronics impact. Friday sessions run 1:30 to 4:40 p.m. with leaders including Verazour annvanced and Hodson, while Saturday sessions run 7:30 a.m. to 5:30 a.m. with talks by Dolery deparities and Roche etc. An informal atmosphere and open discussion are emphasized.
Supreme Court Justice Jarry 2 Senivick approves a settlement in a case arising from a July 41 1957 accident on a property owned by William J Fulton. Regina Trimliah Marwarvold, daughter of Salvatore WM Vriin boli, receives the award after injuries including a chin laceration and two broken teeth. Attorney Seymour Fox represented the Fitzlanacher side. Conduct Field Day highlights Junior League event at the Recreation Grounds with prizes for winners.
Cardinal Spellman archbishop of New York arrived in La Rochelle aboard the Olympia with 580 pilgrims en route to the Marian shrine. The visit marks a major Catholic pilgrimage from the United States to France as part of a larger church delegation.
The Goodmans relocated to Levy about ten years ago from Plank City Mia. They have five boys aged 1 to 16 and four girls aged 18 and under. The eldest daughter is from a prior marriage of Mrs Goodmany.
A woman and children remained in an apartment as events unfolded with the husband leaving, hiring a taxi to Central Police Station, and authorities convening. The case centered on assault in the first degree with Mrs. Goodman seriously injured and hospitalized. Trial proceedings delayed as defense and prosecutors prepared, with detectives involved in the investigation.
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