Ike nominates Floberg and Graham to Atomic Energy Commission
President Eisenhower named two former Truman officials to the Atomic Energy Commission. John F. Floberg, 42, Chicago resident and former assistant secretary of the Navy for air, would succeed Thomas Murray. John S. Graham, 51, a Reading, Massachusetts native and former Treasury assistant secretary, would replace the late John Von Neumann.
MENTIONED IN THIS ARTICLE
Washington
Eisenhower
Truman Administration
John F. Floberg
John S. Graham
Atomic Energy Commission
Floberg
Navy
Air
Thomas E. Murray
White House
Chicago
Graham
the Treasury
Truman
AEC
John von Neumann
Reading
Mass
Winston- Salem
N. C
Bloody Battle Ends Life Of Las Vegas Youth
A 16 year old boy was stabbed to death in a Las Vegas alley during a feud with another 16 year old. The suspect, unnamed due to age, was booked for investigation of manslaughter in connection with the death of Carl Means, son of Mr and Mrs Bud Means. The fight began with fists and escalated to knives, Means sustaining a chest stab wound. He died while being taken to hospital.
MENTIONED IN THIS ARTICLE
Las Vegas
Carl Means
Bud Means
Means
Head On Crash Kills Five In Florida
Five people died in a head-on collision on U S Highway 48 near Fort Walton Florida when a truck attempting to pass collided with a car. One person survived from the wreck seven miles west of Fort Walton. The two couples killed were from St Augustine Florida.
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FT. Walton
Fla
U. S. Highway 48
Florida Highway Patrol
Here
St. Augustine
Manager of Concert Artists Is Dead
Rudolph Polk former concert violinist and manager for Jascha Heifetz Vladimir Horowitz and Jose Iturbi has died at 63 in Beverly Hills California after several months illness. He left a 10 year concert career in 1931 and later guided artists and served as musical director at two Hollywood film studios.
MENTIONED IN THIS ARTICLE
Beverly Hills
Calif
Rudolph Polk
Jascha Heifetz
Vladimir Horowitz
Jose Iturbi
Polk
Hollywood
Cotton textile and wool markets quiet in New York
The New York dry goods market reports a quiet cotton textile sector and a slow wool goods market. No reports of Australian wool actions. Demand for spun and filament fabrics remains limited in rayon goods.
MENTIONED IN THIS ARTICLE
New York
Volume of Arizona Livestock Sales Limited by Diminished Supply
Phoenix report shows sales limited due to fewer finished offerings. Confirmed totals include 15 loads of steers seven loads of heifers two loads of cows and one load of slaughter calves with prices steady to strong. Prices for fed steers 900-1000 lb range 23.25-23.50 and others quoted across standard to high choice grades.
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Phoenix
Los Angeles
FSMN
Chicago
USDA
Kansas City
Cattie
U. S
Denver
U.S
Auction Market Live Cattle and Hogs Report Across 4 Cities
Los Angeles, Chicago, Kansas City and Denver trade cattle hogs and sheep with mixed results. Steers and heifers show strength in LA and Chicago, while denver notes limited activity. Prices range from 11.00 to 24.25 per hundredweight depending on weight class and quality.
Metal price report from New York market
Spot non ferrous prices include copper at 30 32 cents a pound in Connecticut Valley lead at 4 cents a pound in New York zinc at 11 cents a pound in East St. Louis tin at 98% cents a pound in New York foreign silver at 90 cents a troy ounce in New York.
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New York
Connecticut Valley
East St. Louis
New York Stock List Mixed Stocks Mixed Bonds Decline
The day reports mixed stock prices with selected issues gaining. Government bonds declined while cotton stayed steady amid trade buying and a late rally for wheat due to poor yields. Corn stayed firm as weather remained wet. Hogs held steady to strong and cattle eased up to 50 cents lower.
Frisco Man Flies Solo To Hawaii
Honolulu report says Peter Gluckmann, a San Francisco watchmaker, completed a 2400 mile solo flight in a Beechcraft Bonanza from San Francisco to Hawaii in 15 hours 41 minutes with fuel to spare. He also noted prior solo Atlantic crossings.
MENTIONED IN THIS ARTICLE
Honolulu
Peter Gluckmann
San Francisco
Hawaii
Gluckmann
Atlantic
Snag Delays Nuptial Best Man In Jail
Milwaukee wedding plans for George Menard and Dorothy Crisci were delayed when the best man Ernest Hulbert appeared in the wrong room. Judge Thaddeus Pruss performed the ceremony in chambers after Hulbert, held for parole violation, was retrieved from a jail cell.
MENTIONED IN THIS ARTICLE
Milwaukee
Wis
George Menard
Dorothy Crisci
Thaddeus Pruss
Civil Courts
Ernest Hulbert
Man Dies In Fire At Coolidge Ranch Cabin
Officials probe the death of Clyde Washington, 33, in a fire that destroyed his cabin on the N. D. Davis Ranch near Coolidge. Investigators have not yet determined the blaze's cause but suspect Washington may have fallen asleep while smoking.
New optimism seen in 1957 Dow and inventory trends
Analysts note inventory data lag and price effects on inventories while GNP for Q1 1957 rose to 427 billion with limited inventory change. Dow earnings hit a record 9.30 in Q1, steel scrap prices climb to 50.83, and De Beers reports industrial diamond sales up 19 percent. Closing Dow at 509.66.
MENTIONED IN THIS ARTICLE
Standard & Poor’s
Dow
de Beers Consolidated Mines
South Africa
Paul H. Macgregor
E. F. Hutton & Co
Cafe Owner Denies U. S. Tax Charges
John F. Giuffre, 56, owner of Li l Johns Cafe in Peoria, pleads innocent in federal court to five counts of income tax evasion. Trial set for Oct 10. Prosecution argues underreported income from 1950 to 1953 and 1954 losses despite omitting taxes. Lawyer: Lawrence D Antonio.
MENTIONED IN THIS ARTICLE
John F. Giuffre
N. 6Th Ave
James A. Walsh
Giuffre
Valley Bank Declares 25 Cent Dividend in Q2
Valley Bank pays a 25 cent a share second quarter dividend, totaling 595000 in cash for the first half of 1957. The 347500 dividend on 1390000 outstanding shares is mailed this week to about 6000 stockholders. Valley Bank has investors in all 48 states, with Arizona residents holding the largest portion.
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Phoenix
Valley National Bank
Valley Bank
Arizona
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Houghton Fd
Axe
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N.Y
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Ill
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City NY
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Natl
Boston
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Canada
Wellington
Wisconsin
Price Hike Talk Spurs Tobacco Shares
New York stocks mixed with tobacco issues leading gains as cigarette price expectations rose. Key closers included American Tobacco 2 percent higher at 73, Reynolds B at 55 54, Liggett 1 percent at 65 4, while General Motors fell 4 at 4344 and Gulf Oil slipped 11 4 at 145 4.
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American Tobacco
Reynolds Tobacco
Liggett & Myers
General Telephone
Anaconda
Kennecott Copper
American Telephone
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Gulf Oil
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New Jersey
U.S. Steel
Lukens Steel
Douglas Aircraft
Dobeckman
Northern Pacific
Westinghouse Electric
Mountain slides trap eight cars in Arlberg pass
Austrian police report landslides in the Arlberg mountain pass trap eight cars belonging to American and other foreign tourists. There were no reports of casualties.
MENTIONED IN THIS ARTICLE
Innsbruck
Austria
Arlberg
Cotton futures rise on Benson price support anticipation
Cotton futures in New York edged higher in slow trading as July and other contracts hit new season highs before profit taking trimmed gains. A Benson statement signaling possible higher price supports for the 1957 crop amid improving export prospects spurred rally attempts, with late trade noting modest declines.
MENTIONED IN THIS ARTICLE
New York
Agriculture
Benson
Foreign exchange rates report and market moves
New York June 17 foreign exchange rates show Canada at 4 1516 per cent premium of 10493 U.S. cents unchanged. Pound $2.79 up a cent with various futures up fractions. Several European and Latin American currencies listed with small changes and the Hong Kong dollar at 170 unchanged.
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Chicago Butter and Cheese Market Report
Chicago on June 11 shows butter steady with receipts around 1.094 million and wholesale buying prices unchanged. Eyes steady. white 31 mixed 31 mediums 27 standards 28 dirties 4 percent. checks 2 percent. Current receipts percent.
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Chicago
Catenous BC
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