Ford stock offering to be 10.2 million shares not meeting demand
Ford Motor Co plans a 10,200,000 share public offering next month up from 7,000,000. Wall Street cautions demand will outstrip supply despite the larger issue. Trading on OTC expected after sale, with NYSE listing likely around March 1. Analysts speculate on price around upper 60s to 70s. dividend projected at 2.40 for 1956 with possible extra payout next year.
MENTIONED IN THIS ARTICLE
Ford
New York
Ford Motor Co
Wall Street
Securities & Exchange Commission
New York Stock Exchange
Ford Empire
Byrd outlines Virginia choices after school desegregation ruling
State Senator Harry F. Byrd Jr spoke to the Rotary on three options for Virginia after the Supreme Court banned school segregation. He endorsed a middle path to lessen the ruling’s impact, urged legislative tools to fund private nonsectarian schooling when desired, and warned the court decision is a dangerous federal overreach. He noted public sentiment and local control of schools dictate action, with a convention to amend Section 141 seen as a first step in a long battle.
MENTIONED IN THIS ARTICLE
Rotary Club
Harry F. Byrd, Jr
Virginia
Supreme Court
Byrd
Virginia Commission On Education
Washington
Virginia Commission On Public Education
Colonial Art & Craft Shop
Winchester
Loudoun St
Dowell J. Howard
University of Virginia
Virginia Polytechnic Institute
Longwood State Teachers’ College
Virginia Public School
Senate
Gore
General Council of Administration
E. U. B. Church
Dayton
Ohio
Philip Gabler
Carl Hiser
Shenandoah’ College
Lebanon College
Chamber Sees Ford Grants Bring Hope for Shenandoah College
Winchester Frederick County Chamber leaders view Ford Foundation gifts to schools and hospitals as a path to relocate Shenandoah College to Winchester. They plan to seek funds from philanthropic groups, note funding blocks, and consider merging Shenandoah with Lebanon College while pursuing a constitutional option to ease integration pressures.
MENTIONED IN THIS ARTICLE
New Hope
Ford
Winchester- Frederick County
Two Adults and Two Children Die in Brooklyn Fire
Early morning blaze in an eight family building in Brooklyn kills two adults and two children after a cigarette set Christmas wrappings in a wastebasket afire. Firemen evacuated ten residents. 13 year old Julia Hynes, a crippled girl, was carried down with flames lashing her hair.
MENTIONED IN THIS ARTICLE
New York
Brooklyn
Saiq
Margaret Murphy
Feileen Best
Ruth
Joyce
Julia Hynes
Edward Douds
Five Newsprint Firms to Cut Back Deliveries
Five major newsprint producers told customers they will cut deliveries by 17 to 42 percent at the start of the year, the American Newspaper Publishers Assn said. Ten firms are 6 to 22 days behind in deliveries to U S publishers, as demand hits a record high while supply remains at a low level not seen since June 1933.
MENTIONED IN THIS ARTICLE
New York
Assn
ANPA
U. S
White storekeeper acquitted in Bromley murder case
Ira D. Hinton Jr., a 44 year old white storekeeper in Northumberland County, Va, was acquitted of murdering 23 year old Howard Bromley after a two day trial. The all white jury deliberated 24 minutes and found no guilt. Prosecutors argued Bromley was shot as he fled after an argument, while the defense said the death resulted from an accidental shot during a struggle.
MENTIONED IN THIS ARTICLE
Heathsville
Northumberland County
Ira D. Hinton Jr
Howard Bromley
Hinton
Bromley
Northumberland
Lancaster County
Neck
Virginia
Robert M. Reamy
William W. Hinton
Mead Hinton
Ira
James Tracy
Youth in Critical Condition After Traffic Crash
A Washington D C youth identified as Frank Gerrozzy Jr 19 of 102 13th Street N W was admitted to Memorial Hospital at 10 25 a m in critical condition from a traffic crash near Sperryville around 1 a m He suffers a fractured left leg a scalp laceration brush burns and frozen extremities with details of the incident unavailable.
MENTIONED IN THIS ARTICLE
Washington, D. C
Memorial Hospital
Sperryville
J. W. Detrick
Frank Gerrozzy, Jr
13Th St
N.W
Washington
Detrick
Gerrozzy
Death Toll Rises in Algeria Christmas Guerrilla Offensive
Militants in Algeria launch a Christmas terror campaign as French forces push a major drive. Casualties surpass 89 dead with battles near Constantine and Guelma, Souk Ahras, and near the Tunisian border. French authorities report no own casualties.
MENTIONED IN THIS ARTICLE
Algeria
Algiers
Nemendcha
Constantine
Guelma
Souk Ahras
Guentis
Heart Disease Tops Death Toll in Winchester 1953
Special report shows Winchester heart disease caused 59.2 percent of local deaths in 1953 out of 147 total. National data note one third of deaths occur under age 65 and U S mortality from heart disease is high. Economic impact cited at 2 billion dollars and 134 billion man hours per year.
MENTIONED IN THIS ARTICLE
the Star
New York
Winchester
Rally
United States
South Atlantic States
United States Health Service
Eisenhower
American Heart Association
United Oil Refinery Blast Kills Fireman in Warren
A refinery blast at United Oil Refining Co in Warren Pennsylvania killed a fireman and injured ten others. Bricks and debris showered firmen as flames raged in the filter house. the blaze was reported under control by 5:30 a m with two workers safe and seven more firefighters hospitalized.
MENTIONED IN THIS ARTICLE
Warren
United Oil Refining Co
Hartwell Willey
Warren Hospital
Erie
United
Freights Collide Near Martinsburg
Two freight trains collided on a single track near Falling Waters West Virginia. The crash derailed four cars on one train and one on the other while derailing a Reading Railroad car. No injuries were reported and diesel fuel oil spilled along the right of way.
MENTIONED IN THIS ARTICLE
Martinsburg
W. Va
Pennsylvania Railroad
Falling Waters
Pennsylvania
Reading Railroad
Winchester
Harrisburg
Reading
Virginia Traffic Toll Now 836
A 31 year old Richmonder, Charles Woodrow Bradshaw, was killed in an early morning crash west of Richmond on U S 60. A sailor, Billy J Wheeler, 18, of the USS Hyads, Norfolk, escaped with a scratch. The toll for Virginia traffic rose to 836 for 1955, higher than last year.
MENTIONED IN THIS ARTICLE
Associated Press
U. S. 60
Bradshaw
Braddock Street Church Expands with Major Building Plan
Braddock Street Methodist Church plans a multi phase expansion with a $250,000 educational building and a later sanctuary on the Barton property at 106 South Washington Street. A May 1956 fund campaign led by the Department of Finance and Field Service will raise funds for the first unit. Building and finance committees have been formed to oversee architects, plans, and survey work. Garbage and bus notice: no collections Christmas week with altered pickup after December 29. MARVEL W. ADAMS 127 N. Cameron St.
MENTIONED IN THIS ARTICLE
Braddock Street
Department of Finance and Field Service
National Missions
The
Board of Missions of the Methodist Church
Philadelphia
Alton E. Lowe
South Washington Street
John H Rosenberger
Dudley C Lichliter
James D. Shockey
John J. Hawse
Ferman W. Perry
John L. Glaize
Andrew J. Bowen
Hardd D. Patton
Dr. Tunstall C. Powers
Robert D Glaize
Hoye L. Riley
Taylor L. Barr
Roy B. Wickes Jr
Joseph E. Butler
Marvel
W. Adams
N. Cameron St
Cold Arctic Blast Marks Official Arrival of Winter
Winter arrived as arctic air drove temperature to 11 degrees the coldest since last January 28 when it hit 2. The solstice day also marks the shortest daylight of the year as residents seek daytime shopping to cope. Forecast calls for clouds and milder conditions tomorrow despite cows and wells feeling strain from low cistern levels. Farmers hope for snow cover to protect winter wheat amid persistent precipitation drops since August.
MENTIONED IN THIS ARTICLE
Ralph Call
Winchester Retail Merchants Association
Cain
U.S. Naval Observatory
Washington
D. C
Associated Press
Virginia forecast and holiday notices in Winchester
The excerpt notes a Virginia forecast with cloudiness and warmer temperatures tonight, with regional low highs and a крат. It includes December 22 Winchester sunrise and sunset times, winter begins, a Christmas poultry notice, Rockingham Poultry holiday closure, bakery specials, and holiday greetings from Ward's Pastry Shop and Clearbrook Serv. Station.
MENTIONED IN THIS ARTICLE
Winchester
Ward
Clearbrook
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Checkerboard Feed Store
Schewel Furniture CO
Shaw’s and
Schrafft
Shirkey’s
City
Schewels Winchester
Cammer Tire CO
S. Braddock St
P. W. Plumly Lumber CO
Willow Lawn Farm
Southern Tire Service
Handley Campus
Thurs
Tle
E.U.B
Ford Foundation
Broad
Chamber
George Washington
Shenandoah College
Evangelical United Brethren Church
Marvin Gore, Jr
Frederick
Clarke
United Oil
Rexall
Beaver’s Drug Store
Triangle
Peoples Service
Bill Boyce
West
Braddock Street Church
Grove
Grove Furniture CO
Rockingham