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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Jul 17, 1959
Page
5
New York prices drifted lower as steels, motors, and rails declined amid a broad market correction. Major carriers and steel issues fell while Keystone Steel & Wire rose, with aircraft and farm shares mostly down and various commodities in Baltimore and Chicago reporting mixed moves.
Miss New Mexico Sue Ingersoll, 22, arrived with over 70 contestants for the Miss Universe pageant in Long Beach California. She defied Archbishop Edwin Byrne’s ban on Catholic girls entering bathing suit contests and said bathing suits are not improper dress. The crowd greeted the arrivals as the band played California Here I Come.
Market report lists hogs, veal, sheep, slaughter cattle and stock feeder cattle prices. Also mentions eggs production and a university pageant with Miss Ingersoll note, plus a Christian Science context and Mary Baker Eddy reference.
The Associated Press average of 60 stocks at noon fell 50 cents to 230.60 as industrials slipped 80 cents rails lost 60 cents and utilities down 20 cents. U.S. government bonds eased.
The Star notes local markets are corrected regularly and disclaims responsibility for any typographical errors that may occur.
Conferees in Washington finalize a 3.0 billion foreign aid bill with a two year shift of military aid to the Defense Department budget. The agreement, a compromise between Senate and House versions, aims at funding through July 1960 and 1961 with development loans aboard and NATO clause adjustments. The action remains tentative pending today's session.
In Henderson North Carolina twelve Fenklin County men were chosen after three days of screening to hear evidence in a dynamite conspiracy case against eight Textile Workers Union members led by Boyd E Payton. The jurors will be guarded as attorneys screen a fifth venue for two alternates amid a tense strike at Harriet Henderson Cotton Mills. National guardsmen have been activated during the labor dispute.
U N undersecretary Bunche says the West Side Tennis Club statements end the race bias tale. He plans to inform New York City Intergroup Relations at a closed meeting that neither he nor his son were eligible for membership due to race or religion.
In Maywood, outside the U S Steel Co plant a field office was set up for pickets with water and power lines supplied by the company. Robert Paige, local union chairman, and plant superintendent Otto Oster were seen smiling across a high fence as Paige quipped about their rivalry. Kuala Lumpur meaning Muddy Mouth is noted as the capital of Malaysia where two rivers meet.
President Mitchell met with Eisenhower’s cabinet to review the steel dispute. Federal mediation chief Finnegan traveled to report on New York talks with both sides and has no further meetings scheduled until next week.
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