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May 25, 1947

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Headlines from May 25, 1947

Stock Market's Recovery May Signal Hint of Fall Rebound in Industry and Business

By Robert H. Fetridge

The refusal of the stock market to penetrate last week the low levels of 1945 and the subsequent rebound which canceled out approximately one-half of the inroads of the previous week posed this all-important question: Has the market effectively discounted the business "recession," and embarked on a long-range viewpoint of expanded industrial and business operations later this year, or is this only an interlude such as was experienced from mid-April to early May?

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Notable Births

Karen Valentine

1947Karen Valentine, American actress[โ€ ]

Karen Valentine is an American actress. She is best known for her role as young idealistic schoolteacher Alice Johnson in the ABC comedy drama series Room 222 from 1969 to 1974, for which she won the Primetime Emmy Award for Outstanding Supporting Actress in a Comedy Series in 1970, and received a Golden Globe Award nomination in 1971. She later went to star in her own short-lived sitcom Karen (1975), and played leading roles in the Disney films Hot Lead and Cold Feet (1978) and The North Avenue Irregulars (1979).

Catherine G. Wolf

1947Catherine G. Wolf, American psychologist and computer scientist (died 2018)[โ€ ]

Catherine Gody Wolf was an American psychologist and expert in human-computer interaction. She was the author of more than 100 research articles and held six patents in the areas of human-computer interaction, artificial intelligence, and collaboration. Wolf was known for her work at IBM's Thomas J. Watson Research Center in Yorktown Heights, NY, where she was a 19-year staff researcher.