Outbreaks of Asian flu sweep across states and cities
National Indian Health Service style reports and AP survey show Asian flu infections rising in 24 states plus Washington DC, with New York City noting a higher death rate. Officials say holiday school closures hinder measuring impact. most cases mild, but tied to widespread transfers. 15,000 north Georgia cases mostly in Atlanta. Documentation of Asian flu spans Michigan to Georgia, with several states reporting provable or possible infections.
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Patman Lands Order Raising Bank Reserves Balance Pivot in Pineapple Trade
Washington and New York reports say the Federal Reserve Board ordered banks to raise reserves in weeks ahead, curbing credit growth. Rep Patman denounced the move as too aggressive, while Rep Reuss called it prudent to slow money expansion amid Cuba Mexico pineapple talks. The policy aims to reduce circulating money by about 550 million dollars, tempering inflation pressure without derailing business loans.
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