FTC Revives Broadens Wonder Drug Price Inquiry
The FTC restarts and widens its probe into antibiotic prices, sending new questionnaires to 18 producers. Officials seek cost justifications for high prices and price stability in established antibiotics, noting a billion dollar industry and rapid growth since World War II. The inquiry aims for completion by August.
MENTIONED IN THIS ARTICLE
FTC
Wonder Drug
Washington
The
Federal Trade Commission
Senate Commerce Committee
Soviet Leaders to Open Talks in Finland
In Helsinki, Premier Nikolai Bulganin and Communist Party chief Nikita Khrushchev arrive for talks on Finnish Soviet trade and relations. Ambassador Lebedev says no outstanding problems exist and a pleasant week is planned, with discussions likely on NATO neutral issues and atomic warfare plans in Western Europe. The 1948 mutual aid pact between Finland and the Soviet Union has been extended for 25 more years.
MENTIONED IN THIS ARTICLE
Helsinki
Finland
Nikolai Bulganin
Communist Party
Nikita Khrushchev
Victor Z. Lebedev
Soviet Union
NATO
Norway
Denmark
Scandinavia
Actress Janis Paige Wins Divorce From Arthur Stander
Actress Janis Paige testified she endured jealousy and cross examination during her marriage to television producer Arthur Stander. The 33 year old Paige and Stander, 40, wed January 18, 1956, for the second time.
MENTIONED IN THIS ARTICLE
Santa Monica
Calif
Arthur Stander
Janis Paige
Stander
Miss Paige
New Foreign Aid Bill Could Be Ready This Weekend
Senator Mansfield says the Senate Foreign Relations Committee will likely finish action on a new foreign aid bill this weekend. He expects the Eisenhower request of 3.865 billion dollars to be trimmed by hundreds of millions and previewed for annual congressional review.
MENTIONED IN THIS ARTICLE
Washington
Sen
Mansfield
Mont
Senate Foreign Relations Committee
Eisenhower
Defense Department
Memorable Tuesday Births Highlight Osborne Family
Mrs. Robert M. Osborne delivered an 8 pound 4 ounce boy on Tuesday in Richmond. The Osborne family shares ties to Tuesday births and anniversaries with Mrs. Osborne’s brother, mother, and parents Mr. and Mrs. W. M. Cooley all linked to Tuesday events.
MENTIONED IN THIS ARTICLE
Richmond
Robert M. Osborne
New Flood Threat in Southwest Texas and Oklahoma
Swollen by weeks of rain Lake Texoma poured torrents down the Red River threatening floods in Texas Oklahoma and Arkansas. Texoma would crest near Denison at about 643.5 to 644 feet with 95 000 cubic feet per second released as inflow reached 105 000. Three tornadoes and heavy rains accompanied rising waters across the region hitting Dallas Fort Worth and Oak Cliff with up to three inches in an hour.
MENTIONED IN THIS ARTICLE
Dallas
Texoma
Red River
Texas
Oklahoma
Arkansas
Army
Texas-Oklahoma
Here
Denison
Tex
Red River Valley
Fulton, Ark
Red
Hugo
Oklia
U. S. 271
Altus
Okla
City Lake
Grand
Fort Gibson Lakes
Grapevine Lake
Dallas-Fort Worth
Gulf of Mexico
Freeport
Quintana
Brazos River
Houston
Gulf Coast
Waxahachie
Oak Cliff
Childbirth Does Not Cause Mental Illness Says Doctors
A medical team reported at the American Medical Association meeting that having a baby does not induce a specific mental illness. They noted childbirth can trigger distress in already unstable women and a "college psychosis" comparison was used to illustrate life changes as stressors.
MENTIONED IN THIS ARTICLE
New York
American Medical Assn
Mary Alice White
Curtis T. Prout
Carl Fixson
Marvin Foundeur
New York Hospital-Westchester
White Plains
N.Y
Westchester Hospital
Forecast of Rising Federal Spending Without Tax Cuts
A panel told a Senate House Economic subcommittee that federal spending will rise steadily in coming years with no room for tax cuts. Dr Gerhard Colm forecast 1959 spending at 75.3 billion and 1958 at 72.8 billion, barring a postal rate increase. Defense outlays drive the upward trend.
MENTIONED IN THIS ARTICLE
Washington
Senate House
Eisenhower
Gerhard Colm
National Planning Assn
Budget Bureau
Coli
Congress
Edwin B. George
Dun and Bradstreet
Colm
Senate
Asst
Wilfred J. McNeil
Kenny Campaign Chairs Picked Across Five Midwest States
The Sister Elizabeth Kenny Foundation names state chairs for the 1957 annual fund drive. Minnesota aims for 556000 dollars, Iowa 80000, North Dakota 50000, South Dakota 50000, Wisconsin 70000 with Aug 12 start date.
MENTIONED IN THIS ARTICLE
Minneapolis
Sister Elizabeth
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Hollister
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International Cooperation Administration
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Marshall Tito
Blue Cross
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Blue Shield
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Nilan Printing CO
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Sune
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Waffle Baker & Grill