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Newspaper
Austin Daily Herald
Location
Austin, Minnesota, United States of America
Date
Jun 30, 1955
Page
4
Analysts foresee a prolonged expansion with wages rising and take home pay at a record high. Inflation may stay low while costs shift to manufacturers, and consumer spending could push retail sales to a record 175 billion dollars this year.
A Chicago barber proposed raising crew cut prices to 2.50 arguing the 30 minute service justifies a higher rate. He addressed 1 000 shop owners debating journeyman wage demands. Currently crew cuts cost 1.50 on weekdays and 1.75 on Saturdays.
A note from food science indicates that grapefruit kept in a refrigerator for about a week to ten days tends to develop a sweeter flavor. This storage period enhances natural sugars, boosting perceived sweetness.
Detroit reports the auto industry achieving the biggest six months in history. January through June output nears 4.0 million passenger cars with retail deliveries above 3.2 million and dealer stocks around 800,000. About 155,000 units were shipped abroad amid widespread new records in production and retail sales by most makers.
Hollywood producers warn the box office lacks true stars as a dozen or so names dominate currency at theaters. John Wayne Gary Cooper James Stewart Alan Ladd Bing Crosby Clark Gable and Humphrey Bogart are cited among the enduring draws in a tightening talent pool.
Egyptian and Israeli negotiators say they will resume talks on the Gaza frontier next week after a six hour session that failed to agree on an agenda. The United Nations proposed a four point plan including patrols and barbed wire fences along the line.
Ottawa reports a small federal tax cut taking effect for 3.8 million taxpayers, about 10 percent this year with six months left. Officials claim taxes stay below U S levels, citing examples for a single man earning 5000 dollars and a married couple with two children. They note differences in sales taxes and state taxes, and mention U S tax-filing options and a note on health statistics from 1952.
Federal judge in Birmingham enjoined the University of Alabama from denying admission to two African American women. Arthurine J. Lucy and Polly Ann Myers Hudson planned to apply to the Tuscaloosa campus after being admitted by mail but later refused in person. The ruling follows the Supreme Court's ban on school segregation.
Actress Barbara Stanwyck was injured in a fall at her Santa Monica home. Doctors expect to learn today from X rays whether she fractured a vertebra after she tripped on a stairway and was hospitalized at St. John's Hospital.
The Hoover Commission concludes its two year term amid controversy over its power and water report. Dissenting members faulted the plan to curtail federal power. Holifield charged withholding key material, while the FDA warned against aiding Communist interests. The panel predicted multi billion dollar savings if all proposals are adopted, with 8 to 10 billion more possible from asset sales and tighter controls. The body will dissolve at midnight though a liquidation staff stays to wrap up details.
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