Price Trends Split as Slump Persists Across Sectors
A NY report notes industrial prices edging down amid a business downturn while Fed bank leaders doubt consumer prices will decline. Purchasing agents see modest cuts. bankers warn wage price spirals and policy barriers may keep inflation entrenched. Talks in auto and steel sectors could set patterns for 1960s wage contracts.
MENTIONED IN THIS ARTICLE
National Association of Purchasing Agents
Detroit
Federal Reserve
Indonesia Rebels Claim Air Raids Nationwide
Indonesia's rebels announced air strikes against Sukarno forces and said they captured the World War II Morotai air base, defining a second front far east of their North Celebes base at Menada.
MENTIONED IN THIS ARTICLE
Singapore
Indonesia
Sukarno
Sumatra
Morotai
Celebes
Menada
Juvenile Crime Seen as Britain’s Big Problem
London AP report on rising juvenile crime as Lord Muncroft warns Parliament that Britain's teens threaten to overwhelm prisons and reformatories. Data show inmates under 21 rose from 2,600 to about 4,000 since 1956 with increases in indictable offenses like murder burglary and theft.
MENTIONED IN THIS ARTICLE
Bernard Lamty
Britain
Edwin Shanke
London
Lord Muncraft
Wiese
Muncroft
Business Leaders Expect Sales To Rise In 1954
Fortune magazine surveys show about 60 percent of 240 manufacturers anticipate rising sales in the next 12 months despite the recession. Executives expect their own output to grow, while overall economy projections point to a gradual upturn as the Federal Reserve measures climb from 130 to around 140 by early 1954.
MENTIONED IN THIS ARTICLE
New York
America
Fortune
Federal Reserve Board
Quartey
Hypnotized Youth Warned May Seek Self Amusement
A fragment warns that youngsters may abandon parental guidance and seek amusement on their own, risking straying into criminal behavior or prison. The remark suggests a social concern about youth independence and potential legal consequences.
Also Mentioned on This Page
Sam Dawson
Federal Reserve Banks
T He Auto
Colombo
Ceylon
Verdi
F. Lenzen
Agency
Amer. Bldg
Craemer’s
Kat
Helena Rubinstein
Toni
Craemer's
Santh
Hirt
Viscount Templewood
Home Secretary
Lord Moynihan
Uun
Arlon
Rose Derry
Landis
Gus
Bits
Russ Landis
Presier
First Avenue
Cedar Rapids
Iowa
Empire
Baby
Graemer
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!