Government tightens credit to slow surge into 1956
Sylvia Porter explains official policy to spread the current upswing by making credit costlier and banks more selective. Rising interest rates and reduced bank lending follow Federal Reserve actions and Treasury coordination, aiming to curb excesses while the boom endures.
MENTIONED IN THIS ARTICLE
Sylvia Porter
New York
Washington
Treasury
Federal Reserve System
Wall Street
The
U.S. Treasury
GM Lags in Arms Supply as Aviation Firms Gain
The Pentagon released a delayed report showing GM's military contracts shrinking by 58.9 million since June 1953 while Boeing, Douglas, United and other aviation firms secured more than 3.5 billion in new awards. The data indicate aviation expansion outpacing ground equipment orders after the Korean War.
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Washington
INS
Pentagon
General Motors
United
Douglas
North American
Boeing
Russia
Defense
Charles E. Wilson
Defense Department
General Electric
Chrysler
Westinghouse
Studebaker
American Locomotive
Ford
United Aircraft
Millio
North
Safe Drivers on Virginia Highways Promised by State Police
Richmond report quotes state police claiming traveling salesmen are the safest drivers on Virginia roads with no traffic fatalities recorded.
MENTIONED IN THIS ARTICLE
Richmond
Diamond supply claim highlights rica's dominance
A report notes that around 95 percent of the world's diamond supply originates from rica, underscoring its central role in the global diamond market and shaping economic dynamics for buyers and firms worldwide.
MENTIONED IN THIS ARTICLE
Rica
Manhattan Magic Is That Of Always Young Town
Hal Boyle reports on Manhattan’s enduring appeal driven by youth and constant renewal. The piece contrasts suburb flight fears with relentless postwar growth, noting dense office space, new apartments, and the U.N. presence, while celebrating Manhattan’s mythic charm and ever changing vitality.
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Manhattan
Hal Boyle
New York
New York City
Hudson
Peraps
Wall Street
Midtown
U.N
Greece
Man ‘Hattan
Package Billions
CHICAGO AP report says American business will spend 10 billion dollars this year to promote its products per the American Management Association.
MENTIONED IN THIS ARTICLE
Chicago
American Management Association
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Glamour
Ladies
Journal
Weing Road
Shaver Park
Cedar Rapids
Armstrong
Manhatt
America
Paris
London
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Adverti
Ement
Eee! Inc
Gas-O- Matic
Specialty Heating Service Co., Inc
Iiten
10Th St. S.W
Standard Appliance Company
Standard Appliance CO
Second Avenue
Tenth Street