World Markets Slump as Postwar Boom Grinds to Slow
The article surveys global stock declines with Toronto and Brussels near 20 percent drops and Amsterdam and Tokyo easing after a long bull run. It cites Sylvia Porter warning of a looming recession as world markets falter, with U.S. stocks down about 15 percent from highs and confidence eroding across major economies.
MENTIONED IN THIS ARTICLE
Sylvia Porter
New York
U.S
Matler
Wall Street
Holland
Albany
Amsterdam
Tokyo
Free World
London
Bombay
Global markets warn of deflation risk and uneasy allies
The text notes deflation threats from credit restrictions and central bank limits, with stock markets turning down globally. It highlights allied anxiety over the American economy and a fragile path between inflation and deflation, while flagging mixed stock declines across major markets including Tokyo and Paris.
Cashier Arrested On Embezzlement
FBI agents arrested a bank cashier in Quincy on discrepancies totaling about $24,000. The assistant manager, named Yonuid KR Banvert, was taken into custody as part of an embezzlement investigation at the He Swath Side Bank.
MENTIONED IN THIS ARTICLE
JCS
Bern
Allen Motor CO
Ong Tate
Verholders
Reac Tosb
Fovkholders
Coreean Presiden
Cerne Rapplds
Iowa
Heron Wo Alten
Secreta Teraciee
Cedar Rapids
Storkholders
Ortaher
Allen
Quincy, In
FBI
Saduer
He Swath
Bank
Quines
Also Mentioned on This Page
Geneva
Toronto
Brussels
Corre
Mideast
Russia
Stacks
Sputnik
Bining
Thant
West Germany
Paris
Rome
Suttle
Kome
City National
Valenta
Pichicas
Valenta & CO
2Nd Ave
Orion
Coats
Pius
Ceil Chapman
Esso
THES
First Avenue
TY Pictures
Eost
Nel
Ants Radio Doc the
Second Avenue
Dial EM
Hotel Roosevelt
Galey
Lord
ORSON
Young Men’s Store
Bostonian
Mansfield
Boston Ay Juniors
Shoe Department
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