Wall Street Gossip: Fall Recovery Seen Unlikely in 97
Wall Street gossip cites Elmer C Walze and the Vermont Ruminator editor Humphrey B Neill, noting monetary curbs slowing the boom and a delayed, slow to follow downturn. He predicts a second stage of restrictive policy will bring pronounced recessions across economy segments and cautious consumer spending.
MENTIONED IN THIS ARTICLE
Elmer C. Walze
United Press Financial
Wen Yore U
New York
New Hampshire
Vermont
Humphrey B. Neill
Treasury Withdrawals and Deposits Compared to Last Year
Treasury report shows year to date withdrawals and deposits through August 14 totaling 6.401 billion dollars, compared with 3.494 billion a year earlier. Figures include miscellaneous payments and receipts, with notable data likely incomplete due to OCR errors.
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Washington
Treasury
Vugsissa Ssaaneazt
Escape Short For 3 Youths At Chabot Camp
Three youths escaped from the Chabot Boys Camp Juve le Hall on Saturday. Two 7-year-olds were missing from 4:45 am bed checks and briefly stole a car, taking Byron Russell’s vehicle on a layover to Foothill Boulevard. They were recaptured minutes later. a 14-year-old San Leandro boy was reported missing at 10:20 pm bed check.
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San Leandro
Chabot
Juvele Hall
Byron ©. Russell
van Ave
Sol St
Jan Ave
Korean Army to Be Cut in Economy Move
In Seoul United Nations commander Gen G H Decker says cuts to reduce the 600000 man ROK army are aimed at economy. He notes the army could peak at 20 divisions but will be reduced this year despite North Korea threat concerns. Police report thefts of valuables valued at 440 dollars and 780000 man army remains a central political issue for President Rhee.
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Ind
Columbia Broadcasting 4A
Ithese
Zell
Calif
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MI Inc
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Hudbor Bay Mul Mess
Doy
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Igaiser Alin
Icial
Tual Enanerly
Marchant
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Steel
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Ai Piper Yucky
Philips
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Taio ‘Cai Port
I3ty Republic Bata
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Metal Ague
Regis
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Rane
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SAN_FRANCISSO
Oakland
Los Angeles
Berkeley
Seoul
United
North Murday
Ray C. King
Korea
Fisser Morison
Seventh St
Decker
Morison
Milne
Syngman Rhee
US accuses Hungary of terror and repression
The United States charges Hungary under Premier Janos Kadar with a systematic campaign of terror against the Hungarian people, including jailing thousands, and condemns repressive police actions as UN plans a special session to discuss Moscow’s suppression of the Hungarian revolt. The State Department marks St. Stephen's Day with a strong memorial note.
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Washington
INS
Hungary
Janos Kadar
State Department
St. Stephen's Day
General Assembly
Russia
Remote control railroad switch sets record distance
Jacksonville office operator can set a switch and signals from 408 miles away, claimed as the greatest distance in the United States for remote control of railroad switches and signals.
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Jacksonville
Fla
Seaboard
Ami
United States
Rights Bill Vote Predicted Soon
Speaker Sam Rayburn predicted the House would vote by weekend on a compromise civil rights bill despite delays by Rules Chairman Howard W. Smith. Smith refused to convene the committee to bring the Senate’s amended bill to the House floor, forcing Democrats to maneuver to bypass him. Rayburn aimed for a Saturday floor vote to accept the Senate bill with one House imposed amendment limiting jury trials in voting rights cases in lower courts.
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Washington Ily
Sam Rayburn
House
Rules
Howard W. Smith
Val
Senate
Rayburn
Elsinhowarinisvation
Senate Labor Rackets Committee
Congress
Senater
Neil A. McElray
Defense
Charles E. Aon
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