Treasury report shows large withdrawals and deposits this year
Washington report notes yearly changes in treasury accounts with withdrawals and deposits totaling hundreds of billions. Public debt figures rise to over 273 billion while cash balance and other items are listed. Congress sends to the White House a bill offering federal grants up to 50 million dollars annually, up to 500 million total, to states and municipalities for sewage and waste treatment construction.
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Treasury
Washington
Tung
Congress
Whit House
U S Car Production Set To Dip Four Percent
Detroit automotive news reports U S car production this week will drop about four percent from last week totaling around 10 100 862 units. The trade journal notes closures Friday will cap half-year output near 9 282 units for 1956 versus 4 087 158 in the first half of 1955. Auto News estimates weekly output at 19 658 units, down from 21 750.
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Detroit
Tvs
Automotive News
U. S
the Trade Journal
Auto News
Industrials Fall as Steel Stocks Lead Decline
New York stocks edge lower as steel mills prep for a possible strike this week. Bethlehem Steel and U S Steel drop while Dow Jones Industrials slide, rails off, and utilities retreat after a volatile session. Major pivoters like Dupont Anaconda and Chrysler post losses, with Penn Dixie among gains in uneven trading.
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Ues
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Stoc
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Ibe
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Penn
Dixie
Dupont
International Nickél
Chrysler
General ~ Motors
Ford
Hooker Electrochemical
Robert Gair
Texas
Boeing, Aluminum, Ltd
General| Electric
United Aircraft
GM Executive Changes Told
Detroit General Motors announced executive reshuffles across Chevrolet and Pontiac divisions. Thomas H. Keating moves from Chevrolet general manager to lead the passenger car division, with Edward W. Capron as the new Chevrolet general manager. Robert M. Critchfield becomes head of process development, and Semon Knudsen transfers from the Delco engine division to Pontiac to replace Critchfield.
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Fisi
General Motors
Chevrolet
Pontiac
Thomas’ H- Keating
Dent
Ao Prdet
Edward W. Cale
Robert M
Critchfield
Pontiac -Penyerae
General Motors Technical Certion
Semon E.knudsen
William 5
Knudsen
Haseneral
Deel Engine
Savings Firms Declare Rates
Directors of the Berkeley Savings and Loan Association and the Pioneer Investors Savings and Loan Association this week voted to declare a three percent interest rate for the period ending July. Pioneer operates a Hayward ranch and the Berkeley Association has an office in Center Alle.
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Berkeley Savings, and Loan Association
Pioneer Investors Savings and Loan Association
Agin
Pioneer
Hayward Ranch
Berkeley Assoparle
Center- Alle
Reuther Defends UAW Lobbying Against Gas Bill
Walter Reuther accused oil and gas interests of being “long on cash, and short on honesty” for lobbying to veto the natural gas bill. He testified before a Senate committee that the union spent 38,762 on radio ads and pamphlets while opponents used far larger resources.
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INS
Walter Reuther
Senate
Nvesti
Reuther
Eader
Oil and Gas Industry
Natural Gas and Oil Resources Committee
Streifford Named Berkeley Savings Vice President
D Streifford, secretary of Berkeley Savings and Loan, is named vice president and manager by the board. He replaces Donald W Mitch al who will join the staff of the San Francisco Federal Savings and Loan. Streifiord has 12 years with Berkeley Savings in Berkeley and previously worked 11 years with Pioneer Investors Savings and Loan in San Jose.
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Vern “D. Streifford
Berkeley Savings and Loan Association
Soarc
Ube
Donald W. Mitchal
San Francisco
Wes
Pioneer Investors Savings and Oan Association
San Jose
Bankruptcy Rule Uniformity Proposed at Ninth Circuit Meeting
Attorney Fran Quittmer of Los Angeles urged Congress to enact nationwide uniform bankruptcy rules. He spoke yesterday at the Ninth Federal Judicial Circuit conference, where he chairs the committee on bankruptcy legislation.
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Los Angeles
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