1956 Boom Defines Economy Yet Holds Soft Spots
1956 saw record business activity driven by brisk capital spending and strong consumer demand led by wage gains and employment. Yet tight credit and inflation concerns tempered housing and auto markets while Middle East tensions and Suez uncertainties haunted Wall Street. Detroit foresee 1957 as a banner year with millions employed and rising prices amid higher output.
MENTIONED IN THIS ARTICLE
Walter Breede JR
New York
Mr. Ablanca
Federal Reserve Board
Middle East
Suez Canal
Wall Street
Soviet Students As Red As Ever
Moscow responds to Allen Dulles warning that Soviet youths remain staunchly Communist. Students denounce the CIA chief's Princeton speech as lies and slander and pledge to stay Red. A Komsomol Pravda letter from Moscow Power Institute says they will not waver and aim to improve life in their socialist system.
MENTIONED IN THIS ARTICLE
Moscow
Allen Dulles
U.S. Central Intelligence Agency
Princeton University
Dulles
Komsomol Pravda
Moscow Power Institute
Another Thousand Japanese Released By Soviet Captors
Maizuru Japan reports 1025 more of Japan's lost legions are home as Welfare Ministry notes at least 10000 remain missing in the Soviet Union from the Manchurian collapse and end of World War I era fighting. The Soviet Union says it has returned 769644 Japanese prisoners and civilians with few remaining, despite Japanese claims.
MENTIONED IN THIS ARTICLE
Maizuru
Japan
Want Ads GE Results Five-Week Strike Cleared
July results show 1.1 million new homes started down 15 percent while total construction spending rises 3 percent to 441.8 billion. Steel output falls 1 to 2 percent and tonnage declines by 1.2 million tons in the period.
Ill Father Jailed After Kills Wife And Two Children
In Miami Florida Leslie Edward McClure 52 admitted fatally shooting his wife Ruth 41 and their two children Anna Laura 22 months and Leslie Edward II 7 months. He claimed the act followed by a plan to kill himself with a .22 pistol but was stopped by police. He is jailed pending a preliminary hearing after psychiatric tests.
MENTIONED IN THIS ARTICLE
Miami
Fla
George Brautigam
Leslie Edward McClure
McClure
Ruth
Anna Laura
Leslie Edward II
New Obstacles Delay Suez Work
Cairo raises new hurdle to faster canal reopening. Egypt insists Israeli forces must exit Egyptian territory before any debris clearance, signaling delays of weeks. UN aides Cordier and Katzin head to Cairo after Hammarskjold ordered from Christmas dinner to mediate. Israel withdraws from Sinai while Gaza remains under UN control. Egyptian navy clears mines but bans further clearance until Israel withdraws.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
U.N
Suez Canal
Nasser
New York
Dag Hammarskjold
Hammarskjold
Andrew W. Cordier
Alfred G. Katzin
Israel
Sinai Desert
Gaza Strip
U. N
Palestine
Suez Canal Authority
Also Mentioned on This Page
Detroit
H. Leon Reeves
Butane
Propane
Moulton
Ala
Olera
Es LP Gas
Decatur
Suez
Gulf
Gulf Power Crest
Gulf Power Par
Hogan's Gulf Service Station
6Th Ave
Moulton St
Service
N.E
2Nd Avenue
Decatur, Ala
Ernie
THE
Princess Theatre
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