Chamber Economist Sees 1956 as Brightest Year Yet
The U S Chamber of Commerce chief economist predicts 1956 will be the biggest year and prosperity will carry into 1957 after reviewing 15 industry reports. Dr Emerson P Schmidt says the forecast stands even if Eisenhower withdraws from re election with a potential confidence shock but quick recovery in fundamentals. Executives from 14 trade associations and a banker spoke at the midyear symposium noting mixed views on housing, autos, and overall growth.
MENTIONED IN THIS ARTICLE
Chamber Economist
Washington
U. S. Chamber of Commerce Today
Emerson P. Schmidt
Eisenhower
Schmidt
Chamber
National Automobile Dealers Assn
Justin Bowersock
Union Trust cites economy needing a boost to avoid recession
Union Trust Co no Washington warns the economy will require a shot in the arm to prevent a downturn. Bowersock urges tax relief or easier monetary credit, or both, while the administration shows little chance of tax cuts this year and the Fed likely maintains current policy. The banker warns of a longer and deeper business downturn than mild estimates.
MENTIONED IN THIS ARTICLE
Bowersock
Frances M. Ford 102, author of The Little Engine That Could
Frances M. Ford known as Uncle Nat died in Philadelphia at 102. She wrote The Little Engine That Could in 1911, later earning royalties 43 years after. A Elmira native, she married Frank Ford in Janesville, lived in Omaha, worked as a newspaper reporter, and edited the Chicago Daily News children's page for 18 years. She is survived by two daughters six grandchildren and eleven great grandchildren.
MENTIONED IN THIS ARTICLE
Philadelphia
Frances M. Ford
Nat
Elmira
N.Y
Graveside services in Athens for Charles McDaniel
Graveside services are to be held today at City Cemetery in Athens for Charles M. Mc Daniel 65 who died Thursday at the Veterans Hospital in Johnson Town. The body arrives at 10 26 a m and will rest at McDonnell Service Funeral Home Chapel until the 2 p m service conducted for members of Lakin Garth Post.
MENTIONED IN THIS ARTICLE
Athens
City Cemetery
Charles M. McDaniel
Veterans Hospital
Johnson
Town
McDonnell Service
Funeral Home Chapel
Lakin Garth
Stockyard Sale Highlights Various Veal and Beef Lots
A large stockyard sale reported multiple lots with buyers including Pearl Packing Co. and Gold Merit Packing Co. with prices from 14 to 22 cents per pound and weights from 200 to 990 pounds. Buyers included Madison Indiana Pearl Packing Co. Athens and Falkville sellers J F Royer J W Counts Tom Bowles W L Speegle John Evans and Florence Packing Co.
MENTIONED IN THIS ARTICLE
The
Valley Magiciane Etenten
J. F. Royer
Decature
Pearl Packing Co
Madison
Ind
J. W. Counts
Mr. Hopé
Tom Bowles
Decatur
Gold Merit Packing Co
Jacksonville
Jack Christopher
Athens
Gold Merit
W. L. Speegle
Falkville
H. G. Garrett
John Evans
Florence Packlig Co
Nashville
Dawkins ends debate over beer permit in Montgomery
State Liquor Board Administrator Melvin Dawkins said he would not comment further on a disputed Russell County beer permit issued this week. Sheriff Lamar Murphy vowed to push for revocation of the license for W M Buddy Jowers, who runs a Phenix City grocery station.
MENTIONED IN THIS ARTICLE
Montgomery
Melvin Dawkins
State Liquor Board
Russell County
Dawkins
Lamar Murphy
W. M
Buddy
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Lott’s
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Sterchis
Wee Automatic
Mary Ann Conway
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