Snow Disaster Sways Nation Economy in a Crazy Quilt
New York dispatch analyzes the weekend snowstorm as an economic seesaw with both costs and gains. It cites multi million dollar cleanup needs in cities like New York, higher fuel bills for households, boosted utilities profits, and disrupted rail and retail sectors. Some industries benefited from demand while others faced losses. The piece notes oil, gas, and electricity usage rising, with transportation and farming impacts varying by region.
MENTIONED IN THIS ARTICLE
New York
New York City
Ohio
Air Force Pursues Million-Pound Thrust Rocket Engine
The Air Force disclosed it is developing a rocket engine with over a million pounds of thrust and researching a cluster arrangement to reach 1,500,000 pounds. The effort aims to enable manned space ships and large military satellites, highlighting a race with the Army and Russia. Maj. Gen. Medaris cited a three-year push as necessary to stay in the race. Air Force secretary Horner revealed secret testimony to the House committee.
MENTIONED IN THIS ARTICLE
Washington
Air Force
Army
Soba
Russia
John B. Medaris
Army Missile Program
Tola Senate
Richard ©. Horner
House Armed Services Committee
Ex Aide Absences Questioned by Senate Subcommittee
The Senate investigations subcommittee reported that Robert A. McDonald, a deputy assistant secretary of defense for property and installations earning 16000 a year, spent twice as many office hours on his company as on the government. McClellan noted unauthorized absences and asked for a review of pay and leave to determine if reimbursement is due. McDonald resigned as board chairman of Asbestos Construction Co. but remained majority stockholder. no government contracts were cited. He averaged three trips monthly to New York after July 6, 1956 for firm affairs, without official leave.
MENTIONED IN THIS ARTICLE
Washington
Senate Investigations Subcommittee
McClellan
McDonald
Secretary of Defense
Asbestos Construction Co
New York City
MacDonald
New York
McDonald's
Seven Million Dollar Miami Loan Fraud Indicts Four Civic Leaders
Four Miami executives including Meyer Abess Kennedy and Becker face a nine count federal indictment over a 7 million loan scheme tied to real estate and builder loans. The men resigned from leadership roles at the Miami Beach Civic League and related banks. they call the charges unfounded and await trial as bond is set.
MENTIONED IN THIS ARTICLE
Miami
Morel
Meyer
Oan Association
Abess
Becker
U.S
U. S
James ‘L. Guilmartin
Kennedy
Seph P. Lieb
Ape de Ae Meyer
Thendset
Miamimentsee
Eae Eooper
Ernest F. Shad, Inc
Jacksonville
Shad Corporation
Industrial National Bank
Harrison woman wins mink stole at style show
Mrs. Joe Miller of Harrison Arkansas bought a mink stole then attended a style show where she won the grand prize, a mink stole.
MENTIONED IN THIS ARTICLE
Little Rock, Ark, UP
Joe Miller
Harrison, Ark
Also Mentioned on This Page
New Jersey
Texas
Georgia
Giant Engine
Leonard L. Abess
North Shore
Bank of Miami
Miami Beach
Wuart
Mette
Emooth Bellows Partners Choice
Wriskey
Alcom
Bellows
Bellows & Company
Louisville
National, Distillers Products Company
Ae Ts USA
Ene
Orange Ave
Lake Wood
W. B
Bray
Moy Ce
Lakewood
Lakewood Blvd
Lakewood, Colif
California
United Parcel Delivery
Gan
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