Hike in Car Prices Seen as Steel Costs Mount
Washington secretary of the treasury Humphrey testified before the Senate Finance Committee that steel price hikes will push up costs for autos and many other items. He estimated auto prices could rise by about 16 to 22 dollars per car, with broader effects on housing, mortgages, and consumer goods. He linked the rise to a seven month wage increase and cautioned that higher interest rates may follow, affecting homes and the economy.
MENTIONED IN THIS ARTICLE
Washington
the Treasury
Humphrey
Arends
Eisenhower
National Steel Corp
Eene
Long
Princeton's New Chief Only 37
Dr. Robert F. Goheen was sworn in as Princeton University's youngest president, succeeding Harold W. Dodds. The 37 year old educator, promoted from classics, takes the top post after 24 years of Dodds' presidency as about 350 attend the Nassau Hall ceremony.
MENTIONED IN THIS ARTICLE
Princeton
Robert F. Goheen
Princeton University
Harold W. Dodds
Dodds
Nassau Hall
Chile Copper Mines May Cut Production
American copper companies operating in Chile may be authorized to cut their scheduled 1957 production by 10 percent, a high official source said Monday. The move is under careful government consideration due to a drop in the world price of copper attributed to surplus stocks.
MENTIONED IN THIS ARTICLE
Santiago
Chile
Yugoslavia To See U S Supermarket Display In Zagreb
In September Zagreb will host a grand fair featuring the first American supermarket in a Communist country. The "Supermarket U S A" display will be stocked with equipment and stock from the National Association of Food Chains in cooperation with the Department of Commerce. No merchandise will be sold.
MENTIONED IN THIS ARTICLE
Washington
Zagreb
Yugoslavia
U.S.A
National Association of Food Chains
Department For Commerce
Also Mentioned on This Page
Senate Finance Committee
Sen
D-La
Inti House
Rep
R-Ii
Hiram
Hiram Walker & Sons Ing. Pecua
U.S
Huway
Pine Avenue
Piter Power
Viceroy
America
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