Seismology Links Quakes to Price War and Aftershocks
Seismologists note widespread quakes and aftershocks from the Aleutian chain, while a separate report finds Americans increasingly relying on installment buying. The study, by the Federal Reserve staff, predicts installment debt rising to 13 or 14 percent of spendable income by 1965 as consumers finance travel and services.
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Eisenhower
Council of Economic Advisers
Federal Reserve Group
Tornado hits Montegut area causing injuries near Houma
A small tornado struck near Montegut Louisiana around 6 am today injuring several people in the town about 20 miles southeast of Houma. Rains and thunderstorms blanketed southeast Louisiana as coastal squalls persisted. The 1948 Boston Braves clinched the National League pennant by six and a half games over the Cardinals, with the Dodgers one game back. Vienna born actress Hedy Lamarr, seen as Joan of Arc, is making rare appearances to show she remains a noted beauty despite being married to a Texas oil baron.
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Houma
Montegut
Louisiana
Boston Braves
St. Louis Cardinals
Brooklyn Dodgers
Hedy Lamarr
Joan of Arc
Warner Brothers
Hollywood
Texas
Hedy
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