Two Big Economic Mysteries Posed By Steel and Auto Industry
NEW YORK The two major industry questions looming over the economy involve steel prices after a higher wage scale takes effect and whether Detroit car makers will strike if no new labor contract is signed before 1959 models roll out. A steel price rise could ripple to consumers and affect profit margins if mils pass costs along. analysts note demand uncertainty may limit hikes to 4 or 5 dollars per ton, with inflation risks if wage and price moves accelerate.
MENTIONED IN THIS ARTICLE
New York
Detroit
Reuss Donates Gift to Milwaukee Public Museum
Rep Henry S Reuss of Wisconsin will donate a hand carved ebony warrior statue with spear and shield to the Milwaukee Public Museum. The six inch figure, valued by customs at 25 dollars, is estimated by Reuss to be worth 50 dollars or more, reflecting his policy of not accepting gifts over a few dollars.
MENTIONED IN THIS ARTICLE
Washington
Sherman Adams
Henry S. Reuss
R - Wis
Milwaukee
Pia
Reuss
Woman Killed By Falling Masonry In Detroit
A seventh story cornice collapsed on Woodward Avenue in Detroit injuring two others and killing Myrtle Taggart 79 a widow. Heavy cement chunks showered the sidewalk as rush hour crowds dispersed. Rusted rods were blamed for the failure.
MENTIONED IN THIS ARTICLE
Detroit
Woodward Avenue
Myrtle Taggart
Woman doubles her money with Tribune Want Ad
A La Crosse woman invested $1.00 in a Tribune Want Ad to advertise unwanted items. By morning all items sold and her profit reached eight times the ad cost, an 800 percent return. This is another example of how WANT ADS WORK.
MENTIONED IN THIS ARTICLE
la Crosse
Tribune
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