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Newspaper
Lawton Constitution
Location
Lawton, Oklahoma, United States of America
Date
Apr 30, 1957
Page
3
April failed to lift business with mild conditions and weak new orders. Wall Street optimism centers on Labor Day pickup as earnings rise modestly while many firms cut inventories and shorten workweeks. Steel shows mixed results though prices stay firm in oil and aircraft sectors. Merchants report trade ahead of last year mainly due to higher prices.
President Eisenhower proposes transferring the Reconstruction Finance Corp assets and liabilities to other agencies and liquidating the agency by June 20. The RFC, born in 1932 to aid banks, g rew from crisis lending to a controversial symbol of the New Deal era.
Fort Sill's VFW Post No. 5263 installed Peter Matuck as commander for 1957 58 at ceremonies Saturday night Other officers were installed including Donald E B Cross Meade Willcox Robert J O'Neill Franklin Swain R B Olive Marion W Green and Robert E Martin for terms and Raymond E Rust acted as installing officer About 100 attendees followed by a luncheon served by the women's auxiliary Also note a separate rail fare tidbit and subscription rates text appears among the readables.
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