Mixed U.S. Business Week Shows Strength and Debt Concerns
The first week of August brought upbeat signals in industrial output with steel and electric power rising, but consumer debt hit a new peak and inventories climbed. Auto production fell as plants retooled, while personal income and employment hit records. Textile losses and a veto on a movie tax bill added caution, with wheat futures tumbling on quota worries.
MENTIONED IN THIS ARTICLE
Walter Bussewitz
New York
Dun & Broadstreet
United States
Federal Reserve Board
Department of Commerce
Commerce Department
Weashingtos
Census Bureau
American Woolen
Textron
Botany Mills
Armed Services Procurement Agency
Eisenhower
Chicago
Board of Trade
Trend and risks in the stock market and consumer credit
Analyzes short interest ratio trends with bear and bull signals, noting the 1.83 ratio as of July 15 and a recovery in 40 D-J bonds to a new high. Warns that consumer credit remains vulnerable, with rising installment debt, while overall economy shows equilibrium. Cites Gallup poll results on recession fears and varying optimism by education and region.
Greek Budget Balanced After War Aid Boost
Greek leaders report a balanced budget aided by billions in American assistance as the nation seeks postwar economic stability. Authorities emphasize reforms, currency controls, and growth targets to sustain the recovery.
MENTIONED IN THIS ARTICLE
Athens
Greece
Cantor Greenfield to be Welcomed at Temple Sinai
A city wide reception for Mar ris Greenfield newly elected cantor of Temple Sinai will be held in the Sinai auditorium Sunday evening at 7 30. Benjamin Psachie temple president and Mrs Charles Kirger sisterhood president plan the event. Greenfield born in Hungary has sung in choirs since youth and came to this country in 1938 serving in the armed forces 1942 to 1946. He studied at University of California Hebrew Union School of Sacred Music and Education and is a charter member of the Conference of Certified Cantors of America. He has appeared on TV in the New York area. Mrs Sidney Singer chairs the reception with aides Mrs Kalmer Rosenstein Mrs Morse Rosenblum Mrs William Wool and Mrs Jacob Herman.
MENTIONED IN THIS ARTICLE
Marris Greenfield
Temple Sinai
Sinai Auditorium
Benjamin Psachie
Temple
Charles Kirger
the Sisterhood
Cantor Greenfield
Hungary
University of California
American Theater Wing
New York
Hebrew Union School of Sacred Music and Education
Conference of Certified Cantors of America
Sidney Singer
Kalmer Rosenstein
Morse Rosenblum
William Wool
Jacob Herman
East Weather Pattern Brings Rain and Heat Across Regions
The forecast says showers in the Great Lakes and east, warm humid conditions in the south, hot in the southwest, cool in the central plains, and pleasant on the west coast. Widely scattered thundershowers spread Friday across the Great Lakes and Mississippi Valley with Cincinnati Findlay Ohio Jackson Mich and Indianapolis reporting rain. Southwest temps reached 1114 at Gila Bend Aviz 113 Blythe 107 Las Vegas 105 Taredo Texas. More of the same expected today.
MENTIONED IN THIS ARTICLE
Associated Press
Great Lakes
Central Plains
Mississippi Valley
Cincinnati
Findlay
Ohio
Jackson
Mich
Indianapolis
Southwest
Gila Bend
Aviz
Blythe
Calif
Las Vegas
Nev
Taredo
Texas
Wholesale Egg and Poultry Price List Digest
A fragmented price sheet lists wholesale and retail rates for butter eggs and poultry. Items include Grade AA and A butter, various carton sizes, and per pound ranges for chicken hens roasters capons broilers and other poultry types. Several price figures appear with codes and unclear units, indicating distribution to wholesale and retail channels.
MENTIONED IN THIS ARTICLE
Hederasolaia Ana Servi
Grace
Lge
Broflera
Bryers
Bryer
Prison for Arsonist in Forest Holocaust
Stanford Patton an unemployed handyman who started a forest fire that killed 15 men was sentenced Friday to 2 to 20 years in San Quentin. He said the blaze was to gain a firefighting job amid a period of broad pessimism and political divides. The piece also discusses market trends and oil stock prospects with upbeat oil demand forecasts for 1953.
MENTIONED IN THIS ARTICLE
Holocaust Willows
Stanford Patton
Friday
San Quentin
South
Rockies
Summer Bible School To Begin Monday At Long Beach
The annual vacation Bible school at Long Beach Assembly of God 1200 Atlantic Ave opens Monday under Rev. L. B. Lewis with Mrs. Maxine Shouse of Compton directing. Shouse, a decade veteran of Southern California children’s programs, will lead 9:20 a.m. to noon sessions through Friday Aug 21 featuring stories songs crafts games and a picnic finale.
MENTIONED IN THIS ARTICLE
Long Beach
Ministers Speak in Long Beach Pulpits
Long Beach churches plan varied sermons and activities Sunday. Rev. Bob Richards preaches at Lakewood Village Church on The Marvelous Grace of God and The Tragedy of Unbelief. Delegates including Mr. and Mrs. Wilson McCoy attend an East Lansing conference. Other churches feature sermons on The Church Militant, The Christian Witness, and The Doctrine of the Church, with baptisms, communion, and youth events planned.
MENTIONED IN THIS ARTICLE
New Testament Times
Lakewood Village Community Church
Council of Community Churches
East Lansing
Mich
Wilson McCoy
Marjorie Skare
Lurlynne Merrithen
R. B. Wilson
Amy Bemis
Bob Richards
First Church of the Brethren
St. John’s Lutheran
Vernon W. Hillmer
Walther League
Huntington Beach
Carl Lawson Crain
North Long Beach
Douglas Waiters
Long Beach
The
Methodist Church
East Long Beach Methodist Church
Christian Witness
F.B. Baldwin
Churches of Christ
Scientist
Long Leach
First Church of Christ
Scientiet
Boston
Massachusetts
First Church
Christ
Elm Avenue
First Cromb
Sr Staton
Church OF Christ
RST
Cedar Avenue
Seventh Street
Hog Market Rises While Cattle and Sheep Dip
Chicago hog prices rebounded at week’s end after prior declines, with barrows and gilts down 1.25 to 1.50, sows easing up to 1.50 lower. Cattle and sheep trended lower as wholesale pork demand weakened. top hogs at 24.50 per cwt. corn fed steers and yearlings softer. lambs down 1 to 1.50.
MENTIONED IN THIS ARTICLE
Chicago
USDA
Lote
Jd. Beven
Ihe
Aeveral
Wehoed
Monty
Ween
Oleahorn
Clnse
Hulk Chalte
Tanmba
Jurgaly
Soapbox Derby Crown To Be Earned At Derby Downs
Akron awaits the 16th All American Soapbox Derby as 150 boys from the United States Canada Alaska and West Germany race down a 975 foot hill. The winner receives a 5000 scholarship at a Sunday banquet and the glory of being champion.
MENTIONED IN THIS ARTICLE
Akron
Ohio
Derby Downs
United States
Canada
Alaska
West Ger
French Strikers Easing Tie-up
Paris civil servants began returning to work signaling the end of France's worst general strike since 1938. Mail telegraph telephone gas and electric power stayed shut as buses and subways ran and government workers reported to desks. Rail strikes continued elsewhere while about 2000 public service workers left their posts at midnight Thursday protesting Premier Laniel's budget plans.
MENTIONED IN THIS ARTICLE
Paris
Pir
Joseph Laniel
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H. DE LA Chapelle de Paine
On & Curtin
Dow-Tjones Industrials
Paul H, Macgregor
HF. Sutton & Co
Korea
Consumer Credit
Gallup
Seaboard
Totassesea
Frank Flory Post
Cedar Ave
Artesia Blvd
Indiana Ave
Post
Maxine Shouse
Lakewood Evangelical
Kenneth L. Stewart
First United Presbyterian Church of
York, Pa
First United 4 Presbyterian Church
Lutheran Church of the Holy Trinity
Carson St
Cherry Ave
Oscar C. Mees
J. Wesley Neal
Bay Shore Community Congregations
Arnold G. Breitler
Calgary Baptist Church
Otis Givens
Qlive Ave
Stephen J. Corey
East Side Christian Church
Edward E. Baird
Emmanuel Presbyterian Church
F. Marion Smith
Berkejley
First Methodist Church
Ira Warner
Sierra Leone
God's Commandments
Arlie W. Hoelscher
Woodruff Community Church
Woodruff Ave
Bethel Chapel
Lula Kelley
R. S. Coatney
Joseph A. Ryan
Evangelical Lutheran Church
Willard Schurrat
Atlantic Methodist Church
Grover C. Bagby
Helmont Heights Methodist Church
Fidelity Bible Class
Kings Thespians
Grace Methodist Church
L. K. Davis
William H. McCance
Kingdom of Israel
First Congregational Church
Paul Diefenbach
Vern Halter
Richard de Bruyn
Ed Pisa Relli
Ralph Im. Boyette
First Bible Baptist
Jesus
George O. Marsh
Bixby Knolls
Evangelist Wilson
McNeely
North Long Beach Church of Christ
Second Presbyterian Church
Big Bear
Ewing S. Hudson
Will Bse
Eldon Durham
Presbyterian Church
Lomita
Galvary Presbyterian Church
John J. Woodson
Moore Memorial Church
Jeremiah
Woodson
George W. McDonald
Livestock Market
North Kong Beach
Church of the Nazarene
Sol Hoopil
Warner Bros
Indianapolis Speedway
East Long Beach
Termino UN Stout
E. Artesia WE McNeely
West Long Beach
Atlantic Ave
EL Irvine
Bible School
Third and Cedar
Emerson Hengen
William McCance
Lyase McRae
Robert Magin
Kingdom Fellowship Church
Town Hall
J. A. Lovell
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Fine Avenue
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Third Churee. OF Christ
East Third Street
Sonday
Freahunny School
Yeednesday
Fourth Church OF Christ, Scientist
East Market Street
Hs M
Senaey
Fifth Church OF Christ
Balmont Theater
Second Street
A. WA
Saintry
Teen
Christian Science Society
Lakewood
New American Legion Hell
Cocnar Woodruff and
Parkeres
A. Md
Westebry
Heartwell Building
Wast
Third Street
Pratte Avenue
Greanmeadow Road
Park Avenue