Christmas Boom Lifts U S Business and Industry
A week of unprecedented Christmas spending boosts economic activity in the United States. Personal income surges, employment remains strong, and factory wages rise as stock dividends and retail sales hit new records. Prospects for 1956 point to continued capital outlays, while auto production nears a peak and car inventories grow. Instalment debt remains a concern as consumer spending drives the boom.
MENTIONED IN THIS ARTICLE
New York
U. S. Commerce Department
America
U. S. Chamber of Commerce
Dun & Bradstreet
Assa
Chicago
Trade Weekly
Iron Age
Ots
Detroit
Trend of Security Prices for Past Week Analyzed
The article surveys market sentiment as the Dow Industrials test new highs, with Moody’s forecast of a 1000 level by the mid 1960s. It argues long term gains remain likely while warning of near term profit taking and a possible seasonal decline into December. It cites historical gains from GM, Sears Roebuck, Aluminum Co of America, B F Goodrich, and Goodyear as examples.
MENTIONED IN THIS ARTICLE
General Motors
Sears, Roebuck
Ahuminum Corp. of America
B. F. Goodrich
Goodyear
Moody's
Dow
Lom
Sabres Arrive in Formosa for Mobility Training
A combat-ready squadron of 86 Sabre jets arrived in Formosa from Korea for mobility training. The move was announced by the U S air task force headquarters in Taipei and will run until completion.
MENTIONED IN THIS ARTICLE
Taipeh
Formosa
Korea
U. S. Air Task Force
Building Permits Thus Myo A3y This Year
A fragmented list of building permits and contractor names from a past issue. Entries include Cecil F. Centurella as contractor on a 2760 Delta project, Francis J. Hrusel and others for additions, swimming pools, and alterations with costs ranging from a few hundred to over $100,000. Names include Atkinson, Kenneth Wap, Imperial Pools, Beard Pools, and several architects. Multiple addresses and project types listed in a dense, OCR-like format.
MENTIONED IN THIS ARTICLE
Bart
Batty
Delta
Cecil F. Centurella
George. Whitney
Union
Lotal
Weton Wardlalw
Francis
Francis J. Hrusel
Imperial Pools
Gurus
Runsell Clash
Custer
John Webster
Vern
Hedden
Darchin
Bea
Mr. Penrod
Locuss
James Sparks
John Covet
Jackson
Chestnut
Oy Fowile
Park Lane
Fadio
Gerieg
KABC
Aum
AL Hibbler
XNX
Tides and Temperatures for Sunday December 11 1855
Coastal brief lists tides and heights for the day with sunrise and moonset times, forecasted highs and lows, and water temperature. It notes calm surf conditions and coastal measurements attributed to the U.S. Coast and Geodetic Survey. Lifeguard data appears alongside.
MENTIONED IN THIS ARTICLE
U. S. Coast and Geodetic Survey
Long Bowen Lifeguards
GM Hearing Seen Driving New Auto Industry Laws
Senate subcommittee hearings on General Motors impact foretell new laws. Senator Joseph O Mahoney says reforms likely after interim report next month. He pushes liberalizing dealer contracts and warns against monopolistic practices prompting possible federal regulation. Curtice testifies that GM will need to adapt with industry changes. some senators doubt need for special legislation.
MENTIONED IN THIS ARTICLE
Washington
Iri
Joseph C. O'Mahoney
General Motors
Wyoming Democrat
Senate
O'Mahoney
Chicago
Subcommittee
Sen
Wiley
Regis
Harlow H. Curtice
Other Unions May Prolong Paper Strike
Mediators expressed optimism about a bargaining session between AFL-CIO representatives and the Detroit Newspaper Publishers Association aimed at settling a dispute that has closed Detroit’s three metropolitan papers for 20 days. Even with a settlement, immediate resumption of the Free Press and Times and News may not occur. The Detroit News Guild urged all affected actions to join in a pact that no one returns to work without a new contract while papers cite layoffs due to no work, calling it a lockout.
MENTIONED IN THIS ARTICLE
Detroit Lps
Afl-Cio
Detroit
Assn
Morning Free Press
Afternoon Times and News
Pl-Ciq
Hair Strands Face Abbott Defense Blast
Abbott defense challenges Dr. Paul Kirk testimony linking two hair strands found in the back of the Abbott car to Stephanie Bryatt a Berkeley girl abducted and murdered. The trial extended into its fifth week as attorneys prepare to contest the expert’s identification.
MENTIONED IN THIS ARTICLE
Oakland
Burton Abbott
Paul Kirk
Abbott
Kirk
University of California
Stephanie Bryatt
Berkeley
Stephanie
Alameda
Trinity County
San Francisco Bay Area
Bandit Remembers to Rob Redondo Bank
A bandit almost forgot to rob Citizens National Trust and Savings Bank in Redondo Beach. Forty minutes after asking change for 19 dollars, he returned to teller Vera Ganzert, drew a revolver, and demanded a paper bag. He escaped with 518 dollars.
MENTIONED IN THIS ARTICLE
Redondo Beach
Citizens National Trust & Savings Bank
Vera Ganzert
Ike Will Ask Slightly Less Foreign Aid
The Eisenhower administration plans to seek 8.87 billion dollars in new foreign aid for next year a slight cut from this year after budget bureau approval following discussions with agencies. Congress funded about 2.703 billion for the current year to 46 countries. The reduced program likely limits stepped up Middle East spending despite Russia activity.
MENTIONED IN THIS ARTICLE
Ike
Washington
Eisenhower
Congress
Budget Bureau
Oiitch
Middle East
Russia
Fire Chief Alderson Receives Threat Over Budget Plan
Fire Chief Alderson reported receiving a telephone threat tied to his stance on a large budget request. Officials say the caller warned that plans to secure about 1.8 billion dollars for economic defense and 1 billion for weapons shipments would face strong opposition.
MENTIONED IN THIS ARTICLE
John H. Alderson
Alderson
Wee Ze
Polly Bergen May Host Oklahoma Music on Durante Show
TV page notes Polly Bergen guests on The Tonight Show format with Oklahoma! tunes. Jimmy Durante eyes filming two theater acts as he signs acts like Eddie Fisher and Johnny Johnston for fall season. Bergen signs for big money and a Pennsyl-vania themed show faces challenges of rescuers and a busy schedule.
MENTIONED IN THIS ARTICLE
Jimmy Durante
Step Brothers
Ricky Zahnd
Blue Jeaners
Dorsey
Brothers Music
Army
Archerd
Eddie Fisher
Donald
Joan Evans
Newcy
Gates
O'Connor
Johnny Johnston
Jett
Los Angeles
Ethel Jimmy
Richardson
Vegas
Polly Bergen
Vania
Pennsylvania
Jimmy Palaz
Iss Bergen
Izola
Perry Como
Pedro
Gonzales
Perry
Les Pau
Mary Ford
Gert
Hollywood Legion
Molly Goldberg
Berg
Jean Pierre Aumont
Ralph Kramden
Office
Jack Carter
Emose
Vaughn Monroe
Hood Slain and Body Left in Blazing Car Mystery
A 10-year-old ex convict Johny Coletta was beaten to death and his body burned in a car found on a rural road in suburban Leek County. Police report a deep head gash and multiple blows. the car fire consumed the lower body while the upper torso remained largely untouched. Authorities note Coletta had 15 prior arrests since 1930 and a 1950 Joliet Penitentiary burglary sentence.
MENTIONED IN THIS ARTICLE
Chicago
Leek County
Charlee W. Richards
Johny Coletta
Reselle
Colette
Richards
Coletta
Joliet Penitentiary
Chile Public Health Medics Quit Over Wage Plan
Sixteen hundred Santiago doctors employed by the Ministry of Public Health resigned on Friday night in protest of a proposed single wage scale for all government officials. The resignations take effect in ten days as Congress debates the plan.
MENTIONED IN THIS ARTICLE
Chile
Santiago
Ministry of Public Health
Fire chief reassigns Negro firefighters to all Negro stations
Fire chief told the Fire Commission on Thursday that he had reassigned Black firefighters to their original all Negro stations due to problems arising in the integration program.
MENTIONED IN THIS ARTICLE
Fire Commission
Revolutionary Theatre Lineup Stuns Virginia Crowd
An oddOCR schedule lists multiple shows and times across a long night at a Virginia venue. Highlights include Rocket to Atlantoma, Eddy Amal and In Person Army Rocket, with actors Bud St Abldee and Brucdipe among names. The fragmentary text shows a mix of stage acts, radio plays, and a late midnight block, ending around 2:00 or 3:00 a.m.
MENTIONED IN THIS ARTICLE
Mirginia Bruce
Octo
Starked Moriay
Xy Harm
Hopart
Stan
Isane
Eddy Amal
Tim Ev Caoora
Centys
Downo
Millooatre
Eek
Bud St
Ang Comnelias
DeCola
Lee Lyons
New
Oril Brucdipe
Aeith Ta
Baster Ward
Army Rocket
Ellery Queen
Tate
Fleigh
Ootden
Gars—Inler Deng
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