American economy seen to keep humming with new growth
Stanford economist Sumner H. Slichter told the Stanford business conference that the United States will sustain growth due to expanding capacity to produce and improve products and methods. He cited rising technological progress, better management, and a larger American market as key drivers. Howard D. Mills of Lionel D. Edie & Co. echoed a strong long term outlook for the next 5 to 10 years, noting potential near term wage pattern risks and the need for tools to counter excesses.
MENTIONED IN THIS ARTICLE
Stanford University
Sumner H. Slichter
Harvard University
Slichter
Howard D. Mills
Lionel D. Edie & Co
Los Angeles
Iin
Washington
Welk Loses TV Show in Contract Row
Hollywood KTLA drops the Friday 8 to 9 pm Welk show amid a contract dispute. Station manager Klaus Landsberg says Welk refused to recognize his contract and KTLA will replace the program with ETLA’s crystal tone orchestra and the Orrin Tucker show starring Roberta Linn. Landsberg says legal action may follow.
MENTIONED IN THIS ARTICLE
Hollywood
CNS
Lawrence Welk
KTLA
Klaus Landsberg
Orrin Tucker
Roberta Linn
Landsberg
Paramount Television Productions
Welk
Aragon Ballroom
Ocean Park
Russians Tour Iowa Farms Amid Monroe Visit Interest
Iowa crowds flock to meet the Soviet agricultural group led by V. V. Matskevich in Laurens and other towns. Governors and local leaders host arrivals, while farm visits highlight Iowa scale and specialization versus Soviet collective farming. Marilyn Monroe and Jane Russell film outings amuse the delegation.
MENTIONED IN THIS ARTICLE
Spencer
Towa
Iowa
Loo Hoegh
V. V. Matskevich
Sioux City
C. R. Elder
Towa State College
Elder
Laurens
Consolidated
Tafford J. Tinius
Sians
Alexander Tulupnikov
Jane Russell
Tulupnikov
Russell
R. L. Simm and Sons
Paullina
Simm
Ees
Soviet Union
Ukraine
Nikolai Gureyev
Republic Steel Sued for 20 Million Dollars
Omar W Love a private detective sues Republic Steel Corp in Los Angeles claiming breach of contract over a titanium ore deposit in Mexico. He says he informed the company of the deposit and was promised compensation if it acquired most or all mineral rights. He values the deposit at 2 billion dollars.
MENTIONED IN THIS ARTICLE
Los Angeles
Republic Steel Corp
Mexico
Omar W. Love
Republic
Love
Six Major Bills Remain in Congress Home Stretch
Congress edges toward adjournment with six major bills left. Senate leaders hope to finish by Saturday night or sooner while House aims for that windup. Public housing bill stalls in Rules Committee amid fights over 35,000 housing units yearly. Senate already cleared 133,000 units annually for four years.
MENTIONED IN THIS ARTICLE
Congress
Sen. Clements
D-Ky
House Jeaders
Senate
Sén. Butler
R-Md
New York
Geneva
House Rules Committee
House
Atomic Energy Commission
Air Force Academy
Colorado Springs
Colo
Eisenhower
Federal Power Commission
Argentines Note Eva Peron Death and Congressional Bills
Ten thousand Argentines marched in Buenos Aires on the third anniversary of Eva Peron’s death, praise from Peronist press. In Washington, Congress debates multiple bills including a nearly 50 billion dollar federal state spending plan over 13 years, a highway bill, and a minimum wage measure, with Senate and House conference attempts ongoing.
MENTIONED IN THIS ARTICLE
House
Senate
Miramar
San Antonio de Ateco
Balcarce
Buenos Aires
Juan D. ‘Peron
Eva
Indictment of four youths in L A killing
Los Angeles prosecutors plan murder indictments against four youths accused of fatally shooting Frederic Winter Heinz in a random robbery attempt. The grand jury is to hear the case today as detectives describe prior planning in Main Street bars Pershing Square. Transients Harney and Cook were arrested nearby. Bass and Bimstein were found in Reno with stolen Heinz home items and brought back. If Bass is indicted the case may go to Juvenile Court for trial as a juvenile or adult.
MENTIONED IN THIS ARTICLE
Los Angeles
Disttrict
Frederic Winter” Heinz
Eric Newton Bass
Newton Hass
Harvey Bimstein
John M. Harney
Neal F. Cook
Main St
Pershing Square
Harney
Cook
Heinz
Goarway
Pacific Palisades
Bass
Bimstein
Reno
Nev
Dist
Atty
Ernest Ros
Young Bass
Also Mentioned on This Page
Zuality
TED W. Brown Jewelers
Orpen Stempe
Moscow
Humboldt
U. S
Robert Rolland
Russia
Marilyn
By Tom Whitney
Marilyn Monroe
Republic Steel
Eva Peron
L.A
Lockween’s
Lockwood
Southern California
Lock Wood
Mink
Royal Poste
Clutels Capes
Royal Pastel
Long Beach
Ahred
Anaheim ST
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