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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
May 08, 1956
Page
9
A slow starting stable pony named Stevenson won the Presidential primary sweep stakes Monday at Laurel race track in Maryland. Kefauver placed second, Johnson third, with Symington Russell and Harriman also ranked.
Treasury official Burgess warns a 63 percent drop in after tax savings signals inflation hazards and stresses building savings to finance capital expansion. He cites mortgage restraint and government banking policies as stabilizing steps while urging continued savings and restrained spending to curb rising costs.
A Wichita fire caused about one million dollars in damage to a brick warehouse interior and roof, destroying roughly 1,500 air conditioning units. The blaze occurred Monday, investigation ongoing.
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