Government moves tighten credit widen business surge
New York reports a Federal Reserve rate hike to 2 1/2 percent as banks face higher borrowing costs. The clampdown aims to curb consumer debt and restrict business credit, signaling tighter liquidity and likely higher prices across autos, homes, and durability goods amid a materials shortage and rising steel and paper costs.
MENTIONED IN THIS ARTICLE
NEW York lPiUncle Sem
Brealmeck
Federal Reserve
Federal Reserve System
General Motors Acceptance Corp
Trend of Security Prices for Past Week Analyzed
The piece argues that economy growth is dynamic and not likely slowed by politics while markets rose on favorable signals. It notes steel as a bellwether and cites projected capacity growth and rising construction spending. A potential near term correction is discussed with dividend trends and discount rates influencing stock prices.
MENTIONED IN THIS ARTICLE
Paul H, Macgregor
Hutton & Co
Yeading
Commerce and Labor Departments
Washington
Hale
Marine Memorial Plaque Honors 4000 Marines at Belleau Wood
Gen Lemuel C Shepherd Jr dedicates a plaque at the Aigne Marne cemetery to memory of about 4000 Marines killed in World War I at Belleau Wood. Market commentary notes underlying strength, praising top grade stocks while second-tier issues rest.
Move Over Bottleneck Drivers Targeted by Patrol
Sacramento reporters note the California Highway Patrol ordered air field commanders to curb unsafe driving especially blocking traffic in passing lanes. Deputy Commissioner R McDonald criticized motorist behavior hindering flow and warned enforcement will rise to restore safety on major highways. In other news, Dr. Heinz Haber suggested space observation could advance weather control and forecasting, aiding storm mitigation.
MENTIONED IN THIS ARTICLE
Sacramento
California Highway Patrol
Ass R. McDonald
Washington
Callifornia
Heinz Haber
University of California At Los Angeles
National Geographic Society
Haber
Probers Tackle Mystery of Air Transport Crash
Investigators in Seattle begin piecing together the DC-3 crash that killed 27 aboard a Peninsular Air Transport Co flight. Survivors and witnesses describe the wreck near a suburban yard as experts examine the tail section and engine failures amid calls for a cautious inquiry.
MENTIONED IN THIS ARTICLE
Seattle
Associated Press
Probers
Peninsular Air Transport Co
Dcd
Far East
Navy
R.L. Howze
Miami
Civil Aeronautics Board
Dcé
Argentina moves to revive freedom of press under Aramburu
In Buenos Aires the government of Maj. Gen. Pedro Aramburu swiftly dismantles the presidential press office, trims the media system, and seeks a prompt solution to the La Prensa case. The decree promotes a smaller informal press body headed by Adolfo Lanes while pledging broad freedom of expression across media.
MENTIONED IN THIS ARTICLE
Buenos Aires
Argentina
Pedro Aramoura
Aramburu
Juan Peron
Interior
Cartos Manuel Muniz
la Prensa
Peronism
General Cone] Federation of Lator
CGT
Ufting
la Vanguarda
el Norte
Salta Province
Luis Glacosa
Y ‘Arambutu
Adolfo Lanes
la 2Rensa
Muniz
Five-Point Surplus Plan by Humphrey
Cleveland Ohio reports Secretary George M. Humphrey outlined a five point program to solve the farm surplus problem. The plan stresses prosperity for industry, careful production restrictions, expanded research into new crops and uses, cautious surplus selling domestically and abroad, and a dynamic soil conservation effort.
MENTIONED IN THIS ARTICLE
Cleveland
Seeasuey
George M. Humphrey
Humphrey
Marional Grange
Stand Stated on Dispersing War Plants
The defense department weighs dispersal of war plants and concludes strict location limits are impractical. Humphrey notes the rising youth population strains production and argues a balance to avoid overconcentration, while preserving jobs for farm youths. A separate murder trial in Santa Monica covers the slaying of Mrs. McCauley and testimony from her maid about timing and details.
MENTIONED IN THIS ARTICLE
Humphrey
Tion
Perial
Santa Monica
Norma KecCouley
John R. Crocker
Crocker
Bel-Air
Laurie Dromtra
McCauley
Kevin
Kirk
Craig
Predict Plea for 9 More Atomic Subs
Sen Jackson forecasts Congress will be asked to authorize nine additional atomic powered submarines following the Nautilus and Sea Wolf. He cites the Nautilus’s impressive showing and says two more subs are under construction with four already authorized. Secretary Thomas indicated a request for further atomic submarines is possible but not yet specified.
MENTIONED IN THIS ARTICLE
Washington
Congress
Sen
Jackson
Wasit
Senate House Atomic Energy
Mary Thomas
Thomas
Italian artist and writer Anselm dies in Monza home
An Italian artist and writer identified as Anselm died early today at his home in Monza. The death marks the passing of a noted figure in Mulan and Etalian cultural circles.
MENTIONED IN THIS ARTICLE
Mulan
Italy
Anselm
Arly
jMonza
Arctic Rescue Team Edges Toward Crash Site on Charleston Peak
An Arctic rescue team may need two more days to reach the wreckage of an Air Force transport carrying 14 men near Charleston Peak. Five paramedics camped in -20 F temps, using snowshoes and skis, as they head toward the 11,300 foot peak. The crash, near Norton AFB Nevada range, left five Air Force men, five AF civilians, two aviation engineers and two consultants dead or missing. Weather and turbulence hinder parachute drops. a second ground party joins the effort. Names of some aboard include Frederick F. Hanks, Rodney H. Kreimendahl, Harold C. Silent, and Richard Hruda.
MENTIONED IN THIS ARTICLE
Las Vegas
Charleston
Air Force
Smadical
Thei 4Ond
March Air Force Use
Norton Afb
Nevada Atomic Bombing Range
Frederick F. Hanks
Passiena
Rodney H. Kreimendahl
Burbank
Harold C. Silent
Los Angeles
Richard Hruda
Hollywood
Arrivals and Departures Report From San Francisco Port
Active vessels in port as of 8 AM include Anna Maersk Dan ov, Capirdre Yokolwtea og, and Grace Line ships bound for San Francisco. Listings show operations of Luckenbagh, Lykes, and San Fran-Guekenbaen Lines with multiple names noted, including Sally For Ame and Nor Brancisco.
MENTIONED IN THIS ARTICLE
Vonsel
Berti
Kento
Ame
Capirdre
Yokolwtea
Nto
San Fran States Marine Line
Crsaegan
Grace Line
Arc
Nort Saxuenky
Tomorow
Rexsel
Etn
John Harnee
Cada Roctan
Eta Bikelevitio Ee Hone Keone
Hiavenesa Cine Yancacterison Thompson
McCauley
Brooklyn
Duckenbaen Lines
Beother
Sor
Luckenbagh Fea
San Fran
Guekenbaen
Crooker
Cauley
Lakeau
Tawa
Frank E
Sanu Dai
Dawty Sali
Arnédyie
San Dirgo
Anna Maersk
Dan
PO Sew
York Issy
Beatle
Gennineton
Banan
Joint assault halts 508th RCT maneuvers in Japan
Paratroopers and jet fighter bombers joined in today to smash a mythical enemy position after air and ground bombardment. The joint attack ended maneuvers of the 508th Regimental Combat Team.
MENTIONED IN THIS ARTICLE
Bbppu
Japan
U. 5
508Th
Reds Tighten Then Relax Border Highway Controls
Abus Germany. Communist border police tightened highway checks on the East German frontier at Marienborn to search motorists traveling from the West to isolated Berlin to stop westbound newspapers and magazines. Later they eased controls, often ignoring western papers. West German officials saw it as a spot check not a broader campaign. The canal from Berlin to West Germany was closed briefly for a supposed mechanical defect. both life lines to West Berlin remain under cautious scrutiny. No sign of coordinated campaign.
MENTIONED IN THIS ARTICLE
Abus
Germany
Marienborn
Berlin
Oom
West Ten
East Germany
Cay
Zarner
West Germany
Melmstadt- Berlin
West Berlin
West
Ambiguous Building Permits Listed With Mixed Details
A garbled OCR excerpt lists multiple building permits and contractors. Names such as Bryce A. Muir and James P. Stapekind appear alongside addresses like 2100 E Artesia and 6599 S759. The fragment mentions figures such as 100,006 dollars and 507, but overall content is unclear and partially unreadable.
MENTIONED IN THIS ARTICLE
Matty
Teant Praith
Seneston & Robbing
E- Artesia
Ditch Ik
Nd Co
Cantra
John Dodi
Deples
Be J
Contraaton
le. Wraiey Do
Feng
Bryce A. Muir
Peter On
Jack BE. Goraham
Siskins
Tienasasen
James P. Stapekind
Dispersal to Guide Raw Defense Plant Site Picks
The directive states dispersal will be a prime consideration in choosing sites for raw defense plants. It allows existing industries to expand present plants when additions are minor and urges the armed services to weigh dispersal as a key factor when selecting additional supply sources.
MENTIONED IN THIS ARTICLE
ACY
Fara Pry
Armed Services
Churchill Returns to Political Arena
Former Prime Minister Winston Churchill, now MP, returned to politics from a two month Riviera rest. He spoke Friday night, saying it was very enjoyable to resume political life and delivered his first speech since last May's general election.
MENTIONED IN THIS ARTICLE
Woodford
Englana
Winston Churchill
Churchill
French Riviera
Tides and Temperatures Sunday November 20 1953
Sunrise 6 29 p m Sunset 4 7 pm Moonrise 11 08 am Moonset 10 09 pm Tides listed as High 22 am 39 tt 132 am 4 5 fb Low 4T a m 42 to 7 35 pm 0 7 fe U S Coast and Geodetic Survey Long Beach Lifeguards report calm seas with gentle reflections on the shore
MENTIONED IN THIS ARTICLE
U. S. Coast and Geodetic Survey
Fareg
Also Mentioned on This Page
Walter Breede JR
Eisenhower
Sears, Roebuck & Co
Wash- Kelvinator
Alexander Smith
Cary Pets
Yeade
National Metalworking Weekly
Steve
Dow Industrials
Onsy
DE LA Chapille
Ibe
Hove
Fritday
Anja Osha
Marine Memorial
Boeing Field
Colin Dearing
United Airlines
Longmont
Colo
David
Nelson
Civil Aeronautics , Administration
Richard D. Auerbach
Federal Bureau of Investigation Office
FE. J. Rice
Herbert Gardiner
Lothor
Fred Hal
Ratway
Civil Aeronamics Board
Defense Department
Arctic
iManeuvers
NG Iss “Sen
Sudlen
Southern
California
Uy Long Beach
Suri
Beach
San Gabriel
Anleves
Pedra Ante
Jenmant
Newrore Naied
Santa Ant
Ralndine Au
Sama Barbara
Roy Blythe
Pasadarn Wove
iSante
Culver
Paso Robie
Theemal
MCEL
Sapdberry
Ceara
al Riverside
Asraurwy
Cal Airport
San Diego
Rane
Pi Abilens Muron
Imdanapoliy
Aramriio
Lowa
Ligensna City
Ia ‘T
San Antonie Fu
Brownsville
Mempnis
Mami
Heyenne
New Manen
Tueson
Higago
Vane Wer
Indiana
Oklahoma
Wichitanae
Tye
Seenon
Saint
pHendleton
Philadelphia
Duluth
Bhoenix
Yelowstona
Ponatayia
Portland
Fresno
Ore
Fairbanks
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