Colleges' Summary for Week '56 Coss Will Soar
New York report notes steady retail growth and wide consumer spending into Q4 1956. Clothing, furniture, TVs, and cars drive gains. wage records and rising employment counter inflation fears. Ford expands Mahwah plant, Kaiser, Aluminium, and Armco announce caps and jobs. education budget needs rise in California colleges with major capital projects listed.
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Market Trends Show Security Prices Reflect Health
A historic analysis suggests the stock market acts like a thermometer of the President’s health, with two recent Monday upswings prompting speculation on buyers’ origins and funds. Mutual funds purchased about $84 million and sold around $84 million, while redemptions rose and fund managers eyed bargains amid volatility as forecasts mention lower yields and potential market recoveries in weeks ahead.
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H. J. Nelson
Barron's
Knowland Warns U S Dont Get Guard Down
Fragmented remarks quote Knowland warning the United States against complacency amid market turmoil. He cites Dow Theory terms and references to political tension with Khrushchev while stressing the ongoing struggle in global affairs and the risk of a broader selloff.
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Municipal Band Concert Program At BATU AY a POM
A fragmented program lists performance by the Municipal Band with names such as Lilsa Dui, John Philp, and Anderson Ti Pathfinder. It references Carnivale Lilsa Dui and a parade tune sequence with solo Eupboobian pieces and assorted composers.
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Elks Parade Closes 41st California Convention in San Diego
In downtown San Diego the 41st annual California Elks convention concludes with a parade titled Historical Days of California. James B Nichols of Watsonville is installed as president along with other officers, followed by a busy funnel business session. Over 10,000 delegates and families attend the festival at Balboa Park featuring musical performances by regional Elks choruses and choirs.
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Guatemala City Contributes Tribute Concert Honoring Savannah
Guatemala City's national symphony orchestra performed a Friday tribute concert to Savannah Georgia. North American conductor Jacques Singer led the program while Savannah mayor Walter Lee Mingledorf and his wife attended. The event showcased the cross ocean cultural exchange and city-to-city ties.
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Tex
Pair Pleads Insanity in Desert Slaying
INDIO California Mr and Mrs Robert Kenneth Miers pleaded innocent to murder and robbery charges in the slaying of Palm Springs Building Inspector Donald E Graham on August 26. Superior Judge Milton McCabe set November 2 for trial after the couple pleaded innocent and inno cent by reason of insanity Friday. They were arrested in Kingman Arizona with their four children the day after Graham was found beaten to death. The couple is jailed and the children are under juvenile authority jurisdiction.
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Woman Finds $6000 in Cabbage Bag Mixup
In Plainview New York Mrs Helen Tomko bought cabbage and other items at a supermarket. As she walked to her car with her purchases three employees chased her to reclaim a package she had mistakenly received. The parcel contained $6000 in store receipts that a messenger was to carry to a bank.
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