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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Apr 20, 1955
Page
6
Puzzle clues mix literary and biographical entries with various definitions. Names such as German state and Greek war god appear alongside common terms like wine chalice and melody, forming a dense themed crossword grid.
The article notes a high economy driven by civilian purchases and construction as defense outlays drop from 80 to 66 billion dollars a year. GNP hit a 371 1/2 billion peak in 1953, with March 1953 industrial production peak and a 369 billion annual rate in early 1954, signaling a new, consumer-led growth phase.
The economy shows durable goods demand led by autos appliances and clothing while services like transportation and medical care rise. First quarter spending hit 242 billion dollars per year, a record, with construction at 31 billion and debt levels rising. Economists question how long auto and home buying can stay elevated, but expect new peak in peacetime production.
Transfers show numerous deeds across towns including Middletown Lindale Somerville Madison Trenton Oneida St Clair Riverdale Union Hill and Hollow Skinner Terrace and St. Clair with properties ranging from hundreds to thousands of dollars. Notable entries include Homer Burton to Midd Fed L and L for pt lot 64 5400 dollars Oscar Blevins to Citizens Bidg and L for pt lot 1520 6500 and Robert Fugate to Amer Bldg and L for lot 8162 8500. Several parcels list no tax or small acreage figures.
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