Business mood shifts as fall boom still uncertain
A Business Mirror report by Sam Dawson notes cautious activity in the fourth quarter with mixed signals. Factory output and employment dip from peak levels while summer slumps deepen in some industries. inventories rise, automakers face delayed gains, and consumer purchases await the fall model surge before new orders rise.
MENTIONED IN THIS ARTICLE
New York
House Eves Pay Raise Sparks Senate Tug
Washington plan would raise pay about a million federal white collar workers by 11 percent at an estimated cost of 530 million dollars. The House expected to approve a separate postal rate increase totaling 272 million dollars, adding a penny to regular and air mail stamps. The pay rise would affect civil service, legislative and judicial employees, while Eisenhower supported the postal increase.
MENTIONED IN THIS ARTICLE
Washington
House
Eisenhower
New Comet Visible Near Dipper
New Comet Mrkos-1957d, discovered Aug. 2 by Czech astronomer Mrkos, has been sighted from the northeast. Hayden Planetarium associate Dr. Franklin Branley says the object is bright and moving northwest after looping around the sun. Brown University’s Prof. Charles Smiley notes its large size makes it visible without aid.
MENTIONED IN THIS ARTICLE
New York
Franklin Branley
Hayden Planettarium
Mrkos
Branley
Harvard College Observatory
Providence
R. E
Charles Smiley
Brown University
Mysterious Polish Submarines Sighted off Scotland Coast
Two Polish submarines were seen sailing slowly along the North Sea coast of Scotland while the Royal Navy monitored. Diplomats speculated the crews sought asylum from Warsaw regime and would face usual treatment if they landed. A Western diplomat first reported the subs were identified by aerial reconnaissance with no communications. The Polish fleet is believed to include four prewar subs. Russia may have supplied modern ones.
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London
Royal Navy
North Sea
Scotland
Warsaw
T O
Russia
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