1956 US business profits edge upward on year growth
SAM DAWSON reports that by year end 1956 total corporate earnings show a new high though modest gains over 1955 vary by industry. Oil firms predict up to 13 percent rise, rail profits lag about 6 percent, banks and many utilities report solid gains, while several industrials end before December with some losses. Overall 1956 profits total about 173.5 million, a 3.1 percent rise, driven by higher operating costs and price hikes.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Esti
Association of American Railroads
Estrellita guidance on finances and ambitions in 1957
The text notes financial challenges in the morning but suggests handling calmly helps counter adverse trends. Later opportunities to capitalize on wares and ideas emerge, with personal and professional growth expected. Those born on this day are described as ambitious and strong willed, with favorable relationship aspects later in the year.
MENTIONED IN THIS ARTICLE
A. M
Democrats Form Legislative Policy Committee in Ohio House
In Columbus Democrat Rep. James J. McGettrick announced the creation of a legislative policy committee for Democratic representatives. The panel, led by Rep. John J. Lynch, will draft legislation rather than set policy goals for the Democratic minority in the Ohio House.
MENTIONED IN THIS ARTICLE
Ohio
House
Columbus
James J. McGettrick
Thief Borrows Car In Norwalk Note Left On Windshield
Sampson, an advertising man from Long Beach, reported his brand new car stolen after parking it. Police traced it to Norwalk, ten miles away, where an unsigned note on the windshield read I just rode around This will teach you to leave the keys in your car.
MENTIONED IN THIS ARTICLE
Long Beach
Calif
Sam A. Sampson
Norwalk
Bricker and Lausche Named to Two Senate Committees
U S Senator Frank J Lausche of Ohio joins two Senate committees alongside Republican Senator John Bricker. Bricker is the top Republican on the Commerce Committee and the second ranking Republican on the Banking Committee. Lausche welcomes the assignments and notes the acknowledgment.
MENTIONED IN THIS ARTICLE
Washington
Frank J. Lausche
Ohio
Senate
John Bricker
Bricker
Senate Commerce Committee
Senate Banking Committee
Lausche
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