Market Bears Dominate Wall Street As Summer Rally Fades
New York investors see a downturn across equities with declines from last November to January highs. Analysts differ on whether the retreat signals a renewed downtrend or a temporary lull, while optimists anticipate a Labor Day pickup and relief from a tax cut scheduled for next April. Federal data show mixed signals: August industrial activity a tad higher, retail held firm excluding heat impacts, and employment strong though weekly earnings dip in some sectors due to shorter weeks. Reducing defense orders and shrinking order backlogs weigh on manufacturing, with steel scrap prices remaining weak signaling slow activity ahead.
MENTIONED IN THIS ARTICLE
New York
Bears
Wall Street
Federal Reserve Board
Department of Commerce
Defense
National Assn. of
Optimists See 15 Month Laws Fueling Year-End Recovery
An optimistic group believes the 15 month laws will aid a later year recovery. They cite strong earnings reports from most corporations and expectations for continued gains in the current quarter and for the year. Bulls point to higher dividend payments this year, about five percent above 1952 for business overall.
Businesses Await Profit Tax Cut at Start of Next Year
Many firms expect a profits boost as excess profit taxes end at the start of the year. The move would reduce tax burdens for corporations and potentially lift investment and hiring.
Cornwall's ancient coast tied to fish tin and copper economy
The article notes how Cornwall's historic shoreline shaped its economy through fisheries and metal mining. It highlights the prominence of fish catches and ore production in sustaining coastal communities and trade across the region.
MENTIONED IN THIS ARTICLE
Cornwall
England
Student laments college reading demands and lecture notes
Rita F., a 21 year old college senior, tells Dr George W Crane she finds 150 pages of weekend reading from two books impossible to access. She says professors grade harshly and question basic textbooks while lectures repeat notes from ten years prior. She contemplates switching to journalism if pedagogy remains unchanged.
MENTIONED IN THIS ARTICLE
Rita F
Student Sees Professors Push Mimeographed Notes
A student complains that many professors pressure purchase of their mimeographed lecture notes. The remark highlights perceived ego and price concerns within the campus teaching staff.
The average college professor as a poor public speaker
The author argues that college professors lack teaching training in pedagogy and public speaking, contrasting them with grammar and high school teachers. He asserts degrees alone do not ensure quality, calls for performance based pay, and urges readers to send a test for good teaching to school boards. He adds a unrelated note about scientists dating porcupine activity via tree rings.
MENTIONED IN THIS ARTICLE
America
Also Mentioned on This Page
Business Mirror
Fypiddletoway Business College
Broad St
Dial
U. S
William J. Miller
King Features, Inc
George W Crane
New York Central
Mom
Parts & Service
Brigg’s Stratton
Clinton
Ross
Kara-lon
Rayon
Nylon
du Pont
Burlington Mills
Lea
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