Prosperity Tied To Debt Across Sectors
SAM DAWSON notes that rising consumer installment debt and mortgage borrowing fuel the apparent prosperity. Auto loans, business credit, and housing demand boost spending and expansion, though banks warn that tightening terms and rising borrowing could slow the momentum later in the year.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Federal Reserve Board
Federal Reserve
First National City Bank of New York
Northern Trust Co
Chicago
West Monroe Man Injured Thursday
George McClelland aged 51 of route 4 West Monroe fell from a high scaffold at a downtown construction site Thursday. He was taken to St Francis Hospital with a simple fracture between the left wrist and elbow a fractured left hip and a cut forehead. He works for Ray Adams Contracting Co. of Monroe.
MENTIONED IN THIS ARTICLE
George McClelland
Route 4
West Monroe
St. Francis Hospital
McClelland
Ray Adams Contracting Co
Monroe
Humane Society fights US bullfighting push
The American Humane Society warned it would oppose any move to introduce bull fighting in the United States even mock versions. Mel L. Morse said promoters push Spanish style bull fights and mock fights to soften the public, with banderillas and cruelty concerns raised. Morse cited a two year pattern and a Arizona incident as part of the alleged conspiracy.
MENTIONED IN THIS ARTICLE
Denver
American Humane Society
United States
Mel L. Morse
AHA
Morse
Mexico
Arizona
Robert Morrison
West Monroe Barn Sold For Seventy Two Thousand Four Hundred Forty Two
The West Monroe auction barn sold for 72 442, including all equipment improvements and goodwill of the current business. The sale was recorded Thursday in Ouachita parish real estate transfers. The barn was purchased earlier.
MENTIONED IN THIS ARTICLE
West Monroe
Ouachita Parish
Clerk of Courts
Government files back tax suit against Ezra Ryland
The federal government sues Ezra J. Ryland of Shreveport to recover 2405 dollars in back taxes with 6 percent interest dating to 1949. The action was filed in the federal district court.
MENTIONED IN THIS ARTICLE
Shreveport
Ezra J. Ryland
Federal District Cour
Mrs Krupp Buys Bar Nothing Ranch in Nevada
Mrs Vera Krupp wife of Alfred Krupp of Germany has purchased the Bar Nothing ranch near Las Vegas Nevada from Chester Lauck owner of the Abner radio team, according to a disclosure on Thursday.
MENTIONED IN THIS ARTICLE
Krupp
Las Viegas
Nev
Vera Krupp
Alfred Krupp
Oof Fissen, Crermany
Chester HH. Lauck
Vlan
Abner
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Humane Society
Moto
Clinton Engine
Freng
Raor
B.f.goodrich
Silvertown
Cavalier
Yee
Louisville
Harold Bond
Mgr