Business Week Signals Inflation Debate and Wage Controls
U S business leaders face inflation questions as Hoover warns of another boom bust and Eisenhower hints at potential controls. Retailers fear wage and price rules, while GE projects doubled turbine and generator output in a sign of sustained industrial expansion amid mixed freight, homebuilding, and unemployment trends.
MENTIONED IN THIS ARTICLE
New York
U. S
Herbert Hoover
Hoover
Treasury
Humphrey
Eisenhower
Commerce
Sinclair Weeks
Nna Rowland Jones UR
American Retail Federation
Jones
Pilot Bails Out as Warwick Photog Is Jailed
In Warwick Virginia a jet pilot Lt James H L Colegrove bailed out near 10 000 feet over Yorktown area after his FO plane wrecked smashing into a garage owned by Oscar L Walker Police restrained Newport News Daily Press photographer William R Sander who tried to photograph the crash scene and who was arrested after being told no pictures by Ft Eustis military officials The wreck occurred five miles from Langley Air Force Base sending the pilot to safety at Tab m The waters and authorities reported no further injuries
MENTIONED IN THIS ARTICLE
Warwick
Upi
Air
C. L. Kegley
York
Kegley
Langley
James HL Colegrove
Tabb
Oscar L. Walker
Walker
William R. Sander
Newport News Daily Press
Sander
Actress Credits Hope for Life-Saving Call
Hollywood actress Sunny Boyne thanked Bob Hope for saving her life after she was overcome by gas fumes from a heater. Hope urged his assistant to reach her by phone on Friday, and she answered calling him grateful for the life-saving ring.
MENTIONED IN THIS ARTICLE
Hollywood Pi
Haze
Sunny) Boyne
Bob Hope
Hope
Onnie Whizin
Miss Whizin
North Hollywood
Miss Boyne
Trend of Security Prices for Past Week Analyzed
By PAUL H. MACGREGOR with 5. F. Hutton & Gowpony. The note warns that defeatist sentiment and tight money policy keep markets on the selling side. It cites auto retail sales at 500,000 monthly, department stores 2-2 percent above last year, and possible shifts in capital expenditures. It argues a buying reserve, warns of a 435-425 Dow target, and suggests potential 600-780 Dow recovery timing.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
FRB
Oarssay
Dow
Ing
Armod i Institutions
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Walter Breede
General Electric Co
Watertown
Upstate New York
Conference of
Alcoholics Anonymous
U. S. Coast and Geodetic Survey
Yeunei
Burkeya Sina LE
Yokohama
Rth
Long Beach
Hewallan Bullaer
Tacoma
Windsor
la Palaee
Southern California
Aiadeve Stabe
Buaymag
Mexica
Manzaniilo
Irrox
Mitsui
le Lavra
Bosch
Wilko
San Barnaniing
Huaxhinia Marte
Portland
Yong
Itinian
Bowie
Soneke
Baltimore
Calmer
Martinez
Dan Gnor
Pau M. Grane
Oletim
Pac
Coast Travatory
Pa. Ynne
Lyk Blahop
Palmdale
San Pedro
Sian
Inetna
Dati Lins Fen
San Fran
Blythe ‘Burbenkea
Baracena
Santa An
Kare Ling
Sra
Campo
Santa Baz
Bolivar
Axadena
Ba' Santa
Torranga
Sall— A
OT di Riveralde
Victorville
Monusbailo Amcor
Warner Springs
Ventura Calitoenia
Aera
Antwerp
San
Fresciaco
Procress Zeb
Abilene
Tex
Frank Ira Blute
Seattle AmBrilg
Orangiaca
Botas
Knoxville
Glattheseen
Boston
As Veros
Heartie Az
Brownsville
Medford
Spokane
Francisca Buffalo
Mary Olzon
Lonion Eharbeater
Fey
Zonder Cine
Vancours
Tacopllla
Cleveland
Aton
Colony Mariner
Francisco Beaver
Willistos Wentemare
Iit
Ray
Seafarer
Francisco Datrolynko
Winnipeg
Poet Fins
Pacificus Dai
Ohama
Bodsa
Pendleton
von Winslow
Philwine
Rarapart
Francisca
Duluth
Fairbanks
Adeberage
Willamette
Legion
Orien
Paul H. Macgregor
F. Hutton & Gowpony
Austria
aeDe
Araniak
EAD
Morrissey
THE
Independent, Press-Telegram
Zora Gridley
Justin Grannis
Fifth Street
Huntington Beach
Harry Dixon
Weston
Dorothy Gleeson
Freeman
Robert Black
California
Ina Shaver
Charles Foley Hl
Termino
Lawrence Pigstey
Realty
Wilmington
Joseph Johnson
W. 52Nd
Harbor City
Elsie Hinds
Osgood St
Insurance Department
the Independent and Press-Telegram
Long Beach, California
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