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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jun 03, 1954
Page
4
Economic opinion in the United States largely holds that the recession ended and a slow rebound is under way. The Dow Jones industrial average rose 72 points over eight and a half months, boosting investor confidence. The 1954 Commodity Year Book foresees buyers scrambling to purchase many goods by late summer or autumn, except farm products held in check by harvest pressure and government surplus liquidation.
Compact rental ad lists per day prices for lawn roller one dollar lawn seeder seventy five cents post hole auger one dollar wallpaper tools one dollar floor sanders and polisher linoleum roller step ladders planks drop cloths paper steamer water pump. Located at 552 Lodi St phone 39-112. Buy Sell Rent through Chronicle Telegram Want Ad Nowspaper.
LaGrange High School conferred diplomas Thursday night during commencement exercises. C. Q. Noble distributed diplomas. Robert Peters, the principal, honored outstanding students with awards: Ronald Spaulding for sportsmanship. Charles Moulder for instrumental music and academic work. Donald Davis for medals in track events. Rodney Seabold for track placement. Jack Zimmerman for agriculture. Rita Pelton as valedictorian. Edward Noble as salutatorian.
During the period described, production was curbed and inventories were adjusted. Once completed, buying should rise on all sides as firms seek to rebuild stocks. In Wall Street, profit taking occurred but buying remained strong enough to push the industrial price index to a new 25 year high.
Fritz J. Hartman of Spring House Pennsylvania says he reached 96 years old by minding his own business. He credits a simple habit as the key to his long life and frames his longevity around personal discipline and independence.
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