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Newspaper
The Daily Mail
Location
Hagerstown, Maryland, United States of America
Date
Jun 06, 1960
Page
20
AP analysis cites Fed rate cuts as symbolic and argues inflation could ease as production costs stay steady and output expands, with lower demand and inventory discipline easing price pressures and boosting confidence that the inflation era may be fading.
A lumber fueled fire leveled Easton Furniture Products Co. destroying the one story wooden building. Fire units from five towns fought the blaze for over an hour. Estimated damage ranged 80 000 to 875 000 with about 140 workers affected. Nearby homes and businesses were threatened including Nehi testing Co. No one was inside when the fire started around 115 a m and cause was undetermined.
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