Divergence of Views on Business
New York reports three common business outlooks. Commerce Secretary Weeks remains optimistic citing war avoidance sentiment and planned peace moves in Korea. Henry Heimann of the Credit Men warns of sellers markets and softer prices while noting potential benefits from a normal readjustment. Dr. Arthur Burns stresses built in defenses against recession and urges containment of booms.
MENTIONED IN THIS ARTICLE
New York
Secretary of Commerce
National Association of Credit Men
Eisenhower
Commerce Secretary
Weeks
Korea
Credit Men
Henry H. Heimann
Hermann
Arthur F. Burns
National Bureau of Economic Research
Burns
Bureau
Government voices tax cuts amid deflation risk
The article notes a push for tax reductions tied to national income contracts and emphasizes the government's pledge to prevent unchecked deflation, stressing policy safeguards against continued price declines.
Draft Calls Won’t Drop if Truce Reached
Defense officials warned against expecting a rapid fall in draft calls even if Korea sees a truce. Maj. Gen. E C Lynch said no substantial change in inductions for about six months, with 23 000 monthly figures unlikely to drop quickly. Secretary Wilson said it will take at least six months to reduce forces, and a truce does not guarantee peace or a homecoming rush.
MENTIONED IN THIS ARTICLE
Washington
Korea
E. C. Lynch
Defense Department
Office of Manpower Requirements
Lynch
Defense
Charles E. Wilson
Midland City Manager backs off shorts controversy
Midland City Manager W H Oswalt said he would rather forget the matter after confusion over a reported call for a city ordinance banning women from wearing shorts. He stressed the city has no such rule and noted the incident sparked indignant responses from residents.
MENTIONED IN THIS ARTICLE
Midland
W. H. Oswalt
Midland Reporter-Telegram
Russia
Oswalt
Law Would Limit Lifting by Women
The New Jersey State Federation of Labor passed a resolution at its convention urging legislation to prohibit employers from requiring female workers to lift more than 25 pounds. The move reflects labor leaders push for restrictions on heavy lifting by women in the workplace.
MENTIONED IN THIS ARTICLE
Atlantic City
N. J
New Jersey
Jobs Getting Harder to Find in Texas TEC Says
Texas Employment Commission reports slower job prospects in May with 49,292 placements, down 1,528 from April. Gains in food processing offset by declines in construction, furniture and metals, wholesale and retail, households and government. year to date nonfarm placements reach 231,395, up 340 from last year’s five month period.
MENTIONED IN THIS ARTICLE
Austin
Texas
Texas Employment Commission
TEC
Grave digger survives sudden mudslide in Italian cemetery
In Riofreddo Italy Angelo Sat anassi was buried up to his chest after an earth slide while digging a grave. Three hours passed before mountaineers heard him and villagers later found him fainted. Officials believed him dead until he sat up as the priest prepared the last rites.
MENTIONED IN THIS ARTICLE
Riofreddo
Italy
Angelo Satanassi
Satanassi
Election judge asks about party affiliation
A mountain gal dodges answering party allegiance. The judge insists a ballot requires a party affiliation, prompting her retort that her party is not yet divorced. The exchange captures candid frontier-era voting tensions.
MENTIONED IN THIS ARTICLE
Wa-al
Gillespies Propose Sunday Night Show In Whitewright
Mr and Mrs Frank Gillespie announce a trial cinema at Whitewright offering a 10:30 pm Saturday midnight show The Stooge a Sunday 2:00 pm matinee Invaders from Mars Sunday night after church and 7:30 pm Monday night. they seek feedback if the town wants the service.
MENTIONED IN THIS ARTICLE
Stooge
Whitewright
Helen Carter
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