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...Free Headache. Of the 656 corporate domestic bond issues traded on the New York Stock Exchange in 1956, only 44 showed price rises for the year. Among them: Bethlehem Steel (up 30?), Southern Natural Gas (up 16??), Detroit Edison (up 11), General Dynamics (up 8?). Tax-free municipals were even more of a headache. In 1956 alone, $5.4 billion in tax-exempt bonds were floated, bringing the total municipal debt to nearly $50 billion. This flood of issues, competing for an already restricted money supply, forced the market down further...
...Words Are Not Enough. More than 16?? million words have been filed from Nurnberg. The Russians?who filed almost every document?topped both the Britons and the Americans. As world interest in the trials varied, so did the number of newsmen; at one point this summer there were only five Americans left...
...provided by huge storage facilities. Buenos Aires is erratic. From its year's low Argentine wheat has lately zoomed 25¢ per bu. to a five-year high of 82½¢. The true world price for wheat is therefore set in Liverpool. The Liverpool price has, since early September, climbed 16?? to nearly 99¢ per bu., jumping 8¢ last week alone. Snipping costs considered, dollar wheat in Liverpool is equivalent to $1.20 wheat in Chicago...
...Draper Corp. of Hopedale, Mass., manufacturers of automatic weaving machinery. Hercules Powder's extra was 75¢, Scott Paper's 25¢. Sunshine Mining Co., with 14 Idaho lead and silver mine claims known as the Yankee Boy and Yankee Girl groups, had 4¢ extra to add to a 16?? dividend...
...airplane. Temperatures recorded included ?4° at Lynchburg, Va., ?6° at Washington, ?8° at Richmond, ?8° at Atlantic City, ?26° at Buffalo, ?12° at Toledo, ?34° at Sault Ste. Marie, ?10° at Duluth, ?2° at Chicago, ?16?? at Detroit. Total death toll from cold: 40. *Biggest year's expenditure for the British dole...