Federal Reserve tightens consumer credit under Regulation W
Washington AP The Fed tightens easy payment loans on goods from 50 to 5000 with new terms effective Sept 20 under Regulation W. Down payments range 15 20 pct and payment limits 15 to 18 months. Exempts ordinary charge accounts and single payments. Credit now at record 14.2 billion with instalment share.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Truman Murday
New York Consumers Council
UN Warns Arabs Jews Over Palestine Truce Violations
The United Nations Security Council urged Arabs and Jews to avoid further violations of the month-old Palestine truce. Responding to fears from mediator Count Folke Bernadotte about Jerusalem, the council passed a warning in a near unanimous vote with Russia Syria and Colombia abstaining on some parts. It adjourned for a planned month-long recess before reconvening in Paris.
MENTIONED IN THIS ARTICLE
Lake Success
United Nations
Palestine
Folke Bernadotte
Jerusalem
Security Council
Paris
United States
Britain
France
Canada
Russia
Ukraine
Syria
Colombia
Dock Strike Threat Looms for East Coast Workers
A presidential fact-finding board told President Truman that a 45,000 strong east coast dock workers strike is imminent. The report could lead to an 80 day Taft Hartley cooling off injunction to stop a strike set for midnight Saturday and centers on employers demand for over time on over time payments.
MENTIONED IN THIS ARTICLE
Washington
Truman
Supreme Court
Woman's Heart Beats After Short Stoppage
Mrs. Helen Ertle, 31, in Massillon Ohio, revived after her heart stopped for several minutes during anesthesia for an operation. Doctors said she regained consciousness with a very slight improvement reported by City Hospital. The surgeon manually restarted her heart for six minutes after artificial respiration failed.
MENTIONED IN THIS ARTICLE
Massillon
Helen Ertle
City Hospital
Gene Lamb Dies at 54 Explorer and Author
Gene Lamb a 54 year old explorer author and lecturer died of heart disease last night. His work spanned travel writing lectures and scientific exploration across several continents. A memorial service was planned in his hometown with colleagues paying tribute to his adventurous life.
MENTIONED IN THIS ARTICLE
Gene Lamb
Los Angeles
Republic Fights to Retain Government Blast Furnace Lease
Republic Steel officials pressed to reclaim the government owned 28 million dollar blast furnace in Cleveland as Kaiser-Frazer insisted its lease remains in effect. Edgar F. Kaiser said operation would begin Sept. 1 amid ongoing talks with Republic. Washington protests grew from Republic pig iron customers and Midwest industrials while Preston Tucker vowed to block the Kaiser-Frazer lease.
MENTIONED IN THIS ARTICLE
Cleveland
Republic Steel Corp
Kaiser-Frazer
Edgar F. Kaiser
K-F
Republic
WAA
Preston Tucker
Ohio Supreme Court Asked to Oust Portsmouth Councilman
An ouster suit seeks to remove George L. Koerner from the Portsmouth city council. John W. Bush, appointed by Mayor George W. Wear, claims Koerner forfeited his seat by taking a master mechanic job at Athens State Hospital, violating the city charter’s rule against holding another public office. Koerner resigned the hospital position weeks ago.
MENTIONED IN THIS ARTICLE
Columbus
Ohio Supreme Court
George L. Koerner
Portsmouth
John W. Bush
Koerner
George W. Wear
Bush
Athens State Hospital
Airline Fares to Rise as Free Meals May End
Washington reports a ten percent fare increase expected within two months. Fares average about 5.5 cents per mile now, rising to just over six cents the highest in 15 years. The Civil Aeronautics Board held a landmark conference to address the industry’s financial crisis and the possible end of free meals.
MENTIONED IN THIS ARTICLE
Washington
Civil Aeronautics Board
Newark Plant to Quit Tire Manufacturing
The Pharis Tire and Rubber Co plans to stop producing tires in Newark. President Furber Marshall says liquidation estimates are being prepared for stockholders. The Newark plant has been closed since May 1 due to a wage dispute with Local 21 of the CIO United Rubber Workers.
MENTIONED IN THIS ARTICLE
Newark
Pharis Tire and Rubber Co
Furber Marshall
Pharis
CIO
United Rubber Workers of America
Truman Proclaims September 16 as National Guard Day
Washington announces President Truman designated Thursday September 16 as National Guard Day nationwide. The proclamation honors the National Guard and encourages public recognition of its service.
MENTIONED IN THIS ARTICLE
Washington
Truman
National Guard
Polio Cases Reported Among GIs in Japan and Tokio Area
The Army reported 64 polio cases among American occupation personnel in Japan with deaths this year. A sleeping sickness patient is in Okinawa and 13 more suspected cases are in Japan. Most polio cases cluster in the Tokyo Yokohama region.
MENTIONED IN THIS ARTICLE
Tokyo
Okinawa
Japan
Tokyo-Yokohama
Man Accused In Cab Driver Robbery Case
Clyde G. Kelly a 25 year old from near Bartlett was arrested in a Parkersburg hotel after a taxicab driver was robbed near New Lexington. He waived extradition on armed robbery and auto theft charges and was to be taken to New Lexington by Perry County Sheriff. Kelly had 806 dollars and a 22 caliber revolver when seized and had prior sentences including a 1944 auto theft conviction and prior detentions at Boys Industrial School and Mansfield reformatory.
MENTIONED IN THIS ARTICLE
Washington County
Akron
New Lexington
Clair Butts
Perry County
Clyde G. Kelly
Bartlett
Parkersburg
Kelly
State Highway Patrol
Ohio Penitentiary
Athens County
Amesville
Meigs County
Boys Industrial School
Lancaster
Reformatory
Mansfield
Officials at Odds Over Hot Ham Loot Across Two Counties
In Columbus two county officials spar over a hoarded hot ham loot from the Swift & Co. plant. Franklin County deputies say some ham moved to Lancaster while Fairfield County officials decline comment amid the probe. General Manager J R German defers to law enforcement.
MENTIONED IN THIS ARTICLE
Columbus
Swift & Co
Franklin County Sheriff's Deputies
Lancaster
Fairfield County
W. C. Pickering
Pickering
Franklin County
Ralph J. Bartlett
Swift
J. R. German
Sheriff's Office
Shoe Industry Asked To Cut Profit Margins
Mark A. Edison president of the National Association of Shoe Chain Stores urged all industry segments to cut profit margins to lower footwear prices. He praised chain stores for maintaining prices and expanding low price offerings versus a year ago.
MENTIONED IN THIS ARTICLE
New York
National Association of Shoe Chain Stores
Mark A. Edison
Association
Five Germans seized in Berlin border raid by Russian MPs
Russian military police and German officers backed by Moscow raided the American sector of Berlin seizing five German police. The action, denounced by U S authorities as a breach of jurisdiction, followed earlier raids on Potsdamer Platz amid a day of tense clashes and reports of casualties.
MENTIONED IN THIS ARTICLE
Berlin
U.S
U. S
M.P
Lomakia
United States
Pilot Lands Impaired Ship To Save 38
Chicago officials report an emergency landing after an American Airlines jet could not lower its nose wheel. Capt. Edward T. Cycon and co-pilot Ervin Boldt guided the tail-heavy craft to Glenview NAS after circling Chicago Municipal Airport for over an hour. All 38 aboard survived with no fire.
MENTIONED IN THIS ARTICLE
Chicago
American Airlines
Cincinnati
Glenview Naval Air Station
Municipal
Edward T. Cycon
Ervin Boldt
Navy Field
Cycon
Navy
American
Ohio youth faces death in electric chair after failed appeals
Donald Frohner an 18 year old Youngstown boy convicted of killing William Spieth faces execution after failed appeals. He and companion planned a ransom kidnapping and Frohner described the fatal attack. Gov Herbert refused to intervene with a stay. He awaits a possible Supreme Court appeal for clemency.
MENTIONED IN THIS ARTICLE
Donald Frohner
Youngstown
Spieth
Richard Masters
Common Pleas Court
Frohner
State Pardon and Parole Commission
Thomas J. Herbert
Draft boards to mail classification questionnaires begin Sept
President Truman ordered Selective Service Boards to mail classification questionnaires to single non veteran registrants by Sept 7 as part of the peace time draft act. Questionnaires determine induction or deferment with oldest first, then broader mailing from Sept 30, and registration runs Aug 30 to Sept 17 for younger men. About 15 000 will be inducted next week for November uniforms.
MENTIONED IN THIS ARTICLE
Washington
Truman
Selective Service Boards
Army
Labor Law Revision Seen In GOP Campaign
GOP efforts to revise Taft Hartley loom as Democrats call for repeal. Gov. Dewey signals openness to corrections while defending core act principles and weighing how changes could win labor support without alienating others.
MENTIONED IN THIS ARTICLE
Washington
Thomas E. Dewey
Dewey
Salt Lake City
Mate Sought In Stab Death
Detectives hunted a 26 year old convict in the fatal stabbing of his estranged wife in Cleveland. The man Mike Balyint had been released on probation in November 1946 from Lewisburg Pennsylvania where he served part of a ten year sentence for kidnapping tied to an auto theft. His wife Mary 21 was stabbed in her mother's bedroom. The mother Mrs Mary Yuhacz and Balyint's sister Margaret 23 were wounded while aiding.
MENTIONED IN THIS ARTICLE
Cleveland
A. A. Cobb
Mike Balgint
Lewisburg
Balyint
Mary
Mary Yuhacz
Margaret
Two Boys Held in Fire in Reno Tragedy
In Reno Nevada two nine year old boys were detained by juvenile authorities after a downtown fire Sunday killed five people and injured 137. Police said the youths started a paper flame in a basement of a vacant building and could not stop the blaze as it spread to stored junk.
MENTIONED IN THIS ARTICLE
Reno
Nev
L. R. Greeson
Spy Witness Is Sought In Congressional Hearings
Rep Nixon presses for rapid production of witness J Peters by the Immigration Service for HUAC hearings. An admitted former Communist testified Peters led the US Red underground. Peters is reportedly under a 5000 dollar bond awaiting deportation action. Immigration Commissioner Watson Miller plans talks with Nixon.
MENTIONED IN THIS ARTICLE
Washington
Rep
Nixon
Calif
Immigration Service
J. Peters
House Un-American Activities Committee
Peters
United States
Immigration Bureau
Watson Miller
Miller
Fisherman Discovers Body Of Missing Farmer In River
The body of 80 year old George Edgar Mast, a retired farmer who vanished from his home Wednesday, was found today in the Muskingum River by fisherman Harold Smth. The coroner investigates the death.
MENTIONED IN THIS ARTICLE
Zanesville
George Edgar Mast
Muskingum River
Harold Smth
Motor Boat Capsizes Drowns Two Ohio Men in River
ZANESVILLE Ohio, Bernard Gatewood 26 and Arthur C Harris of Zanesville drowned when their outboard boat capsized in the Muskingum River yesterday. Guest Alvis Johnson of Baraga Mich held on to the craft and was rescued.
MENTIONED IN THIS ARTICLE
Zanesville
Bernard Gatewood
Arthur C. Harris
Muskingum River
Alvis Johnson
Baraga, Mich
Gatewood
Columbus Area Extended Forecast Sets Warm Start to Week
Temperatures will average 1 to 3 degrees above normal with highs near 76 to 79 and lows around 56 to 68. Expect a warmer Sunday, a slightly cooler Monday, and warmth returning by Wednesday. Precipitation from scattered showers or thundershowers totals near 0.1 to 1 inch through Sunday.
MENTIONED IN THIS ARTICLE
Columbus
iSunday
U S Demands Russia Remove New York Consul General
The United States declares Consul General Lomakin abused his position and violated protocol in the Kosenkina affair. Washington asks Moscow to revoke Lomakin’s exequatur and for him to leave the United States within a reasonable time. The note rejects Soviet kidnapping claims and cites Lomakin’s misleading statements and interference with police.
MENTIONED IN THIS ARTICLE
Washington
United States
New York
Russia
Lomakin
U. S
Oksana K. Kosenkina
Mikhail I. Samarine
Tolstoy Foundation
Samarines
Kosenkina
State Department
Molotov
Alexander S. Panyushkin
Soviet Union
Conesul
Department of State
German Court Indicts Schaub for War Crimes
In Munich the German government indicts Julius Schaub for allegedly persuading Hitler to kill Jews. It marks the first war crimes charge brought by Germany itself.
MENTIONED IN THIS ARTICLE
Mernberg
Germany
Julius Schaub
Adolf Hitler
Munch
Newark Bus Strike Threat Looms Over Fare Hike
Rapid City Transit Co announces Newark bus drivers may strike if Mayor Edwin J. Haynes does not sign the fare increase ordinance. The threat centers on transit service and city governance.
MENTIONED IN THIS ARTICLE
Newark
Rapid City Transit Co
Edwin J. Haynes
Also Mentioned on This Page
Babe Ruth
St. Patrick’s Cathedral
Bronx River
New York City
Gate of Heaven
Mt. Pleasant
N. Y
John J. O'Donnell
Furnace
Red
Arthur Chapman
Chapman
T. G. Frohner
Ted
Smokey
Lydia Marcell
Dagens Nyheter
Sweden
Stockholm
Ohio
Schaub
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