GM Calls For Eased Rollback In Auto Price Fight
General Motors urges modification of the price rollback to December 1 levels. GM halts deliveries of 1951 models to dealers pending review, affecting about 7,500 Chevrolet, 4,200 Pontiac, and 1,600 Cadillac outlets. Ford Chrysler and Nash price moves uncertain. unions fear wage gains.
MENTIONED IN THIS ARTICLE
Detroit
Dec
General Motors Corporation
Washington
Economic Stabilization Agency
Michael V. di Salle
Chevrolet
Pontiac
Cadillac
Buick
Chrysler
Ford
Mercury
Lincoln
Nash
White House
Walter P. Reuther
CIO
United Auto Workers
Reuther
Auto Industry
General Motors
Oldsmobile
Car dealers await GM price order impact on 1951 models
Austin area dealers including Capitol Chevrolet Cadillac and Jack Stableford Pontiac report potential sales halts on 1951 models after government price rollback to December 1 levels. GM says the order is discriminatory and models remain on consignment. First 1951 Cadillacs not expected until late this month.
MENTIONED IN THIS ARTICLE
Austin Chevrolet
Pontiac
Cadillac
General Motors Corporation
Capitol Chevrolet Inc
Good Motor Company
Jack Stableford
Pontiac Company
Truman Seeks Powers To Boost Mobilization
President Truman asked Congress to restore wartime powers to adjust defense contracts and restructure agencies to speed mobilization. He plans further emergency authority in January and outlined title one and two powers, including agency creation and contract price adjustments.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Barkley
House
Rayburn
D-Texas
82Nd Congress
Michael V. di Salle
Economic Stabilization Agency
Swift
Armour
Cudahy
DiSalle
Department of Agriculture
ESA
Con
Shoe Fund appeal for barefoot boy during Christmas rush
In the rush of Christmas shopping readers are urged to aid a barefoot boy on the corner by contributing to the Shoe Fund. The note appears in Page 1, Part 2 of the section. The NCAA Sanity Code overhaul is set for discussion when the national organization meets in Dallas in January, addressing aid to football players and college athletics.
MENTIONED IN THIS ARTICLE
NCAA
National College Organization
Dallas
Trading Frenzy On Wall Street Amid Defense Push
New York stock market saw record activity as 4 490 000 shares traded on Monday the second busiest in 11 years. Buyers flooded in on defense related firms with aircraft steel railroad and oil stocks leading gains while some shares jumped up to around five dollars before late profit taking.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Wall Street
Truman
Rubber industry to hold output at current rate into 1951
B F Goodrich vice president James J. Newman said government restrictions will still allow production at the present rate for the first two months of 1951. He noted sufficient rubber should meet civilian tire needs while defense demand rises, with 1950 passenger tire output likely to exceed 1949 by about 12 million units and sales set for a record.
MENTIONED IN THIS ARTICLE
Akron
B. F. Goodrich Company
James J. Newman
Goodrich
Newman
Urgent Civil Defense Bill Clears Committees Ahead of Christmas
The House armed services committee cleared the civil defense bill by unanimous vote and the Senate committee followed with similar progress. A national emergency is declared and the plan calls for a federal civil defense administration to coordinate local and state efforts with a potential outlay of over 3.1 billion dollars over three years. Millard E. Caldwell is eyed as administrator at 17 500 dollars per year.
MENTIONED IN THIS ARTICLE
Washington
House Armed Services Committee
Senate Armed Services Committee
Vinson
D-Ga
House
House Committee
Millard E. Caldwell
Florida
Caldwell
Truman
Senate
Reconstruction Finance Corporation
RFC
Ont
Atlantic Pact Nations Agree On International Army Move
In Brussels ministers from 12 Atlantic Pact nations approve steps to form an international army including Germany to defend Western Europe from Soviet aggression. Plans call for 55 to 60 divisions and over one million men by end of 1953 with Eisenhower likely to command.
MENTIONED IN THIS ARTICLE
Brussels
Belgium
Western
Europe
Soviet Union
Dwight Eisenhower
Truman
Eisenhower
Germany
Bonn
Alphonse Juin
Morocco
Alfred M. Grenther
US Army
Defense
Dean Acheson
West Britain
United States
Brabant
Military Committee of Chiefs of Staff
Frank Pace
Atlantic
Paris
Acheson
West
State approves revised seven year hospital building program
A revised $39 million seven year construction plan for hospitals and special schools was approved by the state board. It allocates $5 million annually funded by a cigarette tax approved last year. Projects include upgrades and new facilities at Mexia Abilene San Antonio Rusk and Austin institutions with yearly allocations through 1956 and beyond including psychiatric beds tuberculosis wards and senile ward buildings.
MENTIONED IN THIS ARTICLE
Associated Press
State Board For
School For the Blind
Mexia State School
Abilene State Hospital
San Antonio State Hospital
McKnight State Sanatorium
Rusk State Hospital
Austin State Hospital
Mexia State Home
Terrell
San Antonio
Austin
Abilene
Terrell State Hospital
Wichita Falls
Official of Film Agency Dies of Heart Ailment
John Hyde aged 55 vice president of the William Morris Theatrical Agency and confidante of Hollywood stars died on Monday in Los Angeles following a heart ailment.
MENTIONED IN THIS ARTICLE
Los Angeles
John Hyde
William Morris Theatrical Agency
Hollywood
Peiping Cease-Fire Talks Sought by UN Truce Delegation
United Nations truce negotiators appealed directly to Peiping for a meeting to discuss a Korean cease-fire. Lester B. Pearson said it is too soon for an answer, with Wu Hsiu-Chuan pressing Formosa terms as the basis for talks. The committee paused until new developments. Wu suggested Peiping talks, then a possible rejection or invitation.
MENTIONED IN THIS ARTICLE
Jacob A.malik
United States
Formosa
Red China
Pearson
Sir Bene
N. Rau
India
Assembly
Nasrallah Entezam
Iran
China
Wu Hsiu-Chuan
Korea
Peiping
Planes and Ships Join in Battle for Hungnam
US forces report heavy pressure around Hungnam North Korea as Chinese and North Korean units probe the beachhead. Missouri battleship and aircraft carriers join ground operations with Marine fliers supporting strikes on Changjin Reservoir and surrounding positions. Estimates place about 100000 Chinese in the drive, with right flank the most dangerous area.
MENTIONED IN THIS ARTICLE
Tokyo
Hungnam
Korea
United Nations
Missouri
Bataan
Marine
Marine Aircraft Group 33
Prince
Philippine Sea
10Th Corps
Stan Swinton
Chigyong
Hamhung
Wonsan
Third Division
Princeton
Changjin
Red Cavalry
Cne
Hungnam Plain
Tenth Corps
First Battle Test of Best Plane F86 Bags MIG 15
North American F 86 Sabre pilots claim victory in Korea over MIG 15s near the Manchurian border. Lt Col Bruce Hinton reports a kill after a five minute dogfight, with a MIG 15 going out of control and tumbling toward Manchuria. Col Meyer hails the Sabre as fastest and finest.
MENTIONED IN THIS ARTICLE
William C. Barnard
Korea
America
Bruce Hinton
Stockton
Calif
Hinton
Kanggye
John C. Meyer
Forest Hills
N. Y
Yalu
Manchuria
Also Mentioned on This Page
Big Corporation
American-Statesman
Austin American-Statesman
Agriculture Department
Valentine
Charles FE. Wilson
General Electric
Wilson
Centex
Sene Penner Wren Rene Comics Beesens O
Editorial
Anne
Ginko Ween
Reuben
Beachhead
Singapore
Maria Bertha Hertogh
Paul W. Bryce Jr
Lawrenceburg
Tenn
Bryce
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