GM Chief Sees 1950 Prosperity If Buyers Stay Calm
General Motors President Charles E. Wilson predicted 1950 will continue strong business if Americans are not scared into delaying purchases. He cited four risk factors including political missteps, international tensions, coal supply disputes, and the steel strike. He doubted a sub $1,000 car return and warned against drastic changes.
MENTIONED IN THIS ARTICLE
Washington
Charles E. Wilson
General Motors
Wilson
US News and World Report
United States
NAM reports high 1949 production despite strikes
New York December 26 NAM's yearend study estimates 1949 manufacturing output will be only eight to nine percent below 1948 despite first-half declines and widespread strikes. If 1950 stays within five to ten percent of 1949, overall operating rates remain satisfactory. The report notes profits uneven across sectors with steel and autos up while textiles, pulp and paper, and oil lag.
MENTIONED IN THIS ARTICLE
Austin American
Austin, Texas
NAM
New York
National Association of Manufacturers
Truman Watches Daughter Unveil Jackson Statue
President Truman attended the unveiling of a life sized bronze equestrian statue of Andrew Jackson in Independence Missouri. Margaret Truman unveiled the statue with Keck of New York the sculptor. the gift honors Jackson County where the President served as presiding judge. Local officials and about 1500 residents gathered at the courthouse square.
MENTIONED IN THIS ARTICLE
Independence
Truman
Margaret
Andrew Jackson
Old Hickory
United States
Mr. Truman
Prescription drive for Trusses and Surgical Garments
A local initiative urges residents to bring prescriptions for trusses and surgical garments to the health clinic. The drive aims to assist patients needing assistive devices and medical support supplies.
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John L. Lewis
Richey Cycle
Rio Grande
Treadwell
Optometrists
Beok
Jackson
Zale
Congress
Wilson X-Ray and Surgical Company
Guadalupe
Beacon
Gabardine
Atuhuhany Halllu
Madras
Coats
ACME