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Newspaper
Austin American
Location
Austin, Texas, United States of America
Date
Jun 08, 1949
Page
9
The Bureau reports unemployment up by about 220,000 from April to May, with a 273,000 rise in unemployment but 279,000 drop in nonfarm jobs. Youths aged high school and college filled much of the rise while farm jobs increased, defying seasonal expectations.
A Buus co ity margarine advertisement touts three benefits flavor nutrition and economy for family meals on vegetables and bread in a yellow bag. A separate May employment report notes total nonfarm and full time gains but rising unemployment due to slack work and short hours amid shifts in farm and nonfarm jobs.
The Shanghai Power Company received a loan of 100000 dollars in gold bullion from the Communist Peoples Bank to avert a fuel oil shortage. The move comes as Shanghai faces a three week oil supply, with foreign ships barred from disembarking and emergency controls on assets of the so called Big Four Families.
Fugitives Carl Bistrom and Allen G Hartman fled across five Midwest states after a Minneapolis officer was killed. Their stolen car crashed into a creek near a farm house as they were pursued by police from air and ground. Arthur Bistom surrendered Monday night at West Point Nebraska. Hostages, including a Mandan police officer, were held eight hours in a farmhouse before efforts to escape failed.
The Senate foreign relations committee urged rapid ratification of the 12 nation mutual aid Atlantic Treaty. It warned of disastrous consequences abroad if the treaty is not approved. Britain has ratified. Canada followed May 3. Belgium Denmark France the Netherlands Luxembourg Italy Portugal Iceland Norway remain.
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