McGrath accuses A and P of misrepresenting civil suit
US Attorney General J Howard McGrath charged the A and P Chain Store organization with misrepresentation in full page ads in 2000 newspapers. Speaking to the United States Wholesale Grocers Association, he said the civil case seeks to end practices found to violate antitrust laws by restructuring A and P into independent units, separating manufacturing from retail, and dissolving the Atlantic Commission Company.
MENTIONED IN THIS ARTICLE
McGrath
A&p Chain
Cincinnati
J. Howard McGrath
A&p Chain Store
Department of Justice
United States Wholesale Grocers Association
A&p
Department
A&P’s
Atlantic Commission Company
Senate approves doubling federal bank deposit insurance
Washington March 13 The Senate passed a bill to raise federal insurance on individual bank deposits to 10000 up from 5000 and send the measure to the House The change would cut insured banks assessments and distribute refunds from 60 percent of excess income to member banks reducing future costs by about 55 percent.
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Washington
Senate
House
Federal Deposit Insurance Corporation
Senate Banking Committee
Extra-Fast Headache Relief Advertisement Card
Headache relief promises fast acting BC powders or tablets with a multi-ingredient formula. Both powder and tablet forms available, two tablets equal one powder, priced 10c and 25c. Contains neuralgic and minor muscular ache relief claims with directions to use as directed.
Cotton Futures Edge Higher After Early Dip
New York buyers and short covering trimmed losses as cotton futures closed slightly up after an initial dip. Final prices rose 20 to 60 cents a bale amid light liquidation in old crop contracts due to weak textile demand and near term expiration. New crop months held steady in New Orleans with local buying and concerns over reduced acreage and possible heavy weevil infestation. Korea entered the market for April May shipments of American cotton.
MENTIONED IN THIS ARTICLE
New York
Aaron
New Orleans
Korea
Galveston Spot Cotton Prices Reported March 13
Galveston spot cotton closed steady with gains for middling and good middling values. New Orleans early futures dipped then rebounded on short covering. spot prices around 31 cents per pound for middling and 32 to 34 cents for higher grades. Average Southern spot market price shown around 31 cents, with receipts light and stock figures listed.
MENTIONED IN THIS ARTICLE
Galveston
New Orleans
Arch
Stock Market Slips As Narrow Session Sees Weak Carriers
New York March 13 AP stock market opens weak with carriers dipping fractionally as earnings fail to excite investors. AP index steady at 73.4 while rails retreat 0.3, utilities drop 0.1 amid a 1,065 issue day, 364 advancers and 409 decliners. trade volume 1,060,000 shares, strongest gainers include Laclede Steel American Telephone Boeing and International Paper. notable declines hit Studebaker and General Electric among others.
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New York
Balis
Associated Press
Childs Company
Columbia Gas
Laclede
al Va. Ys Steel
American Telephone
Boeing
Philco My
American Smelting
Merican Can
International Paper
American Tobacco
Sinclair Oil
Barnsdail Oil
Johnsonville
Xeustown Sheet
Ube
Jyster
Studebaker
Goodrich
Ontgomery Ward
Distillers Corporation
Seagrams
Admiral Corporation
Emerson Radio
Zenith
Kennecott
Copper
International Nickel Bio
DuPont
Generalectric
Philip Morris
New York Mtral
Chesapeake and Ohio
Union Gas of Canada
Philadelphia Couny
Lionel Corporation
Harvestine
Consolidated Gas and Electric
Baltmore
Pancoastall
Allied Products
Arkansas Natural
Kaiser-Prager
Reds Purge Gum Chewing Workers at Radio Berlin
West Berlin sources report 50 people were fired from East German Radio Berlin in a purge against American chewing gum culture. Most transfers live in West Berlin. The action followed the firing of a Swiss music director blamed for boogie woogie barbarism and not recognizing Soviet musical influence. Radio Berlin’s US jazz programs remain very popular in Berlin and East Germany.
MENTIONED IN THIS ARTICLE
Berlin
INS
West Berlin
Radio
San Antonio Child Killed by Truck
San Antonio reports a fatal accident as Ester Angiano, age 3, was run over by a truck late Sunday. Police said the incident occurred in the city, with no further details available at press time.
MENTIONED IN THIS ARTICLE
San Antonio
Ester Angiano
All Stock Types Steady to Strong On Bexar Market
San Antonio market notes March 13 show cattle and calves steady to strong with active slaughter and feeder classes. Prices list load lots and range by weight, including yearlings at 2600, cows 16.50 to 19.50, hogs higher, sheep steady, goats active with varied Angora values. FORT WORTH LIVESTOCK also reports strong cattle and calf demand with higher prices, and hogs and sheep largely steady. Foreign exchange rates also provided for major currencies.
MENTIONED IN THIS ARTICLE
Acties
Aes
Bexar
San Antonio
Federal
Mkt
Fort Worth
March Wheat Soars To New High On Market Rally
Chicago wheat prices surged to new highs as March futures jumped 35 cents amid renewed buying from short sellers. Soybeans and oats showed mixed moves, while cash grain demand appeared fair in Fort Worth with receipts led by wheat and corn.
MENTIONED IN THIS ARTICLE
Sone Icago
Ondeyarch
Mayang
Fort Worth
Grain and Cotton Exchange
Texas
Texas Gulf Ports
Chicago
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