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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Jul 11, 1951
Page
3
A Washington correspondent notes a hidden tie between movie stars and corn kernels that keeps many theaters profitable. It details popcorn sales, pricing, and theater practices, with figures on margins and production, plus comments from operators and a Nebraska producer about intermissions and concession strategies.
A former Czech secretary general warns that wars with Russia may erupt when the Soviet atomic stockpile reaches a critical level. He says Americans are used to strong military power and fear a Western Hemisphere conflict if tensions rise.
Oklahoma City reports former Texan Wallace E Perkins now holds Oklahoma citizenship after his wife urged Governor Murray to grant papers. Perkins, a Duncan resident, was allowed to retain some Texas identity if he adopted Sooner ways. Authorities later flag an odd jail incident in Virginia as 33 inmates were held in a newly opened town jail.
WASHINGTON UP Foster told Congress that Communist gains threaten Southeast Asia unless the United States and the West provide economic aid. He urged continued European aid beyond Marshall Plan aims while warning that without U.S. support Southeast Asian nations cannot meet basic needs, offsetting Soviet influence, and that Europe must boost production and unity to fund defense and deter inflation.
A team of horses hitched near Dallas city’s new expressway broke loose and charged through six lanes of speeding traffic. Motorists used own horsepower to maintain distance as a wagon dragged behind. A wheel failure halted the run, police redirected traffic while handlers corralled the animals and cleared the scene.
Montague County records reveal a star studded push into oil royalties with Hollywood names like Bogart, Miranda, and Stanwyck eyed as investors joining Bolin Oil near Spanish Fort. The wildcat No 1 Will Laird is under the R F Millard survey as Montague expands its oil boom alongside Canyon Reef success.
Federated Department Stores, Inc. agreed to purchase Sanger Brothers, Texas' oldest and Dallas' largest department store, for 4.25 million dollars. Ralpo Lazarus said Federated will assume all assets and swap common stock at 1 Federated share for 24% of Sanger. Sanger, founded in McKinney in 1857 and moved to Dallas in 1872, employs about 1200, with last year’s gross over 22 million. The Sanger name will continue and the store stay in operation. This acquisition gives Federated a second Texas outlet and third in the Southwest, joining Foley's in Houston and Halliburton's in Oklahoma City. Federated, headquartered in Cincinnati, runs six other major stores including Abraham and Straus in Brooklyn, Filene’s in Boston, Bloomingdale’s in New York, Lazarus in Columbus, Shillito’s in Cincinnati, and the Boston Store in Milwaukee.
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