Economic Expansion and Employment Outlook in 1949
National income rises after a 1949 dip while industrial output and consumer purchasing power show growth. Analysts say production up but jobs remain a key question as the economy expands.
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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Apr 13, 1950
Page
1
National income rises after a 1949 dip while industrial output and consumer purchasing power show growth. Analysts say production up but jobs remain a key question as the economy expands.
Washington April 13 economic experts say first quarter 1950 shows general gains in production and buying power. National income rose after a slump, industrial production recovered post strike, and per capita personal income reached new highs. The president's council foresees continued prosperity through the year but notes slower private investment and persistent labor-market concerns.
A spring snowstorm hit the Corry area last night, leaving about 5 to 6 inches of snow and slick streets. State highway crews resumed plowing by midnight and continued into morning as temperatures hovered around 17 degrees. No major accidents reported, though one car-truck crash occurred in the city amid slippery roads. The storm was felt across western Pennsylvania and nearby regions.
A juvenile in Huntington, West Virginia, killed his parents and sister with a knife and hammer, then took his own life. The Associated Press report cites a troubled youth known locally as Willem Blank, details a chaotic household scene, and notes police and hospital actions as authorities investigated the killings and attempted to save the killer.
David A Hillstrom president of Corry-James town Mfg Corp has been elected a member of the board of directors of the Swedish Chamber of Commerce of the United States An official notification from Sweden cites Hillstrom’s long active role in the Swedish Chamber He will serve as a fellow director alongside leaders from major firms and the Swedish ambassador to the United States
An improvised bomb exploded on a window sill at Harvard University's Thayer Hall injuring one student and alarming about 160 freshmen. Robert Dobble of Allentown, Pennsylvania, suffered facial lacerations as glass shattered and a window frame blew out. Police chief Al Randall said the device likely a prank by Yard troublemakers, and noted no student injuries were severe.
Property owners association reports $6000 spent on Findley Lake improvements. President C M Howard says funds financed by purchases of the former mill site and waterworks, with labor donated by members. Workers cut 350 stumps, dismantled the old mill, built a retaining wall, rebuilt a dam sidewalk, and will clear dirt to form a swimming area peninsular. The water level was lowered five to six inches and will be replaced. plans include a park and broader improvements with nonprofit memberships to support ongoing projects.
Five licensed liquor establishments in the city face suspensions by the Pennsylvania Liquor Board for allowing miners to frequent and for sales to miners. The actions, effective May 5, follow hearings in Erie last month. Frank's Tavern was cleared. others may continue to operate with a $10 daily privilege during the suspension.
Mireya Urguidi a 22 year old Bolivian woman pleaded with Naturalization Chief J Stewart for permission to extend her six month Visitor's visa. The permit expires in June. She fears marriage to an older man to whom she has been betrothed since childhood and did not give his name. She described her situation in a soft accent and said she would return to South America if denied.
Two Cory youths, Joseph Amoroso and Aston Char hotly, face trial in Mayland Circuit Court on April 24 after confessing to shoplifting and being implicated in a crime spree. Police report state the men were arrested following a break in at a grocery on East Mill Street and note prior appearances and pleas. The court will hear the cases unless a plea is entered before Judge Both.
Federal district judge Kennerly in Houston awarded plaintiffs 200 million dollars in disaster claim damages. The ruling covers five claims connected to a Texas City catastrophe two years earlier and comes as the weekend was underway.
A Blue Cross report by the Hospital Service Association of Pittsburgh shows Corry Memorial Hospital received 342,805 in 1949 as part of western Pennsylvania totals of side 10,190,000 paid to member hospitals. The association says 1.5 million members cover the region and that 190,524 cases produced 2,420,134 days of care. Also noted is a Pittsburgh printers strike with 400 workers idle after wage and welfare demands were rejected.
Hong Kong April 12 reports say a stream of foreigners arrived in Shanghai from Cheinm aust China today. The city is easing travel bans as Russians, including civilians and some political workers, flood Shanghai streets amid a tense atmosphere. Passengers aboard a small postal vessel recounted crowded conditions and mixed sentiments.
Two youths, a 14 year old and his older brother, confessed to a break-in at Bowl-Aire bowling alleys and a December theft. Police report the younger boy is abroad with his father, and the older brother is awaiting formal position on the case. Pete Russell, bowling alley operator, valued losses at about 95 dollars.
Washington April 19. The government Bureau of Labor Statistics reports a rosy outlook for petroleum production and refining with a rise in demand for petroleum products. About 400,000 workers are employed in refinery production out of roughly 1,500,000 in all petroleum fields. Texas leads oil field jobs, followed by Oklahoma, Kansas, Texas, California, Louisiana and Pennsylvania. The 375 refineries employ about 200,000 workers, with leading refinery states Texas California Pennsylvania Indiana Louisiana and New Jersey.
Pravda reports a sea and air search widens for a missing U S patrol plane with ten aboard in the Baltic. The incident follows a claimed Soviet shooting down a U S plane near Latvia and Latvia border areas amid conflicting statements and protests from Moscow and Washington.
McCarthy may call a former Communist to bolster his Lattimore case. Prosecution talks with the witness occurred as tensions rose in the Senate inquiry. Meanwhile Senator Tydings delayed an aide appointment amid disputes with Senator Lodge over staffing and process.
Lancaster April 13 A Presbyterian group plans a prayer meeting to honor Annie Helbeck of Strasburg on her 102nd birthday Sunday She has used a wheelchair for six years but refuses to be called an invalid and will wear a new hair-do for the occasion
A new report of possible plane wreckage in the Baltic sent U S search craft off the Swedish island of Deland as they hunt a navy panel plane missing since Saturday with 10 men aboard. Debris sightings near Gotland sparked hopes, while Soviet fire reports and weather limited visibility for the search. Meanwhile, discussions in Washington touched on arming patrols near Russian borders.
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