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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Aug 25, 1950
Page
8
The Air Force develops a brainy automatic parachute system from Windsor Field that opens at set altitudes to prevent shocks, oxygen loss, and injuries during high altitude drops. Pilots set a timer for opening height, and the chute deploys after the jumper falls to a pre selected altitude.
The Associated Press reports a sharp stock market dip with key shares down a few cents toward $2, later stabilizing but lacking any decisive rebound. Steel, motor, and utility stocks led the selloff with notable declines in American Can, AT&T, Bethlehem Steel, General Electric, and other majors. Egg market also mixed with irregular wholesale declines and varied prices for different grades.
A Pittsburgh trucking company filed for a restraining order against Pennsylvania officials enforcing a 45 000 pound weight limit for heavy duty tractors, claiming overweight permits are blocked. The move follows a broader dispute over how the state regulates truck weights and impact on commerce. The Pennsylvania Motor Truck Association offered a cautious view on potential fines and tax implications amid the weight law debate.
Mister Breger Auction Sales presents a public sale Saturday August 26 at 1 pm in Findley Lake New York featuring dairy cattle Guernsey Holstein cows and calves plus livestock gear and farm equipment. Arthur Auction Sales offers a similar sale at the residence of the late Edna Wassink in Corry New York with household items and furnishings. County notices in Erie PA advertise a county property sale September 28 and a sealed bid sale for removing buildings at 561 Liberty Street Corry. Card of Thanks mourns loss of Mrs Laurette Hammond.
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