Record High May Shopping spree To Lift 1948 Sales
New York December reports indicate US consumer spending during May could push total 1948 retail sales to about 13 billion dollars, roughly 3 percent above 1947. Despite weak November results, year end orders and December's rush are expected to drive annual sales to a record, with the 1948 total near ten percent higher than 1947's 110 billion.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Wasp Limited
Duta Bradstreet Research Agency
Christmas Adoptions Surprise Pittsburgh Families
A judge approved adoptions for 20 couples as Christmas gifts, marking the unusual decision in Allegheny Court. Certs list “Da Nob lopen Until Christmas,” with letters stating the joy of giving a child a permanent home. The scene reflects postwar hopes and a year-end surge in compassionate acts across family services.
MENTIONED IN THIS ARTICLE
Pittsburgh
Jude Jane P. Cox
Omphans Court
Used Car Sales Drop Blame Controls In Cleveland
Cleveland dealers report a virtual market collapse with estimates of a 75 percent sales drop from last year. The Cleveland Used Car Dealers Association plans a committee to seek modification of government restraints. Sam Greenfeld leads the group. Ray M. Gidney of the Federal Reserve Bank will be asked to present the issue in Washington.
MENTIONED IN THIS ARTICLE
Cleveland
Sam Greenfeld
Cleveland Used Car Dealers Assoction
Ray M. Gidney
Pesterdl Reserve Bank
Washington
Tse
Banks Will Pay Higher Rates
New York December 24 Manhattans big savings banks plan higher interest for depositors. About half of 532 savings banks show raises to 2 percent from 1 percent, with others likely to follow. The National Association of Mutual Savings Banks reports more than 50 percent of deposits invested in securities and a quarter in municipal or miscellaneous assets. Some banks offer markups and specials to attract customers, including a few with promotions tied to installment loans or certificates. The article notes cautious investor behavior and varied offerings across institutions.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Manhattan
Bie Savions Bngiles
Nationil Association of Mutual Savings Banks
Central buying exhibit shapes wartime supply needs
Washington news report on a four dollar exhibit of military goods at the Army Navy and Air Force show. It notes 400 items of personal equipment and uniforms considered for standardization, with the Munitions Board evaluating which items should be approved. Access to the exhibit is restricted to reporters and officials as a precaution against embarrassment to armed services.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Virgil
Army
Navy
Air Force
Rene
Aly Helberg
Poe Hite
Defuse
Stal
Army Quarte Tafter
Adlington
Potomac
Munitions Board
Dr Rutledge Will Not Contest Extradition
Dr Rutledge refuses extradition, seeking speedy handling of a murder charge involving a St Louis pediatrician’s death. He is charged with first degree murder in connection with the December incident, held on a $9,000 bond in St Louis, with defense attorney Loren F Daehren cited.
MENTIONED IN THIS ARTICLE
DR. Rutledge
Associated Ress Gedar Rapids
Dee
Robert & Rutledge
Nis Witws
Loren F Daehren
Athieney
St Louis
Ant Dr
Ruwedge
Sare
Heddes
Cedar Runlils
Dry Rutledge
Byron CG Hathman
Lois
Also Mentioned on This Page
Tment
Rsyi
Jruny-Venes
Crick
Cewlers
Alc
Evert
Tess HK Sale
Armed Services
Al’s
Deasants
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