Babson Forecasts Drop In Business For 1950 Labor Strife Cited
Economist Roger V. Babson predicts 1950 will see a fall in total business volume due to union labor disputes and higher consumer costs. He says wage increases will be few, negotiations costly, and the Taft Hartley law will remain while pensions and benefits rise. He urges production and efficiency to drive progress and notes general price declines across retail and farm sectors with debt reduction and cautious inventories.
MENTIONED IN THIS ARTICLE
Roger v. Babson
Uation
Tae
Florida
Californi
New Mexico
Arizona
Republican Party
Wall Street
John L. Lewis
Isbor
Congress
1950 Economic Outlook from American Business Firms
The forecast covers 1950 in finance and industry with notes on tax exemptions for foreign investments, stock and bond trends, real estate and construction shifts, and political dynamics. It anticipates increased money supply, steady gold price, inflation stock demand, utilities and machinery gains, and ongoing military preparedness shaping employment and markets.
MENTIONED IN THIS ARTICLE
Russia
Congress
Wises
Welch Co. Sued for 150000 in Washington state
Westfield December 30 Raymond O T Ryan executive vice president of Welch Grape Juice says a suit for 150000 has been filed by Yakima Valley Cooperative Grape Growers Association. The suit stems from no contract for processing and marketing 2811 tons of grapes in 1948. Association seeks the amount plus over 118000 advanced in Sept Oct 1948 and complains the company report was brief and costs claimed exceed earnings. Auditors’ figures show 1450 per ton listed as distributable to growers, with expenses at 11.48 per ton leaving the grower only 2.02 per ton.
MENTIONED IN THIS ARTICLE
Westfield
Raymond O'T. Ryan
Welch Grape Juice Company
Washington State
Yakima Valley Co- Operative Grape Growers Association
Welch Company
Association
World’s Champion Liar Award Goes To Honest Goerlich Of Ohio
Burlington Wisconsin December 30 a fantastic fishing tale about a dead Colorado trout won Ohioan Honest John Goerlich of Toledo the World’s Champion Liar award by unanimous vote The story claims he hooked a trout with a cane pole drew the knife and stabbed the fish to death after pulling the pole from the water Honorable mentions went to Bob Elverman Louisville and G E Berry Maumee Judges also rejected a Canadian contestant L W Tupper Patellla Alberta from consideration
MENTIONED IN THIS ARTICLE
Amy Trusty
Bob Elverman
Louisville
G. E. Berry
Maumee
Ohio
L. W. Tupper
Pattiela
Alberta
Canada
A GOP sweep looms in Erie offices as meeting nears
Erie observers await a Tuesday county commissioners gathering amid talk of replacing eight Democratic county appointees. GOP leaders, now controlling City Hall, made prior threats, while Democrats warn of counter moves if a sweep occurs. The School Board remains the sole Democratic stronghold, sources say.
MENTIONED IN THIS ARTICLE
Erie
Bath City
Nobodly
Court House
Thomas Flatley
Willard D. Hunt Buried at Pine Grove
The funeral service for Willard D. Hunt was held at Davison Funeral Home yesterday at 1:30 p.m. Rev. James McIntosh officiated as bearers Lawrence Andersen C A Pier Douglas Rozelle Harry Morris Louis Lutz Ray Wolford and interment followed at Pine Grove Cemetery. Out of town attendees included Edna Tunequiss and son Jeny Lester Muse and family Marion Suse Berenice Nuse Joseph Reade and son Calvin Mattesot Jamestown Roy Maggee Erie Harriet Smith Conewanga N Y Charles Hunt East Springfield Leslie Johnson Albion Burl Cobin and family Dalton N. Also includes a Treasury report for Washington with budget receipts expenditures and balance.
MENTIONED IN THIS ARTICLE
Willard D. Hunt
Davison Funeral Home
James McIntosh
Lawrence Andersen
C. A. Pier
Douglas Rozelle
Harry Morris
Louis Lutz
Ray Wolford
Pine Grove Cemetery
Edna Tunequiss
Jeny
Lester Muse
Marion Suse
Berenice Nuse
and Mirs
Joseph Reade
Paul
Calvin Mattesot
Jamestown
Roy Maggee
Erie
Harriett Smith
Conewanga
Charles Hunt
East Springfield
Leslie Johnson
Albion
Mis. Burl Cobin
Dalton
Milk Price Hearing Set For Erie Johnsstown Altoona
Harrisburg Dec 30 The State Oil Control Commission announced hearings next month to consider possible price changes in the Erie Johns town Altoona and Schuylkill marketing areas. Chairman H N Cobb said the hearings are on its own motion to determine if adjustments are necessary in any of the three areas. The hearing will be held on January 16.
MENTIONED IN THIS ARTICLE
Harrisburg
State Oil Control Commission Today
Erie
Johnstown-Altoona
Schuylkill
Ares
H. N. Cobb
U E
Johnstown Library Receives Prized First Edition Handel Work
Johnstown Pa December 30 a dog eared leather volume acclaimed as a first edition of Handel s The Messiah was presented to the Johnstown library. The scarce 18th century volume dates to about 1758 and was donated by Donald Davis whose father, a former Cambria County sheriff, once owned it.
MENTIONED IN THIS ARTICLE
Johnstown
Library of Congress
Handel
William C. Braith
London
United States
Harvard University Library
King of England
Samuel Johnson
William Cowper
Donald Davis
Davis
Cambria County
You May Have Kidney Fatigue And Not Know
An advertising blurb urges readers to buy Thompson's Borsoma Tablets claiming they relieve aches and pains by helping kidneys remove poisons. It presents a sensational health claim with little credible detail and uses quotation marks around the term kidney fatigue.
MENTIONED IN THIS ARTICLE
Thompson
Doug Gists
Television production set to double 1950 output
Sunbury Pennsylvania report cites industry spokesman F M Sloan of Westinghouse Electric predicting television production will nearly double in 1950. He estimates output for the industry over 3 500 000 receivers, with potential expansion to 15 20 million by year end. Price reductions from higher production could make sets more affordable for many buyers.
MENTIONED IN THIS ARTICLE
Pyassucmen
Sunbury
Hee, C
F. M. Sloan
Westinghouse Electric Corporation
Also Mentioned on This Page
Babson
Uae
Federal Reserve
Bow St
Desmond Electric
W. Church B. Corry, Pa
Franklin St
Corry, Pa
Welch CO
Welch
Co-Op
Washington
Pine Grove
Treasury
The
Frank's Tavern
TrovoRs
Neste
Bi _ Corry, Pa
Bauer & Black
P.C
Elantie Edgw
Army & Navy
Armya Wavisto
ARMY
Corry
North Center Streat
Tudor
Fordor
Liberal Trades
Powell
Sun Harbor
Fisher's Pork & Beans
Brown & Book
Fryers—Swanson
Winesap
Dudsoma
RTF
Voas Srb
Clothes
Wodike
Francisco
T Nme Emia
Puska
Dito
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