Babson Forecast for 1944 Sees Mixed War, Price Signals
Babson analyst Hogem Babson outlines 1944 prospects with firm postwar demand, higher prices, and government policy effects. He expects commodity prices to rise on shortages, tax actions from Germany’s collapse, and strong retail activity, while noting distortions from subsidies and potential port surpluses. He highlights top states and cities for growth and signs of postwar reconversion in industry.
MENTIONED IN THIS ARTICLE
Hogem Babson Babson
Germany
Waly
Portoneépur
Europe
China
New York
Pennsylvania
Indiana
Tinois
Missouri
Texas
California
Orega
Washington
T Lke
Georgia
Minneoola
Florida
Nebraska
Utah
Arizona
Searcer
Detail
Michigan
Jackson
Knoxville
Tennessee
Phoenix
Portland
Oregon
San Diego
Savannah
Springfield
Massachusetts
Toneka
Kansas
Michita
Atlantic
Navy
Fotwa
Thievers
Gloucester And Airdrome Battle Blasts Soviet Threats
The Gloucester City Council wrapped the year with a budget session approving a 1944-45 tax levy, a revised payroll and withholding adjustments, and a plan to recover $21.45 in an overpayment. Delinquent taxes totaling $26,804.53 were slated for enforceable collection, with a city assessor appointment looming.
MENTIONED IN THIS ARTICLE
Barnes
Mdian
Sweet
Bates
Deimcilman Kinley
Hepler
George Besson
W. W. Waterhouse
Walker remains firm in Esquire hearing
Postmaster General Walker declared Esquire magazine was not arts or news and should be barred from the second class mail. The decision, announced as his personal choice, targets the magazine’s cartoons and articles including the Varga Girl.
MENTIONED IN THIS ARTICLE
Walker Remains Firm IN
Esquire Hearing
Spociated Press
Washington
Walker
Eaquire Magazine
Claus Mai
Bombers Hit Paris Suburbs In Allied Assaults
London reports Allied daylight bombing of Paris area as part of a climactic offensive. Exact targets not announced by American headquarters. Renault works at Billancourt and Gnome-Rhone near Paris are cited as German war production centers. Possible objective linked to chemical works at Ludwigshafen.
MENTIONED IN THIS ARTICLE
Associated Press
London
Dev
France
Paris
Renault
Seine Island
Billancourt
Gnome-Rhone
Geremans
Ludwigshaten
Allied Chiefs Confident of 1944 Allied Victories
Allied leaders from Devers to Halsey voiced confidence that 1944 would bring decisive blows to Nazi forces. Devers forecast a year of deliverance as Allied forces prepare for Mediterranean action, while Halsey pledged repeated strikes toward Tokyo. Ghedd in Puerto Rico noted rising victories and troops in Europe. Moscow anticipates the war’s end as Eisenhower’s defeat Germany echo spreads through Soviet papers.
MENTIONED IN THIS ARTICLE
Associated Press
Jacob L. Devers
Mediterranean
Devers
Royal Military College
Aldershot
England
South Pacific
William F. Halsey
Halsey
Tokyo
San Juan
Puerto Rico
William B. Ghedd
Antilles
Moscow
Evrywhere
Edgee ‘Gilmore
Eisenhower
Germany
Cape Gloucester Captured In New Guinea Victory
United States marines stormed Cape Gloucester and its airstrip four days after landing from New Guinea, driving Japanese defenders from the area. General Walter Krueger reported 700 Japanese killed around Cape Gloucester. MacArthur praised the operation's speed and effectiveness as allied forces moved northward toward Finschhafen and the Ramy and Markham valleys. The seizure cut the New Britain sea supply line and marked a major step in the New Guinea campaign.
MENTIONED IN THIS ARTICLE
Ty Associated Press
New Guinea
Cape Gloucester
New Britain
Walter Krueger
U. S. Sixth Army
Gloucester
Douglas MacArthur
Kreuger
Capes Gloucester
MacArthur
Finschhafen
Ramy
Marksham
Huoncoaut
Bliecher Point
Talawie
New Guinea-New Britain
Argwé
War Industries to Close for New Year’s Day Observance
Industrial plants including Aero Supply, Raymond Mfg, Corry-Mix, Ajax Tron, Jones Steel, and others will shut down New Year’s Eve afternoon and reopen Monday. Retail stores in the city will suspend activities. social clubs and veterans groups plan New Year celebrations with dances and open houses for members and guests.
MENTIONED IN THIS ARTICLE
Chyry
Tell Ipdlonlur Co
Whlcl
Aero Supply
Mig
Raymond Mig Co
Me~ Jones Steel Company
Gomy
Elk
jEve
Ralnh Ward
Orchestia J Club
Veterans of Foreign Wars
Inouse
VFW
Tom
Aid Hie Stanfore Hose
Wil
State With Bright Health Record In 1943
Harrisburg reports 1943 health record among the best, with meningitis as the sole negative mark. Dr. Moore Campbell cites 308 typhoid cases and 490 diphtheria cases, praising prevention work and sulpha drug use that cut mortality well below historic levels.
MENTIONED IN THIS ARTICLE
Associated Press
Harrisburg
Pennsylvania
Moore Campbell
Campbell
Peter
Blood donors urged as Corry Red Cross appeals
An urgent appeal for blood donors was announced by Mrs Mildred A. Alfred. A two day visit by the Buffalo blood bank to Corry is planned with blood donations accepted 10:40 AM to 4:40 PM. Donors aged 18 to 80 may participate. those 18 to 21 need a signed parental release. Appointments available by calling 35-504 or at 184 North Center Street.
MENTIONED IN THIS ARTICLE
Corry
al Red Cross
Mildred A. Alfred
Theyeley
Havik
Red Cross
Alfred
Nortix Center Street
Roosevelt ready to decide wage dispute with unions
Washington reports say 15 railroad non operating unions rejected Roosevelt's arbitration basis and demand a 0.4 ruling on overtime. Roosevelt signals readiness to make a decisive decision, while unions threaten a strike vote if not granted. War Department involvement noted amidst tensions.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Roosevelt
War Department
Thehraiten
eWay Department
Ulticers
P. B. Robertson
A. M. Praser
Tin ¢Unduetors
TG. Cashen
Hongling
Delaure
Ajax Gives 2000 To Corry Hospital Donation
Sidney B. Elston, head of the hospital association, announced that Ajax Tyons Works contributed two thousand dollars to the Corry Hospital. In recent weeks several Corry industrial firms and individuals have given funds to the hospital relief efforts to help cover part of the needed costs.
MENTIONED IN THIS ARTICLE
Ajax
Corry Hospital
Suilley
Urawink
Sidney B. Elston
Esrner
Hospital Association
Corry
Record says infant 18 pound birth in Knoxville
In Knoxville on December 31 a baby weighing 18 pounds 10 ounces was born to Mrs. George Esslinger. Attending doctors said the infant is normal despite the extraordinary size, the largest baby recorded locally with four others globally larger at birth.
MENTIONED IN THIS ARTICLE
Knoxville
Tenn
Sounee
George Esslinger
Allied and Axis Naval and Ground Actions Reported
British Navy claims a heavy campaign through December with no combat ship losses while sinking the Scharnhorst and destroying escort ships. Allied HQ reports German counterattacks repelled near the Italian front as the Monte Cassino corridor narrows. Berlin claims Allied merchant ships totaling 15,000 tons and four ships damaged in Atlantic and Mediterranean actions.
MENTIONED IN THIS ARTICLE
Associated Press
London
Scharnhorst
Admiralty
Dew
Berlin
Raitin
Germiii Sumarines
Atlantic
Mediterranesh
Fire and blasts destroy plant at Philadelphia
Fire and blasts damaged the Metalcraft Products Company plant at 114-144 North Seventh Street and an adjoining building in Philadelphia. Seven stories of the neighboring structure and the Jenkins Bros building suffered damage while crews fought the blaze to keep it from spreading to nearby restaurants and shops. Firefighter casualties included Chief Vivian severing an artery while rescuing four. Fireman Joseph Murphy collapsed from exhaustion.
MENTIONED IN THIS ARTICLE
Way
Brean
Philadelphia
Dreai
Ponuéstesi
Blue
Metalcraft Products Company
North Seventh Street
U. S
Signal Corps
Jenkins Bros Company
North Seventh
Josephs Murphy
Alion
Desent Vivian
Hremen
Eleydlor
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