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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Feb 06, 1948
Page
4
Journal notes from 1928 recount a Craker party's return to the city when a Nash driven by Craker sideswiped by a speed fiend on a highway west of Corry Hatcherg. The car crashed into a culvert abutment, but no one was hurt.
Confidential reports from 82 foundries show about the same share of total pig iron as 1941, but under 20 percent of plants have full supplies. Of 2 casting plants, 14 get full, 6 reach 70 to 99 percent, 16 have 60 to 62 percent, 2 under 60 percent. 9 started since 1941, 3 using all Semap, 3 out of business. 67 surviving foundries now need 23 051 tons monthly, up from 18 788 in 1941, a 20.8 percent shortage. Multiple factors complicate the outlook as scrap supply remains critical.
South Penn Oil of Bradford completed a large stock deal buying 160000 shares of Gulf Oil export stock at 59 dollars per share. The $8850000 investment was announced by president George J Hanks who said the income from Gulf stock will be substantially higher than from the low interest bonds previously held.
A Supreme court jury in Mayville awarded Henry O Block of Jamestown $2000 after an hour of testimony in a negligence suit against Julius Fennell of Brooklyn and the Smith and Smith Truck Supply Co of Brooklyn. The case involving a last year's collision near East Rutherford New Jersey sought $952? for loss of use and property damage and $500 for personal injuries.
February 6 sale completed for the Geerie Plant at 13th and Chestnut streets Erie. Reed Manufacturing Co acquires the property in a county court deed by Reconstruction Finance Corp financing with a 150090 price and 100000 secured by Security Peoples Trust. Plant built by War Assets Administration for war work. current occupants Colman Manufacturing Perry Plastics and Ind. Me Opramic Arts will be allowed to continue occupying space. Reed plans to use the building while retaining tenants temporarily.
A scrambled quiz features ten items about memory, geography, science, and literature. It asks about octopuses arms, a political resignations, Pennsylvania cities, Balkan nations, explosives cache, venomous secrets, Les Miserables, spider classification, and a plant-use decision by a class.
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