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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jan 31, 1951
Page
4
The Pennsylvania Railroad reports net income for 1950 of 28,620,077, tripling 1949’s 17,474,697. Earnings per common share were 2.92 versus 0.95. The gain reflects operations plus non recurring items including prior-year tax adjustments, December mail revenue of 19,570,000 before tax, and 10,000,000 set aside in December for freight car and property maintenance.
A late January 1931 update notes a Climsz Manufacturing Company plant revival to produce all electric and gasoline electric industrial locomotives within 60 days. Reports also cover a Pittsburgh to Cleveland line incident, high school basketball results, a home visit of Leo Franz Jr from State College, and a suspended trial due to Judge O'Brien’s illness affecting the Sedition case of three western Pennsylvania Communists.
Erie County Bar Association will meet February 5 to consider a resolution calling for the establishment of a fourth Erie County judgeship. Atty. Lyman Shreve, president, says the move seeks state legislature action and cites workload and county size as justification.
ERIE Jan. 31 police say cracking of a local burglary ring, mainly safe looting, was shown during questioning of the fourth suspect, a 17 year old Exie youth held on an open charge. An announcement of developments is expected within 24 hours. One suspect, David T. Watkins, 26, Erie, has confessed his part in a $700 safe robbery at Electrolux Corp office.
The Associated Press reports 12 firms and four individuals plus a trade association indicted for attempting to monopolize the metal abrasives industry. Pittsburgh Crushed Steel and Steel Shot Producers Inc. of Butler, Pa are named with officials Gustave H. Kan William L. Kann and Isaac A. Diamondstone among those charged in a price fixing conspiracy under anti trust law. The Cleveland grand jury handed down the indictment as Attorney General McGrath announced from Washington.
The Defense Department seeks Congress to end the 1948 Selective Service Act exemption for National Guard personnel, including new units. Guard members already exempted if joined before June 24, 1948 could lose status. the policy may widen to all after that date. The aim is to avoid disorganization and ensure units are ready for call to active service.
President Truman told Congress about free life insurance for all servicemen and veterans, warning many Americans could become veterans or dependents. He cited costs above $10 billion for current programs and noted a 1929 House bill for pensions. Veterans groups split on the House plan, with the American Legion opposing automatic 90 day post discharge coverage.
A scrambled quiz lists ten questions on topics from copper restrictions to the 1st Marine Division, with mixed garbled phrasing. It asks who said No man is born an artist, what Mats stands for, and details about a 1950 annual poll among Swanson and Emfhere.
Electrical Workers will seek discharge of two Erie officers Charles Nelson and David Kester bound over for trial on assault and battery charges. UE counsel George Schrosch expected to appear in court to argue the petition to quash warrants against Nelson, president of Local 506 at General Electric, and Kester, chief steward. The union claims the pair were denied their legal rights.
Brabender refused them an all manic trial by a six man jury provided by an 1861 law since repealed.
Allied forces pulverized Kansong and Kosong with 24 hours of bombardment from Task Force 77. Missouri 16 inch guns opened great holes in Kosong’s business district while 10th Corps pressed the North Korean Fifth Corps. UN air, ground and artillery fire exacted heavy toll as Turkish units aided advances near Suwon and beyond.
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