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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jul 16, 1946
Page
6
Jamestown July 16. The City of Jamestown steamship helped rescue two girls from a burning outboard boat off Long Point on Chautauqua Lake. Captain Nelson recounted the incident, noting minor damage to the boat and no injuries to the youths.
Nine year old Richard Nother was knocked unconscious and seriously injured when he fell fifteen feet through a hole into the basement of the First Presbyterian Church at South and Sassafras streets in Erie during a rebuilding job after a fire. Fellow boy Henry Tiegen witnessed the dive and summoned help. Patrolmen Lampe and Hetho took Richard to Hamot Hospital where he later regained consciousness. He may have a skull fracture and facial injuries. condition described as serious but not improving.
Sparta P T A officers and committee chairs were appointed at the July 10 meeting hosted by president Mrs Winnie Winans. New roles include program chair Elizabeth Stranahan and publicity lead Marjorie Supp, with 12 other committee heads and a new run of duties cards to be issued soon. Bid solicitations for cook and cashier will be considered at August 19 schoolhouse session.
Washington reports a fierce clash over consumer credit rules running parallel to price control battles. Federal Reserve officials warn controls must stay while goods stay scarce and prices rise to prevent inflationary pressures. Critics argue credit limits curb production and stall purchases, backed by a survey showing most families lack substantial savings and rely on current earnings for essentials while aiming to buy autos and appliances.
The article notes the Federal Reserve drops controls on consumer credit with high cash items like automobiles and furniture. Buyers may pay small down payments and extend balances beyond a year, while critics warn the move hurts the ordinary buyer and veterans by favoring wealthier customers and delaying essential purchases. The Reserve argues incomes support more liberal terms.
Fire at the Pince Forge and Manufacturing Company in Easton destroys the main building. Estimated loss ranges around 200000 to 900000 dollars with the office and dye shop saved. Only two workers inside at the time. Firefighters fought the blaze as walls and framework survived.
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