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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jul 31, 1948
Page
1
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Fragmentary OCR text yields a compact item likely from a local paper. The readable bits suggest a short public notice or advisory, with no clear person, place, or event fully identifiable. Further readable context is needed to craft a precise card.
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Babson argues insiders dump oil stocks as Dow Jones averages drift. He cites forecast patterns, tax changes, and dividend yields to justify a caution on equities. He notes selling pressure around Dow 185 and predicts brokers will push for buybacks, with continued volatility expected through May and beyond.
Skepticism grows over Soviet Foreign Minister Molotov’s absence from Moscow as Berlin talks stall. Berlin Social Democrats accuse Moscow of delaying tactics amid Western efforts to widen the airlift. US plans to boost Berlin relief via two routes, freeing 28 transports as rumor mill cites political blackmail. Continued on Page Two.
Two autos were damaged in a sideswipe accident about miles north of the city on the Carter Fil road. Keith Mathews of East Liverpool and Harald L. Merkle of Union City were involved. Estimated damages were 40 dollars to Mathews and 200 dollars to Merkle. no injuries were reported.
A remodeled establishment on Corry Sparta Road opens as a dairy bar with soda fountain service and sandwiches. The former Joestye site has been updated to provide definite access along the highway and attract travelers.
The Pennsylvania Gas Company seeks at least 15,090,000 cubic feet daily from the Big and Little Inch lines as it reports 1,000 more space heating customers this year and forecasts 4,000 next year, 3,000 the following year, then 2,000 annually. D. E. Conaway told a Federal Power Commission hearing in Washington that violations of installation rules occurred but were not widespread and that severe shortages could recur in a harsh winter. The move follows similar appeals by Iroquois Gas of Buffalo and United Natural Gas of Oil City.
Rescue teams raced to the Edgewater mine when a gas explosion ripped through a shaft area four miles from the entrance. Seven miners died and twelve were injured, with two in critical condition. The Tennessee Coal, Iron and Railroad Co mine near Birmingham employs about 1,000 workers. Crews continued searching the wreckage for missing miners as authorities investigated the blast’s origin near a new ventilation shaft.
A petition signed by more than 100 residents in the First ward requests City Council action to abolish a smoke nuisance in East Math and Liberty streets. Council may vote on the petition next Monday night, while third reading of Bill 766 establishing a $25 license fee on cigarette vending machines is also on the agenda. Owners of operating machines threaten to contest the ordinance in court if enacted. Other items for the August session include regular bills and reports at the first meeting of the month.
Chief County Detective Charles S Johnston probed charges that a potential witness in the grand jury racket investigation in Pittsburgh was threatened with death if he testified. Theodore Pritchard, a private detective, said he received nine or ten anonymous calls. He described threats saying he would never testify again. Pritchard aided Al Florig in gambling investigations. Florig is the star witness in the case alleging corruption at multiple places with police or political protection.
Judge Newell in West Palm Beach directed verdicts clearing Dietsch and two women, Anne Kapral and Marguerite Wagner, of breaking and entering and accessory charges. Prosecution plans further charges tied to stolen goods and cross state cases, but acquittals end current trial scope.
Hagerstown Md July 31 Pittsburgh police seek Dale Lesher 29 in connection with the death of 74 year old rent collector Charles Ketler in an attempted robbery. The victim was beaten in his Pittsburgh apartment last Friday. investigators note a nickel was taken and label the case the nickel murder.
Washington reports say Han Remington, a former party agent and head of an Office of International Trade program, faced Senate investigators over alleged wartime secrets passed to a Soviet spy. Details allege loyalty concerns and a Civil Service probe as witnesses cite Communist ties and covert dealings with wartime intelligence.
Honesdale Pa July 31. Superintendent John Rutherford reports a three year old inmate of the Berth Hospital for the Criminal Insane escaped. He identified him as Steve Tusken 32 of Pittsburgh. Marlan wins in Olympics Olympic Pool Wembley July 1 Bruce Harlan of Ohio State won the Men's springboard diving championship noting America its first gold medal winner in these Summer Olympic games.
New York July 41 ruler witby al Newhorely inlet ident Prumut aid Tin Republi can rival Guy. Phomis E. Dewey opened world’s largest airport at New York International Airport in Queens. The dedication featured a huge air show with an estimated 100,000 spectators and a military display. The ceremony included party leaders and a parade, underscoring a pivotal moment in postwar aviation and politics.
In Ludwigshafen Germany the explosion and fire at the IG Farben plant left about 200 dead and nearly 400 injured. Officials fear many bodies remain buried as the plant sustained extensive damage estimated at 5 million dollars. Authorities reported 2,100 workers were injured or hospitalised and many more were displaced or missing.
A German military court convicted Alfried Krupp von Bohlen und Halbach and 10 other Krupp Munitions Works directors on counts of exploiting slave labor and plunder of occupied countries. The ruling, by judges from Jackson Tennessee Hartford Connecticut and Seattle Washington, upheld harsh sentences for war crimes tied to the Ruhr plant. The case details describe use of nearly 12 000 foreign slaves and 2600 prisoners of war under brutal conditions, with victims housed in bunkers and makeshift camps as the company pressed on with production.
Labor officials report better local hiring conditions despite a monthlong strike by about 400 workers at the Gerry Jamestown plant. Employment service data show 124 people offered positions versus 94 in June, with 49 applicants securing jobs. Unemployment compensation claims rose as office workers and supervisory staff left, and employers hesitate to hire 18 to 25 year olds amid the crate crisis.
Federal warrants were issued for two Pittsburgh contractors of Reynolds Construction Go in an alleged misappropriation of $200,000 in home-building funds. Judge Henry Ellenbogen appointed Frank Butler receiver as the firm was placed into receivership. The principals, Raymond B. Reynolds and son Raymond L. Reynolds, were described as fugitives amid charges they took $1,000 down payments for homes never delivered.
Republicans accuse Truman price policy of raising costs and doubling fine payments ahead of a key session. Dewey aides weigh timing for possible GOP strategy while House actions push for more spending and control. Senators seek tax relief and excess profits levy as inflation debate rages through the week.
Gas well work will restart within a week on Carter All north of the city. Pennsylvania Gas Company crews completed equipment at the Alton Peterson farm, awaiting a machinist. A fuel line through the area had not yet been laid, but operations are expected to be ready in a few days. The company will attempt to locate a mature fuel source and place a second rig today to resume drilling and firm up the site.
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