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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jun 18, 1949
Page
4
The article explains the relation between inventories and sales as essential to understanding economic trends. It discusses how high inventories can dampen orders unless consumer buying is strong, and how price movements affect the value of inventories and reported sales.
A column presents a trivia test with questions on Manhattan purchase, Edward Vernon estate, Savannah voyage, Emile Zola, Bismarck state capital, Old to New Style dates, Sing Sing, Blithe Spirit author, South American president, WAAC predecessor, plus a note on 1948 1949 manufacturing stock and sales trends.
Twenty years ago reports show the W. T. Grant Company preparing to open a local Corry store with stock arrangements complete. M. S. Cobbett will manage after coming from Seneca Falls New York as assistant manager. Frank H. Lovey, noted for his band, is slated to visit for a Municipal Building meeting to organize a Corry band.
Portable heater instructions explain placing a compact unit into a water filled receptacle, plugging into a socket, and heating water instantly for bathing, cleaning, and other tasks. It emphasizes low cost under $2.50, no heavy lifting, and convenient portability with cautions to read directions.
Local talk centers on a possible bid for the Texas Smnch to settle the Chris Dallas estate though no definite progress is reported. A stray tale has a motorist offering a dog for fuel and cash at a service station but the offer was declined. At Allegheny College a reunion honors Mary L. Breene on her 50th anniversary as a former teacher and principal. Unusual fund collection boxes in bars aim to direct proceeds to alcoholism study via Alcoholics Anonymous. Temporary hospital laborers face union pressure as work extends for months. The city ponders these items as chatter rises.
Garden displays draw praise from Charles Sessle and others as roses thrive in several city gardens. Rev. Francis Graves marks 29 years as St. Thomas Church pastor with ground breaking for a new hospital. Judge Allison Wade earns commendation for fair handling of motor license cases.
Fragmentary notes report concerns over oil reserves and recovery rates. Analysts from Minos Institute suggest remaining petroleum exceeds previous extractions, with about 70 million barrels in reserve and 19 billion in place awaiting secondary recovery.
A local store faces a probe into a likely theft amid reports of up to 3000 in Toots involved. An audit of transactions and stock is underway with results expected soon. A former Corry businessman now in Erie is seeking a local location as negotiations continue without a definite deal.
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