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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Mar 07, 1951
Page
4
A Corry Evening Journal column argues that modern stock buyers are typically average earners investing for the long pull. It notes only about 22 percent turnover on the NYSE in 1950, cites ongoing dividends for some issues, and stresses that owners have a personal stake in the American economy despite Korea era tensions.
A reader is reminded to check Classified Page 1 for a 10 question IQ style quiz. Questions cover budget figures, geography, law, education, music, botany, architecture, literature, history, and linguistics with multiple choice prompts.
This snapshot recalls Thomas Downey a famed local druggist and businessman who died at his Fifth Street home after years of illness. The account also notes W. B. Miller’s California death with a million dollar estate, Corry Beavers’ 42 32 win over Warren, a new Hoffman hard screen pressing machine at Steen’s Dry Cleaning, Milon L Brown taking over M F Coyle’s agency, and John H Clough renting his Main Center office to Rudolph Buchomer for a new venture.
March 7 Erie city council, amid a mandamus clash with Mayor Pulling over a unsigned triennial contract, accepted Solicitor John English resignation. They rejected promoting Henry Jeffs and will consider a professional appraisal led replacement, with no candidates named.
Washington report today tallies American casualties in Korea at 52 448, up 1 773 in a week. The figure covers 7 857 killed in action, 34 92 wounded, 9 899 missing in action, with 8 858 deaths total and 8 724 still unaccounted or missing, including 110 known POWs. Army losses total 43 598, Navy 598, Marine Corps 7 838, Air Force 416.
UN and South Korean troops break the Han river line east of Seoul with an artillery driven assault. Chinese units reportedly enter the sector for the first time as MacArthur warns of a massive offensive. Western front actions push toward Seoul while troops probe Red defenses around the former capital.
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