Ward Bab Price Rise Sparks Fresh Market Upset
Ward Bab faces a price rise triggering a fresh market upset as traders react to surprised shifts in costs. Officials promise quick action to stabilize supply and prevent further volatility.
01 May 1941
Page 1
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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
May 01, 1941
Page
1
Ward Bab faces a price rise triggering a fresh market upset as traders react to surprised shifts in costs. Officials promise quick action to stabilize supply and prevent further volatility.
Stock markets show mixed price movement with the S&P 500 and Dow Jones edging higher while the Nasdaq drifts. Traders watch inflation data and corporate results for direction.
The White House announced a government program to requisition at least 2,000,000 tons of cargo ships to form a great fleet for transporting vital materials to allies and defense industries. President Roosevelt directed Admiral Land to secure merchant ships and expand the U.S. merchant marine to speed delivery of war supplies across the seas.
The Corry post office joined a nationwide drive as citizens purchase the first defense savings bonds and stamps. Special ceremonies marked the sale across many locations with significant public participation, including Murphy Company store and Ina Austin.
Three independent labor members of parliament move to replace the present cabinet with a national government. They propose appealing to Europeans under Nazi rule for peace on a socialist Europe basis. The amendment aligns with confidence resolution on Greece the Near East and wartime conduct, suggesting events in Norway foreshadow current developments.
Corry will pay a final tribute to former mayor and school director B. Paitercos at funeral services at First Presbyterian Church this afternoon at 2 80 oclock. The body lay in state from noon until 2 30 oclock. Burial will follow in Ping Grove cemetery.
British troops landed a second contingent at Basra amid claims Iraq had no right to halt transit. London says troop movements followed treaty terms and Basra arrivals occurred without incident. Basra sits at the head of the Persian Gulf. First landings occurred April 11 to 18.
Harrisburg reports that state funds disbursed for the first time exceed one billion dollars in a two year period. Auditor General Warren Roberts notes the department processed roughly 100,000 requisitions daily with an average expenditure of about 1,500,000 per day.
May Day in Moscow featured a keynote by Defense Commissar K. Timoshenko proud to declare readiness to retaliate against imperialist encroachment. A massive Soviet display along Red Square gathered government and party leaders to review a vast parade of troops and workers.
Local Board No. 2 of Warren County mailed questionnaires to about one hundred additional young men in the Columbus Spring Creek Bear Lake district. Names listed include Harry Oldenski Gerald Bemis Sam Baker Paul Kemper Frank Webster Joe Milner Archie Wynn Jesse Huff Cecil Miller Andrew Petko Carl Way Bernard Porter David VanGuilde Fred Jensen Paul Price among others.
Patrolman John Cullen and Special Officer L J Kelley patrolled the Fairview Spring Street neighborhood after two reports of attempted entry at the Butcher home. A first attempt was spotted by Woo boys and police were informed but no trace was found. A second attempt was reported about a half hour later with no evidence located.
City launches installation of 105 parking meters on Center Street between Pleasant and Puriflay, with Duncan Meter Company contracting. Petrovian Ross Mead to enforce the ordinance and supervise operations as meters go live. Council discussions covered side placement and limited two hour parking on nearby streets after installation.
The report notes intensified Axis and German air and ground actions around Tobruk in Libya as British defenses hold under siege for weeks. It also cites naval bombardments in Crete and ongoing Allied resistance near Saloum and Desse, with Italian and German forces advancing in North Africa and Greece.
London sources report two views on Hitler's next move with invasion speculated to target Egypt and the Suez Canal via Buria and Palestine within 10 days, or a Near East strike aimed at England. Spokesmen cite favorable weather, Plymouth and Portsmouth bombardment, increased German naval activity, E boat patrols, and rising U.S. aid as factors.
London reports show April air offensives by Britain and Germany cost the Germans 18 planes around Britain and 106 over the continent. British losses include 863 planes over Britain and 93 that failed to return from continental raids.
May 1 report from Roosevelt Hospital states 44 year old violinist Prize Kreisler is in critical condition with a skull fracture and other injuries after a truck strike on Madison Avenue Saturday. He remains under care with uncertain prognosis.
Reports and denials swirl around a proposed defense housing program for the city. Roosevelt may receive a recommendation from the defense housing coordinator, with a new request to include Curry amid expanded wartime operations and rising apartment demand.
A British communique reports colossal German losses in the Greek campaign with 3,000 killed and wounded. Britons hail the rescue of 40,000 to 60,000 BEF troops defending the Aegean kingdom as more than 9,000 enemy troops are still being recovered. Australia’s acting prime minister A W Faedon confirms the figures in Melbourne.
Heiman's Jewelers of Erie announces a grand opening at Cohen Block corner of North Center and Washington street adjoining Woolworth. The firm, in business fifteen years with Corry sales, adds a regular retail outlet offering costume jewelry watches silverware diamonds and small electrical appliances. The public is invited to visit Friday and Saturday.
Southern coal mines return to operation after a month idle due to a wage dispute. Union and Southern operators agreed on temporary pay scales including a dollar a day raise. Two thirds of southern mines expected to be producing today with permanent talks set for May 12 in New York.
Charles Gwynn former chairman of the Communist party in western Pennsylvania was sentenced to two years in the Allegheny county workhouse for his role in fraudulently obtaining signatures to Communist party election petitions.
In Washington amid Suez Canal tension rumors claim the United States could protect ships operating to Egyptian ports via the Red Sea. An American line seeks permission to run US ships to Egypt’s Red Sea gateway under government protection announced by President Roosevelt at a April press conference.
A Pittsburgh man allegedly confessed in Louisa Kentucky to planting the bomb that killed Dr E H Rebhorn's son and daughter in Scranton last November. Scranton authorities say they have not accepted the story and will review a copy of the statement after Kentucky officials advise.
Wil Mame Mike Borsa 57 of RB 1 Columbus suffered a crushed right foot when a chain slipped at the plant. He was taken to Corry hospital where initial hope of saving the foot faded and amputation became necessary. Recovery efforts continue with uncertain outcome.
A Catalina flying boat en route to England from the United States reported lifeboats with survivors from a torpedoed merchant ship in the Atlantic. A destroyer was dispatched and the occupants were rescued as authorities confirmed the rescue operation.
In Washington on May 1 Hugh S. Johnson criticizes President Roosevelt for denying and renewing his commission as a brigadier general in the reserve corps, calling the move inconsistent with a long friendship. He insists he is fit and ready to serve in any grade from corporal upward.
Mrs. Glenn Wood an iron lung patient for 18 months plans a 65 mile trip from Erie to Corry in a specially enclosed vehicle. Doctors say warm weather will allow the journey with minimal danger and she hopes to kiss the iron lung goodbye after visiting family and Cleveland.
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