Good Business News Continues Strong in May
Associated Press reports continued upbeat business news with record first quarter GDP at 363 billion dollars annual rate surpassing 1952’s 346 billion. Steel output hit a record April, first four months up 9.5 percent. defense spending expected to buoy steel demand. retailers show 2.7 percent April sales gain.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Good Business News
New York Stock Exchange
the Stock Exchange
White House
American Iron and Steel Institute
Defense
Wilson
GE says major appliances sales rise for four months
General Electric reports its major appliance sales for January through April up more than 10 percent from a year ago marking the 13th straight month of gains. The Pennsylvania Railroad notes April gross revenue the highest ever for that month and says four months income more than doubles last year’s net. St Louis San Francisco Railway president Clark Hungerford says the year outlook is good though bears fear a manufacturing slowdown as military demand grows.
MENTIONED IN THIS ARTICLE
General Electric
Pennsylvania Railroad
St. Louis- San Francisco Railway
Clark Hunger
Oyster industry under scrutiny on capacity and growth
Charles M. Kettering disputes claims of overbuilding for wartime needs urging that postwar demand will test capacity. He argues the nation will not have overbuilt facilities as the country continues to grow, while noting the high mortality among oyster offspring before reaching safe anchorage.
MENTIONED IN THIS ARTICLE
Charles M. Kettering
General Motors
Also Mentioned on This Page
Harry E
Republican
National Bank of Corry
the National Bank
Corry
Member
Federal Deposit Insurance Corporation
Topp
Topp’s Corry’s Smart Women’s Shop
Desoto
H. P. Fire Dome
de Soto
Borstorff & Fitch Corry
First Avenue
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!