Dollar value and real income in inflation era
Economists warn rising inflation erodes purchasing power as the dollar buys less than in 1939. President Truman’s remarks on national income raise questions about real income growth, with 1950 figures showing $212 billion annual personal income and a $2,000 family potentially facing only modest gains if prices rise. The piece outlines purchasing power declines and contrasts 1939 dollars with 1950 costs across essentials.
MENTIONED IN THIS ARTICLE
Truman
Kansas City
Veterans’ Insurance
Twenty Years Ago Ab Taken From Journal Files May 26 1930
Frosts were reported in the vicinity but gardeners believed damage would be limited. Titusville High School baseball routed the Beavers 25 4 in a Saturday game. Raleigh VanTassel was re elected to the Erie County Game and Fish Protective Association board. Corry sees frequent bus shipments on eastern routes. A 33 unit convoy passed en route to New York City. County tax reassessment plans aim for equitable valuations with no general rise. A barn fire on John Bates farm drew many spectators as a crowd considered its toll on the family income. Tax figures show federal income tax changes from 1939 to 1960 for married and single filers. Purchasing power of the dollar is noted five years after World War I.
MENTIONED IN THIS ARTICLE
Corry
Thrawch
New York City
Sid
I Q Riddles and History From a Classified Page
A quirky U S quiz lists ten questions with scoring levels from genius to poor. It asks AFBI initials, correct verb form sung, leather curing, Davis war role, compass force, Florida Senate contenders May 2, ungelded mule, Yale stadium star, Alice Longworth’s father, and Mangard piano key counts.
MENTIONED IN THIS ARTICLE
I. Q
AFBI
Richard Harding Davis
Florida
U. S
New Haven
Conti
Alice Longworth
Mangard
Wallace Auto Agency Adds New Salesman
Dan Fitz joined Clarence Wallace garage as head of sales for Plymouth and Chrysler cars and parts. He was previously parts sales manager for American Motor Sales of Erie. He moves with his family to the area in the near future.
MENTIONED IN THIS ARTICLE
Dan Fitz
Clarence Wallace Garge
Plymouth
Chrysler
Wallacr
Fitz Umtil
Ahomolive
American Motor Sales of
Erie
Lee Denied Death Retrial in Mayville Case
The New York State Appellate Division Fourth Department upholds Leonard P. Lee’s manslaughter conviction in the February 11 1997 death of Dorothy Ware. Lee 21-year sentence at Attica State Prison remains, ending the last legal avenue for appeal after prior reversals and Court of Appeals actions.
MENTIONED IN THIS ARTICLE
Mayville
State Appellate Division
Fourth Department
Leonard P. Lee
Lee
Elant
Dorothy Ware
Court of Appell
Supreme Court
Attica
Rochester
Sidney T. Hewes
Court of Appeals
Hewes
Corky Running Journal Fued Boils Over Erie City Assessments
May 26 Erie city officials clash over the 1951 triennial assessment with Kenneth Momeyer planning preliminary studies contrary to City Assessor George Leach and aligning with Assistant Assessor Graham Marsh. Momeyer denies planned ouster but signals ongoing dispute and factional influence at City Hall. The piece also notes the American Ratio Relay League, formed in 1914 by Hiram Percy Mazim.
MENTIONED IN THIS ARTICLE
Corky Running Journal
Erie
Finlanes
Kenneth Momeyer
George Leach
City Hall Coalition
Momeyer
Leach
Social Gossip From Erie Area Weekly Notes
Mr and Mrs Wendell Shields hosted guests Saturday evening. Two tables of 800 were in play with prizes awarded to Mrs Shields Mr Borstorf and Mr Sorenson. Ice cream short cakes and coffee served by Mrs Lindberg. Mrs Tvan Miller was a business visitor in Erie Tuesday. Mr and Mrs Lewis Sweltzer of Eile visited Mr and Mrs Garald Provi or Sunday. Mrs Georgia Lyons Mrs Cash Smith and Mrs Walter Proctor visited Erle last week and called on Mrs Virgil Tarbell. Paul Dawson of Buffalo was Sunday guest of Mr and Mrs Floyd Marsh. Mr and Mrs Raymond Mulvin of Erie were supper guests of Rev and Mrs George Mulvin Saturday evening. Mr and Mrs Raymond Chisholm of Erie spent Sunday afternoon visiting.
MENTIONED IN THIS ARTICLE
Wendell Shields
Shields
Borstorf
Sorenson
Lindberg
Tvan Miller
Erie
Lewis Sweltzer
Eile
Garald
Georgia. Lyons
Cash Smith
Walter Proctor
Erle
Virgil Tarbell
Beaverdam Lawn Cemetery meeting notes and hires
Beaverdam May 26 The annual business meeting of Lawn Cemetery directors and lot owners was held at the PROC TOR home with 14 present. Floyd Marsh was reelected director and Paul Smith elected director for five years. Charles Swat elected sexton for five years. Mrs Bertha Tompkins of Sherman, former Beaverdam resident, was a surgical patient in Erie for ten days and hopes to retire soon. Mr and Mrs Garald Proctor and son Jerry visited Erie. Jerry, six months old, was a surgical patient at St Vincent's Hospital. Roy Mulvin's birthday noted as Roy and Mrs George Mulvin hosted Sorenson and Borstorfi guests. Dan Lindberg entertained Nels Sorenson and others.
MENTIONED IN THIS ARTICLE
Beaverdam
Lawn Cemetery
Walter Proctor
Floyd Marsh
Paul Smith
Charles Swat
Bertha ‘Tompkins
Sherman
Erie Osteopathic Hospital
Erie
Garald Proctor
Jerry
James Delaney
St. Vincent's Hospital
Rey
George Mulvin
Philip Sample
Corry
Roy
Mulivin
Dan Lindberg
Nels Sorenson
Roy Borstorfi
Woman Held in Rifle Slaying of Husband in Butler
Mrs. Mah lly M. Parks 91 of Parkers Lands is jailed on murder charges in the rifle slaying of her 92-year-old husband Jack Parks. State Police say coroner's jury recommended holding her for court on murder and voluntary manslaughter charges after Parks died from a thigh wound. Police report Parks died Tuesday and that Parks admitted holding the arm but claimed the shooting was accidental.
MENTIONED IN THIS ARTICLE
Sone Butler
Mahlly M. Parks
Parkers Lands
Jack Parks
Leste Jacksoni
Parks
Jackson
Also Mentioned on This Page
Bowry Evening Journal
Pullidhed
Booth Street
A.D. Colegrove
Arthur Colegrove
George Sample
Hintioust
Fred Kimball
Lexington Avenue
New York
Michigan Square
Detroit
Morigate & Bond
Chamber of Com
Pittsburgh
Weightman
Philadelphia
Associated Press
AP News
Titusville High School
Beavers
Queen City Boys
Ledric McCall
Raleigh VanTassel
Erie County Gane and Fish Protective Association
Spartansburg
John Bates
U.S
The
National Bank of Corry
Federal Deposit Insurance Corporation
East South St
Foster E. Davis & Son
N. Center St
Sorry
Vine
Diacenias
Ageratum
Petunias
Coleus
Marigold
Dusty Miller
Begonias
Sweet Allssum
Rowe’s Flower Shop
North Center St
Wallace Auto Agency
Pectsburgh
Josephine Campbell
Carnegie Insttute of Technology
Dean Campbell
WAVES
American Ratio Relay League
Amateur Radio
Ite
Hiram Percy Mazim
Keystone VanCise’s
Betty Carlson
Pierce
Quintana
Bridgeport
Toa
Martin Motor Sales
West South St
DODGE
Riviera
Meerdink’s Home
West Main and
Spring
A Johnson
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