April 1949 outlook signals solid year with cautious spending
Washington observers say April hints at a pretty good 1949 business year with no dire inflationary threat. The Truman administration moved quickly to loosen credit, expand lending, and boost consumer buying power while prices drift down slightly and factory activity remains uneven.
MENTIONED IN THIS ARTICLE
Sterling F. Green
Washington
Truman
Council of Economic Advisers
White House
Federal Reserve Board
Federal Reserve
Federal Housing Administration
Pep Gose
Navy Craft Now on Duty on Broad Surface of Tennessee
Lt. (j.g.) Q Biangardi commands the LCS-35 assigned to the Tennessee River to train naval reserves with sister ships LCS-121 and LCS-128. Based in Chattanooga, the vessels operate as river instructors, with the LCS-35 noted for self beaching design and 157 foot length.
MENTIONED IN THIS ARTICLE
Tennessee
Vic Bubbett
Tennessee River
Mur Peau
Q. Biangardi
Patterson
N. J
Biangardi
Chattanooga
Orr
Burnette
Guntersville
Knoxville
Navy
Pacific
New Orleans
LCS
Berlin blockade talks point toward possible accord
DeWitt Meckenzie reports in New York that a forthcoming American Russian conference over lifting the Berlin blockade is described as proceeding satisfactorily. U.N. circles see slow moves toward agreement while Truman voices faith in Soviet negotiations.
MENTIONED IN THIS ARTICLE
New York
Berlin
United Nations
Truman
Council of Foreign Minsters
German Republic
Europe
Moscow
Germany
Washington
Russia
State Acheson
America
American Newer Association
United States
Free Peoples of
Soviet
John E. Peurifoy
Farmville
N. C
Navy LCS-35 crew includes Pearl Harbor veterans
Lt Biangardi notes sea duty differs from duty at sea with constant time monitoring. The LCS-35 crew includes three Pearl Harbor veterans led by Chief Ray McIntyre who served aboard the U S S Arizona on December 7.
MENTIONED IN THIS ARTICLE
Biangardi
Pearl Harbor
Ray McIntyre
U.S.S. Arizona
Steel Adopts New FOB Plan Amid Court Ruling
Pittsburgh April 30 steel leaders confront a Supreme Court ruling against basing point sales. The Federal Trade Commission ban forces six Pittsburgh manufacturers to abandon basing point practices. Congress weighs a bill to delay final action and allow freight absorption until 1950 while big companies clash over delivered prices.
MENTIONED IN THIS ARTICLE
William G. Smock
Pittsburgh
U. S. Supreme Court
High
Federal Trade Commission
Congress
Ernest T. Weir
National Steel Corp
J. A. Anderson
Pittsburgh Steel
Ben Morcell
Jones and Laughlin Steel Corp
Richard F. Sentner
U. S. Steel Corp
Big Steel
Sentner
Hospital Planning to Be Discussed at Biloxi Meeting
The Southern Conference on Hospital Planning will be held in Biloxi Mississippi May 19 21. General Chairman Moreland G Smith of Montgomery announced the conference will attract about 500 hospital administrators doctors state and city officials architects and engineers from 11 Southern states including Alabama Mississippi Florida Louisiana Tennessee Georgia Virginia West Virginia North and South Carolina and Arkansas.
MENTIONED IN THIS ARTICLE
Montgomery
Biloxi
Miss
Morejland G. Smith
Alabama
Mississippi
Florida
Louisiana
Tennessee
Georgia
Virginia
West Virginia
North
South Carolina
Arkansas
City Fires Cause Minor Damage Across Two Quick Calls
Firemen extinguished a small blaze in insulation at a quonset hut at the Wolverine plant with slight losses. A second fire at 1117 Fourth Avenue East started by an oil stove also caused slight damage.
MENTIONED IN THIS ARTICLE
Wolverine
M. C. Burkette
Fourth Avenue
U S Steel Sees Strong Q1 Net Income Amid Basing Point Debate
U S Steel reported a first quarter net income of 49.93 million as debate rages over basing point and FOB practices following the 1948 cement ruling. The CIO United Steelworkers favor a compromise while some mills cling to or resume basing point methods. Iron Age notes a high operating rate but questions the snapshot, citing long standing orders and a soft shortage rebound.
MENTIONED IN THIS ARTICLE
Cio-United Steelworkers Union
Otis F. Brubaker
USW
Iron Age
U. S. Steel
Realty Dealers Planning Group Organized in Decatur
Realty Dealers Planning Group named Earl Glenn temporary chairman and Miss Mary Thornhill temporary secretary at a Greystone cafe meeting. Eight local dealers attended as plans form a code of ethics and rules. Future committee meeting will decide open or closed membership and a name for the organization. John Hall and J L Baswell assisted in forming the group.
MENTIONED IN THIS ARTICLE
Earl Glenn
Treat Estate Board
Fundy
Greystone Cafe
Mary Thornhill
Igan County
Decatur
John’. Hall
Alabama State Board of Realtors
J. L. Baswell
Birmingham Board
Milam Girl Recovering After Mayo Clinic Amputation
Betty Ruth Milam a 17 year old bone tumor patient from Gadsden Alabama is recovering from a left leg amputation performed by surgeons at the Mayo Clinic in Rochester Minnesota. She was flown to Rochester by an Air Force C 46 a week ago for treatment.
MENTIONED IN THIS ARTICLE
Rochester
Minn
Betty Ruth Milam
Gadsden
Ala
Mayo Clinic
Patterson Dies at Nashville Veterans Hospital
Dewey H. Patterson 50 of Athens died Friday at the Veterans Hospital in Nashville after a long illness. He is survived by a son Dewey O. Patterson of Cleveland Ohio a daughter Vanette Patterson of Akron Ohio four brothers C M C L D C Patterson all of Athens and George G Patterson of Chattanooga three sisters Mrs J M Thornton of Pulaski Tenn Mrs Adel Kemp of Akron Ohio Mrs Fannie Mae Burnett of Decatur and his parents Mr and Mrs Robert A Patterson of Athens Funeral arrangements will be announced later by Spry Funeral Home.
MENTIONED IN THIS ARTICLE
Dewey H. Patterson
Athens
Veterans Hospital
Nashville
Tenn
Tolswit
Dewey O. Patterson
Cleveland
Oho
Vanette Patterson
Akron
Ohio
C. M
C. L
DC. Patterson
George G. Patterson
Chattanooga
J. M. Thornton
Pulaski
Patient Brings Positive Health Update After Thursday Meeting
The report notes she was formed Thursday and doctors said her condition was good, indicating improvement and stable status following the recent events.
Also Mentioned on This Page
By DeWitt Meckenzie
Dewit Mackenzie
Freezer
Astor Nman G
Mom
Steel
Judith Coplon
Justice de- Secration
Department of Justice
Daniels
Jonathan Daniels
Raleigh
News and Observer
Josephus Daniels
Woodrow Wilson
Supreme Court
Kurfees
Carton Reeves
H. L
8Th Ave
Veterans’ Hospital
Phoenix
Duncan Phyfe
Bank ‘St
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