Price Tags For 1949 May Be About Ten Per Cent Under '48
Price trends for 1949 show declines in houses and building costs with experts predicting midyear price drops. Analysts expect lumber and other costs to fall 10 to 15 percent, while overall living expenses may ease by about 10 percent in 1949, with further declines possible into 1950 and 1951.
Two Industries Hunt Jobs To Help Men They Lay Off
In Medina County two plants Apex Electrical Manufacturing and Permold Company cut staff amid weak demand. Apex laid off 240 workers in December of a 1350 crew. 137 found work through the firm’s retooled employment office, with 36 placed in one week of January and 31 securing jobs. Some declined lower pay or kept seniority by shifting within Apex. others took shorter hours. Permold let 75 of 350 go but hopes to recall all as orders resume, advertising for odd jobs in the interim.
MENTIONED IN THIS ARTICLE
Orty Richard Kleiner
NEA
Industeat
Medina
Latt
Apex Electrical Manacturing Company
Apex
Fabee
Tt ’S
Frank S. Ryan
Sch
Ryan
Permold Company
Harold R. Doswell
Permold
Medina County
Retail markdowns extend beyond seasonal sales
Dealers say the drop is lasting not just seasonal. Hundreds of dealers offer attractive trade-in allowances on radios, appliances, cameras. women's clothing holds, men’s shops cut prices. Harvard professor McNair notes higher 1947 department store markdowns than 1939, similar to 1942, aiding a lower cost of living.
MENTIONED IN THIS ARTICLE
S. Burton Heath
New York
NEA
Roy Wenzlick
St. Louis
Better Homes & Gardens
James D. Mooney
Willys-Overland
O. Glenn Saxon
Yale
National Industrial Board
Wall Street Journal
Pittsburgh
Benjamin H. Namm
Wenzlick
Saxon
Bureau of Labor Statistics
Dun & Bradstreet
Venezuela
Saudi Arabia
U. S
Malcolm P. McNair
Harvard
Labor placement program aids temporary workers
Doswell notes the employment office uses by-the-day and by-the-hour jobs with few figures on placements but claims moderate success. Workers seek temporary roles as large plants are scarce in Medina, with foundries facing slack demand while locals pass by on the main highway. A gas tank fill at a local station occurs as police pursue them.
MENTIONED IN THIS ARTICLE
Dow
Thieves Steal New Car From Bryn Mawr Dealer
In Bryn Mawr Pennsylvania a thief stole a brand new automobile valued at four thousand dollars from a local dealer’s showroom. Police search for the suspect and motive continues as investigators review security footage and nearby activity.
MENTIONED IN THIS ARTICLE
Bryn Mawr
First Transcontinental Airmail Flight Sets 33 Hour Record
The first nonstop day and night airmail flight completed in February 1921 covered the cross continental route in 33 hours and 21 minutes, marking a historic speed milestone for U.S. mail service.
Officials divided on the chance of war in Europe
London correspondent Robert Musel reports from occupied Europe on whether war is possible. Authorities split roughly equally, with Vienna officials predicting aggressive Russian moves toward conflict while Berlin officials call Russia's conduct a policy of expedience that could ease if it gains better options. The tour estimates Soviet forces at about 2.5 million with 1.6 million in combined services, totaling around 4.1 million including potential rapid expansion.
MENTIONED IN THIS ARTICLE
London
Europe
Vienna
Russia
Berlin
Russia and Germany in World War II era fears and weapons
The document surveys military capacity and strategy, noting Russia’s large navy and air forces, its use of vast spaces as defense, and its aim to deter invasion with mobile fighters near bases. It discusses germ warfare theories, historic plagues, and the potential impact of biological weapons amid global war.
MENTIONED IN THIS ARTICLE
Russia
Germany
Napoleon
Adolf Hitler
Kaiser
Hitler
Europe
P. M. 5. Blackett
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Doswell
By Robert Musel
Blackett
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Rome
Hanniebal
Guarante
St. Joseph
Armour and Company
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General Electric