1947 Economic Year in U S History Hits New Highs
The United States entered 1947 with fears of recession but produced a record peacetime year. Inflation rose with goods prices, while gross national product surpassed 226 billion dollars in 1947. Corporate profits reached about 16 billion, wages averaged around 1.25 per hour, and net farm income rose to 18.0 billion. Retail sales climbed, industry ran at high capacity, and autos faced steel shortages. The stock market remained largely steady, with AP averages fluctuating around the 60-stock line.
MENTIONED IN THIS ARTICLE
Harry T. Montgomery
New York
United Es
United States
Department of Commerce
Associated Press
Con
Wall Street Bears Regained Control This Year
Wall Street watchers tracked a year of stock market wobbliness with little net advance. Through January to November the market showed uneven gains and losses, ending the year in cautious territory as trading volumes and declines reflected a tepid, uneven recovery for many shares.
MENTIONED IN THIS ARTICLE
Wall Street
Mrs. Andress Dies in Goodman Community
Funeral services held at Goodman with Rev Carl MocMeilee and Rev Qo PL Jones officiating. Mrs. Andress, widow of Gott Amdess, longtime farmer and resident of Goodman county, survived by her husband and two sons J. S. and G. Festive, plus two sisters.
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Neral Services
Mear Te GT
Goodman Rapter
Carl MocMeilee
Jones
Pr. BR
Boncabo
Seavey
Andress
Gott Amdess
Gooadmion
Borties Choy
Sirs
Goodman Comity
J. S.J
G. Festive Goodman
A. W. Tress
Brooklyn
Oop
Satie Bronson
Elba
Ines
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