Motor Cars To Be Restricted In War Economy
Frank MacMillan reports a seven day sweep of wartime changes. Production will drop by about 20 percent next fall as General Motors plans 1943 models to conserve labor and materials for defense. Taxes on individuals and businesses may rise 25 to 50 percent to fund a 19 billion federal budget. Wage hikes totaling over 100 million dollars reach steel workers and miners, signaling potential broad inflation. Steel prices are frozen, marking a wartime move unseen since World War I.
MENTIONED IN THIS ARTICLE
Frank Macmillen
New York
The
Special News Service
America
General Motors
Near East Next Vows to Freeze Chief Industrial Steel Price
Businessmen got a firsthand view of how the new emergency powers could affect profits as steel price freezes took effect soon after a ten cent per hour wage boost. An expected steel price rise did not materialize, shifting the burden to mills’ profits and efficiency rather than end users. Early wage and salary projections for 1914 were revised downward from prior optimistic estimates.
Government talks on car production and looming tax changes
Government holdback orders to motor car makers aim to free materials for peak arms production next year and to redirect skilled workers. A million fewer cars could still leave 4 million cars for sale, with tax proposals under discussion, including higher individual and corporate taxes and new excise levies on items like liquor gasoline and autos.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Wall Street
Pawson Wins Boston A A Marathon in Heat
Leslie Pawson, 36, Pawtucket, R. I., won the Boston A A marathon after two months of training covering 350 miles. He finished the 26 miles 385 yards in 2 hours 30 minutes 38 seconds, amid mid 80s heat. Johnny Kelley, Don Heinicke, and Gerard Cote followed in the top four.
MENTIONED IN THIS ARTICLE
Bill King
Boston
Leslie Pawson
Pawtucket
R. I
Boston A. A
Pawson
Hopkinton
Gerard Cote
St. Hyacinthe
Que
Johnny Kelley
Don Heinicke
Baltimore
Cote
Lenoir-Rhyne Tops Catawba In Tennis Clash
In Salisbury on a hot day Lenoir-Rhyne College clinched a 5-2 win over Guilford. Singles results include Holfhouser defeating Shepherd 6-1 6-3 and Moo ney beating Foushee 6-2 6-3. Doubles saw Shepherd-Hahn beat Holshouser-Tomlinson 6-1 4-6 6-1.
MENTIONED IN THIS ARTICLE
Salisbury
Lenoir - Rhyne College
Guilford
Holfhouser
Shepherd
Leaker
L. Conrad
Hahn
L-R
Tomlinson
D. Conrad
Bridges
Moon
Duke Trackmen Down Carolina in Dual Meet Shock
Duke defeats North Carolina 72 12 to 53 12 led by record performances. Moffatt Storer sets Fetzer field 100 yard dash record at 9.6 seconds, edging toward world best. Steve Lach throws shot to 49 feet 4 1 3 inches and John Nania discus 151 feet 10 1 2 inches as Duke wins nine events. Mengel leads Tar Heels with 13 points.
MENTIONED IN THIS ARTICLE
Chapel Hill
Duke
North Carolina
Moffatt Storer
Blue Devil
Fetzer
Steve Lach
Dick Strickler
Nania
John “Dippy
Fetter
Blue Devils
Carolina
Warren Mengel
Mengel
Storer
Lach
White
Nanta
New Fetter
Morrison
Profenius
Vawter
Moyer
Wilmott
Gardiner
Capel
Mangum
Himmeltwright
Lewis
Hardwick
Tun
Brown
Cathey
Spence
Wall
Sargent
Ryan
Branch
French
Seaman
Lloyd
Winstead
Bennett
Sontheimer
Groves
Lockwood
Toy
Taylor
Manguni
Carolina Freshmen Edge Duke in Track Meet
Carolina freshmen beat Duke 66 to 60 at Chapel Hill as two former Durham high school stars led the scoring with 15 points each. Bob Gantt and Cedric Loftis tied for high scoring honors, each winning three events including shot put discus high jump broad jump and 220 yard dash.
MENTIONED IN THIS ARTICLE
Chapel Hill
Durham
Duke
North Carolina
Bob Gantt
Cedric Loftis
Gantt
Loftis
Bobby Jones Drops Duckpin Bowl Challenge
Atlanta reports Bobby Jones, famed golfer, attempted the first ball in the 14th National Duckpin Congress tournament. His throw curved and struck the left pin. he announced he will stick to golf, signaling no future duckpin pursuit.
MENTIONED IN THIS ARTICLE
Bobby NO
Atlanta
Bobby Jones
Robert
Bobby
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Mr. Kelly
Beeson Hardware
Mayfield’s Furniture Company
Salisbury, N. C
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Colonial Drive
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