Economic return is overdue amid mixed May signals
The report notes weekly factory earnings down to 58.37 from February and 5.03 peak, hours dropping from 39.4 to 38.9, and a 13th weekly drop in business loans by the Federal Reserve. Farmers face cash receipts about 10 percent below 1948, with net income possibly lower. March employment shows a slight rise due to farm jobs offsetting non farm declines.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Agriculture Department
Department
Cenus Bureau
Clague
A T and T Common Stock Steadies After Dip
NEW YORK April 21 stock market action left American Telephone and Telegraph steadier after yesterday’s drop to near the lowest price since 1943. The stock rose about 1 point, not offsetting the prior 15 8 decline amid news of a planned stock issuance diluting current holders. Other issues also moved, with American Woolen dropping amid earnings of 1 476 000 versus 4 894 000 a year earlier.
MENTIONED IN THIS ARTICLE
New York
American Telephone & Telegraph Common
American Woolen
Youngstown Sheet
General Motors
Goodrich
Montgomery Ward
United Aircraft
Liggett & Myers
Pepsi-Cola
Columbia Gas
Commonwealth Edison
Consolidated Edison
Cerro de Paseo
General Electric
American Tobacco
N. Y. Central
Chesapeake & Ohio
Standard Oil
United Air Lines
Woolworth
International Harvester
Oliver
Glenn Martin
Granby Consolidated Mining
Air Reduction
Down Chemical
Union Carbide
Southern Railway
Eastern Air Lines
Senate House Conferees Reach Agreement On School Aid
Governor says his blast at the legislature stemmed from a mutual misunderstanding over procedures and a senate amendment. The biennial spending bill now allocates 397 million with a contingent teacher pay scale of 2025 to 2700 and uses 25 million of the postwar reserve to aid counties for school building bonds up to 25.9 million with voter approval.
MENTIONED IN THIS ARTICLE
Senate
House
Reds Press Offensive Near Kiangpu Amid Yangtze Clashes
Reports say Red forces attacked Kiangpu with three allied armies on the north bank of the Yangtze, while Nationalist reinforcements moved in. Mao Tze-tung and Chu Teh urged a nationwide advance to liberate China as British ships suffered damage, and both sides floated surrender terms with Peiping and Nanking in dispute.
MENTIONED IN THIS ARTICLE
Nanking
Kiangpu
Mao Tze-tung
All China
Yangtze Batle
London
Consort
Amethyst
Black Swan
Mao
Red
Chu Teh
China
Chiang Kai-shek
Chilean Earthquake Death Toll Reaches Forty Two
A government communique in Santiago reports 42 dead from Tuesday night’s quake in south central Chile. President Gabriel Gonzalez Videla plans pardons for about 100 prisoners from Traiguén jail, largely destroyed by the disaster. Traiguén and Angol, 350 miles south of Santiago, were hardest hit.
MENTIONED IN THIS ARTICLE
Santiago
Chile
Gabriel Gonzalez Videla
Traiguen
Traiguuen
Angol
Legislature Approves Rounds Of Public Works And Elections
The legislature advanced a $73 million building program for state institutions and approved bonds for rural roads a $200 million bond issue and a penny gas tax increase. It also moved bills on heavier truck loads state insurer for schools and liquor store elections in Salisbury Spencer East Spencer Huison Warsaw Wallace Kenansville and Greensboro vote outcomes to follow.
MENTIONED IN THIS ARTICLE
Senate
Judiciary
House
State Board of Education
Salisbury
Spencer
East Spencer
Vets
Crys
Huison
Warsaw
Wallace
Kenansville
Greensboro
Senate Committee On
George Penny
Guilford
Bricker Cain Clash Over Civil Rights Amendment
Bricker and Cain clash as Bricker presses for an honest stance on civil rights amid potential defeat of the anti segregation amendment. Truman civil rights leaders oppose it, fearing harm to housing legislation and preferring separate civil rights bills. A 13 year old boy, Samuel Matthews, drowned after a leaky boat capsized while fishing with companions near Greensboro.
MENTIONED IN THIS ARTICLE
Congress
Bricker
Mr. Truman
Greensboro
Samuel Matthews
British Ships Return Fire as Yangtze Clash Continues
Amid heavy firing on the Yangtze a London admiralty report says 42 dead and over 100 injured. British sailors abandoned ship and swam to shore as Belfast and Constance head to the Yangtze. Vice Adm Madden aboard the London oversees efforts to reach wounded despite fire.
MENTIONED IN THIS ARTICLE
Heath
Belfast
Constance
Yangtze
London Admiralty
London
A. C. G. Madden
Black Swan
Pieping
Edward Youde
Pukow
Admiralty
North Carolina Weather: Cloudy and cool with rain in parts
Forecasters expect cloudy cool conditions across North Carolina with occasional rain tonight. Some southern areas see rain breaking overnight and continuing into Friday with low temperatures and cool conditions into the weekend.
MENTIONED IN THIS ARTICLE
North Carolina
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UA Drive-In
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William Holden
Joan Caulfield
Edward Arnold
Inez Brennan
Dover
Del
Robert
Wade Woodridge
Bedford
Lonely Hearts” Club
International
Hope Hollywood
Doris Dayles Brown
WIS Orchestra
Bill Farrell
Irene Ryan
HY Averbach
Sponsored BY
Winston Salem Exchange Club
Mon
Bowman Gray
Winston Salem
Fed
State Ta
Robert E. Lee Hotel
Varsity Shop
Winston-Salem
Bob Hope
Room
Robert B. Lee
Winston-Salem, N. C
Exchange Club
Technicolor
Father Williams
Frank Sinatra
Paramount
Red Canyon
Ann Blyth
Howard Duff
Cest SS
Gene
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Rial
Tyrone Power
al, Joli
Alice
Washington Square
Devil Horse Serial
Eddie Dean
His Horse
Plush
West
Jor Lawyvers
William Tracy
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Priday
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Peiping
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Old Price
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Frazer
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Cain
Themistocles Sophoulis
Athens
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Sophoulis
Geoad S. May Company
Vaan See Malum
Charlotte
Weasayer Bureau
Asheville
Atlanta
Meridian
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Flamng
Brad
Ie Tai Ati
KIT Theatre
Uppas
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