Business and Industry under strain from defense plans drive
Labor unrest grows as information on defense plans remains scarce while production stays near record pace. Firms expand mobilization efforts and shift to defense orders, with steel and auto workers inching toward strikes and prices climbing for raw materials.
MENTIONED IN THIS ARTICLE
Richard Fiske
New York
Federal Reserve Bank of New York
Treasury
Snyder
Insurance Companies
Savings Banks
Senate
Huntington
West Virginia
Finance Committee
Taft R.ohio
GOP
Koppers Co
Monsanto Chemical Co
Westinghouse Manufacturing Co
William Balderston
Philco Corp
Philco
United States Steel Corp
Columbia Steel Co
Geneva Steel Co
Eddystone
Steelmakers face three worries over winter ore supplies
The steel industry frets about tighter supplies of manganese chrome and iron ore as demand rises and Russia's role wanes. Key questions focus on domestic ore sources foreign chrome imports and whether Great Lakes shipping will resume enough ore flows from Lake Superior for the winter.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Russia
Great Lakes
Lake Superior
Manganese and Chrome Supply Pressures Shape Defense Needs
Unofficial price guides note rising manganese demand as U S steel output grows and sources shift overseas. Russia and India dominate supply with Montana deposits and limited domestic low grade ore potential. Chrome demand climbs for furnaces and stainless steel with limited domestic sources amid transport delays.
MENTIONED IN THIS ARTICLE
India
Union of South Africa
African Gold Coast
Brazil
Cuba
Mexico
Philippines
Chile
Montana
Arizona
Maine
Minnesota
Nevada
American Manganese Producers Association
Congress
U. S
Russia
Turkey
Rhodesia
Costs About $8 500
The Federal Housing Administration studied mortgages on one of every three new homes built in 1949 and found the average to be a five room one family structure with 840 square feet. The total value was 8502, with the site at 1018, average owner financed 7143 on a 23 year mortgage. The average property was valued at just over twice the buyer's annual income.
MENTIONED IN THIS ARTICLE
Washington
Federal Housing Administration
U. S
Also Mentioned on This Page
International Harvester
American Car and Foundry Co
Pacific Car and Foundry Co
Massey- Harris Co
Department of the Interior
Truman
Charles E. Wilson
General Electric
Waterbury
Conn
Federal Reserve Board
Sa'as
New York Stock Exchange
Tele
Indus
Member
Federal Deposit Insurance Corporation
the Business Mirror
National Association of Securities Dealers, Inc
Seamepens
Acme al Alloys
Alabama Mills
American Enka Corp
American Marietta Co
American Trust Co
Am Yn & Proc Co
Am Yn & Proc
Atlanta Gas Lt Co
Frmst Dairies, Inc
Garfinckel, Julius & Co
Garfinckel, Julius & Co., Inc
Garfinckel, Julius & Co, Inc
Ecees
St's
Irving Trust Co
Ivey, J. B. & CO Ceveevens
Jefferson Ltd
Life Ins Co
Kingsport Press
Life & Cas Ins Co
Lone Star Steel
Ts Long Bell Lumber Co
McBee Company
Oseee T
Moore Handley Hdw
Wef
Mooresville Mills
Morganton Furn Co Op
Munising Wood Prod Co
Natl City Bank
National Fire Ins Co
New Britain Mach Co
N. C
Newport Steel
Occidental Life Ins Co
Ohio Water Service Co
Oswego Falls Corp
Peninsular Te} Co
Oer Peoples Savings Bank Aj Trust Co
Oseeeeere Piedmnt & Northrn Rwy Fe
Piedmont Aviation
Eee
Pilot F F Mills
Potash Co of America
Pyramid Life Ips Co
Riegel Textile
Robertson
Heee
Rose
Rulane Gas Co
Seaboard
Nat! Bank
Southern Webb Mills
Spindale Mills
Talon, Inc
One
Taylor Foods
Eeeeneee
Tenn Gas
Transseenee
Texas Eastern Transwee
Textiles, Inc
Wv Textiles, Inc
Thiokol Corp
Seeereeee
Bs Tidewater Power Com
Towmotor Corp
Seees
Q ‘Trans Gas Pipe Line Corp
Vietor Products Corp
Wachovia Bank & Trust Co Oe
Coscesee
Warner Swasey Co
West Point Mfg
Cococere
Mr. J. Wilson Rogers
Mr. Rogers
Burlington, N. C
High Point College
Northwestern University
Allen B. Welborn, Inc
Rue
Highland Motors
N. Main ST
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