War Stocks Rally After Truman Talk In Market Surge
War stocks jumped in early trading led by aircraft textiles rails and motors as investors bet armament plans would boost profits. Cur tiss Wright Consolidated Vultee N Y Central Baltimore and Ohio North American Aviation and other names surged amid heavy volume of over two million shares.
MENTIONED IN THIS ARTICLE
New York
Truman
Plan Roe
Financial District
Curtiss-Wright
Consolidated Vultee N.Y. Central
Baltimore & Ohio
North American Aviation
Pennsylvania
R.A
American Woolen Pacific
Tin
Republic Aviation Willys-Overland
St. Paul
Radio Corp
Grumman Aircraft
Wyandotte Worsted
Nash raises 1951 model car prices
Nash announced price increases for 1951 models from 69 to 98 dollars, and then again from 29 to 98 dollars earlier. The company said the latest increases are not tied to actual cost rises and cited higher labor material and freight costs since the last change.
MENTIONED IN THIS ARTICLE
NASH
Detroit
War Controls Tighten Economy as War Plants Draft Labor
War controls and warnings rise as factories prepare for defense needs. A manpower board starts to recruit labor for war plants and allocate skilled workers. wage controls and price curbs target autos, meat, copper and cobalt usage while the Farm Bureau opposes food price controls.
MENTIONED IN THIS ARTICLE
Newpal York
Fall Assembly
Oral Electric Co
Washington
Bioauto
Fatestone
American Farm Bureau Federation
National Production Authority
NPA
Business Trends Improve Despite Railroad Strike
The article reports steady retail trade before Christmas despite a sudden railroad strike that disrupted packages and mail. It notes strong Wall Street bonuses and rising stock activity, plus high steel output, increased coal and electric power, and elevated money in circulation despite market volatility.
MENTIONED IN THIS ARTICLE
Mestbons
Np My Mao
Neweau Cleveland Sia Elastaneome
Wall Street
Addiiton
Draper Corp
Hartford
Vey’ Ree Expert Co
Kent
Onic
N. Shooties Pen Co
Fort Madison
Ie Seragee
Ohio
Pennsylvania
Mid-Western
Europe
Ae Ee
Bondsalse
United Aircraft Chief Doubts Truman Output Goal
N Mansfield Horner president of United Aircraft Corp said Truman's call for a five fold increase in output in one year is not feasible. Under ideal conditions the best one year could bring a threefold rise in power plant production.
MENTIONED IN THIS ARTICLE
East Hartford
Conn
N. Mansfield Horner
United Aircraft Corp
Truman
Horner
UAC
Congressional Air Policy Board
Youth Army in China to be Conscripted for World War
The China Union Press reported that Prime Minister Stalin and Chinese Communist leader Moa Tze-Tung agreed to form a 3,000,000 man youth army in China for the coming world war. The army would be trained by Russians.
MENTIONED IN THIS ARTICLE
Taipei
Formosa
China Union
Stalin
Moa Tze-Tung
Also Mentioned on This Page
Business Mirror
By Sam Dawson
Benny
Commerce Department
Department
Tober
Member
Federal Deposit Insurance Corporation
G. A. Phillips
United Aircraft Head
Adams Exp
Admiral
Alaska
Alleghany
At&t
Arm & Co
At&sf
Atlas
Avco Mfg
B&o
Bendix
Curt. Wright
Curt Wii A
Davison Chem
del Lack & W
Doug Aire
Dow Chem
DuPont
Eastern Air
Eastman Kod
Elec Auto Lt
Firestone
Freeport Sul
Elec
Gen Foods
Glidden
Goodrich
Goodyear
Graham Paige
Gt Nor Ry Pf
Hupp Corp
Int Harvest
Ti Cent
Nick Can
Int
Tel & Tel
Johns Manville
Kennecott
Kroger Co
Libby
Rot Ligg & Myers
Lockheed
Loews
Lorillard
Louis & Nash
Mack Truck
Mokt8& Mont Ward
Nat Biscuit
Nat Dairy Prod
Nat Dist
Nat Lead
NY Cent
North Amer
Penn RR
Pepsi Cola
Phillips Pet
Pitt Scr & B
Pullman
Pure Oi
Rem Rand
Repub St
Reynolds B
Sears
Socony
Sperry
Cal
Ind
Stevens J. P
Stewart Warner
Studebaker
Swift
Tex Co
Tex Gulf
Tex Gulf Sul
Textron
Tiraken
Wilson
Woolworth
Youngs S&t
Enney
Anta
Penney’s
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