Money and Eggs Seen More Plentiful Next Year
The Agriculture Department reports a record peacetime pork supply anticipated in 1950 and an expected eight to ten cent per dozen drop in egg costs. The Federal Reserve Board notes easier installment terms and a growing money supply, though tax levels and prices for steel and coal may rise. A larger money supply depends on credit demand. 1949 saw a third consecutive drop in currency outside banks.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
Federal Reserve Board
Reserve Board
Agriculture Department
Safety record set by coal mines faces final week test
Pittsburgh report notes 1949 could be safest year in mining history if no major disaster occurs. Spokesmen credit safety programs and equipment, while strikes are cited as not to blame. Major disaster defined as five or more lives lost. last occurred in 1948. In Mooresville, FCC grants construction permit for a new daytime 1350 kHz radio station with 1000 watts.
MENTIONED IN THIS ARTICLE
Pittsburgh
Dec
National Coal Association
United States Bureau of Mines
Military Scientists Weigh Robo Saboteur Guidance Plan
Washington reports defense officials discuss ideas for steering ballistic missiles with semiactive guidance using radar beams from city illuminators or pathfinder aircraft. Aimed at improving long range accuracy, the concept raises questions about countermeasures against in-rocket autonomous navigation and celestial navigation alternatives.
MENTIONED IN THIS ARTICLE
Washington
Defense Department
Research and Development Board
Lion Trainer's Son to Take Over Her Act
In Thousand Oaks California 18 year old Michael Kovar will assume his mother May Kovar Schafer's animal act after she was killed breaking a lion named Sultan in a cage. Rudy Miller an elephant trainer aided and Mrs Schafer died before a doctor arrived. Funeral announced for Oxnard California.
MENTIONED IN THIS ARTICLE
Thousand Oaks
Calif
Michael Kovar
May Kovar Schafer
Sultan
Michael
May
Rudy Miller
May Schafer
First federal farm housing loan goes to Anson couple
In North Carolina the first loan under the federal farm housing act is approved for Anson county residents Mr and Mrs J Walter Yarbrough of Peachland. The loan amounts to 2690 dollars to repair their home and other structures.
MENTIONED IN THIS ARTICLE
Wadesboro
N. C
North Carolina
Anson County
J. Walter Yarbrough
Peachland
Yarbroughs
FBI Probes Dynamite Plot Against CIO UAW in Detroit
FBI moves to probe a dynamite plot against the CIO United Auto Workers in Detroit as police report no clues to the plant’s origin. The agency cites civil rights law and federal rules, while UAW rewards rise toward a quarter million dollars and President Walter Reuther remains unscathed.
MENTIONED IN THIS ARTICLE
Detroit
FBI
CIO
United Auto Workers Union
Howard McGrath
Uawcio
UAW
Walter Reuther
Victor
The
Detroit Times
Jack Pickering
Turkey prices drop ahead of Christmas sales
Prices for turkeys fell two to six cents per pound across the country in the week before Christmas with turkey costs about 20 cents below last year’s peak. Family-sized birds averaged 57 to 59 cents per pound in many major stores as poul teriers reported plentiful supply. Cranberries held steady from Thanksgiving while other meats and vegetables edged lower or stayed near prior levels with ham pork loin and beef roasts remaining steady and regional produce markets noting select items higher in New York due to weather impacts.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Florida
California
Cold Weather Moves Into Carolinas and Midwest Travel Turbulence
A mass of cold air from northwestern Canada grips the central and eastern U S with sub zero readings in the Dakotas and Minnesota. Ice and snow hamper travel and cut power in midwestern states while Quincy Illinois faces widespread outages amid a sleet storm and 3 to 6 inch snow elsewhere.
MENTIONED IN THIS ARTICLE
Associated Press
Dakotas
Minnesota
Canada
North Central
Quincy
Ill
Kansas
Nebraska
Missouri
Iowa
Wisconsin
Upper
Michigan
Appalachian Mountains
Carolinas
Mao Seated At Stalin's Right
Mao Tse-tung sat at Stalin's right during a Bolshoi Theatre birthday celebration for Stalin. Khrushchev sat to Stalin's left as the group listened to an address by Soviet President Nikolai Shvernik.
MENTIONED IN THIS ARTICLE
Moscow
Mao Tze-Tung
Communists of
China
Stalin
Bolshoi
Nikita Khruschev
Communist Party
Nikolai M. Shvernik
Joseph Stalin
V. M. Molotov
Politburo
Marshal Tito
Yugoslavia
Tito
United States
Great Britain
Cominform
Leaders To Seek Repeal Of Taft Hartley In 1950 Debates
Washington report notes President Truman prioritizes Taft Hartley repeal but Democratic leaders doubt votes exist to undo the act next session. Many Democrats see repeal as a campaign issue for 1951 while Southern allies and Taft oppose quick rollback. Taft cites Ohio workers' views against erasing current labor law.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Capitol
Senate
House
Taft
Ohio
Freedom Movement
New York
Johnson
U. S
Russia
Sheriff and Deputy Shot by Farmer in Stanly County
Stanly county Sheriff P. E. Herrin and Deputy Jesse M. Morton were wounded by shotgun blasts as they attempted to arrest James Howard of Bear Creek last night. Howard, tracked by bloodhounds, was arrested in woods near his home after the incident. Herrin was treated for a arm wound. Morton’s stomach wound was serious and required blood transfusions.
MENTIONED IN THIS ARTICLE
Albemarle
Stanly County
James Howard
Bear Creek
P. E. Herrin
Jesse M. Morton
Yadkin Hospital
J. T. Morgan
Herrin
Howard
World Faces Two Armored Camps This Christmas
James Marlow notes a grim holiday backdrop as reports from Washington Paris Moscow and Berlin show a world divided by arms and threats. Chinese and Yugoslav leaders spar while Soviet leaflets target Western allies and defense chiefs urge renewed military strength to deter aggression.
MENTIONED IN THIS ARTICLE
James Marlow
Washington
Santa Claus
MacArthur Levels Hypocrisy Charge Against Red Leaders
General MacArthur denounced Soviet hypocrisy and pressed for independent investigation into 376000 missing Japanese prisoners held by the Russians. He asked Washington to start negotiations for an inquiry by a neutral nation or the International Red Cross. The clash followed a Russian walkout from the allied council for Japan as 200 Japanese relatives pressed for information on repatriation.
MENTIONED IN THIS ARTICLE
Tokyo
MacArthur
Washington
International Red Cross
Allied Council For Japan
United States
Neer
Ittter
Kuzma Derevyanko
W. J. Sebald
Taxi Driver Killed and Wife Beaten in Charlotte
In Charlotte officers found a dead cab driver in his taxi with his badly beaten wife nearby. Lloyd Frantz 23 was shot three times and fellow cab drivers said they were together when the incident occurred. Johnny White 19 a theater employee was arrested and charged with murder.
MENTIONED IN THIS ARTICLE
Charlotte
Lloyd Frantz
Johnny White
B. B. Allen
White
Confessed Rapist Is Given Long Sentence
Carlsbad New Mexico report says Homer Kelley, 27, pleaded guilty to raping a girl under 16 after breaking into a slumber party. He was sentenced to 70 to 99 years in prison less than 36 hours after the alleged attacks. Hobbs resident and oil field worker is a sex offender on probation.
MENTIONED IN THIS ARTICLE
Carlsbad
N. M
Homer Kelley
A. Hobbs
Kelley
McKellar Urges Cut in European Recovery Aid Spending
Sen McKellar of Tennessee joins push from Republicans and Democrats to reduce ECA funding for Western Europe. He cites agreement that the Marshall Plan program should be scaled back under the Economic Cooperation Administration led by Paul Hoffman.
MENTIONED IN THIS ARTICLE
Washington
McKellar
D-Tenn
Senate Appropriations Committee
Hoffman
Paul Hoffman
Economic Cooperation Administration
Tennessee
Vandenberg
Michigan
Europe
Leaders Hold Edge In Stock Trading
NEW YORK December 22 A moderately active stock market held a slight edge on the upside. Leaders mostly moved in small fractions with many near prior closes. Gains appeared for Santa Fe Southern Railway Texas Co Public Service Electric and Gas American Cyanamid Dow Chemical Du Pont American Woolen International Paper American Tobacco Bethlehem Steel General Motors Chrysler Goodrich Douglas Aircraft Lockheed Schenley Industries while American Telephone dipped after an opening rise. Other declines included Consolidated Natural Gas Chesapeake and Ohio Loew's Kennecott Copper General Electric Sears Roebuck and Caterpillar Tractor.
MENTIONED IN THIS ARTICLE
New York
Santa Fe
Southern Railway
Texas Co
Public Service, Electric and Gas
American Cyanamid
Dow Chemical
du Pont
American Woolen
International Paper (New
American Tobacco
Bethlehem Steel
General Motors
Chrysler
Goodrich
Douglas Aircraft
Lockheed
Schenley Industries
American Telephone
Consolidated Natural Gas
Chesappeake
Ohio
Loew's
Kenneccott Copper
General Electric
Sears Roebuck
Caterpillar Tractor
Also Mentioned on This Page
Oscar Caplan
Frank Sackley
Jimmy Doyle
Dianne Roberts
Beatrice Nunes
Chicago
Jimmy
Ness
Sandy
Mooresville
Federal Communications Commission
Wayne M. Nelson
Paul F. Lovey
Las Vegas
Nev
Kansas City
Lovey
Turkey
Mao
World
Paris
France
Wall Street
Germany
Berlin
Gen. MacArthur
Leer
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