Business Picture Healthy Despite Disturbing Events
New York business and industry show strength with high steel and auto output while stock markets falter and coal shortages loom. Auto production nears 155,164 units worldwide and steel runs at 97.2 percent capacity as trade shows and home appliance promotions buoy retail demand.
MENTIONED IN THIS ARTICLE
G. A. Phi
New York
Canada
Wall Street
White House
John L. Lewis
National Labor Relations Board
United States Chamber of Commerce
Ben Moreell
Jones & Laughlin
Abrams
Emerson
National Retail Dry Goods
Price battle between woolen mills and tailors nears clash
New York report on the coming fall price fight between woolen mills and men’s suit makers. Wool costs in Australia and New Zealand rise. cutters seek 10 to 20 cents a yard cuts. Labor and distribution drive costs, with no big relief expected for shoppers.
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New York
New Zealand
Australia
Jerome I. Udell
Max Udell & Sons
Wool Bureau
Bureau
Yankee
Bradford
England
Britain
National Credit Office
Gorgas Award Given to Dr H Trendley Dean
Dr H Trendley Dean, noted dental research leader, received the annual Gorgas Award at a meeting of the Association of Military Surgeons of the United States in Washington.
MENTIONED IN THIS ARTICLE
Washington
INS
H. Trendley Dean
Gorgas
Association of Military Surgeons of the United States
Crisis in Japan: U S aid needed to check Communists
B G Davis argues in Magazine Digest that Japan’s economic collapse risks Communist takeover with Red China ties. He cites 3,000,000 active Communists, Nozaka leadership, and MacArthur’s limits, urging sustained aid and raw materials access to keep Japan from being engulfed by communism.
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New York
INS
United States
Japan
Communist Party
Red
MacArthur
Davis
Ziff-Davis Publishing Co
Digest
Sanzo Nozaka
S Nozaka
Nozaka
Mao Tse-Tsung
China
Mao
Ussr
Island
Asia
Massachusetts Secession Pact Demands Fugitive Slave Law Repeal
A prewar Massachusetts convention urged New England secession from the Union if the fugitive slave act was not repealed, Britannica notes. The proposal framed secession as a protest against Federal enforcement of the law during the abolition era.
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Massachusetts
New England
Britannica
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