Coal Shortage Clouds U S Business Outlook
A week of strong trends in some sectors was clouded by a menacing coal shortage raising fears for future production. Miners three day week and partial plant curtailments, with floods and cold spells, weighed on power, steel and automotive output, while GM and steel firms pursued expansion and a record level of electric power use rose to meet heating demand.
MENTIONED IN THIS ARTICLE
G. A. Phillips
New York
Associated Press
Pittsburgh
Duquesne Light Co
Cipal
Laboard
Lewis
Mississippi Delta
Canada
General Motors
Dallas
Los Angeles
Alfred P. Sloan
Charles E. Wilson
United States
SA Programs To Feature Youth Today
Salvation Army services will include youth participation for Young People's Day. Cadet Corps members Harold Hinson and Pauline Burley will speak at the 11 o'clock morning meeting, and Corps Cadets leader Grissom will speak at 7:30 PM. A delegation from Thomasville’s newly organized outpost will attend the evening service.
MENTIONED IN THIS ARTICLE
Salvation Army
Army
Harold Hinson
Pauline Burley
Cadet Corps
Young People's Legion
Eore Pee
Co. Grissom
Corps of Cadets
Thomasville
New Fair Grove Lions Club To Get Charter
The Fair Grove Lions Club will hold charter night January 27 at the Fair Grove high school gymnasium. About four hundred people, including wives, are invited to hear Hon. Hubert E. Olive of Lexington. Charter will be presented by Lions District Governor Jeff B. Wilson of Biscoe with Norman Trueblood of Elizabeth City and Judge Ernest Alexander of Kannapolis. Bob Steibing of Thomasville, Lions zone chairman, helped sponsor the club.
MENTIONED IN THIS ARTICLE
Thomasville
Fair Grove
Bob Steibing
Lions Zone
Fair Grove Club
Thomasville Lions
Housing Trouble in Washington Defies Separation
A 1941 property settlement left a husband in a spare room while the wife kept the main home. By 1949 she sought divorce. the federal court denied it as separation not divorce. The U S Court of Appeals reversed, holding that the essential issue is separate lives, not separate roofs.
MENTIONED IN THIS ARTICLE
Washington
Federal District Court For
District of Columbia
U. S. Court of A Hn
Thomas F. McAllister
Closing Stock Quotations From Adams to Youngs S&T Try
A dense list of closing stock quotations covers many industrials and utilities. Names include Adams Exp, Air Reduction, Alaska, Alleghany, Am Can, Am Car & Fdy, Am Pow, Boeing, Coca Cola, General Electric, IBM absent, Eastman Kodak, Ford not shown, Johnson Manville, Kennecott, Libby, Lockheed, Penn RR, Pepsi Cola, Pullman, Radio, Radio K, Rem Rand, Sears, Std Oil variants, US Steel, Westinghouse, Woolworth, and others with varied percentages.
MENTIONED IN THIS ARTICLE
Adams
Alaska
Alleghany
Allis Cnal
Barnsdall
Bendix
Chrysler
Coca Cola
Colum G&e
Curt Wright
Davison Chem
del Lack & W
Doug Aire
Dew
DuPont
Eastern Airl
Eastman Kod
Klee Auto Lt
Freeport Sul
Elec
Gen Foods
Gen Mot
Gillette
Glidden
Goodrich
Goodyear
Graham Paige
Ry Pf
Lud Mot
Hiupp Corp
Ll Cent
Int Harvest
Int
North Amer
Nor Pac
Ohio Oil
Otis Bflew
Pac G&e
Studebaker
Swift
Tex Co
Tex Gulf
Tex Gulf Sul
Textron
Timken
Det Ax
TransAmerica
Union Carbide
Union Pac
United Airs
United Aire
United Corp
United Fruit
US Pipe
US Rubber
US Smelt & Ref
US Steel
Vick Chem
Warner Pict
West Mary
West Union
West Elect
Wilson
Woolworth
Youngs S&t
Securities Bid and Asked Prices as of January 19 1950
Unofficial guidance quotes from the National Association of Securities Dealers and other sources show bid and asked ranges for various securities. Origin of quotations available on request. The sheet notes possible 10 16 and 17 percent series among descriptions.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Youth Struck by Moving Car Injures Six Year Old
A six year old boy was slightly injured yesterday afternoon when he darted into Hamilton street and was struck by a moving car driven by Thomas T. Mitchell of 518 Weaver Street. The boy was taken to Memorial hospital with a severe scalp wound. investigators found no speeding or traffic law violation and planned no charges.
MENTIONED IN THIS ARTICLE
Thomas T. Mitchell
Weaver Street
William Richard Strickland
Martha Strickland
Norwood Court Apartments
Hamilton Street
Ray Street
Boulevard
Memorial Hospital
Mitchell
Savings power of American families hits record level
In New York a reporter cites consumer holdings totaling 58.8 billion cash deposits plus 57.6 billion in savings bonds and 215.4 billion in life insurance policies as a high water mark for savers. He argues trustees must defend buying power against inflation and notes savers lack organization to lobby for fiscal safeguards. In Galesburg Illinois a polio survivor, Mrs. Richard Powers, aged 26, born twins Richard Steven and Sandra Kay after polio in 1946 and a Warm Springs visit.
MENTIONED IN THIS ARTICLE
New York
Jan
U. S
Mutual Savings Banks
Savings and Loan Associations
Elect
Galesburg
Ill
Richard Powers
Warm Springs
Georgia
Richard Stevien
Sandra Kay
County Board Looks At Renting Vote Machines From High Point
Guilford County Commission meets February 6 to consider a plan to rent ten voting machines from the city of High Point for county elections. High Point seeks to purchase, but will wait on the county’s agreement. Rent is 70 dollars per machine or five percent of cost over three years, with a buy option at period end.
MENTIONED IN THIS ARTICLE
Guilford County
High Point
James A. Doggett
City of
Stock Market Recovers Ground Amid Coal Strike Turmoil
The New York market regains most losses from Jan 12 as prices near the Jan 11 high. Week shows uneven gains with Tuesday fading, coal strike fears clouding outlook for 100,000 miners and coal output. Traders weigh administration efforts, while long‑term optimism coexists with possible near‑term shakeouts. Allied Chemical leads gains, aided by rotating interest into chemicals and rail and meat packing shares.
MENTIONED IN THIS ARTICLE
Wall Street
Financial District
Allied Chemical
Associated Press
Tokyo Tourists Get The Bird
Japanese fortune tellers using birds and mini shrines offer a foreigner service in Tokyo. For 20 yen a bird frees, delivers a fortune in Japanese, and presents an English slip as needed. An American tourist faced a hiccup when a fur coat frightened the birds, but the service resumed. The piece also notes stock market activity with modest gains and turnover.
MENTIONED IN THIS ARTICLE
Tokyo
INS
Also Mentioned on This Page
New
Fairmont Lions Club
U. S. Labor Department
Acme al Alloys
Alia Grt
Alabama Mills
American Enka Corp
American Marietta Co
American Trust Co
Yn &Pro Co
Atlanta Gas Light Co
Vt 14
Auto Finance Co
Auto Fin Co
Bank of Manhattan NY Fle
Bassett Furn Industrie
Bausch & Lomb Op
Blue Bell Inc
Blue Ridge Ins Co
Shelby Wee
Buffalo Belt Co
Butler's, Inc
Cannon Mills
Carolina Mtn Tel Co
Carolina Pow & Lt Co
Dan River Millis
Dan River Mills i
Pfd
Delaware Rayon A
Dixie Home Stores
Douglas & Lomason
Drexel Furn
Erwin Cotton Mills
Foremost Dairies, Inc
Foremost Dairies
Garfinckel
Julius & Co
Jar Finckel Julius & Co
Pra Sane
Garlock Packing Co
Genuine Parts Co
Jordon Foods
P H Knitting Co
Eeeneeee Ad
Home Insurance Co
Sah
Y Hotels Statler
Ceeseees
Houston
Fid Matee
International Cellucation Products
Irving Trust Co
Isslvey JI B& Co
Jefferson Ltd Life Ins ‘Co
Kingsport Press
Bly Life & Cas Ins Co
Tenn
Long Bell Lumber Co
McBee Company Emer
M &J Finance Co
Monumental Life Ins
Moore Handley
Mooresville Mills
Morganton Furn
Nat'l City Bank
Nat'l Fire Ina Co
Britain Mach Co
Newport Steel
North Carolina Reco
Occidental Life Ins Co
Ohio Water Service Co
Peninsular Tel Co
Peoples Savings Bank & Trust Co
Pied & Northern Ray Piedmont Aviation
Pyramid Life Ins Co
Robertson
H Hicesses Oe
Fulane Gas Co
Rulane Gas Co
Sesboard Finance
Solar Aircraft
Southern Webbing Mills
Pindale Mills
Tindard Stoker Co
Tonecutter Millis
Romberg
Merchandise Mart
Chicago
Ruth Ellen Merlyn
A Miller
Taylor Foods Fete
Texas Eastern Trans
Eee Textiles, Inc Com
Textiles, Inc
Thiokol Corp Thee
Idewater
Seer
Towmotor Corp
United Transit
Victor Products Corpahy $i
Wachovia
Bnk & Trst Co
Warner & Swasey Co
West Point Mfg Co
Wilm Sav & Trust
Kle
America
Steel Magazine
ATR
U. S. Department of Commerce
Stock Mart
Mathieson
Ben Franklin
Most
Benjamin Franklin
Benjamin Frank
Lin
Hick PoInt Savings and Tre
Member
Federal Deposit Insurance Corporation
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