Business Holds Up Amid War Jitters Despite Holiday Slowdown
New York July 8 The July 4 holiday trimmed activity but underlying business strength remained, with brisk demand in autos building and retail. War jitters spurred selective buying in tires rubber and metals while textile orders rose ahead of cotton price changes. Steel and oil output hit high levels as power and construction increased, and banking notes mirrored seasonal trends with holiday-driven money in circulation.
MENTIONED IN THIS ARTICLE
G. A. Phillips
New York
Korea
Prince Hamlet
A. W. Zelemek
International Statistical Bureau
Associated Press
Canada
Youngstown
Pittsburgh
Cleveland
Buffalo
Birmingham
Love for a Working Man Over Money
A column urges marrying for love over wealth, celebrating a virile working man who labors from sunup to sundown. It promotes a simple life with a large family and cautions against pursuing wealth or insurance policies, arguing true love remains priceless.
MENTIONED IN THIS ARTICLE
Casper Milktoast
Security Quotations From the National Securities Dealers List
Unofficial bid and asked prices compiled July 6 1950 from NASD and other sources. Quotations cover Acme Al Alloys to Wilmington Savings and Trust Co including banks, mills, insurers, railroads, and manufacturers with ranges for each security.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Acme al Alloys
Alabama Mills Ereveveren
American Enka Corp
American Marietta Co
American Trust Co
Yn & Proc Co
Am Yn & Proc Co
Atlanta Gas Light Co
Auto Fin Co Com
Auto Fin Co
Si Bank of
Delaware Rayon “A
Dixie Home Stores
Douglas and Lomason
Drexel Furniture Co
DuMont Labs
Allen B
Dan & Bradstreet, Inc
Edison, Thomas A “B
Ero Manufacturing Co
Erwin Cotton Mills
Frmst Dairies, Inc Com
Frmst Dairies
Gambie Brothers
Garfinckel, Julius & Coy Tro
Garfinckel, Julius &Co. Inc
Garfinckel, Julius & Co., Inc
Garlock Packing Co
Genuine Parts Co
Gordon Foods, Inc
Hanes, P H Knitting Co
Gs Home Insurance Co
Hotels
Statler
Houston Oil
Cellu
Irving Trust Co
Ivey, A B. & Co
Eeseee
Jeff Ltd Life Ins
Cine OO
Kellogg Co
Csesseees
San
Kingsport Press
Life & Cas Ins Co
Tenn
Long Bell Lumber Co
Lone Star Steel
Ccceee
McBee Company
Monumental Life Ins Co
Moore Handley Hdw
Tis
Mooresville Mills
Morganton Furn Co
Munising Wood Prod Co
Nat'l City
Bnk
Nat’ Fire Inn Co
New Britain Machine Co
Newport Steel
C. Railroad Co
Occidental Life Ins Co
Ohio Water Service Co
Oswego Falls Corp
Peninsular Tel Co
Peoples Savings Bank & Dent
Ccc Knees Cae Piedmnt & Northrn Rwy
Piedmont Aviation
Csses
Potash Co of America
Pyramid Life Ins Co
Robertson, H H
Atsu Rose
Rulane Gas Co
Seaboard Fin
Seaboard
Solar Aircraft
Southern Webbing Mills
Spindale Mills
Standard Stoker Co
Stonecutter Mills
Strombre Carisn
Talon
IMC
Cecccecsesess
Taylor Fooods
Ceeeees
Lh Tenn Gas Tvans
Scooee
Texas Eastern Trans
Textiles, Inc Com
Textiles, Inc
Thiokol Corm
Tidewater Pow Co
Towmotor Corp
Transcon
U.S
Del
Victor Prod Corp
Ccses
Wachovia Bank and Winset Co
Warner & Swasey Co
West Point Mfg Co
Wilmingtn Sav & Trst
Rivalry Revealed Between Raphael and Michelangelo at Vatican
Vatican Museums assistant Prof. Deoclecio Redig De Campos notes a 400 year old rivalry in Raphael frescoes. While studying The Loggias, he observed a recast central figure showing Michelangelo dressed as a captive tied to the chariot of King David entering Jerusalem.
MENTIONED IN THIS ARTICLE
Vatican City
Raphael
Michelangelo
Deoclecio Redig de Campos
Vatican Museums
Vatican Palace
David
Jerusalem
Big Lunch Program Marks Record Year
School lunch cooks wrap up the year after serving 1.3 billion lunches to 8 million children in 52,800 schools across the U S and territories. Food purchases added 180 million dollars to local stores while the Agriculture Department supplied over 400 million pounds of food in addition to local buys.
MENTIONED IN THIS ARTICLE
Washington
U. S
U. S. Department of Agriculture
Big U S boom and federal deficit noted in briefs
Behind the News in Business lists Leon Keyserling predicting a U S boom with production rising from 170 to 360 billion and living standards up 25 percent. It also reports a 1950 deficit of 3.122 billion, a British plan to employ Klaus Fuchs, and an RFC loan to a Reno hotel amid other items.
MENTIONED IN THIS ARTICLE
Leslie Gould
New York
Leon Keyserling
Truman
Council of Economic Advisers
London
Klaus Fuchs
Russia
Washington
Switzerland
Reno
RFC
Red tape and conflicting visa decisions anger readers
A letter condemns US visa refusals for Karol Sidor citing harm to American interests. The writer questions why Naples and Montreal consuls issued differing judgments and asks Secretary Acheson to explain to families of fallen soldiers and veterans. The piece portrays policy blunders and inconsistent consular decisions.
MENTIONED IN THIS ARTICLE
United States
George L. Brandt
Naples
Karol Sidor
Sidor
U. S
State Dept
Sec
Acheson
G. Ls
U. S. State Dept
Montreal
Italy
Australian Tribesmen Prefer Own Funerals
Report from Darwin details an active looting of graves by Aboriginal groups who remove bones from the city cemetery to perform tribal burial rites in Arnhem Land. The piece notes widespread tribal funeral customs across North Australian tribes and tension with white burial practices. A second item mentions Milton farmer neighbors reporting a six foot corn and a 5,382 mile trip by Mr and Mrs Chadima to southern Mexico.
MENTIONED IN THIS ARTICLE
Darwin
Daraway
Arnhem Land
Vacation Show At Ostend Aims To Cut Belgian Exile Tourism
French, Swedish and American entertainers including Maurice Chevalier Orson Welles and Swedish tenor Tygesen will converge on Belgium's coast this summer to bolster the coastal tourist trade. They seek to curb the 58 percent of Belgians traveling abroad by drawing visitors home and boosting local business.
MENTIONED IN THIS ARTICLE
Ostend
Belgium
Maurice Chevalier
Orson Welles
Tygesen
Caddy Grabs Lunch Sack Finds Old Shoes
In Danville Illinois Bob Defe baugh hurried from home with a full lunch sack. At Harrison Park golf course he sat down for a noon meal and found a pair of old shoes inside the sack.
MENTIONED IN THIS ARTICLE
Danville
Ill
Bob Defebaugh
Harrison Park
Questionable Government Gambles Prompt Public Debate
The piece critiques government lending choices from the RFC including a Reno hotel loan with a casino and a Lustron loan of 37.4 million. It notes a six month export license suspension for illicit material, and a two year sentence for Gambler Frank Erickson. It questions policy amid Cold War fears and international strains.
MENTIONED IN THIS ARTICLE
RFC
Reno
Lustron
Isa
New York
Frank Erickson
Korea
Iran
Berlin
Booming US Demand Lifts British Exchequer Ties
The United States briskly buys tires, tin, wool and other goods from Britain, boosting sterling area reserves to about 2.4 billion dollars. Cripps warns prices may not stay high. Canada also strengthens dollar reserves amid rising demand for nickel lumber and pulp.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Australia
South Africa
United States
Stafford Cripps
House of Commons
Sterling Area
Malaya
America
Canada
England
Most People Want Bargain Funerals
A Texas Tech student survey in Lubbock shows 67 percent of those interviewed favor low cost funerals and consider elaborate rites unnecessary. Only 33 percent prefer expensive burials with others like divorcees and single men leaning toward economical options.
MENTIONED IN THIS ARTICLE
Lubbock
Texas
W. J. Neal
Texas Technological College
Grand tour Peorian plans bicycle trip through Europe
Gersh Tillotson, 22, Bradley University graduate, intends a summer bicycle tour of the British Isles and other parts of Europe with $300. He expects rough going but says it will be fun.
MENTIONED IN THIS ARTICLE
Peorian
Gersh Tillotson
British Isles
Europe
Bradley University
Demand For Cotton Goods Strengthened
New York reports prices advanced and demand for cotton textiles grew this week driven by inflationary fears from Korean hostilities. Mills sold up through Q4 on print and broad cloths, but vacations and repairs limited output. Wool and rayon goods also firm with strong orders, while gray goods prices rose on yarn cost expectations.
MENTIONED IN THIS ARTICLE
New York
Veteran offers to serve again despite penitentiary address
Houston officers cite the World War II veteran's letter offering to re enlist but decline due to his current address at the Texas State penitentiary. The note reflects wartime patriotism and postwar prisoner status.
MENTIONED IN THIS ARTICLE
Houston
Tex
Texas State Penitensiary
Also Mentioned on This Page
Tyee
Ramblin
Firth Holmes McGhee
Philadelphia
C. Dewitt Holton Furniture CO
S. Main ST
South Korea
Charles Gerry
Keyserling
Henry Wallace
Fuchs
Atom
Alger Hiss
Hiss
Winchell
Des Moines
Iowa
Milton Farmer
Swisher
Chadima
Mexico
Business Mirror
Eah Point Savings and Trust
Sonepat Ak
High Point, North Carolina
State OF North Carolina
Letter OF Credit
Member
Federal Deposit Insurance Corporation
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