Inflation Gains as Industry Tackles War Production
Inflation rose this week as industry addressed military needs and domestic supply. Earnings rose across major firms including General Motors and United States Steel, with high employment and consumer spending. Talks of wage price controls surfaced, but most economists saw no immediate need for broad action.
MENTIONED IN THIS ARTICLE
New York
General Motors Corporation
United States Steel Corporation
Washington
Maybank Spence Bill Faces Safeguards Challenges
In a July 29 editorial the paper warns that the Maybank Spence Defense Production Bill risks expanding government control over industry. It argues safeguards are needed to ensure plant seizures are temporary and provide due process, with hearings for business, shareholders, and the public before passage.
MENTIONED IN THIS ARTICLE
New York
Maybank - Spence
Spence
Kentucky
Congress
Maybank- Spence
Court of Claims
War push reshapes industry with voluntary allocations
U S business adapts to wartime needs amid tax and control doubts. Shipyards revive vessels and B 29s while airlines and oil refineries redirect fleets and fuel. Steel copper and lumber face shortages as production rises and sugar stocks are bought to curb hoarding. General Motors reports record June through midyear profits and payrolls.
MENTIONED IN THIS ARTICLE
New York
Pacific
Korea
United States
Security Quotations Bid and Asked Prices July 27 1950
Collection of unofficial bid and asked prices from NASD and other sources for diverse securities as of July 27 1950. Quotes cover Acme Alloys Ala Great Southern Railroad Alabama Mills and a wide range of industrials banks utilities and manufacturing firms with varied percentages and par values.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Acme al Alloys
Alabama Mills
American Enka Corp
American Marietta Co
American Trust Co
Yn & Pro Co
Atlanta Gas Light Co
Auto Finance Co Com
Auto Fin Co
Bank of Manhattan
Bassett Furn Industries
Bausch & Lomb Optical
iBlack Stralls & Bryson
Blue Bell, Inc
Bl Rdgins Co
Shelby
Buffalo Bolt Co
Butler's, Inc
Cannon Mills “B
Carolina Mtn Tel Co
Caro Pow & Lt Co
Caro Tel & Tel Co
Chad Hips Mills, Inc
Chad Hos Mills
Chase Nat'l Bank
Cable Dairy Pdets
Col'n Stores, Inc
Col’n Stores, Inc
Creamery Pkg Mfg Co
Dan Riv Mills Com
Dan Riv Mills
Delaware Rayon “A
Dixie Home Stores
Drexel Furniture Co
DuMont Labs
Allen B
Dun & Bradstreet, Inc
Edison
Hytron R & Elec
Inter Mountain Tel
International Cellucation Products Co
Irving Trust Co
Ivey, J. B. & Co
Ats
Jeff Ltd
Life Ins Co
Garfinckel, Julius & Co
Garfinckel, Julius & Co., Inc
Garlock Packing Co
S Genuine Parts Co
Gordon Foods, Inc
Hanes, P. H. Knitting Co
Home Finance
Home Insurance Co
Hotels Statler
Houston Oil Field
Lone Star Steel
Long
Seaboard Fin
Seaboard
Spindale Mills
Stoker’ Co
Stonecutter
Textiles-Inc
Thiokol Corp
Sie & Tidewater Pow Co
Towmotor Corp
Cove
Trans Gas Pipe Line Corp
U. S. Truck Lnes
Victor Prod Corp
Wachovia Bank and Trust Co
Warner & Swasey Co
West Point Mfg Co
Wilmington Saw & Trst Co
Methuselah Beetle Sheds Light on Longhorn Life Span
The longhorn beetle family is said to have a 60 year life cycle. The text notes that the distress signal SOS derives from its ease of detection in coded messages.
Also Mentioned on This Page
Truman
Ives
R.-N.y
Senate
Banking Committee
New York Stock Exchange
THE
Elwood Hotel
Elwood
High Point
Carolina
North Carolina
Howard Dayton
W. K. Simons
Business Mirror
By Sam Dawson
Federal Reserve Board
U. S
Cuba
General Motors
Maine
Commerce
Charles Sawyer
Senate Banking Committee
International
Talmadge
Helen Dortch Longstreet
Georgia
Certe
Cen
Tury
America
Textile
Csextlg Insurance CO. OF
High Point, North Carolina
Member
Federal Deposit Insurance Corporation