Coal Settlement Ends Steep Industrial Decline
The coal strike's settlement halts one of the era’s sharpest business declines as 575,000 UMW workers end a month long stoppage. The agreement raises costs across industries, with steel, autos, and other sectors facing higher input prices and potential inflation, while production edges back toward normal levels and unemployment shifts.
MENTIONED IN THIS ARTICLE
G. A. Phillips
New York
United Mine
John L. Lewis
Mid-West
Chrysler
American Airlines
General Motors
Ford
Canada
Changes in Officers and Board at Consolidated Caribou Silver Mines
The article reports changes in the officers and board of Consolidated Caribou Silver Mines Inc amid a public stock offer at 1.25 per share while insiders pay 1.23. Boris Pregel and Alexander Pregel are central figures amid immigration and inquiry probes. Donald Nelson becomes president with board shifts including R J Reynolds Jr. and Pregel’s lawyer. The piece questions fairness of offering to the public and potential conflicts if prior subscribers are excluded.
MENTIONED IN THIS ARTICLE
Colorado
Consolidated Caribou Silver Mines, Inc
Boris Pregel
Alexander Pregel
SEC
Henry Wallace
Immigration Department
Washington
House Un-American Affairs Committee
Russia
Wallace
Donald Nelson
Brois Pregel
Pregel
R. J. Reynolds, Jr
Nelson
Sears Roebuck
War Production Board
Charles FE. Wilson
General Electric
Wilson
Don Nelson
Security Quotations and Prospective Offering Details
The piece notes unofficial bid and asked prices from NASD sources dated 3/2/50 and warns the stock is not suitable for public sale. It highlights the Pregel brothers' holdings totaling 321,000 shares with Boris and Alexander shares, their cost basis, and a $1.25 public price. It questions the company’s lack of operating history and the prospectus claims.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers, Inc
Ecompany
Pregel
Profits Dip in 1949 Despite No Tax or Price Control
National City Bank of New York reports 1949 earnings across 2127 companies totaling 6.3 billion dollars, down 9 percent from 1948. Manufacturing profits fall in most groups while some sectors such as food chains and public utilities rise, with inflation easing and spring outlook favorable.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
National City Bank of New York
Lotoutos
Clothing prices in London soar for middle class in 1950
An International News Service survey of London retailers shows average middle-class men paying about 75 for clothing in 1938 prices, now costing nearly two and a half times as much. Women face similar rises with stockings, nylons, dresses, coats, and fur items dramatically more expensive.
MENTIONED IN THIS ARTICLE
London
INS
Provinces
Milady
Red Pilots in Middle East Report Alleges Ccominform Training Agents
Yugoslav anti communist sources claim Ccominform is training agitators and spies to penetrate Turkey and Turkish areas of the Middle East. They say centers operate from Bur gas Bulgaria near the Turkish border with Omar Szehu as head and hundreds employed, including Turkish refugees and Russian Kurds recently assigned.
MENTIONED IN THIS ARTICLE
Geneva
INS
Ccominform
Turkey
Middle East
Burgas
Omar Szehu
Moscow
Bulgaria
Closing Stock Quotations From Adams and Major Firms
A list of closing stock quotations across numerous companies and sectors. Includes percentages for Adams, Air Reduction, Alaska Juneau, Alleghany, Allied Chem & Dye, Allis Chalmers, Am Can, Am Car & Fdy, Am For Pow, Am Pow & Lt, Am Rad & St S, Am Smelt & Ref, AT&T, Am Tob, Anaconda, Armco, AT&SF, ACL, Atl Ref, Atlas Pow, Avco Mfg, Baldwin, B&O, Barnsdall, Bendix Aviation, Beth Steel, Boeing, Borden, Borg Warner, Briggs Mfg, Budd Co, Calumet & Hecla, Can Dry, Can Pac, Cannon Mills, Caterpillar, Ches & O, Chrysler, Coca Cola, Colum G&K, Com Credit, Consol Edison, Cont Can, Curtiss Wright, Davison Chemical, DuPont, Eastman Kodak, Firestone, Freeport Sulfur, Gen Motors, Gillette, Goodyear, Goodrich, General Electric, IBM, Kennecott, Kroger, Libby, Lockheed, Loews, Lorillard, Mack Truck, Mont Ward, Nash Kelvinator, Nat Biscuit, Nat Cash Reg, Nat Dairy Prod, Nat Dist, Nat Lead, NY Central, Otis Elevator, Pac G&E, Packard, Penn-Dixie, Pepsi Cola, Phillips Pet, Pitt Ser & B, Pullman, Radio, Rand, Reynolds, Sears, Socony Vacuum, Southern Pacific, Southern Railway, Sperry, Swift, Texaco, Tex Gulf Prod, Textron, Timken Det Ax, TransAmerica, Union Carbide, Union Pac, United Air Lines, United Fruit, US Steel, Vanadium, Westinghouse?
MENTIONED IN THIS ARTICLE
Adams
Avco
Baldwin
B&o
Barnsdall
Bendix
Caterpil Tr
Champ P&f
Ches & O
Chryster
Coca Cola
Colum G&k
Consol
Curt Wright
Curt
del Lack & W
Doug Aire
DuPont
Fastern
Eastman Roc
Firestone
Freeport Sul
Gen Klee
Cen Foods
Gillette
Glidden
Goodrich
Goodyear
Graham Paige
Gt Nor Ry
Slupp Corp
Til Cent
Int
Harvest
Nick Can
Tel & Tel
Johns Manville
Kennecott
Kroger Co
Libby O F Gl
Ligg & Myers
Lockheed
Loews
Lorillard
Louis & Nash
Mack
Mont Ward
Murray Corp
Nash Kelv
Nat Biscuit
Nat Cash
Aviat North Amer Nor Pac
Ohio
Pac G&e
Packard
Penney J C
Penn Dix
Penn RE
Peps! Cola
Phillips Pet
Pitt Ser & B
Pullman
Pure Ot
KK O Nem Rand
Repub
Stevens JP
Stewart Warner
Studebaker
Swift
Tex Co
Tex Gulf Prod
Tex Gulf Sal
Textron
Timken
Det Ax
TransAmerica
Trans & West Air
Union Carbide
Union Pac
United Aire
United Corp
United Fruit
Imp
US Pipe
US Rubber
US Smelt & Refay
Us Steel
Va Caro Chem
Vick Chem
Warner Pict
West Mary
Housing Officials Report Few Redevelopment Agencies
The national association of housing officials says fewer than 25 cities have separate redevelopment agencies under the 1949 housing act to administer slum clearance. About 70 percent of local redevelopment agencies are housing authorities, with concerns over administrative difficulties when merging roles. Minneapolis financed startup with 25,000 dollars and a special tax to fund clearance projects, repaid by later tax levies.
MENTIONED IN THIS ARTICLE
Chicago
INS
National Association of Housing Officials
Th Association
Housing and Home Finance Agency
Association
Minneapolis
Curb Market Becomes Jacksonville Unskilled Labor Spot
In Jacksonville Florida a curb market forms each morning at a street corner where many men gather with lunch boxes. A truck arrives with a shouted number and some men board, others wait, then the process repeats until jobs are filled or men disperse by mid morning.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Revival of Spring Garden Tours Expands Georgia Count
Atlanta reports a revived spring garden tour program across 14 Georgia cities running through March and April. The tours, suspended in 1941 by war, resume with gardens at peak beauty starting March 2 in Thomasville Rose Gardens, aiming to draw many visitors. Georgia seeks to match rivals in promoting homes and gardens, noting Alabama Natchez Garden Pilgrimage and Charleston Middleton Gardens as notable precedents.
MENTIONED IN THIS ARTICLE
Atlanta
Ins
Georgia
Dixie
Thomasville
States
Bellingrath Gardens
Alabama
Mississippi
Charleston
S. C
America
Judy Garland Offered 14000 Per Week for Palladium Show
Judy Garland has been offered fourteen thousand pounds weekly to perform at the Palladium in London next summer. The payment would be made in British pounds, with the contract seeking a summer engagement.
MENTIONED IN THIS ARTICLE
Hollywood
INS
Judy Garland
Palladium
London
Also Mentioned on This Page
Preger
Boris
Alexander
Acre al Alloys
Alabama Mis W.ccesceve
American Enka Corp
Amer LaFrance Foamite
American Marietta Co
American Trust Co
Atlanta Gas Lt Co
Auto Finance Co
Bank of Manhattan
Bassett Furn Industries
Bausch & Lamb Oo
Black Stralls & Bryson
Blue Bell, Inc
Rseeveses
Blue Ridge Ins Co
Shelb Tee Eee
Buffalo Belt Co
Butler’s, Inc Com
Butler's, Inc
Cannon Millis
Cerolina Min Tel Co
Car Pow & Lt Co
Dan Riv Mills
Ran Riv Mills
Pfd
Dixie Home Stores
Douglas & Lomason
Drexel Furn Co
Ecssccces
DuMont Labs Allen B
Dun & Bradstreet, Inc
Edison
Garfinckel, Julius & Co Inc
Garlock Packing Co
Gordon Foods, Inc
Hanes, P. HH. Knitting Co
Seeses Tear
Home Finance Co
Ween Home Insurance Co
Hotels Statler
Houston Olild Mail
International Cellucation
Irving Trust Co
Cook
Ivey, F. B.& Co
Jett Ltd Life Ins Co
Kellogg Co
Kingsport Press
Life & Cas Ins Co
Tenney
Long Bell Lumber Co
McBee Company Eeeere
Gs 'Maj Finance Co
Monumental Life Ins Co
Moore Handley Hdw
Mooresville Mills
Morganton Furn Co
Munising Wood Pdds Co
Peoples Savings Bank & Trust Co
Os Piedmnt & Northern
Textiles, Inc
Thiokol Corp
Tidewater Power Co
Towmotor Corp
Ll“ Sneer
United Transit
Ay Victor Products Corp
Wachovia Bnk & Trust Co
TR Warner & Swasey Co
West Point Mfg Co
Wilmington Savings & Trust Co
Tenner
Business Mirror
High Point Enterprise
Circulation Department
National Industrial Conference Board
Bureau of Labor Statistics
NICB
Ene. and
Otis Elev
Judy
Services
Night Depository
Trust Service
Member
Federal Deposit Insurance Corporation