Profits Down as Executives Report Mixed News
New York April 17 Earnings at major firms show profits down year over year while company leaders express optimism about long term demand and expansion. AT&T and General Electric report declines despite plans for large capital outlays. union Carbide and Morse Dial note ongoing weakness but predict full year gains.
MENTIONED IN THIS ARTICLE
New York
Doya
Mont
American Telephone & Telegrand Co
Jevet
Prantl Dant Cloo I
Gralganya
Adda
Renk
General Electric
Relph J. Cordinor
Salea
Union Cartide & Carbon Fel
U.S
H. E. Humophryes Jr
Tox
C.F. A. Johnson
Botany Mills
Alexander Smith
F.C. Ebingays
Louis
Cates
Phelps Dodge
D. W. Fraser
Sun Oil
Joseph N. Pow Jr
Diamond Arks
McCall, Magazing Publishers
Marvin Pierce
H. BE. Widdell
Arthur G. McKee Co
Contruction Engineers
Lifer Jim Smithwick Found Dead in Texas Cell
Former Jim Wella County deputy sheriff serving life for the 1948 shooting of radio man W. J. Mason in Allee, Tex., was found dead by hanging in his cell at Huntaville. A guard reported Smithwick tied to a towel, using a bed pulley, in a midnigh t incident. Mason, 61, was a veteran newspaper man and radio commentator killed July 20, 1948. Smithwick was convicted January 25, 1950, claiming self defense.
MENTIONED IN THIS ARTICLE
Huntaville
Tex
Imfom
Bmithwick
Jim Wella
W. J
Billy) Mason
Allee
Smithwick
Epi
Vopim
Magen
Alrica
Smithwick Wan
Parity program debated to continue for agricultural goods
A April 18 testimony before the Senate Agriculture Committee urged continuing the present parity price formula for wheat cotton corn rice peanuts and tobacco. Senator Young and Senator Russell introduced a bill to carry out the plan, proposing modernized parity would lower wheat 32 cents per bushel corn 16 cents and peanuts and cotton 2 cents per pound, while rice and tobacco might rise.
MENTIONED IN THIS ARTICLE
Washington
Young
GMD
Senate Agriculture Committee
Wyhill
Sen
Russell Ga
Political storms in both parties shift 1948 race
Washington figures see a volatile path for both parties as Truman declines to run, Stevenson spooks the Dems by avoiding the White House post, Kefauver rises as a strong challenger, and Eisenhower taints Taft for the Republican nomination. Delegates eye a potential two-man race but warn of a possible brokered convention.
MENTIONED IN THIS ARTICLE
Washington
Preadent Truman
Gov. Advit Stevenson Af iMnois
Airwenson
Truman
Stevenson
Sen. Keftover
Estes’ Kefauver
Gon
Eisenover
Ike
Sen
Taft
New Hampshire
Minnesota
Pennsylvania Avenue
Hisenhower
New Jersey
Cuachock
Phantom Tells Why He Shot Women
Los Angeles sheriff's deputies heard the gunman describe his motive for a spree of shootings. Charles Thomas, 29, a rail worker and father of two, claimed he felt a thrill when firing at women and had no rational reason for choosing victims. He admitted four other shootings and was jailed on suspicion of murder and attempted murder.
MENTIONED IN THIS ARTICLE
Los Angeles
Sheriff's Deputies
Charles Thomas
Los Nintos
Thomas
Nina Marie Rice
Joan Hiles
Ike Surprised by Light Vote in New Jersey Primary
Paris dispatch reports General Dwight D. Eisenhower reacting to a surprisingly light vote in the New Jersey presidential primary. He noted Taft supporters had expected over 4 million votes, as results from the Orly Airfield farewell event and related coverage mingle with the early election figures.
MENTIONED IN THIS ARTICLE
Paris
Dwight D. Eisenhower
New Jersey
Robert A. Taft
Orly Airfield
Also Mentioned on This Page
Ambray
Jorsey
Amy
Ies
Bose
GMG Ae A
Hope Trade Area
Hempstead Motor Co
GMC
South
Walnut
Wladivha Flour
aSsey
Lifer
Ri i
Phantom
Geoge
Quiens
Owens
Ut. 5
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