IMF warns Western Europe on inflation tied to spending
The International Monetary Fund directors warned that inflation could rise in Western Europe unless reconstruction spending is cut. In a seven page report read at the board meeting, fund governors from 49 countries urged wage restraint to protect American markets, claiming government expenditures worsen inflation and debt. The report noted depreciation targets and currency stability as crucial for Europe to pay imports, while European goods faced new price pressures.
MENTIONED IN THIS ARTICLE
Carl
Hartman Aris
Eyp
International: Monetary
Europe
International
Gvernors
Intornational Bank For Reconstruction and Development
Coram Gn
West
America
Tibet
Playoff Little Rock Marathon Teams Reach Semis
In Little Rock on Sept seven the Minor League marathon state Amateur base ball tournament advanced to the semi finals with Little Rock and Mel bourne recording victories. Halil defeated Malvern ten to two and Mel bourne edged Bret Brinkley six to one. The semi final lineup will be completed tonight with defending champion Curtis Millers facing Bennett while Cabot meets Spann 880.
MENTIONED IN THIS ARTICLE
Little Rock
Melbourne
Halil
Malvern
Bret Brinkley
Curtis Millers
Bennnett
Cabot
Yankees Lead Narrowed in pennant chase as Red Sox rout Lopat
New York’s lead in the AL pennant race shrank to a half game after Boston's 11 2 rout of the Yankees in Fenway Park. Lefty Lopat was knocked out in the second inning as Hal Newhouser and Detroit beat Cleveland 5 4. Vern Stephens homered for Boston while Mel Parnell improved to 14th win with eight hitting support.
MENTIONED IN THIS ARTICLE
Jasey Stengel
Fenway Park
New York Yankees
Yankees
Palt
Boston Red ‘Sox
Casey
Ed Lopat
Hed Sox
Hal Newhieuser
Detroit
Sox
Lopat
Yanks
Detroit Tigers
Newhouser
Cleveland Indians
Stengel
Allie Reynolds
Elis Kinder
Mel Parnell
Parnell
Vern Stephens
Boston
Yankees Beat Red Sox In 5 2 Win Narrow Lead
A year ago the New York Yankees defeated Boston 5 to 2 extending their lead over the Red Sox to two and a half games. Also noted was Sammy Snead winning the Dallas Open five years ago.
MENTIONED IN THIS ARTICLE
Sports Mirror
Associated Press Today
New York Yankees
Boston
Aga
Bobby Riggs
Ted Schroeder
Detroit Tigers
Philadelphia
Murfreesboro comeback clinches 3-2 win in ninth
In a Southwestern Arkansas League playoff twist Murfreesboro ties the series at 1-1 as Marty Filigamo belts a two out two run homer in the bottom of the ninth off Hope reliever to beat the Legionnaires 3-2. Jack Crawley picks up the win with four strikeouts and Beasley White drive in two late runs.
MENTIONED IN THIS ARTICLE
Marty Filigamo
Jack Bell
Marty Fillgame
Fillgame
Crawley
Hase
Legion
Jack Crawley
Sox
Jack
Inj Hope
Dennis Ross
Ross
Muffeesboro
Hope
Ridling
Delwin Ross
Gun
Gordon Beasley
Leroy Ridling
Buddy White
Beasley
Legionnaires
Rilges
RBI
J. Crawley
So- Crawley
Dp- Wells
Jones
Wells
Gilson Ross
U-Crawford
Hope Water and Electric Revenue Bonds Sale Notice
City of Hope Arkansas will offer 60000 in water and electric revenue bonds on September 19 1950 at City Hall Council Room for financing waterworks and electric system improvements. Bonds bear 24 percent annual interest, payable semi annually. mature in serial installments through 1967 1958 1960 and other years. Bonds sold at or above par plus accrued interest with bid security and possible pre issuance rate conversion under Universal Bond Medal law. Revenue pledges, priority lien on system revenues, and seniorities to prior bonds noted. Sealed bids due by 7 30 p m with contract award to best compliant bid. certified check 3500 payable to liquidated damages.
MENTIONED IN THIS ARTICLE
City of
Hope
Arkansas
City of Hope
Hope Water & Electric
Shell
WiNeas
Sawdust to Topsoil Could Boost Garden Yields
Dr Edward Farber proposes chemically treating sawdust to create humus like soil additives that enrich nutrients and improve germination. Early tests show bigger greener leaves and heavier harvests for radishes beets onions and tomatoes. The process uses acids and high temperatures to convert sawdust into a soil enhancing product amid vast lumber byproduct stockpiles.
MENTIONED IN THIS ARTICLE
Alton L. Blakeslee
Chicago
Edward Farber
Washington, D. C
American Chemical Society
Farber
Timber Engineering Co
Ferber
Dewey May Aid Foreign Policy Fight
Washington reports the expected renomination of Gov. Thomas E. Dewey by New York Republicans will sharpen attacks on President Truman's foreign policy. Dewey may focus on international issues, while rival Rep. Walter A. Lynch backs the fair deal. Democrats anticipate Senator H. Lehman’s renomination and a Joe R. Hanley challenge.
MENTIONED IN THIS ARTICLE
Washington
Thomas E. Dewey
New York
Truman
Dewey
Albany
Walter A. Lynch
Herbert “H. Leh
D-Lib-Ny
Joe R. Hanley
Korea
Far East
J Dewey
Irving Ives
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