Auto Giants Refuse to Delay 1951 Price Boosts
Ford and General Motors rejected government pleas to suspend their announced price increases for 1951 models. Henry Ford II said rising costs since the Korean War and material shortages drive the boosts, while GM President C E Wilson called the request impractical. Packard will hold increases until after a December 13 meeting in Washington.
MENTIONED IN THIS ARTICLE
Detroit
Ford
General Motors
Economic Stabilization Board
Henry Ford II
Ford Motor Co
ESA
Alan Valentine
National Production Authority
C. E. Wilson
Valentine
Dee. 13
Washington
Packard Motor Car Co
Chevrolet
Packard
Kaiser
Expansion Plans For Recreation Center Revealed
Plans for enlarging the California Ave Recreation Center include expanding the building and recreation area by next spring. Councilman Ray Kealer cited City Mer. Sam Vickers on the project, with a current budget of 30,000 and possible land acquisition up to 5,000 under regulations. Work to begin after the new year targets kitchen facilities and larger gathering space, noting the center currently lacks a lawn.
MENTIONED IN THIS ARTICLE
California Ave. Recreation Center
California Ave
New York St
Ray Kealer
Sam Vickers
Kealer
Auto Firms Raise Prices Amid Rising Costs
Frazer Nash Hudson Studebaker and Willys Overland boosted prices to offset higher labor and material costs, signaling a broader trend in the auto sector.
MENTIONED IN THIS ARTICLE
Frazer, Nash, Hudson, Studebaker
Willys-Overland
U.S. Rules Out Immediate Wage and Price Controls
Washington reports that the administration declined to impose instant price wage controls, favoring a voluntary program. DiSalle said controls are being planned but not imminent, stressing self discipline and potential mandatory steps if the voluntary plan fails. Baruch urged immediate curbs, warning against profiteering as war mobilization follows.
MENTIONED IN THIS ARTICLE
Washington
Dec
Bernard Baruch
Michael DiSalle
Toledo
Iie
Baruch
Senate Banking Committee
Maybank
D-S. C
New York
Truman
DiSalle
Alan Valentine
Wage Board
Cyrus S. Ching
Also Mentioned on This Page
Ocean Hotel
Huntington Terrace
East Ocean
Virginia
U.S
L. B
Dorothy Gray i
Dumbell
Frice
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