Credit Ruling Spurs Stocks and Rent Bill Clears Senate
Wall Street surged as credit rulings allow 50 percent cash equity in securities while the Senate passes a 15 month rent control extension amid debate over landlords profits. The market saw fast trading and a lag in tape recording, with analysts noting short term gains and uncertain long term impact.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Federal Reserve Board
Guardian of
U. S. Steel
Republic Steel
General Motors
Chrysler
U. S. Rubber
Sears Roebuck
American Telephone
General Electric
Illinois Cental
Standard Oil
United Air Lines
Montgomery Ward
Reserve Board
U S Soldiers Sentenced in Prague Espionage Case
Two American soldiers, Lawrence R. Hill and George R. Jones, were convicted in Prague of spying and sentenced to 10 and 12 years. They wandered across the border in December and were held on charges of absence without leave. The U S embassy and Frankfurt army officials disputed the espionage charge, calling them AWOL and not spies.
MENTIONED IN THIS ARTICLE
Prague
Czechoslovakia
Germany
Alexander Jones
Hunter
Clarence Hill
Lawrence R. Hill
Jackson
Miss
George R. Jones
Owensboro
U. S
Jones
Frankfurt
U. S. Army
Army
Wisconsin PTA to hold 40th state convention in Green Bay
The Wisconsin Congress of Parents and Teachers will convene its 40th annual state convention in Green Bay on April 28 and 29.
MENTIONED IN THIS ARTICLE
Green Bay
Wis
Wisconsin Congress of Parents and Teachers
Mortgage Burned At Kenosha Masonic Rites
The 267000 mortgage on the Kenosha Masonic temple at 807 61st St was burned Monday night during a special meeting of Kenosha Lodge 47 F and A M. Walter J. Frost, former worshipful master, lit the mortgage with help from William F. Holt Norman H. Smith and other lodge officers as about 300 Masons observed. A smorgasbord followed and the event included remarks praising those who served the lodge and the temple association.
MENTIONED IN THIS ARTICLE
Evening News
Masonic Temple
Kenosha Lodge
A. M
Fred Clitheroe
Walter J. Frost
Norman H. Smith
Green Bay
Wisconsin
Harold P. Koldenberg
Arthur V. Beales
Kenosha
61St St
Kenosha Lodge 47
Masonic Temple Association
Lodge 47
William F. Holt
Masons
Clitheroe
Holt
Smith
Blue Lodge
Holz
State Department Blocks Tour by Reds Delegates
The State Department halted any tour of American cities by Soviet and satellite delegates to the World Peace conference. Embassies of Russia Czechoslovakia Poland and Yugoslavia were advised that these delegates are admitted only to attend the New York conference and should depart within a reasonable time after its conclusion.
MENTIONED IN THIS ARTICLE
Washington
State Department
New York
United States
Two USC Scientists Create Ultra Thin Tissue Slicer
Two USC physicians and professors Daniel C. Pease and Richard F. Baker built a home made 60 dollar attachment for a 400 dollar slicer to cut tissue into 500000 slices per inch. The device yields clearer electron microscope images of genes in fruit flies and may aid human gene study. Dr James Hillier of RCA helped adapt the technique.
MENTIONED IN THIS ARTICLE
Los Angeles
U.P
University of Southern California
USC
Daniel C. Pease
Richard F. Baker
School of Medicine
James Hillier
RCA Laboratories
Princeton
N. J
Kaiser-Frazer price cuts and executive shake-up announced
Kaiser-Frazer Corp cuts prices by 198 to 333 dollars on all models to spur sales amid steel acquisitions. Edgar F Kaiser rises to president while Joseph Frazer becomes vice chairman. Henry J Kaiser remains chairman. Five new models include Traveler Vagabond and Virginian with Traveler priced at 2088 dollars.
MENTIONED IN THIS ARTICLE
Detroit
U.P
Kaiser-Frazer Corporation
Edgar F. Kaiser
Henry J. Kaiser
Kaiser
Joseph W. Frazer
Edgar
W. A. MacDonald
O. B. Motter
New York
Kaiser-Frazer
Salem Hold Up Nets 25 Years
John G. Wenman of Kenosha was sentenced to 25 years in federal prison in Milwaukee after pleading guilty to two counts tied to the January 10 armed robbery of a Salem, Wisconsin post office. He faced charges of assaulting Postmaster Milton Radatz and looting $335, with additional warrants for a December 31, 1948 Wilmot tavern robbery. Wenman was captured January 19 in New Orleans and brought back to Milwaukee for sentencing.
MENTIONED IN THIS ARTICLE
John G. Wenman
Kenosha
Milwaukee
Salem
Wis
Wenman
R. Ryan Duffy
Milton Radatz
Wilmot
John Rausch
New Orleans
Wiley Advances Bill For Laboratory Site
Senator Wiley introduced legislation for a ten million dollar Army Quartermaster corps research laboratory to be built in Madison Wisconsin near the University of Wisconsin. He argued Madison offers greater advantages than proposed sites in Boston or Centre County Pennsylvania and would avoid eastern seaboard centralization. The plan cites proximity to university resources and local food industries as key benefits.
MENTIONED IN THIS ARTICLE
Washington
Wiley
R.-Wis
Army Quartermaster Corps
Madison
Wis
Boston
Centre County
Seaboard
University of Wisconsin
No Negligence Found in Oshkosh Driver Case
An Oshkosh coroner's jury returned a verdict finding no negligence by James Harmon age 16, the driver of the car that struck and killed eight year old Ervin Tesch.
MENTIONED IN THIS ARTICLE
Oshkosh
Wis
James Harmon
Ervin Tesch
Wisconsin Assembly Rebuffs Idea of a Little TVA
The Wisconsin Assembly defeated a constitutional amendment to create a small TVA like body to build hydro plants and manage water resources by a 62 to 32 vote. GOP leaders urged that state involvement in power was unnecessary as farms gain electricity from private utilities and rural co‑ops expand.
MENTIONED IN THIS ARTICLE
Madison
U.P
TVA
Wisconsin
State Assembly
GOP
Vernon Thomson
Richland Center
Thomson
George Molinaro
Kenosha
House Advances Flood Control Appropriation Bill
The House passed by voice vote a flood control and rivers and harbors appropriation bill totaling 593 million 292 thousand 270 dollars and sent it to the Senate. A second 536 million 211 thousand 908 dollar Interior Department funding bill was scheduled for later consideration.
MENTIONED IN THIS ARTICLE
Washington
U.P
House
Senate
Interior Department
28 Letters Left Out of Name Plenty Remain
Boston notes Senator Joseph A. Gibney laments that legislative documents omit 28 letters from the lake name in his home town. He quotes the full lake name Lake Chargoggagoggmanchauggagoggchaubunagungamaugg to illustrate the missing letters.
MENTIONED IN THIS ARTICLE
Boston
Joseph A. Gibney
D-Webster
Massachusetts
Gibney
Assembly Kills Election Change in Wisconsin
Madison Wis a plan to elect county and state officials every four years rather than two was defeated by one vote 44 to 43. The measure by Yeschek Lakdu Flambeau failed after amendments keeping sheriff elections and staggering assembly years. Governor Rennebohm had urged four year terms in January.
MENTIONED IN THIS ARTICLE
Madison
Wis
Yeschek
R.-Lak du Flambeau
Molinaro
D.kenosha
Rennebohm
More Steel for Russia Berlin
The Soviet Army Organ Taegliche Rundschau reports steel production in the Russian zone of Germany will rise to 110 percent of the 1938 level this year.
MENTIONED IN THIS ARTICLE
Berlin
Taegliche Rundschau
Germany
Circuit Judge Refuses Bond for Babich in Murder Case
Milwaukee Milton Babich, 19, remained jailed on a first degree murder charge in the death of his sister in law Patricia Birmingham after Circuit Judge Daniel Sullivan denied bond. Authorities cited Babich confession as basis for conviction and potential flight risks. Victor Babich said the family has received more than two dozen offers of support.
MENTIONED IN THIS ARTICLE
Milwaukee
Milton Babich
Daniel Sullivan
Arthur W. Richter
William McCauley
Babich
Patricia Birmingham
McCauley
Kathleen
Sullivan
Patricia
Victor Babich
Milton
Tank Truck Fatal Crash Kills Two Somers Firemen
Two Somers township volunteer firefighters died and two were injured yesterday when a 1000 gallon tank truck rolled over en route to a grass fire. Theodore Tabbert and Herbert Friedrich died from injuries. Fritz Heide and George Yunk were injured. Coroner Glerum cited a possible shift in water weight as a factor.
MENTIONED IN THIS ARTICLE
Evening News
Somers Township
Wood
Theodore Tabbert
Herbert Friedrich
Somers
Fritz Heide
Rt. 4
Hughes Rd
St. Catherine’s Hospital
George Yunk
Heide
Yunk
St. Catherine's Hospital
Jay B. Glerum
Tabbert
Friedrich
Somers Village
Wood Rd
Glerum
Sheriff's Department
Corbett Rd
William Thompson
James Marshall
Leland Chartier
Chartier
Dominic Mattioli
Joseph Voleska
Local CIO union officers suspended over pay dispute
Officers of a CIO United Farm Equipment Workers local at the John Deere Plow Works in Moline were suspended by district president John T. Watkins of Rock Island for allegedly being in the pay of the rival CIO United Auto Workers. The move comes as labor tension rises in Wisconsin and national education leaders are recognized with emeritus titles.
MENTIONED IN THIS ARTICLE
Moline, Lll
CIO
United Farm Equipment Workers Union
United Auto Workers
John T. Watkins
Rock Island
United Farm Equipment Workers
John Deere Plow Works
No Cut in Aid Funds Maintains Marshall Plan Size
Washington reports Senator Connally insists the 5.58 billion dollar European recovery bill will remain intact despite GOP efforts to trim it. Debate centers on rent controls and future votes, with Jenner warning against foreign policy risks and long term austerity.
MENTIONED IN THIS ARTICLE
Washington
Connally
D-Tex
Senate Foreign Relations Committee
House
Wherry
R-Neb
Senate
Britain
Jenner
R-Ind
United States
Also Mentioned on This Page
Bricker
Ohio
Senate-House
Conference Committee
Congress
Senate-House Committee
Reds
Frazer
Nets
Wiley Advances
Robert Lynch
Assembly
Gordon Bubolz
Appleton
Atty
Thomas E. Fairchild
Russia
Racine
Herman Tabbert
Winslow
14Th Cavalry
341 Field Artillery
Naples-Foggia
Rome-Arno
Naples
Callahan
John Callahan
Johnson
Louis Johnson
Armed Services
Navy
Air Force
Pentagon
Chicago
William G. Burns
Illinois American Legion
Dmitri Shostakovitch
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