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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Dec 27, 1950
Page
3
Analysts report that disposable personal income is set to reach a record 204.7 billion dollars next year as defense production boosts the economy. Higher pay and fewer goods to buy are expected to drive increased spending after taxes. The SEC notes shifts toward corporate securities and away from government securities.
Salvation Army and local citizens provided Christmas dinners and gift boxes to hundreds. About 350 people from 120 families received meals, 200 inmates received candy, and 144 dolls went to girls and to St. Michaels Orphanage. The drive raised roughly $1100 through kettles and checks.
Britannica reports about 95 percent of the U S population is served by electricians as the country relies on electrical services for daily life. It notes the widespread reach of electrical infrastructure and professional coverage across regions.
Chicago report shows furniture shipments in the first ten months of 1950 up eight percent over 1948. Industry leaders predict solid demand and a robust 1951, aided by stockpiled inventories and strong orders for the winter home furnishings market from January 8 to 19 at the American Furniture Mart and the Merchandise Mart.
British and American service personnel conduct air desert rescue drills in Tripoli, northern Africa. White panels mark a simulated plane crash while RAF and USAF aircraft search the area. Two ground teams with light and heavy vehicles coordinate from Castel Benito airfield with support from Wheelus Field.
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