Profit rebound boosts 1950 corporate earnings before tax cuts
New York August reports show 450 corporations earned 43 percent more in Q2 1950 than a year earlier, with six month totals rising 24 percent from 1949. The 1950 gains reflect prewar Korea and relief from strikes, yet higher taxes and costs could trim 1951 profits. Major groups boosted earnings, notably steel, aircraft, chemicals, pulp and paper, and metals fabrication.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Defense
Jaycees to Run Beauty Contest and Concessions at 4-H Fair Horse Show
Lawrence Junior Chamber of Commerce will handle reserved seat sales, the beauty queen contest, and concessions for the Douglas county 4-H and Vocational Fair horse show at HasKall Institute. The event runs August 25 26 and 27 with the Jaycees and Hillton Riding club as sponsors. Reserved blocks of 18 seats cost 10 with six chairs per night. The Queen will be crowned August 27 and represents Lawrence in the American Royal Queen contest in Kansas City. Two chess in waiting will be named. A local talent night is added for Friday. An unrelated warm weather Chef's Salad lunch suggestion follows.
MENTIONED IN THIS ARTICLE
Lawrence Junior Chamber of Commerce
Douglas County
Has- Kall Institute
Jaycees
Hillton Riding Club
Ohn Crown
Crown
Lawrence
Kansas City
Pot Luck on Trees Stirs Delhi Legend to Present Day
In Delhi pot luck tradition tied to a Moslem saint 750 years dead continues to attract crowds and bets. Legend credits Sheikh Syed Ali Bakr Rahim Tusi Wahidri Wakala Shah with guiding Muhammad of Ghur to Delhi’s throne in 1192 after blessing mud pots. Modern observers note pot displays on tree branches or near tombs draw attention and draw bets. Meanwhile in Lawrence Kansas readers see economic notes and a city report, and in Detroit a former Postmaster General James A. Farley learns of a newborn grandson weighing seven pounds three ounces via Caesarean birth at Jennings Memorial hospital with mother doing well.
MENTIONED IN THIS ARTICLE
Lawrence
Kaness
Lawrence Daily Journal-World
Royal Fort
New Delhi
Delhi
Syed Ali Bakr Rahim Tusi Wahidri Wakala Shah
Muhammad of
Ghur
Detroit
James A. Farley
Farley
Edward J. Hickey III
Ann Farley
Weapons aid to friendly nations tops wartime deliveries
Nearly 200000 tons of American weapons and military supplies were sent to eight key NATO countries in the past five months with total funds from Congress earmarked for foreign arms programs. France received the largest share as strategy focuses on strengthening Western infantry capacity. About 300 B 29s and 13500 tons of destroyer sized naval craft have also been shipped, mostly from surplus stock. President Truman asked Congress for another 4900 million for arming non communist nations as the North Atlantic area remains a top priority.
MENTIONED IN THIS ARTICLE
Washington
Congress
Truman
Britain
France
Belgium
Netherlands
Luxembourg
Italy
Denmark
Norway
North Atlantic
Iran
Greece
Philippines
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ITO
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England
Iris B. Chapel
Rudolph Desart
John KE. Chapel
Chapel
Hilda Peterson
Elaine Keltner
Landrith
California
Elherta's
Libby
Salmon
Canadian Coast Line
Sunshine Graham Crackers Pork & Beans
van Camps
Hershey’s
Mary
IGA
Ns. Sme
Tour
NCY
RTE
R. Boc
Rimeo
Swift
Scotties
Park Place
Birdleyf
Landrith's
Oleo
APPLE
Oregon
Pascal Celery
Theti
New Wonder Soap
Ion Alen
Dar
Watt
Elay O.rite
Flemings Mountain
Lk. Tin
M. Mac Lh
Texas
Suger
Lincoln Lawrence Kansas
Mle
Lawrence Sanitary
Qi. Cin
Mrs. Farmer
Jimmy Cole
Journal-World
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