Expansion Up 18 Percent In Plant Spending
New York reports show total outlays for plant and equipment in the next three months will rise 18 percent from early 1951. First quarter 1952 expansion may reach nearly 5 billion dollars, led by defense industries, with non-durable goods firms boosting capex about 20 percent. A potential steel strike and wage threats could dampen plans. Retail trade strengthens in some sectors yet department store sales lag, while chain and apparel stores rise. Industrial production appears to weaken before defense demand lifts it again. Mutual Savings Banks paid out 140 million in Christmas club funds in November deposits rose 126 million.
MENTIONED IN THIS ARTICLE
New York
Securities and Exchange Commission
Department of Commerce
John L. Lewis
Dun & Bradstreet
Federal Reserve Board
National Association of Mutual Savings Banks
Mutual Savings Banks
Seventy One Sailors Get Free Plane Ride Home
Seventy one sailors from the carrier Bon Homme Richard will spend Christmas with relatives in the East. They were flown from Los Angeles to Newark aboard a Lockheed Constellation, arranged by Captain Cecil Gill and Lockheed Aircraft with Eastern Air Lines.
MENTIONED IN THIS ARTICLE
Los Angeles
Bon Homme Richard
Air Line
Lockheed Aircraft
Eastern Air Lines
L. Suligowski
Aviation
New York
Child’s Body Found After Vanishing in Massachusetts
The body of three year old Michael Walsh, who vanished a week ago with a Santa Claus picture, was found Friday in a pond near his home. Police and volunteers had been searching since last Friday night.
MENTIONED IN THIS ARTICLE
Blackstone
Mass
Michael Walsh
Santa Claus
Sigma Delta Chi Defends Resolution on Information Policy
The Chicago based Sigma Delta Chi rejects President Truman's information withholding order as a threat to press freedom. In reply to Joseph M. Short's critique, executive director Victor E Bluehorn reiterates the group’s stance that the executive order endangers national security and must be rescinded.
MENTIONED IN THIS ARTICLE
Chicago
U—A
Sigma Delta Chi
Truman
Joseph M. Short
Detroit
Victor E. Bluehorn
Short
Elderly Couple Die in Four-Story Fire in New Jersey
A northeast New Jersey fire killed an elderly couple on the top floor of a four story brick building. Fire swept through twenty eight families requiring general alarm response. Frank McCann about 70 and his wife about 60 were found in the bathroom suffocated. A third floor resident reported a dull blast at 2 20 a m and saw flames rising above her window.
MENTIONED IN THIS ARTICLE
New York
N. J
Frank McCann
State Traffic Deaths Nearing the 600 Mark
Kansas traffic fatalities in 1951 totaled 558 by December 20, 1951. The State Highway Commission reported 60 more deaths this year than the same period in 1950, with 3,500 nationwide deaths in December 1950 noted by the National Safety Council as the deadliest month for traffic accidents.
MENTIONED IN THIS ARTICLE
Kansas
State Highway Commission
National Safety Council
Lights and Water Restored in Milan Missouri After Outage
Milan Missouri 2 000 residents had utilities reconnected early today after 23 hours without power and heat in subfreezing weather. Crews linked to North Central Missouri Electric Cooperative near midnight via a line a quarter mile from the city. A former Edwardsville mayor Franklin C Cap Tyson died aged 84 at his home on December 22 partnered with Mary Tyson as their 60th anniversary nears.
MENTIONED IN THIS ARTICLE
Milan
North Central Missouri Electric Cooperative
Edwardsville
Kan
Franklin C
Cap) Tyson
Tyson
Mary Tyson
Presence of Santa Spreads Across U S During Holidays
The Associated Press reports Santa appears at the White House, courts, and bases, symbolizing joy and sorrow amid Korea conflict. At Pope AFB North Carolina 1000 orphans celebrate a major Christmas party. A New Jersey judge frees a teen thief before Christmas. Santa aids a disabled boy in New Jersey and helps reunite wounded Korean War veterans in San Francisco.
MENTIONED IN THIS ARTICLE
Associated Press
Santa Claus
White House
Korea
Pope Air Force Base
N. C
Santa
Ninth Air Force
North Carolina
Washington
Truman
J. Howeard McGrath
New York City
Samuel H. Kaufman
Encil Benbaats
Homestead
Search Proves Report Of Missing Plane False
A false report of a big plane crash near Tehachapi Mountains led to a full air search by planes from March Air Base and Los Angeles Kern counties. No wreckage or missing aircraft were found, and authorities questioned the report’s source.
MENTIONED IN THIS ARTICLE
Newhall
Calif
Tehachapi Mountains
Here
Frazier Mountain
Los Angeles
Ventura
Kern
Corporal Killed Testing Sentry at Danish Barracks
Copenhagen reports a corporal was killed by a sentry at Oesterbro army barracks while testing the sentry’s efficiency. Cpl H Christian Jessen attracted suspicion, ran from the guard, and was fatally shot at 60 yards after warnings. An army spokesman said charges against the sentry are extremely improbable. Falcon Island in the South Pacific is explained as intermittent submarine volcanic eruptions.
MENTIONED IN THIS ARTICLE
Copenhagen
Denmark
Oesterbro Army Barracks
H. Christian Jessen
Jessen
Army
Falcon Island
South Pacific
Also Mentioned on This Page
Crimp
Firestone
Fritz
Fallh
SDO
Rudolph the Red Nosed Reindeer
Ihs
Robert L. May
Trrough Rem
U.S
Vito Stamata
Ralph Marimario
Hasbrouck Heights
Stamata
Lodi
Ralph
Saint Nick
Wth
Keesler Air Force Base
Mississippi
Kris Kringle
San Francisco
Midwest
San Francisco News and Letterman Hospital
Elizabeth
Theodore Roosevelt
Vincent R. Impellitteri
Lawrence
The
Journal-World
Adv
Bouncers
Guffoane
coonsVean
Goodyear
East
Decker-Coy
Warren Decker
Bud Coy
Arcistmas Gqeestings
B.F. Goodrich
Satacs
Refrigerators
Ray Stoneback
Mgr
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