December 1946 reflections on postwar economy and labor turmoil
The article reviews 1946 as a year of decisive moves and confusion in the American economy. It cites labor wage disputes, potential 1947 downturn fears, high demand backlog, abundant credit, and peak national income. It notes major strikes from General Motors to steel and coal, and the political battle over price controls and OPA reforms shaping the year ahead.
MENTIONED IN THIS ARTICLE
New York
Truman
CPA
General Motors
Western Electric
General Electric
Westinghouse
Electric
John S. Lewis
Congress
OPA
White House
House
Senate
Economic Turbulence Marks a Turbulent Year in Markets
A year of price volatility and policy shifts saw meat and dairy loosened from controls while inflation and uncertainty spread. Stocks hit 15 year highs in May then slid amid strikes and cotton futures surged before stabilizing. Major events included the World Bank IMF creation and a Britain loan, plus large bond issues by AT&T and rail rate increases amid antitrust actions against Pullman.
MENTIONED IN THIS ARTICLE
New Orleans
World Bank
International Monetary Fund
Congress
Great Britain
American Telephone and Telegraph Company
Pullman Company
Money Goes Begging for WWII Terminal Leave Claimants
In St Louis the army finance center warns $10,000,000 in terminal leave payments for veterans who died after discharge remain unclaimed. Eligible survivors include lawful spouses, children, parents, and grandparents in priority order. Only 10,845 claims filed though more than 200,000 next of kin may be eligible.
MENTIONED IN THIS ARTICLE
St. Louis
Army Finance Center
William Gritz
Gritz
Cotton Markets Signal Cautious Recovery in 1947
A brokerage note says cotton will rise gradually as the 1947 season unfolds with higher prices likely. Prices have rebounded about half October losses, aided by reduced speculative pressure and two consecutive short crops boosting demand. The Agriculture Department urges increased acreage from 18 million to 23 million acres to support supply.
MENTIONED IN THIS ARTICLE
Mae
Clinton P. Anderson
Farm Credit Administration
New Orleans
Louisiana
Mississippi
Alan
Shearson, Hammill and Co
Department of Agriculture
Shearson
Hammill
Marriages Licensed by Probate Judge Gray in Kansas
Saturday licenses issued in the office of Probate Judge Frank R. Gray list couples: Kate W. Schneider 28 and Nancy E Freeman 24 from Omaha. James A. Tugele 56 and Ethel Markley 51 from Lawrence. Eugene B. Conner 20 and Leta Mae Hodges 20 from Lawrence. Alvin L. Decker 20 and Leota G. Metzger 20 from Ozawkie. William Eugene Albertson 28 from Cowgill and Hazel Le Verne Benson from Phoenix. Ler Ray Essarlv 24 and Mary Ann Murbach 19 from Kansas City. Boston was regarded by the British as the most important object in the American revolution.
MENTIONED IN THIS ARTICLE
Frank R. Gray
Kate W. Schneider
Kearney
Neb
Nancy E Freeman
Omaha
James A. Tugele
Ethel Markley
Lawrence
Eugene B. Conner
Eldorado Springs
Leta Mae Hodges
Alvin L. Decker
Leota G. Metzger
Ozawkie
William Eugene Albertson
Cowgill. Mo
Hazel le Verne Benson
Phoenix
Ariz
Ler Ray Essarv
Mary Ann Murbach
Kansas City
Hogs Enter Politics As Agriculture Encounters Crisis
A Chicago era echoes wheat and hogs in politics amid a 1946 to 1947 agricultural outlook. Record crops loom while prices soar, with hogs and cattle fetching high quotes in Chicago markets. OPA price ceilings spark shortages and long lines as farmers face a volatile year.
MENTIONED IN THIS ARTICLE
Chicago
Congress
Agriculture Department
Downsane
OPA Ceil
Food and farm issues overshadow elections and finance
The fragment notes food factors in the November elections with Democrats losing Congress while wheat and hog prices push Republicans. It mentions farm wage rates peaking and a railroad treasurer election noted as Katy. It hints at retirement and succession in financial posts and signals growing classified-page interest from renters and buyers.
Also Mentioned on This Page
Lawes
Raw
Monty
Opt
America
Blanks Zwern
Anns
Europe
United States
Boston
West End
Indiana
Cooperatioe
Wilbur C. Pine
Zephyr
Merry Christmas
Zephyr Bakery
Pop
Hake
O- Bacbaqs Reitmener Elizabethws
Drake’s Bakery
American Service Company
Katy” Railroad Treasurer
Artery of
south-Kansas-Texas
Thomas R
St Louis
The
Hing
Hershey
Wesson Oil
Baker’s Cocoanut
Sunkist
Eagle Brand
Ellen
Pico
Hollum
Campbell
van Camp
Landrith
Masa
Mass
St. Lawrence
Kansas
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