Stock market upswing faces inflation and tax watch
New York reports ongoing bulls versus bears over inflation and taxation. Analysts cite high earnings, rising dividends, defense spending, and strong employment as factors supporting a long bull run despite fears of excess profits tax and government controls. Some worry curbs on installment buying and war-related inflation could alter demand and profits. In Philadelphia, a federal probe expands into rackets across nine eastern Pennsylvania counties with a grand jury to hear witnesses.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Bears
Congress
Alrready
Philadelphia
U. S. Department of Justice
Pennsylvania
Max H. Goldschein
Justice Department
Ace
Federal Bureau of Investigation
Alcohol Tax Unit
Bureau of Internal Revenue
Goldgehein
George Hrodbeck
U.S. District Court
Internal Revenue
United States
Goldstein
Federal Grand Jury
U. S
J. Cullen Ganey
Chicago
Kansas City
San Francisco
Miami
Newark
N.J
Flares to aid survey draw skeptical war-time fears
The Southwestern Power Administration plans phosphorous flares from kites to mark radio relay towers along a survey route from Norfolk Arkansas to Denison Texas. Officials insist the glowing displays pose no danger to people or forests and aim to calm fears of a wartime invasion scare. The report also notes a D A V push to extend World War I benefits to current service members and align all veterans benefits with those of World War II.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Arkansas
Oklahoma
Southwestern Power Administration
Mars
Spa
Norfolk
Denison
Red River
Texas
Douglas
National Guard
Wright
Washington
Congress
D.A.V
Polio Cases Rise For Sixteenth Straight Week
The Public Health Service reports 1,745 new polio cases last week, a 7.3 percent increase from the prior week and the sixteenth consecutive weekly rise. The cumulative total since March reaches 14,099 versus 25,525 at the same stage last year, with last year the worst on record.
MENTIONED IN THIS ARTICLE
Washington
Public Health Service
Keefauver Probe Heads City Investigation in Philadelphia
Goldschein quietly gathered in formation the probe is independent of the investigation in Philadelphia by the Senate Special Committee to investigate organized crime headed by Sen. Estes Kefauver.
MENTIONED IN THIS ARTICLE
Goldschein
Justice Department
Philadelphia
Senate Sperial Committee
Sen. Estes Kefauver
D.-Tenn
4 H Ba Spit of Wells Sunflower Club Tour
The 4 H Ba Spit of Wells Sunflower club will meet Saturday at 9 o clock at the Hiverside school to accompany James Koch of the Douglas county health department on a tour of wells and water testing after a lecture by the sanitarien.
MENTIONED IN THIS ARTICLE
Sunflower
Hiverside School
James Koch
Douglas County Health Department
Sanitarien
Red General Wounded Was Top Official in the Chinese Army
Taipei Formosa Sept. 14 A Nationalist China defense ministry report says Gen Hsiao Ching Kuan a trusted Mao aide was fatally wounded during a U S air raid while visiting North Korean front lines He died after being taken to Peiping Described as a combat general and former capital garrison commander The report did not state his exact duties in Korea
MENTIONED IN THIS ARTICLE
Taepei
Formosa
China
Defense Ministry
U. S
Hsiao Ching- Kuan
Red
Mao Tze-Tung
Peiping
Hsiao
Heri
Died Aboard a Plane Near El Paso
A 54-year-old New Orleans man, Simon Klein, died on an American Airlines flight en route to El Paso. Passengers said attendants gave Klein oxygen during the trip and he appeared in good condition before his death.
MENTIONED IN THIS ARTICLE
el Paso
Tex
New Orleans
Simon Klein
American Airlines
Klein
Palliative Relief Remedy Marketed By Thornton and Minor
A doctor’s formula offers quick relief for piles with a preparation named Thornton and Minor Qintment or Rectal Suppositories. It is said to soften and shrink swelling and relieve pain itch and irritation. Follow label directions and buy at drug stores.
MENTIONED IN THIS ARTICLE
Thornton & Minor
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