Industry Output Holds Steady Amid War Demand Boost
A week of strong production and investment across industries in New York sees record crude oil output, steel mills nearing capacity, and rising auto output. Labor frictions cause idle Sections and thousands laid off at New York Central. inflationary pressures noted as productivity surges and defense needs reshape supply chains. Stock market dips briefly after MacArthur news, then resumes gains.
MENTIONED IN THIS ARTICLE
New York Central Railroad
Westinghouse Electric Corporation
Sharon Pa
CIO Electrical Workers Union
Ozrers
Radia Ant
National Production Authority
NPA
New York
Fifth Avenue Coach Company
Long Island Railroad
Dun & Bradstreet
City Market Department
Jas Wemesley
Dun and Bradstreet
Gen. MacArthur
Weekly Stock Prices Earn More on Quarter Earnings Hype
Analysts say first quarter earnings from 22 major industrials rose sharply, totaling 25.57 dollars per share versus 16.67 a year prior, a 53.4 percent gain. Profit momentum hinges on no tax hikes and market stability, with Dow forecasts suggesting continued gains into year end.
MENTIONED IN THIS ARTICLE
Enme
Kong
Dow
Daily Press
Scientist Freed in A Quiz Silence by Woman Jurist
Washington April 14 judge Burnilal Shelton Matthews upheld De Clarence Hiskey free to remain silent during investigation of atomic spying. Hiskey, a former Polytechnic Institute of Brooklyn professor, refused to answer about his Communist ties and other questions before the House Un-American Activities Committee.
MENTIONED IN THIS ARTICLE
Washington
U. S
Burnilal Shelton Matthews
de Clarence Hiskey
Hiskey
Polytechnic Institute of Brooklyn
House onAmerican Activities Committee
Joseph Faer
unAmerican Activities Committee
Charles B. Murray
Kenneth May
Murray
Paul Crouch
Communist Party
theim-American
Tomimultee Hiskey
Delay in Signing on Schuman Plan
Paris April 14. Foreign ministers reported delays in signing the Schuman Plan to pool coal and steel among France West Germany Italy Belgium Luxembourg and the Netherlands. Belgium's Paul Van Zeeland cited problems from a four hour ministers' session and said signing next Tuesday is doubtful though he remains hopeful the issues can be resolved.
MENTIONED IN THIS ARTICLE
Paris
Schuman
France
West Germany
Laly
Belgium
Luxembourg
Netherlands
Wis
Paul van Zeeland
Sterday
Howe
Former Stantonite Moves to Seal Beach Home
Mr and Mrs Charles Stockan, née Jeanette Allen formerly Stanton, are making their home at 20572 Ocean Ave Seal Beach. Stockon is associated with his father C M Stockon who manages the Seal Beach pier.
MENTIONED IN THIS ARTICLE
Stanton
Charles Stockan
Jeanette Allen
Ocean Ave
Seal Brach
Stockon
M. Stockon
Seal Beach
Market outlook notes industrials near new highs
The analysis tracks a trading range around 246 to 261, with industrials reaching new highs amid peace and inventory fears. Volume spikes suggest upside momentum, while historical projections frame a possible year-end high near 275 to 285 if 260 to 270 holds, though conclusions remain premature.
MENTIONED IN THIS ARTICLE
Passiby
Industrials on brink of new highs as rails stall
From near term view the industrials have closed above 251.52 and trend looks decisively higher. If rails fail to rally in the next two weeks a significant selling pressure could emerge, signaling a possible important top formation ahead.
Grain Markets show slight rise in wholesale prices
NEW YORK April 14 Wholesale commodity prices measured by the AP index of 35 commodities reversed last week’s decline and rose slightly this week. The index stood at 210.05 versus 205.66 last week and 159.47 a year ago, with textiles, non-ferrous metals softening but gains in food, livestock and grains, and cotton helping the overall movement.
MENTIONED IN THIS ARTICLE
Uae
Bnt
Cern
Gerne Sauls
Ihe
Beresper
Guy Sen
New York
Associated Press
Eqn
Seereben
AGIAN
Markets at a Glance New Orleans April 14
Markets at a glance show stocks higher and bonds steady with cotton steady. Chicago business headlines indicate gains and trading quiet amid cautious sentiment. Oil prices steady while bond yields ease.
MENTIONED IN THIS ARTICLE
Chicago
Hansas
Armm
Eaay
Acteaxo
Rep. Martin Defends MacArthur Firing and Global Strategy
The speech denounces President Truman's dismissal of Gen. Douglas MacArthur as a dangerous appeasement of the Soviet Union and urges decisive, global leadership to prevent a third world war. It argues containment failed in Asia, warns against negotiating with Communists, and calls for strengthened US- Europe- Asia alliances and a new strategy to defeat world communism.
MENTIONED IN THIS ARTICLE
Ashington
A.P
Rep. Martin
R.-Mass
House
Douglas MacArthur
Truman
MacArthur
United States
Kremlin
Russia
Lion
Poland
Koshavielkt Romani
Bukravia
Thingury
Tilfnu- 4
Latvia
Estonia
Esystern Cormuniny
Soviet Union
South Korea
Formosa
Japan
Philippines
Indonesia
Indochina
Malayas
Pakistan
Thailand
Manelmria
Kina
North Korea
Tibet
China
Czechoslovakia
Romania
South Korra
Britain
France
Jen
Europe
Asia
Yalta
Deii Acheson
America
Gen
Marshall
Chi
38Th Parallel
Congress
United Nations
Korea
Kerpa
Washington
Gen. MacArthur
Red China
Kronlin
Lenin
Stalin
Communist Daily Worker
William Z. Foster
Communist Party
The
Daily Worker
Hitler
Abraham Lincoln
Lode
Wwe
Joseph Grew
Nelson Johnson
Stanley Hornbeck
Patrick J. Hurley
Euene Dooman
Joseph Ballentine
Dolphe Berle
William Bullitt Everett
Drumwright
Angusard
Deaa Acheson
Far East
State Department
Pentagon
82Nd
North Atlantic
Ridgway
Gen. Ridgway
Amer' Jean
Formac
French Indochina
Burma
Malaya
India
Italy Seeks Easier Peace Terms From Western Powers
Paris dispatch reports Italian foreign minister Carlo Sforza told the big three Western powers in Paris that Italy wants its peace terms capped. He sent letters to Paris London and Washington outlining Italy's mood but gave no specific requests. Diplomats note Italy cites armament restrictions as a key complaint under the 1947 peace treaty. The pact limits Italy to 250000 soldiers 200 tanks 350 aircraft and 25 000 air force personnel with naval tonnage and armament tightly defined. It also bars Italy from Franco Yugoslav frontiers and bans certain advanced weapons and experiments.
MENTIONED IN THIS ARTICLE
Paris
Carlo Sforza
Italy
London
Washington
Admits Burying Missing Wife but Denies Killing Her
In Santa Barbara on April 14 Paul Hetherington 50 said he buried his missing wife Betty Hemerington 52 after she vanished March 20 He claimed he bound the body and buried it beneath a chickenhouse at their home A drunkenness sentence preceded his confession and he was held for further county hospital investigation
MENTIONED IN THIS ARTICLE
Santa Barbara
Jed
Betty Hemerington
Jack Ross
Paul Hetherington
Hetherington
Ross
Josephine Beardslee
Sayville
N. Y
Oregon Solon Attacks Water Tap Plan Critique
Rep Norblad of Oregon charged Interior Secretary Chapman with failing to inform Congress about plans to divert Pacific Northwest river waters to California. He cited an off the record meeting with California lawmakers and noted plans to tap the Klamath River before it reaches the ocean, with possible future extension to Oregon’s Rogue and Umpqua rivers.
MENTIONED IN THIS ARTICLE
Washington
Norblad
R-Ore
Interior
Chapman
Oregon
Congress
Department
Pacific Northwest
California
Klamath River
Pacific Ocean
Rogue
Umpqua
Columbia River
Boys Pile Obstacles on Railroad Near Puente
Two boys aged 11 and 14 placed seven groups of rocks on a railroad near Puente California three miles west of town yesterday. Deputies saved an eastbound Union Pacific passenger from wreck by removing the obstructions about ten minutes before the train arrived. The youths confessed to placing the rocks and were turned over to juvenile authorities.
MENTIONED IN THIS ARTICLE
Los. Angeles
Puente
Union Pacific
Not a ready piece for headlines but a call to civic effort
The passage argues that policy success is judged by effective use of resources rather than sheer quantities. It urges every American to influence public opinion and engage with government, asking individuals to commit effort, focus, and faith to achieve shared goals.
Also Mentioned on This Page
By Richard Fiske
Trenel
Thurday
Diw-Tanes Industrials
Paul MH. Macgregor
F. Hotton & Commav
Treasury
Dow Industrials
Ry_H. de LA CHAPELLE rainee Webber
Jackson & Curtis
Anal
Apo
Fet Twerk Yeatog Aga Ago
Industrials Ieee
Tojo
Second Front
Gens
Marstall
Branjey
Collins
Vandenberg
Adm
Sherman
R. O. Richardson Jr
Kruger
Sutherland
Whitney
Chennault
Hodge
Wedemeyer
Struance
King
Halsey
Radford
Yarnell
Bogan
Denfeld
Marine Corps
Vandegrift
Cates
Edson
H. M. Smith
Solon
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