Peso Devaluation Sparks Rumors In Mexico City
In Mexico City on August 25 the peso devaluation stirred feverish talk around President Miguel Alemán and his associates. Rumors of violence and resignations circulated, but officials dismissed them. Aleman will present his annual report next week and is expected to address corruption and austerity measures.
MENTIONED IN THIS ARTICLE
Mexico City
Miguel Aleman
Aleman
Congress
Anasty
Agares
Bird Seen as Germ Carrier
In Tokyo, a swallow is suspected as the innocent carrier of the encephalitis germ blamed for 338 deaths and 2400 illnesses in Japan this year. Brig. Gen. Sams, head of Allied health, notes other wild fowl may be carriers but circumstantial evidence favors the swallow. Authorities foresee confirmation soon and discuss transmission by mosquitoes from birds to humans.
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Tokyo
Japan
F. Sams
Allied Headquarters’ Health and Welfare Section
Thepan
Living Costs Hit New Record High
Washington reports a new record high in consumer prices with June food costs for a three person family at about 21.68 dollars compared to 10 dollars in 1935 39. The price index rose 9.7 percent from a year earlier and 3 03 times the June 1946 level. Meat and foods drove the rise while the farmer’s share stood at 51 percent of the 705 dollar annual market basket.
MENTIONED IN THIS ARTICLE
Washington
General Motors
Bureau of Labor Statistics
Gothing
Flouse Furnishings
Agriculture Department
GM Hikes Pay Due to HCL for GM Workers
Detroit August 25 United Press reports GM increases hourly pay for 285 005 General Motors workers starting September 1 due to rising living costs as the Bureau of Labor Statistics index hits a new high. The contract ties a 1 cent per 11 cent rise from 169 3 base, with salaried staff receiving 25 dollar cost of living adjustments in September and additional sums through December 1. Wages are set to adjust again December 7 based on the next BLS index, with a maximum 5 cent cut during the contract. overall GM auto production wages rise to about 1 64 per hour.
MENTIONED IN THIS ARTICLE
Detroit
Neral Motors Corporation
Bureau of Labor Statistics
Labor Department
Itt
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