Truman outlines austerity to fuel defense push
New York hoped to absorb a tough shift as President Truman’s economic report warned of sacrifices ahead. Manufacturing, profits, and wages face restraint while production and productivity rise. Electric capacity must grow, inflation looms, and taxes rise.
MENTIONED IN THIS ARTICLE
New. .York
Truman
Edison Electric Institute
Trade Organization of
Federal Reserve Board
Australia
New England
Department of Agriculture
Washington
Trusnan
New York Stock Exchange
Wall Street
House
Martin
Massachusetts
Congress
Trend in Stock Prices and New EPT Insights
The analysis outlines a week of stock movements with a brief Dow setback and a rebound, then projects a possible 250 to 255 level. It discusses the excess profits tax law, predicting relief provisions and base earnings, and notes capacity expansion driving long term corporate earnings, with examples of pre and post tax per share outcomes.
MENTIONED IN THIS ARTICLE
Dow
Tosk
E. PT. Basa
Billion figures and market outlook from 1940s analysis
Analyst notes compare 1942 44 spending patterns to later years, citing appropriations and actual outlays. Inflation psychology rising as spending ahead looms, with a playful exploration of what a billion dollars means in height, time, and distance. Market outlook sees a resilient rally but warns of possible distribution and consolidation between 239 and 246, eyeing 250 if surpassed.
Joint Installation of Officers Tonight in Houghton Park
Local briefs report a joint installation of new officers for Pong Beach Lodge 390 and Oasis Lodge 447 in Houghton Park club district. Deputy Grand Master Harvey Clark of San Pears is to officiate with District 98 handling installing duties.
MENTIONED IN THIS ARTICLE
Pong Beach Lage
Oasis Ledge
C. F
Houghton Park Club
Grand Peaseter Harvey Clark
San Pe
Taft Defends Cease Fire Plan Amid Korea Debate
The United Nations command faces strong opposition as Taft challenges appeasement plans. Senate action in North Dakota urged withdrawal from Korea while Truman rejects draws to UN forces. Rep Poage proposes enlisting 2,000,000 aliens and Knowland warns the plan risks Formosa. Hoover cites editorial support for a Western Hemisphere Gibraltar defense.
MENTIONED IN THIS ARTICLE
United Nations Command
Korea
Asiatic
Gross
Joint Chiefs of Staff
House Foreign Affairs Committee
Bismarck
N. D
North Dakota Senate
Congress
Truman
U. N
MacArthur
Rep. Poulson
R.calif
United Nations
Poage
Texas
America
Sen
Knowland
R-Calif
Formosa
Herbert Hoover
Hoover
Hemisphere
Western Europe
Boys 19 and 15 Arrested as Car Burglars Here
Police booked a 19 year old Compton youth, James Louis Vertrees, on burglary and robbery charges after they found him and a 14 year old companion in a downtown alley at 1 30 a m. The younger boy carried a 12 inch iron bar and admitted entering several cars, stealing an electric motor and a leather jacket. The older youth was held at 12448 S Central Ave, Compton.
MENTIONED IN THIS ARTICLE
Compton
James Louis Vertrees
S. Central Ave
Compter
Vertrees
Motorist Jailed After Collision With Police Cycle
Chester L Hoggarty 43 of 1373 Lewis Ave was jailed on drunken driving charges after his car collided with Police Officer Raymond J Rankin s motorcycle on Wilmington Ave Compton Rankin 39 of 27168 N Chester Ave suffered a broken right foot and was taken to Las Campanas Hospital Rankin previously endured a serious past injury and had been hospitalized six months
MENTIONED IN THIS ARTICLE
Chester L.hoggarty
Lewis Ave
Compton
Raymond J. Rankin
Chester Ave
Rankin
Poller
Hoggarty
Wilmington Ave
Las Campanas Hospital
Authorities Guard Against Flu in U S
Health authorities in New York intensified health checks for arriving passengers to prevent a European influenza epidemic from spreading to America by air. They minimized shipborne risk and cited a 24 to 72 hour incubation period allowing discovery at sea.
MENTIONED IN THIS ARTICLE
New York
Europe
America
Two Firemen Die as Church Roof Collapses in Alabama
In Montgomery on January 13 two firemen were killed when the Trinity Presbyterian Church roof collapsed trapping them in flames. Their bodies were recovered hours later from the burned one story brick building which sustained about 150000 dollars in damage.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Trinity Presbyterian Church
Oil Field News From Ventura and Wilmington Areas
Doheny reports the Patrick A Do wildcat at 10 910 feet yields 839 barrels of 32 gravity oil. Another well near Anaheim pumps about 100 barrels daily, with low gravity oil. Shell completes products line from Wilmington refinery to Los Angeles bulk plant. General Petroleum completes Community No 2 at Wilmington with 17 5 barrels daily. G P drilling at Santa Fe Springs No 20 after redrill. Pacific Coast rig activity declines. Hellman Estates No 43 at Seal Beach uses water shutoff casing at 8660 feet.
MENTIONED IN THIS ARTICLE
Ventura Ave
Patrick A. Do
Theny Holsinger No
Lwell
Anaheim
Discovery Hole
Shell of
Wilmington
Los Angeles
Long Beach Ave
General Petroleum
P. E
Santa Fe Springs
G. P
Hellman Estates No. 43
Seal Beach
Wheelchair Student Named Long Beach City College ASB President
Wallace Frost, a wheelchair student at Long Beach City College, was elected Associated Student Body president for the spring semester on the Lakewood campus. The election gave the campus factions a four to three ASB victory for the Collegiate party over the ICC party, with other offices going to Criffiths, Riggs, Leyhe, Leroux, Pettis, and Armour. Victorious Associated Women Students and Associated Men Students officers were announced, with Will take over posts Feb 5. Retiring presidents were Mason Kight, Betsy Buffalo, and Gerald Easton.
MENTIONED IN THIS ARTICLE
Wallace Frost
Obispo’ AG
Long Beach City College
Hell
Lakewood
Frost
City College
Veterans Hospital
Flying Wheels
ICC Party
Independent Party
Fast
Robert Criffiths
Jean Riggs
Midge Leyhe
Mary Leroux
Bill Pettis
Gordon Armour
Associated Women Students
Marilyn Mulholland
Pat Lockwood
Daeneene Paulson
Shirley Weir
Jean Allan
Keith King
Motorist Injured in Lakewood Collision
Two people sustained injuries when vehicles collided at Lakewood Blvd and Harvey Way. Mrs Laura L Walker 66 of 2051 Orange Ave suffered serious injuries and Elton E Ward 20 of 3042 Cadel Ave received minor injuries. Both treated at Community Hospital.
MENTIONED IN THIS ARTICLE
Lakewood Blvd
Harvey Way
California Highway Patrol
Laura L. Walker
Orange Ave
Etton E. Ward
Cade l’ Ave
Killer Hunted in Hill Areas
FBI agents continued desert and mountain tracking for William Bill Cook, a 22 year old ex convict suspected of killing at least eight people. A reward of 500 dollars was offered for finding Cook or the missing prospectors Forrest Damron and James Burke. The hunt spanned California’s Imperial Valley and areas across Oklahoma Utah Wyoming and Mexico with tips from Los Angeles and Guernsey among locations.
MENTIONED IN THIS ARTICLE
EL Centro
Desperado Wiliam
Bill Cook
FBI Agen
Chocolate
San Diego Mountains
California
Imperial Valley
Towler
Mexico
Cook
Joplin
Forrest Damron
James Burke
Oklahoma
Carl Masser
Atwood
FBE
Los Angeles
Wyoming
Guernsey
Utah
Ell City
Pravda Declares Formosa An Indivisible Part of China
The Communist party newspaper Pravda printed a three page survey on Formosa in Moscow on November 13. It details geography, natural resources, history, and politics and states Formosa as an indivisible part of Chinese territory.
MENTIONED IN THIS ARTICLE
Moscow
Van
Pravda
Formosa
Obituaries from Garden Grove and nearby towns
Obituary notices list Jackson L Wright 89 Garden Grove born in McLearmboro, OL died Thursday. Surviving son George A Wright and daughter Clara B Cline plus many grandchildren. Also Blanche Belle Kniffen 67 Mayfair died recently. Mary Frances Rigney 77 Long Beach. Irene Elizabeth Sweets 71 Long Beach. Julia T Winger 45 Long Beach. John Wellender 4 Long Beach. Albert Marchant Batt 53 Escondido. Felix Gilgun 72 Los Angeles. John Earl Snyder 66 Buena Park. Charles Levi Zannter 58 Paramount. Service details at local mortuaries and churches.
MENTIONED IN THIS ARTICLE
Howald Brothers Mortuary
Garden Grove
Bernard C. Brewster
First Methodist Church
Garden Grove Lodge No
A. M
Fairhaven Cemetery
Kniffen
Mayfair
Blanche Belle Kniffen
Attenmoor Ave
Nebraska
California
Arthur D. Kniffen
Ethel M. Gilbert
Bellflower
Verna May Case
Compton
Alice Louise Todd
Garberville
Calif
Lloyd Alden Kniffen
Hollydale
Glenn D. Kniffen
Mower Garden
White Funeral Home
Robert A. Burns
Bellflower Community Presbyterian Church
Graceland Cemetery
Norwalk
Arthur
Patterson & Snively Mortuary
Sweets
Irene Elizabeth Sweets
Los Angeles
Youngstown
Ohio
Hamilton
Long Beach
Margaret Kierman
Mottell’s Chapel
Wellender
John Wellender
Adolph Wellender
Forban St
Judy
Calvin
David Wellender
Sophia Wellender
Stephen Chiman
Joseph Kulling
Charles Uhiman
Moline
Hunter Mortuary Chapel
Carl T. Shere
Bethel Evangelical Lutheran Church
Sunnyside Memoria!ark
Snyder
Buona Park
John Earl Snyder
Craig Ave
Auburn
Mich
Pacific Electric Fest
American Legion
Robert Snyder
USA
Ko- Tea
Phyllis Darringer
Buena Park
Chapel of Veterans Administration Center
West
Mortell
Gis Smash Banzai Attacks in Korean War Fight
Correspondent Barnard reports heavy losses in the Red attack line. The Second Division and South Korean Eighth Division faced Banzai assaults south of Wonju. Reds pulled back to small villages to regroup amid biting cold. Counter thrust unclear as dawn attacks pressed the Second Division center.
MENTIONED IN THIS ARTICLE
Barnard
Alsré
Wonju
U.N
Korea
U. N
Venius
Seoul
Sobaek Range
Sobaek
Eighth Army
Pusat
Worju
Far East Air Force Headquarters
Kaesong
Sariwon
Sinanju
Suwon
Tanyang
US WN
Chungiu
Macha
Cherhon
Yangpong
Gers
Robert B. McClure
Solons Debate Truman Inflation Policy Amid Tax Plans
Lawmakers criticized President Truman's inflation stance and urged wage price controls. They forecast large tax hikes to fund defense as the budget nears 70 billion, with figures around 15.0 billion discussed. Senators pressed for pay-as-you-go budgeting and warned against overtaxation and fiscal strain.
MENTIONED IN THIS ARTICLE
Russia
O'Mahoney
Sen
George
D.-Ga
Senate Finance Committee
U. K
Flanders
Sen. Capehart
Douglas
D-111
Sen. McFarland
Arizona
Truman
Congress
Woman Attacked in Auto Lot Near California Ave
A 26 year old Long Beach woman was slugged and attacked after her husband left to shop at a used car lot near California Ave and Ansheim St. A stranger entered the car, refused to leave, followed her after she exited, forced her into another car and assaulted her for several blocks. She was taken to Sea side Hospital with a dislocated or fractured left shoulder.
MENTIONED IN THIS ARTICLE
Long Beach
California Ave
Ansheim St
Seaside Hospital
Clam Chokes Seattle Resident to Death
Seattle residents were stunned as William H. Pelan a 50 year old Coast Guard civilian employee died after a clam became stuck in his throat Pelan rushed into a Coast Guard office yesterday struggling to breathe and collapsed before reaching a hospital
MENTIONED IN THIS ARTICLE
Seattle
William H. Pelan
Coast Guard
Pelan
Also Mentioned on This Page
By Richard Fiske
Dow Jonas Industrials
Paul H
EF Huta
Facgregor Ch. Apalyet
H. de LA Chapelle Y Paibe
Webber, Jackson & Curtis
Taft
U.S
Doheny Wildcat
By Emmet F. Riordan
Tide Water Associates
V. L
W. No. 26
Pacific Coast
American Association
Oilwell Drilling Contractors
Canada
Berty & Loukonen
Hood Central Channel
Los Cerritos
C.C
Russ Paper Prints Survey of
U.S. Coast and Geodetic Survey
Caim
Afornia Stalicn
Leng Beach
I Sanihens
Lis Angeles AO
Algijzam Bernarding
Ans
Ais
Edith de Braurmon
Catalina
Barbara
Birine
Monica
Br Rbank Ge Raadera
ARS Gr Talline
Hokies
UTO
le Prey
H. L. Pre Allene Wmwb
Frei
Janet
Portland
Meavetty
Az Mianapall
Alsmarck
Sacramento
Uta
Antonio
Atte Dock
Gekinaty
Cleveland
Minneape
Winnemucka
Okiagama Cay
Bama i
Eureka
Janenotngs Oraaty
Pavesbutei
Juneau
Winger
Julia T. Winger
Maine Ave
Riverside
Calmar Jown
Low Beach
Our Savior's Evangelical Lutheran Parish
Ann_Hansen
Louise B. Winger
John H. Winger. Omak
Wash
Esther Hackett
Sanger
Gladys Groezinger
Minneapolis
Boty
Escondido
Albert Marchant Batt
Gloucester
Mass
Anne C
Sallie V. Bott
Boston
Cheever Hersery
Mottell
Gilgun
Felix Gilgun
Grand Ave
Ireland
Annie O'Donnell
Leominster
Veterans Administration Cemetery
West Los Angeles
Zamnter
Paramount
Charles Levi Zannter
Compton Blvd
Missouri
Ida
Sylvan
Bedflower
Lewis
Monte
Charles
South Gate
Eugene
Solons
Verne
Elmer
Wilbur Zahnter
Orother
James Zahnter
Paramount Mortuary Chapel
Philip Norvell
Paramount Methodist Church
Sunnyside Memorial Park
Gotthold
Harold Wright Gotthold
Ximena Ave
Methodist Church
Iowa
Eva E
Cloyce
D. W. Gotthold
Raymond E. Gotthold
Hubert A. Gotthold
Oklahoma City
Ruth Breziale
Eldorado Springs
Mottell's Chapel
Marsolerk
Kathryn Mary Marsolex
Clarence Marsolek
Daisy Ave
Sheelar- MacFadyen
All Souis
Sresees
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!