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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Jan 27, 1951

Page

4

Control of Prices Regulation Text From Washington

Partial text of a price control order issued by the Economic Stabilization Agency outlines ceiling prices for commodities and services based on a base period in 1950-1951, effective immediately. It covers applicability, methods for determining ceilings, parity adjustments, exporters and importers, distributors, and exemptions.

Ashington Economic Stablization Agency United States District of Columbia Price Stabilization Washington D. C Secretary of Agriculture Commodity Exchange Authority Washington 25 Commodity Exchange iYou Director of Price Stabilization Press Association

Price Stabilization Rules On Sale And Records

The text outlines price stabilization regulations covering sale of commodities and services, recordkeeping, and exemptions. It details base period records, current records, required menus for restaurants, and penalties for violations. It also specifies transfers of business and tax reporting, with emphasis on ceiling prices and the need for clear pricing documentation.

Wage Stabilization Regulation issued by ESA

Washington January 27 1951 the Economic Stabilization Agency issues General Wage Stabilization Regulation 1 setting ceilings on wages salaries and other compensation. It supersedes prior rules and ties new employee rates to January 25 1951 with petitions for increases to Wage Stabilization Board. Signed Eric Johnston ESA Administrator.

Washington Economic Stabilization Agency Congress Wage Stabilization Board Age Stabilization Board Eric Johnston

Sundstrom Appointed Deputy AEC Training Advisor

Washington January 27 The Civil Defense Administration named Hubert R Gallagher of Washington as director of field administration and Dr John W Sundstrom of Los Angeles as deputy assistant administrator for training Gallagher previously served as associate director of the council of state governments Sundstrom was a management consultant to the Atomic Energy Commission

Washington The Civil Defense Administraion Hubert R. Gallagher John W. Sundstrom Los Angeles Trainsin Gallagher Council of State Sundstrom Atomic Energy Commission

Clerks Accused of Blackmailing Shoplifters in Mineola

Two grocery clerks Henry Fichter and Joseph McGuinness were held on ex tortion charges after a shoplifter confessed to stealing a 13 cent can of coffee and being forced to sign a false confession. Police say the men demanded 25 dollars to avoid exposure and prosecution, and targeted others at 10 to 75 dollars each.

Mineola Henry Fichter Joseph McGuinness

Business and Industry Eyes on War Aids and Controls

Week of jitters over control measures did not slow expansion as firms pressed output for defense needs. Steel hit a record 2,017,000 net tons. machine tools shipments surged. average factory hours rose to 41.6 weekly. Ford and A C F-Brill won large government orders while coal, labor, and stock markets showed mixed signals amid defense demand.

York Washington Truman Council of Economic Advisers Ford Motor Company A. C. F-Brill Motors John L. Lewis New York Stock Exchange Ege

Trend of Stock Prices for Past Week Analyzed

The Dow closed at 242.22, down 5.79 from a week earlier high of 249.01. Analysts say the correction was due and inflation concerns may ease only temporarily. Despite fears, long-term demand and earnings projections suggest the market may rise to new highs, with reserves and credit policies likely cooling the boom.

Dow Lelse Standard & Poor Jmany FRB

Navy to take over Angel Island from San Francisco

The Navy announced it seeks to acquire Angel Island, a 640 acre site in San Francisco Bay north of Alcatraz, as a degaussing range. Declared surplus after World War II, the island had been eyed for recreation, but the plan now ends for the duration. The degaussing range, kept secret, would test electric cables around ships hulls to shield against magnetic mines.

San Francisco Navy Angel Island San Francisco Bay Alcatraz

Attorney General Reinstates Mulvey as Special Agent in Charge

Los Angeles reports Robert Mulvey has been reinstated for the attorney general's staff as special agent in charge of investigation. Former Attorney General Fred Howser alleged Mulvey wired the state building in 1947. Mulvey replaces Kenneth Horton, transferred to Sacramento.

Los Angeles Robert Mulvey Fred Howser Mulvey Kenneth Horton Sacramento

Also Mentioned on This Page

Maryland Pennsylvania Imon Indiana Martha Chaucer Tatai Richard Fiser Rev-Jones Paue B. Macgregor F. Hutton & Compant Acaiyat H. de LA Chapelle Paine Welyder Jackson & Curtis, Aaeiyat S. F
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