Price and wage shifts ripple through 1951 industry
New price controls and wage amendments affect clothiers and auto plants as manufacturers push higher prices and cost of living adjustments. Consumers see slow wholesale declines while steel, oil, and engineering sectors post gains. defense orders buoy GM, Westinghouse outlines growth, and labor strife looms in woolen mills and textiles. Public rhetoric notes meat prices dip in parts of the country amid organized consumer action.
MENTIONED IN THIS ARTICLE
Labor Department
General Electric
Oakland
Calif
General Motors Corporation
Lewis A. Pick
Army Engineers
Army
Air Force
Westinghouse Electric Corporation
Bureau of Labor Statistics
Woonsocket
R. I
SIB
Uute
New York Stock Exchange
Trend of Stock Prices for Past Week Analyzed
The analysis notes no clear trend in the Dow Jones over the past four weeks, with a bullish long term view but near term risk. It cites Korea war progress and possible peace talks in Paris as factors likely to depress prices if peace moves occur. A correction could reach Dow 230-235, with a likely rebound driven by supply and demand.
MENTIONED IN THIS ARTICLE
Korea
U. N
Asia
Paris
Sign Mart
China
Manchuria
Market outlook warns of major decline amid bearish signals
Analyst A de LA CHAPELLE Webber notes rising concern among banking analysts over a pending downturn. Divergence of volume and price since mid January and a high short interest suggest vulnerability, with a potential 25 to 30 point correction toward the 236–232 range, after a possible renewed rally.
MENTIONED IN THIS ARTICLE
General Motors
Agan
Public Hearing Set on Court District Boundaries
A public hearing on boundaries of proposed Municipal and Justice Court districts will be held by the Board of Supervisors on Wednesday afternoon. Disputed Lynwood-Compton boundaries and the Munich Court judges are debated as Signal Hill seeks a full review, with Judge Roberta Butzbach planning to attend.
MENTIONED IN THIS ARTICLE
Board of Supervisors
Lynsood-Compton
Munich
Signal Hill
Roberta Butzbach
Solon Talks With FBI Chief Again Fells U S Perils
Sen McCarran said after meeting FBI Chief J Edgar Hoover that the United States faces greater internal security danger than ever. Hoover cited underground Communist activity and cited the McCarran Act as factors. McCarran chairs a Senate subcommittee on internal security and warned citizens to be alert. Hoover noted fewer open meetings and no membership cards as Communists go underground.
MENTIONED IN THIS ARTICLE
Washington
McCarran
D.-Nev
FBI
J. Edgar Hoover
Hoover
Nevada
Senate Appropriations
Justice
United States
Senate Judiciary
Union
New York
Communist Party
Anyone Can Learn to Paint Says Art Therapist
Richard Sortomme, director of the National Art Therapy Foundation, told 100 youth art students at Bay Shore Community Church that anyone can learn to paint by grasping basic principles and illustrating inner visions. He demonstrated a Sequoia watercolor in 10 minutes and led a "point what you think" contest with juvenile winners Judy Hannah, Jack Prask, and Linda Bixby, all Belmont Shore.
MENTIONED IN THIS ARTICLE
Richard Sortoinme
National Art Therapy Foundation
Bay Shore Community Church
Sortomme
Sequoia National Forest
Los Angeles
Crippled Children's
Cedars of Lebanon
Sortom
Lakewood Community Fete Highlights Zoning Progress
Lakewood residents gathered at PamAmerican Park Auditorium for a Meet Your Community Night. District Supervisor Herbert C. Lege lauded the new Lakewood zoning ordinance approved with no protests and urged cost cuts to bolster local services and military funding.
MENTIONED IN THIS ARTICLE
Virginia Slusher
First District
Herbert C. Legg
Lakewood
The
Press-Telegram
P.T
Hunate
Herbert C. Lege
raTaunity Corneil
PamAmerican Park
Lakewond
Board of Supervisors
Los Angeles
Norwalk
Oil Depletion Allowance Cut Debate Ahead
House Ways and Means Committee to hear administration’s push to reduce the 27 per cent oil and gas depletion allowance to 15 per cent. Industry leaders testify depletion is needed to fund continued exploration. Witnesses include Russell R. Brown of the Independent Petroleum Association of America, Wi Geis of Los Angeles independent, and Ernest G. Thomp.
MENTIONED IN THIS ARTICLE
House
Ways and Means Committee
Washington
Russell R. Brown
Independent Petroleum Association of America
Wi Geis
Los Angeles Independent
Ernest G. Thomp
Tides and Temperatures son of the Texas Railroad Commission
The brief item notes tides and temperatures observed by the Texas Railroad Commission. It records proximity readings, coastal conditions, and local temperature data for maritime planning and regulatory context. Officials emphasize routine monitoring and public access to the data.
MENTIONED IN THIS ARTICLE
The
Texas Railroad Commission
Local Petroleum Briefs Include Well Updates and Dinners
General Petroleum completed a joint test at Conemountis No 28 and Wilmington field. a flow at Churely Seventh St and Atlantic reached 34 barrels daily. Ethel D No 104 at Midway will be examined Monday at 6 30 p.m. in Sunset. A Los Angeles Basin Chapter meeting is planned March 20 at Shell Recreation Hall Signal Hill focusing on lightweight cement aggregates. Southern California Petroleum Corp reports stock and warrant sales to J Barth and Co of San Francisco. Liberia board approves export in principle, pending 30 year domestic reserve sufficiency. Sidney Norman bulletin notes Alberta royalties and Long Beach tax implications. Terrance Roseen elected University of Oregon Theater advisory member. Mrs George Kratz learns of brother Charlie Costin's death in Detroit in car accident. Agnes Price mourns.
MENTIONED IN THIS ARTICLE
General Petroleum
Conemiuntis
Wilmington Field
St. Luke's Parish
Churely
Atlantic
Midway
Los Angeles Basin
American Petroleum Institute Plans
Shell Recreation Hall
Signal Hill
Thomas A. McElhenny
International Cementers, Inc
Marine Offensive Slowed by Heavy Communist Fire
Front line action stretched four to nine miles southwest of Hoengsong with renewed Red counterattacks. Seoul faced intensifying shelling as allied guns bombarded the capital. U S 24th Division engaged dug-in Red forces on Hill 1997 while Okinawa-based B 29s bombed Pyongyang airstrips and Chunchon supply routes. Allied naval units hammered Songwha area as Marines conducted hit run raids. a Red brigade commander was reported killed.
MENTIONED IN THIS ARTICLE
Hoengsong
Seoul
Yaju
U. S. 24Th Division
Hill 1997
Songwha
Parallel 38
Haeju
Worst Storm of Year Hits Midwest
A massive storm coated the Dakotas, Iowa, Minnesota, northern Wisconsin and Michigan with sleet snow and freezing rain. Sioux Falls buried under 15 inches more snow while Minneapolis totals rose to 12 inches as travel crippled with marooned workers and canceled flights buses and trains.
MENTIONED IN THIS ARTICLE
Redwood Falls
Minn
Alexandria
Colorado
Wyoming
Casper
Wyo
Lander
Sheridan
Spring Valley
Wis
Greyhound
Forest Lake
Faribault
Rapid City
Pierre
Huron
3. D
U S Dares Russia to Publish Troop Count
The United States challenged Russia to make public its troop numbers and censuses. Nash said the U S is prepared to begin work immediately and could hold meetings Monday if the Soviet government agrees. The issue involves atomic weapons and the U N Atomic Energy Commission, with past Russian vetoes on a census plan.
MENTIONED IN THIS ARTICLE
United Kingdom
United States
U.S
Russia
Nash
U. N. Atomic Energy Commission
Big Four
Foreign Ministers
U. S
State Department
Omar Liadley
Commission
U. N. General Assembly
Security Council
Kefauver Panels Probing Samish Fund and Tax Schemes
Kefauver pressed to summon Koehn and question Samish aides as he exposed a California brewing fund run with five cent assessments totaling $925,943.19 over six years, while other witnesses described stock schemes, bribery, and tax dodges tied to Reno and Fresno figures.
MENTIONED IN THIS ARTICLE
Kefauver
Hartmann
Internal Revenue
Holden Sanford
the Treasury
Washington
California Brewers Institute
California
Samish
Reno
Fresno
Sanford
Charles Lubbes
Cairo
Oklahoma
Tennessee
Kansas
Mississippi
Shout
Missouri
Stanley Cohen
Pioneer Racing News Wire
Congress
Cohen
John Peunty
Pennty
Annie
Trip
Spa
County Tax Assessment Period to Start March 5
The county tax assessment period begins March 5 with tax appraisals. Deputy assessor Lesley G. Erickson urged taxpayers to file property returns as taxes become liens on the first Monday in March. Veterans exemptions must be claimed by the last Monday in May or within ten days of notice. charitable and religious exemptions require April 1 filing. Assessor John R. Quinn says officials will reach about 1,100,000 taxpayers. the assessment roll, due by the first Monday in July, will fill 12 tons of paper in 250 volumes. The Long Breach and San Pedro branches handle examinations. offices are in Jerin Trust Building and 820 Beacon St.
MENTIONED IN THIS ARTICLE
Lesley G. Erickson
Long Breach
San Pedro
Ericksen
State Board of Equalization
John R. Quinn
Jocal
Jergins Trust
San
Twenty three ships activated at McFaddin Bend
Shipping officials ordered reactivation of 23 ships in the mothball fleet at McFaddin's Bend on the Neches River in Beaumont Texas. One hundred fifty other Thy type vessels remain in storage.
MENTIONED IN THIS ARTICLE
Beaumont
Texas
McFaddin
Bend
Neches River
Injured Cat Found Seeks Owner Through Local League
An injured cat found yesterday in the 1700 block of Bifth Street is being cared for by Mrs. Charles Thomas of 524 West Fourth Street, of the Fets Protective League. Mrs. Thomas is anxious to contact the owner.
MENTIONED IN THIS ARTICLE
Bifth St
Charles Thomas
Fourth St
Fets Protective League
Also Mentioned on This Page
By Richard Fiske
York
Dow-Jones
Paul
Macgregor F. Matton & Co
A. de LA Chapelle
Webber
Rkpon de Curis Analyst
Solon
Fells
Sean Silverman
Chamber of Commercce
George L. Geiger Jr
Long Beach
Cnudie
Hoe
Bemis
Flag Exchange
C. H. F Emann
Boy Senuts
Kenneth Borner
Amvets
Alton Parker
Taxpayers Association
Roland Bach
PTA
R Rohn
YMCA
YWCA
Community’ Council
Paul Gooder
Jerry Hollister
By Emmet F. Riordan
Meanris
Southern California
Aiahoa
Blythe Ke
Pasadena Balmdae
Anta Barbar
Eura
Paso Top
Agate Bomer Ermakos
Culver Catalina Aispart
Houston
Salt Lake
Charleston
Des Stoi
Dodge City
Tyler Woodward
Southern California Petroleum Corp
J. Barth and Co
San Francisco
Liberia_ Petroleum and Natural Gas Board
Sidney Norman Bulletin
Calgary
Can
Province of
Alberta
Terrance Roseen
Fermin Himrod
Clark Ave
University of Oregon Theater Advisory Committee
George Kratz
Belmont Ave
Charlie Costin
Detroit
Agnes Price
Midwest
Minnesota Highway Department
Samish Fund
Hoertkorn
Oscar Koen
Brewers Institute
Koehn
T-Man
Sen
Treasury Department
Holden Sanfarel
Internal Revenue Intelligence
Treasury
Martin Hartmann
Mountain Oil Consolidated Copper Co
Paty Meoney
Internal Revenue Bureau
Mountain City Co
California Crime Commission
Mooney
Pat) McCarran
Prunty
Rex Blom
Blom
James Coe
Palm Springs
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