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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

Mar 04, 1951

Page

3

Raw Cotton Price Ceilings Set by Federal Office

The Office of Price Stabilization fixed a basic ceiling of 45.76 cents per pound for raw cotton both sold by merchants and by farmers. The rule applies to white middling 15/16 inch Area One from several Carolina counties. variations depend on grade length and location. The ceilings reflect highest market prices from Dec 19 to Jan 25. OPS Director Michael V. DiSalle said the order will reopen exchanges Monday, though New York traders expect a delay. DiSalle warned lack of farm-level controls could spur inflation in cotton textiles.

Washington Office of Price Stabilization Area One North South Carolina New York Memphis New Orleans OPS Michael V DiSalle Cotton Exchange

U S. Plans a Russia Targeted Village Image

The State Department will issue a 24 page pamphlet in Russian and 17 other languages to portray life in an American small town Lebanon Connecticut as a model of democratic community. Nearly 500000 copies will be distributed behind the Iron Curtain to counter Kremlin propaganda and show American friendliness and ingenuity.

Lebanon Atlantic Ocean United States Goetlieb Laibrandt Louis Himmelstein Russia Clarence Geer Acron

Abolish RFC Kem Demands

Sen. Kem of Missouri called the Reconstruction Finance Corporation corrupt and urged Congress to abolish it. He blamed President Truman for inaction and tied the RFC to unsound loans amid a Senate inquiry into alleged favoritism and influence in loan approvals. The subcommittee, led by Sen. Fulbright, also pursued tax transcripts and examined loans to E. Merl Young and others.

Washington Kem R-Mo Reconstruction Finance Corporation Congress Truman Missouri RFC Senate Banking Subcommittee Sen Fulbright D.-Ark Subcommittee Internal Revenue Bureau E. Mer Young White House

Pennsy Rail Trial Set Over 84 Deaths in Disaster

The Pennsylvania Railroad pleads innocence to 84 manslaughter indictments stemming from the Woodridge rail disaster. Trial scheduled for April 9 in New Brunswick New Jersey. Indictments named each commuter who died in the February wreck of The Broker, returned by a Middlesex County grand jury in February.

NEW _ BRUNSWICK N. J Pennsylvania Railroad Woodridge Midgreeey County

New U S Bond Aims to Fight Inflation and Debt

A compromise among top officials proposes a new government bond at 2 percent interest exchangeable for old long term bonds totaling 19 billion dollars. Banks and insurers hold most old bonds. new bonds will be nonmarketable to curb lending that fuels inflation. Treasury and Fed announce plan amid Truman and congressional leaders praise.

Washington Ccut Treasury Federal Reserve Board Truman Congress Secretary of Snyder Federal Arop Federal Serve

Theaters Offered as First-aid Stations

National Theaters Amusement Co has offered its 450 theaters in 19 states to civil defense authorities for emergency shelters or first aid stations. President Charles P. Skouras said the circuit will also host civil defense meetings during off hours and help disseminate defense information via official motion pictures and announcements.

Hollywood National Theaters Amusement Co Charles P. Skouras

Shotgun Blast Ends Norwalk Couple's Tiff

Norwalk deputies report a domestic dispute over a hedge ended when Michele Gomez 24 shot her husband Joseph in the abdomen with a .410 gauge shotgun. Gomez was hospitalized at Los Angeles General. she says she shot him after he struck her. he says it was an accidental discharge during cleaning.

Norwalk Michele Gomez Leggit St Joseph Reig

Artificial Heart Valve Prevents Blood Backflow

Georgetown University surgeons announce a perfected artificial valve for malformed hearts to replace the aortic valve. The plastic device, tested in dogs with no fatalities in 150,000 insertions cited, aims to prevent backflow and aid about 1,000 Americans with diseased valves.

Washington Georgetown University Heart Surgeons Thes Atceversity’s Medical Center United States

O Dwyer Suffering From Pulmonary Congestion

City page notes O Dwyer is suffering from pulmonary congestion after a recent attack. March 33 date appears in the item with limited details and no additional names or places provided.

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Hoengsong Korea United Nations Prass U. S Pennsy U.S Bramboek & Makegeny Brambech & Mahegany Mallet & Davis Brambeek Whitnay Makegany Francis Bacon Maher Queen An Generor Kanbu Kpabe Ehesy, Mason & Hamlin Eas Oss Pine Ave Mighty Bis Baby Beth Bush Berea Hospital Cleveland Ohio Chester Bush Cadillac Columbia California Pearl Original Shantung Francis Adams
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