Labor relief boosts production and defense orders rise
York reports labor disputes eased with a CIO woolen and worsted strike nearly ended and a cotton rayon walkout averted. Production in key defense industries remains high, with large plant expansions planned, including Koppers expanding near Port Arthur and Kobuta facilities. Defense orders climb, steel shows strain, and earnings reports stay strong amid inflation combat.
MENTIONED IN THIS ARTICLE
York
Federal Reserve
Koppers Company
Chemical
Port Arthur
Texas
Kobuta
Washington
Pittsburgh
Jones & Laughlin Steel Corp
Monongahela Railroad
Jones & Laughlin
International Nickel Company of Canada
Celanese Corporation of America
Dun and Bradstreet
Business Reporting Service
Bureau of Labor Statistics
Federal Reserve Board
New York
Trend of Stock Prices for Past Week Analyzed
The weekly trend shows rumors of a Korea peace move lifting the market beyond February ranges. Dow indicates a correction likely contained in 240 245, with a potential 230 235 outside limit. A rally may continue Friday if no adverse news, and tax fears caused little selling. Investors advised to hold at least 50 percent reserve funds for possible further correction while awaiting first quarter earnings boosts.
MENTIONED IN THIS ARTICLE
Korea
Washington
Dow Industrials
Market chart predicts further decline after brief rally
Pathé analyst notes failed rallies at 254.50 and a recorded peak of 257. A 260–262 target would imply a 25–30 point drop, with support near 242–240. If 236–232 acts as a buying objective, the market could test those levels after a short rally to 248–251 within 7–10 days, amid deteriorating market structure and treasury bond weakness.
MENTIONED IN THIS ARTICLE
Treasury
D.J
Oil Field Steel For Los Angeles From PAD Warehouse
Oil operators in the region may obtain emergency steel at a Los Angeles PAD warehouse as part of a five region system. A total of 750 tons monthly will be distributed to oil field suppliers, with March 31 set for applications for the July quarter. General Petroleum reports new wells in California and Wyoming, with multiple production figures. Charles P. Rather of Birmingham named assistant deputy administrator in charge of natural gas transmission and distribution.
MENTIONED IN THIS ARTICLE
Los Angeles
Petroleum Administration For Defense
Los Angles
Ofind
Agisin Guy Ceed
Juiye En
General Petroleum
Williamson
Lost Hills
G. P
Wilmington
Cat Canyon
Los Flores
G. PB
Slick Creek
Big Horn
Wyoming
Green River
Utah
G. P. San Rafael
Charles P. Rather
Birmingham
Ala
The
Southern Natual Gas'co
City Executive Plans Conference on Pension Terms
City Manager Samuel E. Vickers will meet Monday with policemen and firemen affected by two proposed charter amendments shaping the old pension system. Both measures, set for the May 8 ballot, include a freeze of pensions for current retirees, a new pension fund, and contribution requirements for active employees.
MENTIONED IN THIS ARTICLE
Samuel E. Vickers
Vickers
Queen Crowned at Long Beach City College Charity Carnival
Helen Tripeny of 274 Argonne Ave was crowned queen after a three day drive that raised 1343.20 for Red Cross Community Chest and student scholarships. Erin O Brien crowned her at the Summertime Dance in Lakewood campus Student Union.
MENTIONED IN THIS ARTICLE
Helen Tripeny
Argonne Ave
Long Beach City College
Helen
Entre Neus
Erin O'Brien
Lakewood
Red Cross
Community Chest
Charity Carnival
Gerry Easton
Frances Holden
Lewis Ave
Jo Hart
W. Pleasant St
Tammuz
Menzies Dissolves Aussie Parliament
Canberra reports Prime Minister Robert G. Menzies announced the dissolution of both Houses to trigger nationwide elections. General William J. McKell approved the proclamation, effective next Monday. Elections set for April 28 amid Labor opposition blocking Senate legislation.
MENTIONED IN THIS ARTICLE
Canberra
Australia
Robert G. Menzies
Gary
William J. McKell
Menzies
Labor Party
Senate
U S Ship Reported Aground Off Holland
The Dutch Coast Guard announced that an unidentified United States vessel ran aground near the north Dutch coast island of Schielman Nikoog. Dutch tugboats and a lifeboat rushed to assist, with Hor Kum tugs from a nearby German island also en route. A motor lifeboat reached the scene but found nothing and suspected the distress call was hoax or the ship had freed itself.
MENTIONED IN THIS ARTICLE
Kulieerdam
Ine Nether Jlands
Dutch Coast Guard
United States
Sghlermannikoog
Horkum
French Planes Hunt Wreckage of B-29
GP Scout planes hunted for wreckage of a B 29 Superfortress reported seen in the Pyrenees between France and Spain. Police said discovery could confirm the missing American bomber with 12 aboard, en route from England when it disappeared a week ago.
MENTIONED IN THIS ARTICLE
Toulouse
France
Pyrenees
England
Pubkeeper cites misperception of medical treatment
Graham Moffatt admitted he has suffered a medical condition that causes hiccups and fears it could affect trade. He said he is avoiding eye contact to prevent customers from misunderstanding his illness while Motta noted treatment has failed to help him.
MENTIONED IN THIS ARTICLE
Babybrooke
En Jane
Graham Moffatt
Motta
Truman Receives Korea Front Report During Florida Trip
President Truman, en route back to Washington, received a first hand Korea front report from Rear Adm. Sidney Souers and David H. Stowe. He will return Thursday to Easter weekend with daughter Margaret. departure set for Boca Chica NAS at 2 p.m. for an estimated 5 p.m. arrival. Governor Sid McMath was among yesterday's lunch guests.
MENTIONED IN THIS ARTICLE
EY West
Truman
Korea
Adm
Sidney W. Souers
Natonal Security Council
Uers
Washington
David H. Stowe
Mr. Truman
Florida
Seph E. Short
Tata
Margaret
Boca Chica Naval Air Station
Independence
Short
Sid Mc[Math
Arkansas
Fund for Bazooka Victims Aids Butler Family in Norman
Norman police collected funds to cover funeral costs after a bazooka rocket explosion at the Butler home killed Roy seven and Edwin three while Harold 14 remained near death. Pvt. Carol Butler 19 had brought the explosives home and faced no immediate action, as Army officials assess possible prosecution. Wayne Butler, hopes to reach home from the Far East to support the family.
MENTIONED IN THIS ARTICLE
Norman
Okla
Harold Lee Butler
Carol Butler
Roy Butler
Edwin
Wayne
Butler
Far East
F. L
Lamerand
Duke Logan
Japan
45Th Division
I Division
Camp Folk
jButler
Pvt. Buller
Automatic beacon to aid air crash rescue from Wright-Paterson
Air Materiel Command at Wright Patterson AFB develops a crash rescue locator beacon. The aluminum beacon deploys four to six legs, rises a 20 garment antenna, and transmits signals for 24 hours to locate downed aircraft. It weighs about 50 pounds and works even when submerged. Availability expected in 18 months.
MENTIONED IN THIS ARTICLE
Air
Air Materiel Command
Sweden to Send Metals to Czechs Under New Trade Pact
Sweden pledged to provide Czechoslovakia with iron ore steel steel alloys and pail bearings along with paper chemicals and storage batteries in a trade and payment arrangement through Feb 29 1952 announced by the Czechoslovak news agency. Czechoslovakia will supply sugar hops chemicals cranes commercial steel textiles porcelain glass automobiles motorcycles and other industrial goods.
MENTIONED IN THIS ARTICLE
Prague
Sweden
Czechoslovakia
Stockholm
Montana Halts Slaughter of Dogs
Montana health authorities ordered police to halt wholesale killings of stray dogs to stop a rabies outbreak. Ten people were bitten by rabid dogs in Washington and Montana this week as officers reportedly destroyed about sixty dogs in a three hour period yesterday.
MENTIONED IN THIS ARTICLE
Mont
Montana
Washington
Doomed Boy Receives Flood of Mail After Times Letter
Six year old Bobby Hiftline of Jasper receives rapidly increasing mail after his mother appealed for kindness to the boy who has cancer. The avalanche began after a New York Times editor carried his case via Associated Press. Two rooms in the Hiftline home are filled with letters and parcels as doctors note small gains and improved appetite. The father estimates it will take about a year to open all pieces.
MENTIONED IN THIS ARTICLE
DRIAN
Mid
Bobby Hiftline
Hiftline
Jasper
Henry Hiftline
New York Times
Associated Press
Bobby
Tides and Temperatures Sunday March 15 Coast Weather Report
Sunday tides and temperatures are listed with sunrise sunset moon phases and high and low water figures. The report notes Foregoing statistics by the U S Coast and Geodetic Survey plus a fire incident involving Blind Joe Farley as he escaped through smoke in an apartment fire amid rescuers.
MENTIONED IN THIS ARTICLE
U. S. Coast and Geodetic Survey
Lo Benth
Caim
Pos Angeles
Joe Farley
Nearley
Farley
Nettonaln
Annie
Seeing Eye Dog Rescued After Fire At Ann Street Shelter
The incident at a local animal shelter on Ann Street involved a Seeing Eye dog revived by oxygen and an inhalator after a fire. Inspector Joe Yonslomaf investigated the scene as a loss of about $508 was reported for the affected property.
MENTIONED IN THIS ARTICLE
Pat Ie
Joe
Three High Schools Plan All Night Graduation Dance
Students from Jordan, Wilson and Polytechnic high schools unite for a June 1 914 All Night Graduation Dance at Municipal Auditorium. Dean Paige leads as general chair with Darlene Poole secretary and Norman head of entertainment as seniors from Poly technic and Jordan designate leaders for committees.
MENTIONED IN THIS ARTICLE
St. Patrick's Day
Municipal Auditorium
Harold Williams
Press- Telegram
Jordan High School
Dean Paige
Polytechnic High
Darlene Poole
Wilson
Norman
Polytechnic
Georgeanna Webb
Ben Harris
Jordan
Jo Southgate
Mike Nisbet
Donna Decker
Bill Atkinson Jr
Don Pattison
Reporter Tells Truman the Deal for 52
Miami March 17 NBC commentator Merrill Mueller says President Truman made a deal with General Eisenhower to be available for any 1952 presidential campaign. Mueller cites Eisenhower saying he would run if drafted, while Truman considers elder statesman duties in Congress. Dewey backing Ike risks Ike becoming the Democratic candidate.
MENTIONED IN THIS ARTICLE
Miami
Fla
NBC
Merrill Mueller
Truman
Eisenhower
Tice
Harry Truman
White House
Mueller
Sigma Delta Chi
Denver
Washington
Congress
Thomas E. Dewey
Ike
Legislators to Inspect Colorado River Water System
A delegation of thirteen House representatives will tour Colorado River water supply installations in Southern California for several days. They were invited by the Metropolitan Water District to hear California’s position on the Central Arizona Project legislation as the interior and insular affairs committee weighs pros and cons.
MENTIONED IN THIS ARTICLE
Los Angeles
Maroh
Colorado River
Metropolitan Water District
California
House
Interior and Insular Affairs Committee
Arizona
Red China Moves Medical Teams to Korean Front
Reports from Hong Kong say six Canton hospitals have sent staff and equipment north for field hospital duty. The entire staff of a Guangdong sanitarium also departed for the battle area. Peiping reports note surgical teams recruited from hospitals for immediate dispatch.
MENTIONED IN THIS ARTICLE
Red China
Hong Kong
Canton
Kwangtung
Peiping
Hositals
Orec
Foreign Minister Zyg Munt Modzelewski resigns in Poland
An official announcement says the ailing Foreign Minister Zyg Munt Modzelewski has resigned after a two year heart ailment. He is succeeded by Deputy Foreign Minister Stanislaw Skrezczewski.
MENTIONED IN THIS ARTICLE
Waksaw
Fojang
Zygmunt Modzelewski
Stanislaw Skrezczewski
Modzelewski
MacArthur at Front in Korea Praises Progress
MacArthur made a surprise visit to the Korean front and reported everything going well as U N and Allied forces pressed near the 38th Parallel. In dogfights over Namsi and Hongchow area, American pilots clashed with MIGs and a Shooting Star collision left pilots presumed dead. Allied forces reported heavy casualties for the Reds since January 25 with tens of thousands killed or wounded and heavy transport and ground attacks reducing enemy strength.
MENTIONED IN THIS ARTICLE
MacArthur
Tokyo
United Nations
Chunlow
U. S
Jim Becker
Seoul
Han River
Chunchon
Korea
Suwon
Seap
Wonju
Hongchow
Matthew 8. Ridgway
U. S. Eighth Army
George E. Stratemeyer
U. S. Far East Air Forces
Adm
C. Turner Joy
Far East
North
South Korea
U.N
Nationalization Plan Set for Suez Canal
Akhbar El Yom reports Egyptian deputies plan to submit a bill to parliament to nationalize the Suez Canal similar to the AngioJranian Oil Company move. The canal is run by a French firm with a 1968 concession expiry and British ownership around 42 percent.
MENTIONED IN THIS ARTICLE
CALEV
Akhbar el Yom
Suez Canal
AngioJranian Oil Company
Great Britain
Blaze Causes Minor Damage at P&G Plant
Firefighters battled a blaze at the Procter and Gamble plant at 1601 W Seventh St yesterday afternoon. Oil spotting a heater started the fire, causing about 200 dollars in damage and briefly shutting down operations for roughly an hour.
MENTIONED IN THIS ARTICLE
Procter & Gamble
Seventh St
Million-dollar Fire Threatens Michigan Plant
An enormous blaze at the Midwest Korasves Co. plant in Owosso Michigan caused extensive damage estimated at two thousand dollars. The fire consumed treated paper and raged through the facility, with officials noting the incident as a major loss for the mill.
MENTIONED IN THIS ARTICLE
Michigan
Owosso
Mich
Midwest
Korasves Co
Contempt Action Sought in Costello Probe
A Saratoga Springs inquiry details contentious testimony over Governor Dewey and Costello. Witnesses contradict, with U S officials and Moran linking Weber to a City Water dispute. The probe aims at possible contempt for not testifying, as committee members prepare to press O Dwyer on Monday.
MENTIONED IN THIS ARTICLE
Saratoga Springs
Albay
Dewey
James C. Yagerty
John A. Gaffney
Gaffney
Saratoga
Gaftney
Costello
Senate
Louis Weber
James J. Moran
Moran
Weber
Gerard Martin
U. S
Edward W. Mer Donald
Brooklyn
O'Dwyer
Ambass
Mexico
Swank
Central Park Wear
Army
Michael Kennedy
Democratic Party
Manhattan
Tammany Hall
Ihe
Gefauver
Menice City
Just Rights Hieromex
Poltiees
Also Mentioned on This Page
Richard Fiere
BonJonia Industrials
Paul H. MacGregor
BO Huttond& Co
H. DE LA Chapelle Pathé
Renter
Jackson & Curtis
L. A
By Emmet F. Ricrdan
City Executive Plans
College Charity
U.S
Holland
Inderwill
Iid
Ern Law
Bart Wilson
Torrance
Ucla
H. L
Agwawarane
Saekcorsifie
Sacramento
Ae Bote Ag
Sige Ab
Brownsvile
Pan Antonis Ey
New Orisa
Fucson
Des Moines
TriWorth Prats
Winnemucca
Wimnelow
Toma Tellewstons
Fort Worth
Aucman Statens Tead Press
Wea
Pole
North Korea
Eighth Army
Far East Air Force
P&g
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