Business And Industry Summary For Week
York, Nov. 18. U S business trends were mixed this week with most key industries at high marks and consumer conditions improving. Electric power output reached a new high as retail trade rose modestly from last week and last year. Wholesale ordering held up well with more buyers visiting centers. With 29 shopping days to Christmas, prospects were brighter as winter weather set in. The Associated Press index of 35 wholesale commodities rose for the fifth week to a high not seen since Feb. 5, 1948. Steel output near a record, and paper mills operating above capacity. Carloadings declined from the prior period but remained close to a two-year high. soft coal output met seasonal expectations. Crude oil production rose slightly. bank ruptcies fell to 135, the year's low. Bank clearings and loans rose modestly, rails led a late stock rally lifting listed shares by about $1 billion in value. Municipal and corporate bond sales attracted strong investor demand.
MENTIONED IN THIS ARTICLE
York
Dun & Bradstreet
Associated Press
Trend of Stock Prices for Past Week Analyzed
The Dow Jones industrials near 23082 face strong resistance at 23032 and the Korean situation is key to future market action. If China withdraws to Manchuria and averts war, tax rates may ease. if war worsens, a severe excess profits tax could follow. Investors should wait for the Red Chinese talks at Lake Success before acting.
MENTIONED IN THIS ARTICLE
Dow-Jones
Iil
Korea
Manchuria
Congress
Lake Success
Six Wounded by Gunman in Saloon Row
Chicago dispatch reports a gunman opened fire in a stockyards saloon during a brawl sparked by a husband who objected to rough dancing with his wife. Joseph Ramirez, 21, identified as the shooter, fled but was captured. Victims include John Such, 45, wounded in abdomen and eye, and Dolly Barrett, 42, among others. Several patrons were detained for questioning as officers faced cooperation issues.
MENTIONED IN THIS ARTICLE
Chicago
Joseph Ramirez
John Such
Cook County Hospital
Bridewell
Dolly Barrett
Koont Lake
Ind
Josephine Bolland
Thomas
Bolland
Martin
William Kay
Royal Tap
Elizabeth Donoghue
John O'Malley
Seal Beach Dentist Recalled to Active Duty
Seal Beach physician Dr. P. J. Moschella, the town's only dentist at 221 Main St, has been recalled to active duty with the Army Air Force as a captain. He previously served 21 months in the European Theater of Operations and reported to Hamilton Air Force Base for processing.
MENTIONED IN THIS ARTICLE
Seal Beach
P. J. Moschella
Main St
Army Air Force
Moschella
Hamilton Air Force Base
Army Medical Corps
Red Leaders Freed on Bail by Judge Ruling
New York November 18 The judge released four leaders of the American Communist movement and 12 other aliens on bail after ruling no evidence showed they posed a security peril. U S Attorney General McGrath had abused his discretion in denying bail under the internal security act. The 16 aliens had been freed on bail pending deportation proceedings for alleged subversive activity.
MENTIONED IN THIS ARTICLE
New York
American Communist Movement
Sylvester Ryan
Ells Island
Ryan
U. S
J. Howard McGrath
Thief Grabs Purse in Front of Two Cars and Escapes
Mary Ann Henderson 50 of 335 West 14th Street was robbed last night in front of 611 West Fifth Street. A purse was snatched after a struggle and the thief fled in a nearby parked car with a $20 loss, including $2.25 in cash.
MENTIONED IN THIS ARTICLE
Mary Ann Henderson
14Th St
Fifth St
Communists Withdraw From No Korean Front as Allied Forces Advance
United Press reports momentum shifts on the northeast front as Communist resistance collapses during the 7th Division push toward Manchurian frontier. Tanks traverse rough routes to Kaplan hills while patrols note clearing skies and improving weather along a 250 mile front. Estimates place Chinese forces at 200,000 to 500,000 in Manchuria, with about 100,000 enemy troops remaining in North Korea.
MENTIONED IN THIS ARTICLE
United Press
William Chapman
Ungi
Kaplan
Korea
Douglas MacArthur
U. N
North Korea
Manchuria
Train Hits Truck Wreck Near Crossin Endangers Six
LYNWOOD Nov 18 A Pacific Electric train collided with a heavy cement mixer truck at a crossing. One person in serious condition and five others with minor injuries were treated. The truck driver Al Witbeck of Cypress was seriously injured as the vehicle was dragged over 30 feet by the train. Injured include Motorman Rodney Price of Compton and Mrs Kumazo Shimamoto and Mrs Cynthia Smooth of Paramount.
MENTIONED IN THIS ARTICLE
Lynwood
Pacific Electric
al Witbeck
Cypress
Rodney Price
Compton
Kumazo Shimamoto
Cynthia Smooth
Paramount
Phone Service Almost Normal in Bell Strike
New York reporters describe the nine day old telephone strike reaching stalemate. Bell Telephone System says long distance and local service are nearly normal despite partial picketing by Western Electric Co employees of the CIO Communications Workers of America. Mediation continues with federal conciliators to meet with the union divisions and Western Electric on key issues of wages and contract duration.
MENTIONED IN THIS ARTICLE
New York
Bell Telephone System
Western Electric Co
C. I. O. Communications Workers of America
Western Electric
Bell
Pittsburgh Papers Publishing Again
Pittsburgh newspapers resumed publication after a 47 day strike by mailers ended on November 14. Nonstriking workers demanded back pay for time lost, but three publishers and union officers reached an agreement to restore operations and arbitrate wage claims.
MENTIONED IN THIS ARTICLE
Pittsburgh
Jstrike
Worried for Other's Safety, Man Is Killed
Baltimore story reports James Nowak a 58 year old assistant hotel manager at the Fairmount Hotel fell from a second story ledge while warning an employee. He leaned too far and died of head injuries after instructing the worker to edge across a ledge to access a jammed door.
MENTIONED IN THIS ARTICLE
Baltimore
James Nowak
Fairmount Hotel
Plotters Earnings In Taipei Trial Reported In Fragments
In Formosa Taipei authorities report charges against a mixed group including two women and four men accused of plotting to overthrow the Chinese Nationalist government. The document lists multiple companies and payments ranging from 0.06 to 7.42 over several months. The fragmented text references Harvester Corp Dana Comp and others with monthly sums and approximate valuations amid the case.
MENTIONED IN THIS ARTICLE
Bill Earpi
Parkount
Picturan
Taipei
Formosa
Vipat ‘Aircraft Corp
Cmuamation Core
Harvester Corp
Jment ‘Dana
Berserk Gunman Kills Five In Rural New Jersey Rampage
Ingenito, a television repairman with a court order blocking contact with his wife and children, killed five relatives and wounded several others in a swift, cross town assault in Vineland and Minotola New Jersey. Police described a nearly single spree lasting minutes as he fled into pine lands pursued by state and local authorities.
MENTIONED IN THIS ARTICLE
Ingen Lito
Ingenito
Newcombe Hospital
Vineland
Howard Unruh
New Jersey
Camden
Unruh
New Jersey Stat
Trenton
Ingeniton
South Jersey
Howard Carlson
J. H. Westphalen
Army
Westphalen
Michael Mazzoli
Mazzoli
Pearl
Teresa Pioppi
S P E Alumni Form Long Beach Chapter
Members of Sigma Phi Epsilon organized a Long Beach Alumni Chapter at the University Club. Bal Mulvey was elected president with Ed Lowell as vice president Al Wright secretary and H Armour treasurer. Guests included Bob Ryan and Paul Slater. A luncheon is planned for November 23 at the University Club.
MENTIONED IN THIS ARTICLE
Sigma Phi Epsilon
Long Beach
University Club
Bal Mulvey
Ed Lowell
al Wright
H. Armour
Bob Ryan
Los Angeles
Paul Slater
Middle East oil viewed as key to Soviet course
Industry watchers at the American Petroleum Institute cite Gustav Egloff of Chicago asserting that Middle East oil held by nations opposed to communism could deter Russian aggression. He notes Middle East supply at 17 percent of world crude while Russia and satellites hold about 8 percent, and US 52 percent. Shell directors inspect area properties as several wells are active or planned in California and New Mexico, with leases in Dona Ana and Catron counties. Oklahoma and California drilling progress is reported, including Community No. 1 near Signal Hill and Dowle No. 1 in Vista Del Mar.
MENTIONED IN THIS ARTICLE
Gustav Egloff
Chicago
American Petroleum Institute
Middle East
Russia
Egloff
United States
Eglett
Shell Oil
James H. Doolittle
Cason J. Callaway
T. A. Moggan
Lewis L. Clarke
J. C. Hunsaker
J. B. Black
HL Wilkinson
Lewis E. Pierson
Alexander Fraser
H. S. Burns
P. E. Lakin
Shell
William
Antelope Hills
Irvine
Irvine Ranch
Orange
New Mexico
Humble Oil and Refining
Dona Ana
H. L. Hunt and Associates
Catron
Hunt
Jerman and
Bartee
Fifteenth St
Termino Ave
Signal Hill
Boone,Fowler & Con
Vista del Mar
Tides and Temperatures for Sunday November 19
Sunrise is 6 29 a m and sunset 4 48 p m with a moonrise at 2 11 p m and moonset at 1 57 a m High tides occur at 6 02 a m at 5 2 ft and 6 13 p m at 40 ft Low tide arrives at 12 33 p m at 11 ft Foregoing statistics are from the U S Coast and Geodetic Survey Water temperature is 59 degrees and surf condition is very calm
MENTIONED IN THIS ARTICLE
U. S. Coast and Geodetic Survey
L A Crime Probe Hearings Highlight Cohen Testimony
The Los Angeles inquiry centered on Cohen as he testified under questioning, claiming many answers were drawn from official records while describing his debts and lending, and noting conflicting remarks from Halley and Kefauver. He defended friendships with figures like Arthur Samish and dismissed threats or violence as misinterpreted. Sheriff Biscailuz faced scrutiny over raid cooperation and a deputy’s conduct, with the panel noting no personal integrity issues with Biscailuz.
MENTIONED IN THIS ARTICLE
Cohen
Halley
Amonem
Hollywood State Bank
Sen. Kefauver
Texas
Rangers
Retof Sen
Tobey
Anthony Milano
Cleveland Bank
Milano
Sen. Key
Lobbyiat
Arthur Samish
California
Eddie Borden
Las Vegas
Borden
Horden
Eugene Biscailuz
Kefauver
Los Angeles County
Biscailuz
State Crime Commission
Guarantee Finance Corp
Blacailuz
Crime Commission
Guarantee
Mindszenty Report On Memory Loss In Prison
Rome dispatch from Vatican sources reports Cardinal Mindszenty has lost memory and muscular control in a Hungarian jail. Catholic News Agency cites Vienna sources and says three Russian specialists were flown to Budapest to assess him, alarming Soviet authorities.
MENTIONED IN THIS ARTICLE
Rome
Catholiic
C. I. FP
Josef Cardinal Mindszenty Jag
Vatican
C. P
Vienna
Mindarenty
Budapest
Double tax abolished U S offers rebate to cigarette smokers
Ashington November 18 Smokers can take a federal income tax deduction for state cigarette taxes paid in states that stamp packs to show the levy. Willard L Thompson a Oklahoma City cement finisher won a tax court decision on this point. He had claimed deductions for work clothes, autos and other items, but the court disallowed most of these facts except small allowances, leaving Thompson to settle the remaining tax due under Stein-by-stem rulings.
MENTIONED IN THIS ARTICLE
Ashington
Willard L Thompson
Okahama City
U. S
Thompson
The
Revenue Bureau
Richard L. Disney
Stoutompson
Sades
Bureau
Red China denounces U S pledge and invasion claims
Peiping official radio in London criticized President Truman and Dean Acheson, saying the United States has invaded Chinese territory and seized Taiwan. It accused Washington of bellicosity, denied any misunderstanding, and attacked Senator Knowland’s call for a neutral zone near the Yalu as Western aggression.
MENTIONED IN THIS ARTICLE
London
China
Truman
Peiping
America
United States
U. S
Dean Acheson
Formosa
Vietnam
Indochina
U. S. Seventh Fleet
U.S
Yalu River
Yalu
California
Order Drafted to Cut Copper Use
Washington dispatch reports the National Production Authority drafting a civilian copper use cut. The size of the cut is not announced but reportedly may be 25 to 30 percent affecting telegraph and telephone systems radios television sets cars and many household appliances.
MENTIONED IN THIS ARTICLE
Washington
National Production Authority
Propaganda Effect Noted in Korea War
TOKYO Nov 38. A headquarters spokesman said today nearly 40 percent of 2838 Red prisoners questioned cited United Nations broadcasts and air dropped leaflets as influencing them to quit fighting. He noted U N planes dropped nearly 10,000,000 leaflets over Communist troops between Nov 8 and 14, bringing the war total to 117,000,000. The leaflets included safe conduct passes and general U N news printed in Korean and Chinese.
MENTIONED IN THIS ARTICLE
TOKXO
United Nations
U. N
Japanese Fishermen Warned by Yankees
Santa Barbara November 18. Warning issued to Japanese fish ermen to stay out of North American waters by Pacific Coast fishing industry officials. WC Arnold of Seattle told two Japanese delegates that Nippon must keep fishing operations at a respectable distance or serious trouble will result. Japan’s prewar fishing ranged into American waters and caused disputes.
MENTIONED IN THIS ARTICLE
Santa Barbara
North American
Coustry
WC. Arnold
Seattle
Association of Pacific Fisheries Conference
Nippon
Japan
American
Obituaries from Long Beach area residents
Obituaries note Jennia Elders of Casa Bonita Long Beach area and relatives in Mason City Grinnell and Long Beach. Bertram Frank Sheldon 36 of Oregon Ave Long Beach funeral Monday at Long Beach Ward chapel. Marion Orman James 74 Victory Blvd Long Beach died in hospital with son Jack M. listed. Ferdinand Smith 59 Pine Ave native of Bunkie La veteran WWI. Robert Frank Berry 171 Eighth Street Long Beach resident since 1910 with siblings listed. Funeral arrangements and burial details provided by local mortuaries.
MENTIONED IN THIS ARTICLE
Jennia Elders
Casa Bonita
Sixth St
Grinnell
Iowa
Mason City
Eee
Anna Ae
Mra
M. Hoag
Sheldon
Bertram Frank Sheldon
Oregon Ave
Long Beach
Latter-day Saints
10Th St
Pine Ave
William T. Appleberry
Spongberg Moris
J. Sheldon
Young Men‘s Mutual Improvement Association
James
van Nuys
Marion Orman James
Victory Blvd
Jack M
Veterans Administration Cemetery
West
Los Angeles
Mottel’s Mortuary
Berry
Robert Frank Berry
Eighth St
Taylorville
William Oglesby
Springfield
Chauncey E
Lichfield
Carl Berry
Ay Coon
Fragments Reflect Local Notices and Obituaries
Fragmented OCR snippets show names like Grace and Mra, officiants B. St Willem Nickerson and Rev. Anderson, with scattered times and places such as 2 Pm and Tremonti. Readable items hint at funeral services or family notices. details are incomplete and disorderly.
MENTIONED IN THIS ARTICLE
Faneret
Grace
Also Mentioned on This Page
G. A. Phillips
Paul H. Macgregor
F. Hutton
Pittsburgh Papers
Man
Ernie
Mrs. Mazzoli
Rian
Marian
Jean
Gino
Minotola
Frank Mazzoli
Hilda
Gino Pioppi
Picppi
Armando Ploppi
By Emmet F. Riordan
Ventura Ave
Wilmington
General Petroleum
Harbor Community
Harbor Community 23
Southern Pacific
Oklahoma
Southern California
Rly
Perma
Saftomrine
Rt Stra
Necaies
EME Saute
Avalon
Cota
Rt - San
St Bishop Beaumont
Ocenunide Riveirry
Dante Am
Blythe i
Palm
Seneseve
Albuquerque
Halesbi
Reno Uo
Etro
Roswell
Amarilla
Apolia
Bekerstiad
Biamarck
Kansig
San Antonio
Wrtuten Ienita
Denver
North Atte
Winnemucca
Des
Bendis
Winslow
Philadelphia
Yellowstone
Dodge Dunth
Aeziaty Pune
Bornapa
Ora
L.A
L. A. Sawyer
Red China
Korea War
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