Roger Babson links stock slump to Byrnes ultimatum
Roger W Babson argues the September 1946 market decline stems from Secretary Byrnes Stuttgart ultimatum to Russia. He cites insider knowledge, fears of World War II resuming, and missile threats to U S cities as the core cause, while domestic factors alone cannot justify a bear market. He warns recovery awaits a settled foreign situation.
MENTIONED IN THIS ARTICLE
Roger W. Babson
United Press
Wellesley
Mass
James F. Byrnes
Russia
Stuttgart
Byrnes
Cotton Belt Chief Will Retire Today
Daniel Upthegrove, 75, president and CEO of St. Louis Southwestern Railway, will retire after 24 years as leader. He joined the Cotton Belt in Greenville Texas, later rising to president in 1922 and guiding rehabilitation and motor transportation entry amid changing control during bankruptcy since 1935.
MENTIONED IN THIS ARTICLE
ST. Louis
Daniel Upthegrove
St. Louis Southwestern
Cotton Belt) Railway Lines
Upthegrove
Cotton Belt
Greenville
Texas
The
Goulds
Rock Island
Kansas City ,Southern
Missouri-Kansas-Texas
New York Investors, Inc
Southern Pacific
Berryman Henwood
Growth Continues on Brazil Greybeard Plant on Wires
Brazil's greybeard plant thrives, growing along telegraph wires. Birds nest in its branches, creating a living fabric across the area as the plant continues to spread.
MENTIONED IN THIS ARTICLE
Brazil
Battle Of Man Against Bugs Begins On Planes
Frederick C. Othman reports that insects with built in gas masks hitch rides on planes to Hawaii and beyond. Entomologists warn the battle to control 14-legged bugs has begun as planes spray en route and pests threaten crops and humanity.
MENTIONED IN THIS ARTICLE
Frederick C.othman
United Press
Washington
Hawaii
Paris
Army
Navy
Agriculture Department
Hiroshima
Air Transport Command
S. A. Rohner
Agrculture Department
California
Texas
Honolulu
Hickam Field
Saipan
Pacific
Rohner
OPA Alibi on Meat Is Silly Says Grocers Chief
Houston report notes Pat Stone, secretary of the Retail Grocers association, derides OPA claims that meat shortages stem from price ceilings rather than lack of animals. Stone cites no cattle offerings and Texas as a meat-short state, while Paul Porter replies increments should suffice when livestock marketing normalizes.
MENTIONED IN THIS ARTICLE
Houston
OPA
Pat Stone
Retail Grocers Association
Paul Porter
Albert Thomas
Thomas
Porter
Stone
Texas
Cotton Markets Tumble Then Rally Amid Wide Fluctuations
New York cotton prices swung over 12 dollars a bale this week as traders weighed the September crop report, stock market shifts, and labor and political concerns. The official crop estimate came in below expectations, triggering liquidations before a partial late rally driven by rising textile ceiling prices and higher raw cotton consumption. The August consumption reached 880000 bales, with daily rates at 40000, the peak since November 1943.
MENTIONED IN THIS ARTICLE
New York
U.P
New York Cotton Exchange Service Bureau
United States
Nine New Oil Wells Reported by Texas Railroad Commission
The Texas railroad commission announced nine new oil wells for the week ending Sept 14, raising the state total to 104,926. The daily average allowable output was 2,259,949 barrels, up 4,006 barrels from the prior week. Prince Edward Island is Canada's smallest province.
MENTIONED IN THIS ARTICLE
Austin
Railroad Commission
Ex Marine Tracks Down Sneak Thieves After Robbery
Roland L Hall, a 23 year old ex Marine, recovered a stolen billfold containing 117 dollars in checks from a car at a carnival. He confronted the thief with a .38 pistol, triggering a retreat in the nearby car. Fort Worth and Denton police praised Hall for helping clear multiple burglaries.
MENTIONED IN THIS ARTICLE
Fort Worth
Denton
Roland L. Hall
Aia
Hall
Woman injured but glad after fall from merry go round
Mrs. Thomas Roberts, 70, broke a leg in a fall from a merry go round in Jermyn Pennsylvania. She told hospital attendants the mishap was worth it and that she had the time of her life.
MENTIONED IN THIS ARTICLE
Jermyn, Pa
Thomas Roberts
Fragmentary crime notes link to burglaries in Denton and Fort Worth
Police arrested three men and two women after a gunshot halted a chase. The suspects admitted burglaries across Denton and Fort Worth. Hall displayed all checks except one, which was torn up, an injury he called sore. Mining remains Bolivia’s principal industry.
MENTIONED IN THIS ARTICLE
Denton
Fort Worth
Hall
Also Mentioned on This Page
Lubbock
Avalanche-Journal
Roger Babson
Sec
Epitoreg
Well Street
U. S
New York City
Richard Lovelace
Burnette
Appleton
Wis
Outagamie County
Theodore Burnette
Calaboose
Lubbock, Texas
Tures
Steve J. Dobbs
Paul A. Williams
Tele
Prince Edward Island
Canada
Province
Gang of
Bolivia
F. W. Wollworth CO
H. P
COROC
D. D.T
Eancw
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