Truman's Dual Moves Roil Steel Prices and Markets
President Truman plans to retire in January and to hold steel prices steady, a move that shifts the threat of a strike. The decision to charge higher wages to profits unsettles both unions and business leaders, with markets watching closely for impact on steel output and inflation.
MENTIONED IN THIS ARTICLE
Sam Dawson
New York
Truman
Springtime Ode and Economic Shifts Amid Labor Woes
Gordon Martin writes a lyrical spring ode praising April and Old Lady Springtime, while the page also reports on President Truman’s nonre-election decision impact. Businessmen weigh wage controls, labor relations, and defense spending with Wilson’s resignation prompting steel price debates and potential shifts in foreign aid and policy.
MENTIONED IN THIS ARTICLE
Defense
Wilson
Truman
White House
Wage Stabilization Board
Republic's Peak Year Sales Signal Strong 1951 Outlook
Republic Steel Corp announces a record 1951 sales volume of 1,060,371,877 dollars and projects higher operating rates into the first half of this year. Chairman T. M. Girdler and President C. M. White expect demand to plateau in some steel-consuming sectors while other industries face material shortages.
MENTIONED IN THIS ARTICLE
Cleveland
Republic Steel Corp
T. M. Girdler
C. M. White
Republic
Wholesale Price Index Revised Base Period Adopted
The Bureau of Labor Statistics overhauled the wholesale price index with a new base period and method. Old index discontinued in December 1951. new weights, classification, and calculation apply back to 1926 for annual and monthly comparisons.
MENTIONED IN THIS ARTICLE
Bureau of Labor Statistics
Federal Reserve Bank of Cleveland
Federal Reserve Department Store
Bank
Hot Rod Driver Caught After Seattle High-speed Chase
Seattle police arrested John D. Acheson after a five mile chase through downtown and over the Lake Washington floating bridge. The 248 horsepower 1940 Ford coupe with three carburetors was said to reach 140 mph and was charged with speeding and reckless driving.
MENTIONED IN THIS ARTICLE
Seattle
John D. Acheson
Acheson
Lake Washington Floating Bridge
Conspiracy Trial to Go to Jury in Baltimore Case
The trial of six defendants accused of conspiring to violently overthrow the government goes to the jury after final instructions by Federal Judge W. Calvin Chesnut. The judge's directions may take one to two hours, with jurors likely to begin deliberations around noon.
MENTIONED IN THIS ARTICLE
Baltimore
W. Calvin Chesnut
Write-In Campaign Begun At University in Indiana
The write in campaign for Eisenhower began at Indiana University in Bloomington. Students were asked to submit write in votes for Gen Dwight D Eisenhower for student body president this Thursday. Dave Robertson of Princeton Indiana proposed the idea to show Eisenhower sentiment among youth.
MENTIONED IN THIS ARTICLE
Bloomington
Ind
Dwight D. Eisenhower
Indiana University
Dave Robertson
Princeton
Eisenhower
Ice Blocks Ore Ships Delays Hit Lake Superior Route
In Cleveland authorities report unexpected heavy ice in the lower St. Mary's River blocking ore ships from reaching Lake Superior. Lake vessels due to clear lower lakes ports Monday are delayed or planned to tie up at ports below the river.
MENTIONED IN THIS ARTICLE
Cleveland
St. Mary's
Lake Superior
Lower Lakes
NYC To Convert Collinwood Shops
The New York Central Railroad announced failed plans to convert its Collinwood Ohio steam locomotive shop into a multi million dollar diesel repair facility. Completion was expected early 1953 and the shop would handle heavy repair and overhaul work on the Central’s diesel fleet except for Detroit Chicago area switch engines and Canadian line power.
MENTIONED IN THIS ARTICLE
New York
New York Central Railroad
Collinwood, O
Collinwood
Central
Detroit - Chicago
Artists Use Aluminum Sheeting for Oil Paintings
Artists replace canvas with aluminum sheets for oil paintings, citing new textures and durability as a practical alternative. The shift reflects experimentation with materials in contemporary studios and galleries nationwide.
Officer's Wife May Have Cost Government Million Dollars
Senate investigators probe waste on a North Africa air base project halted by Mrs Leonard Haseman wife of a lieutenant colonel in the Army engineers. Her objection to crowded housing led to redrafted 120 foot lots doubling roads plumbing and electrical work and may add hundreds of thousands up to over a million dollars in costs at a Casablanca near Casablance base.
MENTIONED IN THIS ARTICLE
Washington
Senate
North Africa
Leonard Cmman
Army Enginers
Lyndon B. Johnson
Senate Preparedness Subcommittee
Army
Casablanca
French Morocco
Haseman
Pace
Downey Rice
Rice
Akron Strike Halts City Transit And Rubber Plants
Akron faced a transit paralysis as 450 bus drivers and 100 mechanics walked out. The walkouts halted service amid a nationwide strike wave affecting 18,000 rubber workers at Firestone, Goodyear, and Goodrich plants. Office workers at Goodrich also protested a bargaining dispute.
MENTIONED IN THIS ARTICLE
Akron
Akron Transportation Co
Firestone
CIO
United Rubber Workers
B. F. Goodrich Co
Goodrich
URW
Goodyear Tire & Rubber Co
Chicagoan Flies To Moscow Talks
Chicagoan Edmund J. von Henke president of the American Electric Fusion Corp. departed with his wife for an economic conference in Moscow set for April 3 10. Von Henke born in Russia but now an American citizen said a Russian Embassy official told him he was the only American applying for a visa to the meeting.
MENTIONED IN THIS ARTICLE
New York
Chicago
Moscow
Edmund J. von Henke
American Electric Fusion Corp
von Henke
Russia
UN Bloc Seeks Urgent Talks on Tunisia Crisis
The Asian African bloc at the United Nations prepared a formal request to the Security Council for an immediate meeting on the Tunisian conflict. Twelve nations signed a letter urging council action as France faces a mounting crisis over its North African protectorate.
MENTIONED IN THIS ARTICLE
United Nations
France
Security Council
Council
Sohio Net Income Rises 1951 Earnings Per Share
Standard Oil Company of Ohio reports 1951 net income up 15 percent from 1950 to 23,164,581 dollars. Total earnings per common share after preferred dividends stand at 5.54 dollars, up from 5.30 dollars in 1950, with 1951 net income and per share figures detailed in the annual report.
MENTIONED IN THIS ARTICLE
Standard Oil Company
Ohio
French Commissioner for Indochina Named
Paris reports the cabinet named Jean LeTourneau high commissioner for Indochina to fill the post left vacant by the January death of Marshal Jean de Lattre de Tassigny. LeTourneau, currently cabinet minister for Indochina, assumes the key post.
MENTIONED IN THIS ARTICLE
Paris
Jean LeTourneau
China
LeTourneau
Indochina
Marshal Jean de Lattre de Tassigny
Woman Flier Quits Over CAA Policy Claims Socialism
Phoebe F. Omlie, the first woman to win a federal pilot's license, resigns as special assistant to the Office of Aviation Development at the Civil Aeronautics Administration. She charges the Truman administration is socializing civil aviation and warns policy committee trends will liquidate America's aviation industry and push for government ownership.
MENTIONED IN THIS ARTICLE
Washington
Truman Administration
Phoebe F. Omlie
Office of Aviation Development
Civil Aeronautics Administration
CAA
America
Cherry Trees to Bloom Next Weekend in National Park
Washington DC’s National Capital Parks Association reports that single flowering Japanese cherry trees, a traditional spring sight, will come into bloom next weekend and remain in blossom through the period. The announcement highlights the seasonal display as a citywide attraction for visitors and residents.
MENTIONED IN THIS ARTICLE
Washingson
National Capital Parks Association
Cooling Units Arrive for July Conventions at Amphitheatre
Two large air conditioning machines arrived in Chicago for installation at the International Amphitheatre where the two national conventions will be held in July. The move aims to ease comfort for delegates and attendees during the political events.
MENTIONED IN THIS ARTICLE
Chicago
International Amphitheatre
AF Officer At Dayton Resigns Under Fire
Dayton Ohio former Wright Patterson Air Force Base contracting officer Lt Col Irwin M Ryan resigns under investigation for alleged irregularities. Air Force officials state he offered false official statements and engaged in conduct incompatible with standards of personal integrity and officer conduct.
MENTIONED IN THIS ARTICLE
Dayton, O
Wright-Patterson Air Force Base
Air Force
Irwin M. Ryan
Easter Weekend Spokesman Comment Sparks Discussion
A spokesman noted during the Easter weekend that further details would be released shortly, signaling ongoing discussions and potential developments without committing to a firm timetable or outcome.
Sailor Earned Money In Jail
Elyria Ohio report: Seaman David Hazlerigg, 35, earned $130 while a four month Lorain County jail stay as a witness in a pickpocket case. He received $1 per day but was released Monday before testifying as the sailors pleaded guilty.
MENTIONED IN THIS ARTICLE
Elyria
David Hazlerigg
Lorain County
Hazlerigg
No Insects Live in the Ocean
A brief note states that insects do not inhabit seawater environments. No aquatic insect species are reported as part of marine ecosystems.
Beverly Studio Lamination Service Ad
Men save valuable pictures and documents with the new lamination process. Includes wedding and birth announcements, newspaper clippings, social security cards, service discharges, wallet pictures, licenses. Beverly Studio, 20168 Queen Street. Dial 3-1035.
MENTIONED IN THIS ARTICLE
Beverly Studio
QUEEN
Dial
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