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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Apr 22, 1949
Page
2
American Telephone and Telegraph common stock opened today with a gain after yesterday's 1% drop. The decline yesterday was tied to holder approval of a large financing plan involving additional stock distribution. The market was cautious as several large blocks of stock changed hands, including a 25,000 share block.
Investors tugged shares on balance with prices largely unchanged at 3 percent in thin trading. Higher prices were paid for Air Reduction Bethlehem Steel Chrysler International Pac and Southern Pacific while sets included American Radiator, International Nickel, General Motors, Loew's, Montgomery Ward, NY Central and Standard Oil NJ.
The Ohio House Labor Committee endorsed a revised jobless compensation bill expanding benefits for workers idled by strikes. The measure raises maximum benefits to 25 dollars for 26 weeks and increases dependent child payments from the employer penalties pool while shortening the waiting period to one week.
The Mayfield PTA sponsors a talent show at the school Friday at 8 p.m. Mrs Harold Nobel chairs the Ways and Means Committee and will oversee the event.
A rough estimate suggests it would take about 500,000 full moons to match the sun’s brightness. The comparison highlights the vast difference in illumination between lunar and solar light.
PORTSMOUTH N H AP Joseph Harda a Steubenville Ohio sailor was reported critically ill last night after he drank fluid used in a duplicating machine The lethal drink killed William Brown Jr USN of Baltimore Md and hospitalized six other sailors and a Marine Harda and five others were in critical condition and two were reported serious Capt John B Griggs chief of staff at the Portsmouth Naval Base said all nine men were
Inmates in the disciplinary bar racks were exposed to duplicated fluid in cans labeled plainly poison not to be taken internally. Captain Griggs reported the occurrence and noted the labeling as a safety precaution while investigating the incident.
Final plans for a district com clave to be held in Hamilton on April 23 and 24 were made at the Moose Club weekly meeting yesterday. Three new candidates were initiated into the lodge while eight petitions were read and approved by the group.
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