Inflation threat seen easing by business leaders
A panel of a dozen top businessmen says they believe the peak of business activity may be reached or passed and that inflation dangers are fading while a price downturn may lie ahead. They warned the reaction from one federal economist about the outlook is cautious. The meeting, the first in a series arranged by Prentiss Coonley and Ernest A. Tupper, discussed a changing business psychology and cautious corporate buying as costs potentially decline.
MENTIONED IN THIS ARTICLE
Ing
Prentiss Coonley
Ernest A. Tupper
Coonley
Tupper
Che Erup
Cosoners
Home Ee
Gorge of ice forms on Ohio River near Cincinnati
A severe cold wave drives temperatures from minus 20 to plus 10 as a massive ice gorge forms in the Ohio River above Cincinnati. Ice sheets 15 to 20 feet high threaten barges and ships, with the river rising over three feet and a dam forming near Anderson’s Ferry. The rush of ice endangers vessels, while central Ohio endures record cold and industrial slowdowns with coal and fuel shortages.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Cincinnati
Ohio River
Anderson's Ferry
Youngstown
Cleveland
Akron
Dam 36
Coney Island
Ohio River Division Corps of Engineers
Os Bays
Aviguctel
Republic
Pope Blesses Jewish Charity Drive At Vatican
Pope Pius XII invoked God’s blessing on Jewish charity efforts as a delegation of 28 American Jewish leaders in Europe reviewed the United Jewish Appeal campaign aiming to raise 250 million dollars for Jews in Europe and Palestine. The Pope warned against destructive weapons and called for peace as scientists discussed atomic era advances.
MENTIONED IN THIS ARTICLE
Vatican City
Pius XII
Europe
United Jewish Appeal
Palestine
American
United States
Italy
Eire
Austria
Belgium
Portugal
Holy See
St. Augustine
Rag-Wrapped Spinster Found Dead in Junk-Filled House
Elsie Wolff 43 was found dead in a crumbling two story frame house on Long Island after police forced entry. Her sister Edith 47 cared for her and said their mother wanted them to live there. The sisters lived frugally with about 100000 in wealth and 12000 in a bankbook. electricity gas and water were absent.
MENTIONED IN THIS ARTICLE
Elsie Wolff
Edith
Elsie
Yok Universit
Harry
Lynbrook
Long Island
Lena
Veteran Toledo columnist William Dewolfe dies at 74
TOLEDO AP William T Chub Dewolfe 74 veteran Toledo Blade columnist died today in St Vincent s Hospital of pneumonia A Findlay native he began as a reporter in 1901 worked for the old Toledo News Bee before joining the Blade decades ago His column The Folks chronicled local people and past events attracting a wide following.
MENTIONED IN THIS ARTICLE
Toledo
William T “Chub” Dewolfe
Toledo Blade
St. Vincent's Hospital
Findlay
Previ
Ledo News-Bee
The
Blade
Two Thousand Moslems Killed in Kashmir Battle
New Delhi report says Indian troops and Kashmir forces have killed well over 2,000 Moslem intruders in a major battle in northern Kashmir. Two foreign-looking officers were among the dead, as India blames Pakistan for supporting tribesmen amid the Gandhi assassination aftermath. The UN Security Council address the dispute. The Alwar investigation noted with Maharajah Tej Singh and Premier N B Khare summoned.
MENTIONED IN THIS ARTICLE
New Delhi
Kashmir
India
Pakistan
United Nations Security
Funci
Senate group reshapes Marshall Plan in push for loans
The Senate Foreign Relations Committee begins reshaping the Marshall Plan with reports that Republican leaders may earmark 1.5 billion dollars for loans only. Rep Herter of Massachusetts pushes setting aside aid for self paying projects abroad while Taft notes a restriction idea without final approval. Truman asked 6.8 billion for 15 months post April, with talks of substantial outlay cuts and possible compromises to win majority support. Capehart seeks RFC alternative with dollar-for-dollar European subscriptions and recovery funds lent to foreign entities.
MENTIONED IN THIS ARTICLE
Washington
Senate Foreign Relations Committee
Rep. Herter
Mass
Taft
Ohio
Truman
Capehart
Indiana
Eec
Apehart
Reo
International Reconstruction Finance Corporation
United States
Interest refunds cut demanded on tax overpayments
Government reports six percent interest on tax refunds and notes overpayments totaling 2.897 billion dollars for the fiscal year ended June 30. Edwin W. Pauley Eddie Cantor and United States Steel Corp were among large recipients. Major corporate refunds include General Motors Ford Motor Chrysler New York Central General Electric Westinghouse Sem neviv enia Erie Chesapeake and Ohio and New York Chicago and St. Louis railroads.
MENTIONED IN THIS ARTICLE
Washington
Edwin W. Pauley
Eddie Cantor
United States Steel Corporation
General Motors Corporation
General Motors
Ford Motor Company
Chrysler Corporation
New York Central Railroad Company
General Electric Company
Westinghouse Electric Corporation
Semnevivenia Railroad
Bank Director Dies in Cincinnati Hospital
William L. Stinson aged 88 longtime organizer and director of the Citizens National Bank of Chillicothe died yesterday in a Cincinnati hospital He had served as a National Bank director in Washington Court House since 1953.
MENTIONED IN THIS ARTICLE
Washington Court House
Oap
William L. Stinson
Citizens’ National Bank of
Downdraft Blamed in Plane Crash in New Mexico
In CLOUDCROFT New Mexico an airplane crash on a Sacramento mountain killed Gerald D. Champion New Mexico Republican chairman. Investigators blamed a treacherous downdraft and adverse weather for the fatal incident.
MENTIONED IN THIS ARTICLE
Cloudcroft
N. M
New Mexico
Gerald D. Champion
Sacramento Mountains
Cugat Sprains Finger After Ballroom Tussle
Hollywood AP brief reports Xavier Cugat suffered a sprained finger after a two punch scuffle with dress designer Oles Cassini in the Mocambo lobby after midnight Saturday. Spectators describe a brief fight as Cassini and Cugat exchanged swings while Cassini spoke to Cugat's wife Lorraine Allen.
MENTIONED IN THIS ARTICLE
Cugat
Hollywood
Xa Cugat
Oles Cassini
Gene Tierney
Lorraine Allen
Mocambo
Cassini
Elderly Man Struck By Auto on Central Avenue
Harry Humphreys a 72 year old resident of 808 Fifth Ave suffered a fractured left ankle when struck by a car driven by Robert Conrad 22 of 1 at Broad Street and Central Avenue this morning Police report Conrad was arrested on a charge of failure to yield the right of way and released on to appear in Municipal Court Humphreys was crossing Central Avenue from south to north when Conrad made a left turn from Broad Street onto Central He was taken to Middletown Hospital for treatment
MENTIONED IN THIS ARTICLE
Harry Humphreys
Fifth Ave
Robert Conrad
Broad St
Central Ave
Conrad
Humphreys
Central
Middletown Hospital
Labor Leaders Assail Third Party Movement
In Columbus the Ohio labor movement denounces Henry A Wallace's third party, urging unity to defeat anti labor policies. Phil Hannah warns the endeavor betrays liberal goals and aids reactionary forces, urging focus on congressional foes and wage gains for workers. Delegates plan a five day convention to consider uniting metal workers and CIO rails members, while Green urges real buying power boosts and criticizes shipbuilding inaction.
MENTIONED IN THIS ARTICLE
Columbus
Organized Labor
Henry A. Wallace
Phil Hannah
Ohio
Federation of Labor
Hannah
AFL
Henry Wallace
Is Third Party
America
Wallace
CIO United Rails
Green
Abor
Olin
Congress
Rep
Weichel
House
Merchant Marine Committee
Jack Kroll
CIO
Steel agents' longtime man John F. Corlett dies at 86
John F. Corlett, a steel manufacturers' agent for over 50 years, died yesterday at his Bratenahl home in the Cleveland area. The longtime resident was 86. He had served in the industry for decades and was known for his work with local steel firms.
MENTIONED IN THIS ARTICLE
Cleveland
John F. _. Corlett
Steel Manufacturers
Bratenahl
Escapee Surrenders To Police In Springfield
An Indiana state fugitive known as Cold Hungry gave himself up to Springfield police after walking into a station with companion Joseph L. Kepler, 26, who was captured earlier in Shirley, Indiana when a veteran shot at the convicts during a car theft attempt. Kepler was wounded and hospitalized, while Holland wandered to a railroad yard and boarded a train toward Springfield.
MENTIONED IN THIS ARTICLE
Springfield
Aungry
Indiana
Freak Plane Mishap Under Investigation
A freak plane mishap aboard an Eastern Air Lines Constellation killed a flight attendant and endangered 68 others. Capt Henry Merrill and Pilot W E Johnson steered toward an emergency ditch at a deserted Navy field after the No 3 propeller ripped the fuselage and the No 4 engine failed. The craft was en route Boston New York to West Palm Beach and Miami and was over the Atlantic off Georgia when the disaster struck.
MENTIONED IN THIS ARTICLE
Miami
Fla
Eastern Air Lines Constellation
Bunnell
Fila
Henry T. Merrill
EAL
Kirwan Denies Miller Charges in Ohio Governor Race
Youngstown AP report states Representative Michael J. Kirwan says he neither supported nor opposed Ray T. Miller in the Democratic governor race. He cites a past dispute over Paul Aiken’s appointment as second assistant postmaster general, noting Aiken was born in Kansas and not Ohio.
MENTIONED IN THIS ARTICLE
Youngstown
Michael J. Kirwan
Ray T. Miller
Kirwan
Miller
Warren
Frank J. Lausche
White House
Paul Aiken
Miler
Aiken
Ohio
Kansas
Posse hunt for slayer of Redlands girl in Beaumont
In Beaumont California AP reports volunteers joined mounted sheriff's deputies to track down the killer of 17 year old Marjorie Lee Winn who died after a roadside attack as she sat in a car with 18 year old James Sloan a University of Southern California freshman returning from a Palm Springs rodeo The assailant demanded money shot Miss Winn and fled after the gunfire the girl dying shortly after at a farmhouse where Sloan sought aid
MENTIONED IN THIS ARTICLE
Beaumont
Cal
Sheriff's Deputies
Marjorie Lee Winn
Redlands
James Ee
University of Sonern California
Palm Springs
Sloan
Miss Winn
Jim
Five Seamen Lose Lives In Pacific Gale
Five seamen die in a Pacific gale as heavy 75 mile per hour winds and mountainous seas batter shipping along the northwest coast. A freighter grounded and a small craft sank while numerous sailors were injured. Weather data show extreme cold with subzero readings across several Midwest and northern states as a low pressure system lingers.
MENTIONED IN THIS ARTICLE
Pacific
Chicago
Sy Tony
Pacific Northe
Chicago Weather Bureau
Rockford
Moline
Duluth
Minnesota
Des Moines
Iowa
Ohio
Rubber Workers Seek 30 Cent Pay Increase
The CIO United Rubber Workers Union seeks a 30 cent hourly raise for its 200000 members aligning with a recent CIO policy motion. The executive board discusses strategy as industry contracts expire later this year with 60 day reopening clauses. President Buckmaster cites restoring living standards amid rising costs while proposing welfare, insurance, and retirement funds from part of the increase. Automatic raises via cost of living bonuses and per local unions’ participation are debated. The current average hourly wage hovers around 1.32 dollars.
MENTIONED IN THIS ARTICLE
Cleveland
CIO United Rubber Workers Union
CIO- Man International Policy Committee
International Ccutive
International Union
L. S. Buckmaster
Also Mentioned on This Page
Ike
Dwight D. Eisenhower
Columbia University
New York
Addyston
Madison
Ind
Pope
Senate Group
Erie Railroad
Chesapeake and Ohio Railroad
Chicago and
Margaret Walker
Syracuse
N. Y
Michael Walker
L. Ottoman
B. Stanton
Mary Sharp
Cugie
Real League
Labor Department
State Federation
Michael J. Lyden
New League
Kirwin
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