Price Wars Open New Window on Dormant Buying Power
In New York department stores, price wars lift sales 25 percent from last year as bargain hunters move goods. The piece argues the war reveals ongoing demand and purchasing power, while warns small retailers may be squeezed as big players outlast competition.
MENTIONED IN THIS ARTICLE
New York
Supreme Court
Federal Reserve Board
Religion Runs Higher When Market's Low
AP reports a nine year cycle linking stock declines with spikes in new members for Presbyterian and Congregationalist churches. Data from 99 years show ten peaks, with 1904 1931 and 1940 as exceptions, and 1949 reaching all time highs. The study notes no definite cause and raises fear and boldness as possible factors.
MENTIONED IN THIS ARTICLE
Howard W. Blakeslee
New York
Presbyterian
Foundation For the Study of
New York City
West Pointers Visit Wright Patterson Base
Dayton AP report says about 200 West Point cadets arrived at Wright Patterson Air Force Base with 300 more due for a four day inspection. The class of 1952 attended graduation exercises yesterday and will tour Army installations nationwide to gain first hand knowledge of military functions.
MENTIONED IN THIS ARTICLE
Dayton
Wright- Patterson Air Force Base
West Point
Air Force Base
Diesel Ships Urged for Inspection by Frazier Reams
Rep Frazier Reams of Ohio told the House Merchant Marine Committee that diesel powered boats and other motors should fall under ship inspections laws, noting current rules cover only about half of coastal and inland vessels. He cited the tug Sachem which exploded and sank on Lake Erie after diesel installation as an example.
MENTIONED IN THIS ARTICLE
Washington
Frazier Reams
Ind-Ohio
House
Merchant Marine Committee
Sachem
Lake Erie
Reams
Ohio Methodist Pastors Average 9% Salary Hike
Methodist Church in Ohio boosted ministers salaries by an average of five percent. total minister salaries rose to 1,757,664 in 1951 from 1,672,719 in 1950. Donations reached 8,360,839 while per capita gifts varied due to untallied gifts to institutions and special causes. Julius R. Chandler and Bert D. Stevens led notable membership gains, with district honors awarded to Dr. John R. Cheney and Dr. Otis Young.
MENTIONED IN THIS ARTICLE
Lakeside
Methodist
Ohio
Lester L. Roush
Columbus
Roush
Conference
Hazen G. Werner
India
John R. Cheney
Toledo
J. Otis Young
Cincinnati
Julius R. Chandler
Blue Run
Final Approval Expected Soon On India Grain
Washington AP reported House and Senate conferees forecast rapid approval of a compromise bill to ship 2,000,000 tons of U S grain to hunger afflicted India. The measure would be financed by a 190 million dollar U S loan. First vessel could leave within ten days after final passage.
MENTIONED IN THIS ARTICLE
Washington
Senate House
U.S
India
Richards
D-Sc
House Foreign Affairs Committee
House
Senate
U. S
James
ECA
Low bids named for road repair projects
The State Highway Department announced several low bids on highway repair work. Low bidders include D. S. Cisle on 6.85 miles of U. S. Route 25 in Liberty and Union townships for 43 035 dollars. Walter Follmer on 2.80 miles of State Route 73 in Milford Township for 17 050 dollars. L. P. Cavett on multiple projects including 6.44 miles of State Route 132 in Harlan and Washington townships in Warren County. Follmer also bid low on 46 miles of State Route 133 in Harlan Township, Warren County. The McGuffey readers sale exceeded 122000000 copies.
MENTIONED IN THIS ARTICLE
State Highway Department
D. S. Cisle
Hamilton
Liberty
Union Townships
Walter Follmer
Milford Township
Butler County
L. P. Cavett
Lockland
Harlan
Washington Townships
Warren County
Follmer
Harlan Township
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China
Mao
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Denier