War moves, naval air actions widen Korea front
Detailed report from the Korean War front describes Changnyong and Chindong offensives, U S forces resisting Red counterattacks, Marines and army units extending lines, and naval air and surface bombardment from multiple ships. Western warships bombard Inchon while carriers launch hundreds of sorties with land air support.
MENTIONED IN THIS ARTICLE
Changnyong
Fifth Regimental Combat Team
U. S. First Cavalry Division
Naktong
Chindong
Chinju
General Pershing
Korean Peninsula
Tanchon
38Th Parallel
Inchon
Seoul
Kimpo
Truman plan shapes senate finance committee tax push
The senate finance committee moves toward approving new levies totaling about 3.0 billion dollars annually on personal incomes raising the overall at nearly 22.0 billion. It may adopt a graded or flat across the board tax increase with October 1 effective dates affecting individual filers and include a 1.5 billion dollar rise in corporate taxes bringing corporate taxes to around 12.0 billion. The panel also targets taxation of unrelated business activities by tax exempt groups and life insurance investment income with a withholding tax on corporate dividends to capture unreported income.
MENTIONED IN THIS ARTICLE
Senate Finance Committee
Truman
Cotton futures rise on smaller crop forecast
General buying in cotton futures at New Orleans today pushed prices up as much as 8.45 a bale before profit taking trimmed gains. By 11 a.m. the market stood 5.40 to 6.10 a bale higher amid demand driven by a government crop report showing 1950 yield at 10,308,000 bales versus 16,128,000 last year, well below private estimates.
MENTIONED IN THIS ARTICLE
New Orleans
Senate appoints Sevier as president pro tempore
Senators McCormick and Crothers offered a resolution declaring the pro tempore post vacant and calling for a successor. Maxime Roy protested but was voted down as Sevier was elected by acclamation after Richardson praised his long service and contributions. Sevier would preside in the lieutenant governor's absence and stand high in gubernatorial succession.
MENTIONED IN THIS ARTICLE
John McCormick
West Monroe
B. C. Crothers
Ferriday
McCormick
Maxime Roy
Lafayette
Sen
H. H. Richardson
Bogalusa
Sevier
Richardson
Senate
Louisiana Governor Perez clash over constitutional convention
Perez and Governor Long traded sharp charges on a proposed constitutional convention. Perez defended representative democracy and argued against a politburo styled constitution, challenging Long to public debate and asserting he would run as a local delegate. The exchange touched on voter registration, party alignments, and who would name convention delegates.
MENTIONED IN THIS ARTICLE
Wallace
Russell
Long
Senate
Plaquemines
Perez
National Democratic Party
Senate Committee
Louisiana
Stalin
Politburo
A. O. Rappelet
Truman
Dudley Leblanc
George Wallace
Russell Long
Plaquemines Parish
North Louisiana
Joint Assembly
Oscar Guidry
Finance Committee
Times- Picayune
Dad
Dudley
Times Picayune
Shreveport Times
Maestri
Heavy Vote Signals Broad Primary Battles Across States
Idaho voters nominate two U S house seats and all state offices including governor. Nebraska has no senate race this year while Governor Val Peterson seeks a third term. Democratic governor contenders number at least five with four U S House contests. Arkansas primary battles mostly decided in the first July 25 vote as Fulbright and six House members run unopposed.
MENTIONED IN THIS ARTICLE
Idaho
Nebraska
Senate
Val Peterson
House
Arkansas
J. William Fulbright
Gunman killed during wild shooting incident
Harris forced Fansler's daughter Lola Jean and friend Joyce Thomas to his car. Miss Thomas is a friend of the Fansler family.
MENTIONED IN THIS ARTICLE
Harris
Fansler
Lola Jean
Joyce Thomas
Miss Thomas
Car in ditch spurs chase as Lola Jean abducted
A car left the road and rolled into a ditch about a mile and a half away. Two farmers were shot at but unharmed. Harris fled with Lola Jean. Miss Thomas was released unharmed. Thunderstorms hindered search efforts with plans for a patrol plane once weather cleared as 50 to 75 armed men scoured the hills.
MENTIONED IN THIS ARTICLE
Harris
Lola Jean
Miss Thomas
Highway Patrol
Military briefing details tank program and defense rise talks
Marines chief of staff presented a progress report on the army tank program to a house subcommittee. Rep. Philbin declined to comment on Collins report. President Truman received a 30 minute briefing from the joint chiefs, usually briefed by Gen. Omar Bradley. Senator Byrd hinted at planned defense spending increases and urged Truman to inform Congress.
MENTIONED IN THIS ARTICLE
House
Rep. Philbin
D.-Mass
Collins
President Truman
Joint Chiefs of Staff
Truman
Omar Bradley
Joint Chiefs
Byrd
D.-Va
Mr. Truman
Congress
GM Dividend Lifts Auto Stocks in New York Trade
Auto mobile shares surged as General Motors announced a $2.50 special dividend, pushing motor stocks higher with GM leading the gains. The market showed strength as GM stock rose to around $4 a share while other auto makers tracked the advance.
MENTIONED IN THIS ARTICLE
New York
General Motors
Hog market summary from Chicago grain trade report
Livestock notes from Chicago show salable hogs around 8,000 head with prices across weights. Top at 24.25, ranges from 23.75 to 24.25 for 190 to 240 pounds, and 22.00 to 23.00 for 280 to 320 pounds, with lighter and heavier categories also listed.
MENTIONED IN THIS ARTICLE
Monroe
Stan
Chicago
USDA
Mauna Loa Emerges From Pacific Crack
A long fissure in the Pacific Ocean floor gave birth to Mauna Loa, one of the world’s most active volcanoes, forming its massive shield and shaping the Hawaiian landscape over geological time.
MENTIONED IN THIS ARTICLE
Mauna Loa
Pacific
Ex-Lax Heats Up The Happy Medium Laxative Ad
The advertisement touts Ex-Lax as the popular laxative used by millions and doctors alike. It pitches Ex-Lax as not too strong or mild and highlights its chocolate taste. The copy emphasizes easy natural relief and a price of 10 cents.
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156Th Infantry
Leon Sugar
Squenchy
Nettles
Marvin DuBos
Karl Krueger
Steinway
Steinways
Hewitt
Grammont
Leblanc
Mer
Robert Maestri
Silverstein
Ilverstein
Lydia E. Pinkham
Pinkham
A. Burtenshaw
Edwin M. Holden
Rol
L. Summerfield
Mrs. la Vera Swope
the Dykes Co. Inc
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Catalpa
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the Bernhardt
Public Loan Corporation
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America
Merchry
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GALT
Monroe, la