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Commodity markets retreat as prices slip across corn wheat cotton and meats. Safeway cuts 105 meat item prices while railroads raise passenger fares and steel and supply firms implement price boosts.
17 Feb 1948
Page 1
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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Feb 17, 1948
Page
1
Commodity markets retreat as prices slip across corn wheat cotton and meats. Safeway cuts 105 meat item prices while railroads raise passenger fares and steel and supply firms implement price boosts.
The Beverage Retailer Weekly reports a January 19 testimonial dinner for Benjamin F. Pross, union executive, attended by labor and industry leaders. It alleges Pross runs multiple AFL locals, has prior bankruptcy fraud convictions, and faced U S attorney Edgar H. Rossbach in Newark before Judge Meany amid Hue Hague influence.
Senator Elmer Thomas of Oklahoma said Senate investigators raided the office of a business associate and his financial adviser to find dirt on him. He described the commodity-trading inquiry as a closed matter and urged Senator Ferguson to conclude the probe.
Neils Francis Rebholz, a 16 month old boy born in Rome to a father who left the U S at 19, departs from New York on a plane to Copenhagen with Miss Dee Rosner as guardian. The case hinges on the 1940 Enemy Act which denies citizenship to children born abroad when the parent did not meet U S residency. After a year with his maternal grandmother in Copenhagen, he may return as a Danish immigrant seeking naturalization in the United States.
Earl K. Long gave a statewide radio accounting of income since he started working. Rep. F. Edward Hebert cited figures on income taxes as part of the dispute with Sam H. Jones. Rep. Everett M. Dirksen called an income tax case against Long fraud.
U S army reports two liaison officers Major Daniel G. Costello and Major Richard C. Biggs were manhandled and briefly arrested near a North Korean parade in Pyongyang. They were released unharmed after about 50 minutes as Soviet officers watched.
The new state tuberculosis hospital at Ruston will begin accepting patients tomorrow with capacity for about 250 acute and chronic cases. It will serve both white and Negro tuberculars and may receive transfers from New Orleans Charity hospital and Greenwell Springs TB hospital. Dr. Herbert Tucker is superintendent.
The Palestine commission, including five UN member delegates, warned that the United Nations partition plan for Palestine will fail without international armed support expected by May 15. They urged the Security Council to authorize a force to back the mandate’s goals of ending the British mandate and creating Jewish and Arab states by October 1.
New York City voters face a Bronx special election for a U S House seat as Henry A Wallace backs Leo Isacson of the American Labor party against Democrat Karl Propper. Isacson could cut into Propper's normally secure Democratic majority in the 24th district Ben Rabin won 46 percent in 1946 with Isacson at 27, Propper's margin uncertain. Eleanor Roosevelt backs Propper. Mayor O Dwyer urges Wallace return to the Democratic fold.
Five US airmen attached to Templehof Berlin faced trespassing charges after entering Poland without visas to pick up Ambassador Griffis in London. Lt John Egan and Lt Richard Eaton pilots, Lt Lyle Maurer, Sgt Bruly Pierce, and Sgt Robert Belcher were held at Okecie airport and in a Warsaw hotel while talks with embassy continued.
The Senate foreign relations committee approved 13 to 0 a four year European recovery program starting with 5.3 billion dollars for the first year. Three billion would be appropriated now for an April start, with most funds spent after July 1, and nations receiving aid must balance budgets as soon as practicable per the bill. Senator Vandenberg noted this aims to stress balanced budgets as a condition.
The Tombigbee flood crest moved past Columbus Mississippi Monday night and headed toward the Alabama line. Demopolis is next as the river crosses the state boundary below Columbus. About 400 Columbus area families were evacuated or aided by Red Cross and roughly 100 in Aberdeen.
A dense fog covered the entire state of Louisiana and most of Mississippi except the far north this morning. By mid morning, obscurity was clearing in many areas including Monroe Shreveport Crowley New Orleans as forecasts predicted partly cloudy skies and warm temperatures into afternoon through Wednesday with gentle to moderate coastal winds.
The third in a series of cancer workshops will be held at Hotel Virginia on Thursday. Mrs. Julius Chandler, commander of the Fifth district Louisiana division of the American Cancer Society, says the event offers parish commanders and district co workers a chance to plan an organized cancer education and service program for the year. The program features remarks by state and parish leaders, a luncheon with Dr Ambrose Storck and Dr John Snelling speaking on society activities and education, and sessions on organization and publicity. The event is open to all interested in community health.
U S aircraft carrier Midway reports seven officers and men missing after a Liberty launch sank off Hyères islands near Toulon. Earlier reports ranged from 15 to 40 missing as sea was rough and investigations focus on whether men drowned or failed to report back from shore leave.
Washington February 17 The Senate banking committee unanimously favors extending rent controls 14 months with changes while the House banking committee votes 18 to 5 to continue the existing law for one month. Leaders expect a compromise by February 29 as both chambers seek a longer extension.
Moscow says U S and Britain sought separate peace with Germany during WWII. It cites Allen Dulles and Lord Beaverbrook's son as envoys and claims talks occurred in 1941 to 1943 in Lisbon and Switzerland. Russia asserts Britain and France aimed to provoke war with the USSR in 1940.
F B I agents investigate complaints from thousands of ex G I s that builders gouged veterans in housing. Reports of chiseling come from major cities including Los Angeles Baltimore New York New Orleans Miami Dallas and Chicago. Morris Verner notes 26900 veterans appealed to his unit as contractors sometimes shorted rooms or widened profits. The housing expeditor compliance division monitors builders and sellers for regulatory compliance.
President Truman urged a conference of women leaders to use consumer power to fight the high cost of living. He said women control much of the nation’s wealth and daily spending on food clothing education and better living and urged persistent action to advance civil and political rights.
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