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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 26, 1952
Page
3
Industry views a recovering yet uncertain 1952 economy with labor tensions, defense decontrol shifts, and ongoing tax pressures. Production slows but may rebound after strikes. construction expands with high public spending, while civilian goods face weak demand and rising costs. Retail gains lift earnings hopes for the second half.
The 1952 steel strike enters its 25th day with 650,000 idle steelworkers losing wages totaling about 253 million dollars. Allied industries report 216,320 laid off after July 3, while auto plants face heavy layoffs including 30,000 in Michigan. General Motors expands layoffs to Saginaw, with Fisher Body idling 3,200 in Cleveland. Canton, Duquesne, and Chicago area relief efforts rise as officials press mills to resume operation.
New York June 25 War ren Giles president of the National League disallowed the Giants protest of their 8 1 defeat by Pittsburgh at the Polo Grounds last Thursday umpire Babe Pinelli reversed a call at the plate Giants asked to state their case and Giles said there can be no protest of an umpire s judgement The hearing was a courtesy by the league president.
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