Brannan Urges Stronger Price Protection for Farmers
Washington April 7 AP Secretary Brannan told a House subcommittee that current price supports may not prevent farmer losses if demand fails to meet government production goals. He urged better price protection to avert inflation while producers respond to defense needs. He warned of the gamble farmers face and called for continued search for effective devices beyond diverting food to wasteful uses.
MENTIONED IN THIS ARTICLE
Washington
Brannan
Jannan
House Appropriations
Agriculture Department
Buennan
Price Control Under Attack By Economists
WHITE SULPHUR SPRINGS W Va April 7 AP Price Stabilizer Michael V DiSalle faced economists claims that higher taxes and tighter money would curb inflation better than price ceilings Several Chicago economists spoke at The Economics of Mobilization conference joined by government officials and business leaders Another group led by Otis Brubaker urged expanding direct controls to curb bank lending Rep Celler warned banks will follow highest interest yields Banks executives argued voluntary limits may work Burgess predicted reasonable effectiveness The debate centered on federal expenditures and a possible 30 35 percent share of national income if defense spending climbs as projected Budget scope sparked contention with proposals to trim defense and atomic energy costs while others argued the size depends on policy decisions
MENTIONED IN THIS ARTICLE
White Sulphur Springs
W. Va
Michael V. DiSalle
University of Chicago
Otis Brubaker
Congress of Industrial Organizations Steelworkers Union
Brubaker
Rep. Celler
W. Randolph Burgess
National City Bank of New York
Martin Gainsbrugh
National Industrial Conference Board
New York
Paul A. Porter
Office of Price Administration
Defense
Atomic Energy
Joseph Stalin
Model Homes To Be Opened In Westward Ho Manor
Two model homes will be opened for inspection tomorrow in Westward Ho Manor a new housing development extending from Oak Street to Hubbell Street between 32nd and 34th streets. The Mack Construction Company has 20 houses in various stages of construction on the 40 acre tract and has announced ground will be broken for 143 more as rapidly as possible. They are three bedroom units of varying design in the 8900 class. Members of the construction firm are Arthur T. LaPrade Jr Jim McKellar and John Mackay. The trio attended Stanford University together graduating from the law school there in 1948. McKellar and Mackay have been engaged in building operations in California for some time. LaPrade recently joined them in extending their work to Phoenix.
MENTIONED IN THIS ARTICLE
Westward Ho Manor
Oak Street
Hubbell Street
32Nd
34Th Streets
Mack Construction Company
Arthur T. LaPrade, Jr
Jim McKellar
John Mackay
Stanford University
McKellar
Mackay
California
LaPrade
Phoenix
Trustees Approve School Additions
The Maricopa County Board of Supervisors will consider a recommendation by the Alhambra School District Board of Trustees to award Wes Meyer Construction Company a $135,461 contract for building additions at Alhambra and West.
MENTIONED IN THIS ARTICLE
Maricopa County
Cotton Futures Open Steady as Profit Taking Flows In
WEW YORK April 7 AP Cotton futures opened unchanged to 90 cents higher with May 45.39 July 44.83 Oct 39.80 Dec 39.04 March 38.86 May 38.63 July 38.28. Early strength in nearby July lifted the market before profit taking pared gains. By mid morning prices held 0 to 25 cents above prior close with May 45.39 July 44.72 Oct 39.67.
MENTIONED IN THIS ARTICLE
York
Sawyer Cited For Contempt In Shipping Case
Secretary of Commerce Sawyer faces contempt of court for defying a court order to return American President Steamship Line to the Dollar Company. The U S Court of Appeals issued the citation as government seeks to claim stock ownership over loans and subsidies. The case spawns parallel San Francisco actions and an injunction delaying Dollar control while litigation continues.
MENTIONED IN THIS ARTICLE
Washington
Secretary of Commerce
Sawyer
American President Steamship Line
United States Court of Appeals
Dollar Company
Commerce Secretary
San Francisco
George B. Harris
President Line
Harris
R. Stanley Dollar
Bennett Champ Clark
Dress Western Week Sparks Phoenix Cowboy Fashion
Phoenix visitors flock to cowboy clothing during Dress Western Week as stores display Pendleton shirts vaquero ties and hand-tooled boots. Local clothier Joe Porter notes visitors buy multiple items and continue to order by mail after returning home while aviation and industry talk surge across Arizona with Sky Harbor and regional plants expanding and sub contracting amid war and peacetime uses.
MENTIONED IN THIS ARTICLE
Phoenix
East
Central Avenue
Joe Porter
Phoenix Clan of Clothiers
Baltimore
Boston
Paris
Quiet U S Bond Market Opens in New York
In a calm session April 7 in New York the bond market moved little with minor shifts. Debentures of the Bay and Western Railroad fell to 72% while Baltimore and Ohio and St Paul Road bonds eased slightly. Southern Pacific 4s and other rail issuers showed minor gains, and foreign dollar loans such as Copenhagen 4s and Denmark 6s edged higher.
MENTIONED IN THIS ARTICLE
New York
United States
Reen Bay and Western Railroad
Baltimore and Ohio Railroad
St. Paul
Southern Pacific
American Telephone Company
Central of Georgia Railroad
Illinois Central Railroad
Northern Pacific Railroad
Copenhagen
Denmark
Dip In Prices Car Cutbacks Bring Caution
New York April 7 AP A pause for reflection marked the stock market today as prices moved within a 50 cent band after a three day rise. Leaders opened near previous closes with chemicals steady to higher and many names unchanged. A large block of 10 000 Consolidated Copper Mines shares traded up slightly as wool price declines in Australia and lower automobile production weighed on outlook. PMID: 0
MENTIONED IN THIS ARTICLE
New York
Australia
Bureau of Labor Statistics
Southern Railway
Texas Company
American Airlines
Anaconda Copper
American Cyanamid
Air Reduction
General Electric
United Aircraft
U. S. Steel
Bethlehem Steel
Goodyear
International Harvester
Lockheed
American Oe Nickel Plate
Gulfil
Farm Land Values Set New Record
The House Appropriations Committee released farm statistics showing land values reached a new high in November of last year. Agriculture Department experts testified that since 1950 values rose after a 1949 decline, with November 1951 about 1 percent above the prior peak of November 1948.
MENTIONED IN THIS ARTICLE
Washington
House Appropriations Committee
Agriculture Department
Department
United States
Walsh Heads N. Y. Anti Crime Group
James P. Walsh a former policeman assistant district attorney OSS man and Senate Crime Committee aide will lead New York City's Anti Crime Committee Spruille Braden former US ambassador to Argentina and head of the private anti crime group said Walsh was chosen after reviewing more than 25 top flight candidates
MENTIONED IN THIS ARTICLE
New York
James P. Walsh
Office of Strategic Services
Senate
New York City
Spruille Braden
United States
Argentina
Walsh
Rainfall In Southwest Depresses Wheat Price
Wheat prices moved fractions on the Chicago Board of Trade as rains in the Southwest temper expectations for the winter crop. May wheat fell about 1 percent with other grains and lard also slipping slightly amid a broad market halt. Forecasters expect more rain early next week, but frost possible in northern Kansas tonight. traders await crop developments. Holland bought 2.5 cargoes of American corn overnight.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Kansas
Holland
House Passes Bill To Lift Copper Levy
Washington April 7 The House passed by unanimous consent a bill to suspend the copper import tax until February 15 1953 with a binding provision that tax is reapplied if raw copper falls below 24 cents per pound Arizona figures supported by Rep Wilbur Mills and Samuel Morris of Globe Arizona praised the measure as a compromise aimed at protecting domestic miners while ensuring supply from foreign sources The bill now advances to the Senate
MENTIONED IN THIS ARTICLE
Washington
House of Representatives
Arizona
Wilbur Mills
D., Ark
John B. Bennett
Mich
Samuel Morris
Globe, Ariz
Arizona Copper Tariff Board
Hitchhiker Held After Slaying Near Shelby Mont
A 23-year-old hitchhiker Frank R Dryman was questioned in the shooting death of Clarence E Pellett 59 whose body was found among sheep near the Canadian border in Montana. Dryman said he came from California and was picked up between Lethbridge and McLeod Alberta by Canadian authorities.
MENTIONED IN THIS ARTICLE
Shelby
Mont
Clarence E Pellett
Frank R. Dryman
California
Lethbridge
McLeod
Alta
Royal Canadian Mounted Police
Pellett
C. O. Dunstall
Dryman
Sweetgrass
Deer survive explosives at Aberdeen proving ground
Thousands of deer inhabit the Aberdeen Proving Ground in Maryland where U.S. military weapons are tested, yet only a small number are killed by the flying explosives according to researchers observing the site.
MENTIONED IN THIS ARTICLE
Aberdeen Proving Ground
Maryland
United States
Livestock prices steady with mixed declines across cattle
Kansas cattle market shows 50c to $1 declines in cows and vealers, with bulls firm and stock calves down up to $2. Feeder and other classes weaken, top loads of choice and prime cattle around 38 to 41 per hundredweights. Hogs under pressure with 21 to 25 lower prices. sheep and lambs mostly lower, spring lambs sparse, slaughter lambs down about 1 to 2. per hundredweight.
MENTIONED IN THIS ARTICLE
Nebraska
Sas
Choice
Astra
Arizona
Chicago
USDA
Wendy
Woo Slaugh
Eight U S counties and towns honor Lafayette in history
In the United States eight counties and more than a dozen towns are named after the Marquis de Lafayette, the French ally who aided American independence and influenced frontier place names nationwide.
MENTIONED IN THIS ARTICLE
United States
Lafayette
America
Also Mentioned on This Page
Hern
President Lines
Truman
Peyton Ford
Philip B. Perlman
Philip B. Fleming
Paul A. Page, Jr
The
Maritime Administration
George L. Killion
American President Lines
Democratic National Committee
By Joel Keith
Los Angeles
AiResearch Manufacturing Company
Sky Harbor
Vultee
Martin
Tucson
Ira C. Eakers
Hughes Tool Company
Eighth Air Force
Hughes Organization
Old Pueblo
Floyd Rains
Phoenix Chamber of Commerce
Eastern Air Lines
Southeastern Seaboard
Tion
Eddie Rickenbacker
Eastern
Civil Aeronautics Board
Batten, Barton, Durstine and Osborn, Inc
Kefauver
Black and Ryan
Hoffman
Pat Porter
G. E. Supply Company
Pacific Northwest
Brazil
Egypt
Jones
Diocletian
Rome
Susan Meyer
Hollywood
Toto
L. Frank Baum
N. Y
Desert Inn
van Buren
Polk Streets
10Th Avenue
University Park
Dick Turner
Albert
Ramapo
Franz
Lincoln Park
N. J
House
F. Padis
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