Retailers Hold Cautious Optimism On Fall Sales
America's top retailers report a brighter outlook this fall compared with earlier in the year. Despite lingering slack, a pickup is evident as firms attend the Boston Conference on Distribution, with expectations of price declines leveling off and stronger volume through competitive quality and salesmanship. A Harvard professor criticizes anti trust balance, urging a broader view of competition objectives.
MENTIONED IN THIS ARTICLE
Boston
America
Harvard Business School
Harry L. Hansen
Governor Delays Idaho Senate Appointment
Governor C. A. Robins said he is undecided on a successor to the late Senator Bert H. Miller and will postpone the appointment until after services in Boise are held Thursday in the state capital.
MENTIONED IN THIS ARTICLE
Boise
Ida
C. A. Robins
Bert H. Miller
Idaho
Inquire Compare AllER Payments Longer Terms Fast Service
A brief notice compares payment options for AllER services, highlighting longer terms and faster service. It urges customers to inquire for details on flexible financing, payment schedules, and expedited processing.
Failures Held At 182 Level In Week Ended Oct. 6
New York reports 182 business failures for the week ending October 6, up from the prior week. Dun and Bradstreet shows increases across most industry groups with manufacturing bankruptcies rising to 49. Regions including mid Atlantic and Pacific states posted gains while most other regions declined.
MENTIONED IN THIS ARTICLE
New York
Dun and
Bradstreet
Credit Reporting Agency
mid-Atlantic
South Atlantic
East South Central
Pacific
AFL Retains Green To Serve 26th Term
The AFL named William Green to his 26th consecutive term as president, electing him by acclamation before 6oo delegates at the 68th convention in St Paul. The body also backed a $1 minimum wage call, rejected joint political action with the CIO, and authorized discussion on a daily labor newspaper while choosing Houston as a possible site for next year’s meeting.
MENTIONED IN THIS ARTICLE
ST. Paul. Minn
American Federation of Labor
William Green
Houston
Tex
AFL
Green
United Mine Workers of America
Congress
CIO
Executive Council
International
ITU
Woodruff Randolph
Hilton Plans Purchase of Waldorf Astoria Hotel
New York October 11 Hilton Hotels Corporation is negotiating to buy the Waldorf Astoria Hotel. It is expected to acquire about 366,380 Waldorf-Astoria shares at roughly $16 each, totaling nearly $6 million, subject to a final agreement.
MENTIONED IN THIS ARTICLE
New York
Hilton Hotels Corporation
Hilton
Corporations report mixed results for August and year
Western Union shows August gross revenues of 15 550 308 versus 16 085 888 last August with a current operations deficit of 5 206 569 for the first eight months versus 1 458 974 in 1948 R H Macy and Company posts a fiscal year net profit of 6 834 225 equal to 3 57 a common share versus 8 244 463 or 4 39 a share a year earlier Sales reach 308 119 119 against 351 035 135 Other reports include 1949 General Bronze Conservations nine months ended Sept net profit 355 606 478 a share 1 55 1 1
MENTIONED IN THIS ARTICLE
Western Union, Telegraph Company
Curren
R. H. Macy and Company
General
Prices Mixed In Opening Rush At New York Market
New York stock market opened with a brisk rush and mixed prices as trading slowed later. Lion Oil rose over a point on aggressive buying following news of new wells, while Boeing American Woolen Kennecott Sinclair Oil and Northern Pacific gained on the upside. Bethlehem Chrysler American Can Westinghouse International Paper American Tobacco Santa Fe Union Pacific and Celotex declined.
MENTIONED IN THIS ARTICLE
Lion Oil
Boeing
American Woolen
Kennecott
Sinclair Oil
Northern Pacific
Bethlehem
Chrysler
American Can
Westinghouse
International Paper
American Tobacco
Santa Fe
Union Pacific
Celotex
Notice of Sale in Bulk for Stores Inc Arizona
Notice of sale in bulk of stock trade of C E Stores Inc a variety store at 2814 North Fifteenth Avenue Phoenix Arizona to June Stump and Lorene Stump. Sale set for October 17 1949. Claims to be presented to the Trust Department First Bank of Arizona Phoenix before 2 10 o clock A M. Notary public Henry S Stevens.
MENTIONED IN THIS ARTICLE
North
Fifteenth Avenue
Phoenix
Arizona
June Stump
Lorene Stump
Trust Department
Bank of Arizona
Phoenix Nations
Bank
Areasa
C& E Stores, Inc
J. W._ BITTEX
Marietore
Henry
Stevens
Pike
Y Treas
Grain Traders Await New Crop Estimates
Traders at the Chicago Board of Trade waited for the government crop estimate as of Oct 1 after an initial buying surge. Wheat and corn traded lightly with prices near yesterday's close while soybeans rose, and lard edged higher.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Court Upholds May Garsson Convictions
The Supreme Court refused to hear appeals from former Representative Andrew J. May and the Garsson brothers, upholding bribery conspiracy convictions tied to May’s chairmanship of the House Military Affairs Committee. All three men remain free on $2,000 bail each. The court also postponed action on John L. Lewis and United Mine Workers’ appeal from a $1.42 million coal strike fine.
MENTIONED IN THIS ARTICLE
Washington
INS
Supreme Court
Andrew J. May
Kentucky
Garsson Brothers
High Tribunal
May
House
Henry
Murray Garsson
John L. Lewis
United Mine Workers
Gas range shipments rise 64 percent in August
Range shipments by gas appliance manufacturers totaled 187000 units in August, up 64 percent from July. The association noted August sales typically exceed July, with last year’s rise at 21 percent and the prewar average at 23 percent.
MENTIONED IN THIS ARTICLE
New York
INS
Gas Appliance Manufacturers Association
Markets to Close on Columbus Day
Financial and commodity markets across the United States will be closed on Wednesday October 12 Columbus Day. The Department of Agriculture will issue various livestock reports.
MENTIONED IN THIS ARTICLE
New York
United States
Department of Agriculture
Film Industry Urged to Fight Trade Curbs and Embrace Change
Hollywood reports Edward P. Curtis of Eastman Kodak urged the film industry to deploy all legitimate means to counter trade restrictions, while urging sympathy and understanding toward Britain. He warned free trade talk masks protectionism and noted shifts from color film tech that could let studios process color prints in house with minimal changes to existing equipment.
MENTIONED IN THIS ARTICLE
Hollywood
Ins
Eastman Kodak Company
England
Edward P. Curtis
Society of Motion Picture Engineers
Curtis
Britain
United States
E. I. du Pont de Nemours and Company
Wilmington
Del
A. B. Jennings
Jennings
Cotton futures rise and then retreat in early session
New York cotton futures opened 5 to 35 cents higher with Oct 29.92, Dec 29.73 74, Mar 29.68 69, May 29.62, July 29.14, Oct 27.31. By mid morning prices ranged from 40 cents lower to 10 cents higher than the prior close, with Oct 29.87, Dec 29.70, and Mar 29.64 listed.
MENTIONED IN THIS ARTICLE
New York
Bonds rise on Missouri Pacific amid a uneven market
New York bonds saw slight gains led by Missouri Pacific as demand returned for MOP issues. 5s of 1981 and 1977 rose 11, with Frisco 4s, Santa Fe 4s, and Baltimore and Ohio 5s of 1975 edging higher. Canadian Pacific 4s fell briefly. Chicago Great Western 4s dipped. Treasury and foreigns were quiet or mixed.
MENTIONED IN THIS ARTICLE
New York
Missouri Pacific
Frisco
Santa Fe
Baltimore and Ohio
Chicago Great Western
Canadian Pacific Perpetual
U.S. Treasury
Also Mentioned on This Page
Gloria Wooleft
Joyce Lam
Hong Kong
Canadian Airlines
Vancouver
B. C
Far East
A. Gryscer
W. Monroe R. E. Willcutt
Met
Benson, Ins
Pedro T. Pereira
Arlington
Waldorf-Astoria
Italy
Benevento
U. S
Sec
Perkins
Cannon, Yugoslavia
Curtain
Great Britain
Kirk, Russia
Briggs, Czechoslovakia
Schoenfeld, Romania
Davis, Hungary
London
State Department
George W. Perkins
Adm
Alan G. Kirk
Moscow
Ellis O. Briggs
Prague
Cavendish W. Cannon
Belgrade
Nathaniel Davis
Budapest
Rudolph Schoenfeld
Pat Hall
Eee
Florida
Irwin Slater
Garsson
Robert Strayer
Ravenna
James Shanley
ELY, Beck and Company
W. Adams
Gore Ove Syn
Sunny Brook
McKesson & Robbins, Inc
Center’ wHisker Elenoams
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