Steelers Insurance Costs Little More
New York AP reports the Wall Street Journal notes a slight rise in labor costs if the Truman board social insurance plan is adopted. The plan would cost about 4 cents per hour per worker, paid by steel companies, with many firms already providing varying levels of group life and accident insurance.
MENTIONED IN THIS ARTICLE
New York
The
Wall Street Journal
Steel Fact-Finding Board
Truman
Business
Journal
U. S. Steel Corporation
Allegheny Ludlum Steel Corporation
Republic Steel Corporation
Republic of Board
Follawsbee Steel Corporation
Union
Inland Steel Company
Lukens Steel Company
Aluminum Company of America
New Copper Contracts Are Traded
New York September 13 AP trading started yesterday in a new copper futures contract on the New York Commodity Exchange with prices from 14% to 14% cents per pound The contract replaces the old one in effect since July 1947 when trading resumed after the war The new contract allows a 2 cent premium spread between 99 percent and 99 9 percent copper A contract covers 50 000 pounds and officials say the wider spread will boost futures volume The exchange aims to make New York a world metals trading center }
MENTIONED IN THIS ARTICLE
New York
New York Commodity Exchange
Exchange
London
New York Exchange
Copper User Is Optimistic About Copper Outlook
New York Sept 13 The Revere Copper and Brass Company reports orders for copper clad stainless steel cooking utensils since mid July have risen beyond prior records J M Kennedy vice president says hand to mouth buying has ended with retailers and wholesalers stepping up orders The kitchen utensils division operates seven days a week three shifts a day and demand has created a heavy backlog.
MENTIONED IN THIS ARTICLE
New York
Revere Copper and Brass Company
J. M. Kennedy
Plywood Market Reported Steady
Lawrence Ottinger, president of United States Plywood Corporation, told stockholders at the annual meeting that August sales were nearly level with last year despite lower prices, signaling higher volume after an earlier price drop.
MENTIONED IN THIS ARTICLE
Lawrence Ottinger
United States Plywood Corporation
Textile Dealers Forecast Sales Increase in 1949 Second Half
The Association of Cotton Textile Merchants said unit sales of cotton yard goods should rise in the second half of 1949 due to stronger demand for home sewing. Chain stores expect about a 30 percent higher sales level than the second half of 1948, while cotton yard goods prices were down roughly 20 percent from July last year.
MENTIONED IN THIS ARTICLE
New York
Association of Cotton Textile Merchants
Failures Drop To 148 In Week
New York reports 148 business bankruptcies for the week ended September 8, down from 174. Casualties of 5000 or more fell to 111 from 131, with notable drops in retailing and modest shifts in wholesale and service sectors. The mid Atlantic and south Atlantic regions rose slightly while other areas fell.
MENTIONED IN THIS ARTICLE
New York
Dun and Bradstreet
Credit Rating and Business Research Organization
mid-Atlantic
South Atlantic
Trading Irregular In Cotton Market
Cotton futures opened unchanged to ten cents a bale lower with Oct 29.78 Dec 29.67 Mar 29.60 May 29.52 Jul 28.98 and Oct 27.29. Reports from Worth Street say Monday print cloth sales remained heavy and mills have sold up to 30 percent of Q1 1950 output. Midmorning prices ranged 10 cents lower to 5 cents higher. noon prices rose 10 to 30 cents with Oct 29.83 Dec 29.70 Mar 29.65.
MENTIONED IN THIS ARTICLE
New York
Worth Street
Mrs. Alice Sharp Rites Arranged
Funeral services for Mrs. Alice Myers Sharp a 76 year old pioneer who died Friday at her home 2002 East Oak Street will be held at Palms Chapel of Grimshaw at 9 30 a m Wednesday The Rev George Gardner pastor of the Eastside Church of the Nazarene will officiate Burial will be in Memory Lawn Memorial Park.
MENTIONED IN THIS ARTICLE
Alice Myers Sharp
East Oak Street
Palms Chapel of Grimshaw
George Gardner
Eastside
Westinghouse to Build World’s Most Powerful Portable Transformer
Westinghouse Electric Corpora tion announced it would build the world’s most powerful portable electric transformer for the Bonneville Power Administration. The unit will serve Portland Oregon and Seattle Washington areas, handling 110000 horsepower, costing about 400000 dollars, and delivered in 1951. Frank L. Snyder said it will be mounted on a railroad flat car and kept ready to move between sites for maintenance or replacement.
MENTIONED IN THIS ARTICLE
Sharon
Westinghouse Electric Corporation
Portland
Ore
Seattle
Wash
Bonneville Power Administration
Frank L. Snyder
Westinghouse Transformer Division
Funeral set for Charles T. Lesueur in Mesa
Charles T. Lesueur 64, operator of the Lesueur Ginning Co., died Sunday at his Mesa home. Services at 10 a.m. tomorrow at the Second Ward Chapel in Mesa with Bishop Walter Merrill officiating. Burial in Mesa Cemetery. Survived by wife Velda Jean, three sons Ned Richard of Mesa and Charron of Salt Lake City, two daughters Mrs. Maxine Graham in the Philippine Islands and Mrs. B J Quinn of Santa Monica, six grandchildren, and four brothers and two sisters living in California Utah Oregon and Arizona.
MENTIONED IN THIS ARTICLE
Mesa
Charles T. Lesueur
Lesueur Ginning Company
Second Ward
Church of Jesus Christ of Latterday Saints
Walter Merrill
Mesa Cemetery
Lesueur
St. Johns
Brigham Young University
Provo
Utah
England
Velda Jean
Ned
Richard
Charron
Salt Lake City
Maxine Graham
Philippine Islands
B. J. Quinn
Santa Monica
Calif
Carl
Huntington Park
Walter
Bay of Mesa
Hal
Portland
Ore
Nell MacDonald
Stockton
Alice Crosby
Pearl E. Wible Funeral Pending
Pearl E. Wible of Phoenix aged 66 died Saturday at St. Monica's Hospital. A native of Pennsylvania she resided in Phoenix five years. Funeral arrangements are pend ing at A. L. Moore and Sons Mortuary. Survivors include husband Harrison P. L. Wible Sr two daughters Mrs Eugene Harr Phoenix and Mrs Carl Benson Greensburg Pa two sons Harrison P. L. Jr and J Howard Wible Phoenix six sisters and two brothers all of Pennsylvania three grandchildren and one great grandchild.
MENTIONED IN THIS ARTICLE
Pearl E. Wible
East Elwood Street
St. Monica’s Hospital
Pennsylvania
Phoenix
A. L. Moore and Sons Mortuary
Harrison P. L. Wible
Eugene Harr
Carl Benson
Greensburg
Harrison P. L. Jr
J. Howard Wible
Rivera to Speak at VEFW Meeting in Maricopa
Maricopa Post 720 of the Veterans of Foreign Wars will meet at the VFW Fox Hole on West Washington Street. Guest speaker is V D Rivera, chairman of the Catholic Youth Organization Building Committee. Lou Ambers will show fight photos with Henry Armstrong. The text notes about 14 000 fires occur annually in U S national forests.
MENTIONED IN THIS ARTICLE
Maricopa Post
Veterans of Foreign Wars
VFW
Fox Hole
West
Washington Street
V. D. Rivera
Catholic Youth Organization
Lou Ambers
Henry Armstrong
Fantaro family settles on single spelling of surname
Detroit Sept 13 AP reports seven children of Italian immigrant each had a different spelling for their last name at birth. After a probate case the father’s name is standardized as Fantaro for all siblings Juan shared the variant spelling Fantaro as the official form.
MENTIONED IN THIS ARTICLE
Detroit
Fantaro
Juan
Donald
Fantore
Angelo
Fornaro
Anthony
Fanilator
Joseph
Fantora
Elizabeth
Fernetti
Nellie
Fernetto
William F. Cotter
Effort To End Hawaii Strike Abandoned
New York September 13 The 136 day old Hawaii longshoremen strike resumes at the docks after failed government mediation. Cyrus S Ching notes no further mediation is useful. CIO International Longshoremen and Warehousemen's Union led talks with wages disputed since May 1. Bridges cites nine proposals including White House arbitration.
MENTIONED IN THIS ARTICLE
New York
INS
Hawaii
New York City
Federal Mediation and Conciliation Service
Cyrus S. Ching
CIO
International Longshoremen’s and Warehousemen’s
Harry Bridges
CIO Group
Bridges
White House
Ching
Government Bombs Rebel Stronghold in Bolivia
Government forces report continued mopping up rebel remnants in Bolivia. Two planes bombed Santa Cruz air field, one insurgent plane set ablaze, another damaged. Rebels vow hostage retaliation. Infantry pushed toward Mataral, Muyupampa, and Yacuiba as government forces gain control.
MENTIONED IN THIS ARTICLE
LA Paz
Bolivia
Santa Cruz
Mataral
Muyupampa
Camiri
Yacuiba
Rail Accord Again Sought
ST. LOUIS Sept 13 AP Union and management will meet again to end a four day Missouri Pacific railroad strike. Early talks failed yesterday. A proposal for striking members to return to work while negotiations resume was rejected after a 90 minute union caucus.
MENTIONED IN THIS ARTICLE
ST. Louis
Missouri Pacific Railroad
Guy A. Thompson
Citizens’ Committee
Traders Boost on Dollar Crisis Plan and Steel Talks
Wall Street opened higher as traders hailed a dollar crisis plan and an Anglo American concession pact. Buying ran amid optimism over CIO Steelworkers and steel management talks to extend the presidential truce and discuss pensions without a strike. Leading issues including U S Steel, Bethlehem, GM, Chrysler, Goodyear, and Du Pont advanced on the bullish mood.
MENTIONED IN THIS ARTICLE
New York
Wall Street
CIO
U. S. Steel
Youngstown Sheet & Tube
Bethlehem Steel
General Motors
Chrysler
Southern Pacific
Goodyear
Anaconda
New York Central
Standard Oil
N. J
Richfield, du Pont
Eastman Kodak
Montgomery Ward
Schenley
American Can
General Electric
Johns Manville
International Paper
Steel production hit by rail strike at Pittsburgh plants
The American Iron and Steel Institute reports a sharp drop in steel output this week as railroad workers strike on lines supplying Pittsburgh plants. Operating rate at 80.4 percent of capacity, down 4 percent from last week, with an estimated 1,482,200 net tons produced. Last week’s Labor Day week saw 84.2 percent capacity and 1,552,200 tons. A month ago output was 83.5 percent at 1,539,300 tons. A year ago the rate was 96.1 percent, yielding 1,732,200 tons.
MENTIONED IN THIS ARTICLE
New York
Pittsburgh
American Iron and Steel Institute
Revolving Device Cuts Wear Of Oil Tubing System
Huntington to Ark Calif Sept 13 AP A new oil well device that continuously revolves the long tubing used to pump oil to the surface reduces wear from up and down motion. Inventor David Cormany of Long Beach says constant turning distributes wear and minimizes production shutdowns for pulling tubing.
MENTIONED IN THIS ARTICLE
Huntington
Ark
Calif
Los Angeles Basin
David Cormany
Long Beach
Feet Lossed Boy Wins 100000 With Railroad Check
Tommy Huggans, 14, displays a 100000 check from Southern Pacific at Redwood City after a three year legal battle over his 1946 accident that cost him both feet. The verdict awarded 91000 in damages plus interest, with funds placed in a special account for medical expenses and education.
MENTIONED IN THIS ARTICLE
Redwood City
Cailif
Tommy Huggans
Southern Pacific Railroad
Tommy
California Supreme Court
Grain Futures Firm as Government Buying Hinted
Chicago September 13 AP Grains opened steady on the Board of Trade with wheat rising on early commission buying and hints of government purchases. Corn held near yesterday's close while soybeans and oats fluctuated. The Commodity Credit Corporation reportedly stepped up its buying, with 1,261,200 bushels of wheat purchased in the week ending Friday noon.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Commodity Credit Corporation
Seaboard
Gulf Ports
Cheap Oil Shale Processing May Open Arizona Mining
Engineers from the Bureau of Mines report successful low cost mining of Colorado oil shale with 29,835 tons mined at 32.9 cents per ton in a Rifle test. Techniques include shorter drill rods, a mobile compressor, better blasting, and cheaper drill bits. State official Williams cites Arizona has sizable shale deposits near the Navajo Reservation and The Strip, potentially warranting production if costs fall.
MENTIONED IN THIS ARTICLE
Arizona
Washington
Colorado
Bureau of Mines
James Boyd
Bureau
Rifle
Colo
Boyd
O. C. Williams
Phoenix
Navajo Indian Reservation
Colorado River
Williams
State Land Department
Arizona State Department of Mineral Resources
Mineral Resources Department
How To Pile Up A Little Money In 1949
A Better Homes and Gardens September 1949 article titled How To Pile Up A Little Money offers long-term investment ideas. The writer invites readers to consider a plan tailored to their family’s needs and suggests a follow up discussion.
MENTIONED IN THIS ARTICLE
Financial
Better Homes and Gardens
Wheat supply up as week shows gains and declines
The visible wheat supply rose by 1,457,000 bushels to 206,118,000, per the Board of Trade. Corn fell 407,000 to 5,270,000 bushels, oats declined 321,000 to 27,371,000, rye dropped 125,000 to 5,381,000, barley decreased 198,000 to 28,792,000, and soybeans edged up 2,000 to 1,089,000.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Nichols Elected Director at California Texas Oil Co
Howard B. Nichols of New York was elected a director, vice president, and member of the Executive Committee of the California Texas Oil Company. Oysters were among the first foods canned in the United States.
MENTIONED IN THIS ARTICLE
New York
California
Texas Oil Company
Howard B. Nichols
United States
Department Changes Hog Support Program
The Agriculture Department announced a new hog price support plan to keep national farm and major area prices from dropping below legal support levels. The program runs through March 31, with national average prices used instead of fixed market floors.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Brannan
Department
Crawford Wins Chance at Public Lands Chair After Welch
Washington dispatch reports Representative Fred L. Crawford of Michigan poised to become ranking minority member of the House Public Lands Committee after the death of California's Richard J. Welch. Crawford favors a Supreme Court test for the Colorado River dispute and would seek the chair if Republicans regain the House in 1950 or later. Welch died of a heart attack while on a committee trip in California and Arizona.
MENTIONED IN THIS ARTICLE
Lands Committee
House of Representatives
Welch
Needles
Calif
Public Lands Committee
Arizona
Supreme Court
Crawford
Congress
Territorial and Insular Affairs
Central Arizona
Tax Advisor Faces Jail For Evasions
In Los Angeles on September 13, Edward M. Jackson, an income tax advisor, faced a year in jail for evading $250,000 in taxes in returns he prepared for many clients. Judge Leon R. Yank sentenced him after an AUSA alleged he filed thousands of returns over three years, with only 75 percent deemed legitimate by the government.
MENTIONED IN THIS ARTICLE
Los Angeles
Edward M. Jackson
Leon R. Yankwich
Jackson
United States
Bernard B. Laven
Bonds Rally Across Market Driven by Optimism on Steel Talks
New York bonds rose as rails led modest gains across issues in a brisk session. Treasury bonds steadied while several corporate issues posted fractional advances, reflecting optimism for a possible settlement in the steel labor dispute. Federal farm loan bonds were issued publicly priced at 100 with 1% interest, maturing 1957 and callable 1955.
MENTIONED IN THIS ARTICLE
New York
Missouri Pacific Railroad
Altimore & Ohio
Canada
U. S. Treasury
Federal Land Banks
Federal Farm Loan
Also Mentioned on This Page
Steelers
Amt
H. C. Cunningham
State Mutual Building and Loan Association
East Garfield Ph
Alice Sharp
White Truck Distributors
Grand Ave
Paul W. Johnston
Robert W. Woodruff
Erie Railroad
Woodruff
Westinghouse
C.t.lesueur
Phoenix Gazette
U. S. National Forests
Fantastic Family
Fantaros
Boy
Grain Futures
Federal Buying Eyed
Kansas City
H. B. Nichols
A. Brygeer
W. Monroe
R. B. Willcutt
Met
Standenson
Phame
Sunny Brook
Kentucky
Sunny Brook Brand
McKesson & Robbins, Inc
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