Price cuts spread as inflation cools and shoppers gain
The Associated Press reports wide price reductions across consumer goods in a trend suggesting inflation has peaked. Sears Roebuck mails a midseason catalogue with many cuts and new low-cost items, while Westinghouse radio models and Kaiser-Frazer cars see sizable discounts. Executives say demand for inflation relief and a healthy economic readjustment underlie the cuts.
MENTIONED IN THIS ARTICLE
Tre Asociated
New York
Marriner S. Eccles
Federal Reserve »Board
Associated Press
Chicago
Sears
Roebuck and Company
Kaiser-Frazer cuts prices and reshuffles leadership
Kaiser-Frazer Corp slashed car prices by 198 to 333 and elevated Edgar Kaiser to president, with Joseph Frazer moving to vice chairman. The move follows GM and Ford price actions and aims to broaden mass-market appeal as costs ease. Henry Ford I suggested potential future price cuts.
MENTIONED IN THIS ARTICLE
Eccles
Westinghouse Electric
Kaiser-Frazer Corp
Henry Ford
Ford Movor Co
Willard Storage Battery Co
National Dairy Products Co
Philadelphia
New York
Borden Co
Associated Press
Detroit
Kaiser-Frazer
K-F
Idustry
Edgar Faiser
Abverser Neers Kaiser
Henry J. Kaiser
Joseph W. Frazer
General Motors
Ford
Boston
Weather Outlook With Showers and Above Normal Temps
A warm Wednesday followed by cooler Thursday and Friday. Temperatures rise again Saturday and Sunday about eight degrees above normal. Showers occur late Wednesday into Thursday and again on Saturday. Total precipitation around three quarters of an inch. Beckley area notes show normal or muddy conditions in rivers Greenbrier and New River regions.
MENTIONED IN THIS ARTICLE
Beckley
Goa
Greenbrier
New
Powerful Cruiser Roanoke to Join U S Fleet
The U S S Roanoke, sister to the U S S Worcester, will be commissioned at Philadelphia Naval Base. Costing 30 million dollars, the 17 000 ton ship spans 70 feet in beam and can reach 33 knots. Launched by Julia Ann Frenebry, daughter of Roanoke mayor, it will be crewed by 51 officers and 922 enlisted men with 12 six inch guns in twin turrets.
MENTIONED IN THIS ARTICLE
U.S.S. Roanoke
Philadelphia Naval Base
U.S.S. Worcester
Roanoke
Julia Ann Frenebry
Rolling College
Sly Turrents
Small Town Resident Receives Large West Virginia Tax Refund
West Virginia taxpayers hit a new refunds milestone with $23.5 million paid to 440,000 people as of noon yesterday. F Roy Yoke noted a small town resident received a $14,996.54 check and said total refunds could surpass $25 million to about 465,000 people by noon Wednesday.
MENTIONED IN THIS ARTICLE
Associated Press
Parkersburg
West, Virginia
Internal Revenue
F. Roy Yoke
Yoke
West Virginia
Columbus
West
Johnson orders immediate Pentagon move to unify armed services
Defense Secretary Johnson aims to dissolve 300 Army Navy and Air Force agencies and move all operations to the Pentagon within two and a half years, seeking faster unification. He expects 30 to 40 abolitions at first and plans to discuss service roles with Eisenhower in Key West.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Johnson
Army
Navy
Air Force
Pentagon
Emey Weee Aeeaug
Air Forces
Ware Johnson
Ile Sam
Key West
Flo
Dwight D. Eisenhower
Joint Chiefs of Staff
Eisenhower
Unificatin
Campaign to Save Grandview Park Nears Conclusion
State Conservation official Dr. C F McClintic says 130 acres owned by Loup Creek Collieries and Virginia Railway Land Holding Co may be priced to join Grandview State Park. Legislation provides 605000 for state park improvements, with funds not yet allocated to Grandview.
MENTIONED IN THIS ARTICLE
Grandview
C. F. McClintic
State Conservation Commission
Loup Creek
Gun Battle Near Italian Border Reported by Istrian Group
The Istrian Committee of National Liberation quoted by Astra said Yugoslav army troops and guerrillas clashed near the Italian border in the Almaina area of Yugoslavia about 45 miles northeast of Gorizia. The report remained unconfirmed amid Cold War tensions and troop movements including tanks near Monte Santo.
MENTIONED IN THIS ARTICLE
Associated Press
Rome
Asiva
Istrian Committee of National Liberation
Trieste
Yugostavia
Marishal Tilo
Cominform
Communist International’ Information , Bureau
Remlin
Soviet Russia
Tito
Istrian Committee
Maly
Astra
Almina
Yugoslavia
Gorizia
Tealys
I Tempo
Monte Santo
American soldiers given prison terms for spying in Czechoslovakia
American soldiers were sentenced to 10 and 12 years in prison on spying charges in Czechoslovakia. The two had been in custody since December 9 after a secret trial held last Saturday following their border crossing into Czechoslovakia.
MENTIONED IN THIS ARTICLE
Associated Press
Prague
Czechoslovakia
U S Soldiers Convicted in Prague Labeled Spies
U S Army says two American servicemen convicted in Prague of espionage were spies but not on a mission. They were absent without leave when they crossed into Czechoslovakia. Alexander Jones alias Hunter was jailed 10 years and Clarence Hill 12 years. Jones is 22, Hill 31, from Owensboro and Jackson respectively.
MENTIONED IN THIS ARTICLE
Y Tnen
Associated Press
Frankfurt
Germany
U. S. Army
Prague
Czechoslovakia
Army
Ities
Man Posts Bond On Entry Charge In Raleigh Tire Case
John P. White posted $2,000 bond after waiving preliminary hearing for burglary at Raleigh Tire Company Mabscott March arrest by State Police. White to face grand jury. No item stolen. Others cited for traffic violations on Route 16 Crab Orchard. George Hughes fined for DUI. Jimmy Ferraro and Franklin Alderson also fined for related offenses.
MENTIONED IN THIS ARTICLE
John P. White
J.P. Meadows
Mabscott
McGraw
jState
White
George Hughes
LD. W. Lilly
Jimmy Ferraro
J. J. Buckland
Franklin B. Alderson
Fifteen-Year-Old Mother Gives Birth to Twins
A 14 year old girl Rosemary Schwab of Michigan gave birth to twins at Crispe Memorial hospital. The babies weighed about five pounds each and were born prematurely on Sunday afternoon. Doctors say the twins are likely to survive and the mother is reported doing nicely.
MENTIONED IN THIS ARTICLE
Associated Press
Plainwell
Mich
Crispe
Memorial Hospital
Rosemary Schwab
Shelbysville
G. A. Dickinson
Confessed Killer Denied Release in Milwaukee Case
Milton Babich a 19 year old Milwaukee man remains jailed on a first degree murder charge for the death of Patricia Birmingham after two bond denials. Circuit Judge Daniel Sullivan rejected a defense plea to free him on bail citing a confession and risk of flight or harm. District Attorney William McCauley argued Babich killed Patricia Birmingham on February 10 to shield his sister in law Kathleen from exposure of an alleged pregnancy leading to her murder and body disposal. Jurors in Raleigh County are not reporting for duty until Monday at 9 am per Judge W A Riffe.
MENTIONED IN THIS ARTICLE
Milwaukee
Milton Babich
Oday
Daniel Sullivan
Arthur W. Richert
Pin
Willian McCauley
Babich
Patricia Birmingham
West Allis
Kathleen
T McCauley
Three Acquitted By Magistrate In Knife Brandishing Case
A magistrate court acquitted Lacy Edward Acord BR A Brooks and William Rick of brandishing a weapon. The case involved Mrs. Jackie Evans of Oceana who said three men brandished a knife when blocked on a highway by a car driven by J C Justice on March 19. Justice was found guilty March 23 of blocking the highway and the others’ cases were continued overnight.
MENTIONED IN THIS ARTICLE
T.N. Thurman
Jackie Evans
Oceana
J. C. Justice
Lacy Edward Acord
BR. A. Brooks
William Rick
MacArthur Airman Among 7 Rescued in Arctic Crash
Samuel C. Lily of MacArthur Washington was among seven airmen saved from Ellesmere Island in the Arctic after their cargo plane crashed. A ski-equipped plane from Greenland carried out the rescue.
MENTIONED IN THIS ARTICLE
Bress Wasiington
Skt
Samuel C. Lily
MacArthur, W
Ellesmere Island
Arctic
Air Force
Greenland
Miners Return Spark Coal Rail Lines Across Regions
Rail crews swiftly reattach and move coal cars after John K. Lewis blocks end a two week mine shutdown. About 70 000 rank and file railroad workers and many shopmen were idle during the stoppage with restoration of service expected by next week across Norfolk and Western Virginian Railway and Chesapeake and Ohio routes serving West Virginia Virginia and Kentucky. John Mitchell Day marks the 8 hour day observance in mines.
MENTIONED IN THIS ARTICLE
Associated Press
Pittsburgh
John K. Lewis
Green Signal
United Mine Workers
Mississippi River
Lewis
Chesapeake and Ohio
Norfolk and Western
West Virginia
Virginia
Kentucky
Virginian Railway
John Mitchell
UMW
Bevin seeks US view on Mediterranean defense pact aboard Queen Mary
British Foreign Secretary Bevin aims to obtain a formal American position on a Mediterranean defense pact linked to the North Atlantic alliance. Bevin, Spaak, Stikker, and Mech sail with US plans unclear as discussions focus on broad common interests and Pacific regional security.
MENTIONED IN THIS ARTICLE
Ernest
Bevin
United States
Hier
Washington
Paul-Uenri Spaak
Belgium
D. A
Stikker
Netherlands
Joseph Mech
Luxembourg
Andred A. Gromyko
Russia
United Nations
New York
Dean Acheson
Pacific
Cald
Fed Board Eases Stock Buying After Inflation Fears
The Federal Reserve Board signaled easier access to stocks and already loosened credit for autos and furniture on installment plans. The move comes amid inflation worries and marks a shift in monetary policy to stimulate investment.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Federal Reserve Board
PHE- Board
Wall Street Buys Surge As Credit Eases in 1949 Trade
Buying orders pour into Wall Street as credit loosens for securities trading. Stock quotes rise slightly while market speed rebounds after a long wait since January 3 1949. Margin requirements and cash down payments are cut to stimulate activity amid mixed government data on employment production and prices.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Wall Street
Bryson Attends Philadelphia Conference for West Virginia Superintendents
Raleigh County Superintendent Bryson attends a four day conference in Philadelphia with three other state superintendents to discuss regional issues. The meeting concludes on Thursday.
MENTIONED IN THIS ARTICLE
Supt. Bryson
Philly
Raleigh County
W. ‘Bryson
Philadelphia
Tour of U S Denies Visiting Communists
The State Department blocked a proposed two week tour of U S cities by delegates from Soviet and satellite nations after a world peace conference in New York. A notice to embassies said delegates may attend the conference but must depart promptly, and urged the Justice Department to explain the facts and considerations to the visitors.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
State Department
Trem
New York
United States
U. S
National Council of the Arts, Sciences Mail Professions
Philadelphia
Baltimore
Detroit
St. Leuis
Los Angeles
Michael McDermott
Department
Justice
Son of Indicted Man Arrested in Murder Probe
A 22-year-old man, Billy Bearfield of Petley Bottom in the Coal River area, was arrested Sunday by the Whitesville State Police detachment and transferred to Beckley. He is held in the Raleigh County Jail in connection with his older brother Orville Bearfield’s February death. The father, Jesse Bearfield, already faces murder charges to be tried next Monday. Police say a family quarrel at the Bearfield home led to the confrontation in which Orville was killed. Robert Lee Bearfield was present during the shooting.
MENTIONED IN THIS ARTICLE
Raleigh County
Foc J
Billy Bearfield
Petley -Bottom
Coo! River
Orville
Whitesville
State Police
Beckley
Otto
Jesse Bearfield
Robert
Lee
Italy Accepts North Atlantic Pact and Colonies Question
In Washington Italy formally accepted the North Atlantic pact and discussed colonial trusteeship with officials. Italian Foreign Minister Carlo Sforza hailed the pact while awaiting decisions on Italy’s control over its former African colonies. The U N General Assembly will address the colonies in New York starting April 5 as the US ponders its policy on Fri rea and Tripolitania.
MENTIONED IN THIS ARTICLE
State Department
Michael McDermott
Gent Tavide
Portugal
Iceland
Dean Acheson
Sforza
Acheson
Italy
Africa
United Nations Assembly
New York
United States
Frirea
Tripolitania
McQuade Heads Study Committee in West Virginia AP
The West Virginia Associated Press Continuing Study Committee names C. J. McQuade as chairman. W. R. Keyser also appoints Dallas Highee to the panel, succeeding Jamison who resigned. The group has studied AP news reports for about a year. McQuade brings 20 years in West Virginia papers and a stint at the Rocky Mountain News.
MENTIONED IN THIS ARTICLE
Associated Press
WELCH
C. J (Needy) McQuade
Telegraph
Beckley Raleigh Register
West Virginia
Associated Press- Continuing Study Committee
Siliaiecieeee
Sue Jamison
The
Charleston’ Gazette
W. Ric Keyser
Welch Daily News
State AP Association
Keyser
Dallas Highee
Gazetté
Jamison
AP News
Clarksburg
West Virginia Coach To Headline Beckley Banquet
Junior Chamber of Commerce plans an April eight banquet at El Chico Cafe honoring Beckley College basketball, Woodrow Wilson High School, and Beckley Junior High School teams. Lee Patton, WVU head coach, will be the principal speaker. tickets sold at the Sports Center and Keatleys with limited 75 seats for Jaycees and the public.
MENTIONED IN THIS ARTICLE
Lee Patton
West Virginia University
Unidentified Submarines Sighted Off Luzon Coast
Governor Gregorio Santayana of Quezon Province reports unidentified submarines off Luzon Island's east coast. Philippine authorities say reports have been frequent for three months but no underwater craft have been found despite coast watchers patrols and reconnaissance flights.
MENTIONED IN THIS ARTICLE
Manila
Gregorio Santayana
Quezon
Luzon
Philippine Constabulary
Santayana
Also Mentioned on This Page
Fordi
Elte
Pineadelphia
W. Va
Tly_T
McClintic
Park
Ampollini and Sons
Ampollini
Chinteston Coal Company
Ernest Bailey
N. P. Rhinehart
Charleston
Beckley Civic
Conservation Commission
Grandview Park
Turkey Spur
New River Gorge
Okay L. Patteson
Govenor
Grandview Beauty
Moose Club
Commission
iGrandview
Juru Uun
al Trieste
Este
Raleigh County Criminal Court
W. A. Riffe
MacArthur
Mediterranean
U.S
McQuade
Rocky Mountain News
Denver
Son
Guery
Harlan Co
Harlan
Harlan County
Bui] Willams
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