U S Economy Still In Boom Stage In 1948
The U S commerce department economists say America is turning out goods at a surge level, marking a peak boom period in 1948. A San Antonian is noted in a brief light want ad.
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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 16, 1950
Page
6
The U S commerce department economists say America is turning out goods at a surge level, marking a peak boom period in 1948. A San Antonian is noted in a brief light want ad.
Mrs. Cassady of East Gadson Alabama praises HADACOL after suffering weight loss nervousness and gas pains. She credits two bottles with improved appetite weight gain and relief from headaches and gas pains. The ad vows a strict money back guarantee and urges readers to insist on the genuine HADACOL.
The House Ways and Means Committee backed a 10 percent withholding tax on corporate dividends to chase unreported personal income, with estimates of $150 million yearly gain to the Treasury. Public hearings begin tomorrow on alleged irregularities at the St. Louis Wy Finance Center. A separate aid package totaling $3.12 billion for Europe and non Communist areas awaits final votes in both houses, including funds for Korea, Palestine refugees, and the Point Four program.
The senate committee investigating gambling and crime asked Virgil Petersen, Chicago crime commission director, to review information his group has gathered. The request came from Rudolph Halley, a newly appointed committee member.
Park Commissioner Henry F Hein stated north side garbage collection lagged due to election week activities. He admitted crews were delayed while canvassing for votes on last Tuesday's charter amendment, noting the transfer of dump operations did not cause the slowdown.
A Russian immigrant Benjamin Poysoff, 54, custodian at Independence Hall, bought the first bond as Secretary Snyder started the 1950 U S savings bond drive tapping the Liberty Bell. The purchaser gave $500 in individual and national security bonds to launch the nationwide campaign.
St. Mark's marked 100 years of service with a Plaza hotel centennial banquet. Guests included Bishops Brislop Jones and Wilson Hunter plus Arthur Huston Arthur McKinstry Thomas Wright and Mrs. W. B. Stevens. Rector Rev Harold Gosnell led readings and remarks urging a world minded church filled with light and courage.
Virgil S. Clair, 33, of 1708 Calhoun Street, was treated at Robert B. Green hospital for cuts and bruises after being robbed of 7 dollars. He said a man in uniform and a youth offered to drive him home, then slashed his arms, kicked him from the car, and stole his money before fleeing.
Coppini the San Antonio sculptor was feted on his eightieth birthday at a St. Anthony hotel banquet attended by over 250 friends and civic leaders. The Classical Art fraternity hosted with Dr. W W Jackson giving the presentation speech and Governor Shivers' representative Charles W Duke sending congratulations. Numerous attendees delivered short tributes as Cecelia Steinfehit Marshall and Joseph A Burger performed music and song.
Police records report a man carving his car on Flores Street prompted a police response. Fred Waters, 40, of Hawthorne Street, was booked for intoxication and is under investigation after the incident near Harden and 2202. Flores Street involvement details remain under inquiry.
Police reported Tuesday burglars pried open the college cafe door in San Antonio rifled cigarette and cold drink machines and carried off a penny gum vending machine.
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