Credit restrictions eased but little overall change seen
Dealers report only modest shifts as credit controls ease. Ford, Chevrolet and DeSoto Plymouth firms outline 18 to 24 month financing with one third down still required for most cars. Banks expect minimal impact on car and appliance financing.
MENTIONED IN THIS ARTICLE
Wade Pipkin
Ford
Pipkin
Phil Burns
H. F. Hickman
Chevrolet
T. W. Pollard
Chrysler
Plymouth
J. B. Davidson
DeSoto
Myron Roe
Roe
Ralph Geisenhower
Snyder National Bank
Nolan Watson
West Texas State Bank
Oil workers strike halts talks as Washington plans fuel cuts
Denver May 10 labor contract talks stop in 11 day oil worker strike that has strained air travel and spurred a Defense Order to conserve motor gasoline. PAD requires stations and bulk plants to hold minimum stocks, while unions demand wage increases up to 25 cents an hour.
MENTIONED IN THIS ARTICLE
Denver
Washington
Wage Stabilization Board
WSB
O. A. Knight
Oil Workers International
OIO
Petroleum Administration For Defense
PAD
Midwestern
Columia
PAC
Knight
California
Shell Chemical Corp
Pittsburgh
Calif
CIO
Department of Defense
United States weighs appeal to Moscow in stalled Korea talks
Washington considers asking Soviet Union to help move the deadlocked Korean truce negotiations toward a conclusion. Officials note Kennan’s Moscow arrival could mark a first major diplomatic step, while questions remain about Moscow’s influence on Chinese and North Korean commanders and overall Kremlin aims in Korea. The UN backs repatriation limits, with 100000 of 170000 prisoners resisting.
MENTIONED IN THIS ARTICLE
Washington
United States
Moscow
Soviet Union
George F. Kennan
United Nations Command
Neds
United Nations
U. N
Russia
Korea
Kremlin
Far East
Europe
Peiping
Snyder Bank Adds Two Members to Board and Increases Surplus
Snyder National Bank expands its board at a shareholders meeting adding Ralph bank and G B Clark Jr a Snyder lumber dealer. President William Fuller announces capital structure changes raising surplus by 200000 to 250000 and listing total capital at 576000 including stock profits and reserves. Geisenhower and Clark are noted as long time local civic figures with prior banking and public service roles.
MENTIONED IN THIS ARTICLE
Snyder National Bank Board of Directors
Ralph Geisenhower
G. B. Clark, Jr
Snyder
William Fuller
Freed General Is Unharmed By Communist Captors
Brig. Gen. Francis T. Dodd was released unharmed from Koje Island after 78 hours in captivity. The U S Eighth Army said the general was freed at 9 30 p.m. and would be flown to headquarters for a news conference. A meeting of island prison leaders preceded the release and Red negotiators list of prisoner grievances were being addressed.
MENTIONED IN THIS ARTICLE
Seoul
Korea
Francis T. Dodd
Koje Island
U.S. Eighth Army
Dodd
Eighth Army
Rocky Island
Island
Robert Raven
Newton
Tex
Raven
Wardlaw Sentenced to Three Years for Tax Evasion
Dallas May 1001 ex-assistant district attorney A L Wardlaw was sentenced to three years in federal prison after a jury convicted him of income tax evasion for 1948 and 1949. Judge Davidson hinted the term could be cut after a related case involving Sheriff Sally Montgomery. Wardlaw posted a 7000 bond and plans to appeal.
MENTIONED IN THIS ARTICLE
Dallas
A. L. Wardlaw
Tarrant County
T. Whitfield Davidson
Wardlaw
Fort Worth
Sally Montgomery
Montgomery
Davidson
Deffebach Denies False Arrest Over Road Block Charge
Lyle Deffebach, arrested last week on allegedly blocking a public road, says he was falsely charged. He argues drilling for oil near his land hinges on unitization to ensure proportional mineral rights and disputes the road status, claiming the old Post highway by his property never became a public road.
MENTIONED IN THIS ARTICLE
Deffebach
Lyle Deffebach
Lone Star Production Co
Kirkland & Fields
Railroad Commission
Supreme Court braces for steel seizure case briefs
The government and the steel industry presented thick Supreme Court briefs on President Truman s seizure of the eight billion dollar steel industry to avert a strike. The CIO steelworkers call wage talks a sham while the industry argues seizure was illegal and unconstitutional. Oral arguments follow as Acting Atty Gen Perlman and John W Davis lead their sides.
MENTIONED IN THIS ARTICLE
Washington
Truman
Supreme Court
High Court
CIO
John W. Davis
Congress
Justice Department
Department
David A. Pine
Federal District Court
Pine
Philip B. Perlman
Davis
Perlman
Wilson
Movement Started Here For $390,000 Park Bond Election
The Scur ry County Chamber of Commerce and civic groups move to call a $350,000 park bond election in June after board approval of a countywide park plan. Plan includes livestock arena, swimming pool, 20 barbecue pits, playground equipment, three tennis courts, three softball fields, five picnic pavilions and landscaping.
MENTIONED IN THIS ARTICLE
Scurry County
Chamber of Commerce
Chamber
Marven Stevenson
Stevenson
Chamber Board
Snyder
Herbert Feather
Edward Harte
San Angelo
John Blake
Jake Springer
Borger
Russians Challenge Berlin Patrols On Helmstedt Autobahn
Western allies faced a fresh Berlin incident as Russian border guards barred patrols from the Helmstedt end of the Berlin Helmut Schmidt Autobahn. Commands from U S Britain and France said they informed General Vasily Chuikov of the issue while noting the move appeared to be a misunderstanding and would be resolved without escalation.
MENTIONED IN THIS ARTICLE
Berlin
Berlin-Helmstedt
Soviet Zone
U. S
Vasily I. Chuikov
Chuikov
Case Against Cops Shrouded by Threats and Allegations
In New York on May 10 the graft trial of five policemen was shaken by an anonymous telephoned threat to the prosecutor and the beating of the witness brother. Victor J. Horwitz said an unknown caller threatened him and police guard protection was set for the witness and his family. The defendant policemen face graft charges linked to bookmaking operations run by Harry Gross, with the witness accusing top officials of protecting the ring. Thirteen more officers are to stand trial later on graft accusations.
MENTIONED IN THIS ARTICLE
New York
Victor J. Horwitz
Jackie Gross
Harry Gross
Herwitz
Young Gross
Gross
Ground action on front line as clashes flare across Korea
Allied patrols raided Communist frontline positions on the east central Pukhan River sector. In a two hour clash one Allied unit chased Reds with 16 killed claimed by the Eighth Army. Western Front saw patrol clashes and an artillery duel with Allied forces briefly withdrawing then reoccupying a western Korangpo outpost.
MENTIONED IN THIS ARTICLE
Seoul
Korea
Pukhan River
Eighth Army
Pakhan
Korangpo
Farmers Hopeful to Plant Cotton as Rain Remains Scarce
Scurry County farmers, usually cotton growers, near the cotton planting deadline with no rain in sight. Many delay planting past June 15 hoping for moisture, while a few have started and gamble on emergence. Weather and soil dryness push some to consider grain crops, with seeds and prices rising as moisture remains scarce.
MENTIONED IN THIS ARTICLE
Scurry County
Oscar Fowler
Fowler
Martin
Snyder
Also Mentioned on This Page
Snyder Bank
Geisenhower
Galveston
Denison
Clark
Hill County
Country Club
Steel
Commissioners Court
Arnold Schuster
Pants Yresser
Willie
Suttor
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