Hopeful of Ending Alcoa Antitrust Suit
Federal judge moved the 22 year old antitrust case toward a final phase. The government seeks a breakup of Alcoas production facilities worth about 579 million dollars. It cites a 1947 Kaiser contract as creating dependence on Alcoa for key raw materials and licenses that hinder competition.
MENTIONED IN THIS ARTICLE
NEW York CP
Aluminum Company of America
Alcoa
John CC. Knox
Leonard J. Immerglick
U. S
Henry J. Kaiser
Kaiser
Emmerick
Department of Justice
War Assets Administration
State Rent Controversy Shapes New York Housing Policy
Debate centers on federal decontrol and state protection for tenants as New York eyes rent safeguards. The proposed federal plan would extend residential controls to June 30, 1950 and set rents to ensure landlords receive fair net income where possible. Non transient hotel apartments in New York City and Chicago would be recontrolled with rents frozen at March 1, 1949 levels.
MENTIONED IN THIS ARTICLE
New York
Dewey
Legislative
New York City
Chicago
GPA
Sponsor Lets Bill Die in Committee
The sponsor of a proposed constitutional amendment to permit construction of enclosed cabins in forest reserves says the measure will die in committee. Republican Assemblyman Harry A. Reoux of Warrensburg and GOP Senator Pliny W. Williamson of Scarsdale had sponsored concurrent resolutions to put the measure before voters.
MENTIONED IN THIS ARTICLE
Albany
Treserve
Harry A. Reoux
Warrensburg
Assembly Rules Committee
Reaux
G.O.P
Pliny W. ‘Williamson
Scarsdale
150 Grain Millers on Two Week Vacation
About 150 employees of the International Milling Co. are on a two week vacation after operations at the plant were suspended yesterday. Stanley J. Bauer of Local 36 AFL Grain Millers says workers are due back April 11.
MENTIONED IN THIS ARTICLE
Buffalo
International Milling Co
Stanley J. Bauer
AFL Federation of Grain Millers
Fire razes drugstore. elderly woman dies in blaze
In Cincinnati an early morning fire tore through the Paul J. Streichler drugstore basement, killing an elderly woman and injuring two firemen. Five families above the store evacuated to safety as flames swept the building. The loss is estimated at $25,000 with origin undetermined.
MENTIONED IN THIS ARTICLE
Cincinnati
Paul J. Streichler
Public Service Hearings on NY Telephone Rate Bid Delayed
The Public Service Commission recessed hearings on New York Telephone Company's request for a 15 percent rate increase until May 9.
MENTIONED IN THIS ARTICLE
Albany
Public Service Commission
New York Telephone Company
Love Wins In Real Life Courtroom Scene
Academy Award winning cameraman Valentine leaves film set to face divorce and separate maintenance suit. After a conference with Superior Judge Joe Peaycraft he calls his two year old son saying parents are coming home together.
MENTIONED IN THIS ARTICLE
Los Angeles
Valentine
A. Valentine
Joe Peaycraft
Honey
Daddy
Mom
Wall Street reacts as margin rules eased to 30 percent
Brokers report a psychological market surge after the Reserve Board cuts margins to 30 percent while few retail investors show interest. Stocks including Montgomery Ward and Loews hit year highs as short-term traders gain momentum and bonds, especially railroad obligations, firm in over-the-counter dealings.
MENTIONED IN THIS ARTICLE
Wall Street
Montgomery Ward
Loew's
U. S. Steel
Republic Steel
General Motors
Chrysler
U. S. Rubber
Sears Roebuck
Glenn Martin
American Telephone
Phelps Dodge
General Electric
Allied Chemical
International Paper
Santa Fe
New York Central
Southern Pacific
Chesapeake & Ohio
Baltimore & Ohio
Illinois Central
Standard Oil
N.J
Plymouth CW
United Bar Lines
Twentieth Century-Fox
Reserve Board
U. S
New Ruling Seen Blow to Inflation Action by Fed eases stock margins
Washington The Federal Reserve Board cut the cash down payment for stock purchases to 3 percent from 75 percent, freeing more credit as reports show falling employment and prices. The rule lets buyers entrust securities to brokers while paying the remainder later, a shift amid signs of cooling inflation in early 1949.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Imade Securities
State Fair Advisory Board Named for Syracuse Exposition
Agriculture Commissioner C Chester du Mond named nine members to the State Fair Advisory Board to help plan the Syracuse exposition schedule from September 5 through 29. Appointees include Henry Sherwood Pine Plains. Babcock Ithaca. Daniel Dalrymple Lockport. Jane Todd Tarrytown. Elizabeth Vincent Straca. Robert Soule Syracuse. Harold Creat Homer. Warren Hawley Batavia. Lawrence Cuthbert Ogdensburg.
MENTIONED IN THIS ARTICLE
Albany
C. Chester du Mond
Syracuse
Dna Mond
Henry D. Sherwood
Pine Plains
Stonroe Babcock
Ithaca
New York
Tartrytown
State Commerce Department
New York Woman’s Council
Elizabeth Lee Y Vintcent
Straca
State ‘College of Home Economics
Robert G. Soule
Syracuse Chamber of Commerce
Harold Creat
Homer
Dairymen's iLeague Cooperative Association
Closing of Cultural and Scientific Conference for World Peace
Soviet papers report the closing of the Cultural and Scientific Conference for World Peace in New York with Pravda Izvestia and others printing full summaries of speeches including Alexander Fadeyev. Preparations for the World Peace Congress in Paris are also cited from various centers.
MENTIONED IN THIS ARTICLE
Moscow
U?p
New York
Pravda
Izvestia
Alexander Fadeyev
Paris
Ford Price Reductions Hinted by Henry Ford in Boston
Henry Ford, president of Ford Motor Co., told Harvard Business School is hosting his visit and that material costs are easing. He stressed that a price cut is possible but not probable, signaling potential changes in Ford car pricing.
MENTIONED IN THIS ARTICLE
Boston Co
Henry Ford OU
Ford Motor Co
Ford
Harvard School of Business Administration
Light Cruiser Joins Fleet Monday in Philadelphia
The United States will commission the light cruiser USS Roanoke at the Philadelphia naval base Monday. The ship, a sister of USS Worcester, cost 30 million dollars and required over four years to build.
MENTIONED IN THIS ARTICLE
Philadelphia
United States
Philadelphia Naval Base
Coplon’s Father Samuel M. Coplon Dies at 69
Samuel M. Coplon, 69, father of Judith Coplon, noted figure in a federal spy inquiry, died today in New York. Once called the Santa Claus of the Adirondacks for aid to needy children, he had been a paralytic invalid.
MENTIONED IN THIS ARTICLE
New York
Samuel M. Coplon
Judith Coplon
Coplon
Santa Claus
the Adirondacks
Rankin Introduces Watered Pension Bill
Representative Rankin of Mississippi introduces a reduced veterans pension bill after testimony from VA officials and veterans groups. The measure narrows eligibility to about 3.5 million WWI veterans, requires financial need and an honorable discharge, and caps monthly pensions at 72 dollars for qualifying 65 year olds with income limits and dependents.
Printer in Over Head on Spelling
A state senator protests a spelling error on a lake bill as the legislature moves to third reading. In St Augustine a prisoner with one leg escapes the county stockade while a preacher sees his sermons stolen in Altoona. In Rossville a pastor is indicted for slapping a church deacon and his wife pays a contempt fine after joy over the verdict.
MENTIONED IN THIS ARTICLE
Boston
Joseph Gibney
Lake
Gibney
Senate
ST. Augustine
Fla. Cins
Walter Reed
Lafayette. Ga
W. J. Heflin
Happy Valley Baptist Church
Rossville
Walker County
Strike Suspended for Pullman Conductors in Chicago
A planned strike of Pullman car conductors set for Thursday in Chicago has been suspended until further notice, an official of the Order of Pullman Conductors said today.
MENTIONED IN THIS ARTICLE
Chicago
Pullman
Transit Employee Accused of Theft in Cleveland
Stanley Frosek, 35, a 30 year Cleveland transit worker, was arrested as detectives recovered nearly a ton of coins from fare boxes he allegedly emptied. Officials valued the loot at about 7000 dollars after they began counting. Frosek admitted guilt. he reportedly removed fare boxes from buses and street cars and kept coins in a locked room for later counting.
MENTIONED IN THIS ARTICLE
Cleveland
IUP
Stanley ‘Prosex
Cleveland Transit System
Prosk
Prosex
Frosek
King George VI Reopens Privy Council After Operation
The king held a privy council at Buckingham Palace today marking his first official act since undergoing an operation on March 12.
MENTIONED IN THIS ARTICLE
London
George VI
Buckingsham Palace
Royal couple escape as boat crashes at Mersey lock
Princess Elizabeth and the Duke of Edinburgh narrowly avoid injury when their small boat, the Galatea, rams the lock wall on the Mersey. They grip rails to keep from being thrown to the deck as other dignitaries aboard watch. The incident occurred during a royal visit with various notables aboard.
MENTIONED IN THIS ARTICLE
Liverpool
Exl
Elizabeth
Duke of Edinburgh
Gay
Merseys
Also Mentioned on This Page
U.S
Bill
By Dick MacKay
Stanley
Kryser
Marvester Cigars
State Fair Board
Rankin
Centre
Banxin
Huntingdon
CPI
Joseph EX. Brady, Jr
Brady
Altoong
Juniata College
Grier School For
Tyrone
F. Padgett
Haddonfield
Frankfort Distillers Corp
N.Y
Transit
Cloade
Crea
Idealnaut
Color Headquarters
Labriel
S. State St
O’brien
Midtown Theatre
Salina St
Mersey
Britain
Liverroool
Big St
Record Shop
S. Warren St
E. Genesee St
RCA
Victor
Gilbert and Sullivan
Mikado
Thag
Bridgeport Good-aire
Bridgeport Srass Company
Bridgeport Z
Simoniz
the Spit Company
Chicaco
Pate Rhone
Marte Or
Herald-Journal
Herald- Journal
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