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Syracuse Herald Journal in Syracuse, New York

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Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Oct 13, 1948

Page

7

Cement Case May Shift Steel Plants

Washington reports the Supreme Court basing point decision may spur decentralization of the steel industry, with the National Military Resources Board noting no immediate plant moves but potential longer term shifts toward closer steel supply sources. The Board foresees possible expansion of production in central areas if pricing methods influence location, though a broad relocation is unlikely.

Washington Supreme Courts Basag Aigh Defense Toney Arthur M Hill National Military Resources Board Wiley R-Wis Midwest Ultmately Tnbamal Federal Trade Commission Supreme Court Seabord Senate Hill The Resources Board

Court ruling sparks hearings on cement pricing impact

The Supreme Court upheld the Federal Trade Commission on cement industry pricing, prompting Senate hearings set for Nov 9 in Washington. Lawmakers weigh whether the decision hurts economic competition and asks if nationwide or zone price systems should change.

Congress Washington Supreme Court Federal Trade Capehart

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