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Newspaper
Syracuse Journal
Location
Syracuse, New York, United States of America
Date
Mar 20, 1939
Page
12
B C Forbes style analysis notes Europe shows no prompt war, yet Germany remains a danger. Markets rebound if war does not erupt while New York’s industrial averages slide about ten points. Ferber argues domestic policy and tax relief shape investor confidence amid uncertain spring prospects.
The analyst notes strong risks from Hitler and Mussolini abroad and Roosevelt at home, but cites potential balance of power in Europe. He warns against panic selling in stocks, favors holding solid private enterprises, and expects a rebound after oversold conditions. The Dow Jones around 115, with possible tests at 136.4 if dips continue.
M S Ruiskeyser at Notre Dame publishes a handbook titled A Study of the Wealth of the United States 1222 1922. The volume, edited by Harry Leas and Father Conricting Townstadities, argues wealth is more than factories and rails, emphasizing comfort goods and consumer goods within American life.
General Motors total payroll for 1938 reached 4300,25,930 with a 34.7 percent drop from 1937, as the Brown-Sipe-Chapin plant in Syracuse operated five days weekly with about 1,100 workers. The year saw $22,598,650 in gross plant expenditures and $35,321,098 in special tooling for 1939 products, while world sales valued at $1,086,973,000 and 3,397,749 vehicles were produced and sold. Net earnings available stood at $10,150,007 with $73,564,641 in dividends and $28,923,398 retained for expansion. Cash and equivalents totaled $242,595,370 with total networking receipts at year end near $980,243,512.
Prices for apples, beets, cabbage, carrots, grapefruit, grapes, melons, onions, peppers, and several fruits and dairy items are cataloged. The report notes shipments from Syracuse and other markets, with various crate and box quantities, weights, and per unit costs. It reflects retail and wholesale pricing for regional buyers and commissioned houses under state agriculture guidance.
An incomplete OCR excerpt references U.S. Treasury notes and a date around 1922 but provides no complete facts, names, places, or outcomes to form a substantive news item.
Treasury balance as of March shows miscellaneous internal revenue around $5214,374,008372 and customs receipts about $5,472,214.69 along with other items totaling $15,282,249-83. The data reflect government revenue streams and balances for that period.
Market responsive report from New York shows fluctuating prices for vegetables and produce. Western onions and cabbages feature varied quotes with quality influenced by crop stage and region. Potatoes and carrots display steady to strong trends across Long Island and New England markets with notable price ranges for Red, Green Mountain, and Katahdin varieties.
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