Record profits soar for 450 firms as taxes loom
American corporations show a 43 percent jump in second quarter 1950 profits to 1.625 billion, lifting six month total to 2.865 billion. Despite tax hikes and rationing, 26 major groups rise. motor makers lead with 540 million first half. Data notes pre Korean war and pre strike easing, with strong gains across chemicals, aviation, metals, and food products. Brownies recipe section follows unrelated.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Reserves Get Debt Holiday Under Civil Relief Act
Washington reports that reserves and national guardsmen called to active duty are protected from foreclosure and financial loss under the World War II Soldiers and Sailors Civil Relief Act. Guardsmen may seek reduced home payments and legal aid through the army, with courts ordering reasonable payments during federal service. The relief covers installment loans and life insurance premiums for reservists, national guardsmen, and draftees.
MENTIONED IN THIS ARTICLE
Washington
Army
Molly Stark TB Addition Bids To Be Awarded Friday
A special 10 am Friday meeting of the Molly Stark Sanatorium building commission will award contracts for a new 108 bed addition. Ohio Health Dept plans approved by surgeon general clear the way for bidding. Low bidders: Paul Kintz Co Alliance general, Standard Plumbing Canton plumbing, Hirscher Clarke Electric Canton electrical. Financing from 500000 bond issue, federal aid about 267752, and 35504 from hospital trustees and county funds.
MENTIONED IN THIS ARTICLE
Molly Stark Sanatorium Building Commission
Anthony J. Borowski
Bureau of Hospital Facilities
Ohio Health Department
Surgeon General of
United States
Building Commission
Paul Kintz Co
Alliance
Standard Plumbing Co
Canton
Hirscher- Clarke Electric Co
Hospital
General County
Three Men Injured In Traffic Mishap
Three persons injured when two cars collided on a curve on Sherman Church road two miles south of Shepler Church road Wednesday at 10 10 p m sheriff s office reports Fred Lorenzo 20 of 1829 Garfield Ave SW suffered multiple arm and scalp cuts a fractured foot and was held for X ray Mercy Hospital John Najda 23 of 1428 15th St SW suffered chest and knee scratches John C Simon 21 of Bolivar driver of the other car suffered leg and arm cuts and bruises Najda said he was traveling north and could not see the road ahead as he rounded a curve he said he braked and skidded into the south bound Simon machine Stanley Rinehart 19 of 1958 8th St SE suffered a fractured nose and facial injuries and hand cuts Wednesday at 9 58 p m when a motorcycle he was riding collided broadside with a city owned vehicle driven by Park Patrolman Wayne East 37 of 1528 Gibbs Ave NE at 6th St and Gibbs Ave NE police report Rinehart was tak
MENTIONED IN THIS ARTICLE
Sherman Church Rd
Shepler Church Rd
Sheriff’s Office
Fred Lorenzo
Garfield Ave
Mercy Hospital
John Najda
15Th St
John C. Simon
Bolivar
Stanley Rinehart
Wayne East
Gibbs Ave
6Th St
Rinehart
Tak
Jewett Auto Crash Victim Succumbs to Injuries
George Walter Gotschall aged 57 of Jewett died in Ohio Valley Hospital Steubenville from injuries in an auto wreck last Friday. He was a Clearfield Coal Co truck driver, a Presbyterian elder and Grange member. Survived by widow Velma, daughter Edith Miser, sister Verna Jennings, and brother Roy Gotschall. Services Friday at 2 pm at home with two ministers. burial in Jewett Cemetery. Public viewing Thursday night.
MENTIONED IN THIS ARTICLE
Jewett
George Walter Gotschall
Ohio Valley Hospital
Steubenville
Gotschall
Clearfield Coal Co
The
Presbyterian Church
U S Visitors in Canada Receive Red Peace Welcome
In Montreal on August 3, AP reports U S tourists to Canada find blue and white stickers reading Welcome to Canada and take this back to Truman hands off Korea. Police are ordered to arrest anyone placing stickers.
MENTIONED IN THIS ARTICLE
Montreal
U. S
Canada
Truman
Korea
Wesleyan Hosts Foreign Students From 10 Countries
Delaware August 3 AP Students from England Italy France Holland Switzerland Ireland Morocco Persia Sweden and Finland will visit Ohio Wesleyan University Aug 9 to 16. They will tour city and county government meet state officials and hear from candidates and lobbyists before touring Columbus offices. The soybean note at article end is unrelated.
MENTIONED IN THIS ARTICLE
Delaware
Ohio Wesleyan University
United States
National Student Association
Ansel Lockhart
James Samson
Columbus
England
Italy
France
Holland
Switzerland
Ireland
Morocco
Persia
Sweden
Finland
Wine and Cigaret Sales Rise in Ohio 1950
Ohio reports the first six months of 1950 show wine excise tax up 12 percent and cigarettes up 4.35 percent, while beer and malt beverages decline. Total excise tax collections reach 22,913,089 dollars as beer sales fall by roughly 10,000 barrels.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Department of Taxation
Department
Fined for Battery in North Canton Court
Carl Werner aged 26 of 206 30th street SW was fined 25 dollars and costs in North Canton Mayor's Court on an assault and battery charge filed by his wife after a domestic quarrel.
MENTIONED IN THIS ARTICLE
Carl Werner
30Th St
North Canton
Pastor's father killed by freight train in Steubenville
Homer A. Abel, 78, father of Rev. Prentiss A. Abel, was struck and killed by a moving freight train in Steubenville. The tragedy occurred as he walked along the tracks near the rail yard, leaving the community in shock. An investigation was opened to determine the circumstances surrounding the fatal incident.
MENTIONED IN THIS ARTICLE
Steubenville
Homer A. Abel
Prentiss A. Abel
Also Mentioned on This Page
Appy
Junior
Talmond
Molly Stark
Mr. Najda
Simon
Hart
Reds
Wesleyan
Sheng Nung
Penetianns PA
Golden Age Distributing Company
Cherry Ave
Altman’s
Altman Furniture
Tuscarawas St
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