Record Labor Force at Work As Sales Rise
New York report shows the largest labor force in history as both business and consumer buying surge. Backlogs swell with $3 billion in July unfilled orders while inventories shrink and factories brace for continued rearmament demands amid inflationary trends. Corporate earnings stay high and dividends likely, with tax and controls debate edging through Congress. The stock market gains modestly as it resumes recovery from the Korean war era slump.
MENTIONED IN THIS ARTICLE
New York
Congress
New York Stock Exchange
Livestock Prices From Chicago Market Report
Hogs were nominally steady with tops to 24.25 and bulk around 21.50 to 23.75. Cattle and calves showed steady quotes with steers 29 to 32.50 and calves 19 to 33. Sheep offered 100 head with lambs 25 to 28 and ewes 10 to 13 as the market absorbed offerings.
MENTIONED IN THIS ARTICLE
Chicago
Kilgore pushes internment camps as Reds plan for crisis
Sen Kilgore of West Virginia proposed internment camps for Communists in a national emergency and said a group of senators is studying the legal angles. He favors the move as a substitute for Communist registration, arguing it would be needed only during a declared emergency. The Senate debates an anti subversion bill McCarran sponsors, with registration sections carried into the omnibus measure. Kilgore calls registration a police state tactic with little effect and argues internment would safeguard the nation with extra FBI personnel and executive power.
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Washington
Kilgore
West Virginia
Senate
Congress
McCarran
Nevada
Judiciary Committee
Truman
House
Mundt
South Dakota
Ferguson
Michigan
Johnston
South Carolina
Senate House
Justice Department
FBI
First Armored Division Group Elects Euclid Man
The First Armored Division Association named Thomas W. Hoban of Euclid as president at its third annual reunion. Jacob Shapiro of Canton, Mass., was elected vice president, and Paul Brown of Youngstown was named national judge advocate.
MENTIONED IN THIS ARTICLE
Cleveland
First Armored Division Association
Thomas W. Hoban
Euclid
Army
Jacob Shapiro
Canton
Mass
Paul Brown
Youngstown
Reds Stop U S Film in Tel Aviv Theaters
Communist demonstrators hooted a United States information service film on Korea in Tel Aviv theaters. The film had approval from the Israeli censorship board, but cinema owners halted projection to avoid possible damage by communists.
MENTIONED IN THIS ARTICLE
U. S
Tel Aviv
Israel
United States Information Service
Korea
Israeli Censorship Board
Fans at Cairo Funeral for Actress Camelia
Thousands of excited fans filled Cairo streets for the funeral of Camelia the Lana Turner of the East, killed with 54 others in a Trans World Airlines crash. Police struggled to manage the crowd outside St. Joseph's Church as last rites were held behind closed doors for Lilianne Cohen, her real name.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Lana Turner
St. Joseph’s
Camelia
Lilianne Cohen
Grain Market Slips and Dips on Slow Trading Day
Chicago grain prices mostly moved little on the Board of Trade as early gains faded. Soybeans edged ahead of the prior close while wheat and corn fluctuated, with a mix of fractional decreases and modest advances reflecting ongoing speculative interest and light weekend position adjustments.
MENTIONED IN THIS ARTICLE
Chicago
Board of Trade
Strike at G. E. Hits War Work
New York reports a threatened strike against General Electric set for Tuesday. CIO union says 35 000 members nationwide will quit to push pension and pay demands while 23 000 already walked out at six eastern plants. GE says 20 percent of output goes to war work including jet engines radar and gunnery systems. Key demands include a 10 cent hourly boost plus vacations pensions and holidays. GE offered about five cents extra but union refused unless pension contributions are shared.
MENTIONED IN THIS ARTICLE
New York
General Electric Co
G.E
C.I.O. International Union of Electrical Workers
Carey
Judge Turner Stricken In Hawaii Flying Home
Judge Edward Turner of the Ohio State Supreme Court was taken to a Seattle hospital in serious condition after arriving from Honolulu aboard a Pan Am flight. His son Carl Turner said a stroke struck him in Honolulu and Northwest Airlines was arranging space for the return trip to Columbus.
MENTIONED IN THIS ARTICLE
Seattle
Edward Turner
Ohio State Supreme Court
Pan American World Airways
Honolulu
Carl Turner
Northwest Airlines
Columbus
Rotary governor to visit Canton Club at Friday luncheon
Hiram W. McGrath district governor of Rotary International District 229 will visit Canton Rotary Club for its Friday noon luncheon at Onesto Hotel. He will meet with President Norman J. Tschantz and Secretary Joseph M. Markley to discuss club administration and service work. The Columbus Pump Co. executive tours 54 units in northeastern Ohio among 186 district governors serving 7,075 clubs and 337,000 members in 81 regions worldwide.
MENTIONED IN THIS ARTICLE
Rotary International
Hiram W. McGrath
Columbiana
Canton
Rotary Club
Onesto Hotel
Norman J. Tschantz
Joseph M. Markley
McGrath
Columbiana Pump Co
Ohio
Rotary
Television and Radio Led Scare Buying in July
Ohio shoppers rushed to buy radios phonographs and televisions as the Korea war spread concerns. The Cleveland Federal Reserve Bank reported department store sales for these devices surged 218 percent from July last year, the largest gain among departments, with domestics muslins and sheetings up 176 percent and major appliances up 131 percent. Household textiles and furnishings also posted double digit gains.
MENTIONED IN THIS ARTICLE
Cleveland Federal Reserve Bank
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