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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Dec 29, 1949
Page
5
A fragment from the Elyria Chronicle Telegram dated Thursday December 29 1949 provides no clear event details or names to summarize. The readable portion lacks context to form a complete news item with entities or outcomes.
LESLIE GOULD notes fifty years of achievements in science industry and medicine while warning that growth in international cooperation is threatened. He cites warains education equal rights and labor reforms and cautions against both political radicalism and reduced religious engagement as risks to continued prosperity. He ends with France's cutlery sector hurt by lack of purchasing power.
Willys-Overland Motors Inc reports stronger financials for the year ended Sept. 30 with working capital at 25,108,011.55 dollars, up 3,151,384.79 from last year. Current assets to liabilities rose to 32-1, and no bank indebtedness is reported. Sales fell to 142,362,944.13 dollars. foreign shipments reached 18.7 percent of total at 26,647,161.00 dollars.
Net earnings for the 12 months totaled 3 423 710 88 after taxes equating to 1 04 a share in common stock. Last year per share earnings were 239. Officials note the firm has no debt, low inventory and strong products. Meanwhile at Skinner Manufacturing Miss Lucille Dunlevy, 27, an experienced employee who has been totally blind for five years, is praised as one of the most efficient workers in packaging macaroni.
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