Price freeze fails to curb rise in low end goods
The article argues that price controls do not force continued low end production. It notes regulations lack requirements to keep low-priced items in production and cites GM and a housedress maker as examples of possible shifts to pricier lines. It stresses uncertainty about manufacturer plans.
MENTIONED IN THIS ARTICLE
General Motors
Cigar and Statonery Merchants Federation
Cigaret Companies
Cigaret
European Travel Commission
Europe
New Orleans
Cheaper product lines face pressure from wage price controls
The piece notes manufacturers cutting low priced lines and shifting to higher priced items, risking higher living costs. Defense orders and price stabilization measures may curb such moves, while rumors of fabric and textile shortages, travel promotions, and rain checks affect consumer behavior and business.
New Household Goods Market Tests Lead With Novel Wares
Loren Products Co. previews a chamois substitute impregnated with Hycar latex that resists gasoline and detergents longer than chamois. Alexis introduces toddlers pa jams with metal gripper fasteners and vinyl lining for diaper area. S C Johnson & Son unveils a wax furniture polish from its Racine tower that shines without polishing yet is not for plastics or floors. Dockworkers in Virac Philippines strike after ship officers deny travel passes to a labor head.
MENTIONED IN THIS ARTICLE
Loren Products Co
W. 31St St
New York
Alexis, Inc
Two men escape injury. one faces lawsuits
In a jury trial both men survived, but only one lives free of looming lawsuits because his car was insured in the Hartford. The other lacks such coverage, raising potential liability questions.
MENTIONED IN THIS ARTICLE
Hartford
What's Got Into Harry Off Asked Question
Washington reporters note President Truman has shown irritability and sharp responses in recent months. The White House burden, memory for kindness and slights, and heavy duties are cited as factors. He praised some friends but criticized unions, a Senate sub committee report, and a critic, while recalling past statements and promises. Egypt plans to build a mint.
MENTIONED IN THIS ARTICLE
Washington
Harry
Truman
Mr. Truman
Margaret
United States Marine Corps
White House
Senate
J. William Fulbright
Ark
Strike and Cold Hit Steel Production Across Regions
Steel Magazine reports that a men’s strike and severe cold cut last week’s output by 10000 net tons of ingots and large amounts of pig iron and coke. Defense needs push mills to curb civilian goods, with curtailment expected in autos and other products. Ingot capacity dropped nationally to 97 percent, with Cleveland at 21.5 percent and other regions showing declines. Mexico paid 8.7 million in indemnity for 1938 oil expropriation, still owing 104.3 million.
MENTIONED IN THIS ARTICLE
Cleveland
Steel
Industry Journal
New England
Detroit
Eastern Pennsylvania
St. Louis
Chicago
Pittsburgh
Humor fades as current events curb jokes
New York comic Herb Shriner says topical gags about taxes bombs and the president are dying a humorless death. He plans to drop most time and name jokes because current events strike too close to home and provoke wincing rather than laughter.
MENTIONED IN THIS ARTICLE
New York
Herb Shriner
Herbert Hoover
Also Mentioned on This Page
Business Today
Bureau of Labor Statistics
Defense Mobilization
Office of Price Stabilization
Elyria Finance Corporation
Broad St
Over Bell Co
Miami Ave
Eastern Heights
Eastern Heights Land Co
Valentine
America
Lody
Arrow
Mitoga
Scott
Cpl
Arthur Reininger
San Antonio
Tex
Oakland
Cal
Naval Hospital
Reininger
Changjin Reservoir
Northeast
Korea
International Soundphoto
Virac
Philippines
Manila Steamship Company
Karl W. Plocher
Lorain County Bank
Buford Accident and Indemnity Company
Bertford
Connecticut
Egypt
Ree
Mary Lee Candies
Mexico
H.C. L
Army
R. M. Vincent
Amvets
Kipling ST
Broad and Clark &J. Opp
Ridge Tool Co
Akron
Ebert
Broad Street
Ens
Elyria
West Broad Street
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