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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jun 04, 1952

Page

2

Strike Threatens Secret Military Items Production

The union strike by 650000 CIO United Steel Workers over pay disrupts steel, coal, ore, rail, and shipping sectors, risking production of secret military items. Mass layoffs follow across railroads, shipping, and mines. ore ships idle. Mesabi iron ranges shut. wartime supplies face shortages. Ohio notes include Doric State House, county election boards, and 1951 city grants.

Pittsburgh Ang Imap. Ofr United Steel Defense Production Henry H Fowler Iron Age Industry Magazine New York Central Railroad Buffalo Pennsylvania Railroad Baltimore and Ohio Ene United Mine Workers Steel Great Lakes Minnesota Mesabi Range Nsw

Ohio Turnpike Board to OK 326 Million Bond Issue Today

The Ohio Turnpike Commission was expected to approve a 326 million bond issue, the largest of its kind, to fund the 241 mile toll road amid past lawsuits and delays. Blyth & Co of New York submitted a bid at 97.6 for each 1000 of bonds, with delivery by September and 40 year maturities. Reginald Schmidt cited 171 banks in the original syndicate, expanding to the largest group for similar projects.

Columbus Ohio Turnpike Commission Blyth & Co of New York Reginald Schmidt Financing Group Commission James W. Shacknessy

Television and Radio Schedule for Wednesday June 4

Broadcast lineup lists WIAM and WIW programs including news, music, plays, and talk shows. Notable items include Gen Eisenhower coverage, Its A Hit, News, and The Lone Ranger segments.

Wiam Farrell Lorenzo Jones Gen Eisenhower Roth Willson WIW Moon Dog Jin Dudley _Ted Malone Lone Ranger Soupy Hines

Bank of America balks at highway venture underwriting

In response to Gov Lausche, the commission chairman said Bank of America is not interested in underwriting the project. Several large insurance firms also indicated they would not participate. Engineers estimate start around Oct 1 and completion within 34 months after bonds delivery, with the first segment from the Ohio-Pennsylvania line to the Trumbull-Mahoning line finishing in 16 months.

Frank J. Lausche Commission Bank of America Ohio-Pennsylvania Line Petersburg Trumbull- Mahoning County

Market Quotations Show Mixed Changes Across Commodities

Meat animal prices rose about 10 percent from April to May 15 while remaining 5 percent below a year earlier. Wheat slid 11 cents per bushel month to month but was 2 percent higher year over year. Soybeans gained 7 cents yet fell 35 cents from last year. Dairy products dropped 4 percent from the prior month but climbed 4 percent versus last year. Poultry and poultry products dropped 6 percent from April and were 22 percent lower than a year ago. Allen County is named for Col onel Allen who fought in the War of 1812.

Columbus Ohio Federal Allen County Colonel Allen

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