Market optimism fuels near term boom in housing and metals
The piece notes stock markets near highs with no major pullback over 11 months, highlighting a boom in motor cars and construction tied to a peak season. It cites rising prices in lumber, copper, steel scrap, lead, zinc and tin, while inflation fears and tax policy debate frame the outlook, including proposed capital gains relief and dividend withholding.
MENTIONED IN THIS ARTICLE
Leslie Geald
Indus
Treasury
England
U. S
Tax policy clash and local notices from Penfield area
The page reviews tax ideas including capital gains, depletion allowances for oil and minerals, and coal competitiveness, noting a House vote to raise coal allowances. It also reports community notices from Penfield, Bible school plans for June, teacher institute attendance, Taft committee activity, and local briefs including a divorce strike incident and a boxing bout fine.
MENTIONED IN THIS ARTICLE
Washington
Conmatte
House Committee
Truman
Treasury
White House
Mr. Truman
House
Penfield Plan Bible School
Penfield
Harold Sooy
George Schissler
Frank Crawford
George Bullis
Teacher's Institute For
Litchfield Congregational Church
Taft
Orville Knapp
Hotel Cleveland
Senate
X. North
Lorain
Lorain County
Bob Squire
Cleveland
Ralph Bowman
Bowmans
Bob
Robert Squires
Canada
Steel Supply Tightens As Demand Surges In 1940s Market
Steel Magazine reports production edging toward capacity while demand heats up. Scrap and imported steel gain traction as prices edge higher. National output hits a weekly all time high at 101.5 percent capacity with regional gains and mixed index movement across cities.
MENTIONED IN THIS ARTICLE
Steel Magazine
Cunvelany
Iso
Steel
National Steel
St. Louis
Cincinnati
Wheeling
Pittsburgh
Detroit
New England
Cleveland
Far West
Unions Lose Friend In Powerful House Post
Washington sees a 20 year labor ally retire as John Lesinski of Michigan dies. The House Education and Labor chair shifts to Graham A. Barden of North Carolina under seniority rules. Barden is seen as anti-labor by union leaders, with Lesinski noted for strong chairmanship.
MENTIONED IN THIS ARTICLE
Washington
Organized Labor
John Lesinski
Mich
House Education and Labor Committee
Graham A.barden
D. N.C
Lesinski
William P. Connery
Mass
Mary Ins
Norton
N. J
Barden
Congress
House
Subpena Tingle Over Taft Hartley Charge Against UMW Leader
Fragmentary OCR reports a subpoena sought to compel John Lewis of the United Mine Workers to testify on charges that the union led actions against Taft Hartley act last year. A National Labor Relations Board examiner was to rule and a weekend postponement was discussed.
MENTIONED IN THIS ARTICLE
John L. Rprani
Tole
al Lewis
United Mine Workers
UMW
Kentucky
Barden
Lewis
Also Mentioned on This Page
Behind the News In the World
Juan Zem
Attlee
A. F.C
Society Hall
Young People Committee
Dublin
Benoni
South Africa
D. M. Sonnekus
Bdamon
Isaly’s
Wooster Block
Oss
ANSCO
Kroger's
Mexzemine
Elyria
Member
Peortal Restave
Svetem
Bernie Schlather
Lorain County Insurance Amn
Stanford Insurance Agency
Elyria Bik
Dane Tee
DRY Cleaners
Broad Street
Ohio
Stag
N. Ridgeville
Crystal Clear Services
Duran
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!