Market Wrap Reflects Mixed Trading Across Sectors
The day saw uneven New York stock activity with early declines and a later rally amid coal strike concerns and rails traffic weakness. Grain futures gained on PMA demand signals and CCC purchases while livestock and dairy markets varied by region, with notable price levels across potatoes onions and butter.
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New York
Berlin
American Iron & Steel Institute
Automotive
Association of American Railroads
Bethlehem
Santa Fe
Dow Jones
Einstein Backs Wallace for President in National Statement
Albert Einstein said Henry A. Wallace can save the United States from the threatening domestic and international situation. The statement was released by the national Wallace for President committee, comparing Wallace to Roosevelt and Willkie and praising leaders above petty bickering.
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Washington
Albert Einstein
Henry A. Wallace
United States
National
Wallace
Roosevelt
Wendell L. Willkie
Highest Cliffs on For mosa Island Reach Great Heights
The island of For mosa features the world’s tallest shoreline cliffs with rock faces rising up to five times the height of the Empire State Building. Local geologists note dramatic drops and rugged coastlines along the shore.
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Island
Formosa
Empire State Building
Newsmen Win Freedom After Refusing Source Reveal
White Plains New York Supreme Court Justice Frank H Coyne ruled the imprisonment and $100 fines of Newburgh News employees Charles Leonard and Douglas Clarke illegal. The writ of habeas corpus releasing them was sustained and the fines remitted. They had served five days for contempt after refusing to disclose source of lottery ticket information used in a news story.
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Newburgh
Supreme Court
Frank H. Coyne
Habeau
Charles Leonard
Douglas Clarke
Newburgh News
Ews
Idaho Farmers Urged To Sign 1948 Plan Sheets
Idaho farmers are reminded May 1 is the deadline to sign 1948 conservation plan sheets. A. V. McCormack of Lewiston, chairing the state committee, lists practices like green manuring fertilizer use weed control and range improvement. About 40 000 Idaho farmers participated last year.
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Idaho
A. V. McCormack
Lewiston
State Production and Marketing Committee
Italians Rally Turns Pro American in Lecce Speech
In Lecce 20 000 hear Italian Communist chief Palmiro Togliatti booed as anti Communist crowds shout long live the United States. He denounces US aid and laments possible Soviet wheat deliveries. Demonstration ends with few supporters remaining as rivals criticize government outreach to Italy’s Americans.
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Palmiro Togliatti
Italy
United States
Togliatti
Lecce
Russia
America
No Whiskey Under Aid Plan
The House approves a proviso in the European Recovery Program bill barring corn whisky shipments to Europe. Rep. Clare Hoffman, Republican Michigan, argues the measure prevents funding booze abroad to curb communism and avoids spending funds from reform groups.
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Washington
Clare Hoffman
Mich
Hofman
WCTU
Funeral services for Gordon and Thompson brothers
Funeral services for John Gordon 80 died Tuesday at 11:30 a.m. at McHan Henderson Chapel with Father Lafey officiating. Burial in Mountain View cemetery. Also funeral services for George L. Thompson Sr. 85 to be held at 10 a.m. in McHan Henderson Chapel with Father Casby officiating. interment in Mountain View cemetery.
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