Public buying power climbs as liquid assets rise in 1948
The Federal Reserve reports total liquid consumer assets reached a record 132 billion dollars in 1948, with gains from Pearl Harbor era building to 87 billion. Yet department store sales show declines of 13 percent weekly and 11 percent in four weeks, while personal income in June stands at 215.5 billion. The Fed notes broad liquidity could spur demand but warns a growing segment remains asset-less and may rely on credit.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Hursday
United States
Pearl Harbor
Lquid
Commerce Department
Best Age for Squab Raised in Newbury
West Newbury based ex GI Ralph Currier says squabs are best for gourmet when exactly 228 days old and kept in nests during that period. He notes postwar career centers on squab raising and birds never leave their nests in this stage.
MENTIONED IN THIS ARTICLE
Squab
West Newbury
Mass
Ralph Currier
Quirino Receives New York Welcome and Parade
Philippines President Elpidio Quirino arrived in New York to a ticker tape parade along Manhattan streets and a City Hall ceremony where Mayor William O Dwyer praised his public service. Truman welcomed him at National Airport and both presidents issued a joint statement on Philippine economic progress and cooperation.
MENTIONED IN THIS ARTICLE
New York
Elpidio Quirino
Philippines
City Hall
Financial District
Quirino
la Guardia Field
William O’dwyer
Philippine Republic
Pacific
Asia
O'Dwyer
Washington
Truman
National Airport
White House
Philippine
Hawaiian Dock Seizure Consolidates Government Control
Honolulu reports Hawaii takes control of the islands private stevedoring firms to end dock strikes by next Monday. The ILWU reverses and allows Matson Line freighter to sail from San Francisco as a relief ship with essential supplies. Harbor officials move to unify the remaining five stevedoring firms under government operation amid emergency measures.
MENTIONED IN THIS ARTICLE
Honolulu
Hawaii
CIO International Longshoremen’s and Warehousemen’s Union
Matson Line
San Francisco
ILWU
Hawaiian
Matson Lines
Robert McElreth
Ingram Stainback
Emergency Food Committee
Board of Harbor Commissioners
Profanity Brings Six Months Term
Mrs. Ernestine Weir was sentenced to six months in the county jail by Justice Clyde W. Hyde after being found guilty of disturbing the peace with profane and indecent language in the presence of neighborhood women and their children. The complaint was signed by several local women.
MENTIONED IN THIS ARTICLE
Ernestine Weir
Justice of the Peace
Clyde W. Hyde
Eau Claire man wins world hitchhiking title in Alaska
Gordon J. Severson of Eau Claire Wisconsin arrived in Anchorage after hitchhiking from Eau Claire via Seattle in 17 days to claim the world championship of hitchhiking.
MENTIONED IN THIS ARTICLE
Alaska
Anchorage
Gordon J. Severson
Eau Claire
Wis
Seattle
Czechs plan pilgrimage to honor new bishops
Catholic faithful plan a large Sunday march in defiance of the Communist government to bless two new Slovakia based bishops elect Ambrose Lazik and Robert Pobozny. The consecrations will occur in Trnava with Vatican approval claimed, despite government bans.
MENTIONED IN THIS ARTICLE
Prague
Czechoslovakia
Ambrose Lazik
Trnava
Slovakia
Robert Pobozny
Catholic Action
Vatican
Cow feeds five newborn lions at Franklin Park Zoo
Franklin Park Zoo acquired a cow to provide milk for five lion cubs born recently. The animal will supply nourishment as caretakers monitor the cubs' development.
MENTIONED IN THIS ARTICLE
Joe Boston
Franklin Park Zoo
Wantads Urge Quick Listings to Find Buyers
Don’t clutter with knick knacks in the fire. Post Wantads will locate buyers and urges readers to call 3530 to place items for sale today.
MENTIONED IN THIS ARTICLE
Post Wantads
Court Upholds Loyalty Act in Subversive Listing Case
The U S Court of Appeals ruled 2 to 1 for the loyalty program and branding groups as subversive. The decision upheld Attorney General Clark and allowed the listing of the Joint Anti Fascist Refugee Committee, though a dissent warned of loss of members and reputation.
MENTIONED IN THIS ARTICLE
Washington
U. S. Court of Appeals
Truman
Tom C. Clark
Henry J. Edgerton
Clark
James M. Proctor
Bennett Champ Clark
Cherry County Nebraska Leads Cattle Production Over Wyoming
Cherry County Nebraska surpasses Wyoming as a larger cattle producer in a regional livestock comparison. The report highlights county level output and regional farming trends influencing state rankings.
MENTIONED IN THIS ARTICLE
Cherry County
Neb
Wyoming
Youth Driver Accidents Cost Nation Vast Fire-Equivalent
Traffic crashes caused by drivers under 25 cost about 600 million dollars yearly, a figure that matches the annual cost of all fires. The estimate is attributed to Lumbermen’s Mutual Casualty Company highlighting the financial impact of young-driver crashes.
MENTIONED IN THIS ARTICLE
Lumberman's Mutual Casualty Company
Also Mentioned on This Page
Lincoln
Ill
N. Y
Pacific Union of Free Nations
Senate
Karen Mastrodomenico
Montclair
N. J
Western Distributors, Inc
Main St
Salt Lake City
Utah
Madeleine Carroll
U. S
UN International Children’s Emergency Fund
Erwin G. Hernreid
Unicef
Paris
European
Ee 5
Hot Springs
Mont
Lynch Flying Service
Ieee
Hamm
Hamm’s
Theo
Hamm Brewing Company
St. Paul, Minn
Ooth and
Mello Rino Wholesale
N. Main
NEA
Mary Jane Hayes
Washington, D. C
Atlantic City
RADIO
Cy Tha Service
Mitchell Radio & Appliance
STANI
Court Oks
White Stone
Lava
Beverly Edwards
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