Trading This Week Signals Food Price Trend
The week’s commodity market shifts may hint at retail food price declines. Grain prices fell sharply with wheat and corn sliding to new lows. observers note it’s too early to confirm if consumer prices will follow. Wheat reached 2.42 dollars as traders marked the largest four day drop in exchange history.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Association of Retail Grocers
Chicago _ of trade
Tail Grocers Association
Cleveland
Kroger Grocery and Baking Company
Kroger
Pension Act Drafted in Congress to Revise Disability Pay
The House Armed Services Committee drafts legislation to curb tax free disability retirement for officers who can work in private business. A sweeping reform is expected from ongoing probe sparked by Maj. Gen. Bennet E. Meyers collecting a $550 monthly untaxed pension. Rep. Leroy Johnson says one bill will offer partial pay for those only partially disabled.
MENTIONED IN THIS ARTICLE
Washington
House
Armed Services Committee
Army
Navy
Bennet E. Meyers
Leroy Johnson
Calif
Valparaiso Mayor Bans Bank Nights At Theaters
Elden Kuehl Valparaiso Indiana new mayor orders ban on bank nights at theaters citing lagging business says gambling tabooed. Movie managers report slow business and compliance follows the directive.
MENTIONED IN THIS ARTICLE
Valparaiso
Ind
Elden Kuehl
Two Old Maids Live Nine Years As Hermits In A House
In Lynbrook New York Edith Wolff 51 and her sister Elsie 43 lived as recluses for nine years in a boarded up five room frame house with no electricity gas or running water. Their father Adam Wolff owned a general store and left a fortune. The sisters hauled merchandise from the store into the home and crowded every room with crates leaving little passage. Edith weighed about 300 pounds and Elsie about 390 with most time spent in a cluttered kitchen.
MENTIONED IN THIS ARTICLE
Lynbrook
N. Y
Edith Wolff
Elsie
Adam Wolff
Wolff
Polite
Edith
Big Tax Refunds To Corporations And Stars In 1947
Washington reports refunds totaling hundreds of millions to large firms and Hollywood figures for 1947. U S Steel Corp led with 63.58 million, Westinghouse 57.40 million, plus 100 plus firms above 1 million. Government officials such as W Stuart Symington and Edwin W Pauley appear among the recipients.
MENTIONED IN THIS ARTICLE
Washington
Treasury
U. S. Steel Corp
Westinghouse Electrics Corp
Fresh Outbreaks Stain Holy Land War Continues
In Jerusalem areas of Palestine a British patrol opened fire on Arab and Jewish riflemen near the Tel Aviv Jaffa border, killing three Arabs and wounding another. A British warehouse near Jaffa was raided by the Stern gang, stealing about $60,000 in cigarettes radios textiles and cash.
MENTIONED IN THIS ARTICLE
Jerusalem
Palestine
Holy Land
No Man’s Land
Tel Aviv
Arab Jaffa
Stern Gang
Jaffa
Russia Press Signals Possible U.S. Economic Slump
Izvestia and Pravda devoted about thirty percent of Sunday pages to United States and Britain coverage. Dispatches hint at last week’s commodity and stock market decline possibly foreshadowing a broader economic downturn.
MENTIONED IN THIS ARTICLE
Russ Eye
Moscow
Izvestia
Pravda
Russia
United States
Great Britain
Mardi Gras Visitors Still Get Money's Worth
In New Orleans the French Quarter touts strip teasers to lure tourists while Mayor Morrison enforces a stricter code. A civilian vice squad tours clubs to curb lewd performances, yet acts push near the edge with gauze and risqué routines. Patrons pay premium drink prices to see suggestive shows.
MENTIONED IN THIS ARTICLE
New Orleans
de Lesseps Morrison
Bourbon Street
Eight Miners Die as Explosion Rocks Arkansas Mine
An explosion tore through the Sunshine coal mine main shaft near Greenwood Arkansas killing eight miners. Three others escaped as gas filled tunnels and rescue squads recovered bodies over nearly five hours. Foreman Joe Williams and six other men including the Grile brothers perished. Authorities called it the worst western Arkansas coal field disaster in a decade.
MENTIONED IN THIS ARTICLE
Greenwood, Ark
Sunshine Toal
Here
F. J. Fitajarrel
Western
Kansas
Fitzgerald
Joe Williams
Mat Denne
John Winters
Earl Fish
Hackett
Ark
Ralph Moorelock
Bonanza
Louis
Alvin
Frank Grile
Excelsior Field
Grile
Fitzfarrell
Young Mother and Five Children Die in Home Fire
In Mt Pleasant Michigan a young mother Mrs Margaret Wohlsheid 27 and her six year old home burned. Roy Wohlsheid 35 escaped with critical burns after an explosion from a coal stove touched off the blaze trapping the five children ages 10 9 17 5 and 2 in their beds.
MENTIONED IN THIS ARTICLE
MT. Pleasant
Mich
Margaret Wohlsheid
Roy, Jr
Beverly Jean
Richard
Dale
Patricia Ann
Roy Wohlsheid
Storm Claims Ten Lives As Pacific Coast Storm Rages
Severe gale winds lash Oregon and Washington coast causing ship beals and auto wrecks. Five mariners drown, Betty Jean Nelson 19 from Idaho dies in Spokane crash, Elmer Jeans and Charles Swartz killed near Eugene. Coast Guard and tugs refloat steamship Colorado. weather warns continue with high seas.
MENTIONED IN THIS ARTICLE
Seattle Wash
Oregon
Washington
Betty Jean Nelson
Spokane
Wash
Elmer Merrell Jeans
Thurston
Ore
Charles Swartzlender
Lowell
Eugene
Pacific Northwest
Weather Bureau
Seattle
Straits of Juan de Fuca
Sound
Colorado
Otter Rock Shoal
Oregon Coast
Coast Guard
Bonham
Coos Bay
Premier Tetsu Katayama to Resign Amid Coalition Rift
Tokyo dispatch reports Premier Katayama met with General MacArthur at the occupation HQ to discuss his cabinet’s expected resignation driven by parliamentary criticism inside and outside the Social Democratic Party. A succession move favored Yoshida or Ashida.
MENTIONED IN THIS ARTICLE
Tokyo
Tetsu Katayama
Douglas MacArthur
Suehiro Nishio
Kaiyama
Social Democratic Party
Shigeru Yoshida
Liberal Party
Hitoshi Ashida
The
Democratic Party
Counterfeiting On Rise Says Treasury Chief Maloney
Secret Service Chief James J. Maloney reported a sharp rise in counterfeiting last year and said undercover agents seized a record 2,854,000 in bogus money. He cited a Richmond case where 40,000 in play money bearing The unique skates of America was passed to buyers.
MENTIONED IN THIS ARTICLE
Washington
Secret Service
James J. Maloney
Maloney
Richmond
America
Army Chief Checks Canal In Unannounced Inspection
Army Secretary Kenneth C. Royall flew to the Panama Canal Zone on an unannounced inspection trip amid reports of department objections. A State Department spokesman denied any dispute between defense and diplomatic officials. The Air Force added 80 P-80 Shooting Star jets to Howard AFB Balboa, part of converting the 36th Fighter Group to jet aircraft.
MENTIONED IN THIS ARTICLE
Washington
Army
Kenneth C. Royall
U. S
Panama Canal Zone
Department
State Department
High Defense
Royall
The
Air Force
Canal
Howard Air Force Base
Balboa
Government deny using export program to manipulate grain prices
Washington reports Secretary Clinton P. Anderson said the government has never used its export purchase program to influence grain prices and will not do so despite the recent market decline. He defended policy and urged confidence in market mechanisms.
MENTIONED IN THIS ARTICLE
Washington
Clinton P. Anderson
Investigation Probes Deadly Eastern Constellation Crash
Government investigators hunted Sunday for the cause of the Eastern Airlines Constellation crash that killed one man and endangered 68 aboard the airliner off Bunnell Florida. Recovery teams worked amid wreckage as officials studied remnants of a powerful engine and other evidence.
MENTIONED IN THIS ARTICLE
Bunnell, Fla
Republican Leader Killed in NM Plane Crash
The wrecked plane and the bodies of Gerald Champion state Republican chairman and his brother in law H M Dean were found near Alamogordo New Mexico. Both men were residents of Tularosa.
MENTIONED IN THIS ARTICLE
Alamogordo, N. M
Gerald Champion
H. M. Dean
Tularosa
N. M
Arabs Plan Invasion by Army of Liberation
Arab League members reportedly convene to convert guerrilla resistance into a formal invasion of the Holy Land led by the Army of Liberation, according to well informed Arab sources.
MENTIONED IN THIS ARTICLE
Cairo
Egypt
Arab League
Holy Land
Army of Liberation
Pope Calls for Ban on Atomic War Use
Pope Pius XII denounced atomic bombs as the most terrible weapon devised and urged outlawing their use in war. The appeal came during a Sunday address in Rome.
MENTIONED IN THIS ARTICLE
Rome
Italy
Pope Pius XII
Eagles Lodge Official Visits Old Friends Here
Gerald W. Mason, chairman of the Oregon board of parole and probation, and vice chairman of the Eagles lodge youth guidance committee, visited the Frenette home in Idaho Falls area during a speaking tour. He traced the Eagles history, urged social justice and youth guidance, and praised Boy Scouts 4 H Big Brothers and urged productive use of youths free time.
MENTIONED IN THIS ARTICLE
Eagle Youth Group
Visi
Gerald W. Mason
Portland
Eagles Lodge
Roy Frenettes
South Fourth Ave
Mason
Oregon Board of Parole and Probation
Setieet
Ae Tab Relations
Portland General Electric Co
National
Frenette
Eagle
Pocatello
Idaho Falls
Eagles
Seattle
United States
Canada
U. S
Oregon Parole and Probation Board
Boy Scouts
Big Brothers
Boys and Girls of
America
Policy Is Defended by Marshall on Germany Dismantling
Secretary of State George C. Marshall rejected demands to halt the U S plant dismantling and reparations program in western Germany. He warned such action would break faith with war time allies and raise the cost of European recovery. He cited German plants already aiding economic recovery elsewhere.
MENTIONED IN THIS ARTICLE
Washington
George C. Marshall
United States
Germany
U.S
Herbert Hoover
John Foster Dulles
Congress
Marshall
Brother accused in bid to force hanging
DETROIT police questioned 19 year old Samuel Hibbitt Jr after neighbors reported he tried to force his 16 year old brother Alfred to jump from a tree limb with a wire around his neck. Alfred said their older sibling sought revenge for stolen items while Samuel claimed he was only playing.
MENTIONED IN THIS ARTICLE
Detroit
Samuel Hibbitt, Jr
Alfred
Samuel
Robbery Homicide Shocks Redlands Teen
A drunken highwayman shot and killed 17 year old Marjorie Winn near Beaumont California after a robbery attempt. James Sloan Jr reported stopping to aid Winn before she died. A large manhunt with roadblocks deputies patrols and planes followed as investigators pursued leads.
MENTIONED IN THIS ARTICLE
Roy Sanford
Redlands
C. F. MacRacken
James Sloan, Jr
Miss Winn
Palm Springs
Beaumont
Pocatello High Wins In First Idaho Ski Meet At Magic Mountain
D Collins led Pocatello high school skiers to victory in Idaho’s first scholastic ski tournament at Magic Mountain. Pocatello scored 1,055 points to win, Twin Falls 1,045, Burley 715. Twin Falls principal John Flatt announced plans to seek official ski competition and a state championship.
MENTIONED IN THIS ARTICLE
Twin- Falls
D. Collins
Pocatello
Magic Mountain
Twin Falls
Burley
John Flatt
State High School Athletic Association
Idaho
Flatt
Labor federation urges unions to back anti Wallace movement
AFL official Wallace Hanna urged over 2,000 union representatives to repudiate Henry A. Wallace’s third party push. He spoke at a meeting launching the federation’s educational and political league saying labor aims to defeat its enemies in the anti labor congress.
MENTIONED IN THIS ARTICLE
Hanna
Ohio Federation of Labor
AFL
Henry A. Wallace
Labor
Anti-Labor Congress
Senator Plans Revised Rent Control Legislation
Senator Harry P. Cain of Washington said he is drafting a revised rent control bill to keep ceilings on rooming houses in unsafe areas. The subcommittee proposed a 14 month extension past February 29 with provisions for larger increases or removal of ceilings in many places. Cain expects a final bill ready for Senate consideration by February 25.
MENTIONED IN THIS ARTICLE
Washington
Harry P. Cain
Wash
Cain
Senate Banking
Tobey
Congress
Senate
House
Also Mentioned on This Page
Beet
Posse
Storm
Pension Act
W. Stuart Symington
Air Forces
Edwin W. Pauley
Secretary of Army
Harold R. Pauley
Helen Gahagali Douglas
Cal
Melvin Douglas
Idahoan
Valarie Jo Frenette
Rise
World News
Sloan
Adolph Eilis
Wallace
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