Senate Approves Plant Retention Plan for War Reserves
The Senate Armed Services committee backed legislation to keep 254 government war plants in a national defense reserve pool. The plants, part of 1,200 built at a wartime cost of 14 billion dollars, have been leased or sold with rights to repurchase within 120 days during war emergencies. A pool of machine tools from war reserves would also be created by the bill.
MENTIONED IN THIS ARTICLE
Washington
Senate Armed Services Committee
Defense
Senators
Senate
billion spent to aid Turkey draws near a billion in year
Maj. Gen. Horace L. MacBride said the United States has poured closer to 1 billion in military aid into Turkey in the past year, far more than the 100 million Congress allotted. He described marked improvements in Turkish forces and noted ongoing arrival of planes tanks vehicles and ships.
MENTIONED IN THIS ARTICLE
Istanbul
Turkey
Horace L. MacBride
United States
Congress
MacBride
American Army Group
Signal Corps
Grocery Sales Rise Amid Mixed Price Outlook
New York reports show grocery purchases increasing this year with higher overall spend. March retail food store sales reach 2.82 billion dollars, up 12 percent from last year while prices rise about 6.8 percent. The Agriculture Department predicts meat consumption will fall 13 percent, but vegetable and fruit demand should grow.
MENTIONED IN THIS ARTICLE
Department of Agriculture
Office of Business Economics
Bureau of Census
Agriculture Department
Spanish Freeze Lifted on $60 Million Asset Withdrawals
Washington government moved to lift a seven year old freeze on Spanish owned assets valued at about 60 million dollars and ended the withdrawal restrictions. The action signals a shift in policy toward Spanish financial holdings and may affect related legal and diplomatic considerations.
MENTIONED IN THIS ARTICLE
Washington
Chang Chenoweth serves aboard USS Mindoro carrier
Thomas E Chenoweth, formerly of 328 N Lincoln St, is serving as a navy mineman third class aboard the escort aircraft carrier USS Mindoro in the Ninth Naval District. He recently visited New Orleans during a four day break in training as Mindoro part of a large naval force entering the port.
MENTIONED IN THIS ARTICLE
Thomas E. Chenoweth
328
N. Lincoln
Mindoro
Ninth Naval District
Chenoweth
New Orleans
Farragut
State Dept Notes Portugal License Rule Amid Spain Ties
State Department officials said current controls requiring licenses to send money to Spain leave Portugal as the only country still bound by those rules. They stressed this does not indicate any softening of U S policy toward Dictator Franco.
MENTIONED IN THIS ARTICLE
Spain
Portugal
State Department
U. S
Franco
Idaho Mining Men Meet Opens Three Day Convention
About 350 mining men began arriving at Sun Valley to attend the Idaho Mining Association annual convention. The three day gathering runs through Wednesday with speakers including Dr. James Boyd of the U S Bureau of Mines and William T Nichols of Westvaco Chemical. John D Bradley of San Francisco Boise will discuss the Stibnit antimony smelter plant project. J R Simplot of Boise and Robert Sorenson of Hecla round out Monday sessions.
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Sun Valley
Idaho Mining Association
James Boyd
Washington, D. C
U.S. Bureau of Mines
William T. Nichols
Westvaco Chemical Corporation
Pocatello
John D. Bradley
San Francisco
Boise
Bradley Mining Company
Stibnit
J R. Simplot
Simplot Fertilizer Company
Robert Sorenson
Hecla Mining Company
Crew Rest After Monkey Chase On Pacific Freight Run
The Lake Pennask crew in SAN PEDRO CALIF and resting from a two month effort to chase 300 monkeys loaded in Calcutta for a Los Angeles bird and animal company. Two days after departure 60 monkeys escaped and one remains at large in the engine room.
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San Pedro
Calif
Lake Pennask
Pacific Far Fast Line
Calcutta
India
Los Angeles Bird and Animal Company
China Coast
Pacific
Line Reports Loss
United Air Lines posted a first quarter net loss of 3 550 534 after income tax credits though operating revenues rose and expenses fell. President W A Patterson spoke to stockholders noting a deficit of 1 94 a share versus 1947 results. Before credits losses were 4 297 991 versus 5 31 671 a year earlier.
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New York
United Air Lines
W. A. Patterson
Comenen
Banker Urges Debt Payment at Mutual Savings Banks Meet
Atlantic City notes that Murray Shields of Bank of Manhattan urged paying the public debt by growth in production and income. He dismissed repudiation and heavy taxes, praising rapid debt payoff while predicting tax cuts could stimulate business and fund gradual repayment amid a revolution in industrial tech.
MENTIONED IN THIS ARTICLE
Atlantic City
Murray Shields
Bank of the Manhattan Company
Shields
National Association of Mutual Savings Banks
Charge of Permanent Injury From Operation
Savannah Georgia. Meyer Haysman sues for 62000 dollars alleging an operation on his wife two years ago left her permanently unconscious. He says she lies in a nursing home with eyes open but she neither sees nor feels nor understands.
MENTIONED IN THIS ARTICLE
Savannah
Meyer Haysman
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