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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Apr 01, 1946
Page
7
The market shows gains in rubber and utility issues with Friday trading cited by Frater and Aung. Prices rise on steady demand across sectors as investors seek defensive plays. Trading ends with modest gains across key stock groups amid cautious optimism.
Wholesale prices at the Menands Market are reported with a mix of vegetable and dairy items. Greens, cabbage, celery, and potatoes show varied values while flour and eggs list steady wholesale ranges. The report also includes butter price controls and notes on OPA maximums for new cartons and butter subsidies.
The piece reports on Civilian Production Administration actions limiting construction and curbing materials, impacting war workers and returning servicemen. It notes industry shifts, job prospects, and the stock market reaction amid broader World Events, UNO tensions, and labor leadership changes.
Active opening saw higher prices with many gains though some groups drifted. Major names such as City Investing, Goodyear, General Electric, and Northern Pacific moved after stock splits or market signals while Chrysler, Du Pont, Boeing, and Sears faced losses amid broad listings and bond activity.
Prices of low-grade bonds climb near AAA levels as investors seek yields amid a long-term growth outlook. Demand for cheaper issues stems from cautious divestors. scarcity of AAAs and expectations of growing demand for goods and services push credit markets higher despite construction slowdowns and policy constraints.
A large fire devastated the J. B. Eddy Papas Co paper plant near Hull on Saturday, destroying one of two boilers and halting most of the firm’s 1916 summer pulp supply. The blaze disrupted newsprint for Ontario newspapers and other products, with costs estimated at two million dollars. Prices for related products and commodities are listed with changes across several lines, including pulp, dressed arms, and turkey trading items.
Twenty one World War II veterans and mothers of the Vagabond Club of Green Island were guests of honor at a party in the club rooms at 38 George Street. A roast beef dinner followed by entertainment and social time drew about forty entries, with Robert Gramm as chairman and co-chairs An ythuny Corluccr and James Poleta assisting.
Governor Dewey signed a state rent control bill extending residential limits and creating a $12,000 yearly commission to oversee enforcement. The measure preserves exemptions for new construction and includes a $1,000,000 budget for the commission with court review of actions. Opponents cited criticisms over exclusion of new buildings and potential impacts on housing supply.
General MacArthur issued a formal statement dismissing claims of commercial holdings or business ties in the Philippines. He said he has no property or land there and that his affairs are limited to his military duties, with shares only in mining stock bought years before the war.
A study of Japan's election rules shows complex deposits for candidate entry and no primary or party conventions. Blocks on subsidies, district voting limits, and welfare ties affect who can run or vote, with ballots and totals determining winners amidst broad voter absence in many districts.
The text discusses election rules and anomalies, noting vote shares, district quotas, and candidate limits. It contrasts legal prohibitions with practical realities, mentions campaign expenses tied to candidate counts, and cites Japanese practices like vote broker associations buying blocks of ballots for bidders, while noting law and enforcement gaps.
Six months of American control leave Japan altered and unstable under General MacArthur. The occupation aims to democratize, disband militaries, dissolve the oligarchy, and restructure government. Japan’s emperor, wartime leaders, and war crimes suspects face removal while freeing labor and promoting agrarian reform and national governance.
New York envisions a transformed Broadway with softer lighting and pastel signs, as the Avenue of the Americas Association and officials push for a longer facades and new curb appeal. Proposals include replacing trolley lines with buses, widening sidewalks, and a cultural hub stretching from Canal Street to Centre, plus a grand terminal and hotel at the Americas.
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