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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Dec 17, 1949
Page
25
Illinois fears a federal demand for repayment on a 1987 loan from the U S Treasury used to aid needy states. The loan involved about $477 million with a portion allocated in three segments. A panic in the following year led to halted loan processing as authorities debated repayment terms.
Paris reports that France will receive a U S aircraft carrier as part of the Atlantic Pact. Minister Pleven and officials discuss defense credits and outstanding debt as Parliament reviews the budget. Interest on military credits is noted at 3 to 4 percent, with questions on principal repayment.
A lengthy list shows varied percent changes for many corporations including Allgheny Ludlum, American Can, Chrysler, General Motors, IBM peers, and Standard brands. Movement ranges from modest gains to notable declines, with several entries near the 20 to 30 percent area and others lower or flat. The data reflects daily trading flurries across sectors from steel to motors and consumer goods.
A jumbled OCR fragment shows company names and percentage figures from a produce market or financial page. It includes Amb Gas Amex Amer Super Pow Catlin Marconi Humble Imperial and others with irregular numbers, suggesting a damaged stock or index listing rather than a coherent story. The text also devolves into stray phrases about rights and a wartime reference, ending abruptly with garbled lines.
The piece lists percentages for Great Britain United States Moiread Italy and Russia and mentions aid to the French air force. It notes moderate income housewives buy three to four hats a year while business girls buy two or three, per a millinery buyer article.
Movie shares led a firm session as demand rose with Paramount reorganization and plans by other studios for theater changes. Superior Oil slipped, steel and auto issues fell slightly while utilities and United Corp lifted totals. Peopleas Gan went ex dividend and rails supported volume in a mixed market day.
Miss Wright of Albany sustained a fractured rib after her car hit the left rear of a tractor trailer on the Albany Schenectady Road near Hackett Boulevard. The driver of the truck Francia Wydrowski of Schenectady was not hurt. Wright was treated at Albany Hospital and released. A justice of the peace filed a charge of driving without a license.
Richard Malt Houser, 26, ransacked the apartment of Eiji Gindl and leaped from a second story window into police arms. He was booked on suspicion of burglary. Carl Turina led the entertainment program. George Connolly and Birk will chair the January meeting.
Imported and domestic wines listed with Aquara cordials for Christman Higgins and Burleigh. Item mentions address 212 River 8 and a reference to Troy 63.
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