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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Jan 10, 1949
Page
15
President Truman and officials discuss the economy amid rising living costs and a dimmer outlook. The piece notes housing and production trends, with emphasis on government measures to sustain employment, production, and purchasing power while warning against overpropping the economy.
Local groups announce gatherings ranging from American Legion Auxiliary to Pythian Hall events. Presiding officers named for several clubs. installation, refreshments, and social hours noted. Obituary for Margaret Sullivan lists Galway birth and Mechanicville residence with survivors across three generations.
At the moment deflationary forces press on the economy as Christmas sales lag expectations. Numerous companies have laid off workers and men apparel makers push excess stock onto the market. Agricultural prices held near support levels amid slow demand.
The Saratoga County American Legion group met last week as guests of the Lt Fred Clarke Post and noted membership growth for the year The new veteran welfare laws were explained A supper was served by Mrs Agnes Dillon and auxiliary members Missionary Group Meets The First Presbyterian Church Missionary Society held a post Christmas party in the church parlors Mrs Dexier McDonald presided at the business meeting Bernard Dyer read on China Refreshments were served and gifts exchanged The February meeting will be at Mrs Dyers home The Naval Reserve Officers Association District Chapter will hold its first meeting of the year at the Officers Club Naval Supply Depot Scotia at 7 15 pm
Miss Muriel Stewart daughter of Mr and Mrs A T Stewart of 14 River Street Hoosick Falls returns to Yokohama Japan for a second tour as an Army Special Services librarian She aided the 27th Infantry Division 25th Division Artillery and 11th Airborne Division and earned BS and LL degrees from New York State Teachers College Albany She also worked in Larchmont Pratt Palace Baltimore and Cheney Public Library Trustees Meeting and Canter Club social noted.
Prices at Menands include cabbage and eggs as market items. Apples such as Northern Spy and Baldwin are listed with bushel and other fruit varieties. vegetables include beets cabbage carrots celery kale parsnips potatoes squash turnips and peppers. Local civic notes mention Betty Potts daughter of Rev Jerrald Potts, flood scene drawings by grade school pupils, and village officials and meetings across Hoosick Falls and North Adams with dates and times.
The Troy Arts Guild met Friday at Misa Pauline McGonigal s home to finalize plans for its initial exhibit in the Dutch Room of Hendrick Hudson January 24 to 26 with hours from 2 50 to 3 59 and a Sunday private preview from 2 to 6. Members Albert Johnston Albany Artists Guild attended. A Savings stamp sale at the schools yielded 143 25.
Stock prices in New York showed irregular gains on Saturday as investors waited for the President's budget plan to Congress. The market had risen about two billion dollars over the prior sessions, with leaders like Coca Cola and Standard Gas seeing notable moves.
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