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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Jan 16, 1945
Page
4
In the New York market a sharp spurt prompts brokers to wonder if a new rally can last. Some see a rapid price surge reminiscent of old boom days, while others note volatile trading with sizable intraday swings and rising turnover.
The piece notes fragile confidence in the Street as brokers eye a strong bull trend yet worry about inflation, margins, and wartime effects. It recalls a New Jersey veteran returning from a German camp seeking back pay and hints at wary officials awaiting signs of sharp practices in the market.
Washington reports Industry urged to meet a renewed record arms output while millions more youths faced drafting. OWM Byrnes reviews which essential industries may be exempt. Deferments for under 30 workers face revision as Krag warns of strained manpower amid a $64.0 billion arms and supplies need for 1945.
A front page continuation notes witness lists and names linked to the Moore trial, followed by a brief report of a fatal store shooting in King Street on November 14, 1931. Earle J. Witer is charged with the killing of Albert J. Watson in Watson’s King Street store.
In Rensselaer County Court yesterday, a record number of jurors were excused due to war plant work and illnesses. Of 136 named jurors on regular and special panels, only twenty remained for examination as possible trial jurors after exemptions and absences were accounted for.
Judge Clinton orders two alternate jurors ready to replace any incapacitated jurors as the Moore case proceeds. Twelve jurors will hear evidence, with six already seated. District Attorney Wiley and Asst. Dist. Atty. Murray oversee juror examination. Several jurors yet to be selected, including Marion Damon and Madeline Bardo, are warned to avoid discussing the case.
The article reports that POWs in the Philippines will be freed as operations shift. Neutral committees coordinate prisoner aid across camps in Tokyo and the Philippines, with 109,000 UN troops in other Japanese camps and more in Europe. The program covers equipment, books, school supplies, and vocational materials, and notes equal treatment for Jewish prisoners.
A Rensselaer County Republican Club directors meeting chaired by president Birs Mary Zobel is set for tomorrow night at 7 pm in The Hendrick Hudson. The club’s regular monthly meeting is planned for Monday January 22 at W. CA Albany.viation reform topic noted by Sydney Nesbitt of Lear Inc and Civil Aviation Joint Legislative Committee. James P. O’Connor Albany proprietor of O’Connors Restaurant died Sunday at his home. funeral 9:35 am tomorrow from St Patrick’s Albany. Mrs Mary Talbot 48 of 32 Fourth Street treated for a swollen jaw at Samaritan Hospital after police transport.
The War Damage Corporation disclosed paid claims to property owners on the mainland in areas including Hempstead Long Island for a damaged building from a crashed Arey plane during an alert. Also reported are claims from the USS Turner explosion in New York Harbor, damage from falling shells near Los Angeles and Long Beach, and over 1 300 total claims filed as part of war related incidents.
Five directors were reelected for a three year term at the forty seventh annual meeting of the Troy Cooperative Savings and Loan Association last night. The renamed directors are Wallard H. Read George S. Findlater Ralph B. Austin Robert Macauley and Ralph T. Curtis. Inspectors of election were James F. Johnson and Stanton P. Lee. The board will meet later to organize.
A wartime notice reports shelling losses described as probably Japanese with a 10 dollar claim for damage to a house in San Francisco Bay. The War Damage Corporation notes most claims paid were for Alaska and Hawaii, including over 312,800 for a Honolulu building destroyed when a U.S. aircraft shot down a plane. The aircraft was unidentified at crash time due to signal gaps but later identified as U.S. origin. This occurred before July 1, 1942.
Governors of the Marshall county area were elected yesterday. The ticket includes William Dauehy Dr William Kirk jr Jobe Paine Wiligis Henry Warren RL Okkler Kennedy Leland Lane Dr George Amden Dr D W F Houston jr Dr J F Coughlin Edward H Ratticon Harry McGrath Thomas Hourke Lingley McChesney Parker Rousiseau Alfred W Thompson Freek Richter Henry J Lidford T R Steabert Joseph G Mintzer Joseph Mulholland Irving L Barrows Alexander L Darby Stephen H Sampson Richard J McPails William A Ripley Arthur Webbington James O Crowley. The same men were elected members of the Corporation last week. Nellia F Warth and Leonia M McGrath were inspectors of elections. Officers will be selected Monday Jan 29.
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