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Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Mar 03, 1947
Page
12
A mangled report discusses large corporate profits and a looming bear warning. Mentions Wall Street parody effects and potential consumer impact if firms raise prices or profits continue, with scattered references to unnamed firms and measures.
The piece analyzes 1927 stock market conditions with references to 1910 and 1910s earnings patterns. It discusses price earnings relations, corporate profits, inventories at high levels, and expectations for durable goods and industrial sectors amid uncertain recession risk. It notes notable firms and sectors like Goodyear and textiles while assessing long term earnings drivers and market sentiment.
Readable entries show prices for apples including Cortlandt and Gala varieties, greens and vegetables with weights and per pound figures. Items listed include Misty apples at 2.25 to 4.0, Northers Creenines, greens, and onions with mixed price ranges. overall totals indicate a crowded market with high variability in pricing.
The United States pressed for the release of two American Army officers captured by Communist forces near Changchun. Maj. Robert B. Riggs and Capt. J. W. Collins were seized after a dawn encounter as a Communist offensive backed allied units, with negotiations underway for their release amid calls from Washington and Nanking.
A list of new titles added to the Troy Public Library display includes works on science and war, politics, history, and fiction. Notable items feature Eisenhower, American politics, biographies, and novels from various authors. catalog notes indicate a one week exhibition.
The Bight sid Forty Clth boner society and auxiliary of Noble Calihan Post will meet today at 8 p m at the post rooms with Mrs Mary Stevens Cluipena providing. Mrs Helen Header will host a social, the club will plan a naval event for March.
The Hellyeuui Rapid Dey Owler reopens its Holywool California branch after a merger, with Mildred Brimmar of Cropneyvittaly in charge and B. O. Thompson directing operations. A fatal fire claimed the life of 46 year old John Lonmin in Langila near New Bremen early Saturday.
New York stocks mostly held steady as rail issues gained slightly amid a mixed tape. Major rail names including Norfolk and Western and Southern Railway moved, while American Tobacco reported earnings. Crible Crasd showed a profit downturn and sales of 88 million.
A large class of candidates will receive initiation tonight in Troy at the Bloss Council ceremony led by James Spence. Distinguished Masters Parker W. Waggonner, Eugenu B. Sanford, and Waltuy Maylmann are set to attend with past grand masters of the Cryptic Rite in attendance. The event includes eight past officers from several allied councils and will conclude with a banquet following the degree work.
James Hachell, 18, of 10% Madison Street, an employee of the New York Coment Railroad Co, was treated yesterday at Gray Hospital for a scalp wound after being struck by a locomotive. He was taken by police from Troy Union Station to the hospital. Tarkett was not stained at the hospital.
Explorer Scout Post 10 plans future activities at St. Mark's Methodist Church. Senior Scouts, ages 14 and older, will meet Monday near 7390 Pans. Planned events include camping, community service, house parties, tours to cities and mountains, and Red Cross surveys.
A prominent Ralian scientist and former head of the Healens Gad Thoclerine foged services at the Proteur dn stitute died yesterday at age 42. He was the son of Fer ter Dre mit and a native of Penawn Ho. He led the Peale Institute before joining Hh Rone UP-Prof. Federico NLL.
William C. MacMillen, a former Tray attorney and longtime associate of Robert R. Young, was named president of the newly formed Federation for Railway Progress. The 44 year old veteran, a graduate of Williams College and Albany Law School, has directed federation development since last October and will establish headquarters in New York.
Army plans to repatriate soldiers with pregnant wives due to severe housing shortages in Germany. Officials say officers, enlisted personnel, and War Department employees with newly pregnant spouses will be considered for immediate reassignment homeward to free available family quarters.
About 200 people were evacuated by air from the flooded Bolivian city of Trinidad as rising waters submerged districts along two rivers. Lt D. H. Christenson, leader of a U.S. Army unit, said supplies and medical aid were planned to be delivered, with rubber boats used to reach stranded residents and transport them toward safety.
At the recent fourth quarterly conference of the Huson Hills Methodist Church the church voted unanimously to invite Rev. Toford BK. Cook to return as pastor for another year with compensation unchanged.
A Green Island teen canteen run by St others Club of St Josephs Chinel reopened on Feb 14 after fuel shortages and healing problems. Aimed at all teenagers, with dances and refreshments, sponsors plan to continue after Lent with an invitation for locals to join social events and support future plans led by Henry Drwane.
Readers are guided through preparing Form 1040, emphasizing the long return for earnings above $5,000, with instructions on wages, deductions, and exemptions. It covers gathering data, grouping expenses, and following IRS pamphlets, plus reminders on accuracy, timing, and where to obtain forms from the local collector’s office.
The D A Y Chapter Wil lary Order of the Purple Heart discusses upcoming state convention plans at a Friday meeting on River Street. Officials note appointments and committee chairs, with Buffalo hosting the installation of officers for the Purple Heart chapter there. Alfred Sichton Paul Gregware Joan Kennedy Michwal Diduch are welcomed into the organization, and the date June 27 appears in the notice.
The text explains that water at 2121 degrees can be mischaracterized due to atmospheric pressure. It notes that boiling depends on pressure, lower on mountain tops, causing water that is not at standard boiling temperature to feel as hot as boiling water in valleys. It discusses how this leads to misinterpretation of heat sensations at different altitudes.
Taconic Valley Post adds events to its social calendar including a Patrick's dance at the Yesh rooms on March 2 with Rhythm Rangers music. A combined dinner and business meeting is planned at Town Hall and Hisenes building for spring, plus a new clubhouse site donated by Mrs Allee Fitzgerald and Gordon Arniley. The club also plans a spring play, Memorial Day parade, and fundraising efforts with WSC donations and Ted Cowen's campaign.
In Granby Connecticut Mrs Lowth Barden and her six weeks old infant perished when a small colonial cottage burned Sunday. Neighbors said Barden, who had been visiting Sprague, escaped briefly before returning to find the home engulfed. Firefighters arrived but the building collapsed, and the bodies were recovered from the wreckage.
Russia outlines a vast five year program to educate about 2,000,000 scientists and 1,280,000 technicians alongside 700,000 laboratory specialists with scholarships. Soviet publications say recovery from wartime losses is underway and focus extends beyond nuclear aims to broad strategic research in science and allied fields.
Quinleetord Pennsylvania and Eastern State Penitentiary report a failed escape by five inmates aged about 23. The convicts threatened two guards with razors and coerced a lookout, prompting a call for reinforcements. They were returned to solitary confinement awaiting arraignment on multiple charges.
Mine Laie Nelson was elected chairan of the YWCAA Balup ony Nighters Clu to succeed Ylas Mary Borel. Wainwright Roberts presided and a new constitution was discussed. James Wilcox and Pegay Shields held secretary and committee roles with dance entertainment in the gym.
New York Mayor William O'Dwyer intervened to head off a threatened strike by the International Ladies Garment Workers Union set for Wednesday. The stoppage would affect about 86,009 workers in New York's dressmaking trade, a key industry with wholesale business totaling 760 million dollars. Union leaders and industry officials have failed to reach an agreement, and O'Dwyer invited managers and union reps to meet in the coming days to seek a resolution.
Dr Henry BE O Neil of Hudson Pally elected president of the Washington County Veterinary Society at Hudson Fitts during the meeting. He succeeds Dr John Thettip coh of Granville. Other officers include Dr Gordon Milnes of Fort Edward as secretary and Dr Philip Lievigi of Granville as treasurer.
Legal notice details a Troy Common Council ordinance granting consent for a street railway line by Way Bue Lines Inc. to operate along routes through Troy and connecting Albany and nearby areas. The measure includes hearings in Rensselaer County Court and outlines route points, jurisdiction, and a twenty year operative term.
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