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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Troy Record
Location
Troy, New York, United States of America
Date
Mar 11, 1947
Page
14
The article reports mixed profit figures for major locomotive firms. American Locomotive Co shows line 949 profit with figures near $0 after dividends and deductions. Consolidated Net profit stands at $6,601,000 for 1815, implying $4.08 per share on 808,032 shares. The text references common stock, dividends, and port holdings, with unclear dates or entities.
The United States Army ordered a crackdown on counterfeiting and black market currency in occupied Germany and Japan. Troops were told to return scrip holdings by 6 pm for exchange asphalting measures began at 5 am in Germany and 19 am in Japan. The drive targets counterfeiters and illegal trade amid postwar occupation, with units briefing and directing surrender of improper money for replacement.
The foreign ministry in Warsaw announced a twenty year treaty between Poland and Czechoslovakia. The pact commits to mutual defense if attacked by Germany or its allies and aims to deter any new threat of aggression from Germany or its partners.
The latest confiscation mirrors a fourth failed attempt to curb the black market. General MacArthur’s headquarters state the move aims at German counterfeiters in Japan, with $60,000,000 in occupation currency recalled and a 100 percent loss for black market operators holding old scrip.
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