All ’49 Cars Expected Out By Year End
Detroit—AP Automobile Editor David J. Wilkte reports nearly all 1949 models will be introduced before year end barring major assembly line stops. If labor issues clear, producers may reach 1,000,000 cars and trucks from July 1 to August 31. GM Ford and Chrysler stockpiled materials, aiding production prospects. Nash and Studebaker near entry of 1949 models later in the year.
MENTIONED IN THIS ARTICLE
Detroit
Ford
General Motors
Chrysler
United States
Nash
Studebaker
New Synthetic Rubber Poised to Outperform Natural
Detroit June 2 A rubber expert described a new synthetic tread compound from United States Rubber Co as the most important development since the first general purpose synthetic. The material produced at 41F shows 30 percent greater abrasion resistance, higher tensile strength, and better crack resistance than earlier versions though lower temperatures slow the reaction.
MENTIONED IN THIS ARTICLE
Detroit
United States Rubber Co
Rubber, Chemical and Petroleum Industries
S. M. Cadwell
United States Rubber
Rotary Club
Cadwell
Town Adoption Movement Grows in U S Europe Ties
George Gallup reports broad public support for American towns adopting European sister cities to aid postwar recovery. About 200 communities have formed pairings such as Dunkirk New York with Dunkerque and Seattle with San Gimignano. A Dunkirk conference on June 11 will organize national participation.
MENTIONED IN THIS ARTICLE
Princeton
N. J
America
Europe
Dunkirk
N.Y
Dunkerque
Brooklyn-to-Breukelen
Netherlands
Seattle
Washington
San Gimignano
Italy
Institute
Gallup
Operation Democracy
United States
France
Germany
Belgium
U S Backing Citrus Prices in Senate Bill
Senate agriculture leaders say citrus fruits are covered by the long-range agricultural program. Citrus could be supported up to 90 percent of parity using Section 32 funds, and citrus juices may be bought by the CCC to cut surpluses. House members say stopgap funding may also cover citrus once other crops are funded.
MENTIONED IN THIS ARTICLE
Washington
Senate
Sen. Aiken
R-Vi
Senate Agriculture Committee
Aiken
Commodity Credit Co
Secretary of Agriculture
CCC
Rep
Hope
R-Kas
House Culture Committee
Installment debt soars after controls end in six months
In Washington on June 2, Americans added 1.282 billion dollars of debt in six months as time payment controls expired last November. Installment credit climbed to a record 6.736 billion at early May while total consumer credit reached 13.596 billion. The rise stemmed from relaxed down payments and terms, with per-month increases far above prior controlled periods. A Reserve Board survey warned one in four families may overspend this year using credit or savings. In agriculture, soil programs expanded with 16,000 Nebraska farms fully developed and 7,000 seeking technical help.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
New Reserve Board
Downes Former Bank Leader Dies at 70
Carroll Downes aged 70, retired banker connected with Philadelphia and New York banks, former executive director of the Southern Governors Conference, and former president of the New York Philharmonic Symphony Society, died in Atlanta Tuesday after illness.
MENTIONED IN THIS ARTICLE
Atlanta
Carroll Downes
Philadelphia
New York
Southern Governors’ Conference
New York Philharmonic Symphony Society
Also Mentioned on This Page
David J. Wilkte
AP Automobile
George Gallup
American Institute of Public Opinion
U. S
Senna
Renee
U.S
Edward Moore
North Ya
Sys Anal
Bridgeport
Wewlow
Bridgeport Aer-Asol
Ridgeport
Bridgeport Breve Co
Bridgeport 2
Conn
Turson Bailly
Nebraska
TRONG
PAL
National Distillers Products Corporation
Alex Raymond
Joe Palooka
Tony
al Cap
Sonz
Blondie
Jessica
Skeezix
Wilmer Mama
Mama
Nix
Steve Canyon
Miko Cam
D’ Crown
Jene
Dick Tracy
Chester Gould
Addy
Edgar Rice Burroughs
Little
Orphan Annie
Argue
Breg
Chie Youn
Harold Gray
Sol's Jewelers
East Congress
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