Buoyant 1940 Outlook Cites Broad Industrial Boom Ahead
A 1940 forecast argues wages rise with union pressure and the Wage Hour Act boosting overtime pay. Industry activity should lift output across sectors from mining to shipyards, with construction and real estate strong. Despite profits growth and investor gains, overall sentiment remains cautious and war effects uncertain.
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Ruby Keeler Wins Divorce From Al Jolson In L A Court
Ruby Keeler, 20, a dancer, wins a divorce from Al Jolson, 53, in Los Angeles court after testifying he ridiculed her. The pair, married in 1928 and separated last October, share an adopted son whose custody is in dispute.
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