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Winchester Evening Star in Winchester, Virginia

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Newspaper

Winchester Evening Star

Location

Winchester, Virginia, United States of America

Date

Jul 01, 1942

Page

5

U.S. Geared To Out Produce Axis In Six Months Of War

The 1942 war effort enters a crucial six months with America and Allies outproducing the Axis but facing materials and manpower bottlenecks. Officials outline priorities: raw materials, factory capacity, manpower, transportation, and financing to sustain a billion-dollar-per-week wartime pace.

U.S Axis Claude A. Jagger Wide World Financial New York America Global Washington United States Smith Hitler W. L. Batt Bing

Public Sale of Frederick County Property

By authority of a 1927 deed of trust and a 1942 bankruptcy waiver a substitute trustee offers at public auction in front of the County Courthouse Winchester Virginia on Saturday July 18 1942 at 11 00 A M the tract of land in Frederick County about four and a half miles southwest of Winchester containing 102 acres one rood and fifteen poles conveyed to John M Steck Trustee by C A Wisecarver. Terms are one third cash day of sale and balance with interest as secured by a deed or on the property.

Circus Court Frederick County Virginia Circuit Court John M. Steck John. M. Steck C. A. Wisecarver Russell Cather C. I. Brumback

Inflation fears and price controls amid wartime economy

The article discusses the risk of inflation as government finances rely on bank loans and bond sales, with 90 percent of business done via bank checks increasing spendable money. It argues for May 18 price controls, wage stabilization, and urges reliance on capital markets for reconstruction while warning of inflationary pressures in wartime finance. It quotes Emil Schram of the Stock Exchange on the need for a strong enterprise system and notes the possible inflationary impact on securities markets.

Pearl Harbor New York Stock Exchange Wall Street Washin Emil Schram The Stock Exchange

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