Engel Claims War Contract Profits Hit 53 Percent
Representative Engel reports a study of 48 companies showing after tax profits per dollar of market value ranged from 5 to 53.88 percent in 1942. He cites tax handling as part of production costs and highlights windfalls for firms with government capital. He points to Jack and Heintz Inc as an example of concentrated stockholder gains and notes War Department renegotiations halved excess profits by 1943.
MENTIONED IN THIS ARTICLE
Engel
R-Mich
House
Appropriations Committee
Defense Plant
J and Heintz
Jack and Heintz, Inc
Defense Plant Corporation
War Department
News of Our Men and Women in Uniform
Pfc Buckner of 654 TSS Bks 1123 AAF TTC Sioux Falls S D is a son of Sheriff and Mrs R W Buckner Bergville March 1 1943. Joseph B Ginn advanced to Master Sergeant at an air base in Texas. Technical Sergeant Edwin B Clevenger and family spend time with Clevenger's parents in Rose Hill. Private James Lofton returns to North Camp Hood after visiting Stephenson. Private Lee Lock stationed at Miami Beach writes of warm weather and enjoying training. Cpl Paul W Puffinburger back at Camp Shelby after furlough with Angers Store family. Aviation Machinist Mate Harry Robinson furlough and stationed Norfolk. completed training in Chicago and specializes in propellers. Pfc Lawrence C Pries USMC commissioned 2nd Lieutenant after officers school at Quantico. former Handley High School and Winchester Cold Storage employee. husband of Martha Coontz. Corporal Charles Cain visiting from Los Angeles. Paul Harding Esogna Navy Ensign completed three months training at Athens pre flight school and set for Dallas to begin flight training. son of Samuel Ensogna.
MENTIONED IN THIS ARTICLE
Buckner
Sioux Falls
S. D
R. W. Buck
New
Bergville
Arlington
Lee Lock
William Lock
Sunnyside
Miami Beach
Fla
Pvt
Fila
Harry Robinson
Naval Air Station
Norfolk
Robinson
Naval Air Technical Training Center of Advanced Aviation
Chicago
Lawrence C. Pries
USMC
Lewis W. Fries
Quantico
Lieut. Fries
Handley High School
Winchester Cold Storage
Martha Coontz
Paul Harding Esogna
USNR
U.S. Navy
Athens
Dallas
Texas
Ensogna
Samuel Ensogna
Jackson Avenue
Navy
U S Dive Bombers Attack Japs in Munda
wartime dispatch notes U S Navy Marine aircrews strikes at Munda on New Georgia. On first invasion day numbers show heavy Japanese losses while American losses were light. McCawley sank without casualties after a Rendova attack. Marines reach Viru Harbor and push inland, mopping up resistors.
MENTIONED IN THIS ARTICLE
Navy
McCawley
Viru Harbor
New Georgia
Rendova
Chinese Estimate Enemy Losses
Chungking dispatch reports that Japanese forces suffered 55 870 men killed or wounded in heavy fighting along the upper Yangtze from May 4 to June 30. A further action near Hangchow prompted word of a guerrilla capture of Tama, about 20 miles northeast of Hangchow.
MENTIONED IN THIS ARTICLE
Chungking
Meat Shortage and July 16 Meeting of Meat Committee
The meat shortage discussion notes a July 16 meeting to review permits. Committee members listed include Charles E Staples as chairman Boyd V Unger B W Largent Dr E W Miller Hoye Riley and Mrs 8S Brooks. E M Punk chairs the USDA War Board and says the group will advise his organizations. Croswell Henderson of the war board is named to represent it on the meat committee.
MENTIONED IN THIS ARTICLE
Charles E. Staples
Boyd V. Unger
B. W. Largent
E. W. Miller
Hoye Riley
8S. C. Brooks
E. M. Punk
Usda War Board
Croswell Henderson
War Board
Steel To Be Boosted Next Six Months
Pittburgh war board officials pledged to lift steel output by 2,000,000 tons over the next six months. Benjamin Fairless of United States Steel and Philip Murray of the Steel Workers union backed the drive, signaling labor and management unity for a higher government quota amid wartime needs.
MENTIONED IN THIS ARTICLE
Pittsburgh
Donald M. Nelson
The
War Poduction Card
WPB
Victory Valley
Nelson
Steel For Victory
Benjamin F. Fairless
United States Steel Corporation
Philip Murry
United Steel Workers of America
Murray
Fairless
Public urged to buy potatoes in Winchester area
Brady Largent, chairman of the Food Advisory Committee for the Winchester area, urged growers to delay harvest until ready for market to ensure orderly movement and greater civilian availability. The Winchester region includes Loudoun, Clarke, Frederick, Shenandoah and Warren counties. The War Food Administration says purchases are needed as normal channels cannot absorb the crop, which is 35 percent above last year and worsened by perishable early potatoes in hot weather.
MENTIONED IN THIS ARTICLE
Brady Largent
Winchester
Loudoun
Clarke
Frederick
Shenandoah
Warren
War Food Administration
North Carolina
Virginia
Round Hill 4-H Club Meeting Features Treasurer Report
Round Hill 4-H Club met Thursday at the home of Mr and Mrs Edward Carpenter. Nelson Carpenter spoke of his All Star trip as Sprouse discussed the girls work. The treasurer reported and refreshments were served by Mrs Carpenter.
MENTIONED IN THIS ARTICLE
Round Hill 4-H Club
Edward Carpenter
Nelson Carpenter
Hoover
Sprouse
Carpenter
Big Ship Sinkings Claimed By Japs
London reports the Tokyo radio claiming 382 Allied ships sunk since South Pacific operations began and 81 cruisers and 86 destroyers sunk or damaged by air attack. It also says 2,517 Allied aircraft destroyed in 12 months with 2,234 shot down in air combat and 283 wrecked on the ground.
MENTIONED IN THIS ARTICLE
London
Tokyo Radio
South Pacific
Associated Press
Lord's Supper Planned At Opequon Churches
The Lord's Supper will be observed Sunday July 4 at Opequon Memorial Church at 11 o'clock and at Opequon Chapel at 8 o'clock. Revere McDonald, pastor, asks all members to attend and invites visitors.
MENTIONED IN THIS ARTICLE
Opequon Memorial Church
Opequon Chapel
Revere McDonald
Also Mentioned on This Page
J. H. Ginn
Boyce
Joseph B. Ginn
Texs
Edwin B. Clevenger
Mrs. Clevenger
Emery Jewell
Mrs
E. B. Cleva
Rose Hill
James Lofton
North Camp Hood
Stephenson
Cpl
Paul W. Puffinburger
Camp Shelby
Elijah Puffinburger
Angers Store
W. Va
Charles Cain
Los Angeles
Calif
Herbert Cain
Highland
Pfc
Hunter W. Buckner
U. S
Munda
Ely
Travel
Blue Ridge
Labor
Management
By Robert Grubb
Round Hill
Opequon
Fey
JY Bnei Mene
United Food Stores
Win
Chester
Winchester Ice Companies
Ities
Berryville
White Post
Inwood
Wardensville
Stephens City
Middletown
Gainesboro
White Hall
Kernstown
Apple
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