Pound Devaluation Cuts British Goods Price in U.S. Market
Washington reports the pound’s 30 percent devaluation lowers its price to $2.80, boosting British exports to the United States and potentially lifting imports from Britain. Officials expect shifts in global trade, IMF activity, and further currency readjustments as Europe and other regions respond.
MENTIONED IN THIS ARTICLE
Washington
Europe
Latin America
International Monetary Fund
Norway
Denmark
Australia
India
Union of South Africa
Egypt
New Zealand
Israel
Ireland
Burma
Holland
Sweden
United States
Great Britain
Sir Stafford Cripps
U. S
England
America
Britain
Ican
Sir Stafford
Monetary Fund
Snyder
Red Cross to Elect Ten Board Members
Winchester and Frederick county Red Cross chapter holds its annual meeting at the Presbyterian church at 7:30 p m on September 27. Ten board members are to be elected. Any contributor of one dollar or more is a member and is invited to attend.
MENTIONED IN THIS ARTICLE
Winchester
Frederick County
the Red Cross
Presbyterian Church
Noronic Death Toll May Be Lower
Toronto report shows 121 known dead from the Noronic fire as divers search the sunken ship for missing passengers. Red Cross officials believe many unaccounted travelers returned home, with authorities fearing up to 205 dead initially.
MENTIONED IN THIS ARTICLE
Toronto
Ont
S. Noronic
Red Cross
Stanbury
Oonee Cross
United States
Low& Lines
Winchester to discuss welcome signs at city entrances
The Winchester chamber of commerce directors meet at 7 30 p m next Monday to decide on erecting welcome signs at city entrances. Council approved reallocating 864 dollars to funding the signs, replacing eight distant advertising signs previously used near Keyser Falls Church Strasburg Harrisonburg Greenville N C New Market and Fredericksburg. Signs will read Welcome to Winchester Va oldest city west of the Blue Ridge and home of the Shenandoah Apple Blossom Festival.
MENTIONED IN THIS ARTICLE
Winchester
Chamber of Commerce
Winchester Council
Chamber
Keyser
W. Va
Falls Church
Strasburg
Harrisonburg
Greenville
N. C
New Market
Fredericksburg
National Advertising Co
United States
Blue Ridge
Camp Washington
Watts Grant to Revisit Sign Ordinance With Council
City Solicitor Dabney Watts and City Manager L Grant will meet with the council's public and local improvements committee led by Mayor M B Clowe Jr to discuss enforcement of Chapter 25 on signs. The ordinance requires permits, five year maintenance, safety, and curbside limits. The council gave initial approval to enforce the chapter amid warnings of potential backlash.
MENTIONED IN THIS ARTICLE
Dabney Watts
L. Grant
Council
M. B. Clowe Jr
Miller
W. P. McGuire
Devaluation of pound sparks Britain’s price shock
London reels as sterling falls 30.5 percent, bread rises to six pence, and imports cost more. Cripps warns of lower living standards if gold reserves drain further while devaluation aims to boost dollar earnings by 1952.
MENTIONED IN THIS ARTICLE
London
Europe
Sterling
Britain
America
Stafford Cripps
Cripps
Soviet
Kremlin
United States
Stock Selling Flurry Quickly Subsides
Opening burst of selling after British currency devaluation fades within minutes. Prices slip a few cents to about $1 a share then recover to end near unchanged as traders assess the move and its impact on U S securities.
MENTIONED IN THIS ARTICLE
New York
Wall Street
U. S
Kern Motor CO
Rain and Storm Cause Local Power Disruptions
Heavy rain and a hurricane type storm hit Winchester area with 1.01 inches in 30 minutes and additional showers. Northern Virginia Power Co crews repaired six mile line downed along Papermill Rd and a transformer on Martinsburg Pike blew. Trees snapped wires near Jefferson Street and a back-yard fire caused by arcing lines was reported. The Reliance CAA station said winds were limited and the local baseball game was canceled.
MENTIONED IN THIS ARTICLE
Winchester
Rts
Northern Virginia Power Co
Stephens City
Papermill Rd
Martinsburg Pike
Claude R. Cammer
Jefferson
Cammer
Jefferson St
Camer
Stewart
Earl Shipe
Valley Airport
CAA
Reliance
Reliance Caa
Ala
H. W. Butler
Winchester African Legion Post
Front Royal Club
Northern Virginia
Rouss Park
Carson Confirmed as Federal Trade Commissioner by Senate
The Senate approved President Truman's nomination of John Carson to be a Federal trade commissioner by a 45 to 25 vote. Carson, 59, a former Indianapolis and Washington newspaper man, has held various government posts and most recently served as director of information for the Cooperative League of the USA. Administration leaders had feared a loss after last week’s 40 to 28 rejection of Carl A. Tigenfritz for the defense department's munitions board.
MENTIONED IN THIS ARTICLE
Washington
Senate
Truman
John Carson
Carson
Indianapolis
Cooperative League of the USA
Carl A. Tigenfritz
Defense Department
Conciliation Seen As Sole Hope to Avert Steel Strike
CIO President Philip Murray urged settlement of the pensions dispute at government conciliation sessions to avert a one million worker steel strike. Murray spoke with Cyrus Ching and 70 industry reps at talks aimed at implementing the presidential fact finding board recommendations. He said a prompt settlement on the board plan is essential to national interest and urged negotiation with all companies.
MENTIONED IN THIS ARTICLE
Washington
Philip Murray
CIO
Murray
Cyrus
Ching
Herisnys
U. S
Communists Move to Establish Central China Government
The Red News Agency reported that Chinese communists are setting up a central government apparatus. A preliminary PCC meeting at Peiping approved in principle the organic law for the central government and the PCC. The PCC will convene a plenary session soon with 661 delegates from 45 political units.
MENTIONED IN THIS ARTICLE
Shanghai
Red
Political Consultative Conference
Peiping
PCC
Hog price guarantee shifts under new price support rule
The Agriculture Department says it will not promise a minimum price for each hog but will try to keep the national average above the support level. Individual hog prices may vary by market. widespread government purchases this fall are unlikely, provoking farmer and lawmaker criticism over midgame rule changes.
MENTIONED IN THIS ARTICLE
Ovid
A. Martin Washington
Agriculture Department
Coal Miners Strike Drags Supplies for Local Dealers
Miners walkout over royalties creates tight coal stocks in town with some dealers reporting 60 day backorders and little on hand. Schools and industries show better resilience while several firms fear delays on new orders amid a cooler spell and pending settlement.
MENTIONED IN THIS ARTICLE
Houvseholder
W.B. Snider & Son
A. C. Slonaker & Son
Haines Coal and Wood Yard
Mport
Haines
Enrolment Reaches Record High in County Schools
County enrollment climbs to a county total of 3460, up from 3145 last spring. High schools show gains with Stephens City 272, Stonewall 174, Middletown 80, Gainesboro steady at 99, Gore down 2. Elementary enrollment rises to 2718, led by overall gains across grades.
MENTIONED IN THIS ARTICLE
R. E. Ayler
Gainesboro
Stephens City
Stonewall
Middletown
Gore
Shenandoah Valley Academy
SVA
Roving Pickets Force West Virginia Mine Closures
A 1000 strong roving picket force moved from Harrison County toward Lewis County aiming to close Virginia West mines. They beat three miners at Robey and dumped thirteen truckloads of coal at multiple sites. State police had no reports of calls while Lewis County officials prepared to deter work stoppages.
MENTIONED IN THIS ARTICLE
Clarksburg
W. Va
West Virginia
Lewis County
Harrison County
Tom Friend
Freeport Gas Co
Robey
R. 20
W. E B. Murphy
Friend
Bitner
Jane Lew
Cecil Owens
Gregory Pany
Slussar Taker Company
Sycamore Creek
Keeley Construction Company
Twolick
Cleghorn Mining Company
Mount Clare
Beckley
R. J. Burmeister
Raleigh Coal and Coke Co
Girl Cycle Rider Only Person Hurt In Four Accidents
Police investigated four accidents in Frederick and Clarke counties and Winchester over the weekend. They caused 980 property damage, but no serious personal injuries. Only person requiring hospital treatment was Alice Altizer, 20, of Middletown. She rode a motorcycle driven by her father R F Altizer and struck a Abington Va car on Route 11 at Middletown Saturday afternoon. She received treatment for cuts and bruises. Three cars were involved in the Winchester crash at 2:30 p m yesterday with drivers Harry E Dieckman and Herbert Lee Lewis among others.
MENTIONED IN THIS ARTICLE
Frederick
Clarke Counties
Winchester
Alice Altizer
Middletown
R. F. Altizer
Abington
Harry E. Dieckman
S. Stewart St
Herbert Lee Lewis
Union Chief John L Lewis Leads Nationwide Coal Walkout
Pittsburgh reports mass stoppage as United Mine Workers in 20 states halt operations over pension fund funding. About 480,000 miners idle as demand for 20 percent royalty payments ends, with Lewis ordering fund contributions suspended and operators blamed for funding shortfalls.
MENTIONED IN THIS ARTICLE
Pittsburgh
John L Lewis
United Mine Workers
UMW
Lewis
Mississippi
West Virginia
Western Pennsyl
Anthracite Pension Fund
Indiana
Confessed Slayer Found Sane Faces Trial
Fairfax report says Charlies FP Holober 40 confessed slayer of his wife Frances 37 and 8 month old daughter. Bodies found in a shallow grave at a distant camp last February. Sanity report by Dr. Joseph R Blalock of Southwestern State Hospital.
MENTIONED IN THIS ARTICLE
Fairfax
Charlies
Feared Crack in Corn Price May Spread to Other Products
Government price support programs face a potential crack as autumn bumper crops approach. Trade sources expect corn to be first affected, with possible spillover to other commodities. The Agriculture Department uses direct purchases non recourse loans and purchase agreements to hold prices, a historic effort with strong bipartisan backing. Large stocks of grains cotton dairy eggs and meat are to be stored, raising questions on disposal as farmers receive support while some grain prices remain unsupported.
MENTIONED IN THIS ARTICLE
William Ferris
Chicago
Agriculture Department
Also Mentioned on This Page
U.S
Tance
Paris
Gene Salers
Watts
Grant
Hay Baling
C. M. Janney
Clearbrook
Gardner
Central
China
Garland
Toan
National Fruit Product Co
Virginia Woolen Co
O'Sullivan Rubber
SEARS
Sears, Roebuck & CO
S. Loudoun St. Winchester
R. Lewis
Brucetown
D. S. Shields
Shields’ Cash
Apply Pine Motor Co
Battletown Fruit Co
Berryville
Wee
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