European Stars And Stripes (Newspaper) - April 4, 1950, Darmstadt, Hesse                                Page 6 the stars and stripes april 1950 business in the steel production hits 12month paces fast week by Phillips new april 3 12 month High in steel production set the Pace for fast action in business and Industry last other major measurements of Industrial activity held close to the Best Marks since the end of the Coal strike with another Good turn out of automobiles a a Balky Stock Market and Dis appointment in some quarters Over the draggy trend in easter apparel sales were the principal unfavourable analysts were split concerning reasons for the failure of the women to Rush into department stores and buy a lot of easter finery thus some thought it was because too much of the cur rent family income was being spent on such hard goods As Auto television furniture and electric leaving Little for anything else except the most essential unfavourable weather called Factor in lag others thought a combination of unfavourable plus a tend ency to postpone the major buying spree until the last accounted for the fact that retail sales for the country As a whole were barely even with the previous week and averaged 4 per cent under a year a majority of this school of thought believes a last minute spurt in sales will take up much of the Slack in the retail car output remains favourable Factor line in the final two weeks before after that they Are not so sure which Way the trend will the Magazine sales management predicts april retail sales will total a decline of 3 per cent from april and attributed this entirely to a smaller number of shopping Days this year and an Early an old hand at the game of forecasting in the retail had this to say in the cur rent International statistical Bureau Survey right total sales Are hold ing but they Are holding up Only because television and appliances Are showing big and hard lines Are showing big gains Only because Consumers Are willing to go farther and farther into debt As Long As the Down pay ment is but textile and apparel items As whole Are both in Dol Lars and we doubt if this mixture of feast and famine is As sound As a situation in which businessmen and workers in All Fields were getting their share of the the tendency to look under the table for clues to the future Busi Ness trend was not confined to the retail analysts in other Fields appeared More and More in a questioning the highly placed Magazine steel introduced this note of caution in its weekly summary despite the Strong current Market uncertainty for business after midyear Industrial while pressing for deliveries of currently tight Supply Are placing new orders labor developments in the Auto Are being watched cutbacks in steel needs being anticipated in event general motors plants Are Here is a Birdseye View of the Good and bad sides of the National business picture As the second Quarter gets under Way spotlight is still held by building Industry the building and the hottest thing in the country at the there is still heavy demand for a television steel and other Metal House fur natural diesel in electric chemical Labo saving paper and paper and Jet propulsion less favourable conditions prevail in retail particularly textiles and other soft machine tools Are not in As heavy demand As they have the Oil Industry is faced with overproduction the Railroad equipment business is in the doldrums because the carriers Are doing most of the work them but Market drops and easter shop sales lag Many persons will riot re turn to using soft Coal again after the last strike forced them to extreme unemployment is rising to a Point where government officials profess to be foreign Trade is on the farm income is Esti mated 10 to 15 per lower than last Many businessmen won Der whether to proceed with additional expansion and modernization programs in View of the steadily rising costs of raw drives for free pensions and higher Many persons Are in Hock for things they have bought on time and will not have much Money to spend on anything but debts and necessities for months to Secretary of the Treasury John Snyder leaned far to the Side of in an appraisal of business prospects he strengthened by a flow of per Sonal income and by in savings Bonds held by i divid there is a very favourable near term business he and the longer in my is likewise it was both an up and Down week in business and steel Mills produced the highest since March j and worked at per cent of this compared with a rate of and tonnage of the week a year ago figures were end Reid Auto makers assembled an exceptionally Good show ing in View of the continued of Chrysler from the production Lii due to the last weeks out put totalled and a year cars were engineering construction reflected increased activity in the building Field As Spring weather made its appearance in Many the weeks total awards of compared with the previous week and a year electric Power output levelled off a Little from the previous weeks f High Marks and there were fewer j freight cars loaded than the week Sof Coal production also wan a Shade under the big output in t preceding listed stocks show drop of the Stock Market had one of worst weeks in a upward at was clipped from the quoted value of listed shares by re current Selling Waves that caught everyone by Surprise and were accompanied by no specific Newsib the absence of anything better j brokers Laid it to technical factors j associated with the Long u the Bond Market escaped with by a Ada denounces gop for Acheson attacks april 3 for democratic action has denounced Republican attacks on Secretary of state Dean Acheson As sordid and the Ada convention approved by a voice vote a Resolution also expressing Shock at the apparent indifference of responsible republicans to the moral and political consequences of the and outrage because More democrats have Smith moves for 2party Amity on foreign policy replied to the presented by former attorney general Frances did not name Joseph Mccarthy who contends the state department is infested with communist but Joseph Ada executive committee de dared from the platform in Case people dont know who we its senator which describes itself As an anticommunist Liberal Organiza said in its Resolution that while not necessarily agreeing every detail of Secretary Ach Sens we believe that the general position i Well considered and in Thebes interest of the and its the group later heard Secretary of agriculture Charles Brannan accuse republicans of political persecution of Acheson and of a sordid attempt to scavenge votes in the muck of fear and Brannan is stoned for Bis brilliance by men who Don the halves of Patriot ism to do their Quisling the Cabinet officer did not men Tion any republicans by Ada called for Swift and Mas Sive american action in the cold including creation of a new to strategy Board to advise Gress whether the country greater armed might and stronger political and economic the offered by former assistant Secretary of state was adopted by unanimous voice of the 650 f i i in British Auto show in apr 3 luxury British cars will be among the Hundred different cars exhibited at the British Auto and motorcycle shown grand Central Palace from j april april 3 a Republican senator has taken direct action to revive the battered bipartisan foreign with two party cooperation on world affairs brought to a new Low in the furore Over the senates state department Alexander Smith told a reporter he has sought administration assistance in Patching up its differences with he said that acting As a member of the Senate foreign relations he has asked Secretary of state Dean Acheson and a top Acheson Philip for conferences this week to Dis cuss ways of getting the bipartisan International approach Back on even Smith represents a bloc of gop opinion which holds that joint Dis Cussion with Republican senators is necessary in Advance of arriving at foreign policy Smiths move bumped squarely into opposition within his own William Jenner r made it Clear that some re publicans would Welcome a clean break with the in the foreign explosions Cut off Power april 3 explosions Cut off Power twice within nine hours Here and resulted in damage estimated at the explosion res occurred m a downtown and in a manhole on half mile from the twinset helicopter ready for test Howard Hughes new twinset designed to carry massive military Rolls out from Bis Culver Plant for ground the helicopters huge each m big As the average air plane measure 100feet from tip to group begins fast to stress peace april 3 about 50 among them a hopi Indian have begun a we Klong fast in an Appeal to the world to renounce War and the Hydrogen the idea came from a conference of the National a Small group which endorses the nonviolence doctrine of the late Mohandas members of the Catholic workers organization and1 the Fellowship of re Concilia an interfaith sub sequently joined in supporting the the group plans to consume no solid food until easter the diet will be limited to with exceptions made in individual fruit juices will be Given to individuals who become pioneering doctor killed april 3 Charles an out standing negro physician and Pioneer in the Field of blood was killed in an automobile Accident near Butler opposes Bonn in wheat pact april 3 Hugh Butler said that letting Germany into the inter National wheat agreement will away a Market for 20 Milli on bushels of american Butler said in a statement that the 20miliion Bushel Market would go to Canada and Australia although the German Market is bought and paid for american he put into the Senate record an Exchange of with Secretary of agriculture Charles Brannan in Wirich he protested the inclusion of Ira pan and Germany in the wheat Brannan replied that the Ger Man quota would be divided among the exporting including v y wholesale prices Rise april 3 the Bureau of Labo statistics has reported that wholesale0 prices throughout the Rose an average of per cent in the week ended March the Bureau placed its new Index at of the Byrd warns on weakness april 3 adm Richard Byrd has scorned timidity and weakness and urged americans to use political if to resolve the Veteran explorer spoke be fore persons at the dedication of a new building at Byrd Airport would be he to Trust Russia in any agreement a disarmament nor could Russia be he to outlaw the h bomb or bomb unless she were forced to accept method of the Admiral called for a reconsideration of what he termed the j National policy of waiting for the other fellow to Start a Wear in a at Byrd i he offered a fou year program sacrifices to build up the economic and military he if diplomacy and Justice a and fair dealing continue to fast of political backed by economic j and military must be Waedt against v appeasement and weakness broken agreements Lead Only War and the loss of b of soldiers medal Vallejo april 3 of while several of his Bellfl airmen stood bin formal Youthful Corporal was rated with the peace Tim award for Cpl Burnett of by Yec tved the soldiers Froin Brig Robert commanding eral of Fairfield Suisun Force base arid of the 9th strategic reconnaissance award Wasni Ade his heroic an injured Motorist from Al car on Highway 40 near March Hale was severely during the Rescue a still under medical