European Stars And Stripes (Newspaper) - May 2, 1950, Darmstadt, Hesse Page 6 the stars and stripes May 1950 business in the record steel output spurs Spring Boom retail sales increase by Phillips new May i Boom in business and Industry was Given Strong support by record High steel production and excellent operating rates in other key lines last there even was a modest pickup in retail softest spot in the National Economy since the somewhat disappointing easter encouraged by better weather in most business in stores registered slight increase Over the previous week and came nearer to volume at this time last year than in any recent wholesale buying was a sustaining especially in so called hard in Terest remained High in television House furnishings and appliances to go into the record num Ber of new Homes that Are being outfitted these the employment picture Bright ened appreciably with the opening of various seasonal lines of work stocks and Bonds were but never lost their hold on the advancing Side very dividend payments ran strongly in favor of owners of and earnings re ports gave new evidence of the extraordinary volume of business done in the first labor relations take turn for worse week was without its unfavourable develop ments for there was a definite turn for the worse in labor the Chrysler strike went on with its terrific loss to both sides and highly disturbing situations developed in the communications and transportation business sentiment further was perturbed by a sudden Advance in prices of a of things for especially articles made out of no one knew for cer Tain what caused these increases at time when Competition is extremely some contended the increases from Thel wave of strikes in Copper and other Basic industries late last into the brightest Star on the business Chart last week was the record High steel second week in a Row that Mills have turned out More products than Ever or Youngstown Mills operate at highest rate in history the operating rate was per cent of capacity against 100 the previous week and a year the tonnage was against the previous High of the previous a year ago it was Youngstown milk operated at the by Ghent rate in to 107 cent Mills in the Pittsburgh area stepped along at a 100 per cent or higher demand for All kinds and All shapes of steel showed no of the Magazine Iron age said week even the timid and the conservative admit the steel Market is but even the bold and optimistic cannot say How Long it will last loadings were ahead of the preceding week at but fell behind last years due mostly to a late Start of Iron Ore movement in the great lakes area because of bad automobile production again was at exceptionally High considering the fact that Chrysler was still out on assemblies of units compared with the previous week and last the Small decline from the preceding week was due to Observance 6f the Confederate Niemo rial Day Holiday in Georgia where three important Assembly plants Are the booming building Industry gave a Good account of Industrial contracts awarded totalled compared with the previous week and a year a glowing fore cast of things to come was made by Robert president of the National Assoc Gatior of real estate he predicted new units would be built this More than last Little change is reported in soft Oil output there was relatively Little change in output of soft crude paper and paper Board and electric All compared favourably with High Levels in recent a drop in business Loans carried the total outstanding to against the previous week and compared with a year this was contrary to the trend expected at this time of year and bears especially since consumer the kind thai covers the Sale of goods already the Stock Market had a fretful week of rises and aircraft stocks responded generously to the increased government appropriation news and motors were Well sus from North and newspaper proprietors gathered in new York last week for their annual they reported generally Good business intense interest in world politics and an eagerness for times wins Ayer cup May 1 the new your pc times has been named Winner of the Way land Ayer cup for excellence in Typo press work and makeup in the 20th annual exhibition of news paper Dulles warns isolationists Aid Kremlin May 1 John Foster Republican consultant to Secretary of state Dean a c h e s o says americans who preach isolationism Are playing into the Kremlin in a speech before the american society of International Dulles said it no longer was possible for the to remain free from the entanglements of great Power Dulles said americans who Pur sue isolationist policies what Ever they the de Fae to a com of soviet in announced program of encircling and isolating tie United states so that it be strangled into7 sub Dulles added that now is the time for All americans to together to defeat the Black plague of soviet need stressed for big forces May 1 Navy Secretary Francis mat thews said Here the is compelled to maintain a great military establishment for our own Protection and1 in the interests of the peace of the in View of russian determination of world make All the world must make he in the of this Challenge we Are compelled to Arm ourselves to preserve the Freedom so vital to it will be costly but it must be done to preserve our form of democratic Matthews addressed1 66 nationally known business leaders the final session of the 13tih an Nual n a v civilian orientation Matthews Hopes to visit Rome with Sherman May 1 Secretary the Navy Francis Matthews said at an italian embassy reception for vice adm Emilio Ferreri he hoped to visit Rome in september with chief of naval operations adm Forrest Matthews intimated he would visit other countries also in the course of in inspection of like Mediterranean Secretary gave reply when asked if he would attend holy year ceremonies in howitzer9 going South of Border Gen Gilberto mexican Secretary of National defense receives a copy of West Points annual howitzer from Cadet Brig cmdr John maj Gen Bryant superintendent of the military envoy to Canada Stonier state department chief of who has been named ambassador to Canada by president he succeeds Laurence who was killed in a plane crash March Senate group urges Legal hiring Halls for Marine unions May i Senate study committee has recommended changing the Taf Hartley Law to legalize hiring Halls in the maritime the with Robert Taft Ohio and Forrest Donnell the committees recommendation now goes to the Senate labor com Mittee which created the study hiring Halls have been declared illegal in a supreme court Case which applied to great lakes under the hiring Hall the Union furnishes employers with their required per the supreme court found this violated Taf Hartley provisions which bar the shop or other forms of hiring preference for Union a widespread maritime strike has been threatened if the hiring Halls Are Spellman urges americans to guard against reds May 1 ins Francis Cardinal of new urged All americans to stand Sentinel against the potent growing dangers of traitorous communists and communist sympathizers in the communists end1 their he Are using americas free Dom to destroy the country free cloaking their activities beneath the Protection of our american official says riots caused by teachers new May 1 head of the new York City Board of education has charged that an investigation indicates High school teachers instigated the three Day outbreak of student rioting at City Hall Over demands for higher pay for school Board president Maximil Ian Moss some High school teachers were behind the they will be tired if the charge can be he the Board had been ordered by mayor William Odwyer to investigate and fix for the rioting in which thousands of students from All Over the City defied mounted police and stormed City Hall and the mayors hooting and throwing Light stones and pop bottles and overturn ing but some parents and teachers groups charged that Odwyer is to blame and that he could have averted the situation by talking to the said he started the disorders by refusing to see a peaceful delegation of 700 High school the new York Public education denounced unsubstantiated and misleading statements which said the demonstrations were led by communists and inspired Fay salaries listed by big firms May 1 the Standard Oil of new Jersey last year paid its 17 officers and directors salaries and bonuses totalling More than half of that went to the six highest paid according to the firms latest Finan Cial statement filed with the securities and Exchange com at the same time Eastman Kodak told the Sec it paid its executives and directors in salaries and bonuses in of which to the com pants four top salary Eastman president Thomas also a direct 8ft in a and had deposited in Bia retirement fund by the the reports on such salaries Are before Federal income taxes on such salaries Range from 50 to 77 highest paid Standard executive was president Eugene who got in a Bonus and had contributed to his retire ment Jersey paid its Board s in a Bonus of and contributed for Bis retire ment study conducted to assure Best care for disabled vets May 1 the government has asserted that a Broad scientific investigation is being conducted to assure disabled servicemen the worlds Best medical the veterans administration said the investigation is being completed in 23 leading medical colleges and four major hospitals throughout the country under a being studied Are 22 vulnerable illnesses and disabilities suffered world War ii these followup studies expect to determine whether the government can certain persons As unfit for military duty such As neurotics and tuberculosis other answers being sought Are there a of take ing care of disabled servicemen in future wars kind of a patient can be expected in a hospitals in the future can be done to improve the care of future War casualties a medical pointed out that the government failed to make such stud Lei after world War thereby losing the Benefit of medical knowledge that would1 have proved helpful id treating the same suffered by world War ii vets gleaned from the will give doctors a better under standing of How to treat patients Why previous and How Best to treat v
