September 19, 1948

fall buying discussed

Twenty-year-old Richard (Pancho) Gonzales stepped upon the stage at Forest Hills yesterday to prevent the United States from being shut out of the national championship tennis singles final for the first time since Fred Perry of Great Britain and Jack Crawford of Australia met for the crown in 1933.

Authorities in Washington are much concerned over adequate oil supplies in the event of another war. Realizing that the next war might require double the 1,600,000 barrels a day which was supplied at the height of the last conflict, officials are striving to get sufficient reserves in this hemisphere to assure enough oil for military and essential civilian requirements in another emergency.

Bank observers see 'punch-card' checks replacing paper checks