U S Markets Hold Ground Amid War News
Roger W. Babson reports that despite Europe’s violence American business has held steady. A surge in steel and heavy industry offsets declines in textiles, building, and autos, with war-time arms spending boosting the economy and a predicted long war-time upturn in employment and production.
MENTIONED IN THIS ARTICLE
Roger W. Babson
Harrisburg
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Boise City Chamber hears Dalhartan talks at banquet
B N Richards former district attorney of Dalhart and notable community leader addressed the Boise City Chamber of Commerce monthly meeting Tuesday night at a Methodist Church banquet.
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Boise City
Oklo
B. N. Richards
Dalhart Ani
Boise City Chamber of Commerce
Drills in the Sea To Get Fresh Water
A water well was drilled five miles out in Galveston Bay by Humble Oil and Refining Company to supply steam boilers for an oil test. The effort aims to obtain fresh water more easily than extracting salt from bay water.
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Houston
Galveston Bay
Humble Oil and Refining Company
Manchoukuo Receives Large Yen Grants For 1940 Development
After nine years of development Japan continues funding Manchoukuo. In 1940 yen 1,200,000,000 ($283,000,000) will be spent on development, plus yen 100,000,000 ($24,000,000) for foreign exchange credits. State gasoline tax receipts totaled $808,376,000 in 1939.
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Hsinking
Manchoukuo
Japan
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