Hoover urges billions to fund European purchases of American goods
Paris Sept 2 Herbert Hoover director general of inter-allied relief urged U S credits of 3 to 4 billion dollars for Europe over 18 months to provide a market for American surplus and avert disaster. He said credits should back European merchants with government guarantees and counter speculation driving high food costs.
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Paris
Congressional Committee On War Expenditures
Herbert Hoover
Inter-Allied Relief
United States
Europe
Interallied Relief Organization
Associated Press
Hoover
Poland
Ceecho
Baltic States
Gerof
Anieh War Francisco Veterans Opening
Sept 2 news notes veterans present when the national Spanish War began here.
MENTIONED IN THIS ARTICLE
Francisco
Ial
Market tone improves as labor calm boosts stocks
Eastern markets show a strong upturn led by steels and high priced shares as labor calm and Wilsons Labor Day message foster conservative buying. Analysts note higher prices likely with profit taking subdued and a focus on increased production to meet demand in coming weeks.
MENTIONED IN THIS ARTICLE
Wilson
Hutton
Heilbronner Company
United States Steel Ammon
Crucible
Baldwin
Lackawanna
Republic
Bethlehem. Steel
American’ Car “Foundry
Mexican Petroleum
Texas Pacific
Anaconda
Utah
Inspiration
Kennecott
Logan-Bryan
Lauzier-Wolcott Company
Motors
Washington
Elkhorn mine shows continuous ore at upper Idanha level
Ore from the Idanha view at the Elkhorn mine extends to the 640 foot upper level with seven to over ten feet width and commercial grade. The Montana Southern railway outlet is nearing the Elkhorn properties, advancing about a quarter mile daily along the Wrangell valley. Davis-Daly Copper shipped 144 cars in August, with unofficial estimates suggesting net earnings above 100000 for August and July above 90000, and a dividend may be declared later in the year. Ramadell Copper shipments continue at about one car daily with recent smelter returns around 8690 for four cars and 11.96 percent copper content. Htamshell July smelter earnings near 33000. Ore shipments carry 10 percent copper or more currently.
MENTIONED IN THIS ARTICLE
Elkhorn
Boston
Montana
Idanha
Montana Southern Railway
Davis-Daly Copper Company
Amaena
Butte & Ramadell’ Copper Mining Company
Ramadell
German Dyes Import Allowance Proposed By War Trade Board
Washington September 2 The War Trade Board announced an allowance for importation of a six months supply of dyes from Germany for American manufacturers in a move intended to support wartime production and supply chains despite ongoing hostilities.
MENTIONED IN THIS ARTICLE
Warhington
Germany
Fuling
War Trade Board
New York Stocks Rally After Holiday Trade Boost
Strong but uneven session sees gains in steel, oil, and motors as markets digest labor talks and a tentative truce with federal authorities. Bond market is irregular with Liberty issues steady. total par value sales at 11.2 million while money markets show moderate demand and short-term rates near 6 percent.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Texas Company
Ioleums
Studebaker
Stutz Chandler
Maxwell
General Motors
American’ International
Markets and receipts mix across cities amid varied factors
Report details Minneapolis receipts on September 7 with 146 carried receipts versus last year and price notes for cash yellow and other items. Copper and metal markets in New York show steady electrolytic copper and firm nickel futures with mixed regional quotes and subdued activity.
MENTIONED IN THIS ARTICLE
Minneapolis
Shipmos
New York
Gerober
Boelter
East
Disque to Testify in Spruce Inquiry
Gen Bryce P Disque former head of the United States spruce production corporation will testify before a congressional sub committee investigating airplane spruce production likely tomorrow He asked to testify to correct alleged false impressions given to the public by the investigation Whether other spruce officials will be called depends on the inquiry status after Disque testifies Congressman Frear said Also in Washington the Allied blockade against Hungary was lifted today by the Allies or authorities
MENTIONED IN THIS ARTICLE
Portland
Ore
Bryce P. Disque
United States Spruce Prodtion Corporation
Congressional
General Disque
Spruce Corporation
Disque
Frear
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TME
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W. A. Clark J. Ross Clark
W.a.clark& Bro. Bankers
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Johnston
Heslet
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Pe" Bation
Stephenson
Geoffrey A. Liddelphus B. Keith
William G. Stearns
Donald Campbell
Paul Wolcott
W. G. Stearns
A. B. Keith
Lauzier-Wolcott Co
Ogo
Reat Sreybul
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Montana-Canadian
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Puotumne Vander Liberty Bonds