Foreign Bond Issue Spread Profits Revealed to Senate
Wall Street earned an estimated 400 to 600 million dollars in spread profits from foreign bond issues, per a Senate finance committee report. J P Morgan and Company, National City Company, and Kuhn Loeb and Company were cited for underwriting about 5.82 billion in bonds with near 196.5 million in spread profits. The investigation suggests total spread could reach two to three times disclosed amounts, prompting talk of regulatory action and proposed taxation to curb offshore bond activity.
MENTIONED IN THIS ARTICLE
Paul R. Mallon
United Press
Washington
Wall Street
Senate Finance Committee
J. P. Morgan and Company
National City Company
Kuhn, Loeb and Company
Senate
New York Exchange
Borah
Idaho
Finance Committee
Institute of International Finance
Ileta
Bolivia
Brazil
Chile
Colombia
Peru
Uruguay
Otto BH. Kahn
Arrest of 30 in Midwest kidnapping ring operates from Chicago
Chicago report says 30 suspects including 12 women were rounded up after months of raids in Chicago Peoria and St Louis. Investigators say the group was linked to 17 kidnapings across the Midwest with headquarters in Chicago and units in Peoria and St Louis. Five captives confessed while authorities declined to release names or details yet.
MENTIONED IN THIS ARTICLE
Illinois
Chicago
U.P
Pat Roche
Roche
Peoria
St. Lowy
Trarittas Farha
Central States
Congress Hotel
Foche
Midwest
Rng
Unity
St. Louis
Priggners
Champ Liar To Defend Title In Burlington Contest
Burlington Wisconsin hosts the snnfallars contest with over 150 entrants from 30 states. Chief of Police Frank Beller, 78, Wisconsin state titleholder, plans to defend against challengers while revamping rates and stage, a gold medal emblem will go to the winner who tells the biggest lie per judges.
MENTIONED IN THIS ARTICLE
Burlington
Wis
United States
Pallee
Frank Beller
Wisconsin
Chief Beller
Beller
New Year Early Arrivals At White House Eat Eggs And Bacon
Four young men waited in line at the White House for a New Year breakfast with President Hoover and Mrs Hoover. The 1931 event drew four in the early hours, with over 4,000 total visitors, including many officials. The four were government clerks Willan L Wilson Otto Carter Martin J Breavold and H Walter Barrows. Honefald claimed first in line in 1926 28 30 and 31 but declined breakfast to keep his lead.
MENTIONED IN THIS ARTICLE
Washington
White House
Hoover
J. W. Honefald
Honefald
Hunefeld
Willan L. Wilron
Otto Carter
Martin J. Breavold
EH. Walter Barrows
Officials Hold Fort Against Cleveland City Officials Hold Fort Against Cleveland City
A small armed guard led by Marshall Glaysburner held the Istes Heights town hall through two nights defending the annexation of the suburb to Cleveland. Mayor-elect Alred Bradley faced a court order attempt to delay the transfer, while the besieged group expected no storming.
MENTIONED IN THIS ARTICLE
Cleveland
Bradley
Httle
Hali
Sailors Rescue Forty-Five Japs From Sinking Verrol
San Francisco January 2. Forty five Japanese sailors were rescued from the distressed freighter Tamaho Maru south of the Pribitori Islands by the steamer Reigo Maru. The Tamaho Maru, holed by a storm, was abandoned after SOS calls. The Reigo Maru and two other vessels aided the rescue as the ship awaited sinking. In Columbus the same day guardians for four Ohio State University students were terminated by Probate Judge McLelland amid alleged avoidance of a $60 nonresident fee.
MENTIONED IN THIS ARTICLE
Verrol
Prolific
San Francisco
U.R
Columbus
Ohio State University
C. P. McLelland
New Probate Code Is Now Law in Ohio
Ohio enacts a new probate code intended to overhaul wills and estate procedure. The measure, described as a sweeping reform, aims to modernize how wills are drafted, contested, and administered across the state.
MENTIONED IN THIS ARTICLE
Ohio
Old Opera House Market Compete By Covent Garden Fruit
London reports Covent Garden in the Floral Hall becomes London s largest fruit and vegetable market under the opera house eaves. Auctioneers hawk goods from Canary Island tomatoes to Valencia oranges as porters and buyers squeeze through aisles behind the famed opera house.
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London
Covent Garden
Floral Hall
Marian Bush Snyder
Great
Tendon
California
Naval
Japan
England
Canada
Valencia
Cartagena
Sicily
Bulletin Board
Italy
Drouth
Palestine
JS. B. Heary
Para Brazil
Germany
Almeria
Porto Rico
Met
Teamsterk
Covent Garden Opera House
Democrat Gets Cabinet Post in Ohio Public Works
In Columbus on January 2, senior George White announced T Brindle of Ashland as state director of public works. Brindle, an engineer with State Highway Division No 3 since 1914, will earn 6500 annually and succeeds Albert T Connor, last Republican in Governor White's cabinet, whose term ends this year.
MENTIONED IN THIS ARTICLE
Columbus
Jan
U. P38
Jenior
George White
T. Brindle
Ashland
Lividiun No
Highway Department
Goveror Cox
Aghianad
Donahey Mada
Brindle
Divialon Yo
Public Works Department
Bank Robbery at Waterville Savings Bank
Bandits obtained about 4000 dollars from Waterville Savings Bank Company in Toledo. A posse pursued a car after witnesses saw it head east. Assistant cashier Richard Reddish, two well dressed men, and customers were forced into the vault during the heist.
MENTIONED IN THIS ARTICLE
Toledo
Waterville Savings Bank Company
wit + neies
Richard Reddish
Reddish
Mma Mena Grosel
Mies Leah Snyder
Fred Sweeney
Beng
Radio stations change hands in Cincinnati area
Two Cincinnati area radio stations have new owners. The H end C Pogue Company acquired controlling interest in WERC formerly run by Gruen Watchmakers Guild. Station WCKY Covington Ky now owned by Mabtey and Carew Co replacing L B Whison interests. Authorities investigate Sam Hochester death after body found in a shed following a New Year celebration.
MENTIONED IN THIS ARTICLE
Cincinnati
UP1
H.end C. Pogue Company
WERC
Gruen Watchmakers Guild
WCKY
Covington
Mabtey and Carew Co
L. B. Whison
Oak Hanbur
Sam Hochester
Rochestera
New Ohio probate code urged thorough will review
Ohio adopts the new probate code as the Eighty Ninth General Assembly’s key measure. It grants probate judges wider will construction power, limited equity rights, and declaratory judgments, with shifts in inheritance rules and court jurisdiction affecting minors estates and widow shares.
MENTIONED IN THIS ARTICLE
Henry T. Gorrell
United Press
Columbus
State Bar Association
Ohio
Probsta Court
Aame
Cdse
Banka
Texas jail escape sparks massive manhunt in Tyler
Tyler Texas January reports an alarming jail break as 15 prisoners escaped under cover of night. Officers launched a statewide search for the escapees, aiding the manhunt with armed patrols and rapid mobilization. The incident disrupted local precincts and prompted immediate investigations into jail security.
MENTIONED IN THIS ARTICLE
Meath
Tyler
Tex
Priconera
Bagh
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