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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jan 24, 1934
Page
14
New York report shows the commodity price index averaging near 100 for 1934 after a low of 67.86 on January 20 and a high of 113.52 on July 18, with sharp gains after March 6 bank reopening and a July 19 break followed by volatility into year end.
New York reports sweeping 1993 reforms in securities selling and distribution. The overhaul blends voluntary and legislative tools to modernize Wall Street practices and add investor protections across major financial centers.
Best estimates say Gen Johnsons Blue Eagle has removed about 40 000 American children from industry and sent them back to classrooms and play areas. The United States Children’s Bureau notes that each new signature ends child labor in the affected industry. Parents lose jobs while their children gain schooling and safe activities.
The Flint City Commission ruled against appeals from property owners seeking settlements after floodwaters damaged basements described as being caused by an act of God. The decision upheld prior denials of compensation for water intrusion into basements.
The NRA era boosted collective bargaining as 3,314 firms employing 2,586,740 workers were surveyed. Employee representation plans rose 180 percent while trade union agreements increased 75 percent. Individual company negotiations numbered 2,284, with 653 using representation and 416 having union accords.
A Toronto based survey reports 1933 changes in Canada’s economy. Purchasing power fell 33 percent while industrial production rose 1 percent and employment climbed 8 percent. Mining output up 5 percent with nickel nearly tripling. manufacturing gains include autos up 16 percent and electric output up 9 percent.
Louisville industrialists foresee rapid expansion as Eighteenth Amendment repeal nears. Distillers plan new plants and upgrades to meet expected 194 million gallon pre prohibition style demand. Projections include aging stocks, increased grain and labor needs, and expanded distribution while maintaining high quality American whiskeys.
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