Treasury official denies market link to $500 million relief plan
Washington reports indicate McAdoo stated last night that $500 million could be distributed nationwide to avert a panic. A source close to the secretary says the move responds to inquiries about emergency currency under the Aldrich Vreeland act. Bankers reportedly fear crops moving in fall and seek government relief.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
McAdoo
New York
Secretary of Treasury
Treasury
Department
Stock Market Recovers In Snappy New York Session
In a brisk New York market the stock list regained substance as steel leads gains aided by big buyers after bear declines. Canadian Pacific rebounded from yesterday losses and Treasury action offering 500 million emergency currency boosted confidence. Call money eased to 2 percent aiding new buyers entering the market.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Canadian Pacific
Secretary of the Treasury
A. K. Hawkes Co. Opticians Ad at Whitehall
The Modern Way promises a thorough scientific eye examination and proper lens fitting backed by 50 years of experience. May we serve you when you need glasses at 14 Whitehall.
MENTIONED IN THIS ARTICLE
A. K. Hawkes Co., Opticians
Whitehall
Quo Vadis Grand Next Week Seats On Sale Today
Tickets go on sale today for the Quo Vadis Grand next week with available seats limited. Fans are urged to purchase early as shows fill quickly and pricing remains unchanged.
MENTIONED IN THIS ARTICLE
Quo Vadis
Hale brothers shine in elimination shoot at Camp Evans
Private FE C Hale of Winder Ga led the National Guard marksmen in the elimination shoot at Camp Evans rifle range with 137. Warren Hale placed fifth with 130 and another Hale brother scored 135. The event narrows a team of five to travel to Camp Perry for the national meet as Adjutant General Van Holt Nash follows Wednesday's scores.
MENTIONED IN THIS ARTICLE
Nash
W. S. Hale
Dawson JL. Hale
Erwell C. Hale
Wilder, Ga
Georgia
P. Cronheim
Warren Hale
van Holt Nash
FE. C. Hale
Winder
National Guard
Camp Evans
Camp Perry
Hale
Hale Brothers
Warren Hale Weas
Union Pacific dissolves plan hearing ends without decision
In St Paul on June 12 the Union Pacific dissolution hearing before Circuit Judges Sanborn Hook and Smith adjourned without a decision. Negotiations were announced for exchanging 38 million dollars in Southern Pacific stock for 21 million in Baltimore and Ohio common stock and 21 million in Baltimore and Ohio preferred stock held by the Pennsylvania Railroad. Loomis for Union Pacific said B and O is connecting, not competing, and Union Pacific already owns some B and O stock. He asked for one year to sell Central Pacific stock to avoid a market slump. Judge Smith proposed a maximum stock price. Counsel objected.
MENTIONED IN THIS ARTICLE
Union Pacific
B. and O
Plan for sale of stocks likely incomplete says experts
New York analysts say a St Paul dispatch announcing a court submission for a stock sale plan probably omits details. The operation likely includes 21 million dollars par value of B and O preferred stock held by Pennsylvania, with B and common around 2 dollars and preferred at 75, totaling about 38 million dollars, plus Southern Pacific around 92.
MENTIONED IN THIS ARTICLE
New York
St. Paul
Pennsylvania
U S Soldiers storm Moro fortress on Mindanao
Six American soldiers died and twelve wounded as U S forces and native troops stormed Moro defenses near Bagsag on Jolo island. Casualties described as light given stiff Moro resistance. Lt. Rackley wounded as Gen. Pershing vows continued campaign to pacify Mindanao.
MENTIONED IN THIS ARTICLE
Manila
P. L
Bagsag
Company M
Eighth Infantry
Edwin H. Rackley
John J. Pershing
Department of Mindanao
Titanic Life Boat Found Near Titanic Wreck Site
In Baltimore on June 12 a North German Lloyd steamer lookout sighted a barnacle covered life boat on the exact spot where the Titanic foundered a little over a year ago. It is believed the boat belonged to the ill fated liner.
MENTIONED IN THIS ARTICLE
Baltimore
Lloydsteisenach
Fulton County White Teachers Exams Move to Boys High
By courtesy of Superintendent Willam F Slaton the Fulton County White Teachers examinations will be held Friday and Saturday at the Boys High School instead of the State Capitol due to repairs in the Hall of Representatives. E C Merry C B S S
MENTIONED IN THIS ARTICLE
Willam F. Slaton
Fulton County
Boys’ High School
State Capitol
Hall of Representatives
Also Mentioned on This Page
Rennes Wall Street
Emergency Currency Fund
Watson
THE
U. S
Bankrupt Court
Whitehall ST
IRA
Watson & CO
United States
Oxfords
Etcc
Rifle Range
E. C. Hale
E. C
C. C. Smith
W. T. Spratt
C. C
D. R. Wynne
D. L. Hale
Warren
Lord’s
Atlanta
Southern Pacific
Baltimore & Ohio
Historic College
Wesleyan
Macon, Georgia
Dept
M. Co. R. Jenkins
Macon
U.S
Titanic
E. C. Merry
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