Market outlook stays buoyant amid slow but steady revival
New York Nov 22—Markets remain unusually active and buoyant as the weekly business and financial outlook shows resilience. Observers cite favorable economic fundamentals, including farm recoveries, abroad reparations progress, strong domestic industry, and ample cheap money. Steel demand improves with capacity use above 66 percent and firmer prices. cotton prices hold firm amid a near 18 million bale crop estimate from the Agriculture Department, suggesting Textile revival will continue. Foreign exchange steadies on larger balances and Dawes Plan optimism.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Uch
Department of Agriculture
Posal
Hurorcais
High Rents Maintain Living Costs Despite Declines
A chart based on National Industrial Conference Board figures shows rents up 10 percent in the past year due to a building boom, keeping overall living costs near September 1938 levels. Food remains the largest expense, down 2 percent, clothing down 1 percent, and fuel down 10 percent, with wages rising enough to prevent broad discontent.
MENTIONED IN THIS ARTICLE
Sinceresta
National Industrial Conference Board
Political Policy of A F L to Be Decided Early
At L Pas o Texas November 23 Associated Press the American Federation of Labor faces a heavy agenda at its annual convention opening the second week. The resolutions report will be presented after morning formalities, with about 60 resolutions to handle. The executive council’s activity report will follow, outlining officers' actions since the last gathering. Debates on political programs may arise but are viewed as preempted by new activities opened to affiliated groups in council recommendations.
MENTIONED IN THIS ARTICLE
Paso
Tex
Associated Press
American Federation of Lover
Resolutions Committee
Sesson
Executive Council
Federation
Tyre
Roosevelt bust to be unveiled in Cuban memorial
The Rough Riders Association the Rotary Club of Santiago and the Roosevelt Memorial Association will unveil a bust memorial in Santiago Cuba on December 14 honoring Theodore Roosevelt former first US Volunteer Cavalry colonel and later president. The piece by James Earle Fraser stands on granite with Spanish inscriptions and will be placed at the Avenida Roosevelt and Avenida De La Republica junction.
MENTIONED IN THIS ARTICLE
New York
Rough Riders’ Association
Rotary Club of
Santiago
Roosevelt Memorial Association
Cuba
To & Golonel
First
United States Volunteer Cavalry
James Earle Fraser
Henry Bacon
Roosevelt
Avenida Roosevelt
Avenida de la Republica
Ban Juan Nil
Midnight Gol Mystery Shocks Los Angeles Press
In a night scene described by Albany Press, a mysterious game called Midnight Gol uses electric light and phosphorescent balls. The piece notes a rain storm affecting Alice’s beauty fade and hints at glamorous, surreal competition in Los Angeles.
MENTIONED IN THIS ARTICLE
Alice
Albany Press
Manufacturers Meet in Hartford Exchange Ideas
A large delegation from the Bridgeport Manufacturers' Association will attend the Connecticut Manufacturers' Association annual meeting in Hartford on November 25. The program includes group conferences, committee reports, and a officers’ lineup with Kim? Kent of Bankers Trust New York addressing the luncheon on financial conditions locally and abroad.
MENTIONED IN THIS ARTICLE
Bridgeport Manufacturers’ Assolation
Sunnual
Manufacturers’ Association of ‘Connecticut
Hartford
Fred J. Kent
Bankers Trust Company
New York
Bond
W. H. Chandler
National Industtrial ‘Trafic League
Transportation “Bureau of the Merchants , Association of Newark
Howell Cheney
South Manchester
Connecticut
Fred Taivehud
Yale University
Association
Woman Partner of Bean King Held on Forgery Charge
Rochester woman Grace Gerica of Rochester arrested in Huntington Indiana on forgery charge for alleged part in bean king transactions. She managed the Lone Star Inn near Albion and Brayton Bean Company. Detected after Sands’s Albion bean failure, detectives head to Albion. Sands still missing as more than a million dollars was lost.
MENTIONED IN THIS ARTICLE
Rochester
Lewis EB. Sands
Albion
Bean King
Huington
Ind
Gerks
Lone Star Inn
Sands
Brayton “Bean Company
German Leaders Outline Causes of Economic Crisis
Berlin reports the Association of German Industries and the German Employers' Federation blame postwar hardship on the war losses of 3.5 million men, a 15 percent drop in key crop outputs, a 10 percent fall in national income and capital, and growing indebtedness from abroad. They cite reparations costs, heavy taxation, and high freight rates as worsening the home press and export prospects.
MENTIONED IN THIS ARTICLE
Berlin
Association of German Industries
German Employers’ Federation
Last Qreek
Germany
Skipper Loses Plea To Retain License
Captain Alfred W. Call former master of the Steamship Boston lost his appeal against the revocation of his license after a collision off Point Judith on July 21 with the tanker Swift Arrow causing four deaths. Captain Oscar G. Haines, supervising inspector, supported the government in Providence ruling Call was to blame.
MENTIONED IN THIS ARTICLE
Boston
Alfred W. Call
Point “Judith
Swift Arrow
Ilegnse
Oscar “G. Haines
Providence
Gall
London Market Readjusts Itself After Election
London stocks firmed in a quiet week after the election with gilt edges firm and re sents scrips in demand. British rails faced labor fears but closed firmer. Argentine rails weaker on drought. Brazil and Peru mixed. Industrials subdued with textiles soft but supported. oil policy unsettled. De Beers active. Paris pressured most international securities.
MENTIONED IN THIS ARTICLE
London
Modertone
Giltedges
Perus
Sao Paulos
Banka
Yous
Paris
Wholesale trade in New England improves modestly
A Federal Reserve report from Boston shows wholesale trade conditions in New England are relatively better than retail. Shoes show a distinct upturn while wholesale jewelry and silver sales spike, with October marking the strongest year-over-year increase since February.
MENTIONED IN THIS ARTICLE
Boston
New England
Federal Reserve Bank
Mum's the Word in Browning Rowing Clash
A fragment shows a woman warning someone that she will tell her father after a kiss. A male figure objects briefly as another person approaches, with an exclamation about a Brown Jug. The scene suggests a domestic or social confrontation captured in a terse dialogue snippet.
A Dangerous Alien Is One Who Thinks Our Government Rotten
A fragment from the Washington Star quotes lines about friendship and money, and includes a remark that a dangerous alien thinks our government is rotten as politics. The text mixes aphorisms with incomplete dialogue and may reflect editorial commentary from a bygone era.
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