New York Grapes for Wine Dominate Grape Trade
New York received about 1.5 million grape carloads daily as California wine grapes flood the metropolis. Auctions at Kearny and Jersey City processed 651 carloads last Monday, with 474 cars at Kearny alone. Each car held about 1,100 boxes of 25 pounds, yielding two gallons per box, worth $1 to $2, fueling a $3 million wine projection. Local buyers, auctioneers, and sellers observed a lively market, praising the high prices and the cultural note of wine as a staple for many New Yorkers.
MENTIONED IN THIS ARTICLE
California
Pennsylvania Railroad
Kearny
N. J
New York
Deasers
Erie
Jersey City
Lodi
Tulare
Modesto
Ruscont
Alde
Max Hoener
Fi’ty
Insurance to Protect Installment Contracts
New York Oct 12 A system using life insurance as a safeguard for installment sales has been applied in Great Britain. The Bankers Trust Company of New York notes the seller retains an interest in goods until fully paid. If goods burn or are damaged, both seller and buyer are insured. To allay fears a buyer may die before payment, firms insure the lives of all installment purchasers and assign policies to customers.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Great Britain
Bankers Trust Company of
England
Yale Corporation Member Withdraws Re election Bid
Otto T. Bannard Yale 76 of New York withdraws from Yale corporation race for 1926. Bannard, a long-time leader in finance and civic service, has chaired Yale Endowment Fund committees and held key posts at New York Trust and Liberty National bank. He declined further Yale corporation candidacy after a storied career spanning law, banking, philanthropy, and public service.
MENTIONED IN THIS ARTICLE
New Haven
Otto T. Bannard
Yale
New York City
Yale Corporation
Bannard
Arthur Twining
Hadley
Columbia
Giamni
Prudential
Corporation
Yale Endowment Fund
Board of Education
Colgate University
New York
Barnard
Dolphin Jute Mill
Paterson
N. d
Continental Trust Company
New York Security and Trust Company
New York Trust Company
Liberty National Bank
Organization Society of New York
Penny Provident Fund
Bannerd
Ocean City Fire Ravages Boardwalk Hotels and 500-Room Normandie
Ocean City New Jersey faces major losses as a boardwalk fire starts near Ninth Street and spreads to the Hippo drome and Strand theatres. The Normandie hotel with about 500 rooms and the Traymore with 62 rooms are destroyed along with several dwellings and small stores. Estimated total losses approach two million dollars.
MENTIONED IN THIS ARTICLE
Ocean City
N. J
Associated Pross
Ninth Street
New Jersey
Traymore
Normandis
W. PB. Haynes
Also Mentioned on This Page
Beacon. Oil Company, Inc
Everett, Mass
Dan Wiitteman
New York Telegram
Coolidge
Blaze
Nestlé’s
Nestle’s
Uncle Sam
United States
Borden’s
Borden
Farm Products Company
Broad Street
Bridgeport
Barnum
Borden’s Certified
Walker Gordon
Borom
Westchester County
Long Island
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