Henry Clews Weekly Letter on Markets and Treasuries
Henry Clews analyzes global financial strain from Adriatic talks to bank credit tightening. He notes scarce money, steady exchange, and plans to move $250 million to the US for Anglo French bond needs. Supreme Court rulings support equity, while investment conditions show a cautious but improving market despite stiff money rates. The railroad bill boost is offset by cautious rails and steel outlook.
MENTIONED IN THIS ARTICLE
Sytem
Becum
European Credite
United States Supreme Court
United States Steel Corporation
State of
New York
Meriden Upset Over Teachers Salary Rise
Meriden Conn March 12 controversy over a 370000 salary increase for teachers escalated as semi monthly checks were mailed. Town treasurer Nagel moved to stop payment citing contracts and town counsel. Dr David Gibbs, superintendent, warned no strike but possible resignations after a retroactive 70000 increase from September.
MENTIONED IN THIS ARTICLE
Meriden
Conn
Sation
John G. Nagel
David Gibbs
City Savings Bank Introduces Early-Morning Schedule
To meet requests from factory workers the City Savings Bank will adopt a new Monday schedule, opening at 9 in the morning and closing at 6 in the evening starting the 61st of next week. Previously doors closed at 3 and reopened at 6, with two hours of operation. R W Cogswell notes demand for earlier hours. The piece also comments on politicians dodging questions on pending issues.
MENTIONED IN THIS ARTICLE
City Savings Bank
Bank 1
R. W. Cogswell Snds
Also Mentioned on This Page
Henry Clews
United States
Adriatic
Senate
Aten
Marke
Hadley’s
New
England
Bridgeport
Hadley
America
Ems
NEW Bank Scheduls