Bank flurry in Chicago prompts western inquiry
Far reaching talk of false bank reports surfaces in Michigan and Kansas area. Officials urge rapid information on anyone spreading bank rumors as a national crisis looms with farmers watching grain markets and policy in flux. Ida Watkins from Sublette Kan denounces the Farm Board while grain men criticize government interference and fear losses.
MENTIONED IN THIS ARTICLE
Federal Farm Board
Ida Watkins
Sublette
Farm Board
Farmer National Grain Corporation
Chicago Board of Trade
Board of Trade
Grain Corporation
Wall Street Stocks Jump In Broad Market Rally
Wall Street surged with a bullish run led by American Telephone Company Consolidated Gas Allied Chemical Du Pont and General Motors as the market climbed over points. Investors cited stronger dollar higher bond prices and rising commodities with bears reportedly forced to cover, boosting turnover to a daily record.
MENTIONED IN THIS ARTICLE
New York
INS
Wall Street
American Telephone
Consolidated Gas
Allied Chemical
Dupont
General Motors
Swift action promised on gossip against Linn banks
Linn county officials vow swift action against false rumors about local banks. County Attorney Robert W. Greene says the office will investigate and prosecute gossipers who spread malicious tales, citing past winter's drive to curb similar rumors and noting no banks failed amid the attacks.
MENTIONED IN THIS ARTICLE
Linn Banks
Michigan
Linn County
Cedar Rapids
Robert W. Greene
Linn
Walker Woman Arrested For Embezzlement
Stella Kayser 32, assistant cashier at Walker branch of Center Point Walker Trust Co, confessed taking more than 41000. She was charged as an officer of a bank and held on 20000 bond. Authorities traced scheme since 1928 as entries were manipulated to hide shortages. Her husband works as a local garage man.
MENTIONED IN THIS ARTICLE
Joseph Cosgrove
Stella Kayser
Linn County Court House
H. C. Ring
Cosgrove
R. W. Greene
Kayser
Linn
Greene
Trust Company
Walker
Center Point
Coggan
H. E. McDonald
McDonald
Police Open Fire as Hoover Calls Troops Riot Fallout
Hospital report on today's bonus army rioting shows one man dead and two with gunshot wounds. Fourteen others injured include eight policemen and several bonus army members with a few bystanders among them.
MENTIONED IN THIS ARTICLE
Hoover
Washington
Bonus Army
Farm Board Grain Corp Effort Falters Says Grain Man
A grain man criticizes the SAM S five hundred million dollar push via the farm board and the grain corporation as a costly failure. He says government competition has undermined farmers and implies the effort may be nearing its end.
MENTIONED IN THIS ARTICLE
Wthe Grain Corporation
Farm Board
Congress
Grain Corporation
Wage cuts eyed as city public costs shrink
The Chicago Journal of Commerce notes a potential five billion dollar rise in buying power from improved markets. A columnist argues wage cuts for city employees may be likely but insists reductions in public expenditures must be broader than salary cuts, highlighting fiscal restraint as essential.
MENTIONED IN THIS ARTICLE
Chicago Journal of Commerce
Youngstown Tube Mill To Resume On Small Orders
Youngstown Sheet and Tube said small orders will allow a postponable restart Friday of one seamless tube mill idle since June 11. The length of the operating period remains uncertain.
MENTIONED IN THIS ARTICLE
Youngstown, CO
Youngstown Sheet and Tube Company
Man Convicted For Attempted Furniture Sale in Miami
Irvin Jack Isner of New York was convicted on a grand theft charge in a Miami case involving selling furniture from the Blake home in Cedar Rapids. Posing as a Blake son, he appeared at a Miami furniture exchange claiming authorization to sell the goods. A driver spotted a lock on a side door as a van was loaded, leading to his arrest and a ninety day jail sentence.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Irvin Jack Isner
New York
Miami
Fla
James E. Blake
Asa
Isner
Blake
Tornado Kills Minnesota Farmer and Injures Wife
August Nikka, 75, milking a cow ten miles west of Cokato, was hurled 400 feet by a tornado and killed. His wife was fatally injured. she, and two others, Mrs. John Amundsen and her daughter Doris, were hospitalized with injuries. National Guardsmen patrolled the storm area as others sustained injuries. Ester Maikkula suffered serious injuries but was not hospitalized.
MENTIONED IN THIS ARTICLE
Cokato
Minn
Nikka
Here
National Guardsmen
John Amundsen
Doris
Ester Maikkula
Three Bandits Hold Up Cuba City Bank in Wisconsin
Three men robbed the Cuba City State Bank at Cuba City, southeast of Lancaster, at noon Thursday and fled with an undetermined sum. They wore overalls and were armed with a machine gun and two sawed off shotguns. A car with suspected Iowa plates 42962 was used. Sheriff Joe Greer of Grant county was notified.
MENTIONED IN THIS ARTICLE
Lancaster
Wis
Cuba City
Here
Joe Greer
Grant County
Iowa
Plans Bill To Delay Farm Foreclosures In Iowa
A. L. Rule proposes a 1935 delay on sheriff deeds and a receiver lease plan for farm foreclosures at the next Iowa legislature session. The measure would allocate crop and cash rents to taxes and interest first, reduce second mortgage recoveries, and requires mortgage holders to prove claims or be barred. Governor Turner and others discussed the plan with Farm Bureau leaders.
MENTIONED IN THIS ARTICLE
Mason City
Iowa
A. L. Rule
Dan Turner
John Hammill
L. J.dickinson
Charles E. Hearst
Iowa Farm Bureau Federation
Insurance Companies
Alfalfa Bill Wins Victory At Polls In Oklahoma
Gov. W H Murray praised his ticket after the run off primary victories. He stated Democrats will elect the entire slate and planned to campaign in every county. Murray's picks won 26 house seats and lost 21 with 13 races not featuring his endorsement. Former Gov Walton, after previous defeats, narrowly beat A S Shaw for nomination to the state corporation commission regulating oil production.
MENTIONED IN THIS ARTICLE
Oklahoma City
W.H
Murray
Oklahoma
House of Representative
J. C
Jack) Walton
A. S. J. Shaw
State Corporation Commission
Hoover calls extraordinary meeting of Reconstruction Finance board
President Hoover convoked an exceptional gathering of the Reconstruction Finance board in the White House cabinet room. Eugene Meyer and Paul Bestor attended alongside a majority of directors, and Atlee Pomerene was named the new chairman. No outcome details were released.
MENTIONED IN THIS ARTICLE
Washington
Hoover
Reconstruction Finance Corporation
White House
Eugene Meyer
Paul Bestor
Atlee Pomerene
City to Restrict Use by Trucks of Residential Streets
At the request of Louis Zika commissioner of public improvements the city council voted to instruct the city attorney to prepare an ordinance restricting the size and weight of trucks on select residential streets. Zika noted heavy traffic on light service streets causes damage to asphalt and paving from large vans and buses.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Louis Zika
Zika
Bolivia and Paraguay Mobilize Amid Chaco Dispute
Buenos Aires dispatch reports Bolivia and Paraguay massing troops over the Chaco region with Bolivia listing 14 000 troops based at Villamonte and both sides mobilizing extensively as war seemed imminent.
MENTIONED IN THIS ARTICLE
Buenos Aires
INS
Bolivia
Paraguay
Chaco
Villamonte
Man in Des Moines Fumes Drove To Cedar Rapids Then Collapsed
Joe Cryan, 36, of Des Moines, is in Mercy Hospital after inhaling fumes from his car while driving toward Cedar Rapids on highway 30. He steered to a stop in front of Unzichtl Motor, collapsed at 6:45 p.m., and was assisted by A S Larson who took him to the hospital. The physician cited heat aggravating his condition.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Joe Cryan
Des Moines
Mercy Hospital
Here
Cryan
Unzeitig Motor Company
Third Avenue SE
A. S. Larson
E Avenue NE
Stanwood
Amelia Earhart Reaches Los Angeles For Flying Cross
Amelia Earhart Putnam arrives in Los Angeles to receive the Distinguished Flying Cross and citation from Vice President Charles Curtis after a trans Atlantic solo flight. She was forced to land at Taft California due to gasoline pressure issues during her coast to coast trip.
MENTIONED IN THIS ARTICLE
Los Angeles
Amelia Earhart Putnam
Charles Curtis
Atlantic Ocean
Taft
Calif
New York
Weather Moderate After Early Rise
Early forenoon indications of warmer weather Thursday faded as the temperature rose to 78 at 9 a.m. then held near 84 from noon to 2:30 p.m. The minimum 71 overnight Friday into Saturday and 74 at midnight kept Wednesday night warm. Wednesday’s high was two degrees shy of 90 with the temperature easing to 80 by 7 p.m.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Mercury
Wanted 26 Toy Fox Terriers and 13 Ice Boxes
Two small Want Ads in The Gazette this week report 26 Toy Fox Terriers and 13 ice boxes sought. C L Ober sold a Toy Fox Terrier to the second of 27 parties responding, while E H Dirks advertised ice boxes with 14 responses. Readers in market are urged to place For Sale Want Ads calling 2-1121.
MENTIONED IN THIS ARTICLE
Gazette
C. L. Ober
10Th St
E. H. Dirks
2Nd St. NE
New Head of Finance Corp Arrives With 98 Cents
Atlee Pomerene newly named Democratic Chairman of the Reconstruction Finance Corp board arrived in Washington with 98 cents in his pocket after a meeting with President Hoover. He noted reporters questioned his lending experience, saying he was asked about the amount several times.
MENTIONED IN THIS ARTICLE
Finance Corp
Washington
Reconstruction Finance Corporation
Atlee Pomerene
New Democratic
Hoover
Pomerene
Daylight Robbers Slug Pedestrian For Five Dollar Theft
Joseph Dvorak of 1330 Third Street SE was assaulted by two men in broad daylight near Tenth Street and Sixteenth Avenue SE at about 5 30 p.m. Wednesday. They struck him with a revolver butt and escaped with $5. He suffered head and jaw injuries, treated at a friend's home, then police said the suspects have been identified but not located. The pair fled west toward the Rock Island tracks.
MENTIONED IN THIS ARTICLE
Joseph Dvorak
Third Street
Tenth Street
Sixteenth Avenue SE
Dvorak
Rock Island
Fiancee of Knife Slayer Jailed as Material Witness
Claire Burnette, described as Tempton’s fiancée, told investigators he asked her to help him dodge consequences of a knife attack that killed his aunt Lillian Babcock and wounded his uncle William Babcock. She said Tempton sought an alibi and claimed their secret engagement. Burnette was arrested in Oakland as a material witness.
MENTIONED IN THIS ARTICLE
San Jose
Calif
George Douglas Templeton, Jr
Claire Burnette
Templeton
Lillian Babcock
Manila Society
William Rider Babcock
Motion Picture Executive Robbed Of $6,500 Jewels
John Considine Jr and his wife Carmen Pantages reported to Hollywood detectives that jewelry valued at $6,500 was stolen from their car early Thursday as it parked near a Hollywood cafe. The couple noted the loss to police.
MENTIONED IN THIS ARTICLE
Hollywood
John Considine, Jrr
Carmen Pantages
Typhoon Closes In On The Philippines And China Sea
A two day typhoon swept from northern Luzon to Aparri and into the China sea disrupting inter island shipping with unestimated crop and highway damage. The Batanes islands suffered the heaviest losses but no deaths were reported.
MENTIONED IN THIS ARTICLE
Manila
P. I
INS
Philippine Islands
Luzon
Aparri
China Sea
Batanes Islands
Will Rogers on nation’s editors from Beverly Hills Gazette
Will Rogers praises the National Editorial association as a representative group of editors from small towns and weekly papers. He says they travel the country, enjoy varied experiences, and serve communities with indispensable local news. He asserts their power exceeds metropolitan dailies and urges readers to engage with country newspapers.
MENTIONED IN THIS ARTICLE
Beverly Hills
Calif
National Editorial Association
Nationwide Search In Bank Plot Blamed On Communists
Secret service and detectives hunt authors of communist propaganda found in a Pontiac hotel as Chicago bankers, officials, and Michigan police attribute a nation wide campaign aimed at shaking confidence in banks. The letters signed Yours for the revolution linked to Soviet Russia and a sedition law threat looms for radicals. Bank runs in June shuttered over forty institutions and forced cash hoarding of more than 100 million dollars.
MENTIONED IN THIS ARTICLE
Chicago
Pontiac
Mich
Secret Service
Michigan
Communist Party
C. L. Smith
Russia
William Z. Foster
First National Bank of
George Rowland
Illinois
Electric chair execution reported in Huntsville
Charlies Grogan of Beaumont was executed by electric chair at 12 11 a m in Huntsville Texas for a criminal confrontation with a white girl. He denied the incident and offered no further statement before seated in the chair.
MENTIONED IN THIS ARTICLE
Huntsville
Tex
Charlies Grogan
Beaumont
Bombings Rock Atlantic City Wreck Gym and Stores
In Atlantic City New Jersey a series of bomb blasts damaged the Vincent Martino gymnasium three stores and automobiles near the scene. One man Harry Van Dexter a 57 year old truck driver was injured and hospitalized. Fire crews combed the rubble as police sought motive.
MENTIONED IN THIS ARTICLE
Atlantic City
N. J
INS
Vincent Martino
Lyric Theater
Harry van Dexter
Atlantic City Hospital
Epee
Caternaritias
Riots at Capitol Leave One Dead and One Wounded
Unidentified veteran was killed and another seriously wounded as rioting erupted between bonus marchers and police near the Capitol. Troops from Fort Myer, ordered by President Hoover, rushed into Washington as police and cavalry clashed with marchers near the White House and Capitol.
MENTIONED IN THIS ARTICLE
Washington
Capitol
Hoover
Fort Myer
Virginia
City
White House
Scott
Third Cavalry
Washington Treasury Chief Talks With Glassford
Treasury chief Pelham D. Glassford met with officials in Washington to discuss fiscal policy following a conference with the Treasury department. Continued on page 16.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Pelham D. Glassford
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