Bank plot fears prompt Midwest probes and farmer anger
The piece reports a Chicago case of alleged bank misinformation tied to a radical plot to destabilize finance. Officials seek tips on false statements about banks, while Ida Watkins of Sublette Kan calls for sweeping reform of the Farm Board. Grain concerns and criticism of Congress and the grain industry are discussed, with farmers warned to expect policy shifts and price pressures.
MENTIONED IN THIS ARTICLE
Federal Farm Board
Ida Watkins
Sublette
Farm Board
Washington
Chicago Board of Trade
Day of Year Stock Prices Climb
New York report notes stock prices rise on Thursday with higher trading volumes. Traders, described in lively terms, suggest a boom market or a strong but uncertain recovery as mood improves on Wall Street.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Stock Exchange
Market gains list largest issues on New York exchange
The report shows Thursday gains in dollars and cents for major stocks. American Telephone and General Motors lead with notable increases, while Union Pacific, Chase, and chemical firms register gains. Totals include substantial sums across several blue chips in Chicago and New York markets.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
Val
American Telephone
General Motors
N. J
Union Pacific
Chemical
Tehisa
Chicago
Record Day Sparks Historic Trading Surge in 1932
Traders packed the floor as over 2,000 people moved amid 2.7 million shares changing hands the biggest day of 1932. Prices rallied with major gains across A T and T Union Pacific U S Steel Allied Chemical American Can and more. Tickers lagged two minutes behind as orders poured in from across the nation.
MENTIONED IN THIS ARTICLE
A. T
S. F
Allied Chemical
Union Pacific
U. S. Steel
American Can
Electrolux
Middle-West
Grain price rise nets farmers millions on Chicago market
A three day advance in grain prices lifted American farmers by about 42 million dollars, with hog and cattle prices adding roughly 50 million more. Speculators flooded the Chicago board of trade, pushing prices up five percent as traders ignored other news.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
New Head of Finance Corp Arrives With 98 Cents
Atlee Pomerene, named Democratic chairman of the Reconstruction Finance Corp board, arrived in Washington with 98 cents in his pocket after a conference with President Hoover. He said he had traveled and been oriented about a dozen times to learn lending duties for the $3.8 billion capitalization plan.
MENTIONED IN THIS ARTICLE
Washington
Reconstruction Finance Corporation
Atlee Pomerence
New Democratic
Hoover
Pomerene
Orien
Nab two men in alleged Walker bank fraud
Cedar Rapids news reports Joseph Cosgrove 28 of Walker and E G Fisher were arrested after subpoenas in a Walker branch embezzlement case totaling about 4100 00. Cosgrove alleged to be connected to sister Stella Kayser assistant cashier in charge. bonds set at 10000 each. Kayser confessed to handling and cashing checks. Fisher obtained 6500 beyond deposits. Kayser’s bond 20000. Both jailed awaiting further proceedings.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Joseph Cosgrove
Walker
Stella Kayser
Center Point-Walker Trust Company
Larry Condon
Linn County Court House
Cosgrove
Fisher
Condon
H. C
Bolivia and Paraguay Mobilize as War Fears Rise
Boliva and Paraguay prepare for conflict over the Chaco region with 14 000 Bolivian troops at Villamonte and Paraguayan reserves and conscripts called up amid escalating tensions reported by Buenos Aires dispatches.
MENTIONED IN THIS ARTICLE
Buenos Aires
INS
Bolivia
Paraguay
Chaco
Villamonte
Walker Denies Charges in Hofstadter Inquiry
New York Mayor James J. Walker issued a blanket denial of all corruption charges filed by Judge Samuel Seabury the Hofstadter committee's chief counsel. Seabury listed fifteen charges alleges unfitness for office after reviewing Walker testimony. Walker’s fifty eight page reply, delivered to Roosevelt, says the probe was political and driven by malice and slander aimed at him.
MENTIONED IN THIS ARTICLE
Albany
N,y
James J. Walker
New York City
Samuel Seabury
Hofstadter Legislative Investigating Committee
Seabury
Walker
Hofstadter’ Committee
Roosevelt
Alfalfa Bill Murray Claimed Oklahoma Victory in Runoff Wins
Oklahoma City AP reports Gov. W H Murray praised his endorsed candidates as the Democrats sweep the state ticket in runoffs. Murray says he will campaign in every county, aiming to retain control of the legislature. Walton also wins renomination to the state corporation commission after a comeback bid.
MENTIONED IN THIS ARTICLE
Oklahoma City
W. H
Murray
Oklahoma
House of Representative
J. C
Jack) Walton
A. S. J. Shaw
State Corporation Commission
Ruth Leads Yankees Past Indians in 10 1 Victory
Babe Ruth returned to the lineup on Thursday and propelled the New York Yankees to a 10 to 1 win over Cleveland. He drove in seven runs and blasted two home runs. Full results of this tilt and other major league games appear in the sport section.
MENTIONED IN THIS ARTICLE
Babe Ruth
New York Yankees
Cleveland
Mellon Denies Resignation Rumor After Talks With President
Andrew W. Mellon says he forgot rumors of his resignation after meeting the President. Reports claimed he would quit as ambassador to England, but Mellon dismisses the idea and laughs off the speculation.
MENTIONED IN THIS ARTICLE
Washington
Andrew W. Mellon
England
Mellon
Bedford area farmer found shot near Hopkins Missouri
Ed Elifritz 53, a Bedford area farmer, was found dead from a head wound two and a half miles southeast of Hopkins after attending a movie with his son and daughter-in-law. He had earlier sued neighbor William Alexander for alienating his wife's affections. He had been living with his son nine miles south of Bedford.
MENTIONED IN THIS ARTICLE
Hopkins
Elifritz
Bedford
Bayer
Woodrow
William Alexander
Alexander
Rebels Defeated by Federal Forces in Parahuba Valley
Rio de Janeiro AP reports government offensive in Sao Paulo rebels buried in Parahuba river valley succeeded. Federal forces captured 149 prisoners and seized war equipment while denying reports of hospital bombing. General Waldomiro Lima led a 3000 strong force moving north 125 miles above Starrare and defeated a rebel battalion of 353.
MENTIONED IN THIS ARTICLE
Sao Paulo
Rio DE Janeiro
Sido Paulo
Parahuba
Waldomiro Lima
Starrare
Plans Bill To Delay Farm Foreclosures In Iowa
A plan by A L Rule former state senator and GOP candidate aims to delay farm foreclosures in Iowa until July 1935. The bill would name a receiver and lease farms, require tax and loan payments first, and void second mortgages unless claims are redeemed within a set time. Governor Turner former Governor Hammill and Senator Dickenson have discussed the measure with Iowa Farm Bureau leaders. Charles Hearst backs it as beneficial to farmers and mortgage holders.
MENTIONED IN THIS ARTICLE
Mabon“City
Iowa
A. L. Rule
Dan’ Turner
John Hammill
L. J. Dickinson
Charles ¥. Hearst
Iowa Farm Bureau ‘Federation
Youngstown Sheet and Tube to resume mill Friday
Youngstown Ohio officials report the company will restart one seamless tube mill Friday after idling since June 11. The length of the operating period remains uncertain.
MENTIONED IN THIS ARTICLE
Youngstown, C
Youngstown Sheet and Tube Company
Swift action promised against Linn banks gossipers
County attorney’s office pledges swift action against rumors and malicious talk about Linn county banks. Robert W. Greene says false statements by threshing crew workers and others will be investigated and prosecuted, citing prior crackdowns last winter that stopped similar gossip.
MENTIONED IN THIS ARTICLE
Michigan
Linn Banks
Cedar Rapids
Linn County
Robert W. Greene
Linn County Financial Institute
Michigan Banka
Towa
Ank
Hoover Names Utica Man to Finance Corp Director
President Hoover named Charles A. Miller of Utica New York as the seventh director of the Reconstruction Finance Corporation and expected to elect him president of the corporation. Miller is president of the Savings Bank of Utica and has chaired the regional committee of the RFC in the New York district.
MENTIONED IN THIS ARTICLE
Hoover
UTICA
Finance Corp
Washington
Charles A. Miller
Reconstruction Corporation
Miller
Tthe
Charles G. Dawes
Bavings Bank
the - Finance Corporation
New York
White House
Charles’ A. Miller
N. Y
Reconstruction‘ Corporation
the Corporation
Fiancee of Knife Slayer Jailed as Material Witness
Claire Burnette testified that George Templeton Jr. sought her alibi after fatally stabbing his aunt Mrs. Lillian Babcock and wounding his uncle William Rider Babcock in Manila. The former UC student and Vassar graduate was arrested in Oakland as a material witness and brought to the city.
MENTIONED IN THIS ARTICLE
Lillian Babcock
Manila Society
William
Rider
Babcock
University’ of California
Oakland
Calif
Ias
Vassar’ College
New York
Daylight Robbery: Two Thugs Knock Pedestrian in Cedar Rapids
In broad daylight around 3 30 p m Wednesday two men stopped Joseph Dvorak at 1720 Third Street SE near Tenth Street and Sixteenth Avenue BE, slugging him with a revolver and taking $5. Dvorak suffered head and jaw injuries but declined hospital care. Police identified the assailants but have not located them as they fled west toward the Rock Island tracks.
MENTIONED IN THIS ARTICLE
Joseph
Dvorak
Third Street
Tenth’ Street
Sixteenth Avenue
Rock Island
Judge Sees Need for Young Politicians in Nation
Philadelphia UP reports Judge William M. Lewis of the municipal court urges more politically minded youth. He says most young people lack knowledge of government and interest in learning, while colleges produce graduates ignorant of the republic beyond presidents. He cites Oxford Cambridge students as more informed than many American students.
MENTIONED IN THIS ARTICLE
Philadelphia
William M. Lewis
Municipal Court
Republic
Oxford
Cambridge
Cedar Rapids Auto Toll This Year
Cedar Rapids reports a summary of traffic tolls including accidents injuries and fatalities for the year. Details are sparse with unclear figures and fragmented lines. Further official figures are needed to confirm totals for accidents injuries and deaths.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Will Rogers on National Editorial Association members
Beverly Hills editorial note reflects on National Editorial Association editors from small towns and weeklies touring the country for pleasure and exchange. It lauds their representative American character, community service, and unmatched influence beyond metropolitan dailies. Will Rogers signs off with a barbed observation on informed readers.
MENTIONED IN THIS ARTICLE
Editer Ganette
Beverly “Hills
Calif
National
Representaes Atk
Will
Nationwide Bank Plot Sought By Communist Group
Chicago AP reports that communistic propaganda writers in Pontiac Michigan sought by secret service and detectives formed a nation wide campaign aimed at undermining bank deposits. Officials blamed the group for attacks on financial institutions across major cities, with a case linked to a Pontiac man and a room full of seditious letters.
MENTIONED IN THIS ARTICLE
Chicago
Pontiac
Mich
Michigan
Communist Party
Montis
Ls Smith
Campaigh Speen Te Peene
George
Joop
Washington
White
House
Secret Service
Werg
Charles Grogan executed in electric chair at Huntsville
Charles Grogan, a Beaumont Negro, was put to death in the electric chair at Huntsville at 42:11 a.m. Thursday for criminally attacking a white girl. He denied the attack and declined to make a further statement.
MENTIONED IN THIS ARTICLE
Huntsville
Tex
Charles
Grogan
Beaumont
Negro
Bombings Rattle Atlantic City Business District
Scores of lives were endangered as a series of blasts battered Atlantic City New Jersey. The gymnasium of Vincent Martino was demolished three stores wrecked Lyric theater fired and 12 cars damaged. One man Harry Van Dexter 57 injured and hospitalized. Fire crews and police searched for victims. motive unclear.
MENTIONED IN THIS ARTICLE
Atlantic City
Vincent Martino
Iren
Lyric Theater
Harry van Dexter
Atlantic City Hospital
Motion Picture Executive Robbed of 6500 In Jewels
Hollywood detective report says motion picture executive John Considine Jr and his wife Carmen Pantages were robbed of 6500 in jewels. A grip with the valuables was taken from their car parked in front of a Hollywood cab.
MENTIONED IN THIS ARTICLE
Hollywood
John Considine, Jr
Carmen Pantages
Alexander Pantages
Washington Crushed Bonus Army With Troops
Washington tear gas and tanks rout the Bonus Army from its encampments near the Capitol. One dead and many wounded as police and troops move through shanties on Anacostia flats and along park paths. Officials say leaders were linked to communist groups.
MENTIONED IN THIS ARTICLE
Ces
Washington
United States
Ita
Anacostia Flats
Abington
Capitol
Joanne Lend Ie
Fanks
Amelia Earhart Completes Auto Trip for Medal
Amelia Earhart Putnam arrived in Los Angeles to accept the Distinguished Flying Cross from Vice President Charles Curtis after a motor car journey from New York. She had to abandon her plane near Taft California due to faulty gasoline pressure. The cross citation honors her solo Atlantic flight and recognition by Congress.
MENTIONED IN THIS ARTICLE
Los - Angeles
Amelia Earhart Putnam
Los Angeles
Charles Curtis
Aviatrix
Atlantic Ocean
Taft
Calli
Wikile
New Yorks
Pri
Typhoon Hits Philippines Sways From Luzon To Aparri
A two day typhoon swept the Philippine Islands from Luzon to Aparri and moved into the China Sea. It caused unestimated damage to crops highways and bridges with the Batanes islands reporting the heaviest losses. No loss of life was reported.
MENTIONED IN THIS ARTICLE
Manila
P. I
INS
Philippine Islands
Luzon
Aparri
China Sea
Batanes Islands
Also Mentioned on This Page
Tomment
Verne Marshall
Tine
Middle West
Farmers National Grain Corporation
Board of Trade
Grain Corporation
Mes
Stokerus
Congress
Fairfax
Sam
Chicago Journal of Commerce
Jimmy
Bill
Walton
Cincinnati
St. Louis
Brooklyn
Boston
Ashington
Cleveland“s
Pittsburgh
York
Detroit
Seeesee Olz Pol
Borton Weevese OO
Thugs Sieg
Judge
Will Rogers
Comsriahs
Atlantic
Motion ‘Picture
An .W. Waters
Rou
Expeditionary Army
Amelia
Philippines
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