Margin liberalization sparks renewed stock market speculation
The federal reserve board cut brokers loan margins from 55 to 40 percent in a move officially aimed at liberalizing credit amid a slump. Investors may borrow up to 60 percent of purchase prices, reviving speculation and testing what remains of the investors market while small speculators face renewed pressure.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Wit Sivcm Thalkol
Wall Street
Federal Reserve
SEC
Treasury officials inch toward corn loan plan within budget
Treasury and RFC Chairman Jesse Jones met with Acting Budget Director Daniel Bell and Wayne Taylor to craft a tentative corn loan program that would stay within the 1938 budget. Officials indicated a plan to seek Roosevelt’s approval Friday, amid midwest pressure for corn loans and a separate cotton loan provision.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Reconstruction Finance Corporation
Jesse Jones
Jones
Daniel W. Bell
Secretary of Treasury
Wayne C. Taylor
Henry Morgenthau, Jr
Roosevelt
Midwest
Credity- Corporation
RFC
Roosevelt, . Inc
Two Cedar Rapids Residents Die in Headon Crash South of Vinton
Six people die and three are injured in a head on collision on highway 218 five miles south of Vinton at 5 30 pm on Thursday. The dead include Mrs Raymond Brown 28 of Cedar Rapids Marie Bes Bere her 3 year old daughter and 5randy Cente arry of Com of tre Brown and Mrs Shaw who died later at Vinton hospital Abe Roach of Vinton listed as serious Art Robins and his 35 year old son of Grandy Center were also injured. The Newton car carried most victims while John Roach drove south. The sixth victim Mrs Newton died within three hours. The toll for 1937 rises to 439 in Iowa.
MENTIONED IN THIS ARTICLE
Vinton
Here
Vinton City Hospital
Raymond Brown
Cedar Rapids
Marie Bes
Bere
Shaw
T Hospital
Abe Roach
John
John Roach
Bachelor Brothers
Newton
Cotton Opponents Urge Freedom From Control
Rep Ford of Mississippi, head of the house cotton bloc, joined southern colleagues to oppose compulsory regulation of cotton. He urged a hearing before the agriculture committee to drop plans to place cotton under the administration program. He argued cotton is export dependent and needs separate legislation, noting Bankhead act limits. The administration seeks crop control for several staples.
MENTIONED IN THIS ARTICLE
Washington
INS
Rep. Ford
Mississippi
House Cotton Bloc
Ford
House Agriculture Committee
Congress
South
Creston Judge Reprimanded Jury Lets Drunk Driver Off
District Judge Homer A. Fuller and the case of Fred F. Smith of Afton show a lenient approach after criticizing juries. Smith pleaded guilty to driving while intoxicated and received 90 days in jail and a $300 fine, but the judge suspended the jail term and reduced the fine by $200.
MENTIONED IN THIS ARTICLE
Creston (Lp
Homer A. Fuller
Fred F. Smith
Afton
Select Site For Natl Husking Meet
DES MOINES UP Selection of the Werber Brothers farm ten miles north of Marshall Mo on state highway 4 as the site of the national cornhusking tournament Nov 4 was announced by A T Thompson associate editor of Wallace's Farmer one of the sponsors of the event.
MENTIONED IN THIS ARTICLE
Des Moines
Werber Brothers
Marshall
A. T. Thompson
Wallace's Farmer
Miscellaneous Editorial Note on War Trade Demand
An editorial fragment discusses current reluctance to spark new conflict for lost trade. It notes that the public and possibly Britain do not want to spill blood to regain business, reflecting wartime economic restraint and skepticism about renewed hostilities.
MENTIONED IN THIS ARTICLE
Britain
Teddy Roosevelt a hero in life and legend
The piece celebrates Theodore Roosevelt as a bright, versatile leader admired as Washington’s father figure and Lincoln’s savior. It recalls his vitality, moral passion, public roles as politician and reformer, his affection in homes and nurseries, his love of life, and his lasting legacy as a symbol of courage and goodwill.
MENTIONED IN THIS ARTICLE
Washington
Lincoln
Theodore Roosevelt
John Morley
Mark Twain
Teddy Bear
Earl Grey
Teddy” Roosevelt
New Market Rule Triggers Quick Stock Market Swings
Washington shifts margin rules boosting buying power for traders using borrowed money. Initial gains on opening swaps faded as credit restrictions tightened, then a late buying surge kept many stocks near early highs. Analysts see long term effects as psychological while noting fundamentals still drive prices.
MENTIONED IN THIS ARTICLE
New York
Washington
Federal Reserve Board
Wall Street
Vast plan to raise army by emergency enlistment
War department officials map a nationwide program to field a vast army through emergency enlistments to bypass delay of draft legislation. The plan, designed for immediate deployment, anticipates preselected recruiting sites and trained staff ready to mobilize as needed.
MENTIONED IN THIS ARTICLE
Washington
INS
War Department
Congress
Army
Basque Revolt Report Prompts 48-Hour Arms Surrender
Spanish insurgent authorities report uncovering a Basque uprising plot and order Viscaya residents to surrender all arms within 48 hours or face death. Basque delegation in Bayonne defies the order while Basques vow resistance and claim aim to spread from Bilbao through Biscay.
MENTIONED IN THIS ARTICLE
Hendaye
Viscaya
Bayonne
France
Bilbao
Biscay
Gaughen Ordered Returned To Iowa
Judge Jesse C. Adkins ordered Martin J. Gaughen a former Edgewood Savings Bank cashier to be returned to Iowa. He is indicted for embezzling 39610 from the bank and was arrested in Washington. He did not post 5000 bond and faces transfer to Sioux City for the federal indictment.
MENTIONED IN THIS ARTICLE
Washington
Jesse C. Adkins
Martin J. Gaughen
Edgewood
Savings Bank
Iowa
Gaughen
Federal Bureau of Investigation
Sioux City
Japan's Peace Terms in China Reported by Japanese Source
Paris dispatch says a high Japanese source outlined minimum terms for peace talks in China. Conditions include temporary Japanese occupation of five northern provinces and a Shanghai neutral zone patrolled by an international force to keep Chinese troops out. Japan aims to block Russian troop movements via Mongolia.
MENTIONED IN THIS ARTICLE
Paris
Associated Press
Japan
China
United States
Brussels
Shanghai
Russia
Mongolia
McGregor corn husking champ nets 1638 pounds
Conrad Lovig of McGregor wins Clayton County cornhusking title for the second time with a record net 1638 pounds at Art Moellering farm near Garnaville in the county contest. Clarence Anderson places second and Franklin Sanger third as crowds estimate 75 bushels per acre and tractors dominate. George Westby wins Winneshiek contest with 1681 net pounds. Mrs. Francis Gossman takes women’s title with 400 pounds in 30 minutes.
MENTIONED IN THIS ARTICLE
Chris Greim
Marion
Chris
R. P
Mount Vernon
Linn County
Greim
Eldred Stallman
Fairfax
Stallman
Vaundon Williams
Cedar Rapids
Iowa
Decorah
George Westby
Glenwood Township
Roy Fleming
Ridgeway
Westby
Fleming
Francis Gossman
Burroak
Joseph Sinclair
Calmar
World Record Husker Wins Audubon County Contest
Elmer Carlson son placed sixth in Audubon County after husking 2 276 pounds nearly 38 bushels in 80 minutes during the 1935 national contest. Walter Johannsen, 33, runner up in 1932, won with 2 276 pounds. Elmer’s older brother Carl won Iowa and national titles last year and will face state contenders near Oskaloosa next Tuesday.
MENTIONED IN THIS ARTICLE
Audubon (Ap
Elmer Carlson
Thursa
Walter Johannsen
Johannsen
Audubon County
Elmér
Carl
Iowa
Oskaloosa
Elmer
Fine S. and K. Restaurant Corp Fined Five Thousand
The S and K Restaurant Corp of Chicago was fined 5000 dollars for failing to file retailers occupational sales tax returns. The penalty represents the maximum allowed.
MENTIONED IN THIS ARTICLE
Chicago
S. and K
Italian Stand Could Oust the Soviets in Spain
London reports Italy moves to force the Iberian crisis at the Spanish nonintervention committee. Dino Grandi demands either Britain backed withdrawal of volunteers or Italy and Germany push for Soviet isolation amid Moscow cutting financial aid.
MENTIONED IN THIS ARTICLE
London
INS
Italy
Russia
Dino Grandi
Lord Plymouth
Britain
Spain
Ivan Maisky
Moscow
Maisky
Germany
Eas
Bloc
Booster club win delays gambling injunctio n in Des Moines
District Judge John Halloran denied the state a gambling injunction against the Booster Club night spot. He ruled the three jackpot machines seized in a raid were not shown to be under the club's custody or control, noting they were in a locked room adjoining the club and not part of its leased premises.
MENTIONED IN THIS ARTICLE
Des Moines
John Halloran
Booster Club
Halloran
Wanted Shoats Bring Cash in Farmers Market Ad
Frances Dedek of Route 4 Cedar Rapids advertised 11 shoats for sale in The Gazette Want Ad section. Between 50 and 60 buyers answered, she sold all 11 quickly and could have sold more. An inexpensive Want Ad can bring buyers to your place.
MENTIONED IN THIS ARTICLE
Frances Dedek
Route 4
Cedar Rapids
the Gazette
Franco Announces East Coast Blockade of Spain
General Franco declared a blockade of the Spanish east coast to include warships and airplanes. Vice-admiral Francesco Moreno assumed command of insurgent naval and air forces bases in Majorca as part of the shift to all Mediterranean operations.
MENTIONED IN THIS ARTICLE
Gibraltar
Francisco Franco
Great Britain
France
Francesco Moreno
Palma de Majorca
Spanish Balearic Islands
Almeria
Moreno
Majorca
Mediterranean
Mastarreche
Enrique Carnavas
Franco
Ramon Franco
Stokowski Denies Garbo Romance
Philadelphia conductor Leo Spoldi Stokowski denies rumors of plans to marry film star Greta Garbo. He spoke openly on Thursday addressing the gossip surrounding their relationship.
MENTIONED IN THIS ARTICLE
Stokowski
Garbo
Philadelphia
INS
Leopold Stokowski
Greta Garbo
Divorce Granted After Husband Leaves Home to Feed Cat
Detroit report notes Mary Darling, 21, secured a divorce from Robert Darling claiming he abandoned the family home a year earlier to feed a cat while the parents were away, prompting the separation.
MENTIONED IN THIS ARTICLE
Detroit
INS
Mary Darling
Robert
Dalhover Indicted For Murder And Robbery
James Dalhover, tied to the Brady gang, was indicted by a federal grand jury for murder and bank robbery. He faces charges for the $2,668 Goodland State Bank raid on May 25, 1937 and the killing of State Patrolman Paul Minneman, while his allies Brady and Shaffer were killed in Bangor, Maine. District Attorney Alex Campbell announced a bid for the death penalty.
MENTIONED IN THIS ARTICLE
South Bend
Ind
UIS
James ‘Dalhover
al Brady
Charles, Shaffer, Jr
Goodland
Paul Minneman
Brady
Shaffer
Bangor
Dalhover
Alex Campbell
Monona Youth Injured In School Dance Car Crash
McGregor teen Hazelett, 19, from Monona, suffers a broken back in a highway crash near Garna ville after a tire blowout. Passengers Cliff Barnhard and Gordon Bernhard, also of Monona, escape with minor injuries as their vehicle veers into a field and catches fire while returning from a Guttenberg dance. Hazelett is hospitalized in McGregor.
MENTIONED IN THIS ARTICLE
McGregor
Will Hazelett
Monona
Garnaville
Cliff Barnhard
Gordon Bernhard
Guttenberg
Hazelett
McGregor Hospital
Railway Leaders Map Higher Rate Plans
Presidents and executives of the nation s railroads met here to draft new applications for freight and passenger rate increases. The gathering aimed to secure higher charges across services and routes amid rising operating costs and demand.
MENTIONED IN THIS ARTICLE
Chicago
Car thief indicted in Illinois over interstate auto theft
A federal grand jury in Peoria Indicts James Dick for driving a stolen car from Davenport Iowa to McDonough County Illinois in violation of the Dyer Act. The case cites interstate transportation of a stolen vehicle as the central charge.
MENTIONED IN THIS ARTICLE
Peoria, Hil
James Dick
Davenport
McDonough County
Also Mentioned on This Page
Verne Marshall
Iowa Liquor Control Commission
Phere
American Federation of Labor
Committee For Industrial Organization
CIO
A. F. of L
John L. Lewis
Lewis
Chiang Kai-Shek
Pacific
England
Grundy Center
Vinton Folk
Creston
DR. Newton
Finz
Fine Restaurant Corp
Lloyd George Raps Duce
Mussolini
Rome
David Lloyd George
house of @ommons
Il Duce
Ilduce
Libya
Palestine
Red Sea
Balearic Islands
Canaries
Straits of Gibraltar
Europe
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