Oil Stock Pool Made Millions Under Senate Scrutiny
Senate bankers committee heard how a handful of operators led by Arthur W. Cutten allegedly netted upward of 12 million dollars in oil stock pool profits during 1928 and 1929 by handling nearly 2 million shares of Consolidated Oil without direct investments. The probe also noted a New York Stock Exchange investigation into the pool.
MENTIONED IN THIS ARTICLE
Washington
Arthur W. Cutten
Senate Banking Committee
Ferdinand Pecora
Cutten
Consolidated Oil
New York Stock Exchange
Grain and Stock Exchange
Harry F. Sinclair
Sinclair
Kansas City
G. T. Stanford
Page Ten Part Two Fragment Catches Reader’s Eye
A partial OCR snippet from page ten part two shows only a fragmentary cue with a quoted prompt and incomplete text, offering little context or readable facts beyond its presence on page ten. The item appears to be a miscellaneous newspaper fragment rather than a full, coherent story.
Recognition Of Russia Foreseen
President Roosevelt prepared to discuss formal recognition of the Soviet Union with foreign minister Maxim Litvinoff after talks at the state department. Hull indicated a direct White House meeting would finalize essential terms, following yesterday’s hour long exchange and prior reviews of restoration of diplomatic relations.
MENTIONED IN THIS ARTICLE
Washington
Vyelt
Maxim Litvinoff
Litvinoff
Hull
State Department
White House
Roosevelt
Marie Pressier Birthday Tribute Leads Hollywood Night
In Hollywood, a 500 pound 80 foot cake marked Marie Pressier's sixty second birthday as 700 attendees celebrated. Telegrams poured in from U S and Canada while lights went out for a spotlighted cake ceremony. Speakers included Governor James Rolph Jr Will Rogers Lionel Barrymore May Robson and Polly Moran. The event aired on a national broadcast.
MENTIONED IN THIS ARTICLE
Hollywood
Marie Pressier
United States
Canada
James Rolph, Jr
Will Rogers
Lionel Barrymore
May Robson
Polly Moran
Bradford Hits A. G. and E. Plan
The state auditor's office states it has sufficient data to convince officials that the Associated Gas and Electric plan for capitalization rearrangement is unjust unethical and against all interests of current bond holders. Harold K. Bradford deputy securities commissioner prepared the statement after inquiries from state securities owners. He notes the plan advertised by Associated Gas and Electric Securities company and affiliates seeks to prevent deposit solicitations by West Virginians though mail solicitations have occurred. federal trade commission assistance was sought.
MENTIONED IN THIS ARTICLE
Associated Gas and Electric Company
Harold K. Bradford
Associated Gas and Electric Securities Company
Department
Federal Trade Commis
Anthracite Miners Threaten General Strike
In Wilkes Barre Pennsylvania leaders of the United Anthracite Miners of Pennsylvania threaten a general strike if the National Labor Board study is not addressed. Thomas J. Maloney says organizers will be sent into Hazleton Pottsville and Shamokin at dawn to back the demand. Workers oppose a contract clause denying pay for clearing cave-ins and debris.
MENTIONED IN THIS ARTICLE
Wilkes-Barre
United Anthracite Miners of
Pennsylvania
National Labor Board
Thomas J. Maloney
United Mine Workers of America
Hazleton
Pottsville
Shamokin
Maloney
Washington
Wilkesbarre
Kentucky Lt Gov Chandler Finds Mother After 31 Years
Lieutenant Governor Albert B. Chandler of Kentucky, nicknamed Happy, travels to Jacksonville to find his mother after 31 years. He meets Mrs. A. W. Chamberlin and uncovers two half brothers and a sister, learning his mother had watched him from afar since she said goodbye to his father. The reunion follows a life of silence and a postal card message, revealing a family he never knew.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Albert B. Chandler
Kentucky
A. W. Chamberlin
Lawrence Fortune
William Fortune
Savannah
Mary Ellen Fortune
Robert
Albert
Sinking Fund Discussed By State Officials
State Treasurer R E Talbott led a discussion on meeting upcoming debt services as road commission sticker revenue halves this year. With about 2.8 million dollars due, officials considered liquidating part of 17 million dollars in district and municipal bonds to cover obligations.
MENTIONED IN THIS ARTICLE
Comatathatee
R. E. Talbott
Road Commission
Commission
Greece Answers U S Note on Extradition Refusal
Greece’s reply to the U S denunciation of the extradition treaty over Samuel Insull was handed to American Minister MacVeagh by Foreign Minister Maximos in Athens. The text remains secret for Washington release, but the response reportedly upholds the Greek court of appeals verdict and asserts treaty power to examine charges, effectively a virtual trial.
MENTIONED IN THIS ARTICLE
Athens
Greece
America
Samuel Insull
Chicago
MacVeagh
Maximos
Washington
Legation
Suspect in Kidnapping Ring Reveals Operations in Chicago
Nov 9 Chicago reports a confessed gang member named Dean Swolley of Peoria as part of a $500,000 kidnapping ring. He identified seven confederates and ten kidnappings, detailing ransoms from 100000 to 11000, and mentions targets including Mayor E J Kelly. Swolley and two accomplices, Frank Souder and David Jones, were connected to victims John J. Lynch and James Hackett as the tale unfolds with more names and methods.
MENTIONED IN THIS ARTICLE
Chicago
Dean Swolley
Peoria
Swolley
Pat Roche
al Capone
E. J. Kelly
Kelly
Panions
Frank Souder
Benton, Ill
David
Babe’’) Jones
St. Charles
John J. Lynch
General News Bureau
Turf Service
James Hackett
Blue Island
William Urban
Joliet
Roy Nolan
Jack Klutes
Eddie LaRue
Eddie Nicholson
Eddie Wagner
Scuder
Benton
James Ward
Chicago Heights
Improvement In Railways Seen By Coordinator
Chicago dispatch reports federal transportation coordinator Joseph B. Eastman forecasting improvements in railroad equipment service and methods. He urged cautious government support and emphasized regulation under the interstate commerce commission. Eastman said buying in volume could ease unemployment and stimulate industry during the depression.
MENTIONED IN THIS ARTICLE
Chicago
Joseph B. Eastman
Carl R. Gray
Union Pacific System
Interstate Commerce Commission
Albert J. Geil Taken by Death
Albert J. Guill 71 former Charleston police chief died at his Donnally street home after a long public service. Appointed chief in 1907 by Mayor J. A. Holley, he served four years. Born August 2, 1862, he was a Democrat and Methodist. Funeral plans pending at Barlow's mortuary.
MENTIONED IN THIS ARTICLE
Albert J. Guill
Charleston
Donnally Street
J. A. Holley
Mr. Guill
Richard Guill
Willie Hensley
Kanawha County
Guill
Old Charleston Ice Company
Broad Street
Diamond Ice and Coal Company
Barlow
National Commander Hayes Visits Charleston on Armistice Day Run
National Commander Edward A. Hayes and Mrs. Hayes of Decatur Illinois stopped in Charleston at 10:30 PM en route to Washington for Armistice Day celebrations. Adjutant Boyd Stutler and local Legion posts welcomed them at the Chesapeake and Ohio Station. Hayes said the Legion backs President Roosevelt on economic recovery, with candy gifts and greetings from Charleston, South Charleston, Dunbar and Rensford posts.
MENTIONED IN THIS ARTICLE
Edward A. Hayes
American Legion
Hayes
Decatur
Charleston
Washington
Boyd Stutler
President Roosevelt
Chesapeake and Ohio
South Charleston
Dunbar
Rensford
Mrs. Hayes
John Brawley
Adjutant Stutler
Warren
Warren Stutler
John Walker
Favorable US business reports from across the nation
Reports from New York to Philadelphia highlight improved sales for American Stores and Buick Auto, Overseas GM operations back to 1930 levels, iron and steel scrap exports surging with Japan as a major recipient, Illinois car registrations doubling in October, and Pennsylvania Railroad ordering 500 large box cars funded by an $84 million PWA loan for electrification and equipment.
MENTIONED IN THIS ARTICLE
Philadelphia
Pennsylvania Railroad
Public Works Administration
New York
Washington
Speakeasies Open Doors Amid Justice Warning
Across the nation speakeasies and night clubs opened to the public despite a Justice Department warning that the Volstead Act remains in force until December 5. Officials stressed enforcement by district attorneys and agents while racketeers were targeted. bartenders reopened with cocktails in view after years behind locked doors.
MENTIONED IN THIS ARTICLE
Washington
Atlantic
Pacific
Justice Department
United States
Prohibition
Eseaid
Justice
Bureau of Investigation
Governor Kump Advises Legislature on Revenue Plans
Government revenue and tax distribution details will likely be set by Governor Kump before the November special session. Lawmakers may draft bills, with the governor and fiscal experts acting mainly in an advisory role. Key issues include property tax collection, replacing debts with indirect taxes, redistricting, and revoking the repeal prohibition amendment. Delegate Beacom opposes repeal efforts, citing public sentiment against saloons. Senate President Mathews met with the governor to review plans.
MENTIONED IN THIS ARTICLE
Kump
Supreme Court
Beacom
D-Cabell
Mathews
Senate
Dollar Depreciation Reaches 60-Year Low Under Roosevelt Plan
New York Nov 9 AP Roosevelt currency policy shows early success as dollar value slides to lowest in six decades against foreign currencies. Pound and European gold currencies rise amid chaotic FX trading. Wheat climbs four cents at Chicago. cotton and bar silver post gains with futures firm.
MENTIONED IN THIS ARTICLE
New York
Roosevelt
Chicago
First Brewery Permit Sought In West Virginia
The state tax commissioner received its first brewery license application since beer relegalization. Monongalia Valley Brewing of Fairmont aims to produce West Virginia Lager at 200 barrels daily with 30 000 gallons storage, paying 500 for the license and posting 10 000 bond. Officers listed include J D Alexander president and Dr Garelda vice president.
MENTIONED IN THIS ARTICLE
State Tax Commissioner
Monongalia Valley Brewing Company of
Fairmont
West Virginia
J. D. Alexander
Doctor Garelda
William Furlong
Fred L. Dorringer
New Democratic Tide Still Strong Farley States
Washington reports that Postmaster General Farley said Tuesday's election results show no diminution in Democratic popularity. He stated the Democratic tide that elected Franklin D Roosevelt a year ago remains strong, calling New York a repudiation of machine rule but not a party election and crediting repeal to Roosevelt's endorsement.
MENTIONED IN THIS ARTICLE
Washington
Farley
Franklin D. Roosevelt
New York
Roosevelt
Wintry Northwest Dampens Farm Strike activity
Des Moines reports wintry winds from the northwest curbing farm strike pickets led by the National Farmers Holiday Association. Picket lines weakened. dairy and livestock shipments moved to Sioux City. Wisconsin groups form protective associations while arrests occur and a culvert is dynamited near Wausau.
MENTIONED IN THIS ARTICLE
Des Moines
Northwest
Sioux City
Wisconsin
National Farmers Holiday Association
Wausau
Milwaukee
Paynesville
Minn
Grundy County
Mh1
Farm Holiday Association
Kankakee
Ill
Liquor Policy Spelled Out Before Prohibition Ends
Federal officials outlined a revenue focused policy from now until repeal. They will prioritize cracking down on big bootleggers and moonshine cash streams while pursuing licenses and taxes to sustain legal liquor markets. President Roosevelt and cabinet officers discussed modest import rules and lighter duties to promote wine and beer sales and curb illicit activity.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Beverage Division
Farm Administration
LaGuardia Faction Pushes Permanent City Reform Party
New York November 9 Fusion forces led by Fiorello LaGuardia push toward a permanent reform party to keep Tammany out of power. Roosevelt wing leaders Farley and Flynn vow to overthrow Tammany and Brooklyn boss McCooey, while Fusion chair Davidson plans district units to enforce non partisanship. LaGuardia says he will stay out of politics but supports constructive criticism and checks on officials.
MENTIONED IN THIS ARTICLE
New York
Fiorello H. LaGuardia
Tammany
LaGuardia
Roosevelt
Democratic Party
James A. Farley
Edward J. Flynn
Tammany Hall
John F. Curry
John H. McCooey
Brooklyn
Farley
Flynn
Brook
Lyn
Fusion
Joseph V. McKee
Maurice P. Davidson
Davidson
Yes Party
John F. O'Ryan
James 8. Bolan
Rebels Defeated After Siege of Azares Castle
Havana dispatch reports a two day rebellion crushed as government troops captured Azares fortress at 4 07 pm. About 15 dead and 40 wounded found inside. overall toll may exceed 1100 killed and 200 wounded. City under siege with night gunfire and state of emergency as civilians urged to surrender arms. An American civilian wounded is among the slightly injured.
MENTIONED IN THIS ARTICLE
Havana
Azares
Carlos Manuel de Cespedes
Gran San Martin
Civil Works Plan To Be Discussed By City Leaders
Mayor R P DeVan and City Engineer Harry L Campbell will travel to Washington early next week for a conference called by Harry L Hopkins head of the new federal Civil Works Administration The telegram states the agency will create employment for millions and begin regular wage work for those on relief The exact local projects depend on funding and definitions from the administration
MENTIONED IN THIS ARTICLE
R. P. DeVan
Harry L. Campbell
Washington
Harry L. Hopkins
Federal Civil Works Administration
DeVan
Hopkins
Civil Works Administration
Federal Emergency Relief Administration
Country Is Safe Now, Will Rogers Thinks
Beverly Hills Calif November nine. The nation is recovering and Old Kentucky leads the trend after a decisive election showing strong turnout in an off year. Prohibition had already been repealed by 36 states, and doctors are given the benefit of the doubt in vote counting. News notes disorganized clubs in New York and hints at a return to American principles led by Old Kentucky, except the Carolinas.
MENTIONED IN THIS ARTICLE
Beverly Hills
Calif
Old Kentucky
New York
Carolinas
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Wall Street
John J. Raskob
Democratic National Committee
Alfred E. Smith
County Trust Company
James J. Riordan
Smith
Raskob
Chase National Bank
Sinclair Oil
Blair and Co
Chase Securities Corporation
the Shermar Corporation
the Cutten Co Ltd
Continental National Company
The
Fanoth Corporation
Tray
Russia
Willie Willis
Robert Quillen
China
Mother and Family Foundry
Bradford
A. G
Blue Grass State
Redis
Pate
U. S
Reche
Swelley
Eastman
Railway Business Association
Albert J. Geil
Holley
American Stores Company
General Motors Company
James D. Mooney
Department of Commerce
Japan
Springfield
Ilinois
Detroit
W. F. Hufstader
Buick
General Motors
Speakeasies
Monongalia Company
Northwest Hampers Farm
Cummings
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Azares Castle
Campbell