Billion Dollar Stock Slump Renews Market Panic
The New York Stock Exchange plunged in the last hour, wiping out about a billion dollars in quoted values as pools drove up many issues before a sharp selloff. Net declines reached $3 to $18.79 and total daily volume surpassed 5.5 million shares amid credit-tightening signals from the Federal Reserve.
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New York
New York Stock Exchange
New York Federal Reserve
Wall Street
Roger Babson
Florida
Stock Exchange
Bank of Portland
York Federal Reserve Bank
Cincinnati Jews and churches form relief fund for Palestine
A joint relief fund committee was announced by Rabbi Samuel Wohl to aid Jews in Palestine and rebuild damaged buildings. Mayor Murray Seasongood is honorary chair, with Charles Stix as treasurer and Alfred M. Cohen as active chairman. The group voiced sympathy for Palestinian Jews and pledged cooperation with relief efforts.
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Palestine
Samuel Wohl
Murray Seasongood
Charles Stix
Alfred M. Cohen
Federation of Churches of
E. H. Wessler
George C. Dunlop
W.T. Paterson
W. A. Dean
A. C. Shattuck
George Hollenberg
C. A. Mitchell
S. H. Boyer
Gangland killings raise toll in Chicago area gang war
On the West Side of Chicago two young gang members Frank Cawley and Edward Wescott, both in their early twenties, were found shot to death after being disarmed and forced from a car. The victims, linked to labor racketeering, were killed with multiple wounds as they tried to run. Police note the slayings raise this year’s Cook County gang toll to thirty seven, with intent tied to territory clashes and speakeasy operations.
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New York World News Service
Chicago
Frank
Cy”) Cawley
Edward Wescott
William Clifford
Michael Reilly
Wescottt
Cawley
Calley
Wescott
Cook County
West Side
Beer
Minister wins prize for biggest lie at Optimist Club meeting
Rev Carl Stridsburg of Wyoming Episcopal Church claimed in a joking hotel gathering that Canadians mistook him for a Hollywood actor. Dr Walter Stewart boasted of quitting Scotch, while his son Walter Jr won for the most original lie with a $5 000 check from his father. Judge Simon Ross was disqualified for professionalism.
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Optimist Club
Gibson
Carl Stridsburg
Wyoming Episcopal Church
Canada
Stridsburg
Walter Stewart
Dr. Stewart
Walter, Jr
Simon Ross
Stanley Roettinger
John Becker
William Hooper
Kentucky's Progress Slogan Upheld by High Court
Louisville Kentucky September 5 The Court of Appeals upheld the legality of the slogan Kentucky for Progress on automobile license tags. The ruling concurred with Judge Ben G Williams Frankfort who rejected an injunction from the Louisville Automobile Club to prevent the 1930 use. The club argued it impaired identification and could invite unfavorable comments elsewhere. The court held the State Tax Commission may determine tag wording under the law.
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Louisville
Kentucky For
Court of Appeals
Ben G. Williams
Frankfort
Louisville Automobile Club
State Tax Commission
Ninety Arabs Arrested in Safed for Assault and Looting
In Safed the Jewish quarter is being rebuilt after a fire and expanded protection zone. The Jewish Agency coordinates relief with funds from the Palestine emergency fund and other sources as attackers are reportedly restrained.
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Safed
Jerusalem
Jewish Telegraphic Agency
Jewish Agency
Palestine Emergency Fund
United States
U S Farm Board hikes loans on cotton in South
The Federal Farm Board announced larger loans to cotton cooperatives in the South offering a 11 percent supplemental loan on unhedged cotton. The plan builds on prior advances totaling 90 percent of fixed cotton value and projects a demand of about 20.9 million dollars in ninety days, per Chairman Alexander Legge.
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Washington
Federal Farm Board
South
Alexander Legge
Three-Finger Brown Pitches a Fast One Not Mordecai
In New York a magistrate erred by mistaking Dr Edward Brown for Mordecai Three-Finger Brown. The physician, claiming to be the famed Cubs pitcher, flashed two extra fingers and fled after promising to settle a $21.75 taxi fare on a $100 bill, then confessed he was a Reno druggist.
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Mordecai
New York
Albert H. Vitale
Edward Brown
Halen
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Reno
Nev
Can't Halt the Sun but He Can Fade It
Havana date September 1951 German inventor Christian Smudt Alexander claims to have perfected a heat destroying gas curtain to cool the hottest day. He says a gas at 300 to 500 feet would intercept sun rays and create cooler weather pending Cuban sanitation officials’ reply. He declines to disclose the gas type but asserts he can make it work.
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Havana
Christian Smudt Alexander
Alexander
Crash Driver Held Hangs Self in Cell
Chicago report says Frank Schelec, driving last night, struck a girl who was unharmed beyond a bruise while his wife and children were away. He asked to notify them, was refused, and hanged himself with a belt in his cell an hour later.
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Chicago
Frank Schelec
Schelec
Manacled Man Drowns After Alcoholic Arrest
DETROIT Sept 5 Hand cuffed by Customs officers who arrested Alfred J Smith 63 Grosse Ile letter carrier for violation of federal prohibition law plunged into the Detroit River and drowned just before midnight. He operated a boat livery and postal job and officers found eight bottles of beer and whisky in his boathouse. He reportedly became unruly and was handcuffed then leapt into the river and died. Inspectors said rum runners were said to use his garage. police said he had no known bootlegging history.
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Detroit
Alfred J. Smith
Grosse Ile
Smith
Gordon Southard
Willis McNabb
Isaac N. Smith
Hijacking Rampage Hits Chicago Swine Trade
Chicago farmers fear highway robbers as a truck with eighty hogs worth 2000 dollars is hijacked. Three men forced the truck to the curb near a stockyards packing company. two held driver Frank Troney while the third fled with the vehicle. Troney was later freed and reported the crime to police.
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Chicago
Frank Troney
Troney
Launch of Northampton Cruiser At Fore River Yard
The light cruiser Northampton was launched at Fore River in Quincy Massachusetts today with ceremonies attended by Mrs. Calvin Coolidge Secretary of the Navy Charles F Adams and other prominent figures.
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Quincy
Mass
Northampton
Fore River
Calvin Coolidge
Secretary of the Navy
Charles F. Adams
Do You Know How To Woo Morpheus Kitten Curl Sleep Study
Scientists report at a ninth international congress of psychology that maximum rest comes from sleeping curled like a kitten.Researchers from Mellon Institute Pittsburgh presented motion pictures showing nine postures in a typical night and caution against narrow beds that limit favored positions.
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Morpheus
Howard W. Blakeslee
Associated Press
New Haven
Conn
International Congress of Psychology
H. M. Johnson
Mellon, Institute
Pittsburgh
Institute
Briand Pushes European Federation Vision at League Address
Premier Aristide Briand unveiled a broad plan for a European federation viewed as a United States of Europe. He urged closer political and economic ties among nations, while British Foreign Secretary Arthur Henderson called Kellogg Pact a starting point and urged further strengthened restraints.
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Geneva
Aristide Briand
France
Europe
United States of Europe
M. Briand
Arthur Henderson
Mystery Bank Heist Reels In Denver to Telluride Funds
American Bankers Association hired detectives to solve a case where a man posing as C D Waggoner of Telluride Bank secured 500000 in certified checks from Chase National Bank and fled. Several Denver channel banks had earlier sent 75000 to 100000 each to the Telluride account, all routed through Chase. The incident sparked a nationwide banking mystery and ongoing pursuit.
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New York
American Bankers’ Association
Denver
Col
Chase National Bank
Bank of Telluride
Chemical Bank and Trust Company
First National Bank
Guaranty Trust Company
Equitable Trust Company
National City Bank
Harrimen National Bank
C. D. Waggoner
Telluride Bank
Chase Bank
Chinese Attack Soviet Frontier in Four Places
Chinese forces attack the Soviet frontier in four sectors including Poyarkovo near Blagoveshchensk Kazanovitch near Chabarovsk along the Yiman line and at Vasilevski in the Yiman region Martial law is declared with 300 Soviet citizens arrested The actions occur amid Moscow opposition to League of Nations involvement and amid peace offer negotiations with China.
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Poyarkovo
Blagoveshchensk
Kazanovitch
Chabarovsk
Yiman
Vasilevski
Chao Chun
League of Nations
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Nanking
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Clemenceau Reports Ill but Rides to Prove He’s Spry
Paris reports Georges Clemenceau 88, France’s wartime premier, ill at his seaside home St. Vincent Sur Jard. His Paris doctor ordered rest, then Clemenceau took an automobile ride to show he is in good health. Memoirs near completion for simultaneous publication in the US, France, and England.
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Mining Engineer Loses Bet On False Racing Tip
E N Byrne of Lexington Kentucky bet heavily on a horse named Brockway based on a tip from a man claiming to own a string of horses. The horses were supposedly at Pimlico Maryland and Byrne lent $400 for railroad fare then $200 for a bet. Brockway ran last in the third race at Lincoln Fields leaving Byrne feeling he was duped.
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Chicago
E. N. Byrne
Lexington
Lincoln Fields
Byrne
Lee Lester
Lester
Pimlico
Mr. Byrne
Mr.Byrne
Brockway
Lincoln v Fields
Fugitive Captured After High-Speed Chase in Federal Building
Narcotics agent Lexey Ford recaptured parole violator Harvey Althoff after a stairwell pursuit through the downtown Federal Building. Ford suffered injuries but continued the chase. Althoff, from Cheviot, had faced multiple narcotics charges and a suspended five-year sentence. Althoff had been in the penitentiary three times prior to the latest case.
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Federal Building
Lexey Ford
Harvey Althoff
Meadow Avenue
Cheviot
Althoff
Ford
George Bradley
Theederal Building
Shoft
Covington
Cincinnati
Benson Hough
Schneider Cup racing heats up as teams prep
Calshot England Sept 5 minor mishaps mark final practice for the Schneider Cup. Italy and England fast-jet crews prepare for navigation tests tomorrow with Tomas Dal Molin's Macchi and Lieut Stainforth’s Gloster Napier 6 hit by equipment issues. Speeds hoped reach 360 to 380 mph, though exact results remain undisclosed.
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Calshot
England
Tomas Dal Molin
Maj
Bernhardi
One-Way Traffic Changes on 4th Street and Shillito Place
An ordinance makes 4th Street a one-way westbound corridor from Broadway to Central Avenue effective today. It extends west to Central Avenue from Elm Street previously. Shillito Place, previously one-way east from Elm to Race, becomes one-way west between Elm and Race streets.
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4Th Street
Central Ave
Fourth Street
Broadway
Central Avenue
Elm Street
Shillito Place
Elm
Race Street
Race Streets
Tariff Fight Set by Democrats and Independents Monday
In Washington the Democratic leader Senator Robinson and Senator Borah agree to start debate on the tariff bill’s administrative provisions after the Senate convenes Monday. They say the merits of the measure should be discussed first and a potential recommit could follow after Farm relief budget changes are reviewed.
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D. Harold Oliver
Associated Press
Washington
Senate
Hoover
Robinson
Arkansas
Borah
Idaho
Western Farm Group
Agricul
Ture
Finance Committee
House
Padre brings Piedmont wine to Pope in Vatican gift
In Rome on September 6 a Masserano priest fulfilled an 1870 vow by presenting Pope Pius XI with two bottles of Piedmont wine. The old padre ordered the wines kept in parish canteens until a future Pontiff signed a concordat with Italy. The Pope appreciated the gesture amid many gifts at the Vatican.
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New York World News Service
Rome
Piedmont
Masserano
Vatican
Pius XI
Italy
N. Y. World News Service
N. Y
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