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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jul 29, 1927
Page
5
Du Pont de Nemours and United States Steel climbed to fresh peaks on the Stock Exchange as a looming link between the two companies spurred buying. Steel surged to a new high early trading while Du Pont also advanced, with 60,000 shares traded and totals near 0,000.
A brief report from Philadelphia details an unexpected intrusion on a second visit. The article notes a local reaction as residents, including Louise Gurclay, respond to the alleged incident and its outcomes.
Personal mentions list numerous visitors and relatives passing through the city for short stays. Names include Mrs. Saner of St. Petersburg Florida and Miss Corrine Wylius among many others visiting and returning to homes in Ohio New York Illinois Massachusetts Pennsylvania and Erie. A. H. O Day Sr recovers after a morning operation at Corry Hospital.
Warren golfers of the One Waniger Mobility Club in Warren are set to face a visiting team in a start of season clash. The hosts, led by team captain Ponsa, will field their five as the opening lineup amid strong club interest and local fan turnout.
Washington July 20 The Federal Trade Commission voted to investigate a close financial relationship among United States Steel General Motors and Du Pont. The probe will examine stock holdings and potential interlocking interests under its public interest mandate.
Mahlon Rockwell, brother of Mrs Earl Button of this city, died this morning at 7 in Cambridge Springs. He is survived by two sons and a sister here. Funeral services and burial will be held in Cambridge Springs Sunday.
The Interstate Commerce Commission received today a proposal from the Norfolk Eastern Railway to cut coal rates by 20 cents per ton for southern field coal from Virginia Kentucky and Tennessee to Great Lakes ports. The cut would affect shipments via routes pooling Virginia Virginis and Tennessee coal to lake ports.
A dated market note highlights closures in copper related firms including Butte Copper and Zinc, Kennecott International, Anaconda, and Chile Copper. It lists automotive names Chrysler General Motors Continental Motor Willys Overland Studebaker among sectors linked to metal markets.
A fragmented list shows multiple oil companies such as Waite Atlantic Refining and Marland, Mid Continental Pet, Sinclair Oil, Pan American, Shell Union, and Canadian Pacific. It also mentions railways like Chicago & Northwestern, New York Central, and Pennsylvania RR, plus steel firms Republic, Bethlehem, US Steel, and Westinghouse. The document includes percent figures and miscellaneous assets alongside utility and radar-like references, framing a snapshot of interwar corporate holdings and equities.
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