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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
May 07, 1930
Page
5
May 7 report shows the Senate refused to consider 15 conference reports on tariff measures. The bill was sent back to conference amid impasses over export debentures and flexible tariffs, with Democratic objections to Chairman Smoot’s proposals in the Senate finance committee.
The U S stock market declined with most majors closing lower after attempts to resume the rally faltered. Steel led losses dropping below 169 as bankers resisted a new advance, while Manhattan Electric and Cetotex tumbled amid weaker production and rising pressures. A small holder petitioned for receivership in Wilmington Delaware as declines spread to American Can and Johns Manville among others.
Local residents report visits and travel across Erie Warren and Union City. Mr. and Mrs. Ernest Ricketts host in Harrisville as Mrs. Ethel Albro plans a move to Endicott New York. Several residents voyage to Erie Pittsburgh Union City and Mentor for visits business or care. Roy Kimmey enlists in the Marines and will depart May 10.
Former appellate judge John W Brady faces a second trial in Dallas Texas for the fatal stabbing of Miss Leblia Highsmith a 28 year old stenographer. The earlier trial in Austin resulted in a hung jury prompting a change of venue to Dallas.
Stock quotations from Log an & Bryan Oil City list numerous issues across volumes and exchanges. Major names include American Smelters Anaconda Kennecott International Nickel Chrysler Continental Motors General Motors Studebaker Willys Overland and Western rails and steel makers such as Bethlehem US Steel and American Locomotives. Also shown are oil concerns Atlantic Refining Pure Oil Sinclair and Pan American and other utilities and industrials.
John J. O'Brien of Pittsburgh filed a May T A petition with the Allegheny county registration commission challenging James J. Davis’s Pennsylvania residency. The petition argues Davis has not been a Pennsylvania resident since his 1921 cabinet appointment and cites Harding’s nomination and Senate confirmation.
Chairman Haje of the Senate Naval affairs committee said hearings on the naval treaty would start next Tuesday if Secretary Adams testifies before the Foreign Relations committee on Monday. If Adams does not finish by Monday, the Naval affairs committee will defer the hearing.
Postmaster General Walter F Brown approved a special two cent stamp to celebrate the 175th anniversary of the Battle of Braddock to be issued July 8 and 9. The stamp design by Pittsburgh artist Frank Wiltor features George Washington in a colonel's uniform in a center oval with a surrounding circle inscribed Battle of Braddock's Field 1775-1920.
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