Morgan Firm Made Millions In 1930 31 Securities Profits Revealed
Washington May 29 J P Morgan and Company's senate investigators record shows the firm earned nearly 10 million dollars from sales and underwriting of securities in 1930 and 1931. The partners paid only 48 thousand dollars income tax, hinting at deductions for capital losses and running overhead. The bank emphasized an increase in underwriting over 1929, despite the year being a downturn.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
J. P. Morgan and Company
Senate
United States
Banking Committee
Morgan House
Sia
Parsons tanning exhibit shown at Worlds Fair in Chicago
Parsons tanning company sends a side leather display to the Century of Progress exhibit. Jas A MacFadden notes the local tannery is the sole Armour & Company tannery invited to present at the Worlds Fair among eleven tanneries.
MENTIONED IN THIS ARTICLE
Parsons
Century of Progress
Chicago
Jas. A. MacFadden
Parsons Tamping Company
Armour & Company
Forestry Workers To Attend Parsons Memorial Day Parade
Parsons May 29 Officers of the Citizens Conservation Corps near Bretz notified J Harold Felton commander of the American Legion that the entire camp contingent joins the Legion and Boy Scouts in observing Memorial Day. The parade will pass the American Legion hall then to the cemetery to decorate veterans' graves with flowers and flags before returning to town.
MENTIONED IN THIS ARTICLE
Parsons
Citizens Conservation Corps
Bretz
J. Harold Felton
American Legion
Legion
Tery
Pecora Declares His Record Open To Investigation
New York on May 29 Pecora, the inquisitor of J P Morgan and other mighty men of money, says his record is open to inquiry They are welcome to search for any flaws according to Pecora who cites unnamed persons accused by Senator Couzens of Michigan of conducting a subtle campaign to discredit his work for the Senate banking practices inquiry.
MENTIONED IN THIS ARTICLE
New York
Ferdinand Pecora
J. P. Morgan
Pecora
Couzens
Michigan
Senate
Kidnapped Kansas City Heiress Freed After Ransom
Miss Mary McElroy abducted while bathing in the Country Club district was freed Sunday after her father H. P. McElroy city manager and Henry F. McElroy Jr. delivered $30,000 in cash on a rural Wyandotte county road near the state line. The kidnappers promised release within two hours.
MENTIONED IN THIS ARTICLE
Kansas City
Country Club
Mary McElroy
H. P. McElroy
McElroy
Henry F. McElroy, Jr
Wyandotte County
Kan
State Line
Roosevelt Satisfied With Manner of Inquiry Recipient
Senator Glass of Virginia said he received an anonymous threat letter and many insult ing letters due to his challenge of the Morgan investigation. He blamed mob psychology and noted the letters followed his insistence on transparency about the inquiry.
MENTIONED IN THIS ARTICLE
Sen. Glass
Roosevelt
Washington
Glass
Virginia
J. P. Morgan and Company
Dr Jones Tells Seniors God Makes Life Complete
Dr JONES preaches at Grafton high school baccalaureate to 136 seniors with theme The Glory of the Lighted Mind. He quotes Philippians 2 5 urging the mind in you which was also in Christ Jesus.
MENTIONED IN THIS ARTICLE
DR. Jones
Samuel C. Jones
Andrews Methodist Episcopal Church
Ministerial Association
Grafton High School
Washington
Grafton High
Roosevelt
The
Senate Banking Committee
J. Morgan. and Company
Ferdinand Pecora
Florence H. Wilkinson
Ruth Batten
F. J. Tutvander
First Presbyterian Church
God Is Love
William Hamilton
Margaret Ridenour
E.G. Kuhn
Jones
Traffic Regulation Notice For May 30 Parade Route
Road closure and parking bans apply 8 am to 1 pm on Washington Street St Johns to Market streets John Alley Luzadder Bridge Main St St Marys Cement Bridge Beech Walnut Street. No traffic on Washington St St Marys Cement Bridge Beech and Walnut after 8 45 am until parade returns from cemetery. Only official cars allowed behind parade. Parking directed to Athletic Field Yates Avenue. Chief Wallace N Henderson.
MENTIONED IN THIS ARTICLE
Washington Street
Bridge
St. Johns Street
St. Johns
Market Streets
Main Street
Washington
Main
Bridge Street
East Washington
St. Mary's
St. Mary’s Street
Beech Street
Walnut Street
Woodyard's
Negro Doctor Fatally Hurt In Auto Crash
Charles C Stratton, a Black physician from Washington, died in a hospital after an automobile skidded on the Berryville pike and struck a culvert at a bend near the foot of a hill, fracturing his skull. The crash occurred yesterday. he died this morning.
MENTIONED IN THIS ARTICLE
Charleston
Charles C. Stratton
Washington
Berryville Pike
Gandhi Breaks Fast For Untouchables Cause In Poona
Gandhi ends a three week fast in protest for the untouchables by sipping orange juice at his Poona residence. The fast began May 8 and drew support from friends of many castes including Hindus Muslims Parsees and Europeans surrounding his home during the conclusion.
MENTIONED IN THIS ARTICLE
Gandhi
Poona
India
Mahatma Gandhi
School board contracts queried under county trust bill
Charleston May 20. W W Trent superintendent of Schools asked Attorney General Homer A Holt for an opinion on whether contracts made by present boards of education with teachers for the next school year would be affected by the county trust bill. Trent expects the opinion later this week.
MENTIONED IN THIS ARTICLE
Charleston
W. W.trent
Homer A. Holt
Boards of Education
Trent
Tie
Youth Paralyzed After Lake Dive Tragic Fall
Morgantown reports a 19 year old University of West Virginia student Robert Poole of Clay was paralyzed after a shallow Lake Linn dive. His head struck a rock causing a fractured vertebrae and doctors say recovery chances are slim. Poole, a junior in the arts college, was attempting to “water to tide the waves” when struck by the boat’s wake.
MENTIONED IN THIS ARTICLE
Morgantown
Lake Linn
Robert
Poole
Clay
University Arts College
Ex-Service Men Meet at Moose Home Tuesday Morning
Notice calls ex service men to assemble at the Moose Home at 8 30 Tuesday morning with a parade set to move promptly at 9 o clock.
MENTIONED IN THIS ARTICLE
Moose
No Sentinel Edition On Memorial Day Notice
In observance of Memorial Day The Grafton Sentinel will not publish on Tuesday May 30. The next regular edition is scheduled to appear on Wednesday evening May 31.
MENTIONED IN THIS ARTICLE
The
Grafton Sentinel
Sentinel
Budget Bill In Focus As Legislature Near Close
Charleston May 29 A speedy session looms with only enactment of a budget bill remaining before lawmakers close desks. Gov Kump and officers finishing touches on the appropriation measure while sessions pare to minimal debate. Leaders expect passage by Saturday night and reconvene Wednesday for formal sessions as reorganizational measures move toward final approval.
MENTIONED IN THIS ARTICLE
Charleston
Kump
Conservation Commission
Game, ‘Fish and Forestry’ Commission
Sessiop
Agipurns
Senate panel seeks doubled funds to probe bank delay
The Senate Judiciary Committee decided to ask for additional funds to continue its inquiry into the delay in prosecuting Josefin W. Bartiman a New York banker and Harriman National Bank director. The panel aims to double the $500 appropriation to cover months of inquiry into alleged falsified accounts and a stock pool among bank directors.
MENTIONED IN THIS ARTICLE
Washington
Senate Judiciary Committee
Senate
Josefin W. Bartiman
New York
Memorial Day Parade And Speech At Dawn
The town prepares a large Memorial Day program with a 9 am parade on East Washington Street led by a dawn march of about two thousand people, followed by graveside decorations and a memorial address by Randall at 11 am. Surviving Civil War veterans from local posts attend as possible, with several aged members noted by name and age.
MENTIONED IN THIS ARTICLE
Washington ‘Street
Bridge Street
St.Marys — Street
River Bridge
Post Office Holiday Service in Grafton on Memorial Day
The Grafton West Virginia post office will observe a holiday on Tuesday May 30 1933 Memorial Day. There will be no city or rural deliveries or collections. General delivery stamp window money order registry and savings operations will be closed. All mails will be received and dispatched at the post office to insure dispatch.
MENTIONED IN THIS ARTICLE
Lexington
The
Argonne
Taylor County
Appomattox
Aeto Post
No. 7
Grand Army of the Republic
Patrick Flannery
John I. Horimen
John J. Cassell
A. W. W. Robinson
Robert M. McMilliamis
Henry Combs
Taylor
United States Post Office
Grafton
W. Va
Also Mentioned on This Page
Morgan
Bank
In Worlds
Valk
Publiquses Vice Commission
Wheeling
Wm. Archdeacon Company
Grafton B. & O.elkins Moose P.m
Borgman
Preston Co
Randolph
Grafton Park
Theodore Miller
New Ferry Service
Park Pavilion
D. & J. Collegiatis