Speculator Defended as Necessary by RFC Leader
Emil Selvam chairman of the Reconstruction Finance Corporation and president elect of the New York Stock Exchange argued that speculators are a necessary element in the national economy. He told Exchange members that the market's problem is how best to serve the public interest, emphasizing regulation and disclosure to protect investors. Schram warned the exchange must operate as both business and public service, while Selvam defended regulation as essential to fairness and to preventing inequitable practices in securities markets.
MENTIONED IN THIS ARTICLE
New York
Jue
Emil Selvam
Reconstriction Finance Corporation
New York Stock Exchange
Lohram
Matt
Wall Street
Axchange
Associaion of Stock Exchange
Tris
Sehraty
Welley
Schram
Washington
Seltram
Securitien and Exchange
H.C
Government Taking Over Pricing Of Automobiles
Washington reports Price Administrator Leon Henderson announced Chrysler refused to resettle recent price rises, forcing government control over auto pricing. He urged industry to drop further increases this year as he drafts a full price ceiling for new car models, covering factory prices dealer markups and possibly trade-ins.
MENTIONED IN THIS ARTICLE
Washington
Chrysler Corporaton
Leon Henderson
Hanierson
Induslrs
Chrysler Corporation
Wert Motor Company
Hudson Motor Cup Company
Studebaker Corporation
Nash-Kelyinator Corporation
Henderson Snid
Overcoats Are Very Much in Order in Reno
Reno Nevada June 29 heat in other regions but here overcoats are in style as winter lingers. A pine snow storm hit the Sierra Nevada to the west and a low pressure drove temperatures down to 22 degrees at the nearby airfield. Reno city reported 37 degrees with a 63 degree airport high and a strong wind.
MENTIONED IN THIS ARTICLE
Reno
Nev
Sierra Nevada Mountains
Here
Heno
Soldiers Enjoying Holiday in Park
June 25 report from Yellowstone Park in Wyoming notes 5 officers and 130 men from the 346 signal company and related squadrons arriving at Nes Perce CUC camp near Old Faithful for a 10 day recreation period. Camp capacity is 250 with a rotation plan to give each soldier 10 days.
MENTIONED IN THIS ARTICLE
Yellowstone Park
Wyo
Army
Wera Ébloy
Garrison Ilfe
Mabeavers
Fork Dougles
Utah
Sigial Copany
Nes Perce C.U.C
Alls Noth
Pisos
Fort Douglas
Reserves Called New York June 25 Swedish Naval Reserve
Swedish naval and military reserve will be called to the colors immediately, a radio broadcast heard tonight by NBC reported. The announcement comes as Sweden prepares for heightened defense readiness amid regional tensions.
MENTIONED IN THIS ARTICLE
New York
Sailitary Reserver
N.B.G
Motor Transport Convention Moves Through Great Falls News
June 23 Great Falls report outlines the Motor Transport Association planning its third annual convention set for November with dates to be announced. W B McConnell notes the site decision occurred at a board meeting. a reserve attendance of 600 is expected. Also mentions Myron W Hutchinson a U.S. veteran and longtime Great Falls resident passing away in Washington. The Bay of Fundy note on milk processing appears as unrelated filler.
MENTIONED IN THIS ARTICLE
I W. Hutchinson
Great Falls
Myron W. Hutchinson
U.S
Wash
Billings
June
Thes Mobutu Motor Transport Eseperation
Missmita
Oro
Nera
Washington
W. B. McConnell
War Department
Paul Joseph Ducharme
Norris
Association
Direcm
Tha Dar
McConnall Tald
OConnor Opposed To Proposed Tariff Slashes
Washington June 25 Rep. O Connor urged strike of tungsten ore and concentrates from negotiable duty list under proposed trade pacts with Argentina. He warned reductions would curb exploration and hurt Montana tungsten, essential for national defense. He also opposed tariff cuts on livestock products, warning neighbor policy could devastate western cattle states and ruin steel industries.
MENTIONED IN THIS ARTICLE
Washlington
O'Connor
Mont
State Department
Argentina
Montana
Vic Montanan
Commission
South America
WPA Workers Released to Fight Forest Fires
State Administrator Dean W Miller announced WPA crews may be released to assist forest service in fire fighting during emergencies due to favorable range conditions. Ongoing projects in national forests, especially in northern Idaho, could provide workers for fire control as needed.
MENTIONED IN THIS ARTICLE
Boise
Duaho
Thaio Work Projects Administration
Dean W. Miller
W.P.A
Forest Service
Miller
WPA
Idaho
Finnish Parliament Votes Confidence in Govt Measures
Helsinki dispatch reports Finland’s Parliament backed the government’s anti Russian attack measures. Prime Minister Jukka Habergell told reporters measures were in place as the German news agency DB and Finnish press noted the confidence vote.
MENTIONED IN THIS ARTICLE
Born
Switzerland
Finland
Jukke Habgell
Fish Permament
Db.n.b
Helsinki
Trial of Reynolds Is Postponed Until October
In Lawistown on June 26 Judge Blewart McConochkie postponed the trial of D. N. Reynolds publisher of Three Forks and editor of The Pink Reporter on criminal Whrel charges. The case, originally set for yesterday, stems from marketeering stories in Reynolds paper.
MENTIONED IN THIS ARTICLE
Lawistown
Digtrick
Blewart McConochkie
D. N
Tip) Reynolds
Three Forks
Reynolds
Arketes
The
Pink Reporter
Will Defend Self London Finns on Global Lists
The Winnisi legation announced today that globalists of Finnish territory from the US.3.R. had compelled Finland from now on to defend herself with every man in her power. The statement was made Thursday January 26 in London reflecting wartime sentiment and a call for national defense.
MENTIONED IN THIS ARTICLE
London
Winnisi Legation
Finland
Defense Bond facts and redemption guidance
Q and A explain when you can redeem a defense bond and how much you receive. Most owners do not cash bonds, preferring to support arms production. some arrange payroll deductions through employers or banks. For purchasing defense bonds and stamps contact a nearest post office or bank or write to the Treasurer of the United States in Washington.
MENTIONED IN THIS ARTICLE
Aterica
Hbanke
Noth
United States
Washington, D
Mass for Children at Catholic Meet Noted
Hundreds of children gathered at the ninth national Harberistic congress in St Paul for a pontifical high mass. About 660 needed hospital treatment during a heat emergency that prompted eight ambulances and many emergency squads to assist. The noon shade reading reached 81 while open air temperature neared 100. The group, from 75 schools within ten miles of Minneapolis, sang as Archbishop Edward Wooney of Detroit presided.
MENTIONED IN THIS ARTICLE
St. Paul
Stall Fair Grounds
Twin Cities
Fair Ground
Edward Wooney
Detroit
Last Rites Held For Sea Harrison in Gulfport
Gulfport Mississippi June 25. Senator Pat Harrison long time Mississippi lawmaker lay in state then by simple but impressive services attended by national figures. After services at First Methodist church his remains were buried in Evergreen Cemetery near the Gulf. Vice President Harry Wallace representatives of President Roosevelt and other leaders attended along with the senator's widow and children. Harrison died Sunday morning in Washington after an operation. He served in Congress since 1811 and was president pro tempore of the Senate at his death.
MENTIONED IN THIS ARTICLE
Gulfport
Monroe
Pat Harrison
Mississippi
Birief
Harry Wallace
Stephen Barry
Roosevelt
Pcessnrs
Henry Morgenthau
Hurrican
Washington
Congress
Senete
Brewster Named on Montana Triple A Committee
Brewster of Birney was named an acting member of the Montana Triple-A committee following the resignation of Budceed W A Denecke of Bozeman. Brewster had served as range assistant to the committee. Other members listed include W S Batley Corvallis chairan BR J McKenna Geyser F H Richardson Columbus and V G Taylor Bozeman.
MENTIONED IN THIS ARTICLE
Bozeman
Jans
Barton B. Brewster
Birney
Montana
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RFC
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Goodyear Rubber Co
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Watriss
Brenda Frazier
Kelly
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Mule
West
93Rd Field Artillery
IX Army Corps
Hunter Liggett Military Reservation
California
Aess Ss
United States Navy
Belluhem
Swaptig
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Juanma
Duchess" Spinelli
San Quentin Penitentiary
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Covernor Olson
Notian W Church
Jett
Procter Louis B. Mayer
Norse
California Horse Racing Board
Los Angeles
Bay of Fundy
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Catholic Meet
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