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Newspaper
Helena Independent
Location
Helena, Montana, United States of America
Date
Jun 30, 1928
Page
9
Underlying trade conditions appear firm with a healthy stock market tone and sustained demand. The analysis notes broad economic strength despite uneven industrial expansion and warns of a normal summer contraction across sectors. Bank clearings rise, reflecting continued economic activity.
Battista Tune 29 4 Pier ce Arrow Motor Car company directors approve a merger with Studebaker forming a holding company to take over all properties and assets valued at 160 million dollars Studebaker to gain substantial interest in the new entity arising from the deal
Italian experts credit four speed transmissions for victory in the Cup of the Thousand Miles road race for stock touring cars. The top finishers were all four speed models, led by an 13 hp group averaging over 30 miles per hour. An American entry placed seventeenth, testing the three speed car prediction. Meanwhile, Gladys Coleman, a 13-year-old marble shooter, led a national tournament field of 46 boys on opening day.
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