Progress Toward Reestablishment of Gold Standard
The Federal Reserve Board in its March 1 report sees 1024 as a year of definite progress toward restoring the international gold standard. It cites European confidence, parity of exchange in three nations, and easier foreign borrowing as factors aiding dollar credits and gold availability. The industrial readjustment and farmer improvements helped a five-year high in domestic business recovery into 1925’s first quarter, with Europe showing stronger demand for American agricultural products financed by foreign loans.
MENTIONED IN THIS ARTICLE
Dy Associated Press
Washington
Federal Restérve Board
European Securities
Beloves
Europe
Educational courses popular in Birmingham prison
Inmates at Birmingham city prison attend lectures on Shakespeare twice weekly as part of education work launched by the jail visiting committee. Shorthand instruction has also begun with notable success and four proficiency certificates awarded since the program started a few weeks ago.
MENTIONED IN THIS ARTICLE
Birmingham
Eng
Birmingham City
New York Federal Reserve raises rediscount rate to three and a quarter
The Federal Reserve Bank of New York lifted the rediscount rate from 3 to 3.25 percent amid signs of expanding business demand for funds. Officials saw no speculative excesses or inflation needing curb, just a natural rise with open market rates. Trade progress remained steady with some demand slack in steel, while cotton and grain prices climbed and crude oil output edged up for the first time in months.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Federal Reserve Bank of New York
Federal Reserve
Gillette Razor Reports Best Year in History 1924
The Gillette Safety Razor Company announces 1924 net income of 10.12 million dollars, up from 8.41 million in 1923, with 12 percent dividends and two 5 percent stock dividends. Sales exceeded 8.4 million razors and 42.6 million packets of blades, aided by plant capacity expansions in Boston Montreal and Slough. Networking capital rose to 18.14 million dollars from 12.59 million.
MENTIONED IN THIS ARTICLE
New York
Gillette Safety Razor Company
Gillette
Boston
Montreal
Slough
England
Bostot
Daring Girl Cashier Foils Theater Robbers
Des Moines March 1 Miss Glennie Rader a 20 year old cashier at the leading Des Moines theater thwarted a two man holdup securing a tag with 2000 in cash. The bandits tried to take the money but she yelled for help causing spectators to pursue them as they fled through the crowd out front.
MENTIONED IN THIS ARTICLE
Associated Press
Des Moines
Glennie Rader
Western RailwayExpense Reduced
The Western railways committee reports five year savings since privatization. Daily operating costs fell by 3.473 million, totaling 1.27 billion dollars less in 1924 vs 1920. freight rates dropped from peak 1920 levels. wage, payroll, and workforce changes also reduced expenses amid rising taxes.
MENTIONED IN THIS ARTICLE
Chicago
Associated Press
Western Railways Committee On Public Relations
Railroad Labor Board
Interstate Commerce Commission
Peck
Smelting and Refining Co Profits Rise in 1924 Report
American Smelting and Refining reports 1924 net income of 74.1 million dollars and earnings of 12.60 a share after preferred dividends, up from 1923. President Guggenheim cites strong cash position, no loans, 26.3 million in cash and securities, and plans for mine and plant expansion including Rosita and coal output. Death noted: John Parkhurst, 63, of Yerkes staff.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Marci 1
American Smelting and Refining
Simon Guggenheim
Guggenheim
Mexico
Rosita
New Method Heals Rupture Offers Free Trial
Kansas City physician Dr. Andrews promotes a compact rupture cure weighing ounces that avoids belts straps or steel bands and claims to heal the condition. He says hundreds have discarded trusses and offers free trials to readers at 4401 Koch Bldg Kansas City MO to one person per neighborhood.
MENTIONED IN THIS ARTICLE
Kansas City
Andrews
Andrew
Independent
Koch
Drake Wins Duel for Mary Aboard Orontes
Alden Drake, former sailor now acting captain, battles Jake Stevens and mutineers at Cape Town and Java Straits. Mary Manning fights by Drake's side as the crew clambers ashore and a tense escape plot unfolds aboard the Orontes. Drake asserts control, Stevens accepts defeat, and Mary chooses Drake over the mutinous captain.
MENTIONED IN THIS ARTICLE
Alden Drake
Qrontes
Jake Stevens
Mary Manning
Cape Town
Stevens
Drake
Java
Mary
Ike
Jake
Japan Sees Rise in Child Suicides, School Report Shows
A report from Japan's education department psychological bureau reveals 2316 child suicides in ten years with 427 in the most recent year. The agency notes a troubling trend and urges attention to student welfare and mental health resources.
MENTIONED IN THIS ARTICLE
Associated Press
Tokio, Feb
Japan
Psychological Bureau
Department of Education
Also Mentioned on This Page
Yours
Christ
Helena
Western Railway
Wates
N.S. and
R. Report
Williams Pay
Wise
John Parkhurst
Yerkes Observatory
Wares
Ters
Captain Redingle
E.dingle
Ed Brentano
Gee’ Nee Ay
Steward
Tubbs
Sims
Joe Bunting
Bis
Miss Manning
Green Point
Bunting
Joe
Batavia
Little Joe
Ife
Jaketevens
Orontes
Wrigleys
Weggenman Market
State St
Helen Bey
F. W. Bangert
Telephone
Burpee
Burpee’s
Fordhook
W. Atlee Burpee CO. Seed Growers
Philadelphia
Puro
RE. D
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