Bullish rally sweeps NY stock market after Bank rate cut signal
Prices across leading exchanges surged as speculation and investment demand hit new highs. New York trading opened late with heavy buy orders pushing active issues up to 30 dollars a share. later profit taking trimmed gains but many readings showed solid rises. London reports Bank of England rate cut spurred confidence along with dividends from utilities and purchases like United States Steel acquiring Columbia Steel, signaling easing credit and fresh industrial activity.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Reading
New York Stock Exchange
Ne York
London
Bank of England
United States Steel Corporation
Columia Steel Company
California
Muartet
New York Federal Reserve Bank
Warsaw Diet Invaded by Polish Dictator
Marshal Józef Piłsudski, former dictator, led 80 officers to the parliamentary building in Warsaw and halted the opening session of the diet. The clash postponed Parliament as Piłsudski and Speaker Tynace Daszinski prepared to meet President Moscicki to resolve the crisis.
MENTIONED IN THIS ARTICLE
Warsaw
Joseph Pilsudski
Poland
Tynacce Daszinski
Moscicki
Big Steel Merger Formally Bared In Record Action
New York Oct 31 AP United States Steel announced it would acquire Columbia Steel of San Francisco for about 240.62 million in US Steel common stock. The purchase places US Steel plants across major Pacific coast and national steel centers, expanding its production footprint.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
Columbia Steel Corporation
San Francisco
Columbia Steel
Pacific Coast
Reduction of Brokers Loans Relieves Tension in Panic Week
New York reports a weekly drop of more than a billion in brokers loans the largest in any week, while New York banks face heavy loan increases and corporations withdraw funds. The Federal Reserve eased credit by rediscounting and purchasing securities as the Bank of England nudged rates to curb gold flow and Wall Street fears.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Federal Reserve Bank
Federal Reserve Board
Bank of England
Paris
London
Seven Lives Lost In Third Great Lakes Tragedy
Milwaukee October 31 seven lives lost as two freighters the Senator and Marquette collide twenty miles off Port Washington in dense fog. The Senator sank with 28 aboard after being rammed broadside, carrying 241 autos. Fifteen escaped in life boats and were rescued within an hour by Port Washington tug Dejos H. Smith. three others saved by the Marquette, marking the third major Great Lakes disaster in ten days.
MENTIONED IN THIS ARTICLE
Great Lakes
Milwaukee
Wis
Port Washington
Senator
Marquette
Indiana Harbor
Ind
Dejos H. Smith
Sugar Beet Laborer Accused Of Killing In Virginia City
Butte, Oct. 1 AP Harry Park sugar beet field laborer is jailed in Virginia City charged with shooting and killing K. Park at Jefferson Island last night. Police say Park, one of his employers, and H. B. Kong had been drinking and argued. Park shot Park in the face and then fired at Kong, knocking Kong's hat off. An inquest into the body of Park will be held Saturday.
MENTIONED IN THIS ARTICLE
Butte
Harry Park
Virginia City
K. 5
Park
Jefferson Island
H. B. Kong
Kong
Frozen hunter found in Absaroka Mountains
Billings Oct 31 The frozen body of Alva Williams 50 a hunter and trapper was recovered from three feet of snow in the Absaroka Mountains He had a broken shoulder from a fall and had fired his rifle many times in a futile effort to attract help Williams was the first Montanan to die this fall from freezing.
MENTIONED IN THIS ARTICLE
Billings
Alva Williams
Absaroka Mountains
Williams
Montana
Southern Lobbyist Quizzed in Capital
Washington hearings revealed the Southern Tariff Association spent about 340 000 annually, per president John Henry Kirby of Houston, who denied advocating lower lumber tariffs. Vice president J A Arnold testified members set tariff rate needs and lobbied before House and Senate committees. A new investigation angle arose from a Hill letter accusing an aviation trust in Washington backed by Senator Bingham.
MENTIONED IN THIS ARTICLE
Washington
Southern Tariff Association
Senate
John Henry Kirby
Houston
Texas
Kirby
Ager
J. A. Arnold
House
Sentate
Caraway
Thomas L. Hill
The
American Society For Promotion of Aviation
Air Trust
Bingham
Connecticut
Tardieu to attempt French cabinet formation
Paris October 31 AP The task of forming a cabinet under cession to the Briand government will be undertaken by Andre Tardieu former French high commissioner in the United States The presidential invitation to Tardieu signals a drift in the parliamentary situation toward the right following failed radical socialist efforts.
MENTIONED IN THIS ARTICLE
Paris
Briand
Andre Tardieu
United States
M. Tardien
Deaamergue
Chicago
Carterie Haven
Evelyn Burd
Louisville
M. Tardieu
Flora Parker de Haven
Edouard Dal
Carter
Aater
Etienne Clementel
Marjory
Reed letter accuses some senators of endangering agriculture by tariffs
Washington oct 31 ap senator reed republican pennsylvania released a letter to f e murphy publisher of the minneapolis tribute arguing american agriculturalists cannot improve their lot by dragging industry to common misery he charged others are pushing industry down and warned tariffs could mobilize millions of industrial workers against agriculture the response from senator schall republican minnesota framed the move as an attempt to link agriculture to industry despite disagreements over tariff policy
MENTIONED IN THIS ARTICLE
Washington
West
Reed
Pennsylvania
F. E. Murphy
Minneapolis
Sen. Schall
Schall
Minnesota
Shipstead
Harvard Scientist Says Wheeler Idea Futile
The federal power commission’s hearing on the Flathead project extended into its fourth day with potential continuation to Saturday. Harvard metallurgy professor Arthur Wells testified that Wheeler’s plan to create a large fertilizer and cement industry in Montana is impractical, though Wheeler pressed for wide cross examination on cement and fertilizer processes.
MENTIONED IN THIS ARTICLE
Harvard
Washington
Flathead
Federal Power Commission
Wilbur
Wheeler
Mortana
Dan M. Kelly
Montana
Kelly
Wells
Ayer
Kerr
F. M. Kerr
Rocky Mountain Pager Company
Arthur E. Wells
Harvard University
Wheeler Bubbie
Intermountain Union College Names Dr Wendell Brooks President
Dr Wendell Brooks educator and Wheaton College education head formally accepts the presidency of Intermountain Union College. He was elected unanimously by the trustees on October 23 and notified the board from Helena after meetings with trustees and local leaders. He plans to assume duties after early next year following arrangements with Wheaton College.
MENTIONED IN THIS ARTICLE
Wendell &, Brooks
Wendells. Brooks
Wheaton College
Wheaton
Intermountain Union College
Brooks
Helena
David J. Donnan
Board of Trustees
Intermountain Union
Chicago
Brook
Star apple nipper suffers jaw dislocations in practice
In Louisaire Kentucky Ort 31 AP report, red Ormes of Louisville's Halloween apple bobbing team was active in practice. During a daring bite at an extra apple, he dislocated both jaws, ruling him out for the season.
MENTIONED IN THIS ARTICLE
Louisaire
APJ
Red Ormes
Louisville
Ormes
Wealthy real estate operator dies in Cicero office
Chicago Oct. 31 AP Stock market losses were blamed by police for the death by own action of F. J. Kubec a wealthy suburban real estate operator whose body was found hanging in his Cicero office when employees returned from lunch Himan Mendelson a South Side resident attempted suicide by gas but was revived in a separate incident connected to the day’s turmoil
MENTIONED IN THIS ARTICLE
Chicago
Nolice
F. J. Kubec
Cicero
New Trial for Fall To Be Sought Today
Washington dispatch says Albert B. Fall seeks a new trial in the District of Columbia Supreme Court after being found guilty of taking a $100,000 bribe from Edward L. Doheny for Elk Hills oil lease. Defense cites 30 reasons to overturn the verdict while government opposes claiming a fair trial. If successful, Justice William Hitz may sentence Fall promptly after ruling.
MENTIONED IN THIS ARTICLE
Washington
Albert B. Fall
William Hitzwil
Prohibition Beaten in Nova Scotia Plebiscite
Halifax Oct 31 The tabulation from two thirds of polls in the plebiscite on liquor shows 14 700 more votes for government control than for keeping the prohibition law. The campaign by Prohibitionists and the Temperance Reform association lasted four weeks.
MENTIONED IN THIS ARTICLE
Halifax
N.S
Prohibitionists
Temperance Reform Association
British Premier Arrives Off Liverpool After Visit
Ramsay MacDonald and the Duchess of York arrived off Liverpool in the early hours after a U S and Canada tour addressing naval disarmament and Anglo American ties. The Duchess anchored in the Mersey near the port.
MENTIONED IN THIS ARTICLE
St. Dutchess of York
Lee
Ramsay MacDonald
Liverpool
United States
Canada
Duchess of York
Mersey River
World War Vet Killed by Fall in Kalispell
Kalispell news reports a World War II veteran, Archie A Camp, died after falling from a truck. He was employed by the city water department and left behind a widow and three children. The incident occurred October 31 with no further details available.
MENTIONED IN THIS ARTICLE
Kalispell
Archie
Teaiavera
Gasoline Tax Collections and Refunds Reported for October
State Board of Equalization data show October gasoline tax receipts totaling 589,692.32 dollars with refunds of 155,330.00. September collections were higher at about 563,000 dollars, with roughly 59,000 dollars remaining in refunds. Variations reflect differing monthly gasoline consumption and nonhighway uses. refunds arise for farm or non taxable uses.
MENTIONED IN THIS ARTICLE
State Board of Equalization
Farmers' Union Sits Told of Aid Board
Lewistown hosts the 16th annual Farmers' Union of Montana convention with 300 delegates. CL Talbot, president, criticizes farmers for not using federal farm board benefits and explains act provisions. Mayor O O Mueller welcomes delegates. Mrs Bronson responds. County agent leader Fred Nenmion addresses. Gov J K Erickson appears.
MENTIONED IN THIS ARTICLE
Farmers’ Union
Aid Board
Lewistown
O. CL Talbot
North Dakota Farmers
Wolon
Farmers’ Union of
Moviana
Federal Farm Board
O. O. Mueller
Bronson
Townspird
Fred Nenmion
Bozeman
J. K. Erickson
Eleven Injured In Kansas City Feed Mill Blast
Eleven men were injured in an explosion at the Pan-American Feed Company in Kansas City. A short circuit in slamping machinery is believed to have caused the blast, with damages estimated at 35 thousand dollars.
MENTIONED IN THIS ARTICLE
Kansas City
Pan-American Feed Company
PLEA FROM MR HOOVER IGNORED IN SENATE TARIFF FIGHT
President Hoover urged swift passage of the tariff bill but Senate Republicans split with many leaders calling the plan preposterous while Democrats and independents vow no compromise. Key figures Borah Norris Simmons Walsh Harrison promise quick action but demand thorough debate as Reed doubts any majority support.
MENTIONED IN THIS ARTICLE
D. Harold Oliver
Associated Press
Washington
Hoover
Senate
Ieaders
White House
Watson
Indiana
Borah
Idaho
Norris
Nebraska
Repubblican
Simmons
North Carolina
Walsh
Montana
Harrison
Mississippi
Trial set for alleged drunken killing of Newport infant
Bozeman records an upcoming district court trial for James Overstreet charged with son saughter in the death of Isabella Fox, one month old, daughter of Mr and Mrs Lewis Fox of Newport Washington. A coroner s inquest found Overstreet was driving while intoxicated.
MENTIONED IN THIS ARTICLE
Bozeman
Isabella Fox
Lewis Fox
Newport
Wash
James Overstreet
Overstreet
Wee Girl Burned at Halloween Party
Nancy Wright eight, dressed as a witch at a Halloween party, suffered severe facial burns when her wig caught fire from a candle. She was rushed to a local hospital and expected to recover. She is the daughter of Mr and Mrs George Wright of Livingston.
MENTIONED IN THIS ARTICLE
Livingston, Oct
Nancy Wright
Eicht
Focal
George Wright
Livingston
Illicit Match Ends In Double Tragedy
In Los Angeles on Oct 31 AP reports the bodies of Pearl Dwinell a 29 year old radio entertainer and Burns A Gilly a 51 year old real estate salesman found with bullet wounds in an apartment. Police say they lived together and believe Gilly killed Dwinell then committed suicide after a quarrel. The bodies were found by 13 year old Margaret Dwinell.
MENTIONED IN THIS ARTICLE
Los Angeles
Pearl Dwinell
Burns A. Gilly
Gilly
Auielde
Margaret
Also Mentioned on This Page
Tring
BIG Steel
Sevan
Hunter
Absaroka
Capital
Tardieu
Burd Bud
Senator Reed
Hhis
Rocky Mountain Power Company
Nova Scotia
Francis 5. Harmon
Ym.c A
Mr. Harmon
Sees Gaa
MR. Hoover
Coalition
Bill
Pennsylvanua
Wee Girl
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