Bankruptcy Threats Fade As Railroads Show Upswing
Roger W. Babson notes a shift from near bankruptcy to revived railroad prospects. He cites freight carloadings climb from June lows toward 600000, potential $485 million in yearly savings from rate hikes wage cuts and efficiency, and possible profits amid reduced deficits, with continued cost controls and staffing adjustments.
Professor Beware Returns Top Comedian Harold Lloyd at Paramount
Harold Lloyd returns to the Paramount Theater in Professor Beware a comedy about an archaeologist seeking work. He teams with Raymond Walburn Lionel Stander William Frawley and Phillis Welch in a cross country misadventure with a desert night and a jail miscued wedding ending with Lloyd marrying an heiress to dodge the law.
MENTIONED IN THIS ARTICLE
Paramount
Harold Lloyd
Paramount Theater
Professor Beware
Lloyd
Raymond Walburn
Lionel Stander
William Frawley
Cora Witherspoon
Phillis Welch
Miss Welch
New York
Stander
Walburn
Selecting a wooded lot for a shade tree home
The article warns that many fine homes sit on treeless lots and urges choosing a wooded site. It notes trees take decades to mature, forecasts only about ten percent survive to maturity, and cites risks from injury pests and storms. It also advises selecting desirable trees and planning to avoid sacrificing mature trees for construction.
MENTIONED IN THIS ARTICLE
Waa
Investor caution as railroad securities rally projected
The article argues that potential savings could allow carriers to pay bills and interest, easing fears of receivership for now. Yet it warns underlying long term problems persist, advising investors to trim railroad holdings while prices rise and avoid a crowded exit.
Analysis Shows Mixed Weekly Uptrend In U.S. Business
Washington analysts say the nations business showed a gradual gain with no standout developments. Steel and railroads strengthened while auto production fell to a 1938 low and consumer goods held steady. Wall Street gains and rising inventories hint at cautious optimism for fall trade.
MENTIONED IN THIS ARTICLE
Thomas FE
Flanagan
Washington
Consumers Goods
Wall Street
Othr Facta
Commerce Department
American Iron & Steel Institute
Pittsburgh
Ward
Association of American Railroads
Savings Advance For New Homes
The Federal Home Loan Bank board announced advances by savings and loan associations for purchase construction and improvement of homes total $63,536,000 in June. This is 2 percent higher than May and follows a rebound after a winter dip. June 1937 loans were $78,667,000 and June 1936 loans were $57,462,000.
MENTIONED IN THIS ARTICLE
Washington
Federal Home Loan Baok Board
Savings and Loan Associations
Ruth's Adopted Daughter Progresses In Hospital
Babe Ruth’s 22-year-old adopted daughter Julie showed improvement in the New York hospital while Ruth himself remained too weak to autograph items. Ruth had donated a 50 cubic centimeter blood transfusion for Julie the previous day as a motor cycle police escort escorted him from Ebbett’s Field where he coaches the Brooklyn Dodgers to the hospital.
MENTIONED IN THIS ARTICLE
New York
Babe Ruth
Julie
Ruth
Ebbett's Field
Brooklyn Dodgers
Ohio May Lose Pension Help
The Social Security Board announced it would investigate whether Ohio should be cut from the old age pension list due to alleged political activity by Governor Martin L. Davey and H. J. Barrodin chief of the state's 41 division of aid for the aged. The board said Barrodin had appealed to pension recipients to vote for Davey, citing a letter found with pension checks and a similar recall letter regarding Davey’s role in securing funds.
MENTIONED IN THIS ARTICLE
Washington
Social Security Board
Ohio
Martin L. Davey
H. J. Barrodin
Davey
Berrodin
Wan
Boredin
Florida Governor Cone Recovers From Heart Attack
Jacksonville report says Governor Fred P Cone was removed from an oxygen tent after a coronary thrombosis on July 29. Dr Stanley Erwin stated the condition is good and recovery should continue without complications, with a return to Tallahassee in a few weeks.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
Stanley Erwin
Fred P. Cone
Florida
Cone
Erwin
Tallahassee
Mechanics Warn on Driving Habits Hurting Fuel Economy
Experts note that dragging brakes excessive choking high speeds and engine racing while idling waste fuel and harm economy.
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Beard
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Thomasville
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Warren Hull
Wynne Gibs
June Travis
Ricardo Cortez
Phyllis Brooks
Mary Astor
Richard Allen
Jack Luden
High Point
Charlie McCarthy
Adolphe Menjou
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Edgar Bergen
Walt Disney Cartoon
Donald the Duck
Donald
George Murphy
Ann Sheridan
Paramount News Events
F.C. Thomas
Leonard Dry Cleaning Coming
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North Main Street