Canada Newsprint Collapse and Postwar Market Echoes
Postwar deflation and a stock crash spark a Canadian newsprint crisis. Canada Power & Paper Co faces debt reduction after a $35.9 million debenture issue at 15 cents on the dollar, as investors endure a 40 percent capitalization cut. Analysts say war boom profits are over and prudent restructuring may restore future prosperity. American mills also brace for a downturn as readers face price pressures and supply shifts from Canada.
MENTIONED IN THIS ARTICLE
Canada
Star
The
the Star
Abiti Power’ & Paper.Co
Canadiato
Lew
Mails
Canada Power & Paper Co
Tts
Can
Dia
Detroit police seize suspect in welfare fund theft
Alexander F Lewis of Detroit was arrested amid a welfare fund theft probe. Investigators say he stole between 50000 and 60000 dollars from the sharp fund while earning 180 dollars a month as a public store clerk. Authorities note broader graft may follow as 207000 dollars reportedly disappeared.
MENTIONED IN THIS ARTICLE
Alexander F. Lewis
Detroit
Henry Ford
Murphy
Sfare Fund
Alexander F
Putomonl
Bling
Pexarkane Press
Figtons Cast in Collegiate Romance Film
The Figtons star in a tough romance with Merna Kennedy as the lead woman, Harry Stubbs as her husband, and Richard Tucker Kane Richmond and Wilson Benge among the supporting players. Director Charles Riesner presents this follow up to his earlier hits Caught Short and Reducing.
MENTIONED IN THIS ARTICLE
Figtons
Merna Kennedy
Gold Digger
Harry Stubbs
Husbandd
Richard Tucker
Kane Richmond
Wilson Benge
Charles Riesner
Hope News Briefs Show Local Grit and Preparations
Reports from Patmos and Hi Lee Allen reference Thursday travels to Prescott. Council hires John B. Moses as street commissioner. Marshal Hamilton led a raid on a blind tiger at the old livery with 100 bottles seized. American Legionnaires and Hope business leaders plan a July Fourth publicity hike. A Be Bryant of Ozan delivered the season’s cotton bloom. Dr E E Gook and family, formerly of Hope, will join Theo P Witt's car arrival this week.
MENTIONED IN THIS ARTICLE
Thomas
J. A. ‘Thomas
Patmos
Lee Allen
Prescott
John B. Moses
Marshal Hamilton
Hempstead
Hope
Iby A. Be ‘Bryant
Ozan
Theo P. Witt
Stepping Out Opens Thursday at Saenger Theatre
The MGM romance Stepping Out debuts Thursday at the Saenger Theatre with Charlotte Greenwood Leila Hyams Reginald Denny Lilian Bond and Cliff Edwards in key roles. Greenwood stars with long legs famed from Parlor Bedroom and Bath while Hyams recent films include Way of a Sailor and Geneman's Fate. Denny plays the henpecked husband and Bond makes her screen debut as a vampish gold digger.
MENTIONED IN THIS ARTICLE
Saenger
Metro- Goldwyn-Mayer
Charlotte Greenwood
Leila Hyams
John Gilbert
Reginald Denny
Bath
Lilian Bond
New York
Cliff Edwards
Also Mentioned on This Page
Ceri Ty
Reginald
Denny
Aeila Hyams
the Saenger
Rail Road
Ane
SANS
Tyans
Jo Gee
IRS
Liggett & Myers Tobacco Co
Sfhone
Lloyd Spence
Thalebeike
Roy -Stephen- Ron
General Motors
K.G. McRae Hard- Ware Company
Aoelited A
K. G. McRae
J .H.V. Robison
Chevrolet
J. W. Frith
Frith
Hope Heading CO
Hope, Ark
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