Self-Sufficiency Urge Reshapes Global Trade Patterns
SAM DAWSON notes a DIY national trend as nations seek independence from war and whim risks. Britain and India shift from buyers to exporters while U S textile markets shrink. Europe expands refining capacity and Iran's Abadan loss is offset by European plants.
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Sam Dawson
New York
Globe
Britain
India
U. S
Europe
Abadan
England
Iran
United States
Far East
RKO Stockholder Sues Hughes For A Million
A stockholder Milton Freedman sues RKO Pictures executives Howard Hughes and Ned Depinet in Federal Court alleging insider information from their dominant control, claiming they earned about a million dollars in a stock transaction and should return the funds to the studio. The suit notes Hughes was linked to a large sale and repurchase involving a Chicago syndicate last year.
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Los Angeles
RKO Pictures Corp
Howard Hughes
Ned Depinet
RKO
Milton Freedman
Freedman
Hughes
Depinet
Ralph Stolkin
Chicago
Swedish Captain Held In Sinking Of Turkish Sub
Canakkale Turkey Swedish ship captain Oscar Lorentzon is jailed on charges of at least partial responsibility for the Dumlupinar disaster after the 4000 ton Naboland collided with the Turkish submarine in the Dardanelles. The sub sank with 81 dead, five men saved. Police cited Article 383 of the Turkish penal code governing deaths in maritime accidents due to negligence. No action against the submarine’s captain announced.
MENTIONED IN THIS ARTICLE
Canakkale
Turkey
Dardanelles
Oscar Lorentzon
Naboland
Lorentzon
Chilean newspaper strike settled after one day
Chile news papers returned to sale in Santiago after a one day strike by news vendors. They won a five percent wage increase. A separate Middletown Ohio city resolution details Burton Road improvements with grading, graveling, bituminous surface treatment, storm sewers, sidewalks and curbs. The project funds, plans, and assessments support ten annual installments with interest.
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Santiago
Chile
Burton Road
Central Avenue
Grand Avenue
City Commission
Middletown
Butler County
Ohio
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