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Middletown Journal in Middletown, Ohio

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Newspaper

Middletown Journal

Location

Middletown, Ohio, United States of America

Date

Sep 16, 1959

Page

14

Business In '29 Sounds Familiar As Markets Breathe

AP recounts how 1929 business mood mirrors today with strong employment, ample cash in corp coffers, and rising dividends. It notes stock speculation, high money rates, competitive retail, and concerns about reforms, while citing 30 years ago forecasts and market fragility alongside modern comparisons.

New York Business Week Congress Federal Reserve Board Capitol Hill Wall Street

Texas Cannot Block Humble Magnolia Merger

Texas Atty. Gen. Will Wilson says no legal basis to stop the proposed reorganization of Humble Oil and Refining Co. and Magnolia Petroleum Co. Humble would become the sole domestic subsidiary of Standard Oil of New Jersey.Reports had hinted at a routine antitrust review by Wilson’s office.

Austin Texas Will Wilson Humble Oil and Refining Co Magnolia Petroleum Co Humble Oil Standard Oil of New Jersey

Also Mentioned on This Page

New York Stock Exchange Secretary of the Treasury Andrew Mellon U.S. Treasury Paris Ohio Wilson Ays BUGS Philco Admiral Dave
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