Private financing declines as government outlays rise
Hollywood Beach Florida December 3 1941 private industrial financing shows a marked drop while government funding for new plant construction surges. Albert H Gordon of Kidder Peabody warns postwar government control could outpace private enterprise as the Investment Bankers Association notes 4 billion dollars in new plant construction in 11 months ending September 30 versus 693 million in private financing for the same period. Malcolm Muir Voices concern over wartime influence on industry.
MENTIONED IN THIS ARTICLE
Hollywood Beach
Fila
Investment Bankers’ Association of America
Industrial Securities Committee
Albert H. Gordon
Kidder, Peabody and Company
New York
Gordon
Malcolm Muir
Newsweek
Propaganda Theme Emphasizes Thrift and Personal Savings
The text stresses saving and thrift over government plans, urging individuals to pay debts and prepare for the future through personal savings instead of relying on state programs. It frames fiscal responsibility as essential for stability and security.
Bossy Gillis Defeated In Jail Run For Mayor In Newburyport
Andrew J. Bossy Gillis, jailed ex mayoral candidate, loses to John M. Kelleher 3859 to 2882 in a non-partisan race. Gillis, serving a nine month sentence after rebelling against a judge in his newspaper, acknowledged defeat and pledged to press his case after release.
MENTIONED IN THIS ARTICLE
Newburyport
Mase
Andrew J. “Bossy” Gillis
Gillis
Seacoast
John M. Kelleher
Gills
the “Asbestos
Kellemer
Water project to start supplying Camp Livingston from Pollock
Alexandria announces a $629,009.20 water system to deliver four million gallons daily from Big Creek via a 6 1/2 mile 6 inch pipeline to Camp Livingston. Contracts cover a $91,460 pumping station, a $199,000 filtration plant, and a $251,240.26 pipeline built by Delione Construction. Black and Veatch design, $40,000 supervision. power line by L. C. Brayton, completion set for May 1, 1942. The system will replace 2.5 million gallons from 14 wells and boost pressures at Alexandria, Camp Beauregard, and Esler field.
MENTIONED IN THIS ARTICLE
Alexandria
Camp Livingston
Big Creek
Pollock
Co. Y. Farrell
C. H. Treadwell
Shreveport
Delione Construction Company
Dallas
Tex
L. C. Brayton
Dyersburg
Tenn
Black and Veatch
Kansas City
Farrell
Camp Beauregard
Esler Field
Engineer Sees Chance Of Big Worker Boost
A wartime production plan foresees employment rising to 57 million by 1943 with 43 hour weeks and output at 410 billion dollars. Defense will take 3 percent of that, while peacetime needs require 13 billion for factories, 10 billion for housing and public works, and a private shelf of projects totaling about 23 billion annually.
MENTIONED IN THIS ARTICLE
Mr. Prince
Speech Club Readies Play Janey at Northeast Junior College
Last minute preparations for a three act play titled Janey by the Speech Club of Northeast Junior College proceed for December 5 in the college auditorium. Directors Edward Longerich and Fred Young supervise scenery and props as rehearsals continue. Two performances are planned with a matinee at 1:30 and an evening show at 8:15. tickets available at the college bookstore or from club members.
MENTIONED IN THIS ARTICLE
Janey
Northeast Junior College
Edward Longerich
Fred Young
College Assembly
Speech Club
Fire defense units urged for city safety prep
Bogan urged each community to form its own auxiliary fire unit as government aid hinges on proven organization. Captain Cook detailed bomb and gas defense training, noting civic shelters and the need to prepare for gas attack. Attendees included representatives from Twin Cities, Bastrop, Tallulah, Natchitoches, Shreveport, Ruston, Bossier City, and Minden.
MENTIONED IN THIS ARTICLE
Bogan
Captain Cook
Edgewood
Washington
New York
Cook
Coventry
England
United States
Ethiopia
Twin Cities
Bastrop
Tallulah
Natchitoches
Shreveport
Ruston
Bossier City
Minden
German Medical Officer Shot in Paris Curfew Imposed
The German command in Paris announced that a German medical corps officer was shot last night on Boulevard Magenta. A curfew of 6:30 p.m. was imposed on the entire 10th arrondissement, to continue indefinitely with authorities reserving further harsh measures.
MENTIONED IN THIS ARTICLE
France
Paris
Boulevard Magenta
Rail Settlement Tabs Disclosed by White House Peacemaker
Washington reports a wage settlement ending a railroad worker strike threat. President Roosevelt announced terms after a presidentially-appointed board bridged management and union talks. About 900,000 non operating workers gain 80 cents daily and 350,900 operating workers get 76 cents daily, with retroactive boosts totaling 7.5 percent and 13.5 percent respectively. Total yearly cost to owners ranges 300 to 325 million dollars. Permanent raises replace temporary boosts on December 1, with union ratification due Thursday.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Roundhouse
Health units to be built across parishes in state plan
Parishes will receive health units including local water testing clinics and milk and blood testing facilities funded by multiple cities and parishes. A separate $248000 laboratory will be operated by the state department in Baton Rouge with six to eight weeks before construction begins on municipally donated sites.
MENTIONED IN THIS ARTICLE
Baton Rouge
State Department
Alexandria
Leesville
DeRidder
Lake Charles
Lafayette
Cowley
Natchitoches
Winnfield
Marksville
Ville Platte
Glenmore
LeCompte
Colfax
Bunkie
Oakdale
Jena
Bossier Parish
Ouachita Parish Medical Society to Host Banquet and Election
The Ouachita Parish Medical Society led by President Dr H S Coon will hold its annual banquet at Hotel Virginia on Thursday at 7 p.m. A film will be shown for medical members and Dr C Karles Smith pastor of First Methodist Church West Monroe will deliver an address. Program chairman is Dr J E Walsworth with committee members Dr J Q Graves Dr F C Bennett and Dr A E Fisher.
MENTIONED IN THIS ARTICLE
Ouachita Parish
F. C. Bennett
A. E. Fisher
Northamptonshire women create 10000 pounds jam under scheme
London reports that women in Northamptonshire have produced 10000 pounds of fresh fruit jam through the national cooperative fruit preserving scheme to stockpile winter food supplies.
MENTIONED IN THIS ARTICLE
London
Northamptonshire
Bolsa Chica Gun Club to Divide $6 Million Amid Dissolution
Los Angeles dispatch recalls the Bolsa Chica Gun Club founded in 1899 by 13 southern California sportsmen who bought into 2000 acres. Oil on the property fueled a prosperous era, and now stockholders meet to split $6,000,000 and dissolve the company by parceling the land.
MENTIONED IN THIS ARTICLE
Bolsa Land Company
Huntington Beach
Bolsa Chica
Tax attorneys discuss bulk profits and tax cuts for gun club
Tax attorneys note a potential 50 percent federal tax on 1942 profits and up to 80 percent in 1943, as the unique gun club's corporate set up undergoes dissolution. Bolsa Chica dissolves into pockets, each containing a share of gold.
MENTIONED IN THIS ARTICLE
Bolsa Chica
Scouten Talks On U S Culture At Lions Luncheon
A. H. Scouten was the principal speaker at the Lions Club luncheon at Hotel Frances on Tuesday noon. He discussed The American Cultural Pattern, noting Americans once studied in Europe but now the United States has developed its own culture as Europe shrinks under the Nazi era. Miss Beverly Martin presented a baton dance, with Miss Violet Ethridge, to enthusiastic applause. Mrs. L. P. Landry attended as a dinner hour guest.
MENTIONED IN THIS ARTICLE
A. H. Scouten
Lions Club
Hotel Frances
Europe
United States
Beverly Martin
Violet Ethridge
L. P. Landry
Stonewall Lodge to Name Officers Election
Stonewall Lodge Knights of Pythias will hold its election of officers at the meeting Thursday at 7 30 pm. A J Lester chancellor commander urges all members to be present.
MENTIONED IN THIS ARTICLE
Stonewall Lodge
Knights of Pythias
A. J. Lester
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