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Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
Jun 03, 1922
Page
31
New York June 3. Business failures across the country fell 7.4 percent to 1,803 in May from April according to Bradstreet's. The total was 33.7 percent below January's record month but 25 percent above May 1915. May's liabilities reached $48,164,378, down 33 percent from April and 17 percent below May 1921, yet vastly higher than May 1919 and 1916 levels.
Mortimer L. Schiff of Kuhn Loeb & Co says corporation lawyer Thomas L. Chadbourne is the real promoter behind a merger of major steel firms. Initial targets included Republic Iron and Steel, Youngstown Sheet and Tube, Steel Tube Company of America, Midvale Steel, Inland Steel, Lackawanna, and Brier Hill. later focus narrowed to Republic, Inland, and Midvale. Schiff refused to produce merger papers at first, citing private property, then said he would consult his lawyer about furnishing documents.
Traverse City Michigan June 3 mayor L Swanton orders to arrest any woman or girl seen on the streets wearing knickers threatening public order and police chief to enforce the rule in the city.
Paper matrixes the size of a newspaper page offered for sale for lining chicken coops garages or similar uses. Text notes they are available at the News Office.
The mayor announced his stand against immoral dress, saying he will protect boys from temptations. He faces opposition from local women's clubs and some pastors who call the order too drastic.
The New York stock market opened with a steady tone on June 3 as U S Steel led gains. Traders watched energy and industrial shares while overall indices edged higher amid cautious optimism.
Notice to contractors from Mercer Borough for bids on grading and paving Butler street Mercer Pa due 8 pm June 28 1922. Bids may cover concrete paving gravel base brick block paving and various bases with State Highway specs. Bid security and bonds required. Boro reserves right to reject bids and waive formalities.
California Petroleum eased two points to 68 3 4 while Mexican Petroleum climbed 16 8 to 142 8 4. Tomacco Pro ducts rose 1 2 to 81 and Dupont advanced two to 183. Reading edged up 1 4 to 76 1 4.
A cord of heavy hardwoods including oak beech birch maple ash elm locust and some cherry varieties provides heating value equivalent to a ton of coal.
The County Commissioners of Lawrence County Pennsylvania invite bids for six hundred one thousand dollar bonds dated July 1 1922 bearing 4.5 percent interest payable semi annually, redeemable from July 1 1923 to July 1 1951. Bids due June 19 1922 at 2 00 pm at the Court House New Castle with a four thousand dollar certified check. county may reject any bid.
Letters testamentary granted to Walter S Gordon by the Lawrence County Register of Wills urge all debtors to pay and all creditors to present claims promptly. Attorney: C H Akens, 1914 E Washington St. Notices run April 29 and May 6 13 20 27 and June 8.
Pennsylvania State Highway Department invites sealed proposals for reconstructing 27 081 linear feet of one course reinforced concrete pavement 18 feet wide on Route No. 79 in Shenango and Slippery Rock Townships Lawrence County Bids close at 10 a m June 28 1922 with awards soon after Bidding blanks specs and plan sets available free from the department in Harrisburg and offices in Philadelphia Pittsburgh and New Castle George H Biles Assistant State Highway Commissioner Legal May 27 June 8 10
Two Southern California women rise from modest jobs to oil wealth. Nina Smythe goes from $18 weekly laundry work to $100 daily as an oil queen after a land investment and an oilman’s lease. Elva Beers, once a La Habra waitress, earns $15,000 upfront with a one sixth oil interest promise amid promising wells near Santa Fe Springs.
Admitted: Frank Beal Bessemer Mrs Margaret DeWolf North Mill street Thomas Barnes Ellwood City. Discharged: Frank Crescito Long avenue Mrs Carl Wellenhouser New Castle R D No Lt Arthur Wilkinson Ellwood City Harold Mc Cartney Clayton street Albert Hoff man R D No 7 Frank Shatter New Castle.
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