New Wilmington Bank Plan Approved by Currency Comptroller
The United States comptroller of currency approved a plan to form a new national bank in New Wilmington replacing the First National Bank of New Wilmington. Depositors would receive 50 percent of unsecured deposits, and the bank will assume secured deposits. The new bank will buy assets from the old bank, use existing facilities, and stockholders face no double assessment under the 1933 act. Continued on page two.
MENTIONED IN THIS ARTICLE
National Bank
New Wilmington
First National Bank of
United States Comptroller of Currency
C. P. Cloak
A Py
Chicago
France Enacts Isolation Policy Aims Two-Year Recovery Plan
Paris reports the French government will impose a surtax on American goods as it pursues a two year program to rehabilitate industry and agriculture. Premier Daladier’s cabinet signals a firm isolationist stance amid U S resistance to a currency stabilization deal.
MENTIONED IN THIS ARTICLE
International News Service
Paris
International
America
Daladier
Canadian Elected Rotary International President in Boston
John Nelson of Montreal becomes the first Canadian to hold the Rotary International presidency in a decade at the Boston convention. The selection marks a historic milestone for Canadian Rotary members and underscored by the annual gathering.
MENTIONED IN THIS ARTICLE
Rotary International
Boston
John Nelson
Montreal
Bost On
Industrial revival and local notes on heat and wildlife
Announcement that the Lehigh Portland Cement plant will resume immediately and the Buckeye plant is now in use for manufacturing brings cheer to the East Side. Residents report intense heat with 95 degrees in the afternoon and humid air after morning fog. Swimmers warned after injuries and a death from shallow-water diving. Birds migrate over North Hill as locals hear noisy swoops. Bass season begins July 1 on Saturday.
MENTIONED IN THIS ARTICLE
Lehigh Portland
Buckeye
Butler Avenue
Daily Weather Report U. S. Weather Statistics
The 24 hour period ending at 9 AM recorded a maximum of 95 and minimum of 63 degrees with no precipitation. River stage was 4.1 feet. A year ago the date showed a max of 76 and min of 60 with 1.05 inches of rain.
MENTIONED IN THIS ARTICLE
U. 8
Kuhn Loeb relied on commerce report for Chile loan
Kuhn Loeb and Co. used a Department of Commerce recommendation to back a 90 million dollar Chilean loan that later defaulted, costing 76 million for American investors. Benjamin J. Buttenwieser testified to the senate banking inquiry that the firm could not appraise the mortgage bank of Chile. Ferdinand Pecora pressed the issue as other tax questions arose about Kuhn Loeb partners. Norman H. Davis, president, was noted as the inquiry continued.
MENTIONED IN THIS ARTICLE
International News Service
Washington
Kuhn Loeb and Co
New York
Department of Commerce
Benjamin J. Buttenwieser
Senate Banking Inquiry Today
Kuhn Loeb
Mortgage Bank of Chile
Ferdinand Pecora
Senate
Kuhn Loeb Partners
Norman H. Davis
Girl Injured Diving Into Water At Slippery Rock
Miss Louise Aiken a 15 year old from Edgewood Pennsylvania sustained a forehead laceration when she dove into shallow water at McConnell's Mills Slippery Rock. She was taken to Jameson Memorial hospital where several stitches were used to close the wound and she was later discharged.
MENTIONED IN THIS ARTICLE
Louise Aiken
Edgewood
McConnell’s Mills
Aiken
Jameson Memorial Hospital
Increase Work For RR Clerks Across Pennsylvania System
The Erie and Ash Tabula division of the Pennsylvania railroad announces that starting Saturday July 1 unclassified clerical staff will gain two of the six off days per month that have been unpaid since last March. The change affects the entire system with one day added to each half of the month reducing pay cuts from 28 to 22 percent. Bridge maintenance plans proceed as traffic rises and optimism grows for future results.
MENTIONED IN THIS ARTICLE
Erie & Ashtabula Division
Pennsylvania Railroad
Pennsylvania
Cornerstone Ceremony Committees Named for New Castle Post Office
The executive committee led by Mayor Charles B. Mayne announced committees for the Friday cornerstone laying of New Castle's post office and federal building. The 5 pm ceremony will be open to the public with flags urged along Washington Street. Judge R. Lawrence Hildebrand will preside. R. F. Galbreath heads speakers. Postmasters from 75 cities invited. Fall roster lists many local figures on the Men’s reception committee and other groups.
MENTIONED IN THIS ARTICLE
New Castle
Charles B. Mayne
Mayne
Washington Street
26Th Congressional District
Prem Detroit
A. W. Kutsche
A. W. Kutsche Company
Eral
R. Lawrence Hildebrand
R. F. Galbreath
Westminster College
Mr. Mayne
Miles E. Myers
Lake 8. MacNab
R. A. Eckles
Horace Stone
Wilbur J. Baer
Orville Brown
George Tr. W
James A. Chambers
Johns. Powers
Ralph M. Campbell
William Broe, Jr
Harold C. Hunter
Orville Potter
W. Walter Braham
Adolph Green
John 8. Wallace
Alfred W. Chilton
P. J. Flaherty
David
Pyle
James W. Smith, Sr
Walter W. Duff
George D. Blair
Lee E. Allen
Ceorge W. Muse
H. C. Harner
Hy Nen Frank
Golden wedding marks Berwick couple’s fiftieth anniversary
BERWICK Pa June 28 a golden wedding was celebrated with the bride’s parents as guests of honor Mr and Mrs H Morden observing their fiftieth wedding anniversary Mrs Morden’s parents Mr and Mrs Chester Warner have been wed sixty seven years
MENTIONED IN THIS ARTICLE
International News Service
Berwick
H. Morden
Russians Launch Siberian Search For Missing Flier
Soviet authorities ordered a hunt for James Mattern the Texas aviator missing after attempting a circumnavigation. Fifteen planes from remote eastern districts sweep the Gulf of Anadyr St Lawrence Island and the Behring Straits region seeking the Century of Progress aircraft and possible survival signals.
MENTIONED IN THIS ARTICLE
Gulf of Anadir
St. Lawrence Island
International News Service
Moscow
Helief
Siberian
Sennment
James Mattern
Texas
Behring Straits
Moley Returns to Push Dollar Stabilization Link
Assistant Secretary of State Raymond Moley arrives in London to press U S currency stability at the world economic conference. Delegates are urged to back tying the dollar to the pound and franc or risk failure and U S blame, with Moley aiming to impress and steer negotiations.
MENTIONED IN THIS ARTICLE
George R. Holmes
Corr
Geological Museum
London
Raymond Moley
Washington
United States
World Economic Conference
Moley
Death Notice for Nathen Rabinovitz in Cleveland
Nathen Rabinovitz, 83, of 223 North Mercer Street, Cleveland, Ohio, has died. Funeral arrangements are pending with local authorities and family members.
MENTIONED IN THIS ARTICLE
William Barton
Cleveland,hio
Nathen Rabinovitz
North
Mercer Street
Tragic auto crash injures Chambers family near Wellington
Mrs. Pearl Edna Chambers is killed in the crash seven miles west of Wellington Ohio. Her husband Thomas E. Chambers and their eight year old son Robert are seriously injured and hospitalized in Elyria. X rays indicate possible broken bones and chest injuries. James Cassidy of West Penn Forwarding Company was the other driver in the incident.
MENTIONED IN THIS ARTICLE
Pearl Edna Chambers
Thomas E. Chambers
Sumner Avenue
Mr. Chambers
Robert
Wellington
Jameson Memorial
Little Robert
Ivor C. Richards
Thomas W. Dickey
Chambers
Detroit
James Cassidy
West Penn Forwarding Company
Pittsburgh
War Veterans Enlist for Civilian Conservation Corps
Examination of sixty one World War veterans from Lawrence Butler Mercer and Venango counties began this morning at 11 oclock in the Sons of Veterans hall City Building under the supervision of local veterans groups seeking peg in the Civilian Conservation wps program.
MENTIONED IN THIS ARTICLE
Lawrence
Butler
Mercer
Venango
Civilian Conservation
Sons of Veterans Hall
Lunch with German ace Udet and Mussolini flyer in Beverly Hills
Special to The News reports a Beverly Hills studio lunch with Ernst Udet the top German ace and Lieut. Falconi Mussolini’s acrobatic flyer. They discuss parachutes and wartime fears noting Udet survived eleven days after his plane was shot down and reflecting on saved lives.
MENTIONED IN THIS ARTICLE
Beverly Hills
Cal
Udet
Lieut
Falconi
Mussolini
Germany
Wall Street Rebounds Like Olden Times Says Veteran Observer
Wall Street shows a mild boom with shares rising since mid April and fortunes recouping. Executives such as Loree Meehan Cutten and Sinclair are reportedly active in multiple deals as thousands of employees are recalled after earlier layoffs.
MENTIONED IN THIS ARTICLE
James L. Kilgallen
News Service
International News Service
New York
Wall Street
Financial
Loree
Meehan
Cutten
Sinclair
Aids Mystery Woman Key Factor in Lamson Case
Mrs Ernest Dunbar niece of former President Hoover and daughter of Stanford Dean Theodore Hoover has spent time with San Jose district attorney officials in the Lamson murder inquiry. The Dunbars, close friends and neighbors of Mrs Lamson, are linked to the investigation. David Lamson is charged with his wife Allene Lamson’s death, found in a bathtub on the Stanford campus.
MENTIONED IN THIS ARTICLE
Ernest Dunbar
Hoover
Theodore Hoover
Stanford University
District Attorney’s Office
San Jose
Cal
Lamson
Dunbars
David Lamson
Allene
Stanford
Neff sentence appealed after murder conviction
Cyrus H. Neff a 51 year old Canfield lumber dealer was freed on a 40000 bond pending appeal of a second degree murder verdict for the fatal shooting of his wife last October. Judge Geo H. Gessner delayed execution of a life sentence until the high court rules on the appeal with attorney Clyde W. Osborne given until July 27 to file the bill of exceptions. State Attorney J. H. Leighninger opposed the bond and Neff showed no emotion as sentence was read while his daughter Marjorie Whittle cried.
MENTIONED IN THIS ARTICLE
International News Service
Youngstown, CO
Cyrus H. Neff
Canfield
Common Pleas
Geo. H. Gessner
High Court
Clyde W. Osborne
Neff
Osborne
J. H. Leighninger
Nefff
Marjorie Whittle
Plane Missing for Two Weeks In Pennsylvania Area
Police broadcasts report the disappearance of pilots Robert Esken and Tony Lavern two weeks after they took off from Fayette City Pennsylvania bound for Washington D C. State police were alerted that no arrival was recorded and a relative said there had been no contact. Authorities believe the aircraft may have been forced down in rugged hills along the route to the capital.
MENTIONED IN THIS ARTICLE
International News Service
Pittsburgh
Fayette City
D.C
Robert Esken
Tony Lavern
Washington
J. Buhl Snyder
Esken
Pennsylvania
Capital
Labor FAL chief opposes 40 hour week at textile hearing
William Green, head of the American Federation of Labor, attacked the 40 hour work week and urged a shorter week to spread employment during the cotton textile code hearing. The session opened as labor’s side voices demands amid national economic debate.
MENTIONED IN THIS ARTICLE
International News Service
Washington
William Green
American Federation of Labor
Hugenberg Quits Berlin Cabinet Role
President Von Hindenburg accepted the resignation of Dr Alfred Hugenberg a Nationalist leader and minister of agriculture and economics eroding the last obstacle to Hitler s one party state plan and reducing political opposition in Berlin June 28.
MENTIONED IN THIS ARTICLE
Hugenberg
Berlin
Adolf Hitler
von Hindenburg
Alfred Hugenberg
Victim's Son Appointed as Officer in Kansas City
Robert Hermanson a 21 year old son of a Union Station shooting victim was reported to be joining the police force as a full fledged member. He is the son of one of four officers slain by gangsters using machine guns at Union Station.
MENTIONED IN THIS ARTICLE
Kansas City, Mo
Robert Hermanson
Union Station
Murdered man found by miners near Payette City
Miners on the way to work discovered an unidentified man in poor clothing with two bullet wounds to the head in Payette City. Police suspect homicide after an initial examination.
MENTIONED IN THIS ARTICLE
Payette City
Bridge Champions Crowned in New York Event
Mrs. J. H. Seager and Fred Levy of Montgomery Alabama won the south pairs championship at the world bridge Olympic held May 1. Leo D. Craine and J Frederic Benedict of Sherbourne New York tied with Otto Krefting and Isak Nielsen of Oslo Norway for the east west championship.
MENTIONED IN THIS ARTICLE
New York
J. H. Seager
Fred Levy
Montgom- Ala
Reg Ceace
Leo D. Craine
J. Frederic Benedict
Sherbourne
N. Y
Otto Krefting
Isak Neilsen
Oslo
Norway
Heat Wave Strains Western Corn Crops Across United States
Record heat drives temperatures into the nineties nationwide. Western Kansas wheat fields wilt under extreme sun and winds that erode topsoil. Northwest Missouri and Northeast Kansas see light overnight showers of little crop relief. Chicago reports unprecedented heat in June as conditions worsen for agriculture.
MENTIONED IN THIS ARTICLE
International News Service
Kansas
Missouri
Wheat processing tax to start July 9 under Tugwell order
Washington notes prospects for a price boom in wheat as Acting Secretary Rexford Tugwell issues a July 9 start for a 30 cent per bushel processing tax on domestic wheat. The tax, tied to the gap between farm price and fair value, is collected by the Internal Revenue Bureau and targets first processors and stock levels on July 9 and August 9.
MENTIONED IN THIS ARTICLE
International News Service
Washington
Rexford G. Tugwell
Tugwell
Secretary of Agriculture
Internal Revenue Bureau
I Wish It Would Rain by Arthur Mometer
The farmer laments drought with vivid looking crops and orchards, praying for heavy rain to save the harvest. He imagines gutters full and corn soaked to the roots, needing slickers and hip boots to work. The sun is hot at ninety degrees and crops are in a perilous state.
Also Mentioned on This Page
New Wilmington Banking Plan
First National
Cloak
France
PA Newc
Sli
North Hill
Daily Weather Report
Pennsy
Art Golden
Siberia
U. S
Chambers and Son
Ohio
Mrs. Chambers
Forestry Service
Hest Rope Naught Syndicate
Lag
New York Financial District
Mrs. Ernest Dunbar
Canfield, C
Roosevelt
Davis Lakeman Bay
Roque Island
Franklin D. Roosevelt
Europe
the Police Department
Young Hermanson
Scranton
Edward Borkowski
James O’donnell
O’donnell
Mid-West
Department of Agriculture
Arthur Mometer