Heavy Flow of Gold From Europe Seen To America
Washington reports predict a heavy flow of gold from Europe to America to back the new Roosevelt dollar and the $2 billion stabilization fund. Foreign holders seek higher prices as Treasury details a new gold bullion standard enabling conversion at a fixed rate. Markets react with gains in New York as bonds rise and stocks advance on the prospect of modified gold use.
MENTIONED IN THIS ARTICLE
Washington
Europe
America
Treasury
Atlantic
Morgenthey
New York
Finance
New York Stock Exchange
Exchange Bond Department
Birness
Mining shares buoyant as gold buys and dollar valution shift
Global markets show strong demand for mining stocks in London Paris Berlin Johannesburg Toronto and San Francisco while the U S Treasury offers to buy gold at 35 an ounce. Commodities respond slowly to the dollar devaluation as authorities push higher gold valuations and expect gradual price adjustments. Postmen in England must stand 5 feet 4 inches tall to reach letter boxes.
MENTIONED IN THIS ARTICLE
London
Paris
Berlin
United States
Johannesburg
Toronto
San Francisco
Wevrel
England
Baltimore Snow Hits Central Maryland with Nine Inch Crest
Heavy snowfall coats Maryland with nine inches in Baltimore and sleet on the Eastern Shore. High hills slow autos, with South Mountain and Nine Mile Hill crowded by stranded vehicles. A Salisbury area fatal crash and a Hanover train incident mark dangerous travel. a community auction and readings event are announced for Lewistown Hall Friday night.
MENTIONED IN THIS ARTICLE
Associated Press
Maryland
Baltimore
South Mountain
Nine Mile Hill
Elliott City
Salsbury
John Y. Sheehy
Salisbury
Hanover
Howard County
Men's League
Utica
Watch Effect of Monetary Change Exhibits Early Market Reactions
Washington reports show stock gains and brighter commodities after the dollar revaluation under the 1934 gold standard plan. Financial observers warn that stabilization funds must act soon to curb rising imports as the foreign price of gold softens from the new exchange rate.
World’s longest tunnel and water system link details
The article mentions the Shan Dakan Tunnel at 181 miles as part of New York City’s water supply. It cites remarks on federal monetary aid and a Roosevelt program plan for river utilization, with discussions of power, flood control, navigation, and irrigation.
MENTIONED IN THIS ARTICLE
Marlene Dietrich
Germany
New York City
Snoney 2
Eary
House
Morger
Irrjing Fisher
Om Capitol Hut
Senate
Roosevelt Eyes Cohesive Plan for Western Irrigation and River Works
Roosevelt considers a unified policy to harness waste resources and develop irrigation for the sun-baked West, plus flood and navigation projects along the Mississippi and Missouri rivers and power plants at Boulder, aiming to coordinate multi phase progress across western developments.
MENTIONED IN THIS ARTICLE
Wpathic
Mrr
Roosevelt
Western
Mississippi
Warrier Rivers
Bould
Pelts and river work spur Louisiana trade notes
Fragmentary text references pelts and river work along the Tennessee and other rivers, with Louisiana production hinted. No clear event or date available.
Also Mentioned on This Page
Ilization Fund
Ceived
Finan
Cial Markets
iSchan
ANSE
Ciky
Fritz Kreisier
Iera
Eve Rwhere
Telis
Calis
Cobemibss
Modees
C.e.cline & Son Funeral Directors
Chenille
Candlewick
Bennett
Savella
Faconne
Uncle Sam
Astablizarion Fund
Hoosevel
Raneia
Patrick Stepen
Frederick, Md. E
Cohusila Base
Tennemee
Louisiana
Anita
Morpheus
Mr. McToodle
Mary Anne
Frederick
Carty
Hendrickson
Trey
Runstop
the Shades
Taupe
Market Street
Lloyd C. Culler
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