Markets, morals, and a skiing club in a town tale
A reflection on the late era of mistrust toward finance and regulation accompanies a local tale of Gene Tompane and a teenage ski club. Students invest ten thousand dollars in stocks as a school project and, under guidance, see 7 to 8 percent dividends and 5 to 25 percent gains, highlighting core financial functions and the danger of attacking markets. The piece notes how fears of banks and traders influenced teaching and public opinion, urging respect for solid American institutions.
MENTIONED IN THIS ARTICLE
Gene Tompane
Central & van Buren
Benton M. Lee
Ficks & Tompane
Tompane
Letter-Writing Plan To Aid River Project Wins Praise
The Phoenix Gazette editorial urging Arizonans to write editors of outside newspapers for support of the Central Arizona Project wins praise from Howard J. Smith executive secretary of CAP Association. He calls it a top idea in the national information campaign and urges letters emphasize Arizona’s water rights and CAP’s self repaying loan plan. He notes CAP will yield about 3% billions in US tax benefits over 75 years and accuses California papers of bias against Basin programs while praising Arizona press coverage. A separate line notes engineer T B Moses slept with head on a rail at Awadua and was run over by a train.
MENTIONED IN THIS ARTICLE
The
Phoenix. Gazette
Arizona
Colorado
Supreme Court
United States
Rival Phoenix Youth Gangs In Shooting Probe
Investigators probe violence between two cross-town gangs over a teen romance. A 21-year-old leader hunted, eight youths in custody, two cars involved, shots fired near 10th Street and Mohave. A 14-year-old girl linked to a 15-year-old eastside boy is central to the case.
MENTIONED IN THIS ARTICLE
Phoenix
South Fifth Avenue Gang
John Thompson
10Th Street
Mohave
Westside Gang
Eastside
Thompson
Third Avenue
Phoenix Municipal Stadium
Lawsuit Seeks 100000 in Drowning Case Near Gila Bend
Leopoldo Mendez, a railroad employee, sues Gillespie Land and Irrigation Co in Maricopa County Superior Court seeking 100000 in damages after a canal bank collapsed northeast of Gila Bend. His car stalled in a flash flood on U S Highway 80 on Sept 10 1949, overturning the vehicle and causing the drowning of his wife Consuela 28 and three children.
MENTIONED IN THIS ARTICLE
Gila Bend
Maricopa County
Gillespie Land and Irrigation Company
Leopoldo Mendez
Consuela
Six People Hospitalized After Phoenix Traffic Accidents
Six persons were hospitalized today with injuries from traffic crashes in the Phoenix area. Ernest Gunnell, 49, of Glendale, a mechanic, was treated at Memorial Hospital for chest injuries from a two car collision on Highway 60 northwest of Peoria involving Gunnell and Herman Gragg, 20, of El Mirage. Jesus Moreles, 59, of 1730 East Adams, a Santa Fe Railroad employee, was admitted with a fractured leg from an auto pedestrian crash at 18th Street and Washington, the car driven by Arnold Reyes, 20, of Tempe. Sylvester Batties, 35, of Port.
MENTIONED IN THIS ARTICLE
Phoenix
Ernest B. Gunnell
Glendale
Memorial Hospital
Highway 60
Peoria
Gunnell
Herman D. Gragg
el Mirage
Jesus Moreles
E. Adams
Santa Fe Railroad
Crash Victims From Mesa Glendale Injured In Valley Collisions
Land Oregon resident and three others from Glendale and Luke Air Force Base were injured in two separate crashes near 2529 E Van Buren and at Lateral 20 Glendale Avenue. Battie’s motorcycle collided with a truck driven by Clarence Martin, 57, of Mesa. Major Clifford Gould 27 and Fuse Bio Valdez 33 were in one car crash. Valdez and Ausentza Martinez 23 were hospitalized at Maricopa County Hospital. Gould was taken to Williams Air Force Base Hospital.
MENTIONED IN THIS ARTICLE
Land, Ore
E. van Buren
Battie
Clarence Martin
Mesa
Clifford C. Gould
Luke Air Force Base
Fusebio Valdez
Ausentza Martinez
Glendale
Lateral 20
Glendale Avenue
Gould
Williams Air Force Base Hospital
Valdez
Martinez
Maricopa County
Also Mentioned on This Page
California
New Mexico
Utah
Wyoming
Smith
Arizona Press
Colorado River
Los Angeles
T. B. Moses
Awadua
African Gold Coast
Fed
Seigley
Biclian
Stookie Allen
Mexico
CMA Aleman Yi Hollywood
Miquel Cant
eariOh
Ico
E. McDowell
Gazette
East Lake Park
Stewart Moody
Robert Cooper
E. Hadley Sr
Joe West
W. Cocopah
City Parks
Mendez
MR. Stes
Fist National Bank of Arizona
Phoenix - Eloy
Florence Gilbert - Somerton
Comfort
N. Central
Cione Studio
Jack Cione
McDowell
First Ave
It Editions
Prescott, Scottsdale
Roger & Gallet
PopLar
Violet
Buenos Dias
B.P.G
the Wright
PSIC
Guy Lombardo
North Central Ave
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