McAdoo Denies Morgan Firm as Preferred Client Status
Washington May 25 Senator investigations shift to a larger room as Secreta ry McAdoo denies being a Morgan firm preferred client. He claims a loss of 33555 on three purchases arranged by the firm while noting a profit of 4900 on 500 Allegheny Corp shares. Morgan partner George Whitney argues the stock was not listed, amid questions of profits totaling 146250 on Allegheny stock to a special list. Ferdinand Pecora presses for scrutiny of potential rapid gains by buyers. Senator Couzens cites a letter offering stock at 35 to 37 dollars as further context.
MENTIONED IN THIS ARTICLE
Washington
Seite McAdoo
California
P. Morgan & Co
Senate
Morgan
McAdoo
Morgan House
Allegheny Corp
William H. Weedin
The
Treas
George Whitney
Whitney
Allégheny Corp
Ferdinand Pecora
Couzens
Mich
Woodwin
Philadelphia Storm Claims Four in dire wind and lightning
The Philadelphia area endured its worst electric storm, with an 82 mile per hour gale from the northwest. Four people died and property damage nears a million dollars as unroofed buildings, fallen trees, shattered windows, and widespread fires strained firefighters. Scores injured, transit paralyzed, and power outages affected cities from Philadelphia to Camden and beyond.
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Philadelphia
Weather Bureau
Camden
N. J
Fairmount Park
Chester County
Riots in Brooklyn Over Nazi Official Arrival at Pier
Associated Press reports rioting by about 1000 anti Hitler demonstrators outside the North German Lloyd liner in Brooklyn. Police clashed with the crowd as Hans Weidemann and aide Gutthof Schneider faced transfer to a tug for Chicago exposition duties. Fifteen people were arrested, and four officers were injured as reserves stabilized the scene. The German consulate officials had earlier attempted a private welcome. Also noted is UNC's sponsorship of the state dogwood festival this year.
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Associated Press
New York
Ovd
Brooklyn
America
Hans “Cidemann
Adolph Hitler
Chicago
Weldeman
Manhattan
Policn
Weidemann
Gutthof Schneider
Schneider
Predic t Strike End Soon Hopeful Settlement in Amoskeag Dispute
Predict Strike End Soon after Winant and officials confer with Amoskeag managers and labor leaders. Governor terms talks promising though date for settlement unsure. Rumors of an 18 percent wage raise and future increases circulated amid plans for a mass meeting and possible militia withdrawal if no disorders occur.
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Winant
Riviere
West Side
Amoskeag
Executive Council
Boy Grindle Killed by Truck in Penobscot
George Leach Grindle aged 13 of Penobscot was killed while attempting to mount a moving truck en route to a baseball game. He fell as the rear wheel passed over him. Earl Leach operated the truck. State Patrolman Arthur Ashmore investigated. the driver was not charged.
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Penobscot
George Leach Grindle
Herman Grindle
Earl Leach
Arthur Ashmore
Ellsworth
Guardsmen Patrolling Blue Mountain Mill Village
Four companies of National Guardsmen patrolled the mill village of Blue Mountain to preserve order during a strike at the American Net and Twine Co. on May 25, with authorities guarding against sabotage by striking employees.
MENTIONED IN THIS ARTICLE
Associated Press
Blue Mountain
Ala
National
American Net and Twine Co
Gangsters Battle Along Broadway in Full-Scale Shootout
On May 25 New York reported gang gunfire along Broadway injuring two women as three cars raced toward the white light area. A woman, 45, and Irene Savage, 24, were struck by bullets. the target car linked to Edward Rosen crashed after a corner collision. A bystander, Walter O'Donald, was briefly hit but not seriously hurt as three cars exchanged fire amid car exhaust roars.
MENTIONED IN THIS ARTICLE
New York
Broadway
White Light
Edward Rosen
Bronx
Adie Fortune
Knickerbocker Hospital
Irene Savage
Walter O'Donald
Hornell
N. W
Gangland
Conner Found Alive After Missing Cadet Sighting
West Point reports Medford Oregon senior cadet John Conner, missing since Sunday, found alive wandering the academy grounds. He was taken to cadet hospital exhausted from lack of food and sleep, with no serious injuries noted after exposure.
MENTIONED IN THIS ARTICLE
Associated Press
West Point
John 3
Conner
Medford
Ore
United States Military Academy
Business Advance Goes On
Washington May 25 The Federal Reserve Board in a preliminary review reports that business improvement that began in April continued through the first three weeks of May. Wholesale prices of many leading commodities also advanced.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Stock Advance Paused As Market Jumps
New York May 25 financial markets paused after a brisk uptick that lifted industrials and rail stocks to their highest level since November 1981. Wheat eased in early trading while cotton stayed firm as stocks rallied and then faltered. Allied Chemical fell five points before recovering, with U S Steel American Can and others slipping fractions.
MENTIONED IN THIS ARTICLE
New York
Vans
Allied Chemical
U. S. Steel
American Can
American Telephone
Case
Dupont
A& Point
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Ury
Ufe
University of North Carolina
Seer Rosa’s
State Street
Wroops
New Hampshire
Manchester
N. H
Amoskeag Company
Peterson
Parks and Playgrounds Commission
Victory Park
Peirce Hall
Pythian Wall
Freeman's Elk
Arcadia Theatre
Coiuse