Mortgage Record Breaks Indiana Scale at Crown Point
A $40 million mortgage, the largest ever in Indiana, is recorded at Crown Point by the Indiana Steel Company linked to the Gary Steel Works. The United States Steel Corporation authorized $10 million in forty year bonds, with $15 million sold. The Gary Works bonds secure a first mortgage on the steel plant, guaranteed by the parent company. The Gary Heat Light & Water Company cut gas rates to 60 cents per thousand cubic feet, with water and electric rates also reduced.
MENTIONED IN THIS ARTICLE
Indiana
Crown Point
Indiana Steel Compay
Gary Steel Works
United States Steel Corporation
Gary Works
NMN Ateel Works
Bankers’ Trust Company of
Newark
United States Corporation
Gary Heat Light & Water Company
Trust
Calumet
World speed on water tested at Chicago Water Carnival
Disturber III owner James A Pugh of Chicago claims fifty eight mile per hour speed with his forty foot power boat. J J Ryan of Algonac Michigan, who runs six boats, says a dark horse can hit seventy. The event runs August 10 to 17 on Lake Michigan off Chicago as America's swiftest hydroplanes race under the Associated Yacht and Power Boat Clubs of America.
MENTIONED IN THIS ARTICLE
James A Pugh
Chicago
J.J. Ryan
Algonac
Mich
America
Lake Michigan
Associated Yacht and Power Boat Clubs of America
He Was Right First Boy Dialogue About Nails Car Talk
Two boys argue about the difference between their families with one claiming a father who drives daily. The other confirms he drives nails for a living. The exchange highlights class and work in a terse street conversation.
Must Muzzle Dogs in Dalton City
Village Board orders dog tax due and muzzling of all dogs allowed to run in streets. notice signed by AsMuUSs Claussen, president.
MENTIONED IN THIS ARTICLE
Dalton
Village Board
Asmuuss Claussen
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