Regulation of Life Insurance Co.’s
Washington report notes federal monopoly committee weighing methods for regulating life insurers. No firm recommendation yet but hearings reveal belief tighter oversight beyond state laws may be needed. Proposals include amending bankruptcy act, creating federal insurance fund, or emulating the Federal Reserve’s regulatory structure.
MENTIONED IN THIS ARTICLE
Washington
Federal
Federal Reserve System
Securities Commission
Poles Gloomy And Full of Bitterness
Warsaw correspondence reports despair and bitterness among Poles in German occupied partitioned Poland. People fear government betrayal and a westward spread of Communism, believing Germany’s defeat could invite Bolshevik influence. Observers warn of ruin, famine and widespread homelessness fueling communist appeal.
MENTIONED IN THIS ARTICLE
Warsaw
Associated Press
Partitioned
Poland
Conine
Germany
New Mexico savers to receive $80106 in dividends
Dividends totaling 80106 will be paid on December 31 to about 3600 savers and investors in New Mexico by 14 insured savings and loan associations. The payment reflects last half earnings after reserving and sustaining profits, with Roswell and Chaves County associations among those contributing figures. The Little Rock bank notes a strong year for New Mexico savings and loan activity.
MENTIONED IN THIS ARTICLE
Little Rock
Ark
New Mexico
Federal Home Loan Bank of
Chaves County Building and Loan Association
Equitable Building and Loan Association
Roswell
Movie Stars Lose Oil Investment Claims in Court
Ralph Bellamy and two other actors testified they invested 132500 in Louisiana and Texas oil leases, alleging promoter Harry Hanbury sold them leases without a California permit. Bellamy said he invested 36000, Owen 72500 with 6300 recouped, Morgan 24000 with about 2000 recovered. Morgan was hospitalized after a Deming NM car crash and cannot appear.
MENTIONED IN THIS ARTICLE
OS Angeles
Ralph Bellamy
Louisiana
Texas
Reginald Owen
Frank Morgan
Harry Hanbury
California
Bellamy
Owen
Morgan
Deming
Finnish Aid Drive Goes National Amid War Relief Effort
National expansion of the Finnish Relief Fund drives strong support from former President Hoover and Edgar Rickard as newspapers, radio, and civic groups mobilize to raise funds for Finnish noncombatants. Hoover appoints state chairmen to coordinate local efforts nationwide.
MENTIONED IN THIS ARTICLE
New York
Finland
Finnish Relief Fund, Inc
Herbert Hoover
Edgar Rickard
Rickard
Hoover
Mr. Hoover
Oil Men Expect 1940 to Be a Good Oil Year
Oil men foresee a favorable 1940 for the industry though warned against over optimism in gasoline demand. Federal control looms as a major threat while Europe’s war and high stocks may limit exports. Alf Landon warns the industry could face another shutdown similar to last August if demand falters.
MENTIONED IN THIS ARTICLE
Tulsa
Okla
Alf M. Landon
London
New Diocese Created in Gallup Cathedral City
The Tucson and Santa Fe jurisdictions are merged to form a new Gallup diocese with Sacred Heart Church as cathedral. No bishop named yet, pope expected to appoint soon. Diocese covers 90,749 square miles in New Mexico and surrounding area, with about 150,000 residents including 30,000 Catholics, over half of them Indians. It has 25 parishes served by 48 priests and 13 parochial schools.
MENTIONED IN THIS ARTICLE
Washington
Tucson
Ariz
Santa Fe
N. M
Gallup
Amleto Giovanni Cicognani
United States
Holy See
New Mexico
Archdiocese of
National Catholic Welfare Conference
Sacred Heart Church
Pa youth held in fatal crash and theft charges
In Mineral Wells Texas a 22 year old from Irwin Pennsylvania James Korasek is jailed on murder and automobile theft charges tied to a Christmas Eve crash that killed E Cranfill 74 of Texico New Mexico. The collision also injured Mr and Mrs W B Hill of Texico. A new Catholic diocese is created with Gallup New Mexico as cathedral city encompassing multiple counties in New Mexico and Arizona. Marriage licenses issued in Phoenix for residents of New Mexico.
MENTIONED IN THIS ARTICLE
Mineral Wells
Tex
Pennsylvania
E. Cranfill
Texico
N. M
Here
John Edmondson
James Korasek
Irwin
Cranfill
W. B. Hill
Operation Keeps Eileen From George
NEW YORK, Dec. 27. An appendectomy kept Eileen Herrick away from George Lowther, debunking rumors of forcible separation. Her mother said the operation occurred before Christmas after two hospitalizations in six weeks. Lowther sought habeas corpus twice, stating Eileen was held against her will, while he claimed she loved him and wanted to marry. their attorney hinted a wedding after New Year.
MENTIONED IN THIS ARTICLE
New York
Eileen Herrick
George Lowther
Walter R. Herrick
Eileen
Lowther
Supreme Court
Isidor Wasservogel
Eli Johnson
Chicago Drops Football Ends Era for U Chicago
The University of Chicago abandons intercollegiate football, pushing three figures into sports news. Clark Shaughnessy will lose his coaching post while Amos Alonzo Stagg, who built Chicago football over 41 years, is noted for his historic role. Dr. Robert Hutchins, university president, says students gain no special benefit from intercollegiate football.
MENTIONED IN THIS ARTICLE
University of Chicago
Clark Shaughnessy
Maroon
Amos Alonzo Stagg
Chicago
Shaughnessy
Robert Hutchins
Coach picks San Diego State team by random draw
In San Diego California Coach Morris Gross selects five starters from a hat for a tournament roster. He then draws five additional squadmen from the remaining players to complete the five man list.
MENTIONED IN THIS ARTICLE
Eenie Meenie
San Diego
Calif
Morris Gross
San Diego State
Arizona High School All-Star Charity Football Game
A team of Arizona high school players meets the San Francisco All-Stars in Phoenix tonight. Proceeds from the charity game aid underprivileged children in the area.
MENTIONED IN THIS ARTICLE
Phoenix, Ariz
Arizona
San Francisco
No Protester and Mrs Lydia Winters Romance in Denver
In Denver a light romance unfolds as 79 year old Winter and Lydia Winters become a couple after a letter and invitation lead to a new union. The short tale features pensioners and a dated call that culminates in an altar moment.
MENTIONED IN THIS ARTICLE
Lydia Winters
Denver
Lydia
Paul Win
Mrs. Winters
Also Mentioned on This Page
Federal Monopoly Committee
U. S
Regulation of Life Insurance Co
Congress
Government Printing Office
Daily Record
Payne Ratner
Kansas
Mid-Continent
O. Thompson
Texas Railroad Commison
Collen Cocker
Amleto Cignognani
The
Catron
McKinley
San Juan
Mohave
Coconino
Yavapai
Navajo
Apache
Theodosius
St. Francis Cathedral
Rudolf Gerken
Fort Worth
George
Arline Blackburn
Radio Star
Kathryn Adams
A. A. Stagg
Dr. R. Hutchins
Mac
Penney’ Penney Company, Incorpora
Ted
Fam Gill
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