New York Market Records Largest Turnover Of Year
Nearly 2,000,000 shares traded as the New York market closed the year with a peak turnover. Stocks slumped on December 22 amid widespread declines in independent steels, coppers, and related sectors. Traders cited no single trigger beyond war loan fears and tighter credit, while banks fortified reserves for year end and inventories were slashed in New England mills.
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New York
Reserve Board
New England
Vanadium Steel
Teplngl
Onis
Turbulent Markets Trim Stock Losses Amid Weak Shipping Sector
Turbulent trading showed a broad decline as Liberty issues rallied briefly before retreat. Shipping remained the weakest sector with Atlantic and Gulf whipsawing investors and major rail stocks losing ground. By session end, losses persisted across the Dow style indices as dividends pressured equities and industry names perceived as vulnerable weighed on sentiment.
Seventy Plead Guilty in Philippine Constabulary Riot Case
Seventy members of the Philippine constabulary pleaded guilty to sedition charges connected to a riot with the Philippine military police last Tuesday night that left eleven dead. Seven other constabulary members pled not guilty and faces trial. The maximum penalty for sedition is ten years. The riot followed the killing of a constabulary private by a Philippine policeman after an alleged assault on a constabulary wife seeking redress for mistreatment.
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Wanda
Philipnide Leldiid Constabulary
Riute
Vilipino
Cuesias
Jamu
Constabulary
Nhe
Pea al Boe
Coldest Winter Day Reported In Town Weather Bureau Note
Weather bureau dispatch reports the day as the coldest of the winter in Tilsa Okla Nec with temperatures around 2 degrees above zero. A local coal company announces an 8 percent price reduction on coal this month amid the frigid conditions.
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Tilsa
Okla
Nec
Weather Bureau
Tnish
Obregon May Wait On Recognition Talks With U S
Unofficial reports from Washington suggest Mexico may delay recognition talks with the United States. Mexico’s cabinet favors Article 27 preserving nationalized property, while the United States seeks a possible agreement as a basis for recognition.
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Obregon
Harding
Washington
United States
State Department
Ratnel Capmany Zubaran
Commerce
Labar
Mexico
Side Department
Ran
Mexico City
Tisvag
Zubaran
Colby
Roberto Peenaira
de la Huerta
Negotiations Seek Recognition from New Administrations
Officials report ongoing talks aimed at securing recognition from incoming administrations. The discussions focus on establishing formal ties and potential policy alignments as transitions proceed.
Ship repair costs blamed as excessive by shipping board official
Commander Gatewood condemned American shipyard repair prices as 950 percent above list cost and urged private ship owners to cut figures to reasonable levels. He spoke at a gathering with B A Thompson expressing support for the plan. He cited a monthly repair bill of about 6 500 000 for American flag ships, 2 000 000 over expected. A separate item reports a San Benito boy killed in San Venito when a rifle discharged during a handling accident with a supposedly empty weapon.
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New York
Dev
Anerigan
United States Shipping Board
Gatewood
Commander Gatewood
B. A. Thompson
Wee
Shipping Board
Wise Guest
Mir
Thompson
American Aviators Fly to Vera Cruz in Record Flight
An American airplane piloted by Feronary yoal with a Mexican co pilot departed to Vera Cruz yesterday, covering 225 miles in two hours and twenty minutes. The mission tested an aerial mail route between Melty Puebla and Vera Cruz, aiming to establish regular service by February or March. The flight climbed to about 1000 feet while crossing the western state mountain range near Vern Crup, with observers noting passage above Mount Oviznbn.
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Ora Crug
Feronary
Yoal
Vera Cruz
Melty
Vuebla
Vere
Quruz
Vern Crup
Oviznbn
Exclusion Debate Dominates Brownsville Meeting
Following a meeting in Brownsville regarding a proposed census of Indians near Hurlingen Cameron County the discussion shifted to excluding Japanese. Resolutions endorsed Bledyor bill to prevent Japanese colonization as a Whig agenda item for next legislature session.
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Brownsvie
Lex
Inndl
Hurlingen
Cameron County
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