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Syracuse Journal in Syracuse, New York

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Articles on This Page

This newspaper page contains 19 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Journal

Location

Syracuse, New York, United States of America

Date

Feb 23, 1938

Page

9

Forbes Explains Serious Plight of U S Railroads

Forbes analyzes the U S railroad crisis, noting investor fears, stock volatility, and mounting charges on lines like Santa Fe Baltimore & Ohio and Chicago & North Western. He contrasts American rail performance with British dividends, calls for protections for stockholders, and previews a tomorrow’s outline of proposed remedies.

Forbes U. S Santa Fe Baltimore & Ohio Tedar Chicago & North Well Street Journal Ion Vile

Wholesale commodity prices fall amid recession dips

The index compiled by the National Fertilizer Association shows wholesale prices slipping in the past week. The February 13 to 19 period marks a decline from prior levels, signaling continued market softness amid economic contraction.

Washington Fes

Shares on N. Y. curb higher at start

New York stock market opened with gains as electric bonds and electric stock moved up. Hudson Bay Mines and other issues showed modest changes while American Stores Company closed 13 stores due to a strike. Clerks and stores walked out prompting the company to claim the walkout was in line with union wage demands.

New York Ang Saare Hudson Bay Minas sher_ TSUIMUNATE Felzil Zrocers Clerks Am Clamied 1 Sreet AH Y Ducers

Market report shows varied commodity prices and futures

The page lists mixed prices for barley beef pork and wool alongside oil and cotton futures. It notes market steadiness for sugar potatoes and molasses with regional price references and delivers scattered figures for live poultry and milk.

Share wealth or wage: a question from economics

Professor Lewis Haney from New York University discusses why a new industry emerges from a prolonged low mood and whether redistributing wealth to increase purchasing power could stimulate demand. He weighs the case for shares, noting how rising prices and unequal income can demoralize workers and delay recovery.

Lewis Haney New York

Queens Utility Faces Writeoff in New York

State public service commission documents show Queens Borough utility paid Nassau Suffolk Company for two utilities bought in 1927. The commission values Long Beach Gas at zero stock, notes a payment of 2,342,275 in connection with the company, and records Treasury revenue of 16,744,103.64 to date.

York Rk State Public Service Commis Queens Serouck Gesant Electro Company Tans Island Queens Boroush Nassau & Suffolk Company Inm Long Beach Gas Company Treasury Hies Company

Factory incomes and plans for private employment

Reports discuss yearly factory incomes and plans to stimulate private employment. Industry leaders debate a plan, with officials from Manufacturers Association and AC LI weighing options amid evolving market signals. Cotton prices in New York show gains with futures varying by month and contract.

John L. Lovell Assamara Richard T. Facli NEW York Cotton

Harvester Earnings Report and Market Update

The report shows a Harvester earnings figure of 0.21 and references market activity in American industry. It notes Len pom and Euro GASKETTs with metal price movements and January export activity. The piece mentions the London Metal Exchange and materials trading at Hast St. Louis with various price markers.

New York Eurogasketts London Hast St. Lous

Sheriff May Squelch Dictators Plans

By Leslie Gould, the report outlines actions by Sheriff May to counter planned dictatorial moves. Fragmented details mention legal steps, local enforcement, and community impact amid unclear dates and places.

POUND RALLIES FRANGOIPO NEW YORK

Currency market report notes mixed pound movement in New York trading with sterling rallying against Paris franc and other currencies. Analysts cite fear and policy fears as drivers while Uhanzeetain’s 2 Parhomnen and foreign exchange shifts influence rates.

New York Fes Si¢Rlias Uhanzeetain Paris Aanses Wytery St. Poines

Wall Street Hears New York Speech on Stock Continuance

Wall Street traders absorb a delicate briefing about ongoing policy and a potential 15 cent per share adjustment. A 25 cent per share option remains under consideration, with analysts noting tentative support and cautious optimism.

peLtea

London Stocks Rally Amid Global Policy Signals

London stocks rose across most boards led by British gilts and European shares. Traders cited Prime Minister’s foreign policy as a key factor. Market gains reflected optimism despite thin trading and early gains pared later in the session.

London

Money Market Rates Steady Across New York

Money market quotes show unchanged rates with commercial paper and federal funds steady at 1 and 2 per cent respectively. Time money offers include 1 1/2 per cent for up to two months and 2 per cent for longer maturities, with various bills and notes cited.

New York Feo Benkers Thirti Calimoar Nun

Weather chart notes low pressure across eastern US

The bulletin reports low pressure centers over Northern New York and Northern Georgia with 32.02 and 32.05 inches, a broad moving trough over the west, and light to moderately heavy rainfall in the last 24 hours. Temperatures are below average in parts of Ontario and Manitoba with near normal readings in the central Mississippi Valley and Cape May region.

New York Canton Georgia At- Manta TTR Canadiens Pisins Rocks Mountain Pesions Masseurs Leyal Alaska Rambors Erith North Atlante Missisippi Val Michdle Gulf States Appalachian Reson Manteta Ontario

Crude Oil Stocks Increase in Week Report

A Washington field report notes a rise in domestic crude oil stocks for the week ending February with gains across California and other states. The data indicates higher live barrel counts and variable regional totals.

Washington Isial California Sasi Foteisa

New President for S. S. Kresge Company

In New York Van Dusen retires as president and Kroese Company reports appointing a new head at the annual stockholders meeting. The succession follows the retirement of Van Dusen and marks a leadership transition in retail merchandising.

S. S. Kresge Company York van Dusen Kroese Company van Discs

National Gypsum Company Notice in New York

National Gypsum Company announces its operations in New York with Best & Company noting the firm faced disruptions from a crashes and related gypsum products. The statement references Keene’s department and white diasters work, outlining ongoing management and response efforts.

New York Quire Best & Company Keene Tment

City Market Oales Volume to Light at Sale

A fragmented market report shows a small turnout at City Market with produce prices mixed. Potatoes, squash, cabbage, and beans traded variedly from cents to dollars per unit, reflecting a cautious buyers’ mood and wholesale interest amid sparse shelves.

Oales City Mart

Livestock Market Snippet From St Buffalo Area

Fragmentary livestock listing shows prices and lots dated February with weights and offerings. Names and full items are unclear, but notes a sale of cattle and related stock items with assorted prices and quantities.

Also Mentioned on This Page

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