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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jan 25, 1924
Page
2
In Wellesley Hills Massachusetts a Supreme Court decision sparks a rapid increase in railroad bond prices amid broad market confusion. The note discusses effects on shares, dividends, and policy between investors and utilities during the period.
Roger W Babson summarizes a 1924 railroad outlook noting five lower rates but better net results for many lines. He argues the Supreme Court ruling shifts IC C from appellate to board role, tying roads into a single system with rate-based returns and revolving funds for weak lines. The piece cites normal business, equipment ample, and possible slight rate reductions, while ongoing improvements reduce future costs.
Res W. Carson Press, a Youngstown Presbyterian pastor, suggests a seventh commandment aimed at flapperettes. The rule warns against pursuing a “whale of a man” for selfish ends and promotes good sportsmanship and pleasant company.
The plan allocates nearly a quarter of a billion dollars for transportation work in year including right of way repairs double tracking extensions and permanent improvements rather than rolling stock. Stronger roads gain by either reinvesting surpluses into facilities or absorbing weaker lines improving tangible security or future earning power.
S. S. S. is marketed as a tonic to maintain vigor in old age by boosting blood quality. It claims rich red blood strengthens immunity and wards off age related ailments. The ad urges buying the product at drug stores, noting the large size offers better value.
Mr Babson notes the new ruling may aid solvent railroads while the bankrupt lines stay burdened. European buyers retreat from railway bonds seeking safety and US roads may gain from improved service and slightly lower rates in 1924 with more evenly distributed profits for most investors in railroad bonds.
Leopold Guy Francis Maynard Brooke heir to the earldom of Warwick is described as inheriting traits of his famed mother. As an Eton schoolboy he ran away to join the Boer War in South Africa, was forgiven, and received a Durban commission. In the Great War he served as aide-de-camp to a British commander.
A front line serviceman, seriously wounded in action, is noted for holding decorations from Britain France Belgium Russia and Japan. The report highlights his valor and the international recognition of his service.
Creomulsion a medicine from Creomulsion Co Atlanta Georgia claims twofold action soothing inflamed membranes and killing germs. The ad touts creosote as a premier healing agent for throat and lung troubles and offers money back if symptoms persist after following directions.
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