Who Owns American Industry and its Broad Ownership
The piece argues that American industry is widely held by many small investors, not a few plutocrats. An American Federation of Investors study shows 4.15 million stockholders across 110 top corporations, with about 3.57 million holding 100 shares or less. It notes large employer counts and substantial dividends, claiming broad, diffuse ownership across farmers, teachers, clerks, and small professionals, with taxes and dividends highlighting distributed wealth.
MENTIONED IN THIS ARTICLE
Wall Street
American Federation of Investors
United States
Bethlehem Steel
Dupont Company
General Motors
Pennsylvania
New York Central
Union Pacific
Montgomery Ward
Woodworth Company
New Desk
American Telephone and Telegraph Company
Columbia Gas and Eleetric
Commonwealth Edison
Pacific Gas and Electric
Standard Oil Companies
Standard of New Jersey
Standard of
Indiana
America
Mieh
Larke
T. Vy.al
ML. AL RB
Industreal
Congress
Supreme Court
O. P
House
Joe Martin
Cost of Illness Looms Large in Public Health Survey
The U S public health service reports a nationwide health inventory funded by the WPA shows 6 million people each winter day are incapacitated by illness or accidents. About 2.3 million are bedridden due to chronic conditions, 1.5 million with colds or flu, and 0.5 million with injuries. The study underscores the vast economic loss and urges stronger preventive health and safety efforts.
MENTIONED IN THIS ARTICLE
Elyria
United States Public Health Service
WPA
Public Health Service
ANNIVERSARIES AND HISTORY NOTES OF THE DAY
A collage of historical anniversaries and notable births and deaths. Figures include Thomas Paine born in England in 1737, William McKinley, Ernst Lubitsch, and John D. Rockefeller Jr. Dated references mix with horoscopes and a brief history list. The tone mirrors a late 19th to early 20th century newspaper style.
MENTIONED IN THIS ARTICLE
Emanuel Suidenberg
Sviermst
Vhilosooner
mrFstic
New Church
Thomas Paine
Veatrigt
Eng
Lang
New York
Gallatin
Pennsylvania
Lina
Tistary Barn
Iguz— Myeth
Oregon
America
Cambridge
Mass
qeaye-Willam MckKinley
Obie
Niles U
Alen Johnson
Bor
Lowell
Rena 2 Bellar
Tennessee
Asichmiond
Ala
U.S
Walter F. George
Georgia
Preston
John D. Rockefeller
Fhree York
Cleveland
Edward F. McGrady
Radio Corporation of America
Jersey City
N. J
Hugh R. Wilson
Frederick Palmer
Katonah, N. Y
Pleasantville
Income Tax Normal and Surtax Rules Explained
The Revenue Act of 1938 sets a single normal tax rate on excess income after credits like personal exemptions and dependents. It adds an earned income credit equal to 16 percent of earned income above a threshold, while surtax rates climb by brackets up to a maximum. An example shows tax calculations for a single filer with earned income and credits, advising careful reading of Form 1040 instructions.
MENTIONED IN THIS ARTICLE
Toapayer
Hormal
Bible Readings Saturday Reflections and Local Notices
Bible readings for Saturday January 2 include Romans 1 through 15 with reflections on faith and mercy. Also noted are community obituaries, brief social updates, and local event mentions from Strongsville and Pittsfield, including family notices and recent gatherings.
Pittsfield Family Gathering At Heiden Home
A family gathering was held Sunday at the home of Mr and Mrs Henry Heiden. A tried meal was served with Lydia Frerevk and her son Raymond among attendees representing the kin.
MENTIONED IN THIS ARTICLE
Strongsville
Ray Carter
Elwin Whitcomb
Kara Mull
LeRoy
Clark Metcale
Pittsfield
Fred Pitts
Henry Loisy
Raymond Lurtz
Porgy
Irene Lapgansky
Camden
Wallace Bear
William Mills
Shipmasters
Cleveland
Aob. Weber
Avon Lake
Bud Rider
Warner Merrill
Brighton
Henry Heiden
Lydia Frerevk
Raymond
Elyria Stocks Weekly Prices and Quotes
Elyria Stocks list weekly prices from P. BR. Smith & Company with bid and ask figures for Elyria Savings Ridg. names include Lorain County Bank, Northern Savings, Perry Fay, Romeo Pump, Toledo and Worthington Ball. Prices shown for various bonds and stocks such as 7 percent preferreds and debentures with bid and ask points.
MENTIONED IN THIS ARTICLE
Elyria
P. BR. Smith & Company
Elyria Savings
American Lace
Colson V. TC
Elyria Say
Harshaw
Lorain ‘Cty
B. Cts
Lorain
Northern Say
Oo, KR
Pwr
Perry Fay
Romeo Pump
Say
Dep. B
Dep. Sk
Eaeee Thew
Toledo
Worthington Ball
National Whirligig Battle on Boycott of Japanese Goods
The piece outlines internal White House disputes over a boycott of Nipponese silk and broader anti-Japanese moves. It notes Secretary Hull’s fear of harming Japan relations, while younger New Dealers back sanctions. Senator Norris pushes women to shun silk to oppose Japan’s aggression against China. Ambassador Saito counters, and Washington power plays unfold amid New Deal and GOP strategizing.
MENTIONED IN THIS ARTICLE
New Deal
Capitol Hill
Norris
Nebraska
Japan
United States
Saito
Flowers
Hoosevelt
New York
Friends of National
Farley
Rob” Jackson
Mec
Albany
Flod. R
Fs Plains
Roosevelt
Corcoran-Cohen
Jackson
Jim
Bob
China
Tokyo
Satto
Uncle Sam
Stimson
Elyria High Wins Punctuality Crown in League Contest
Elyria High School topped the Like Emme High School League punctuality standings for the second time this year with a 99.67 percent record. Lorain followed at 99.68, while Cleveland Heights 99.51 Lakewood 99.30 Shaw 99.13 and Shaker Heights 98.34 also posted strong marks. Elyria placed third in attendance with 95.66 as Lakewood and Lorain led at 96.65 and 96.47 respectively. Enrollment lists Elyria fourth with 1,668 students. Lakewood 2,586 Cleveland Heights 2,077 Lorain 1,917 Shaw 1,572 Shaker Heights 912.
MENTIONED IN THIS ARTICLE
Elyria High School
Uver
Emme High School
Lorain
Blyrta
Cleveland Heights
Lakewood
Shaw
Shaker Heights
Elyria
Lornin
Unclear financial and labor union sentiment report
The document notes 27.1 million in interest earnings, pending Senate broker regulations by the Securities Health Commission and broker registration. It reports unemployment claims totaling 1.162 million across 22 states. It also states industrial workers show no clear union preference with split election votes and many opposing unions.
Also Mentioned on This Page
Chronicle-Telegram Membre Audit Bureau
Second Street
Ohio
Lorain County Printing & Publishing Company
Hudnutt
President Y
Glare George
Edster
John W. Cullen
Compan
Chicago
Michigan Ave
Fifth Ave
Detroit
Ian Ios
Unt 4 Feature Syndicate
Tae Fm Kee
Pal
Kansas
Edith
John A. Dindeertary
Treasury
New Orleans
Lincoln
Ft. Sumter
London
Bouler
Senate
World Court
Genr. Talmadge
Lyay
Hotelula
San Diego
Cap
Lmot Printing Company
Sin
Bible
Christ
St Pauls Gethsemane
Christ Tris
Joseph P. Kennedy
Court of St. James
8. E. Tc
Maritime Commissions
Lulegslegan
Boston
Cordell Hull
Henry Morgenthau, Jr
Washingon
Washington
Henry Y. Stimson
Hoover
Naval Gun Factory
Alaska
High Seas
Loa
Broadway Room
Gould Bldg
Ohie
Viti Eye
Wa Belleve
Prical