Morgan Holds One Fourth Share in Morgan Co Profits
Washington June 3 United Press reports J Pierpont Morgan has a 25 percent share in Morgan & Co profits and bears responsibility for liabilities. The 1916 partnership gave him half the capital and a quarter of earnings, with his stake fluctuating. Senate investigators released the uncensored profit division details and lists of Morgan buyers and borrowers from Morgan & Co.
MENTIONED IN THIS ARTICLE
United Press
Washington
J. Pierpont Morgan
Morgan
Morgan & Co
Wall Street
Senate Committee
John W. Davis
Morgan Counsel
Secretary of Treasury
Woodlin
Supreme Court
Roberts
McAdoo
Dem
Calif
Tfiarvey Couch
Reconstruction Finance Corporation
Frank W. Stearns
Calvin Coolidge
Norman H. Davis
Europe
J. P. Morgan & Co
Former convict confesses role in McElroy kidnapping
Walter H McGee, a former Oregon convict, confessed participation in the kidnapping of Miss Mary McElroy, daughter of Judge J F McElroy, Kansas City's city manager, for a $20,000 ransom. His confession followed a federal grand jury session as indictments were anticipated after the Lindbergh case.
MENTIONED IN THIS ARTICLE
Kansas City
Walter H McGee
Oregononvict
Mary McElroy
J. F. McElroy
McGee
Seven Bandits Rob Two Banks in Cullom
In Cullom on June 3 seven bandits robbed two local banks, shot at pursuing posse members, and fled after kidnapping a bank official. The gunmen escaped in a Chevrolet automobile bearing an Illinois license plate.
MENTIONED IN THIS ARTICLE
Cullom
Tony
Ohio Weather Forecast Details
Ohio forecast shows fair tonight and Sunday with partly cloudy skies. Isolated showers or thunderstorms possible in western portions. Temperature range expected to be modest.
MENTIONED IN THIS ARTICLE
Ohio
Mattern Begins Solo World Flight From New York
Texas aviator James Mattern starts a solo circumnavigation from Floyd Bennett Airport New York in the 600 horsepower Lockheed plane Century of Progress. He aims Berlin Moscow Yakutsk Siberia Edmonton Chicago New York in a bid to beat the two man record set by Wiley Post and Har to Gatty. He has no radio and relies on favorable weather and meteorologist Dr James Kimball for the go signal.
MENTIONED IN THIS ARTICLE
Floyd Bennetii
New York
James Mattern
Oklahoma
Century of Progress
Mattern
Bennett Griffin
Berlin
Moscow
Yakutsk
Siberia
Edmonton
Canada
Chicago
Wiley Post
Harvid Gatty
James Kimball
Weather Bureau
Kimball
Important Wage Action By Assembly Soon
Columbus Ohio June 38 UP Action on three major bills relating to unemployment insurance wage garnishments and horse racing is expected in the Ohio Legislature next week with adjournment near. If Democratic Senate committee wishes prevail other pending measures likely killed June 8 and session may continue two to three weeks to work a taxation program. A Senate Taxation sub committee plans to hire accountants to assess state funds as first step toward revenue program.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
House
Senate
Senate Rules Committee
Senate Taxation Committee
Fugitives Seen Near Stillwater Oklahoma
Payne County officers issued a general alarm that four of the ten Kansas State penitentiary fugitives may be in the area. Sheriff Bradley reported four men were seen on the highway near Ripley, with one tentatively identified as Harvey Bailey, a ringleader of the Memorial Day prison break at Lansing.
MENTIONED IN THIS ARTICLE
Stillwater
Oklahoma
Okla
Kansas State Penitentiary
Payne County
Bradley
Harvey Bailey
Lansing
Ripley
Elyria Youth Follows Ancestral Path at Oberlin College
John Shaw a junior at Oberlin College lives among many relatives who were graduates of the college. Four great grandparents and several ancestors attended Oberlin, with Shaw serving as sports editor of the college annual and president-elect of both the O Club and the Men's Senate while earning letters in football and track.
MENTIONED IN THIS ARTICLE
Elyria
Oberlin College
Oberlin
John Shaw
Harrison Street
Willam Wheeler Wright
Lord Cottage
Forest and
Morgan Streets
Susan Allen Wright
George N. Allen
Cherny Conservatory of Music
Dudley P. Allen
Allen Art Museum
Allen Memorial Hospital
Quincy Melancthon Bosworth
North Ridgeville
Sullivan
Seville
Mary Maria Hawley Bosworth
Uriah
Hawley
John
Herbert Hornell Wright
Albert A. Wright
Frances Bosworth Wright
Ellen Wright Shaw
Johnny
College of Arts and Sciences
Bodies Sought After Massive Signal Hill Oil Field Blast
Long Beach Calif June 3 authorities searched for bodies after a fire and explosion devastated a ten block square section of Signal Hill oil field. Death toll stood at seven early today with over 12 missing and about 40 injured. Property damage topped 1 million dollars, possibly reaching 2.5 million, and many homes were leveled or damaged. Red Cross appropriated 25000 dollars to aid victims of the March earthquake. The blast followed by fire occurred during a routine oil discharge at Richfield Oil Company absorption plant, likely caused by a failed valve in a pressure tank.
MENTIONED IN THIS ARTICLE
Long Beach
Calif
Signal Hill
Red Cross
Richfield Oil Company
Chief Orders Boat Returned
Police Chief E J Sankard ordered the skiff to be returned to Branston avenue youths Bob Bougat Douglas Cazeau and John Murbach after they reported their boat missing from the river bank on Third street. The three boys allegedly refused to surrender the craft when asked and claimed it was found floating downstream.
MENTIONED IN THIS ARTICLE
E J. Sankard
Bob Bougat
Douglas Cazeau
John Murbach
Branston Avenue
Third Street
Stankard
Florists Plan Free Bouquets For Shut Ins
Florists across the district organized last night for a June 10 distribution of complimentary bouquets to hospital patients, disabled veterans, crippled children, and other confined persons. The Florists Telegraph Delivery Association sponsors the national effort with about 5 500 florists. A meeting at City Hall gathered florists, scouts, garden clubs, and volunteers to coordinate recipients, flowers, and delivery. Mayor W H Van Oster presided as chairman.
MENTIONED IN THIS ARTICLE
Florists’ Telegraph Delivery Association
W. H. van Oster
Meade
Pfaudler Co Busy With Record Unfilled Orders
Pfaudler Co reports its Elyria plant has the largest backlog in history with dairy chemical and food plant equipment. The plant makes all one piece welded tanks locally while another plant in Rochester just landed a 500000 glass lined tanks order for a New York brewery. Elyria operates seven days a week with nearly full staffing, not expanding but fully utilized.
MENTIONED IN THIS ARTICLE
Pfaudler Co
Elyria
Chronicle-Telegram
Pfaudler
Rochester
New York City
Harp Advance In Trade Reported In Four Year Peak
Cleveland June 3 The Fourth District Federal Reserve Bank notes a sharpest trade advance in four years in its monthly review. Retail buying shows the strongest rise since 1919 with steel production soaring and automobile parts and assemblies expanding. Shoe output up 40 percent and building activity lagging. Cool wet weather moderates crop progress with winter wheat better than average and Ohio’s crop among the nation’s second largest. Automotive demand remains the base of iron and steel markets with continued auto industry gains in April and May.
MENTIONED IN THIS ARTICLE
Cleveland
Federal Reserve Bank
Ohio
Phantom Bandit Floyd Flashes at Oklahoma Dance Hall
In WeWoka Oklahoma on June 3 Charles Pretty Boy Floyd, Oklahoma’s phantom bank bandit, appeared at a dance hall near town and threatened three officers with sub machine guns before fleeing with two companions. Police pursued the getaway car and arrested two women, one said to be Floyd’s wife.
MENTIONED IN THIS ARTICLE
Wewoka
Okla
Charles
Pretty Boy) Floyd
Oklahoma
Here
J. R. Robertson
Robertson
Democrats Plan Dane For Affige Primary slate outlined
Democrats gathered at the Elks Club basement to file for the August primary in city school and township races. Baxter C. Sharp attacked Mayor W. H. Van Oster over patronage, pledging to appoint Democrats if elected. The meeting centered on forming the ticket with multiple wards and positions across Elyria.
MENTIONED IN THIS ARTICLE
Elks Club
Baxter C. Sharp
W. H. van Oster
Sharp
van Oster
W. J. Smith
Men’s
Democratic Club
Board of Elections
W. H H. van Oster
Everett Wilson
L L. Moody
John Lugaski
FE. W. Boland
Frank Billings
Willliam Jenne
Hattie Hansman
William Jones
Herman
Tom Kelley
Leonard Fisk
Carl Klein
Arthur Haury
Rodgers Kelleg
Leo Webber
Thomas Smith
Frank Henke
Joe Welsh
Elyria School Board
Maude Billings
J. L. Carpenter
Walter Carlin
Fred Bowers
Grace Pierce
Convicts Elude Posse In Oklahoma Hills
Two fugitives from the Kansas State Penitentiary escaped a pursuing squad of Oklahoma and Arkansas officers near Dripping Springs Oklahoma. They stole an automobile from a local farmer and drove westward into the Cookson hills, one of the region's rugged hideouts for outlaws.
MENTIONED IN THIS ARTICLE
Dripping Springs
Okla
Kansas State Penitentiary
Oklahoma
Arkansas
Cookson Hills
Civic Dinner Here Thursday in Elyria
An Elyria on Parade civic dinner and meeting will be held at the Elks Club on Thursday June Sth at 630 PM. The program includes talks by Elyria industrialists and a summary of the banking situation by T. O. McEldowney. Calvin Brown of Washington will deliver the main address. Open to the public, reservations encouraged to reach 500 attendees. the gathering will inventory Elyria’s assets and liabilities for future plans.
MENTIONED IN THIS ARTICLE
Elyria
Elks Club
T. O. McEldowney
State Banking Department
Calvin Brown
Washington
Open House at Elyria Y M C A Camp Sunday
Elyria Y M C A Vermilion river camp hosts open house Sunday from 1 to 6 p m with the camp director on duty to explain summer plans. Swimming allowed 4 to 5 p m and facilities including dining lodge and recreation rooms will be open for inspection ahead of the June 12 opening led by camp director Robert Goacher.
MENTIONED IN THIS ARTICLE
Tss-See-Kes
Elyria Y. M. C. A
Vermilion River
Siorrow
Robert Goacher
Petitions For Referendum On Master Built Extended
Circulation of petitions seeking a referendum on the Master Built will be continued until Monday June 12. The extension aims to gain more signatures, though Lorain County campaign leaders report satisfactory results and expect even better outcomes with more time. Additional petitions available from W F Eldred 575 West Broad Street.
MENTIONED IN THIS ARTICLE
Lorain County
W. F. Eldred
West Broad Street
Indian Chief Big Bear Dies and Leaves Elyria Hospital
Clifford Big Bear, a Bad River Ojibwe chief visiting Elyria Memorial Hospital for pneumonia, entertained patients with travel stories and wood carvings before leaving today for Cleveland. The illness prompted hospital staff and attendees to reflect on his life and ties to the reservation.
MENTIONED IN THIS ARTICLE
Elyria Memorial Hospital
Clifford Big Bear
Bad River Reservation
Wisconsin
Big Bear
Cleveland
More Men Are Called Back To Work In Martins Ferry
Martins Ferry Ohio June 3 six hundred men will be called to work in steel mills next week Laughlin Sheet of Wheeling Steel Corp idle four months will operate six mills beginning Monday and will employ 500 men Wheeling Structural Steel Plant will put 100 additional men to work
MENTIONED IN THIS ARTICLE
Martins Ferry
Laughlin Sheet
Wheeling Steel Corporation
Wheeling Structural Steel Plant
Hawks Sets New Cross U S Mark
New York dated dispatch reports Lieut. Commander Frank M. Hawks with a robot pilot setting a nonstop trans continental air speed record of 13 hours 26 minutes at Floyd Bennett Field. He averaged 161 mph in a 14 cylinder robot controlled plane and noted head winds slowed the time though the robot performed with remarkable steadiness.
MENTIONED IN THIS ARTICLE
New York
Frank M. Hawks
Floyd Bennett Field
Kansas City
Hawks
Colorado
Senate bars 25 percent cut in veterans benefits
Washington June 3 War veterans won back about 170 million of the 3420 million in disability and pension payments the Roosevelt administration planned to reduce. The Senate forbade any reduction exceeding 25 percent for Spanish American and World War veterans with disabilities from army service. The provision was added to the Independent Offices Supply Bill and sent back to conference with the House.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Senate
Independent Offices
House
Reconstruction Finance Corp disapproves Akron bank plan
Washington June 3 The Reconstruction Finance Corporation today disapproved the plan for reorganization of the First Central Trust Co at Akron Ohio The action anticipates a new plant would be brought forward and became known today.
MENTIONED IN THIS ARTICLE
Washington
Reconstruction Finance Corporation
First Central Trust Co
Akron
Ohio
Church of Christ Bible School Sets June Start and Graduation
The Church of Christ announces its Daily Vacation Bible School from June 12 to June 30 with a 9 am start and no afternoon sessions. Mrs. C. E Neher returns as general superintendent, with J. D. Funk directing Bible study for older students, Dorothy Barton for Juniors, Mrs. Charles Cheney for Primary, Miss Mabel Smith for Kindergarten, and Miss Jean Little teaching piano. Numerous capable teachers will assist. handwork projects planned. no tuition. Open to the public. parents may visit anytime. a large turnout is expected after last year’s strong showing.
MENTIONED IN THIS ARTICLE
Church of Christ
C. E Neher
J. D. Funk
Dorothy Barton
Charles Cheney
Mabel Smith
Jean Little
Publc
Bible School
Auto to Annual Bank Project in Cleveland
Washington June 3 Directors of the Reconstruction Finance Corporation authorized a purchase of 4 million dollars in preferred stock in the City National Bank of Cleveland Ohio to take over the reorganizat ion plan for the closed Union Trust Co and Guardian Trust Co of Cleveland The plan will raise the bank’s capital to 10 million and provide a 25 million loan on assets of the two failed banks with 18 million to Union Trust and 7 million to Guardian Trust The RFC will also lend 32.5 million to Union Trust and 11.1 million to Guardian on acceptable assets Depositors are to receive about 35 percent at Union Trust and 20 percent at Guardian Trust as part of liquidation.
MENTIONED IN THIS ARTICLE
Washington
Reconstruction Finance Corporation
City National Bank
Cleveland
Ohio
National City Bank
Union Trust Company
Guardian Trust Company
National City
Union Trust Co
Guardian Trust Co
Union Trust
Guardian Trust
First National Bank
Reforestation Group From Elyria to California
Young Elyrians in CCC Company 570 of Camp Knox are set to depart for active reforestation work in San Pedro California. Training at the camp covered field tasks and safety, preparing the group for the assignment. Exact numbers from Lorain County were not announced.
MENTIONED IN THIS ARTICLE
C. C. C. Company 570
Reforestation Army
Camp Knox
San Pedro
California
Pope Protests Spanish Laws Encyclical Critiques Church Tax Rules
Pope Pius XI issued the encyclical electissima nobis condemning Spain's new laws that bar church teaching and industry, threaten church property, and require taxes on church assets. He urges Spaniards to unite for faith and civic freedom, calling the measures anti church and a serious attack on religious liberty.
MENTIONED IN THIS ARTICLE
Rome
Pius XI
Electissima Nobis
Hold 8 Suspects In Kidnaping
Kansas City police and federal agents moved quickly after the kidnapping of Mary McElroy daughter of City Manager H F McElroy. A $30 000 ransom was paid and $9 000 recovered. Officials said a hideout was located within 29 hours. DOJ agents brought in three men and two women from Amarillo Texas, while eight suspects remained in custody.
MENTIONED IN THIS ARTICLE
Kansas City
Kang
Mary McElroy
H. F. McElroy
Department of Justice
Amarillo
Tex
Scorer Killed in Jap Mine Disaster
Japes reports a gas explosion at the Asaurea coal mine interior killing six miners and injuring several others. A large rescuing force worked through the day as officials investigated the blast and its cause amid ongoing emergency response.
MENTIONED IN THIS ARTICLE
Gasaki
Japes
Asaurea
Help
Sertewsiy
Also Mentioned on This Page
Bulletin
ST. Johns, Nfd
Aua-Simmy Mattern
Newfoundland
Seve
Florists
Phantom Bandit
Elude
Y.M.C
New Cross
U.S
Mark
Church of Christ Bible School
Union Trust and Guardian
Pope