City council to discuss salary cuts and tax scrip plan
Tomorrow a council meeting will weigh cost cutting efforts led by W. D. Taylor to close a projected 55 000 deficit. The plan includes salary reductions for the year and possible use of Mars bill scrip on delinquent taxes to fund salaries, with consideration of issuing notes for tax payments.
MENTIONED IN THIS ARTICLE
Costefian W. D. Taylor
Taylor
Council
Lorake County
Loraim
m@ar
State Tax Commission
Loraig
Sweeping gains in U S foreign and domestic trade
Washington reports government statistics show broad gains in domestic business and improved foreign trade. May imports and exports total $221 million, highest since December. customs duties reach $20.6 million in May and $18 million in the first 24 days of June. Strong dollar depreciation aids foreign purchases and shipping activity rises at world ports. Panama Canal tolls for the first 24 days of June total $1.63 million versus $1.38 million a year earlier.
MENTIONED IN THIS ARTICLE
Washington
United States
Department of Commerce
Panama Canal
Steel production swings ten percent in New York
The Magazine From Age reports steel production at 53 percent of capacity, up from 50 percent the prior week, with March marking the start of a rapid recovery in the trade. The rebound is described as one of the sharpest in the industry’s history.
MENTIONED IN THIS ARTICLE
New York
Age
Necessary To Water Bonds Says Kahn
Washington June 28 Ot to H Kahn told the Senate stock market committee that it was necessary to water bonds. Audience and investigators laughed as the head of Kahn Loeb and Co. hastened to say he did not mean to water them in the sense stock is watered. He added bonds are tender plants and must be nurtured watered and tended carefully to maintain a market for a month after issue reaches the public.
MENTIONED IN THIS ARTICLE
Washington
Otto H Kahn
Senate Stock Market Committee
Kahn, Loeb and Co
Kahn
Weather Forecast Shows Steady Warm Conditions Across Regions
Forecast notes fair conditions with little temperature change. Yesterday’s highs reached 108 in Phoenix, 102 in El Paso and Huron. Today’s lows are 44 in Piagataf, The Pas, and Qu Appelle. No significant change expected in extended warm spell.
MENTIONED IN THIS ARTICLE
Phoenix
el Paso
Huron
Piagataf
the Pas
Qu’Appelle
Ew von Hoeeye
Labor Opposis Proposes Textiles Wage Policies
Organized labor opposed the cotton textile code at a National Recovery Administration hearing led by Thomas F McMahon of the United Federation of Textile Workers. He urged a 14 dollar weekly minimum, a 16 year age rule, and a 30 hour week, criticizing regional wage differences and exemptions while Deputy Administrator W L Allen challenged the stance.
MENTIONED IN THIS ARTICLE
Washington
National Recovery Administration
Thomas F McMahon
United Federation of Textile Workers
McMahon
W L Allen
Allen
North
Heat Causes Three Fatalities in Cincinnati
In Cincinnati heat claimed three lives over last night and today. Halmer Erickson aged 50 collapsed on a downtown street after exertion. Louis Y Pistor, 37, died in his bathroom at home. Edward Tharp, 69, was stricken at his residence Tuesday night.
MENTIONED IN THIS ARTICLE
Cincinnati
Halmer Erickson
Louis Y Pistor
Edward Tharp
Fish Added To City Park Pool Attract Attention
The City Park fountain has drawn growing interest after many fish were added from Sandusky. The new stock includes catfish goldfish and carp with one carp weighing thirty two pounds and a smaller carp around fifteen pounds. Park Commission member Frank Wilford notes about one fish for every ten goldfish remain in the pool.
MENTIONED IN THIS ARTICLE
City Park
Sandusky
Park Commission
Frank Wilford
Senate adopts intangible tax bill in Ohio
The Ohio Senate passed the Whittemore Intangible tax bill 23 to 4, creating a 6.807 million dollar school fund from levies on deposits and stocks, insurance, utilities, and intercounty corporations. House leaders urged quick adjournment while awaiting Senate action, amid talks of a possible special session.
MENTIONED IN THIS ARTICLE
Columbus. O
Senate
Ohio
House of Representatives
Frank Cave
House
Harry J. Davis
Cave
Boy Rescued From River After Toy Boat Incident
Arthur Perkins Jr aged nine slipped from a rock while sailing a toy boat on the Black River. Nellie Mann rescued him, pulling him from the water. He was returned home by Walter Mann and Jack Brown and was later reported to be fine and recovering.
MENTIONED IN THIS ARTICLE
Black River
Arthur Perkins, Jr
East River Street
Nellie Mann
Walter Mann
Jack Brown
Arthur
Major Cramer Dies. Noted Spanish War Vet Leader
Funeral services for Major Charles F. Cramer 71 former national commander in chief of the United Spanish War Veterans were held at his daughter's Lorain home. He died at the Soldiers Home in Sandusky after years as a Treasury Department construction official and Elyria post office builder. He organized the Euclid Light Infantry and was a Cleveland Grays member. a 33rd degree Mason and Shrine. A Spanish War Veterans service is planned at Lake View Cemetery chapel tomorrow morning.
MENTIONED IN THIS ARTICLE
Charles F. Cramer
United Spanish War Veterans
Lorain
Elyria
Arthur Smith
Erie Avenue
Soldiers
Sandusky
Cramer
United States Treasury Department
Cleveland
Euclid Light Infantry
Cleveland Grays
Shrine
Elke
Lake View Cemetery
Works Projects Committee Named
The first meeting of the Cham ber of Commerce Works Projects Committee is set for 3 30 P M Friday at the Chambers HQ for a full discussion of improvements that may be listed as eligible under the Federal Industrial Recovery Act. Ralph Murbach chairs the committee with E J Crisp J G C George W F Gosimar James A Hewitt J B Johnson J J Parks Ralph Snyder and George Stevens named as members. Earl Bacon reports the committee will work with city officials to obtain federal funds under the President's Industrial Recovery Act.
MENTIONED IN THIS ARTICLE
Works Projects Committee
The
Chamber of Commerce
Chambers
Ralph Murbach
E. J. Crisp
J. GC. George
W. F. Gosimar
James A. Hewitt
J. B. Johnson
J. J. Parks
County to Improve Eleven Roads in the County
County commissioners authorized County Surveyor J W Warden to proceed by force account with improvements on eleven roads at an estimated total cost of 13152 dollars. The listed roads include Butternut Ridge Wakeman Belden North Ridge Cook Vermont Street Gore Orphanage Island La Grange Cowley Chestnut Ridge and Quarry roads with mileages specified.
MENTIONED IN THIS ARTICLE
J. W. Warden
Butternut Ridge
Wakeman Belden
North Ridge Road
Cook Road
Vermont Street
Gore Orphanage
Island Road
la Grange
Cowley Road
Chestnut Ridge
Quarry Road
Brunner Likely Named Ohio Home Loan Administrator
Miss Marie McCurry confirmed Henry G. Brunner Mansfield state Democratic chairman has been offered the post of administrator for Ohio of the Federal Home Loan Act. He is expected to accept and travel to Washington this evening to finalize details. The role carries a $6000 annual salary with a Columbus base and branches planned in Cincinnati Cleveland Toledo and Akron.
MENTIONED IN THIS ARTICLE
Columbus
Marie McCurry
Democratic State Committee
Henry G. Brunner
Mansfield
Democratic Committee
Ohio
Brunner
Washington
Cincinnati
Cleveland
Toledo
Akron
Thomas E. Dye
Urbana
Hindenburg Demands Full Nazi Report After Huargenberg Exit
Berlin June 28 President Hindenburg accepted the resignation of Alfred Hugenberg from the Nazi cabinet and ordered Chancellor Hitler to provide a full report on recent political developments. The move signals a cabinet crisis as Nazis suppress rivals and press toward a one party state amid possible Reichstag action.
MENTIONED IN THIS ARTICLE
Berlin
Paul von Hindenburg
Alfred Hugenberg
Adolf Hitler
Hitler
Reichstag
Germany
Hindenburg
Profits Revealed In Kuhn Loeb Bond Scandal Inquiry
June 28 in Washington the senate stock market inquiry disclosed Kuhn Loeb and Co and associates earned 926000 from 1925 Chilean Mortgage Bank bond flotations sold to Americans and now in default. Buttenweiser testified profits were shared by three groups including the original syndicate and selling group to spread risk and responsibility.
MENTIONED IN THIS ARTICLE
Washington
Senate Stock Market
Kuhn Loeb and Company
Ferdinand Pecora
Benjamin Buttenweiser
Kuhn, Loeb and Company
Kuhn, Loeb and Co
Guaranty Trust Company of
New York
Lehman Brothers
Buttenweiser
Secret World War I Files Published in Two Volumes
Washington reports secret American diplomatic letters reveal allies’ disputes helped prolong the war. Kaiser sought to delay 1918 spring offensive for peace talks. Germany resisted Wilson terms. Col. E. M. House warned Congress might be needed as tensions with allies rose over supplies and strategy.
MENTIONED IN THIS ARTICLE
Washington
Germany
State Department
Kaiser
Wilson
America
Col. E M. House
Europe
Lansing
Congress
Great Britain
France
Italy
House
Germany Grieves Versailles Treaty Signing Today
Flags flew at half mast across Germany in grief and protest marking 14 years since the Versailles treaty. Demonstrations were planned for the afternoon and evening in Berlin at the Kroll Opera House City Hall Lustgarten Cathedral Opera Square and other sites.
MENTIONED IN THIS ARTICLE
Germany
Berlin
Kroll Opera House
Lustgarten
Cathedral
Opera Square
Near 90 Percent in Return of Waivers
An official of Lorain County Savings and Trust Co reports waivers totaling 4,301,544.49 dollars representing 89 percent of required waivers. Depositors without signed consents are urged to sign immediately to reopen the bank so depositors can access sixty percent of current restricted deposits.
MENTIONED IN THIS ARTICLE
Lorain County Savings and Trust Co
Nations Seek Gold Standard Defense League Formation
In London on June 28, the gold standard countries convened privately after an appeal to Secretary Hull failed, racing to organize a Gold Standard Defense League to stabilize currencies across Europe.
MENTIONED IN THIS ARTICLE
London
U.2
Cordell Hull
Europe
Milk Bill Explained Aimed at Dairy Profits in Ohio
About 200 dairy farmers heard Hal H Griswold explain the Burke bill at Herrick Auditorium Wellington. The law, as outlined, would organize producers, empower a milk commission to set rules for fair prices, regulate wholesale and retail prices if needed, supervise production, and license distribution and processing, with broad powers to settle disputes and price wars.
MENTIONED IN THIS ARTICLE
Ohio
Herrick Auditorium
Wellington
Hal H. Griswold
Dairymen’s Cooperative Sales Association
Griswold
Milk Commission
Body found along railroad tracks near West Ridge road
The body of 70 year old Wesley Carter, resident of the County Home, was found along the New York Central right of way about a mile and a half south of West Ridge road at 5 PM yesterday by Frank Balog while mushrooming. Sheriff and coroner suspect heat prostration. death listed as natural. Carter had been missing from the County Home for two days and may have been visiting friends in Oberlin. body sent to Taylor Funeral Home pending rural arrangements.
MENTIONED IN THIS ARTICLE
Wesley Carter
New York Central
West Ridge Road
Frank Balog
Vulcan Street
Elyria
Balog
H G Sparks
Williams Street
Clarence W Dick
C &. Ward
Carter
Oberlin
Taylor Funeral Home
Caddy Struck By Woman Golfer
Akron dispatch reports caddy Walter Kasmarek aged four suffered a two inch facial gash after golfer Miss Josephine Hollis of Take Forest Country Club Hadeen struck him for using alleged obscene language following her refusal to hire him to carry clubs. He was fined 910 and costs and sentenced to 30 days in jail by Mayor A N Waite of Hudson.
MENTIONED IN THIS ARTICLE
Akron
Walter Kasmarek
Josephine Hollis
Take Forest Country Club
Hadeen
A N. Waite
Hudson
Slums May Be Banished In Texas Cities
Austin report says slums in Texas cities may be replaced by neat homes built under the supervision of relief officials. The plan envisions contracted development to improve housing conditions in urban areas.
MENTIONED IN THIS ARTICLE
Austin
Tex
Texas
Ohio approves pari mutuel betting bill signed by governor
Governor George White signed the Emmons Bill legalizing pari mutuel betting on horse races in Ohio with an emergency clause. A four member commission was named to administer the act, with terms of one to four years, a secretary to be chosen, and salaries for the chairman and other members set.
MENTIONED IN THIS ARTICLE
Columbus
George White
Emmons
Ohio
George H. Blecker
Mansfield
Richland County
Randall H. Anderson
Youngstown
General Assembly
Isaac J Collins
Lancaster
James A. Shevlin
Cincinnati
Miss Alta Reefy Dies Suddenly in New York
Miss Alta Reefy 330 Third Street died in New York City from a cerebral hemorrhage while visiting her sister Dr Alice R Arnold. A Roanoke, Indiana native, she lived most of her life in Elyria and was active with the Women’s Auxiliary of Elyria Memorial Hospital and the Elyria Woman’s Club. Survived by three sisters, a brother, and a nephew. Funeral Friday afternoon with time to be announced. interment at Ridge Hill Memorial Park.
MENTIONED IN THIS ARTICLE
Alta Reefy
Third Street
Alice R. Arnold
New York City
Miss Reefy
Roanoke
Indiana
Elyria
Prof F. S Reefy
Elyria Democrat
Elyria Memorial Hospital
Branded Chilean Mortgage Bank Described Safe By 1938
Washington June 38 The Senate investigation of Kuhn, Loeb and Company reveals that in 1938 the Coolidge administration commerce department described the Chilean mortgage bank as safe and successful. Since then it has defaulted 90,006,006 in securities held by American investors.
MENTIONED IN THIS ARTICLE
Pecora
Buttenweiser
Coolidge
Commerce Department
Washington
Senate
Kuhn, Loeb and Company
Commission Energy with law links to rental sale limits
A state enacted law empowers the re lef commission sheet to set maximum rentalised purchase prices for homes. The action targets homes attracted by limited dividerd hee ing companies.
MENTIONED IN THIS ARTICLE
Relef Commission
Davis Confers With President Aboard Amberjack
Norman Davis, head of the American delegation to the Geneva disarmament talks, met with President Roosevelt aboard the schooner Amberjack off Mecum Bay Me. The pair, transferred from the destroyer Bernadou through a misty sea, planned to conclude their talks so Davis could continue to Migchas and then New York.
MENTIONED IN THIS ARTICLE
Lakeman’s Bay
Libay Islands
Franklin Roosevelt, Jr
Davis
Migchias
New York
Ohio Profit From Grain Prices Could Rise
Ohio faces potential gains from grain price shifts with expected impacts across markets. Analysts note factors shaping prices include weather, demand, and policy, signaling possible profits for farmers and processors in 1940s market context.
Also Mentioned on This Page
Oweeping Gaikd IN Business
United Press
Bulletin
Bonds
John Nelson
Rotary International
Montreal
Boston
Boyd
Major Cramer
Oan
Federal Home Loan Act
Kurk Lolb and Company
Bill
Safe
Jane
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!