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Newspaper

The Daily Mail

Location

Hagerstown, Maryland, United States of America

Date

Dec 19, 1936

Page

3

Senate group traces Morgan loan ties to Missouri Pacific

Washington Dec 19 A Senate railway committee traced 7.55 million dollars of Missouri Pacific Railroad borrowings from the RFC to J P Morgan and Company and associates. Morgan partner Arthur M Anderson testified the firm ultimately received that sum, while two Morgan partners said Morgan loans to the railroad are better collateralized than the RFC debt.

Washington Senate Missouri Pacific Railroad RFC J. P. Morgan and Company Arthur M. Anderson Morgan Reconstruction Finance Corporation Anderson George Whitney House of Morgan Missouri Pacific Morgan House Whitney Terminal Shares van Sweringen William A. Wyer John W. Barriger Morgans

Electric Equipment Sales Rise on Forecast for 1937

New York December 19 preliminary trade forecasts indicate electric equipment sales will surge with rising purchasing power in 1937. Over 2,000,000 household electric refrigerators were sold in 1936, a record, bringing units in use to about nine million. Installations are expected to exceed 2,250,000 in 1937. Electric ranges led 1936 gains, rising nearly 50 percent over 1935.

New York R. C. Cosgrove Westinghouse Electric Mfg. Co Reese

College Head in Accident at University of Maryland

Dr. Harry C. Byrd president of the University of Maryland escaped unharmed when his car rolled twice after a collision at a street intersection on the Eastern Shore native. He attended a memorial at the Peabody Conservatory but faced a police court summons for failing to yield the right of way. Elijah Foot faced a reckless driving summons. An oil painting was presented to the medical school dean, with Wake Forest’s Dr. Thurman Kitchen delivering the address. Gov. Harry W. Nice and Mayor Howard W. Jackson attended.

Easstern Byrd Elijah Footnegro Peabody James M. H. Rowland University of Marland Medical School Thurman Kitchen Wake Forest College Thomas C. Corner Charles Bagley, Jr Harry W. Nice Howard W. Jackson

Fruitmen to Gather Here for Maryland Horticultural Meeting

Maryland State Horticultural Society holds a three day annual meeting in January with orchardists from Maryland and neighboring states attending. Speakers include university horticulture heads from Indiana New Jersey Ohio and Maryland and there will be speakers from the U S Department of Agriculture plus educational exhibits. C E Bryan of Havre de Grace is society president.

Maryland State Horticultural Society A. F. Vierheller Extension Horticulturist College Park Maryland Laurent Greene Indiana M. A. Blake New Jersey J. H. Gourley Ohio A. L. Schrader U. S. Department of Agriculture C. E. Bryan Havre de Grace

Future Plans Are Outlined At Meet

President Roosevelt outlined some future plans during the first gathering of his official family in over a month. Cabinet members offered guarded notes on battleship construction and unemployment methods, with no decisions announced. Vice President Garner and Postmaster General Farley attended a lunch ahead of the cabinet session, and Secretary Swanson said a decision on building two new battleships was postponed until after January 1.

Washington Roosevelt Garner Farley Swanson United States

World Wheat Supplies Seen Adequate for Normal Needs

Government grain experts say world wheat stocks look ample for normal needs with potential market stabilization. Prices rose to multi year highs as futures jumped. analysts cite rising securities, buying power, and European import activity. Export supplies remain comfortable with Argentina Australia and Canada contributing strong volumes and Balkan stocks sizable for export.

Washington Chicago George A. Collier

Classified Ads Guide to Easy Home Searches

If you are in the market for a new home the classifieds offer a simple way to compare available properties. Look for listings by type price and location and use the ads to spot options that fit your needs quickly.

Sharpe Home Damaged in Fire on Hamilton Boulevard

The home of Forrest G. Sharpe at 1300 block Hamilton Boulevard was gutted by a fire just before 9 pm. Firemen battled flames for nearly two hours, with damage estimated near $5,000. Residents fled as smoke hindered access, and fire officials say the blaze started in a basement fireplace.

Forrest G. Sharpe Hamilton Boulevard Max Hoover Starway Sharpe Pangborn Corporation

Denial Of Murder Made by Gingell

Rockville Maryland December 19 Lawrence Gingell of Kensington denied Friday any link to a confession that implicated him in the killing of Elwood Matthews a 63 year old farmer described by authorities as wealthy He insisted the confession was a frame up and was arrested by police in connection with the case.

Rockville, Md Kng Elwood Matthews Lawrence Gingell Kensington

Extradition Waived in Maryland Slaying Case

Washington, brought by Montgomery county officers to Northwest Branch near Burnt Mills, where the body of Matthews was found last Sunday. The farmer had been missing since November 21. W Joseph Kirby of Scranton seized in Charleston, WV, confessed implicating Gingell and William Reed, 25, still at large, in Matthews slaying.

Washington Montgomery County Northwest Branch Burnt Mills Matthews W. Joseph Kirby Scranton Charleston W. Va Gingell William Reed

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