Banks urged to boost loans under 54 percent liquidity
Federal official Leo Crowley asserts banks could safely lend more than 5.0 billion dollars to business and industry. He says current 54 percent liquidity is too high and that banks should operate near 40 percent, converting excess cash and securities into loans to speed recovery.
MENTIONED IN THIS ARTICLE
U.S
Washington
Leo T. Crowley
Federal Deposit Insurance Corporation
Crowley
United
Blues Singer Intervenes in Autograph Fight at Empire Theater
Sophie Tucker, famed blues singer, got a black eye while stopping a fight between two fans outside the Empire theater in Shepherds Bush. She calmed the quarrel and continued signing autographs as the show went on with makeup to conceal the shiner.
MENTIONED IN THIS ARTICLE
London
Sophie Tucker
Miss Tucker
Empire Theater
Shephersbush
Sophie
Butte Man Hurt in Diving Accident at Gregson Springs
Fred Wilson, 37, of the Ford block, fell from a diving board at Gregson Springs striking his head on the cement wall. He was rescued by L H Langer, remains unconscious at St James hospital with possible skull fracture. Wilson, a Michigan native and miner, recently moved to Butte.
MENTIONED IN THIS ARTICLE
Gregson Springs
Fred Wilson
Ford Block
St. James’ Hospital
L. H. Langer
Gallatin Street
Wilson
Michigan
Butte
West Colusa
Lighting Montana Airways to Begin in Days
Montana will start lighting its airways within days with beacon lights and night-flying equipment. Construction begins at Livingston and proceeds westward. total Montana cost estimated at 275000 dollars.
MENTIONED IN THIS ARTICLE
Helena
Montana
Barclay Craighead
Wheeler
Livingston
Butte
Long Beach Hit by Tidal Wave
Freakish high waves along Los Angeles beaches, including Long Beach, wreck a $100,000 pier and flood docks. The cloudless day belied danger as breakers rose with the tide, believed caused by an unusual far sea current.
MENTIONED IN THIS ARTICLE
Long Beach
Cal
Los Angeles
Governor Urges State to Observe Constitution Day
Governor Frank H. Cooney designated September 17 as Constitution Day urging schools and civic organizations to participate. The proclamation calls all citizens to devote part of the day to celebrating the 147th anniversary of the signing of the U S constitution and highlights September as a month of patriotic remembrance.
MENTIONED IN THIS ARTICLE
Helena
Frank H. Cooney
United States
Treasury holdover from Hoover regime quits
Washington Sept. 5 Secretary Morgenthau reshapes the treasury advisory corps with three resignations this week. W R Stark, Hoover holdover, retires as chief of financial and economic research. George C Haas named director of a new research and statistics division. E G Bennett also resigns from the federal deposit insurance board. New moves align treasury policy with the president’s financial program amid tax and finance challenges.
MENTIONED IN THIS ARTICLE
Washington
Morgenthau
Corps
New Deal
Treasury
W. R. Stark
Hoover Administration
George C. Haas
Farm Credit Administration
Stark
Lewis Douglas
F W. Lowery
Douglas
E. G. Bennett
Federal Deposit Insurance Board
Butte Enjoying Autumn Weather
Butte had clear skies and sunshine after yesterday’s flood. The high reached 80 and the low 42 for a 24 hour period as barometric readings stayed steady, hinting at similar weather to come.
MENTIONED IN THIS ARTICLE
Butte
Eight Tons of Dynamite Found in Wealthy LA District
Police recovered eight tons of stolen dynamite in a posh Los Angeles neighborhood at Vermont Avenue and West Adams after a tip from underworld sources. Authorities say an additional ton may remain hidden as they pursue up to four suspects and continue a three day search into a powder magazine burglary.
MENTIONED IN THIS ARTICLE
Los Angeles
Vermont Avenue
West Adams
Conferences on Butte Strike to Resume at Hotel
Federal mediators P. W. Chappell and R. C. Jacobson announced a 10 30 morning conference at the Finien hotel to press talks between striking Butte miners and engineers and Anaconda mill and smelter workers with Anaconda Copper officials. Negotiations continue after morning and afternoon sessions with no further statements issued.
MENTIONED IN THIS ARTICLE
Butte
Finien
P. W. Chappell
R. C. Jacobson
Anaconda
Great Falls
Anaconda Copper Mining Company
Murder charge to be filed in Bozeman death
Dan O Holland 70 will face first degree murder charges for the shooting death of Frank Sparlin 68 near Bozeman after a coroner inquest. Witness Miss Emma Pritchard 53 testified sparking motive tied to papers about ranch ownership.
MENTIONED IN THIS ARTICLE
Bozeman
Dan O. Holland
Frank Sparlin
Jordan
Here
Fred Lay
Emma Pritchard
Sparlin
Holland
Miss Pritchard
Pritchard
School Trustees Announce Harris Hawke Teaching Posts
James C. Harris of Dillon 37 was named principal of Washington junior high. William Hawke Jr. 23 will serve as assistant high school coach and elementary physical director. High and junior high faculties set, art instructor to be decided.
MENTIONED IN THIS ARTICLE
James C. Harris
Dillon
Butte
Washington
William Hawke Jr
William T. Hawke
West Park Street
East Broadway
Political conventions to double representation under new law
The Republican and Democratic state conventions in Great Falls and Helena will have double the delegates per county under a new law. Each party will have 112 committee members, with candidates for state and national offices eligible to sit. The Democratic committee will elect a national committeeman to replace J. Bruce Kremer and a national committeewoman, Mrs. Rh. C. Batty of Billings. The meetings will also decide on a platform and resolutions and fill the vacant state chairmanship after W. W. McDowell’s death.
MENTIONED IN THIS ARTICLE
Great Falll
Helena
State Democratic Central Committee
J. Bruce Kremer
Rh. C. Batty of
Billings
W. W. McDowell
Duggan Named Assistant Chief of Police in Butte
Detective Jack Duggan was appointed and confirmed as assistant chief of the Butte police department at a city council meeting. He succeeds retirement of Joe Powell and will assume duties this evening. The council also adopted a resolution praising the board of underwriters for a 15 percent fire insurance rate increase tied to a three platoon fire department system. An ordinance establishing a $10 monthly license for advertising vehicles with radio or phonograph equipment was passed under suspension.
MENTIONED IN THIS ARTICLE
Jack Duggan
Montana
Butte
Silver Bow County
Joe Powell
Sus
Post Pushes Winnie May Up 8 Miles
Wiley Post piloted the Winnie Mae to more than 40 000 feet in 2 hours 2 minutes as a test before aiming for a 50000 foot altitude record. The aviator reported the pneumatic rubber suit and air pressure system performed well.
MENTIONED IN THIS ARTICLE
Chicago
Wiley Post
Winnie Mae
Post
Senate probes link ambassador to Electric Boat sales
Washington reports reveal Frederick Morgan former Brazil ambassador aided Electric Boat in selling submarines in Latin America in 1922. A letter records Morgan consulting South American salesman Luis Aubry and noting the naval mission would be consulted before further orders. Electric Boat VP L Y Spear warns civilization cannot stand another war.
MENTIONED IN THIS ARTICLE
Washington
Senate
South America
Electric Boat Company of
New York
Frederick Morgan
Brazil
Morgan
Frederick E. Chapin
Luis Aubry
L. Y. Spear
Electric Boat
Aluminum Trike Settled 8700 To Resume Work
Settlement of the month long aluminum strike sent 8,700 workers back to work. The Aluminum Company of America and Aluminum Workers' council announced the agreement late tonight. The strike began August 10, closing several plants across states. Union demands included recognition a universal wage scale and dues check off.
MENTIONED IN THIS ARTICLE
Pittsburgh
Aluminum Company of America
Aluminum Workers’ Council
Aluminum
American Federation of Labor
Roosevelt Creates Board To Probe Textile Strike
President Roosevelt formed a three member board led by Gov. John G. Winant to investigate the widespread textile strike and act as voluntary arbitration. Marion Smith and Raymond V. Ingersoll were named as the other members. The panel must report to the secretary of labor by October 1 under the national labor act.
MENTIONED IN THIS ARTICLE
Roosevelt
Hyde Park
N. Y
John G. Winant
New Hampshire
Marion Smith
Atlanta
Raymond V. Ingersoll
Brooklyn
National Labor Relations Board
Court of Appeals
Secretary of Labor
Also Mentioned on This Page
Deposit Insurance Corporation
Fargo
ST. Paul
Crosl Hunter
Northwest Airways
Twin Cities
Seattle
Hoover
Secretary of the Treasury
Henry Morgenthau Jr
Arthur A. Ballantine
Butte High
Colombo
Russ Colombo and
Lansin V. Brown JR
U.P
Russ Colombo
Brown
Russ
L. A
Underworld
Unions
Anaconda Co
Weather Forecast
James C. Harris William Hawke
State University
Douglas Gold
Margaret Leary
Gold
Winnie
Electric Boat Co
S. A
Naval Commission Aids
Naval Commission
Peru
Europe
Naval Mission
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