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Newspaper
Warren Tribune
Location
Warren, Pennsylvania, United States of America
Date
Mar 12, 1928
Page
2
The Community Chest will distribute a three color folder in Warren on Tuesday and Wednesday detailing needs of seven participating organizations. A letter from "A Baby A Boy and A Girl" closes with a plea for local support March 10 to 24. Boy Scouts will distribute the folders to homes and workplaces to encourage reading and donations.
Republican leaders prepare to question Will iam M. Butler and Will H. Hays and Andrew Mellon about Sinclair funds tied to a 1920 campaign deficit. The probe covers $260,000 in Liberty bonds and subsequent attempts to raise or misallocate hundreds of thousands as Teapot Dome inquiries unfold. Senator Borah disclosed a March 5 letter urging repayment to Sinclair.
Borah accused the party of funding voters’ loyalty while maintaining self respect and justice. Butler rejected airings of the fund issue though pressure rose after Pratt papers linked Butler Andy Dupont and Weeks to bond handling. Mellon denied keeping $56,000 in bonds involved in the controversy.
Police arrest a Warren man for intoxication after a pool room sighting. A Gary driver damages a Yeagle Block panel in South Side. M. D. Edmonds, noted journalist, dies in Germantown Hospital. A 16 year old from Gifford killed after a train strike near Bradford. Thermometers hit sixty degrees in the business district. Highway bid plans with a March 28 hearing in Harrisburg for 27 675 feet of road work in Hamlin and Lafayette, McKean County.
Chamberlin Beinis argues U S mail and parcel post will fly daily coast to coast and airports should be in every city. He predicts airways similar to radio wavelength assignment and notes America will catch up with Europe in aviation as his De Havilland like flivver plane tour proceeds.
Frank Benger of Zanesville Ohio testified as secretary treasurer of sub district 6 of the United Mine Workers supporting Penrod and Sagle. He quoted Penrod on Owens and the United Mine Workers vow to stop contributions while noting railroads once took most coal yet buy none now, suggesting coal comes from non union strip in Ohio.
In Harrisburg Pennsylvania Ralph Beaver Strassburger’s name will not appear on the Republican primary ballot for delegate to the national convention. The Dauphin County court issued a mandamus denial and no full opinion was released. Strassburger had sought to compel the state election bureau to accept his petition after it was refused for lacking his personal signature while he was abroad.
Emory Cook of the Warren Chamber of Commerce states a DuPont silk plant has no planned site in Warren and that rumors of large local purchases are unfounded. Engineers surveyed 32 areas, Warren offered water and land data, but a different location was selected.
Rescue work in Santos is slow as crews clear debris from collapsed houses. Officials fear up to 200 fatalities and expect three more days to finish the cleanup. Dock workers and volunteers aid in body recovery as the coffee port town remains paralyzed. Community Cheat dollars all stay in Warren.
The report shows total gross assets of 572.45 with deductions of 3 12.30 and net assets of 9159.68. It lists earnings for 1923 to 1928 with dividends paid continuously except 1858 and 1859 and notes 1927 earnings down due to flood expenses and high fixed charges. Scrapbook note: market wisdom on patient trading ending with a copyright notice.
The report shows U S Rubber 1997 sales of 193 412 945 down 10.25 percent from 1926 with 10 232 052 net income available for dividends and a surplus of 2 024 991.72 after charges. National Cash Register 1927 net 7 044 642 equals 4 89 a share. Duquesne Light stock changes include preferred to common conversion and increased authorized common stock.
Regular weekly Life Study Club session at the YMCA Tuesday evening will be led by Edward W. Johnson trust officer of Warren National Bank. Johnson previously chaired the group and is expected to draw a large attendance with supper served promptly at 6:30.
The document lists prices paid for different oil grades by purchasing agencies and pipeline lines across multiple regions. It cites values for Pennsylvania Grade Oil, Bradford District Oil, Cabell Grade, and Someregional oils, with stations including National Transit Co. and Buckeye Pipe Line Co. among others, reflecting fragmented market rates.
Mr and Mrs Emory C Cook will lead a small party from Warren to the Muscle Shoals power project in Alabama. Ed ward Ochsner and Sheffield Ala organize tours and spoke at a Rotary luncheon. The inquiry trip aims to gather firsthand information for Chamber of Commerce inquiries.
A dense listing of prominent U S and international companies across oils chemicals steel and transportation. Notable names include American Express General Electric General Motors Standard Oil affiliates Standard Oil of New Jersey and Union Pacific among many others with scattered price indicators and ex dividend notes.
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