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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Apr 08, 1921
Page
3
The New York stock market opened irregularly and stayed dull with declining prices. Steel and minor rails fell as Pennsylvanian at 33 1 3% hit a new low, trading restrained by London advices and uncertain cash conditions. Call money reopened at 6 percent, steady from yesterday.
The report states the French heavyweight boxer will land in the United States during the first week of May to begin training. The move signals preparations for upcoming bouts and potential international competition.
Pittsburgh April 8 Sixteen to eighteen percent wage reductions were proposed by the manager's committee to represent the boiler room and stationery departments of the Pittsburgh railroad. The plan would cut current pay by cents an hour and reduce monthly earnings by about 25 dollars.
Fire alarm sounded at Hotel Jack on West Hy Street when a burning chimney caused the alert. Fire department arrived promptly but services were not required as the blaze was contained.
Thirty five Reading system shop employes, about ten thousand in the group, refuse to accept an 18 percent wage reduction proposed by general manager F M Hay. Spokesman SERS says the decision by the Wage Board clears up the case and asserts the shopmen are safe from further reductions.
Georges Carpentier has deposited $50,000 forfeiture money in a New York trust company to guarantee his July 2 bout with Jack Dempsey. Promoter Tex Rickard announced the arrangement amid reports of Carpentier’s intent and financial backing.
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