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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Aug 08, 1938
Page
9
Roger W. Babson reports a brighter railroad outlook in two months with freight rising from 500000 to 600000, potential annual revenue boosts from rate hikes and wage cuts, and hope for a real prosperity period as loadings improve. He notes fare increases, unions, feather bedding, and a looming wage adjustment to save costs.
Fiorello La Guardia climbs a steam shovel at a groundbreaking ceremony for the new criminal courts building and city prison, a tense moment captured as officials witness the event.
The railroads cut costs over the past year with commodity prices down and material buying savings about 30 million annually versus 1937. A table shows potential yearly gains totaling 485 million from freight traffic gains, higher rates, fare increases, and wage cuts, offset by expected higher expenses for labor, infrastructure, and equipment.
The 11 year old son of Mr and Mrs Parson of 438 West Leicester street died Sunday morning at St Luke's Hospital Richmond Va after an operation for osteomyelitis diagnosed Friday He was a junior choir member and student at Handley School The funeral is Tuesday at 4 from the parental home with interment in Mount Hebron Cemetery Pallbearers and flower-bearers are named including J K Wheeler Raymond Saxem and June Robinson
Mrs Helen Wright executive secretary of the Winchester Frederick chapter of the Red Cross says a Board of Governors meeting will be held at her office at eight o clock tonight Important business will be transacted and all members are urged to attend The note discusses railroad securities and investor attitudes toward rail carriers with focus on deficits and market trends
The governor pledged to back wage increases and to fund a soup kitchen that would employ wives of strikers to feed the picket line for the duration of the labor dispute.
An Arab was killed and eight people were wounded when a bomb exploded in a vegetable market in Tiberias on the shores of the Sea of Galilee. A second device exploded near Peace street but caused no casualties.
Col. Charles A. Lindbergh and Mrs. Lindbergh landed at Lympne airport at 12 40 p m after a flight from Le Bourget Paris. They cleared customs and proceeded to Reading where the colonel’s airplane was built for repairs and alterations.
TOKYO Aug. 8 The steamer Canberra Maru reported reaching Douglas reef with no trace of the Hawaii Clipper which disappeared July 28 while flying from Guam to Manila. Government orders a continued search for as long as water and provisions permit with a fishing boat aiding the effort.
New York Aug 8 secretary of commerce Daniel C Roper called this years congressional elections a weather vane for the leadership of 1940. He and Mrs Roper arrived from Europe aboard the Queen Mary and declined to comment on prospects of a further political move.
President Roosevelt announced his bid for a third term and expressed optimism about improving business conditions across the nation. He stated that business is improving throughout the country and cited growing economic signs.
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