Banking Pool Assets in 1928 Totals 250 Million
A historical report notes a banking pool in 1928 totaling 250 million dollars. Six participants each contributed 40 million, while Guggenheim Brothers supplied 10 million.
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02 Jun 1933
Page 1
Winchester Evening Star in Winchester, Virginia
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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Jun 02, 1933
Page
1
Officials Clash Over Circus Incident During Session
A heated session centered on a circus incident as Morgan and associates sparred with committee members over a midget being placed on a financier's lap. The exchange highlighted tensions around event handling and accountability.
MENTIONED IN THIS ARTICLE
Morgan
Substitute Taxing Plan For Public Works Funding
Senate finance committee hears a complete substitute for the House taxation plan to finance a 3.3 billion public works section. Chairman Harrison presents a measure aiming to strengthen existing law against private bankers amid testimony from J. P. Seenoying and Company briefings.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
House Plan of Taxation
Senate Finance Committee
Harrison
Senate
J. P. Seenoing and Company
Morgan pool ties assets to 250 million in 1929
The Senate inquiry into J. P. Morgan and Company disclosed a pool dubbed joint suspense account with 250 million dollars in assets. Six parent banks pledged 40 million each, Guggenheim Brothers 10 million, and officers and directors tied to personal loans from 1927 to 1931 were named. Governor Pinchot pressed for Kephart's resignation as the stock was linked to a Pennsylvania Supreme Court justice. Morgan and Pecora shared light moments over a midget incident, while cameras were kept out of the room.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Senate
J. P. Morgan and Company
George Whitney
Morgan
Guggenheim Brothers
J. P. Morgan
Ferdinand Pecora
Whitney
EK. W. Marland
Oklahoma
Robert E. Olds
State Department
Frank W. Stearns
President Coolidge
Morgan House
John W. Kephart
Pennsylvania
Kephart
Pecora
Fletcher
Roosevelt Orders 200000 Toilet Kits Purchases For Reforestation
Maj. Gen. John L. DeWitt testified before the Senate military committee that Robert Fechner said President Roosevelt instructed him to buy 200000 toilet kits from Bevier and Company for reforestation camps. Secretary Howe said he advised Fechner to seek the President’s full guidance before acting. Fechner claimed orders from the President and a later instruction to halt further purchases.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
John L. DeWitt
Army
Senate Military Committee
Robert Fecher
Roosevelt
Fechner
Bevier and Company
New York
Louis McHenry Howe
DeWitt
Senator Black
Alabama
Howe
War Department
Weber and wife injured in New York taxicab crash
Comedian Joe Weber, 65, and his wife Lillian, 56, were seriously hurt when their taxicab hit a steel pillar on Columbus Avenue near Eighty sixth Street. Weber suffered internal injuries and a broken right ankle. Mrs Weber fractured right thigh with cuts and bruises. Driver Solomon Newman was uninjured. three friends in the cab were also hurt.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Joe Weber
Weber and Fields
Lillian
Weber
Columbus Avenue
Eighty-sixth Street
Solomon Newman
Newman
Hiram A. Gosner
Stock market rally lifts prices across broad front
New York stocks surged in early trading on June 2 with gains of one to more than three points across many issues. Commodities rallied with utilities leading the advance as Sterling opened near 3.984 dollars and call money stood at about 1 percent.
MENTIONED IN THIS ARTICLE
Associated Press
New York
South End Hose Co Regular Meeting Notices
South End Hose Company holds a regular business meeting on Monday night June 5. Attendance and details are incomplete but indicate a full turnout and a scheduled session for discussion and decisions.
MENTIONED IN THIS ARTICLE
Sarah Zane Fire CO
South End Hose CO
Paul T Grant Dies After Illness at 45
Paul Tyler Grant 45, longtime Winchester Virginia employee of the Chesapeake and Potomac Telephone Company, died suddenly at his home on South Cameron Street after a long illness. He is survived by his wife Virgie Stickley two daughters Pauline and Hagel a son Eugene and three sisters. Burial will be at Mount Hebron Cemetery with funeral arrangements pending.
MENTIONED IN THIS ARTICLE
Paul Tyler Grant
Winchester
Chesapeake and Potomac Telephone Company
Virginia
South
Cameron Street
Mr. Grant
Winchester Memorial Hospital
J. Stuart
Virginia Elizabeth Grant
Grant
Virgie Stickley
Calvin Stickley
Reliance
Warren County
Pauline
Hagel Grant
Eugene Grant
Theie Homedue
Erine—Irginia Grant
Mount Hebron
Germany plans moratorium on foreign debts
Berlin June 2. Dr Hjalmar Schacht Reichsbank president announced in Berlin that a moratorium on all Germany external debts will be declared early next week. A joint communique from delegates followed the five day bankers conference. He said the decision to act is irrevocable and that Germany will halt shrinkage of gold and devisen until a world economic conference decides further steps.
MENTIONED IN THIS ARTICLE
Associated Press
Berlin
Hjalmar Schacht
Reichsbank
Schacht
Germany
Old Cemetery To Be Cleaned At Mount Hebron
The annual cleaning and renovating of the Mount Hebron church and cemetery near Whitacre is set for next Thursday June 8. Relatives and interested parishioners should meet at 1 PM with tools to work.
MENTIONED IN THIS ARTICLE
Mount Hebron
Whitacre
Senate Takes Up Pay Amendment
Washington June 2 Senate overruled its rule to allow debate on an amendment to the individual officers bill. The measure would cap any cut in veterans with service connected disability pay at 15 percent.
MENTIONED IN THIS ARTICLE
Washington
Senate
Regular monthly meeting tonight at 8 o'clock
A regular monthly meeting is scheduled for tonight at 8 o'clock. A large attendance is requested. The note mentions Trik Tamm MM LAMP as perhaps involved or inviting attendees.
MENTIONED IN THIS ARTICLE
Pras
Expansion Continues Says Dun and Bradstreet Review
New York June 2 Dun and Bradstreet weekly review notes continued industrial expansion. It cites an upward trend in consumption employment and wage levels as the forward swing with rapid constructive developments.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Dun and Bradstreet Weekly Review
National City Made No Report on 1929 Payments
National City Company official testified that the firm did not report 666000.00 paid on July 1 1929 from a management fund to Charles B Mitchell nor other officer payments to federal or state authorities. The trial involves former company and National City Bank leadership on income tax evasion charges.
MENTIONED IN THIS ARTICLE
Associated Press
New York
Frank J. Maguire
National City Company
Internal Revenue Department
State Income Tax Bureau
Albany
Charles B. Mitchell
National City Bank
Maguire
Uea
Perea
Mitchell
Washington
Steuer
Robbers Hit Zeppo Marx Home in Los Angeles Haul
Zeppo Marx reports a masked robbery at his Los Angeles apartment last night. Jewelry taken includes a platinum ring with a 12 carets stone valued at 12000 dollars, a ruby and diamond bracelet also worth 12000, diamond set clasps worth 4000, and a diamond pin worth 200. No description of the robbers. Zeppo recalled a similar theft five months earlier that yielded 37500 dollars.
MENTIONED IN THIS ARTICLE
Associated Press
Los Angeles
Cal
Zeppo Marx
Brothers Marx
Marx
Zeppo
Mrs. Marx
Hawks Test Automatic Pilot On Long Flight
Lieut. Comdr. Frank Hawks launched a nonstop test flight from Los Angeles Municipal Airport to Floyd Bennett Field aboard a Robot controlled 14 cylinder plane. The automatic pilot aimed to hold the course within two degrees, offering greater precision than a human pilot.
MENTIONED IN THIS ARTICLE
Associated Press
Los Angeles
Frank Hawks
Floyd Bennett Field
Brooklyn
N. Y
Closing Notice for Rexall le sale and Brooks Pharmacy
The Virginia Loan and Thrift Office will close at 1.00 p m on Saturday for a legal holiday. REXALL le SALE and Brooks Pharmacy announce closures on Thursday Friday and Saturday June 1 2 and 3 with notices for the public.
MENTIONED IN THIS ARTICLE
Va. Loan & Thrift
National Fruit Reports Steady Trade Pickup In Winchester
The National Fruit Product Company reports a better business outlook with growing demand for vinegar jelly sauce and related products. Frank Armstrong Sr says the rise follows a winter dip and 14 carloads of Shenandoah Valley vinegar were sold to the Sanitary Grocery Company, signaling a substantial order and ongoing expansion.
MENTIONED IN THIS ARTICLE
National Fruit Product Company
Winchester
Frank Armstrong
Washington
Armstrong
Ter
Sanitary
Sanitary Grocery Company
Shenandoah Valley
Virginia
Maryland
District of Columbia
Sanitary Company
Rainy May Exceeds Averages In Winchester Vicinity
Weather records from the Winchester Research Laboratory show rain on 17 of 31 days in May. Total May rainfall was 6.06 inches, above the 20 year May average of 3.73 inches. Year to date rainfall runs about 40 percent above the regional average.
MENTIONED IN THIS ARTICLE
Winchester Research Laboratory
Winchester
Dr James A Miller Opens General Medicine Office
Doctor James A Miller announces opening in his practice at 110 North Braddock Street for general medicine and surgery. Phone number 112 listed. Also Wool and Winches ter Junk Co advertises best prices at 13 Fairfax Lane.
MENTIONED IN THIS ARTICLE
James A. Miller
North Braddock Street
Winchester Junk Co
Fairfax Lane
Public Sale Notice at 304 N Kent Street
Household goods to be sold at public auction Saturday June 3 at 1 p m. Address 304 N Kent Street listing Mrs J C Smith as seller.
MENTIONED IN THIS ARTICLE
N. Kent St
J. C. Smith
Confederate Memorial Day Observances Tied to Davis Birthday
Virginia observes a legal holiday for Jefferson Davis birthday with calls to display the Stars and Bars. Turner Ashby Chapter U D C promotes flags for two June events in Winchester and invites Veterans of Foreign Wars Post 2123 to parade as guests of honor. Special Memorial Day services at Stonewall Cemetery feature Rev. Dr. S delivering the keynote.
MENTIONED IN THIS ARTICLE
Virginia
Jefferson Davis
Turner Ashby
United Daughters of the Confederacy
Jefferson
Kurtz Furniture Store
Peoples Bargain Store
Boyd's Drug Store
Daughters of the Confederacy
Winchester
Wv. F. W
Winchester Post
Veterans of Foreign Wars
Sons of Confederate
Stonewall Cemeory
Centenary Rch
Buried Alive Stunt At Ridgeway Resort Reopens
The masked man from Martinsburg is buried at 5 AM in a box four and a half feet deep with 18 inches of soil above. He receives nourishment via tube, air, radio, and telephone. Hair length to be guessed for a prize. duration depends on health and cold resistance.
MENTIONED IN THIS ARTICLE
Ridgeway
W. Va
Martinsburg
Negro Felon Eats Triple Steak Before Death in Chair
In Ossining New York William H Jackson a 40 year old Niagara Falls man requested a triple steak and a mountain of French fries before execution. He was led to the electric chair at 11 04 last night after being condemned for killing King Turner in Niagara county and pronounced dead by nine doctors.
MENTIONED IN THIS ARTICLE
Associated Press
Ossining
N. Y
William H. Jackson
Jackson
Niagara Falls
King Turner
Niagara County
For Sale Norton Hotel Furnishings in Room Lots
All steel Simmon s furniture in room lots including beds springs mattress pillows dresser table desk chair luggage bench arm chair electric fan in good condition Also safe cash register showcase leather covered seating tables gas refrigerator Phone 142 W 6-2-1p-1t
MENTIONED IN THIS ARTICLE
Norton Hotel
Simmon
Travel luggage for boys and girls shown by Moling and Cath er
Travel luggage styles for boys and girls are displayed by Moling and Cath in the showroom. The collection features durable bags with multiple compartments and bright colors suited for school and travel.
MENTIONED IN THIS ARTICLE
Moling & Cather
Beauty Nook Highlights Wave of $5 and $3 Items
A local listing notes price waves at five and three dollars for items at Beauty Nook, catalogued under the 1312 address. The brief advertises affordable goods and a small shop promotion aimed at attracting bargain shoppers.
Mission Offering Diverted To Missionaries At Christ Church
The regular church offering at Christ Episcopal Church Sunday morning will be given to the Missionary Branch to pay missionary salaries. Rev. Robert B. Nelson said no service Sunday evening due to the Handley High School graduation exercises at 8 PM in the school auditorium.
MENTIONED IN THIS ARTICLE
Christ Episcopal Church
Robert B. Nelson
Christ Church
Handley High School
Gasoline Service Station Opening Notice
Saturday June 3 a new Gasoline Service Station opens at Bickers Motor Place run by Ip-11 Bryan Stotler invites local customers to visit and use the new service.
MENTIONED IN THIS ARTICLE
Bickers Motor Place
Bryan Stotler
Winchester academy marks 148th commencement graduates from five states
Rev. E. T. Clark delivers address at the Shenandoah Wil Academy 148th commencement in Handley Library. Twenty one cadets receive diplomas and post graduate certificates from Col. Roszel. Recipients come from five states including Winchester and Washington, D. C. Cadet Scott of Winchester wins a University of Virginia scholarship. Final events of 1933 finals to conclude tonight.
MENTIONED IN THIS ARTICLE
E. T. Clark
Winchester
Scott
University of Virginia
Shenandoah Wi Academy
Handley Library
Union
B. M. Roszel
Piss Baptist Church
Mr. Clark
Col. Roszel
Samuel Scott Hansbrough
Henry Richard Neville
Upperville
Richard Blakelock Owen
Washington, D. C
John Southgate Lemmon Ros
Baltimore
George Edward Brine Jr
Towson
Alfred Robert Scott
Paul Edward Blech Wainwright
Wien
Louis Eugene Las He Fager Hae Herring
Henry
Preston Ryan
Lucketts
Glenn William Seabright
Nathan Leonidas Stedman
Halifax
N. C
David John Hasinger
Indiana
Donald
Vincent Shannon
Jackson
Academy
Flashes of Life Mixes Hope and Local Tidbits
In New York Prof C A Ariens Kappers predicts nerve health improves as modern living eases during boom years. Oklahoma City reports trap champion H E Grigsby wins state title after a shoot-off with sister W F Stanton. Gloucester sees blue jay nuisance near Doedzer home. Homer Cochran pleads guilty to reckless driving in Oklahoma City, pays $10. In San Francisco judge reduces Will Graham fine from 44 to 25 after baby birth funds cited. Portland’s O Gibson Hubbard noted for luncheon club soup and juice showers.
MENTIONED IN THIS ARTICLE
Associated Press
New York
C. A. Ariens Kappers
Central Institute of Brain Research of
Amsterdam
Oklahoma City
H. E. Grigsby
Oklahoma
W. F. Stanton
Grigsby
Homer Cochran
Also Mentioned on This Page
Guggenheim Bros
R. B. Brown
Ucdiitu
Seocaptarsn
Paul 7. Grant
Rouss Fire CO
Owrexiratn
National City
Hawks
Rexall le Sale
FBI
Brooks’ Pharmacy
National Fruit Reports
Frank Armstrong, Sr
Long Trip
Sanitary Chain
White House
U.D. C
Eugene
Beauty Nook
Boyce
Alumni Association
Boyce Agricultural High School
Emmanuel Episcopal Chapel
Charles T. Warner
St. Alban’s
Anna Carroll
Annie Bose
Helen Anders
Aileen Payne
Ralph Buckley
Robert McDonald
Loyd Martin
Herbert Cooke
C. V. van der Linden
Boyce Baptist Church
Helen Lane
Helen Bailey
Harry Barr
C. O. Dearmont
Brands
Felton
Glee Club
Boyce School
Robert S. Walter
Misses Lane and
Bailey
Mr. Barr
Anna V. Carroll
O A. F. Robertson
W. W.eaton
Rev
W. Wr. Stevens
Gloucester
N. J
George
Doedzer
San Francisco
William B. Graham
Frank H. Kerrigan
Kerrigan
Portland, Ore
O. Gibson Hubbard
Portland
the Journal
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