Pinched Prosperity Amid Bank Failures and Market Slump
A wave of bank failures and a sagging stock market depress the economy as copper prices fall and steel orders decline. Railroads cut jobs while a major air rail system raises fares, and Wisconsin Republicans omit the usual pro president clause signaling GOP tensions. The tariff law’s passage remains a potential further blow as public discontent grows.
MENTIONED IN THIS ARTICLE
Wisconsin
Congress
Hoover
Ancient city ruins in Arizona entice treasure of the past
A federal land inspector reports ruins more than two miles long and half a mile wide in a dry Arizona region. Traces of irrigation, masonry, grinding stones, and pottery hint at an ancient civilization. Indians credit the site as one of the Seven Cities of Cibola, promising valuable information for museums and state history.
MENTIONED IN THIS ARTICLE
Cibola
Arizona
Southwest
Tombstone Mining Revival Sparks Old Southwest Charm
The Phoenix Evening Gazette notes Tombstone gains a mining boom with claims rush and large company options. It recalls the town’s vibrant past, its long struggles, and hopes the revival becomes permanent, potentially surpassing former prosperity despite changes since the old Southwest days.
MENTIONED IN THIS ARTICLE
Phoenix Evening Gazette
Tombstone
Old Southwest
Tucson Wins as Rodriguez Quits Pitching in Seventh
Artie Rodriguez was pressed into relief duty for the Texans as Tucson exploded for five runs in the seventh inning to turn a 4 4 tie into a 9 to 5 victory over El Paso. Timely hitting aided the comeback with several key hits in the late frame.
MENTIONED IN THIS ARTICLE
Tucson
Ariz
Artie Rodriguez
Three Parole Board Members Named by Attorney General
Attorney General Mitchell announced the selection of Irvin B. Tucker from North Carolina, Amy N. Stannard from Washington DC, and Arthur D. Wood from Michigan as members of the federal parole board. The appointments align with recent prison reform legislation and reflect a key step in reorganizing federal prisons.
MENTIONED IN THIS ARTICLE
Parole Board
Washington
Mitchell
Irvin B. Tucker
North Carolina
Amy N. Stannard
Washington, D. C
Arthur D. Wood
Michigan
Federal Parole Board
Copper Prices Slip Then Recover in New York Trading
In New York on June 12 the domestic copper market fell to 12 cents per pound before bouncing to 13 cents. The slide followed an earlier drop from 18 cents.
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New York
Florida
al Capone
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