Word: telegraphe
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...economically desired or possible." By that definition, the Missouri convention of the NEA last week found a new challenge to freedom in the proposed NRA communications code. Section 4 of the code forbids rate discrimination in favor of any class of user. Did that threaten the traditional telegraph press rate (one-third of the full day rate, one-sixth of the full night rate) by which U. S. newspapers save $10,000,000 a year? The NEA feared it did, lodged a protest with General Johnson, asked that Section 4 be amended to make press rates sacred. Missing from...
...pundits began to predict a reversal in the major upward swing which started not with New Deal but on July 8, 1932. Yet the steel industry last week was operating at 60% of capacity-highest level since September 1930. April cigaret-production set an all-time record. American Telephone & Telegraph reported a net gain of 156,000 telephones in use for the first four months of the year against a net loss of 340,000 in the same period of last year. International Harvester reported its business for the five months through April amounted to $38,400,000 against...
...more consistently than any other bank in the U. S. The Baker holdings were appraised at $2,900 per share (current price: $1,680), making a total of $40,000,000. Other share holdings: 75,000 New York Central, 47,000 U. S. Steel common, 54,833 American Telephone & Telegraph (which last week were reported to have been sold), 32,500 Delaware, Lackawanna & Western R. R.. one share of Jekyl Island (Ga.) Club valued at $1,500. His chattels, appraised at $736,604, included a 16th Century Indo-Persian rug ($60,000); two Beauvais wall tapestries and four Beauvais...
...sooner had the meeting convened and the directors' report been read than Lawyer Neylan was on his feet, demanding a showdown on what had been rumored for many a day-AP's plan to send all its news pictures by telephoto. The idea originated with American Telephone & Telegraph Co. which had spent $2,800,000 on a telephoto system, only to abandon it last summer for lack of patronage. Prime reason: pictures were rarely good or important enough to warrant the expense of telephoto transmission instead of fast delivery by airmail. Secondary reasons: there were transmitting stations...
First to underwrite the telephoto project was the Baltimore Sun, which was also the first newspaper in the U. S. to install a Morse telegraph wire and a linotype machine. Other underwriters included the New York Daily News, Chicago Tribune, Chicago Times, Washington Star, Washington Post, Philadelphia Bulletin, Cleveland Plain Dealer, Cleveland News, Detroit News, Detroit Free Press, St. Louis Post-Dispatch, St. Louis Globe Democrat, Kansas City Star, Los Angeles Times, San Francisco Chronicle, Oakland Tribune, Denver Post, Atlanta Journal, Minneapolis Tribune, Des Moines Register and Tribune, Omaha World-Herald, Milwaukee Journal, Miami Daily News, Dayton News, Buffalo News...