Grain Pit Stays Open Despite Suspension Edict by Farm Board (Universal Newsreel, Aug 1932)

Description

The original release sheet reads: 1. GRAIN PIT STAYS OPEN DESPITE SUSPENSION EDICT BY FARM BOARD: CHICAGO, IL - Defying the Federal dictum of a 60-day penalty suspension of activities, the Chicago Board of Trade celebrates the first day of the supposed closure by staging a record trading day, in which thousands of operators crowd the floor and indulge in a hurricane of sales and purchases that drive the price of wheat up ten cents a bushel and other grain prices in proportion. Peter B. Carey, Board of Trade president, says his fellow members believe the Farm Board has just about liquidated its wheat futures. This belief is spurring the market to frenzied buying and is putting new hope in the hearts of producers, he asserts. 2. FALSE ALARMS TO BE ELIMINATED BY NEW FIRE-BOX “HANDCUFFS”: TOLEDO, OH - Practical jokers and other persons, who turn in false fire calls just to see the engines tearing up the street, get a rough set-back as a new alarm-box hand-trap makes its debut. With this new invention, iron forceps seize the wrist of anyone jerking the hook of a fire department alarm station, and hold him tightly until the police and fire officials unlock it. Small boys on mischief bent and cranks with fire-buff tendencies no longer are able to drag firemen out at all hour of the day and night, without paying the penalty. An unusual device with a “gripping” denouement. 3. 18-YEAR-OLD TURKISH LASS WINS LAURELS AS 1932 MISS UNIVERSE: SPA, BELGIUM - Fatima comes into her own. The legendary beauty of Ottoman femininity receives the seal of approval of modern Europe, as Miss Keriman Ahalis, petite daughter of a former chamberlain of the Sultan, is crowned as the most beautiful girl in the world. With two ravishing blondes, Miss America and Miss Germany as close contenders, the brunette Miss Turkey walks away with first honors in a field of twenty-seven contestants. A real Turkish trophy. 4. THE TIDE TURNS, PART III - Industry continues upward march as renewed activity call thousands back to work. ABERDEEN, WA - Lumber mills near Grays Harbor re-employ 1000 men and women. Reawakened milling industry insures employment in many lumber camps within 30 days, as steamers load up with timber for China and other foreign countries. GRASS VALLEY, CA - Shut-down gold mines re-open and idling plants resume operations as gold strengthens in the world’s marts. Hundreds of miners start again as the demand for the precious metal rises. JERSEY CITY, NJ - One of the nation’s leading cheese manufacturers speeds up to capacity as the country calls for its product in increasingly large amounts. 100,000 packages of cream cheese and 20,000 jars of pimento cheese, now being turned out daily, require a full complement of dairy craftsmen. SAN FRANCISCO, CA - 4,000 stevedores go back to work as inter-coastal and foreign shipping takes a spurt. Matson and American Hawaii lines report a growing export trade, California frit and Western beef finding a ready market aboard. 5. WORLD ATHLETES HIT WHIRLWIND PACE AS OLYMPICS NEAR END: LOS ANGELES, CA - International kings and queens of water sports rise to a glorious climax in the breath-taking events that mark the closing days of the Tenth Olympiad. United States mermaids win one-two-three in the 3-meter Springboard Diving, with Georgia Coleman leading the field, in an amazing exhibition of aqua-acrobatics. American girls also take 1-2-3 honors in the High Diving contest. Dorothy Poynton, blonde Californian, astounds on-lookers with her graceful swan dives and other natatorial gymnastics, despite injured back that would have daunted the average girl. Eleanor Holm, 19-year-old New York entry, scores again for Uncle Sam, by conquering the standard bearers of three continents in the 100-meter backstroke swim, to the everlasting joy of Brooklyn, her home town. In the most nerve-wracking finish in rowing history, the Golden Bears of California nose out the Italian eight by a scant foot in the 2000-meter race and re-establish the world supremacy of American oarsmen as 80,000 spectators go into hysterics. Thrilling scenes of America’s shell and swimming aces in their great moments of world-famed victory. (LOCAL – PEEKSKILL THEATRE) GOV. ROOSEVELT DEDICATES ARMORY OF 156th FIELD ARTILLERY.

Collection

MCA/Universal Pictures Collection

Series

Motion Picture Releases of the Universal Newsreel Library