DailyTimeCapsule brief
November 10, 1936
On November 10, 1936, Western Union reported significant financial gains, earning $6.55 a share for the third quarter, a stark increase from $3.70 in the previous year. This strong performance underscored the company's vitality in the telecommunications sector during a time of economic uncertainty in the United States. Concurrently, American law enforcement took decisive action against perceived radical elements, raiding an American home believed to be associated with unrest, highlighting the tensions in domestic security. Across the Atlantic, a clash erupted in Paris as 2,000 members of the Communist party were dispersed by police while attempting to raid a Nationalist meeting, reflecting the escalating political conflicts in Europe as the continent edged closer to the chaos of World War II.
Key developments
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On November 10, 1936, Western Union announced substantial earnings of $6.55 per share for the nine-month period ending September 30. This marked a significant improvement compared to the $3.70 per share recorded in the same timeframe the previous year. The company's strong performance reflected its resilience during the Great Depression era.
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On November 10, 1936, an American residence in Nanking, China, was violently raided amid rising tensions in the region. The incident highlighted the dangers faced by expatriates during the turbulent pre-war period in China. It also underscored the impact of local conflicts on foreign nationals living abroad.
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On November 10, 1936, approximately 2,000 Communists attempted to disrupt a meeting of the French Popular Party in Paris. The protestors were met with resistance from police and guards, leading to their eventual dispersal. This incident highlighted the rising tensions between leftist and nationalist factions in France during the interwar period.