Wall Street Market Slumps Then Rallies Amid War Rumors
Liquidation persisted with industrials and select shares slipping three to eight points while a modest rally followed on rumors of a Soviet four day truce. By 2:30 pm the rebound faded and trading drifted downward. yields on U S Rubber, American International, and Chandler Motors showed 8 to 12 percent ranges as liquidation neared its presumed end.
MENTIONED IN THIS ARTICLE
U. S
American International
Chandler Motors
Anaconda
Utah
Market notes on earnings optimism and stock selling
The article notes a near 28 dollar per share annualized earnings figure and a stock trading around 301 4. It says Wall Street doubts the earnings are sustainable, despite assurances from industry bankers. It also discusses large share blocks triggering renewed selling and predicts a sharp market turn with a strong rally contrast to prior feeble rallies.
MENTIONED IN THIS ARTICLE
Wall Street
Compromise Plea in Murder Case for Cetrobone
Pasquale Cetrobone pleads guilty to murder in the second degree in Brockton. The compromise agreement between Cetrobone's counsel and District Attorney Katzmann comes ahead of a special Superior Court session where his trial was set for next Monday. Patrolman George B. Guyette was killed last November.
MENTIONED IN THIS ARTICLE
Cetrobone
Brockton
Aug
Pasquale Cetrobone
George B. Guyette
Fred G. Katzmann
Defeated bout ends in no contest in Jersey City
The light bout between Billy DeFoe and Ralph Brady was stopped in the fourth round by Referee Erhardt. Both fighters weighed 131 pounds and had been warned in rounds two and three for not giving their best. The match ended after the fourth round with a no contest decision.
MENTIONED IN THIS ARTICLE
Jersey City
N. J
Billy DeFoe
St. Paul
Ralph Brady
Syracuse
Erhardt
Roosevelt for the League and Reforms in Government
Franklin D. Roosevelt accepted the Democratic vice presidential nomination at Hyde Park Aug 8 urging a League of Nations and domestic reforms. He praised Cox, warned against partisan brings, and outlined plans for civil service, education, immigration, resource development, and government reorganization. He spoke from his Springside estate veranda amid notable attendees and a Tammany delegation before a campaign tour to follow.
MENTIONED IN THIS ARTICLE
Hyde Park
N. Y
Franklin D. Roosevelt
Cummings
America
James M. Cox
Roosevelt
Springswood
Homer S. Cummings
Democratic National Committee
Navy
Daniels
Smith
George White
William G. McAdoo
the Treasury
Norman EB. Mack
New York
Martin H. Glynn
Abram I. Elkus
Turkey
Byron Newton
Charles F. Murphy
Tammany
Roosevelt Pledged to League of Nations
The former president urged a League of Nations as a practical solution to current upheaval. He said it is not anti national but anti war and compared it to constitutional amendments noting the need for further changes.
MENTIONED IN THIS ARTICLE
Europe
Verdun
League of Nations
Riot Suspects Under Arrest in West Frankfort
More than 40 persons suspected of complicity in the anti Italian rioting were under arrest tonight. Quiet prevailed with no sign of renewed disorders. The guard was not yet restored, but militiamen continued patrols in the foreign quarters.
MENTIONED IN THIS ARTICLE
West Frankfort
Ill
No Trace of Coughlin Boy
Philadelphia police still lack any trace of 13 month old Blakely Coughlin, abducted from his crib on June 2, after Augusto Pasquale known as The Crank refused to reveal the child’s location. Pasquale, arrested in Egg Harbor New Jersey while attempting a ransom, claims the boy is alive and well. Major Lynn G. Adams voiced confidence the child will be recovered within days.
MENTIONED IN THIS ARTICLE
Lincoln
Congress
United States
Senate
America
Philadelphia
Augusto Pasquale
The
Blakely Coughlin
Pasquale
Egg Harbor
N. J
Coughlin
Lynn G. Adams
Pennsylvania State Police
Also Mentioned on This Page
Wei Team Ff
Atchinson
Missouri Pacific
J. P. Morgan & Co
Kuhn, Loeb & Co
Speyer & Co
Atlantic Gulf
Russia
Germany
Invincible Oil
Ion
Reis Lloyd Limited, Inc
Reign Exchange
Investment Securities Equitable Building
Telephone
Fort S
Ilk St
Boston
Ul Ziou
GEO. H. Perkins & Co., Inc
Broad St
Kilby St
Harburger, Kuhn
Investment Bankers ‘Vew
York
Tremont ST
Mass
Vienna
Rothschild
CAM Investment Securities
Kilby Street
Ince Pbell Co., Ltd
Foreign Exchange Telephone Main
Hitchcock Building
Springfield
Chicago Grain Market
R. E. Seamans Co., Inc
Houston B. Teenee
Sint
Houston
Teehee
League
Argonne
Democratic Party
Saleon
Family of Nations
House
placi/ harbor
Roosevelt Estate
Big Tammany
Mr. Roosevelt
Attaboy
Frank
Chicago
Pacific Coast
Coughlin Boy
Stamper
Ssp
N. TH
Usaks
del & H
del. & i
La&wn
Deneé
Ser Oe
M&f
Weewee
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