Market Dampens in Mixed Stock Actions and London Trade
Stocks fell on profit taking and short selling as traders cooled after yesterday’s rally. Major names including United States Steel and General Electric declined while bond and money markets showed firmness, with potential Fed rate moves eyed amid unsettled foreign exchange as London stocks opened steady.
MENTIONED IN THIS ARTICLE
John L. Cooley
New York
Salea
United States Steel
American Can
Allied Chemical
Case
Dupont
Eastman
General Electric
American Telephone
New York Central
Northern Pacific
Lackawanna
Norfolk and Western
Baltimore and Ohio
Atchison
Union Pacific
Federal Reserve Bank of New York
London
Paris
Anaconda Copper i Mining Company
Anaconda
Market swings fade gains as stocks pull back
September 24 New York trading opened with a reactionary turn after yesterday's rally. Rail shares led losses with Santa Fe and Union Pacific down, while New York Central fell back after a brief rise. Bonds softened and cotton advanced, with mixed results among major industrials as traders priced in yesterday's gains.
MENTIONED IN THIS ARTICLE
New York
Bept
Proat
Ralls
Santa Fe
Union Pacific
New York Central
American Telephone
U. S. Steel
American Can
Dupont
National Biscuit and Loews
Iowa Delegations Split Over Prohibition Referendum Vote
Iowa divisions emerged in a convention as resolutions committee backed repeal by 2 votes amid faction clashes led by Dan Steck. Strong departments including New York and Pennsylvania favored the referendum while nine candidates ran for national commander as early ballots suggested possible withdrawals.
MENTIONED IN THIS ARTICLE
Witneis
New York
Penneyivania
Dan Steck
Iowa
Bern
Slow progress in Hensley grand jury in Roanoke
In Roanoke Virginia on September 24 the special grand jury probing Hensley charges made slow progress. The bootleg situation drew renewed attention as first witness Seekia tefiel testified in the morning and remained in an experimental room for some time.
MENTIONED IN THIS ARTICLE
Roanoakz
Hensley
Seekia Tefiel
Sterling Breaks Through 4 Level in New York Open
The British pound climbed to 93.90 at the market open, with Cable transfers down 210 cents from the prior close. Banks noted erratic Sterling moves and bids near 3.90, including a low at 3.88, while other currencies were unavailable due to the volatility after Britain suspended gold payments.
MENTIONED IN THIS ARTICLE
New York
Great Britain
Gilford to outline relief plan on first radio address
Washington Sept 24 The objective of President Hootes relief organization for the coming winter will be outlined Sunday night by Walter B Gilford in his first radio address since assuming leadership of the work.
MENTIONED IN THIS ARTICLE
Washington, D. C
Hootes
Gilford
Fishermen Told Dast Plentiful in James River Area
Lexington Virginia September 24 Major A Willis Robertson head of the state Game and Inland Fisheries Commission reports that dace are plentiful in the James river nearby Glasgow with abundant catches expected from pools above and below the town Fishermen are advised to fish carefully and observe local regulations.
MENTIONED IN THIS ARTICLE
Lexington
A. Willis Robertson
State Commission On Game and Inland Fisheries
James River
Glasgow
Wrestling match ends in 17 minutes five seconds
Joe Swecher and Nedr Dodds defeated Lee Wikotl, a former Saint Louis University football player, in a two hour limit tyro fall match ending with a body scissors in 17 minutes 5 seconds.
MENTIONED IN THIS ARTICLE
Associated Press
Columb&s
Joe Swecher
Dodds, Nedr
Lee Wikcotl
Akron makes successful first flight as US airship leader
The Navy pilots the Akron to a triumphant debut over Cleveland before docking at Akron, marking the United States return to leadership in lighter-than-air craft. Commanded by Lt. Cmdr Charles E. B. Roeen dah, the 600 foot dirigible carried Secretary of the Navy Josephus Daniels and other high officials. The airship, built at 9.5 million dollars, must fly 75 hours before Navy acceptance, and follows the Shenandoah disaster as America’s latest airship venture.
MENTIONED IN THIS ARTICLE
Pacific
Hawaii
Guam
Naval Bureau of Aeronautics
Akron
United States
Charles EB. Roeendah
Los Angeles
Charles F. Adams
Seceretary of the Navy
Moffett
David S. Ingalls
Secretary of the Navy
Cleveland
Lake Erie
Adjourning Parliament to February Debated in Commons
London dispatch reports discussion of a provisional adjournment of Parliament for about five months with reconvening in February, tied to a possible general election. The Daily Herald predicts Labour will push government control of banks and finance and tariff policies if elected, while slamming Conservatives who back a tariff election and calling MacDonald a prisoner premier.
MENTIONED IN THIS ARTICLE
London
House of Commons
Daily Herald
Labor Party
the Herald
MacDonald
Danville Fair Advertised By Air Drop
Danville Fair ads and free passes were scattered from an airplane over South Boston Martinsville Chatham Leaksville Sinton and Yanceyville as pilot B Trundle of Danville Plying Service dropped literature after securing a contract with the Palr Association.
MENTIONED IN THIS ARTICLE
Danville
Fett
B. Trundle
Palr Association
South Boston
Martinsville
Chatham
Leaksville
Sinton
Yanceyville
Pilot Trundle
Typhoid Cases Reported in Henry County Epidemic Sighting
Henry County city health officer Garnett reports several typhoid fever cases forming an apparent epidemic. The outbreak, described as rare in form, progresses acutely in two to three days. There have been three deaths and numerous patients require medical treatment as the State Board of Health assists county physicians in containment.
MENTIONED IN THIS ARTICLE
Garnett
Henry
Philpott
State Board of Health
Former Danville Boy Makes Good on Harvard Team
A Danville native, Leon Francisco, now a Harvard freshman, earns a spot on the Harvard football team under coach Eddie Casey. Francisco, 195 pounds, showed promise last year but was kept off the roster as a freshman. this year he is expected to contribute significantly.
MENTIONED IN THIS ARTICLE
Danville
Harvard
Leon Francisco
Francisco
Eddie Casey
Francis
Tribute to Cyrus McCormick at Washington and Lee
Lexington Virginia Sept 24 Washington and Lee University prepared for an all day program to honor Cyrus Hall McCormick former trustee and benefactor who invented the first successful reaper a statue unveiling will begin the day with ceremonies at Wercomb Hall then a pageant at Walnut Grove near Raphine Virginia depicting grain harvesting history. Governor Pollard will preside and John W Davis will accept the statue on behalf of the university Dr John H Finley of The New York Times will deliver the main address. A wreath laying at General Lee’s tomb follows and a campus luncheon is planned. The pageant covers harvesting history from ancient Egypt to modern power harvesters with a world map display of countries using McCormick equipment. Thousands are expected to attend.
MENTIONED IN THIS ARTICLE
Lexington
Washington and Lee University
Cyrus Hall McCormick
McCormick
McCormick Farm
Walnut Grove
Raphine
McCormick Harvesters
Mt. Carmel Church
John Garland Pollard
John W. Davis
John H. Finley
New York Times
John Datja Brein
Wercomb
Mid Comick
Robert E. Lee
University
General Lee
Benjamin R. Lacy, Jr
Union Theological Seminary of Virginia
Mtd Carmel Church
Shelton Defends Itself At Woodrow Witness Stand
Defense counsel for Dr William A. Shelton suspends pastor and seeks to prove his innocence before a Methodist church trial board in Alexandria Virginia. Shelton, his own chief witness, faces questions stemming from charges brought by his former secretary at Mount Vernon Place church. Testimony from W E Lambeth of Durham ended the prosecution case as the trial continued behind closed doors with a clergyman roster confirmed.
MENTIONED IN THIS ARTICLE
Alexandria
William A. Shelton
Washington
Methodist Episcopal Church South
Shelton
Mount Vernon Place Methodist Church
Biss
Carrie A. Williams
W. E Lambeth
Durham
N. C
H. R Deal
W. 5. Hammond
Martinsburg
West Virginia
W. 2B. Best
Tb. S. Rudisilt
Baltimore
Charles L. Duong
Hinton
J. W. Fink
Moorefield
Virginia
John Paul Tyler
Clifton Forge
D. L. Spyder
E. W, Aaron
Fredericksburg
J. H. Smith
Lexington
Harvey Marsh
Waynesboro
RB. L Fultz Front Royal
Herbert Sydenstricken
Roanoke
Mount Vernon Place J
Town Topics Dreary Danville Briefs and Repairs
Town Topics reports Dr. Edmunds returning to his office after a two month absence, a prosecutor’s case in which A Y Clayton owes 100 and serves 30 days for DWI, church revival activities led by Rev. R J Barber near East Thomas Street, a 2 PM baptism at the Applecreek mouth, and cottage prayer meetings led by M J Crawley at 408 Wilson Street. Virginia Bankers warn of a 250 reward for Bank of Surry burglars as Danville’s Chamber prepares for its first fall board meeting tomorrow at 4 PM.
MENTIONED IN THIS ARTICLE
T. W. Edmunds
Danville
Dr. Edmunds
Reidsville
East Thomas Street
R. J. Barber
Applecresx
River Road
Trial extends as witnesses face church panel
Winns trial drags into a second week as church prosecutor and defense clash over witness treatment. Mabes and sister Lillian testified while Rev MacSperran Reeves and Rev Wing contended for sides. Courtroom details, minister trial committee members, and lingering questions about witness availability shape the proceedings.
Invitation planned for Laval to visit United States
Washington September 24 Secretary Stimson said a formal invitation to Premier Laval of France will be extended tomorrow if the French cabinet approves the trip He desires a visit with the President to discuss world problems and other issues with the United States authorities and leaders.
MENTIONED IN THIS ARTICLE
Washington
Laval
France
United States
Stimson
Hever
Green Warns Buying Power Will Shrink
In Washington Sept 24 labor leader William Green charged steel firms broke their pledge to the White House by cutting wages. He cited reduced living costs and plant efficiency as factors, urging Congress to act while Democrats Dies of Texas and Swank of Oklahoma warned wage cuts hurt purchasing power and worsen unemployment. The White House sought to maintain living standards amid wage reductions amid anti wage lowering pledges.
MENTIONED IN THIS ARTICLE
Stu
Representatives Dies
Texas
Swank
Oklahoma
Hoover
Congress
Washington
William Green
American Federation of Labor
White House
Julius Klein
United States
Green
VPI President Urges Student Cost-Cutting Effort
Virginia Polytechnic Institute President Dr Julian A Burruss mails a letter to parents urging cooperation to curb rising costs of dances rings yearbooks and student activities while tuition remains low He notes a long standing attempt to keep instruction affordable and cites extravagance among students as out of step with the college tradition and now due for action.
MENTIONED IN THIS ARTICLE
Blacksburg
Virginia Polytechnic Institute
Julian A. Burruss
V. P. II
Wage-cut debate splits government economists over tariff impact
Officials differ over Hoover tariff reduction and a 10 percent wage cut with United States Steel. Some see lower wages lowering living costs but harming demand. others say wage cuts can revive buying power. Economists note price declines since 1929 and predict varied effects on savers and workers.
MENTIONED IN THIS ARTICLE
Green
United States Steel Corporation
Hoover
Representative Wood
Indiana
Walsh
Montema
White House
Colored Theatre Here to Re-Open
The Hippodrome theatre for colored people on North Union street has been leased and will reopen toward the latter part of next week. It has been dark for months while new equipment from RCA is installed, interiors repainted, lobby decorated, carpets laid, and acoustics improved for clearer sound on films. A gala program will mark the reopening on a announced date.
MENTIONED IN THIS ARTICLE
Hippodrome
North Union Street
Radio Corporation of America
Also Mentioned on This Page
Miami
Detroit
American Legion
Fla
Tarentum
Greenberg
London Stock Exchange
Austin Motors
Wall Street
Sterling Exchange
Gay
Brussels
Belgas
Amsterdam
Courtess Thomson and McKinnon
Adams Express
Seeeyee- Ee
Alleghany Corporation
Weveness Bim
American International Atantic Refining
American Smelters
American Tel
American Topacce
Amacentia Copper
Armour
Baldwin Locomotitive
Inc
Barnsdall Oil
Bethlehem Steel
Byers AM
C&o
le Cee
Chrysler
Coca Cola
Columbia Gas
Eeesso Commercial Credit
Consolidated Gas
Continental Baking
Continental
Curtiss-Wright
Davison Chemical Drug Inc
Elec
Freeport
Texas General Foods
General Motors
Hudson Motors
Hupp Motors
Es International Nickel
Kelvinator
Kennecott Lambert , Liggett and Myers
Lofillard
Mexican Seaboard
Montgomery Ward - National Biscuit
National Power and Light
Packard
Pennsylvania Phillips Pete
Radio Corporation Radio Keith
Remington Rand
Reynolds R. J
Simmons Company
Sinclair OU
Southern Pacific
Southern Railway
Stewart Warner
Studebsker Corporation
Texas Gulf
Texas Corporation
Union Carbide
United Aircraft
United Orporation
United Gas
U. S. Pipe and Foundry
U.S. Rubber
Universal Leaf Tobacco
U B Steel
Warner Brothers
Westinghouse Air Brake
Westinghouse Electric
Woolworth
Ford (Eng.) Ltd
Gieford
Danville Fair
Henry County
George Washington
Mount Rushmore
Black Hills
South Dakota
Jefferson
Lincoln
Roosevelt
M’cormick
Dutch East Indies
Batavia
Java
Charles Kingsford- Smith
Wyndham
Australia
England
Cheribon
Dutch East Landies
Victoria Point
Burma
Lynchburg
Jack Swinson
Charlotte
N.C
Oves Jackie Sennetzar
Tommy McGovern
Young Altis
Young Gibson
Baby Jacobs
Battling Henry
Negro
Atlanta
Gorilla Graham
Richmond
Co-operative Education Association
Parent-Teachers Association of Virginia
Pollard
Montgomery
Ala
Air Corps Factical Training School
Langley Field
Maxwell i Field
Louise Williams
Louise Werle Williams
Tuckahoe
Nlom
American Legion Auxiliary
Auxiliary Steletenth
Ansconda Copper Mining Company Swicy
A. Y. Clayton
Prospect Hie
Traffe
J. H. Farmer
Virginia Bankers’ Association of Richmond
Bank of
Surry
The
Danville Diamoer of Commerce
Winn
W. R. Purdum
O. & Mayberry
Board of Stewards
Mr. MacSperran
T. Rosser Reeves
John B. Wing
R. T. Waterfield
Ea Court of Law
J. N. Latham
Court Street Church
Main Street Church
J. L. Finch
Altavista
Moseley Memorial Church
Mabel
Amn
B. ¥. Haden
Trien
Clara Dickenson
Dickenson
G. A. Colie
Iria
Purdum
Collie
Ruth Collie
Mabes
Ministri Moral Indogeite
V.P.I
Colored Theatre
Main and Bridge Sts
H. B. Lakey
Phone 93
Automotive Service Corp
SUN
Ascorp
Veers
Bryant-Gravely Auto CO
Loyal ST
Atghes Warehouse
Newspapre Arer
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