Stocks Rally As High Money Rates Pause Trading
Higher call money rates slowed but did not stop the upward drift in New York stocks. Utilities and high priced issues led gains while several shares hit new highs, with Detroit Edison marking a record and GE and U S Steel trading near peaks amid strong earnings and favorable business news.
MENTIONED IN THIS ARTICLE
New York
Detroit Edison
Vulcan
Gas
Auburn Auto
Buffalo
Susquehanna
General Electric
Westinghouse Electric
Gillette Safety Razor
General Public Service
U. S. Steel Common
Marmon Motors
Standard Gas and Electric
Atchiion
St. Joseph Tead
Brooklyn Union Gas
Timken
Pacific Telephone
Allis Chalmers
Industrial Rayon
New York Central
Lackawanna
Wright Aero
American
Mary Lewis Seeks Divorce From Bohnen
Los Angeles report Mary Lewis opera singer files suit for divorce from husband Michael Franz Bohnen also an opera singer seeking separate maintenance.
MENTIONED IN THIS ARTICLE
Los Angeles
Mary Lewis
Michael Franz Bohnen
Bohnen
New Certificates of Incorporation Listed for North Carolina
Raleigh Aug 1 new certificates of incorporation include Tobias Inc Winston-Salem to trade wearing apparel with $25 000 authorized capital stock and $300 subscribed by Gertrude Tobias S William Guyers Bennet Polikoff Amusements Co Charlotte to deal in pictures with $50 000 authorized stock $1 000 subscribed by E F Dardine J A Reynolds Amelia J Dardine and others Edna Lumber Co Charlotte to distribute lumber with $30 000 authorized stock $300 subscribed by C M Triplett and N L Triplett Bright Leaf Theaters Inc Wilson to exhibit moving pictures with $50 000 authorized stock $3 000 subscribed by W M Farmer M B Farmer and others
MENTIONED IN THIS ARTICLE
Raleigh
Tobias, Inc
Winston-Salem
Gertrude Tobias
S. William Guyers
Bennet Polikoff
R. Amusement& Co
Charlotte
E. F. Dardine
J. A. Reynnlds
Amelia J. Dardine
Edna Lumber Company
C. M. Triplett
N. L. Triplett
Bright Leaf Theaters, Inc
Wilson
W. M. Farmer
M. B. Farmer
J. A. Wilson
J. A. Edgerton
Rocky Mount
Mussolini Accepts Young Plan Reparations
Italy accepts the Young plan for reparations after a Chigi Palace meeting. Benito Mussolini announced the decision as part of efforts to advance Europe’s economic and political reconstruction, with government leaders examining the scheme in detail.
MENTIONED IN THIS ARTICLE
Rome
Iitaly
Europe
Benito Mussolini
Chigi Palace
Republican Leaders of State to Hear Tilson
North Carolina leading Republicans will attend a dinner in honor of Representative John Q. Tilson of Connecticut in Charlotte. Invitations have been extended to Irwin Tucker, William Grissom, John J. Parker, S. W. Cramer, Mrs. Mary Settle Sharpe, Johnson J. Hayes, I. B. Meekins, T. P. Harkins, Mrs. L. R. Rogers, Mrs. Queen Bess Kennon, A. L. McCaskill, Bronson Jackson, C. A. Jonas, H. F. Sewell and others, per Charles M. Setzer.
MENTIONED IN THIS ARTICLE
Charlotte
N. C
North Carolina
John Q. Tilson
Connecticut
Charles M. Setzer
Mecklenburg County
Irwin Tucker
Whiteville
William Grissom
Raleigh
John J. Parker
S. W. Cramer
Mary Settle Sharpe
Johnson J. Hayes
Greensboro
I. B. Meekins
Elizabeth City
T. P. Harkins
Asheville
L. R. Rogers
Wilmington
Queen Bess Kennon
Mocksville
A. L. McCaskill
Bronson Jackson
Hendersonville
C. A. Jonas
Lincolnton
H. F. Sewell
Carthage
New Notaries Commissioned in Several Cities
New notaries public commissioned include H. B. Carter of Charlotte, Arthur L. Goodwin of Greensboro, W. G. Maupin Jr of Salisbury, Dwight McEwen of Wilmington, Robert N. Stancill of Rockingham and Hall W. Tillman of Fallston.
MENTIONED IN THIS ARTICLE
Raleigh
Notaries
H. B. Carter
Charlotte
Arthur L. Goodwin
Greensboro
W. G. Maupin, Jr
Salisbury
Dwight McEwen
Wilmington
Robert N. Stancill
Rockingham
Hall W. Tillman
Fallston
Illinois Three Cent Gas Tax Takes Effect
Three cent gasoline tax in Illinois goes into effect at midnight making the state the last in the nation to adopt a gas tax. The move affects motorists and revenue for road funding as the tax becomes law across the state.
MENTIONED IN THIS ARTICLE
Chicago
Illinois
United States
Eight Miners Die in French Mine Explosion
Eight miners were killed and four others poisoned by gas after an explosion at the Escarpelle mine near Lens France. The cause was not determined.
MENTIONED IN THIS ARTICLE
Lille
France
Escarpelle
Lens
Acute water shortage worsens in Santiago Cuba
A three week water crisis in Santiago Cuba intensified when a water works transformer burned out. An official order cut water supply from weekly seven days to a few hours every twenty days. The city came under a unified water administration two weeks prior to the outage.
MENTIONED IN THIS ARTICLE
Sanitago
Cuba
Santiago
Chicago Livestock Market Turned Mixed on Cattle and Hogs
Chicago hog receipts reached 16 000 with lighter weights up 10 to 25 cents. top butcher hogs at 12.25 with medium weights 11.50 to 12.10. Cattle receipts 5 500. steadier overall with declines 50 to 100 cents on most killing classes, top steers 16.40, feeders 12.50 to 14.75. Sheep receipts 15 000. lambs and yearlings steady to higher, fat ewes 5.00 to 6.50, lambs 92 pounds and up 12.85 to 13.85.
MENTIONED IN THIS ARTICLE
Chicago
Sugar prices hold steady amid light New York trade
Raw sugar remained at 3.89 a hundredweight duty paid with no sales reported while refined sugar stayed at 5.50 for fine granulated as demand remains steady. New business is light and withdrawals from second hands run around 4.20 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Potatoes market report from Chicago trade notes August first
Potatoes receipts 24 cars on track 172 for total U S shipments 517 cars. Demand good and market stronger. Kansas and Missouri sold Irish Cobblers 2.25 to 2.35 dollars, some fancy 2.50. Virginia barrel Irish Cobblers 5.75.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Kansas
Missouri
Virginia Barrel
Infants Die as Car Crashes Near Charlotte
An auto accident near Charlotte killed Billie Dobbell infant son of Mrs. J H Dobbell of Gastonia and injured three women including Mrs. Davis captain of the Salvation Army corps and Miss Estelle Devore, all of Gastonia. A fifth child was uninjured. The car driven by Mrs. Davis overturned at Wilkinson boulevard and Dowd road with brake failure blamed.
MENTIONED IN THIS ARTICLE
Charlotte
Billie Dobbell
J. H. Dobbell
Gastonia
Here
Davis
Salvation Army Corps
Estelle Devore
Wilkinson Boulevard
Dowd Road
Wheat advances on late Chicago grain trading
Chicago wheat rose in late dealings as private crop estimates due tomorrow were seen as bullish and signs of new US export business emerged. Canada crop fears due to sub soil moisture spread, with wheat closing unsettled at fractional gains. Corn slipped to a small decline, oats traded mixed, and provisions moved within narrow bounds.
MENTIONED IN THIS ARTICLE
Chicago
United States
Canada
Poincare Undergoes Preliminary Operation
Raymond Poincare underwent a preliminary operation for a pelvic condition that led to his retirement as Premier last week. The procedure, performed by Dr Marino, was described as successful with Professor Gosset and Dr Boidin present and all going well.
MENTIONED IN THIS ARTICLE
Paris
Raymond Poincare
Marino
Professor Gosset
Boidin
Marion
Prof
Gosset
New Orleans Cotton Opens Firm on Hester Carryover Data
The New Orleans cotton market opened firm with a $1 per bale rise as buyers reacted to Secretary Hester reporting a total consumption of 16,309,009 bales. Early trades gained 26 points with October at 19.21 and December 19.40, though local highs faded later as realizing trimmed values.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Hesters
Hester
Fregs Easy Receipts Reported With Small Variations
New York on August 1 notes show Fregs easy receipts totaling 21 877. Freeh posted mixed results with extra 34 1 2 to 35 and other small shifts across categories including firsts and seconds with narrow ranges.
MENTIONED IN THIS ARTICLE
New York
Freeh
Kaiser’s Sister Trades Villa for Small Room
Bonn Aug 1 Frau Alexander Lubkoff sister of the former Kaiser has traded her villa for a room at a boarding house She occupies a bedroom at Hotel De Villa Freiden Mehlein near Bonn The former princess bankrupt estate pays her rent and board while art dealers from Cologne are selling the villa furnishings to rent the property after sale
MENTIONED IN THIS ARTICLE
Bonn
Germany
Alexander Lubkoff
Victoria de Schaumburg-Lippe
Kaiser
Cologné
New York Cotton Opens Steady on Crop Wave and Weather News
New York cotton opened steady with gains of 3 to 15 points as buying continued on crop progress concerns and weather doubts. December slipped to 19.53 before rallying to around 19.50 as selling and late buying mixed. New Orleans estimates show world consumption at 16.309 million bales with 4.679 million carryover.
MENTIONED IN THIS ARTICLE
New York
Liverpool
New Orleans
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