Reichsbank Increases Bank Rates Five Points
The Reichsbank raises its discount rate to 15 percent from 10 percent as a notable policy move. Economists say recovery must begin in America before Europe follows, while Wall Street reacts with firming shares and mixed bond signals amid large credit moves to London.
MENTIONED IN THIS ARTICLE
Reichsbank
America
Europe
John L. Cooley
Associated Press
New York
Bank of England
Germany
Stock Exchange
Atlantic
U. S. Steel
Bethlehem
American Telephone
American Can
Southern Pacfic
Rock Island
Atchison, Woolworth
Sears Roebluck
Paris
Wall Street
Britain
National Coop er Furniture Ad Campaign Ends Abruptly
The national four million dollar ad push for furniture makers and dealers is canceled at midstream after July payments. remaining notes may be refunded if pre-August obligations are met. Millis Agency faced pressure, some blame timing, while October show and touring publicity proceed with remaining funds and potential dividends to contributors.
MENTIONED IN THIS ARTICLE
Millis Advertising Agency
Indianapolis
Fred N. Tate
T. Austin Finch
Thomasville
James 8. Lynch
B. F. Huntley Furniture Company
Winston- Salem
Millis
Police Faulted by Wickersham Commission in Nationwide Review
The Wickersham commission denounces U S police forces as generally incompetent and graft ridden. It cites corrupt politicians pressuring chiefs to soften on criminals and outlines six defects in police administration. It notes lack of modern equipment and poor protection for immigrant and Negro sections in northern cities.
MENTIONED IN THIS ARTICLE
Washington
Wickersham Commission
Hoover
Intrepid fliers reach Omsk and press eastward
American world circling pilots Hugh Herndon Jr and Clyde Pangborn arrived in Omsk Siberia at 2 p.m. local time and departed for Chita three hours fifteen minutes later. They left Moscow at 5 20 p.m. yesterday and trailed Post and Gatty by about ten hours.
MENTIONED IN THIS ARTICLE
Moscow
Tass
Hugh Herndon, Jr
Clyde Pangborn
Omsk
Siberia
Chita
Post and Gatty
Dellinger Enters 1932 North Carolina Lieutenant Governor Race
Cherryville veteran legislator David P. Dellinger announces candidacy for lieutenant governor in the 1932 primary. He has served in the North Carolina General Assembly from Gaston County for 20 years and is descended from John C. and Barbara Glenn Dellinger, related to the late Dr. Robert B. Glenn.
MENTIONED IN THIS ARTICLE
Cherryville
N. C
David P. Dellinger
North Carolina General Assembly
Gaston County
Mr. Dellinger
John C
Barbara Glenn Dellinger
Robert B. Glenn
Old Rutherford College
University of North Carolina
Governor Signs Bonds After Golf Break
Governor C Max Gardner played a round of golf then signed 900 bonds worth 900000 after they had been issued by the state. The bonds cannot be sold or money drawn until his signature is affixed. The signing occurred tonight following the golf game.
MENTIONED IN THIS ARTICLE
Raleigh
C. Max Gardner
Hoovers Warning Fails to Curb Early Federal Spending
President Hoover urged sharp cuts but the first 30 days of the new fiscal year show total government outlay $47 million higher than a year ago. Treasury daily statements report general departmental expenditures at $237,580,634 versus $190,502,921 in the same period of 1931.
MENTIONED IN THIS ARTICLE
Washington
Hoover
Treasury
Gandhi sails to London with goats and a spinning wheel
Mahatma Gandhi travels as a steerage passenger to the London round table conference with two goats as milk supply, a spinning wheel, a loin cloth, and Thoreau's Civil Disobedience. He will keep to a minimal regimen aboard, rising at four, praying, spinning, fasting, and living simply.
MENTIONED IN THIS ARTICLE
James A. Mills
Bombay
India
Mahatma Gandhi
Thoreau
London
Steamship Company
Madeleine Slade
Gandhi
Hoover enters re nomination race eight years after Coolidge era
On the Harding anniversary date Herbert Hoover begins active steps toward a future bid for renomination though no formal declaration has been made. The discussion recalls Calvin Coolidge with Dr James F Coupal stating Coolidge might have been drafted to run in 1928 and could be induced to run in 1932.
MENTIONED IN THIS ARTICLE
Francis M. Stephenson
Washington
Warren Harding
Calvin Coolidge
Coolidge
Herbert Hoover
Ted
James F. Coupal
Hay Fever Victims Seek Govt Doctors
Sufferers flood the public health service with about 50 letters daily seeking guidance as rag weed allergy season peaks from August 15 toward frost. Officials note rag weed causes roughly 95 percent of hay fever among about five million susceptible Americans and that goldenrod is less harmful.
MENTIONED IN THIS ARTICLE
Sam Bledsor
Washington
Public Health Service
Golden Rod
The
Health Service
United States
Ottawa Protests Coast Guard Attack on Rum Runner
Washington defends coast guard shelling of the Josephine K off Ambrose Light in January claiming the Canadian vessel was within an hour’s sail of the coast when ordered to stop. Canada plans court action in New York to recover the captured ship as protests over prohibition enforcement continue.
MENTIONED IN THIS ARTICLE
Washington
Josephine K
Ambrose Light
Coast Guard
Canada
Ottawa
William Cluett
New York
Louisiana
Four Children Die in Patagonian Cold Wave
Four children were reported frozen to death in Patagonia during a severe cold wave that swept Argentina this week. The weather moderated somewhat in Buenos Aires today as relief arrived.
MENTIONED IN THIS ARTICLE
Buenos Aires
Patagonia
Argentina
Dowager Henderson Estate Hinted As Mentally Incapable
A DC court filing portrays Mrs. Mary F. Henderson as a frail but mentally incapacitated widow whose $6,000,000 estate faces muddled litigation. Guardian ad litem Charles W. Arth submits a report based on a March interview describing her as unable to handle business, with hearings on conservatorship and estate management upcoming.
MENTIONED IN THIS ARTICLE
Mary F. Henderson
Washington
Charlies W. Arth
Guardian Ad Litem
Augusta Arnold
Senator Henderson
Missouri
District of Columbia Supreme Court
Beatrice Henderson Whelean
Henderson
Arth
Edison Stricken as Health Fails in August Heat
Thomas A. Edison, 84, is critically ill with chronic nephritis and diabetes, sparking anxiety among family and friends. Son Charles says there is no marked improvement, though Edison rested better after several days of weakness. Dr. Hubert S. Howe reports no change and plans a visit tomorrow.
MENTIONED IN THIS ARTICLE
Orange
N. P
Associated Press
Thomas A. Edison
Charles Edison
Edison
Hubert S. Howe
Florida
Thirteen Jurors Locked In For North Carolina Bank Case
In Asheville North Carolina the first thirteen jurors were seated to resume Monday in the Luke Lea conspiracy case. Lea and three others plead not guilty to charges of conspiring to defraud Central Bank and actual fraud. Judge Barnhill plans to use the state’s new alternate juror law due to expected trial length.
MENTIONED IN THIS ARTICLE
Asheville
North Carolina
Buncombe
Luke Lea
Central Bank
Tennessee
Lea
114Th Field Artillery
Argonne
Holland
Kaiser
Woodrow Wilson
United States Senate
W. B. Davis
E. P. Charnet
Camps Company
Zeb
M. W. Barnhill
Haywood County
Milkmen Strike Paralyzes Portland Milk District
Violence erupts as producers strike against distributors in Portland. dynamite, seized trucks, and destruction of up to 20 000 gallons of milk amid demand for higher prices. Affected trucks halted, drivers held, and milk dumped into highways and the Columbia River.
MENTIONED IN THIS ARTICLE
Portland
Ore
Woodland
Wash
Oregon
Vancouver
Columbia River
Casual Chat Sparks Bigamy Charge in Detroit
In Detroit on August 1, Fred Gurzick mentioned his wife in Virginia to an acquaintance David Stahl and learned of his own wife Lucille King ann Stahl Gurzick in Newmarket Virginia. The encounter led Assistant Prosecutor W G Krize to file a warrant charging Lucille King ann Stahl Gurzick with bigamy based on Toledo Ohio certificates.
MENTIONED IN THIS ARTICLE
Detroit
Fred Gurzick
David Stahl
Virginia
Stahl
Lucille
Newmarket
Stall
Toledo
Ohio
W. G. Krize
Lucille Kingann-Stahl-Gurzick
Four children die in Patagonia cold wave
In Argentina's Patagonia four children were reported frozen to death during a severe cold wave this week. The weather eased slightly in Buenos Aires as the cold abated. In Oklahoma a farm hand, W H Bates, 66, fatally shot two farmers near Lenapah before surrendering to a constable.
MENTIONED IN THIS ARTICLE
Lenapah
Okla
W. H. Bates
W. H. Owings
World cotton consumption and carryover figures weighed
Secretary H G Hester of the New Orleans cotton exchange reported world consumption of American cotton last season at 11 856 000 bales and the carryover from the old crop into the new season at 9 130 000 bales.
MENTIONED IN THIS ARTICLE
New Orleans
H. G. Hester
New Orleans Cotton Exchange
Lloyd George stable after kidney operation
London August 1 AP report says former prime minister David Lloyd George, operated on Wednesday for a kidney ailment, is in satisfactory condition with a restful night and well maintained strength at his home.
MENTIONED IN THIS ARTICLE
London
David Lloyd George
Tragedy as Car Plunges 50 Foot Embankment into Caney Fork
In Sparta Tennessee three people died when their car rolled backward off a fifty foot embankment into the Caney Fork river. The driver Lorene Medien 17 and passenger Hattie Paris 21 both from Sparta died along with Doc Judo 32 of Cassville. One occupant escaped by jumping from a rear window before the plunge.
MENTIONED IN THIS ARTICLE
Sparta
Tenn
Caney Fork
Lorene Medien
Hattie Paris
Doc
Judo
Cassville
Tyre Wall Struck by Lightning Near Elkin
Tyre J. Wall, 60, was killed when lightning struck his doorway at his home eight miles north of Elkin around 2 30 this afternoon. He leaves a widow and two children.
MENTIONED IN THIS ARTICLE
Winston-Salem
Tyre J. Wall
Elkin
Public Gatherings Are Forbidden In Belmont
Belmont authorities order closure of theaters churches and other public gathering places to contain a suspected cerebrospinal meningitis outbreak. Dr R E Rhyne Gaston county health officer recommended the action as deaths among children aged 13 months to five years were reported in the area.
MENTIONED IN THIS ARTICLE
Belmont
N. C
R. E.rhyne
Gaston County
Tar Heel Vets Receive 13 Million From Uncle Sam
Charlotte region U S veterans bureau head J S Pittman announced loans to North Carolina World War I veterans totaling 13 677 300 72 for the year July 1 1930 to June 30 1931. Adjusted service certificates and life insurance policies are included with 52 027 loans and 87 741 disability checks totaling 3759551 80. Total payouts reach 17 850 005 10 with 11 270 new applications for treatment and disability allowances.
MENTIONED IN THIS ARTICLE
Charlotte
Pittman
U. S. Veterans Bureau
North Carolina
Lindberghs Not Seen Over Northern Ontario Flight
In a northern Ontario sweep from Remi Lake to Moose Factory no sighting of Col. Lindbergh and his wife was reported. A forestry patrol plane failed to locate them and could not confirm arrival, leaving news of their route uncertain.
MENTIONED IN THIS ARTICLE
North Bay
Ont
Ontario
Col. Lindbergh
Ottawa
Moose Factory
James Bay
Cochrane
Hunta
Fraserdale
Coral Rapids
Moose River Bridge
Lindbergh
Ontario Forestry Patrol
Remi Lake
Lindberghs
Florida City Faces Red Ink as City Scrambles Funds
West Palm Beach Florida, Aug 1. With only six percent of last year’s taxes collected, Florida City moves to pay at least one month of salaries in script and imposes a 90 day moratorium on other expenses. Many department heads and workers will be unpaid, and the publicity director is suspended indefinitely. A ten per cent raise for firemen is under review.
MENTIONED IN THIS ARTICLE
West Palm Bwach
Fla
Yong
Also Mentioned on This Page
Teutons
Wall Street Hopeful
George M. Cohan
Loft
White House
Cohan
George Washington
Sol Bloom
China
Dellinger
U. S. Coast Guards
South America
Lake Lea
Uncle Sam
Charles
Anne
Florida City
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