Spectacular Rise in Steel Spurs Market Rally
U S Steel led a broad market rally with a gain of over 19 points to a new high of 2397 as steel and utility shares surged. Bethlehem Crucible and other major producers hit fresh highs amid strong earnings and heavy summer output. Credit conditions eased with calls at 7 percent in some markets and federal reserve action supporting liquidity. Private Tulsa dispatches hinted at record crude output last week.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
U. S. Steel Common
Laclede Gas
Bethlehem
Crucible
Federal Reserve System
General Electric
Simmons Co
A. M. Byers
Frank G. Shattuck
Warren Bros
United Aircraft
Wright Aeronautical
American Power and Light
Westinghouse Electric
Montgomery Ward
American Machine and Foly
Gillette Safety Rator
American Woolen Company
Tulsa
Labor Status in the South Sparks Communist View
In Raleigh North Carolina Ed ward F McGrady of the American Federation of Labor says Southern textile labor treatment breeds communism. The federation supports a fair trial for Gastonia textile workers while condemning property destruction.
MENTIONED IN THIS ARTICLE
South
Raleigh
N. C
Edward F. McGrady
American Federation of Labor
Miss Melvin
Gastonia
Charlotte
National Textile Workers Union
State Federation of Labor
New York Cotton Opens Steady on WeathHer View
Cotton opened steady with an advance as showers in the west and expected east rain hinted at boll weevil damage. Prices climbed to 18.22 for October and 18.77 for March, with later gains to 18.27 and 18.82 as traders covered and bought on the week’s crop condition decline.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Wall Street
P.C
Eggs firm receipts and prices rise in New York trading
New York reports egg market activity with receipts totaling 32 066. Fresh gathered extras reach 3 614 at 27 percent. Prices show movement for nearby white eggs and pullets with premiums noted for Pacific coast white in the August trading.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Radio Folk Defendants In Big Suit
Federal Judge Hugh M. Morris issued a judgment against Radio Corporation of America affecting about 90 percent of U S radio manufacturers and an estimated 826 million in back royalties. Plaintiffs include Francis W Dunmore P D Powell and Dubilier Condenser Corp. The suit started in 1927 over patents for radios without storage batteries. An injunction and full accounting will be sought pending royalty payments.
MENTIONED IN THIS ARTICLE
Wilmington
Del
Hugh M. Morris
Radio Corporation of America
Francis W. Dunmore
Bureau of Standards
Washington
P. D. Powell
Bureau
Dubilier Condenser Corporation of
New York
Standart
Daubilier
Dunmore
Lowell
Dubilier
The
Radio Corporation
Ratio Corporation
Sugar prices steady in New York market
Raw sugar held at 3.77 for spot duties in New York as about 575000 bags of Cuban sugar sold to local and outport refiners at 3.77. Refined sugar stayed at 5.50 with refiners listed, while second hands sold below this level.
MENTIONED IN THIS ARTICLE
New York
Potatoes Receipts and Market Steady Across States
Chicago reports 52 carloads on the track with 290 cars in transit and 380 total U S shipments at the trading fair. Prices show Irish cobblers moved by Kansas Missouri at 2.00 to 2.00, Nebraska 2.49 to 2.69, Wisconsin 2.30 to 2.40, Minnesota 2.00 to 2.50 with early Ohio varieties.
MENTIONED IN THIS ARTICLE
Chicago
U. 8 S
Kansas
Missouri
Nebraska
Wisconsin
Minnesota
Ohio
Dundee man shoots bear in Canada
Gus Cook of Dundee Illinois met a bear in Canada. His rifle registered four hits but the animal advanced. The fifth bullet stopped the bear.
MENTIONED IN THIS ARTICLE
Gus Cook
Dundee
Ill
Canada
Cook
Chicago Grain Prices Edge on Europe Demand
Evidence of large European demand for North American wheat sparked sharp price moves in Chicago futures. Profit taking followed, with wheat closing easy and minor declines for corn and oats while fats fluctuated for lard ribs and bellies. Prices opened high and trended lower through the session as crops outlooks remained uncertain.
MENTIONED IN THIS ARTICLE
Chicago
North America
Australia
Argentina
Three Pullman Cars Wreck Near Pueblo
Three Pullman cars overturned and three others derailed when a baggage car truck broke on Santa Fe No. 5 bound for Chicago. The collision occurred 29 miles east of Pueblo early today with no injuries reported.
MENTIONED IN THIS ARTICLE
Pueblo
Colo
Chicago
Civitans Enjoy Magician's Show At Luncheon
High Point Civitan club members at the Sheraton hotel were entertained by magician N. P. Selwyn formerly of Spartanburg and now connected with Chautauqua work. He performed vanishing and exchanging tricks before about 35 attendees led by president David T. Yow. Geddie Strickland won the attendance prize. Guests included J. R. Weaver and Council Tucker.
MENTIONED IN THIS ARTICLE
High Point Civitan Club
Sheraton Hotel
N. P. Selwyn
Spartanburg
S. C
David T. Yow
Geddie Strickland
Horace S. Haworth
J. R. Weaver
Hudson Sales Company
High Point
Council Tucker
Jefferson Motor Company
Greensboro
Salisbury Civitans
E. A. Hatcher, Jr
Taylorsville
Civitan
Two Year Old Confession Details Night Ride to Willis Home
A two year old confession recounts a June 11 night when a negro with a white accomplice drove by the Willis home several times. The man led the negro to the sheriff’s residence and garage, then the pair allegedly planned the entry before returning on foot after leaving the car.
MENTIONED IN THIS ARTICLE
Willis
Rook
Sheriff Shot After Concealed Franco Escapes
A witness describes hiding near a hedge by a garage as the sheriff, an Esleinder man wearing a white shirt and straw hat, approached and entered the house. After a car arrived, the witness stepped out and fired three times, seeing the sheriff stagger and fall.
Former Burlington Resident Dies At Home
Curry M Bondurant born Martinsville Virginia February 27 1887 died at home 107 Anthony Street Burlington this morning after seven o clock following ten days of feeble health a heart attack caused his death He is survived by wife Dora Richardson six children Eugene Thelma Flora Pearl Ollie and others plus three brothers and three sisters He was a member of Welch Memorial M E Church and Guilford Council No 33 A B M F Funeral arrangements pending at Welch Memorial church with details to follow
MENTIONED IN THIS ARTICLE
Curry M. Bondurant
Anthony Street
Burlington
Martinsville
Billy and
Mary Peacock Bondurant
Parlington
Dora Richardson
Virginia
Eugene
FE. L. Proctor
Flora Pierce
Newport News
Pearl Lowe
Ollie Pierce
High Point
Thelma Bondurant
Joe
Statesville
William
Star
Charlie Bondurant
Sumpter
S. C
Laura Young
Stokes County
Cora Maynard
Reidsville
Betsy Poplin
Bondurant
Welch Memorial M. IE
Guilford Council
Welch M. P
John Gilbert Father John Pringle Dies in Hollywood
John Pringle, 67, actor and veteran head of stock companies in New York and Chicago, father of screen star John Gilbert, died in Hollywood. The longtime theater figure was known as the father of John Gilbert.
MENTIONED IN THIS ARTICLE
Hollywood
Cal
John Pringle
New York
Chicago
John Gilbert
Rocky Mount Laborer Kills Wife and Himself
Ruffin Burt, 39, shot and killed his wife Rosella Price Burt, 21, in Rocky Mount North Carolina then killed himself after a quarrel about family affairs. He had been laid off from Atlantic Coast Line shops and earlier swallowed poison in a despondent episode. Eyewitnesses say he fired as his wife walked toward the cotton mill.
MENTIONED IN THIS ARTICLE
Rocky Mount
N. C
Ruffin Burt
Rosella Price Burt
Burt
Atlantic Coast Line
Cotton futures open steady with gains in New Orleans market
The New Orleans cotton market opened steady with early advances of 9 to 12 points as favorable Liverpool cables and heavy rains in the eastern belt influenced traders. Prices climbed into the morning with October to January futures posting 14 to 17 point gains, closing very steady at 18 to 22 points higher.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
P.C
Liverpool cotton prices and sales rise with American demand
Cotton futures closed steady as spot prices gain. American cotton led sales with 1,700 bales of a total 2,080. receipts reached 10,000. Prices for American grades show slight increases across strict good middling to middling, with futures: October 9.77, December 9.75, January 9.77, March 9.85, May 9.91, July 9.92.
MENTIONED IN THIS ARTICLE
Liverpool
Her Unborn Child Plays at the American Theater
The Shelton-Amos players present Her Unborn Child at the American theater for the first three days of the week. Miss Amos delivers a strong mother role and Beth Elliott charms as Mrs. Livingston. Martha Elliott debuts, impressing audiences and boosting the company’s strength in a well acted engaging show.
MENTIONED IN THIS ARTICLE
American Theater
Shelton-Amos
Miss Amos
Beth Elliott
Mrs. Livingston
Martha Elliott
Beth
New Chrysler Models Displayed at Local Showrooms
Chrysler cars will be shown at Gata City Motor Company show rooms with an open house from 7 to near midnight tonight. Manager Jack Burris said the new Chrysler is more beautiful than the old model and includes features not found on the former car.
MENTIONED IN THIS ARTICLE
Chrysler
Gata City Motor Company
Jack Burris
Mrs Gibson Leaves for Sister's Funeral
A message from Greenville N C reports the unexpected death of Mrs Vance Woodhouse sister of Mrs W H Gibson of this city. Mrs Gibson departed at once for Greenville where funeral services are set for tomorrow morning at 10 o clock.
MENTIONED IN THIS ARTICLE
Greenville
N. C
Vance Woodhouse
W. H. Gibson
President Andrews in New York on Business Trip
Dr. R. M. Andrews, president of High Point College, is in New York on a business trip and is expected to return tomorrow morning.
MENTIONED IN THIS ARTICLE
Andrews
New York
R. M. Andrews
High Point College
Also Mentioned on This Page
Radio Folk
A&p
BOKAR
White House
CERTO
Sion Reaoe
Kellogg's
Quaker Maid
A&p Pure
Tae
Cur Atlantic
Pacific
Beth Steel
Consol Cigar
Dupont
Erie
Tron Houston Oil
Liggett Liggett & M
Lyill & Nash
Lorillard
MK & T
Cosves
Nash
Ewe
Norfolk
Norfolk & West Ser
Packard Ess
Newseanl
Pan Am Pet
Pullman Ee
Radio
Schulte Pfd
Sea Air Line
Seaboard Pfd
Sears Roe
Simmons
Sinclair Oil
St Oil
Studebakers
Vick Chem O
Va Car Chem
West Union
Willys Over
Ove
Westinghouse
Oaatis
Clay Street G
S. Main St
South Main St
Carrick Ayeanur
Sunset Drive
Civitans
Mr. Selwyn
Jack Edwards
Evye
H-C
Sinclair
Aline Motor Oil
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