Raids Nab Dozens In City Gambling And Liquor Sweep
An undercover operation by special detectives in High Point ends with indictments against a dozen downtown gamblers and as many liquor vendors. Police seized slot machines and game tables, arrested multiple store managers, and raided Negro houses for weeks to gather evidence of liquor violations and gambling. Warrants named George McLarty, Joe Kahn, Ben Swartzburg, J A Hart, S W Frontis, Angeleo Katsias, and George Katsoudas among others.
MENTIONED IN THIS ARTICLE
George McLarty
The
Ring Drug Co
Joe Kahn
Ben Swartzburg
J. A. Hart
Hart Drug Co
S. W. Frontis
Economy Drug Co
Angeleo Katsias
DeLuxe Diner
George Katsoudas
New York Cafe
Grady Jarrett
M. M. Swartz
J. F. Powers
Four Bandits Loot Hot Springs Bank of $2200 Escape
Four bandits robbed the Citizens bank in Hot Springs North Carolina today taking $2200. cashier W T Davis, assistant Iva Connelly and customer J W Morris were forced into a vault but none were hit. The robbers fled toward Tennessee in a light sedan after firing at Davis.
MENTIONED IN THIS ARTICLE
Hot Springs Bank
Hot Springs
N. C
Citizens Bank
W. T. Davis
Davis
Tennessee
Oth
Iva Connelly
J. W. Morris
Davisid He
Mrs. Connelly
Morris
Christmas Trade Turns Up Increases Across Nation
The National Retail Dry Goods Association reports an 18 percent December 1–15 gain in Christmas trade versus last year, with Miami and Little Rock leading at 38 percent. Some cities lag, including Detroit up 3 percent and Boston up 1 percent, while Kansas City and Indianapolis post 22 and 20 percent rises. A separate note on tax policy mentions foreign tax credit repeal with minimal revenue impact.
MENTIONED IN THIS ARTICLE
New York
National Retail Dry Goods Association
Federal Reserve System
Miami
Fla
Little Rock
Ark
Charleston
Denver
Phoenix
Ariz
Association
Philadelphia
Detroit
Boston
Jobless Reassigned To Farms In Roosevelt Report
Washington December 19. Secretary Ickes reports scant prospects for unemployed workers to regain old jobs as industrial recovery relies on new skills. A shift toward farming and self sufficiency through home steads is aiding urban families while vocational training supports industry.
MENTIONED IN THIS ARTICLE
Washington
Ickes
Roosevelt
Federal Board For Vocational Education
Former Detroit bank chief pins failure on low mood
Robert O. Lord former president of Guardian Detroit Union Group testified before Senate investigators that Edsel Ford and Ford Motor Co lent the group 12 million dollars. He blamed the collapse on a low mood and described large stockholder efforts to rescue the bank holding company. He cited Ford loans in 1930 1931 and 1932 totaling 8 5 million and noted depositor protection actions and defalcation settlements.
MENTIONED IN THIS ARTICLE
Washington
Guardian Detroit Union Group, Inc
Robert O. Lord
Senate
Edsel Ford
Ford Motor Company
Lord
Guardian Detroit Company
Ford
Group Company
Continental Bank
Chicago
Union Guardian Trust Company
Mott
Guardian Detroit Group
Banks Weigh Government Loans to Spur Industry
A debate grows over direct government financing to boost payrolls and activity as private funding declines. Advocates argue for large scale loans to energize heavy industry while others push only normal need based support. Private data show October corporate financing fell to 3 million from 48 million last year.
MENTIONED IN THIS ARTICLE
Washington
Navy appoints Raby to lead Twelfth Naval District
Rear Admiral J d Raby of Bay City Michigan designated commandant of the Twelfth Naval District in San Francisco replacing Rear Admiral G W Laws of Kansas City who retires March 1 at age 64.
MENTIONED IN THIS ARTICLE
Washington
J. d. Raby
Bay City
Mich
Charleston
S. C
Navy Yard
Twelfth
San Francisco
G. W. Laws
Kansas City
Government confirms gold price at 34.06 per ounce
The government gold price of 34.06 dollars per ounce was repeated for a second time, reported from Washington. The AP notes the same figure applied again, underscoring the fixed price policy in effect.
MENTIONED IN THIS ARTICLE
Washington
Governor Pe trell to seek special session on highway debt plan
Little Rock Arkansas December 19 Governor Petrell announced he will call a special legislative session at an early date to submit a new plan for refunding the state's 155 million dollar highway debt. He had not decided on the session date.
MENTIONED IN THIS ARTICLE
Little Rock
Ark
Petrell
Judges named in Greensboro by Governor Ehringhaus
Raleigh December 19 The governor named Gilbert Powell to the Greensboro civil court and E Earl Rieves to the Greensboro criminal court under a special law relating to the Greensboro bar He also appointed the prosecuting attorney for the criminal court this afternoon.
MENTIONED IN THIS ARTICLE
Raleigh
Ehringhaus
Gilbert Powell Jodge
Greensboro
E. Earl Rieves
Spelaw
Atorney
Criminal Court
Tobacco Holiday Proclaimed In Raleigh
Raleigh announces a marketing holiday for barley tobacco to take effect December 20 and continue until a further proclamation. The AP report notes the decision as a state measure affecting tobacco commerce. The move centers on barry tobacco marketing and linked trading pauses.
MENTIONED IN THIS ARTICLE
Raleigh
Ehringhaus
Markets Close Doors as Asheville Warehouses Lapse Bid
Two Asheville tobacco warehouses shut their doors as bids from several larger manufacturers were withdrawn at auctions. Warehousemen said the market would stay closed until after Christmas, with Tennessee and Kentucky buyers shaping the trend.
MENTIONED IN THIS ARTICLE
Asheville
Skidmore Seeks NC State Head Coaching Job
Walter D. Skidmore Charte high school coach filed formal application for the head coaching position at North Carolina State College. He announced the move from Charlotte.
MENTIONED IN THIS ARTICLE
Charlotte
Walter D. Skidmore
Charte
North Carolina State College
Dividend Payments Of Bank Questioned
Evidence was offered at a special hearing before Special Master Kenneth Brim that the Commercial National Bank carried statutory bad debts of 173000 on January 1 1931. Directors authorized a 60000 dividend from undivided profits of 155000, while the bank faced a million dollar suit by its receiver. Special Examiner A E Spellman analyzed the bad debts related to two 60000 dividends and explained his classifications. The hearing resumed with Spellman detailing each item.
MENTIONED IN THIS ARTICLE
Greensboro
Kenneth Brim
Commercial National Bank
A. E. Spellman
Banking Department of the Treasury
Paraguay and Bolivia Agree to Cease Fire Through Christmas
Paraguay and Bolivia announced a temporary halt in the Chaco Boreal conflict through December 31, told the Pan American conference in Montevideo. President Terra stated Bolivia accepted the truce proposal, hoping for a permanent peace with delegates from both nations engaging with the League of Nations.
MENTIONED IN THIS ARTICLE
Montevideo
Paraguay
Bolivia
Chaco Boreal
Gabriel Terra
Uruguay
Terra
League of
Pius
Negro Acquitted of Larceny Charge
Greensboro December 19 Special Robert Marshall colored arraigned in Superior court on larceny of an automobile horn set free by Judge Hoyle Sink directing a verdict of not guilty due to failure of the state to make out a case M O James of High Point ordered into custody until he pays $30 to his wife Trial of Spurgeon Johnson on a charge of breaking and entering the St Louis Case at High Point was underway this afternoon
MENTIONED IN THIS ARTICLE
Greensboro
Robert Marshall
Hoyle Sink
M. O. James
High Point
Spurgeon Johnson
St. Louis
Lindberghs Return After 640 Mile Christmas Hop Home
Col and Mrs Charles A Lindbergh conclude a dramatic 25 thousand mile world journey returning to New York by plane. They land at North Beach Queens after a 640 mile leg from Charleston South Carolina completing the last stretch in under six hours.
MENTIONED IN THIS ARTICLE
New York
Charles A. Lindbergh
Glenn Curtiss
North Beach
Queens
Lindbergh
Flushing Bay
Curtiss
East River
Edo Aircraft Company
Lindberghs
Charleston
S. C
Local Mills Rally Against NRA Curtailed Operations
Philadelphia reports a 40 percent curtailment of hosiery mill production as NRA enforcement meets resistance. A 34-mill meeting and telegram protests in Washington show divergent views, with several Southern mills and Reading firms leaning against curtailment. Some fear court action to restrain code authority.
MENTIONED IN THIS ARTICLE
Philadelphia
NRA
Washington
Reading
Dickinson Opposes Double Taxation On U S Foreign Trade
Assistant Secretary of Commerce John Dickinson told the House Ways and Means Committee that abolishing foreign tax credits would amount to double taxation and reverse decades of policy. He warned it would raise tax burdens on foreign trade, noting trade declined from 5.9 billion to 1.6 billion since 1929 and averaged about 10 million monthly in the first eight months of the current year.
MENTIONED IN THIS ARTICLE
Dickinson
Representative Vinson
D-Ky
U. S
Washington
John Dickinson
House
Ways and Means
Apui
Employment Fell Off In November First Since March
Secretary Perkins reported that manufacturing employment declined 3.5 percent from October 15 to November 15 marking the first drop since March. She noted November employment was 20.2 percent higher than a year earlier and 29.6 percent above the prior month, with about 2.5 million more workers on jobs in November.
MENTIONED IN THIS ARTICLE
Washington
Perkins
Labor Board Authorized to End Disputes Nationwide
President Roosevelt issues an executive order granting the national labor board power to settle conflicts threatening industrial peace. The order approves past actions and empowers mediation conciliation and arbitration in disputes between employers and employees.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Weirton Steel Company
Court orders sale of Penny for Banks estate properties
Superior court in Greensboro orders the receivers of George T. Penny's estate to sell multiple urban parcels and farm land to satisfy debt. Properties include Cox property at North Main and East Washington, 412 South Main, South Main and East Commerce, collateral securities for a loan from North Carolina Bank and Trust totaling 73 800 dollars, and 82 acres of farm land. Terms permit one fourth cash with remaining installments each six months. Sale date at receivers discretion.
MENTIONED IN THIS ARTICLE
Greensboro
George T. Penny
Cox
North Main
East Washington Streets
South Main Street
South Main
East Commerce Streets
North Carolina Bank and Trust Company
Penny
North Main and
West Washington Streets
Will Rogers Dashes at Bankers Over RFC Lending Plans
Beverly Hills, December 18 Special to The Exterie Jesse Jones of the Reconstruction Finance Corporation announces plans to make loans to industries to shame banks. He argues banks sit counting profits while RFC aims to spur lending, noting banks would seek funds from RFC if humiliated.
MENTIONED IN THIS ARTICLE
Exterprie
Beverly Hills
Calif
Jesse Jones
Redistribution Finance Corporation
Jesse
Also Mentioned on This Page
Li Ae
Aucnio AI
Jack Appleyvard
Gaston A. Johnson
Ansas City
Indianapolis
Bank IN
Skidmore
Joe
Christ
Bethlehem
Judea
Examiner
Homer McCoy
Labor Board
Will Rogers
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