Stock Market Dips Amid Depressing Trends And Gold Flush
New York traders faced continued selling after yesterday’s liquidation with only scattered rallies. Big losses hit American Telephone Allied Chemical American Can Dupont ggg Aircraft Case acy Norte and Western Eastman Owens Illinois Glass while Goodyear and U S Steel showed declines before recovering. Gold mining issues rose led by Homestake Mining as South African and Canadian markets influenced sentiment. Roosevelts projected southern power project drew banker debate while electric power interests oppose expanding public generation capacity.
MENTIONED IN THIS ARTICLE
New York
American Telephone
Allied Chemical
American Can
Dupont Ggg — Aircraft
Case
Acy
Norte and Western
Eastman
Owens
Illinois Glass
Goodyear
U. S. Steel
Standard Ol
N. J
Consolidated Gas
Homestake
McIntyre Porcupine
Alaska Juneau
South America
Wall Street
Roosevelt
South
Germany in turmoil as Hitler pushes four year plan
Hitler appeals for a four year chance attacking the Republican party amid stormy reaction. Vorwaerts denounces the plan as Stalin inspired and calls for Hitler to go. He outlines two four year plans with compulsory labor service and farm colonies as main pillars to save farmers and workers.
MENTIONED IN THIS ARTICLE
Social Democratic
Vorwaerts
Stalin
Hitler
Robbery on Jacksonville Streetcar Sees Two Suspects
In Jacksonville Florida J B Johnson a street car conductor was robbed of seven dollars by two armed men who boarded his car at the next stop. The pair searched Johnson’s pockets during the ride.
MENTIONED IN THIS ARTICLE
Jacksonville
Fla
J. B. Johnson
Johnson
Butter and Eggs Prices in Chicago Trade Report
Butter and eggs figures from Chicago on February 2 show steady markets. Butter totals reach 8,815 with creamery specials at 17 to 18 percent, extras at 17 percent, and firsts around 16 percent. Eggs at 11,818 steady with extra firsts near 12 percent and current receipts at 11 percent.
MENTIONED IN THIS ARTICLE
Chicago
House Committee Studying Eight Month School Term
Raleigh February 2 The House education committee named five members to a sub group to study an eight month school term. The plan would consolidate or abolish 100 offices of county superintendent of education and add an extra hour daily for six days a week compared to five. Members Pope James Ray Aycock and Beasley listed.
MENTIONED IN THIS ARTICLE
Raleigh
Graham
Robeson
Mmbers
House Education Committee
Pope
Halifax
James
Forsyth
Ray
Henderson
Aycock
Wake
Beasley
Union
Roosevelt Proposes Tennessee Valley Reconstruction Plan
President Roosevelt outlines a sweeping Tennessee Valley project to create jobs for 50,000 to 70,000 in reforestation and flood control, boost Muscle Shoals power to 2–3 million horsepower, restore bottom lands, and eventually employ up to 200,000, tying developments into a single comprehensive plan.
MENTIONED IN THIS ARTICLE
Roosevelt
Tennessee
Cove Creek
Muscle Shoals
T. R
Theodore Roosevelt
Gifford Pinchot
Roosevelt ideas on national rehabilitation gain Congressional interest
Washington reports a comprehensive study by congressional leaders on Franklin D Roosevelt's internal development plans for national rehabilitation. Supporters emerge for projects including Tennessee Valley Authority expansion and flood control, with surveys already prepared by army engineers and federal agencies.
MENTIONED IN THIS ARTICLE
Washington
Franklin D. Roosevelt
Narrow Escape From Leaking Gas Pipe
Elizabeth City February 2 The family of Thomas Crank narrowly escaped asphyxiation at breakfast as a gas leak spread through the dining room. Mrs Crank and four children smelled gas but could not locate the source until after two children slumped to the floor. An investigation found a hole in a pipe pouring gas through the dining room floor.
MENTIONED IN THIS ARTICLE
Elizabeth City
Thomas Crank
Senate Defeats Bill To Abolish Corporation Body
The Senate defeated a measure to abolish the corporation body and debated bills on usury rates and bank charges. Reports approved included a five day notice requirement for building and loan receivers, a World War veterans loan moratorium, and a study on state salaries. A revenue search for new taxes was begun while a school term expansion plan and a gasoline tax payment measure advanced.
MENTIONED IN THIS ARTICLE
R. S. McCain
Henderson
McDuffee
Boyd-Taylor
Taylor
Mecklenburg
P. P. Brown
Te Bankers Association
Commissioner of Insurance
Senate
House
Gattis
Orange
Olive
Davidson
Harriss-Murphy-Young
Highway Commission
Burgin
State Board of Conservation and Development
Rockefeller Foundation
Joint Finance Committee
O Briens Attack on Tariff Plan Flares in Gold Standard Debate
O Brien urged voters to oppose the Crowther tariff bill and warned that leaving the gold standard would wreck the economy. He argued the plan is partly illusory and that current imports are low with a favorable trade balance, making a switch risky.
Tolerant W. W. Lutz and the attempted home intrusion
In Salt Lake City Clarence Lutz visited his brother W. W. Lutz and found the house unsecured. He ransacked drawers and hid jewelry under a pillow to teach a lesson. Mrs. Latz, upon return, alerted police and Clarence explained his actions.
MENTIONED IN THIS ARTICLE
Salt Lake City
W. W
W. W. Lutz
Clarence
Washington Sees Chamberlains Debts Stance as Personal View
Washington observers treat Neville Chamberlain speech on war debts as the view of one cabinet member not the final British policy. Sir Ronald Lindsay carries Roosevelt's debt pleas and will outline White House thoughts to Britain next week. Senate leaders warn Britain must offer concessions for any settlement.
MENTIONED IN THIS ARTICLE
Washington
Neville Chamberlain
Roosevelt
Ronald Lindsay
Ronald
London
Exchequer
Great Britain
Senate
Borah
Senate Foreign Relations Committee
Britain
Reed
Pennsylvania
Hoover Administration
Europe Remains America’s Top Buyer and Seller in 1932
Europe continued as America’s main trade partner in 1932, taking 784.6 million dollars of American goods and supplying 289.0 million dollars in purchases. Exports reached 1.1868 billion while imports from Europe were 640.1 million, with total exports at 1.6123 billion versus 2.4243 billion in 1931.
MENTIONED IN THIS ARTICLE
Washington
Europe
America
Commerce Department
Extradition rulings hinge on charge not conviction says Gwinn
Governor McAlister pressed Gwinn about authority on extradition after conviction in a demanding state. Gwinn replied he had none but noted many cases where extradition was sought post conviction and that courts have uniformly held the charge controls, not the conviction, in determining fugitive status.
MENTIONED IN THIS ARTICLE
McAlister
Gwinn
Fugitive definition debated in extradition case
Gwinn argued innocence does not affect fugitive status and that conviction alone does not grant extradition. He noted extradition requires a real crime location and warned North Carolina jurisdiction will be challenged. The Leas’ misapplication case and conspiracy grounds were disputed as only certain bank wrongdoing fits the extradition remit.
MENTIONED IN THIS ARTICLE
Court of Last Resort
Collector Hides Gold Coins On Ice Cream Truck
Carl W. Schmidt, a Salt Lake City ice cream truck driver and coin collector, laid his coat with four gold coins valued at 22.50 on the running board during a delivery. He forgot the coat, resumed driving, then returned to find the coins missing.
MENTIONED IN THIS ARTICLE
Salt Lake City
Utah
Carl W. Schmidt
Schmidt
Swink and Sherrill Start Catawba River Row Trip to Charleston
E. J. Swink and Grant Sherrill departed Mount Holly yesterday in a 15 foot row boat on the Catawba river heading to Charleston, D. C. for a planned voyage.
MENTIONED IN THIS ARTICLE
Mount Holly
E. J. Swink
Grant Sherrill
Catawba River
Charleston
D. C
Miss Pearl Clein Returns Home to Atlanta
Miss Pearl Clein has returned to her home in Atlanta Georgia after visiting here with Mr and Mrs Mike Clein on Monthieu avenue.
MENTIONED IN THIS ARTICLE
Pearl Clein
Atlanta, Ga
Mike Clein
Monthieu Avenue
Wake Forest Band Loses Instruments In Theft
A Wake Forest college band reported two days before a performance that several instruments were stolen. Officers say the thieves took rye instruments valued at about 0, prompting an internal review and heightened security for the event.
MENTIONED IN THIS ARTICLE
Wake Forest
Wake Forest College
Abolish Clay County Proposed to Curb Lawlessness
A state inspector urges the 1934 Kentucky legislature to abolish Clay County citing decades of factional violence and systemic crime. The plan would divide the county among adjacent counties, with authorities noting repeated killings including two officials in Manchester and two women killed in Double Creek.
MENTIONED IN THIS ARTICLE
Clay County
Frankfort
Kentucky
Nat B. Sewell
Ruby Laffoon
Examiner
Kentucky Mountain County
Double Creek
Manchester
C. P. Stivers
Commonwealth
Frank Baker
Four Injured in Auto Crash Near King's Creek
H. W. Brookshire was cut, bruised and burned and three others were slightly injured when two autos crashed and burned near King's Creek.
MENTIONED IN THIS ARTICLE
Lenoir
H. W. Brookshire
King's Creek
Malcolm on Trial in Largest Catawba Liquor Haul Case
Newton deputies schedule Dick Malcolm for trial Tuesday on charges of hauling 900 gallons of liquor. The seizure marks the largest liquor haul ever made in Catawba County.
MENTIONED IN THIS ARTICLE
Malcolm
Newton
Dick Malcolm
Catawba County
Former Senator N B Dial Bids $5,000 at Carolina Coal Sale
At an auction in the city, former Senator N B Dial of Washington DC was the only bidder. He offered $5,000 for the Carolina Coal and By Products property, sold subject to a first mortgage with $400,000 in bonds outstanding.
MENTIONED IN THIS ARTICLE
Dial
Sanford
Carolina Coal and By Products Company
N. B. Dial
Washington, D. C
Paychecks Coming for North Wilkesboro Teachers
Officials announced that pay for teachers in local tax districts for eight months of last year will be issued this week, at least partially. The action affects remuneration for educators in the North Wilkesboro area.
MENTIONED IN THIS ARTICLE
North Wilkesboro
Also Mentioned on This Page
Germany
New Orleans
Shipping Board
Ady
Cincinnati Clearing House
VIA
Southern Railway System
Jacksonville, Fla
A. O
H. D. Saunders
High Potat
House Committee
Adams
Atchison
Auburn
Ee Aviation
Wheee Bando
Bendix Aviation
Beth Steel
Brook Man
Chin
cliGa&este
Curtiss Wright
Eastman Kod
Gen Foods
Gillette Wee
Eohns Manville
Liggett Myers
Mo Kan
Mo Pac
Monty Ward
North Amer
North Pac
Packard
Penney
Seaboard
Sears Roebuck
Socony
Studebaker
Texas Gulf Sul
Transamerica
UN Carbide
U S Steel
Elec
Gulf Oil Pa
England
P.c
Congress
Tennessee Valley
Army Engineers
The
Power Commission
Interior and Agriculture Departments
Forestry Service
Hyde
Agriculture Department
Department
Organized Agriculture
Roosevelt Long
O'Brien
Canada
Read
Thanes
MEA Service, mc
Hamilton Street
Sunset Drive
City Loans Inc
N. Main St
Chamberlain
Reno
Randolph St
Lindsay St
Dixie Realty Company
W. Washington St
Dodge
Ford
Pat Brown, Inc
E. Washington St
Woodrow Ave
Denny St
Woodrow Avenue
Main St
U.S
Carolina News
Sour Note
Morris Street
Ray Street
English Street
Campbell Street
Thomasville
Pope St
J. N. McCrary
Fourth St
Bencini Street
Washington St
Fourth Street
Heatrola
Parniture
South Wrenn Street
Blain Street
M. T. Hicks
Black's
Loftin St
Ford Phaeton
Cusco Products Co
Greensboro
N. C
Franklin © CO
Co-Op Finance CO
West Washington Street
Cedron Avenue
RI Ae
Eegg Ave
High Point Hospital
Lowbrook
Cummings
West
Electro-Chemical CO. Mee
High Point
J. L. Griffin Jr
W. Market Street
Crouse
Elwood Hotel
A. T. Care Enterprise
White Oak St
Mangum Ave
Carter St
Dayton St
Franklin Street
Wesley Place
Green Street
Lexington Avenue
Franklin St
Greyling
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