Early Stock Rally Fails as Downturn Hits Key Issues
New York trading opened with a brisk rally that soon faded as selling pressure returned on merchandising, utilities, and high priced issues. Stocks fell 2 to 6 points from early gains amid tax loss liquidation, while dividends and interest totaling over 1 billion dollars were expected this month.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Mellon
Lamont
Federal Reserve and
Securities
Bank of England
General Electric
J.1
Case
Columbian
Allied Chemical
Standard Gas and Electric
Sears Roebuck
R. H. Macy
KU declines captain selections for teams
Lawrence Kansas officials announce no formal captains will be elected to lead KU athletic teams. An honorary captain will be chosen in each sport at season end, with coaches naming a leader for every game.
MENTIONED IN THIS ARTICLE
Kansas
Lawrence
Kas
University of Kansas
Excess Acid Relief with Milk of Magnesia
Advertisement promotes Phillips Milk of Magnesia as the cure for excess stomach acid and related symptoms. It claims instant relief within five minutes and urges readers to buy the genuine product at drug stores with the 60 year doctor trusted history.
MENTIONED IN THIS ARTICLE
Magnesia
Philips
Phillips
Chas. H. Phillips Chemical
Chas
Ady
Sackett Chosen as U S Envoy to Germany
The German government accepts Senator Frederick H. Sackett of Kentucky as United States Ambassador, succeeding Dr Jacob Gould Schurman who resigned. Sackett, tied to President Hoover in wartime relief efforts, is the new envoy to Berlin.
MENTIONED IN THIS ARTICLE
Frederick H. Sackett
Kentucky
United States
State Department
Hackett
Berlin
Jacob Gould Schurman
Senator Sackett
Hoover
Mitchell to Fill Vacancies Soon in US Attorneys
Attorney General Mitchell announced that fifteen district attorney vacancies will be filled soon as four year terms expire. He noted prior replacements and ongoing surveys of DA offices to ensure duty and efficiency, citing turnover among U S attorneys assistants due to low salaries. He said nominees will be sent to the Senate for confirmation once agreed.
MENTIONED IN THIS ARTICLE
Washington
Mitchell
Senator Borah
Arkansas
Iie
Deglect
United States
Senate
New York Stocks Price Snapshot Across Chemical and Auto Firms
A crowded ledger shows varied gains and losses among majors such as Chrysler Coca Cola General Electric General Motors and Anaconda with notable percent moves like 86 percent for Chrysler 248 percent for Gen Elec and 70 percent for Woolworth amid a broad mix of industrials and consumer names. The list also includes Am Sugar Armour Atlantic Ref and Seaboard with notable fractional changes and a closing sales figure of 2 805 500.
MENTIONED IN THIS ARTICLE
Jetta
Savaees
Beth Steel
Echoveres
Cannon Mills
Weetess BI
Canadian Pac
Whcvsesees
Certainteed
Eeeeeneees
Ches and Ohio
Chrysler
Coca Cola
Evesessebal Am
Balto and Ohio
Gillette
Weve
Gt West Sugar Seevesevse
Hudson Motors
Hupp Motors
NY Central
Vicceessl TB
BOB
Eviey
Wills O
OO Packard
Pan Am
Acon
Lasky
Essever
PeOn Fef
Ace Nese Soo
Phillip Morris Coe Toe Cas
Puilios Peta
Seeve
Pullman New
Ieee Ck Kawates
Reynolds
Nw Waves
Seaboard
Seer
Sears Roebuck
Bimmons Co
Armour A
H .Seeeee
Can. Weal Bom. Oi Secapete BF Rem Rand
Schulte
Sinclair
Vores
Caf
Ward Baking
Wes Ponteoues
Padlock Warnings In Philadelphia
Philadelphia January 2. Letters warning hotel club and cafe managers their establishments face padlocks for flagrant violations of the national prohibition law were sent by Colonel Samuel G Wynne federal prohibition administrator. Evidence from agents on an inspection trip will be turned over to the U S Attorney for action. Threats to padlock country clubs in the district were also made.
MENTIONED IN THIS ARTICLE
Philadelphia
Samuel G. Wynne
Wynne
U. S
Calvin 8. Boyer
Students Turn On Would-Be Robbers And Capture Them
Three Allentown students were robbed in a hotel room by three youths who bound and gagged them but were captured while trying to escape. The suspects were Clifford Dickerson 19 of Danforth Maine Daniel O Connell 18 of Schenectady New York and Jack Byers 18 of Wakefield Virginia. Police recovered $68 in cash and two wrist watches a gold pencil and a pair of spats from Dickerson s possession.
MENTIONED IN THIS ARTICLE
New York
Allentown
Clifford Dickerson
Danforth
Maine
Daniel O'Connell
Union Street
Schenectady
N. Y
Jack Byers
Wakefield
Dichkersonm
Stock Quotations Patchy Reading Adds Few Names
Additional quotations show scattered entries with company codes and prices. Firms listed include Ford Ltd S6485 Penn Road Corp and Sou Sorp, among others, in an unreliable but identifiable stock blurb.
MENTIONED IN THIS ARTICLE
Gon Oil Pnw
Ford Ltd
Penn Road Corp
Ess
Wees Act
New York Cotton Opens Steady Amid Rising Prices
The New York cotton market opened steady with a 1 to 5 point advance as demand rose. March reached 17.43 and July 17.82, with Liverpool reports noting absorption of liquidation and firmer Manchester prospects. similar gains shown in New Orleans as prices firmed into the first hour.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Better Commission House
March
Continental
Bombay
Manchester
New Orleans
Potatoes market report from Chicago deliveries and prices
U S Department of Agriculture notes potatoes receipts 172 cars on crack 280 total shipments Tuesday 941 Wednesday 577 cars. Market described as most fair with light weakness. Wisconsin sacks rough whites priced 2.40 to 2.50 and Idaho sacks unspecific varieties 2.77 to 3.10.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Department of Agriculture
United States
Wisconsin
Idelio
Gussels
Convict Killed at Roaring Gap Camp
William Jones, a 23 year old Craven convict, was shot and killed at the Roaring Gap prison road camp after attacking supervisor J N Rackley and another guard. Jim Royal, justice of the peace, ruled Rackley acted in self defense protecting staff and a fellow prisoner.
MENTIONED IN THIS ARTICLE
Raleigh
William Jones
State
Roaring Gap
Jones
J. N. Rackley
Allegheny County
Jim Royal
Royal
Rackley
Bailey Announces Candidacy To Challenge Senator Simmons
Josiah William Bailey Raleigh lawyer announces for the Democratic primary to oppose Senator Furnifold M. Simmons in June. Bailey, 75, born Warren ton NC, former editor and lawyer, has long campaigned for Democrats and led anti saloon efforts in North Carolina.
MENTIONED IN THIS ARTICLE
New Bern
F. M. Simmons
Associated Press Today
Josiah William Bailey
Raleigh
Simmons
Washington
Alfred E. Smith
Furnifold
M. Simmons
North Carolina
Senate
N. C
Overman
Bakey
Rotary Meeting Honors Club Members And Optimistic Outlook
High Point Rotary members and guests discussed community progress and business prospects. Speakers included Mr. Clark praising the club's gift and local business leaders like Charles Tomlinson and Mr. Cox outlining hopeful 1930 prospects amid wartime shifts.
MENTIONED IN THIS ARTICLE
High Point
Britt Armfield
New York
Tom Powell
T. C. Johnson
High Point College
Hugo Mayer
Huntingdon
George Co. Gerhard
Circleville
Ohio
J. E. Marsh
Clark
Charles F. Tomlinson
Tomlinson
Olympus
Hoover
Cox
United States
Peacock
Hammond
Wrenn
A. E. Tate
North Carolina Senatorship Seen as Possible for Justices
The article notes a pending tariff bill and describes how the bill becomes a focal point for Democratic critique of its provisions. It mentions Chief Justice Stacy and Justice Brogden of the North Carolina Supreme Court as individuals long considered possible candidates for the senatorship.
MENTIONED IN THIS ARTICLE
Stacy
Brogden
North Carolina Supreme Court
Alono
Washington Captain Leads Marine Band Through New Year’s Reception
Captain Taylor Branson led the marine band at the White House New Year’s reception with 32 years of service. The ensemble performed 80 numbers in four hours without pause.
MENTIONED IN THIS ARTICLE
Washington
Taylor Branson
Marine Band
White House
Hunting Seasons Under Scrutiny As Five Die
North Carolina hunters face a shortened season with both resident and nonresident crowds expected. Squirrel deer and bear seasons end January 15, while migratory waterfowl close February 1. Fur bears wrap up February 15.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
General Assembly
Society Notes Delights and Deliberations Across Town
Mrs F M Pickett returns from Havana Cuba and visits Mrs J E Hardy in Madison Fla. Miss Margaret Hauser leaves North Main street for New York City to resume school. Miss Helen Kale returns to Lexington after New Year visits hosted by Miss Alice Elizabeth Freeze. Miss Betty Webb and Miss Askins Ivey of Concord join New Year dances at the country club. The schooner America bound from Gloucester to Liverpool sells and six captains take a shore excursion.
MENTIONED IN THIS ARTICLE
F. M. Pickett
Havana
Cuba
Margaret Hauser
F. M. Hauser
North Main Street
New York City
Helen Kale
Lexington
Alice Elizabeth Freeze
Country Club
Miss Freeze
Betty Webb
Askins Ivey
Concord
Liverpool
N. S
Bosun
America
Gloucester
Mass
Wheat Sags as Export Demand Weakened in Chicago Trade
Persistent selling by houses with easy connections pushed wheat lower after an early advance. Export demand from North America failed to meet expectations, and rumors that Russia cleared wheat and sent samples to Liverpool added to bearish sentiment. Corn slipped 6 to 7 cents, oats mostly unchanged to lower, and provisions rose about 5 to 7 cents.
MENTIONED IN THIS ARTICLE
Chicago
North America
Liverpool
Two New Orleans Trolleys Bombed in Latest Attacks
In New Orleans two street cars were damaged by bombing in separate incidents. The second blast hit a distant city section after a car was dynamited Tuesday night. Police plan arrests under a state death-penalty law as marshals boost protection of street car lines.
MENTIONED IN THIS ARTICLE
New Orleans
Despithat
Police Warn Drivers to Buy City License Tags
Chief of Police E A McGh said this morning he would notify motorists who neglected to purchase a city license tag. He stated arrests would not occur today, but within the next few days officers would begin arresting drivers using old plates.
MENTIONED IN THIS ARTICLE
E. A. McGh
McGhee
Prisoner to Attend Funeral for Brother in Raleigh
Deputy Sheriff Claude Husse left for Raleigh to fetch Arthur Griffin from the state prison. He will return with Griffin to attend the funeral of his 15 year old brother who has died. State authorities agreed to allow the trip if a deputy accompanies Griffin.
MENTIONED IN THIS ARTICLE
Claude Husse
Raleigh
Clan Griffin
Arthur Griffin
Ambulance Responds to Repeated False Alarms at Plant
A call to the Southern Oil Company plant on Highland Avenue brought Sechrest's ambulance today at 12 30 PM for a reported girl run over. Arriving personnel found no incident. this marks the sixth false alarm to Sechrest's in recent days.
MENTIONED IN THIS ARTICLE
Sechrest
Southern Oil Company
Highland Avenue
Oi Company
Young Boy Hurt In Automobile Accident
William Buchanan a former Richmond boy living at 509 Oakland Street was injured in an automobile accident this afternoon. He was taken to High Point Hospital where he remained under medical care. His injuries were not believed to be serious.
MENTIONED IN THIS ARTICLE
William Buchanan
Richmond
Oakland Street
High Point Hospital
Also Mentioned on This Page
Stanley W. Prenosil
Associated Press Financial
Germany
Borah
Craven County
Bailey
Warrenton
Biblical Recorder
North Carolina Baptist Organ
Wake Forest
Trinity Colleges
Internal Revenue
anti-Smith
Mr. Bailey
Walter P. Stacy
Justice Brogden
Rotary
Gotham
Bration
Brooklyn
Bellevue Hospital
Bellevue
Chicago Grain
Carolina
North Carolina Bank and Trust Company
North Carolina Bank
The
Carolinas
South
Wilmington
Salisbury
Spencer
Greensboro
Burlington
Rocky Mount
Scotland
Nashville
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