Easier Money and Higher Wheat Boost 10 Stocks
Easing credit stringency and rising wheat futures revived bullish trading. Iron Age notes steel demand stable, while Case Threshing, International Harvester, Montgomery Ward, Sears Roebuck, Nash, Studebaker, Gardner, United Aircraft and other firms posted gains. Coppers and select specials also climbed as investors covered short positions and bought on strength.
MENTIONED IN THIS ARTICLE
Stanley W
New York
Federal Reserve
Iron Age
Case
International Harvester
Montgomery Ward
Sears Roebuck
Nash
Studebaker and
Gardner
United Aircraft
Curtiss and Wright
Greene Cananea
Johns Manville
Air Reduction
DuPont
Purity Baking
American International
National Cash Register
Engineers Public Service Common
Remington Rand
Federal farm board seeks lower marketing costs
Washington July 17 The farm board aims to cut marketing costs for agricultural products to raise farmer returns without raising consumer expenses. It will organize marketing facilities nationally through farmer groups and will meet leaders in Baton Rouge July 29 at the American Institute of Cooperation. The board has 150 million dollars available from a 500 million loan fund and plans regional commodity meetings as time allows. Chairman Legge praised rising wheat prices due to favorable reports and weather, while deflecting personal credit.
MENTIONED IN THIS ARTICLE
Washington
Federal Farm Board
Baton Rouge
American Institute of Cooperation
Legge
Name changes for Daniel Boone and Mount Mitchell refuges
The Mount Mitchell state game refuge on Mount Mitchell is renamed from Daniel Boone refuge. The new refuge on Grandfather Mountain in Avery and Caldwell counties will be known as the Daniel Boone refuge.
MENTIONED IN THIS ARTICLE
Asheville
Mount Mitchell
Mount Mitchell State Game Refuge
Grandfather Mountain
Avery and
Caldwell Counties
Eggs Prices Reported By New York Firm
Egg receipts totaled 28 788 with fresh gathered stock at 832 321 percent. Pacific Coast white extra sold at 4435 46 with extra 411-4 44.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Ex-Service Men Proposed to Take Census
Representative Annings Pratt of New York urges Director Stewart to appoint disabled and unemployed ex servicemen to fill census positions. He says political considerations must be set aside and that American Legion mothers widows and veterans should be prioritized to ensure a thorough and reliable count.
MENTIONED IN THIS ARTICLE
Washington
Stewart
Annings Pratt
New York
American Legion
New York cotton opens higher on overseas buying and rains
The New York cotton market opened 5 to 13 points up as Liverpool cables and rain in the central belt boosted sentiment. October rose to 18.63 and January to 18.88 in early trading before retreating, with July firm at 15 points above the prior close. Weather reports and pest news kept gains limited as prices hovered near yesterday’s levels at midsession.
MENTIONED IN THIS ARTICLE
New York
Liverpool Cables
Commission House
P. C
Spencer Lad Admitted to Military Academy
Spencer, N. C. July 17 William Lamont Smith of Spencer has been admitted to the United States Military Academy at West Point New York and assigned to the third company. Smith was appointed by Congressman R L Doughton of the eighth district.
MENTIONED IN THIS ARTICLE
Spencer, N. C
William Lamont Smith
Spencer
United States Military Academy
West Point
N. Y
Smith
R. L. Doughton
Wheat surges past 1.50 in Chicago market action
In a high volume session Chicago grain prices rose with wheat trading limits extending past 1.50 a bushel amid drought and heat reports in Canada and areas south of the international line. Corn oats rye and fats followed higher as buyers pushed prices through the day.
MENTIONED IN THIS ARTICLE
Chicago
Liverpool
Winnipeg
Canada
Highway Commission to Buy Prison Labor Stone
The North Carolina Highway Commission authorized its chairman to sign an agreement with state prison officials to obtain all stone for highway building for two years from prisoner quarries. The price will be set by the commission chair, the chief highway engineer, and the prison board chair, ensuring supply and continued inmate employment.
MENTIONED IN THIS ARTICLE
Raleigh
State Highway Commission
Highway Commission
Highay
Doughton
Dairy Prices in Chicago On July 17
Butter firm with 9543 tubs receipts and 3944 creamery extras. Standards at 40 percent, extras first 49 percent, firsts 38 39, seconds 37. Eggs unchanged with 8 8 4539 cases received.
MENTIONED IN THIS ARTICLE
Dairy Products
Chicago
Wichita Chief Learns Solo Flying in Six Hours
Wichita Kansas police chief O W Wilson trained to solo flight after six hours of instruction. The note highlights his aviation reflexes and interest in aerial law enforcement duties.
MENTIONED IN THIS ARTICLE
O. W. Wilson
Wichita, Kas
State Firemen Re-elect Officers at 1930 Convention
North Carolina State Firemen's Association in Hendersonville re elected all officers and chose Morehead City as the 1930 convention site. Officers include A L Duckett president R C Whitley vice president John L Miller secretary C C Harris statistician and C Schnibben treasurer. The group also plans a full time secretary position with salary set by the executive committee. Morehead City previously hosted the convention. fire drills will run at five or six sites next year starting with Wilmington. Obituary note Chief Boyden of Salisbury remembered.
MENTIONED IN THIS ARTICLE
Hendersonville
North Carolina State Firemen’s Association
Morehead City
A L. Duckett
Asheville
R. C. Whitley
New Bern
John L. Miller
Concord
C. C. Harris
Raleigh
C. §. Schnibben
Wilmington
New Orleans Cotton Edges Higher on Weather and Shorts Covering
The New Orleans cotton market opened firm as Liverpool prices rose and rains in the central and eastern belt aided the trade. Early gains of 7 to 9 points lifted October to 18.46 and December to 18.65, with the market easing after the crop focus and weather summaries, then rallying to around 18.33 for October and 18.52 for December at mid-session.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Shorts
Confederate And Yankee Vets Thrown Together In Unusual Way
In Asheboro a Confederate veteran and a Yankee soldier share a hospital room and exchange stories. A. J. Rish, 87, from Farmer, NC, and A. H. Pugh, 83, of Ramseur, discuss Civil War memories while Mrs. Tina Burgess, 76, widow of Confederate veteran John H. Burgess, nearby recovers. Burgess, author of Randolph County histories, and Rush, Randolph camp Confederate veterans leader, form an unlikely trio amid a peaceful hospital scene.
MENTIONED IN THIS ARTICLE
Asheboro
Memorial Hospital
A. J. Rish
Farmer, N. C
A. H. Pugh
Ramseur
Pugh
Tina Burgess
Near Ramseur
John H. Burgess
Fred Burgess
Peachland
Burgess
Randolph County
Addison Blair
Rush
Randolph
Minerva Cheevy Rescued From Well
A horse named Minerva Cheevy fell 15 feet into a farm well near Libertyville. A rescuer jumped in, hooked the horse by its halter, and the Libertyville fire department pumped the well dry before lifting the animal to safety with a crane. Minerva Cheevy returned to the plow today.
MENTIONED IN THIS ARTICLE
Chicago
Minerva Cheevy
John Neborne
Libertyville
Minerva Cheery
Minerva
Britain Ready to Ban Submarines
London July 17 The British government says it will discontinue submarines if other world powers agree. A V Alexander first lord of the admiralty told the House of Commons the policy remains negative until others share the opinion laid out at the 1921 Washington conference and confirmed since.
MENTIONED IN THIS ARTICLE
London
A. V. Alexander
Admiralty
House of Commons
Alexander
British Empire
Washington
Catholic Women Urge Knee Covering Dresses at Convention
At the national convention in Salem Oregon the Catholic Women's Society adopts a resolution urging women to wear dresses long enough to cover the knees when seated and standing. Other resolutions address birth control and freedom for women amid talks condemning immodesty in fashion.
MENTIONED IN THIS ARTICLE
Salem
Ore
Catholic Women’s Society
Catholic Central Verein of America
Missing From Sunken Transport Batao Off Chile
Forty-one officers and crew of the Chilean transport Batao are missing after the ship sank near Valparaiso in a violent storm. Only two of 43 were saved as rescue boats and destroyers found bodies among wreckage. The Batao, built in 1923 in Emden, Germany, measured 22212 feet and could make ten knots.
MENTIONED IN THIS ARTICLE
Valpraiso
Chile
APY
Batao
Flora
Imperial
Enrique Aranda
Francisco Miranda
San Antonio
Ernst Hemeoth
Emden
Germany
Florida Banks Fail Amid Unrest and Low Mood
State comptroller Ernest Amos attributed eighteen bank failures in Florida to unnecessary withdrawals propaganda and a negative mental attitude among the public. He cited a statewide financial low mood worsened by the Mediterranean fruit fly quarantine and urged people to change course before more closures.
MENTIONED IN THIS ARTICLE
Ernest Amos
Associated Press
Florida
Amos
Washington owner Clark Griffith rushed to Mercy for appendectomy
Clark Griffith owner of the Washington baseball club of the American League was taken to Mercy hospital in Chicago today for an appendicitis operation.
MENTIONED IN THIS ARTICLE
Clark Griffith
Chicago
Washington Baseball Club
Mercy Hospital
Also Mentioned on This Page
Farm Board
Daniel Boone Refuge
Spencer Lad
Military
la Anaconda
Armour
Beth Steel
Ghrysler
Coca Cola
Crow
Motors
Houston Oil
Mere Marine Pf
Nickel Ree
Liggett & M B
Sville & Nash
Lorillard
MK & T
Monty Ward
Nash cd
Norfolk Sou
Norfolk & West
Nor Pac
Reynolds
Owe
Schulte
SA L
Seaboard
Searé Roebuck
Simmons Ene
Sinclair Oil
Sas
Studebaker
Erro
Texas Corp
Ieee
Union Pac
Eee One
Ice Sinc Ses Lee
U .S Steel
Vick Chem v. Tee
Western Union
Willys Overland
Westinghouse Oe
Eonrae
STATE
Boyden
H. H. Walker
Great Britain
Stamey
Stamey’s—Jewelers
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