Market Unease Triggers Irregular Price Moves
The weekly Fed statement ahead of the close spurred uneven trading as rail stocks slipped 1 to 6 points while others like Johns Manville and Crown Cork rose. Call money held at 8 percent, discounts stable, and brokers warned on new commitments amid high loan levels and cautious sentiment.
MENTIONED IN THIS ARTICLE
Stanley W
Associated Press
New York
Federal Reserve
New York Federal Reserve
Johns Manville
Wall Street
R. H. Macy
General Railway
Glidden
Gillette Safety Razor
Columbia
City Ica
Fox Film
Crown Cork and Seal
Lima Locomotive
Public Service of New Jersey
U. S
Midland Steel Products
Commercial Investment Trust
Simmons
Otis Elevator
America’ Linseed
Safeway
Canadian Pacific
Missouri Pacific
Katy
Baltimore and Ohio
Reading
Chicago
Bishop Cannon to seek probe of stock trades by church
Greensboro July 18 Bishop James Cannon Jr says the general conference of the Methodist Episcopal Church South will be asked to investigate his stock dealings. The North Carolina Christian Advocate notes the bishop's message and urges due judicial action by church authorities beyond hostile press claims.
MENTIONED IN THIS ARTICLE
Greensboro
General Conference of the Methodist Episcopal Church, South
James Cannon, Jr
North Carolina Christian Advocate
A. W. Plyler
New York City
Sneeh Church
United States
New York
Cannon
New York Cotton Opens Steady Amid Profit Taking
New York cotton opened steady with small gains after yesterday's surge as profit taking abated. By midmorning October rose to 19.10 and January to 19.30, near new highs, supported by strong demand from Wall Street and Western houses amid hot southwest weather and boll weevil concerns. Prices later eased, October to 18.85 and January to 19.07, before a partial rebound as traders weighed cooler forecasts and Texas showers.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Western
Commission
Liverpool
Bombay
Southwest
Texas
Cotton prices rise on light demand in Liverpool
Liverpool reports a light demand with prices higher across grades. American grades lead gains with strict good middling at 11.30 and middling at 10.50. Sales reach 4,006 bales, receipts 12,000, futures barely steady with July 10.11 and December 10.93.
MENTIONED IN THIS ARTICLE
Liverpool
Potatoes market report from Chicago on July 18
Potatoes receipts 66 cars on track 349 cars, total U S shipments 459 cars. Sacked stock trading fair with market about steady. Barrel trading slow and dull. Kansas Missouri sacked Irish Cobblers 1.75 to 2.10, mostly 2.00 to 2.10. Virginia barrel Irish Cobblers 6.25 to 6.35.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Kansas
Missouri
Virginia
Eight Football Coaches Slated for 1929 Season
Coaches Yele will assemble a squad of eight football coaches for the 1929 season, aligning staff for the upcoming fall campaign.
MENTIONED IN THIS ARTICLE
Yele
Grain market slips after profit taking at Chicago
Chicago grain traders sold heavily to lock in gains on extreme price bulges. Wheat prices retreated from season highs to near day’s bottom, with closing quotes around 27 to 34 cents lower. Corn eased about 2 to 2 1/2 cents, oats fell 1 1/2 to 2 cents, while provisions were unchanged to a slight rise.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Livestock Prices See Mix of Gains and Steady Trades
Chicago hogs receipts 22 000 with slow to steady gains. Top 12 25 for 210 lb butchers. Cattle receipts 5 500 with strong to higher trend for grain fed steers and yearlings. heifers like 13 00 to 15 50 and cows 8 75 to 12 00. Sheep receipts 9 000 active, natives strong at 14 75 to 15 25 with fat ewes 5 00 to 7 00.
MENTIONED IN THIS ARTICLE
Chicago
Sugar prices firm as Cuban shipment offers rise
Raw sugar firmed with bid offers reported at 3.96 for 6500 Cuban bags for second-half August. Refiners asked 5.25 for fine granulated, with re sale at 5.19. Market notes include overall firmer tone and limited sales.
MENTIONED IN THIS ARTICLE
New York
Soviet Note Denounces Chinese Rejection of Moscow Proposals
The Soviet note criticizes China for rejecting the Moscow proposals and abrogating the Pekin Mukden agreement. It accuses China of justifying railway seizures and repressing Soviet citizens, while evading conference calls and blocking any amicable settlement.
MENTIONED IN THIS ARTICLE
China
S. R
Governors Call Focus On Crime Over Prohibition Enforcement
At the governors conference in New Haven Maryland Governor Albert Ritchie argued the issue is eradicating crime tied to the Prohibition amendment, not enforcement. He said the federal government bears most policing duty under the act and urged a division of enforcement between states and national authorities.
MENTIONED IN THIS ARTICLE
New Haven
Conn
Albert ©. Ritchie
Maryland
Governors’ Conference
Rittchie
Georges W. Wickersham
Hoover
Franklin P. Roosevelt
New York
Wickersham
Myers Y. Cooper
Ohio
Cooper
Governors Discuss Law Observance and Prohibition Policing
Governors at a conference debate state policing power under prohibition and urge individual responsibility in government. Ohio's Myers Y Cooper warns against over legislation and stresses law observance as essential for democracy and public security.
Specialists Discuss Fruit Fly Eradication Efforts
Washington July 18. committees of fruit fly specialists sent to Florida by Secretary Hyde held a closed meeting with Marlett chief of quarantine and control. They reviewed eradication and control measures and awaited Agriculture Department scrutiny for possible action and findings on refrigeration or heat treatments for destruction of traces.
MENTIONED IN THIS ARTICLE
Washington
Florida
Hyde
Marlett
Agriculture Department
Train wreck and flood drownings reported with passengers listed
A passenger at the scene blocked access as the engine and tank derailed causing nine cars to pile up and breach a bridge. A Pullman car submerged with seven passengers and a porter, including Morris Gest and Mrs. V. Carman, trapped as flood waters rose. Doctors arrived to aid victims amid washed-out roads and receding water.
MENTIONED IN THIS ARTICLE
Morris Gest
New York
V. Q. Carman
Jacksonville
Fila
Henry L. Williams
Flagler
O. P. Kenney
Burlington
Colo
Bridge Disaster Flood Rescue Involving Passengers
Rescue work began with two people and passengers from Pullman cars aiding others trapped by flood water. A wooden bridge about 75 feet long across a sand draw was swept away. Water ran about 100 yards wide at the wreck, and reports described screams of women and children amid the roaring flood.
MENTIONED IN THIS ARTICLE
Pullman
New Orleans Cotton Market Opens Quiet as Rains Lift Prices
The New Orleans cotton market opened steady with gains from rains in the central belt and boll weevil fears. October rose to 19.00 and December to 19.20, while later trading eased but prices remained near daily highs before closing steady with a small net decline of 6 to 8 points.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Central Belt
P.C
Museum Gift Honors California Girl Mae in Lassen Park
A museum in Lassen Volcanic National Park receives the United States as memorial to Mae, daughter of B. F. J. Imis of Anderson. The gift includes 40 acres of land and a seismograph building built with lava varieties.
MENTIONED IN THIS ARTICLE
Anderson
Cal
United States
California
Lassen Volcanic National Park
B. F. J.imis
Mae
Lassen Peak
New Notaries Commissioned in Raleigh and Nearby Towns
New notaries public commissioned: Miss Fannie Burns Fayetteville Ernest V. Bunn Henderson C D D Carstarphen Jr Williamston J T Ellis Wilson Edwin Farmer Wilson Waverly Jones Pine Level J C Spence Jr Elizabeth City C O Swicegood Woodleaf C L Williams Wake Forest.
MENTIONED IN THIS ARTICLE
Raleigh
Fannie Burns
Fayette- Ville
Ernest V. Bunn
Henderson
C. DD. Carstarphen, Jr
Williamston
J. T. Ellis
Wilson
Edwin Farmer
Waverly Jones
Pine Levie
J. C. Spence, Jr
Elizabeth City
C. O. Swicegood
Woodleaf
C. L. Williams
Wake Forest
Davis 13 Asked to Arbitrate in New Orleans Strike
In New Orleans on July 18 labor leaders awaited word from Washington if Secretary Davis would agree to arbitrate in the streetcar strike. Mahon pressed for intervention as city officials prepared a special session to review a citizens committee report and possible sympathy actions affecting 45 000 organized labor workers. Governor Long invited to speak at a mass meeting as armed marshal supervision and strike breakers run routes from five barns. Separately a bomb failed to explode, sparing gas flow from the water fields.
MENTIONED IN THIS ARTICLE
New Orleans
Washington
Davis
W. D. Mahon
Carmen’s
City Commission Council
Citizens Committee
Parish of
Orleans
Governor Long
United State
Oreleans
Atlantic Beach to host beauty show August 14 19
Atlantic Beach set to hold its second annual beauty pageant August 14 and 15 drawing interest. Last year Miss Zenovia Guthrie of Morehead City won first prize with Miss Elizabeth Murph of Salisbury and Miss Ada All of Newport placing third.
MENTIONED IN THIS ARTICLE
Atlantic Beach
Secon
Zenovia Guthrie
Morehead City
Elizabeth Murph
Salisbury
Ada All
Newport
Hoyt Aims for 8460 Mile Flight Record
Capt. Ross G. Hoyt flys from Mitchel Field in a single seater pursuit plane toward Alaska. He seeks to complete the 8,460 mile journey faster than any prior nonstop record.
MENTIONED IN THIS ARTICLE
Mitchel Field
N. Y
Ross G. Hoyt
Alaska
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