Stocks and Commodities Drop Sharply in New York Market
New York stock and commodity values slumped with wheat and corn down sharply and cotton off over five dollars a bale. Distillery and whiskey issues led the declines as margins evaporated and selling intensified. The dollar strengthened on currency fears as Morgan signaled possible UK currency talks.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
J. P. Morgan
London
Norman
Bank of England
Wages Must Keep Step With Rising Prices Or Recovery Act To Fail
Industrial Administrator Hugh S. Johnson unveils a plan for nationwide minimum wages and hour limits to propel the recovery program. The voluntary scheme, awaiting President Roosevelt’s approval, would rely on public pressure to enforce code adherence while balancing rising prices and consumer buying power.
MENTIONED IN THIS ARTICLE
Washington
Hugh S. Johnson
Roosevelt
Johnson
Bank Robbery in Battleboro Nets $5151
Two masked bandits robbed Planters Bank in Battleboro taking 5151 cash and 4300 from the vault, forcing cashier James A. Daughtridge to the floor. They fled in a light sedan toward Tarboro. police widened a regional manhunt including Fayetteville reports.
MENTIONED IN THIS ARTICLE
Battleboro
Planters Bank
James A. Daughtridge
Daughtridge
Tarboro
Dunbar Farm
Planters’ National Bank of
Rocky Mount
Fayetteville
Smithfield
Ane
Paul Edwards
Jim Hill
Six Held In Solution Of Luers Case
Federal and state officers rounded up six people tied to the ransom plot in the abduction of 77-year-old Alton banker Carl Luer. The Musiala farm near Madison, Illinois, was identified as the hideout where Luer was held five days. Authorities said no ransom was paid and the case was reportedly cleaned up after arrests including Michael and Anna Musiala and ex-convict Percy Fitzgerald.
MENTIONED IN THIS ARTICLE
ST. Louis
August Sauer
Alton
Ill
Joseph Gerk
Madison
Michael
Anna Musiala
Percy Michael Fitzgerald
Department of Justice
Collinsville
Luer
Sergt. Leonard Murphy
Carl Luer
Case Department of Justice
Child Labor Act To Prohibit Only Few Working In State
North Carolina records show industrial codes restricting under 16s will have limited effect with only 944 children under 16 employed in industry in 1932. No child under 14 has worked in industry locally. textile mill workers dropped from 5,029 in 1928-29 to 781 in 1931-32, while total industrial employment fell from 5,530 in 1929 to 944 in 1932.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
State Department of Labor
Executive Meeting In Ridgecrest Deliberates In Executive Session
The Social Service commission of the Southern Baptist convention meets in Ridgecrest on July 20 in executive session to discuss confidential matters regarding welfare programs and organizational policy.
MENTIONED IN THIS ARTICLE
Ridgecrest
Social Service Commission
The
Southern Baptist Convention Oes
Kidnappers Attack Wealthy Brother in Lower Merion
Frank A. McClatchy, 56, real estate operator, lay near death from a chest wound after two men lured him to a house to kidnap him and target his brother John H. MeClatchy. Police described the assault as a failed attempt to seize the brothers and ransom the other.
MENTIONED IN THIS ARTICLE
Philadelphia
Frank A. McClatchy
McClatchy
Lower Merion
John H. MeClatchy
69Th Street
Upper Darby
Mewlatchy
John McClatchy
McClatehy
soClatehy
Loan Operator Drake Surrenders in North Carolina Case
Harry L. Drake, operator of a large chain of loan companies, surrendered in felony court on a conspiracy charge to evade usury laws. He was released on 2500 bond as extradition to North Carolina looms. case continued to August 3. Moore of Raleigh said Drake charged 175 percent interest on a $30 loan.
MENTIONED IN THIS ARTICLE
Harry Drake
Chicago
N.C
Harry L. Drake
North Carolina
Detective Bureau
J. E. Moore
Raleigh
N. C
Drake
Moore
McNinca
Winston Officer Indicted in Lottery Corruption Probe
Winston-Salem July 20 One police sergeant, J. A. Cofer, was indicted for accepting bribes from lottery operator Fannie J. Richardson Thompson who said she paid him 10 weekly for protection during 1930. Thompson testified before the grand jury as authorities continued investigations across several cities.
MENTIONED IN THIS ARTICLE
Winston-Salem
Porsyth County Grand Jury
J. A. Cofer
Fannie J. Richardson Thompson
Cofer
Thompson
Grand
Charlotte
Durham
Greensboro
High Point
Lexington
Danville
Municipal League Hears Authority On Problems of Debts
Wrightsville Beach July 20 The North Carolina Municipal league opened with talks by state treasurer Charlies M. Johnson and Hoyt of Hoyt and Washburn. About 60 city and town officials attend as Mayor George W. Coen Jr. presides. Johnson warns debt is the era’s key issue and cites the local government commission, while Hoyt urges better tax collection and orderly debt restructuring.
MENTIONED IN THIS ARTICLE
Wrightsville Beach
North Carolina Municipal League
Charlies M. Johnson
Harry Hoyt
Hoyt and
Washburn
Geo. W. Coen, Jr
Winston-Salem
Mr. Johnson
North Carolina
State
Hoyt
Six Arrests Made in Kidnaping Probe Near Madison
The Department of Justice announced six people were arrested in early raids near Madison on charges connected to the July 10 kidnaping of August Luer, a banker from Alton, Illinois. Names include Randall and others not fully listed in the report.
MENTIONED IN THIS ARTICLE
Washington
Department of Justice
Madison
August Luer
Alton
Ill
Randall
Prohibition Repeal By Christmas, Says Farley To President
Postmaster General Farley told reporters and President Roosevelt that repeal of prohibition would be secured by Christmas. As DNC chairman he returned to Washington after southern campaigning and reported to the White House on repeal prospects.
MENTIONED IN THIS ARTICLE
Farley
Washington
Roosevelt
Democratic National Committee
White House
Ups And Downs Of Exchanges Threaten Recovery Program
President Roosevelt watches the ups and downs of the security and commodity exchanges as part of his recovery plan. Supporters say he will act if prices threaten the program, while no clear signal on his view emerges. Senator Thomas warned of rules limiting daily depreciation and possible government supervision.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Thomas
Oklahoma
New York
Chicago
The
Oklahoman
Thomas Long
Waynick Named State Reemployment Director in North Carolina
Waynick of High Point was named director of re employment in North Carolina by the Labor Department. He joins directors in other states to guide hiring for highways and public works funded by the national Industrial Recovery Act.
MENTIONED IN THIS ARTICLE
Washington
Capus M. Waynick
High Point
North Carolina
Labor Department
Waynick
U. S. Employment Service
Ickes
National
I guess Dempsey and Balbo in California notes
A garbled July Beverly Hills dispatch notes Dempsey and Balbo in a cheerful context. It mentions plates, bourbon and corn, Oklahoma on fire, and California seeing high sales tax figures amid unclear references to races and appearances.
MENTIONED IN THIS ARTICLE
Beverly Hilia
Cal
Dempsey
Balbo
Alabama
Arkansaw
California
North Carolina Press Association Meets In Chapel Hill
The NC Press association convened with speeches by John A. Park retiring president and Senator Capus Waynick urging editorial backing for the new state constitution, to be voted on in 1934. Representative Lindsay Warrie opened the convention with remarks praising the press.
MENTIONED IN THIS ARTICLE
John A. Park
Senator Waynick
N. C. Press
Mantec
North Carolina Press Association
Raleigh
Roosevelt
Capus Waynick
High Point
North Carolina
Lindsay Warrie
Waynick
High Point Enterprise
Cotton crop value tops eighteen million in North Carolina
North Carolina produced 640000 bales of cotton last year valued at 18880000 dollars. The figure reflects total farm receipts and indicates the crop's importance to the state’s agriculture and economy.
MENTIONED IN THIS ARTICLE
North Carolina
Post crosses Nome on round the world flight
Wileys Post, flying from Khabarovsk, passed Nome Alaska at 7 30 a m Nome time after about 16 1 2 hours in the air. He planned to land at Fairbanks 500 miles east for refueling before continuing to Edmonton. The flight faced rain fog and low clouds as he neared Alaska.
MENTIONED IN THIS ARTICLE
Seattle
Wash
Wileys Post
Oklahoma
Nome
Alaska
U.S. Army Signal Corps
Signal Corps
Post
Fairbanks
Edmonton
Alberta
Khabarovsk
Siberia
Harold Gatty
Solomon Beach
Wiley Post Leads Transpolar Flight Toward North America
American aviator Wiley Post departed from Khabarovsk to cross Siberia toward Alaska with a 15 hour 46 minute lead over the 1931 Gatty record. He refueled at Khabarovsk then continued despite thunderstorm warnings, reaching Rukhlovo 700 miles away and refueling again in two hours 13 minutes. Post aims to better the 1931 pace set with Harold Gatty over the same route.
MENTIONED IN THIS ARTICLE
Stanley P. Richardson
Moscow
Wiley Post
American Globe
Khabarovsk
Siberia
North American
Harold Gatty
Alaska
Rukhlovo
Winnie Mae
Gatty
New York
Post
Tennessee Vote Shows Repeal Mystery Across States
Repeal advocates claim Tennessee will vote to repeal the Prohibition amendment by about a two to one margin. Postmaster General Farley announced the President supports repeal as Tennessee becomes the third southern state to vote this week.
MENTIONED IN THIS ARTICLE
Tennessee
Abama
Arkansas
Tennessee Referendum Voting Begins Amid Mixed Weather
In Tennessee the Eighteenth Amendment referendum opened with light turnout in some areas and heavier rain in others. Eastern sections including Knoxville reported rain while central regions saw clearer skies and polls opened at 9 30 a m local time.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Tennessee
Knoxville
Middle Tennessee
Also Mentioned on This Page
Battleboro Bank
M. G
Winston
Municipal League
North Carolm
Oregon
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