Stocks Rise As Grain Falls In July Rally
Stocks moved higher in New York led by public utilities reaching new highs while grain prices declined. The gains spread across active issues with several utilities like Detroit Edison and Pacific Lighting hitting new highs. Call money held at 7 percent and time money firmed at 5 to 5 1/2 percent as merger rumors fueled buying.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Detroit Edison
Pacific Lighting
Louisville Gas & Electric
Electric Power & Light
Columbia Gas
Consolidated Gas
Western Union
Radio
International Telephone
Market Rally Driven by Short Covering Amid Mixed News
News from Chrysler and Goodyear reports and copper demand fail to explain a surge in speculative sentiment. Heavy short covering spurred by bears’ failure to crack large long positions boosted rail shares, motors, and major names like Jersey Central, Pennsylvania, Erie, Atchison, Missouri Pacific, Du Pont, and General Motors amid higher quotes.
MENTIONED IN THIS ARTICLE
Chrysler Corporation
Goodyear Rubber Company
New York Central
Union Pacific
Baltimore & Ohio
Jersey Central
Pennsylvania
Erie
Atchison
Missouri Pacific
Southern Pacific
Lackawanna
Motors
Auburn
Chrysler
Packard
Nash
General Motors
Dupont
American Bosch
Wheat Market Dips As Drought Warnings Weigh On Trade
Chicago reports a modest rally in late wheat dealings with prices slipping 1.5 to 2 cents from earlier levels. An authoritative forecast of 215 million bushels in Canadian prairie yields sparks attention amid profit taking and lack of fresh export demand. Corn and oats soften slightly while livestock futures show mixed shifts. overall tone remains cautious in a thin trading day.
MENTIONED IN THIS ARTICLE
Chicago
Canadian
Prairie Provinces
Canada
New Orleans Cotton Opens Easier in Early Trading
The New Orleans cotton market opened easier following lower Liverpool cables with October at 18.85 and December 19.02, down 12 to 15 points from yesterday. After mixed moves, late session prices eased to 18.70 for October and 18.90 for December, closing barely steady with a net decline of 24 to 27 points.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Yeserday
New York
Cotton Spot Prices and Futures in Liverpool Market
In Liverpool on July 23 prices for American cotton slipped across grades with sales at 3,000 bales, including 2,400 American. Receipts reached 15,000 bales, 7,600 American. Futures closed barely steady with July at 10.16 and later months near 10.05 to 10.11.
MENTIONED IN THIS ARTICLE
Liverpool
Prince of Wales brews new extra strong ale at Burton
The Prince of Wales, at Burton-on-Trent, began brewing a new extra strong ale called the Prince's brew to be given away. He sampled a royal brew from his grandfather Edward VII, and tasted four other brews before starting his own batch.
MENTIONED IN THIS ARTICLE
Burton-On-Trent
England
Prince of Wales
Edward VII
Burton
Europe Sweats as Heat Wave Grips Continent
Europe endures a continent wide heat wave from Moscow to Rome with no relief in sight. Britain reports cooler temperatures but drought prompts official concern across England and eastern Europe.
MENTIONED IN THIS ARTICLE
London
Europe
Moscow
Rome
Balkans
British Isles
Great Britain
England
Continent
Sugar Prices Slip on Increased Duty Free Offerings
Raw sugar eased in New York early as duty free supplies rose and quotes fell 1 16 to 4.02 for spots duty paid. Refined sugars saw all local refiners ready to take on business at 5.25 with a potential rise to 5.40 by the close.
MENTIONED IN THIS ARTICLE
New York
What’s the Use Chicago Radio Follower
A 15 year old girl Stella Stepin left her home in Specialville seeking freedom. A portable radio lured her back at a railroad station when police warned to be on the lookout. She returned home claiming the radio follows everywhere.
MENTIONED IN THIS ARTICLE
Chicago
Stella Stepin
Stella
Specialville
Cotton futures open lower on liquidation and favorable weather
Cotton opened steady then declined 7 to 20 points as liquidation and realizing pressured prices. About 50 July notices traded and slid to 18.42, down 20 points. later months fell 7 to 13 points. Market steadied briefly on Liverpool activity and covering, but selling kept losses. End of first half hour shows net drops of 9 to 13 points with gains and losses by month futures listed.
MENTIONED IN THIS ARTICLE
New York
Liverpool
P. C
Peace Pact Ceremony Broadcast From White House
The Kellogg peace pact signing ceremonies in the East Room of the White House will be broadcast tomorrow afternoon. NBC and CBS will air the event, starting at 1 o clock EST, with President Hoover delivering an address. The program is expected to last just over an hour and will use coast to coast networks.
MENTIONED IN THIS ARTICLE
New York
White House
Washington
National Broadcasting Company
Columbia Broadcasting Company
Hoover
Billion Dollar City Plane Near Halfway Record Flight
In Houston on July 23 Glenn L Loomis and Joe Glass continued their endurance flight in the monoplane Billion Dollar City aiming to beat the 246 hours 43 minutes 32 seconds record. They reached 133 hours in the air at 2 49 54 a m.
MENTIONED IN THIS ARTICLE
Houston
Texas
Glenn L. Loomis
Joe Glass
City
Leichtenstein Ruler Secretly Marries
Vienna dispatch reports 75 year old Prince Franz of Liechtenstein wed secretly to Elsa Von Broes nee Barones Cuttmann yesterday evening in a quiet ceremony.
MENTIONED IN THIS ARTICLE
London
Vienna
London Daily Mail Today
Franz Paula Maria Karl August
Principality of
Leichstenstein
Frau Elsa von Broes
Cuttmann
British steamer Vimeira hits iceberg near Grand Banks
Washington reports the British steamer Vimeira, from Glasgow, struck an iceberg off the Grand Banks east of Newfoundland. No one was hurt, though steering gear was disabled and other damage occurred. It is the first collision between a steamship and an iceberg in the Atlantic shipping lanes in 15 years since the Ice Patrol was organized.
MENTIONED IN THIS ARTICLE
Washington
Atlantic
Coast Guard
Modoc
International Ice Patrol
Vimeira
Glasgow
Grand Banks
Newfoundland
Speedboats crash on Lake Michigan near Navy Pier
Two speedboats collided head on in Lake Michigan near Navy Pier. One man drown and another is missing. 18 others were rescued or swam ashore. The drowned victim is Leo Suesskind of Yonkers, N Y. David Cohen of Chicago is missing as crews drag the lake for his body. Joyce Hawley aided in the rescue.
MENTIONED IN THIS ARTICLE
Chicago
Lake Michigan
Navy Pier
Leo Suesskind
Yonkers
N. Y
David Cohen
Joyce Hawley
Earl Carroll
Largest Liquor Haul on Detroit River Seized
Detroit customs border patrol inspectors report the largest liquor seizure on the Detroit river. They captured twelve boats carrying 500 to 800 cases of whiskey near the Ecorse shore at 1 a.m. Four inspectors in two patrol boats stopped the flotilla near Slab Island. Five men in charge were arrested while others fled into the river.
MENTIONED IN THIS ARTICLE
Detroit
Detroit River
Customs Border Patrol
Ecorse
Slab Island
Largest Transformers Require Special Cars
Roseland New Jersey July 23 The Erie railroad is preparing a special shipment from Sharon Pennsylvania four 35 foot high transformers announced by Westinghouse as the largest in the world testing at over 500000 volts each Each transformer needs three tank cars of oil for insulation around its coils
MENTIONED IN THIS ARTICLE
Roseland
N. J
Erie
Sharon
Westinghouse Electric and Manufacturing Company
Notice of Sale High Point North Carolina Bond Offer
City of High Point announces sealed bids for 828000 Bond Anticipation Loan Notes dated July 1 1929 maturing July 1 1932. Notes include 328000 at 6 percent and remainder at 5 3 4 percent. Bid must cover all notes with two percent deposit. Chemical National Bank NY payable to city..dated July 19 1929 Ed L Ragan City Secretary.
MENTIONED IN THIS ARTICLE
High Point
North Carolina
Chemical National Bank
New York
Messrs Reed, Hoyt & Washburn
ED L. Ragan
Patterson to Participate in Labor Discussions
Governor John G. Richards said Dowell E. Patterson, head of the state federation of labor, will be invited to join talks with national labor leaders when feasible. The move follows Patterson's claim that Richards is not unfriendly to organized labor and comes amid a telegraphic dispute with United Textile Workers president Thomas F. McMahon over deportations at Ware Shoals.
MENTIONED IN THIS ARTICLE
Columbia
John G. Richards
Dowell EF. Patterson
State Federation of Labor
Patterson
Thomas F. McMahon
United Textile Workers of America
McMahon
Ware Shoals
Richards
Ball Game Ends in Fatal Shootout Near Forkville
In Greenville Delaware Territory July 28 AP one spectator died and a second was wounded in a ball game near Forkville 22 miles south of Greenville A gun duel erupted after a batting rally Will Gaines died William Arnold is jailed charged with shooting him Wister Williams catcher was wounded eye witnesses say Williams grabbed a shotgun and fired back causing the fatality and further injuries
MENTIONED IN THIS ARTICLE
Greenville
D. C
Zgre
Forkville
Here
Will Gaines
William Arnold
Wister Williams
Arnold
Williams
Gaines
Lavarre sues paper group for 2.9 million dollars
In Columbia on July 23 AP reports publisher William Lavarre files in Richland circuit court a 2.5 million dollar suit against International Paper and International Paper and Power. He claims the companies promised to lend funds to buy newspapers in the southeast but conspired to break the agreement and seize control of four papers.
MENTIONED IN THIS ARTICLE
Columbia
S. C
Richland Circuit
William l Lavarre
Columbia Record
Augusta, Ga
Chronicle
Spartanburg Herald
The
Journal
International Paper Company
International Paper and Power Company
Richland County
Lavarre
Fascist Secretary Injured in Italian Auto Crash
Piero Parini secretary of the fascist party abroad was hurt in an automobile accident near Como while returning from an inspection tour of Italian emigrant children summer camps. A telegraph pole was struck in the crash.
MENTIONED IN THIS ARTICLE
Milan
Italy
Piero Parini
Fascist Party
Como
Graf Zeppelin to Stop in Los Angeles on World Cruise
Berlin report says Hamburg American line selects Los Angeles as western port for Graf Zeppelin flight this autumn instead of San Diego. Sixteen paying passengers are listed for the next American flight set for early August.
MENTIONED IN THIS ARTICLE
Graf Zeppelin
Los Angeles
Berlin
Hamburg-American Tourist Agency
San Diego
O Briens Bridge Harnesses Shannon Power
In the Irish Free State the Shannon river was harnessed to provide heat light and power. President Cosegrave pressed a button to start the new system as the nation begins to benefit from the stream.
MENTIONED IN THIS ARTICLE
O’brien
Irish Free State
Shannon
Cosegrave
Cardinals Name McKechnie Back as Manager. Southworth to Rochester
St. Louis July 23 President Sam Breadon announced that effective tomorrow William McKechnie, currently managing Rochester in the International League, will again manage the St. Louis Cardinals. Billy Southworth will return to Rochester to manage there.
MENTIONED IN THIS ARTICLE
ST. Louis
Sam Breadon
St Louis Cardinals
Willaim MecKechnie
Rochester
Cardinals
Billy Southworth
Astyptodyne Endorsed By Sailor for Athletic Use
A sea captain and Navy supporter, Thomas J. Sharkey of New York endorses Astyptodyne as the best athlete preparation, noting it cures stiffness soreness and lameness and speeds recovery for ring readiness. He signs the endorsement with his name and address.
MENTIONED IN THIS ARTICLE
Uncle Sam
Thomas J. Sharkey
Also Mentioned on This Page
Stanback
Orpheum
Ednesday
Johnny
Hines
Wright
Riley
Cieen
Canoe
CIRO
Davidson Chemoc Ascees
Hudson Motors
Aeues
TAO
Nickel
Liggett
Mobo
K & Ngs
Lorillard Ee
Ee Mo Fog
Monte Ward
Sessmere
NYN
H&s
Norfolk
Norfolk & West
Packard iv
Pan Am
Weraeeseeue
Phillip Morris
PullMae
Reynolds
Ms Schulte
Sears Roebuck
Sdusca
Studebaker
Ween Vick Chem
P.C. Janson
A. W
Broadway
Sue Carol and
Barry Horton Lupino Lane
McAvoy
Carr
Broadhurst
George Bancroft
Thunderbolt
Fay Wray and
Richard Arlen
Movietone News
Davey Lee
Sunny B
RITZ
Laura la Plante
Chichesters
Gollide
City of
W. E. Linthicum & Son
Boulevard St
Lavarre Suing Paper Company
Ealen
U. S
Nicaragua
Sharkey
Astyptodyne
East 14Th Street
New York City
Carolina
Mats Mon
Shelton-Amos
Tropics
A&p
India
Ceylon
Jug
Ott
Atlantic & Pacific
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