Price advance in stocks disregards tightening credit
Stocks rose briskly in trading led by utilities copper farm implements and merchandisers. American Smelting surpassed 200 to 230, Anaconda gained on Durant stake while Chrysler Dodge and Hupp Hudson advanced on merger and production news. International Telephone Victor Radio moved on merger rumors. Midland Steel and Paramount jumped as rails mostly steady. total volume about 1.8 million shares.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Anaconda
William C. Durant
Chrysler
Dodge Brothers Motors
Hupp and
Hudson
General Motors
International Telephone
Victor Talking Machine
Radio 4
Radio
Victor
Western Union
Midland Steel Products
Paramount Famous Players
Advance
Allied Chemical
New York Central
Atlantic Coast Line
Harris told committee of paying others' costs for Kansas City trip
Harris testified that he agreed to cover expenses for delegates to Kansas City after receiving a call from John White of the First National Bank. He said Mrs. Overman of Daytona could not pay her expenses and he offered to pay them.
Olvany to testify on Tammany funds in Smith campaign
New York reports that George W. Olvany Tammany Hall leader offered to appear before a senate sub committee probing presidential campaign funds and governor Alfred E. Smith’s war chest. He returned from a fishing trip to answer questions while other witnesses cited large contributions and party influence.
MENTIONED IN THIS ARTICLE
New York
George W. Olvany
Tammany Hall
Senate
Alfred E. Smith
Olvany
Heflin
Tammany Organization
New Mexico
Hoover
Gov- Smith
Lowden
Smith
Gordon van Namee
New York Smith Organization
Raleigh
N. C
Mr. Battle
J. J. Hoey
Desperate fugitive robs motorist near Durham then flees toward Chapel Hill
Robert Florence, a Black man with a pistol he seized from a guard at a convict camp, held up Raymond Lee as he parked his car and forced him to drive out of Durham. Florence then forced Lee to abandon the car about five miles from the city and fled toward Chapel Hill. Police call Florence dangerous and note he previously was sentenced to the chain gang for highway robbery.
MENTIONED IN THIS ARTICLE
Durham
Robert Florence
Raymond Lee
Lee
Florence
Chapel Hill
Whitney’s Stock Advice Forecasts Market Rally and Highs
Whitney’s letter from New York dated June 2 predicts higher stock prices over the weekend. He urges holding or buying names like Hupp Motors Anaconda Missouri Pacific Texas Pacific and Standard Milling while cautioning against selling Radio and Cast Pipe as earnings reveal truth.
MENTIONED IN THIS ARTICLE
New York
P.c
Hupp Motors
Anaconda
Missouri Pacific
Texas Pacific
Standard
Atlantic Gulf and West Indies
Whitney
Stock market notes on telecoms and banks in early 20th century
Intl Tel and Tel Co negotiates to acquire RCA radio system to build radio telegraph and telephone networks on the west coast. San Francisco Federal Bank raises rediscount rate to 4.0 percent. Elec Power and Light earnings show 2.09 per common share versus 1.72 prior year. Bradstreet notes spottiness in leading industries and uneven conditions in textile outputs amid tight mill activity. Duns reviews highlight anomalies and seasonal effects in reports.
MENTIONED IN THIS ARTICLE
Intl. Tel
Tel. Co
Communications System
Radio Corporation of America
Radio Telegraph
San Francisco Federal Bank
P. c
P.c
Duns
Cotton Letter Misses Big Moves in Texas Markets
Rains at Abilene and Ft Worth with forecasts of thunderstorms across cotton states except Oklahoma and Arkansas. Worth Street reports moderate business. a half million yards of print cloths ordered. Fall River sales estimated at five thousand pieces. In New York irregularity expected in today market with little overall change in transactions.
MENTIONED IN THIS ARTICLE
New York
Abilene
Ft. Worth
Macon
Raleigh
Oklahoma
Arkansas
Worth Street
Fall River
Clevenburg
Motors stocks rally as Chrysler eyes second GM expansion
In New York on June 2 E F Hutton and Co. notes motor stocks outperform trading. Dodge deal signals Chrysler aims to build a larger auto group and White would provide heavy truck capacity. Hornblower and Weeks sees market headed higher while J S Bache and Co. cites money as dominant factor despite daily stock advances.
MENTIONED IN THIS ARTICLE
New York
E. F. Hutton and Co
Dodge
Chrysler
General Motors
White
Hornblower
J. S. Bache and Co
Chicago Potato Market Report Delivers Mixed Signals
Chicago potatoes report slows as new stock trading shows weakness. Alabama Louisiana Texas sacks Bliss Triumphs bought at 2.00 to 2.15 per unit while Old stock holds steady. Wisconsin Minnesota and Idaho sacks vary 0.95 to 2.15 with round whites and Russets under pressure.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Alabama
Louisiana
Texas
Bliss
Wisconsin
Minnesota
Idaho
New Orleans Cotton Market Slips After Rain Rally
New Orleans June 2. After advancing 16 to 19 points on rains the cotton market turned easy in late grading as traders priced in a weekend ahead. Selling due to forecast fair warmer weather in west Texas and Oklahoma reduced gains, closing steady with a small net advance of 5 to 8 points.
MENTIONED IN THIS ARTICLE
New Orleans
Texas
Oklahoma
Grain market outlook in Chicago boosts bullish sentiment
Wheat traders near close noted heavy accumulation on the breaks and a possible rally as September prices remained low. Local buyers, previously bullish and cashing out, showed confidence in further gains barring substantial rains in the American and Canadian northwest. Corn traders observed a stretched market with short interest and light country offerings amid dry weather reports.
MENTIONED IN THIS ARTICLE
Chicago
Tribune
New York Cotton Market Ends Mixed on Weather Outlook
The New York cotton market opened with an early advance on wary weather news, but quiet trading left prices 10 to 12 points below week end realizing after an initial 15 to 17 point rise. The close was barely steady with net gains of 3 to 8 points.
MENTIONED IN THIS ARTICLE
New York
New York Silver and Mexican Dollar Prices Listed
Market brief notes New York silver bars priced at 60 1 4 per ounce and Mexican dollars at 46 3 8 per coin, reflecting bullion values and regional pricing cues.
MENTIONED IN THIS ARTICLE
New York
Cottonseed Oil Prices Steady Across Months
Cottonseed oil closes steady with futures for prime summer yellow at 1025 and prime crude near 875. Monthly values shown include January 1051, June 1025, July 1026, August 1043, September 1051, October 1060, November 1050, and December 1052 with sales totaling 5,800 contracts.
MENTIONED IN THIS ARTICLE
New York
Grain Opinions Hint at Wheat Rice Outlook
Stein Alstrin suggests wheat is recovering from a low and may rise in price. The outlook favors coarse grains when dips occur, reflecting cautious optimism on grain markets.
Market Notes From The Trade Desk
Hubbard Bros report the market fully liquidated and responsive to buying. F. B. Keech and Co foresee no extended price gains unless weather deteriorates soon. Wade Bros advise no sell interest and suggest buying on price setbacks.
MENTIONED IN THIS ARTICLE
Hubbard Bros
F. B. Keech and Co
Wade Bros
New York Dairy Prices Steady for Butter Cheese
New York dairy market report shows butter steady with receipts of 9 581 pounds while eggs are irregular with 32 576 cases, and cheese holds steady on the day of trading.
MENTIONED IN THIS ARTICLE
NEW York Dairy
New York
Quiet trading in all cotton goods
New York June 2. Cotton goods buying has been very quiet for the past week or ten days and prices have ruled easier on gray cloths and on some wash fabrics held by converters for summer distribution. Production curtailed on a large scale due to strikes in New Bedford mills.
MENTIONED IN THIS ARTICLE
New York
New Bedford Mills
Cotton futures close in New York on June two
Cotton futures in New York end with varied results across months as prices moved within narrow ranges. Highlights include Jan opening at 2055 and closing at 2050, Mar from 2052 to 2042, Jul from 2068 to 2055, Oct from 2080 to 2055, and Dec finishing at 2056.
MENTIONED IN THIS ARTICLE
N, YY
Cotton Futures
New York
P. C
Cotton futures close steady with small advance in New Orleans
New Orleans reports cotton futures finishing the session steady with a net gain of five to eight points. Contracts for January through October show modest fluctuations amid the overall firm tone in the market.
Spot Cotton Quiet in New Orleans Futures Close
Spot cotton in New Orleans on June 2 closed steady with a 7 point gain as sales reached 740. Prices showed low middling at 1984, middling 2059, good middling 2099 while receipts stood at 1,528 and total stocks at 301,870.
MENTIONED IN THIS ARTICLE
New Orleans
Cottonseed Oil Prices Steady With Narrow Range
In New Orleans on June 2 the market closed steady for cottonseed oil. Prime summer yellow traded around 970 with prime crude at 850. Futures ranged from 875 to 1005 across several months, with January at 1005 and later months near 975 to 1005.
U S Government Bonds Closing Prices in New York
In New York on June 2 the U S government bond market finished with Liberty 3 1 28 at 100.10 Liberty 41 4s at 101.22 Liberty 3rd 41 4s at 100.20 Liberty 4th 41 46 at 102.1 Treasury 41 48 at 113.27 Treasury 4s at 108.27.
MENTIONED IN THIS ARTICLE
U. S. Bonds
New York
U. S
Liberty
Liberty First
Liberty Third
Liberty Fourth
Treasury
GM Stock Surges Late Trading Pushes Price Above 200
Wall Street records a sensational GM rally with the stock jumping over six points to exceed 200 in late trading. The rapid advance outpaced earlier quotes as the day closed strong for General Motors.
MENTIONED IN THIS ARTICLE
Wall Street
General Motors
Weather: Showers across eastern central belts. heavy rains in Decatur Nashville Chattanooga
Memphis June 2 report notes showery weather scattered eastern and central belts with heavy rains in Decatur Nashville and Chattanooga and very heavy rain in New Orleans nearly two inches. Fort Worth sees heavy rains both East and West Texas while Oklahoma Arkansas Missouri report light rain. Forecast for the belt calls for mostly cloudy skies and thunder showers. No quotation from Liverpool Stanley.
MENTIONED IN THIS ARTICLE
Memphis
Decatur
Nashville
Chattanooga
New Orleans
Fort Worth
Texas
Okla
Ark
Liverpool
Stanley
Weather report across southern cities shows varied conditions
The Dallas Fort Worth and Houston regions report clear hot weather while Alabama Mississippi and Louisiana areas note clouds showers and rain overnight. Huntsville Birmingham Tuscaloosa and Mobile show a mix of rain showers and warm quiet periods. Arkansas Louisiana and Georgia areas record cloudy conditions with rain and part cloudy skies.
MENTIONED IN THIS ARTICLE
Dallas
Ft. Worth
Houston
Alt
Huntsville
Birmingham
Tuscaloosa
Thomasville
Opp
Montgomery
Mobile
Ark
Little Rock
Pine Bluff
Columbus
Atlanta
Newnan
Alexandria
Shreveport
Lake Charles
Miss
Meridian
Fencing Champ Praises Sport as Health Aid
Mrs. Charles H. Hopper, champion American fencer and Olympic hopeful, says exercise keeps the body and mind clean. She calls fencing ideal for balance, beauty, health, and grace, noting its courtesy and form. She compares fencing to tennis and chess for exertion and wit.
MENTIONED IN THIS ARTICLE
Charles H. Hopper
America
Market close tape shows high day quotations after hours
Final quotations ran near the day’s high after the market closed, with traders noting tape concentrated on late activity.
Naturalist proves bird migration by tagged Swedish geese
Stockholm June 2. Swedish naturalist Bengt Berg shows that migratory birds return accurately to their origin. He tagged 13 Swedish gray geese raised at his Vaernannes farm. nine returned, while others were found in France, Germany, or captured by workers, confirming precise homing.
MENTIONED IN THIS ARTICLE
Stockholm
Bengt Berg
Berg
Sweden
France
Spain
Vaernannes
Smaaland
Germany
Salem College to Open Commencement With Baccalaureate Sermon
The 14th annual commencement at Salem College will begin with a baccalaureate sermon by Rev. Dr. William A. Lambeth of Washington DC tomorrow. The senior class comprises 45 young women from several southern states.
MENTIONED IN THIS ARTICLE
Lambeth
Winston-Salem
Salem College
William A. Lambeth
Vernon Place Methodist Episcopal Church
Washington, D. C
Silk-spinning spiders kept for science in Tatsfield
A woman near Westerham in Tatsfield maintains a colony of spiders that produce silk used for scientific instruments.
MENTIONED IN THIS ARTICLE
Tatsfield
Westerham
Stock price table shows widespread gains and declines
Historical market snapshot lists multiple companies with percentage changes across four columns. Notable entries include Adams Millis Amn Can Bias Rubber Goodyear, Chrysler and Dodge Motors, Goodyear Rubber, Nash Motors, Montgy Ward, Natl Power and Light, and Great Northern, reflecting varied movements in a broad market session.
MENTIONED IN THIS ARTICLE
Adams Millis
Amn
Cease
Rctmicmune
Amn Tel and
Agen Tod DB Ccsies
Balto Ohio Weer Eov
Beth Steel
Chrysler
Dodge Motors
Swe
Elec Power
Li We.e
iRom YeCast
Cs Weesens
Famous Players
Freeport Texan
Miss Cca
Goodyear Rubber
Hudson Motors
Bue
Cess Een
Ett Nickeluss
Awecse
N J
Coon Com Caries
Ligett Meyers 1
Jeseses
Pac Ry
New York street cleaners graft trial cites millions in theft
Witness William J. Lougheed testifies in the Bronx division case against Charles A. McGee and William J. Oswald over street cleaning graft. He places city payroll padding losses at 7000000 dollars over 13 years and hints graft reaching high city officials, including commissioner Alfred A. Taylor who denies the charges.
MENTIONED IN THIS ARTICLE
New York
William J. Lougheed
Charles A. McGee
William J. Oswald
Bronx
Lougheed
Alfred A. Taylor
Taylor
Welshman Found America, Gwynedd Preceded Columbus
Megan Lloyd George cites Owen Gwynedd of Anglesey as discovering America 300 years before Columbus. She notes his voyage ended in failed fortune and that chronicles omit details. Goronwy Owen later left verses read as immortality for Wales as he died in America.
MENTIONED IN THIS ARTICLE
Carnarvon
Wales
Columbus
America
Lief Ericson
Megan Lloyd George
Anglesey Society
Owen Gwynedd
Anglesey
Goronwy Owen
Foreign Garrisons Prepare for Chinese Clash in Peking
A Peking dispatch reported foreign garrisons and legations preparing for emergencies as North China’s capital faced evacuation by Marshal Chang Tso Lin. Martial law was proclaimed and streets were patrolled by police and gendarmes as news of the crisis spread.
MENTIONED IN THIS ARTICLE
Tokyo
Peking
Renga
China
Chang Tso-Lin
Chang’s Power Sapped as Japanese Question Chang’s Move
The Japanese war office weighs Chang’s status after years as bandit and warlord. They believe his grip on power has weakened and expect him to head toward Mukden soon. Nationalist forces are not viewed as likely to chase him into Manchuria.
MENTIONED IN THIS ARTICLE
Chang
China
Mukden
War Office
Peking
Manchuria
High Point divorce action notices pregnancy grounds
Julius S Hammett sues Sallie Hammett in High Point Municipal Court for absolute divorce grounded on pregnancy at marriage. Sallie Hammett must appear June 25, 1928 to answer or demur. Clerk R M Caudle, attorney J A Myatt.
MENTIONED IN THIS ARTICLE
City of
High Point
Municipal Court
City of High Point
R. M. Caudle
J. A. Myatt
Notice of Sale of Land in Guilford County North Carolina
Mortgagee T W Albertson offers sale of a 7500 square foot lot in High Point Township Guilford County to settle defaulted debt on a 1926 Truitt deed. Property fronts Everett Stouts and Bettie Corbitts lines with a three room dwelling between a new high school and the country club. Sale set for 12 noon June 21 1928 on the premises.
MENTIONED IN THIS ARTICLE
F. S. Truitt
Bessie Truitt
Register of Deeds
Guilford County
North Carolina
High Point Township
Bettie Corbitt
June English
Sallie Stout
Everett Stout
Stout
Country Club
T. W. Albertson
Notice of Trustee's Sale in High Point North Carolina
A. P. Grice as Trustee under a 1927 deed of trust records a sale by auction for cash on June 28, 1928 at 12:00 noon. The property lies on English Street in High Point with described boundary lines and buildings, following a resignation by Citizens Bank of Norfolk and transfer of trusteeship.
MENTIONED IN THIS ARTICLE
Ernest P. Loflin
Mamie Loflin
Citizens’ Bank of
Norfolk
Virginia
A. P. Grice
Office of the Register of Deeds
Guilford County
North Carolina
Citizens’’ Bank of
Register of Deeds
High Point
English Street
Burton Street
J. A. Myatt
Boulevard Ave
Lindsay Street
Elmer D. Hedrick
Octavia Hedrick
Citizens’ Bank of Norfolk
Boulevard Avenue
S&s
Notice of Sale of Land By Deed of Trust
Notice of sale of land under a deed of trust executed by H George Hedrick and Norah Hedrick dated August 1 1927 in Book 585 page 70 at record Carolina. Default on note. Citizens Bank of Norfolk Virginia appears as beneficiary. Sale proceeds to satisfy the debt and costs under terms of the trust.
MENTIONED IN THIS ARTICLE
Citizens’ Bank of Norfolk
Virginia
Register of Deeds
Guilford County
North Carolina
Property description for P Grice on Boulevard Ave
Public notice dated June 28 1928 details a land description on the north side of Boulevard Ave at Lindsay Street with measurements 52.5 feet to stake lines and compass bearings. The deed begins at a point 12:30 PM and states the action occurred on May 24 1928.
Deed of Trust Involving Hedrick Pair On Boulevard Avenue
Elmer D Hedrick and wife Octavia Hedrick execute a deed of trust in Carolina. Describes a parcel on the north side of Boulevard Avenue 165 feet from Lindsay Street. Boundaries run N 5 0 E 130.87 feet to a stake then S 85 30 E 52.5 feet to a stake then S 5 0 W 15131 feet to a stake on Boulevard north line then W 52.5 feet back to the start.
Notice of Sale of High Point real estate and buildings
Public auction to sell three described tracts in High Point Township Guilford County North Carolina under a 1927 deed of trust for the benefit of various creditors. The trustee will offer each tract separately and then as a whole for cash at Greensboro courthouse door on Monday June 18 1928 at 2 PM.
MENTIONED IN THIS ARTICLE
High Point Machine Works, Inc
Credit Interchange & Adjustment Bureau, Inc
Court House
Greensboro
North Carolina
High Point Township
Guilford County
Hamilton
High Point Machine Works
Hamilton Street
Clay
Hamilton Streets
Hamilton and
Mallory Streets
Roberson, Haworth & Reese
Also Mentioned on This Page
Olvany Is
Yazoo City
Tenn
Chicago Grain
N. O. Cotton Futures
Dorothy Sielongoski
Toledo
Leona
Dorothy
Stella
Mrs. Hopper
Contl Motors
Packard Motors
Postum
Remington Rand Ie
R J Reynolds
ST P Ry
Sears Roebuck
Studebaker Motors Ee
Omee Ff
Bou Dairy Aces Cee Ete
Texas Corpn . Oe
Texas Gulf Oene “Ee Merve
Vivadou “Se Eee
See Wee
Victor Talk Mchee
Vick Chem
White Motors
Westa Elec See
Crucible Steel
Pierce Arrow
Kenecotte Copper
Sem
Otis Steel We Fe
Kresge
Reer
N Y Wo Elem
Te Simmons Coo Sa
Sinclair Oil
Julius S. Hammett
Sallie Hammett
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