Stocks Rise Amid Profit Taking Ahead of Midyear Credit Tightening
In New York on June 18, stock prices advanced further despite growing profit taking as midyear credit stringency loomed. Utilities led gains with American Water Works and General Electric up, while Allied Chemical and Commercial Solvents climbed about five points. Graham Paige and Electric Auto Lite rallied, Willys-Overland turnover surged, and railroad issues like New York & Harlem and Hocking Valley hit fresh highs amid broad buying.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
AP Financial
New York
Niagara Hudson Power Corporation
Buffalo, Niagara & Eastern
Northeastern Power
Mohawk Hudson Power
American Water Works
Consolidated Gas
Public Service of New Jersey
Standard Gas & Electric
General Electric
Westinghouse Electric
Canada
Allied Chemical
Graham Paige
Electric Auto Lite
Willys-Overland
New York & Harlem
Hocking Valley
Atchison, Wabash A
Baltimore & Ohio
Lehigh Valley
Montgomery-Ward
Sears Roebuck
Power Merger Between Utilities Nears Completion
New York June 18 The Associated Press reports the 600 million merger of Buffalo Niagara and Eastern Power Corporation Northeastern Power Corporation and Mohawk Hudson Corporation by J H Morgan and company and F L Carlisle and company is being concluded today.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Buffalo, Niagara and Eastern Power Corporation
Northeastern Power Corporation
Mohawk Hudson Corporation
J. H. Morgan and Company
F. Lt. Carlisle
Miller Heads Baptists Convention Leader
Alton J. Miller 39 of Boston was elected president of the Northern Baptist convention in Denver. The nominating committee’s report was ratified unanimously without discussion to lead the denomination for the coming year.
MENTIONED IN THIS ARTICLE
Miller
Baptists
Denver
Alton J. Miller
Boston
Mass
Northern Baptist Convention
Certificate of Dissolution for Southern Spring Manufacturing Co
North Carolina secretary of state certifies the dissolution of Southern Spring Manufacturing Company High Point Guilford with unanimous stockholder consent filed June 15 1929. J A Hartness signs official seal in Raleigh.
MENTIONED IN THIS ARTICLE
North Carolina
Department of State
Southern Spring Manufacturing Company, Incorporated
High Point
Guilford
State of North Carolina
EE. N. Phillips
I. J. A. Hartness
State of
Raleigh
A. D
J. A. Hartness
Republican stance denounces anti Smith tactics and calls for unity
A speaker denounces anti Smith tactics as religious prejudice and hypocrisy. He urges forceful protest and voices a demand to repudiate leadership until the party returns to foundational principles for the nation’s endurance. He highlights Hoover’s early pro enforcement stance and contrasts it with prior presidents.
MENTIONED IN THIS ARTICLE
Hoover
United States
Wilson
Harding
Calvin Coolidge
Resignation Accepted of Rev J L Fairley at Wilmington
The resignation of Rev. John L. Fairley pastor of St. Andrew's Presbyterian Church Wilmington has been accepted so he may become director of religious education for the Presbyterian church based in Richmond Virginia His resignation takes effect July 15 by the congregation's action
MENTIONED IN THIS ARTICLE
Wilmington
N. C
John L. Fairley
D. D
St. Andrew's Presbyterian Church
Presbyterian Church
Richmond
Fairley
Pharmacists Set Annual North Carolina Convention in Asheville
The North Carolina Pharmaceutical Association convenes in Asheville from Thursday through Saturday with John A. Goode addressing the meeting. W. W. Hore of Fayetteville, president, announces the event and J. G. Beard of Chapel Hill serves as secretary.
MENTIONED IN THIS ARTICLE
Asheville
North Carolina Pharmaceutical Association
Southeastern Drugegists Association
John A. Goode
W. W. Hore
Fayetteville
J. G. Beard
Chapel Hill
Strict Billboard Rules in France Reshape Signs
Billboards are tightly regulated in France with rules forcing signs to be painted on roofs and walls of farm buildings, altering how advertising appears in rural areas.
MENTIONED IN THIS ARTICLE
France
House Approves Senate Recess Proposal and Adjournment
The House approved a Senate recess from tomorrow to August 19 and set its own recess to September 23. The Senate must agree, as one chamber cannot adjourn for more than three days without the other’s consent.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Tige
Senatie
Congress
Tuesday House Meets at Noon and Senate Debates Rules
Tuesday House holds a noon session while the Senate considers an amendment to executive session rules and a finance sub committee continues hearings on the tariff bill.
MENTIONED IN THIS ARTICLE
House
Senate
Congress approves 151 million for federal farm board
Monday Congress passed a bill appropriating 151.5 million dollars for the federal farm board while Senate debates tariff measures. Senate adjourns to August 19 to await the tariff bill as finance subcommittees hear four schedules. Senator Brookhart seeks Rediscount power and Norris proposes export debenture relief as tariff amendment. Blease resolution accusing a Negro Illinois representative’s wife at the White House tea draws protests and is withdrawn.
MENTIONED IN THIS ARTICLE
Senate
Brookhart
Iowa
Federal Reserve Board
Norris
Nebraska
Illinois
White House
Cotton market opens steady with small losses in New York
The New York cotton market opens steady to lower on June 18 as Liverpool cables and favorable weather outlook dampen demand. July slips to 18.47 and December to 18.86 amid light trading and narrow fluctuations. Crop conditions show little change with a general improvement across the belt, while Indian demand remains weak for cloths and yarns.
MENTIONED IN THIS ARTICLE
New York
Liverpool
India
P. C
Chicago Livestock Prices Rise on Mixed Cattle and Hogs
U S Dept of Agr reports hog receipts 17 000 with prices 10.50 to 11.55 for 130 to 250 pounds and cattle receipts 7 900 with steers and yearlings selling 13.75 to 15.60. slaughter steers 14.25 to 16.75, heifers 15.00, cows 9.25 to 12.00.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
U. S. Dept of Agr
French Cabinet Approves Young Reparations Plan
Paris June 18 The cabinet unanimously approved the Young reparations plan. Steps will be taken for ratification in conjunction with other interested governments following a recent conference of experts.
MENTIONED IN THIS ARTICLE
Paris
President Hoover signs census and reapportionment bill
The census act creates decennial counting and automatic reapportionment for the House, preserving 435 members. An army of 100,000 census workers will begin in May 1930 to complete the count in two weeks in cities and one month in rural areas. The act also authorizes unemployment, agriculture, and irrigation censuses, with costs over 59 million dollars.
MENTIONED IN THIS ARTICLE
House of Representatives
Hoover
Senate Finance Committee
Senate
Congress
United States
Convict Labor Suits Highway Commission
Raleigh June 18. George Ross Poll announces a new detachment of twenty state prisoners placed with the state highway commission for road work. The first crew in Jones county began two weeks ago and the current unit will work in Johnston county. All prisoners are honor men. Superintendent Pou cites District Highway Engineer Snowden praising the Jones county work. Snowden to visit Raleigh tomorrow to report on prisoner labor.
MENTIONED IN THIS ARTICLE
Raleigh
George Ross Poll
State Highway Commission
Jones County
Johnston County
Pou
Walter Laroque
Priso Board
Snowden
Highway Commission
Motion Picture Theater Owners End Session Today
North Carolina motion picture theater owners wrap up their summer convention in Wrightsville Beach after two days of general discussions. Notable speakers included R F Woodhull of New York, Dr E A Hart of the state legislature, and Senator A F Sams of Winston-Salem addressing arbitration legality and theatre ownership views.
MENTIONED IN THIS ARTICLE
Wrightsville Beach
Motion Picture Theater Owners of
North Carolina
R. F. Woodhull
Motion Picture Theatre Owners of America of
New York
E. A. Hart
Wadesboro
A. F. Sams
Winston- Salem
Howell
Snow Falls Across Arizona High Country
Snow four inches deep blankets TRECKEE and Lake Tahoe regions after a day with light rain and temperatures near 34 degrees. Snow blanketed the landscape from dawn through dusk, delaying travel and covering roads and fields.
MENTIONED IN THIS ARTICLE
Arizona
Treckee, Ariz
Lak Tahoe
New Orleans Cotton Market Opens With Mixed Early Trade
New Orleans cotton futures opened higher on better Liverpool cables but profit taking emerged. July and October slipped while December 1869 eased several points from the session high. By the end of the first hour the market was quiet and prices near the day’s lows with a net decline of about 5 points.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
RBIS
Ces
French air minister to propose Legion of Honor for Assolant and Lefevre
Paris June 18. M. Laurent Egnac will urge President Doumergue to decorate Jean Assolant and Rene Lefevre pilots of the Yellow Bird, marking a shift in France’s stance on trans Atlantic attempts. The government had previously frowned on the Yellow Bird project and its two flyers.
MENTIONED IN THIS ARTICLE
Paris
M. Laurent Egnac
Doumergue
Jean Assolant
Rene Lefevrre
Yellow Bird
Assolant
Lefevre
Deputy Sheriff Held For Slaying In Newport Ark
Deputy Sheriff George Johnson is held in the state penitentiary after removal from two jails amid mob fears for the murder of Glenn Quay 22 in Newport Arkansas. Johnson says the fatal shot was accidental after Quay fled during intoxication arrest near the police station. He faces a preliminary hearing with his claim of an accidental discharge supported by Newport Chief of Police G C Martin.
MENTIONED IN THIS ARTICLE
Johnson
Batesville
G. C. Martin
Newport
Penitentiary
Quay
Martin
Cooperative Poultry Shipments Reach 312 Carloads This Season
Co operative poultry shipments total 5 414 014 pounds valued at 1 414 014 dollars across 80 counties and 93 000 farmers. This season is 32 percent higher than last year with no summer halt expected as prices stay firm and shipments continue. Farmers ship cooperatively with help from state market experts and county agents.
MENTIONED IN THIS ARTICLE
Raleigh
State Department of Agriculture
Department of Agriculture
Tate admits offer to join Hoover administration
F N Tate, a local manufacturer, said he was tentatively offered a position with the Hoover administration but declined because it would require moving to Washington and keep him away from his business. He did not specify the office offered but called the proposal a good one.
MENTIONED IN THIS ARTICLE
F. N. Tate
Hoover Administration
Washington
Mr. Tate
Canadian youth awaits electric chair for double murder
Earl Manchester a 19 year old Toronto native, living in Macon, admitted killing roommate James Parks for insurance money after being influenced by landlady Mrs. J. C. Powers. The 71 year old landlady faces trial as an accessory before the fact. Manchester's sentence is pending in Macon Georgia.
MENTIONED IN THIS ARTICLE
Macon
Earl Manchester
James Parks
J. C. Powers
Manchester
Parks
Toronto
Canada
Rochester
Mich
Juniors Hold Annual Meeting at Charleston
The National convention of the Merchants opened its annual meet ing in Charleston with representatives from across the United States. Officers will be nominated today and elected tomorrow. A featured event will be the boys band and girls glee club from Tiffin Ohio, orphan home of the organization. More than 75 children arrived yesterday on a special train with national officers and delegates from southern states.
MENTIONED IN THIS ARTICLE
Charleston
National Convention of the Mechant'’s
United States
Girls’ Glee Club
Tiffin
Ohio
Forest fires drop to low level in May in North Carolina
Raleigh June 18. Forest fires in May declined after April’s heavy losses. The forestry division reports 70 fires in May, 5 785 acres burned, estimated damage 6700 dollars, with 16 fires from discarded smoking materials and 14 from brush burnings. No fires in the northwestern region. most occurred in eastern North Carolina.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Forestry Division
Department of Conservation and Development
Carolina
Liverpool cotton market reports steady prices and strong sales
Cotton in fair demand with prices steady across grades. American middling fair 11.52, strict good middling 11.07, good middling 10.67, middling 10.27, low middling 9.72. Sales 7 000 bales, 5 800 American. Receipts 9 000 bales, 3 100 American. Futures quiet. July 9.97, Oct 9.92, Dec 9.93, Jan 9.93, Mar 9.97, May 9.99.
MENTIONED IN THIS ARTICLE
Liverpool
Jume
Game wardens to chase violators along Mississippi River
Minnesota wardens plan patrols along the Mississippi River in multiple game districts to enforce laws against violations. The effort focuses on catching offenders in ongoing poaching and fishing rule breaches near key beats.
MENTIONED IN THIS ARTICLE
Minnesota
Mississippi River
City of High Point Condemnation Notice for Highland Avenue
Guilford County North Carolina notices cite eminent domain action by the City of High Point to widen Highland Avenue. I C Gibson and R K Gibson are named landowners in the condemnation petition and assessment district. They must appear at Greensboro Superior Court on July 22, 1929 to answer demur or risk relief granted to the petitioner. This 145th day of June 1929.
MENTIONED IN THIS ARTICLE
Guilford County
North Carolina
Highland Avenue
High Point
City of
I. C. Gibson
R. K. Gibson
I. C
Also Mentioned on This Page
Reid
Csvive Atmour
Oscecu Atmogur
Ches
BUGAT
Chrysler
Coca Cola Krie
Uae
Consol Cig
Davidson
DuPont
Ooomms
Hlee Wieseaveeh
Outch
Advon
West Suessa Greene-Cannanea Hudson
Hupp
St. Hot
Nash Mtrs
Sess
Postum
Pullman New
Nicerole
Icad
Monty Ward
Reading
Reynolds B
Eaves Ds
Moses
St OF Nideva
Studebaker
Texas Corp
U S Rubber
Univ
Vick Chem
Anti-Smith
J. L. Fairley
Pharmacists OF State
Texas Flyers
Nea Fort Wort
Austin
Tex
Dan Moody
Reg Robbins
Jim Kelly
SY Associated Press
Federal Farm Board
North Dakota
Northwest
Alberta
Motion Picture
George Johnson
Little Rock
Service
N. B. C. Crackers
Vpufts, Tb
Certo Bottle
Dethol
Tau
A&p Pure Grape Juice Pt. Bottle
Gelfand’s
Kellogg's
DIC
LUX
Rolli
Atlantic
Pacific
Tate
Official Bureau Weather Report
Atlante
Atlantic City
Birmingham
Greensboro
Hatteras
Jacksonville
Los Angeles
Memphis
Meridian
Miami
Mobile
San Antonio
San Francisco
Tampa
Vicksburg A As
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