Federal bank board selects Atlanta for HO L C headquarters
The federal Home Loan Bank Board announced that headquarters of the Home Owners' Loan Corporation will be in Atlanta Georgia with branches in Macon and Savannah amid late June dispatches. The report notes regional activity across Georgia and adjacent states with golf and legal updates interleaved.
MENTIONED IN THIS ARTICLE
Washington
Federal Home Loan Bank Board
Home Owners’ Loan Corporation
Georgia
Atlanta
Macon
Savannah
Johnson Elevates Push to Bring Industry Codes
Washington dispatch reports Hugh S. Johnson says progress on voluntary codes by industry is faster than expected with two sectors cotton textiles and oil pipe submitting formal codes. A consumer board will advise alongside labor and industry panels as hearings begin on the textile code.
MENTIONED IN THIS ARTICLE
Washington
Hugh 8. Johnson
National Recovery Administration
Consumers’ Board
Johnson
Roosevelt
Labor Advisory Board
Perkins
60 Percent Rise in Commodities Sparks Roosevelts Goal
Washington reports American commodity prices outpacing the dollar decline and nearing Roosevelt’s prosperity target. With May data, six basic commodities cotton wet silver copper tin and rubber rose 60 percent since February, half due to global price gains and half to dollar depreciation plus domestic rise.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Federal Reserve Board
Dépa
Injunction Is Served Today On Talmadge
Atlanta reports Governor Talmadge ordered into federal court on June 30 to show cause why he should control the state highway department under martial law. A three judge panel will hear the injunction petition by ousted highway board members Barnett and Vereen, with Judge Underwood naming Sibley and Grubb.
MENTIONED IN THIS ARTICLE
Atlanta
Talmadge
State Highway Department
E. Arvin Underwood
Highway Board
Underwood
Samuel H. Sibley
Circuit Court of Appeals
William S. Grubb
Birmingham
J. W. Barnett
W. C. Vereen
Oen
Sidney C. Wooten
Fulton
General Camp
Wooten
Captain Barnett
George B. Hamilton
France proposes quota truce at World Economic Conference
Paris outlined a plan to halt new prohibitions and quotas while allowing existing quotas to stay in force indefinitely, excluding agricultural products. The move was presented during a sub-committee session on commercial policies as delegates noted price declines in farming goods. Prime Minister Ramsay MacDonald, presiding, said the conference would not adjourn, continuing into its third week with buoyant hope.
MENTIONED IN THIS ARTICLE
London
France
United
Ramsay MacDonald
Slaying Probe Pours Into Oskaloosa Police Search
In Oskaloosa Iowa Central Iowa peace officers hunt for a liquor runner linked to the death of Harry Eliott of Des Moines a federal prohibition agent shot in the face. A. A. Murphy of Spencer wounded in the head neck and shoulders expected to recover. Suspect Claude Ridout of Creston identified by Murphy after a chase ending near Oskaloosa. A second death followed when Ger Blackwood of Eddyville died in a hospital after county officers shot him during a still investigation.
MENTIONED IN THIS ARTICLE
Oskaloosa
Iowa
Harry El-iott
Des Moines
A. A. Murphy
Spencer
Federal Liquor Bureau
Murphy
Frank Hook
Claude Ridout
Creston
Elliott
Ger Blackwood
Eddyville
Obsolete Freight Cars Be Salvaged in Spencer
Spencer June 23. Preparations to salvage gear from 23 000 obsolete freight cars whose hulls will be burned after metal removal. Special tracks have been built in the yards here for salvaging cars too old for repairs.
MENTIONED IN THIS ARTICLE
Spencer
Yangtse Threatening To Inundate Chinese Cities
Shanghai dispatch reports the Yangtse River rising rapidly after heavy rains, flooding dikes and threatening major cities and farmland. Emergency measures are urged as similar floods to 1931 loom, while the Yellow river is also feared to shift course, risking a vast disaster in northern Henan and Shandong.
MENTIONED IN THIS ARTICLE
Morris J. Harris
Shanghai
China
Yangtse
North China
Yellow River
Honan
Kiangeu
Henan
Shantung
Prince of Wales Celebrates 39th Birthday in London
The Prince of Wales marks his 39th birthday with a quiet day at Fort Belvedere and a visit to York House to read greetings from around the world. He then went to Buckingham Palace to receive congratulations from his royal parents.
MENTIONED IN THIS ARTICLE
London
Prince of Wales
Fort Belvedere
York House
Buckingham Palace
Plant to reopen in Statesville after 18 months closed
Officials of the Piedmont Ve neer company say the Statesville plant will reopen in July after an 18 month closure. About 30 workers will be employed at the facility.
MENTIONED IN THIS ARTICLE
Statesville
Piedmont Veneer Company
Mitchell Likely 70 Regain Posts
Wall Street expects a comeback by Charles B. Mitchell former head of National City Bank acquitted of evading 850000 in income taxes. He visited the financial district amid shouts of congratulation while speculation grows over resuming his former role as head of the second largest bank. Mitchell remains heavily mortgaged with collateral from J P Morgan and Co and owes over 5.8 million to Morgan.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Charles B. Mitchell
National City Bank
Mitchell
Financial District
J. P. Morgan and Co
House of Morgan
George Z. Medalie
Ederal
Attr
The
Treasury
Dollar Change Turns Into Gold Haul for Miss Thornton
In Dunn on June 23 Miss Blanche Thornton sought change for a dollar at the First Citizens Bank and Trust Company. The teller gave back a parcel claiming to provide change, and Mrs Thornton discovered nearly $1,000 in assorted gold coins inside. The bank reportedly was glad to receive the coins.
Hood Says Reorganization Of Banks To Succeed
North Carolina bank commissioner Gur ney P Hood announced that the planned unification of Page Trust North Carolina Bank and Trust Company and Independence Trust Company will likely pass. Depositors and stockholders expressed general satisfaction with the plan though protests, if any, were below one third by deposits or stock, with banks now in liquidation after the national banking holiday. Depositors electors of the Page and North Carolina banks will meet next Wednesday in Raleigh.
MENTIONED IN THIS ARTICLE
Raleigh
Gurney P. Hood
State Bank
Page Trust Company
North Carolina Bank and Trust Company
Independence Trust Company
Hood
Page
North Carolina
Growing Support for International Arm Oversight
Norman H. Davis, U.S. envoy at large, returning from Geneva, signals rising demand for security pacts and international supervision of arms. On Bremen, he cites slow but clear progress toward a basis for discussion, aligning with a European push for real disarmament and peace measures.
MENTIONED IN THIS ARTICLE
Morris Watson
New York
Norman H. Davis
United
Davis
U States
Europe
P J Roosevelt
Davis Sa
Kidnapping Blamed on Floyd Alleged by Tulsa Couple
Mr and Mrs H D Myers of Tulsa told Muskogee police they were kidnapped last night between Tulsa and Claremore by four men one resembling outlaw Charles Pretty Boy Floyd. They released themselves on a detour near Warner Webbers Falls about 5 am during the car theft. Myers identified one man as Floyd another was called Dago. They likened the incident to the earlier kidnapping of Sheriff Killingsworth of Bolivar Missouri.
MENTIONED IN THIS ARTICLE
Muskogee
Okla
H. D. Myers
Tulsa
Claremore
Charles
Pretty Boy
Italian Air Armada Heads for Chicago From Orbetello
The Italian armada of 24 seaplanes, led by War Minister Italo Balbo, prepared to launch at dawn for a 6,100 mile flight via the polar route to Chicago. Stops along the way may be skipped with emergency bases planned, as the squadron aims for Amsterdam, Londonderry, Reykjavik, Cartwright, Shediac, Montreal, and Chicago before returning.
MENTIONED IN THIS ARTICLE
Orbetella
Italy
Italo Balbo
Chicago
Alps
Eimilio de
Othe Faacit
High Seas Aerial Navigation School
Amsterdam
Orbetello
Romé
Londonderry
Northern Ireland
Balbo
Aldo Pellegrin
High Seas
Pe Valle
Air Ministry
Derry
Reykjavik
Iceland
Cartwright
Labrador
Shediac
Montreal
Bolama
Portuguese South Africa
Port Natal
Brazil
Workers Strike in S C Mills
In Blacksburg Broad River mills five weavers and 26 spinners walked out over the stretch out system. Mills ran normally this day as workers planned an afternoon meeting to decide action. Rock Hill plant saw half of 260 night workers strike with others failing to report for day shift. Organizing meet planned after noon to press for wage increases. Archie O. Joslin cites a five percent wage increase granted five years prior as context.
MENTIONED IN THIS ARTICLE
Rock Hill
Gaffney
8. C
Broad River
Blacksburg
Archie O. Joslin
Bleachery
Ria Oust Sea
World Economic Conference Aids UK Dollar Worries
London reports Prime Minister Ramsay MacDonald says the situation has improved after talks with delegates. Eight committees work on a permanent monetary standard largely based on American proposals amid British concern over dollar gyrations and US stabilization limits. Hull and MacDonald confer in the delegates lounge while French and Dutch gold-country representatives note dollar fragility.
MENTIONED IN THIS ARTICLE
London
Ramsay MacDonald
America
Brush
United States
Cordell Hull
James M. Cox
Hull
Georges Bonnet
France
Hendryk Colljn
Netherlands
Roosevelt Urges Navy Readiness for Cruiser In
The Daily News quotes a Provincetown dispatch saying the navy could rush aboard the new cruiser In Hanapolis if Prof. Raymond Moley requests a hurry call for the president. Officials deny Roosevelt plans abroad as the vessel, capable of 35 mph, remains in harbor after a record voyage ending in Provincetown.
MENTIONED IN THIS ARTICLE
New York
The
Daily News
Provincetown
Mass
Hanapolis
Raymond Moley
Roosevelt
Silas Naliee Acares
Also Mentioned on This Page
Francis Ford
Charleston
S. C
Billy Howell
Richmond
East Lake Country Club
Jack Toomer
Hendersonville
N. C
Dean Smith
Greensboro
Virginia
Carolinas
T. W. McAllister
Southern Hardware Jobbers Association
State School Commission
Leroy Martin
Sarazen
Kipling
Twain
Toyoto W. Nakarai
Butler University
Indianapolis
Ind
Frances A. Yorn
Columbia University
Highway Dept
Powers
U. S
OWA Police
Beverly Hilia
Calif
England
Japan
Russia
Will
Floyd
Italian Air Armada
Julianhaab
Greenland
South America
Atlantic
S.C. Mills
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