Stocks Close In Big Outburst Of Strength Today
New York June 26 Stocks closed with an outburst of strength led by railroad shares and steel issues. Gains ran from 2 to 7 dollars as rails surged on a rumor of freight-rate relief, later denied, with Baltimore and Ohio New York Central Atchison New Haven Rock Island Frisco and Union Pacific finishing 5 to 7 higher.
MENTIONED IN THIS ARTICLE
New York
Washington
United States Steel Common
Bethlehem
American
American Can
American & Foreign Power
Westinghouse
Consolidated Gas
Sears Roebuck
Montgomery Ward
Allied Chemical
Air Reduction
Woolworth
International Telephone
Interstate Commerce Commission
Baltimore & Ohio
New York Central
Atchison, New Haven
Rock Island
Frisco
Union Pacific
Nickel Plate
Receiver Named For People's Bank Closed In Winston Salem
A receiver will be appointed immediately for the People's National Bank which closed yesterday. Thomas F. Kane, national bank examiner, will oversee the bank in the name of the comptroller of the currency. An audit of the books will start at once. Officials said public funds on deposit are protected by bonds.
MENTIONED IN THIS ARTICLE
Winston-Salem
People’s National Bank
Thomas F. Kane
National Bank
Storm Kills Two as Winds Rake Northern Ohio
A June 26 storm across Cleveland and northern Ohio killed two men, George Gordon and Donald McGraw, struck by lightning, with winds up to 52 mph. The storm damaged power lines, flooded basements, blew windows, and disrupted traffic from Sandusky to Cleveland. Rescue teams searched Lake St. Clair and Lake Erie as boats overturned and coastal damage spread.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
George Gordon
Donald McGraw
Lake Erie
Sandusky
Co. H. Ward
Detroit
St. Clair
Erie
Testimony in Banking Case Details Bank Insolvency
In Raleigh on June 26 Judge Barnhill hears motions to quash indictments against five Citizens Bank officers. Accountant Gougenour testifies deposits were accepted March 26 1929 the day before closure and bank liabilities 185 198.98 assets 82 925.79. Directors and officers face charges of receiving deposits while insolvent.
MENTIONED IN THIS ARTICLE
Raleigh
M. W. Barnhill
Citizens Bank of Wake Forest
Wake County Superior Court
R. G. Gougenour
T. E. Bobbitt
Bobbitt
J. M. Brewer
R. M. Squires
W. Brewer
T. M. Arrington
Advisory Board of Prison Named in North Carolina
Gov. O Max Gardner announces five members to the new prison advisory board to work with the board of prison directors on a 400000 plan for a central prison at Camp Polk farm near Raleigh. Members include R M Cox Winston-Salem E G Flanagan Greenville Nathan O Berry state treasurer C G Powell Oxford and F H Coffey Lenoir.
MENTIONED IN THIS ARTICLE
Raleigh
Board of
Prison Directors
Central
Camp Polk Farm
Here
O. Max Gardner
R. M. Cox
Winston-Salem
E. G. Flanagan
Greenville
Nathan O’berry
C. G. Powell
Oxford
F. H. Coffey
Lenoir
Park Farm
Hood Is Visited By Col Luke Lea
Raleigh reports Col Luke Lea, Tennessee newspaper publisher, under indictment at Asheville on charges of violat. The visit marks a notable political and legal development amid ongoing proceedings.
MENTIONED IN THIS ARTICLE
Hood
Col
Luke Lea
Tennessee
Asheville
Raleigh
Gifts Total Over 2.3 Million To Purdu University History
Purdu university has received gifts surpassing 2.3 million dollars over its 62 year history. This record highlights ongoing philanthropy supporting its programs and development.
MENTIONED IN THIS ARTICLE
Purdue University
Maxwell Talks With Bottlers in Raleigh Conference
Raleigh June 26 A Z Maxwell commissioner revenue met with North Carolina Bottlers Association reps about paying about 100 in taxes the legislature intended to levy but erred in the revenue bill The bottlers had asked to be allowed to pay the difference between the old and proposed levy for the next biennium for those who protested The legislature kept the 1929 level by mistake.
MENTIONED IN THIS ARTICLE
Raleigh
A. Z. Maxwell
Revenue
North Carolina Bottlers’ Association
Chicago boy builds Fort Dearborn replica with matches
Richard Olsta, a 12 year old from Chicago, constructed a model of Fort Dearborn using 1,269 matches, paper, and glue in a notable youth crafts effort.
MENTIONED IN THIS ARTICLE
Richard Olsta
Chicago
Fort Dearborn
Starr Faithfull Death Mystery Solved by Authorities
Authorities claim Starr Faithfull died by her own action in New York. A reproduced June 4 letter discusses death methods and questions of the afterlife, concluding with Starr's note that she will not see a loved one again and a sense of numb mercy.
MENTIONED IN THIS ARTICLE
Starr Faithfull
New York
G. Jameson-Carr
Also Mentioned on This Page
Ford
Lenawee County
Michigan
Henry Ford
People’s Bank
National Market CO
Hamas
Home
Fryers
United States
Bein
Barnhill
Brewer
Goukenour
Gurney P. Hood
Colonel Lea
Maxwell
Big Mack
Howe
Polo
Solar
Sparkles
Ted
Penney’s
Penney
J.C. Penney C
STORE
S. Main St
High Point, N. C
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