Farming Boom Pushes Forward Cash In Markets
Victor Bubank reports in New York that farming gains lift financial markets with wheat leading gains of 4 cents plus. Cotton rose to 1 a bale before retreating near yesterday’s close while silver jumped in London and the pound hit a post gold standard high. Rail stocks lead market activity with carriers such as Santa Fe and Union Pacific advancing several points. national distillers and other major names also rose amid profit taking and broad buying.
MENTIONED IN THIS ARTICLE
Victor Bubank
New York
Santa Fe
Union Pacific
Southern Pacific
New York Central
Delaware and Hudson
Lackawanna
Chesapeake and Ohio
Baltimore
Ohio
Louisville
Nashville
National Distillers
Delanese
Columbia Carbon
Allied Chemical
Dupont
Chrysler
General Motors
Case
United Aircraft
Penney
National Steel
Maxwell Defends Sales Tax Plan and Details Tax Schedules
Maxwell outlined the states sales tax as a tool for property tax relief and credit rebuilding. The piece describes recording requirements, ban on merchants absorbing the tax, stamp proposals rejected by the General Assembly, and three bracket-based schedules to test through July with possible August reapplication.
MENTIONED IN THIS ARTICLE
Department of Revenue
Maxwell
General Assembly
High Point bids for 1934 Merchants Assn convention
High Point joins eight cities bidding for the 1934 North Carolina Merchants Association convention. The decision will be made this afternoon in Winston-Salem where the 1933 convention is in session. Other inviting cities include Rocky Mount Morehead City Manteo Raleigh Elizabeth City Statesville and Charlotte.
MENTIONED IN THIS ARTICLE
High Point
North Carolina Merchants Association
Winston-Salem
Rocky Mount
Morehead City
Manteo
Raleigh
Elizabeth City
Statesville
Charlotte
Thomas Turner Jr Addresses Civitan Club Meeting
Thomas Turner Jr a representative in the recent general assembly spoke at the Civitan club gathering today. He reviewed the organization mechanics and legislative bodies of the general assembly before the group suspended the next meeting for the Fourth of July and set a new meeting for Tuesday evening July 11 at the Elwood hotel.
MENTIONED IN THIS ARTICLE
Thomas Turner, Jr
General Assembly
Civitan Club
Receiver Sought for Keystone Hosiery Mill at Asheboro
Robert Babcock of New York filed in federal court seeking the appointment of a receiver for the Keystone Hosiery Mill in Asheboro. He claims creditors now operate the mill and intend to close it to force a fire sale, and argues the mill could be run profitably under court supervision.
MENTIONED IN THIS ARTICLE
Greensboro
Robert Babcock
New York
Keystone Hosiery
Asheboro
Babcock
Rev Cord Speaker At Burlington Convention
The North Carolina Lutheran Sunday School Association opened its ninth annual convention in Burlington with about 300 delegates. Speakers include Rev F L Cord of High Point Rev EB Cooper of Kings Mountain J L Fisher of Salisbury J C Root of Raleigh Rev FE Fulenwider of Burlington and Rev E J Sox of Hickory.
MENTIONED IN THIS ARTICLE
Burlington
North Carolina Lutheran Sunday School Association
F. L. Cord
High Point
EB. C. Cooper
Kings Mountain
J. L. Fisher
Salisbury
J. ,C. Root
Raleigh
FE. Fulenwider
E. J. Sox
Hickory
Political groups debate approach to a sales tax fight
Committee members weigh organizing a political unit to oppose the sales tax. Some favor backing a separate political organization while others prefer the current setup. Delegates expect J. Paul Leonard of Statesville and Winston-Salem to lead the political campaign. Leonard is a former secretary of state association.
MENTIONED IN THIS ARTICLE
Tas
J. Paul Leonard
Statesville
Winston-Salem
Leonard
State Association
Butter and Eggs Prices in Chicago Market Report
Chicago June 27 butter and eggs market details show creamery specials at 93 score 24 to 25 percent extras 92 at 24 percent, firsts 88 to 89 at 21 to 22 percent. Current receipts 12 percent storage packed firsts 14 percent and storage packed extras 14 percent.
MENTIONED IN THIS ARTICLE
Chicago
Also Mentioned on This Page
Cae
Dation
Goodyear
Hiatt Tire Company
West High
Merchnn TS
Resolutions Committee
James Womble
Convention
Association
Convention of Merchants Ass
Civitans
Cord
Cameron MacRae
Superior
Jefferson Standard Life Insurance Company
Chicago Grain
P. O. Box
Smithdeal Realty Ins. Co
N. Main St
Messenger’’ Care Enterprise
Care Enterprise
A. B.” Care Enterprise
Clevis
East Washington St
Ree ‘ Eer
Egy
Alaska
Atchison
Auburn
Ee Aviat Corp
Tee Barnsdall
Bendix Aviat
Beth Steel
Fete Borden
Fee
Ee Cannon Mills
Curtiss del Lack Dupont Drug Inc
Eastman Kods Blee Auto Lite
Gen Foods
Gen Motor Gillette Gold Dust Goodr
Gt Nor Ry Dilinois Central Inter Nick Dan Johns
Manville Groe Liggett Myers B
Lortilard
Kan T Ward
Nat Biscuit
Nat
HAY North Amer Pac
G &E Penney J
Udebaker
I, Ay
Asso Gas Biec
Capadad
Hare
Gulf Oil Pa
Thanes
Woodrow
Carere
Pri
Brockmann Music Bil
S. Greene
Triangle Lake
E. Green
Co-Op Finance CO
West Washington Street
Moser’s
Cor. W. Washington and Main
Norman Fidler
Archdale
Safe O
Carolina Safe & Lock Co
W. Broad
Montlieu Ave
Montlieu
Wilber Jones
D. L. Bouldin
Wrenn St
Brentley Circle
Elusive
L. C
Woodrow Ave
Thurston St
Phon
Good Homes
Menthen Ave
Reyling Realty Cort Ira
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