Willis Slane Named Director In Statewide Bank Plan
Willis H. Slane a prominent local manufacturer and depositors committee member was elected to represent the High Point Burlington Salisbury Spencer and Monroe branches on the new statewide bank to succeed the North Carolina Bank and Trust Company and related entities. The plan includes four depositors representatives from each old bank and aims to begin operation by July 15 with branches in Charlotte Greensboro High Point Aberdeen and other towns.
MENTIONED IN THIS ARTICLE
Willis H. Slane
North Carolina Bank and Trust Company
Raleigh
High Point
Burlington
Salisbury
Spencer
Monroe
North Carolina Bank
Page Trust Company
Independence Trust Company
Muwant
Charlotte
Gurney P. Hood
Greensboro
Aberdeen
Herbert S. Falk
Greensboro Bank Up
North Carolina
Charles P. Moody
W. W. Hagood
Carthage
Reconstruction Finance Corporation
Walter G. Craven
City Industrial Bank
Henry L. Sloan
Mark P. Johnson
W. E. Jordan
Ivey W. Stewart
Italian seaplanes delayed by bad weather to Chicago
Adverse conditions over the Alps and in Germany again prevented the departure of 25 Italian sea planes from Orbetello to Chicago.
MENTIONED IN THIS ARTICLE
Orbetello
Italy
Alps
Germany
Chicago
Protests Over Antinazi Stamps Hit Postal Policy
Samuel Untermyer protested to Postmaster General Farley against a ruling barring anti Nazi stamps from mail. The stamps urged boycotting German goods and were circulated by the Jewish War Veterans who sent five million blue stickers to about 100000 Jews. Postal official Effenberger said the stickers resemble postage stamps and are not permissible.
MENTIONED IN THIS ARTICLE
New York
Samuel Untermyer
Farley
Post Office Department
Jewish War Veterans of
United States
Hitler
Jewish Veterans Organization
Germany
Co. B. Effenberger
J. George Fredman
The
Veterans Organization
Eile
Reynolds Appeals to Young Democrats for Repeal Support
ASHEVILLE June 29 Senator R R Reynolds announced he would appeal to North Carolina Young Democratic clubs to back repeal of the 18th amendment and urged voters to support repeal in the November 7 election. He also listed eight internal revenue positions to be filled in the state with names including Raymond Earnhardt James E Carraway and Charley Price. He said recess appointments for Asheville officials were expected within 30 days.
MENTIONED IN THIS ARTICLE
Asheville
R. R. Reynolds
North Carolina
Wilmington
Internal Revenue Department
Reynolds
Wrightsville Beach
Internal Revenue
J. W. Bailey
Raymond Earnhardt
Lexington
J. Barber Towler
Raleigh
James E. Carraway
S. E. Warner
Whittier
Joe Mallett
Tarboro
Arthur J. Williams
Washington
Nate Parker
Elizabeth City
Raymond Christman
Charley Price
Charlotte
McKee Cooper
Marcus Erwin
Prohibition
Hearings on Cotton Code Nearing End
Washington June 29 The Cotton Textile Industry conference wrestles with contract adjustments to offset increased costs from the trade code. W L Allen deputy administrator says hearings at the commerce department may close tomorrow with many seeking to be heard.
MENTIONED IN THIS ARTICLE
Washington
Cotton Textile Industry Conference
W. L. Allen
Recovery Administration
Commerce Department
Cotton Textile Industry Committee
Lucy R. Mason
National Consumers’ League
Margaret Wieseman
Consumers’ League of Massachusetts
Rotary International sends greetings to World Economic Conference
Boston June 29 Rotary International in its 24th annual convention directed officers to cable the London conference its sincere hope and anxious concern for success. Will R Lanier Jr. Nashville led the resolutions endorsing peace understanding and international amity among Rotarians and world business leaders.
MENTIONED IN THIS ARTICLE
Boston
Rotary ‘International
World Economic Conference
London
Will R Lanier, Jr
Nashville
Rotary
Rotary International
Service rates cut lower mail costs to July first
Washington dispatch reports mail service rates will drop 26 percent on July 1 while rates for air mail stay unchanged. The reduction awaits final rate determinations and route readjustments.
MENTIONED IN THIS ARTICLE
Washington
Kahn investigated over 1930 tax deduction and wash sale
Senate investigators heard Otto H. Kahn received a 1930 income tax deduction on stock sales without his knowledge it was sold to his daughter. Kahn said he paid foreign tax in 1930 while none was paid here. Pecora noted a 117000 1950 loss was from securities re acquired from his daughter and a field agent deemed the transaction a wash sale. Fletcher said a Roosevelt boom market inquiry may occur later.
MENTIONED IN THIS ARTICLE
Washington
Senate
Otto H. Kahn
Kahn
Kahn, Loeb and Company
New York
Ferdinand Pecora
Internal Revenue Bureau
Pecora
Fletcher
Senate Banking Committee
Roosevelt
Can't Reduce More Acres Than Planted
Henderson June 20 AP The United States Department of Agriculture cotton retirement quota for Vance county was 11 820 acres County Agent J W Sanders said the figure should equal 30 percent of the five year average but in his five years here the county has never had 11 820 acres under cotton cultivation.
MENTIONED IN THIS ARTICLE
Henderson
United States Department of Agriculture
Cotton Reduction Organization
Vance County
J. W. Sanders
N C Has Money To Meet Debts Bonds
Raleigh June 29 The state of North Carolina today had 5 750 342 50 in New York to pay interest on its outstanding debt and provide for the regular bond curtailment on July 1 The state's gross debt today was 182 414 000 including 12 230 000 in general fund notes There was a total of 11 165 441 in the sinking fund leaving the net debt at 171 248 559
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
New York
Douglas Fairbanks Jr Shows marked Improvement
New York June 29 Douglas Fairbanks Jr was reported to be improving from lobar pneumonia at Doctors Hospital His physician said he is out of danger and in better condition acknowledging the illness is subsiding and recovery continues without complications
MENTIONED IN THIS ARTICLE
New York
Douglas Fairbanks, Jr
Doctors Hospital
Toledo
Sharkey
Carnera
Carera
Sharkey Concedes Carnera Big Weight Gap at Match
Heavyweight champion Sharkey weighed 201 pounds and Primo Carnera 261 1 2 pounds for the 15 round title bout at Madison Square Garden. The scales showed the largest weight difference since 1919, with heat and ring lights noted. no radio broadcast planned.
MENTIONED IN THIS ARTICLE
New York
Sharkey
Primo Carnera
State Athletic Commission
Madison Square Garden Bowl
Long Island City
Carnera
Dempsey
Jess Willard
Fatty Arbuckle Dies After Anniversary Party
Roscoe Fatty Arbuckle, 45, famed silent film comic, died in his hotel suite in New York from angina after a wedding anniversary celebration. He had been attempting a comeback following the Virginia Rappe scandal of 1921. Arbuckle completed a Warner Brothers film Tamalia the day before his death.
MENTIONED IN THIS ARTICLE
New York
Roscoe
Fatty) Arbuckle
Addie McPhail
Arbuckle
Tamalia
Long Island
Warner Brothers
William Lahiff
Arbuckles
Virginia Rappe
San Francisco
British Plan On Stabilization Is Rejected Today
London reports that a British compromise plan for the World Economic Conference stabilization crisis was rejected by European gold bloc nations. The British and gold bloc representatives agreed to appeal to Washington for assistance, while American officials met privately. Prime Minister Ramsay MacDonald led talks with Moley Spra gue and Warburg among others present.
MENTIONED IN THIS ARTICLE
America
Moley
MacDonald
London
Washington
France
Ramsay MacDonald
Raymond Moley
James P. Warhurst
Warbure
Mr. Roosevelt
Oliver M. W. Sprague
U. S
New York Thread Institute Formed to Shape Recovery Code
Cotton thread manufacturers form the Thread Institute under the national industrial recovery act after a June convention in New York. An executive committee will draft a fair competition code to present to Hugh S Johnson. 100 plus manufacturers attended. Officers include President John B Clark New York and Vice Presidents Josef Pollack and Peter J Hinds New York. Directors include B Elmore and J W Schenck of North Carolina. Southern firms such as Elmore Thread Co Dean and Sherk Co and Lily Mill and Power Co are listed among members.
MENTIONED IN THIS ARTICLE
New York
Thread Institute
New Institute
Hughs. Johnson
Cotton Thread Tron, Inc
John B. Clark
Josef Pollack
Peter J. Hinds
W. R. L. McBee
South Willington
Conn
C. E. Chaffin
Springfield
Mass
Mass. Directors Included: 8. Elmore, Spindale, N. C
E. E B. Groves
Gastonia
N. C
J. W Schenck
Shelby
Institute
Southern Firms
Dean and Sherk Co., Inc
Lawrenceburg
Elmore Thread Co
Spindale
Gastonia Thread Yarn Mills, Inc
Groves
World Disarmament Conference Adjourns
The world disarmament conference adjourned until October 10 in Geneva amid a protest by Rudolph Nadolny Germanys representative that the long recess signals a funeral for disarmament. Hugh Wilson of the United States pledged aid in private negotiations.
MENTIONED IN THIS ARTICLE
Geneva
Rudolph Nadolny
Hitler
Hugh Wilson
United States
Negro Youth to Face Murder Charge After 16 Years
Joe Boyd a negro was brought back to Aiken South Carolina from Jacksonville Florida to face a murder charge. He is accused of killing Gertrude Montgomery a negro woman in January 1917. The case had lapsed until tips indicated Boyd was living in Jacksonville.
MENTIONED IN THIS ARTICLE
Aiken
8. C
Joe Boyd
Jacksonville
Fla
Boyd
Gertrude Montgomery
Chasm in Textile Wages Hours Splits Employers and Labor
A rift between employers and labor over wages and hours in cotton textile mills challenges the National Recovery Administration. William Green of the AFL backs a 30 hour week with a minimum wage around 14 to 16 dollars, while manufacturers push toward a 40 hour week and higher pay to attract workers. Green warns a longer week won’t cut unemployment and urges wage levels near 1926 standards.
MENTIONED IN THIS ARTICLE
William L. Beale
Associated Press
Washington
Natonal Recovery Administration
William Green
American Federation of Labor
Green
Hugh
Johnson
Aly
Ies
Firat
Also Mentioned on This Page
Lt Sis, Va Oda
Willis Slane
New Bank
Spencer and Monroe
Rotarians
W. E
George A. Sloan
Cotton Textile Institute
American Cotton Textile Association
Hugh S.S. Johnson
Doug
Fatty Arbuckle
Beverly Hilias
Cal
California
Virginia
Ton
Industry
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