Stocks Waver As Nervousness Is Felt In The Market
New York markets showed alternating weakness and strength amid fears over the credit situation. Call money opened at 16 percent and rose to 18 percent. U S treasury financing at 43 percent fueled liquidity fears. National Dairy Products declared a 160 percent stock dividend. American Steel Foundries granted rights. Union Carbide posted strong annual gains. Adams Express rallied. Radio Corp fluctuated. Johns Manville slid after the death of president Theodore F Mertes.
MENTIONED IN THIS ARTICLE
New York
U U. S. Treasury
Federal Reserve Bank
National Dairy Products Corporation
American Steel Foundries
Earnihes
Union Carbide
Adams Express
Theodore F. Merseles
Johns Manville Company
Tar Heel Stars 10 Don Football Tug On Saturday
Tar Heel Monogram Men meet the Tar Heel Youngsters in Kenan Stadium for the annual winter football closer at 2 30. veterans Schwartz Sapp Donahoe Howard and Shuler return to face undefeated freshmen led Youngsters in a real gridiron struggle with lineups featuring Sapp Nonahoe Nash Harden and others.
MENTIONED IN THIS ARTICLE
Chapel Hill
Harry Schwartz
Kenan Stadium
Tar Heels
Old North State
Duke
Schwartz
Odell Sapp
Sam Presson
Earl Donahoe
Shane Howard
Bud Shuler
Julian Fenner
Pat Adkins
Bob Blackwood
Jimmie Hudson
Jimnei Maus
Chuck Erickson
Tommie Gresham
Henry House
Yank Spaulding
Apparent Distress Signal at Ushant Island Lighthouse
A false alarm prompted a life saving crew to respond to a distress signal from Ushant Island lighthouse flagpole. They reached the scene through a furious gale and found the keeper drying clothes hung on the pole after being caught in the rain.
MENTIONED IN THIS ARTICLE
London
Ushant Island
Girl treated for hydrophobia after dog bite scare
In Chicago a schoolgirl received treatment for hydrophobia though she was not bitten. A bullet fired by a policeman through a dog suspected of being mad caused the wound. The treatment aimed to prevent possible infection from the supposed bite.
MENTIONED IN THIS ARTICLE
Chicago
Chicago hog and cattle market holds steady then slips
Chicago market roundup shows 27,000 hogs opening steady with later trade 10 to 15 cents lower. top 12.10 per 222 lb load. Cattle and calves 9,000 head, active gains on steers and yearlings with best heavy steers near 14.00 and yearlings at 14.50. Sheep and lambs 10,000 head with early fat lambs 16.75 to 17.25 and high-quality ewes and feeder lambs rising.
MENTIONED IN THIS ARTICLE
Chicago
Foreign exchange rates and historical note
The report lists quotational and cable rates for currencies including Great Britain France Italy Belgium Germany and others with regional figures. It also notes the last English king to command in action was George II directing the Suffolk regiment at Dettingen.
MENTIONED IN THIS ARTICLE
George II
Suffolk
Deitingen
Wind and fire damage sweeping Midwest and West
The Midwest reports 45 mph winds damaging windows, trees, and signs from Milwaukee to Chicago. Heavy snowfall hinders travel in Wisconsin and Minnesota. Ice gorges and floods hit Nebraska and Illinois. Cleveland endures a $200000 two story blaze threatening a business block. Western North Carolina endures 56 mph winds. power lines, phones affected. Asheville utility crews work to restore services. Lake Lure area trees block roads but cleared by noon.
MENTIONED IN THIS ARTICLE
Miwaukee
Chicago
Wisconsin
Minnesota
Nebraska
Illinois
Ohio
Cleveland
North Carolina
Asheville
Mar
Carolina Power and Light Company
Lake Lure Dam
Lake Lure Inn
State Highway Commission
Water to steam: cubic foot ratio stated
A single cubic foot of water is convertible into 1661 cubic feet of steam. This figure reflects the expansion from liquid water to steam under the referenced conditions.
Republicans Aim to Consolidate Solid South Gains
Washington dispatch reports that the Republican Party, after a meeting of the party's national committee, plans to solidify wins in the former Solid South. Chairman Hubert Work said they will promote strong Southern party organizations and seek permanent affiliation with the GOP, aiming to boost Southern representation at the next national convention.
MENTIONED IN THIS ARTICLE
GO. P
Washington
Mar
Republican
Solid South
Republican National Committee
Hubert Work
Republican Party
Dr. Work
Coolidge Home Floor Sag Causes Repair Visit
Northampton report notes Calvin Coolidge returned home to find his living room floor sagging. He directed two workmen in shoring up the area during a cellar inspection and tipped a cigar to Fach. In Havana Mrs David Dawes loses a $60,000 pearl necklace at a beauty parlor where Florenz Ziegfeld is entertaining.
MENTIONED IN THIS ARTICLE
Northampton
Mass
Calvin Coolidge
Fach
Havana
David. Dawes
Florenz Ziegeld
New York Cotton Opens Steady on Demand and Liverpool Cables
Cotton in New York opened steady with small gains as covering and trade demand buoyed prices. Early advances extended to about 19 to 21 points, then traded near midday with March at 2116, May 2116, July 2062, October 2036, December 20338. Rumors claimed International Spinning figures set first half consumption at 7,613,000 bales.
MENTIONED IN THIS ARTICLE
New York
Commission House
Liverpool
Bombay
International Spinning Organization
New Orleans Cotton Opens Firm on Spinners Report Gains
The New Orleans cotton market opened firm driven by better Liverpool cables and a bullish International Spinners Federation report lowering world consumption for the first half of the season. Early trades lifted May July and October futures, with prices closing the hour 19 to 21 points higher before profit taking pulled some gains back.
MENTIONED IN THIS ARTICLE
New Orleans
Mar
Liverpool
International Spinners Federation
P_C
Swetonic Tops Five Brothers In Pro Baseball Bid
Steve Swetonic, a Pittsburgh rookie pitcher, stands out as the only one of five brothers to reach professional baseball, signaling a family tradition of promising talent.
MENTIONED IN THIS ARTICLE
Steve Swetonic
Pittsburgh
Italy Bars War Film Exhibitions Across Kingdom
Italy bans exhibition of films depicting war episodes in any part of the kingdom. Government authorities enforce the prohibition, reflecting wartime censorship measures and cultural control during a period of conflict.
MENTIONED IN THIS ARTICLE
Italy
Kingdom
Cotton market opinions from leading brokers
Wade Bros and Wrenn Bros forecast buying on further declines while Pynchon, Hirsch Lilienthal Co and Keech anticipate higher prices. Hubbard Bros advise limiting purchases to setbacks as the advance slows with clearer weather.
MENTIONED IN THIS ARTICLE
Wade Bros
Wrenn Bros
Pynchon
Hirsch Lilienthal Co
F. B. Keech & Co
Hubbard Bros. Co
JO. F. Clark & CO
Butter And Eggs Market Report From New York
Butter prices mix with easier receipts 11,760 while creamery and extra classes rise. Cheese receipts reach 159,726 with stable demand. Bees firmer with 19,862 receipts. Fresh gathered grades show slight gains across extra and first categories.
MENTIONED IN THIS ARTICLE
New York
Investment advisory outlook signals a second 1929 buying point
J. F. Clark & Co advises against selling prior picks and urges selective buys as market conditions mirror the 1929 setup. They expect a firm bottom slightly below current levels, recommend limited opening orders, and favor buys in Coal, Allied Chemical, Im'l Nickel, Marine Preference, and several rail and utility stocks with specific price targets.
MENTIONED IN THIS ARTICLE
New York
Bank of England
New York Reserve
New York Bank
Federal Reserve
Columbia
Cole
Allied Chemical
Im’l
Nickel
Marine Preferred
Cananadian Pacific
New York Central
Erie
Denver and Rio Grande Western
Western Maryland
B. M. T. Western Unico
Hudson Manhattan
J. F. Clark & CO
Liverpool Cotton Prices Fall as Demand Remains Fair
In Liverpool on March 7, cotton spot market shows fair demand with prices falling. American strict good middling quoted at 11.57 and good middling at 11.77.
MENTIONED IN THIS ARTICLE
Liverpool
Mar
Market Quotations Reflect Mixed Cotton Futures
The report shows strict middling 11.17 and middling 10.97, with low values for strict low middling 10.72 and low middling 10.47. Futures closed firm with March 10.77, May 10.87, July 16.86, October 10.67, December 19.64, January 10.62. Receipts total 22.000 with American 12.400 and sales 7.000 including 4 S00 American.
MENTIONED IN THIS ARTICLE
Foreign Exchange
New York
March
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Spain
Switzerland
Greece
Poland
Czechoslovakia
Jugoslavia
Austria
Rumania
Argentine
Brazil
Tokyo
Shanghai
Montreal
Sugar market steady with limited sales in Cuba deal
Raw sugar held firm in New York trading with last paid spots at 3.74 and no offers below 3.77. Only reported business was 28,000 bags of Cuban to a buyer for April shipment at 3.77 duty paid. Fine granulated unchanged at 4.90 with liberal withdrawals against recent purchasers.
MENTIONED IN THIS ARTICLE
New York
Potatoes Trade Steady as Receipts Rise in Chicago
Potatoes receipts reach 100 cars with 211 more on track and total U S shipments at 825 cars. Wisconsin sacked round whites bring 8 641.00, Minnesota and North Dakota sacked round whites 8 5, Red River spuds 1.00 to 1.10, Idaho sacked russets 1.45 to 1.60. Fancy shades higher.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Wisconsin
Minnesota
North Dakota
Red River
Idaho
Also Mentioned on This Page
Stanley W. Prenosit
Associated Press Financial
Jno. F. Clark & Co
Commercial National Bank
Allied Chem
Giei & le .Ce
Tel
Sethlehem
Chesa & Ohio
Oo Chie & Nor West
Chie R.I & P
Chrysler Coron
Nairn
Con Cigar Co
Klee L & P
Dupont de N
Wee Ee
Fleischmann
Gimbel Bros
Goodyear Tire Ave
Gulf Mobile & ‘Norwede SL
Kelly Sp Tire
Kresger
Kroger Growteee
Lig & Myers
Ogi
Loews Inc
Mack Trucks
Miami
Mid States
Kane & Tex
Mont Ward
Ag Murray Corpu
Nash
Nor Am Corpa
Pathe
Radio Corpu
St Louis San
Sears Roe
Studebaker
Tex
Roe & Ee
Tex Gulf Sul
United Cigar Stores
U S
Woolworth
Eee
Ile Younes S & 7
TAR Heel Stars
DON
Monogram
Chicago Livestock
Happy Feed Store
A. M. Upshaw, Prop
North Wrenn Street
Mid West
St. Louis Federal Reserve Bank
Union Tobacco
United Profit Sharing
Ward Baking
Boston
Maine
Lima Locomotive Works
Santa Fe Springs Gas
California
J.C. Penney
Kroger Grocery
Stromberg Carburetor
INO. F. Clark & CO
Clevenburg
Worth Street
Tattersall Cables
Manchester
India
China
JNO. F, Clark & CO
Whitney
American Sugar Refining Company
Dorsey Brothers
Aero
Orcoces
Let
Paris
The
Tom Dorsey
Oreh Phonograph Corp
Weat 45Th Street, New York, N. Y
Okeh Records
Hendrix
Music Store
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