Credit Uneasiness Seen in Erratic Price Movements
In New York on March 11, stock markets showed growing credit uneasiness with erratic price moves. Bears pressed many active issues while radio corporation stocks fluctuated. margin requirements rose and rumors of rate hikes at the Federal Reserve and Bank of England weighed on sentiment. Strong showings included Victor, Radio, Paramount-Famous Lasky, and Gramophone related holdings despite overall bearish pressure.
MENTIONED IN THIS ARTICLE
New York
Mar
Radio Corporation
New York Federal Reserve Bank
Bank of England
Commission
American Woolen Company
Murray Corporation
Victor Talking Machines
Radio-Keith-Orpheum
Marconiphone Company
Gramophone Company
Radio
Victor Talking Machine Common
Four Men Held in Slaying Case Near Montgomery
Four men were jailed in Montgomery County on murder charges after the death of M. R. Welch, 34, an automobile mechanic, who was beaten and pitched from a car on the Montgomery Selma highway. A fifth arrest was expected as Sheriff Scoggins investigated a six-man brawl that left Welch unconscious.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Montgomery County
M. R. Welch
Montgomery-Selma
O. A. Hobbie
Welch
S. V. Sharpe
Barto McCade
John S. McDonald
John L. Scoggins
S. BE. Centerfit
St. Clifton
Carolina Virginia Radio Debate Set for April
Chapel Hill March 11 a radio debate between the University of Virginia and the University of North Carolina was scheduled for the last week of April in Richmond. The resolution states that national advertising as now carried on is socially and economically harmful. No side had been chosen yet. Carolina also has a separate debate with Harvard on April 9.
MENTIONED IN THIS ARTICLE
Chapel Hill
Mar
University of Virginia
University of North Carolina
Richmond
Carolina
Harvard
Fire Threatens Livestock at Southwestern Exposition
A large fire at the Southwestern Exposition and Fat Stock Show in Fort Worth drives hundreds of livestock to safety. Officials estimate thousands of dollars in value affected as heat and flames threaten pens and barns today. Fire crews battled the blaze into the afternoon with local agencies assisting.
MENTIONED IN THIS ARTICLE
Fort Worth
Texas
Wheat futures rise on crop damage reports and supply data
In western Oklahoma and Kansas high winds and crop damage boosted wheat values despite early setbacks. The market faced a 505000 bushel rise in the United States wheat visible supply total, leaving advances unable to hold. Wheat closed slightly lower while corn and oats declined and provisions edged up.
MENTIONED IN THIS ARTICLE
Chicago
Oklahoma
Kansas
United States
New York Cotton Opens Steady After Early Decline
New York cotton opened steady with declines of 8 to 14 points amid lower Liverpool cables and southern selling. May eased to 21.31 and October to 20.50 before support pulled prices up. May's 21.58 near midday, with a general 6 to 10 point daily drop.
MENTIONED IN THIS ARTICLE
New York
Mar
Liverpool
London
Continental
Bombay
New Orleans
New Orleans Cotton Opens Easy on Liverpool Cables
The New Orleans cotton market opened easy as Liverpool cables were weaker. May, July, and October futures fell 9 to 13 points early, then steadied with rain forecasts lifting May to 20.67 and July to 20.73, October 20.84, as sellers absorbed offers.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Four Virginia youths die at grade crossing tragedy
Four youths from Prince William county died in a grade crossing accident near Manassas Virginia. Frank Whetzel aged 19 and his brother Grant 16, both from Aden, along with Hampton Kerlin 17 from near Nokeville were killed instantly. Amos Smith of Aden died a few hours later.
MENTIONED IN THIS ARTICLE
Manassas
Prince William County
Here
Frank Whetzel
Grant Whetzel
Aden
Hampton Kerlin
Nokeville
Amos Smith
Chicago Livestock Prices Fall Across Hogs Cattle and Sheep
Chicago market reports show hogs 36 000 head with prices 25 to 40 cents higher top 11.75 for 190 pounds. cattle 17 000 with steady to firm trade on yearlings and light steers and mixed results for heavier cattle. lambs and sheep opening 15 to 25 cents lower with some fat lambs at 17.00 to 17.25 and feeder lambs 14.50 to 16.00.
MENTIONED IN THIS ARTICLE
Chicago
Mar
Stocks and Cotton Move at Clark Co Brokerage
Local listing shows STYCKS and Cotton at Mo F Clark & Co located in the Commercial National Bank Building, with 612 to 613 room references.
MENTIONED IN THIS ARTICLE
Jno. F. Clark & Co
Commercial National Bank
MO. F. Clark & CO
Commercial Nati Bank Bldg
Stock Summary Shows Mixed Industrial Earnings and Dividends
Crude rubber stocks in London rise to 25,920 tons after a 497 ton gain. Southeastern Power and Light declares a 1 percent common dividend payable April 20 to stockholders of record March 39. Electric Auto-Lite reports a 15 percent production gain over last June. Glidden sales rise 31.1 million in four months ending Feb 28. Proceeds from a recent offering will fund acquisitions in refining, nut products, foods, and more. 1928 totals for several utilities and metals firms show varied profits, losses, and per share figures including Federal Mining and Smelting at 24.15 and Manhattan Electric Supply at a deficit. Prices and capacity measures for coal and yarns noted, with sector averages and key company earnings listed.
MENTIONED IN THIS ARTICLE
London
Southeastern Power and Light
C. O. Minger
Rites
Sugar Prices Hold Steady on New York Market
Row sugar opened steady in New York with spots at 3.74 duty paid and no sales reported. Refined prices remained unchanged at 4.90 for fine granulated.
MENTIONED IN THIS ARTICLE
New York
Cotton market report from international federation
The report notes six months of world cotton consumption ending January 31 1929 at 7 612 000 bales and total consumption of 1 772 000 bales for all kinds. World mill stocks stand at 2 958 000 bales. In Chicago grain prices rose signaling a congested pit while some large commission houses began buying lifting short interest. Market outlook depends on export demand weather and crop conditions. J. F. Clark & Co.
MENTIONED IN THIS ARTICLE
Int'l. Federation
Chicago li
J. F. Clark
General Hill Reappointed Hoover Veterans Bureau Director
President Hoover names Brigadier General Frank T. Hill of Utah to head the Veterans Bureau, marking his reappointment after prior service in the agency. The move reinforces federal veteran affairs leadership and coordinates ongoing benefits and administration across the bureau.
MENTIONED IN THIS ARTICLE
Washington, Mar
Frank T. Hill
Utah
Hoover
T Veterans Bureau
Lenin theme books published in many languages
Moscow reports that 196 books about Lenin have appeared in 32 languages and 817000 copies have been printed. The material highlights the global reach of Lenin studies across readers and publishers.
MENTIONED IN THIS ARTICLE
Moscow
Lenin
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Paramount-Famous Lasky, Foundation Co
Follansbee
General American
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Seer DuPont
Elec Ll. & Pp Tee Ee
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Gimbel Bros
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Kresge S
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Loews Ine
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OUR
Libbys Bartlett
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High Point Office
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Uth
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Winston-Salem
Lde
Alabama
Maxwell House
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Ferndell
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Hutchen’'s Dept
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Hammond Ind
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Berkley, Cal
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Manhattan
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Tron and Steel
Murray Corpn of America
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Clark & CG
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