Stocks Slide as Heavy Selling Saps Market Advance
Heavy selling driven by fears of no more rate tightening pulled stocks lower after early gains in many issues. Cotton rose $1.50 to $2 on bullish weather and government gains, while copper and several industrials slipped. Baldwin Locomotive and Goodyear Rubber fell, and International Telephone hit a fresh high as broader sentiment turned cautious.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Chicago
Iron Age
Iron Trade Review
Baldwin Locomotive
Goodyear Rubber
Radio
Montgomery Ward
Woolworth
Wright Aeronautical
General Electric
Standard Oil
California
Houston Oil
International Telephone
Executive Mansion Fire Put Out With No Damage
Fire broke out in the Raleigh executive mansion from defective wiring but was extinguished before serious damage. The blaze on the second floor was noticed by an employee who sent in a fire alarm. three trucks were deployed but unnecessary as chemicals sufficed. Governor Gardner was at the Bryan memorial dinner, and was in the mansion when the fire occurred.
MENTIONED IN THIS ARTICLE
Raleigh
Mar
Executive Mansion
Garder
Byran
Gardner
Square necklines in fashion stay stylish now
The square neck is praised for its current appeal with overstitching details at the front and a tying back. One sided necklines are noted as maintaining a distinct place in contemporary style.
High Point Chosen For 1930 North Carolina Woodmen Meet
High Point is selected as the 1930 convention city for the North Carolina Woodmen of the World. The Charlotte convention notes include invitations from High Point and Asheville and list officers elected and dignitaries such as Gen. B. S. Royster and R. F. Patterson.
MENTIONED IN THIS ARTICLE
High Point
Woodmen of World
North Carolina
Woodmen of the World
Woodmen
Charlotte
Frank Sizemore
Chamber of Commerce
Wv. L. Hune
Charlotte Observer
North
Carolina
Asheville
Buncombe
Woodmen Circle
The
Gen
B. S. Royster
Oxford
D. B. Henderson
Counsul
R. F. Patterson
Kannapolis
Cotton Opens Steady With Morning Rally On Ginning Report
New York March 20 The cotton market opened steady with gains of 17 to 24 points and traded 37 to 40 points above yesterday's close as the census ginning report and favorable weather outlook supported buying. May rose to 21.22 and October to 20.50 before easing as selling picked up, with midday levels around 21.00 to 22 points under the early peak.
MENTIONED IN THIS ARTICLE
New Orleans
Census Bureau
Texas
P.C
New York
Weather Bureau
Chicago grain prices edge up amid mixed crop reports
Wheat rose in late trading despite early setbacks as crop reports from the southwest show mixed but generally favorable tones. Wheat closed with a small net gain while corn and oats moved modestly. provisions held steady. London dining trends show more women dining out with 4,000 first class diners nightly in the West End and about 8,000 on Saturdays.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Delaware State Details: Size and Shape
Delaware is described as the second smallest state with a maximum length under 100 miles and maximum width under 435 miles. The text notes that at its narrowest point the state is only about 9 miles wide.
MENTIONED IN THIS ARTICLE
Delaware
Union
Cotton crop falls short of 1927 output
The 1928 cotton crop, as final ginnings canvassed by the Census Bureau, totaled 14,450,000 equivalent 600 pound bales, below 1927’s 12,956,045 running bales and 1926’s 17,977,374. State totals list Alabama to Virginia with varied production, led by Texas and Mississippi among others.
MENTIONED IN THIS ARTICLE
Washington
Mar
Alabama
Arizona
Arkansas
California
Florida
Georgia
Louisiana
Mississippi
Missouri
New Mexico
North Carolina
Oklahoma
South Carolina
Tennessee
Texas
Virginia
States
Nobleman Held in Father's Death in Silesia
In Hirschberg Silesia Count Christian Friedrich Werengerode aged 27 was detained after his account of his father Count Eberhard 56 was killed by a blast from a rifle. Police found inconsistencies in the young nobleman's story and questioned him with no motive yet established. The elder Count left nine children, the youngest eight, and the heir was at home with the father when the shooting occurred.
MENTIONED IN THIS ARTICLE
Jannowitz
Silesia
Mar
Hirschberg
Count Christian Friedrich Stoleberg
Russell Quits Agriculture Dept to Join National Broadcasting Co
Washington March 20 F M Russell assistant to the secretary of agriculture resigns to become vice president of the National Broadcasting Company. Russell has served in the department since 1922 and as assistant to the secretary since 1944.
MENTIONED IN THIS ARTICLE
Russell
Agricultural Dept
Broadcasting CO
Washington
F. M. Russell
Secretary of Agriculture
National Broadcasting Company
Department of Agriculture
Stock Summary Highlights Dividends and Bids Across Firms
American Surmate Teb Co declares 65 cent quarterly dividend payable April 15 with record April 1. U S Steel notes readjustment will benefit all shareholders. American Gas and Electric reports electric output up 17 percent week ended March 14. American Ice earned 3.92 a share in 1928 versus 2.92 in 1927. UK bids accompany Shanghai plant sale with American and Fen Power bidding about 50.006 million. British Trusts Associates bid 36 million. Sweets Co declares 25 cent quarterly dividend. Revenue freight loading totals 945 770 cars week ended March 9, down from prior week and Albany. Newton Steel pays 75 cent initial quarterly dividend on new common, plus 1.50 on old common payable March 31 and record March 20 and April 5 respectively. Auburn Automobile sales for period to Feb 28 reach 4 458 cars with largest first quarter earnings anticipated. J F Clark & Co.
MENTIONED IN THIS ARTICLE
American Surmate Teb Co
Myron C. Taylor
U. S. Steel Corp
American Gas and Electric Subs
American Ice
American
Fen
Power Company
International Settlement
Shanghai
British Trusts Associates
Sweets Company
Albany
Kolster Radio
Wilmington
Indus
Newton Steel
Auburn
J. F. Clark & CO
Market opinions from traders on stocks and grains
E F Hutton favors watching buy points as highs meet resistance while Clam Childs notes constructive market side. Jackson Brothers anticipate buying on weak dips with an upward trend. Hornblower sees profit taking as technical. Copper strength praised. Bartlett Frazier warn wheat needs support. Thomson MacKinnon sees no catalysts. Jamson Brothers advise wheat trading and corn dips.
MENTIONED IN THIS ARTICLE
Jackson Brothers
Hornblower and
Weeks
Bartlett and Frazier
Thomson and MecKinnon
Jamson Brothers
Snook Declines Leave as Term Nears End
Warden John W. Snook of the Atlanta federal penitentiary remains at his desk and declines a leave of absence set to begin when his term ends March 31. He argued he has had only 16 days vacation since January 16, 1925, seeking leave from resignation date but the department rules grant 30 days per year.
MENTIONED IN THIS ARTICLE
Atlanta
Mar
John W. Snook
Atlanta Federal Penitentiary
You Get Strong If You Are a Tired Out or Run Down Woman
Letters from women describe recovery after using Dr. Pierce's Favorite Prescription. Ada Patterson of Memphis says the remedy revived her health and spurred others to seek the same relief. Available from druggists in liquid or tablet form. write to Dr. Pierce’s Invalids Hotel in Buffalo, N. Y., for advice and a 1 cent trial package.
MENTIONED IN THIS ARTICLE
Deter Pierce
Dr. Pierce
Ada Patterson
Desoto St
Memphis
Tenn
Dr. Pierce’s Invalids Hotel
Buffalo
N. Y
Liverpool Cotton Market Reports Mixed Prices and Activity
The Liverpool market shows 12:15 p m March and July as due with May 2 and October 4. American points ahead of due, spot sales at 7,000. Middlings at 10 92 vs 10 95 yesterday. Southern weather clouded with showers in eastern belt and Texas. Worth Street prices firm amid moderate activity. Memphis Cotton Review notes smaller sales but firmer demand as holders cover time commitments and foreign mills ease while domestic spinners stay active. Farm work progress lagging. ginnings to date near government 14 375 000 bales.
MENTIONED IN THIS ARTICLE
Liverpool
Texas
Worth Street
Memphis Cotton Review
Journal of Commerce
Market outlook study by brokers hints at higher cotton prices
F B Keech expects a moderate downward move but market should rise above season high. Hentz foresees higher prices after the liquidating phase. Pynchon cites strong cotton holdings with profitable buys on dips. Orvis Brothers notes liquidated futures and May call needs. overall view favors buying May contracts as reactions continue.
MENTIONED IN THIS ARTICLE
F. B. Keech
Hentz
Orvis Brothers
Chicago Hog Market Opens Slow Then Active Trade
Chicago and hog market reports show open slow at 16-25 cents lower, then active with declines around 10.15 and occasional top loads at 11.75. Desirable hogs weighing 185-225 pounds traded around 11.30 to 11.65, with typical ranges across weight classes from 160 to 320 pounds and packing sows around 10.55.
MENTIONED IN THIS ARTICLE
Chicago
Mar
Livestock Market Report Shows Mixed Demand Across Classes
The report covers hogs 190 lbs and up at 11.15 per cwt, cattle with varied weights and grades, calves around 2,509 head, and light lines dull. Feeder cattle and vealers show steady to firm bids, while sheep listings total 16,000 with fat lambs at 16.76 to 17.60 and ewes down to 8.50.
MENTIONED IN THIS ARTICLE
CIA
Steac
Polka Dot Prints Promise New Summer Wardrobe
The polka dotted print remains the most popular item with a twin print blouse and reversible skirt in polka dots. Linen and organdy combinations in polka dot designs promise fresh looks for the season.
Solar eclipse misses predicted time by seconds in 1925 event
The total solar eclipse of January 24, 1925 occurred but five seconds later than astronomers predicted, marking a rare timing discrepancy in a historic celestial event.
MENTIONED IN THIS ARTICLE
Janary
Lydia E. Pinkham Vegetable Compound Booster Testimony
Kingston Missouri testimonial from Mrs Harrin Basrin praising Lydia E. Pinkham Vegetable Compound for restoring strength after illness. She reports weight gain and renewed ability to work, noting her sister-in-law also benefited after childbirth.
MENTIONED IN THIS ARTICLE
Lydia E. Pinkham
Kingston
Harrin V. Basrin
R. J
Kingston, Missouri
Also Mentioned on This Page
Mart
Jno. F. Clark & Co
Commercial National Bank
Adams Millis
Allied Chem and Dye
Lorillard
Bosch
Ss Marland Oi
Mack Trucke
Smel
Rte
Miami
Mid States
Kans & Tex
Mont Ward
Murray Coron
Chio & Nor West
Chrysler Corpa
Otis
Ty Coron
DuPont Ee
Rem Rand
Iron & Sis
Fleischmann Ee
Freeport Tex
St Louis San i
Genl Asphalt Com
Sears Roe
Elec
Sin Oil
Gimbel Bros . Ieee
Lay Ltd Oj
Mtre New . A
Stewart War
Studebaker
Goodyear Tire Ee Ee
Tex Corpa
TAM Goodrich Com
Ae United Cigar
J. L. Davis
W. IL. Ross
Salisbury
J. A. Brewer
Winston-Salem
B. T. Hill
Wadesboro
C. P. Goforth
Kings Mountain
the Order
Charles W. Saunders
Winston
C. McKaughan
Hotel Charlotte
Morris Sheppard
Sheppard
Scalybark
D. E. Henderson
Concord
Elks Club
Woodberry Club
Social Order of the Woodmen
Supreme Forest of the Order
Harriet T. Donelan
Columbia, S. C
South
P. C. Mar
BOC
Starr Motor Company
Don E. Person
U. S. Army
William Beaumont Hospital
el Paso
Tex
Person
Portes Gil
Maximino Ruiz
Juarez
Sergeant Person
Port Arthur
E. F. Hutton
Clam Childs and Co
Snook
Chicago Livestock
A&p
Skipper
Sultana
Alaska
N. B
Carton
Daniel Piedmont
Chesterfield
Atlantic & Pacific
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