Credit outlook darkens as stocks retreat on Fed meeting
The stock market slid on a clouded credit outlook and a Federal Reserve Board meeting in Washington. Heavy selling pushed many leading issues down two to five points, with the AP index of fifty industrials down over three points and the rail index near a yearly low. A severe money-market test is seen ahead for April disbursements.
MENTIONED IN THIS ARTICLE
Claude A. Jagger
Associated Press
New York
Federal Reserve Board
Washington
Chicago Stock Exchange
Federal Reserve
Cottonseed oil futures drift lower amid market softness
In New Orleans on March 23 the market showed dull activity as prices for prime summer yellow oil held at 9.50 and prime crude between 8.50 and 8.87. Futures closed mixed with April at 9.58 and May 9.60 while July 9.78, September 9.95, and October 9.85.
MENTIONED IN THIS ARTICLE
N. O
New Orleans
Peach Blossom Drive Through Sandhills Attracts Motorists
ASHEBORO March 23 Busy time for peach growers in the Sandhills as orchards burst into bloom along the way to Pinehurst. Rows of pink blossoms amid green pines create a riot of color from Can dor through Pinehurst with early and late trees in two tones, promising a full crop and beauty for travelers.
MENTIONED IN THIS ARTICLE
Asheboro
Mar
Pinehurst
Central Carolina
Five 18-Hole Courses Planned at Walnut Crest Club
Cleveland article notes Walnut Crest Country Club near Windsor Ohio will host five 18 hole courses on 710 acres making it the world's largest golf property. Major Jack Berry of Cleveland airport studies air taxi service to the club from downtown. Project aims include access from other cities and a 3000 member base with Colonel G G Holden of Olympia Fields Chicago named managing director.
MENTIONED IN THIS ARTICLE
Cleveland
Walnut Crest Country Club
Windsor
Ohio
Jack Berry
Cleveland Municipal Airport
G. G. Holden
Olympia Fields
Chicago
Cotton Falls at New Orleans on Continued Liquidation
The New Orleans cotton market extended losses after a USDA crop forecast. July eased to 20.07, May to 20.03, with the market ending barely steady, while Liverpool cables held steadier. Short covering helped intraday rallies before renewed selling pushed prices lower again.
MENTIONED IN THIS ARTICLE
New Orleans
Mar
Department of Agriculture
Liverpool
New York Cotton Market Edges Higher on Rain, Ends Mixed
Moderate demand supported by eastern rain, Liverpool cables, and cotton goods outlook. May futures slipped to 20.72 while July and October eased, closing barely steady with declines around 1 to 5 points. late session trading showed some firming in May over July by about 52 points.
MENTIONED IN THIS ARTICLE
New York
Mar
Liverpool Cables
Ecotton
Liverpool
Cable
Egypt
Manchester
Batter Cakes Digestibility Tip
A brief instruction notes adding a small amount of salt to flour used for batter cakes improves digestibility.
Balsam, N C Hosts East's Highest Railroad Point
The article notes that the highest railroad east of the Mississippi runs at Balsam in North Carolina, located within the Balsam mountains.
MENTIONED IN THIS ARTICLE
Balsam, N. C
Balsam Mountains
Wheat market tumbles as selling drums up volume
In Chicago on March 23 general selling pressured grain. Wheat closed nervous dropping 158 cents to 2 cents a bushel, corn off 3½ to 4 cents, oats down 7½ cents, provisions steady with a 17 cent setback noted. Shipping demand for corn remained fairly active and cash corn trading basis stayed firm.
MENTIONED IN THIS ARTICLE
Chicago
Five Still Seized in Randolph County Distilling Bust
Asheboro March 23 Deputy A. Routh of Providence Township seized 25 gallons of whiskey and a complete distilling outfit at P. A. Jenkins house near Grays Chapel. Jenkins posted $500 bond to await federal court. E. P. Allred stood bond. Officers also found three gallons of whiskey near Guire Williams. further investigation planned. A wedding party of New York Gypsies may visit the camp. Lena John named as bride potential. civil marriage rumors discussed by camp residents.
MENTIONED IN THIS ARTICLE
Routh
P. A. Jenkins
Gray’s Chapel
Asheboro
Mar
A. Routh
Providence Township
Guire Williams
New York
Greensbor
Lena John
Office of the Register of Deeds
Gypsy Camp Near Asheboro Draws Town Interest
Town residents show interest in a Gypsy camp located a mile south of Asheboro city limits. The camp is led by a large family headed by Rhegerie John, with several sons their wives and unusually pretty daughters among those nearby.
MENTIONED IN THIS ARTICLE
Asheboro
John
Rhegerie John
Cottonseed Oil Prices Rise Slightly in N Y Trading
Cottonseed oil traded moderately active and uneven on March 23 in New York. Prices closed about 10 points higher to 6 lower with May and July offerings absorbed by brokers linked to refiners. Sales totaled 5 300 barrels with futures quoted at May 10 53 and July 10 6 74 among others.
MENTIONED IN THIS ARTICLE
New York
Telephone calls in London take longer despite more operators
The report shows average call setup times reached 40.2 seconds in London last year, up from 37.8 seconds in 1927, despite an increase in operators.
MENTIONED IN THIS ARTICLE
London
War veterans in Oklahoma hospital make poppies for pay
In Mukogee Oklahoma veterans housed in a hospital sew poppies to earn money. They receive one cent for every ten cent flower produced, turning factory work into a small income stream for wartime servicemen.
MENTIONED IN THIS ARTICLE
Mukogee
Okla
Tate County Sheriff Lil Campbell Records One Infraction
Mrs. Lil Campbell serves as sheriff of Tate County Mississippi with a single reported law infraction in her tenure.
MENTIONED IN THIS ARTICLE
Lil Campbell
Tate County
Mississippi
Ten Tomlinson Family Graduates From Texas Christian Univ
Ten members of the Tomlinson family of Hillsboro Texas have graduated from Texas Christian University. The family’s achievement highlights multiple siblings earning degrees this year and reflects strong community ties to higher education.
MENTIONED IN THIS ARTICLE
Tomlinson
Hillsboro, Tex
Texas Christian University
Doll head found in eagle crop near Oracroke North Carolina
A doll head nearly two inches across was discovered in the crop of an eagle shot near Oracroke North Carolina. The artifact appeared intact and was recovered by local game wardens. No further details on origin or intent were provided.
MENTIONED IN THIS ARTICLE
Oracroke
N. C
Also Mentioned on This Page
Moore’s Book Store
Newton D. Baker
James W. Good
Charles P. Summerall
Army
Sand Hill
May
Shorts
New York Mart
Sam McCorkle
Mexia
Texas
Hoover
Morris Sheppard
Tom Connally
77Th Judicial District
Randolph County
Mr. Stout
Billy
Jit le Creanery ProNno
All Housewives
Delightful Cleaner Company Greensboro
R. D. Penny
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