Stocks React to Bearish Pressure Amid Market Weakness
The U S stock market slipped as bears pushed rails and other sectors to new lows for the year, despite an early strength from farm equipment, oil, food and amusement shares. Utilities faced selling pressure and merger rumors failed to reassure investors. Cotton futures opened steady and rose with July demand, while futures showed modest gains and losses across months.
MENTIONED IN THIS ARTICLE
Interstate Commerce Commission
United Corp
United Gas Improvement
Pennsylvania
Retired Banker Killed in Fall in Park Avenue Home
Louis Kramer 69 a retired banker died after a fall from a twelfth floor window in a fashionable Park Avenue apartment. Detectives suspect dizziness at the open window caused him to fall. body identified after some delay in the rear courtyard.
MENTIONED IN THIS ARTICLE
New York
Louis Kramer
Park Avenue
Kramer
Stock Quotations From Adams Millis to Vick Finance
Listing of miscellaneous stock quotations with percentages for Adams Millis Com Sou Continental Macy Amer Inv Co and Vick Finance. Quotes show percentages around 29 18 28 6 8 with various abbreviations and formatting typical of early financial pages.
MENTIONED IN THIS ARTICLE
Adams Millis
Com
Continental O
BO Macys
Cinesk Seaeuvanene Amer Inv
Coe
Stock Prices Take Tumble
NEW YORK May 1 The stock market plunged in a headlong decline led by railroad shares hitting new lows for the year. Losses of 2 to 6 a share were common across most groups with some drops reaching 15. Weak first quarter earnings and forecasts for a weak second quarter spurred liquidation in rail issues. Early trading saw some rise on rate-cut hopes but rapid rail declines dampened optimism.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Bank of England
Bank of France
New York Reserve Bank
Cotton Opens Steady for May as Near Term Shorts Cover
New York May 1 report shows cotton opening steady with a 1 to 11 point advance on near month shorts covering and some buying of new crop positions. May rises to about 16.55 while October gains modestly to near 14.90 before easing. Liverpool notes reduce bank rate with continental selling as India threatens contracts impacting Manchester cotton goods.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
New York
Continental Liquidation
Manchester
India
P. C
Doctors' Meeting at Pinehurst Elects Officers, Durham Next
Delegates to the North Carolina Medical Society completed their Pinehurst gathering and chose Durham as next year's meeting city. Officers elected include Dr. J. G. Murphy of Wilmington as president, Dr. M. L. Stevens of Asheville as president-elect, Dr. Deoe A. Julian of Greensboro as first vice president, and Dr. J. W. Davis of Statesville as second vice president.
MENTIONED IN THIS ARTICLE
Pinehurst
N. C
North Carolina Medical Society
Durham
J. G. Murphy
Wilmington
M. L. Stevens
Asheville
de Oe A. Julian
Greensboro
J. W. Davis
Statesville
Ford Team Converts Garbage to Useful By-Products
Henry Ford reports progress on turning municipal garbage from Dearborn dining tables into commercial by products. A Ford plant consumes about 1.5 tons daily, yielding ethyl and methyl alcohols, benzoil, two gallons of light oil, eight gallons of tar, gas for retorts, and a residue valued as fertilizer.
MENTIONED IN THIS ARTICLE
Detroit
Henry Ford
Ford Motor Company
Ford
Dearborn
Suit Seeks 450000 From Goldsboro Bank Directors
In Goldsboro on May 1, a group of stockholders and creditors filed a $450,000 suit in Wayne Superior Court against the directors of the now defunct Peoples Bank and Trust Company. The complaint accuses mismanagement for the bank’s failure after it operated under state banking laws before closing January 13, 1892. Plaintiffs include A. W. Parks John J. Holmes George Holmes Ellis P. Lupton H. E. Parks and J M. Davis.
MENTIONED IN THIS ARTICLE
Goldsboro
Peoples Bank and Trust Company
Wayne Superior Court
A. W. Parks
John J. Holmes
George Holmes
Ellis P. Lupton
H. E. Parks
J. &M. Davis
Guessers continue in High Point estimates of population
Readers submit guesses for High Point population with figures ranging from the mid 28 thousands to the mid 40 thousands. Names and addresses accompany many guesses as residents and outsiders weigh growth, with several residents predicting substantial expansion in five years.
MENTIONED IN THIS ARTICLE
Plato Berry
Herman S. Meredith
Horatio Street
Tampa
Fla
Linda Fraley
Hamilton
L. W. McCauley
Flint
Laddie Adelaide
BA. Riley
J. W. Morrison
Howell
J. S. Beaver
Fisher
Plaza Berry
Boulevard
S. M. Newell
Lexington Avenue
W. A. Harper, Jr
Forrest Avenue
H. Clay’ Briggs
Sol East Green
Walter Royal
Pine
Clay Bean
High Point
H. A. Freeman
Burton
Frank Bynum
Oak Hill Grocery
Thurman Cook
Fo. FZ
Thomasville
William C. Jones, Jr
Woodberry Forest
James G. Adams
Ennis
L. B. Williams
Richardson
Mrs. L. B. Williams
H. T. Douglas
Colonial Drive
A. W. Phillips
Station C
Hazel Phillips
Pickett
Jacob Rabinowitz
Morris
E. S. Callicutt
South Main
H. T. Webster
Springdale
H. J. Winslow
Osborne
J. D. Hinshaw
Adams
R. E. Cress
Harold L. Gilliland
Also Mentioned on This Page
Carda
C. A. Jones, Jr
Sheraton Hotel
Mr. Jones
Frances Atkins
Charlie M. Brown
English Street
Studebaker
Fourth Street
Smith
Hoover
Main St
Armateur
Cummings Electro Chemical Co
W. Green Street
A. F
Stewart’s S. & B
Hutchen’s
Younts
P. H. Johnson
National Food Stores
High Point Hardware
Sheroff Hardware
Kester Furniture Co
Cleatus Dennis
Mnice Dennis
Thurston
Elm Street
Weet Green Street
Chestnut and
Meadow Streets
Lindsay Street
Montheu Avenue
Hamilton Street
Redding
Cross Street
Hillcrest Mill
Ridgecrest Drive
West Point Avenue
North Wrenn Street
Springfield Avenue
Everett Street
Atlantic Ins. & Realty Company
Campbell Street
J. N. McCrary
Hayworth Springs Road
West Russell Street
West Bay Street
Richland Avenue
Chestnut Street
C. M. Cecil
Taylor Street
Franklin Street
Woodrow Avenue
Thurston Street
Green Street
Tomlinson St
West Green Street
Ring Drug _ Co
J. P. Rawley
Pope Street
J. N
Mechanicsville
Moffitt Street
London
Park St
Thistle St
Davis Street
W. S. Atkins
Montlieu Avenue
Josephine Gibson
Martin
Warner Bros. Transfer Co
W. Broad St
L. C. Smith and Corona
Cecil’s
Chas
Woosley
Clemmons Poultry Farm
Clemmons
West Commerce Street
B. A. Woodell
Justice of the Peace Notary
Askin
W. OC. Brown Shoe Shop
West End
Ideal Shoe Shop
N. Main
Harvey's Shoe Shop
Rawleigh
North Carolina
W. T. Rawleigh Co
Dept
Richmond
Chick
Cramin
the Finnegans Wiy
NEA Service, Inc
Chevrolet
Pontiac
Grimes Street
S. D. Snyder
Wolverine Trimming Shop
N. Wrenn St
Eugene
Lovell
Emily
L & S Motor & Welding CO
General Auto
Firestone
East
Washington St
Union Realty CO
Commercial Bank
Campbell W. Ansley
Mgr
Ben Derond, JR
Washington, D. C
Radio Engineering Laboratory
J. L. White Realty
O. Hood Bank
New High School
J. A. Myatt
Atlantic
INS. & Realty Company
Amos Realty CO
Wachovia Bank
N. Hamilton
Wesley Place
L. B. Moorefield
Johnson St
Claude A. Jagger
AP Financial
Chborke
Chicago
Tnnnia Sinnionnlosten
Bruogs
PSOE
Bse
Ben Bee
AM Bus
Wheeieva
Davidson Chem
SP AG Iss
OeNs
Dupont
Foster Wheeler
Freeport Texas
Grigsby Grunow
Ieee
Kennecott
Oie
Liggett Myers BR
Eogwh Inc
Eaecuwe
SV Riot
Evi
Eae
Bees One
Monty Ward Sk
Monty Ward Sk Eee
Paw
Eas Natl Bis
Aeena Eee
Natl Dairy Prod
Y Central Sp
MT Ae
PIA
Hk Er Wwe
Cees Ae
Packard
Pan Am
Penn
Phillips
Reynolds Tob
Royal Dutch
Schulte
Um Corp
Pere
U S Rubber
UD S Steel
Wamadium
Ward Baking B
Tives Ck
By Cowan
South Main Street