Nation's Largest Steel Company Seeks $100 Million Open Market
United States Steel Corporation plans to borrow $100 million in the open capital market to finance plant modernization. The move signals a firmer bond market and a need to replace aging heavy industrial equipment. Analysts vary on how many firms will follow, while Chamber of Commerce delegates push for government action to aid re-employment. May trade conditions show little overall change with mixed results across sectors.
MENTIONED IN THIS ARTICLE
Washington
United States Steel Corporation
Chamber of Commerce of the
United States
Commerce Department
Pittsburgh
American Telephone and Telegraph Company
National Music Week Observance Terminated At Wm Penn High
The local observance of National Music Week ends this afternoon at William Penn High School with a program titled An Hour With Music. Groups include William Penn girls glee club, boys chorus, combined choruses from nearby schools, and other ensembles. Public invited.
MENTIONED IN THIS ARTICLE
Wm. Penn
William Penn High School
William Penn Girls Glee Club
William Penn Boys Chorus
Leonard Street
Fairview Street
Jones Junior High School
Premier Quartet
Greensboro
St. Mathew Boys Choir
EB. Burford
National Singers At First Emmanuel Service
The national singers No. 2 from Winston-Salem will perform at First Emmanuel Baptist Church this afternoon at three o clock with no admission charge.
MENTIONED IN THIS ARTICLE
First Emmanual
National Singers
Winston-Salem
First Emmanual Baptist Church
Calvary Baptist Church Plans 29th Anniversary Week
Calvary Baptist Church begins a week of activities today extending to next Sunday celebrating its 29th anniversary and the ninth anniversary of Pastor Rev. J. E. Melton. Leonard Street May Day Festival held on the school play field.
MENTIONED IN THIS ARTICLE
Calvary Baptist Church
J. E. Melton
Leonard Street
Utilities lead stock upswing amid peace pact hopes
The week saw a broad utility oriented rise on the New York Stock Exchange as experts linked it to speculation of a government utility peace pact in the TVA dispute. Securities Commissioner Hanes urged teamwork between power companies and the government to unlock hundreds of millions for construction and replacements. The AP index rose to 67.6 from 66.8, comparing with 108.5 in the 1937 week.
MENTIONED IN THIS ARTICLE
Utilities
New York Stock Exchange
TVA
Utility
Industral
John W. Hanes
Associated Press
Arcanum Will Meet Royal Arcanum Session Monday Night
The Royal Arcanum council scheduled a Monday night meeting at 7 30 in the hall for a business session. All members are urged to attend.
MENTIONED IN THIS ARTICLE
Arcanum
Old Plank Road Council of the Royal Arcanum
Canada Spends 1935 Funds on Street and Highway Paving
In 1935 Canada allocated 19,930,000 dollars to paving streets and highways. The expenditure reflects government efforts to improve transportation infrastructure during the decade.
MENTIONED IN THIS ARTICLE
Canada
1902 Autos Insured Under Marine Policy
In 1902 automobiles were insured under marine insurance protecting owners against collision while the machine was aboard a vessel.
MENTIONED IN THIS ARTICLE
Marine Insurance
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