Simmons declares stock market loans base of American welfare
E H H Simmons president of the New York Stock Exchange told the Chicago Stock Exchange that stock market loans underpin American industrial welfare and any curtailment would choke growth. He argued prosperity has continued despite high money rates and urged the Fed to keep a hands off policy, saying the market can self correct.
MENTIONED IN THIS ARTICLE
Chicago
E. H. H. Simmons
New York Stock Exchange
Chicago Stock Exchange
Ile
Federal Reserve System
Simmons
New York Cotton Opens Steady On Mixed U.S. Signals
Cotton opened steady in New York as declines in early trading gave way to modest gains after favorable weather maps and bullish domestic consumption estimates. Liverpool cables showed liquidity, India cloth demand remained strong, while China trade disappointed. Bananas banned in Italy and 5,148 internes in U.S. hospitals noted.
Say His Fortune Was Rebel Loot Seized in New York City
Salvatore Ateca was held for grand jury investigation on conspiracy charges after police seized about $150,000 described as rebel loot from Mexican banks in New York City. He claimed wealth and that the money was his own and sought deportation with the funds to Spain.
MENTIONED IN THIS ARTICLE
New York City
Salvatore Ateca
Ateca
Spain
Jury Hangers 12 Face Prosecution In Liggett Case
Nashville authorities pursue contempt charges against two men for conspiring to influence the Liggett murder jury in the Turney Cunningham slaying. The estate seeks bond denial for B P Osburn Rainey Creswell and Walter Liggett after a second mistrial. Liggett and Creswell were arrested. Osburn’s father allegedly discussed bribery. Cunningham, a hotel manager, was killed last fall.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Walter Liggett
Turney Cunningham
Richard M. Atkinson
Ben Osburn
Liggett
B. P. Osburn
Rainey Creswell
Creswell
Fix’ Osburn
Ligget
Atkinson
Cunningham
Turbulent Wall Street Mixed Gains as Stocks Show Variance
New York stocks display mixed performance with notable gains in Am Beet Sugar Amoco and Armour while industrials like General Electric and Westinghouse show uneven results. Strong totals indicate broad market activity amid fluctuating demand and corporate reports.
Wheat and grain markets ease after government crop report
Chicago May 10 Wheat prices eased with a net decline after the government crop report lessening expected 1929 winter wheat output. Corn oats and rye show mixed moves with slight shifts, while futures for lard ribs and bellies edge higher on modest trade.
MENTIONED IN THIS ARTICLE
John P. Boughan
Associated Press
Chicago
Summer frock described with calico print and coordinating shirt
A bright red and yellow flowered calico skirt pairs with an off white batiste tucked shirt and a flowing calico four in hand tie creating a coordinated summer outfit.
MENTIONED IN THIS ARTICLE
Batiste
Fish Net Hosiery Promises Expensive Exotic Mesh
Expensive and exotic stockings described as dia phanous new silk with wide open mesh patterns. The sunburn shade is noted as highly decorative and stylish.
Evening purses charm in beaded pastel patterns
The beaded evening purse in off white with intricate pastel beadwork remains highly popular. It pairs with chiffon frocks and suits many looks. The passage notes a height standard for British infantry soldiers at feet 2 inches.
Michaelson and Gramm Leave Fla in Prohibition Case
In Key West May 10 the Michaelson prohibition case party heads home with Illinois congressman speeding to Washington and Walter Gramm to Chicago. Gramm must return to Jacksonville Monday for a federal grand jury probe of liquor brought from Cuba. Gramm faces possible indictment over trunks said to hold 12 bottles of liquor. Gramm was released on a $2,000 bond returnable in Jacksonville.
MENTIONED IN THIS ARTICLE
Key West
Fla
Michaelson
Illinois
Washington
Walter Gramm
Chicago
Jacksonville
Cuba
Gramm
Liverpool Cotton Prices and Futures Steady
Liverpool cotton prices ease across all grades with American designation strong in sales of 6000 bales including 4000 American. Receipts reach 18000 with 14400 American. Futures close steady with May at 9.91 cents and July 9.89 cents.
MENTIONED IN THIS ARTICLE
Liverpool
Stocks Soar on Bullish Rush After Credit News
A brisk rally on Wall Street followed favorable credit developments and a lower call money rate. Many issues rose 2 to 10 points with several hitting new yearly highs, led by United Corporation, Consolidated Gas, Sparks Withington, and Atlantic Refining amid broad pool activity and strong earnings reports.
MENTIONED IN THIS ARTICLE
New York
Wall Street
New York Federal Reserve Bank
Simmons
Chicago Stock Exchange
Federal Reserve Board
United States Steel Corporation
Atlantic Refining Company
General Electric Company
United Corporation
Consolidated Gas
Sparks Withington
Vick Chemical
American Can
American Busch
Woolworth
Commonwealth Power
Underwood-Elliott-Fisher
Westinghouse
Chesapeake Corporation
Atlantic Refining
Barnsdall
Radio
Raw sugar steady as refiners fail to spark demand
May 19 New York raw sugar prices held at 3.58 as no sales were reported. refiners planned to advance to 5 cents for fine granulated by tonight's close but demand remained dull with several refiners accepting orders at 4.75 for fine granulated, 15 points below yesterday.
MENTIONED IN THIS ARTICLE
New York
Congress Debates Tariff Bill Amid House and Senate Actions
The House conducts general tariff debate while the Senate weighs farm bill amendments. Midwest Republican delegations seek delay on tariff bill rules as other committees advance proposals on radio supervision and military funding. Senators attack and defend farm program shifts as flood control and debenture issues surface.
MENTIONED IN THIS ARTICLE
Senate
House
Republicans
Michigan
Pennsylvania
Senate Interstate Commerce Committee
Federal Communications Commission
Senate Military Affairs Committee
Fess
Ohio
Borah
Nye
Brookhart
Smoot
Senate Finance Committee
Radio Commission
Senator McKellar
Tennessee
American Taxpayers League
Mellon
Senate Manufacturers Committee
Robinson
Arkansas
Brand
Georgia
New York
Gerner
Texas
Joseph R. Grundy
Mississippi Valley
Hoover
James
House Military Affairs Committee
Army Air Corps
Silken Laces Dress Detail in Navy Crepe Roma
A navy blue crepe Roma dress features laces at the elbow sleeves and a white georgette vestee. Delicate self fabric lace trims decorate the skirt yoke sides for a refined ensemble.
Motion to Dismiss Case Against Miller Denied
Judge Clayton Moore overruled the defense motion to dismiss the first degree murder charge against Percy Miller for the Pat White shooting. The trial resumed after a night’s adjournment with the state resting at noon and defense argues self defense and lack of premeditation.
MENTIONED IN THIS ARTICLE
Edenton
Clayton Moore
Percy Miller
Pat White
Windsor
Moore
Paul Escoffery
Durham
Parker
Matthews
Escoffery
Glove Styles for Evening and Afternoon Wear
Silk fashion note highlights eight button length gloves pairing with three quarters wide sleeves. Describes evening options in stunning off white tones and suggests coordinated accessories for formal attire.
Industrial hospitals in the United States counted
Industrial hospitals in the United States number 169 with a capacity of 7 290 beds.
MENTIONED IN THIS ARTICLE
United States
Cancelled check recorded in Guilford County court records
The Guilford County Superior Court for the first time records a cancelled check by the register of deeds. A. P. Brown of this city presented the March 28 1925 check for 2600 dollars to Arthur Kirkman for lots 14 15 16 and 18 on the Victor Johnson farm. Brown says the check was cashed but he never received a deed and a suit is expected. The recording aims to put the matter on record irrevocably.
MENTIONED IN THIS ARTICLE
Guilford County Superior Court
A. P. Brown
Mason Gant
Arthur Kirkman
Victor Johnson
Brown
Cotton futures steady after rally on Texas crop outlook
New Orleans May 10 The cotton market opened softer on Liverpool cables and weak textile stats with July to December prices slipping in early trades. Bulls returned as Texas crop data and higher domestic mill usage boosted futures to about 13 to 15 points gains from session lows, with July near 18.60 and December around 18.70 as traders awaited weekly statistics.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Hester
Texas
Chicago Livestock Prices Open Lower on Hogs Cattle and Sheep
In Chicago May 10, the USDA market reports hogs opening 10 2 lower with later trades 25 49 lower. prices range 9 11.40 for various weights. Cattle and calves steady to easy on meager supplies with notable prices for high grade steers and cows. Sheep active 10 25 higher with lambs around 14.60 14.75 and ewes 5.75 7.00.
MENTIONED IN THIS ARTICLE
Chicago
UCDA
Also Mentioned on This Page
Stock Mart
N. Y. Stock Exchange
Chicago Exchange
India
China
Italy
Wes
Carolina Meat Market
East Commerce Street
Black Hawk
R. B. Silman
Csiccsdeves
Baldwin
Beth Steel Osceesboveanes
Canton Mills
Cssssnveee
Pacific
Scicesemsss
Ches
Eeesse Eee
Colorado
Davidson Chem
Greéne-Cananen
Houston of
Hudson Motore
Hupp. Motors
Bae Sl
M Boics
Lorillard
Ward Diss
UROR
Psekara
Pan Am Pet
Pmt
Fam Lasky
LO Philips Morris
Phillips Petrol
Seeceseccess
Sikh Radio
Cpoe
Reynolds B
Schulté
Sears Roebuck
Sineiait
Son Dairies A
Sou Pacific
Bilee Iw
Osu Sem
Aeen Lee Woolworth
Erick, Si
Chicago Grain
Yale
Tion
Charles B. Clark
Connecticut
Yale Law School
Robert M. Hutchins
University of Chicago
Clark
Michaelson and
Stanlel W. Prenosil
AP Financial
Canada
Canadian National Railway
Toronto
J. C. Burkholder
Bell Laboratories
Burkholder
Congress
Lucille Hyatt
Central Amateur Athletic Union
Lucille
Chauncey A. Hyatt
Fromer Aquatic
Miller
Dee
Chicago Livestock
Rexall
Savery Bay
Perfume Pree
National
Jenry S. Wamod
Lagnesi
Castoria
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