Credit Uneasiness Pushes Stocks Down
Stocks drifted lower amid credit worries as the San Francisco Fed raised the discount rate to 5 percent and major banks signaled support for high rates. While some high priced issues hit new records, overall market pressure persisted with weak oils and commodity shares. All sectors faced selling and thin buying revival efforts struggled to gain traction.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosts
Associated Press
Neww York
San Francisco Federal Reserve Bank
New York
Chicago
Burroughe
Sparks
Curtiss Aeroplane
Allied Chemical
Postum
Auburn Auto
Case Threshing Machine
Greene Cananea Copper
Otis Elevator
American ‘Tobacco B
Spiegel May Stern
Anaconda
Borg Warner
American Smelting
American Can
United Aircraft
Simmons
General Railway
New Orleans Cotton Market Hits Active Early Trade
The New Orleans cotton market opened strong despite Liverpool’s holiday, with July up to 18.97 and gains of 21 to 26 points above yesterday’s close. By mid-session the market steadied near the top as rains grip the belt and weekend forecasts warn of continued bad weather.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Wall Street
P. C
Chicago Livestock Market Report May 18
Chicago hog and cattle prices move mixed with strong finish for some hog grades. Hogs see top around 11.10 per 200 pounds, with weights 260 to 300 pounds at 10.65 to 10.75, while cattle show overall weakness for lesser grades and gains for some heavy beef cattle.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
Nebraska
Sea cycle sails across Channel with Mile. Aimee Planner
The French mannequin Mile Aimee Planner rides a sea cycle between Dover and Calais. She pedals for publicity as a modern revival of a pastime popular in the 1990s, pictured amid a flurry of coverage.
MENTIONED IN THIS ARTICLE
Emma
Aimee Planner
English Channel
Dover
Calais
Production of Cotton Goods Eases Off in New York
Production of cotton goods is easing and unfilled orders are down slightly as trade slows due to cool wet weather. Prices have eased on print cloths and sheetings with some contracts for summer deliveries, while orders for special cloths rise and curtain materials sell freely. Prices listed include print cloths 28 in 64x60s at 5 1 2 cents and brown sheetings at about 12 4 to 12 4 cents.
MENTIONED IN THIS ARTICLE
New York
New York Cotton Opens Steady With Gains on Rainfueled Covering
The New York cotton market opened steady with advances of 6 to 12 points as active new crop covering and old crop buying pushed July to 18.85 and December to 18.95. Rain reports and holiday closures delayed Liverpool cables, keeping sentiment firm after early gains.
MENTIONED IN THIS ARTICLE
New York
Liverpool
P. C
Tenner
April NC violent deaths total 116, includes 52 auto deaths
North Carolina recorded 116 violent deaths in April. Of these 52 were due to automobile incidents, 15 died from burns, 9 from drownings, 4 in railroad accidents, 15 homicides, and 15 personal crisis reports. Gunfire caused six deaths, two accidental and four from other causes.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
State Department of Health
Equalization Board to Allocate $6.5 Million School Aid
The North Carolina state board of equalization meets in Raleigh to start distributing a $6.5 million school equalization fund. $5,250,000 is set for six month term aid and $1,250,000 for special districts with eight month terms. The process will span several days before final allotments are announced.
MENTIONED IN THIS ARTICLE
Raleigh
State Board of Equalization
General Assembly
Community Chest
Salvation Army
Board of Public Welfare
Boy Scouts
Humanity
High Point
Auditors Propose Monthly Farm Visits by Iowa State Expert
W. G. Murray of Iowa State College urges traveling auditors to visit farmers monthly. Northwestern University bears annual expenses of 10 million dollars in Evanston according to the city real estate board. The United Daughters of the Confederacy funded a scholarship at the University of Chicago for descendants of Confederate veterans.
MENTIONED IN THIS ARTICLE
W. G. Murray
Iowa State College
Northwestern University
Evanston, Ill
The
United Daughters of the Confederacy
University of Chicago
April Weather Warmer Than Normal Across North Carolina
April 1930 records show the state heat peak with New Bern and Goldsboro hitting 95 degrees and Mount Mitchell at 18 in mid month. Statewide mean reached 61.2 degrees, 35.4 above normal, while precipitation averaged 3.12 inches, slightly below normal across 70 stations.
MENTIONED IN THIS ARTICLE
Raleigh
United States Weather Bureau
New Bern
Goldsboro
Mount Mitchell
Murphy
Highlands
Venona
Edenton
Lee A. Denson
Albemarle Sound
Pitt County
Bunioneers Splash Mud On 40 Mile Big Springs Run
Colorado Texas May 18 bunioneers discard shoes to run mud splashed 40 mile lap to Big Springs. Sam Richman New York captured yesterday’s 28 mile jaunt ahead of Paul Simpson Burlington NC to fourth in elapsed time. Leaders Gavuzzi Salo Umeri Richman Simpson with times listed. Game fish 4 250 000 to be released in N C streams. A 165 foot campanile will rise on South Dakota State College Brookings campus.
MENTIONED IN THIS ARTICLE
Colorado
Texas
C. C. Pyle
Big Springs
Sweetwater
Sam Richman
New York
Paul Simpson
Burlington
N. C
Pete Gavuzzi
England
John Salo
Passaic
N. J
Giusto Umeri
Italy
South Dakota State College
Brookings
Also Mentioned on This Page
California
United States
Alabama
Bliss
Louisiana
Wisconsin
Minnesota
North Dakota
Idaho
Louisville
Cleveland
Greek Orthodox Church
Elmharet
Chicago Suburb
Tives
Lee
Armour A
Armour Beeeweere
Ches and
Ohio
Chrysler
Davidson
Outch
West Sugson
Green-Cananea
Houston Oil
Nickel Can . We
Liggett
M B
Lorillard
Sheen
Monty Ward
Nash Mtrs
Norftk Sou
Packard Ee
Pan Am Pet UE Caalg
Studebaker
Texas Corp Sae
Timken Roller Big
U S
S Steel
Univ Leaf
Va Carolina Chem
Westinghouse Elec Weae
Willys Overland
Western Union
Woolworth Oe
Equalization Board
Ethel
Weather Bureau
Cape Fear
Neuse
Roanoke
Hatteras Station
Linville Falls
Parker
Asheville
Charlotte
Hatteras
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