Week End Selling Triggers Market Slide in Short Session
In New York on May 20, week end selling pushed stocks lower in a brief trading window. Shares declined from fractions to over two points with about 1,600,000 shares changing hands as traders grew wary before summer. Weakness spread through cotton and wheat while rails and oils drifted. United States Steel and General Motors also eased.
MENTIONED IN THIS ARTICLE
New York
Union Pacific
Owens Illinois
American Telephone
Allied Chemical
New York Central
Johns Manville
Case
American Can
Crown Cork
Dupont
Louisville & Nashville Goodyear
U. S. Steel
General Motors
Higher income and gas taxes present decision on bill
The budget director Lewis W. Douglas outlines a plan raising normal income tax to six percent for $4,000 and ten percent for higher incomes, expands taxation to stock dividends, and boosts the gasoline tax by three quarters of a cent. Yields estimated at $83 million from income tax and $92 million from the gas tax. AFL President William Green and Chamber of Commerce head Henry Harriman back the sales tax plan, while key committee members prefer program number one. Roosevelt plans to present his own tax program next week if no agreement.
MENTIONED IN THIS ARTICLE
Lewis W. Douglas
Treasury
William Green
American Federation of Labor
Henry S. Harriman
Chamber of Commerce of the United States
Doughton
DNC
Ragan
D-Ark
Vinson
D-Ky
Cullen
D-Ny
Roosevelt
Plans for Bank Stabilization and Liquidation Details
A document outlines three groupings within a big bank chain's plan. It proposes orderly asset liquidation without forced losses and promises fair benefits to stockholders while preserving deposits in trust during the transition. Notice will reach depositors creditors and stockholders by mail and newspaper notice in counties with branches.
MENTIONED IN THIS ARTICLE
Federal Valores Bank
Seana
Guttditnn
Hood
Geneva Revival Hopes Rise Amid Warneutrality Talk
Continued report notes Geneva showing revived hopes as armament buildups and neutrality stance shift in wartime. A French spokesman and allies await Germany's actions before stating further positions on rights of neutrality and potential conflict response.
New loans to fund banklong facilities in several communities
Hood says new loans will provide banklong facilities badly needed in a number of communities. In several of these communities there is little prospect of providing such facilities in any other manner.
MENTIONED IN THIS ARTICLE
Hood
US to Define Role in MacDonald Arms Plan Next Week
Secretary Hull announced that Norman H. Davis will outline the United States position on the MacDonald arms reduction plan in Geneva next week. Davis has broad authority to state views, while Hull did not specify the form of the pronouncement. Unofficially Davis may offer readiness for consultations with other nations if a threat of war arises, while keeping American freedom of action.
MENTIONED IN THIS ARTICLE
Washington
United States
Norman H. Davis
Geneva
Hull
State Department
Davis
Ramsay MacDonald
Great Britain
Harriman Faces Death by Own Action at Son's Grave
A man matching Harriman’s description was seen near the East River noon yesterday, gazing into the water. Harriman, under medical care, was brought into court to plead not guilty to a pending charge, with a $25 000 bail set by Federal Attorney Medalie and liable to be forfeited if he fails to appear.
MENTIONED IN THIS ARTICLE
Alfred Rammacca
James Simpson
Harriman
East River
William Haynes Regains Possession of Mule in Court
A mule linked to a dispute between William Haynes and G. W. Hardy was returned to Haynes after a claim and delivery action. The case, heard by Magistrates C. C. Muse and B. A. Woodell, concluded with Haynes awarded possession for failure to complete the balance of payment.
MENTIONED IN THIS ARTICLE
William Haynes
G. W. Hardy
C. C. Muse
B. A. Woodell
Haynes
Hollywood Stars Rise From Family Ties In Film World
Filmland’s stars often enter the business through family connections. Costello’s name helped Dolores and Helen gain screen chances. Richard Bennett built stage and screen renown, yet his daughters Constance and Joan advanced further. The Barry siblings John and Lionel found fame first on stage before films.
MENTIONED IN THIS ARTICLE
Hollywood
Filmland
Costello
Maurice
Dolores
Helen
Richard Bennett
Constance
Joan
Bennett
Richard
John
Lionel Barrymore
Bingham Audience with King Scheduled in London
The audience for Robert W. Bingham now serving as American ambassador to be presented to the king was set for today and to be held in London. The event marks a formal introduction during the royal schedule this Tuesday.
MENTIONED IN THIS ARTICLE
Bingham
London
Robert W. Bingham
Hitler Surveys Nazi Strength in Propaganda Tone
The article notes how film stars like Barrymore and Fairbanks influenced employment in Hollywood via family legacy. Douglas Fairbanks Jr. is highlighted as a rising star, with the Fairbanks name aiding producers. It credits lineage for industry opportunities and broader recognition.
MENTIONED IN THIS ARTICLE
Barrymore
Douglas Fairbanks, Jr
Doug
Butter and Eggs Prices Mix at Chicago Markets
Chicago market notes show butter prices with scores from 92 to 93 and extras around 21 percent. Creamery specials list 93 score, and general firsts and seconds range from about 19 to 21 percent. A separate line reports Megs totals with extra firsts at 12 percent and current receipts at 11 percent.
MENTIONED IN THIS ARTICLE
Chicago
Copper sheet tops as radio aerials
Experimental auto tops fashioned from sheet copper hold fabric by adhesives. This type of top is claimed to function as an ideal radio aerial.
Income from automotive freight in the railroads tax year
Revenue from automotive freight is cited as a key component in the railroads annual tax report. Officials note gains reflect load volumes and pricing during the fiscal year, with emphasis on cross country shipments and vehicle carrier operations.
Highway access limits reach of many U S communities
A vast portion of U S towns rely solely on highway routes for access, with about 415000 communities lacking alternative transport networks. The data highlights dependence on limited road corridors and potential mobility challenges.
Also Mentioned on This Page
France
Adams Millis
Aeeeenee
Alaska
St Am Rad
Atchison Ee
Auburn Auto . Aviation Corp Ee
Barnsdall
Bendix Aviat
Bethlehem Steel
Eklyn- Man
Chio
Chrysler
Colum G
Comwith and Son
Curtiss
del Lack
Reese
Drug Inc
du Pont
Eastman Rod
Elec
Gillette
Goodrich
Goodyear T
Houston Oil
Illinois Cent
Harvest
Nick Can
Eeeetawe Kelvinator
Kennecott
Kroger Groce
Lambert
Seeeetes
Heee
Lorillard
Mo Kan T
Mo Pac
CCPC
Pete
Packard
Jenny J
Penn
Phillips
Pullman
Sears Roeb
Secony
SPEER
Studebaker
Texas Corp
Tex Gulf Sur
Trans America UN Carbide
Ereerer
Indus Alco
U S&s
Steel
U S Steel
Warner
Eve Westinght
High Close PC
Germany
Hugo L. Black
Alabama
Ellison D. Smith
South Carolina
John J. McSwain
Kenneth McKellar
Tennessee
Miles ( Allgood
Lister Hill
Norris
Nebraska
Lee Shrine
Robert BE. Lee
Stratford
Franklin D. Roosevelt
Senate
Charles Lanier
Lee Memorial Foundation
John N. Garner
Dan Thomas
NEA
Hitler
Fairbanks
Gleason
Adolf Hitler
America
Kiel
CWO
W. A. Cooper
Franklin CO
H. L. Bunnell
W. C. Brown
North Wrenn Street
The
Commercial Bank
Elks Shoe Shop
East Green St
Woodmen of the World
Oakwood Memorial Park Cemetery
North State Hatchery
W. Lee ‘St
Greensboro
Dial
Russell
James
Lucille Gleason
Fanny
Gladys Par Mare
Feedwell Cafe
South Main St
W. Sechrest
Majestic
College St
Pat Brown
Washington St
Davis Electric Co
English St
Thurston St
Willowbrook
West Green St
Thomasville
J. N. McCrary
Green Street
Henry D. Perry
Gary
Nsferring
Bruce Carraway
High Point Township
Davidson and
Randolph
R. A. Brown
Boulevard
Charrotte
Greyling Realty Ane
Fay Yaad
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