Relapse Sways Stock Market After Rally Stalls
The market faltered as investors cooled to prices after a prolonged rally. Major issues such as Bethlehem Steel Dupont Eastman Kodak Case and Allied Chemical dropped 4 to 6 points while copper stocks slid 2 to 8 points. Exports fell 38 percent from last year and imports rose 86 percent with overall dollar volume down.
MENTIONED IN THIS ARTICLE
Claude A. Jagger
Associated Press
New York
Bethlehem Steel
Dupont
Eastman and
Case
Allied Chemical
Anaconda
Kennecott
Cerro de Pasco
American Smelting
United States Steel
Westinghouse Electric
American Telephone American Can
American Water Works
Columbia Gas
North American
Bracken
Manitoba
Wheat Market Strength Driven by Farm Board Purchases
Chicago wheat surged as federal farm board allies expanded ownership of futures, reportedly above 20 million bushels. Officials indicated further buys could occur to support domestic prices. Wheat finished 1/4 to 1/2 cent higher, with corn and oats up to 1% to 1 1/4 cents and provisions mixing.
MENTIONED IN THIS ARTICLE
Chicago
Federal Farm Board
Hog market report from Chicago shows price gains
Chicago dealers reported hog prices rising with 53,000 head slaughtered. Direct sales reached 30,000 with slow to strong demand and gains up to 10 cents higher than Friday's averages. Top 8.80 for 1560 to 160 pound hogs, bulk weights 8.60 to 8.70, sows quoted 7.40 to 8.00.
MENTIONED IN THIS ARTICLE
Chicago
U. S. Dept
December Calendar For Civil Court To Be Made Saturday
Greensboro Nov 17 Judge Michael Schenck said the calendar for the December first term of Guilford civil court would be made on Saturday Nov 22 at 19 a m. Civil term open showed no High Point cases for trial that day. The Maxey Medicine company v High Point case and Armfield v Terry were continued. Austin v High Point moved to motion docket for Saturday with other notices.
MENTIONED IN THIS ARTICLE
Enterprise Greensboro
Michael Schenck
Guilford
High Point
H. B. Maxey
The
Maxey Medicine Company
Diana G. Armfield
R. B. Terry
J. Allen Austin
Bomb harms Danville mill worker home injures none
A bomb under the residence of James Price a Black mill worker in the Schoolfield mills Danville Virginia wrecked the interior tore floor and rear wall but Price his wife and five children escaped injury. The report lists livestock prices and market figures following the incident.
MENTIONED IN THIS ARTICLE
Danville
James Price
Schoolfield Mills
Price
New Orleans Cotton Opens Quiet as Prices Edge Down
The New Orleans cotton market opened quiet with Liverpool cables lower. December fell to 10.94 and January to 11.12 before a rally lifted prices 3 to 4 points from early lows. by noon the market steadied near the top, with December at 11.04 and March at 11.49 as shorts covered.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
P.C
Clearing House Totals From New York Exchange
Closing House report shows exchanges at 819 009000 dollars with balances of 148 000 00 dollars. This summary notes the New York clearing house totals for the period observed on November 17.
MENTIONED IN THIS ARTICLE
Closing House
New York
Clearing House
Planes Avoiding Fog Bound Area Over Metropolis
Fog shrouds New York area for four days as aviation and water traffic navigate murk. Only two of 54 Newark planes booked for Boston departure succeed. others divert to Albany or Roosevelt Field, while a Cleveland mainline lands in Bellefonte. Reginald Longhorne Brooks and Gerald Nettleton feature among pilots amid thick fog and delayed ships near Sandy Hook.
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New York
Newark
Boston
Cleveland
Bellefonte
Albany
Roosevelt Field
Regi
Nald Longhorne Brooks
Lady Astor
Aviation Country Club
Hooksville
L. I
Gerald Nettleton
Toledo
Long Island Sound
Sandy Hook
Thornley Murder Trial Opens in Orangeburg
W L Sporty Thornley charged with murder of State Senator E J Dennis and Glenn McKnight as accessory were placed on trial in Orangeburg South Carolina. Thornley and McKnight stood mute at arraignment. Curtis Thornley also faces an accessory charge though his case was not called. Jury selection began with eleven jurors chosen from 30veniremen. six more veniremen joined in the afternoon to complete a 12 member panel.
MENTIONED IN THIS ARTICLE
Orangeburg
S. C
W. L
Sporty) Thornley
E. J. Dennis
Glenn McKnight
Thornley
Dennis
Curtis Thornley
Sporty
McKnight
Sporty Thornley
Iel
DeSoto Welch
New York Cotton Opens Steady After Early Decline
New York cotton opened steady after an initial drop of 1 to 5 points as Liverpool cables showed hedging and liquidation. Trade buying and covering absorbed offerings as December eased to 10.90 and May to 11.64 before a late morning rally. Trade бы boosters supported by marketing organizations kept liquidity, with December liquidations shifting into later months.
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New York
Liverpool
Liverpool Cables
Manchester
P.C
Bettie Evans Mills 80 Oldest Member at Edenton Street Church
Mrs Bettie Evans Mills 80 longtime member of Edenton Street Methodist Church Raleigh NC is noted as the oldest member in her church community.
MENTIONED IN THIS ARTICLE
Raleigh, N. C
Bettie Evans Mills
Edenton Street
Methodist Church
Guilford, Noted Washington Church Leader Dies
Washington DC reports the death of M. E. Guilford aged 58 a prominent citizen and church leader known for community service and religious work in the capital.
MENTIONED IN THIS ARTICLE
Washington, N. DC
M. E. Guilford
Jones Dominates Golf With Five Major Trophies At Once
The article chronicles Bobby Jones’s rise from a Philadelphia club player to a record six major titles, culminating in 1916 1923 and a 1923 season where he swept the five majors and captained the U S Walker Cup team. It notes his 13 national titles across United States and Britain and his unique feat of holding all five majors at once.
MENTIONED IN THIS ARTICLE
Philadelphia
Bobby Cruickshank
United States
Inwood Country Club
Long Island
Jones
Great Britain
Merion Cricket Club
Atlanta
Chicago Motor Club notes fall motor travel gains
Chicago motorists head south despite hard times with trips to Florida up 34 percent and California up 23 percent compared with last year. The Chicago Motor Club cites better roads and a shift to fall or winter vacations as reasons for the rise.
MENTIONED IN THIS ARTICLE
Chicago
Middlewest
California
Florida
Chicago Motor Club
Reverend E Eugene M Snipes Dies at 62 in Durham NC
Durham obituary notes the death of Rev. E Eugene M. Snipes 62 a minister in the North Carolina Conference of the Methodist Church. He served regional congregations and was known for community service and pastoral leadership.
MENTIONED IN THIS ARTICLE
Durham
N. C
E Eugene M. Snipes
North Carolina Methodist Conference
Widow of Alamance pastor hailed from Scotland
Greensboro report notes Mrs. William St Milne, a native of Scotland and widow of the former pastor of Alamance Presbyterian Church, associated with the church and its community.
MENTIONED IN THIS ARTICLE
Greensboro
N. C
William St. Milne
Scotland
Alamance Presbyterian Church
Repeal Volstead Act Urges Beck
Washington reports Rep Beck of Pennsylvania proposes repeal of the Volstead Act to leave enforcement of the Eighteenth Amendment to the states while opposing repeal of the amendment itself. He cites election results to warn parties against sidestepping prohibition and notes F Ges Tinkham pushes for Attorney General Mitchell to present grand jury charges against Bishop James Cannon Jr for corrupt practices act violations. Cannon is hospitalized with a severe arthritis attack.
MENTIONED IN THIS ARTICLE
Washington
Representative Beck
Pennsylvania
United States
Tinkham
Republican
Massachusetts
Mitchell
James Cannon, Jr
Prohibition
Virginia
Cannon
Winston Insurance Man Found Dead In Residence
Winston-Salem, N C Nov 17 A 47 year old insurance man J A Barrus was found dead at his home with wrists and throat cut a note on a table asked to notify Mrs J A Barrus Asheville NC and police said he was despondent over finances he was taken to a hospital where he was expected to recover
MENTIONED IN THIS ARTICLE
Winston Insurance
Winston-Salem
N. C
J. A. Barrus
Woodfin Street
Asheville
Barrus
Cheating Author To Face Trial Tonight
Milton Abernethy a junior at North Carolina State College faces a second trial by the college student council for an article that reflected on students and harmed the school. Convicted November 1 he was suspended for two years pending the new trial after the college court of appeals granted a rehearing. He stated the piece drew on a professor’s master’s thesis.
MENTIONED IN THIS ARTICLE
Raleih
Milton Abernethy
N. C. State College
College Student Council
Aberneth
College Court of Appeals
Abernethy
State College
Rocked by Loss Railway Veteran Ethna Gordon Dies
Ethna D Gordon 55 a noted railway employee dies in Rocky Mount N C He survived by his mother and three children The note appears amid a separate item noting 162 Italian cinemas now equipped for sound films indicating a period interest in cinema technology.
MENTIONED IN THIS ARTICLE
Rocky Mount, N. G
Ethna D. Gordon
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