Weekly Market Letter Highlights North Carolina bonds and rail orders
Municipal bonds rose this week with low short term rates and new issues at small premiums. NC counties show strong demand for mid to high quality issues with yields around 3.5 to 3.75 percent. Treasuries fluctuated but ended near prior levels as expectations shift toward par value for tax bonds. Budd Manufacturing gained as orders for streamlined trains potential rose, while Chicago Rock Island ordered six such trains signaling broader demand.
MENTIONED IN THIS ARTICLE
George B. Craven & Company
North Carolina
Carteret County
Craven County
High Point
Treasury
Europe
Budd Mfg
Budd
Chicago Rock Island and Pacific Railroad
Judge Restraints Textile Strikers in Cumberland
Circuit Court Judge D Lindsey Sloan issued a temporary injunction barring United Textile Workers of America from interfering with Baltimore and Ohio train operations after a second riot at the Celanese plant. The order requires defendants to show cause by December 10 why it should become permanent.
MENTIONED IN THIS ARTICLE
Cumberland
D. Lindsey Sloan
United Textile Workers of America
Baltimore and Ohio
Cumberland Union
United Textile Workers
National Union
Harry W. Nice
Disrupted Christmas Parade Sparks Reader Newsroom Debate
The record recalls a poorly attended Christmas parade with no flute player and floats failing to move. The Enterprise defends its news deadline policy and explains the editing process, urging fresh, timely items from readers.
MENTIONED IN THIS ARTICLE
Abe
Enterprise
Cou
Oxford Refuses Gas Purchase From Local Company
Raleigh Nov 28 The town of Oxford declines to buy gas for retail purposes from the Henderson and Oxford Gas Company which petitions to discontinue service due to unprofitability.
Market prognostication on Budd and Kinney Shoe stock tips
The report favors Budd and Kinney Shoe stocks with buy guidance under specific price levels. Budd common is seen rising from around 23 to 5 6 per share, while Kinney Shoe preferred hit a New Year high and the common is expected to rally under 6.
MENTIONED IN THIS ARTICLE
Budd
Market Street Railway
Kinney
Victim Still Unconscious After Greensboro Wreck
Cooper of Sa mained unconscious here a week after being into automobile wreck.
MENTIONED IN THIS ARTICLE
Greensboro
Cooper
Ford introduces all steel top and integrated body design
The new Ford features a hinged rear hood, a sweeping all steel top, and a V windshield that opens in closed cars. Interiors are precision tailored with safety glass around at no extra charge. New mounting methods reduce noise and enhance safety and comfort. Visit a Ford dealer to see the broadened, low price range.
MENTIONED IN THIS ARTICLE
Ford
Also Mentioned on This Page
Kee Lumber CO
Troxier Furniture CO
English ST
Philco
Hoosier
Troxier
C. Travis
Pes Nece
M. Bk. Patrick
Regu
DIAL
South Main Street
Roof
Genasco
Hedgecock Lumber Company
Ward St. Dial
Torch OF Progress
J. L. Grubb
South Side Lumber Yard
Hulda
Grimes St
Pat Brown
Incorporated
Lat
Madam Ardelle
Dearborn
Ford Finance
United States
Universal Credit Company
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