Asheville Financiers Acquitted in Long Fraud Trial
Wallace B. Davis and William D. Harris, former Asheville financiers, were acquitted by a U.S. district court jury of using the mails to defraud in connection with $3.655 million in bonds for Central Securities Company of Asheville. Davis led the companies. Harris was vice president. The case followed bonds issued by a subsidiary of Central Bank and Trust Company of Asheville. Davis previously faced state convictions for publishing a false bank statement. appeals to the Supreme Court are pending. No demonstration occurred.
MENTIONED IN THIS ARTICLE
Asheville
Wallace B. Davis
William D. Harris
United States District Court E
Central Securities Company of
Luke Lea
Supreme Court
Negro Confesses Slaying Girl and Fire at Home
Greensboro Oct 1 An inquest into the death of Vera Leonard nine year old victim of Will Moore fifty eight year old negro who confessed to beating her to death and then setting her father's Sumner township farm home afire to burn the body Moore rushed to the state prison at Raleigh after arrest and will be brought to trial a grand jury will hear a murder indictment in three weeks Moore told sheriffs he dragged the girl to a woodpile and struck her with a stick of wood then carried her inside and set the house ablaze the body was found badly charred in the burning farmhouse Moore a Jackson North Carolina native said he had previously been sentenced to prison for murder but escaped after serving three years two other negroes arrested in connection with the crime were later moved to Forsyth county jail officials said they had no connection with the killing
MENTIONED IN THIS ARTICLE
Greensboro
Vera Leonard
Will Moore
Moore
Raleigh
Superior Court
Lacie Crutchfield
Willie Heden
Forsyth County
Winston-Salem
Thomas Leonard
Sumner Township
Stafford
Leonard
Jackson
N. C
Gold standard stands firm as Britain shifts temporary
Hoover administration says no reason to abandon the gold standard or return to bi metals. Senators from silver states and others discuss the issue as a possible public topic for 1932. Britain’s temporary move prompts renewed calls for an international conference on monetary standards.
MENTIONED IN THIS ARTICLE
Washington
Hoover
Great Britain
United States
Capitol Hill
Sheppard
Texas
Borah
Idaho
Walsh
Montana
Shipstead
Minnesota
Ciuzens
Michigan
Southern Woman Seeks Estate Contested Will
Miss Rosa Dow Stansbury, 72, visiting Raleigh, files suit through her attorney to contest the will of Ella Von E. Wendel, the last member of a famous New York recluse family, that leaves the greater part of a $75,000,000 estate to charity. Executors say Stansbury is the only living relative. Her home is Noep Miss, currently a companion to an elderly New Orleans woman.
MENTIONED IN THIS ARTICLE
Rosa Dow Stansbury
Raleigh
Ella von E. Wendel
New York
Miss Stansbury
Noeep
Miss
New Orleans
Eastern NC seeks special session on cotton limits
A Raleigh delegation of 60 to 100 eastern North Carolina residents urged Governor O Max Gardner to call a special general assembly session to pass cotton restriction legislation. Delegation members cited counties Edgecombe Pitt Harnett Nash Halifax Robeson Sampson Duplin Wayne Hoke Johnston. Gardner said he will consider but not rush to act and noted national and southern leaders failing to convene a broader cotton conference. He will assess North Carolina's direction before deciding.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
General Assembly
O. Max Gardner
WN. G. Bartlett
Eastern Carolina Chamber of Commerce
Bartlett
Edgecombe
Pitt
Harnett
Nash
Halifax
Robesor
Sampson
Duplin
Wayne
Hoke
Johnston
Gardner
Reduction in State Auto License Tags
North Carolinians who must buy new automobile license tags after today will pay only one fourth of the usual price. The reduction applies to tag purchases beginning October 1 in Raleigh. The move aims to ease the cost of vehicle registration for residents statewide.
MENTIONED IN THIS ARTICLE
Raleigh
N. C
Wage Cuts Take Effect In Major Corporations
Officials monitoring the industrial pendulum noted wage reductions taking effect across major companies. Reports show a seasonal uptick in loans and mixed activity, with manufacturing employment down 12.4 percent and payrolls down 20.8 percent year over year. New England textile mills and mid Atlantic silk mills show improvement while auto, iron, steel, radio plants and coal mining face cuts.
MENTIONED IN THIS ARTICLE
New England
Washington
Federal Reserve Board
New York
Metal Trades Department
American Federation of Labor
Vancouver
B. C
Senate
Hebert
Rhode Island
Federation of Labor
William Green
Labor Department
Middle Atlantic
Lipton Seriously Ill With Severe Chill in London
Sir Thomas Lipton, eighty, is gravely ill after a severe chill caught while motoring. Doctors attend him as secretary confirms he cannot sail for New York as planned and the voyage is cancelled. He remains described as very ill and holding his own under care of four doctors.
MENTIONED IN THIS ARTICLE
Thomas Lipton
London
New York
Marr Acquitted in Embezzlement Case Tied to Tucker Funds
Wade Marr, former Raleigh broker and partner in Durfey and Marr, is acquitted by directed verdict of aiding and abetting the embezzlement of 116800 from Florence P Tucker estate. Cary Durfey, his partner, testified he could not say Marr knew the estate funds were used by the firm. Durfey convicted and awaiting sentencing on the same estate embezzlement charges.
MENTIONED IN THIS ARTICLE
Raleigh
Wade Marr
Durfey and Marr
Florence P. Tucker
Wake Superior Court
Walter L. Small
Marr
Durfey
Cary K. Durfey
TuckerVi
Nolo Contendere
Tucker
Stimson Hosts Forbes in Sino Japanese Row Over Manchuria
Washington October 1 American Ambassador to Japan W Cameron Forbes met with Secretary Stimson upon arrival from the west coast to discuss the Manchurian crisis. They reviewed recent hostilities near Mukden andChina's demand for redress while Japan signaled willingness for a peaceful settlement. The United States considers its good offices but awaits Forbes input before deciding on new actions to restore peace.
MENTIONED IN THIS ARTICLE
Washington
W. Cameron Forbes
Japan
Stimson
Forbes
United States
Forbest
State Department
China
South Manchurian
Manchuria
Suspense Pool Formed by Cotton Growers
Cotton farmers lacking direction may draw a three cent per pound advance and ship cotton to the Mid-South Cotton Growers Association to wait until December 1. If no instruction is given, the association will move the cotton into the optional pool on that date. Charles G. Henry said the plan answers farmers confusion amid acreage reduction debates.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Mid-South Cotton Growers’ Association
Charles G. Henry
Church Feud Sparks Mass Dismissal in Arkansas
Seventeen First Baptist members in Jonesboro Ark were ousted by a congregational vote amid factional strife over Rev. Joe Jeffers efforts to remove Pastor Dr. D H Heard. The dispute included fist fights at the church and a city hall lawn clash as officers halted a prayer service.
MENTIONED IN THIS ARTICLE
Jonesboro
Ark
First Baptist Church
National Guard
Joe Jeffers
D. H. Heard
Holders Of Lucky Numbers Can Redeem Foreign Bonds at Par
New York October 1. Holders of foreign bonds worth 1,760,000 in open market can redeem them today for 3,550,000 under sinking fund drawings. Some lucky numbers allow cash redemptions of two to five times market value, though most bonds pay in gold dollars. Brazil redeems 413,500 at par. outlook unclear with future redemptions unlikely soon. Some issues trade below half redemption value amid uncertainty and fund needs. London speculators once chased draws for luck.
MENTIONED IN THIS ARTICLE
New York
Republic of Brazil
Brazil
London
Robbery Motive In Rasor Death Scouted
Officers probing the death of W. C. Rasor, Cross Hill retiree and local businessman, considered motives beyond robbery after discovering his watch, initially believed stolen, moved from its usual place to the Rasor residence.
MENTIONED IN THIS ARTICLE
Rasor
Cross Hill
S. C
W. C. Rasor
Raleigh Tax Rate Cut To $1.05 For City Valuation
Raleigh officials set the city tax rate at 1.05 for a valuation around 53 million dollars. The rate drops from 1.15 last year.
MENTIONED IN THIS ARTICLE
Raleigh
Ways of Speeding Up Justice Sought By Federal Courts
Chief Justice Hughes and ten circuit judges sought methods to speed up federal court justice. DOJ officials presented data on congestion and faster litigation to guide judges in formulating reforms.
MENTIONED IN THIS ARTICLE
Washington
Hughes
Circuit Court
Department of Justice
World Series Opener Sees Athletics Beat Cardinals Six Two
Opening game at Sportsman Park featured a crowded centerfield, festive atmosphere, and a six to two victory for the Philadelphia Athletics over the St. Louis Cardinals. Al Simmons belted a seventh inning homer as the champs pulled away after a four-run third inning rally. early innings showcased strong pitching and hard hits from both sides.
MENTIONED IN THIS ARTICLE
Edward J. Neil
Associated Press
Sportsman Park
ST. Louis
al Simmons
Philadelphia Athletics
St. Louis Cardinals
Alan Gould
Bishop
Haas
Cochrane
Gelbert
Cardinals
Roettger
Capi
Oettger
Frisch
Bottomley
Roett
Idle Britishers Storm City Hall in Salford Riot
Unemployed protesters stormed Salford City Hall to demand dole cuts reversal. Dozens were arrested after a morning melee as thousands marched to the square, mounted police charged, and foot officers battled to restrain the crowd. The surge echoed hostile calls recalling the years 1914 to 1918.
MENTIONED IN THIS ARTICLE
Dole
Salford
Lancashire
City Hall
TWO SOUGHT FOR CIRCUS KILLING CHARLOTTE
Charlotte officers search Wilmington for two negro suspects tied to the killing of Fred Pressly during a Hagenback-Wallace circus brawl. Sam Deweese and W W McGraw report suspects described by Fred Harvey amid a prior assault on white youths. Administrators sue circus and Southern Railway for $50,000 in damages.
MENTIONED IN THIS ARTICLE
Charlotte
Wilmington
Fred Pressly
Sam Deweese
Polce
W. W. McGraw
Fred Harvey
Pressly
Hoyt Tims
Willie Caldwell
Harvey
Circus
Southern Railway
Pity Poor Coffee Tasters Since VU S Has Begun Swapping Wheat for Coffee
New York reports a surge in coffee tasting as the Farm Board swapped 25,000,000 bushels of U.S. wheat for 1,050,000 bags of Brazilian coffee. Twelve tasters judge samples, spitting after each sip, while rotating tables and cups aim to grade the beverage.
MENTIONED IN THIS ARTICLE
VU. S
New York
Farm Board
Coffee Exchange
Chicago Plans 8 Million Drive To Aid Idle Workers
Chicago officials launch an $8,800,900 relief fund for the unemployed. Cyr H. McCormick pledges $100,000 as chairman of International Harvester Company, with 200 business leaders soliciting subscriptions across the city.
MENTIONED IN THIS ARTICLE
Chicago
Cyr H. McCormick
International Harvester Com
Cago
Station WSB Atlanta Granted 50,000 Watts
Washington reports the radio commission tentatively allotted high power of 50,000 watts to eight stations operating on clear channels including WSM Nashville and WSB Atlanta, affecting Atlantic coast clear channel assignments and frequency protections.
MENTIONED IN THIS ARTICLE
WSB
Atlanta
Washington
The
Radio Commission
WSM
Nashville
Nate
Also Mentioned on This Page
Davis
Harris
Securities House
Rase
Negro
Randleman Road
Northwestern
Pve
Rie
Miss Rosa Stanbury
Cardner
Federal Reserve
Tucker Funds
Small
Wake Court
Cary Durfey
Tucker Brmry
Tokyo
Arkansas
Jeffers
Grove
Sportsmans Park
Edward J. Nes
Atea
Derringer
Simmons
Homer
Circuit Clout
Macks Fong Rans
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