Securities Market Drops After President's Talk
New York October first. Markets fell after President Roosevelt's fireside talk and the start of government control of speculation. Trading sentiment was mixed with stocks and commodities slipping while bonds eased. the dollar rose against major foreign currencies. National Biscuit and Standard Oil of New Jersey fell to new year lows as analysts cited technical factors and disappointment over unspoken plans for spending, budgeting, and currency stabilization.
MENTIONED IN THIS ARTICLE
New York
Roosevelt
National Biscuit
Standard Oil
New Jersey
President Urges Peaceful Bargaining Between Labor and Capital
The president calls for review of emergency codes to balance production, prices, and employment. He questions wage levels, small vs large employers, and the reach of codes to agricultural labor, while affirming enforceable collective bargaining and better information systems. Unemployment is noted at 106 million and federation membership at 2,608,011 for the year.
MENTIONED IN THIS ARTICLE
Labor Relations Board
NRA
Strife Persists Over Redrafted Federation Programs
The article notes ongoing strife within the federation as 19 points of the NRA program include long term planning and reopening of codes with labor industry and government having the right to partition for such reopening a compliance board remains independent of the NRA administration.
MENTIONED IN THIS ARTICLE
NRA
McAnally Recalls Guard Duty During Local Strike
Charles W. McAnally first lieutenant of the local Headquar ters and Combat Train company spoke to Wesley Memorial Church Young People about his strike duty experiences in this city and Greensboro. He emphasized restraint and lawful action, noting no one was shot and that guardsmen protected workers and strikers while keeping passageways open.
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Charles W. McAnally
National Guardsmen
Young People’s Division
Wesley Memorial Church
Greensboro
Mr. McAnally
National Guard
Supreme Court
Cotton futures open lower amid Liverpool nerves and selling
New York cotton futures opened steady to lower as Liverpool cable delays and southern liquidation weighed on sentiment. Prices for Oct through May futures slipped mid-session with December and May down about 15 to 17 points amid trade buying and later selling. The market remained barely steady by midmorning as comments on the President's radio address sparked mixed reactions.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Southern
New Orleans Cotton Opens Easier as Buyers Sell
The cotton market in New Orleans opened easy with fair activity. Liverpool cables fell sharply and recent buyers sold, with December down to 12.41 and March to 12.53 as favorable belt weather and rising estimated crop aided the easing trend. The undertone remained weak in the first trading half hour.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Crowell Delivers Sermon At Trinity Church
George H. Crowell addressed the Trinity Methodist Church during the evening service on the subject Who Is On the Lord's Side A large congregation heard him speak reflecting on faith and allegiance to divine service.
MENTIONED IN THIS ARTICLE
George H. Crowell
Trinity George
H. Crowell
Trinity Methodist Church
Mr. Crowell
Chicago Livestock Hogs Steady to Slower at Lower Prices
Chicago stockyards report 21,000 hogs sold including 9,000 direct with prices down 25 to 60 cents from Friday. Weights above 200 pounds bring 6.25 to 6.50, 170 to 200 pounds 5.60 to 6.25, lights 5.00 down, most pigs under 3.50. Sows largely 6.40 and down. weights 140 to 160 pounds 4.26 to 5.50. 150 to 200 pounds 5.25 to 6.35. 200 to 260 pounds 6.10 to 6.60. 250 to 350 pounds 6.15 to 6.50. pigs 100 to 130 pounds 2.75 to 4.25.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
U. S. Dept. Agr
Foreign exchange rates in New York market report
The report lists international currency demands and quotes. Great Britain 4.92 percent, France 6.63 percent, Italy 8.62 percent in cables. Other nations show varied rates, with Belgium 23.64, Germany 40.50, Holland 68.24, Norway 24.77, Sweden 25.45, Denmark 22.02, Finland 2.21, Switzerland 32.84, Spain 13.78, Portugal 4.52, Greece 95, Poland 19.12, Czechoslovakia 4.20, Austria 19.04, Hungary 30.10, Romania 1.01, Argentina 2.87, Shanghai 36.50, Hong Kong 49.37, Brazil 8.64, Tokyo 28.77, Mexico City 27.95, Montreal in New York 2.31, New York in Montreal 97.76.
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New York
Britain
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Finland
Switzerland
Spain
Portugal
Greece
Poland
Czechoslovakia
Austria
Hungary
Rumania
Argentine
Shanghai
Hong Kong
Brazil
Tokyo
Mexico City
Montreal
Greensboro coroner's jury rules death by own action
A coroner's jury in Greensboro returned a verdict of death by own action in the death of M. N. Hedgecock a 49 year old railway foreman whose body was found in his office with a bullet through his head.
MENTIONED IN THIS ARTICLE
Greensboro
M. N. Hedgecock
Man Held on Serious Charge in Prospect Street Case
The case against John Piner of Prospect Street for assault with intent to rape on a twelve year old girl was continued until next Monday in municipal court. Piner was arrested last Saturday and is held on a $250 bond. The offense is alleged to have occurred weeks ago.
MENTIONED IN THIS ARTICLE
John Piner
Prospect Street
W. R. Leavings
Piner
Terraplane Car to Start Five-State Ruggedness Run
Horney-Weber Motor announces the Terraplane will begin a ruggedness test across five states starting tomorrow. The car is slated to pass High Point around 2 PM on its first day.
MENTIONED IN THIS ARTICLE
Horney-Weber Motor Company
High Point
Mae
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