Fall Market Slide Reveals Violent Sell-Off On Wall Street
On October 19 the New York Stock Exchange saw a fifth straight day of heavy losses with many leading issues dropping from 85 to 23 a share. Trading surged to about 3 million shares in a two hour period as panicky selling spread amid rumors of a major operator in trouble. U S Steel held at 209, down 2.25, while General Motors and others slid 2 to 3 dollars to new lows for the year. Auburn Auto tumbled 25, Westinghouse 13, Eastman Kodak 11, and GE and Montgomery Ward about 10.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
U. S. Steel
General Motors
United Gas Improvement
United Corporal
Auburn Auto
Westinghouse Electric
Eastman Kodak
General Electric and
Montgomery Ward
American Telephone
Consolidated Gas
American Can
Northmerican Co
Atchison and
Union Carbide
Edison At Debenture Voted Detroit For tnto Tariff Bill
Edison arrives in Detroit from East Orange to attend the golden anniversary tributes to his incandescent light. He will attend the Edison Institute dedication by President Hoover at Dearborn and witness lighting celebrations.
MENTIONED IN THIS ARTICLE
Edison
Detroit
Thomas A. Edison
East Orange
N. J
Henry Ford
Fair Lane
Dearborn
Hoover
Edison Institute of Technology
Ford
Dearobrn
Edison Institute
Menlo Park
Independence Hall
New York Herald
Georgia and North Carolina Tied 6 6 at Half in Chapel Hill
North Carolina and Georgia were tied 6 6 at halftime in Chapel Hill as Georgia capitalized on a fumble on NCs six yard line with Rothstein scoring early in the first period. The Tar Heels answered with a Magner pass to Slusher to cut the deficit before halftime.
MENTIONED IN THIS ARTICLE
Chapel Hill
North Carolina
Georgia
Rothstein
Magner
Slusher
Senate approves farm relief debenture plan amid party split
The Senate voted 42 to 34 to approve the farm relief debenture plan as part of the tariff measure. Fourteen Republicans joined 28 Democrats for the debenture, with two Republicans and one Democrat switching sides from earlier votes. The plan would issue debenture certificates payable to the Federal Farm Board to stabilize surplus crop prices.
MENTIONED IN THIS ARTICLE
Washington
Senate
Borah
Brookhart
Cutting
Frazier
Howell
Johnson
LaFollette
McMaster
Norbeck
Norris
Nye
Pine
Schall
Thomas
Idaho
Ashurst
Barkley
Black
Bratton
Trock
Broussard
Carraway
Conally
Dill
Fletcher
George
Harris
Hastings
Jones
Kean
Keyes
McNary
Metcalf
Moses
Oddie
Patterson
Phipps
Reed
Robinson
Indiana
Sackett
Shortridge
Smoot
Steiner
Townsend
Vandenberg
Walcott
Warren
Watson
New Mexico
Kendrick
Wyoming
Hoover
Federal Farm Board
Defense rests in Fall bribery trial with Elk Hills testimony
Washington Oct. 19 The defense in the bribery trial of Albert B Fall concluded its case today by introducing testimony intended to show he did not award all Elk Hills reserve to the Pan American Petroleum and Transport company as charged by the government.
MENTIONED IN THIS ARTICLE
Washington
Albert B. Fall
Elk Hills
Pan-American Petroleum and Transport Company
G O P Plans Southern Strength Movement
Judge E F Calloway Florida GOP leader predicts a militant white Republican party will form in every southern state. He cites support from the Woman's Christian Temperance Union the Anti-Saloon League and the Ku Klux Klan and says a December conference in Atlanta will organize a stronger Georgia Republican party as part of a south wide push. He envisions a Republican solid South akin to New England.
MENTIONED IN THIS ARTICLE
Judge Calloway
Anti-Saloon League
Ku Klux Klan
Atlanta
South
E. F. Calloway
Florida
Woman's Christian Temperance Union
Ku Klur Klan
New England States
Altadena Woman Faces Contempt Charge Over Letter
Mrs. Kate Crane Garz, a wealthy Altadena resident, was summoned to appear before Superior Judge Charles Allison on contempt charges for writing a letter asking him to go easy with six youths charged with communistic activities. The judge cited her remark that he should “go easy with these young enthusiasts.” Six people had previously been convicted of conspiracy in an alleged communist camp operation in the Yucaipa valley.
MENTIONED IN THIS ARTICLE
Altadena
Cal
Charles Allison
San Bernardino
Kate Crane Garz
Allison
Interstate Commerce Commission Sets Norfolk and Western Valuation
Washington October 19 The interstate commerce commission placed a final valuation on the Norfolk and Western Railway as of June 30 1916 totaling 236 249 000 This valuation determines the railroad’s value for rate and property assessments and regulatory purposes.
MENTIONED IN THIS ARTICLE
N. and W
Washington
Interstate Commerce Commission
Norfolk and Western Railway
University dedicates new $625000 library at UNC
Chapel Hill October 19. The University of North Carolina dedicated its new library a grand building with the souths largest college book collection outside Texas. Dr Harry W Chase presided and called the event the fulfillment of a long dream Governor Gardner presented the library to the university Andrew Keogh Yale librarian gave the dedicatory address John Sprunt Hill spoke for the building committee noting the library as the heart of the university and education continued on page 3
MENTIONED IN THIS ARTICLE
Chapel Hill
University of North Carolina
Texas
Memorial Hall
Harry W. Chase
University
Keogh
Andrew Keogh
Yale University
The
American Library Association
O. Max Gardner
John Sprunt Hill
Board of Trustees
Hoover Opposes Inscription On Louvain Library
President Hoover publicly rejects the inscription destroyed by German fury restored by American generosity on the new University of Louvain library built with American subscriptions. He notes the library cost about 2 million francs funded by Americans and emphasizes his opposition to the insistent wording.
MENTIONED IN THIS ARTICLE
Hoover
New Louvain
Washington
University of Louvian
Belgium
Sine Whitney Warren
America
University of Louvain
Manley Trial Set After Mental Competency Ruling
Atlanta faces a Tuesday trial for D W A Manley former head of 88 Georgia Florida banks. He was deemed sane and able to stand trial after four days of hearings despite prior continuance requests based on mental and physical disability. The case involves a derailed bank fraud charge and an overturned state sentence.
MENTIONED IN THIS ARTICLE
Atlanta
D. W. A Manley
Georgia-Florida
Manley
United States Supreme Court
Manley O
Allen Invalid Home
Milledgeville
Census Supervisors Named for 1939 Districts
Census director lists supervisors and districts for 1939 counts. Thomas C. Council based in Raleigh North Carolina covers Chatham Harnett Johnston Lee Wake with Raleigh HQ. William C. Downing based in Fayetteville NC covers Bladen Brunswick Cumberland Hoke Robeson Scotland with Fayetteville HQ.
MENTIONED IN THIS ARTICLE
Washington
Thomas C. Council
Raleigh
North Carolina
Chatham, Harnett
Johnston, Lee
Wake
William C. Downing
Fayetteville
Bladen
Brunswick
Columbus
Cumberland
Hoke
Robeson
Scotland
Gaston Men Acquitted Of Flogging
In Cabarrus Superior Court four Gastonia cotton mill employees were acquitted after the jury received the case at 1 45 this afternoon. The men were charged in the Sept 9 kidnapping and flogging of three National Textile Workers Union organizers in Gastonia.
MENTIONED IN THIS ARTICLE
Concord
Gastonia
National Textile Workers Union
Cabarrus
Four Gastonia mill workers acquitted in union organizers kidnapping case
In Concord, four Gastonia cotton mill employees were acquitted by a superior court jury after about 45 minutes of deliberation. The defendants were charged with kidnapping and assaulting three National Textile Workers Union organizers.
MENTIONED IN THIS ARTICLE
Concord
N. C
Gastonia
National Textile Workers Union
Gastonia Four Face Kidnap and Flog Charge Rested Defense
The defense for four Gastonia cotton mill workers rested as the state began reading testimony from Ben Wells, a British textile worker flogged by a mob after being kidnapped in Gastonia September 9. The defendants O G Morehead Horace Lane Carl Holloway and Dewey Carver sought alibis.
MENTIONED IN THIS ARTICLE
Concord
Gastonia
National Textile Workers Union
Ben Wells
Wells
Zeb V. Long
Thomas J. Shaw
Charlotte
O. G. Morehead
Loray
Horace Lane
Myers Mill
Carl Holloway
Dewey Carver
Loray Mill
Trouble in Wuhu Mutiny Ended as Nationalists Round Up
Wireless reports from Shanghai say mutiny involving 500 Chinese soldiers at Wuhu subsided as nationalist troops attacked, rounding up and disarming mutineers. The incident near the Yangtze city is deemed resolved despite ongoing pressure from nationalist forces.
MENTIONED IN THIS ARTICLE
Shanghai
Wuhu
College grid results show mixed football scores across schedule
The page lists several football results with many first half scores and some finals. Notable lines include Harvard and Army tied 0 0 and Vanderbilt edging Auburn 6 0, plus Duke teams like Yale 7 Brown 6 and VMI 7 Virginia 0.
MENTIONED IN THIS ARTICLE
Brown
Yale
LaFayette
Bucknell
California
Pennsylvania
Dartmouth
Columbia
Indiana
Iowa
Harvard
Army
Carnegie Tech
Washa
Jefferson
New York University
Penn State
William and Mary
VPI
Alabama
Tennessee
VMI
Virginia
Vanderbilt
Auburn
West Virginia U
Washington and Lee
Michigan
Ohio State LU
Hope For Healthier Nation Rests With Unselfish Doctors
Dr. Glenn Frank told the American College of Surgeons that a medical revolution could erase private practitioners if doctors do not lead disease prevention. He cited annual losses from preventable sickness totaling about 1.8 billion dollars and urged doctors to lower income to offer preventive care.
MENTIONED IN THIS ARTICLE
Chicago
Glenn Frank
University of Wisconsin
American College of Surgeons
Frank
Capone Linked to Rum Ring in Atlantic Coast Raid
Federal investigators seek a 1500 dollar Capone check among documents seized in the Atlantic coast rum smuggling ring raid. The probe links Capone to the syndicate despite Capone’s jail, with hints of wider connections including the Elliott kidnapping and bank accounts coded as XL.
MENTIONED IN THIS ARTICLE
Atlantic Seaboard
Federal
Ring
Highlands
N. J
Gansters
Albion
Sag Harbor
Long Island
New York
al Capone
Chicago
James F. Wilkinson
United States
Brooklyn
Capone
Philadelphia
Capons
Willard H. Elliott
Hobart Trust Company
Passaic
Elliott
United States Attorney’s Office
Trenton
Robert B. Watts
Atorney
John McLeod
Shawnee
McLeod
Coast Guard
State Department
Washington
Sasse Appointed Army Football Chief
Boston reports Major Ralph Sasse named head football coach at the United States Military Academy to succeed Biff Jones at season end, per West Point officials.
MENTIONED IN THIS ARTICLE
Boston
Ralph Sasse
United States Military Academy
Biff Jones
West Point
Navy withholds Asiatic reports in Fall bribery trial
At the Fall bribery trial in Washington the defense sought Navy reports from Asiatic stations by Rear Admiral Greaves to bolster claims of a Japanese menace. Captain H H Stuart refused release, citing National interests and confidentiality. Witnesses including J Cramp ton Anderson testified on the Elk Hills lease and Doheny connections, with Anderson saying the initial lease targeted only parts of the reserve rather than the whole, and noting a claim that no naval oil land would be leased at 12 percent.
MENTIONED IN THIS ARTICLE
Washington
Navy
Asiatic
Greaves
Secretary of the Navy
Albert B. Fall
H. H. Stuart
Japan
Edward L. Doheny
Pacific
Doheny
Pearl Harbor
Fall
Hall-Doheny
J. Crampton Anderson
Pan American Petroleum Company of
Los Angeles
Elk Hills Naval Oil Reserve
Edward K. Doheny
Elk Hills Reserve
Anderson
Naval Oil Reserve
Kraft death case headed to grand jury in New Orleans
New Orleans district attorney Leander Perez prepared to present evidence to a Plaquemines Parish grand jury on an indictment regarding the Kraft murder aboard the steamship Creole. A New York pressman identified as Kraft’s companion allegedly named the culprit, with Miss Ord hinting the answer pointed to Mac, a claim she previously resisted.
MENTIONED IN THIS ARTICLE
New Orleans
Psi
New York
John McGouldrick
Crevie
Leander Perez
Kraft
Plaquemines Paris
Mr. Perez
Jack Kraft
Mississippi
Plaquemines
Miss Ord
Mac
Perez
Also Mentioned on This Page
Georgia Carolina
Halt
Kansas
University of Wichita
Wichita
Kan
Georgetta Tyndale
Secretary of Navy
New University Library
Gardner
Chase
Whitney Warren
Butler
Chain Bank
Gaston
Sasse