Wall Street Gains as Markets Rally Despite U S Steel Waver
Stocks move higher amid renewed optimism on Wall Street with gains of 1 to 4 points and brisk trading. U S Steel hesitated before joining the rally while grains rose and bonds improved. International activity hints at tensions with Washington over policy and wage talks.
MENTIONED IN THIS ARTICLE
New York
Wall Street
U. S. Steel
Washington
Securities and Exchange Commission
Roosevelt urges coordinated credit reforms for stable prosperity
Washington, Oct. 20. President Roosevelt said the government must improve and coordinate credit and related machinery to achieve and maintain prosperous stability, free from booms and depressions. Speaking at the dedication of the Federal Reserve building, he defended current banking policies and stressed step by step improvements to the banking system and monetary apparatus.
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Washington
Roosevelt
Federal Reserve
Banking and
Secu Exchange
Federal Reserve System
Wilson
Congress
Virginia
Carter Glass
Wall Street Believed to End Tumult with Broad Market Decline
New York reports a 25 billion dollar wipeout in securities values since August as losses hit many middle class investors. Analysts note differences from 1929, citing federal actions to curb shoe string trading, while acknowledging questions about overall benefit to the average trader as the selling wave intensifies.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Elgbt
Kitty Hawk and Roanoke Island Draw Travel Tour Visitors
Kitty Hawk the birthplace of aviation and Roanoke Island the birthplace of Virginia Dare were major sights for the North Carolina travel tour party in Elizabeth City. The group toured after leaving Wilmington visiting New Bern Washington Williamston Windsor and Edenton on the trip sponsored by the State Department of Conservation and Development.
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Elizabeth City
Nwn. C
Kitty Hawk
Roanoke Island
Virginia Dare
North Carolina
State Department of Conservation and Development
Wilmington
New Bern
Washington
Williamston
Windsor
Edenton
Bombing and Floods Hit Coastal China and North Carolina
Chapei in Shanghai endured a 15 hour bombardment as Chinese forces held firm amidst wrecked homes and looted shops. In North Carolina floodwaters from Yadkin, Reddies, and nearby streams damaged roads, mills, and bridges with no reported deaths.
MENTIONED IN THIS ARTICLE
James A. Mills
Shanghai
Chapei
International Settlement
Japan
Farm leaders press for immediate corn loan plan
Washington reports indicate Edward A. O Neal and other farm federation officials urged President Roosevelt for a 60 cent corn loan as part of a broader new farm program. The talks aimed to secure support for a long term farm bill at a special congressional session.
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Washington
American Farm Bureau Federation
Roosevelt
Ite House
Edward A. O'Neal
Federation
Earl Smith
Clifford H. Gregory
Wallace
Farm Journal
White House
Agriculture Department
Congress
O'Neal
Morgenthau
Smith
Merchant Marine Change Favours Strong Fleet of Vessels
A U S policy aims to build a privately funded fleet with government aid to bolster national power. The maritime commission will unveil details of a Congress-ordered survey around Nov 1, including ship types, fleet size, and the role of trans-oceanic air service in foreign trade. Plans require government notification to the navy, with subsidies and labor differentials. Initial talks projected 95 vessels, but new survey results may adjust that figure.
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Washington
America
Maritime Commission
Congress
Commission
Editor and Publisher William Gonzales Dies at 71
William Elliott Gonzales, 71, editor and publisher of the State, Columbia S C, died at his home today after a illness of several months.
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Columbia
8. C
William Elliott Gonzales
Kidnapping Case Hinges On Finding Ransom Money
The Ross kidnapping crisis centers on locating 50 000 dollars in ransom bills with serial numbers released by J Edgar Hoover. Investigators pursue public tips as the 72 year old Chicago magnate remains missing after 25 days with no contact.
MENTIONED IN THIS ARTICLE
Charles Ross
Chicago
Ross
J. Edgar Hoover
Federal Bureau of Investigation
Washington
Pedestrian Fatally Struck in Goldsboro Auto Crash
Mrs. Ather Cottle, 63, was killed after being struck by a car on a Goldsboro street. Coroner T R Robinson found the accident unavoidable and ruled the driver, Mrs. Clara Faircloth, blameless.
MENTIONED IN THIS ARTICLE
Goldsboro
N. C
Ather Cottle
T. R. Robinson
Clara’ Faircloth
Blamelens
Virginia towns inundated after swollen streams
Swollen streams inundated portions of several Virginia towns today after taking one life and sweeping away crops in lowlands. The floods disrupted traffic and caused damage across multiple communities in the state.
MENTIONED IN THIS ARTICLE
Richmond
Virginia
Federal savings and loan assets rise in NC nine months
The Federal Home Loan Bank reports a jump of more than 9 million dollars in assets for 14 federal savings and loan associations in North Carolina from January 1 to October 1. Direct reduction loans grew about 2.78 million dollars in the same period, with associations located in Asheville Burlington Durham Fayetteville Gastonia Hendersonville Greenville Mooresville Rocky Mount Tryon and Winston-Salem.
MENTIONED IN THIS ARTICLE
Washington
Federal Home Loan Bank Board
Federal Savings and Loan
North Carolina
Asheville
Burlington
Durham
Fayetteville
Gastonia
Hendersonville
Greenville
Mooresville
Rocky Mount
Tryon
Winston-Salem
Shipping lines deny coalitions amid southern port disputes
New York officials for Clyde Mallory and Morgan Steamship lines insisted they are not part of any pool to shut southern port operations. They stated ongoing service to Galveston and New Orleans, with embargoes on Boston and New York shipments to southern ports. Talks with the International Longshoremen's Association continue, with a possible strike if no agreement by October 31.
MENTIONED IN THIS ARTICLE
New York
North Atlantic
Joseph P. Ryan
International Longshoremen’s Association
Intérstate Commerce Commission
Clyde Mallory and
Morgan Steamship Lines
S. L Cooper
Morgan Lines
Clyde Mallory Line
Galveston
Texas
Boston
Charleston
Jacksonville
Miami
Tampa
Fla
Cooper
New Orleans
Longshoremen Strike Talks Open Conference in Tampa
Steamship officials and union leaders met in Tampa to discuss the five day old strike by about 8,000 members of the International Longshoremen's Union, an AFL affiliate, as W. E. Townsend, southern representative, attended.
MENTIONED IN THIS ARTICLE
Tampa
Fla
International Longshoremen’s Union
American Federation of Labor
W. E. Townsend
Southern Rep
Court Hears Testimony In Case Against Alva Deshea
Hickory man Alva Deshea faces an attempted robbery case after the holdup of George C. Creighton’s family. Judge Lewis E. Teague reserved judgment as the prosecution and defense presented evidence of threat and intoxication.
MENTIONED IN THIS ARTICLE
Alva Deshea
George
Creighton
Teague
Hickory
George C. Creight
Lewis E. Teague
Deshea
Mr. Creighton
Picket Line At Hickory See Calm Despite Strike
Around 25 workers picketed the Hickory Spinning Company at Long View under guard of state county and city officers. No disorder occurred as non striking workers entered the plant by auto. TWOC leaders cite stretchout as cause. Ray Chapman held on a simple assault charge with a $26 bond. hearing set for Friday.
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Hickory
Long View
Monay
C. R. Adams
Statist Way
Stanton
Xe Textile Workers’ Organizing Committee
Adams
C. D. Barres
E. W. Lewis
Hickory Spinning Company
Shuford Mills
Shuford
Granite Falls
TWOC
Ray Chapman
Willard Chapman
Methodists Gather At Asheville Vote On Unification Soon
The Western North Carolina conference meets at Central Methodist church with about 700 visitors. A vote on unification of the three Methodist branches is expected tomorrow. Speakers include Dr. Humphrey Lee, Vanderbilt. Dr. Paul N. Graber, Duke. Dr. Gilbert T. Rowe, Duke. Dr. Harry Denman of Birmingham. and Dr. J. M. Rowland, editor of the Richmond Christian Advocate.
MENTIONED IN THIS ARTICLE
Asheville
Western North Carolina
The
Methodist Episcopal Church
Booth
Central Methodist Church
Humphrey Lee
Vanderbilt University
Paul N. Graber
Duke University
Gilbert T. Rowe
Harry Denman
First Methodist Church of
Birmingham
Ala
J. M. Rowland
Richmond, Va
Christian Advocate
North Carolina Payrolls Rise Slightly in September
Raleigh report shows state labor data with a 0.1 percent upturn in industry employment from August and a 0.3 percent gain in total payrolls for September.
MENTIONED IN THIS ARTICLE
Raleigh
State Department of Labor Statistics
North Carolina
Oscar Vitt Named New Indians Manager In Cleveland
President Alva Bradley announced Oscar Vitt, then manager of Newark in the International League, as the Indians new skipper replacing Steve ONeill. ONeill moves to Montreal after last season and the Indians dropped their first three games of the season.
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Cleveland
Alva Bradley
Cleveland Baseball Club
Oscar Vitt
Newark
International League
Indians
Steve O'Neill
O'Neill
Montreal
Little World
Covington files counter suit in head injury case
Greensboro report says W. Comer Covington former High Point industrialist answered a suit by Fred Lemond for 1360 dollars claiming Lemond was struck in Covington’s hotel room on February 24. Covington says Lemond attacked him during a card game at Sedgefield and he acted in self defense filing a counter suit for 1000 dollars.
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Greensboro
W. Comer Covington
High Point
Superior Court
Fred Lemond
Lemond
Covington
Sedgefield
Trapped Man Dies After Prison Truck Incident
In Goldsboro North Carolina on October 20 17 year old prisoner Leslie Lane was struck by a prison truck while attempting to step from it. Sheriff Robert Hooks ruled the death accidental with no foul play suspected.
MENTIONED IN THIS ARTICLE
Goldsboro
N. C
Leslie Lane
Robert Hooks
Three Investigations Of Plane Disaster Are Begun
Federal and airline officials opened three separate investigations into the United Airlines crash that killed 19. Bodies were identified at Evanston Wyoming as searchers recovered wreckage and mail from the mountain site eighty miles east of Salt Lake City. Relatives arrived to claim victims while postal inspectors combed through snow and debris for the missing luggage and remains.
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Evanston
Mountain Peak
Salt Lake City
Airlines
Wyo
United Airlines
Here
Bob Johnson
Pilot Far! Woeodgerd
Denver
Secretary of Commerce
Boer
U. S. Postal Department
M. G. Wenger
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