Stocks Rally After Market Decline Amid Mixed News
New York stock market rose after a week of losses with many issues advancing from 3 to nearly 30 points. Western Union jumped 29 to a new high, while J I Case Carnegie others gained 9 to 12 points as sentiment improved on favorable earnings and a Missouri Pacific plan.
MENTIONED IN THIS ARTICLE
New York
Commission House
Charles E. Mitchell
National City Bank
Europe
Norfolk & Western
General Electric
American Superpower
Missouri Pacific
Shorts
Western Union
J. I. Case
Col Car
Fastman Kodak
Hershey Choco
Stone and Webster
Anchor Cap
Sid Gas
Underwood Elliot
Am Mac
Foly
Nat Bis
Gen Elec
Am W W
Col Gas
Allied Chem
American Tele
Chesa
Ohio
Am Can
U. S. Ind Ale
U. S. Stl
Wilbur Calls Universal Access to Medical Science
At the University of Virginia dedicatory, Dr. Ray Lyman Wilbur urged a new social aim for medicine to provide the best available care to every person regardless of residence or economic status. He noted medicine’s progress and the need to ensure discoveries reach all doctors and patients.
MENTIONED IN THIS ARTICLE
Charlottesville
Ray Lyman Wilbur
University of Virginia
Wilbur
Flying Hotel Not To Try Atlantic Before Next Spring
In Altenrhein Switzerland Oct 22 the Dornier DC X backers say no Atlantic flight before spring. Distance trials will occur soon as the giant craft with 169 aboard flew for an hour reaching 1200 feet and 105 mph with 6000 horsepower from its twelve engines.
MENTIONED IN THIS ARTICLE
Altenrhein
Switzerland
Dornier
Lake Constance
Wheeler Arrested In Wiggins Case In North Carolina
Gastonia police arrested Horace Wheeler in connection with the Ella May Wiggins murder case. He posted a $1000 bond and awaits further action in the investigation into the Pessemer City union member killed by an anti communist mob.
MENTIONED IN THIS ARTICLE
Gastonia
Horace Wheeler
Ella May Wiggins
Pessemer City
Market Ticker Row Shows Broad Stock Boosts Across Sectors
New York trading highlights numerous blue chips advancing including Armour, Am Tobacco, General Electric, U S Steel, Westinghouse and Woolworth. Turnover reaches 3.65 million shares with strongest gains in Am Can and Anaconda while many issues post double digit percentages.
Cotton opens steady as demand, farm board news influence trades
New York cotton opens with gains of 25 to 37 points amid broadening trade and commission house demand. December climbs to 18.40 and March to 18.79 as shorts cover, with Southern hedging and realizing supporting buying. Liverpool reports cov ering and farm board action affecting loans, fair cloth inquiry from India, slow China business.
MENTIONED IN THIS ARTICLE
New York
Commission House
Shorts
Federal Farm Board
Liverpool
Farm Board
India
China
Cotton market steady as Liverpool quotes varied grades
Cotton spot in fair demand with prices steady led by American middling fair at 11.29 and related grades. Sales reached 7 000 bales including 4 400 American, with receipts of 23 000 bales. Futures closed steady with October through July contracts quoted between 9.78 and 10.05.
MENTIONED IN THIS ARTICLE
Liverpool
United States Surpasses Europe in Latin American Trade
In 1996 the United States ranked third in Latin American trade but now buys and sells more goods there than England, France and Germany combined, signaling a major shift in regional commerce.
MENTIONED IN THIS ARTICLE
United States
England
France
Germany
Edison Resting After Golden Jubilee Celebration
Dearborn, Mich. Edison rests at Fair Lane preparatory to returning to East Orange New Jersey after a day that featured a high profile tribute to his 50th anniversary of inventing the electric light. President Hoover participated and 600 guests attended. Edison showed courage in acknowledging the honors and was later seen resting with Dr. Boone.
MENTIONED IN THIS ARTICLE
Dearborn
Mich
Thomas A. Edison
Henry Ford
Edison
Ford
United States
Joel T. Boone
Hoover
Services for Mr. Pace Held Here
Short funeral services for Charles Milton Pace a noted real estate dealer were held at the home of R E Blair at 304 South Main Street with Rev John W Moore of Wesley Memorial church officiating A quartet sang How Firm a Foundation and Abide With Me Pallbearers included W C Jones John R Peacock P W Kirkman A E Futrelle Samuel Oakey and W D Lemons After services the body went to Roanoke Virginia for further rites and interment will follow at Fairview cemetery Pace is survived by one daughter Sallie Hill Pace one brother R B Pace and three sisters Mrs W J Austin Mrs J S Farrar and Mrs E W Billings His wife Mrs Pace a Roanoke native died years ago
MENTIONED IN THIS ARTICLE
Charles Milton Pace
R. E. Blair
South Main St
John W. Moore
Wesley Memorial Church
Mr. Pace
Lawrence Matton
Frances White
J. C. Briggs
Nat Walker
W. C. Jones
John R. Peacock
P. W Kirkman
A. E. Futrelle
Samuel Oakey
W. D. Lemons
Flowers
Ben Moore
R. T. Amos
W. H. Slane
P. A. Jones
L. R. Terry
Bertha Sheet
Effie Cox
Pattie Newlin
Roanoke
Pace
W. J. Austin
Fairview Cemetery
New Orleans Cotton Opens Firm on Farm Board Loan Hints
The New Orleans cotton market opened active and firm, with futures jumping early on a strong rally from 18.31 for December to about 18.70 for March. Prices eased later as hedge selling and profit taking cooled gains, but Noon activity suggested another attempt to rally with solid trade buying and shorts covering.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Farm Board
Methodist conference holds annual session in High Point
The Methodist conference met in High Point with history of sessions since 1903. Bishop Mou ton presided this year as the last day approaches the annual appointments and the Lord's Supper service at Wesley Memorial church. The conference began in 1890 with 56 000 members and now exceeds 142 000. 320 traveling ministers and 173 lay delegates participate.
MENTIONED IN THIS ARTICLE
Statesville
William L. Sherrill
Charlotte
High Point
Vention
Mouton
Wesley Memorial Church
Hopeful bonds set for defendants in Charlotte case
J Frank Flowers said he would contact the National Textile Workers union in New York to secure bonds for the seven men still jailed. The defense plans an appeal claiming Judge Barnhill erred in evidence and that prosecutors aroused juror prejudice. The group faced a fatal clash at a tent colony where Aderholt was wounded and died the next day.
MENTIONED IN THIS ARTICLE
Union
Aderholt
Gastonia
Charlotte
Seven Men Convicted in Police Chief Aderholt Murder
Mecklen burg county court ends with seven men found guilty of second degree murder in the killing of Gastonia police chief O. F. Aderholt and the assault of three other officers. Bond requests to raise totals from 5000 to 10000 were denied by Judge M. W. Barnhill.
MENTIONED IN THIS ARTICLE
Fred Erwin Beal
Clarence Miller
George Carter
Joseph Harrison
O. F. Aderholt
Farm relief plan eyes cotton co operatives for loans
The board proposes using cotton co operatives in every cotton state as loan security under the farm relief law. Farmers join, ship to a concentration point, and receive advances after grading. Co operatives market cotton year round and settle with farmers on final prices, with up to nearly 100 million dollars available and potential congressional requests for more.
MENTIONED IN THIS ARTICLE
Congress
Bitter Debate Over Chemical Duties Sparks Senate Clash
In Washington on October 22 the Senate faced sharp partisan attack over proposed increases in chemical duties as the tariff bill moved through. Senator King called the industry a powerful giant unfit for higher rates, while Senator LaFollette condemned past special privileges and linked high duties to nonunion, relatively low-wage workers. The debate highlighted long-running disputes on duty structure and the role of valuation in setting rates.
MENTIONED IN THIS ARTICLE
Washington
Independent Coalition
Senate
King
Utah
LaFollette
Wisconsin
Congress
Fern Dell Parkway and Rockford Road Improvement Project
Under Chapter 224 Private Laws 1927 the city adopted a preliminary assessment roll for Fern Dell Parkway and Rockford Road improvements. A September 1927 final resolution ordered water main, storm sewer, sanitary sewer, and street paving works with curbs gutters and laterals to abutting property. costs have now been ascertained.
MENTIONED IN THIS ARTICLE
City OF
High Point
Council Chamber
High Point Enterprise
J. W. Clinarg
Comer Covington
Daisy O. Clark
E. W. Freeze
Daisy O
Cc. C. Garrett
Co. C. Garrett
George T. Wood
L. KR. Terry
Jo N. McCrary
DO. Geer
E.t.corbett
Ferndell Parkway
Rockford Road
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