Stocks Slide On Record Turnover In Market Turmoil
New York stock prices plunged with extreme losses across active issues as turnover topped 13 million by midafternoon. Bankers cut margin requirements and call money rates eased while hopes rose that the decline had reached a climax as U S Steel showed brief rally after earlier heavy drops.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
New York Curb Exchange
Financial
New York Stock Exchange
U. S. Steel Corporation
Auburn Auto
American Telephone
General Electric
Westinghouse Electric
Air Reduction
Midland Steel Products
A. M. Byers
International Telephone Allied Chemical
American and
Foreign Power
U. S. Steel Common
Konjola Promises Relief for Rheumatism and Stomach Ailments
High Point residents share hopeful endorsements for Konjola, a multi-ingredient remedy claimed to relieve rheumatic pain, kidney and digestion issues, and nervousness. Mr. John H. Shoe of 323 Ennis Street Testifies his back and joints improve, appetite returns, and sleep improves after trying Konjola at 104 South Main Street and other local druggists.
MENTIONED IN THIS ARTICLE
Konjola
John H. Shoe
Ennis Street
High Point
Mr. Shoe
South Main Street
Adv
Chicago Livestock Market Report Highlights Oct 29
Hogs receipts 29 000 with direct buys 5 000 steady to 10 cents lower top 9 50. Cattle receipts 9 000 and calves 2 500 with best fed steers around 16.00 and yearlings near 15.50. slaughter classes show varied prices by weight. Sheep receipts 15 900 with market steady to strong. native lambs 12.50 to 13.00, fat ewes 4.50 to 5.50, feeder lambs 12.25 to 13.25.
MENTIONED IN THIS ARTICLE
Chicago Livestock
Chicago
Wheat market rebounds on Europe demand and foreign deliveries
Chicago reports a late surge in wheat as European flour purchases from the United States and brisk foreign delivery of wheat futures helped offset earlier stock market declines. Wheat closed unsettled and mixed with losses of 1 1/2 to 2 1/8 cents. corn and oats also fell while provisions were largely steady.
MENTIONED IN THIS ARTICLE
Chicago
United States
North America
Civitan talks on cancer and local civic drive at luncheon
Two talks at the Civitan club luncheon at the Sheraton hotel covered a High Point YMCA membership campaign led by Broadus Culler and cancer awareness by Dr. I. T. Mann. Mann cited rising cancer deaths and the need for early treatment including imaging and radium.
MENTIONED IN THIS ARTICLE
Civitan Club
Sheraton Hotel
Broadus Culler
High Point Y. M. Cc. A
I. T. Mann
Mann
New York Cotton Opens Barely Steady Amid Wall Street Liquidation
Cotton started trading barely steady to lower by 10 to 21 points as heavy liquidation from Wall Street pressured prices. Early selling reduced and buyers absorbed offerings around 17.82 for December and 18.35 for March, with activity tapering after the first half hour. Weather news and Liverpool cables supported steadier tones, while hedging and Bombay and continental buying influenced the market through the Liver pool.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Liverpool
Bombay
Continental
India
China
Cotton market in New Orleans slides amid stock demoralization
New Orleans cotton opened under pressure as Liverpool prospects loomed. first trades drop 9 to 18 points with December at 17.84 and March at 18.21. The market later rallied 9 to 13 points on covering, yet nerves remained high.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Liverpool cotton market settles after quiet trade
Cotton prices ease across grades with American light demand. Spot values show strict good middling at 10.70 and middling at 9.90, while sales reach 6,000 bales and receipts total 4,000. Futures close steady amidLimited activity in Liverpool trading.
MENTIONED IN THIS ARTICLE
Liverpool
Air liner search widens as storm limits hope in NM
The missing transcontinental liner City of San Francisco lies presumed wrecked on Mount Taylor New Mexico after a storm. Western Air Express pilots join the hunt from Los Angeles and Albuquerque with planes to scour the Arizona New Mexico border while weather limits visibility.
MENTIONED IN THIS ARTICLE
Transcontinental Air Transport
City of San Francisco
San Francisco
Mount Taylor
New Mexico
George Rice
Western Air Express
Albuquerque
Rice
Los Angeles
Winslow
Ariz
Transcontinental Air Transport Air Field
Adamana
Gallup
N. M
Zuni Mountain Range
Kansas City
Morehouse
Conern
Arizona-New Mexico
Holbrook, Ariz
Order to Remove Revenue Offices Has Been Rescinded
United States Senator E D Smith said after a Washington conference that the plan to move revenue offices from Columbia to Greensboro North Carolina has been rescinded. A South Carolina delegation traveled to Washington to protest the proposed move.
MENTIONED IN THIS ARTICLE
Columbia
S&l. C
United States
E. D. Smith
Columbia Record
Washington
Greensboro
N. C
South Carolina
Tobacco Magnate Falls To His Death
Anthony Snyder sixty, head of Union Tobacco, fell from an 11th floor hotel Beverly window while attempting to repair a radio aerial. His body struck a five story extension as waiter Louis Morrell acted to grab his left foot but could not hold.
MENTIONED IN THIS ARTICLE
New York
Anthony Snyder
Union Tobacco Company
Beverly
Louis Morrell
Snyder
Morrell
Celebrate First Telephone in State
North Carolina marked the 50th anniversary of the telephone with a ceremony in Raleigh. Governor O Max Gardner delivered the principal address at the unveiling of the marker on the site of the state s first telephone exchange.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
Telephone Company
O. Max Gardner
Senate Honors Burton Memory in Brief Session
The Senate adopted a resolution expressing profound sorrow over the death of Senator Theodore E. Burton of Ohio and adjourned after a three minute session. A funeral service in the senate chamber was set for 2:30 p.m. tomorrow with a 198 member committee to oversee the service and accompany the body to Cleveland for Thursday burial.
MENTIONED IN THIS ARTICLE
Washington
Senate
Theodore E. Burton
Ohio
Cleveland
Parliament Opens Important Session in London
London Oct 29 Parliament re assembled for what is expected to be a busy session. The labor ministry, in power for a second time, faces opposition warnings that the truce in party politics is over. Labor's margin stands at 281 to 260 with 57 Liberals, leaving a precarious majority and a possible Liberal Conservative coalition.
MENTIONED IN THIS ARTICLE
London
Labor
Bnt
Commons
MacDonald
America
David Lloyd George
New Officers To Be Installed Tonight
A High Point American Legion post will install new officers at headquarters on East Washington Street tonight at o'clock. Attorney James E. Lyon will become commander and Dr. I T Mann will give a speech on the Legion’s foundation, activities and purposes to start a new legion year.
MENTIONED IN THIS ARTICLE
American Legion
East Washington Street
High Point
James E. Lyon
I. T. Mann
Clemenceau Arises, Resumes Work Despite Illness
Georges Clemenceau, former French premier who had difficulty breathing last night, was helped by Dr. Laubry to his room an hour earlier but found sleeping. He rose today as usual and resumed work on his book.
MENTIONED IN THIS ARTICLE
Clifton Springs
John Roach Straton
Atlanta
Calvary Baptist Church
New York
Alfred F. Smith
South
Straton
William Jennings Bryan
Dayton, Tenn
William A. Brady
Key
Charles F. Potter
West Side Unitarian Church
Chicago
Baltimore
Norfolk
Baylor University
Automobile Growth Boosts Iceland Vehicle Numbers 1928
In 1928 Iceland saw a sharp rise in cars in operation with counts doubling to near twice the prior level. The expansion reflects growing adoption of motor transport across the island.
MENTIONED IN THIS ARTICLE
Iceland
Butter and Eggs Prices Slip in Chicago Trade
Butter market weakness evident as receipts reach 11 819 tubs with creamery extras and various grades steady. Futures show prices unchanged despite 4 262 case receipts and a range of firsts and seconds values noted.
MENTIONED IN THIS ARTICLE
Chicago
LaVarre Plans Appeal Over Court Order Ruling
William LaVarre and his lawyers said they would appeal Judge Bascom Deaver’s order in the dispute over South Carolina papers and Augusta Chronicle. The appeal reportedly lists 19 technical assignments of error.
MENTIONED IN THIS ARTICLE
Macon
William LaVarre
Harold Hall
Bascom v. Deaver
United States Court of Appeals
la Varre
Deaver
J. T. Webb, Jr
Southern
la Varre and
Hall
International Paper and Power Company
Columbia
S. C
Spartanburg
Herald
Spartanburg Journal
Piedmont Press Association
South Carolina
Augusta (Ga
Mr. Webb
Harold Davis Moves from Greensboro to High Point
Harold Davis of Groometown has moved from Greensboro to High Point where he will be connected with the Jefferson Standard Life Insurance company.
MENTIONED IN THIS ARTICLE
Harold Davis
Groometown
Greensboro
High Point
Jefferson Standard Life Insurance Company
Also Mentioned on This Page
John H. Shof
Great Britain
J. M. Stocks
Baldwin
B& O - News
Beth Steel Snowe
Cannon Mills
Chrysler
Dupont
Ong Easle
Erie & Lit
Hudson Motors
Saad Lorillard P
Monty Ward
Nash
Packard
Pan Am
Fam Lasky Penn
Phillip Morris
Phillips
Ab Pullman New See
Rem Rand
Reynolds
Schulte
Sears Roebuck
Sommons Co
Sinclair Con Oil
Cop Texas Corp
Timken
U S Rubber
U S Steel
Vick
Westinghouse
Willys Over
Eskon Woolworth ' Te Eretus
Reia
Civitan
John Straton
Amer Ford
Continental Oj
Ege Ade Ltd
Cesses Keweeds
Pesaekadiva
Genl
Elec
Lone Star Gas
Penn Road Corp
Sou Corp
Vick Finance Adams Millis Com and Lou Macy's
P. C
Maxwell
White House
Campbell's Tomato Soup
A&p Oats
del Monte
Libby
Okgs
Cliquot Club
Iowa
Omar
Atlantic & Pacific
Burton
Toda
Hoth
Fess
Hoover
Cabinet
Diplomatic Corps
Army
Navy
House
Charlotte
O. B. Aderholt
Gastonia
Parliament
Labor Party
LaVarre
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