Frenzy Of Selling Has Apparently Blown Over
A news report from New York details a surge in stock prices after heavy selling, with gains of several dollars per share on the New York Stock Exchange and renewed confidence from leading bankers. The New York Stock Exchange postponed its opening to noon and planned further holiday closures to allow brokerage staff to rest after the frantic trading.
MENTIONED IN THIS ARTICLE
John Dpd. Rockefeller, Sr
New York Stock Exchange
New York
J. P. Morgan and Co
Stock Clearing Corporation
American Bank Note
Safeway Stores
American Machine & Foundry
Clearing Corporation
New York Clearing House Today
Reporters Sentenced for Not Revealing Bootleggers
Three Washington Times reporters Gorman Hendricks Linton Burkett and Jack Nevin were sentenced to 45 days in DC jail for refusing to name bootleggers to a grand jury. Judge Peyton Gordon stated the questions were proper and ethics do not grant immunity. The men claimed they bought liquor in 49 speakeasies to develop crime coverage and may be freed early if they cooperate.
MENTIONED IN THIS ARTICLE
Washington
Washington Times
Peyton Gordon
District of Columbia Supreme Court
Grand Jury
Gordon
Gorman M. Hendricks
Linton Burkett
Jack E. Nevin, Jr
Velop
Hendricks
Tragedy at Princess Cafe Owner Ends Life Over Finances
Robert Kiriakides owner of the Princess Cafe and a popular city figure shot himself at 1 15 PM after expressing despondency over finances. He borrowed a partner's car, visited his home, spoke briefly with his son, and then fatally shot himself in the head. He had been planning the act for some time and had telephoned his brother in Greenville, South Carolina the previous night.
MENTIONED IN THIS ARTICLE
Robert
Bob) Kiriakides
Princess Cafe
Kiriakides
Tom Thompson
Mr. Thompson
Alex
Greenville
South Carolina
High Point
Madame Curie Guests Hoover House Washington Event
Madame Curie visited Washington to receive a $50,000 draft for purchasing a gram of radium for her Warsaw cancer hospital and laboratory. She was hosted by President and Mrs. Hoover and honored by the National Academy of Sciences.
MENTIONED IN THIS ARTICLE
Washington
Madame Curie
Hoover
White House
National Academy of Sciences
Curie Polish Cancer Hospital
Warsaw
Bank Examiners Take Over New Bern Bank
Bank examiners Motter and Palmer take charge of the First National Bank of New Bern after it closed Saturday due to heavy withdrawals amid rumors about its finances. They supervise a survey of assets and liabilities as the bank’s about two million dollar asset base is expected to cover obligations and pay creditors and depositors in full.
MENTIONED IN THIS ARTICLE
New Bern
Charles W. Motter
Raleigh
National Bank Examiner
W. D. Palmer
First National Bank of
Motter
Employee and Employer Cooperation Stressed at Cotton Meet
In Boston on October 30 representatives from northern and southern cotton sectors urged stronger cooperation between workers and owners at the National Association of Cotton Manufacturers convention.
MENTIONED IN THIS ARTICLE
Cotton Manufacturers Association
Boston
National Association of Cotton Manufacturers
Freeing of Witness in Kraft Murder Case Promised
Ione Orde a key witness in the Jack Kraft murder case will testify in open court and may be released without bond. Judge Meraux arranged for her testimony to be recorded for use at John McGouldrick’s trial. The report details theCreole incident and witness cross examination plans.
MENTIONED IN THIS ARTICLE
New Orleans
Ione Orde
Jack Kraft
J. Claude Meraux
Judicial District
St. Bernard and
Plouemines Parishes
Miss Orde
Kraft
Mississippi River
John McGouldrick
McGouldrick
Tucker Gets Five Year Sentence
Joseph L. Tucker pleaded guilty to embezzling about 27000 over eight years as cashier of the Carolina Banking and Trust Company local branch. Superior court sentenced him in Hertford to three to five years in state prison yesterday.
MENTIONED IN THIS ARTICLE
Hertford
Joseph L. Tucker
Carolina Banking and Trust Company
Alexander Pantages
Los Angeles
Eunice Pringle
Vpantages
Rockefellers Buy Stocks in Sound Investment Move
John D. Rockefeller, Sr. and his son announced in New York that they had been purchasing sound common stocks for several days. They will continue to buy in substantial amounts at levels they consider sound investment values.
MENTIONED IN THIS ARTICLE
New York
John D. Rockefeller, Sr
Women Stock Speculators Are More Voluble About Losses In the Market
New York October 30 Thousands of women once active in stock trading flooded back to bridge tables after a market crash. The slump wiped out many and taught a harsh lesson as brokers noted women were more talkative about losses than men, with some fainting or leaving the market for good.
MENTIONED IN THIS ARTICLE
Lawrence Richmond
Crompton Company
Crompton
R. I
Clifton J. Parrott
Riverside
Dan River
Danville
South
Mr. Parrott
New York
Wall Street
Lost Plane Victor Over Elements
A tri motor Western Air Express plane piloted by James E. Doles landed safely near Tracheda New Mexico after 30 hours overdue amid a snow storm. Passengers Allan C. Barrie R. L. Britten Dr A W Ward and W E Merz survived with the crew. Doles used the motor as a beacon to guide two stranded travelers to shelter and a nearby cabin was found for food and warmth.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
Western Air Express
James E. Doles
Doles
Allan C. Barrie
R. L. Britten
A. W. Ward
San Francisco
W. E. Merz
Mount Vernon
N. Y
Los Angeles
Arizona
Tracheda,n. M
Coles
Bessie Mason
North Carolina Methodist Conference Opens in Kinston
The ninety third annual North Carolina Methodist conference opens at Queen Street church Kinston with Bishop Edwin Mouzon presiding nine presiding elders present and the North Carolina conference historical society meeting. Delegates and pastors are expected to exceed four hundred with readings of pastoral appointments scheduled later in the week and a quadrennial Dallas general conference in May.
MENTIONED IN THIS ARTICLE
Kinston
North Carolina Methodist Conference
Queen Street
Edwin Mouzon
Charlotte
Mouzon
North Carolina Conference Historical Society
W. A. Cade
Fayetteville
William Meredith
Wilmington
Historical Society
B. C. Thompson
Jackson
Josephus Daniels
Raleigh
H. C. Smith
Rockingham
Thomas Grant
Wilson
T. A. Sikes
Roxboro
Dallas
North Carolina
Frank S. Hickman
Duke University
Army And Navy Athletic Heads Fail To Reach Accord
Washington Oct 20 The superintendents of the military and naval academies could not reach an agreement today on resuming athletic relations.
MENTIONED IN THIS ARTICLE
Army
Navy
Washington
Military
Naval Academies
Washington Unites In Honoring Burton
Official Washington laid aside factional enmities to honor Senator Theodore E. Burton of Ohio. The senate chamber was prepared for a state funeral with President Hoover, cabinet members, the supreme court and other high officials in attendance.
MENTIONED IN THIS ARTICLE
Washington
Theodore E. Burton
Ohio
Senate
Hoover
Supreme Court
Clementel Weighs Forming a Radical Led Cabinet in France
Paris October 30 AP Etienne Clementel longtime radical senator and former finance minister accepted in principle the task of forming a cabinet to replace the Briand ministry. He is seen as a moderate radical likely to lead a leftward union government excluding conservatives and backed by financial interests. Clementel previously opposed Herriot over a capital levy in 1925 and later led the French section of the international chamber of commerce.
MENTIONED IN THIS ARTICLE
Paris
Etienne Clementel
Senate
Herriot
Briand
Clementel
Poincare
Republican Union
Clementes
International Chamber of Commerce
Campaign In Virginia Tops Fights
Virginia election stands out as the only gubernatorial contest while nationwide campaigns heat up in a dozen states. The piece notes Virginia’s role in the 1928 political shift and its potential to signal lasting party strength, with broader implications for national politics. New York City also faces a major ongoing debate over city governance.
MENTIONED IN THIS ARTICLE
Washington
Virginia
Gotham
New York City
Lynch and Co Second Victim of Stock Crash
New York October 30 The bear market's second failure struck when Lynch and Co a New York curb exchange firm suspended for failure to meet obligations The three members were Charles R Powers Philip Lynch and S Fisher They did not engage in general commission work and handled private orders for themselves and associates
MENTIONED IN THIS ARTICLE
New York
Grundy Defends Tariff Lobbying in Senate Hearing
At age 79 Joseph R. Grundy, president of the Pennsylvania Manufacturers Association, told the Senate lobby committee he cares little how his activities are classified as a tariff issue looms. He supported freeing steel for farm implements and defended proposed farmer loans amid tense questions about wool tariffs and tax contributions.
MENTIONED IN THIS ARTICLE
Washington
Joseph R. Grundy
Pennsylvania Manufacturers Association
Senate Lobby Committee
Cooly
Blaine
Wisconsin
Grundy
Republican Party
Poison Theory In Death That Occurred 13 Years Ago Investigated
Wealthy widow Mrs. Clemmie Garrison Tucker died in Atlanta 13 years ago. Attorneys in Atlanta obtained a court order to disinter the body and sent vital organs to Dr. W F Robinson at Clemson for examination. Results were not disclosed as of today.
MENTIONED IN THIS ARTICLE
Robinson
Mortgage Bankers Open Second Session in New Orleans
The Mortgage Bankers Association of America held its second business session in New Orleans with focus on banking practices and American financial management. Dr. Gus W. Dyer of Vanderbilt predicted industrial payrolls shifting to rural areas while E. E. Murrey of Nashville defended the idea that business cannot remain truly stable amid rapid modern changes.
MENTIONED IN THIS ARTICLE
New Orleans
Mortgage Bankers Association of America
Gus W. Dyer
Vanderbilt University of Nashville
Nashville
Special Venire For Trial Of Spivey
A special venire of 100 men was called in Sanford North Carolina for the jury in the trial of James Spivey accused of the axe murder of his 19 year old cousin Betty Spivey. Betty was slain after leaving her father’s house when she refused Spivey’s marriage proposal. Spivey claims two men attacked them and killed Betty.
MENTIONED IN THIS ARTICLE
Sanford
N. C
James Spivey
Betty Spivey
Spivey
Betty
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Vos
Mme. Curie
Hoovers
New Bern Bank
Tucker
Rockefellers
Bernice Chrysler
Walter BP. Chrysler
Ed Garbisch
Inset
West Point
N.C
Methodist Conference
Mouton
Burton
Pantages
Walker
James IL. West
Pennsylvania