Market Lags at Open Then Recovers Amid Volatile Trading
The New York market opened weak with heavy liquidation pushing issues like General Motors and General Electric below June bear levels. A tentative early rally failed, sending declines of 1 to 4 points, but bears abated as the day advanced. Gains appeared in U S Steel, American Can, Loews, American Tobacco B, Union Pacific, Alaska Gas, and Home stake Mining, while American Telephone recovered after a 2-point drop. General Electric and Motors fell about a point, with a large block traded in GE. Across the list, various stocks shed 1 point or more before a late recovery, aided by optimistic notes from mercantile reviews and a federal reserve statement showing a $57.9 million rise in current circulation, contributing to a $98 million gain in two weeks amid holiday-related demand and hoarding fears.
MENTIONED IN THIS ARTICLE
Claude A. Jagger
AP Financial
New York
General Motors
General Electric
U. S. Steel
American Can
Loews
American Tobacco B
Union Pacific
Alaska Ganeau
Homestake Mining
American Telephone
Allied Chemical
American Water Works
International Harvester
Texas Corp
Proctor and Gamble
International Telephone
Eastman
Bradstreet’s
Federal Reserve
Bankie
Atlanta Mayor Forces City Officials to Work Without Pay
Atlanta Mayor James L. Key plans a 30 day voluntary salary donation to ease the city’s finances. If officials refuse he will veto council actions and impose December work without pay. He would block a 12 month salary allocation and refuse to sign salary checks if vetoes are overridden. Borah For President club reports in Idaho note Senator William E. Borah declining comment on Mendota organized effort.
MENTIONED IN THIS ARTICLE
Atlanta
James L. Key
Council
Boise
Idaho
William E. Borah
Mendota
Teacher Killed In School Bus Accident Near Coal Creek
A Tennessee school teacher, James Norman, died when a school bus overturned after a tire blew out near Coal Creek. The crash injured 34 Briceville students and staff, several seriously, with victims transported to the town for treatment. An automatic painting machine by a German inventor was also reported.
MENTIONED IN THIS ARTICLE
Coal Creek
Tenn
James Norman
Briceville
Here
Also Mentioned on This Page
Eel A M. Ade
North Carolina
Coal Shippers
Lynchburg
J. Edwards Business College
Southern School of Printing
C. Garriott
South &J
Nashville
Thomasville
N. C
Wright's
Hayworth Springs Road
Starr Motor Co. Cor. Commerce Csa
Remeney Suave
Shane- Lee
Wrenn Street
Roland Park
Lindsay Street
Willowbrook Street
Monthieu Avenue
Lindsay
Woodrow Avenue
East Green Street
East Green
Bath and Garage
Aeked
North Main Street
Murphy
R. B. Gantt
D. Bouldin
Superior Motors, Inc
J. W. Quattlebaum
Msgr
Main Street
DE Soto
Plymouth
Bain Avenue
H. L. Bunnell Shoe Shop
N. Wrenn Street
National Dry Caners
N. Main Street
Human Jewelry Store
South Main
Eckerd’s
HB. L. Bunnell Shoe Shop
Redding
Highish St
West End
Brown Shoe Shop
Amos Realty CO
Wachovia Bank Bldg
Bill Fraley
Black's
Dan Compton
Greensboro
High Point
L. Goolsby
Enterprise Office
Municipal
G. L. Thompson
Pine Street
Carter Street
Cross Street
English Street
Atlantic Ins. & Realty Company
Sunset Drive
Greyling Realty Corporation
DIAL
Globe Mortgage & Realty CO
Washington St
Johnson Street
M. C. Crowson
Roland Park Circle
O. US
Washington
VSS
Farmers Cooperative
Jacob’s Avenue
Sam
Mamie
Sosy
Guvess
Bingstow
Monthieu Ave
Wiltshire
N. Main 8&J. Beeson Hardware CO
Roy C. Welborn
Treas
L. Cherry
J. L. White, Inc. Hood Bank
Sears
Wilmington
Silvertone
Jack
Ford
Texefast
W.L.S
Windsor
Arista
North Main St
High Point, N
Sears, Roebuck and Co
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!