Stocks Jump On Exchange Reach New High Levels
In New York Friday a broad buying surge pushed many stocks to new year highs on the exchange. Cotton prices rose over two dollars per bale with October cotton closing at 8.67, up 43 points from Thursday.
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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Sep 02, 1932
Page
1
In New York Friday a broad buying surge pushed many stocks to new year highs on the exchange. Cotton prices rose over two dollars per bale with October cotton closing at 8.67, up 43 points from Thursday.
Winston-Salem Journal reports Smith Reynolds body was exhumed August 23 for autopsy by four physicians after indictment of Libby Holman Reynolds and Al bert Walker. Bullet entered temple from close range, death ruled by unknown parties. R J Reynolds Jr. arrived after Africa voyage but did not view the body.
About 125 men including Ford dealers and organization members attended a district meeting at the Barlow Hotel Thursday night. J. E. Young and E. R. Callahan of the Memphis Ford branch spoke to agencies across Southwest Arkansas. Tom McLarty of Hope Auto Company presided with Memphis Ford officials. Attendees hailed from Hope Texarkana Lewisville Stamps Magnolia Bradley Prescott Gordon Arkadelphia Nashville DeQueen Dierks DeKalb Tex and New Boston Tex.
Two amateur planes collided after rounding the pylon on a second lap at the National Air Races. Pilots Paul Bloom of Davenport Iowa and William Warwick Jr of Cleveland were hospitalized. Both aircraft were destroyed. injury severity not yet known.
First Baptist church plans a city wide religious census Sunday afternoon. At 1 45 workers will canvass Hope homes to log church and Sunday school affiliations. The event is to benefit all churches, with cards turned to the preferred denomination for future use.
The Rio Grande overflowed its banks flooding Eagle Pass and parts of Piedras Negras Mexico. Water rose about three feet per hour and officials feared total city flooding by night.
In Ramsey New Jersey unemployed men formed a cooperative through the Unemployed Association to lay water mains and bid on city projects. With sympathetic local administration support they organized work by hand and aim to extend to roads and a municipal plaza, after New Jersey ended half-cost labor aid last June.
Jess Blakey 40 was arrested Friday and confessed the Thursday slaying of Idas Forbes 36, a Darcy farmer whose body with seven bullet wounds was found by school children on a country road between Lone Star and Cross Roads. Sheriff Hassell investigates. Forbes had no known enemies and left a child.
Texarkana auto dealer Clare Cargile praised Hempstead County for civic service and backed a reform ticket in Arkansas politics at a Rotary Club meeting. He urged Hempstead County leadership to fill a highway district vacancy, citing local governance needs and regional fairness.
In Iowa near Sioux City a creditor foreclosed on a farmer’s live stock. Picket line farmers bid at the auction in small increments to keep bidders from selling to others, raising 11.75 dollars collected to help George avoid total ruin as prices drive mortgage pressures on land.
The Everyman's Bible class will hold a memorial service for C. W. Weltman at 9:30 a.m. Sunday, September 4, during the Sunday school hour. The class invites full membership and Kiwanis members, along with all friends, to attend.
Four dozen football hopefuls have turned out for practice under Coach Teddy Jones. Thursday added seven newcomers, two returning lettermen from last year, bringing total candidates to 44 after 37 showed Wednesday.
Attorney Hyman Bushel announced Friday that Rudy Vallee and his wife have separated after a tumultuous year of marriage. The couple wed secretly on July 6, 1931, in West Orange, New Jersey, and later lived in New York Beverly Hills and Maine. Vallee rose to fame with crooning and saxophone, building a national career and a second marriage that now faces strain as reports of differences surface.
LAS ANGELES A court ruling Thursday blocked Charles Chaplin from letting his children work in movies, thwarting former wife Lita Grey Chaplin who wanted the youngsters to become film stars. BERLIN Five Communists sentenced to death for a factional murder last week were commuted to life in prison after a federal review Friday.
A 20 percent basic wage reduction was reported Friday to be sought by major U S railroads. Notices to unions are expected by October 1. A nine member committee of railroad officials will decide the adjustment to the wage reductions.
New York City mayoral transition follows James J. Walker resignation amid protest over governor Roosevelt hearings. Joseph V. McKee, former board of aldermen president, takes office to focus on city finances and drastic budget trimming. Walker vows to seek re election despite resignation.
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