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Kingsport Times in Kingsport, Tennessee

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

Kingsport Times

Location

Kingsport, Tennessee, United States of America

Date

Jun 27, 1933

Page

1

Operations of Great Barking Firm Revealed

Senate investigators heard testimony today on the financial setup of a New York concern linked to Kuhn Loeb and Company. Brief balance sheets from 1927 to 1931 showed assets and deposits fluctuating, with emphasis on bank relations and competition the committee aims to regulate before deciding whether to interrogate Dillon Read, Morgan, and others.

Wasiingfon Jump Gus Oltu York Etaressasl Bay Hope Hota Eoumintye Anweiin Tankers Fur Financier Industriel Kuba Tovb Dil Marional Auenivaia Landers Bam Cenbea Yesutu Kuhn Loeb Morgan Kuhn, Lark and Company Meson Railroad Fhd Pennroad Corporation Railroad Holding Company Wheather Dillon, Read and Company Investment Trusty Steel Exchange Giracticus Chase National Bank

Treasury receipts and duties for June reported in Washington

Treasury receipts for June 24 totaled 7,071,588.88 with expenditures and balance of 906. Customs duties for 243 days of June reached 18,005,682.25, highlighting fiscal activity in Washington.

Treasury Washington

Youth Killed by Lightning at Rock Springs

Paul Boyd, 22, was instantly killed around 2:00 PM when lightning struck him as he and his brother stepped into the yard after rain. The body was taken to General Hospital where Dr. W. H. Reed tried to revive him without success.

Rock Springs Paul Boyd Jor Boyd Boyd General Hospital W. H. Reed

Blistering heat boosts wheat to $1.00 in St Paul market

In St Paul on June 27 AP reports scorching midwestern heat limited crop gains and caused corn damage while helping wheat rebound to $1.00 after a three year gap. Market talk notes late relief expected as threshing issues ease and prices firm.

ST. Paul Middle West Mingespease Andre Buds

Democrats Rally In Capitol Debate Amid Budget Talk

Fragmented report mentions Democrats in Washington and an opposition split on Capitol Hill. Claims pledge adherence could balance the budget and revive spending, with references to a public message and a representative Gyyns of Tens.

Washington Jung Ligaiens Demveritatieni Capitel Sitter Robinson Arkarisi Sudtemant Fay Sision Stanley M. Hruge Australis United States Argentina Canada Mr. Bruge

West Virginia Vote on Repeal Viewed as Pivotal

By The Associated Press West Virginia and California votes today on prohibition repeal overshadow a broader national moment. West Virginia, dry for 20 years, could shift tide with a pivotal result while wets and drys mobilize, and leaders predict outcomes amid last minute campaigns. California already repealed its prohibition law in November, as other states weigh similar referendums and adjacent political maneuvers unfold nationwide.

Associated Press West Virginia Califos Prohibition Little Mountain Jto Block F. Scott McBride Anti-Saloon League United Real Council California New York State Albany Massachusetts Texas Austinity & Shites Weninst Mor Shepard Antivepeal Group

Prohibition Plan Reorganizes Funding For New Year

Washington June Athuyney General outlines reorganizing prohibition finance for the new fiscal year. Only about half of the eight million dollars Congress provided will be allocated this year, with details likely continuing on page six.

Washington Athuyney General Congress

Land of Cotton Moves Toward Less Cotton Plan

Atlanta June 27 AP The land of cotton shifts toward reduced crops under government plan to remove up to 4,000,000 bales and 10,000,000 acres from production. Texas leads pledges, Georgia and Mississippi report quick quotas, other states show interest as field workers explain benefits and signups continue across the South.

Atlanta Cottom Virginia Texas About &S United States Tion J. B. MacDonald Agriculure Mississippi Georgia Ct. Agriquituee G. C. Adams Touisiana Tennessee Alabama North Carolina South Carolina Oklahoma Charles G. Henry Memphis Mid-South Cotton Growers Association

Weather forecast snippets for Tennessee and Virginia

Partly cloudy with local thundershowers Wednesday and in western portions tonight. Not much change in temperature. Virginia sees partly cloudy with showers Wednesday and in the eastern portion tonight. No significant temperature change. Readings taken daily over the preceding 24 hours.

Tennessee West Tems Perstare Virginia

Markets Surge To New Levels In Broad Advance

New York June 27 Leading commodities rose to new highs as May wheat hit $10.24 a bushel and cotton jumped then retraced. Major stocks gained with specifics like General Motors at 80, U S Steel near 40, and National Distillers at 91.50, while railroad shares showed broader gains and profit taking limited advances.

New York Chicago New York Stock Exchange Cotler Henry Montiay Case Sears Roebuck Tayannational Harvester Montgomery Ward U. S. Steel American Telephone General Motors Allied Chenival Santa Fe Lackawanna Delawary and Hudson New York Central Union Facific National Distillers Products

Daves to Visit Pres Roosevelt at Rosevelt Amberjack Contact

Norman H. Davis aboard the destroyer Bernardon speeds toward the Roosevelt schooner Amberjack 11 to discuss the European disarmament situation with President Roosevelt. Davis recently returned from Geneva arms talks and accompanying the president is his son James from the Boston prohibition convention. Weather could delay the rendezvous.

Lakeman Harbor Rogue Island Roosevelt Norman H. Davis Davis Geneva Bernardon James Boston

Cotton textile industry plans under scrutiny

Washington reports that John R. Johnson presided as Hugh Johnson oversaw a major industrial recovery proposal for cotton textile firms. The plan aims to regulate hours and wages under the National Recovery Administration, establishing a $10-$11 wage scale, a 40 hour week, collective bargaining rights, and limits on machinery operation, with northern mills at $11 and southern mills at $10.

Washington Franklin D. Roosevelt Johnson Supreme Imporch Hugh Jonson National Recovery Textile Mille Sa George A. Sloan New Yourke Gotton-Teatile Robert Amory Nashua New Hampshire Northern

World Economic Conference Leaders Meet in London

Cameraman captures U S Secretary of State Cordell Hull and British leaders in a London recess at the Geological Museum. Hull is shown walking with Neville Chamberlain and the exchequer's deputy as they discuss world problems during the conference.

London U. S Cordell Hull Neville Chamberlin Exsbeqier

Continental Banks Plan to Force Stabilization

Continental banks from France Switzerland Holland and Belgium move to press Britain to stabilize sterling and curb international currency speculation. A secret meeting agreed to back a unilateral Bank of England declaration to prevent further depreciation of continental currencies, aiming to stabilize the gold standard and curb bear market actions blamed for recent currency drops.

Continental Banks London Enu Eczattal France Switzerland Holland Belgium Great Britain Europe Mret Geological Museum Bulium Fronc Bank of Ngland England Bank of England

Moley Shifts Stay Schedules for London Conference

Assistant Secretary of State Raymond Moley, en route to the world economic conference, forks his travel via Flymouth aboard the Manhattan. He salutes Ireland and says the conference will bring benefits to nations, with plans to visit Ireland before returning to America. Herbert Swope accompanies him on the mission at the president's request.

Cobh Irish Free State Stete Raymond Moley London Manhattan Molay Harhor Moley Tiigh Goil Taman Hull Washington Herbert Bayard Swope America Dssistant Roosevelt Croydon Jin Ireland

McReynolds Attacks American Policy at World Conference

Rep Lang D McReynolds criticizes US monetary policy at a world economics conference stating stabilization should be global not national and denounces the 1930 tariff as a Republican move. He notes European central banks discuss pressuring Britain to stabilize currencies while debates over the gold standard and devaluation unfold amid schoolboy-like political tensions.

London Uf1 Lang D. McReynolds Commercial Policy Committee of World Eganoms Vamuk United Stat McReynolds House of Representatives France Switzerland Holland Belwiun Britain Gokd Roosevelt Bank of Wayland Great Britain Sir Tighe Bank’ of England Lean Brazere Bank For International Settlements United States Ireland

Also Mentioned on This Page

Barking Kahn Mountain State Stock Exchange Daves Pres. Roosevelt Joanson Presides Prof. Moley Wreynolds
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