Cotton textile code talks fuel voluntary pay deal
Washington June 30 cooperation between federal administrators of industry and agriculture was spurred by President Roosevelt in an order during his sailing trip. Cotton manufacturers faced a pivotal hour as they pressed for a voluntary agreement on minimum pay while analysts weighed the code of fair competition under the recovery act. Johnson and allies urged a quick negotiation as textile chiefs urged a 40 hour week and higher minimums. The session aimed to resolve labor disputes and prepare a final code for possible approval.
MENTIONED IN THIS ARTICLE
Washington
ATO
Aericultre
Tr Ain
Roosevelt
Cuit
Wallace
Autieultare
Aden
William
American Federation of Labor
Ansious
Johnson
Allen
Isher
Owl Green
Cntron Textile Institute
Atlanta Business Review Notes Mixed May Trends
The May 1982 review reports rising rail and trade activity with a 128 percent jump in share values over April, a 14 percent growth in trade, and a 21.8 percent rise in net shipments. Building permits in twenty cities soar 87 percent from April and 140 percent from May last year. Cotton consumption by U.S. mills climbs 2.0 percent. production and shipments gain, while farm and rural indicators show modest increases.
MENTIONED IN THIS ARTICLE
Lanie
Aliana
Res View
Southern Pine Association
Crills
American Mills
Davis
Relief Editor's Note On New Federal Housing Law
This piece summarizes enacted housing laws from the latest session, explaining a proposed 210 million dollar government owned shore mortgage corporation. Officials say it will operate nationwide with agents in every county to aid homeowners with mortgages on homes valued above 29 thousand dollars, with mortgage tax considerations and bond issuance to fund the program.
MENTIONED IN THIS ARTICLE
Associated Pass
Coxplain
Comeors
F Washington
Tone
Shore Guenets Bogie Corporation
Tn Suuzast
Hay
Tobacco trade seen in better shape at Virginia Beach
At the thirty third annual convention of the Tabacca Association of the United States A G Carrington president reported the tobacco trade in much improved condition with a move toward cheaper products and better markets. He cited factors depressing exports including reduced production and foreign buyers cutting American tobacco usage. He warned that Britain bought less volume so far in 1930 while predicting crop increases in drought districts would appear modest. He noted uncertain relief from the farm bill and criticized a five day week as hardship for the industry. Continued on page six.
MENTIONED IN THIS ARTICLE
Virginia Beach
Van
A. GB. Garvington
Tabacca Association
United States
Carrington
Ma. Carrington
Britain
Guervia
South Carolina
Master Carolina
Old Belt
North Carolina
Virginie
Kentucky
Tennessee
Bagley
Australia Holds Key to Wheat Restriction Action
London reports Canberra accepts in principle a plan for wheat restriction with Australia to negotiate with European countries and state governments. Australia would set a per acre limit, maintain export rights for 1934-35, and seek cooperation with the big four exporters while awaiting agreement among growers and provinces.
MENTIONED IN THIS ARTICLE
Action OF
Australia
London
Canberra
Auswalla
Yexperts
Stanley M. ‘Bruce
Sydney
Weather Outlook: Showers Near Tennessee and Virginia
Tennessee will see lingering showers tonight and Saturday with little temperature change. Virginia expects partly cloudy skies with local thundershowers mainly tonight and across the southern portion Saturday, temperatures steady.
MENTIONED IN THIS ARTICLE
Tennessee
Virginia
Heat Eases Drought as Midwest Sees Temp Surges
Drenching rains and winds broke a heat wave across the western and midwest regions. Temperatures topped 100 in Oklahoma City for a stretch of days while Chicago endured 96 as storms caused damage. several deaths were reported from heat and lightning, with Missouri and Illinois seeing heavy rainfall and wind.
MENTIONED IN THIS ARTICLE
Associated Press
Widdly West
Juan
Shattuck
Okla
St Innction City
Kas
Oklahoma City
Bluffton
Ind
Kansas City
St. Louis
Oklahom
Chicago
Gary
Hammond
Illinois
Ottawa
Missouri
Amelia
N. C
Moorhead
Minn
Newkirk
Pratt
Wichita
Kansas
Detroit
Wisconsin
Milwaukee
Mercury
Lincoln
Neb
Pittsburgh
Ohio
Mahoning Valley
Tadiana
Michigan
Fatbolman Named Nashville Patrol Appointee
James B. Harrison of London was appointed to the state highway patrol today by Chief Benton Merwillin. His compensation will be $100 a month.
MENTIONED IN THIS ARTICLE
Fatbolman
Nashville
James B. Harrison
London
Benton Merwillin
Uncle Sam Trims Payroll Open New Fiscal Year
The article outlines a billion dollar cut in federal expenditures for the new fiscal year with thousands of personnel jobs eliminated or reduced. It notes a 15 percent wage cut already in effect and widespread layoffs, affecting long-serving employees and those with pension eligibility. Departments such as commerce and standards face deep cuts, with hundreds losing positions.
MENTIONED IN THIS ARTICLE
Uncle Sam
Sei Us
War
Washington
War Department
Commerce Department
Bureau of Foreign and Domestic Commerce
Bureau of Standards
Mattern Rescue Expedition Heads to Alaska From New York
New York dispatch reports the Mattern rescue team plans a systematic search from Nome after a flight from Khabarovsk via Siberia. Chief Gibot William Alexander leads the expedition with Fred Wetlerman, Herndon, Abbey, and cop Haris, stopping in Dayton Akron Winnipeg Edmonton Whitehorse and Nome to gather equipment and search for the missing explorer Mattern who carried hunting gear for survival.
MENTIONED IN THIS ARTICLE
New York
Ploystan Utanderd Tnne
Alaska
Gibot William Alexander
Nome
Mudern
Sen Angelo
Lex
Tren
Alexander
Dayton
Akron
Ohio
Winnipeg
Gehen
Edmonton
Alberta
White Soreen
Mattern
Khabarovsk
Death of James B. Criswell Shocks Knoxville
James B. Criswell Republican member of the state election commissions is found dead in his Knoxville apartment. He previously served as vice president and general manager of the Haynes-Henson Shoe Company and was named to the state election board in January. Officials note vacancies are filled by remaining members unless the legislature is in session.
MENTIONED IN THIS ARTICLE
State Election Commission
Knoxville
James B. Criswell
State Elections Commission
Criswell
Barhelor
Guy Bell
Benjamin Cates
Griswell
Haynes-Henson Shoe Company
Nashville
Roy H. Heeler
Beeler
Kuhn Loeb losses expose 1932 assets drop to 84 million
Senate inquiry materials show Kuhn Loeb and Company assets fell from 67 to 84 million in 1932 with cash from 16.3 million down to 3.6 million. Otto Kahn testified profits from Pennroad Corporation and fees totaling about 5.87 million and 400 thousand, while stockholders faced erosion and voting trusts drew sharp criticism.
MENTIONED IN THIS ARTICLE
Washington
Kuhn
Loeb Jand Company
Senate
Otto HH
Kehn
Loeb
Pennyoad Corporation
Pennsylvania Railroad
Ferdinand Pecora
Senate Banking Committee
Kahn
Pennroad
Re opening of East Tennessee National Bank plans announced
Trustees Cecil H. Baker Charlton Karns and M C Cowan said re opening is near and notes for about 17000 shares will be turned over to the receiver more than the minimum. More than 75 percent of depositors signatures have been given and deposits may receive 14 to 18 percent on reopening.
MENTIONED IN THIS ARTICLE
Knoxville
East Tennessee National Bank
Cecil H. Baker
Charlton Karns
M. C. Cowan
Economic session header for rocks ir plea unheeded
London June 40. The world economic conference awaited word on stabilizing dollar fluctuations. American delegates led by Assistant Secretary of State Raymond Moley debated a plan to curb rapid currency swings, with no fixed dollar target. France and Britain sought to prevent sudden shifts while leaving Roosevelt’s options open. High officials met at Downing Street to discuss currency issues as talks stalled pending a broader agreement.
MENTIONED IN THIS ARTICLE
London
Raymond Moley
Roosevelt
Moley
Pinanea
Georges Botnel
France
Herdi Colijn
Holland
Immerely
Ramsay MacDonald
Neville Chamberlain
Great Britain
Bonnet
Paris
MacDonald
Neville Charberlain
Number 10
Downing Street
Flatiron Building Sold in New York Auction
The Flatiron building was sold for 100000 by the Equitable Life Assurance Society on a Supreme Court foreclosure sale. The bid was the only offer, prompted by a fire mortgage of 1296727 and taxes of 139 with interest. Auctioneer Edwin H. MacDonald oversaw the sale.
MENTIONED IN THIS ARTICLE
New York
Atetioneers
Equitable Life Assurance Society of the
United States
Supreme Court
Idwin H. MacDonald
Hughes Upsets Sutter At Wimbledon In Straight Sets
English fourth seed George Patrick Hughes defeated American third seed Louis Sutter in straight sets 9-7 7-5 to advance in the Wimbledon championships.
MENTIONED IN THIS ARTICLE
Sutter
Wimbledon
Eng
June Sc
George Patrick Hughes
Also Mentioned on This Page
LA . S
PEG
Atlanta
Homer
iTobacco Association
COOD
Mattern Rescue
Wavy
Fromm N. Y
J. B. Criswell
White House
Campobello
Swanson
Dianapolis
John M. Smesllie
Campobello Island
New Brunswick
Indianapolis
Potomac
Navy
South
Florida
Georgia
Mississippi
Mittee
Kuhn, Loeb
J. P. Morgan and Company
Dillon, Read and Company
Chase Securities Corporation
Pecora
J.P. Morgan
Pennoad Corporation
Bein
Memphis
Tenn
Charles FE. Hutchins
Hutchins
U.S
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