Market swings drive stocks to new lows amid tax bill unease
New York stocks rebound then liquidate as senate tax measures unsettle investors. Utilities sold heavily while American Tobacco and U S Steel teetered near lows. Interbank lending and impaired collateral sales deepen downturn with New Orleans cotton also sliding to season lows. futures close mixed with futures markets retreating on heavy liquidation and weak demand.
MENTIONED IN THIS ARTICLE
New York
Congress
Senate
American Telephone
U. S. Steel
Consolidated Gas
American Tobacco
Standard of California
Sears Roebuck
United Gas Improvement
Hershey
Colgate Palmolive
Western Union
American Water Works
New Orleans Cotton Seed Oil Prices Today
New Orleans price report shows steady cotton seed oil with futures for June at 3.07, July at 3.12, August 3.15 and later months ranging to 3.35 for January. crude and yellow grades quoted in tight ranges.
MENTIONED IN THIS ARTICLE
New York
Cotton Seed Oil
Cautton
New Orleans
Chicago
Liverpool Cotton Prices and Futures Close Steady
Liverpool notes June 1 cotton totals 12 000 bases with 10 900 American. Spot demand strong and prices fall fifteen points. Quotations list various grades from strict good middling to good ordinary with values from 4.72 down to 3.47. Futures settle steady with July at 3.89 and later months including Oct 8.91 Dec 3.94 Jan 3.97 March 4.03 May 4.08.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Senate
Mary
Sugar markets steady amid small changes in New York
New York sugar markets showed little movement with September contracts at 2.68 and refined sugar at 3.75. London reports warnings of a potential summer mosquito plague in England due to a mild winter. In Adana, digging uncovered a perfectly preserved bronze statue of a Roman general, claimed to be 1,000 years old and priceless.
MENTIONED IN THIS ARTICLE
New York
London
England
Adana
Turkey
Moultrie Hog Market and Chicago Livestock Report
Market notes from Moultrie Georgia show packer hog prices from 2.50 to 3.00 with sows at 2.50. Chicago livestock market reports hogs active and higher with various weight classes, and cattle prices and movement described amid solid demand. Wheat and corn cash quotes and futures also listed for St Louis and Chicago exchanges.
MENTIONED IN THIS ARTICLE
Moultrie
Chicago Livestock
Chicago
New York Eggs Market Reports Mixed Colors and On Credit Sales
New York on June 1 reports egg prices and standards with irregular output. Mixed colors and rehandled receipts show varying percentages, including special packs and unusual hennery selections. A portion of gold eggs were noted as store credit purchases.
MENTIONED IN THIS ARTICLE
New York
Chicago butter and eggs price and quality report
A Chicago market snapshot lists butter and eggs with varied grades and scores. It notes creamery specials at 93 points, extra firsts around 90 to 91, and current yields, storage packed grades, and fee estimates showing a steady market.
MENTIONED IN THIS ARTICLE
Chicago
Three Arrested in Atlanta Theater Bombing Incident
In Atlanta on June 1 three people were held on blanket charges after a Georgia Theater bombing. Two suspects confessed and police identified Royce Means as the instigator. Herman Mosely and Mike Carmichael admitted involvement. An unexploded tear gas bomb, odor bomb, and a live snake later surfaced amid theater threats.
MENTIONED IN THIS ARTICLE
Atlanta
Georgia
Herman Mosely
Mike Carmichael
Royce Means
Means
Mosley
Carmichael
R. B. Wilby
Georgia Theater
Paramount Theater
Wilby
Watauga Settlement Forms Self Government in 1772
The Watauga settlement in Tennessee established its own government in 1772, emerging as the first independent state in America and signaling early self rule beyond colonial control.
MENTIONED IN THIS ARTICLE
Watauga
Tennessee
America
DeKalb and Fulton Merger Petition Circulated in Georgia
A petition in Decatur seeks a merger election for DeKalb and Fulton counties. If 20 percent of registered voters sign, an election will be called. A two thirds majority would be required to approve the merger with Fulton expanding earlier to include Milton and Campbell counties.
MENTIONED IN THIS ARTICLE
Decatur
DeKalb
Fulton
Atlanta
W. S. Morgan
Hal M. Lindsay
R. B. Blackmon
Fulton County
Milton
Campbell
Bonus marchers near Washington press for cash payments
About 500 veterans head toward Washington as 300 depart Cumberland Maryland and 200 near Winchester Virginia. Police track arrivals while 1,500 already occupy parts of the city and 600 are housed in two vacant buildings. Montgomery veterans resume hitchhiking in national guard trucks en route to join others urging Congress to pay the remainder.
MENTIONED IN THIS ARTICLE
Washington
Cumberland Md
Winchester
Montgomery
Ala
National Guard
Congress
Suit for receivership against Warner Bros Pictures
In Wilmington Delaware on June 1 a suit for a receivership was filed in federal court here against Warner Bros Pictures Inc by Warry Koplar of University City near St Louis Missouri. The action seeks court appointment of a receiver to wind up the company business circumstances not specified. Koplar is identified as the plaintiff in the case.
MENTIONED IN THIS ARTICLE
Alaska
al Chem & Doe
Saenee
Atchison
Auburn Auto Be& Oo
Bendix
Bethlehem Ste
Canad Pac
Ches. & Ohio
Chi & NW
Chrysler
Cora Cola
Colum
Wrisht Drug Inc Ae
Eastman Kod
el Pow & Tt
Gen Filec
General Foods
Goodyear Tire & Rub Razor
Nick Can
Welvingter Kresge
Kreust & Toll
Loew's
Lorillard Nis I Liege
L&n Mo Teomery
Pow & St
Ohio
Ww & Htfd
North
Packard Mot
Parem Publix
Penn
Penn Dix Cement
Procter & Gamh
Aes Sears Raehark
Socono Vacuum Labepats
Standard Gas & Elec
Stewart Warner Ke Texas Corp 3
Trans America
Carp
Tait Gas Trion
Ad S
Tnk
Wihnington
Del
Warner Bros. Pictures, Inc
U. S
Warry Koplar
University City
St. Louis
Hindenburg Honors Grow in Nuremberg
Nuremberg adds President Hindenburg to its list of 172 honorary citizens and names a street Hindenburg Avenue honoring the notable figure.
MENTIONED IN THIS ARTICLE
Hindenburg
Nuremberg
von Hindenburg
Gas and Electric Co. workers mapped gas line march route
The Macon County sheriff learned that a 3,000 yard private course and adjusted service certificates were involved as union laborers were warned the army was moving. Other Alabama counties supplied gasoline and trucks to advance them toward West Point Georgia.
MENTIONED IN THIS ARTICLE
Union Gas and Electric Co
Cincinnati, C
Macon
Tuskegee
Alabama
Georgia
West Point
Fitzhugh Wins Spectacular Match In Southern Golf Meet
Mrs. Ben Fitzhugh of Vicksburg Mississippi defeated Mrs. Dan Chandler of Dallas two and one in the second round of the Women’s Southern Golf Association tournament at Hot Springs Arkansas. Also, Mrs. Walter Beyer Tulsa defeated Miss Hilda Urbantke Austin with four birdies and an eagle.
MENTIONED IN THIS ARTICLE
Hot Springs
Ark
Ben Fitzhugh
Vicksburg
Miss
Dan Chandler
Dallas
Texas
Walter Beyer
Tulsa
Hilda Urbantke
Austin
Austin. Mrs. Beyer
Leon Solomon
Memphis
C. J. Gaffney
Little Rock
Davis Gaut
Ann Kennedy Parish
Gaut
Margaret Maddox
Atlanta
S. G. Hopkins
Texarkana
Margaret Smith
Birmingham
Alabama
Aniela Gorczyca
Fort Worth
Mississippi River
Mississippi
G. Hopkins
Dave Gant
Elizabeth Dunscombe
Ralph Randolph
Old Currency Crumbles When Exposed in Lafollette Bank
Currency brought to Lafollette Tennessee banks proved so old it crumbled on air exposure. Bank customers witnessed the brittle notes deteriorate quickly, prompting officials to caution handling damaged money and refer to disposal or redemption procedures.
MENTIONED IN THIS ARTICLE
Lafollette
Tenn
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NEW York Stock Letter
Claude A. Jagger
Associated Press
Ctton
New York Cotton Exchange
Wall Street
Rio
Santos
Moultrie Hog Warket
D. A
Wisconsin
Louisiana
Cliss
Dekalb and
Carol Burgeson
Duluth, Minn
Northwestern University
Warner Bros
MON
THUR
Boswell Sisters
Chesterfield
Licenrr & Mymas Tosacco Co
WED
SAT
Ruth Etting
Tues
Fri
Alex Gray
Nat Shilkret
Norman Brokenshire
Columbia Network