Stock Market Shows Signs Of Exhaustion In Early Trading
Stocks wore down after a climb with profit taking and narrow net changes. Volumes fell to 1,434,500 shares as Commodities kept higher tones led by wheat. steel and metal stocks eased while rails slipped slightly. Proctor and Gamble rose on a quarterly dividend of 37 1/2 cents and copper trading stayed brisk.
MENTIONED IN THIS ARTICLE
of York
Nies
Sterling
New York
JM Commodity Group
U. S. Steel
Westinghouse
DuPont
Case
American Tobacco
Proctor and Gamble
General Foods
Wheat market close quotes from Chicago and Baltimore
Closing Wheat Market Prices report shows Chicago quotations May 58.5, July 59.75, September 61. Baltimore spot wheat listed at 74.12, Winchester spot at 68. Dealers Winchester Milling Corp and Sticker Sales Corpora tion in Hagerstown Md supplied the data via a daily wire.
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Chicago
Baltimore
the Star
Winchester Milling Corporation
Sticker Sales
North
Washington Street
Hagerstown
Winchester
Synthetic lumber from cornstalks hailed in Iowa State lab
Iowa State College researchers and at least three commercial forms claim cornstalk derived material can be manufactured into synthetic lumber. They describe products that may be as hard as steel or as soft as cork depending on processing.
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Iowa State College
Redrafting of Banking Bill Seen After White House Talks
Washington April 11 A banking reform bill faced possible redrafting as Roosevelt opposes deposit insurance and other provisions. Reports say the President may restrict banking to county limits while Treasury objections arise to maintaining national banks' security affiliates. Glass and Steagall aides navigate uncertain conference outcomes with no final action expected for weeks.
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Roosevelt
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Woodin
Glass
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Senate
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Gilbert M. Hitchcock
Nebraska
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Hitchcock
Glass Subcommittee
Federal Reserve
Perkins
Miss Perkins
Roper
Black
Ala
House Labor Committee
Trammel
Fla
New Conspiracy Charges Against Ex Bank Head
Two new conspiracy charges were added against Webster Bell former president of Park Bank and others in the bank closing case. Bell and director Herbert J Hartman face a charge while no and Wilbur F Parker face another. Three judges found Bell guilty in a related trial tied to Clinton O Richardson who died by suicide after the proceedings.
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Baltimore
Webster Bell
The
Park Bank
Bell
Herbert J. Hartman
Wilbur F. Parker
Clinton O. Richardson
Richardson
Roosevelt's Son Sampled Local Brew At Horse Show
John Roosevelt, president's youngest son, enjoys a vacation from school and samples the legalized beer at a stand during the society horse show at Bradley Farms near Washington.
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John
Bradley Farms
Washington
Virginians Stand Against 30 Hour Week in House
Virginia House members show solid opposition to a federal 30 hour work week bill. Senators voted against it. representatives call it unconstitutional and un-American and warn it would shut industries. Secretary Perkins backs federal action with changes to ease administration.
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Capitol
Roosevelt
Virginia
Old Dominion House
Smith
Alexandria
Supreme Court
Darden
Norfolk
Secy. Perkins Inctorses
Commission of Lunacy Called In Judd Case
Warden A G Walker asked Will C Truman to call a sanity hearing for Winnie Ruth Judd, facing execution for the trunk murder of Agnes Anne LeRoi. A jury would determine her present mental condition as she waits for the April 21 hanging.
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Associated Press
Florence
Ariz
A. G. Walker
Arizona State Prison
Will C. Truman
Winnie Ruth Judd
Truman
Superior Court
Walker
Prices Advance on Reports of a Grain Shortage
Wheat futures surged after the government crop report forecast a smaller than usual U S wheat crop and traders anticipated tighter supplies. The market rise lifted the September contract to about 62 1 2 cents a bushel as corn oats rye and barley also gained. Cotton moved higher in sympathy with wheat.
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Chicago
Board of Trade
Washington
United States
Roosevelt
Scotland name origin and future traffic note
The term Scotland comes from the Eleventh century when part of the region was called Scotia, a name once used for Ireland. The piece predicts a pessimist view that by year’s end business will improve and roads will be jammed with traffic again, making driving less enjoyable.
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Scotland
England
Scotia
Ireland
First Hearing On Great Power Project Held
Washington reports the first hearings on Roosevelt's Tennessee River development plan for Muscle Shoals. Norris sponsors Senate bill creating a Tennessee River Authority to manage nitrate and power plants, with a Cove Creek Dam project estimated at 34 million dollars and power sales sharing five percent of gross proceeds to Tennessee and Alabama. House and Senate members push for rapid floor action.
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Roosevelt
Tennessee
Muscle Shoals
House
Senate
House Military Committee
Norris
Rneb
Agriculture Committee
McSwain
D-Sc
Military Committee
Tennessee Valley
Tennessee River Authority
The
United States
Cove Creek
Clinch River
Army
Alabama
April Specials on Flowering Trees at Boxwood Gardens
Boxwood Gardens in Afton Virginia advertises April specials on pink dogwood and white flowering dogwood with price breaks by size and quantity. Japanese flowering cherry blooming size offers 1.85 each with 2 for 3.50 delivered under the same offer.
Death Inquest Opens Into Luray Farmer Kibler's Fatal Wound
T O Kibler a 70 year old Page county farmer was found with a head wound at his home four miles west of Luray Saturday evening. The coroner Dr Virgil Hammer and officials conducted the inquest which continues tomorrow. Handwriting questions and a note directing property to Frank Kibler were discussed as witnesses testified. Kibler died Monday at Rockingham Memorial Hospital after being taken there Saturday evening.
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Hammer
Kibler
Frank Kibler
Kibl
Kible
Rockingham Memorial Hospital
Harriésorsburg
Deepest Ocean Depth Measured by German Cruiser Emden
In 1927 the German cruiser Emden recorded the deepest ocean sounding to date, about 45 miles east of Mindanao in the Philippines, establishing a depth of 35 400 feet or 6.7 miles.
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Emden
Mindanao
Philippines
Wife Preservers Use broom straws to test cake doneness
If you test a cake with broom straws, pluck a handful from a new broom and store them for later use. This old kitchen tip suggests keeping a supply of straw tests on hand to check progress while baking.
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