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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Mar 07, 1930
Page
6
The report to the House recommended rejecting Senate amendments and adopting the measure with conference changes. The amendments would raise the $191,000,000 appropriation by $341,195 over the Governor's budget, and adjust the bill as passed by the House.
Enid, torn by doubt and fear, plans a bold act to stop Roy from robbing a Wall Street wall safe at the Markman residence. She resolves to burglarize the safe herself tonight using a disguise, hoping to thwart the crime and protect Roy from police scrutiny.
The state Senate approved a chain store tax bill with an amendment by Delegate Hall to combat constitutionality concerns. The first five stores are exempt, a point Duke Senator Buchanan argued would not affect validity. C H Morrissett, state tax commissioner, called the amendment unconstitutional while defending the measure as curbing unfair competition.
After an initial pause stocks rose with over fifty issues reaching new highs. Traders noted a lack of decisiveness from the New York Federal Reserve directors to cut the rediscount rate despite a drop in the Bank of England charge, while banks expect an easy credit policy and lower rediscount rates soon. Call money renewed at 4 percent but drifted back to 3 percent.
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