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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 22 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 03, 1929

Page

9

Stock prices slide after early strength on exchange

New York reports a drop in stock prices after an opening surge as higher federal reserve rates loom. Oil shares fall on antitrust curtailment doubts, while steel issues show resilience on upbeat national reviews. Credit and money markets tighten with call money at 10 percent and record high member loans.

New York Federal Reserve Wall Street Washington Stock Exchange American Petroleum Institute Reeser Institute Houston Standard Oils California New Jersey Mexican Seaboard Texas Co. Skelly Richfield Pan American B. Marland Prairie Standard Oil Atlantic Refining Steels Grace Bethlehem Ironage Express Adams

Wall Street Stocks Shift As Markets Rally Then Narrow

New York stocks showed wide swings with US Steel scaled back gains after early strength as American Express zigzagged with a 24 percent rise then fall. Industrial shares and rails moved in and out of favor while trading drifted dull toward late afternoon amid regional tensions near Hankow China.

American Express Wright Aeronautical International Telephone A. M. Byers Greene Cananea Copper Canadian Pacific Anaconda Montgomery-Ward Merseles Holdigs Midland Steel Products Baldwin Curtiss Bethlehem Steel

Nationalist Troops Advance Toward Hankow in China

Hankow area report says Nationalist troops of the Nanking government have advanced to within 35 miles of Hankow. Casualties and specific movements not disclosed in the dispatch.

Hankow China Nanking

Alleged Day Violators Re-Elected In Leadville

Mayor R J McDonald and Alderman William E Lapin, both facing trial in federal court on conspiracy to violate prohibition laws, were re elected to their posts in Leadville Ohio election yesterday.

Leadville R. J. McDonald William E. Lapin

De Berry Known for Left Field Hitting with Brooklyn

Brooklyn catcher Hank Deberry is said to consistently hit to left field, with players noting his limited hits to other fields. The remark highlights his leftward power as a defining trait in the lineup.

Hank Deberry Brooklyn

Cotton markets show early declines amid liquidation and weather cues

New York and New Orleans cotton futures opened lower under liquidation and selling, with May and October contracts easing before covering bids. Traders eyed a bullish boll weevil report while Liverpool sentiment remained weak and bids absorbed later losses. Potatoes in Chicago sold slowly on light receipts and steady overall, with white stock weaker on Ohio and Wisconsin routes.

New York Wall Street Liverpool Chicago United States Ohio Wisconsin Texas Bliss Florida

Carriers to be Guests of Show at English Street Grounds

The Enterprise carrier boys will attend as guests of the B and B shows and the American Legion sponsors. Newsies meet at 6 30 at the Enterprise office and ride with the B and B band to the grounds. Kids receive free rides on five devices and free admission to six shows.

Enterprise Carrier Boys American Legion Tree Top English Street Een Newsies Enterprise Office

Havana Promoter Bets Havana Becomes Boxing Center

Harlem promoter Jess McMahon says Havana’s Suggs-Chocolate bout drew 12 000 and will seed monthly cards featuring fighters like Tony Ascencio Rufino Alvarez Al Siinger and Paulino Uzendun with potential to host two monthly events and international matches.

Havana Jess MacMahon Harlem MacMahon Tony Ascensio Rufino Alvarez al Siinger Paulino Uzendun

Canada Grain Fields Gain With Shorter Rail Route

The Hudson's Bay railway project will cut travel from western Canadian grain fields to Europe. Saskatoon to Liverpool drops from 4 878 miles to 3 783 via Churchill, Edmonton to Liverpool 5 224 miles, or 4 182 miles to Churchill. Lower costs and faster delivery boost Canadian wheat farmers in world markets.

Winnipeg Hudson's Bay Railway Canada Europe Saskatoon Liverpool Great Lakes St. Lawrence Churchill Edmonton

Monarch Mills At Union Idle Today

Monarch mills in Union South Carolina are idle this morning as a strike by weavers triggers a general walkout of all employees. The Monarch mills have 1801 rooms and Ottaway mills, about a third as many, are also idle.

Market Report: Eggs Butter and Cheese Prices Revised

New York market notes show eggs unsettled with receipts 39 600 and fresh gathered extra firsts 27 to 28 percent. Butter unsettled with receipts 17 884. creamery products range from 88 to 92 scores. Cheese steady with receipts 76 493.

New York

Rosenfield Poised for Utility Role with Brooklyn Club

Max Rosenfield, formerly an outfielder, may be carried as utility man this season for the Brooklyn club. He played second and first base in college, indicating versatility beyond his college positions. A London fog blends smoke and water but holds less condensed water than fog near the city.

Rosenfield Max Rosenfield Brooklyn London

Fox speed comparison in miles per hour

An estimate places the average fox speed at about 26 mph faster than a coyote but slower than a jackrabbit. The comparison highlights relative speeds among these North American mammals.

U S Elevation Figures: Average and Range

The mean altitude of the United States is about 2506 feet above sea level. Elevation ranges from a high of 14 501 feet to a low of 276 feet.

United States

Stock Market and Industry Updates

Pillsbury Flour mills stockholders approve capital increase to 1,000,000 shares. Borden Condensed declares regular quarterly dividend of 1.50 payable June 1. Heavy melting steel scrap advances 50 cents per ton in Youngstown district. Chicago steel scrap rises to 16.50. Great Lakes coal traffic opens. U S auto production hits March monthly high of 35,600 cars, up 15 percent from February. Brokers loans rise by 125,911,491. Domestic crude production December 26,350 barrels weekly ending March 380 to 2,627,250. Governor Roosevelt signs Williams bill enabling more bank and trust directors. Industrials average 393.49. Rails average 149.26 up .74. JNO F CLARK & CO.

Adams-Mills Oat Allied Chem and Dye Ludlum Steel Eee Bosch Mack Trucks Inc . Oy Marland Oil Miami Va Am Tobacco Mo Kan Tex Wienee Am Steel Montgomery Ward Atchison Bethlehem Steel New York Central Ohio Am Corp Chio Nor West Alu Otis Steel Packard Motors Chrysler Corp . O Coca Cola Co Penn Ry Colo Pierce-Arrow Motor Oe Congoteum Nairn Eee O SR Er Congress Cigar Co Conti Motors Radio Corp of Am Usold Crucible Steel Remington Rand del and Hudson DuPont del Com Tron and Steel Klee Ll. and P Co One Reynolds Tob Fleischmann Co Aoe Tite St Louis San Ff Torr Tls Sears Roebuck Eee Freeport Texas of Re Sinclair Oje Southern Goodyear Tire Cree Gulf Mobile and Nor Hudson Motors O Union Pac RR Intl Comb Engron United Cigar Stores Eee Ie Us Ind al US Steel Corp Tel and Tel Vick Chemical Eee Kelly Spire e@ene REM Kennecott Warner Bro Pic Com Kresger 8S Com Coseseny Borden Condensed Youngstown Chicago Steel Great Lakes United States Auto Production Stock Exchange Brokers Roosevelt Wiliams Banks and Trust Company JNO. F. Clark & CO

Stock opinions on market outlook and weather impact

Hubbard Bros. advise against being short as new crop starts. Wade Bros. note absence of outside business but continued buying. A bearish weekly weather report could push prices lower before a rise. Pynchon cites outside buying from Vicksburg on rising Mississippi River. JO. F. Clark & Co. comment on favorable response to constructive news.

JO. F. Clark & CO

Oil Stock Opinions Mention Prince and Whitely

Stock opinions remark on current oil prices and potential future movements. The text notes figures Prince and Whitely in relation to the market outlook, suggesting prices may require adjustment if conditions change.

Prince and Whitely

Market commentary hints at further gains for oils and steels

The report notes that good oils may rise in price and that steel stocks like U. S. Steel and Bethlehem Steel remain highly regarded. The outlook suggests a period of mixed trading with a backing and filling movement likely to continue through the week as analysts expect two sided trading.

E. F. Hutton Halle & Stieglitz U. S. Steel Bethlehem Steel

Cotton Market Report Highlights Stabilizing Prices

Liverpool daily notes American points lower than due with mid 108 against 1990 yesterday. Weather forecasts for the cotton states vary from fair in Carolina and Oklahoma to cloudy elsewhere, with favorable weekly conditions and near normal Texas planting progress. Worth Street inquiries continue but large buyers show little interest. spot sales small with no pressure to sell and supply tightening amid high weevil survival. Memphis review in Journal of Commerce confirms active spot trade though numbers stay modest in Charlotte and Spartanburg as cables ease amid better weather.

Liverpool Carolina Oklahoma Fair Worth Street Memphis Cotton Review Journal of Commerce Texas Charlotte and Spartanburg JO. F. Clark & CO

Chicago hog market opens lower on light direct entries

Chicago April 3 hog market opened about 15 to 25 cents lower with 14 000 head reported including 3 000 direct. Later trade showed declines of 25 to 40 cents as buyers and sellers adjusted bids and offers.

Chicago

Market Livestock Prices Plummet Amid Narrow Demand

The report shows varied prices across cattle pigs and sheep with moisture in demand. Slaughter classes steady to weak while steers yearlings and heifers display mixed gains and declines. lambs show weak to lower indicators as buyers retreat.

Liverpool Cotton Prices and Totals in Limited Demand

Liverpool April 3. Cotton spot in limited demand with prices down. American strict good middling 11.60, good middling 1.20, strict middling 11.00, middling 10.80, strict low middling 10.55, low middling 10.25, strict good ordinary 8.85, good ordinary 9.45. Sales 5,900 bales, including 4,100 American. Receipts 11,006, American 3,800. Futures closed quiet May 10.58, July 10.60, October 10.49, December 10.47, January 10.46, March 10.46.

Liverpool

Also Mentioned on This Page

Commercial National Bank Wuhan Yanglo Silvertone Sears Roebuck Company P.C New Orleans NEA Chihuahua City Mexico Jorge Mitchel Enterprise Canada Grain Fields Monarch Mills Union Pillsbury Flour Mills INO. F. Clark & CO Chicago Livestock W. F. Freeman, Engineer West Wassington Mae Ier
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