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This newspaper page contains 10 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 05, 1929
Page
10
Chicago speculators shift from securities to commodities, doubling margin activity at KaSalle Street brokers in three months. L. M. Stein notes lower capital outlays for grains and cotton, with margins four times stock market requirements, signaling a growing trend as stock shakeouts push traders toward grain and cotton markets.
A government educational film prepared by the commerce department with the US Bureau of Mines and a major oil company features southern Mexico oil gushers. It shows two tons of drilling tools hurled by a blast and the derrick top blown off, plus the famed hill of tar signaling Mexico’s petroleum potential.
Compilation from the Lyon Mercantile Agency lists furniture industry failures in March 1929 with a comparison to the same month in 1927 and 1928. The record highlights business strain and notable entities affected within the sector.
The Friday Afternoon Club continued its Shakespeare study with Anthony and Cleopatra read by Mrs. J. G. Crutchfield and entertained guests including Mrs. Henry Owsley of Greensboro who shared readings. Easter candy gifts, spring flowers, and a two-course salad reception marked the meeting along Salisbury Street.
The report notes diamond imports to the United States fell over the 1927 and 1928 years, with 1928 purchases totaling 42,396,162 dollars in cut diamonds and 11,935,191 dollars in uncut stones, marking the lowest two year total since 1921.
Maj. Gen. John A. Lejeune will lead Virginia Military Institute next fall, succeeding Gen. William H. Cocke. VMI, famed for military tradition, boasts a high World War I service rate among alumni and a storied past highlighted by the New Market clash of 1864.
The article notes Virginia Military Institute known as the West Point of the South for Confederate service. It describes cadets under Stonewall Jackson marching to Richmond seven days after the war began, serving as instructors then advancing in rank, the school closing temporarily, reopening in 1862 to train officers, and the federal burning of the school in 1864 with 1915 reimbursement. General Lejeune will be the sixth superintendent since 1839, following Colonel Claude Crozet as first head.
Miami mayor E G Sewell has given the city keys to more than a hundred visiting notables during 1928 29 welcomes. Each guest received a formal reception and the wooden key presented by the mayor symbolized the city's hospitality to guests who stayed from one day to several months.
A brief list heads with President Hoover among leaders in diplomacy, sports, business and the performing arts, highlighting notable figures across varied fields. The item outlines a cross field survey of prominent national leaders.
Manila reports a sharp rise in iron and steel imports in 1928 with principal items valued near 15.5 million dollars, up 30 percent from 1927. All other iron and steel goods add about 0.7 million to total imports of 7.853 million dollars. The United States supplied 82 percent of these imports, up from 77 percent in 1927.
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