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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 12, 1930

Page

3

Irregular Market Faces Readjustment After Weekend Trading

Stock prices showed irregular movement amid moderate volume as investors adjusted speculative positions. Allied Chemical led gains, crossing a new high at 343 while Monsanto and several utilities inched higher. The market closed steady with oil and chemical issues showing strength and others retreating.

New York Allied Chemical Monsanto Chemical American Detroit Edison American Water Works International Telephone Hahn and Abraham and Straus R. H. Macy Warner Quinlan Republic Steel Beatrice Creamery J. S. Case Lacawanna Ingersoll Rand Standard Gas Elec Stone and Webster Columbian Carbon United Carbon Youngstown Sheet and Tube Canada Dry Issaas

Liverpool Cotton Prices and Futures Report

Liverpool spot prices were barely steady with American middling fair at 19.03 and various middling grades listed. Sales reached 6,000 bales with 3,300 American. receipts 2,000 bales and no American. Futures closed quiet and steady with April 8.25 and March 8.27 among the listed contracts.

Liverpool

New Orleans Cotton Futures Open Steady on April 12

Cotton futures opened steady in New Orleans with bids on May 15.95, July 16.05, December 15.40, while January 15.40, March 15.73, October 15.26 quoted as bids. The market shows firm tone for the season’s first session.

New Orleans

Good to Take in the Spring

Oklahoma City resident Mrs. L. F. Moyer credits Thedford's Black-Draught with preventing dizzy spells and bilious attacks. She notes relief from constipation and indigestion after using the remedy, claiming it freshens her and adds pep each spring. The ad states a cost of 1 cent per dose.

Oklahoma City Okla L. F. Moyer North Lee Street Thedford

Quotations From Stock Market Trading

A list of stock quotations shows Adams Millis Continental Oil Macy’s Gen Elec Ltd and Vick Finance with latest percentage changes. The figures indicate modest gains and losses across several issues with brief percentage shifts.

New York Cotton Opens Steady Amid Mixed Signals

Cotton opened steady with a net change of about seven points down to one point up as near months sold off and week end cover absorbed offerings. Liverpool cables cited continental liquidation and Bombay buying while Tokyo stock trade resumed, and a large Japanese mill rumored to face economic strains. Shipboard stocks awaiting clearance stood at 117000 bales versus 108000 last year.

New York Liverpool Liverpool Cables Continental Bombay Manchester Stock Exchange Tokyo

Sleeper Unperturbed By Burglar In Room

In Evanston Illinois a pie thief with a gun entered John Hunton's bedroom. Hunton awoke briefly as the thief pressed the pistol to his ribs and warned him to stay still. The burglar fled with articles valued at about $200 while Hunton returned to sleep and later reported the robbery to police.

Evanston John Hunton Hunton

Mrs Willard Wins Dogwood Tourney Over Mrs Wall

Mrs W H Willard of Charlotte defeated Mrs Matt Wall of High Point one up in the Sedgefield invitation Dogwood tournament final in Greensboro. The event drew many out of town entrants and had been underway since Tuesday.

Mrs. Willard Matt Wall Greensboro W. H. Willard Charlotte High Point

Mrs Waldo Woody Dies at Local Hospital

Mrs Eva Terrell Woody, wife of Rev J Waldo Woody of Oak Hill Friends church, died shortly after 11 this morning after months of declining health. Born October 8 1874 in Clinton County Ohio she lived in the city since 1927 and was a Cuban islands missionary for six years. Survived by husband daughter Mary Edith Woody mother Edith Terrell sisters Bertha Terrell A J Hollowell brothers Tasso Gurney Clayton Terrell. Funeral arrangements pending.

Eva Terrell Woody J. Waldo Woody Oak Hill Mrs. Woody Clinton County Ohio James H Edith Nordyke Terrell High Falls N. C Cuba Sheaas Woody Mary Edith Woody Edith Terrell New Vienna Bertha Terrell A. J. Hollowell Guilford College Tasso, Gurney Clayton Terrell

Hillcrest Silk Mill defeats Stehli Silk Mill 14 102

The Hillcrest Silk Mill baseball team routed the Stehli Silk Mill nine yesterday afternoon in a well played yet one sided game. Burres pitched for Stehli unable to keep Hillcrest from scoring. Ridenhour and Petrea starred with the bat for Hillcrest. Nabors caught for Stehli. Henderson pitched for Hillcrest and Spry caught for Hillcrest.

Hillcrest Silk Mill Stehli Silk Mill Burres Stehli Hillcrest Ridenhour Petrea Nabors Henderson Spry

Chicago Grain Sees Wheat Down Amid Stop Loss Selling

Chicago trading opened with heavy declines as general selling, led by speculators, pushed wheat lower despite farm board buyers. Export and milling demand were scarce while weather shifts fueled bearish bets. Corn and oats fell, while provisions slid 5 to 10 cents.

Chicago Farm Board

Pastor to Lead Ten Day Meeting at Red Star West Virginia

Rev. Samuel T. Hensley of Hilliard Memorial Baptist church will depart tomorrow night at 10 41 for Red Star West Virginia to conduct a ten day series. Rev. J M Hilliard will lead both services on Sunday the 20th.

Samuel T. Hensley Hilliard Memorial Baptist Church Red Star W. Va J. M. Hilliard

Fire in derailed cars threatens Wilson

Thirteen Atlantic Coast Line freight cars were derailed at Black Creek near Wilson. A fire destroyed two gasoline tank cars, one crude oil car and eight box cars, with facilities and power lines knocked out. Firefighters remained on scene as explosions sent flames and smoke skyward and traffic shifted to Selma.

Wilmington Selma

Merger Approved by Sheet and Tube Faces Court Fight

Youngstown Ohio April 12 The merger of Youngstown Sheet and Tube with Bethlehem Steel won stockholder approval though final consummation hinges on court battles. 57 821 shares voting for consolidation with 58 080 over two thirds and Eaton forces vow to continue legal challenges alleging improper voting and rushing the deal.

Youngstown, O Youngstown Sheet and Tube Bethlehem Steel Corporation Cyrus S. Faton Cleveland Eaton Common Pleas C. S. Turnbaugh Eaton’s Sheet and Tube Eugene C. Grace Bethlehem James A. Campbell

Young Man Shot In Attempt To Rob Filling Station

Lane Neil of Randolph County is jailed in Asheboro charged with attempting to rob Ed Sechrest at Sechrest's filling station. The incident occurred just before midnight with shots exchanged. Neil was wounded and treated at High Point hospital before transfer to jail.

Lane Neil Randolph County Asheboro Sechrest Neill High Point

Denial of Parker Withdrawal Requests T: Parker Confirmation Hearings Continue

Reports that senators pressed President Hoover to withdraw Judge John J. Parker’s nomination to the Supreme Court were denied at the White House today. Officials said Vice President Curtis and any Republican senators did not request withdrawal. Opposition mainly comes from organized labor and Negro groups as Parker's confirmation faces a Senate judiciary subcommittee.

Washington John J. Parker Charlotte N. C Supreme Court Hoover White House Curtis Parker North Carolina Judiciary Committee Borah Idaho Herbert Rhode Island Overman

Quiet opening in New Orleans cotton market on April 12

Liverpool cables were slightly lower and trading was very limited. In New Orleans July futures rose to 16.10 after an opening sale at 16.07, then eased as May fell to 15.99 and October to 15.26 amid weak cables. New York futures opened steady with May 16.30 and July 16.35 for new contracts.

New Orleans Liverpool P.C

Soviet Trash Drive Converts Waste to Export Goods

Moscow notes the government collects all trash nationwide to turn into export items. At a concert by cellist Anna Luboshitz, admission costs were six pounds of paper rags old bottles tin cans bones or a single pair of old rubbers.

Moscow Anna Luboshitz

Byrns Charges U S Steel Beneficiary of Administration

Representative Joseph W. Byrns of Tennessee says U S Steel is the special beneficiary of the Republican administration. He cites the pig iron tariff as evidence with the tariff rate restored to 1.125 per ton, contrasting Senate cuts to 75 cents. He argues large profits and dividends show the steel trust needs no tariff protection and that the bounty is passed to consumers through higher prices.

Washington United States Steel Corporation Joseph W. Byrns Tennessee Democratic National Congressional Committee Representative Burns Senate Steel Trust Burns

Man plans moon voyage at 50000 mph says Princeton professor

Dr. John Q. Stewart of Princeton predicts lunar travel by 2050 with a ship described as a 110 foot diameter cannon propelled sphere. The plan envisions a 60 crew plus scientists, taking off before noon from a desert and reaching the moon in about 72 hours with a two week long lunar day and extreme temps.

New York John Q. Stewart Princeton University Brooklyn Institute of Arts and Sciences Stewart Moon

Bruening Holds On By Narrow Margin In Reichstag Vote

In Berlin on April 12 the Bruening government survived by eleven votes 217 to 206 with one abstention as it linked finance and agricultural reforms. Paul Lobe announced the result amid leftist cries of shame while Bruening warned of resorting to other means if defeated.

Berlin Bruening Reichstag Paul Lobe Bruenning

Wadesboro Woman Says She Was Placed On Simmons Committee

Mrs. Frank Bennett of Wadesboro, named to Senator Simmons state committee of 100 without knowledge or authorization, says she will not be drafted into the Simmons cause.

Wadesboro Simmons N. C Frank Bennett F. M. Simmons State Committee of 100

Davis to Lecture on Holy Land Days Sunday Night

S. L. Davis manager of the Southern Chair company will present a lecture titled Party Days in the Holy Land at the Salvation Army building Sunday night at 7 45 announced by Adjutant John O Beirne. Davis brings travel stories from a Palestine tour and has drawn audiences here before. a good crowd is expected.

Holy Land S. L. Davis Southern Chair Company Palestine Salvation Army John O’beirne Davis

Forest City Claims Local Minister Samuel McMillon

Elder Samuel McMillon, long serving Primitive Baptist pastor in several North Carolina churches, died in Forest City at 11 p m after a stroke. He was born April 18 1870 in Cocke County Tennessee and had lived in High Point since 1913. He leaves a large family including wife Sarah Caton and eleven children plus many grandchildren. funeral arrangements await relatives.

Samuel McMillon Primitive Baptist Church High Point Forest City N. C McMillon Tennessee North Carolina Virginia Pierce’s Chapel Bunker Hill Tom’s Creek White Oak Springs Cotton Creek Salisbury Cocke County Anderson Phoebe Lindsay McMillen Sarah Caton Tom Wade McMillon East Green Street

Somerville Stirs comeback to lead in match

In Pinehurst Apr 12 C Ross Somerville of London Ontario staged a late rally in the North and South Amateur. He trailed Lugene Homans Englewood New Jersey by four after the first 18 holes. The two players were tied with 72s after 36 holes with the final 18 to be played this afternoon.

Pinehurst C. Ross Somerville London Ont Lugene Homans Englewood N. J

Also Mentioned on This Page

Stanley W. Prenosil Associate Press Aymour Ince Bee Canadian Pac Dupont Erie DTS Gillette Gt West Sug Sveu Houston Oil Hudson Mtrs Es Incom Eimter Inter Nickel Tel Myers Liggett Myers Lorillard Mont Ward Nash Cent Northern Pac Packard Pan Am Pet Cuba Cane Penn R Phil Nor David Chem Phil Pet MORO Rand Scheulte Lasky Seaboard Bea Dig Eas Sears Gy Ees Simmons Co Coe E'Wese Wee Studebaker United Cigar West Flee Ant i Willy Over Oer Woolworth Waldo Woody Stehli Boys Stehli Hurler Byrns U. S. Steel Mr. Davis Somerville High Point Enterprise New Bible
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