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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 18 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 13, 1929

Page

5

Extreme dullness marks final stock session of week

The market shows extreme inactivity with irregular price moves and heavy profit taking on major industrials. Copper shares fall as red metal prices retreat while United States Steel trades on expected rights news, and a few high priced issues retreat. Total volume about 1,200,000 shares.

Stanley W New York Wall Street Cerro de Pazo United States Steel Corporation American Express Commercial Solvents Wright Aeronautica Westinghouse Electric Union Carbide International Telephone Stromberg Oppenheim Collins Hershey Austin Nichols Postum William C. Duran Europe

Chicago Livestock Market Report Apr 13 Hogs Cattle Sheep Prices

Chicago market shows hogs at 200 to 200 lb loads around 11.65, 4,000 head traded with steady to strong tone. Cattle bulk traded 13.50 to 14.75 for steer and yearling classes with better quality. stockers and feeders mostly 10.75 to 12.50. Sheep and lambs week totals include fat lambs around 17.75 to 17.50 late and clip lambs 16.60 with ewes 10.00 to 11.50.

Chicago Iowa Nebraska South Dakota California

New York Cotton Opens Steady After Mixed Trade

Cotton opened steady with a slight decline then modest gains as traders eyed the weather outlook. July and December futures rose, while weekend selling limited gains. prices surged on cover and buying before retreating amid nervy forecasts for Texas and potential eastward showers.

New York Liverpool Texas P. C

Farm relief moves dominate wheat traders in Chicago

Wheat futures rose on relief news in Washington then fell back after profit taking as corn and oats showed smaller gains. Provisions edged lower while traders watched policy developments and waited for clarity on relief measures.

Chicago Ill Washington

Prices on goitgrood goods steady as trading quiets

New York April 13 Demand for unfinished cotton goods eased and prices held barely steady. Concessions on some cloths with high production. firmer where stocks are scarce. Finished goods show less change while gray goods remain active in orders. Mills expect activity into May and beyond with large past orders and rising unfilled orders. Prices current in primary markets listed for print cloths and denims.

New York Sliec

Cotton futures rise on Census demand data in New Orleans

First trades show gains after Census Bureau consumption figures. Opening July and October prices briefly rose but retreated, while declines were halted by weather concerns. Cotton futures end the hour steady with small gains as May to December contracts trade in modest ranges.

New Orleans Census Bureau P. C

Swain County Education Board Resigns in Unison

Bryson City NC April 15 The entire Swain county board of education resigned by wire to state superintendent A T Allen. Controversies over school locations were blamed though members gave no statements. A delegation demanded the removal of H Coffee. Raleigh April 13 Dr Arch T Allstate superintendent said he was asked to withhold appointment of another board until further information could be presented. Governor Gardner will call a meeting to decide on proceedings.

Dr. Allen Wright Allen Bryson City N. C Swain County Raleigh Arch T. Alle N. E. Wright

Two Men Shot Dead Found in Auto Near Cicero Hotel

Chicago report says two men were found shot to death slumped in the rear seat of a Sarge sedan near a western hotel alley in Cicero. Officer Price chased suspects who fled before the bodies were recovered. one man was identified as William Clifford, tied to a prior slaying case.

Chicago Sarge Cicero George Price Cicero Department Price William Clifford Clifford Albert Pratt Hawthorne Hotel al “Scarface Capone Miami Fla

Strike lines hold firm in Carolinas textile towns

In North and South Carolina mills 450 workers idle as Wennonah and Dacotah plants in Lexington NC close indefinitely. Dacotah officials deny strike threat. Loray Mill at Gastonia shows slight improvement. South Carolina towns Union Greenville Anderson Woodruff stay idle while Lexington hosts union meetings.

Charlotte North South Carolina Wennonah Dacota Lexington N. C Dacotah Card Room Gastonia Manville-Jenckes Company Loray Union Greenville Anderson Woodruff National Textile Workers Union Wenno

More Cotton Used Than A Year Ago In March

The census bureau reports March consumption of 632,808 bales of lint and 76,746 bales of linters, up from March last year. In consuming establishments total lint and linters reached 1,730,944 and 228,544 respectively, with public storage and compress holding 3,177,147 lint and 137,? linters. Exports totaled 555,986 bales with 13,667 linters, while imports in March were 37,124 bales.

Awashington Census Bureau

Van Ryn Wins North and South Net Title at Pinehurst

John Van Ryn, ranked sixth by the United States Lawn Tennis Association, defeated Sad Adaru Onda after dropping the first set 6-3. He won 6-1 6-1 to capture the 11th United North and South Tennis Tournament title in Pinehurst North Carolina. The Orange New Jersey star played fast rally tennis against the Japanese Davis Cup star.

John van Ryn Pinehurst Pinehurdst N. C United States Lawn Tennis Association Sadadaru Onda Orange N. J

Construction of Belfast Motorship Aims for Record Size

The largest motorship of its kind is under construction in Belfast for the White Star line. It will be 1000 feet long and 60 000 tons with the biggest diesel engine installation and electrical plant yet used at sea. Engines are expected to develop about one thousand horsepower.

Belfast White Star Line

Banks of England release sovereigns. oil, stocks move

Banks of England released 250 000 pounds in sovereigns. Standard Oil of New Jersey to acquire Daggett and Ramsdell Mfes for about 1 500 000 in stock if estate exchange is approved. Tidal Osage Oil and Darby Pete stockholders vote May 14 on merger on share for share basis.

Banks of England Standard Oil New Jersey Daggett and Ramsdell Mfes N. J Daggett and Ramsdell Henry M. O'Neill Tidal Osage Oil Darby Pete Y Lamont Commerce Dept Rubber Pool Shell Union West Texas Chrysler Corporation Marmon A. R. Heiskell

Cotton and market notes from Liverpool to U S traders

Cotton prices in Liverpool fell six to eight points with 4000 mids at 1085 against 1089 yesterday. Export and trade updates include British piece goods March exports down 63 million sq yd from last year. Market outlooks from Pynchon Thomson McKinnon Bartlett Fraizer on grains, corn, oats and wheat.

Liverpool Carolinas Georgia Alabama Fair Mississippi Arkansas Oklahoma Texas Worth Street Charlotte Special Gastonia Thomson McKinnon Bartlett Fraizer

Stock Opinions on Steel Plays and Market Outlook

Tobey and Kirk expect U. S. Steel to rise and Gulf States and Crucible to move up sharply. Hutton forecasts March 26 as the culmination of recent bearishness with stocks edging higher despite public gloom. Hornblower sees steels as leaders with U S Steel possibly reaching 200. Bethlehem Steel, Republic Steel and Youngstown Sheet and Tube also recommended.

Tobey & Kirk U. S. Steel Gulf States Crucible E. F Bethlehem Steel Republic Steel Youngstown Sheet and Tube

Can-Continues To Stand Out In Stock Strategy

JNO. F. CLARK & CO outlines plans before Tuesday’s special meeting and the new stock subscription terms. They aim to take profits near 149 on American Can while predicting a long term rise to 200. Vanadium remains slower but volatile, with a preference to own a few shares and buy at market rather than wait for a breakout.

Simpson 6th IK Blister Brigade Faces Buckeye Road Test

Cambridge Ohio April 13 Charlie Pyle's blister brigade runs 25 miles from Cambridge to Zanesville on a holiday start at 10 a m after 500 miles in 13 days. First five leaders Ed Gardner Seattle 86 29 25 Peter Gavuzzi Eng 86 31 00 John Salo Passale 91 23 07 Giusto Umeri Italy 92 17 00 Paul Simpson Burlington NC 92 33 38.

Atchison Ee Ee Air Reduction Co Nm Atlantic Refining Ee Ae Ee Laco Barns Corpu Nee Ss B & O Se Bosch Mag Beth Sdl le Ya Childs Co Colo Fuel & Iron Chesa Ohio Canada Pac Curtis Aero Chroyeley Ff Davison Chem Oe DuPont Elec 1 & P Co Fleischmann Freeport Texas Fox Film Corpn Gim Bros Goodyear Tire Eee Houston Oil Cambridge Charlie Pyle Buckeye Zanesville Wheeling W. Va Ed Gardner Seattle Wash Peter Gavuzzi Eng Tohn Salo Passale M. Jy Giusto Umeri Italy

Texas ex Senator Joseph Bailey Dies In Court

Former U S Senator from Texas Joseph W Bailey collapsed dead in a Sherman district court while attending as an attorney in a toll rate case on a bridge over the Red River. He had sought transfer to federal court before his collapse. Court staff summoned a doctor who pronounced him dead.

Sherman Tex Joseph W. Bailey United States Texas

Also Mentioned on This Page

Jno. F. Clark & Co Commercial National Bank Nah Dacotah Mills Gastonia Gastonia J. A. Bauch Kresger Kroger Lig Myers Loews Ink Mont Ward Murry Coron Magma Natl Ory Nail Dairy Nor Am Coron Radio Corpn Repub Iron & Stl Sin Oil Simmons Co Studebaker Safeway Texas Corpn Texas Gulf Sul Education Board IN Swain American Rwy. Assn Dunn's MNO, F. Clark & Co F. B. Keech Hentz Harden Stone Hubbard Bros JNO, F. Clark & CO Pynchon MO. F. Clark & CO JO. F. Clark & CO IK Blister Brigade Paul Simpson Burlington, N. OC Rally Daf Green Street Baptist Church
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