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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 15, 1928

Page

15

Cotton Prices Rise on Weather and Demand News

New Orleans April 14 Reports of unfavorable weather and active buying drove the cotton market higher. July led gains with a 15 point rise to 19.59, May and October also up as investors anticipated rain snow and freezing conditions along the Gulf coast. Ends with May at 19.74 and October at 29.00 after profit taking.

New Orleans Gulf Coast Liverpool Cables Bombay Gulf Spain New York South Liverpool

Daily Cotton Table Movement and Totals Across Ports

Port New Orleans and others report movement mid to middling with receipts exports and sales. Major totals include today receipts 8690 exports 16683 sales 8056 stock 1625100 with season totals receipts 7689029 exports 5956609. Internal centers Memphis Augusta St Louis Fort Worth Dallas and others show varied middling figures and stocks.

Port New Orleans Galveston Mobile Savannah Wilmington Charleston Norfolk Baltimore New York Boston Houston Memphis Augusta St. Louis Fort Worth Little Rock Atlanta Dallas Montgomery

Cotton Oil Futures Edge Higher on Market Demand

The cotton oil futures market rose slightly today across most months except winter deliveries due to strong lard and corn markets and belt weather prompting replanting. Prime summer yellow oil finished at 9.50, crude at 8.50 to 8.62 with April 9.55 May 9.64 July 9.89 September 10.07 October 10.05.

New Orleans

Week sees stock records as market rises and banks tighten

New York reports a week of record stock prices and rising averages led by heavy trading and pool activity. A Saturday pullback followed a brisk rise in wheat futures as bankers' acceptance and time money rates firmed amid concerns over Fed rediscount rate moves and gold outflow. Cotton and sugar quotas held steady while weather news boosted cotton.

New York Federal Reserve

Raw Sugar Markets Turn Slightly Steady Amid Slow Demand

In New York on April 14 raw sugar trading showed limited activity with bids and offers diverging. Prices for Cuban and Philippine raws remained near 4.48 and 4.40 cents per lb delivered, futures closing 1 to 3 points lower on moderate May liquidation and fears of more duty free sugar next week.

New York Ugar Cubas Philippines

Bond Market Averages and Sales Report

Bond averages for rails utilities and industrials are listed with daily changes. The report shows ten first grade rails at 97.97 and 97.78, ten secondary rails at 99.63 and 99.56, ten public utilities at 99.12 and 99.06, and ten industrials at 101.83 and 102.03. Combined average sits at 99.64 and 99.61, with year ago 97.54 and month ago 99.75. Total bond sales reach 11,025,000 par value.

Grain prices hit new highs as drought tightens supply

Chicago wheat and rye set new top prices for the season amid drought in the southwest and cold, windy conditions. Wheat closed near the day’s high, up 2.5 to 3 cents. rye up 2 to 3.5 cents. corn and oats higher, with provisions mostly steady to up to 12 cents.

Chicago

New Orleans Cotton Prices Hold Steady on Weekday Trade

Spot cotton in New Orleans closed steady 9 points higher with 1,639 bales sold. Low mid, middling, and good middling prices quoted at 13.23, 20.04, and 20.44 cents respectively. Receipts totaled 2,001 with a stock of 398,933 bales.

New Orleans

Weather News Triggers Cotton Market Rally

Unfavorable southern weather reports push cotton prices higher with May at 20.08 high and 20.02 close. October rises to 19.75 and closes near 29.73 as the market ends steady with 5 to 12 point gains and traders weigh weather-driven demand, profits, and replants.

Potatoes market report from Chicago and nearby areas

Chicago market notes April 14 show mixed potato receipts and stock movements. Prices for sacked whites and russets vary with regions including Wisconsin Minnesota Idaho Montana, while overall demand remains dull and shipments slow amid weak stock market signals.

Chicago Canada Texas Wisconsin Minnesota Idaho Montana

Wheat Futures Reach Highest Prices This Season

Chicago wheat rose to above 1.53 for May as deliveries advanced on April 14. Dry southwest conditions and reports of high winds spurred active buying, with corn oats and provisions also firmer as markets opened higher and then strengthened slightly.

Chicago

Cotton goods market report shows quiet tone and steadiness

Cotton goods were quiet today with gray goods steady. firmer prices asked for flannels. Raw silk rose five cents per pound locally while Japanese markets stayed steady and active. Burlaps held steady with light buying of spots and nearby afloat goods. Buying of knit goods was light.

New York

Quiet bond market trading shows mixed results in New York

In New York on April 14 quiet bond trading followed the prior day’s tighter money market. Railroads and utilities held firmer while industrials softened. St Paul issues advanced, copper bonds faced pressure, and Italian public utilities rose to new highs as a European loan rumor circulated. Treasury reds shifted about $600,000 trading, with government securities overall quiet.

New York St. Paul Great Northern Peoria Western Anaconda Polis and &S Treasury

Heavy Stock Selling Triggers Market Drop On Saturday

New York April 14. The stock market retreated on heavy selling amid renewed fears over the credit situation. Traders eyed possible rediscount rate increases as a factor, with bets on higher rates fueling exit from equities. General Motors opened weak and again slid, while many industrials ended lower in a broad decline.

New York Wall Street General Motors Allied Chemical American Republics Bethlehem Steel Consolidated Gas du Pont Eisenlohr Greene Cananea Copper National Enameling Radio Corporation Texas Gulf Sulphur Union Carbide U. S. Cast Iron Pipe U. S. Industrial Alcohol Wright Aeronautical Schulte Tobacco Products Common Tobacco Products Liggett and Myers Common Congress Cigar Consolidated Cigar Gimbel Bros Boston Maine Brooklyn Union Gas Cayrus Erie Canada Dry Chandler- Cleveland Electric Auto Lite Fleischmann Gotham Silk Motor Wheel Paramount Famous Lasky Penick and Ford Reo Motors Richfield Oil Standard Gas Wblectric Vick Chemical

Chicago Livestock Hogs Active Higher on Trade

U S Department of Agriculture reports 3 000 hogs sold in Chicago with higher prices than Friday. Top price paid 9 40 for choice 190 2006 pound hogs. Hogs ranged from 7 60 to 9 40 across weights 130 160 to 250 350 pounds. Estimated holdover around 2 000.

Chicago Livestock Chicago U. S. Dept. Agriculture

Market Report Shows Mixed Feeder, Fat Cattle And Sheep Prices

A detailed livestock report lists snow man meat and hog prices with sows at 7.60 to 8.20, hogs medium to choice 90 to 130 pounds at 6.50 to 8.00. Cattle numbers total 200, with steers mostly steady after volatility, light yearlings up to 25 cents, stockers scarce, bulls up 25 cents, yearlings to 15.15, fat steers 12.50 to 14.00, western fat offerings 14.25 to 15.15, light yearling heifers up to 13.85, and butter cows 6.50 to 7.50. Sheep run of 6,000, fat lambs and sheep closings 75 to 1.00 higher, with limited native springers and lean supply of young stock. Details include names of local leaders and the 7:30 pm Friday meeting of the W W U U and revival by Rev. Herman T. Stevens and Rev. J. D. Barnette at the church.

Spot Coffee Quiet Rio Sevens Show Limited Gains

Rio Sevens finish with modest gains as Spot Copfer posts 15 percent, Santos secures 4 and 22 percent marks. The event highlights tight scoring and steady performances across teams.

Spot Copfer New York Coffee Quiet Rio Santos

Redpath Week brings Max Meldrum and a star lineup

From Paris comes Max Meldrum eminent painter and critic to lecture on Depictive Art with lantern slides. Other speakers include Arthur Walyn Evens T. Dinsmore Upton Anna Dickie Olsen and George F. Morse. Mexican Ramos orchestra opens Redpath Week with Old Mexico melodies and notable virtuosos Elizabeth Garay Yalanda Garay plus Andre Thierry. The Old-Time Country Fiddlers led by Charles Ross Taggart and Tatterman puppets cap an engaging program.

Paris Max Meldrum Redapth Arthur Walyn Evens T. Dinsmore Upton Anna Dickie Olesen Minnesota United States George F. Morse Ramos Mexico Elizabeth Garay Yalanda Garay Budapest Florence Redpath Bureau Europe Andre Thierry Debussy Charles Ross Taggart Victor Phonograph Redpath Tatterman John Ruskin Golden River Reno the Great

Entertaining prospects highlight Redpath tent season

A feature packed program promises mystery and legerdemain along with new children’s entertainment. Junior Town will operate daily under the Redpath tent where boys and girls run a model city with a mayor, councilmen, and officials, supervised by a capable junior supervisor.

Gician Wonder Worker

Local Leaders Named Across Several Communities

Cottage J. C. Cross Campbell and Miss Aaro lead in Campbell. C. A. Lewis and Taylor head Washburn. Mrs. O. D. Dennis of Kearns and Mrs. Underwood lead. W. R. Wood of Park with Mrs. Stevens. D. T. Andrews East Russell and D. H. Combs lead. Alma Williams Wesley Place and Mr. Goodin with M. E. Howell White Oak. H. A. Powell also listed.

C. A. Lewis Taylor Washburn O. D. Dennis Kearns Underwood W. R. Wood Park Stevens D. T. Andrews East Russell D. H. Combs Alma Williams Wesley Place Goodin M. E. Howell White Oak H. A. Powell

Mid-Year Duke University Devotional and Society Reports

Thursday schedule includes Evelyn Haworth presiding devotional with Mrs. E. J. Key listed. Afternoon sessions cover Roll Call of Societies Finances Report of attainment of goals and department notes with multiple presenters and topics on missions and literature.

Evelyn Haworth E. J. Key Mount Afry Olive J. Hodgin Anna Mendenhall Our Lois Davis Nathan DD. Andrews Martha Allred Amanda R. Richardson Missionary Society

Notice of Special Meeting of Stockholders

High Point Perpetual Building and Loan Association will hold a special meeting at its office in the Commercial National Bank Building High Point North Carolina on Thursday May 10 1928 at 730 PM to decide on amending the articles to create a class B stock with a 50 cent monthly assessment on each class B share. Secretary H Ellis.

High Point Perpetual Building & Loan Association Commercial National Bank High Point North Carolina Co. H. Ellis

Also Mentioned on This Page

Cutton Esi Arch Top Santa Fe Baltimore and Ohio Chesapeake Corps Ev Northwestern Dodge Brothers Zi Dupont de Nem Erie Railroad Fish Rubber Fleischmann . Ve General Asphalt General Electric Great Northern Pfd Greene Can Houston Oil Oe Oil and Gas International Harvester Inter Nickel Inter Paper Mere Mar Kennecott Copper Kresge Louisville and Nash Lorillard and Pierre Co Anee Ligget and Myers B Mariand Oil Morans and Tex Eeasss Nash Motors Iweesacnatou New York Central Hartford Norfolk and Western North America Co Northern Pacific Packard Motors Pennsylvania Radio Corp Remington Rand Reynolds Reynolds Tob B . . ** » 1464 145 %& 146 St Louis San Fran Seaboard Air Line Spears Roebuckee Bee Oe Sinclair Con Oil Southern Dairies Aee Se Southern Pacific Southern Railway EU Sk Standard N J Union Pacific Eesee U S U S Steel Wabash Ry Western Maryland Willys Overland NEW Series Building & Loan the Building and Loan Association of Piedmont Building and Loan Association AT Wachovia Bank and Trust CO New York Bonds Australia Brazil Amer. Agr. Chem Amer Els Amer Am. T Bethlehem Steel Con Bethlehem Imore Fdl Dull Bkn M. Trans. S. F Can. Pac Ches Ohio Chesapeake Corp Alton Illinois West Ind Chile Con. Gas N. Y R. G. W. Gen Dodge Bros Erie Rfg Imp Florida Gt. Nor M. Mar. A. FF Midvale Steel Mo. K Mo. Pas. Gen. 4S “Ese Ee 80% N. C. Tex Mi. Higs Nor Westrn North Pac Seene Pan A. Pet Pen R. R St. L San F. Inc Sea Aair L Sinclair C. Oo Cecnuur Wy Sou. Pac. Rig Union Pacific Steel S Virginian Ry Western My Chicago Grain J. J. Johnson Kennedy Street R. E. Biles Grady Culler TC. Robbins R. D. Bele Pershing J. I. Underwood L. C. Stallings East Commerce J. L. Underwood J. L. Kivett East Green Herman T. Stevens J. D. Barnette Omaha Neb John Biel Robert Wendell Hamilton, Jr J. C. Cross Campbell Aaro Duke University Atwater Kent Ipradio Atwater Kent A. C Neloard. I Nee Kester Furniture CO North Main
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