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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 15, 1929
Page
5
Mixed price movements marked by light public trading and heavy speculation. Early losses in copper and some specialties gave way to afternoon gains led by food and oil shares as earnings and dividends supported values.
The University of North Carolina band directed by Prof. T. Smith McCorkle will air a radio concert from 7 45 to 8 30 tonight on station WPTF Raleigh. The program features classical pieces from their winter tour and upcoming spring tour. The Raleigh University hour moved to 6 o clock Monday by listener request. Announcer is Morgan F. Vining.
After eating many suffer indigestion and fear meals. Dr. Siegert's Angostura is advertised to stimulate digestive fluids before meals so food is digested, turning meals into healthy blood and tissue and restoring eating pleasure.
Rotarians from 44 clubs in North and South Carolina attended the 58th district Rotary International conference in Orangburg S C with expected registrations over 1000. John E Carlson and Willis A Sutton led sessions on Rotary mechanics and boys work as Buck Perrin presided and Nicholas A Murphy spoke. The luncheon was served at the Orangeburg fair grounds.
Raleigh April 15 Gov Gardner commuted the sentence of a state prisoner who, according to Judge N A Townsend executive counsel, has thwarted attempted escapes of at least three inmates The reward acknowledged his actions and reduced the original sentence in a state prison case
Abbev ille sheriff reports Adger Manning and Fred Edenton, white convicts who fled Abb ville chain gang with six Black men, were captured last night at a home in Anderson county. Manning and Edenton each served 12 months for housebreaking and larceny. The six Black escapees remain at large.
A hen in Ireland laid seven eggs near a rabbit burrow. The eggs disappeared and later a newly hatched chicken emerged. It is believed the heat from the nearby animals incubated the eggs.
James Marlor aged 58 was shot dead at his home in Newman's Cove near Asheville as Sheriff Bailey sought his stepson Ben Bird Wilson who fled the scene and had not surrendered by noon. Witnesses say Marlor threatened Wilson with a knife before the shooting.
Chicago cash grain prices listed on Apr 15 show wheat at No 1 hard 1.25 to 1 2, No 4 hard 1.17, corn No 3 mixed 14.93 1-2, No 2 yellow 95 1-2, oats No 2 white 52 53, sample 48 1-2, barley 53 72, timothy seed 4.80 5.40, cloverseed 21.50 30.00, lard 11485 1287, bellies 1325.
German brewers report that England and France consume more beer than Germany, with rising imports cited as evidence of shifting tastes and market dynamics affecting European beer sales.
Surgeon General Hugh S. Cum ming condemned bareheaded ceremonial custom after Ambassador Myron T. Herrick died from illness linked to prolonged rain exposure at a funeral. He cited Foch and King George as cases and urged leaders to keep heads covered at outdoor events to prevent pneumonia and sunstroke. The Hoover inaugural rain left observers joking about a dry ticket.
Chief Magistrate William McAdoo criticizes acquittal rhetoric amid Texas Guinan trial. A stately full rigged clipper ship reaches New York after a 51 day passage from Cowes, purchased by Inglis M. Upperen for South Seas cruising from the Swedish government.
In STRASBURG France authorities declare Auguste Finck an unwelcome German and Germany labels him an unwanted Frenchman. His life unfolds as border crossings and prison terms, with his current incarceration in this city.
Newark: Mack Weiss, veteran marine known for long-range patrols in San Domingo, marches 40 miles daily. He wins the Metropolitan A. A. P. walking championship breaking records.
A one cent stamp valued at $50 000 will be shown at the International Philatelic exposition in Havre France. The British Guiana issue was printed from printer's stock in 1856 to meet a temporary need and was found by a Georgetown Demerara schoolboy in a garret. It is owned by Arthur Hind of Utica New York.
Cardinal Hayes argues the modern world creates a new standard of womanhood that fails to align with Catholic ideals of purity and chastity, challenging contemporary views of female virtue.
New York April 15 cotton markets rise early on reports of rains but ease due to Liverpool liquidation and selling in New Orleans and the South. By midmorning July around 1997 with declines of 1 to 3 points, others down 4 to 6 from Saturday closes. midday quotes show mixed gains and losses across nearby months.
A group of Palestine officials and their wives including Edwin B Samuel son of Sir Herbert Samuel were found alive on the Trans Jordan shore of the Red Sea this afternoon after being missing since Saturday. They were on an excursion at the Dead Sea.
Robinson demands a special session over Federal Reserve policy on stock exchanges. Borden to acquire Walker Gordon Laboratory by stock exchange. Detroit Edison reports year end March 31 surplus of 13,065,278, up 2,204,946. Steel demand drives Duluth furnace restart at 94 percent capacity within ten days. Norris asks FTC to investigate International Paper’s Boston Herald stake. Crown Cork and Seal 1928 profits 1,992,862 after adjustments. Carnegie Steel to resume 48th Ward Farrell mill after two years idle. IRT charges total 17,000,000 in operating expenses. Labor Secretary Davis says 200,000 more workers than last year. Durant attacks Fed policy on brokeren loans seeking 3 percent rediscount. Survey of 500 industrialists: 463 replied, 12 back policy. $700,000,000 proposed restoration. Rubber stocks in London up 1,500 tons. Chesapeake net 936,220 vs 925,254. Supreme Court and Congress convene at noon. U S Steel stockholders meet in Hoboken to approve 12,500,000 share authorized common stock. Missouri Pacific to start air mail to Mexico City. Radio Corp cuts UX-245 price to 3.50. Freeport Asphalt plant sale to R J Wilkinson NY interests. Lago Oil year to Dec 31 net 2,066,500 vs 7,947,340. Simeon Aircraft plans sale on time terms. Averages: 30 industrials 304.41 down 1.02. 20 rails 150.13 down .16. JO. F. Clark Co.
Clevenburg reports Liverpool time 12 15 May and July data with American prices below due near 1085 to 1089 Friday. Rain scattered across east and west belts with forecasts for Carolinas Georgia showers. Arkansas Oklahoma Texas fair. Mississippi Alabama showers then fair. Worth street notes moderate business and weak turnover at Manchester Cable. Flood danger considered passed in cotton belt. 75 percent seeded with growth slowed by cold snap. JO F CLARK & COQ.
Liverpool April 14 spot cotton in fair demand with prices steady across grades. American strict good middling 11.65 and other grades listed. Sales 5 000 bales including 3 800 American. Futures closed quiet with May at 10.66 and July 16.59.
Potatoes receipts 82 cars on track with 22 new and 194 old. Total U.S. shipments Saturday 706 and Sunday 33. Trading firm with Texas Bliss Triumphs No 1 at 4.65 to 4.75, Spaulding Rose No 1 Florida barrels at 6.75 to 6.85, Wisconsin round whites 60 to 75, Minnesota round whites 60 to 65, Idaho runsets 1.55 to 1.7.
Denison Texas report shows Fred Morrison shifting from cotton farming to poultry. He earns 2.20 per hen from 986 hens, with production costs around 0.48 each and last year egg net revenue $3,155. He plans 1,500 birds by year end 1929, and also runs a 50 cow dairy and 100 acres of cultivation.
Dairy report from New York on April 13 notes butter steady with receipts of 4,300 pounds and creamery extra 92 score at 45 1-4 to 61 score 441 45. Cheese also steady with receipts of 101,875 pounds.
Stock opinions from Hornblower Weeks Tobey Kirk and others favor buying Mack Truck Pan American Gas rail and oil stocks at favorable levels. Traders note profits taken and suggest investors wait for better price to earnings ratios before buying. Cotton markets show cover and liquidation while weather signals cooler unsettled conditions and heavy rains move east.
Market commentary from Keech Davis Bros and Hubbard Bros weighs weather as the main driver of near term cotton prices. Purchasers urged to act at current levels with belief in profitable liquidation on bulges if prices rise. Forecasts from INO and Clark & Co. emphasize weekend weather as key to immediate trends.
Chicago market news shows hogs at about 40 000 head with steady to slightly softer action, top 11.65 for 160 200 lb, cattle and calves totaling 24 000 with varied steer and heifer prices, fat lambs and sheep trading around steady, feeder lambs quoted 15.00 to 16.76.
The New Orleans cotton market opened steady with early gains of 3 to 5 points. May, July, and October futures rose from Friday’s close but eased later, with May at 19.82 and October around 19.75 as new crop contracts posted fresh lows. buying slowed on favorable interior weather prospects. A Winnipeg shipment of raccoons to Finland for breeding is noted.
The Hancock School Act caused an enrollment drop then a rush as Attorney General Brummitt and the Equalization Board liberal interpretation spurred record demand for University of North Carolina Summer School. Two terms run June 13 to July 23 and July 24 to August 30 with courses, housing, and certification options expanding. the program, founded by Dr. Kemp P Batelle in 1877, remains the nation’s oldest.
In New Orleans on April 15 Dr C C Jarrell of Atlanta urged Methodist Episcopal Church South hospital board members that church hospitals are growing in favor and usefulness during their meeting.
The Brazilian government expresses annoyance over dynamiting fish, noting there are no laws prohibiting the slaughter. Authorities seek measures to curb the practice and protect aquatic life.
Physicians urge care of the stomach and intestines during pregnancy to provide nourishment. Jay-Kol is promoted to purify the system and aid digestion, claimed to relieve dyspepsia constipation gas heartburn and other symptoms. Guaranteed money back if not satisfied with purchase from Cecil's Matton Ring and other druggists.
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