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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Apr 17, 1928

Page

11

Italia Airship Ready for Arctic Flight Despite No Trials

In Stolp Germany April 17 (UP) General Umberto Nobile states the Italia can endure Arctic conditions without further test flights. He plans for a Kings Bay Spitzbergen base with the Citta di Milano providing support. Zappi notes initial moves toward Venia Land then a pole flight and a Mackenzie River run, with possible return to Stolp if Kings Bay fails.

Kings Bay Zappi Citta di Milano Venia Pole Mackenzie River Canada Stolp

Equipment For Hatchery To Be Shipped By State

The U S bureau of fisheries rock and striped bass hatchery at Weldon will be reestablished this spring with equipment sent to North Carolina. Conservation director Wade H Phillips said the first crop of rock fish will be released in the Roanoke river later this spring, the hatchery revived since 1922 after river waters were cleaned. The state department will cooperate in running the hatchery on a temporary basis as conditions warrant.

State Department

Washington Philadelphia game postponed by rain

In Philadelphia on April 17 the Washington vs Philadelphia American League game was postponed due to rain.

Philadelphia Washington

Temperature norms of warm-blooded animals

All warm-blooded animals maintain relatively constant body temperatures, though exact ranges vary among species. The principle highlights homeostasis and metabolic regulation as key factors in sustaining internal warmth despite external changes.

Market analysis signals cautious optimism and profit taking

New York reports cautious market uplift with oil and rails set for further gains yet warned by analysts that risk increases as powerful interests diverge from the public. The piece notes the market’s rise is driven by speculation, not fundamentals, while calling for profit harvesting and tighter positions amid labor unrest and mixed global signals.

New York Whitney

Skelly oil dividend and US stock roundup

New York reports Skelly oil regular quarterly dividend of 50 cents with June 15 and May 15 dates. Domestic crude oil production for the week ending April 14 averages 381,821 barrels daily, down 38,488 from the prior week. Oil and Gas Journal sources Kennecott Copper and subsidiaries show earnings per share of 6.22 after depreciation but before depletion. Mellon opposes a 400 million tax entrenchment. Industrials average 215.79, up .64. rails at 141.9, down .35.

New York Oil and Gas Journal Kennecott Copper Mellon

Cotton Letter from New York April 17

Liverpool opening at 12 15 p m shows 13 to 15 American points lower than due. Sales 7 000 middling 11 10 ve 11 28 yesterday. 8 p m weather all clear and warmer. Forecast eastern belt mostly fair and warmer followed by showers.

New York Liverpool

Town Topics Pan Handle oil stock tips

Town Topics highlights several oil stocks with targets and buy tips. Pan American, crossing 50, to 62, and Pan American common 25 to 80 before long. Texas Land Trust near 89, to 85 quick run. Cog stock ready, buy after 30, target 35. Bethlehem stock to hold as shorts remain heavy and insiders push the move. Texas Company described as a prime oil investment worth holding.

Pan Texas Land Trust Bethlehem Shorts Texas Company Worth Holding

Market Report Silver and Mexican Dollar Rates

SILVER NEW YORK APRIL 17. Bar silver 57 3-8. Mexican dollars 44.

New York

Cotton Weather Forecast Delivers Regional Warmth

The forecast predicts Tuesday generally fair and warmer in the eastern and central belt. The western belt may stay mostly cloudy but also warmer.

Western Belt

Cotton opinions on market mood amid weather

Hubbard Brothers expect any reaction to prove short lived and that adverse weather will spur a market recovery. Orvis Brothers say the cotton trade is inclined to accept concessions for new purchases as the market eases.

Cotton Hubbard Bros Orvis Bros

Stock opinions on oil copper and steel stocks

Hornblower and Weeks favor following special stocks across groups as reactions occur during the week. J. S. Bache and Company sees the period as a transient corrective phase of the bull movement that has broken all records.

Hornblower Weeks J. S. Bache and Company

Raw sugar markets ease as duties fall on refined grades

Raw sugar was easier early today with prices down 132 cents as duty free sugars offered more. Sales totalled 66 000 bags of Porto Rican nearby positions at 4.36. Demand for refined sugar remained weak and prices held from 5.95 to 6.00 for fine granulated.

New York

Chicago Potato Receipts and Prices Update

Potatoes receipts reported at 124 cars with on track 423 and total U S shipments 512. Canada sent 21 cars and Cuba 7 as old stock trades slowed. Prices varied with Wisconsin sack round whites around 2.00 and Minnesota around 1.75 to 1.80, russets Idaho 1.90 to 2.00, commercial 1.50 to 5.65, Texas sack triumphs 5.75 to 6.50.

Chicago U. S Canada Cuba Wisconsin Minnesota Idaho Michigan Texas

Chicago Wheat Sees Rain Forecasts Hit Prices

Weather forecasts of rain in the southwest weighed on Chicago wheat. The Liverpool market showed weakness while Canada’s reported wheat stock was 10 million bushels higher than earlier figures. Openings fell 0.75 to 2.5 percent but wheat later rallied as corn and oats firmed and meats sagged.

Chicago Wheat Chicago Liverpool Canada

Dairy prices and receipts in New York market report

New York butter firm receipts 16 359 Creamery higher than extra 46 46 percent extra 92 score 4514 first 88 to 91 score 44 45 percent. Steady receipts 253 798 eggs steady receipts 62 144 Fresh gathered extra first 29 percent 20 first 28 29 Other grades unchanged.

NEW York Dairy New York

Chicago Livestock Market Report Hogs Rally

Chicago April 17 hog quotes show market active and higher by up to 15 cents from Monday. Heavy lights and pigs gain 25 cents. top price 9.75 for 190 219 pound hogs. Butchers and varied weights listed with price ranges across 160 to 350 pound categories.

Chicago Livestock Chicago

Market Report for Hog Cattle Sheep and Lamb Prices

Packing sows 17.75-8.50. pigs 90-150 lbs 7.00-8.59. Cattle receipts 8,000. calves 5,000. steer trade strong to higher. Best fed steers 14.85. slaughter classes by weight with varied ranges. veal good and choice 12.25-15.50. stocker steers 11.50-12.75. bulls 9.00-10.50. Sheep 8,000. fat lambs active. lambs good and choice 92 lbs and up 16.40-17.85. ewes 9.00-11.40. feeder lambs 15.00-16.75.

New York Cotton Prices Reach Fresh High

Cotton prices climbed to new highs after an opening drop of 6 to 10 points as fears of early unfavorable southern weather and widespread replanting raised buy bids. Active months fell 30 to 34 points from earlier, with late trading steady near the best levels under light volume.

Cotton Market Opens Steady After Early Decline

New York cotton prices opened lower by 5 to 10 points on liquidation and local selling amid easy Liverpool cables and favorable weather outlooks. The decline for July and October was quickly bought up, with active months trading slightly above yesterday’s close as trade buying and covering supported the market. Reports of colder southern temperatures raising planting costs and seed demand aided buying, while private cables noted Liverpool liquidation tied to weak Egyptian markets and labor unrest in India and the United States.

Alabama Georgia New Bedford Worth Street Nile River Clevenburg Liverpool Bombay JNO. F. Clark & CO New York Alexandria America New Bedford Mills

New Orleans Cotton Tumbles Then Rallies On Weather Signals

The New Orleans cotton market opened lower on Liverpool cables and weak Egyptian futures but recovered as a cloudy weather forecast and three low barometer zones to the west suggested a shift to less favorable conditions. May, July and October futures swung from losses to gains, with May near 19.91 and July around 18.76 as of mid-session.

Sharp stock setback hits New York trading session

Stocks suffered a sharp setback led by oil, food and utility shares. Traders cited liquidations and banks’ low loan values amid signals that Federal Reserve authorities disapproved of speculative excesses. Notable declines included Radio, General Electric, GM and Union Carbide as gains faltered.

New York Federal Reserve Oll Radio General Electric General Motors Allied Chemical Continental Graham- Paige New York Central General Railway Signal American Smelting Wright Aeronautical Union Carbide

Market Holds Firm Amid Rumors Of Government Report

Unconformed rumor that the government would issue another boll weevil report during the afternoon contributed to the firmness as prices stayed near the previous close. Traders watched for confirmation while following cautious trading patterns.

Call Money In New York Rises As Loans Firm

Call money firmer in New York with all loans closing bids. Time loans show firm if mixed collateral for 60-90 days at 4.74 percent, 4-6 months at 4.7 percent. Prime mercantile paper at 4.14 percent. Bankers acceptances: 30-60-90 day rates range from 3.3 to 4.3 percent.

Call Money New York Prime Mercantile Paper

Weighty Precedent Censoring Shakespeare Note

London recall shows early censorship as King James I era editor cut lines in The Merry Wives of Windsor. Previously the censor altered phrases like fear of God to fear of heaven and afore God to trust me to soften the verse.

London James I

Picketing Effort Quieted by Police in Fayette and Green

Uniontown reports that mass picketing by save the union followers in Fayette and Green counties was dispersed by state police and county authorities. Twenty five demonstrators were fined 19 dollars and faced 10 days in jail with costs.

Uniontown Save the Union Fayette Green Counties

Flashes of Life WED nine German riders head to New York

In Frankfort nine German riders and three experts depart by Thursday to introduce the art to America. Detroit reports a radio station in flight at five thousand feet delivering a program with speech song and orchestral music from a plane studio.

Frankfort New York America Detroit

Radio saves world in communication costs

Boston report notes David Sarnoff estimates global savings from radio communication charges at sixty million dollars, reflecting a major impact on wartime or postwar information networks and cost reduction.

Boston David Sarnoff

New Type Setting Via Movie Film Uses Photo Letters

In New York a Hungarian machine types by film. An operator activates a keyboard and a letter is photographed on moving film, then projected onto a zinc plate for printing. This method eliminates traditional type metal.

New York

Bankbreakers Enrich 154 Million Francs In Montreal Heist

Montreal reports show attempted theft last year yielded 154 million francs for the suspects. Police pursue leads as authorities caution on security lapses and outline ongoing investigations into the bold operation.

Montreal

Lamont Heir to Morgan Title to Wed Bardward Editor

New York Corliss Lamont Columbia philosophy student and son of Thomas W. Lamont of J P Morgan is to marry Margaret Hayes Irish a Bardward Phi Beta Kappa member now editing.

New York

Rapid progress in building Yadkin River bridge

Lexington reports quick work on the concrete Yadkin river bridge on highway 90 at Oak's Ferry begun last summer. Spring has accelerated progress and completion is hoped for by mid June. Road work to the bridge westward is nearly finished. Total cost is about 175000 dollars.

Lexington Yadkin River Oak's Ferry

Flaming Torch Relay Echoes Ancient Race Past

A vivid reminiscence recalls runners passing a flaming torch in ancient races. The torchbearer hands the blaze to a successor as the relay progresses, symbolizing continuity and endurance in athletic tradition.

Allotments Made for River Work Nationwide

Major General Edgar Jadwin announced federal allocations for rivers and harbors improvements for the year starting July 1. Funds from a lump sum appropriation cover projects including inland waterways from Norfolk to Beaufort Inlet, Cape Fear river sections, Pamlico and Tar rivers, and the intra coastal waterway from Beaufort to Cape Fear river, among others.

Washington Edgar Jadwin Congress Norfolk Beaufort Inlet N. C Black Water River Meherrin River Roanoke River Scuppernong Beaufort Harbor Cape Fear Wilmington Pamlico Tar Neuse River Trent River Core Sound Beaufort Cape River Cape Fear River

Uncle Sam Bears Foxes on Alaskan Side

The 1927-28 fox pelts take from Alaskan Islands where the Bureau of Fisheries rear foxes numbered 292 with a regular mature stock left to raise kits for next year. Fox fur catching is incidental to the Fisheries Bureau’s main work on the Pribilof Islands caring for the Pacific seal herd. Seals’ carcasses supplement the fox diet and two fur industries have long operated satisfactorily.

Washington Sam Alaskan Bureau of Fisheries Fishé Les Bureau Pribilof Islands

Ball Shaped House Aims to Ease City Traffic

In Dresden the Munich architect Peter Birkenholz unveils a spherical 98 foot high, 82 foot diameter building for the Dresden exposition. The base is 1612 feet wide with four lower stories for business and offices and an upper hemisphere for apartments plus a top cafe. Birkenholz says ball shaped houses could widen streets to three times current breadth and provide light air from all sides and open views from every angle.

Dresden Germany Munich Peter Birkenholz Birkenholz Birkenhoclz

Two Players Released by Manager Boone

The Pointer camp shed two players, Ellington was released Sunday and Orvin sent to Kinston yesterday. About 30 players remain in uniform in spring training, eight more signed to counterbalance the losses.

Ellington Orvin Kinston Dan

Lindsay confined after attempting to murder wife and teachers

Bob Lindsay a 45 year old bill collector is held in Guilford County jail for a sanity inquiry after allegedly trying to shoot his wife and two Guilford County teachers who lived with the couple. His wife had removed rifle cartridges and the pistol was rusted beyond use before police arrived as Lindsay continued playing his violin.

Greensboro Bob Lindsay Guilford County Morganton Lindsay

Glenn's rise from Herrin prosecutions to Senate race

Chicago April 17. Oug F Glenn 49 Chicago lawyer now seeks U S Senate seat after serving as special prosecutor in the Herrin riot cases. Former state senator from 1920 to 1924 and Jackson county state's attorney, he moved to Lake Forest in 1924 after graduating from the University of Illinois College of Law in 1901. He began practice in Murphysboro.

Chicago Oug F. Glenn Frank L. Smith United States Milnoise Herrin Ill Glenn State Senate Jackson County Downstate Smith Lake Forest North Shore Law School University of Ilinois Murphysboro

Daylight Schedule In Effect April 29 In Several States

The daylight saving season begins in New York, Chicago, Philadelphia and Pittsburgh with clocks moved back one hour at 2 a m on April 29, lasting until September 30. Early or late adoptions vary by location across 14 states and several New England and Midwest states observe daylight saving in part or all of their cities.

New York Chicago Philadelphia Pittsburgh Massachusetts Rhode Island Vermont New Jersey Connecticut New Hampshire Pennsylvania Delaware West Virginia Ohio Indiana Michigan Wisconsin

Lexington Disappointed Over P and N Railway Setback

Leading citizens in Lexington and Davidson county express disappointment after the Interstate Commerce Commission refuses to grant Piedmont and Northern Railway the right to extend its electric line through Davidson county. Local rights of way have been granted along the proposed route from Highway 10 south of town through Churchland Tyre Reeds and Arcadia.

Lexington Davidson County Piedmont and Northern Railway Interstate Commerce Commission Churchland Tyre Reeds Arcadia

University of Texas awaits building fund growth

The University of Texas relies on an $8,000,000 building fund derived from land sales. Only income from the fund can be spent on new buildings due to constitutional limits, and high bond prices require interest to cover margins for securities bought with land sale proceeds. Administration costs also come from interest, risking little capital for actual construction by late 192.

Austin, Texas University of Texas A. Y. Benedict

Also Mentioned on This Page

Italia Nobile Arctic Goodness A&p White House Kelloggs Encore New Orleans Cotton Belt Florida Tonto Arizona Ateh Top Santa Fe Baltimore Bethlehem Steel Chesapeake and Ohio Chic Rock I Paceo Chrysler Motor Dedger Bros. Sovkpase Dupont de Nemesene Elec Pow and Iteee Ee Fam Lasky Freeport Tex Co Coves Gen Elec Cibsdudhesaia Gen Motors CS Slotonseceean Morans Tex , Sf Mont Ward Northern Pac Radio Corp Repub I Sileseeete Ee Reynolds Sin Con Oil Southern Pac Ss. Oveeek Southern Ry Éeueucaut N Jsaeee Stewart Warner Ee. Ees Studebaker Corp Som Eee Oooe United Cigar Stores Kateunee US Steel Ees Westinghouse Bloc White Motor Co Willys Overland Een Eee Woolworth and Co Vick Chem Lydi Simmons Bedeum Secre North Carolina Uncle Sam Bears FOXES Boone U. OF Texas
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