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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 28 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 23, 1929

Page

5

Stocks Rally as Broad Scale Buying Pushes Market Higher

New York trading saw broad scale buying push stocks to record highs with active issues gaining 1 to 8 points and select high priced issues up 10 to 20 points in thin market conditions. Simms Petroleum led with a 100,000 share block sold at 30, a $3 million turnover, while chemicals and solvents extended gains on manufacturing and oil refining demand.

New York Simms Petroleum M. J. Meehan Liquid Carbonie Allied Chemical Union Carbide American Telephone Adams Express Borg Warner Hohn Aluminum North American Republic Steel Consolidated Film Preferred Hershey Chocolate Philips Jones New Haven American Can Bethlehem Steel Allegheny Corporation General Eeetric Greene Cananea Copper

Chowan Farmer Missing From Home

Edenton North Carolina April 23 UP John D P D Twine a well to do influential Chowan county farmer failed to appear after Sunday night. His wife found his clothes in the room but he was gone possibly in his night shirt. Searches of swamps woods and fields failed to find him. no reason for disappearance yet and his finances are reported in order. He is a native of Chowan and an elder in his church.

Edenton N. C John Dpd Twine Chowan County

Seven Big Tax Rebates Announced by Treasury

The international revenue bureau announced seven large refunds under President Hoover's order, with the biggest payment of 4 635 530 to the estate of William Waldorf Astor after a circuit court of appeals ruling.

Washington Hoover International Revenue Bureau William Waldorf Astor United States Circuit Court of Appeals

No. The dialogue lists clothing items and misc terms

The exchange names several garments including coats hats shoes and a blouse. It asks for a hand garment and mentions trouser pockets Faun and Vienna in a mismatch of context.

Fritz Faun Vienna

New York Cotton opens steady on Liverpool cues

New York cotton prices move mixed on April 23 with gains early in response to stronger Liverpool cables, then near month liquidation and weather news pressuring levels. May slips toward 19.72, July and December fluctuate, midday quotes hovering 4 to 18 points higher than yesterday.

New York Liverpool South America Africa P.C

Martin Speaks On The Man And His Church At Banquet

Sanforea Martin editor of the Winston Salem Journal spoke at a banquet by the men of the First Baptist church in Lexington on the theme The Man and His Church. P V Critcher local attorney was Sunday school teacher and toastmaster, with a large attendance.

Ornament Quote: Robbers Steal Money and Car in Sicily

In a Sicily driving incident, robbers seized money, a watch, and even the car. The victim says a revolver was carried but not found by the thieves. The exchange captures a humorous yet harsh street scene as reported by Der Lustige Sachse.

Sicily

Wheat prices rise and fall on export demand

Chicago market notes stronger North American export demand lifting wheat prices then selling pressures causing irregular closes. Wheat ended with a 5 8 to 3 4 cent net decline and 1 to 17 cent gains in provisions as markets opened high, low, and closed mixed.

Chicago North America

Flight crew lands at White Horse from Chicago via Edmonton

Parker D. Cramer and W. H. Gamble landed in White Horse Yukon Territory after flying from Chicago to Nome. Their route included Edmonton Alberta and British Columbia stops at Prince George Hazleton Telegraph Creek and Atlin.

White Horse Yukon Territory Parker D. Cramer W. H. Gamble Chicago Nome Edmonton Alberta British Columbia Prince George Hazelton Telegraph Creek Atlin

Army and Navy to stage 1951 football game in Soldier Field

Chicago report says Army and Navy have buried the hatchet and will play a football game at Soldier Field in 1951, with details to be announced. The Chicago Daily News notes word reached Chicago today.

Chicago Chicago Daily News Today Army Navy Soldier Field

Stout Seeks Weight Loss With Doctor Advice

A man reports to a doctor that his plan to ride horses to slim down is failing. The doctor notes the effort may help but weight loss is not yet achieved and advises adjustments. The exchange captures a humorous take on dieting efforts.

Stout

Mexican Rebels Claim Germans Supply Arms

Juarez rebels allege they are receiving war munitions from Germany, not specifying government or private sources. A German ship reportedly docked at Yavaros in Sonora and sent arms to General J. G. Escobar near San Blas, with U.S. authorities saying if true, shipments likely came from private firms to avoid U.S. displeasure.

EL Paso Tex Juarez Germany Yavaros Sonora J. G. Escobar San Blas United States

Wealthy ex bootlegger held for $25 000 ransom

Fred Begeman a 52 year old Wyandotte man described as wealthy former bootlegger was held for 25000 ransom by kidnappers who warned relatives that failure to pay would be “too bad for him.” The abduction was traced to Wyandotte after he vanished Friday night from the business district. Kidnappers extended time twice and demanded payment by noon.

Detroit Fred Begeman Wyandotte Begeman

Turkish minister expects arbitration treaty with Germany

German parliament reports Dr Tevfik Rushdi Bey Turkish foreign minister announced in Berlin that a treaty of arbitration and conciliation with Germany is expected to be concluded soon without political clauses.

Berlin Tevfik Rushdi Bey Germany

Purely Business Theater Visitor

A brief Berlin exchange features a tailor and a theater visitor. The visitor asks why the tailor claps the author, who used to be a customer, and the tailor responds that the author has now paid.

Dorfbarbier Berlin

Loew's declares regular quarterly dividend of 1.62

Loew's Inc. declares a regular quarterly dividend of 1.62 per share on preferred stock payable May 15 to holders of record May 3. White Rock Mineral Springs reports first quarter 1929 net profit 217156 after charges and federal taxes, up from 216180 in 1928. Russia Insurance stockholders approve capital changes including a 21 2 for 1 split, stock dividend and rights offering at 30 a share. Youngstown district steel plants run capacity around 92 percent with nearby mills at 85 percent. Ford adds three open furnaces at River Rouge boosting monthly alloy steel capacity to 50,000 tons, up 30 percent from 1928. General Railway Signal earns 0.76 a share in Q1 1929, up from 0.48 in 1928. General Electric earns 1.92 a share, up from 1.56. Consolidated Film Inc reports Q1 1929 net 576853 after depreciation and taxes, down from 851244 in Q1 1928. Averages-30 industrials up 4.26 to 315.33, 20 active rails up 0.67. Cotton: New Orleans reports tenderability at 99.6 percent of 14241003 bales. 11701994 bales tenderable, with 2579109 bales tenderable as 19.79 percent, all tenderable supply disposed with 11607000 exported or consumed.

Loew's, Inc White Rock Mineral Springs Russia Insurance Youngstown Indi Youngstown Sheet and Tube Republic Iron and Steel Ford Motor River Rouge General Railway Signal General Electric Consolidated Film Inc New Orleans

Cotton Letter Describes Market Update and Weather Outlook

New York April 23 report notes futures for May July and Oct at better levels than due with 5,000 spot sales. Middlings eased from yesterday while forecasts predict fair conditions in Carolinas Georgia Mississippi Alabama today. Weather may bring showers in Ark Oklahoma Texas with moderate Worth Street activity and anticipation of near month liquidation.

New York Liverpool Carolinas Georgia Fair Miss Ala Ark Okla Texas Worth Street JNO F. Clark & CO

Market tips on Phillips and major stocks

Phillips Pete shows a definite upward move and could rise above fifty on the current move. American Locomotive may surge past 150 as 1929 earnings rise. American Smelting and Refining appears to have bottomed near 100 with a later advance. Columbia Graphophone resumes uptrend with strong sponsorship and potential for new highs. INO. F. CLARK & CO.

Columbia Graphophone INO. F. Clark & CO

Stock opinions on oil rails and merchandising bets

Chisholm and Chapman foresee a general advance today as leaders favor easier money and renewed confidence. Montgomery Ward is expected to gain with record April business ahead, while oil stocks are viewed as strong long term opportunities. Other firms note liquidity near bottom and possible rallies after recent liquidation, with cautious stance on outside buying until first notice day.

Chisholm and Chapman Jackson Bros Hornblower and Weekie Montgomery Ward Halle and Stieglitz Bordens F. B. Keech Orvis Bros Pynchon Hubbard Bros JNO. F. Clark & CO

Marine Preferred and Electric Boat Stock Outlook

Marine Preferred rests after a ten point advance and could gain on weak spots as shipping issues warrant discount movement. Electric Boat shows improving fundamentals over ten years and is recommended until its value is truly discounted. Postum Cereal trend looks up with a move likely toward the old high later this year. MO. F. CLARK & CO.

Electric Boat Postum Par MO. F. Clark & CO

Chicago Livestock Market Report Slow Hogs and Cattle Trade

Chicago hog market slow with 23 000 head and 2 000 direct sales. Prices mostly 18 to 20 cents lower. top 11.70 for around 180 lb hogs. Bulk 160 300 lb hogs 11.35 11.60. Cattle 7 500, calves 4 000. steer and yearling trade slow, slaughter classes steady to slow. heavy sows easy.

Chicago Livestock Chicago

Market Report on Livestock Prices and Ranges

The summary lists bid and ask ranges for cattle, calves, and hogs by weight and quality, including fed yearlings, heifers, cows, bulls, vealers, and stockers. It notes sheep and lamb movements with prices for fat lambs, wool, and clip selections, plus feeder lamb activity and limited sales.

New Orleans Cotton Opens Firm on Higher Liverpool Cables

The New Orleans cotton market opened firm as Liverpool cables rose, with early trades up 5 to 13 points and futures advancing on strong demand and short-covering. July, October, and December contracts climbed to around 19.16 to 19.21 before easing slightly, closing with 8 to 16 point net gains.

New Orleans Liverpool P.C

Potatoes Market Report From Chicago Apr 23

Potatoes receipts totaling 112 acres on track 33 new 219 old with total shipments of 691 cars. New stock trading strong while old stock stays fair. Texas Bliss Triumphs sold 4.75 to 4.85. Wisconsin round whites 70 to 90, Minnesota North Dakota round whites 70 to 80, Red River Ohio sacks 80 to 90, Idaho Russets 1.80 to 2.10.

Chicago Texas Bliss Wisconsin Minnesota North Dakota Red River

WCTU to Campaign If Wisconsin Prohibition Is Repealed

The Women's Christian Temperance Union announced it will campaign to restore the Wisconsin prohibition law if the state legislature repeals it during this session.

T. U Chicago Women’s Chrisian Temperance Union

Sugar Prices Dip in New York Trade

Raw sugar fell 1.32 to 3.61 a hundredweight for spots paid while refined sugar held at 4.90 for fine granulated as New York markets extended a softer tone.

New York

Terrible Pun Boss and Fallers in Life Story Panel

A witty panel shows a character joking about a near tumble as another worker named Mike quips about seeing a couple of other fallers. The scene captures a humorous exchange amid a risky moment described in Life.

Mike

Two Men Burned In Asheville Gasoline Fire At City Garage

In Asheville on April 23 two city employees Willard Quinton and Kenneth Jackson were severely and burn injuries after a gasoline fueled blaze aboard a recre­ation park boat. E H Willenbacker of Norfolk Virginia aided by smothering flames. The trio were hospitalized with Quinton badly burned, Jackson with a broken knee cap and burned hands, Willenbacker lightly burned. The fire department extinguished the blaze before the gasoline spilled and exploded.

Asheville Asheville Hospital Willard Quinton Kenneth Jackson E. H. Willenbacker Norfolk Texas Oil Company Quinton Asheville Recreation Park Quin City Jackson Willenbacker

Also Mentioned on This Page

Commercial National Bank Atchison Ee Allied Air Reduction Co Atlantic Refining Sir Ajax Rubber Adams Millis Slyogi Tobacco Smelting Ee Anaconda Am Steel Fdy Barnsdall Corps Briggs Mfg Co Rt Contl Motors Ches and Ohio Freeport Texas Fox Film Corp Famous Players Enl Motors Gimbel Bros Gold Dust Corp Goodrich Goodyear Tres Hudson Motors Hupp Motors Houston Oil Ee Kennecott Kresger Kroger Lig and Myers B ORS Miami Copper Mo Kan and Tex RR I Murry Corp . Ae Io Io Magma Copper Nash Motors Y Central NY NH Nor Am Corp Nor Pac Otis Steel Corp Packard Motors “Ee Pathe Exg Com al Penn Radio Corp of Am Reynolds Superior Oil Oo Se Southern Ryene Stewart War Eee Studebaker Corpu Ufeway Stores Texas Corpn Oe Texas Gulf Sul Union Pace RR Stl Corpn Vic Official Bureau Weather Report Max Min Atlanta Yueau Atlantic City Birmingham Charleston Charlotte Hatteras Ee Jacksonville Ee Key West Little Rock Los Angeles Memphis Miami Mobile Vicksburg Treasury Florida High Point Fruit and Produce Co E. High St Union Bus Station Chicago Grain Charles Hohman White House Nissen Bldg Winston-Salem, N.C North Main Street Coats Tan
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