Credit unsettles stocks as rates rise and rally follows
In New York on April 29, nervousness over credit tightened money markets with call funds at 12 to 15 percent. Stocks opened lower in many industrials before an afternoon rally trimmed losses. U S Steel gained on favorable earnings expectations while Bethlehem Steel fell. United Aircraft and Air Reduction surged, and several big names slipped in early trading. George O Barnes of Pennsylvania was nominated assistant treasurer of the United States.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
AP Financial
New York
U. S. Steel
Bethlehem Steel
U. S. Supreme Court
St. Louis & O'Fallon
Damocles
Anaconda
Kennecott
Calumet & Arizona
United Aircraft
Allis Chalmers
Pittsburgh Coal
Midland Steel Products
Wright Aeronautical
Curtiss, Corn Products
Johns Manville
Columbia Graphophone
Houston Oil
American Railways Express
American Machine & Foundry
Hupp Motors
Eggs Firm Receipts Report for New York Apr 29
The New York market reports firm egg receipts totaling 35 141 cases. Fresh gathered extra first items priced around 29 to 30 cents per dozen, with values indicating steady demand and stable trading activity.
MENTIONED IN THIS ARTICLE
New York
Dr. Perisho to Speak at Moncure High Commencement
Dr Elwood C Perisho lecturer at Guilford College will deliver Moncure high school commencement address tomorrow at eight. He has sixteen definite engagements this spring with more hoped for and will also speak at several county commencements in April and May across Bertie Caswell Chatham Columbus Dare Forsyth Cates Guilford Granville Montgomery Moore Randolph Surry Wilkes.
MENTIONED IN THIS ARTICLE
Guilford College
Elwood C. Perisho
Moncure High School
Perisho
Bertie
Caswell
Chatham
Columbus
Dare
Forsyth Cates
Guilford
Granville
Montgomery
Moore
Randolph
Surry
Wilks
David L. Struthers Dies at Wilmington Home
News arrived that David L. Struthers longtime Gastonia city manager died this morning at his mother’s Wilmington home after several weeks of illness from systemic poisoning. He served Gastonia for six years and was a notable local official.
MENTIONED IN THIS ARTICLE
Gastonia
N. C
Wilmington
N C
David L. Struthers
Struthers
Pilot Fire Insurance Company 1928 Financial Statement
The Pilot Fire Insurance Company of Greensboro North Carolina filed its December 31 1928 statement with the North Carolina Insurance Department detailing capital 175000.00 with assets 627867.98 including cash and investments and liabilities including unpaid losses and unearned premiums. Officers listed include President A W McAlister Secretary J W McAlister and Treasurer A W McAlister with home office in Sedgefield Greensboro. The report covers North Carolina business in 1928 with fire risks written 12288916 and premiums and losses incurred and certified by Insurance Commissioner Dan C Boney Raleigh.
MENTIONED IN THIS ARTICLE
Ted Ewes
North Carolina
A. W. McAlister
J. W. McAlister
Home Office
Sedgefield
Greensboro
N. C
Dan C
Boney
Insurance Co
Raleigh
State OF
Pilot Fire Insurance Company
Dan
Insurance Commissioner
Aaill
C. V. Meserole
H. B
Maiden Lane
New York City
Dan C. Boney
Insurance
S. Jalonick
E. C. Jalonick
Geo. W. Jalonick
Gillon Ave
Dallas
Insurance Con
Chicago Grain Prices Show Mixed Wheat Decline
Chicago Wheat prices eased in late dealings despite a 2,459,000 bushel drop in the U S visible supply. Wheat closed irregular with a 1 to 3 cent net decline, corn down 5 to 6 cents, oats fluctuated with losses and gains, and provisions were steady to down about 20 cents.
MENTIONED IN THIS ARTICLE
Chicago
United States
Commerce Frat Initiates Eight Members At UNC
De ta Sigma Pi at the University School of Commerce inducted eight students as active members and three faculty as honorary members during the spring initiation in Chapel Hill. The honorees include Profs. G. T. Schwenning M. S. Heath J. G. Evans and Harold St Aaron plus nine new members from various states and towns.
MENTIONED IN THIS ARTICLE
Chapel Hill
de Ta Sigma Pi
International Commerce Fraternity
University School of Commerce
G. T. Schwenning
M. S. Heath
J. G. Evans
Harold St. Aaron
Spencer
Harry G. Brainard
Rochester
N. Y
William R. Coleman, Jr
Danville
Alfred A. Mount
College Point
John C. Reading
Asheboro
Eugene D. Umstead, Jr
Stem
George Winecoff
Gastonia
James F. Parrott, Jr
Kinston
Epworth League Study Course Planned at Jamestown
Rev. G. G. Adams will lead a handbook study course at Jamestown Methodist church from April 29 to May 3 each evening 7 45 to 9 45. Attending four nights earns one unit toward a Christian culture diploma for Epworth Leaguers from the High Point Union.
MENTIONED IN THIS ARTICLE
G. G. Adams
Jamestown Methodist Church
Grand Jury Delayed As Civil Cases Carry Over
Grand Jury did not meet this morning causing postponement of several cases including the murder charge against Policeman H. D. Stout. The delay stems from civil cases carried over to today.
MENTIONED IN THIS ARTICLE
H. D. Stout
Alemite Plant Robbery Hauls Grease Caps In Chicago
Early today three armed men seized the Alemite manufacturing plant in Chicago and took three truckloads of grease caps for automobiles. The raid left unknown losses estimated between 1250,000 and $60,000. Employees were held as prisoners during the incident.
MENTIONED IN THIS ARTICLE
Chicago
Alemite Manufacturing Company
New Orleans Cotton Prices Open Higher on Liverpool Cables
Cotton futures opened over a dollar a bale up on weak Liverpool cables with early losses 14 to 24 points, then rallied briefly before sliding as favorable belt weather and rising acreage expectations pressured the market. January through December contracts showed declines, with close readings around 1840 to 1890 and a net daily drop. Foreign exchange mixed with various regional demand figures listed in cents and percentages.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Prohibition Officials Detail Havana Whiskey Smuggling Ring
Sydney Hoffman and three others were deported from Cuba as officials revealed a plot to control Havana whiskey distilleries. The gang allegedly shipped a schooner load to Nassau where it was libelled, then moved to the United States after wiring funds to buy the liquor stored in Havana. The scheme involved Walsh and Arnold Rothstein, with cars labeled mineral asphalt and soap cleaner to smuggle liquor.
MENTIONED IN THIS ARTICLE
Sydney Hoffman
Cuba
Havana
Walsh
Arnold Rothstein
New York
Nassau
New Yorker
Prohibition
Grain Prices Reported For Chicago Markets
Chicago cash grain prices show Wheat No 2 hard 1.13 1.14 per unit Wheat No 2 northern spring 1.06 1.07 Corn No 2 mixed price listed No 3 white 90 percent Oats No 2 white 49 sample figures 41 42 Rye unavailable Barley 52 70 Timothy seed 4.40 5.00 Clover seed 20.00 28.00.
MENTIONED IN THIS ARTICLE
Chicago
Ill
High School Glee Club Delights First M P Church Audience
The First Methodist Protestant church welcomed the high school choral club directed by Prof. L. L. Stookey with organist Prof. KE Stimson. They performed Softly Now the Light of Day, Jesus Word of God Incarnate, and The Heavens Resound, followed by a sermon on meeting Jesus by Rev. R. S. Farmer stressing personal transformation and Christian character.
MENTIONED IN THIS ARTICLE
First Methodist Protestant Church
High School
L. L. Stookey
KE. B. Stimson
von Weber
Jesus
Beethoven
R. S. Farmer
Peter
John
Jesus Christ
Christ
Labor Leaders to Meet in High Point Next Month
Piedmont Council of the North Carolina Federation of Labor will hold its regular monthly meeting in High Point on Sunday May 26 the first time the city hosts the gathering. The meeting follows a Greensboro session where organizers discussed unrest among High Point furniture workers and an effort to organize via a mass meeting in Salisbury.
MENTIONED IN THIS ARTICLE
Piedmont Council
North Carolina Federation of Labor
High Point
Greensboro
Salisbury
E. L. Crouch
Winston-Salem
Tobacco Workers International Union
Mr. Crouch
Crouch
J. L. Bradford
Nashville
Tenn
The
Carpenters’ and Joiners’ Union
Mrs Hallie Caudle Dies. Funeral Held Today
Mrs Hallie Caudle wife of J R Caudle died at 205 Highland Avenue after months of illness. Born October 1891 in Oxford she is survived by her husband her mother Mrs W J Burchett four sisters and a son St Clair Caudle. Short services were held at Sechrest Funeral Home at 9:30 am with Rev W I Edwards, then the party headed to Oxford for burial in Elmwood Cemetery.
MENTIONED IN THIS ARTICLE
Hallie Caudle
J. R. Caudle
Highland Avenue
Oxford
W. J. Burchett
St. Clair Caudle
High Point
J. G. Burchett
Greensboro
C. H. Burchett
E. W. Hall
Mallie Burchett
W. C. Pleasants
Winston-Salem
Sechrest
W. i. Edwards
The
Christian Church
Elmwood Cemetery
Photographic Hint Wife Joke Caption
A humorous caption describes a photo showing a coat without any buttons. The wife points out the absence while the husband replies that is the reason the photograph was taken.
MENTIONED IN THIS ARTICLE
Hubby
Stock Opinions and Weather Outlook from Cotton Gossip
Stock voices from Pynchon Hubbard and Orvis Bros push for buying as prices seem reasonable and cheap. Cables report Continental buying and renewed liquidation with weather patterns favoring cotton. forecasts call for scattered rain in the central belt and East Texas unsettled, with clearing Monday in most belts.
MENTIONED IN THIS ARTICLE
Pynchon
Hubbard Bros
F. B. Keech
Orvis Bros
INO. F. Clark & CO
Central Belt
Arkansas
Eastern Belt
Cotton Belt
Texas
Chicago Market Prices for Hogs Cattle and Sheep Report
Chicago reports mixed livestock prices with hogs totaling 60 000 head including 30 000 direct. top hogs at 11.65 and bulk 11.35 11.60 for 160 300 lb cattle 17 000 and calves 5 000 largely steady with steers 1300 1500 lb at 13.50 14.90 and other cuts listed. sheep 15 009 opening weak to 25 lower with lambs 14.75 16.00 and ewes 8 10.00.
MENTIONED IN THIS ARTICLE
Chicago
California
Cotton Opens Steady Then Slips on Liquidation and Demand
New York April 29. Cotton opened steady with declines of 7 to 21 points amid liquidation and selling by wire houses and commissions. Prices fell to 18.54 for July and 18.77 for December by midmorning, later recovering slightly to around 18.53 as cov ering produced small rallies. Private cables cite renewed Liverpool selling and favorable south weather, while Indian and Chinese demand improves in Manchester.
MENTIONED IN THIS ARTICLE
New York
Continental
Liverpool
India
China
Manchester
Wisconsin, Minnesota, North Dakota Scores Highlight Round Whites Victory
Wisconsin defeated Round Whites 85 to 1.00 with a dominant performance. Minnesota and North Dakota combined to sack Round Whites 80 to 90, while Red River Ohio posted 85490 in a separate match. Idaho trounced Rus Sets 2.50 to 2.60 showcasing strong play.
MENTIONED IN THIS ARTICLE
Ket
Wisconsin
Minnesota
North Dakota
Red River
Ohio
Idaho
Liverpool Cotton Prices and Futures Report
Cotton in moderate demand but prices ease. American grades show strict good middling at 10.95 and low middling at 9.60 with sales totaling 5,000 bales, including 3,900 American. Futures closed barely steady with May at 9.83 and March at 9.90.
MENTIONED IN THIS ARTICLE
Liverpool
Potter firm dairy receipts and cheese totals reported
Dairy items show New York totals with Potter firm receipts at 5,986 and cheese receipts at 47,065. Extra creamery scores listed with several ranges, including 92 score and first grades 88 to 91. Sums reflect irregular and standard dairy product totals for the period.
MENTIONED IN THIS ARTICLE
Dairy Products
New York
Potter Firm
John E Squires 52 Dies at Home in High Point
John E Squires 52 dies at his home after several weeks illness. He lived in High Point for years after moving from Burlington and worked for Rankin Coffin and Casket and Carolina Car company. Survived by widow Lena Creel, son Lyman Squires, daughter Mrs C Austin, brother J C Squires, and granddaughter Miss Margaret A Tin. Funeral Tuesday at 2 pm at home with Dr Lloyd Wilson and Rev Herman Stevens. Interment Oakwood Cemetery.
MENTIONED IN THIS ARTICLE
John E. Squires
North Mains
High P
Burlington
Rankin Coffin and Casket Pany
Carolina Car Company
Lena Creel
Lyman Squires
H Point
C. Austin
High Point
J. C. Squires
Potatoes Market Report From Chicago Stall Side Note
USDA notices in Chicago on April 29 show receipts of 91 new cars and 267 total U S shipments for the week while trading remains slow and market weak. References to Florida and Spaulding suggest price movements with old stock trading slowly and sacks noted.
MENTIONED IN THIS ARTICLE
Chicago
USDA
U. S
New St
Bliss Triumphs
Florida
Spaulding Rose
Insurance ledger totals show cash capital and policyholder income
The document lists cash capital amount and ledger assets as of Dec 31 of the previous year. It reports income from policyholders 3,398,431.27 and miscellaneous 384,139.66. Disbursements to policyholders 1,457,130.92 and miscellaneous 1,786,798.62. Fire risks written or renewed 469,812,696 and in force. all other risks 223,353,349 in force. Assets not admitted amount to 1,000,000 totaling 5,645,878.
MENTIONED IN THIS ARTICLE
SS Ae
Republic Insurance Company
Dallas
Texas
Asset Cash Deposits and Trust Funds Summary
The document lists free tan assets including cash in the company office and deposits in trust companies and banks not on interest. Totals shown include 141,420.3 6789 600,000.0 2,393,089.2 and 3,409,662.08 in various accounts.
Also Mentioned on This Page
Jno. F. Clark & Co
Commercial National Bank
Atchison
Wee
Allied Chem
Atlantic Refining Eetee
Ajax
Aim Tobacco Com
Baltimore
Sess
Bosch Magneto
Beth Stee
Credit Cenrae
Centl Motors
Ches and
Congoleum Ee
Curtiss Aero
Gen Motors Ee Wae
Gimbel Bros Ene A
Gold Dust Corp Oe
Goodrich Common Eee
Goodyear Tire
Og Og
Hudson Motors Ee
Louston Oil
Ado One
Kroger
Lig and Myers B
Loew's
BO Ludlum Steel
Marland Oil
Magma
Nash Motors
NY Central RR
Nor Am Corp
Nor Pac
Otis Steel
Packard Motors Ee
Penn RR
Radio Corp of Arseeee
Remington Rand
Rep Iron and Steel
Sears Roebuck
Sinclair Oil
Simmons Co
Southern Ry
Stewart Warner
Studebaker Corp
Safeway
Texas Corp
Rae
Texas Gu Sul
Union Pace RR
U S Steel Corp
U S Rubber
Vu Rh
U S Ind al No
Vick Chem
Warner Bros
Oon
White Motors
Willys Overland
MH Woolworth Co
Youngstown S and T
DR. Perisho
David L. Struthers Gies
Commerce Frat
Epworth
Jamestown
Foreign Exchange
Great Britain
France
Italy
Belgium
Germany
Holland
Norway
Sweden
Denmark
Switzerland
Spain
Greece
Poland
Chicago Cash Grain
Glee Club
FIRST
M. P. Church
Prof
INO
F. Clark & CO
Westinghouse
Texas Gulf
Norfolk and Western
E. F. Hutton
Morris & Smith
Hornblower & Weeks
Halle & Stieglitz
MO. F. Clark & CO
Chicago Livestock
Bankers and Shippers Insurance CO
Statemby
Capial
Jame
Tg -Oolvber
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