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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 04, 1930
Page
9
Chicago hogs 30,000 with 13,000 direct demand higher 9.60 to 9.95 for 160-220 lb hogs. Cattle 13,000 and calves 1,500 with steers 9.00 to 11.25 for 900-1300 lb, cows 3.75 to 8.00, vealers up to 11.50. Sheep 8,000 native lambs higher to 9.75, range lambs 7.25 to 8.75, feeding lambs 6.25 to 6.75.
Salisbury August 4. Rowan county authorities seek four of ten white men who escaped from the county jail Friday night. Six have been recaptured, while the remaining four are still at large as the pursuit continues.
Stock activity remained sluggish as bulls and bears fought for momentum. Grain damage reports boosted grain prices and helped the market, though insufficient to offset weaker trims in autos and steel and muted public participation. Currency flows and London holidays dampened risk appetite while limited pool activity kept expectations cautious.
New York cotton opened steady with an early 4 point gain and 4 point decline range as Oct and Dec contracts saw buying and covering aided by weekend weather outlooks. Prices touched 12.60 for October and 13.08 for March before buyers steadied the market, while England’s bank holiday kept Liverpool closed.
In Peoria Illinois the Idlewild excursion steamer ran aground on a bar in the Illinois River last night. By 5 a m today more than 3800 passengers were ashore safe, rescued by another excursion boat and a speedboat with no confusion reported.
Five persons were killed and 16 wounded when Muslims armed with sticks attacked a Hindu procession of 15 060 in Ballia India. Police fired into the crowd to quell the disturbance during the August 4 incident.
Hawaii announces a June start for its new vOVerceBt construction program. Officials outlined goals and funding to accelerate infrastructure projects across the state.
Chicago grain markets surged on drought and heat damage to the corn crop. Wheat jumped up to 41/2 cents, corn gained about 2 1/4 to 3 1/2 cents from the low, oats rose small amounts, and provisions gained modestly.
The Davis Johnson case regarding the second ward city council seat, held by W A Davis, is heard in the Greensboro superior court this afternoon. Arguments began at 2 30 and should finish today. the dispute centers on legal technicalities, not facts, with a ruling expected within a few days.
A tomato weighing two pounds was displayed this morning in the Enterprise show window. Grown by Raymond Newton of Route 2 Thomasville, it is the third large tomato shown in recent days. Newton notes others weighed one pound 42 ounces and two pounds. He says he hopes to see an even larger tomato.
A 17 year old boy was killed and three others were injured when two cars struck a group leaving a revival service near Waynesville North Carolina. Fate Cope and W L Dawhorn the latter a Sylva negro minister are jailed as investigators delay the coroner’s inquest into Cecil Ruff’s death. Edwin Ruff brother of the deceased was among the injured and three passengers in the other car fled the scene.
Alvin Smathers a Haywood county man was stabbed in his home at 1 a m by his 14 year old son Darrell Smathers. The elder Smathers was taken to Norburn hospital in Asheville with a punctured right lung but doctors expect recovery. Darrell Smathers was arrested with bond set at 1000 and a hearing scheduled for August 15.
Edward P. Warner spoke at the Institute of Politics on sovereignty in the Arctic and Antarctic noting that Arctic routes are shortest and future bases may form. Dr. Laura Martin discussed Wrangel Island claims and British surrender, American claims, and Soviet occupation.
New Orleans cotton opened steady as Liverpool cables were late. Prices dipped but recovered slightly with October near 12.73 and December 12.92, then drifted lower into the midmorning as fears of rains and textile strikes in France and India weighed on futures.
Chicago August 4 US Dept of Agriculture reports potato and Irish cobbler market activity. Totals show 97 potato shipments and 225 Ohio track shipments with 44 Saturday and 34 Sunday. Prices vary: Minnesota sack 1.40 to 1.55, New Jersey 1.75, Virginia cobblers 2.56 to 2.90, Kansas Missouri slow trading.
Clearing House statement shows changes with total balances of 635000090 and 157008000 in early trade as market activity continues. The figures reflect liquidity movements across major clearing operations and associated institutions.
In Goldsboro an alert circulates for George Hill accused of trying to assault Mrs. Julius Jones of Richmond. The incident occurred in Eureka as Mrs. Jones and Mrs. W. E. Roberts walked with her brother Ludy Jones. Hill appeared in darkness, grabbed Mrs. Jones, and tried to drag her away before fleeing. Citizens formed a posse and scoured the area but had not captured him by afternoon.
Trustee Walter E. Crisman's sale of Lots 20 and 21 Riversid e Park Development Guilford County will occur at High Point Municipal Building August 20 1930 at 1 am. The property subject to a prior deed of trust for 5000 held by Atlantic Building and Loan Association. Cash terms with bidding starting at 139 dollars.
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