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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 25, 1930
Page
7
Chicago market report lists Wheat No 1 at 91 1 2 for general, 90 1 4 for No 1 hard, 90 1 4 to % for No 1 northern spring. Corn No 1 mixed 1.00 and No 1 yellow 1.60 to 1 1 2. Oats No 1 feed 40 No 1 white 42. Rye No 2 69 No 3 68 1 2. Barley 56 to 68. Timothy and Clover seed priced 5.25 to 5.60 and 13.50 to 21.00 respectively.
The Liverpool market shows dull spot demand with prices for American grades down. Sales reach 3,000 bales, including 1,400 American, while futures close steady with Oct at 5.98 and Dec at 6.00.
Chicago reports potatoes on track with 141 loaded on track 261, total U S shipments Saturday 622 and Sunday 36. Wisconsin sacked Irish cobblers mostly 1.80 with some 1.75 and 1.65 for small stock. Minnesota Farry and Ohio 1.50 1.65. Missouri sacked Irish cobblers 1.65 1.75. Wisconsin sacked Triumphs 2.25. Colorado sacked Triumphs 2.40.
The modest stock advance started the week in New York with gains of 1 to 4 points but oil sector weakness pulled the market down. Vanadium slid over 5 points while Shell and Prairie Pipeline hit new lows. Major oils fell about a point and key names like American Can and Goodyear shed small amounts as trading remained light.
Chicago grain markets showed mixed results with wheat and corn opening lower while futures rallied briefly then eased. The day included a 1930 wheat production rise from 22 countries, weak export activity, and grim corn belt findings after a long survey. Provisions stayed easy amid overall softer grain values.
Robert K. Hampton age 21 from Asheville was shot Friday afternoon in Cocke county Tennessee and died from a .45 caliber wound to the back as family members found him on a Newport area porch. Sheriff J W Northern conducted a wide investigation to determine the shooter and circumstances.
Cincinnati Ohio prepares for a civic welcome signaling the 64th encampment of the Grand Army and the Republic. Veterans who marched home with a union victory in 1865 will be fete d with martial music and praise from public officials tonight.
The market opened firm with gains in Radio, International Nickel, Byers and others. In North Carolina, Sam Hedrick, 49, of High Point, was seriously injured when his wagon was struck by a car driven by Mrs. E. T. Rimmer near the Guilford county line. Hedrick sustained a fractured skull and remained critical. his daughter Gladys was hurt lightly, while Mrs. Rimmer was uninjured after stopping at the hospital. The car owner continued on after the incident, claiming a bee caused her to lose control.
New York August 25. Cotton opened steady with a 6 to 11 point decline on weekend Texas rains and soft Liverpool cables. Southern selling was light, basis in the Southwest firmer, with December contracts tumbling to 11.99 and 11.10 after initial losses. Prospects of more rains sparked some selling while hedging slowed and cooperative handling rose. Prices steadied near unchanged to a point higher as the morning wore on.
Three out-of-town men were injured in a late Saturday night crash near the West End. Z. F. Cannon of Charlotte sustained a broken collar bone. Jim Anderson and J. D. Warren of Fayetteville suffered facial cuts and bruises. Cannon drove a Chrysler that struck Warren’s Ford on an upgrade. Patrolman R S Harris cited Cannon’s left-side driving as cause. All received medical care but none were kept in hospital.
Dr Farrar Parker a prominent Asheville physician was allegedly rough handled by Patrolman Brock Cook and special officer Sam Bennett during a Sunday morning stop. Commissioner C H Bartlett ordered a full written investigation by Chief W R Messer for action.
In New Orleans today August 25 cotton opened easy due to lower Liverpool cables with October at 10.80 and December at 11.03 down about 10 points from Saturday. Prices then firmed as news that a cooperative marketing association would lend up to 90 percent of cotton value supported bullish sentiment, October at 10.93 and December at 11.10, up 7 points from the lows.
Chicago dairy market reports butter trading on August 25 with 11,770 pounds handled. Creamery exports steady at 39, standards at 39, extra firsts between 37 1/2 and 38, firsts from 35 to 12 364, seconds from 33 to 84 percent.
Police seized an arsenal in a Brooklyn flat linked to Jack Legs Diamond after tailing a wife’s car. Nine bombs, grenades, vests, machine gun stocks and ammo were found in three suitcases along with silencers and tear gas. Arrested were Frederick Wichter, his wife, Harry Kelefn, and James Dalton Diamond’s chauffeur. Dalton claimed Diamond sailed for Europe on the Bal tic. Wichter said a sailor paid him to store the items. Diamond, long jailed for murder, had many prior arrests.
Chicago August 25 Peter Von Frantzius sporting goods dealer named as an accessory before the fact in the June 9 slaying of Tribune reporter Alfred Jake Lingle. Police tied him to selling the pistol used and to supplying weapons linked to the St Valentine’s Day gang killings.
Forty one Danish cinemas have been equipped to show sound films, marking a major move in the country’s cinema industry. The upgrade promises sharper audio for audiences and aligns Denmark with evolving film technology.
In Cleveland a party at Ray S. Dunham’s home for friends of his son Donald devolved into a street melee with five armed robbers. Miller Wilkison, a 23 year old Princeton senior and guest, was shot in the head during a gun duel with police and robbers and died shortly after. Three robbers and several partygoers were wounded.
The August 24 lesson-sermon in Christ Church, Scientist centers on Mind as God. The Golden Text cites Romans 11 34 and Job 23 13, stressing one Mind and the erasure of error through God as the sole Mind. The Science and Health passage asserts Mind is God and declares there is only one Mind, preventing sin by denying any other.
Benjamin Franklin Saunders 76 died at his son J. W. Saunders residence 1109 East Russell Street at 11 30 this morning. A four year city resident he came from Hamlet and was born December 19 1853 in Anson County. He belonged to Nebo M E Church Richmond County. Survived by his son funeral services tomorrow at 3 pm from the Russell Street home led by Rev E L Kirk Calvary M E Church with Oakwood cemetery burial.
In New York on August 25, foreign exchange rates show irregular demand with Britain at 4.86 13-16 on spot and 4.87 on cables, 60 day bills 4.84 3-4, France at 3.93 5-16, Italy at 5.23 on both demands and cables, and a list of demand rates for Belgium, Germany, Holland, Norway, Sweden, Denmark, Switzerland, Spain, Greece, Poland, Czecho Slovakia, Jugoslavia, Austria, Romania, Argentina, Brazil, Tokyo, Shanghai and Montreal.
Charlie Jennings 22 of Yadkin county died from injuries after an automobile accident near Elkin. Jennings was driving a small touring car with his mother Mrs. D C Jennings and Elijah Welborn as passengers. The car overturned on a curve. Welborn was badly bruised and Mrs. Jennings had minor injuries.
In New Orleans on August 25 cottonseed oil opened steady with bids for several futures contracts. January 7.59, February 7.60, March 7.65, September 7.45, October 7.45, November 7.50, and December 7.55 were the listed bids.
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