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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 27, 1930
Page
9
In Cincinnati on August 27 a thousand Grand Army of the Republic veterans beat fatigue to march the entire parade route their backs bent yet proud. Automobiles were assigned to carry about 1,000 and an estimated 500 more would stand by to wave greetings.
In New York on August 27, speculators pursued modest gains with profit taking and irregular price shifts. U S Steel eased after a brief rise while utilities and other leaders advanced briefly. Vanadium and Bohn Aluminum fell to new lows as building data and credit firmed slightly.
Funeral services for Charlie Winfrey were held at Green Street Baptist Church at 10 o clock. Ministers included Rev George T Tunstall Rev J D Barnette Rev W P McCarter and Rev J L Wipperman brothers of Mrs Winfrey. A mixed quartet sang The Old Rugged Cross Going Down the Valley and O Think of the Home Over There. Interment followed in Oakwood cemetery.
Chicago grain markets weakened as wheat hit a new seasonal low with Canadian Growers' Pool reportedly selling futures at Winnipeg. Corn followed the Wheat decline, with oats and provisions also moving. Wheat closed 1 1 4 to 1 1 2 cents lower, corn down about 5/16 to 7/16, oats 1 3/4 to 1 1/4 lower, and provisions mixed.
The heavily abbreviated report lists numerous securities and dealers including Anaconda, Armour, Bethlehem Steel, Chrysler, General Electric, Goodyear, Packard, Reynolds, Royal Dutch, United Aircraft, and Western Union. It notes varied trading activity with several prices shown, indicating a mixed but active session across multiple industries.
New York cotton markets opened steady with a modest decline to gain for several months as Wall Street buying supported the market. Late morning activity saw selling in near months while longer months climbed, with hesitancy tied to the weekly weather outlook and anticipated south receipts.
The Graf Zeppelin departed Fribourg with two dozen guests including Prince and Princess Fuers tenberg, Princess Windisch graetz, and Counts and Countesses from Carinthia, South Bohemia, and Prague. Chef Otto Manz prepared notable menus for the voyage over the Black Forest and Switzerland.
The United States consumes more fur than any country, with annual pelts valued around 70 million dollars. The Agriculture Department notes fur imports come from eighty other nations.
NEA Service notes four New York syndicates built yachts for America’s Cup defense as Lipton’s Shamrock and Columbia clash. Trials show Shamrock II fast but fragile, while Columbia outsails in heats and wins the decisive 15 to 30 mile race set, with a 2 second finish after handicap.
Cotton futures in New Orleans closed steady with minor losses across several months. Contracts show modest downturns from earlier levels with January and October deliveries near unchanged and December reflecting slight declines.
A fire at the American Car and Foundry plant in Bloomsburg Pennsylvania injured one firefighter and caused about 500000 dollars in damage early today. The blaze destroyed the facility, with investigators assessing the cause.
A giant sugarcane variety imported from New Guinea is thriving in Florida. Stalks reach from 85 to 300 feet, highlighting a remarkable growth pattern and potential agricultural impact.
R D Watson of Winston-Salem is named grand patriarch of the North Carolina Grand Lodge Odd Fellows at the 83rd annual convention closing in High Point. Other officers include F B Freeze grand high priest and John W Jump senior warden. The meeting decides to hold the 1931 gathering in Raleigh and to erect a monument for former Grand Scribe L W Jeanerett in Asheville.
Major General Hanson E Ely commander of the second corps area of the U S Army, after attending the American Legion convention in Winston Salem, visited High Point last night before boarding the 9 40 trains to New York. He was invited to High Point by Bruce H Carraway, an official delegate from the local post.
The F. L. Cox residence at 808 Carrick avenue suffered fire damage this morning around 3 50. Fire Chief A B Horney said damages could not be estimated but did not expect extensive loss.
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