Stock Prices Slump On Year End Readjustments
Wall Street opened with a reactionary trend as year end readjustments hit prices. Heavy declines in Ward Baking and Allied Chemical followed by losses in Macy Sears Roebuck and others. Volume light with about 1.35 million shares traded.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Wall Street
Ward Baking Preferred
Allied Chemical
R. H. Macy
Sears Roebuck
Columbian Carbon
National Biscuit
Old Stock
May Department Stores
Safeway Stores
Magma Copper
J. I. Case
U.S. Steel Common
Production cuts hit cotton mills nationwide this week
New York December reports show the industry slashing output to about 60 percent of normal due to stock buildup and price resistance. Print cloth sales beat production while sheetings and fine combed yarn goods lag. prices for print cloths rose while spots sold cheaper. Trading slows as year end inventories shrink and brief demand appears for first quarter deliveries.
MENTIONED IN THIS ARTICLE
New York
Sale of Valuabl e Land by Trustee
Public auction in High Point North Carolina to sell Lot 23 in West End Heights, Guilford County. The sale follows a deed of trust dating to 1922 with a default of over 90 days. Auction set for January 20, 1930 at 2 13 PM in front of the Municipal Building. Cash terms. Attorney: Peacock & Dalton.
MENTIONED IN THIS ARTICLE
R. B. Younts
C. B. Hauser
Wv. A. J. Idol
High Point Perpetual Building & Loan Association
Office of the Register of Deeds of
Guilford County
City of
High Point
North Carolina
West -End Heights
Office of the Register of Deeds
N. C
Summit Avenue
W. A. J. Idol
Peacock & Dalton
French arms delegates seek separate accord with Italy
Premier Andre Tardica Aristide Briand and Georges Leygues outlined plans at the London armament conference to adjust French and Italian naval strength in the Mediterranean. They hope a separate agreement with Italy will prevent blocking progress of the five power talks.
MENTIONED IN THIS ARTICLE
Mediterranean
Andre Tardica
Aristide Briand
Center
Georges Leygues
Chicago Livestock Prices Shift Amid Holiday Demand
Chicago livestock market reports mixed moves with cattle receipts around 100 and hogs about 8,000. Strictly choice fed steers and yearlings rise, light weights gain. medium to good grade cattle sell 11.50 to 13.25. Fat cows uneven. heavy stockers and feeders up to 17.50 in some lots. Sheep receipts 2,500 with fat lambs 14.50 top and feeders steady. hogs mostly steady with top around 9.80 for 180-210 lb. weights.
MENTIONED IN THIS ARTICLE
Chicago
New York Stocks Mixed Across Major Firms and Sectors
A fragmented summary of trading activity shows gains and losses across chemical, dye, sugar, textile, and automobile stocks. Notable名字 include Armour, DuPont, General Motors, Reynolds Tobacco, and Seaboard, with mixed performance in sectors such as oils, chemicals, and manufacturing. Sales total 1,624,700 shares.
MENTIONED IN THIS ARTICLE
Bas Armour Aws
Beth Stee
Se Cannon Mills
C& O
Davidson Chem
MARS
Dupont
el Pow
Houston of
Hudson Motors
Hupp Motors
Cevisces
NH & Boise
Phillip Morris
Pet
Wee Sale
Pullman
COORG
Sssrese
Reynolds Tob
Seaboard
Cesse
Studebaker
Tenn Cop
Chemeit
Toes Corp
Timken Holl
U S Rubber A
U S Steel Ewily
Univ
Va Car Chem
Ward Baking Ber
Willys
TRIO
New Orleans Cotton Opens Quiet Then Steady
New Orleans cotton opened quiet and steady with Liverpool due. January at 17.10, March 17.35, May 17.60, later easing 2 to 5 points. Futures closed steady with small declines. Potatoes in Chicago mixed with Wisconsin whites around 2.40 to 2.60 and Idaho russets 2.75 to 3.00. American Library Association reveals 50 million Americans lack a public library nearby.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
P. C
Chicago
U. S
Wisconsin
Idaho
Wall Street Ends Week in Dispair After Holiday Trading
The stock market faced its bleakest holiday period since 1920 with continued selling pressure. Analysts warn of a coming recession next year while January reinvestment demand lags and tax selling persists as small banks squeeze loans backed by securities.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Federal Reserve
Three Car Building Firms Merge Into $400 Million Group
Chicago, Dec. 28. Merger of three car building companies into a $400 million corporation awaits stockholder approval. Pullman, Inc. leads the consolidation by acquiring Standard Steel Car and Osgood Bradley stock and the subsidiaries. D. A. Crawford remains president of Pullman, Inc. and the Pullman Company, while C. A. Liddle continues as president of the Pullman Car and Manufacturing Company.
MENTIONED IN THIS ARTICLE
Chicago
Pullman, Inc
Tandard Steel Car Company
Osgood-Bradley Company
D. A. Crawford
Pullman Company
C. A. Liddle
Pullman Car and Manufacturing Company
New York Cotton Opens Steady Amid Light Offerings
Cotton opened steady with a slight advance and traded quietly as traders awaited news. March around 17.45 and July near 17.88, with prices near unchanged to one point lower after the first half hour. Liverpool notes hedge covering and liquidation, with 154000 bales awaiting clearance versus 174000 last year. Industry ranking: Norway prioritizes agriculture, forestry, mining, fishing, shipbuilding.
MENTIONED IN THIS ARTICLE
New York
Liverpool Cables
Trade Calling
Health Superstitions Medical Science Finds Raynaud's Cure
Dr Morris Fishbein reports on Raynaud's disease, its differentiation from thrombo angiitis obliterans, and a surgical nerve-root removal that improved hand circulation. He notes improved temperature response after one side operation and lasting benefits. The article also links aging degeneration to diet, citing Langstroth's study showing vitamin poor diets correlate with degenerative diseases and that balanced diets with protective substances reduced incidence.
MENTIONED IN THIS ARTICLE
Raynaud
Lovell Langstroth
San Francisco
Raleigh Youth Killed in Hit and Run Crash
Raleigh police report an 18 year old delivery boy Williard Fowler died after being struck by an automobile in a hit and run collision in Raleigh on December 28. The victim was identified as Williard Fowler of Raleigh.
MENTIONED IN THIS ARTICLE
Raleigh
Williard Fowler
Committee Report Charges Repression Of Freedom Of Speech At Pittsburgh U
AAUP report opens at Durham convention condemning actions by the University of Pittsburgh. The investigation cites abolition of the Liberal club and dismissal of F E Woltman as grave academic freedom violations. The Pittsburgh admin is urged to abandon policy and the tenure system with removal only for cause.
MENTIONED IN THIS ARTICLE
Pittsburgh
Durham
University of Pittsburgh
A. L. Wheeler
Princeton University
George H. Sabine
Carl Wittke
Ohio State
Sabine
Liberal Club
Woltman
University of Missouri
Wheeler
Caledonia Prison Hires New Full Time Physician
The North Carolina state prison board has employed Dr. C. L. Jenkins of Raleigh as full time physician for Caledonia farm in Halifax county. Jenkins, a former state hospital staffer and Wake County county physician, will oversee medical care for about 600 prisoners, focusing on mental as well as physical health. Dr. B. R. Dodd, retiring resident physician, will assist for two to three weeks to ensure a smooth transition.
MENTIONED IN THIS ARTICLE
Jenkins
State Hospital For the Insane
Raleigh
Dr. Jenkins
Caledonia Farm
Wake County
B. R. Dodd
Caledonia
California bungalow with adobe look and Spanish tile roof
The piece praises a typical California brick bungalow finished with whitewash to mimic adobe walls and a Spanish atmosphere. It extols the distinctive California tile roof and simple interior plan as strong selling points, noting the overall charm and appealing design from common brick and plastered walls.
MENTIONED IN THIS ARTICLE
California
Bessie Love Becomes Mrs Hawks in Hollywood Ceremony
Hollywood social scene watched Bessie Love wed William Ballinger Hawks Jr at St James Episcopal Church. The screen star, previously Juanita Horton, joins Beverley Hills stock broker in a high profile union as brothers Kenneth and Howard Hawks already intertwined with films. The event drew moviedom’s notable names and a rope barricade crowd.
MENTIONED IN THIS ARTICLE
Hollywood
Calif
Bessie Love
William Ballinger Hawks, Jr
St. James Episcopal Church
Miss Love
Beverley Hills
Kenneth
Howard Hawks
Juanita Horton
Chicago Grain Prices Rise On Argentina Wheat Shortage
Chicago grain traders priced in a tighter world wheat supply as Argentina was cited with only 50 million bushels available for European needs. US hard winter wheat shipments at the Gulf reportedly sold at May delivery levels, about 4 cents above export basis. Futures were absorbed as buyers with foreign ties led, ending with wheat up 1 1/2 to 2 cents, corn steady to down a fraction, oats mixed, and provisions mostly unchanged.
MENTIONED IN THIS ARTICLE
Chicago
Argentina
United States
Gulf of Mexico
Kip Rhinelander Granted Divorce in Las Vegas
Leonard Kip Rhinelander, heir to a wealthy New York family, obtained an uncontested divorce in Las Vegas from his wife Alice Jones Rhinelander. The proceeding, held yesterday, involved no representation for Mrs Rhinelander.
MENTIONED IN THIS ARTICLE
Las Vegas
Nev
Leonard Kip Rhinelander
New York
Alice Jones Rhinelander
Traveling salesman reports car break in on Sheraton Place
Charles J. Casey of Hartford Connecticut told police his auto truck parked on Sheraton Place was broken into last night. A suitcase with clothing and other valuables was stolen along with car tools.
MENTIONED IN THIS ARTICLE
Charles J. Casey
Hartford
Sickert Resigns Royal Society Presidency in London
Richard Sickert, 69, once Whistler’s favored pupil, resigns the presidency of the Royal Society of British Artists in London.
India Expands Egg Exports to Britain Surging Trade
India increases egg shipments to England, potentially surpassing China as Britain’s main supplier. Trade analysts note growing exports from Indian producers, with shipments rising as demand in the U K grows and competition with other exporters intensifies.
MENTIONED IN THIS ARTICLE
India
England
China
Britain
Egyptian Film Audiences Largely Male in Cairo
Notes from Cairo describe cinema crowds as predominantly male with few European women present in public screenings. The custom restricts women from attending moving picture shows in many venues, reflecting strict social norms of the period.
MENTIONED IN THIS ARTICLE
Cairo
Also Mentioned on This Page
Chicago Livestock
Continental Oil
Ces Vick Pimangs
Creacsess
The
American Library Association
Los Angeles
Ruth Danziger
Avondale
Louisiana Limited
Texas & Pacific Railroad
Southern Pacific Express
AP Financial
P.C
Norway
Morris Fishbein
Journal of the American Medical Association
Hygeia, the Health Magazine
Buerger
C. L. Jenkins
Monterey
Glen Brown
Cleveland
Ohio
Wm. D. Hawks
Chicago Grain
Kip Rhinelander
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