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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 06, 1935
Page
9
New York February 6 traders faced a cautious session with mixed price trends and declines outpacing gains. Markets held fire awaiting the gold decision while a sharper drop in power production and a cautious view of steel dampened sentiment. Railroad bonds were heavy and the broader bond market steady as commodities moved narrowly.
In Greensboro on February 6 a non-suit was granted in the suit by J. M. Sheesley partner of the Walkathon against Ray Alvis and J. H. Fitzpatrick. Sheesley sought an accounting of receipts and claimed defendants withheld his share and sought attachment of property.
The Chicago market shows butter quotations at 6 409 per unit with grade ranges from 93 score creamery specials to 34 35 percent for standards. Eggs are listed at 3 425 per unit with extra firsts 32 percent and graded firsts around 20 31 percent. no sales indicated.
Chicago market report shows hog prices 8.00 to 10.00 for heavy weights and 5.25 to 7.60 for lighter cattle classes. Slaughter hogs slow and weak, top hogs at 8.10, while cattle bids slip with mixed gains in higher grades and steady to weaker demand overall. Trade notes larger primes firmed briefly but general buying interests remain pressured.
Cotton futures in New York opened quiet and 1 to 2 points lower amid disappointing Liverpool cables and moderate foreign selling. March 12.31, May 12.37, July 12.36, October 12.26, December 12.34, January 12.358. trade stayed narrow with May slipping from 12.2 to around 12.865 as early trading showed about 1 to 4 points net lower.
New Orleans February cotton futures opened lower with March old crop at 12.20. New crop October and December started 3 points down at 12.27 and 12.32. October eased to 12.26, settling 3 to 4 points below yesterday's close.
Business opportunity ad from R. B. Gantt of Southland Supply Co at 713 N. Main Street offering to buy vacant lots for cash furnish plumbing and heating finance homes provide complete water systems for country homes install stokers air compressors gasoline pumps kerosene tanks underground storage tanks and related goods all on easy terms See us before you buy.
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