Speculators Play Safe as Week Ends Near
New York February 6 AP Mixed stock movements reflect speculative accounts evening up ahead of stock exchange figures on brokers loans. The figures show 3.513 billion dollars, larger than expected but under six percent of total market value. Major oils like Associated and Pacific Oil rose, United Fruit hit a record, and several industrials closed at new yearly highs before slight pullbacks. The week’s clearing house reserve rose to 637.55 million with mixed loan and deposit changes. Foreign exchange remained steady with sterling near 4.86 and French francs around 106.
MENTIONED IN THIS ARTICLE
NEW Yrk
Stoek
Wall Street
Simmons
Exxchange
Associated Oil
Pacific Oil
United Fruit
American Metal
American Type Foundry
Endicott Johnson
Fifth Avenue Bus
Savage Arms
American Can
Baldwin
U. S. Steel
Postum Cereal
California
General Electric
Sloss Sheffield
Union Bag and Paper
National Cloak and Suit
Universal Pipe
Poole
United States Rubber Common
Federal Reserve Bank
Wheat futures ease as exporters hold back
Chicago market shows price declines across grain contracts as exporters refrain from large North American purchases. May wheat slips to 1.74 1/2, July to 1.53 3/4, with corn and oats also lower and provisions down 10 to 25 cents.
MENTIONED IN THIS ARTICLE
Chicago Grain
Chicago
New York Stocks Report Market Moves and Closing Scores
Trading centers on Wall Street show mixed results with gains in steel and oil shares while utilities slip. Major indices close modestly higher as investors weigh corporate earnings and global demand.
Irregular Bond Prices Mark Activity in New York Market
Irregular tendencies appeared in today's bond trading though trading kept interest with traction issues and sugar liens. Interboro Third Avenue and New York railways closed week with 2 to 7 point gains while Warner Refundings and Cuba Cane issues rose slightly amid profit taking.
MENTIONED IN THIS ARTICLE
New York
Interboro
Third Avenue
New York Railways
Warner
Cuba Cane
Vertientes Sugar
Skelly
Pan American
International Paper
Kelly Springfield Tire
Utah Power 56
Roger’s Iron
Uisit
Littauer to Endow Pneumonia Study at New York University
Lucius N Littauer a New York manufacturer pledges 10000 a year to New York University for a study on prevention and cure of pneumonia. His wife died of pneumonia two years ago.
MENTIONED IN THIS ARTICLE
New York
Lucius, N. Littauer
New York University
Dry goods markets show little change in early shipments
Cotton goods markets hold steady with small lot orders for early shipments and slight price easing on printed cottons. Silk and cotton blends and wash fabrics lead sales while raw silk stays steady as forward buying slows and weather curbs spot trading. Burlaps draw attention as prices rise and Irish linen importers push Czecho-Slovakia linens, with wool goods openings remaining moderate.
MENTIONED IN THIS ARTICLE
New York
Czecho-Slovakia
Christian Endeavorers To Meet Monday Night
The High Point Christian Endeavor Union will hold its regular mass meeting Monday night at 7 30 at the Presbyterian church. The union includes Archdale Springfield Friends First Presbyterian Lebanon M P Christian Welch Memorial and First M E. Hewitt F Cunningham Southfield secretary will deliver the principal address. Cunningham is noted in religious and educational circles and served with American forces in France where he was wounded.
MENTIONED IN THIS ARTICLE
High Point Christian Endeavor Union
Presbyterian
Christian Endeavor Union
Archdale
Springfield
Friends
First Presbyterian
Lebanon
M. P
Christian, Welch Memorial
First M
Quiet Cotton Market Steady After Near Month Covering
The New York cotton market Friday was quiet but generally steady as near month shorts covered and foreign buyers added late deliveries. May touched 19.80 and closed 19.77. March rose to 20.39 as near month shorts covered amid trade demand and late-month selling.
MENTIONED IN THIS ARTICLE
New York
Liverpool
India
China
Boston
Heavy Loans Revealed in Market Reports This Week
New York reports stock and bonds collateral loans of members totaling 3.513 billion dollars about one billion above conservative estimates. Blair and Company and Chase Securities acquire control of Associated Oil for 59 dollars a share. Postum Cereal and California Packing plan a merger next week with a 185 dollar per share offer for controlling stock.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Associated Oil Company
Blair and Company, Inc
Chase Securities Corporation
California
Postum Cereal Company
California Packing Company
Cottonseed oil market ease after early firmness
In New York on Feb 6 the cottonseed oil market opened steady on crude support but fell as lard declined and buyers took profits. Close softer by 7 to 12 points at 5,500 barrels traded. Prime crude 11.00 and futures for May and July around 11.25 to 11.38 with Sept near 11.46.
MENTIONED IN THIS ARTICLE
New York
The Coming of Amos and Starvation Blues at Broadhurst
Families in High Point are invited to a Broadhurst showing featuring The Coming of Amos Cecil DeMille production with Rod La Rocque Jetta Goudal and Noah Beery. The reel plays Monday and Tuesday with Starvation Blues a Mack Sennett comedy.
MENTIONED IN THIS ARTICLE
High Point
New Broadhurst
Amos
Cecil DeMille
Rod la Rocque
Jetta Goudal
Noah Beery
Paul Sloane
Broadcasters to learn of High Point growth plans
The High Point chamber of commerce plans free mail cards for radio broadcasters nationwide. The postal cards summarize the city’s resources and growth, aiming to boost appreciation for High Point’s programs and development.
MENTIONED IN THIS ARTICLE
High Point
Chamber of Commerce
Radio Fans Express Appreciation For Program
The text notes a form printed on a card for radio fans to express appreciation for good programs. It mentions the chamber office distribution of census figures and city production data for High Point since 1900, including carloads of furniture and hosiery pairs, with a closing note of enjoyment and thanks for a clear interference-free reception.
MENTIONED IN THIS ARTICLE
Chamber of Con
High Point
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Stock Exchange
Alliel Chem and Dyeeeee
Bosch Magneto Seeesees
Am. Tel
Tel. Es
SSS
Ope One
Atlanta
California Petroleum
Chesapeake and Ohio
Northwestern
Rock I
Pac
Chrysler Motor Ae
Coca Cola
Columbia Gas
Elec
Consolidated Gas
Eee Ee
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Eee Wees
Elec, Pow
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Fisk Rubber Ee
Freeport-Texas Co
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Inter
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Uae
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Southern Ry
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Standard Oil of NJ
Stewart Warner
Eeese
Studebaker Corp
Exas Company Se
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Union Pacific
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Woolworth and Co * Ee
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Rep
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U. K
G. B
Seeeell
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Cleve, Cin, Chi and
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R. R. Temp
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Union Pacific Ist
Ve Car
Coe
Tel
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Tex. and
Mex
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Public Service of N. J
U. Bo Raebeer Gh
Ciacec Ce
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Anaconda
Baltimore and Ohio
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Eriegen
Len
Kan
Tex
St. L
Pet
Steel
Western Electric
High Point Insurance & Real Estate Company
Jack Edwards
Mgr
Christian Endeavorers
Broadhurst
Riviera
William J. Locke
Knox
Chase. Hayes
North Main St
Jewer
Dize Awning & Tent Company
DIE Awning & Tent Company
Winston-Salem, N. C
High Point Office
Moores Book Store
High Point Telephone
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