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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 16, 1935
Page
9
Wall Street steadied as gold currency support cooled the market. Equities and staples recovered modestly while dollar exchange cooled fears of a renewed gold run. French francs Dutch guilders and sterling showed small moves as bonds stayed quiet and grains rose slightly. Moody's index notes electric power gains eased versus the prior period.
Seven Parsons and a group of ministers led by city councilman hunted at the old Gould lodge property near J. E. Millis, with 18 dogs, and claimed a surprising rabbit haul of 21. Rev. F. L. Conrad presided as field judge as the chase opened early and one rabbit was freed from dog teeth by a private. The hunt included Reverends Love Royal Payne Shaffer Morgan and Hipps.
Federal court in Greensboro hears a suit by Southern Furniture Expo Building Inc and Virginia Trust Co of Rich against Commercial National Bank of High Point with receiver John D. Biggs over a $37,085 priority claim. Plaintiffs say funds were deposited to cover bonds and that a Richmond note due January 1, 1932 was sent for payment but unpaid. Bank denies priority and seeks to dismiss claims. Also noted are separate actions by Biggs against Oak Ridge Military Academy for a $50 note and against B B Carter and A M Rankin for a $770 note dated January 9, 1942.
The Savannah naval stores market shows firm sales figures and varied rosin prices. Reported items include rosin receipts and shipments with quoted price ranges for multiple grades and agents, indicating stable activity in early January.
Market report from New York notes varied butter and cheese price movements. Butter totals show creamery and grade differences with easing overall, while cheese prices remain largely unchanged across 280,531 pounds in mixed commodities.
Cotton futures in New York opened barely steady with declines on liquidation and gold clause fears. Prices showed modest moves with March around 12.38 and October near 12.21 before stabilizing as traders bought and covered positions.
Classified line offers horses mares and mules for sale or trade from Chas M Brown and Bob Penny with farm location near Asheboro Road. Also lists a real estate foreclosure by H Folger trustee on Lots 41 42 43 in Guilford County to be sold at the Municipal Building High Point on February 15 1985 at noon with 25 percent deposit.
The report tracks price moves with March easing from 12.37 to 12.81 and October falling from 13.26 to 12.18, a net drop of 6 to 11 points. By midday March traded at 12.94 and October at 12.21, about 4 points lower.
Chicago producer prices list unsettled butter with a 93 score creamery special at 314 percent and 32 percent extras, firsts and seconds ranges. Bees butter shows fresh graded firata at 25 to 26 percent, current receipt 25 percent, refrigerator firstes at 223 percent and standards at 23 percent.
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