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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 24, 1930
Page
17
Stocks faced profit taking and renewed short selling as gains faded from early advances. Volume rose with over half a million more shares traded than the previous day, while leading houses grew more optimistic. Fox Film fell after a volatile session as minority shareholders seek receivership.
New York January 24 cotton markets opened steady with minor gains as trade buying and covering supported futures. Early trading saw March up to 17.30 then retreat to about 17.26 while nearby contracts edged higher into midday. Liverpool reports steady demand but warns of Indian import duties and cautious cloth buyers.
Chicago report says racketeer Iro Terranova known as artichoke king has turned himself in to police. He denied hiring a Chicago gunman to murder two rivals and allegedly aimed to reclaim the contract by staging a dinner robbery for Magistrate Vitale.
Phyllis Symmonds 19 daughter of Brig Gen and Mrs Charles J Symmonds of Fort Bliss married Second Lieutenant T Scott Riggs 22 in El Paso Texas just after her engagement to a higher ranking officer was announced. The Symmonds are prominent in Washington society.
Radio reports say the German steamer Monte Cervantes ran aground off Ushuaia after striking a rock. The ship sank last night with Commander Dreyer among those lost. 1160 passengers were safely landed yesterday.
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