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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 16 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jul 03, 1929

Page

9

Utility Shares Selloff Unsettles Market Amid Big Gains

Heavy selling in public utility stocks pushed several names down 2 to 6 points while the broader market steadied and then rose on strong Morgan stock demand. U S Steel touched a new high as other Morgan group issues climbed. several rail and utility stocks also posted notable gains despite early declines.

Stanley W. Prenosil Associated Press New York Morgan Iron Age U. S Union Carbide General Electric Johns Manville International Harvester Eastman Kodak Underwood Elliott Fisher Bendix Aviation Western Union Motor Products Safeway American Tobacco National Surety Fidelity-Phoenix Insurance National Cash Register Jersey Central Norfolk and Western Atlantic Coast Line Atchison New York Central American American Water Works North American Pacific Lighting Columbia Gas Detroit Edison Standard Gas and Electric National Power and Light American Power and Light

Liverpool cotton prices rise as sales reach 6000 bales

Liverpool spot cotton gains observed with good business. American sizes show higher values from strict good middling to good ordinary. Sales total 6,000 bales including 3,400 American. receipts 12,000. Futures closed quiet and steady with July to May contracts listed.

Liverpool Eng

Indiana Law Defines Reckless Driving At 25 MPH In Crowded Roads

A new Indiana statute declares driving at twenty five miles per hour reckless when streets are crowded. The law sets the threshold to penalize motorists who endanger pedestrians and other drivers in congested conditions.

Indiana

Lindbergh Pays for Crashed Plane After Mexico Flight

Colonel Charles Lindbergh paid Central Airlines of Wichita for the monoplane he crashed while landing after a flight with his fiancée Miss Anne Morrow in Mexico City. He flew to Mexico City from Kansas City in the borrowed plane after motor trouble. Mrs Lindbergh accompanies him on an inspection tour of the Trans Continental Air Transport route.

Wichita Kane Waynoka Okla Chas. A. Lindbergh Central Airlines of Anne Morrow Mexico City Kansas City

Asheboro National Guard unit to Camp Glenn for two-week encampment

The Asheboro National Guard unit of 27 men and two officers will depart Saturday July 6 for Camp Glenn for a two week encampment. Lieuts Clarence Lovett and Roy Cox lead the company, trained in recent weeks. The unit, organized May 24, 1928, has earned praise in the state guards. many members have overseas service in World War I.

Asheboro

Benbow Arcade Sold in Greensboro by High Point Firm

The Arcade Realty group, dominated by High Point businessmen, bought the Benbow Arcade on South Elm Street in Greensboro for 535000. The property will operate as before under Mrs. Mary T. Petty’s supervision.

Benbow Arcade Greensboro Sulu Syes The Arcade Realty Company High Point South Elm Street R. R. Ragan E. C. Hudson Carter Dalton W. F. Ross Mary T. Petty

Greensboro guests visit Asheboro friends and relatives

Mrs. John M. Hammer and John Milton Hammer of Greensboro spent the weekend with friends and relatives in Asheboro. Mrs. Hammer is attending summer school in Greensboro.

John M. Hammer John Milton Hammer Greensboro Asheboro

Western Railroad Strike Threatens Broad Action Across Carriers

Chicago July 3 The International Brotherhood of Locomotive Engineers contemplates a strike to force carriers to recognize an independent engineer grievance with six western railroads already voting. negotiations with Union Pacific Southern Pacific and Atchison Topeka and Santa Fe have paused with a possible vote looming. The dispute centers on sole representation for engineers versus the engineers firemen and enginemen brotherhoods. Chicago headquarters cites a 1927 termination clause in the 1913 joint working agreement.

Chicago Western International Brotherhood R. E. Errington The Brotherhood Missouri Pacific Terminal Railroad Association of St Atchison, Topeka Santa Fe Errington Brotherhood of Locomotive Engineers Engineers Fireman's Enginement’s Enginemen’s Brotherhood Engineers’ Brotherhood

Culver City Endurance Plane Flight Faced Fog

Culver City California July 3. L W Mendell and R B Reinhart took off from Culver City airport at 7 29 30 am yesterday in their biplane Angelo in an endurance attempt. They battled fog banks rolling in from the ocean and were forced to fly inland or climb to high altitudes to escape the mists as they pursued a 24 hour air stay.

Culver City Calif L. W. Mendell R. B. Reinhart Angelo

Active eruption drives refugees from Ambrym Island

In Sava Fiji on July 3 President Commissioner Joy of the New Hebrides Islands said Ambrym volcano has grown so active that between 390 and 4090 natives fled to Malekula, 30 miles away. Officials arranged relief for the refugees. The last major eruption occurred in 1914, nearly destroying half the island.

Sava Fiji Joy New Hebrides Islands Ambrym Malekula

Wheat Prices Jump on Heat and Drought Report

Chicago July 3. High Canadian heat and drought damage reports boosted wheat values. Prices rose about 25 cents a bushel since May 31, closing strong with gains in corn and oats and mixed moves in provisions. Domestic markets show wheat at the highest point of the present advance.

Chicago

New York cotton opens steady amid light offerings

The New York cotton market opened steady with a 3 to 12 point decline before recovering to near previous close. Traders covered and bought on a rally with October futures rising from 18.22 to 18.26 as July held firm after a dip to 17.78. Weather reports and the holiday slowed activity while hedge selling and London liquidation affected Liverpool.

New York London Liverpool

New Orleans Cotton Opens Easier On Liverpool Cables

The New Orleans cotton market opened slightly lower as Liverpool cables fell and warm weather improved crop prospects. Early trading saw October at 18.11 and December at 18.31, down 6 to 7 points from the previous close, with a late rally as bullish weather and crop reports offered support.

New Orleans Liverpool

Mrs Fogarty Demands Jury Trial in Breach Suit

Mrs Katherine King Fogarty of Fort Worth and New York City filed for a jury trial in Bridgeport Connecticut on a $500000 breach of promise suit against former heavyweight champion James J Tunney. Tunney denies promising to marry and accuses her of attempting to exploit their acquaintance while he has paid her over $35000 to waive claims. The case moves to the September term of the superior court.

Bridgeport Conn Katherine King Fogarty Fort Worth Tex New York City James J Gene) Tunney Fogarty Tunney Superior Court

Egg market report shows varied fresh and country grades

New York July 3 report lists egg receipts at 29 928 with fresh gathered extras around 33 31 and firsts near 32 32 percent. Grades like Henry Brown fancy to extra fancy and Pacific Coast white range from 39 to 42 percent for various quality levels.

New York Henry Brown Pacific Coast

Major Ramon Franco thanks British rescuers with aerial salute

Major Franco hailed the British carrier Eagle that rescued him and three companions from the Atlantic. Over Gibraltar he circled the Eagle and saluted as townspeople cheered. He flew a Spanish hydro-airplane borrowed from Alcazares air field after bringing uniforms and clothing to the rescued airmen.

Gibralfar Ramon Franco Carrie Eagle Gibraltar Major Franco Alcazares Air Fiel Cartagena Majo Franco Thezores

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Sumatra Torecco Ccs WOORE Chrysler Cieeene Swuntet & Core Eteeneess Cubs Cam Bae Cicvoadevee Davidson Chem C.eeee Eerie Vies Soeuegn Weltere OO i. Cs Greene Cananea Cp Houston GH Hudson Mts AVS Ocak Lorillard Pierrre Eure Montgomery Ward Nash Tees YNH & Htfrd Eeva Mopioien Cee Phoenix Hosiery Timken Roller Union Paper and ‘Bag Caer Union Cig Union Cig St GGG Bie Carolina Chem Uim Dupont de Nemours Ri Rower Cnccace Heynolds Swees Reynolds Tob Schulte Retail Stores BB Westinghouse Elec Willys Overland Weodimunsr Ficedhe Sanceds Eee Lindbergh Atlantic Coast John S. Divine Wrightsville Beach, North Caroline Wrightsville Beach W. E. Lint Hicam & Son Boulevard Stones National Guard Camp Glenn Morehead City Gilmer McAllister Gainesville McAllister Georgia William Underwood Durham Mr. Underwood W. A. Underwood Worth Street C. M. Hauser Margaret Hauser Hal M. Worth Gate City Tion Tom A. Sykes Edenton Boston Sons of Britain England Carolina New England Sykes Fathers of the Rotary Club Rotary Sheraton Hotel Harry Raymond Willers of Humbert J. Fugazy Police Frank Marlow Fugazy Whalen Marlow Flushing Queens Johnny Wilson Wilson Anthony Greico Coney Island Times Square Mary Mickey’’ Seidan al Seigal Edward I Boston Louie Western Railroad Fiji Islands Chicago Grain P.C Illinois Frango Wachovia North Carolina Asheville Winston-Salem Raleigh Salisbury
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