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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 25, 1935
Page
5
New York July cotton futures rose on covering of July and selling in later months amid Liverpool cable doubts. July at 11.87, Oct 11.48, Dec 21.37, Jan 11.89, March 11.36, May 11.39. July briefly climbed to 11.93 before offers increased. Six delivery notices were reported in the local market as Oct slipped to 11.44 after first-hour trading.
In New Orleans market at dawn on July 25 futures showed slight drops as the cotton trade began. The report notes treacherous waves in shallow water affecting movement, with analysts warning that even seasoned seamen cannot predict the next crest.
July butter opens at 11.63 with 11.41 for October and 11.33 for December, March at 11.35 as quiet trading continues. Creamery specials 93 score 24–25 percent, extras 92 24 percent, firsts 88–89 22–21 percent, seconds 86–87 21–21 percent. eggs at 10,993 with prices unchanged.
U S Dept of Agriculture notes hogs 13 000 head slow market 10 20 cents lower. best bids 10 75. Calves 3 000. light yearlings and stock calves steady to firm with values 8.00 down to 6.75. Cows steady to 15 higher. bulls steady. Heavy hogs and packing sows priced around 9.00 to 9.25. lighter weight pigs 8.50 to 9.50. Overall activity centered on light yearlings and stock calves. supply otherwise easing.
New York July 25 The stock market edged cautiously through realizing and selective buying with few weak spots. Some traders cashed in gains while others pushed stocks into new highs for the year, supporting an optimistic view of recovery. Grains held steady and cotton dipped as demand for utility and industrial bonds improved amid mixed foreign exchanges.
A warrants charges city detective H. E. Wade with reckless driving after an auto crash Tuesday night with Tom Wilkins of Charlotte. The incident at North Main and English streets left the police cruiser badly damaged and Wade allegedly drove over 40 miles per hour. The cross action accuses Wade of reckless driving. Wade’s bond was discussed by the complainant’s counsel.
Clara May Denny, year old daughter of C. B. and Frances Coe Denny, died at the parents home in High Point route one this morning at 12 55 o clock after a week of illness. Surviving are the parents a twin brother Cladie Gray Denny and maternal grandparents Mr and Mrs Frank Coe of Wallburg. The funeral will be held this afternoon at 4 o clock at the Primitive Baptist church Mechanicsville with interment in the Primitive Baptist cemetery.
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