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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jul 28, 1930
Page
9
Jo L. White Inc advertises in the Hood Bank Building offering office and residence contact details with phone numbers for inquiry. The notice emphasizes value for sale but provides no further details on item or terms.
New York July 28 Cotton opened steady with gains of 9 to 14 points on buying spurred by dry weather signals and firm Liverpool cables. October touched 12.98 and March 13.37 before backing to about 12.84 and 13.31. by mid-morning prices steadied with minor advances while demand remained light and the crop condition indicated 66.8 and an expected yield near 14,005,000 bales.
New Orleans July 28 opens firmer on better Liverpool cables with October near 12.98 and December 13.15, gains of about 21 points from Saturday. Early strength fades as weather forecast bears persuade profit takers, prices slide to 12.73 for October and 12.90 for December before a mid session rebound. Market ends the day 16 to 18 points lower on bulk selling and hedging.
Liverpool July 28 reports dull cotton spot trading with higher prices for several grades led by American strict good middling at 8.48 and good middling 8.13. Sales total 2,000 bales with 1,200 American. Receipts 4,000. futures closed May 7.22, July 7.22, October 6.89, December 6.92, January 6.95, March 1.03, May 7.10, July 7.16.
July 28 update notes butter at 4 268 firm creamery prices higher than extra 37 to 27 percent. extra 92 score 36 percent. first 88 41 score. Cheese total 159 339 with firmer stats. Whole milk flats show fresh fancy to fancy special 18 19, held 25 to 24.
Stock prices edged higher amid selling flurries as investors pressed to push beyond resistance levels. Utilities gained while steel and oils fluctuated with notable activity. forecasts reported mixed earnings with some firms promising above prior results despite overall declines.
Chicago grain markets edged lower as the United States wheat visible supply jumped by 14 503 000 bushels for the week. Traders booked profits on recent buys. Wheat closed unsteady down 15 to 2 cents. corn down 11 25 to 25 8 cents. oats off 4 to 2. provisions mixed to higher.
Poultry prices listed for New York on July 28 show dressed irregular chicks 29 to 36 cents, dressed fowls 18 to 29 cents, old roosters 14 to 19 cents, turkeys 20 to 28 cents for fresh and $2.44 for frozen per pound, ducks 17 to 18 cents.
Stockholders of the American Tobacco Company approved a two for one splitup of the common shares and a plan to sell common stock to employees and officers. George W. Hill, president, predicted 1930 earnings would far exceed pre-dissolution levels. The meeting also approved an increase in voting rights for preferred stock to four votes per share to preserve its relative power.
Reidsville police wired Asheville officials that Morgan P Moorer, a UNC freshman who vanished from Chapel Hill last March, is believed to be in custody there after a nationwide search and several false reports of his location.
Five people admit involvement in a Riverside Drive holdup scheme described as a variation of the badger game. The group includes James Johnson 19 Hugh Thompson 22 his wife Betty 19 James Monahan 24 and Marion Hearon 20.
Washington officials say a thorough probe will precede any action on embargo requests against Soviet goods including lumber and manganese. Labor groups consider broad measures but AFL opposed by council until late next month. Current actions cover pulpwood embargo and a 5 percent tariff rise on matches tied to anti-dumping findings.
Patrolman Everett Wuckila, 30, was shot and seriously wounded in an alley gun fight with a robber identified as Martin de Koven after a Beaubien Street holdup. The robber was killed. Wuckila was taken to Henry Ford hospital. The alert came via police radio two minutes after the hold up.
Washington reports hope for a break in the nine day eastern heat wave as the weather bureau predicts a cooler spell with showers by tomorrow night. Local thunder showers were forecast for several states this evening, while the University of Maryland notes 91 hens died in an egg laying contest and egg production fell due to the heat.
Governor Moody, once attorney general, exposed alleged highway department irregularities and won renomination by a large majority. Sterling, Houston publisher of Humble Oil interests, pledges business administration and supports a big highway bond issue, with Moody and Senator Love backing Sterling. Morris Sheppard leads in the Senate race, facing Robert L. Henry with comfortable margins.
RALEIGH July 28 Hearings will begin August 5 for power companies unhappy with tax valuations set by the state board. Catawba Valley Light and Power has requested a hearing, with several others expected to follow.
Orange county South Carolina July 28 eyeing resumed inquest over the murder of State Senator FE Jd Dennis at Moncks Corner. Solicitor A J Hydrick says the case likely waits on W L Thornley sanity determination. If sane, five degree murder could be charged. Next Berkeley county court term set for November.
Grave disorders were reported in Parahyba state after the assassination of Joao Pessoa a liberal candidate for Brazil’s vice presidency. Dispatches say one man was killed and several houses burned as Jose Pereira, a state deputy, leads armed resistance near Princesa amid post election tensions.
Governor Gardner announced he will commute the death sentences of Percy Haizlip and Robert Harris, Winston-Salem negros, to prison terms. They were convicted in Forsyth county for attacking Catherine Connell. An appeal had been abandoned. the governor sent counsel to investigate and consider the commutation after a letter citing the case’s lesser seriousness.
President Hoover arrived at the White House early today after a weekend at his Virginia mountain lodge. He traveled with Mrs. Hoover, secretary Lawrence Richey, and White House physician Captain Joel T Boone. He recuperated from strain and heat while at the camp and discussed District of Columbia affairs and plans for a possible summer western trip.
A dozen pilots, survivors of the All-American air derby, rest in Los Angeles after completing about 4000 miles of the tour begun in Detroit. The event resumes Wednesday with stops at Ogden Omaha Chicago and Detroit and about 50000 dollars in prize money. Lieut. Lee Gehrbach leads by over two hours over J R Wedell New Orleans, with Quinby scratched after a Douglas, Arizona landing. Gehrbach posted 4 16 47 on the Douglas to Los Angeles leg, while Wedell follows 11 minutes behind. Herman Hamer and Lowell Bayless trail as the field pushes toward the next stage.
The Sunday Lesson-Sermon on July 27 centers on Truth with the Golden Text Psalm 108:3 4 praising God among the people and nations. It cites 2 Timothy 2:15 and Mary Baker Eddy's Science and Health noting thinking minds and a right apprehension of God as Life eternal.
German aviators Wolfram Hirth and Oscar Weller, en route from Germany to Chicago, spent July 28 seeking a longer takeoff run. They checked a Kirkwall public park but found it too short for a full fuel load and prepared their engine at Swanbister Bay, a former World War I air base.
The Atlantic Coast Line's bid to acquire the Charleston and Western Carolina rail road was favorably reported to the Interstate Commerce Commission. Examiner W. T. Wilkinson recommended approval of the $1,800,000 purchase with a condition to maintain traffic routes jointly operated with other carriers. The commission will weigh further representations before final decision.
Miss Bra Proctor 28 of Davidson was killed in an automobile collision near Fort Barnwell. C. V. York of Raleigh and Troy C. Homesly of Maysville were injured, York in serious condition at a Winston hospital. York drove the car that hit Homesly’s. Proctor’s body was found beneath Homesly’s car.
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