Market Slump Across Stocks Bonds and Gold Flows Remain Heavy
The week saw a marked drop in stock speculation, with Friday volume under 1.5 million shares and many leading issues at new yearly lows. Bond prices fell as new offerings reached 62 million, while gold exports to Italy and France brought outflow near 600 million since last September. A cotton rally at week’s end followed dire weather reports.
MENTIONED IN THIS ARTICLE
Stanley W
New York
Italy
France
Paris
London
New York Stocks End Week With Mixed Reports And Broad Declines
Trading closes with 664 300 shares, Laclede Gas rising to 30 1 4 while Radio weakens to 170 1 4. Pierces Arrow gains on merger hopes, several issues reach year lows. Foreign exchange steady, cattle and sheep markets show mixed results with grass-fed prices dropping and grain-fed stock scarce. Week totals show weak volume and uneven momentum across sectors.
MENTIONED IN THIS ARTICLE
Laclede Gas
Pierce Arrow
Studebaker
Stock Market Slumps In New York On Heavy Losses
The New York stock market drifted lower amid selling sparked by a sharp drop in Banditary Corporation common stock on the curb market. Active issues fell 1 to 6 points with only partial recoveries, while a few specialties showed notable gains as trading stayed light and the ticker lagged behind a half holiday session.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Chicago hog market strong with gains on Tuesday
Chicago hog buyers posted gains as 7 000 head traded and prices rose 10 to 15 cents from Friday. Top 180 to 200 pound porkers brought 11.10, packing sows steady, shippers estimated at 1 000 head.
MENTIONED IN THIS ARTICLE
Idahos
Rangers
Chicago
Cotton Prices and Trading Figures Across Ports
New Orleans reports Middling 2193 with receipts 730 exports 6914 sales 448 and stock 23947. Galveston shows Middling 2155 with receipts 1167 sales 667 stock 182804. Mobile records Middling 2160 receipts 60 stock 6098. Savannah lists Middling 2183 with receipts 415 sales 69 stock 26.
MENTIONED IN THIS ARTICLE
Charleston
Wilmington
Norfolk
Baltimore
New York
Boston
Houston
Memphis
Augusta
St. Louis
Fort Worth
Little Rock
Atlanta
Dallas
Montgomery
New Orleans
Galveston
Mobile
Savannah
Wheat and corn rally buoy prices after rain in harvest area
Chicago reporting on June 23 notes unwelcome rains in the harvest region lifting wheat prices after early declines. Corn futures jump, especially July delivery, aiding a finish rally in wheat. other grains and fats show modest moves across July to December contracts.
MENTIONED IN THIS ARTICLE
Chicago
Naval Stores Trading Figures From Jacksonville Market
Turpentine firm reports sales none with receipts 928 and shipments 208 leaving stock 24 789. Resin firm shows sales 1 554 receipts 2 865 shipments 1 625 and stock 66 237. Prices listed for grades B D E E 1825 E 8 30 M 8 35 N 8 50 WG 9 40 WW X 10 00.
MENTIONED IN THIS ARTICLE
Naval Stores
Jacksonville
Fla
London Money and Rates Report
Bar silver at 27 8 8 per ounce. Money rates show 3 8 8 percent discount for short bills 3 13 16. Three months 3 7 8 15 16 per cent.
MENTIONED IN THIS ARTICLE
London
Stock Market Averages and Trading Summary
AP stock figures show 20 industrials and 20 rail averages for Saturday with totals of 664,300 shares traded. Prices listed include 185.69 and 142.17 with week prior at 190.13 and 143.61, noting fluctuations amid 1928 era market conditions.
MENTIONED IN THIS ARTICLE
Associated Press
Pyigay
Ciciensicne Det
Light Trading in Bond Market Amid Merger Rumors
Irregular gains and losses mark a thin Saturday session as second quality rails utilities and industrials firmed while first grade rails weakened. Pierce Arrow 8s hit a yearly high before retreating. merger talks with Studebaker buoyed industrials. Several bonds, including Anaconda Copper 6s and Crown Cork 6s, rose. North American Cement 6 1/2s fell on Penn-Dixie split. Government issues closed modestly lower.
MENTIONED IN THIS ARTICLE
New York
Pierce Arrow
Studebaker
Anaconda Copper
Sinclair Consolidated Oil
Crown Cork and Seal
Armour and Company
Bethlehem Steel
North American Cement
Penn-Dixie
Wheat Market closes with mixed futures in KC report
Kansas City wheat prices firmed and futures mixed on June 23 with July at 1 31 1-8 and September 2 3-8 while December reached 1 37 1-4. Corn futures followed a parallel pattern with July 95 1-4, September 93 3-8 and December 80 5-8.
MENTIONED IN THIS ARTICLE
Kansas City
Market Report Sees Mixed U S Cargoes and Slow Trading
Chicago dispatch reports receipts at 73 cars on track 183 and total U S shipments 1200 cars. New stock trading slow with a weak market. Alabama Louisiana Oklahoma Texas sacked bliss and North Carolina Irish cobblers noted with price ranges 1 40 to 1 55 and 2 30 to 2 40. Old stock largely inactive.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Alabama
Louisiana
Oklahoma
Texas
North Carolina
Bond Market Averages From Assc Report
Bond market averages show rails utilities and industrials with gains across the week. The table lists first grade rails around 95.5 and industrials near 100.6 with a combined average near 97.7 for Friday and Saturday. Total bond sales reach 4.512 million par value.
Cotton Seed Oil futures rise on cotton strength and bad weather
New Orleans June 23 futures opened irregular then advanced with cotton strength and belt weather. Prime summer oil finished at 9.60 up ten points, prime crude ed strong, June 9.70 July 9.75, later months mixed. September 9.97 October 9.99 December 10.08.
MENTIONED IN THIS ARTICLE
New Orleans
Turpentine and Resin Prices and Stocks Report
Savannah naval stores report lists Turpentine run 92 1-4 with sales 296 receipts 952 shipments none stock 1907. Resin firm sales 2006 receipts 1750 shipments none stock 96663. Quoted prices B 800 D 810 E 815 F 830 H 830 I 830 K 830 B 840 N 855 WW 1005 X 1003.
MENTIONED IN THIS ARTICLE
Naval Stores
Savannah
Cotton Advances on New York Market
New York reports cotton prices rising by 2.50 dollars per bale on June 23 as market activity shows gains across the board. The increase reflects stronger demand and tighter supply outlook for midyear shipments.
MENTIONED IN THIS ARTICLE
New York
Cotton futures surge on rain fears and showers forecast
On the New York cotton exchange October contracts rose in a broad buy movement, closing yesterday at 21.46 and moving to 21.96. Final quotations were near the day’s high as urgent demand followed reports of heavy rains in central and eastern belts and forecast showers for Sunday.
MENTIONED IN THIS ARTICLE
New York Cotton Exchange
Plans for organizational officers announced across churches
The article lists candidates and roles for several church and missionary positions, naming presidents, secretaries, treasurers, and superintendents from multiple towns and institutions including Greensboro, Wadesboro, Falkland, Greenville, Mooresville, Mebane, Guilford College, High Point College, and others. It identifies Mrs Bess Monroe as president, Miss Gladys Routh as secretary, Miss Hattie Mae Covington as treasurer, and names several superintendents and recruits in a detailed roll.
MENTIONED IN THIS ARTICLE
Bess Monroe
Maxton
Gladys Routh
Greensboro
Hattie Mae Covington
Wadesboro
Lucy Cherry Crisp
Falkland
Novella Exam
Greenville
Hester L. Steele
Mooresville
Annie Wilson Mebane
Chandos Kimrey
Guilford College
Tenth Legion
J. Elwood Carroll
High Point College
Col Milton's Texas journey to Matamoros and gulf coast towns
Col Milton tours the gulf coast through Corpus Christi and Matamoros in Mexico, praising the Rio Grande Valley as fertile and irrigated. He travels with the C. G. Foster Investment party, describing climate, crops, and hospitality, then reports library statistics and a teaching note on interpreting newspapers.
MENTIONED IN THIS ARTICLE
Texas
Houston
Gulf Coast
Corpus Christi
Rio Grande Valley
Mexico
Matamoros
Tanalepas
Cortez
Col
Milton
C. G. Foster Investment Company
Mercedes
High Point
F. C
Gomo
E. B. Ullman
Luther Lowder
Albemarle
R. F. Cline
Concord
Col. Milton
Charles Volz
Mission
William Wade
Donna
B. M. Reichardt
Library Annual Acknowledges Volunteers and Subscriptions
The year’s volunteers Miss Dorothy Cummings Miss Frances Harrison Mrs Louis Voorhees The Girl Reserves Homer Bivens Dwight Barringer Banks Poston Frank McMullan Theodore Hoke Aubrey Poston and Merle Brown are listed for efficient help. Many individuals and organizations donated books magazines and subscriptions to the library with monthly reports noting acknowledgments. The High Point Enterprise promoted library matters and desk receipts show total 454.88 with reserve postcards 8.12 and losses for yearly subscriptions 2.00.
MENTIONED IN THIS ARTICLE
Dorothy Cummings
Frances Harrison
Louis Voorhees
Homer Bivens
Dwight Barringer
Banks Poston
Frank McMullan
Theodore Hoke
Aubrey Poston
Merle Brown
High Point Enterprise
Speakers rallied citywide for hospital bond election
Supporters plan to send speakers across the city over ten days to advocate the hospital bond issue. Undecided voters plan to wait for both sides before acting as the May ballot date shifts. Dr D A Stanton urged June 10, then July 3 after council changes amid rumors of a potential cancellation.
MENTIONED IN THIS ARTICLE
D. A. Stanton
Dr. Stanton
Business Men Taught How to Give Interview
Clyde R. Miller, a former newspaper man, teaches Cleveland business and professional men how to handle reporter questions. His class at Cleveland College, a Western Reserve University night school, aims to equip public figures with what the public wants to hear and how a reporter can uncover even more facts.
MENTIONED IN THIS ARTICLE
America
Cleveland, CO
Clyde R. Miller
Cleveland
Cleveland College
Western Reserve University
Miller
Court action over car theft and liquor dispute in High Point
Freeland accuses Saunders of stealing his car and owes him 580 dollars. The liquor car belongs to Sexton. Saunders claims the liquor is hidden and will be kept hidden until the 580 dollars is paid. Judge Brown binds Sexton and Saunders for December federal court. Sexton posts 500 dollar bond. Saunders posts 2000 but remains jailed. Freeland faces no charges at this time.
MENTIONED IN THIS ARTICLE
Freeland
Sexton
Saunders
George W. Freeland
High Point
William G. Brown
Farmers Elevator Coops Market Over Half Billion Bushels
The U S department of agriculture reports over 8 330 farmers elevator associations in the United States marketed more than half a billion bushels of grain in 1926 27 with a sales value around 450 million dollars.
MENTIONED IN THIS ARTICLE
United States
U. S. Department of Agriculture
Radio farm information spread spreads from U.S. to Europe
Europe adopts farm information through radio mirroring American practice. Czecho-Slovakia has used radio for two years and France plans similar use to reach farmers with agricultural guidance.
MENTIONED IN THIS ARTICLE
Europe
America
Czecho-Slovakia
France
Also Mentioned on This Page
Collins and Aikman
Colorado
Indiana Refining
Pittsburgh
West Virginia
Texas and Pacific
New York Central
Southern Railway
Western Maryland
Allied Chem
Can Ries
Eeree
Eee
Avecaks
Gee
Sumatra
Arch Top
Santa Fe
Ohio
Chic Rock I
Paconet
Chrysler Corp Ee
Coca Cola
Col Fuel
Consolidated Gas Re Ee
Dodge Bros A
Dupont de Nemo
Elec
Erie Railroad
Fleisch Ene
Freeport Tex Co Prev
Evnee
Ee Eee
Eieneeaet
Gen Motors
Ewes Ebauale
Greene Can Cop Eeeeveeeom
Hudson Motors
Eet Ee
Kennecott
Ee . Eee
Kresge
Nower
Mack Truckk
Nash Motors
Eeev
Norfolk and
Nor Amness
Nor Pac
Remington Rand
Reynolds Tob
St L
Seaboard Air Line
Sears Roebuck Ee
Sinclair den Oil
Sloss Sheffield Steel
Dairies
Studebaker Corp
Willys Overland Ve Wo A
Woolworth and Co Secunte
Chicago Livestock
Moonlight Sale
E. M. Brower
North Main Street
Just
Grain
St. Paul
Lehigh Valley
Erie
Eastern Illinois
International Great Northern
Chicago Northwestern
Atchison
Liberty
Juvenile Department
West High St
Thtian
Rachel
Ph. Natl
Rose Natl
I Ce Foundation
Onatl
Arte
Richel 2
Rspbry M
Black
Rachel 2
Rspby M
Pc. Natl
Ocree
Natural
Rspby
Brown
Pch. Natl
Leerer
Slack
Home of
Houbigant
Richard Hudnut
D Orsay
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