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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Jun 25, 1930

Page

9

Bankers Talk Strong But Not Entering Market

The near faction aims to end last November’s resistance while bears see oversold conditions after a dull session. A short rally lifted many shares 1 to 7 points, but large selling remained limited and public liquidation appears complete. Col. Leonard P. Ayres predicts a significant rise by Labor Day, while steel trade reviews hint at a gradual recovery and continued volatility in industrials and rail shares.

New York Col Leonard P. Ayres Cleveland Trust Company Wall Street Col. Ayres Iron Age Priga F S. Steel

New Orleans Cotton Futures Open with Mixed Movements on Notice Day

Cotton prices fluctuated as first notices for July and other months moved in New Orleans and New York. July slid to 12.60 then rallied to 13.71 amid expectations notices would stop, while October and December eased. overall market closed with gains of 7 to 29 points.

New Orleans Liverpool New York Farm Loan Board

Wheat versus corn trends in midyear grain trading

Associated Press notes a split in market behavior with wheat edging higher amid storage and export concerns while corn trends show opposite momentum. Traders weigh harvest progress against demand, as futures quotes surface for wheat corn oats rye and related commodities with varied daily highs and lows.

Chicago Steves

New York Cotton Opens Bearish on July Notices and Weather

Cotton opened barely steady with a decline of 4 to 12 points as July notices circulated for about 117,200 bales including 18,400 bales to Savannah. July futures trended to 13.03 while October eased to 12.64 and then 12.67 before rallying, with weather bureau data seen as bearish yet mostly discounted.

New York Savannah Weather Bureau

Poultry Prices Reported For Chicago Market

Chicago buyers note varied day of trading with fowls at 29 cents per pound, Springs 30, broilers 20 23, roosters 14, turkeys 18, spring ducks 16 18 and spring geese 20 cents per pound.

Chicago

Depth limits for life below sea level

The text states that plant life can exist down to 600 feet below sea level while animal life can exist at depths of four miles.

Liverpool cotton market mixed amid dull spot trade

Cotton-spot dull with prices down across grades. American strict good middling 8.37 and good middling 8.92. totals show 2,000 bales sold, including 900 American. Receipts at 5,000 with 200 American. Futures closed steady.

Liverpool

Long's Newspaper Tax Bill Withdrawn

Baton Rouge Louisiana June 25. Representative Leuissier withdrew a bill to tax daily newspapers at 15 percent of their gross advertising income with house consent. The measure was brought forward after a unanimously unfavorable report by the ways and means committee and is now killed as the session deadline passed.

Baton Rouge Leuissier House Ways and Means Committee

Summer Students Hear Dr Brooks At State College

Raleigh June 25 Dr E C Brooks president of North Carolina State College spoke at the summer school assembly using the Wells quote civilization is a contest between education and catastrophe his theme The enrollment for the school surpassed 400 the largest since the current summer program began He argued education aims to promote life enriching development and personal growth noting better world conditions where education has fostered cooperation order and humanitarian progress.

Raleigh E. C. Brooks N. C. State College H. G. Wells Brooks State College

Capone Name Has No Terror For Chicago Policeman

Chicago cab driver Joseph Cavielli tried to intimidate a policeman after a traffic ticket. He claimed to be Tony Capone but the officer recognized him and ordered him to pay a $25 fine. Judge Padded finalized the penalty.

Capone Chicago Joseph Cavielli Tony Capone Padded Cavielli

Non-Partisan League Founder Seeks Office

A. C. Townley founder of the Non Partisan League in North Dakota seeks the Republican nomination for Congress in the third district. He faces incumbent J. H. Sinclair and Stanle Hendrickson with Hendrickson backed by the independent voters association. Townley and Hendrickson label themselves wets. Incumbents Sinclair Hall and Burtness seek renomination. no U S senator race.

Fargo N. D A. C. Townley Nonpartisan League North Dakota Congress Townley J. H. Sinclair Kenmare Stanle Hendrickson Coteau Independent Voters Association Hendrickson Sinclair Thomas Hall O. B. Burtness

Dawes and Morrow Confer With Hoover and Stimson

Washington reports on June 25 detail Charles G. Dawes and Dwight W. Morrow meeting with President Hoover and Secretary Stimson about the London naval treaty. Dawes plans to sail Friday for London arriving July 4, while Morrow intends to head toward Mexico and then return to New Jersey. Morrow urged Hoover to visit Mexico before October 1 and plans to resign to run for the New Jersey Senate in September.

Washington Charles G. Dawes Dwight W. Morrow Hoover Stimson Dawes London Mr. Morrow Mexico-ward New York New Jersey Mexico Senate

State College Not Affected By Ruling

Raleigh June 25 The ruling of Secretary Wilbur sustained by Attorney General Mitchell will not affect N S State College President Dr E C Brooks said Military training has been optional for several years at State College Freshman and sophomore students not taking training have other required courses with no compulsory program in place.

Raleigh Wilbur Mitchell Land Grant N. S. State College E. C. Brooks State College Brooks

Two Earthquakes Recorded Today

Two earthquakes were recorded today by the Georgetown University seismological observatory. The first started at 5:27 a m eastern. The second began at 7:07 a m and continued to 8 a m as instruments were changed. The second quake was estimated 1650 miles from Washington with undetermined direction.

Washington Georgetown University Seismological Observatory Frederick A. Sohon

650 Registered At B Y P U Convention

More than 650 have registered for the North Carolina B Y P U convention at Mars Hill College and attendance is expected to reach 1000 before tomorrow night. Dr J E Lambden of Nashville and Dr Charles E Maddry of Raleigh were the principal speakers today as the program continued.

Mars Hill North Carolina Mars Hill College J. E. Lambden Nashville, Tenn Charles E. Maddry Raleigh

Northwest Trip Ends for Local Visitors

Mr. and Mrs. O. A. Kirkman and Mr. and Mrs. J. P. Rawley returned yesterday afternoon from a trip through the northwest. They visited Minneapolis, Duluth, Minn, and Winnipeg, Canada.

O. A. Kirkman J. P. Rawley Northwest Minneapolis Duluth Minn Winnigee Canada

Senate proposal to sell Muscle Shoals power to towns

A resolution by Senator Black of Alabama to open the way for sale of Muscle Shoals power to municipalities was offered in the Senate but immediately blocked by Senator Gillett, Republican, of Vermont.

Lieut Early Returns From Asheville After Convention Trip

Lieut T A Early head of the State Highway patrol in the fifth district came back from Asheville where he attended the A A A convention and the North Carolina Automotive Dealers association. He was joined by Lieut L R Fisher of Winston-Salem to help in motorcade duties. Early said a dust storm chased them back but they outran it and reached town before the rain began.

T. A. Early Asheville American Automobile Association North Carolina Automotive Dealers’ Association Automotive Dealers Early Lieutneant L. R. Fisher Winston-Salem Hickory Statesville

Mellon Opposes Ban on Reparations Bond Purchases

Secretary Mellon told the House Banking Committee that a resolution to bar federal reserve, national and state banks from buying German reparations bonds is against public policy. He argued federal reserve banks lack authority to purchase such securities and that the resolution is meaningless for them. National banks are limited to marketable securities under Comptroller of the Currency rules.

Washington Mellon House Committee On Banking and Currency Federal Reserve Germany

Foreclosure Sale of Crescent Lumber Property in High Point NC

Notice of sale under a 1927 deed of trust in Guilford County North Carolina. Trustee Carolina Mortgage Company will auction Crescent Lumber Company land at 10:00 AM on July 29 1930 at High Point Municipal Building to the highest cash bidder. Sale subject to 1930 taxes and described real estate includes parcel along Hamilton Street and railroad right of way.

Crescent Lumber Company Carolina Mortgage Company Office Register of Deeds Guilford County North Carolina High Point Guilford Hamilton Street Lake Street Randleman, Asheboro and Southern Railroad Shelton Crescent Lumber Co MacDowell Maude Office of the Register of Deeds Guiford County N. Y Carolina Cil

Also Mentioned on This Page

S. Hamilton Street the Broadhurst W. K. Dickens Willowbrook Street Woodrow Richardson C. ©. Gearland Chattanooga Wright's Clothing Co South Main Street Broadhurst Williamson Mills Rupert Pickens O. C. Morris Cummings Electro Chemical Co West Green St Wheeler and Woolsey H. A. Petty Bridges Street Ball Park Cross Street English Street Eveerett Street Hansell Street Hillcrest Silk Mill White Oak Street Atlantic Ins. & Realty CO W. M. Payne Ragan Street Wilshire Boulevard Henry D. Perry S. W. Horne College Street The Co. F. Mann Cable Street Wrenn Street Roland Park Avenue Thurston Street Thurston St Howell Street Woodrow Avenue Wheeler & Woolsey the Cuckoos J.C. Furr Wolverine Trimming Shop N. Wrench St Eugene Lyvette Easy West End Union Realty CO Commercial Bank Campbell W. Ansley Mgr Glover's Shoe Shop East Washington ST Ridgecrest Drive Atlantic Ins. & Realty Company W. C. Brown North A. E. Futrelle High Point Bicycle and North Wrenn Street B. A. Woodell Justice of the Peace Notary Askin Broadhurst Theatre H. L. Bunnell Derond J. L. Craven Hoover Street Walter R. Biegler Atlantic Insurance and Realty Co Greensboro N. C Clinard Electric Co Montheu Ave P. E. Wrenn Vail Street Campbell Street Pope Street J. N. McCrary West Green Street Chestnut Street C. M. Cecil Cuckoos Enterprise J. A. Warner Hart Drug Store Quality Shoe Milton Silver R. K. Stewart Redding Apartment Building Seborn Perry Coy Saunders Gurley Street J. T. Ryan Nancy Marie Rlso Mres. W. R. Carroll and Bears Agers By Claude A. Jagger Associated Press Financial Editor Ameerieen America Atlantic Eco Ae Baito & Ohio Nanene Barnsdall A Eae Eee Bendix Aviation Bethlehem Steelick Calumet Hecla Canadian Pacific Ecu Cannon Millis Coca Cola Come Cole Colorado Fuel Colorado Gas & Electric Wee Consolidated Cigar Ck Consolidated Gas Jae Ee Continental Can Ss Ees Continental Motors Davidson Chemical Aces Dupont Niwek Dee Electric Power and Likht Keene Foster Wheeler Pees Freeport Texas Sis Ea Gee Eéaas Ee General Cigar General Electric General Foods General Motors Eee Wes General Outdoor Gillette Va Goodyear Great Western Grigsby Grunow Houston Hudson Motors Hupp Motors Inter Comb Eng Bae Inter Harvester Liggett Myers Cas Liggett Myers B Louis & Nash _ ae Missouri Pacific Montgomery Ward Nash Oon National Biscuit A Sen National Dairy Prod Y Central Nynbh&h Wee Geeew Ae Packard Igee Seana Phillip Morris Ik Hk Enous Eis Bae Seba Southern Railway Studebaker Texas Corp Sss Union Carbide Sokae Union: Pacific United Aircraft Eden United Cigar Store United Fruit Cipaee BIO Ik Raseek S & Forncco Sk Mnas Ng Western Union WGN Westinghouse Electric Willys Overland Woolworth Springfield Road Butt’s West Green Carter’ Street E. Green Greenway Drive Emerywood J. L. White, Inc OOD Bank Amos Realty CO Wachovia Bank Central Barber Shop East Commerce Street Y. W. CA John P. Boughan Associated Press Market Editor Long By Cowan Chicksignal Gladys Sweet Beart DR. Brooks State College Head Non-Partisan League Morrow
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