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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 30, 1929
Page
8
Cotton eased after a steady open as weekend liquidation and improved weather weighed on values in New Orleans. October fell to 18.44 while July and December slipped, with late buys lifting some futures. port receipts and stocks showed changes against the prior year.
Charles de Bever, a veteran parachute instructor, plans a solo jump from a New York aviation field while broadcasting his sensations and landing maneuvers by radio. He will wear a 25 pound broadcasting set and the stunt will be rebroadcast by N.C.
Winston-Salem to host a major boxing card headlined by Jack Joss of Salem and Sandy Seifert of Pittsburgh in a 10 round feature. The card, staged by the American Legion, aims for a crowd of about five thousand at the ball park with Hank Culp making his pro debut in an eight round semi final.
The Persian government plans to convert nomad tribes in Luristan into peasant farmers by allocating land parcels. Officials expect the move to channel nomad energies away from frequent rebellions over taxes and dress reform.
The Ministry of Labor Gazette notes strikes in Great Britain and Northern Ireland fell to 92 in the year, the smallest total since records began. The decline suggests labor groups are moving away from frequent work stoppages as employers and unions adjust.
Chicago White Sox owner William S. Comiskey is under examination as baseball concerns grow over management and team operations. Reports indicate inquiries into financial practices and organizational decisions affecting the club’s future.
The opening stock list shows Allied Chem and Dye, American Can, Chesapeake and Ohio, General Electric, General Motors, and Studebaker among notable movers. Prices display varied gains and losses with volume heavy and several rails, oil, and steel concerns trading amid a broad market.
The snippet lists various corporate and utility bonds with odd lot instruments and yields, including Am Tel Deb 5s, Beth Steel 54s, Anaconda Copper 6s, and Goodyear T 5s, with scattered price changes and percent figures such as 1023, 1045, and 98% to 100% across issues.
The bull run extended into a short session with many issues hitting new highs as 1,995,700 shares traded. Gains led by public utilities, rail, telephone, merchandising, chemical and copper stocks amid dividend payments and weekend profit taking. Credit: International Telephone up 7 percent, copper demand rising on export data, high readings across Consolidated Gas, Columbia Gas, North American and American Power & Light.
Chicago June 29 AP market notes fast rising prices in grain markets faced heavy profit taking with prices retreating at times. An official forecast of adverse crop conditions predicts North America will produce 225 million bushels less wheat than last year. Corn and rye hit season high prices as wheat closed 1.25 to 2.25 cents higher with volatility.
Fragmentary OCR note shows numeric shifts from 4e to 1e, 2e setback, and a rise to 15e. No identifiable people or organizations are readable. The text hints at changes in rates or provisions but lacks concrete entities or full context.
New York June 29 cotton goods markets closed firmer. Print cloth and shoe-mills will curtail output next week to about 5 percent of capacity, many mills remaining closed until July. Bur laps quiet. Silk goods for fall selling more freely. Carpets and rugs weekly business the best in seasons.
A smart idea suggests sewing a clothes pin bag from the same material as a simple sleeveless house frock. The bag adds zest to outdoor clothes drying and keeps pins handy.
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