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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 02, 1930

Page

15

Stocks Climb in Short Market Session Despite Weekend Hesitation

The Associated Press reports a brisk rise in the 90 leading stock index to 186, marking a yearly high as bears cover positions. Utilities and industrials led gains while some names hit 1930 peaks amid mixed commodity moves and weak foreign currencies.

New York Youngstown Chicago American Tobacco Allied Chemical North American American Power and Light Pacific Lighting A. S. Steel Burroughs Adding Cutler Hammer, Foundation Co McKeesport Tin Plate Olive Farm Equipment Remington Rand United Aircraft United Biscuit Gulf States Steel Laclede Gas Interborough Midland Steel Underwood Elliott Farm Board

Cotton Markets Faltered in New Orleans Trade

The New Orleans cotton market was quiet with prices down 18 to 21 points after an early modest gain. Weak wheat cues and liquidation pressured futures as Liverpool improved briefly, then prices eased to session lows though May and July remained near late declines. Wheat rally followed market close.

New Orleans Mar New York Liverpool

New York Stocks Report Large Mixed Closing Movements

Trading shows broad gains and losses across major industrials with Ford, General Electric, DuPont, and US Steel moving notably. Prices bracketed by oil, tobacco, and consumer goods firms as volume reached 1.62 million shares with uneven sector performance.

Cotton dips on New York market as liquidation renews

New York March cotton prices eased amid renewed liquidation linked to wheat declines. May contracts fell from 15.52 to 15.29, closing near 15.29 with losses of 20 to 28 points, while March dropped to 15.00 and October to 15.65 as old and new contracts traded modestly lower. Liverpool showed some buying but demand remained light amid week end selling and weak wheat signals.

New York Mar Liverpool

Textile markets steady with mixed signals at week end

New York reports quiet cotton goods and unchanged percale prices as delivery period ends. Raw silk prices weaken to new lows while silk fabrics sell moderately and fine wash fabrics move well. Burlaps firm, rayon production contraction noted.

New York Mar

Wheat contracts show recovery on brisk buying

Wheat futures rose for March and May as buying by farm board allies offset earlier losses. July and September contracts fell on expectations of a large crop. Liverpool price drops and weak export demand pressured values, while forecasts of a cold wave and Hessian fly infestations supported some buyers.

Chicago Mar Farm Board Liverpool North America Atlantic United States Corp

Wall Street Briefs on Dividends and Failures

Dividends declared by Standard Oil affiliates in the current quarter total about 65.7 million dollars, a record for the period, up from 63.16 million last year. February business failures reached 2,262, the most since 1922, with comparisons to years past. Steel mills in the Youngstown district expect a production cut next week, with Youngstown Sheet and Tube and Sharon Steel Hoop Co. reducing capacity from 75 to 70 percent and a smaller cut at Sharon Steel Hoop Co.

New York Mar Standard Oil R. G. Dunn and Co Steel Youngstown Youngstown Sheet and Tube Co Sharon Steel Hoop Co

Camera to Inspect Drilled Wells During Boring

A camera is developed to be lowered into wells as they are bored. It studies the well courses to detect errors in drilling.

Bond Market Slips in Dull Trading Session

In a quiet bond session few issues led activity. American Telephone privilege bonds rose to 160 3 4 amid a 1 point gain on about 1 million par value. Parmelee Transportation and rail issues such as Rock Island refunding 4s and New Haven 4 1 2s showed firm tone while Interborough Rapid Transit bonds slid after a court ruling on a 5 cent fare. Turnover under 100 000 for Liberties and treasuries.

Joan L. Cooley Associated Press New York Mar Phillips Petroleum Sinclair Pipe Line Interborough Rapid Transit New York Traction Power and Light and Telephone Company Liberties Treasuries

Future trading in livestock begins on Chicago exchange

Chicago March 1 The Chicago live stock exchange opened the first organized future trading in livestock with hog carloads changing hands for later delivery at prices above current cash quotes. Trading started at 10 35 a m after speeches welcoming the new market. A crowded room and blackboards filled the scene as traders worked March April May June and September hog deliveries. The first carload of standard lightweights for September delivery was bought by Wilson and Company at 12 a hundred pounds.

Chicago Chicago Livestock Exchange Stock Exchange Chicago Board of Trade Wilson

Wilmington Seeks Lower Freight Rates For Hides

A state corporation commission hearing will be held in Raleigh on March 4 to consider lower shipping rates for hides and tanning extracts from Wilmington to western North Carolina tannery centers. Local officials say most imports move via Norfolk due to higher rates, despite Wilmington’s shorter distance to South America and the tanneries.

Wilmington Mar North Carolina Raleigh R. A. Pool Wilmington Traffic Association Norfolk South America

Whisky Buyer At Asheville Convicted

Asheville police court convicts John Fryer for buying liquor from Homer Shipman and W A Webb and sentences him to 60 days in jail. On Fryer’s testimony Shipman and Webb receive 60 day terms for carrying transporting and delivering liquor.

Asheville Mar John Fryer Homer Shipman W. A. Webb Fry Shipman Webb

New Notaries Commissioned in Raleigh Area

New notaries of public commissioned today include Eugene Benton Monroe W G Byrum Sunbury Miss Hettie L Council Elizabeth town J M Dorman Tabor Mrs Mildred Rankin Lassiter Raleigh Miss Annie R Marshall Weet field D B MecBridge Charlotte Miss Jessie CC McComb Charlotte D F Siler Greensboro D L Suiter Littleton Raymond Hy Ward Littleton and Miss Fam ine L Williamson Charlotte.

Raleigh Mar Eugene Benton Monroe W. G. Byrum Sunbury Hettie L. Council Elizabethtown J. M. Dorman Tabor Mildred Rankin Lassiter Annie R. Marshall Weetfield D. B. MecBridge Charlotte Jessie CC. McComb D. F. Siler Greensboro D. L. Suiter Littleton

Also Mentioned on This Page

Rawleigh W. T. Rawleigh Co Dept Richmond Moler Forsyth St Atlanta Periys Mfg. Co Florin States Art Co East Nacine Feet Knitting Company Dept. 32 Beloit Wise E. M. Dellinger America Cincinnati Edwards Business College West Commerce Street Moore Atlas Handkerchief Co Bridgeport, Conn Marcel R. R Compton Co N. Dearborn Mart Mfg. Co Walnut St Phila Oakland O. L. Wagstaff Thomasville N. C Ford B. F. Parsons Ine BIG Ohio Corporation Fyr-Fyter Co Fyr-Fyter Bldg Dayton OUR Men EASAN Magno Co Beacon Boston Mass N. Main St Roland Park Emerywood Grimes Redding Pine Street Monthen Enterprise Cecil Drug Co Roxie Cummings Cummings Electro Chemical CO Southside Washington Street Pickett & McDonald G. W. Clark H. E. Johnson Hamilton Street Ray Street Mile City Springfield Road Woodrow Avenue Thistle St N. Wrenn St Sheraton Hotel New Ball Park Pickett St West Point Twin Oaks Court Sunset Avenue Hillcrest Silk Mill Atlantic Ins. & Realty CO West Green Street East Russell Street Cross Street English Street J. N. McCréary Roland Park Avenue Greenway Drive Eor Taylor Street Russell Street Maries Valley Farms Westphalia Paicel Post Express Bermuda Lindsey Plant Co Lenox G. I. Jordan Delta Bldg Los Angeles Calif High Point Ss. D. Parker North Main Street J. C. Penney Abbie Weaver A. A. Weaver Admr Hilliard & Son Washington ST High Point Junk and Metal Co Ideal Shoe Shop Derond’s Call B. A. Woodell Justice of the Peace Notary Askin W. C. Brown North Wrenn Street Church Street Sheroff Hardware Co Smith Street Steele Street H. A. Chilton Freeman's Mill Harvey’s Shoe Shop W. Stead St Speis Monthen Avenue Ring Drug Co J. P. Rawley Montheu Avenue Phillips St English St Denny St J. L. White Realty CO Wachovia Bank Handsome South Hamilton H. Isler Alma Jacksonville W. L. Johnson Asheboro T. M. Jarrell Oxford Oxford Masonic Orphanage By Claude A. Jagger Associated Press Financial Writer NEW York Bonds Am Agr Chem Led Sveses Chile Dodge Bros Bite Goodyear T Midvale Nor Pac Pan Am Pet Am Tel & Tel SF West Md Sis Aes Beth Steel Chrysler Davidson Chem Dupont Elec Gen Motors Gillette Gt West Houston Oil Hudson Motors Hupp Motors Comb Eng Nickel Ole Liggett Liggett M B Tery Dave Shee Hh &Nwe Oui Cekee Lorillard Po Ces Coose Cereee Mo Pac Bn Ashee el Pow & Lite Monty Ward Wash Y Central Nynh &H Eee Norfolk Sou Ae Northern Pacific Penn R R .Ucereeee Eeee US Steel Vick Chem Easace Va-Caro Chem Ward Baking B Westinghouse Elect Western Union Willys Overland Sea Woolworth Florida Maureen Orcutt Palm Beach Country Club Miss Orcutt Virginia van Wie John P. Boughan Wall Street Briefs Notaries
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