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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 13, 1923
Page
8
Cotton futures in New Orleans opened steady with March at 30.65 May 30.40 July 29.85 October 25.95 and December 25.59. Liverpool quotes influenced an initial rise before a slight gain and a later pullback. Corn and oats firmed with wheat as receipts remained light while hogs boosted provisions.
An advertisement lists numerous buy rent and sell options in High Point and surrounding areas. Properties include 65 acre farm near Randleman, multiple 4 to 8 room houses on various streets, several lots, and farms within 11 miles of Thomasville and 3 miles from High Point. Contact Alexander Real Estate & Loan Co at 108 N Main St or phone 2889.
New York on March 13 reported a new three year high in the local raw market with Cuba selling at 534 cents cost and freight. About 209000 bags were sold to local refiners who hoped to cover part of their requirements as European competition returned to Cuba.
In New York on March 13 executives executed buying orders after yesterday's service halt, pushing openings higher. Cuban sugar hit a new high of 53.4 cents per pound as Stromberg Carburetor rose 1.14 and Associated Dry Goods matched yesterday's peak. Oil issues showed strength in some cases and weakness in others.
In Chicago on March 13 the wheat market showed no aggressive selling and eased into a firmer tone as prices edged higher in the early dealings with a modest advance reflected in the day’s first quotes.
The cotton market opened firm in New York on March 13 with gains of 21 to 29 points on old crop and 2 to 14 points on new crop months. Short covering and rain concerns supported early buying, with Liver pool connected houses among buyers. May futures rose to 34.11 cents before retreating to around 31.00, October hit 26.42, and early quotes showed March 80 cents, May 1.65, July 1.10, October 26.50, December 25.95.
Market report shows Vera sales of 150000 feet and various Gum species logs and crossbands. Listings include widths 1-20, 1-16, and 1-8 inches with lengths and prices from several mills, plus banding and stock prices and March sales totals.
State and federal free employment services in North Carolina will continue on their present basis with added funding for a central Raleigh bureau. Local offices in Asheville Greensboro Raleigh New Bern Charlotte and Wilmington will receive support from the federal government for equipment and supplies while the state covers salaries and local clerical costs.
Raleigh March 13 North Carolina's farm census system praised as better than any southern state and unsurpassed nationwide, based on county cooperation and the work of Frank Parker and agricultural officials from the state and federal departments. The item notes 1918 changes in several counties.
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