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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 19, 1930
Page
23
Hogs receipts 10 000 with direct 1 000. top 10 80 for 190 lb hogs. cattle receipts 5 000. calves 2 500. sheep receipts 20 000. market slow with varied prices on different weights. Sows and bulls show broader ranges. feeders and stockers listed. seasonally mixed demand across categories.
The state Y M. C. A. camp between Old Fort and Bat Cave in the western state will be improved for the summer season with $18,000 set aside. Officials say the camp, now in its third season, will have facilities for about 400 boys and operates on a cost basis.
Poultry dressed irregular chick ens frozen 22-34 cents per pound as New York market reports varied price quotes.
Happy Atherton of Indianapolis and Willie Davieson of Charleroi Pa drew. Ted Goodrich of Atlanta stopped Joe Dundee of Baltimore in two rounds.
Members of the Monarch club voted today to hold a special meeting Monday night where P F P Woodbridge national secretary of the Monarch clubs will address Monarchdom. Winston Salem and Greensboro clubs will be invited to attend. Guest Frank Hancock of Doverd spoke on Life As The Real Business Men. Hancock is a candidate for U S Congress in the fifth district. Other guests included A W Robertson of the Robertson bakery and Wallace McKinney of Charlotte.
In New York the stock market rose as money rates fell to five year lows. Industrial and high priced issues climbed with several gains, while tobacco and merchandising devaluations plus profit taking trimmed early advances. Strong gains for People's Gas and Sloss Sheffield stood out as U S Steel edged higher before retreating on profit taking.
Trading closes with wide swings as dye, tobacco and chemical shares show gains while utilities and industrials lag. Notable movers include Am Sugar, DuPont, General Electric, Westinghouse and Union Pacific along with tobacco and food producers showing varied performances.
Edward L. Doheny's counsel urged Justice Hitz to instruct the jury that Albert B. Fall could be guilty of taking a bribe yet Doheny remains innocent of giving one. The government asked the jury be told that if Doheny gave 1000000 to Fall to influence the Elk Hills naval reserve award, Doheny should be found guilty. The pleas came as final arguments were set to begin with the jury absent.
In Wilmington North Carolina Judge E H Crammer barred alleged jail admissions by George Davis a co defendant with Lancey Sterling in the murder case of John Brown. The two men are charged with killing a crippled store keeper on January 4. The ruling followed a protracted legal battle over admissibility of the statements.
Senator McKellar of Tennessee introduced a bill to strip foreign diplomats of immunity under American law while police investigate injuries in a Washington incident involving a diplomat driven car.
New York markets show May contracts rising to 15.64 with October at 15.31 as old crop demand appears, while Liverpool trade shows realizations and American straddle selling. Early activity drives prices up several points before selling pressure trims gains.
Cotton in New Orleans opened easier as Liverpool cables fell but turned higher with a firmer New York. May to 15.88, July 15.45, October 15.32. late session eased from highs with bearish census fears overnight. Prices closed near lows, with a net decline of 11 to 19 points.
Chicago grain notes show near zero temperatures in the central west lifting wheat briefly but failing to hold. Rye rose to 10 cents above recent lows while export purchases of North American wheat were estimated at 600,009 bushels.
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