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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 22, 1930
Page
3
In New York and New Orleans reports for March 22, cotton opened steady with modest gains then fluctuated. May futures moved from 15.85 to 15.72 before hovering near 15.76. New Orleans saw early losses followed by a rally as May to October rose, then eased again, ending near net higher than the lows.
U S Dept of Agriculture notes receipts 400 cattle with fed steers and yearlings mostly 50c lower. fat cows and bulls down. vealers up 25-50c. Sheep receipts 3,000 with lambs 10.00 to 10.25 for 84-96 lb fat lambs. Hogs 7,000 receipts with prices mostly steady. top 10.80 for 200 lb hogs. ranges 9.50 to 10.80 across weights.
Mr and Mrs Earl W Schweiger joined a church social treasure hunt with seven cars. After reaching the next route by their home they paused to check a canary and were struck by another car at an intersection. Both died at the scene. The treasure box of candy lay nearby in a gilt chest.
Turpentine firm shows 51 sales 108 receipts 130 shipments and 5848 stock while Rosin firm registers 3806 sales 341 receipts 350 shipments and 76918 stock. Prices listed range from 1.75 to 17.60 with various grades noted.
Liverpool spot cotton shows higher values with American grades leading gains. Prices range from strict good middling 9.65 to good ordinary 6.85, with 3,000 bales sold including 1,300 American. Futures close barely steady across March through January contracts.
Cotton futures opened steady with March at 15.66 and May 15.85 while July and October held 15.85 and 15.66. New contracts ranged 15.47 to 15.63 with close readings showing scattered gains across months and spot middling around 15.95.
New Orleans cotton futures opened steady with January 15.60 bid and March 15.26 bid. May 15.46, July 15.57, October 15.42, and December 15.58. Early prices showed mixed intraday highs and lows across contracts.
Poultry live and dressed prices held steady in New York trading on March 22 with no change from the previous session. Describe market tone as stable for both live birds and processed meat.
A Harvard graduate student Aage Hrodtkorb Kloum man aged 22 from Oslo Norway was shot in his rooms near Harvard University and rushed to a Boston hospital with a bullet wound near the heart. Police questioned several fellow students and girls who were in the room with him after a gathering at the Hasty Pudding club.
Senator Blease of South Carolina introduced a resolution demanding a State Department report on American delegation expenses for the London naval conference. He seeks names addresses occupations and duties of delegates and per diem costs, aiming to show waste and limited progress.
Stocks swung in a brief session with oils and specialties reaching new highs then retreating under heavy profit taking and short selling. United Aircraft hit a fresh high after a favorable 1929 report while many issues fell back from early gains as traders priced in expected business weakness.
Butter steady with receipts 5,459. Creamery butter higher than extra grade 38 8-4 to 39 1-2, extra 92 score 38 1-4 to 88 1-2, first 68 to 91 score 35 1-2 to 38. Eggs firm with receipts 23,692. Mixed colors fresh gathered mediums 24 1-2 to 25. Cheese steady with receipts 99,107.
The federal court considered if Harry Diamond's 1924 execution at Indiana's Michigan City Penitentiary was an accident for insurance purposes. Diamond's family seeks $12,648 from a policy claiming he was strapped to a chair and shocked by electricity, an act alleged by attorney Walter Bachrach.
Clinchfield Manufacturing in Marion adopts the stretch out system, expanding from 24 to 26 looms to 60 per skilled weaver with unskilled helpers. The move, part of an efficiency push, includes wage increases of about 1.50 to 2.00 dollars weekly after workers adjust. The Marion Manufacturing mill reportedly does not adopt the plan.
Newberry Louisiana AP reports pledges totaling 214,480 have been received in a campaign to raise half a million dollars to boost the college endowment.
Florine Stone aged six has meningitis in Greensboro. This marks the third reported case in the city with one of the earlier cases resulting in a death.
Mrs. Ollie Hampton, 22, was seriously wounded by a pistol shot in Beenville. Police believe the injury occurred when her cousin Homer Lanning of Asheville was cleaning the gun.
South Carolina Governor John G. Richards proposes a public slogan to boost farming saying there should be at least one milk cow on every farm. He frames the idea as a practical agricultural push amid statewide concerns.
Evanston new policeman Henry Woodruff, famed pickpocket expert, writes a report claiming no pickpockets after a dull day. Sergeant Kennedy questions his gun and Woodruff alters the report to reveal one pistol was taken.
Oldsboro March 22 AP Fstelle Rivenbark Mount Olive held for Wayne county grand jury on charge of criminally neglecting four week old child. Free on $500 bond today. Por Mar 22 AP Ways and Means committee approves bill to create separate Narc Selina bureau in treasury replacing prohibition enforcement sub bureau.
The Wayne county community players defeated the Smithfield players last night to become eastern North Carolina champions in the Little Theater competition and earned a spot in the state finals at Chapel Hill.
Mrs Mollie Tise Ogburn wife of the late S A Ogburn a Winston Salem tobacco pioneer died at her home after a lingering illness. She was 82. Funeral at 4 p m Sunday at the home 833 North Liberty Street. She was mother of Mrs C Clark of this city. Mr Ogburn organized the S A Ogburn Tobacco company in Winston Salem over 40 years ago later replaced by the Ogburn Hill Tobacco company.
Grand Secretary J. E. Masters of Chicago led a southern tour visiting High Point lodge No. 1155 of the Benevolent and Protective Order of Elks. The visit included a dinner at the Sheraton and an informal reception at the Elks club on West Broad street with speeches on the National Home, Endowment fund, and Elks magazine.
Washington March 22 Judge Thomas Day of New York was confirmed by the Senate as solicitor general succeeding Charles Evans Hughes. The confirmation places Day in the high office after Hughes steps down to return to private life.
Since 1866 the South African diamond fields have yielded diamonds of the total value of 1 375 000 000 dollars.
The Chrysler Building rises over Manhattan to 1,030 feet, beating Paris's Eiffel Tower and the Manhattan Company Building. At seventy-seven stories with top observation, it will house about 12,000 occupants and features express elevators reaching the full height. The site, once goats grazing on Lexington Avenue, marks a symbol of American industrial growth.
An article details the forthcoming Chrysler Building in Midtown New York. It notes staff needs of about 600, extensive traffic flow, 3750 windows to wash, and complex underfloor ducting for electrical and telecom layouts. The tower features Ghastone granite and Georgia marble, rustproof steel finials, and a three-tier pipe gallery system.
Chicago grain prices ease amid mixed factors. Winnipeg decline adds bearish tone while heavy Canadian snow and drought in the American southwest shape trading. wheat, corn, oats, rye, lard and bellies list varied moves with no clear margin, contracts showing modest retreats and gains.
Cottonseed oil markets opened steady in New Orleans with bids across several near and distant months. March 7.90, April 7.80, May 7.88, June 7.95, July 8.05, August 8.10, September 8.23, October 8.25 bid posted.
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