Stocks weaken as rediscount rate hike eyed by Fed
New York May 22. Acute market weakness followed a Federal Reserve Council hint of a 6 to 6 percent rediscount rate rise. Oil stocks led initial rally on Hoover Western governors oil conservation talk before turning weak. Rail and industrials fell 3 to 15 points. General Electric down 10 Baldwin Locomotive 10 Allied Chemical 9 Goodyear 74 United Aircraft and others declined 5 to 6. Case Threshing rose briefly then sank to year low. Auburn Auto surged to a year high. Eggs steady with firm receipts at 45 647 Charles.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
Associated Press
New York
Federal Reserve Council
Hoover
Iron Age
U. S
Wall Street
General Electric
Baldwin Locomotive
Allied Chemical
Goodyear Rubber
United Aircraft
Purroughs
American & Foreign Power
Packard Motors
Westinghouse Electric
Delaware & Hudson
Federal Mining and Smelting
Warner Bros. Pictures
Curtiss Aeronautical
Commercial Credit
International Telephone
Case Threshing
Auburn Auto
Columbia Gas
General Motors
Notice of Sale of Land in Guilford County
Public auction to sell property under deed of trust by B O Frazier and Rebecca Frazier to W C Idol on May 4 1925. Sale in High Point on June 24 1929 at 11 00 am includes two described tracts with plat references and subject to unpaid taxes and street assessments. 10 percent cash deposit required. Roberson Haworth Reese attorneys.
MENTIONED IN THIS ARTICLE
B. O. Frazier
Rebecca Frazier
W. C. Idol
Register of Deeds
Guilford County
North Carolina
High Point
Loflin-Kinley Sons
Vail Street
Jacob Williams
D. O. Frazier
Vail
W. Co. Idol
A. N. Greer
Mary C Greer
Snow’s Corner
Hedrick Street
City of
Russell Street
Snow
Idol
Cotton futures slip as weekly crop outlook disappoints
New Orleans reports show July at 18.65 and December around 18.57 after a steady opening. Prices fell 18 to 24 points from early highs as selling spread through later sessions. Exports for the day total 1,133 bales. A Berlin note adds police stations will soon broadcast photos of suspects via radio in major cities.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
P.c
Radio Policeman
Berlin
Germany
Bigtime rookie Dale Alexander tops Detroit at first base
Detroit rookie Dale Alexander stands six feet three inches tall and weighs 215 pounds making him the biggest first baseman in the major leagues. The Tigers count on his power and size as he joins the lineup.
MENTIONED IN THIS ARTICLE
Dale Alexander
Detroit
Poppy Day Saturday Urges Auxiliary Help Needed
Poppy Day will be Saturday and High Pointers are urged to buy a Poppy. Those in charge said additional help was needed and called for all American Legion Auxiliary members to meet at Hart's Drug Store or King's Drug Store Saturday morning to assist in the sale.
MENTIONED IN THIS ARTICLE
American Legion Auxiliary
Hart's Drug Store
King's Drug Store
Chicago Livestock Prices Steady With Mixed Gains and Lows
Chicago markets showed hogs at 17 000 head with direct trade around 11.19 top for light loads and most 10.50 to 11.10 for several weight ranges. Cattle and calves saw active trade with gains up to 25 cents, slaughter steers 13.25 to 15.00, fed yearlings 13.40 to 15.00, cows 9.75 to 12.00, and stocker feeders 12.25 to 13.25. Sheep opened steady to a touch lower, with good lambs 15.75 to 16.75 and ewes 6.75 to 7.50.
MENTIONED IN THIS ARTICLE
Chicago
Ireland backs secret patent tied to rail battery
The Irish Free State backs a secret patent with a $25,000 vote to acquire rights but refuses to disclose details. The device reportedly concerns a new electric storage battery enabling electrification of long distance railway lines. Inventor is Ulsterman James J. Drumm with years of research at Dublin National University.
MENTIONED IN THIS ARTICLE
Ireland
Irish Free State
James J. Drumm
National University At
Dublin
Cinderella Dress Sparkles With Gold For Court Show
London reports a renowned modiste created a court dress sprayed with over 390 dollars worth of gold to shine like mail. The piece aims to fulfill even the hardest-to-please woman with its lavish display.
MENTIONED IN THIS ARTICLE
London
Emanuel vows to fight only heavy weights above 180 pounds
Armand Emanuel declares he will no longer face lighter opponents. From now on he plans to challenge only boxers weighing more than 180 pounds.
MENTIONED IN THIS ARTICLE
Armand Emanuel
Playmaker alum Shepherd Strudwick backs Broadway rise
Chapel Hill reports Shepherd Strudwick, a Carolina Playmakers alumnus trained in Koch's Little Theatre lab, moved to New York after graduation last June. On his twenty first birthday he saw Strange Interlude from standing room, met casting director Charles Coburn, earned a junior role and $15 weekly, then advanced through understudy work toward a leading part as transitions in The Yellow Jacket and other projects unfolded.
MENTIONED IN THIS ARTICLE
Chapel Hill
Carolina Playmakers
Broadway
Frederick H. Koch
Playmakers
Shepherd Strudwick
Koch
Little Theatre Laboratory
New York
Strudwick
Charles Coburn
The
Yellow Jacket
Mr. Coburn
Straudwick
Theatre Guild
Principal Urges Freshmen to Complete Work and Grow
L. R. Johnston, principal, addressed the freshman class in the auditorium urging them to finish the work begun this year. He likened life preparation to mountain climbing and warned that dropping out limits future opportunities. He noted fewer infractions, praised rising sophomores as leaders, and urged independent thinking and weighing facts to form own conclusions.
MENTIONED IN THIS ARTICLE
L. R. Johnston
Johnston
Ex-Convicts Run Store Aimed at Employing Habitual Criminals
London opens a cloth shop run to provide work for men with criminal records. The proprietor, who knows the workers' histories, aims to offer real chances to reform with growing wages. In New York sugar prices steady and a North Carolina property sale set for June 24 by W C Idol trustee.
MENTIONED IN THIS ARTICLE
London
Camp Hill
Newport
Isle of Wight
Liverpool Cotton Prices and Market Snapshot
Liverpool May 22. Cotton spot in fair demand with prices barely steady led by American grades. Values shown for strict good middling to strict low middling, with sales totaling 6,000 bales including 3,900 American. Receipts 14,000 with 1,100 American. Futures closed quiet with contracts for May to March listed.
MENTIONED IN THIS ARTICLE
Liverpool
Chicago Streetcar Lawsuit Brings Goldman Collision Claim
The Chicago City Railway Company sues Gus Goldman alleging he collided with a street car with enough force to require its retirement from service. The filing marks a long legal battle in the public utilities sector.
MENTIONED IN THIS ARTICLE
Chicago
Chicago City Railway Company
Gus Goldman
Goldman
Deepest U S Oil Well Hits 1100 Barrels Daily
In the Big Lake field Texas University 1 B Group One reports striking pay dirt at over 8500 feet. The well yields more than 1100 barrels of oil and 2 500 000 cubic feet of gas per day and is described as the deepest in the United States and among the world's deepest.
MENTIONED IN THIS ARTICLE
Houston
Tex
University
Big Lake
Texas
United States
Revolution Denied in Lima After Student Shouts
Reports of a Lima revolution are false. A few students shouted in the streets but public order remained intact.
MENTIONED IN THIS ARTICLE
Lima
Peru
Texas Family Hides Shortest Surname As Record Oddities
Austin Texas notes a family with the surname initial O living on state land. Records in the general land office show the unusual name and a separate listing for Paw Glass cock, whose owner signs with a symbol.
MENTIONED IN THIS ARTICLE
Austin
Tex
Texas
Mexico
Land Office
New York cotton futures edge lower on speculative selling
May futures drifted to 1970 as May shorts covered and weather expectations steadied the market. July slipped from 1888 to 1880 with declines across the board after initial demand cooled, Liverpool cables and favorable weather reports adding lighter pressure.
MENTIONED IN THIS ARTICLE
New York
May
Shorts
Liverpool
Bombay
Open High Law Close P.C
Also Mentioned on This Page
Baldwin
Beth
Cannon Mills
Ches
Ohio
Chrysler
Davidson Chem
Drugs Inc
Hudson Motors
Hupp Motors
Harveet
Mere Mar Pf
Nickel
T & T Ee
Ligegtt & M Beer
Lorillard (P
M K and T
Wwe
Mo Pac
Eee
Monty Ward
Ald Nash Mtrs Tee
Cenee Ee
NYN
H & H Geceessees
Norfk
Nor Pac
Packard
Pan Am
Penn
Philip Morris
O. Phillips Petrol Ee
Pullman
Reynolds
Schulte
Seaboard
Seaboard Pfd
Sears Roebuck
Simmons
Sinclair Con Oil
Enone
St Oil Calif Ee
St Oil N Jrs
St Oil N Y
Studebaker
Texas Corp
Roberson, Haworth & Reese, Attorneys
Chicago Livestock
John P. Boughan
Roberson, Haworth & Reese, Attorners
Louise Kearney
Louise
St. Petersburg
Fla
Gotton
A. L. Stevens
Firestone Tire Division
Steven
Freestone Supreme Cell
Wor
Firestone Supreme
Gate City Motor Company Distributors
Wrenn Street
Jack Burris
Mgr
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