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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 02, 1930
Page
15
Cotton futures showed a modest rally after an earlier drop with March contracts rising from 11.42 to 11.54 before closing at 11.50. December dipped to 11.05 and May to 11.65, leaving the market net down 2 to 3 points amid liquidation and hedging.
JP weekend market recap notes a late rally extending declines from Tuesday with utilities steadying and several industrials like U S Steel GM and Radio edging higher. General Motors earnings update steadied the issue while high price stocks showed further downward pressure in late trading.
New York reports that radio tubes contain over 650 words worth of elements from an advanced dictionary. The list includes 14 rare earths and familiar metals such as silver mercury aluminum tin lead tungsten chlorine helium iron zinc copper nickel and platinum along with rare items like cesium strontium barium boron yttrium tantalum thorium and more.
New York Navy. The curb market traded listlessly with closing prices varying little from the prior day. Total transactions reached 262,300 shares as utilities showed mixed moves and Diamond Match hit new lows before recovering in the final hour. Industrials and specialties were largely neglected.
Cotton goods markets closed the week with active sales in gray and finished goods. Raw silk was easy and quiet. Rayon markets stayed steady with knit goods demand rising. Burlaps remained quiet. Overcoatings sold quite freely this week.
The wandering hotel of the Permian basin, with 49 rooms at first, has moved from Fort Stockton to Big Springs, then Pyote, and finally Hobbs. Now in Hobbs the structure has grown to 100 rooms after 300 miles of travel.
Washington reports M. F. Peters of the Bureau of Standards declares an “ignition harness” device might shield car and aircraft ignition systems from external radio interference. The method could theoretically allow an army to stop unshielded motors by broadcasting at matching frequencies, though practical power needs are immense and interest faded.
Domestic wheat prices moved up late on news from Argentina about rust affecting about a third of the crop, while earlier reports suggested rust danger was diminishing and weather could limit damage. Closing prices rose a fraction as other commodities fell and bonds traded narrowly.
The city magistrate of Mysore hears five daughters plead guilty to jewel theft from the Prasanna Krishaswami Temple. High Priest testifies his monthly salary is seven dollars and eighty five cents, saying he bears five daughters and supports their families as well as his own.
In Picoa near Ponta Delgada a seaside village fades from fame after five years of mermaid lore. Papa Bernardes of Hotel Bernardes once drew tourists with a sighting of a scaly tailed figure on Atlantic rocks. A police boat later seized Bernardes' daughter Terese and a hotel waitress, each wearing fish tail imitations crafted by Bernardes' wife Maria.
The Horological Institute of America states the balance wheel of a wristwatch vibrates 157 680 000 times in a year, reflecting precision in timekeeping.
A chaotic OCR snapshot shows many ticker symbols and percentages for firms like Anaconda Armour and Pennies, with figures such as 37 %, 46 %, and 21 %. The page includes names like DuPont, Goodyear, and Westinghouse, plus references to trading on exchanges and a final sales figure of 911,300.
Jacksonville naval stores market reports show turpentine with 364 percent sales, 148 receipts, 437 shipments, and stock at 28 834. Rosin totals include sales 580, receipts 1 316, shipments 1 150, stock 101 158. Price quotes list multiple grades from 4.10 to 7.68.
Local lore places George Washington at Temple Hill near New Windsor where he was allegedly offered the U.S. crown and refused. Efforts are under way to preserve the mansion site as a national shrine.
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