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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Nov 05, 1929

Page

3

Market closed for election as stocks fall after short session

New York stocks were closed today for the election after a brief session that saw a 2 to 17 point decline on 6,292,930 shares. Trading paused as officials ordered curtailed hours and a full suspension of Saturday. A receivership petition cited the Bankers' Capital Corporation amid last week’s price collapse.

New York Board of Governors The Stock Exchange Curb Exchange Bankers’ Capital Corporation Wall Street

Chicago Livestock Prices Report for Hogs Cattle and Sheep

Chicago livestock market report dated November 5 shows hog receipts at 53 000 with direct sales up to 9.50 for 200 pound pigs and bulk 9.25 to 9.40 for 190 to 300 pound hogs. Cattle receipts at 11 000 with steers 1300 to 1500 pounds at 12.50 to 15.50 and vealers 12.00 to 15.00. Sheep receipts 11 000 with lambs 12.50 to 13.25 for 92 pound goods and ewes 4.25 to 5.75 for 1650 pounds down.

Chicago Livestock Chicago

Liverpool cotton market easing with firm demand

Cotton spot in fair demand though prices fall across grades with American lines leading. Sales reach 8,000 bales including 3,200 American while receipts total 38,000 with 14,000 American. Futures closed barely steady with Dec at 9.37 and later months around 9.5.

Liverpool

Potatoes Market Steady as Receipts Hit Chicago Tracks

Chicago nov 5 potatoes receipts 126 cars on track totaled 577 cars for U S shipments trading slow market barely steady Wisconsin sacked round whites 2 30 to 2 50 Minnesota North and South Dakota sacked round whites 2 00 to 2 30 quality based early Ohio sacked 2 10 to 2 40 Idaho sacked russets 2 70 to 3 00 fancy shade higher.

Chicago U. S Wisconsin Minnesota North South Dakota Ohio Idaho

4 H Club Congress to Meet in Chicago This Fall

The National 4 H Club Congress will be held in Chicago from November 29 to December 6. The event gathers 4 H leaders, clubs, and members for seminars exhibitions and proceedings.

Chicago

City of High Point Notice on Damages and Benefits Report

Guilford County Superior Court notice to all parties that commissioners reports on damages and benefits have been filed and open for inspection in High Point. A hearing is set for November 5, 1929 at 7:30 p.m. in City Hall Court Room to address allegations and objections to the assessment roll by order of the City Council dated October 18, 1929. City Manager E. M. Knox signs the notice dated October 25, 1929.

North Carolina Guilford County City of High Point M. Pope Mary E. Pope E. M. Knox

Rail interests and tax league ties surface in Senate hearing

A Senate Lobby Committee transcript reveals contributors to the American Taxpayers League including Armour Chicago Pillsbury Kansas City Power and Light and Nash Motors. T A Arnold testifies about revenue sharing and agreements while noting railroads funded the tariff group. In New York the Pennroad Corporation gains Pittsburgh and West Virginia Railway control, reshaping eastern consolidation plans.

Washington American Taxpayers League Senate Taxpayers League T. A. Arnold Southern Tariff Association The Armour Company of Chicago Pillsbury Flour Mills Kansas City Power and Light Company Kansas City Stock Yards Company of Maine Los Angeles Brewing Company Puget Sound Power and Light Company Nash Motors Company United States Playing Card Company Chicago and Eastern Illinois Railroad Blaine Wisconsin Arnold Tax Association Tariff League Association Vance Meuse W. F. Myrick Ida Darden Myrick Meuse Tariff Association Darden South Carolina California Texas Florida Mouse New York New York Times Today Pinroad Corporation Pennsylvania Railroad Pittsburgh & West Virginia Railway Eastern Railroad Frank E Charles F. Taplin West Virginia Road Chesapeake & Ohio Baltimore & Ohio Pennsylvania Pittsburgh & West Virginia Interstate Commerce Commission New York Central Pennroad Corporation Wheeling Maryland Baltimore Norfolk

Raskob Denies Being Stock Plunger Amid Senate Row

In a Senate session on November 4 1930 John J Raskob chairman of the Democratic National Committee denied charges by Senator Brookhart that he was a stock market plunger He said he buys stocks outright and holds them for value He supplied a record of interviews and statements to counter the accusation The dining scene details and comments by Brookhart and others are reported with sharp debate over market conduct and law enforcement. Otto Kahn and broker Walter Fahy also refuse to comment on the Washington booze party matter.

Washington Robinson Indiana John J. Raskob Democratic National Committee Senate Harrison Mississippi New York Stock Exchange Raskob Lidge Republican N. J Huhn, Loeb and Company Morgan and Co The Iowan Edge Brookhart Wall Street Hoover Curtis Sisme Howard Washington Times Times New York Otto Kahn Smith Wildman Brookhart Iowa

Beal Free on 5000 Dollar Bond After Murder Conviction

Fred Erwin Beal former organizer of the National Textile Workers Union was released from Mecklenburg jail on $5000 bond. The bond was posted by attorney J Frank Flowers with funds from the American fund for public service. Beal received a 17 to 20 year sentence while three co defendants remain jailed under similar terms.

Charlotte Fred Erwin Beal National Textile Workers Union Mecklenburg Superior Court O. F. Aderholt Gastonia Beal J. Frank Flowers Clarence Miller George Carter Joseph Harrison Louis McLaughlin Wiliam McGinnis K. Y. Hendricks Law

Butter and eggs market report from Chicago

Butter firm with receipts of 10 683 tubs and creamery extras 4214. standards 41 percent, extra firsts 40 to 41, firsts 3744 to 89, seconds 36 to 86. Eggs firm with receipts of 3 036 cases and prices unchanged.

Chicago

Mills Produce Vast Wheat Output in Kansas

Kansas mills process seventy five million bushels of wheat annually, accounting for about one fifth of the United States total flour production.

Kansas

Quiet opening in New Orleans cotton market amid Liverpool declines

The New Orleans cotton market opened quiet and easier as Liverpool prices fell 2 to 3 points on hedge selling and liquidation. December eased to 17.46, January to 7.57 and March to 17.87 before sliding further into the morning as stop-loss orders appeared and pre bureau liquidation dominated trading. The market turned quieter at noon but remained unsettled with a nervous undertone.

New Orleans Liverpool Marcy

Irene Castle and Col Judah Hurt In Fox Hunt Mishaps

CHICAGO Nov 5 Col Noble Brandon Judah former ambassador to Cuba and Mrs Frederick McLaughlin the former Irene Castle were injured Sunday while riding to hounds in the Onwensia fox hunt Mrs McLaughlin suffered a broken rib her hunter tripped and rolled over her twice Col Judah was later thrown when his horse stumbled and he was found unconscious in the ground He will be confined to a hospital for several days but the injuries are said not to be serious Both have had prior falls Mrs McLaughlin was seriously hurt in 1926 and Col Judah broke a collar bone last year during the Onwensia hunting season The former ambassador owns a stable of famous racers and jumpers

Chicago Noble Brandon Judah Cuba Frederick McLaughlin Irene Castle McLaughlin Judah Col. Judah

Greensboro Man Seeks Buyer for Circus Assets

Greensboro business man Oscar W. Patterson, named receiver for Silvan-Drew Inc, searches for a circus buyer after assets about 7000 and liabilities around 10000. The outfit, held at Hertford, will be brought to Greensboro for winter quarters.

Greensboro Oscar W. Patterson Patterson Silvan-Drew, Inc Hertfort

Winston Tobacco Mart Sets Record on Leaf Market

Winston-Salem tobacco market set a new yearly record with 1,281,256 pounds sold. The figure exceeded the previous high by about 25,000 pounds, while the average price fell slightly to 18.58 dollars per hundred pounds. Total money paid reached 238,040.01 dollars.

Winston-Salem

American talkies set for Singapore exhibition

American talkies will be exhibited in the Straits Settlements. The coast city shows growing interest in new cinema as audiences await screenings from major Hollywood studios.

Singapore Straits Settlements

Wheat prices tumble as supplies pile up at Chicago market

Wheat prices slipped about 9c a bushel from last week’s peak as ample supplies weighed on trading. Late reports of improved European demand failed to lift rallies, with estimates of 1.5 million bushels shipped to Europe cited but no clear new business. Corn and oats also fell, while provisions showed a setback.

Chicago Atlantic North America Europe

Brookhart testifies on dinner guests and stock exchange praise

Senator Brookhart describes a Washington dinner with Fahy, Norris, La Follette allies, and Wall Street figures. He cites a rack of silver hip flasks, notes Smoot and Gooding refused, and recounts Otto Kahn praising the New York Stock Exchange after discussing railroad consolidation.

Moses N. H Fahy Brookhart Senate Norris LaFollette Senator Smoot Senator Gooding Otto Kahn Lafoilette Wall Thomas Kahn New York Stock Exchange

Unionist shooting case details emerge at trial

Witnesses describe a collision between a Chevrolet coach and a truck full of union members followed by gunfire. Gamble Ellis and George Singerfelt identified several alleged participants and described bullets, holes in glass, and a boy with a crutch implicated in the damage.

Horace West Roy Carver A. L. Bulwinkle McElroy Ellis Mr. Wiggins Chevrolet Gamble Ellis Yates Gamble Troy Jones Co. S. Lunsford Holbrook L. H. Thompson F. F. Haynie W. M. Borders L. M. Sossoman Fred Morrow Horace Wheeler George Singerfelt Lingerfelt Singerfelt E. L. Baumgerdner

Heir to Million Cop Won't Quit

Detective Herman Senff of Brooklyn New York stands to inherit a million dollars a Rhine castle a park and Holstein cows from a German heir. He will finish the Brooklyn hold up case before leaving to collect his inheritance and may remain on the force. The witness connected Yates to the Gastonia crowd and the Wiggins murder scene while examining the wrecked Essex finding Fred Morrows name in a box and a blackjack under the car.

Germany Herman Senff Brooklyn N. Y Rhine Senff Yates Gastonia Mrs. Wiggins Essex Fred Morrow

Shortage of Doctors in Anatolia Spurs Medical School Expansion

In Constantinople the government plans to double student intake at the state medical school as doctors remain scarce in Anatolia. The 25 000 inhabitants of Rizeh had only one physician available to tend to victims after quakes floods and fires that killed about 1000 people.

Constantinople Anatolia Rizeh

Flour Exports to China Hit Near Three Million Barrels

The article notes that nearly 3,000,000 barrels of American flour will be shipped to China this year, highlighting a significant trade flow and the scale of agricultural exports.

China

Sharp exchange over funds in senate lobby probe

Senator Blaine of Wisconsin clashed with J. A. Arnold general manager of the southern tariff association and the American taxpayers league as the senate lobby investigating committee opened new questions. Blaine alleged a sucker list and pockets for contributors while Arnold accused Blaine of ridiculing the work.

Southern Tariff Association Senate Washington Blaine Wisconsin J. A. Arnold American Taxpayers League Senate Lobby Investigating Committee Arnold Taxpayers League Insull Aluminum Company of America O. P M. J. van Sweringen Tax League The Tariff Association League Caraway Arkansas J. E. Bell San Benito Texas William S. Care Pennsylvania

Nevada Sheep Range Produces Fleece on Wide Scale

More than 1,400,000 sheep roam Nevada range with fleece output averaging about 8 pounds per head, indicating substantial wool production across the state.

Nevada

Heavy vote polled in Gotham New York election day

Early reports from all boroughs show a heavy turnout in New York City civic election day. Police quelled minor disputes on the lower east side over voting procedures and machine malfunctions drew complaints from residents. Mayor Walker seeks re election amid rival claims and poll projections.

New York Lower East Side Attorney General’s Office James J. Walker Tammany Walker Keyes Winter Fiorella H. LaGuardia Norman Thomas Richard E. Enright Square Deal LaGuardia Arnold Rothstein Rothstein Park Central Enright

Also Mentioned on This Page

Pennroad Corp League Etter Read Loomis Flowers Bond Col Judah Hurt Winston Tobacco Mart Chicago Market Lord FIERY Call Rosen Miller’s, Inc East Green Mattress Co East Green Street Fast Green Mattress Co High Point Enterprise Gotham Young Men’s Christian Association
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