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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 26, 1927
Page
7
Spot cotton in New Orleans closed quiet down 13 points with sales of 5 120. Middling 38.8 cents, good middling 39.0, receipts 27 668, stock 67 8465. U S government bonds in New York edged higher with Liberty 344s at 101.27 and Treasuries across issues quoted from 103.10 to 115.10.
Coffee market report from New York on November 26 notes a quiet trading mood with Rio numbers 7 and 137 8 and Santos numbers 4 213 8 appearing in the day’s listings.
Chicago grain markets opened steady with light trading as buyers and sellers were evenly matched. Wheat hovered near initial quotes, corn and oats stayed near openings with minor moves, and provisions were little changed through early trading.
Chicago potato market notes receipts 94 cars on track 368. Total U S shipments 28. Demand and movement slow, market dull with few sales. Wisconsin round whites 160 to 165, Minnesota North Dakota 135 to 140, Red River Ohios 130 to 140, Idaho Russets 160 to 175.
Liverpool cotton market shows a quiet spot session with prices easing. American grades from strict good middling to low middling range from 11.68 to 10.98 and sales reach 7,000 bales, futures closing steady around 10.61 to 10.62 for nearby months.
Foreign exchanges in New York show varied quotes on November 26. Currencies listed include Great Britain at 487 and 487 1-16 for cables, France at 393 1-4, Italy at 544 with cables 644, and multiple European and world currencies with precise centage figures.
The New Orleans cotton market opened steady with gains in early trades as Liverpool cables improved. December, January and March futures rose to 19.57, 19.75 and 19.90 before slipping on December notices, closing the half hour mixed and the day down 10 to 13 points.
Raw sugar held at 4.65 with 35,150 tons sold and Dec to Sept futures listed from 2.82 to 3.11. Near-term gains faded into liquidation as dealers covered, while Dutch-Javana stance on a sugar cartel disappointed holders and prompted cautious selling.
The New York cotton market opened steady with a slight gain before slipping as demand stayed limited. Near month liquidation appeared largely done, but selling from the South and New Orleans weighed on prices. January fell to 1942 and May to 1980 with overall one hour losses of 6 to 10 points. shipboard stocks were about 142,000 bales, down from 234,000 a year ago.
A brisk session saw stocks post additional strength with brokers loans hitting new highs and call money rate pressures muted by speculators. Strong shows from Copper, Rubber, Tobacco, Chemicals, Foods, and Hudson led broad gains. several major names including General Electric, Standard Oil, Coca Cola, IBM, and Union Carbide advanced, while renewals of earnings chatter and sector rotations framed the day.
Camden New Jersey officials said Charles Harris the 18 year old white girl's attacker would be tried soon after a signed confession was obtained. He was arrested near Atco after the Dunbarton station assault and identified by the victim.
The latest compendium of New York society reports 1,022 weddings this year among the four hundred plus set, up from 874 last year.
Raleigh reports record tobacco selling with Winston-Salem market setting a world record for four selling forces at 1,436,444 pounds and $364,969.61. Season totals rise across Henderson Aberdeen Rocky Mount and Wilson markets as sales near Thanksgiving reach over 68.8 million pounds for Wilson and 36.9 million pounds overall.
The alienists concluded Remus was sane at his wife’s murder on October 6 and remains sane during his murder trial begun November 14. The report cites Remus’s statements and witnesses linking George Conners to the plot, with Halbershorn and others involved in travel to a rail station.
Judge Shook cited the sanity assessment of George Remus in the October 6 1927 killing case. The examiners concluded Remus appeared sane then but warned ruling could change pending further testimony. The report dated November 25 1927 lists I Wolfstein M D and Charles E Kelly M D with Judge Chester R ok presiding.
In Cincinnati on November 26 1920 George Remus faced a decisive moment as alienists report loomed. Judge Chester B Shook warned Remus to state whether he accepts the insanity finding or not. Prosecution rested after brutal testimony from Remus associates and his own adopted daughter Ruth Remus who testified against him.
London endures the season’s worst fog as a light-hued, dense shroud blankets the city. The white Saturday follows a black Wednesday when an umbrella-like canopy nearly blanketed daylight.
Cambridge Massachusetts November 25 Harvard Athletic association faces pressure for more seating at Yale Harvard football games prompting a plan to raise capacity from about 64000 to 80000 as disclosed by the Harvard Alumni Bulletin.
Captain Francis Saltus Van Boskerck, commandant of the Norfolk division United States coast guard, died suddenly from a heart attack as he prepared to leave a Washington steamer to come ashore at Norfolk. He had been in Washington on a week's leave and appeared in good health.
Property notes list houses with rooms features and prices. Hast Green Woodbury Colonial Drive Bridges Amos St Blain Ave entries show steam heat tiles plaster brick veneer built in parts and market prices ranging from 2 150 to 10 500 with various fixtures baths and configurations.
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