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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 20 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Oct 10, 1929

Page

11

Steel orders spark broad stock rally in New York

The U S Steel September unfilled orders rose by about 245000 tons, triggering heavy buying as prices surged. U S Steel common jumped 12 points with many issues rising 3 to 12 points. Traders eyed lower broker loans and warned against overcommitment while rails and utilities led gains in a buoyant market.

Associated Press New York United States Steel Corporation Shorts U. S. Steel Common Call Money Wall Street Federal Reserve Steel Corporation Steel Common Republic American Tobacco Ingersoll Rand Western Union American & Foreign Power Motor Products Worthington Pump American Can Auburn Auto General Electric Westinghouse Electric Allied Chemical Johns Manville Atchison American Water Works American Rolling Mills Consolidated Gas U.S. Industrial Alcohol Brooklyn Union Gas Detroit Edison Standard Gas & Electric Corn Products International Telephone Seaboard Air Line Missouri Pacific Preferred

UNC President urges alumni gifts to boost state funds

Chapel Hill, Oct 10. University of North Carolina President Harry W. Chase told Orange county alumni and faculty that private gifts supplement state appropriations, citing Michigan and California examples. He said the alumni loyalty fund aims to foster annual contributions as a long term habit, not a drive, and announced new officers Louis Graves, Obie Harmon, and Herman Baity.

Chapel Hill University of North Carolina Wisconsin Harry W. Chase Orange County Chase Dr. Chase Michigan Law School University of California University Edward K. Graham Chapel Hill Alumni Association Louis Graves Obie Harmon Herman Baity

Cotton Market Roundup at Liverpool on Oct Ten

Cotton in fair demand with American grades quoted. Prices range from strict good middling 11.02 to good ordinary 9.02. Sales total 8,000 bales with 3,300 American. Receipts 4,000 with 900 American. Futures closed steady across the board from October 9.91 to July 10.09.

Liverpool

Eloped Couple Flew for Gretna Green Honeymoon

Short Hills couple Robert C. Good Jr of Morristown and Sara M Mackellar of Short Hills eloped by airplane from Hadley Field New Jersey with a pilot friend to Bel Air Maryland Gretna Green and plan a flying honeymoon.

Short Hills N. J Robert C. Good, Jr Morristown New York University Sara M. MacKellar Hadley Field Gretna Green Bel Air

Market Movers Briefs Include Mixed Quotations

Trading activity shows mixed results with several names like Lone Star Gas Penn Road Corp and General Electric Engineering listed among quotes. Investors monitor price changes and percentage shifts as market sentiment fluctuates across sectors.

Elec Eng Lone Star Gas Penn Road Corp le Vick Finance

Chicago Market Slumps as Government Crop Report Dampens Grain Prices

Chicago market notes a broad decline across grains as selling of future corn deliveries follows a government report projecting 1.802 billion bushels in key states, weighing on wheat and oats. corn finishes down about one quarter to three quarters of a cent, with mixed movements in other commodities.

Chicago Argentina

Minister Banker in London Bridges Faith and Work

Reverend F. J. Scroggie serves as a Sunday minister while managing a South London bank on weekdays. He believes a pastor should engage in worldly work to understand people and that business experience enhances his ministry by broadening his outlook through contact with diverse men and women.

London F. J. Scroggie

Daring attempt to extinguish massive oil well blaze

In Oklahoma City two Kinley brothers crouched behind shields as they prepared to blast 2006 quarts of nitroglycerin near the Sinclair Oil No 3 Stamper well. The blast aims to force the flame from the 160 foot pillar of fire and halt 50 million cubic feet of gas per day feeding the blaze.

Oklahoma City Okla Sinclair Oil and Gas Company M. M Mack Kinley F. T. Kinley Sinclair Kinley Brothers

Increase In Use Of Cotton Goods

Washington reports a 20 percent rise in finished cotton goods use for the first seven months of 1929 versus 1928. A committee from Commerce and Agriculture and the textile industry cites Institute reports on men’s clothing demand and studies cotton bags for shipments. It notes a DC experiment using cotton instead of paint for traffic markers and two carloads of oranges packed in cotton rags.

Washington Departments of Commerce and Agriculture Cotton Textile Institute District of Columbia

New York Cotton Opens Steady After Early Gains

Cotton opened steady with a 4 to 10 point advance on steady Liverpool cables and favorable cloth stats. December rose to 18.57 and March to 18.98 on the call, but hedging and local selling trimmed gains. The market ended the first half hour steady with active months up about 2 to 5 points.

New York Liverpool Cables China P.C

New Orleans Cotton Opens Higher On Bullish Textile Report

The New Orleans cotton market opened with gains as a bullish textile statistics report showed a rise in gales production, with December at 18.48, January 18.58, and March 18.85, while initial trading pushed prices 8 to 9 points above yesterday. By the first hour, futures were steady at near session highs with steady close to gains of 12 to 14 points. New Haven note: Mrs. Florence Trumbull Coolidge will write on housekeeping for a magazine, learning to cook with John’s help.

New Orleans Liverpool P.C New Haven Florence Trumbull Coolidge John

Senate Rejects Broussard Plan

The Senate rejected the Broussard amendment to a tariff bill that would declare the Philippines' independence imminent and call an international conference to ensure it. Opponents called the vote not a test of independence, saying the issue should not be tied to tariff deliberations.

Washington Senate Broussard Philippine Islands

My favorite Bible Passage by Smily Newell Blair

A compact note listing a Bible passage favored by Smily Newell Blair and credits James J. Davis with compiling the work for the Bible Guild, dated Friday. The item notes Blair as a writer and lecturer formerly vice chair of the Democratic National Committee.

Democrati, National Committee

Farm Rivalry at Black Mountain

In Black Mountain on Oct 10 AP reports a spontaneous contest among local farmers to display the tallest corn stalks in Mayor R. E. Finch offices. W. R. Goodson brought a 14 foot stalk, claimed the tallest ever, while J. R. Padgett quickly fetched a 15 feet 3 inch stalk filled with ripe ears.

Black Mountain R. E. Finch W. R. Goodson J. R. Padgett

Barnett outlines China in Rotary talk at High Point

Eugene Barnett described China and Y M C A work in Shanghai to the High Point Rotary club. He praised Chinese mass humanity, argued China is not communist, and cited reforms toward literacy literature and Christian effort as signs of a bright future. Two appeals followed for charity and local literacy schooling. John W. Clinard joined the club as a miller. Musicians from the American theatre entertained members.

China Rotary Club Eugene Barnett Orient Mr. Barnett Florida University of North Carolina Edgar Hartley W. F. Bailey Fred N. Tate High Point Association Shanghai Barnett Moscow Republic United States Ita J. F. Spruill John C. Abels Might School For John W. Clinard Miller American Theatre Miss Carroll Mr. Clark

New Road in District Opened to Traffic

Part of route 109 from Thomasville 12 miles south toward Troy to route 90 was completed with oil treatment and opened to traffic. Engineer J W Mills of the fifth highway district announced autos could use the road yesterday.

Thomasville Troy J. W. Mills Fifth Highway District

Revival Meeting to Start Sunday at Silk Street Church

A revival meeting will begin Sunday at the Church of the Living God on Silk Street. All members and friends are urged to attend. Rev. R. C. Pulliam, pastor, will lead the services.

Church of the Living God Silk Street R. C. Pulliam

Roosevelt Hopes to Attend North Carolina Homecoming

Governor Gardner received a letter from Franklin D Roosevelt requesting to attend North Carolina’s homecoming week on October 15. Roosevelt and Hoover were invited. Hoover cannot attend. Roosevelt expressed desire to visit en route from Warm Springs to New York and to be present for the October 15 events.

Raleigh Max Gardner Franklin D. Roosevelt New York North Carolina Roosevelt Hoover General Assembly Moosevelt Gardner Warm Springs

Plan Largest Cigar Factory Opened in Kansas City

The American Cigar Company, subsidiary of American Tobacco, plans a world leading factory in Kansas City with 4 million dollars payroll and 3 million dollars investment. Frank W. Harwood, vice president, announced the decision. The plant will exclusively produce a cigar also made by the Niles and Moser Cigar Company of Kansas City.

Kansas City American Cigar Company American Tobacco Company Frank W. Harwood Niles and Moser Cigar Company

Potatoes Market Report From Chicago Trade

USDA notes potato receipts 126 cars on track 401 with total U S shipments 1 308 cars Fair trading market up to 2 50 Fancy shade higher Minnesota sacked round whites Hollandale 2 30 to 2 40 others 2 10 to 2 35 Minnesota North Dakota sacked Red River Ohio’s best 2 30 to 2 40 others 2 10 up South Dakota sacked Early Ohio’s 2 45 to 2 60 Idaho sacked russets 2 50 to 2 90 mostly 2 75 to 2 85

Chicago USDA U. S Minnesota North Dakota Red River Ohio South Dakota Idaho

Also Mentioned on This Page

Stanley W. Prenosil Protestant Episcopal Church Gate City Motor CO Jack Borris Mgr Wrenn St Bear Elwood Hotel Piedmont Building & Loan Wachovia Bank Geo, A. Matton Pies W. ©. Idol Sec Adams-Millis Car Fay Bret Am Tobacco Am Tobacco B Am Woolen Wes Cannon Mills Es Can Pac Cuba Davison Chem Drugs Inc Dupent Aty & Bk Aca Gen Motors Elec Wes Houston Oil Hudson Motors Aia Éuneti Ooess Liggett Wee Wee Macy Aes Pac Mills Pan Am Pet Fam Lasky Penn RR Phillip Morris Phillips Pet Senewse Pullman Ees Eeses Rem Rand Eess Reynolds Eevee Schulte Seaboard Sears Roebuck Simmons Co Sinclair Con Oil Studebaker Texas Corp Bae Wee UN Cig Per i. Sc Wes U S Steel U S Univ Leaf Ward Baking Westing Elector Willys Overland West Union Woolworth John P. Boughan Associated Prett Smily Newell Blair By Emily Newell Blair Matthew The Bible Guild James J. Davis Labor Rotary Plan Wachovia Asheville Winston-Salem Raleigh Salisbury
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