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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 14, 1929
Page
3
New York stocks resumed trading after two days off and kept an upward drift though activity remained quiet. Buying was selective with gains in specialties where favorable developments were anticipated. The Jewish holiday observance helped depress trading. call money held at 6 percent as mid month dividends and interest payments were due.
Dividends on motor products and Hawaiian Pineapple and an excellent earnings report by American Telephone dominated the day. Youngstown reports show further improvement in steel. rails lag as New Haven rises to 129 while Missouri Pacific falls 3 percent.
Washington dispatch reports that Anthony Brown Eddie Stokes Walter Burke James Gregg and Eugene Crosby all on death sentences for killing fellow inmate George Baker at California’s Folsom prison were denied a Supreme Court review on October 14.
Chicago market notes show Pontoes receipts 173 cars on track 472. Total U S shipments Saturday 1 242 Sunday 49 cars. Trading slow and market dull. Wisconsin round whites sold in central section 2 40 to 2 50. Northern section few sales 2 65. Minnesota North Dakota South Dakota round whites 2 40. Idaho russets 2 85 to 3 00.
An old newspaper ad touts Van-Del Compound made from herbs and roots to combat stomach liver kidney and bowel disorders rheumatism neuritis nervousness and high blood pressure. Available in 8 ounce liquid or 16 ounce powder forms with a free package offer at Ring Drug Company upon purchase.
Police reported Robert Lucas, a newcomer to High Point, drank chloroform liniment in his Ennis Street home. He was found unconscious and taken to Guilford General Hospital in a semi conscious state. family saw a black powder but offered no motive. The report also includes unrelated baseball play-by-play from a Cubs vs Athletics game.
Fred Erwin Beal, former Southern organizer for the National Textile Workers Union, testifies in Superior Court amid evidence of alleged communist teachings. The trial also involves six co-defendants in the O F Aderholt murder case with ongoing cross examination and rulings on race and communism questions.
Cotton opened lower on October 14 due to week end selling and some liquidation by commission houses. Demand from trade buying and covering steadied prices, with December around 18.35 and March near 18.74, though intraday lows persisted. Liverpool notes Continental and Bombay buying, with fair cloth sales to the continent and South America, while futures closed 13 to 23 points lower.
The cotton market in New Orleans opened barely steady with first trades showing 1 to 3 point losses as hedge selling pressured prices. December eased to 18.27, January 18.38 and March 18.65 before recovering slightly, while end of hour quotes left futures easy 18 to 22 points.
Butter steady with receipts of 22 710 pounds. Creamery extras 45, standards 42 to 44, extra firsts 42 to 44, firsts 39 to 41 2. Second 37. Eggs firm with 13 519 cases received. Extra firsts 42 to 42 1 2, graded firsts 40, current firsts 36 to 38, ordinary firsts 33 to 36.
Beaver, Duke's right half and noted punter, produced an 85 yard punt while playing for Oak Ridge prep. The long kick highlighted his standout special teams talent in a local prep report.
Sworn to and subscribed before me this the 14 day of Oct 1929. W F Moss Notary Public. My commission expires September 17 1931.
Left on base Chicago six Philadelphia four. Bases on balls off Ehmke two Malone two. Walberg strikes out six. Winning pitcher Walberg. Umpires Kiem at plate Dineen at first base and Charles P. angle note.
A print warning urges against daily laxative use and promotes Dr Caldwell's Syrup Pepsin as a safe prescription remedy. It stresses consulting a doctor, notes wide use in many homes, and claims the product treats constipation effectively for women children and adults.
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