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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 14 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Sep 07, 1928

Page

14

Fraud Charged In Salisbury Deaths Linked To Fake Policies

In Salisbury, the Life Insurance Company of Virginia paid at least three fraudulent death claims on forged certificates tied to J L Boyd who killed himself after a briefing with company officials. Fraud covered Weant Howan and Swicegood policies, total under 315000, with Weant later found alive in Gastonia.

Life Insurance Company of Virginia Gastonia Boyd Jim Weant C. K. Howan Ira Swicegood

Man Injured in Auto Accident injures at English and Allied streets

Charlies Phillips of 219 Torrs ton street sustained injuries in an early morning automobile crash at the English Allied intersection. He was taken to Guilford General Hospital by Mrs J J Garland, where doctors treated him for severe damage to two fingers. Phillips was discharged after examination. An ambulance from Sech rest Funeral home arrived after he had been moved. No cause was reported.

Charlies Phillips Thurston Street Allied J.J. Garland Guilford General Hospital Phillips Sechrest Funeral Home

Cotton Prices and Sales Report from Liverpool Market

Liverpool reports moderate demand for cotton with prices steady. American grades sell around 10 to 20 pence per pound, with 5,000 bales sold including 2,700 American. Receipts total 6,900 bales, futures closed quiet.

Liverpool

Market analysis notes cautious support for favorites

New York stocks quotations from d. 8. Bache & Co. emphasize that investors behind the market appear able to support favorites and check reactions, but caution is advised. Consolidated Gas and Public Service of New York are noted to rise, while building up may face more difficulty. Potter and Company suggests cautionary advice may not be premature.

W. J. Wollman Josepthal— Consolidated Gas Halle and Steignitz Potter and Company

Market outlook notes cautious session and loan figures

New York reports a calm session with the call money rate rising to 7 8 percent and brokers loans rising 54 million for the week. Despite technical setbacks the market is seen recovering as stocks correct and indices move higher. International Combustion and General Electric are highlighted as promising, with analysts noting expected covering of short positions ahead of the government report. Liverpool Wheat also firmed, with wheat months up across the board.

New York Federal Reserve International Combustion General Electric J. 8 Ache and CO

Market activity shows four million transactions with rising borrowings

The report notes transactions returning to the four million level while purchases are funded by larger borrowings. It observes that some market quarters show distribution in progress and that pool operations face increasing resistance despite active trading.

Whitney stocks and cotton market outlook and picks

The report notes liquidation absorption with little stock market loss and predicts brokers loans may rise. United States Steel nears new highs after a week of controlled advance, Central Alloy Steel poised for a strong year, Missouri Pacific rebounding, and Eric stock rising on new demand. JO. F. CLARK & CO.

Commission House United States Steel Central Alloy Steel Missouri Pacific Eric

Stock Opinions From Leading Firms

Hornblower Weeks notes momentum in the market with renewed buying, suggesting limited chance of a technical pullback in strong stocks. E F Hutton argues high prices don’t deter buying in sound developing companies but warn against non-core issues. Halle Stieglitz predicts rising bids will face more difficulty ahead. Clark & Co. adds.

Hornblower & Weeks E. F. Hutton & Co Halle & Stieglitz

R J Reynolds declares regular quarterly dividend of 5 25

R J Reynolds Tobacco Co declares a regular quarterly dividend of 5.25 per share on common and common B stock. New York Federal Reserve Bank holds its rate. Brokers loans for the week ended September 5 rise to 45289 209 000 from prior week. U S Treasury offers about 525 000 000 certificates of indebtedness due June 15 1929 to be paid at par in the third Liberty Loan.

R. J. Reynolds Tobacco Co New York Federal Reserve Bank U. S. Treasury

Detroit industrial employment at new high record

The report shows the Federal Reserve System ratio at 68.6 for the week ended September 5, down from 69.5 the prior week and 76.4 on September 7, 1927. New York 69.6, versus 74.3 and 76.2 percent. U S Rubber Firestone and Goodyear halt recent 20 percent cuts on second grade tire line. Average 20 industrials 239.06 down .96. 20 rails 143.01 down .74. JNO F CLARK & CO.

Detroit Federal Reserve System New York U. S. Rubber Firestone Goodyear JNO. F. Clark & CO

Cotton market notes and crop reports outline weather and outlook

Cotton prospects mixed as Raleigh flood warnings and rain hinder yields. Dallas News cites shrinking Texas crop with 76 counties reporting low yields and weevils present. Oklahoma crop down. market steady with firming on Wall Street. Trade comments from MO F Clark Co and others ahead of Saturday government report.

Clovenburg Liverpool Raleigh Carolina Virginia Dallas News Texas Oklahoma Worth Street Wall Street MO. F. Clark & CO

Weather outlook for eastern belt and central regions

Fairly warm days and cool nights with scattered rains. Eastern belt to see rain, Carolina areas early night. Friday forecast calls for mostly cloudy eastern belt, central and western belts generally fair and warmer. by Clark & Co.

Stanley Carolinas Clark & CO

Williams and Travers Movement Expected

Readable fragments suggest Williams and Travers movement may be expected to occur. Details are sparse, with no firm date or venue identified in the text. Further context from the full article would clarify participants and purpose.

Cotton Williams Travers

Grain Opinions: Thomson McKinnon

Thomson McKinnon notes that northern wheat is secure, making markets merit driven. Corn could rise on adverse weather, with September commitments to be avoided. New crop corn futures remain in demand, and a firm tone closed the day.

Thomson McKinnon Hubbard Warren

Also Mentioned on This Page

Salisbury D. 8. Bache & Co Commercial National Bank J. 3. Bache & CO Ee Adams Millis Atch We Ceres Eee Ajax Rubber Ee Aran Tél and Tel Amn Loeco Allied Chem . Oe Yeas Beth Steel Chile Chrysler Motor Assd Droyecods Dupont de M Dodge Bros Motor Wih Jand Wory Eee Ee Power Lite Co Ae Ne Klee Frie Ry Fleischmann Ty Famous Players Keeport Fisk Rubber Lids Lite Vox Film Bros Gimbel Gold Dust Hartman Bb Hudson Motors Oe iZs Hupp Motors Howe Sound Rv SM Téland. Tel Or Mae of Bog RY IV Kresge Keith Albee Kelly Springfield Kennecott Lembert Meyers Tobrae Ludlum Steel Eae Ee Slamatin P Lorillard Mont Ward Miami North Amn Co Nat! Cash Sie Sa Phil Penna Rys Pierce Arrow Postum Ock Island Ry Rem Rand Vo Aes Radio Ee Sears Roebuck Studebaker Stewart Warner le Sinclair Oil United Cigars Viviadou See We Rae Warner Bros Seaboard Rv Youngs Sheet Woolworth Gear Motors Randall Kotex Bic Lucky Tiger Zac Princess Pat Zac Wrenn Bros Wade B. Keech J. S& Bache & Co Bache & Co Whitney JO. F. Clark & CO INO. F. Clark& CO Bache Wade Bros Hubbard Bros INO. F. Clark & CO Dan W. Smith Louise Ave Davenport Cut-Rate Furniture Co E. Green St
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