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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 16, 1929
Page
5
The market opened with lingering nerves from last week but showed a firmer tone overall. Utilities rails and specialties advanced while bankers expect firm money ahead due to income tax payments and treasury refinancing. U S Steel and AT&T led some declines but recovered.
Chicago stockyards show receipts of 35 000 hogs and 24 000 cattle with varied demand. Hogs top at 10 75, mediums to ch oice 250 to 300 lbs fetch 9 50 to 10 60, sows 8 25 to 9 50, pigs 8 25 to 10 00. Cattle and calves steady to firm with steers 1300 to 1500 lbs 13 25 to 17 00, 950 to 1100 lbs 13 25 to 17 00, yearlings 13 25 to 16 50, heifers 13 00 to 15 50, cows 8 75 to 11 75, bulls 8 90 to 10 75, vealers 16 00 to 18 00, stocker and feeder steers 10 25 to 12 00.
Raw sugar in New York opened steady, duty paid spots at 4.02 per pound with no sales reported.
Ad claims Adlerika mix of glycerin buckthorn bark and saline acts on upper and lower bowel to remove foul matter. It promises gas and constipation relief in minutes with one spoonful and is sold at Eckerd's Cut-Rate Drug Store.
Fragmentary stock ledger notes show quotations for Gen Elec of Sy Penn Road and MiGK PINRNGe with unclear figures. The readable items suggest a market listing or ticker update but lack complete data or context to define exact prices or dates.
Spectator compilations show Pierre S. Dupont leading in life insurance with 7 million dollars. Ten Americans hold policies of 5 million or more, 312 have 1 million or more, while Jack Barrymore owns 2 million and Douglas Fairbanks Mary Pickford and Constance Talmadge each hold 1 million.
Boston boxer Jack Sharkey reportedly has earned about $750,000 in the ring and aims to reach $1,000,000. he expects to add roughly $200,000 in the next season.
New Orleans reports a firmer undertone after last week's liquidation with steady demand in southern markets. Total cotton sales reached 253,808 bales, down from 294,008 bales the prior year.
Weekly reviews of cotton markets report good demand for fall and spring deliveries. Traders note steady interest from buyers and steady price activity across key textile centers.
The day's market movement in Liverpool was explained as the result of hedge selling and both local and continental liquidation pressures affecting prices.
Decline in silver checking china business noted as cloth demand relaxes.
Py Woodrow Goodan aged 13 died while attempting to rescue his brothers Wilbur 9 and Atlas 7 after their boat capsized at Oaky Point Latta South Carolina. A child spectator raised the alarm as the three boys perished and were recovered from the lake.
The Cadillac Motor Co division of General Motors will introduce a 16 cylinder super motor product in the coming year. McKesson & Robbins of Bridgeport has acquired Van Vleet Ellis, Memphis chemists. Leonard P Ayers of Union Trust Company Cleveland foresees ongoing prosperity despite credit costs unless credit tightens.
J. J. Gentry aged 22 was killed when his car overturned on Highway 91 near Greenville North Carolina. A Black passenger suffered minor injuries. Gentry, son of local tobacco warehouseman J. J. Gentry, was a Winston-Salem native and his body was taken there for funeral services scheduled tomorrow afternoon.
Harry LaPearl, veteran clown and son of the LaPearl show operator, says clowning demands time and effort like running a mercantile business. John Robinson's Circus returns Friday September 20 with top joeys such as Mickey Blue and Buster March. The program boasts a new opening spectacle King Solomon and the Queen of Sheba and exciting hippodrome races.
Dr Morris Fishbein analyzes meat as a nutrition source noting muscle meats lack essential vitamins found in glandular organs. He cites specific portions of beef, veal, pork, lamb, fish and fowl, explaining meat is not central to reducing diets but can aid weight gain or maintenance. He details protein fat calories and mineral content for common portions and highlights oysters salmon tuna trout herring as lower calorie options with minerals and vitamins.
In New York, cotton futures opened steady and rose modestly as traders covered last week’s losses. December reached 18.97 cents, March 19.25, with activity tapering after early buying. Spot middling held around 18.70 cents as commodities markets noted hedge selling in London and unsettled Manchester cloth demand.
In Gary Indiana on September 16 a car driven by Michael Spak attempted to pass lowered gates at the Michigan Central tracks on Garfield Street after honking twice. He was killed as the train approached.
New York dairy market data shows butter receipts at 7 357, creamery quotes higher with extra 92 score 46 and first 88 to 91 score 42 46, packing stock current make numbers and cheese steady with receipts 204 679, state whole milk flats and fresh fancy to fancy special 24 25%.
London reports Prime Minister MacDonald will land in New York October 4 and go to Washington for talks with President Hoover on naval disarmament. He plans several days in the capital before traveling to Philadelphia October 7 to meet doctors who treated him during his illness.
The cotton market opened about steady on favorable Liverpool cables with first trades up four to nine points. Prices rose early on better technical position and short covering before easing late morning. Mid-session tones held steady and futures closed with net advances of 5 to 6 points across contracts.
Marion North Carolina September 16 The McDowell county grand jury will begin its probe this week into the textile strike riot in which Sheriff Oscar Adkins and several deputies were beaten by strikers from Clinchfield and Marion Manufacturing company mills J W Pless district solicitor said cases will be presented this week More than 80 United Textile Workers of America members including Alfred L Hoffman southern organizer are charged with rioting and rebellion and released on bonds
A. M. Grier and his chauffeur were to be called before Justice T. B. Hargett in Gastonia today on reckless driving charges. Oak and Grier were arrested near a planned communist rally that did not occur. Seven men remain free on bond in the fatal shooting of Mrs. Ella May Wiggins, unionist of Bessemer City, en route to the rally. An inquest into her death, adjourned yesterday, will resume Saturday. The International Labor Defense will handle Mrs. Wiggins funeral arrangements, with service details yet undisclosed.
In Charlotte NC the slaying of Ella May Wiggins amid Saturday mob violence ties into five NC court cases related to textile mill strike unrest. Seven men charged with manslaughter, including the car drivers, face trial while hearings on anti communist and conspiracy charges continue.
National Textile Workers Union members were abducted by an anti communist mob last Monday night. Wells was flogged while Sell and Saylor escaped injury. Judge Thomas J. Shaw opened an inquiry into the incident. Liston M. Oak and A. M. Grier faced charges in Gastonia recorder’s court for concealed weapon and reckless driving.
London reports Prime Minister MacDonald aims to divide Britain 50 cruisers into two groups for 8 inch and 6 inch guns totaling 339 000 tons. The U S suggests 21 vessels with 18 inch guns and 15 with 6 inch guns totaling 315 000 tons. A three inch gun dispute remains over tonnage.
The piece argues that current 35 percent ad valorem tariffs fail to protect consumers, noting a proposed 700 percent rise and domestic supply at 93 percent. It claims manufacturers seek import prohibition and monopoly, with protectionists aiming to expand presidential and tariff commission powers to influence duties ahead of elections.
Spot cotton in fair demand with price dips across grades. American original stocks dominate sales at 5,600 of 6,000 bales, receipts 4,000 with no American. Futures closed quiet and steady with October to July quotes ranging from 9.93 to 10.09.
Chicago dairy market reports firm butter prices with receipts totaling 10,065 tubs and creamery extras at 45, standards 44, extra firsts 40 to 44, first 39 to 41, seconds 37 to 39. Eggs hold firm with 7,648 cases received. grade a firsts 36 to 37, current firsts 31 to 33.
President Hoover appoints Harry F. Guggenheim ambassador to Cuba replacing Noble Brandon Judah who resigned. Guggenheim, aviation advocate and Guggenheim fund head, has ties to Charles A. Lindbergh and World War I naval aviation service.
New York dispatch reports Harry F. Guggenheim was named ambassador to Cuba and, upon notification, had no comment on the appointment or departure date. He gave no readiness on when he would leave for Havana.
President Hoover returned to the White House from a weekend at his Rapidan river camp after a three hour motor trip. The visit included talks on farm relief with Senator McNary and meetings with Secretary Lamont and adviser Wm. J. Donovan as winter approaches.
USDA notes 159 cars receipts and 229 cars on track with 1122 Saturday and 72 Sunday shipments. Market steady with fair trading. Wisconsin round whites sell 2.80 to 2.95, mostly 2.85. Minnesota sacked whites 2.60 to 2.80. Ohio 2.70 to 2.75. Idaho rurals 3.00.
A terse note claims Portuguese as the official language of Brazil, stirring discussion on national identity and linguistic policy.
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