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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Sep 22, 1929
Page
19
The New Orleans cotton market was fairly active for a short day with most activity from week end liquidation. Prices eased after an initial uptick with October, December and January all finishing several points lower on the day, closing near session lows as hedge selling and favorable weather weighed on gains.
Paris dispatch reports Baron Henri de Rothschild and Dr. Pierre Maze claim a cow milk serum speeds wound healing. Dr Maurice Heitz Boyer notes its use with Marshal Foch, while Prof Pierre Delbet and others publish favorable surgical results.
In New Orleans on September 21 traders kept to light activity. Prime summer yellow oil closed at 84 cents per pound and prime crude at 77. Futures also finished steady with September 84, October 84.5, January 87.1, and March 88.8 cents.
One five room apartment with heat and all modern conveniences. Over Davis Electric Co. 113 English street. Phone 2113. C-9-16tf
Moderate demand and weekend covering from southern sales offset by liquidation. December slips to 18.73 with October at 18.38 and March at 18.96, the lowest since early September crop reports. Weather prospects and hedging for new crop weigh on prices as selling widens.
A humorous quip contrasts declarations of love with a mock marriage ultimatum. The speaker jokes that love means letting the beloved marry someone else to prove commitment, reflecting lighthearted wit from The Humorist.
The stock market faced heavy liquidation but fared better than yesterday with mixed gains and losses. Industrials and rails slipped 1 to 3 points while utilities advanced. concerns over a London Harry stocks debacle weighed on sentiment though not directly on Wall Street. Major decliners included U S Steel, American Telephone, General Electric, Anaconda, and Du Pont, with Union Pacific and Allis-Chalmers down four and Case Threshing five. Radio closed at 95, down one.
The first typewriter factory in the Soviet Union is to be built in Moscow and expected to reach production in two to three years, signaling a shift toward domestic manufacturing of office equipment.
Prudential Insurance Co offers 10 and 20 year farm loans at 5 percent interest with 1 percent of principal payable annually in the fall. Home Bond and Mortgage Co located at 103 West Washington Street with phone 4300.
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