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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Sep 24, 1929

Page

7

Stocks Dip Down Near Close Today

The stock market slid in the final hour as early gains faded with U S Steel retreating to 233 from 241 and Radio slipping to 36 percent. High priced specialties fell in mid day trading but the market recovered with strong industrials and utilities and favorable trade news.

Stanley W. Prenosil Associated Press New York U. S. Steel Studebaker Nash Willys-Overland J. I. Case Detroit Edison Cal New North American Co Electric Bond & Share Curtiss Aeroplane U. S. Steel Common American Telephone Allied Chemical North American New York Central American& Foreign Power Adams Express Eastman Kodak Atlas Powder Foster Wheeler Auburn Auto Simmons Co Arthur W. Cuttin Timken Roller Bearing U. S. Distributing Preferred Underwood Elliott Fisher Owens Illinois Glass Beatrice Creamery

Wheat Prices Fall as World Supply Rises in Chicago

Chicago reports a weekly world wheat supply increase of 21,521,000 bushels. Wheat values slide with March futures setting a new seasonal low. Argentine rainfall improves wheat crop prospects, while open high low and close details follow.

Chicago Grain Chicago

Cotton futures rise modestly on steady cables and rains

Early advances in New York cotton prices on steadier Liverpool cables, rain in the eastern belt, and revised gin nings fed by southern selling and trade buying. Mid afternoon quotes show net gains of about 6 to 11 points with open highs lows and closes listed for contracts including Jan Mar May Jul Oct December.

New York Liverpool

Stock Quotations Fragment Show Turbulent Listings

Fragmentary list shows American Inv, Ford of Finland, Gen Elec of England, Star Gag cess, Penn Road Corp, Southern Corp, Vick Finance among others. Readable items suggest a stock quotation page with company names and abbreviations, not full quotes or prices.

Ford Finland Elec England Fong Star Gag Wes Penn Road Corp Southern Corp Vick Finance Ia

Veterans Disbursements Hit 4.75 Billion to Date

The report shows disbursements to World War veterans reaching 4.75 billion dollars while insurance in force for veterans exceeds 3 billion dollars.

Cotton Briefs in New Orleans Market Action and Weather Warnings

An opening advance of 27 points in cotton attracted hedge selling and profit taking. The weather bureau issued a storm warning linked to a hurricane near Porto Rico moving northwest toward Florida. New Orleans Exchange officials called a five hour lapse before discovering a 300000 bale census error remarkable. Southern spot sales totaled 76347 bales, the largest daily business so far this season.

New Orleans Weather Bureau Porto Rico Florida New Orleans Exchange Bates Census Bureau

Expurgated Bible Issued by National Sunday Schools Union

London reports the National Sunday Schools Union issued an expurgated Bible. Changes include substituting evil for harlots in the prodigal son tale, removing the Joseph and Potiphar story invitation, and omitting St. John's adulterous woman episode.

London National Sunday Schools Union Joseph Potiphar Christ

New Orleans Cotton Opens Firm Before First Notice Day

The New Orleans cotton market opened firm with Liverpool stronger than expected. Early trades showed gains of 20 to 27 points due to Census Bureau revised totals. hedging and profit taking later eased prices. October dipped to 18.29 and December to 18.67 while hedging and liquidation of October kept the market under pressure.

New Orleans Liverpool

Yankee skipper Huggins suffers serious illness

News of the Yankees manager's grave illness sparked immediate anxiety in baseball. Col. Ruppert suggested a rest and vacation to regroup for next year, but Huggins refused to shift blame while the club fought for second place as Cleveland pressed. Huggins, born 1880 in Cincinnati, rose from Reds player to Cardinals manager and joined the Yankees in 1918 guiding pennants 1921 22 23 26 27 28 and World titles in 1923 27 28 including back to back sweeps.

Yankee Boston Red Sox Huggins Myrtle Arthur Huggins Ed Barrow Col Jacob Ruppert Yankees Philadelphia Athletics Rupert Cleveland Indians Cincinnati Cincinnati Reds St. Louis Cardinals Pittsburgh Pirates

Chicago Livestock Market Report September Dairy Hogs and Sheep

Chicago livestock receipts total 39 000 with 2 900 direct hogs as market fluctuates. Hogs mostly 10 to 150 lower. sow and butcher classes vary by weight. Sheep show active, steady to strong trade. native lambs 13 25 to 13 50. fat ewes and lambs priced around 11 to 14 dollars.

Chicago Livestock Chicago USDA

Sugar firm as Cuban sales lift prompt market

Raw sugar held steady in New York with 25,000 bags sold to an outpost refiner at 3.99 delivered and 35,000 bags to local refiners at 4.02. Refined sugar remained at 5.40 for fine granulated amid ongoing withdrawal demand and new inquiries.

New York

Marshal Neilan Praises Estranged Wife Amid Divorce Suit

Los Angeles report states director Marshal A Neilan, amid his wife Blanche Sweet filing for divorce, calls her the finest woman he knows. The complaint cites cruelty including 20+ alleged instances and Neilan’s behavior at home with guests and late night disturbances.

Los Angeles Marshal A. Neilan Blanche Sweet Neilan Miss Sweet

Potatoes market report from Chicago

Potatoes receipts 137 cars on track 424 total U S shipments 967 cars. Trading slow and market slightly weaker on results, about steady on other stock. Wisconsin sacket round whites 2 10 to 2 35 Minnesota and South Dakota sacked round whites 2 20 sacked early Ohios 2 05 to 2 20 Idaho sacked russets best 2 75 to 3 00 sacked rurals best 2 35 to 2 50.

Chicago U. S Wisconsin Minnesota South Dakota Idaho

Coal consumption by major nations reported

Great Britain consumes about 122 million tons of coal and lignite annually, Germany at least 100 million tons, and the United States about 269 million tons according to the data.

Great Britain Germany The United States

Runaway Train Destroys Rail Line Near St Clair

A runaway locomotive and 34 coal cars raced down a steep grade between St Clair and Pottsville Junction last night. Twenty six coal cars wrecked, poles toppled, plunging St Clair into darkness and flooding a coal mine by stopping the pumps. An order kept the runaway from colliding with other trains.

ST. Clair. Pa Pennsylvania Railroad Here Pottsville Junction St. Clair

Soviet Plane Is Still Landbound on Attu Island

At Attu on Unalaska Island the Soviet monoplane Land of the Soviets remained grounded due to rain and wind as it lingered 52 miles from Dutch Harbor. The crew planned a hop to Dutch Harbor for a 12 000 mile journey from Moscow to New York. Coast guard cutters waited at Dutch Harbor to assist the flight down the North American coast while radio contacts in Everett Seattle and Bremerton failed. A low pressure over the Bering Sea started yesterday and could delay departure until weather improves.

Seattle Dutch Harbor Unalaska Island Aleutians Attu Moscow New York Coast Guard North America Everett Bremerton Berring Sea

International Power Company Denies Ties to Mellon and Morgan

In Macon Georgia on September 24 under cross examination in federal court Harold Hall case, A R Graustein president of the International Paper and Power company says the International Power group is independent and not connected to the Mellon or Morgan groups. He notes a physical tie with Mohawk Hudson Power but says no interlocking directors or other affiliations exist.

Macon LaVarre Guit A. R. Graustein International Paper and Power Company International Power Group Mellon Morgan Power William LaVarre International Group Graustein Harold Hall New England Power Association Mohawk Hudson Power Company United Gas Improvement Morgan Gifford Pinchot

Arch Conspirator Sought in Wall Street Bond Theft

Police seek a leader named Carl Forman in a $512000 Wall Street securities heist after Milton Alter claimed a conspiracy ran from Guaranty Trust. About $452000 of the bonds were recovered, found in an east side mailbox in a bundle mistaken for waste paper.

New York Wall Street East Side Alter David Schwartzberg Carl Forman Schood OH “Pheysarie

Police Seek Pair With Records After Incident

Police sought two men, Forman and Schwartzberg, who have prior records, after an incident. Details unclear in the fragment but names and pursuit are confirmed.

Forman and Schwartzberg

Senate Accepts Tariff Bill Amendment On American Marks

The Senate approved a committee amendment to bar importation of goods bearing American trade marks by a 46 to 31 vote. Party lines split on the ballot. Earlier action adopted another amendment to prohibit entry of foreign made goods with American patents.

Washington Senate

Mexican ace found after missing in air race

Colonel Robert Fierro of the Mexican army, missing since yesterday in the Mexico City to Kansas City air race, reappeared at Apulco Hidalgo unhurt after landing in fog. Four other Mexican aviators who turned back may attempt to resume toward Tampico while Art Goebel remains in Brownsville waiting.

Mexico City Robert Fierro Kansas City Apulco Hidalgo Valbuena Field Tampico Art Goebel Brownsville Texas

Cleveland County Fair Opens Amid Threatening Skies

Shelby. Thousands of school children swarm the gates for the opening of the sixth Cleveland county fair despite early threats of bad weather. School children from the western district attend the event as the fair opens with activities and displays planned for attendees.

Shelby Cleveland County

Counties of Two Carolinas Enter Free Admission

Early last night exhibit halls and booths were overflowing as would be entrants failed to find space on the 56 acre tract.

Carolinas

Farm price index jumps to 143 percent of prewar level

The Farm Facts report shows the general level of farm prices rising from 14 to 143 percent of the prewar level between July 15 and August 15, four points above a year ago. The U S Bureau of Agricultural Economics notes larger southern yields and smaller northern yields with major northern crops like corn wheat oats potatoes and fruits forecast smaller, while southern staples such as cotton tobacco and sweet potatoes are expected larger.

U.S. Department of Agriculture South North U. S. Bureau of Agricultural Economics

Campaign to destroy currant and gooseberry bushes expands

An extensive campaign in the northeastern and lake states targets currant and gooseberry bushes to curb blister rust in pines. The U S Department of Agriculture reports more than 67 million bushes destroyed as part of the effort.

Lake States U. S. Department of Agriculture

Indications Point to 24 Percent Increase in Winter Wheat Acreage

The U S Bureau of Agricultural Economics says wheat acreage may rise about 24 this winter. If realized, production would exceed domestic needs and the 1930 crop would likely be marketed as an export.

U. S. Bureau of Agricultural Economics

No Hessian fly outbreak since 1919 study cited

Entomologist Dr. W. H. Larrimer of the U S Bureau of Entomology credits lack of outbreaks to scientific research and farmer application of results. He notes the last disastrous Hessian fly outbreak was in 1919.

W. H. Larrimer U. S Bureau of Entomology

Congress May Approve Code to Save Life at Sea

Washington notes a London adopted convention aiming to improve distress radio facilities, distribute lifeboats and rafts for widespread use, and hull designs to keep ships afloat with bulkheads compromised. Representative White of Maine leads American push for ratification.

Congress Washington Naval and Shipping Board London Representative White Maine

Prohibition arrest after Nash car seizure on Hobson Street

Police nabbed John Friday and Addie Heller after a Nash automobile tied to alleged liquor violations halted before a Hobson Street house. Palm Beach fled as Swanson and Davis seized the car and recovered 40 pints of whisky. Federal authorities take custody of the trio.

Nash Swanson Davis Hobson Street John Friday Addie Heller Palm Beach Heller

Butter and Eggs Market Report from Chicago

Butter steady as receipts reach 12 179 pounds and prices hold. Eggs steady with 11 464 cases received and prices unchanged.

Chicago

Also Mentioned on This Page

Adams Millis É&T B&o Beth Steel Cannon Mills Certainteed Aew C&o Davison Chem Drugs Inc Dupont Erie Houston Ope Motors Randee Reynolds Beeveree B& Schulte Seaboard Ee Fele Seaboard Roebuck Sinclair Texas Corp Timken Ice U.S U S Steel Ward Baking Beew Willys Over West U Woolworth Marshal Neilan Rhine William Thwaites Army of Occupation Eugene Marcel Lovette Beauty Shoppe West End Ritz International Power Co Milton Alter Hiscoe and Company Guaranty Trust Company Cleveland Fair Davis and Swanson Secretary of the Treasury
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