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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 26, 1929

Page

8

Stock rally steadies as Hart holds prices firm

Wall Street rebounded from panic with brisk gains across active issues. Major gains ranged 1 to 10 points, with high priced stocks up 12 to 30, while motorists saw a brief dip before Chrysler's note on car sales steadied the auto sector. Call money held at 9 percent amid expectations of lower brokers loans after last week’s drop.

Stanley W. Prenosil Associated Press New York Walter Chrysler Wall Street Bank of England New York Federal Reserve London Federal Reserve Sjige Lehman Corporation Adams Express Columbian Carbon Warren Bros National Biscuit Eastman Kodak UU. S Standard Gas and Electric Union Carbon A. M. Byers American Water Works Underwood Elliott Fisher Louisville Gas and Electric Atlantic Gulf and West Indies Burrough

Chicago Livestock Prices and Receipts Report

Chicago livestock market report shows receipts of hogs 25 000 cattle 9 000 sheep 16 000 with mixed changes. Hogs mostly 10 to 11 lower with good 160 to 250 pounds at 10 40 to 10 80. Cattle steady to firm for some grades with steers 1300 to 1490 pounds at 13 25 to 16 75. Sheep steady to 25 cents lower with natives 13 50 to 13 65 and fat ewes 4 00 to 6 25.

Chicago

Liverpool cotton market prices rise with solid sales

Liverpool Sept 26. Cotton spot market shows brisk business with higher prices. American strict good middling 11.12 and other grades listed. total sales 109000 bales, including 3090 American. Receipts 3000, American 2000. Futures closed quiet with Oct at 9.90 and July at 10.60.

Liverpool

Potatoes Market Report From Chicago On Sept 26

Potatoes receipts 86 cars on track 330 total U S shipments 1 093. Market trading fair and slightly stronger on good northern stock. Wisconsin sacked round whites northern around 2 45 to 2 60 central 2 25 to 2 45 Minnesota and North Dakota sacked round whites 2 15 to 2 40 Ohio sacked russets 2 50 to 2 90 mostly around 2 75.

Chicago U. S Wisconsin Central Minnesota North Dakota Ohio Idano

International Bank to Meet in Baden Baden October 3

Paris reports official circles say the committee organizing the bank for international settlements under the Young plan will convene in Baden Baden Germany on October 3. Jackson FE Reynolds of the First National Bank of New York is expected to be offered the committee presidency. Reynolds recently sailed for Europe aboard the Leviathan. The Hague reparations conference in August arranged the meeting and left the bank’s organization as a key unresolved item.

Paris Bank For International Settlements Young Plan Baden-Baden Germany Jackson FE. Reynolds First National Bank of New York Reynolds Europe Leviathan Hague Organization of the International Bank

Cotton Market Sees Nervous Trade Ahead of Storm

The cotton market faced nervous trading as traders weigh the storm’s path after it hits the Florida coast. An advance in the discount rate today could negatively affect major commodity markets for the time being.

Action of the October option signals lingering short interest

The October option activity suggests a sizeable short position remains uncovered or not shifted to later months, indicating persistent bearish activity or hedging behavior amid investors.

State Piles Up Its Case Against Bolt

Laurens S C September 26 Additional testimony was to be offered by the state in the trial of Lawrence Bolt a 48 year old farmer charged with murdering his wife at their home June 24 in general sessions court Judge Marvin M Mann presiding Mrs Bolt was fatally shot and neighbors who reached the house found her body on the front porch Bolt claimed she committed suicide

Laurens S. C Lawrence Bolt General Sessions Marvin M. Mann Bolt

World production of fixed nitrogen in 1928

The world output of fixed nitrogen in 1928 totaled 1,997,000 small tons.

Stone 10 Be Next Before Committee for Farm Board Confirma

Washington Sept. 26 The senate agriculture committee finished questioning Chairman Legge and called James C. Stone vice chairman of the federal farm board to appear for inquiry in preparation for a report on his confirmation Stone is Kentucky born tobacco interests on the board and counted former Gov Frank O Lowden of Illinois among his sponsors for Hoover’s appointment He may be the next chairman after Legge whose five year term was designated Opposition to Denman livestock and McKelvie wheat was rumored but not confirmed The committee also summoned Secretary Hyde though his ex officio status removes the need for confirmation Legge said he would not back a hurried farm relief plan and would insist on prudent use of funds for farmer prosperity.

Washington Legge Senate Agriculture Committee James C. Stone Federal Farm Board Kentucky Hoover Frank O. Lowden Illinois Stone Denman McKelvie Hyde

Rand denial cited by wire service on merger

The Associated Press issued a brief dispatch repeating Mr Rand's denial. Whether a hitch in the deal or a precaution for premature merger news drives today’s publicity is speculative at this stage.

No Decision Yet On Expanding Marine Midland Activities

George F Rand president of Marine Midland Corp says no decision has been made on extending bank activities into other states. He denies Charlotte reports that Marine Midland will acquire North Carolina banks while confirming interest from multiple institutions in expansion. A separate report claims North Carolina banks will join a $60 million consolidation creating a $1 billion banking group with Marine Midland retaining a revolving fund.

New York George F. Rand Marine Midland Corp New York State Bank Holding Company Charlotte N. C North Carolina Wilkinson Enterprise Marine Midland Corporation W. C. Wilkinson Merchants and Farmers National Bank of Marine Trust Company New York City

Merger Update Spreads Through North Carolina Banks

Efforts to contact J Elwood Cox president of Commercial National Bank in New York failed as he announced the merger is complete. Cox planned to travel to New York for talks with North Carolina bankers considering joining the merger.

J. Elwood Cox Commercial National Bank New York Cox North Carolina

Butter and Eggs Market Report Chicago Sept 26

Butter receipts 5,546 tubs and creamery extras 45, Standards 44, firsts 40 to 44, seconds 38 to 39. Eggs at easy demand with receipts 10,221 cases and prices unchanged.

Ebergs Chicago

Gould and Gillett Complicate New England Senate Picture

Senators Gillett of Massachusetts and Gould of Maine withhold renomination plans, complicating Republican strategy in New England. Massachusetts faces intra party factions and potential contingency candidates like Fuller and Draper amid Coolidge's uncertain involvement. In Maine, White and Brewster contest the GOP nomination as Gould delays firm action.

James L. West Associated Press Washington Frederick H. Gillett Massachusetts Arthur R. Gould Maine New England Alvan T. Fuller Eben S. Draper Gillett Senator Gillett President Coolidge Senate Coolidge Gould Wallace H. White House Ralph O. Brewster Paris Brewster

New York Cotton Opens Steady Amid Weather News

Cotton opened steady with a 2 to 9 point advance on weather news and Liverpool cables. October slid to 18.55 after gains, while December fell to 18.72 and March to 19.04 amid southern selling and liquidation. Trade buying and covering emerged, but activity waned as the market remained mixed and prices edged higher by the first half hour.

New York Liverpool Southern Bank of England

New Orleans cotton market opens steady amid storm fears

The New Orleans market shows a steady start with Liverpool cables ahead of futures. Prices for October, December, and January edge up early on hurricane concerns, then ease back as hedging pressure grows and the tropical storm stationary off Florida influences gains.

New Orleans Liverpool Florida

Houston Chosen For 1930 W C T U Convention

Houston Texas was selected as the 1930 convention city of the Woman's Christian Temperance Union at the national executive committee meeting in Indianapolis. Denver also sought next year's meeting.

Indianapolis Ind Houston Texas Woman's Christian Temperance Union National Executive Committee Denver Colo

Rosicrucians: A 14th Century Philosophers’ Society

The Rosicrucians emerged as a group of philosophers founded by a German monk named Rosencreuz in the 14th century.

Rosencreuz

Coolidge Autographs 1000 Books in Record Time

Calvin Coolidge signed 1000 copies of his autobiography in 3 hours 25 minutes with two secretaries and Cosmopolitan Book Corporation aid. He started at 8 50 a m and finished at 12 15 p m. Each copy carries a 25 dollar price.

North Hampton Mass Calvin Coolidge Cosmopolitan Book Corporation

Sea baby joins Bahamas expedition family voyage

Sylvia William son, seven months old, has spent much of her life under the sea as the daughter of J. F. Williamson, leader of a Bahamas expedition. She has accompanied her parents in a diving bell, watching deep sea fish through porthole windows.

New York Sylvia Williamson J. F. Williamson Bahamas Daddy

Philadelphian's estate funds girls' education rise

Dr William Curran believed his property would grow to support female education. His estate was valued at 91,500 at his death, now 789,500, with 50,000 a year from income earmarked for education.

Philadelphia William Curran

Radio telephone test links New York and Sydney

At 6 a m today Anzacs chatted with Yanks who spoke yesterday at 4 p m. Voices traveled 15 000 miles between New York and Sydney reflecting time differences and locations. The American Telephone and Telegraph company tested a radio telephone hookup three fifths of the way around the world.

New York Sydney American Telephone and Telegraph Company

Hesselman Aims Oil Fueled Engines For Cars And Planes

Stockholm reports engineer Jonas Hesselman develops a light engine using crude oil for automotive and aviation use. The project targets reducing fuel types while improving efficiency. This marks a notable shift in engine design and energy resources.

Stockholm Jonas Hesselman

Wedding of a Sheikh's Nephew Draws Colonies to Peace Omen

In Jerusalem near Petach Tikvah roughly 150 guests from the colonies attended the wedding of a sheik's nephew. They helped eat a sheep, sang, and watched Bedouin dances signaling a hopeful omen for peace.

Jerusalem Petach Tikvah

Towel tax stirs fuss at Southampton Beach club

Southampton residents clash over a ten cent towel charge for autumn bathers at an exclusive club. The row centers on 200 missing towels and a patron who buys replacements. a chauffeur delivers three towels daily. Berlin eyes tougher duel laws. jail terms would rise to two years for mortal outcomes. Bertrand Russell joins Will Durant in a public education debate in New York.

Southampton N. Y Berlin Reichstag New York Betrand Russell Will Durant

Colonel Rogers Builds Rainbow Light Pool In Southampton Villa

Col H H Rogers and his bride occupy a Southampton villa while he constructs a deluxe enclosed swimming pool. The roof uses violet ray glass and lighting at the base and walls will create a rainbow effect. Estimated cost approaches $200,000.

Southampton N. Y H. H Rogers

Wheat and grain prices rise on strong export demand

Chicago bids push wheat futures higher with gains over five cents. North American export totals reach 1,250,000 bushels amid talk of Argentine wheat withdrawals in Liverpool and tighter foreign stocks. Market figures show mixed moves across corn oats rye and lard products with varying close prices.

John P. Boughan Associated Press Chicago North America Liverpool Great Britain

Storm near Andros Island threatens Florida Keys and Cuban shipping

The cyclone stalls near Andros Island and may loop toward Nassau, complicating forecasts. Cuban ports face warnings as storm signals extend to the island. shipping in the Straits of Florida remains hazardous. Cuban meteorologist Dr. Carlos Millas says no Cuba fear yet but uncertain cyclone path. Havana reports sudden weather shift with high seas and waves over the sea wall.

Andros Island Nassau Florida Keys Straits Straits of Florida Bahamas Carlos Millas Cuban National Observator Associated Press Cuba Miami Gulf of Mexico Sea Wall Drive Havana

Bench Show Awards Highlight Local Dog and Cattle Winners

The community fair lists top dogs across many breeds with owners from High Point Winston-Salem Greensboro and beyond. Judges from North Carolina State College name Clover Hill and Lindale dairy as standout cattle entries with breed winners across Guernsey Holstein and grades divisions.

Reg Bird L. B. Bryan Durham Supena Bob Touchstone A. L. Briles Cedar Falls Frenburn’s Fleet Oscar O. Efird Winston- Salem Pointer Jeffries Lingfield

Boomer Wins French Open in 36 Hole Playoff

Aubrey Boomer, English professional, won the French Open golf championship in Fourqueux defeating Archie Compston by one stroke after two rounds. Boomer posted 141 to Compston 142 in the 36 hole playoff.

Fourqueux France Aubrey Boomer Archie Compston Boomer Compston

Also Mentioned on This Page

Hart Chrysler Houston Oil Southwest Hudson-Essex Jefferson Motor Company Hldson-Essey Rmiunos Morris Schulte Borugess Oy Boadoato Pfos Sears Roebuck Cies Cies 162 Ne Fh Ae A Oe : Sinsiait Cosymor Sic Erie Greene Cannanea Hupp Liggett & MB A Cenheer United Cigar Stores Bakite Cs West Pieg BUGEC Vickel Lorillard Sss West Kuz STATE Farm Board Senate Agricultural Committee Gould and Gillett P. C Chicago Grain Essex Jefferson Motor Company C. F. Lewis Greensboro William Ben Dr. Williams Willorbrook James Little High Point Pat O’bryant Rev. FE. J. Harbison Sue J. C. Payne Sophia Johnson Kate J. W. Johnson New Brunswick N. J Peggy Braxton Craven Trinity First Rock W. F. Foy Boy H. O. Bryant Thomasville Drum R. B. Holton Mollie Queen Pearl W. H. Foy Franz V. Soolbadh J. Welch Harris Mark Kentucky Bob C. W. Chapman Heinrich V. Wallberg Earl Phillips Gretchen Adelia Hazard Gito J. E B. Foster North Carolina State College Raleigh Reid Mendenhall Charlie Kearns Garland Blair EB. C. Byrd C. C. Covington B. F. Crutchfield Jersey Clover Hill Guernsey Mendenhall Brothers Lindale Dairy T. Pp Kimrey Mills Lindale Blair’s James Davis P. M. Davis Rexal Drug Store Rexall M Fletchers Castoria Nural-glene Ree Store Rexall Glovers Mange Glostoria Woodburys Woodbury's Lucky Tiger Liggetts Rayvmons Ingram Shayvine
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