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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 29, 1929
Page
4
New York cotton declines amid weekend liquidation and weather news. October faded to 18.57 while overall market closed with modest declines. Wall Street rose on expectations of easing credit, with Atchison and several utilities advancing to new highs and investors pricing in potential mergers.
Chrysler engineers report that the 65 and 75 models and the Imperial gain smoother rides through model specific springs tested for resilience and fatigue. Springs are mounted in rubber insulators rather than bolts, reducing maintenance and cushioning the chassis against road shocks.
Chicago poultry market held steady with prices unchanged as of June 29. Dealers and buyers observed stable demand across live birds in the Chicago area.
M L Dugan state superintendent of schools of Georgia was nominated to be Georgia director of the National Education Association. The nomination occurred at a Georgia group meeting during the NEA annual convention in session here. Election will be on the convention floor before adjournment.
The Phillies defeated the Giants 10 to 6 in the opener of a doubleheader in New York. It marked Philadelphia’s second win over New York in fourteen games this season. Chrysler engineers describe road testing of shock absorbers and rubber mounts, with final inspections on the finished cars at the plant to ensure proper operation.
New Orleans June 29 cotton market opened easy and eased in early trading as favorable belt weather held prices. After absorption of offerings, active positions showed net declines of 7 to 9 points, and the market closed steady at that level with futures down 7 to 9 points.
Chicago live stock numbers show cattle receipts around 100 with demand firmer for fed steers and yearlings. Hogs steady to higher on strong weights, with 180 to 300 pound hogs 10.70 to 11.25 and 130 to 160 pound cuts 10.40 to 11.35. Extreme top fed steers reach 15.65 while yearlings hit 15.50 and heifer yearlings 14.85.
U S Government Bonds closings list Liberty 314s 96.12 First 4s 99.1 Fourth 44s 99.13 Treasury 3s 101.5 Treasury 4s 104 Treasury 414s 107.18 St Louis cash grain June 29 Wheat No 2 red winter 1.28 No 1 hard 1.16% Corn No 2 yellow 95 9514 No 3 9444 No 1 9644 97 No 2 9614 97 Oats No 8 white 45 No 4 43%
Butter unsettled with creamery prices rising above 43 to 44 percent and scores around 92. Fresh eggs firm with grades including extra 32 to 33 and first 30 to 31 percent. Cheese prices steady across reported ranges.
Savannah Naval Stores on June 29 reports firm 4614 in turpentine sales 427 receipts 627 shipments 313 stock 16 963. Resin firm shows sales 2 577 receipts 2 380 shipments 2 469 stock 54. Quotations list several grades from B to XX with values.
Chicago grain and provisions dated June 29 lists Wheat No 5 hard at 10344, corn No 2 mixed 94 to %, No 2 yellow 95 to , Oats No 3 white 42% to 44% with No 4 white 40 to 41%, Barley 52 to 62, Cloverseed 15.59 to 23.50, Rye no sales, Lard 11.87, Ribs 13.75 and Bellies 15.00.
New York cottonseed oil closed steady with prices listed for prime summer yellow 9.55, prime crude 7.50 to 7.75, and futures for January to December ranging from 9.60 to 9.75. Trading volume reported at 3,400.
Chicago wheat opened up 2 1 2 percent and moved higher before pausing. Corn oats and provisions strengthened with corn up about 1 2 percent and then holding near its previous range as traders moved to buy in a brisk market.
Butter cheaper with creamery extras 4144 standards 42 and firsts 39-3914. First 0-40%6. Seconds 8714-3844. Eggs unchanged. Chicago market bulletin dated June 29.
Chicago reports a firm potato market with red stock steady and white stock steady. Oklahoma and Arkansas sacks rise to 2.75 to 3.00, Virginia Irish Cobblers mainly 4.75 with ranges 4.50 to 4.85. Wisconsin round whites 75 cents to 1.00 per cwt amid light trading.
Liverpool sees moderate demand for cotton with prices easing. American exports at 2 100 bales within 5 000 total sales. receipts at 1 000 with 100 American. Futures shown quiet with July 9.90 and subsequent months around 9.80 to 9.95.
Cotton seed oil in New Orleans on June 29 closed steady with prime summer values at 8.35 for yellow and 7.50 to 7.75 for crude. Futures quoted at 8.85 for January 8.55 for July 8.60 for August 8.70 for September with 8.76 noted for November and December.
New York on June 29 shows dressed poultry unchanged with live irregular offerings by freight 26 38 and by express 26 40.
New York stocks showed strong weekly gains as the bull market continued with record highs in railroad and public utility issues. High grade investment shares led advances with mergers and consolidations fueling optimism. Major gains came from American Water Works American Power and Light Consolidated Gas Columbia Gas and Electric and several power and light firms.
Washington June 29 President Hoover offered positions on the federal farm board to W S Moscrip of Lake Elmo Minnesota and C C Teague of Los Angeles Moscrip serves as secretary treasurer of the Twin City Milk Producers Association a large dairying cooperative group
Brooklyn Robins rallied to defeat the Boston Braves 4 to 3 in a afternoon game. W. Clark pitched solidly for Brooklyn as the comeback clinched the win.
In Brunswick Georgia a thirty day respite delays the July 10 execution of Homer Simpson and Malcolm Morrow, condemned to die for the Kingsland bank cashier slaying. The stay cites the illness of their counsel John W Bennett and schedules the new date for August 9. Simpson, once Cleveland Tennessee police chief, also wrote funeral directions to friends.
Petition for commutation to life imprisonment was filed with the prison commission by Death Row inmates Home Simpson and Malcolm Morrow from Glynn county. They were sentenced to death for the murder of A. C. land in Camden county after a Glynn county trial with a venue change.
Burleigh Grimes earned his 12th win of the season as Pittsburgh defeated Cincinnati. The Pirates shut out the Reds behind Grimes’ strong pitching in a June game.
In the first game of today’s double bill a standout fielding play by Cruz defined the early action. The brief featuring Cruz’s defense set the tone as the matchup opened with sharp plays and tense moments.
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