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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Apr 03, 1930
Page
11
Rev. James Moser of Burkhead M E Church in Winston Salem conducts revival services at Ward Street M E Church. The series began last Sunday and will continue through next week, announced by Pastor Rev. E M Jones.
Friends of Mrs F G Shaffer of 610 East Green street announce she is recovering after an operation at Guilford General hospital.
The New York stock market wavered under heavy lending of nearly half a billion dollars in mem ber loans but turned dull then rose as gains appeared across many issues. Amusement stocks led the advance while steel, chemicals and utilities showed mixed moves and several firms reported upticks in shipments and sales.
Liverpool cables were better than due. Cotton opened irregular but first trades rose then fell. May 15.93 July 16.06 October 15.54, down 7 to 10 points from yesterday. After an hour the market steadied near the lows. Futures closed steady with notable advances.
Tone pictures by Trudy and Milly from 6 45 to 7 15 p m and music by the high school quartet under L L Stookey from 7 15 to 7 45 will be broadcast by the High Point Studio of station WRNC tonight.
New York April 1 Cotton opened steady with a decline of 1 to 9 points as near months saw selling orders. May dipped to 16.23 and October to 15.53 while active months fell about 6 to 9 points amid liquidation and less active demand for old crop months. Liverpool cables noted covering in the market and further home trade sales of cotton cloths.
City Manager E M Knox says police chiefs will organize officers into YMCA classes with daily sessions at set times. Officers will receive healthful exercise and basic physical education including boxing instruction, not professional fighting.
Frank Reid a 21 year old of Statesville was convicted of manslaughter by Mecklenburg Superior Court for the fatal shooting of Dr R V Cloninger of Statesville last September The jury verdict was delivered last night but released today Judge Thomas J L Johnson postponed sentence pending later in the day Reid claimed self defense saying Cloninger threatened to kill him and alleged the physician was drinking and addicted to narcotics
President Hoover connects with President Campisteguy in a broadcasted ceremony. The message highlights Uruguay US cooperation in direct radio telephone communication and recalls prior friendly exchanges and visits.
Officials of the state auditing department report a shortage of more than $16,000 in the Oakdale Bank and Trust company. The bank's president and cashier S. N. Oakley attempted suicide after the shortage was discovered.
A New York World survey reports that in early 1930 business conditions vary by sector but show an underlying sound base. Unemployment declines and trade trend upward, with expectations of higher business volume later in 1930. Respondents credit actions by President Hoover and note tariff uncertainties as a constraint.
Senate debate on government operation of Muscle Shoals sees Senator Norris of Nebraska back the Cove Creek dam on the Clinch river Tennessee as flood control and navigation booster. The $31 million project would transmit power to Muscle Shoals and aim to make the Tennessee River navigable year round. Senator Vanderberg of Michigan calls Tennessees share of surplus power funds unconscionable, while Norris argues proceeds compensate tax losses.
Chicago reports broadening North American export business and drought complaints in the southwest west and northwest push wheat to its highest level since March 1. Europe reportedly bought about 2,000,000 bushels for transatlantic shipments from Canada and the United States, mainly Canada.
The North German Lloyd liner Europa arrived at Cherbourg from New York after a weather delay in the English Channel. The ship set a westward trans Atlantic record earlier, finishing in 4 days 17 hours 6 minutes, 18 minutes faster than its sister Bremen.
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