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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Aug 07, 1938

Page

7

Bankruptcy Threats Fade As Railroads Show Upswing

Roger W. Babson notes a shift from near bankruptcy to revived railroad prospects. He cites freight carloadings climb from June lows toward 600000, potential $485 million in yearly savings from rate hikes wage cuts and efficiency, and possible profits amid reduced deficits, with continued cost controls and staffing adjustments.

Professor Beware Returns Top Comedian Harold Lloyd at Paramount

Harold Lloyd returns to the Paramount Theater in Professor Beware a comedy about an archaeologist seeking work. He teams with Raymond Walburn Lionel Stander William Frawley and Phillis Welch in a cross country misadventure with a desert night and a jail miscued wedding ending with Lloyd marrying an heiress to dodge the law.

Paramount Harold Lloyd Paramount Theater Professor Beware Lloyd Raymond Walburn Lionel Stander William Frawley Cora Witherspoon Phillis Welch Miss Welch New York Stander Walburn

Selecting a wooded lot for a shade tree home

The article warns that many fine homes sit on treeless lots and urges choosing a wooded site. It notes trees take decades to mature, forecasts only about ten percent survive to maturity, and cites risks from injury pests and storms. It also advises selecting desirable trees and planning to avoid sacrificing mature trees for construction.

Waa

Investor caution as railroad securities rally projected

The article argues that potential savings could allow carriers to pay bills and interest, easing fears of receivership for now. Yet it warns underlying long term problems persist, advising investors to trim railroad holdings while prices rise and avoid a crowded exit.

Analysis Shows Mixed Weekly Uptrend In U.S. Business

Washington analysts say the nations business showed a gradual gain with no standout developments. Steel and railroads strengthened while auto production fell to a 1938 low and consumer goods held steady. Wall Street gains and rising inventories hint at cautious optimism for fall trade.

Thomas FE Flanagan Washington Consumers Goods Wall Street Othr Facta Commerce Department American Iron & Steel Institute Pittsburgh Ward Association of American Railroads

Savings Advance For New Homes

The Federal Home Loan Bank board announced advances by savings and loan associations for purchase construction and improvement of homes total $63,536,000 in June. This is 2 percent higher than May and follows a rebound after a winter dip. June 1937 loans were $78,667,000 and June 1936 loans were $57,462,000.

Washington Federal Home Loan Baok Board Savings and Loan Associations

Ruth's Adopted Daughter Progresses In Hospital

Babe Ruth’s 22-year-old adopted daughter Julie showed improvement in the New York hospital while Ruth himself remained too weak to autograph items. Ruth had donated a 50 cubic centimeter blood transfusion for Julie the previous day as a motor cycle police escort escorted him from Ebbett’s Field where he coaches the Brooklyn Dodgers to the hospital.

New York Babe Ruth Julie Ruth Ebbett's Field Brooklyn Dodgers

Ohio May Lose Pension Help

The Social Security Board announced it would investigate whether Ohio should be cut from the old age pension list due to alleged political activity by Governor Martin L. Davey and H. J. Barrodin chief of the state's 41 division of aid for the aged. The board said Barrodin had appealed to pension recipients to vote for Davey, citing a letter found with pension checks and a similar recall letter regarding Davey’s role in securing funds.

Washington Social Security Board Ohio Martin L. Davey H. J. Barrodin Davey Berrodin Wan Boredin

Florida Governor Cone Recovers From Heart Attack

Jacksonville report says Governor Fred P Cone was removed from an oxygen tent after a coronary thrombosis on July 29. Dr Stanley Erwin stated the condition is good and recovery should continue without complications, with a return to Tallahassee in a few weeks.

Jacksonville Fla Stanley Erwin Fred P. Cone Florida Cone Erwin Tallahassee

Mechanics Warn on Driving Habits Hurting Fuel Economy

Experts note that dragging brakes excessive choking high speeds and engine racing while idling waste fuel and harm economy.

Also Mentioned on This Page

Babson Roger W. Babson Abson Park Maes Beard Railroad Treasuries Salem ST Theatre Thomasville Michael O'Halloran Warren Hull Wynne Gibs June Travis Ricardo Cortez Phyllis Brooks Mary Astor Richard Allen Jack Luden High Point Charlie McCarthy Adolphe Menjou Andrea Leeds Edgar Bergen Walt Disney Cartoon Donald the Duck Donald George Murphy Ann Sheridan Paramount News Events F.C. Thomas Leonard Dry Cleaning Coming North Main ST South Main Street North Main Street
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