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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 10, 1931
Page
7
Bargain houses on Johnson, Bridges, North Hamilton, Cedrow, East Circle Drive, East Lexington Avenue, West Farriss Avenue offer six to eight rooms. Prices range from 2,500 to 7,500 with small cash down and terms at 6 percent. Amos Realty Co. 301-302 Wachovia Bank Bldg. Phone 4392.
Cotton futures opened 1 1 2 to 2 points lower amid a large crop estimate from the agriculture department. Liverpool weakness and heavy selling pressured October to about 6.70 and March to 7.26, with intraday lows near the lowest levels since the late 1890s. Short covering provided some relief, but overall sentiment stayed bearish as liquidation spread. North Carolina leads the nation in minute care on bedroom and dining room furniture.
Mrs. W H Johnson of Lexington grows enough string beans for a meal at once. Her niece Miss Mable Stones of 185 North Hamilton Street brought a long bean to The Enterprise this morning. The display specimen measures 25 inches end to end and contains 28 beans.
John Jackson pleads guilty to assault with deadly weapon and is sentenced to 12 months on county roads but leaves the woman in police custody while officers investigate both charges including a possible murder link in Winston-Salem. The docket lists multiple minor offenses with fines and probation, including prohibition, disorderly conduct, and traffic cases.
Stock of the Emily Shop, with Thomas J. Gold Jr named receiver, would be sold for 275 dollars to M. Friedman of Winston Salem under a recommendation filed in municipal court. Court approval has not yet been granted.
Declining world cotton prices dampen the financial outlook as stock trading remains light. A U S Steel tonnage report, a strong railroad weakness, and a higher than expected U.S. crop estimate of 15 584 000 bales drive cautious sentiment despite a firmer midday.
Cotton prices in New Orleans opened with sharp losses after Saturday's large government crop estimate and Liverpool decline. Early trading showed declines of 110 to 129 points with October around 6.76, December 6.95, January 7.10, while shorts pressed profits and later steadier trade emerged.
Local grocers donated nearly 500 pounds of sugar to aid Captain W H Long and J E Allman from Fire Station No 2 in preserving 100 pounds of peaches for winter relief. Long reported broad merchant cooperation with only one decline, listing Saturday donors including Happy Feed Store Lexington Grocery George Henderson Piggly Wiggly and others.
Dr Charlies Haddon Nabers speaks at First Presbyterian on Christianity triumphant in international and social relations. He cites three virtues of early believers out thought out lived and out died unbelievers as keys to modern victory and urges present Christians to imitate their faith.
Three minor blazes were reported yesterday and today with negligible loss. A gas can ignited at the De Luxe Diner at South Main and East Commerce. Tar barrels overheated at the Tomlinson Chair plant at South Hamilton and East Green. A grease fire at 1031 Tate Street, the home of Mrs. Maude Frye, prompted a fire call.
A preliminary hearing for Lola Harwood of Bryson City, a former state revenue employee charged with a $4903 shortage, was continued in ei y court until Wednesday or Thursday. Her attorneys requested the delay. Judge Wiley G. Barnes noted they would notify him of the exact day. Harwood, daughter of Judge John H. Harwood, was due to appear July 1 but illness postponed it. She is held on a $29,000 bond.
Weather on the life flight route to Nome delays takeoff as rain grips Nome and Point Barrow. The Coast Guard cutter Northland may reach them with fuel, ice south of Barrow recedes, and Barrow reports show clear movement.
The third week of the trial opened with the reading of letters between Colonel Lea Luke Lea Jr and others. The documents discuss buying banks to swap securities for cash and substituting Lea securities, with copies still to be entered and questioned.
A judgment for 383.85 against R. M. Collins of this city was signed for Colonial Life Insurance Company in municipal court this afternoon. It covers interest and a note due March 15 which the complaint alleged had not been paid.
Edward F. McGrady of Washington telegraphed to the North Carolina federation urging bold action against unemployment hunger and misery. The message said if governments and industries fail to meet obligations workers will not go hungry. Googe spoke in McGrady’s absence alongside local and state officials and other presenters.
H N Blake testified that C R McNeely said Translyvanna County borrowed 100000 on the advice of Brevard Banking officials who claimed the bank was in a perilous condition and needed the deposit. The bankers allegedly urged deposit growth to avoid losses as McNeely and others face conspiracy charges.
Joe Bryson, previously convicted in Tya dolph theft of 50 bushels of corn, a mule and a wagon, was re arrested at his father in law’s home near Archdale by Deputy Weed Hendrix and assistants Ben Morgan and Pearl Barnes. He offered little resistance before being returned to the Rangdolph chain gang.
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