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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 21, 1937
Page
7
Directors of the newly organized North Carolina junior chamber of commerce will hold their first meeting in Raleigh tomorrow. They will discuss projects sponsored by the organization.
The clipping summarizes 1936 financials for various firms and markets. It lists stock sale totals and grain, cotton, and other commodity quotes alongside state insurance company statements with assets, liabilities, premiums, and reserve figures for companies like Agricultural Insurance, American Reserve, and related North Carolina filings. The data includes figures for capital, profits, losses, in force policies, and surpluses, with official certifications by insurance commissioners.
The Utilities Commission heard a clash over proposed intrastate rate increases for cotton shipments. Rail carriers seek a 5 to 20 cent per bale rise, arguing alignment with non interstate rates while Cotton Association and manufacturers warn higher costs would divert business to motor carriers, noting Cone Mills used 240,000 bales last year with 220,000 by truck and 20,000 by rail.
Utilities Commissioner Stanley Winborne returned from Washington where he attended conferences on removing rail differentials against the South. He reported on speeches by Senator Copeland Burke and White opposing Senator Black's Supreme Court confirmation, calling them weak and hard to hear.
The Raleigh woman known as Mother Ray died after a long illness. She remained devoted to veterans writing scores of letters to TB victims at Oteen Veterans Hospital from her bed. Thousands of veterans will mourn her passing.
Governor Clyde R. Hoey intends to take his first real vacation of the summer next week and will return to his home in Shelby after leaving Raleigh.
A passerby character named Bob Thompson hopes the speaker will take a real rest instead of daily speeches, though he doubts the plan will succeed. The remark captures public weariness with constant public appearances.
North Carolina gained publicity as the F E L Smoak murder case involving the death of his daughter was broadcast on a radio hookup Tuesday night, drawing mixed reactions over the portrayal.
The North Carolina Farm Forecaster reports farm product buying power on July 15 at 94 percent of pre war level, up from 93 percent the prior month and 93 percent a year earlier, published by the State Department of Agriculture.
Arthur Falk, newly named commander of the state highway patrol, remarked that some people grow with a pro motion while others simply puff up. He expressed a wish to avoid the latter.
Franklin Grove farmer B. R. Buck rigs a galvanized iron catcher on his car to sweep fields for grasshoppers. He lays collected hoppers in the sun to evaporate the gasoline and then grinds them into chicken and turkey feed.
In Hartford Connecticut Bernard Corona claimed $164 after biting a frankfurter that he said contained a metal piece. Judge Edwin M Ryan ordered damages against the butcher and a packing firm.
Z V Crutchfield appointed guardian for W H Snider owner of Snider Hosiery Mills as Snider is an inmate. Crutchfield, Guardian, will handle assets and creditors are asked to file claims. Court may authorize full or partial payment after inventory and possible audit. August 16, 1937.
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