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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 22, 1931
Page
7
New Orleans spot cotton ends steady with revised quotations as middling rises to 6.73 and receipts reach 445. Stock stands at 554,650. Futures finish with gains from 1 to 17 points led by Oct through July contracts with mixed highs and lows.
Cotton opened steady with 10 to 11 point gains on Liverpool cues while December hover around 7.03 and March near 7.82 as week end covering and trade buying support gains. In Chicago corn tops markets while wheat retreats, and stock quotes show mixed performances across major names with no decisive shifts.
Tom Joyner discovered a watermelon with clear embossed letters in the rind. The Enterprise placed the fruit on display in a window, showing the letters ee rer and ent as reported by Anis Joyner.
New York August 22 The 20 year old aviator Elinor Smith hoped to depart for Europe by September 1 but her plane ground topped on landing at Roosevelt Field. Repairs will take several weeks as the wing and undercarriage were damaged. She was unhurt.
A fragment of the Wilmington flag that flew over Fort Fisher in January 1865, along with wood pieces, arrived at New Hanover County Museum. The items were donated by Mrs. C. L. McClung III of Pasadena, California, found among antiques from an estate. The cloth bears a label claiming it came from the surrender of Wilmington and a mill wheel fragment.
A fragment from Lustige Kolner Zeitung in Cologne notes a couple claiming they still like each other five years after marriage, joking that their quarrel yesterday matched their wedding day as a humorous reflection on marital spats.
Senator James Couzens of Michigan proposed to give Detroit 1 million dollars to supplement welfare work, with 9 million to be raised privately. He urged rapid action for unemployment relief this winter and suggested the funds be spent through the city welfare department or another agency designated by Mayor Frank Murphy.
In Austin Governor Ross Sterling would not call a special session to tackle the cotton issue until public sentiment favors action. He backs a New Orleans plan for a year long cotton growing holiday, saying farmers must push for any legislative move as Texas, a major cotton producer, weighs its next steps.
Fayet teville NC Aug 22 Flood stage 35 feet Cape Fear river at 39 feet and rising with banks reported breached 25 miles southeast of Fayetteville Neuse expected in slight flood before night none of the streams anticipated to cause major damage meteorologist Lee A Denson reported Neuse at 16 feet rising Cape Fear will rise to 3 4 feet above flood stage at Elizabethtown Rainfall totaled 2 34 inches in Tarboro and 1 5 inches in Greenville and Rocky Mount and 1 10 inches in Raleigh
New York news reports Jacob H. Schiff financier and philanthropist who died in 1920 left a net estate of 34,385,156 dollars per a transfer tax appraisal filed today. The bulk goes to his son Mortimer L. Schiff who died June 4 this year and to daughter Mrs Felix Wahrburg wife of the Kuhn Loeb head.
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