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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 06, 1930
Page
7
Cotton opened steady with minor gains on weekend covering and light offerings. March around 10.74 with active months near unchanged as hedging absorbed by continental buying and trade, while shipboard cotton awaiting clearance stood around 133 000 bales.
The Chicago market edition notes stop selling today pushes corn about five cents lower than three days prior amid large receipts at Chicago Omaha and Kansas City with mild weather forecasts suggesting continued corn movement to market and a reduced feeding demand. Wheat oats and hogs show mixed to lower moves with slight declines across multiple contracts.
The stock market ended the week with a further downward drift in light volume. Rail shares fell to new lows with Erie at 25 1 4, Frisco down 3 points, and New York Central to a fresh low. Major issues including Allied Chemical and Eastman Kodak declined nearly 5 points while overall prices reached the day and week’s lows.
Spot small business done with prices down. American grades lead declines. Sales 2,000 bales, including 1,300 American. Futures closed steady with December 5.50 and October 5.98. No receipts.
The U S navy has adopted automatic inflatable flotation bags for its land planes to aid emergency water landings. Bags are stored in side fuselage compartments and inflate by pilot action to keep the aircraft afloat.
Rev. R. S. Farmer delivers both morning and vesper sermons on Healing Life's Chief Lameness and The Eddy Of The Stream. Prof. Hinshaw leads church school at 9 45 with graded departments. Children’s home to receive the day’s special offering. Junior church led by Mesdames Coe and Johnston at 11.
Dan M. Paul was elected president of the student body at North Carolina State College in Raleigh. He resides in Pane toe, North Carolina, and the contest featured active campaigning and speeches.
New Orleans cotton opened quiet with December and January bid unchanged and later months gaining 2 to 3 points in sympathy with Liverpool. Futures edged higher into government crop report anticipation, with January around 10.50 and March near 10.75 before closing barely higher on the day.
Rev. E. C. Roach, former pastor, will preach at Trinity Baptist Church Sunday night at 7 30. The public is invited to attend.
Erroll Elliott field secretary of the Five Year Meeting will preach at Central Friends tomorrow morning after the Sunday school and brotherhood hour at 9 45 A M. The service follows the union gathering at the church here for Thanksgiving.
Judge Shaw designates United Bank and Trust as permanent receivers for Mason W. Gant with Aetna as surety. Clerk A Wayland Cooke to return about $40,000. receivers to file property list by December 16 and manage funds under court orders. Possible bill to recover up to $225,000 plus pension-fraud adds. Minnie D. Gant’s death adds personal tragedy to case.
Emma May Lanning, daughter of Thad Lanning of Lexington, died in a local hospital from pneumonia after severe burns two weeks earlier. The report notes she had shown improvement prior to the fatal turn.
Senate remains in recess until Monday while the Finance Committee reviews nominations to the tariff commission. The House also in recess as the Appropriations Committee works on a 150 million dollar bill and the Agriculture Committee weighs drought relief measures.
Senator Nye's committee seeks sworn statement of all paid ads run in the Goldsboro News-Argus for F M Simmons Josiah Bailey and George M Pritchard during the recent primary and election. The inquiry asks itemized payments payor form of payment and timing. Bailey defeated Simmons for the Democratic nomination and later beat Pritchard in the general election.
In Scotland the conciliation board ordered striking coal miners to return to work immediately. Delegates voted to resume on Monday while dispute over the spreading schedule is adjudicated. Pay remains on the pre strike wage scale and colliery shifts are limited to eleven eight hour shifts in two weeks, a temporary truce lasting until the end of February.
In Rockville Centre Nassau National Bank distributes towels printed with a humorous quip about sad faced workers. In Washington a ladder for bulb replacement was in the White House executive offices during a cabinet meeting as Vice President Curtis, Postmaster General Brown, and Secretary Wilbur navigated near it.
In London the Poetry society hosted fifty descendants of famed writers like Pope and Coleridge. Not one produced a poem. In New York Herbert Hoover will appear on an 18 foot scroll as a member of the Old Guard, a group presidents have joined for sixty years.
El Dorado Kansas reports Harry F. Sinclair has paid dues and a $47 fee, restoring his license to practice pharmacy in Kansas which had expired in 1909.
A gallery collapse in Castrop-Rauxel left miners entombed for over a week. Hans Wienphal, a coal miner, is in hospital as rescue teams continue to clear debris. Milk, beef tea and air were delivered through a tube for 180 hours to those trapped.
In Lisbon Portugal a duel left Manuel Palma wounded a banker’s son. The Count Mafra’s son refuses reconciliation saying his honor was wounded beyond redress.
Four transients sought lodging in Oshawa and were jailed after being given the run of the jail. In their cell they found confiscated beer. One was hospitalized while the others remained imprisoned for theft.
Berlin December 6 Chancellor Bruening won a strong confidence vote as a nationalist and communist motion to overturn his emergency financial decree failed 293 to 253.
Rev. G. Ray Jordan, pastor, will preach tomorrow morning at Wesley Memorial church on the subject The Hero Within. There will be no evening service due to Rev. Geo. Stephens revival at the Tabernacle on South Main Street.
The Central Trust Co. trustee announces a re sale of property at 11 a m on December 18 1930 in High Point Guilford county North Carolina. The parcel includes Nos 1535 1537 and 1539 North Main Street with detailed boundary lines and improvements. A 10 deposit is required. sale subject to prior assessments. Nash and Daniel attorneys.
Trustee Central Bank & Trust Co. will sell at public auction for cash at 12 noon on December 29, 1930, at the Guilford County Courthouse door in Greensboro NC, the parcel known as 911 Grady Street Greensboro described by metes and bounds after default on J A Frazier and Emeline Frazier deed of trust dated August 24, 1927, recorded Book 582 page 348.
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