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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 23, 1930
Page
11
In Victoria British Columbia officials say government controlled liquor sales declined 15 percent in October 22 percent in November and a further drop is forecast. The Liquor Board considers closing some small stores in outlying districts due to falling demand. An unrelated note mentions England divorce case volumes.
New York stocks edged higher as selling eased and rail shares led gains. Major issues recovered with 1 to 3 point advances, while some fell early then rebounded. Auburn and Cas edged out of losses as department stores showed brisk holiday buying and banks reported holiday liquidity. Call money remained firm around 2 percent as year end demands weighed on markets.
Chicago grain markets reversed earlier declines with gains overall while May corn slid to 69 cents a bushel near the close, marking a new season low. Wheat saw speculative buying while corn faced profit taking in late dealings.
In Danville Virginia fourtee n striker families in Riverside and Dan River mill homes face eviction after writs of possession granted by Magistrate W B Griggs. Writs to be served after Christmas with hearings planned Monday for 33 mill families at Schoolfield and 15 arrested men in a non union worker attack case.
U S Department of Agriculture notes from Chicago market: hogs 34 000 head with 7 000 direct sales. prices mostly steady to down 10 cents on lighter weights. top 8 15 for 140 lb hogs. cash ranges listed across weight classes. Cattle and calves total about 10 000. vealers up. slaughter cattle and vealers prices shown by weight. stocker and feeder cattle quoted. Sheep 13 000. lambs steady to firm with top around 8 50. ewes and feeding lambs listed at various prices.
Off Kenitra Morocco the Italian sea planes started in groups between 8 and 9 am for Villa Cisneros and Rio de Oro as the next leg of their journey toward Rio de Janeiro. Weather was ideal for flying.
Holland maintains a school where children learn the secrets of windmill construction to keep the art alive in the country. The program trains students in design, woodwork, and traditional techniques to ensure continued expertise and heritage.
County and Federal officers estimate Christmas whiskey costs range from two to two fifty a gallon in Washington North Carolina. They say low prices reflect a depressed mood and that the illegal product is sold for four to five dollars a ton to bootleggers. Officers count about 200 stills in Beaufort county. The report ties crop woes unemployment and tenant-farmers’ failures to a rise in illicit distilling and lower contraband prices.
A sprawling list of stock quotations shows Adams Mills and Am Cola among leaders with double and triple digit percentage changes. Major names include Coca Cola, General Electric, Gen Motors, Westinghouse, IBM, Packard, Allied, Penn RR, and Union Carbide, reflecting wide market activity and varied gains and losses.
Berlin date line reports 278000 more unemployed and total 3977000 in the first half of December. The figure shows an increase of 1600000 since January 15, 1929.
French manufacturers report strong demand for small baby cars with several new units produced recently.
Raleigh December 23. North Carolina State College extension agent R W Graeber says buying a Christmas tree supports farmers and avoids stealing from others. He notes trees cost 65 to 100 cents and can profit cities while promoting frugal spirit and family values.
Raw sugar remained firm and unchanged as of 8:25 pm at duty paid deliveries with sales reported. Refined sugar held firm with demand described as hand to mouth and prices steady at 4:55 for fine granulated.
Riverside Trust Company and Pallotti Andretta and Company in Hartford were suspended by Bank Commissioner Lester E. Shippe after runs began in July. The actions followed sustained customer withdrawals threatening liquidity at both banks.
Bruce H. Carraway of this city will be Santa Claus to High Point men confined in prison camps on Christmas Day. He asks for donations of money, cigarettes, or fruit to deliver to the prisoners for about 100 local residents who have been jailed or placed on county roads.
Cotton opened easier on Liverpool cables with January at 9.60 and March 9.84, down several points. By midmorning prices steadied at the day’s lows, later recovering some, with January at 9.67 and March 9.93. futures closed steady at mixed earlier levels as notices loom for December and January deliveries.
Berlin reports Captain Ernie Lehmann believes four to five Zeppelins on a single line could enable practical trans Atlantic crossings within three days or less. He forecasts 40 passengers at 175 dollars each, with mail and freight revenue covering other costs.
Bar silver price quoted at 14 13 16d per ounce. Money rate at 1 percent. Discount rates for short bills 25 8 per cent, three months 27 16 per cent.
Cotton opened steady with a 2 point advance on old December before slipping. New January contracts rose from 9.57 to 9.64 as May moved from 10.13 to 10.20, with nearby months steady to slightly lower at midday amid light offerings and pre holiday covering.
Funeral services for Dolphus Taylor who died at his home on Peach Tree drive Sunday afternoon at 4 o clock were held this morning. A brief service from the home was led by Dr. Chas H Nabors of the First Presbyterian church. Services at Kernersville Friends church followed at 11 o clock conducted by Rev. H O Miller of Hilliard Memorial Baptist church. Interment was in Mt Guyer cemetery Kernersville. Pallbearers C L Leonard G C Bodenheimer W L Seigler Roy E Hilton George Thrift B W Smith. Flowers carried by Misses Henrietta Gypsy Pansy and Cynthia Thrift.
In Liverpool on December 23 the cotton market shows easier prices across grades. American middling fair 6.48, strict good middling 6.03, sales 2,000 bales, receipts 39,000 bales including 35,300 American, futures closed quiet and steady with December at 5.13, January 5.13, March 5.23, May 5.35, July 5.47, October 6.59.
Miami prepares for its Third Annual All-American Air Meet on January 8 9 and 10 inviting living world war aces from America and Europe who fought in the war to attend the event.
Sheriff C W Cornell organizes an airplane posse of several plane owners ready to assist in pursuing criminals, marking a shift from horse mounted posses to air support in the search operations.
The record notes that 5561 personal crisis reports were filed across the United States during 1928. This figure highlights the scale of public welfare reporting in that year, reflecting administrative activity and social concerns of the period.
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