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High Point Enterprise in High Point, North Carolina

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Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Dec 23, 1934

Page

11

Asphalt in University Heating System Delays Campus Work

At the state university near Apes Hill 15 000 gallons of asphalt stored in a standpipe leaked via steam heated pipes into radiators in the dining room infirmary and power plant. A valve was left open allowing steam to keep the asphalt liquid then shut off. As steam pressure varied the asphalt moved through pipes delaying heating as staff worked to flush the system and prevent further damage.

Apes Hill University of North Lina University Power House

Christmas Trade Shows Bright Spots Across Regions

The second Federal Reserve district reports better retail season than last year with 6 to 10 percent gains for some merchants. Philadelphia sees 20 to 25 percent ahead of last Christmas as toys and coats lead sales. Cleveland notes strongest trade in years aided by a $12 million bank payoff and $3 million gas refund. Youngstown steel runs at 45 percent capacity excluding holidays.

New York Federal Reserve Middle West South Dun & Brandsetreet Buffalo Philadelphia Cleveland East Ohio Gas Company Youngstown Area Cleveland-Lorain Richmond Federal Reserve District Reserve Bank Carolinas Atlanta Birmingham Chicago Commonwealth Edison

Trade activity across districts shows early Christmas pickup

In the Richmond and Atlanta districts, wholesale and retail trade rose with bank clearings and factory output indicating 1930s levels. Chicago retail sales surged toward record volumes, while St Louis holiday trade hit highs since 1930. Cotton and textile sectors planned curtailments amid inventories. Meat and steel output climbed.

Congressional Proposals to Curb Nation's Ills Unveiled

The article reports on new federal plans including a $3 billion refinancing of farm debt via the federal farm loan system with 47 year amortization at 3 percent and a bonus scheme by Senator Thomas to cash soldiers' adjusted service certificates into negotiable none interest bonds.

Thomas Dokla

Also Mentioned on This Page

Phalt State University Nand Penney Fellows Cppemlilea J.c.penney Co. Inc Cole Carolina Motor Club Struthers Burt Southern Pines North Carolina James R. Cain Columbia B. B. Britt Garner N. C J. Bast Boee Graham Mary M. Moore J. D. Moore Clinton N.C Lara Williams Autryville W. C South Carolina J. EF. Grace Lyman S. C S. L. Colthrop Fort Mill P. P. Hurst Chesterfield S.C St. Louis Kaywoodie Pipes, Frank Reason SLE Whitman Gift Headquarters Westinghouse Toasters Ingersoll Granger Tobacco Pound Canamas Williams, Cotys, Mennens, Woodburys Hourigant Parkette Parker SON Cigar Harriet Hubbard Ayer AGFA Ansco Kodaks Coty’s Perfume D'Ermay Congress
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