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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 27, 1936
Page
8
Babson argues prosperity rests on balanced industry, honest wages, and moral choices. He warns that 1937 could see clashes between employers and workers if profits drive greed, urging peaceful arbitration, family stills, and Christlike honesty as the test of lasting prosperity.
The holiday mood left markets leisurely yet confident as trade and production reports colored Wall Street. Bonds gained slightly after plans for sterilizing gold imports and credit expansion. Commodity prices rose, while labor unrest lingered in some sectors, though auto plants saw resolutions in strike activity.
Dr J H Stallings state Soil Conservation Service in High Point says erosion is man made and accelerating. He cites 457 million acres at risk 200 million impoverished and 51 000 acres abandoned in Forsyth Guilford Randolph counties with 2 500 people displaced.
Pattern 9062 offers colorful frocks for mid winter calendar occasions in wool, cotton or silk. Sizes 12 through 42 with a 23 8 yard 54 inch fabric requirement for size 16. Order by sending 15 cents and write size name address and pattern number to The Enterprise Pattern Department, New York.
Libra, the seventh sign of the zodiac, is the only one named for an inanimate object among the twelve constellations.
Washington Dec 26 Informed sources predict a final checkup will show the Federal Reserve banks did not earn their 6 percent dividends on member bank stocks this year Declining government security rates have cut earnings with current rates averaging 2.25 percent down from 2.73 last year and 3.10 in 1934 The board may defer dividends or use surplus to pay them if earnings stay below the target.
Shelby reports Clyde R. Hoey governor elect will not announce appointments before January 7 the day he becomes governor. He will work on the message to the general assembly and meet delegations and individuals on public matters next week though fewer meetings than last week. He plans to go to Raleigh January 6.
Two Washington residents died and a third was seriously hurt when their car left U.S. Route 4 six miles north of Fredericksburg Virginia, plunged down a ravine and overturned early today.
The Loomis street graded school house a 12 room frame building in Chester burned early today with an estimated loss of 25000 dollars. The fire’s origin was not determined.
Booming holiday trade drives a week of strong consumer buying with higher demand for luxury and semi luxury goods. Dividend and bonus payments bolster spending while production dips short week. Steel and electric output stay near record levels as shipments surge and mills restock.
The car industry slowed as strikes at auto parts plants cut production to about three and a half days. Cram reported 76 989 output for the week vs 121 038 previously, with 1935 weekly output at 1 335 eara. Wheat futures in Chicago Liverpool and Winnipeg rose to seven year highs amid demand from Germany.
Dorcas H. Cloninger a 50 year old Lincolnton businessman died after being struck by an automobile while crossing the street in front of his home. Police report the vehicle was driven by Gerald Rudisill.
Andrew Jackson post plans a New Year's Eve turkey dinner with dressings at a hotel banquet room. Commander J B Thomas leads an informal party inviting members and wives, with midnight confetti and capes. Committee members include Lyon Arden David Sharpe and Tally.
The entire North Carolina General Assembly will attend President Roosevelt's inauguration. About 120 House members and 50 Senators are expected to be present, with Governor Clyde Hoey also anticipated to attend. The event is organized in Washington with Representative Lindren in charge of arrangements.
The Altacama Desert is described as the driest place on Earth with record-breaking aridity and extremely low rainfall. Researchers note its hyper arid climate and minimal vegetation, highlighting its unique desert environment and harsh conditions.
Monday night event features Dee visitors and officers Oldham W M and Gubtr in attendance for the annual installation ceremony at the lodge, with members expected to participate in the ritual and reception.
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