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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 29, 1931
Page
7
New York equities showed little swing as trading remained choppy with several heavyweights like Beth Steel Seaboard Oil and Sears Roebuck contributing to a narrow price range. Banks and utilities traded in tight margins while investors watched for further guidance from earnings reports and economic data.
The annual meeting of the stockholders of the Commercial National Bank in High Point North Carolina will be held in the Directors Room on Tuesday January 12 1932 at 10 a m for the election of Directors and other business as may come before the meeting. Respectfully Co H Marriner.
MEETIN G stockholders of the High Point Savings and Trust Company High Point N C will be held in the Directors Room of the Bank Tuesday January 12 1932 at 2 oclock p m for the election of Directors and the transaction of ED L RAGAN Secretary and Treasurer
Family thanks friends for kindness and sympathy during their mother’s illness and daughter Eva Maxine Hill’s death. Appreciation given for floral designs and support.
Mr and Mrs Arthur Harrison returned from Knoxville Tennessee where they spent Christmas holidays with their daughter Mrs Charles Suplner.
In Lisbon on December 29 a frigid spell has claimed fifteen lives in the past several days. The harsh weather has left many residents in peril as authorities call for shelter and aid.
Cotton opened steady in New York with an 8 to 7 point advance led by far eastern buying. March at 6.44 and May at 6.64 showed modest gains as footing remained firm. selling was light and hedging limited, with Liverpool noting liquidation and weak demand for cloth goods.
U S Department of Agriculture figures show hogs at 37 000 with 2 000 direct and unevenly weak to 10 lower. Hog classes ranged from 4 15 to 4 75 for various weights while sows and pigs also shifted. Cattle and calves totaling about 9 500 show medium grade steers down 25 or more with bulls and vealers steady. slaughter cattle and vealers vary by weight. Sheep about 15 000 with lambs steady to higher in parts and ewes lower. feeding lambs also listed.
Omar Cannon, brother of Jack Cannon the Notre Dame football star, is viewed as a rising talent on Franklin and Marshall College wrestling this winter. He is regarded as one of the most promising candidates on Uncle Mayser's squad in Lancaster.
A county tax summary shows about 82 percent of Guilford taxes fall on High Point Gilmer and Morehead townships plus railroad and telephone firms. High Point township bears $427,756.27 in tax and 4,149 polls, with 274 negroes, while totals across Gilmer and Morehead and corporate excesses are itemized along with dog and poll counts and school fund allocations.
Governor Gardner states North Carolina will stand alone and pursues retrenchment after the war. He cites road tax reform shifting gasoline funds to local roads and a state takeover of country roads. The Local Government Act promotes local self-government, boosting county and town credit.
Charlotte police will start under desk sergeant Eloise Brown on January 1. She will oversee all prisoners passing to the city jail and broadcast orders from a glass desk, keeping her finger on potential crimes. She will also clerk records for J M McLaughlin. Hours 7 am to 3 pm.
Mrs C. M. Billings age 30 of Norfolk Virginia a language professor at Chowan college Murfreesboro North Carolina died in an Indianapolis hospital yesterday of pneumonia and complications. She held an AB from Adrian College and a masters in romance languages from the University of Michigan. She previously taught at LeGrange College Missouri.
Chicago grain prices moved upward early as securities steadied and Argentina cited a wet harvest. Unseasonable US winter wheat weather supported gains while wheat on ocean passage dwindled to a few weeks supply. Corn and oats followed wheat firmness. hog values edged lower.
In New Orleans on December 29 the cotton market shows a steady to firmer tone. March advances to 6.39 and 6.44 at noon, May to 6.57 and 6.61, July to 6.73 and 6.77, with buying modest but prices holding near early highs.
A 1932 budget memo outlines looming revenue shortfalls of about 3.5 million and confirms no further borrowing. It notes departments face tight allotments, with the third quarter about 40 percent below prior appropriations, and emphasizes maintaining cash position across the general, highway and agriculture funds while avoiding cuts to debt service, schools or pensions.
The Chamber of Commerce notes High Point avoided severe 1931 downturns. Manufacturing faced profit struggles but retained most workers. Diversified industry, strong banks, new merchants, and steady housing progress supported a solid, forward looking 1931 with plans to strengthen finances and lead as clouds lift.
High Point Monarch club to install new officers tomorrow at 7 p.m. during a banquet at the Sheraton hotel. Ceremonies include brief addresses and a dance with wives invited. officers to be installed include Henry Grady Owens president H. M. Bryant first vice president A. H. Holton second vice president F. R. Allman secretary treasurer Joe Snider assistant secretary treasurer Elmer Hedrick sergeant at arms.
A Greenwood coroner jury found no one at fault in a head on collision that killed Ben Frazier Oliie Davis and W. W. Atkinson and injured four others. Earl Martin a postal clerk and J A and Boyd Strickland survived but had no memory of the wreck in foggy conditions.
Mrs Annie Lanier files for absolute divorce from Lacy C Lanier in municipal court claiming marriage on December 16 1917 and separation since January 1 1931. One child Dorothea aged 12 resides with plaintiff. Separate note lists a legal services bill of 450 dollars with 250 claimed as due for Pea cock and Dalton.
Mary Ruth Underwood died at her parents home 104 Culler Street shortly before 11 last night born December 23 1931 in this city illness began Sunday She is survived by E J and Martha Hunt Underwood five brothers Roosevelt Roy Harvey William and Robert and two sisters Mrs Lora Steed of Thomasville and Annie Underwood Funeral services were held this afternoon at 2 at Highland M E Church conducted by Rev C F Womble with interment at Bethany Church near Worthville.
A small fire. started in the basement of the Standard Drug company in Asheboro shortly after midnight. Firemen suppressed the blaze with minor stock damage and no building damage. The origin appeared to be the furnace room area.
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