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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Dec 30, 1929
Page
5
A man charged with hitting a car and failing to stop escapes punishment after explaining he pursued his wife in another vehicle and knew the other motorist was unharmed. Judge Teague suspended judgment, allowing him to go.
The Associated Press reports a year end readjustment of speculative accounts causing irregular stock moves. Prices rose at open then fell mid day as copper rubber and merchandising issues declined. Tax selling influenced the day, with some gains eroded before afternoon. Bankruptcy petition filed against Stutz Motor Car Co. of America adds to the day’s business developments. Ford plants reportedly expanded payrolls amid broader industrial news.
The annual stockholders meeting of The Commercial National Bank in High Point North Carolina will be held in the Directors Room on Tuesday January 14 at 10:00 AM for the election of a director and to transact other business as may come before the meeting.
The annual meeting of Piedmont Building & Loan Association stock holders is set for Monday January 20 1930 at 7 30 p m at the Wachovia Bank & Trust Company office. Election of a Board of Directors for the coming year and other business will be discussed. Secretary W C Idol.
Mrs Jack Lewis of Henderson has learned by telegram that her proposed name Airlene Zepherine for the baby born aboard an airplane has been accepted. The infant is the daughter of Dr and Mrs Thomas W Evans of Florida.
Trading showed firm call money at 6 percent with hints it will not rise despite year end currency needs. Kennecott led copper pressure, others held footing as copper producers maintained 18 cents per pound. Sears Roebuck slid then rebounded, rubber stocks fell, and industrials like GE Westinghouse Detroit Edison rallied before a mid day reversal.
The annual meeting of stockholders of the High Point Perpetual Building and Loan Association will be held in the Commercial National Bank directors room in High Point North Carolina on Thursday January 23 1930 at 730 p m to elect directors and conduct other business as may come before the meeting. C H Ellis secretary.
Owing to year end and a Wednesday holiday, New Orleans markets opened easier with May futures at 17.55 and March around 17.30. By noon, prices edged near lows with light trade. cotton closed steady with net declines of 5 to 6 points. Cattle and hog receipts were heavy with mixed to steady slaughter quotes, while sheep and lamb markets showed softer openings and uneven demand.
The New York cotton market opened steady with marginal gains then eased slightly as near term couvrirng reduced selling pressure. March around 17.39 and July 17.80 after first half hour with activity limited and prices mostly unchanged at midday though small offerings were absorbed by trade and covering.
Chicago reports receipts of 97 carloads on track 196 total U S shipments with 869 Saturday and 24 Sunday. Market firm and trading good. Wisconsin round whites 2 45 to 2 65, Minnesota and North Dakota 2 25 to 2 40, Red River Ohio 2 60 to 2 65, Idaho russets 2 85 to 3 10, fancy 3 15 to 3 25.
A historical reflection notes that three colonial coffee houses in Boston New York and Philadelphia helped spark the American Revolution. It contrasts their lively hubs with today’s 3000 plus coffee shops while highlighting enduring appeal for leaders and thinkers amid modern economic and social questions.
A historical account traces how coffee houses in Boston New York and Philadelphia became hubs for patriots and rebels. It describes the Boston Massacre crowding the Green Dragon and Bunch of Grapes, the Merchants’ Coffee House in New York where figures like Jay Livingston and Hamilton gathered, and how these venues hosted discussions plans and news that fueled revolutionary action.
New York December 30 The National Football Coaches association rules committee headed by Glenn Thistlethwaite urges ending the point after touchdown stating it fails to balance scoring. An analysis of 487 games shows many scores rely on a single play for the extra point, prompting likely action by delegates today.
All banks and city offices except emergencies will close for the day in observance of New Year's day. The public library and related offices will also be affected, with the announcement issued this morning.
James Johnson proprietor of the Broadway cafe on South Wrenn street was injured at 1 30 this afternoon when struck by a car driven by Donald Headon of Myrtle Desk company at the corner of Wrenn and Washington streets. He was taken to Guilford General hospital with a shocked condition and head and face cuts. Johnson was reportedly en route to visit his sick wife.
Greensboro police questioned Lacy Herbin a negro barber in the Stafford death case after blood was found on his car. Stafford’s body was found on a suburban road and appeared struck by a vehicle. The abandoned car was located a mile from the crime scene as Herbin denied driving it last night.
In Edenton on December 30 fire razed the Tynch homestead at Rocky Hock. Owner S. M. Tynch and his family, including his blind mother, escaped with only their nightclothes, losing all possessions. The property is tied to the Bleachbeard Teach legend.
Births in Canada during May 1929 totaled 20 230 versus 21 046 in May 1928. The figures compare annual births across the country, indicating a slight decline year over year.
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