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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 08, 1935
Page
2
Congress continues to debate how to fund the veteran bonus. Patman endorses the soundest method while Belgratto backs the Vinson bill funding the bonus from treasury funds without detailing the source.
The house ways and means committee concludes hearings on the administration social security program and will draft a final bill. A Denver lawyer reports 65 percent of Colorado voters support the Townsend $200-a-month pension plan. Congress is urged to back strict government control of commodity exchanges, while a special committee gains $50,000 for investigating real estate bondholders.
Senate leaders sent forward a measure proposing state owned stores manage packing operations while a separate House bill would require North Carolina goods purchases by the state unless cheaper sources are available. The session saw debates on Confederate pensions, execution limits, and a chain store tax plan with various square footage based rates.
Long defense case ends after 11 days with Hauptmann accused of kidnapping and murder. Key witnesses dispute alibis and ladder evidence while state tightens focus on Fisch and Violet Sharpe links and ransom handling. Jury sees cross examinations, expert wood matching, and alibi contradictions as rebuttal begins.
A period ad urges readers to consult doctors about constipation as the main illness cause. It touts POW-O-LIN as a new, scientifically blended remedy for dizziness back ache belching stomach trouble and bladder irritation with claims of rapid relief and affordability. It states POW-O-LIN is available at the M Cut Rate Drug Store No 1 in Thomasville.
New Orleans February trade opens with March contracts down two points and later months down one. Liverpool cables due but market waiting on gold decision. Morning activity limited to balancing commitments. March recovers one point to 12.20 as May eases.
Readable fragments indicate monthly price points with figures such as 12.97 for July and 12.39 for the last point, plus 12.29 for October and 12.29 to 12.46 range for December and January. Names and clear actions are limited, but the data suggests a volatile price movement across months.
Cotton futures in New York opened steady to lower as selling pressure and liquidations affected bids. March at 18.2 with May 12.37 and July 12.37, other months around 12.28 to 12.82. Spot price steady at 12.65 middling.
Food stalls feature broccoli and turnips as Bissell 8s outpace mash parsnips and cabbage in early trading. Local buyers show interest in fresh produce with steady demand for greens.
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