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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 21, 1933
Page
2
Philadelphia hosiery traders report a more robust outlook with current orders and spring shipments expected to rise. Prices for some standard lines may be below cost, while upward moves appear likely on popular items. Easter demand and competition for finer goods shape the market.
W J Hutchison a 79 year old farmer and former Mecklenburg County Board of Education member died suddenly at his home near Charlotte. He had served on the education board and was known in local farming circles. Funeral details were to be announced.
May IL Burns as administratrix of Robert Burns estate sues F A Henley and Mra E B A Clark in Greensboro Superior Court for 30000 alleging heart patient Burns died after all his teeth were extracted on February 16 and 17 1932. The claim cites Clark nurse remarks and assigns responsibility for the treatment.
Albert H Myers 73 retired farmer died at his daughter Mrs Mose Workmans home 216 Gray Street Thomasville He had been in declining health Surviving are two daughters Mrs Workman and Mrs J W Lee and one sister Mrs Emily Ward The funeral will be Wednesday at 2 20 PM at Clarksburg M E church conducted by Rev R L Weat pastor of South Side Baptist church
Raleigh Davis 74 died at his home after a long illness. Born May 1, 1859, he was a Moore County native who lived in Raleigh for years. Surviving are five sons E B Davis, B H Davis, Richard B Davis of Salisbury, George Davis of Washington DC, C M Davis of Graham. two daughters Mrs A A Hall of Troy and Mrs J D Rollins of Randleman. Wife preceded him two years ago. Funeral from E A Davis residence tomorrow at 2:30 PM, burial in Unity Chapel Methodist Church Cemetery.
In North Carolina, deposits subject to check rose from 58,747,387.86 to 61,369,704.72 and savings deposits increased from 29,939,313.72 to 30,326,099.74 in Q4 1932. Bank resources climbed to 212,166,020.75 from 207,701,291.32, with one bank failure recorded.
Under the deed of trust dated December 16 1930 and recorded in Guilford County North Carolina the trustees will sell at public auction for cash on March 7 1933 at 12 noon on the premises in High Point the lands described as Lot 21 and Lot 2 of College Terrace.
Lexington mayor J A Smith reports Franklin D Roosevelt has referred the city's request for a Reconstruction Finance Corporation loan to Frank R McNinch for speedy action. McNinch promises quick attention as the city pursues funds to build a power plant. Also, Kinston records the death of J R Westbrook after a heart attack at 66.
A Columbia University study by Dr. Reavis Cox found tobacco rivals focus on advertising rather than price. The four major companies maintain uniform prices while vying for market share through ads, with non price competition believed to yield higher returns and deter price wars.
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