Pp. M. Stocks and Market Notes
Fragmentary stock market column with scattered figures. The text includes references to percentages and prices but is largely unreadable, offering only hints of exchange activity and generic notes.
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 08, 1932
Page
15
Fragmentary stock market column with scattered figures. The text includes references to percentages and prices but is largely unreadable, offering only hints of exchange activity and generic notes.
North Carolina high court decides the revenue commissioner cannot withhold a license from a car for hire operator solely for lacking proof of ability to respond to damages. The ruling affects about 2,200 operators and reverses Wake County decisions.
Berlin reports quote a Nazi official saying Adolf Hitler would back extending President Paul von Hindenburg’s term by one year in exchange for key political concessions. A Bruening Groener Hitler meeting discussed this amid Lausanne and Geneva talks.
High Point Life Underwriters will hold a regular meeting in room 809 at the Commercial Bank building tonight. Plans for a January 21 special insurance program to observe National Insurance Day will be discussed. An explanation of a display poster at a local hardware firm will be given. All full time agents are invited.
Faucett is described as the longest little town in the country with a block wide and a mile long, using a three mile highway as its main street. The business district spans three blocks while homes line the highway for convenience.
Manufacturers record shows orders and expanding operations across several firms. Allie Chalmers Mfg Co orders worth 750000 from a railroad plus earlier 1000000 in equipment, while Dixie Pine Products resumes full time work. Acme Mfg Co reorganizes after 50 years, with 150 jobs added. Freight and power sectors report gains and rising rural electrification.
J W Abel aged 43 of 520 North Hamilton street died at a local hospital after months of illness. Born May 10, 1888 in Pennsylvania he lived in High Point and Greensboro for four years and worked for A & P and Home Grocery. Survived by wife Pearl Drummond married June 1929 and a daughter from a former marriage plus two sisters in Pennsylvania. He was a Methodist church member. Body taken to Sechrest Funeral Home awaiting relatives for funeral plans.
In Chicago on January 8 a court dispute over Patsy Aquino the police dog ends as the dog becomes a mother. Mrs Dagmar Simon and Frank Tsione each claimed ownership. Patsy will remain with Tsione while the pups go to Mrs Simon.
New York stocks moved higher for the third consecutive session though volume was light and profit taking briefly checked gains. Copper and rail shares led, with Kennecott American Smelting Cerro de Pasco up about a point, Union Pacific and Southern Pacific up a point, and General Motors showing early sales strength.
Joseph Warren Fordney long‑time Michigan congressman and co author of the 1921 Fordney McCumber tariff died at his Saginaw home at age 78 after months of illness. He served 24 years in Congress and led the ways and means committee. He championed the soldier bonus bill and built a business fortune from lumber and milling before entering politics.
A man named Respus, awaiting execution, enters the death chamber without delay and calmly surveys witnesses as his spiritual advisers ask if he is ready to go. The report mentions C Deskins, principal of Sumner Township School in Guilford.
The execution followed the murder of nine year old Vera Leonard, a pupil at a local school. Deputy Murray Benbow aided in tracking and arresting the defendant as a key witness. Warden Honeycutt disclosed that James Respus, 25, son of the condemned, is serving 20 to 25 years for manslaughter in the Stokesdale prison camp after being sent up from Northampton county in 1925.
The piece mixes a lively hotel scene with an odd elevator outburst over the word five and reflections on advertising's role in boosting retail and industry in 1931. It cites Atlantic & Pacific's sales, advertising increases, and notes U S actions on Manchuria with nine powers pact signatories informed.
A call to business men to boost advertising and sales action to overcome fear and unemployment in 1932. It argues eight in ten workers are employed, wages buy more now than two years ago, and hoarded money could circulate if merchants spur demand.
The ongoing inquiry involves Department of Justice agents, the district attorney, customs, prohibition detectives, and coast guard representatives. Bribe payments are not traced to specific liquor crews, with focus along the Long Island shore and figures like Vannie Higgins linked to runrunning. Higgins and others, including Long Beach officials, face federal prohibition charges with trial set for Tuesday.
Foreign Minister Eugene Chen invited the American and British ministers to confer with him in hopes of relief for China after the League of Nations failed over Manchuria. Chen denied rumors of a secret Sino Japanese agreement recognizing Japan's right to Manchurian territory. He told the United Press that.
The Hood System Industrial Bank in High Point North Carolina announces its annual meeting of stockholders in the Directors room on Thursday January 14 at 7 30 p m. The agenda includes receiving the president's report the election of the board of directors for the coming year and other business as may come before the meeting. Signed R R Ragan president.
A 50 year old director of the People's Bank and Trust Company and real estate holder, Daniel N. died after a train incident. His widow Miss Mary Jones and five children survive Jocile 18 at Converse College Spartanburg, Henrietta 17, Ruth 14, John Henry Jr 8, William Hills 6. He was a Halifax County native who long resided here. Inspectors found no blood at the scene and relatives discount suicide, citing no motive.
Dorris Bailey five year old daughter of Mr and Mrs Grover Bailey of Burnsville died after being struck by a truck driven by H W McLean of Biltmore. McLean is held without bond pending an inquest.
Annual stockholders meeting of the High Point Perpetual Building & Loan Association will be held in the directors room at Commercial National Bank High Point North Carolina on Thursday January 28 1932 at 7 30 p m for amending the By Laws to speed business and pay withdrawing members a portion of profits when earnings rise and for election of the Board of Directors and other business as may come before the meeting Cc H Ellis Secretary
The annual meeting of the stockholders of the Commercial National Bank High Point N C will be held in the Directors Room of the Bank on Tuesday January 12 1932 at 10 a m for the election of Directors and other business as may come before the meeting. Cc ARRINER.
Stockholders of High Point Savings and Trust Company High Point North Carolina will meet in the Directors Room of the Bank on Tuesday January 12 1932 at 2 oclock p m for the election of Directors and the transaction of ED L RAGAN Secretary and Treasurer.
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