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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 21, 1934
Page
9
New York stocks closed with net gains after a volatile session on Saturday financial activity was heavy with 1 964 440 shares traded the largest weekend total since July. Bonds showed general improvement while steel and utilities supported the bull case and rails dipped on a mixed outlook.
International mystic Sinnett begins a seven day engagement at the Paramount in High Point direct from Southern engagements. He promotes applied psychology and metaphysics while denying ties to mentalists. He cites notable predictions and mentions interviews with President Harding and a special audience with the Prince of Wales. Sinnett will answer fifteen reader questions daily during the shows.
New York traders saw sharp declines in cotton with liquidation and selling pressure from warehouses tied to southern interests. Prices fell from 11.51 to 11.34 in late trading, closing near the day’s lows with declines of 8 to 12 points.
A reader letter argues against a seven billion dollar federal budget and rising taxes, warning that spending is wasteful and citing Roosevelt and party platforms. The writer contends government expenses must be cut, urges abolishing useless commissions, and fears a slide toward socialist policies mirroring past promises.
A fragmented page shows numerous company names and percentages, hinting at a stock market roundup. Pages include firms like Johns-Manville, DuPont, Westinghouse, Woolworth, and United Aircraft with varied gains and losses amid a broad market snapshot.
Professor B. G. Hastings argues in Why All Milk Should Be Pasteurized that certified milk has misled the public for 25 years. He says pasteurization kills disease organisms in milk at 142 to 145 degrees F for 25 to 30 minutes without harming nutritive value.
Sale notice lists 110 acre tobacco and grain farm with house and dairy barns. Contact Carl Armfield in Jamestown. Also advertised Chrysler auto parts numbers 75 65 60 73 63 68 from Used Auto Parts Co. at 813 Lexington Ave Thomasville NC.
In Lexington on January 20 approximately 550 Davidson county tobacco farmers have signed contracts for the tobacco control drive. The pacts limit the 1934 and 1935 crops, shaping the county’s tobacco program as the campaign nears completion.
Lexington plans a presidential ball on January 30 to observe President Roosevelt's birthday. Mayor J A Smith named Tom Dickerson ball chairman and a civic committee will assist in event planning.
The state will seek parole for J. W. Norman, convicted in High Point Municipal Court on October 29, 1933 for careless driving and sentenced to road work for at least eight months. Protests to the Commissioner of Paroles are invited by January 21, 1934. Bruce H. Carraway signs as official.
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