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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 24, 1935
Page
11
Snowbound and purse bound trading delayed in New York markets on January 24 as wintry weather kept customers away. Stocks showed modest declines with no strong pressure. grains and cotton were dull with unclear directions. bonds remained quiet and a touch mixed as European currencies fell against the dollar.
In a four story stairwell gun duel in an Atlantic City hotel, Harry Campbell and Alvin Karpis evaded detectives and fled from Florida authorities. A wide manhunt ensues as the two remain at large. Separate market notes from Chicago report butter and bees prices and current receipts.
Market listing shows several notable movers including United Gas and Imp and Allis Chalmers with varied shifts. The report notes changes across the U S Industrial and other sectors as trading proceeds.
One of High Point's sweetest events brings more than forty children to the Paramount Theatre stage tomorrow at 8 30 PM The Tiny Tot Revue features five valuable prizes including a loving cup title Little Miss High Point a diamond ring and a gold lavalier and locket Handsome signet rings will go to the most charming little boyes N A list of participants is given with names such as Sharon Nicholson Mary Jo Ryan Joyce Runge and Ann Fleming Whitesell plus others.
Lucile Huggins by her next friend sues Elizabeth Oakes and George F Edwards seeking 15000 for injuries after a North Main street car collision. Edwards car driven by Oakes, who testified she did not strike the plaintiff but arrived after the crash and parked nearby. Trial began Wednesday, evidence finished yesterday, verdict expected today as civil term moves slowly toward Saturday adjournment.
New York cotton opens steady with small gains and declines across near and distant months. January opens at 12.43, paring to around 12.49 as July trades near 12.54 while March and May advance modestly.
The New Orleans cotton market opened steady with overnight buying activity. First trades were unchanged to one point higher, but early trades in the first half hour slipped about two points, leaving the market about one point higher to three points lower than yesterday's close.
The stock market opened in New York with a slightly irregular but quiet start. American Telephone and American Tobacco eased while U S Steel Pennsylvania and Standard Oil of New Jersey traded about even.
Movement of leading stocks in early New York trading shows mixed results. Am AO Chem Del slips, Am Tel and Tel declines, Crown Or k and Gen Elec edge down, while Corn Prod and Deere show small gains. U S Steel and Pullman rise, Food Mach gains, Pac Light Line slips, Woolworth declines.
The New York market reports easy foreign exchange with Great Britain at 4.88 percent, France at 6.55, Italy at 8.48, and numerous other nations quoted in demand and cable rates. Also listed are cross rates such as Argentina 32.60 and Tokyo 28.50 with various city parings and local currency values.
A collection of local auto repairs and services advertising glass replacement by Poovey and A. H. Motor Co with 24 hour wrecking service. Also Carolina Auto Supply, watch repairing at The Watch Shop, Gillette Tire guaranteeing months, and Gillette Tire ads noting credit options and contact numbers.
Dr John Stewart Bryan president of William and Mary College and publisher of the Richmond News Leader spoke at the opening of the institute. He warned that European papers lack advertising revenue and warned free thought and strong leadership in both colleges and the press are vital for honest journalism and regional benefit.
Mothers are requested to bring tots to the theatre between 7:30 and 8:00. They will be directed to the stage and after the revue will join their folks and friends as guests of the theatre.
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