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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 18, 1937
Page
9
The Com-Index slumped to one of its largest drops on record, down over 3 points and 2.1 percent for the week, as confidence eroded amid price uneasiness and new legislation. Merchants and manufacturers retreat to the sidelines, awaiting clearer signals and market stability.
Operations sit near Recovery Peak while barometers such as lumber cut and crude oil output stay high. Retail trade dips from May levels but not severely, building activity remains above 1936 despite higher costs and weak confidence. Stock market dull. if unsettled conditions persist, the downtrend may extend into summer as forecasters bank on new crops to lift activity.
Guilford County real estate transfers list several tracts and small sums. Transfers include Maud D Davis to Robert Davis in High Point Township, and National Bondholders to Effie I Payne and David C Payne on East Green Street, plus multiple deeds in Jamestown and Gilmer Townships. Fields show tracts on Millcrest Drive Thurs ton Street and Howard Avenue with nominal sums.
R. M. Dick White president elect and James B. Lovelace past president of the High Point American Business club head to Cleveland Ohio as delegates for the national convention running today through Sunday. The heath hen may have joined the great auk as extinct.
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