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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 21, 1930
Page
7
Secretary Harry F. Comer of the University YMCA addresses the Chapel Hill Rotary urging a state savings stamps plan with 6 percent interest for school thrift. He says schools would teach budgeting and thrift while stamps fund future college expenses, easing a rising demand for student jobs.
Washington reports May activity in the cotton spinning industry fell from April and compared with May last year. The census bureau shows average spindles operated at 83.6 percent capacity, with 197 hours per spindle in place.
The Polish postal service operates one unit for every 6309 residents, indicating a specific staffing density across the country.
In New York on June 21, 1930, stocks continued a three week slide despite a brief Thursday rally. U S Steel, Allied Chemical, and American Can hit new lows as bear selling dominated while public participation waned. Trading remained active with 2.3 million shares, and the close was down.
A jumble of stock figures and editorials lists numerous companies such as American Sugar, Coca Cola, General Motors, Penn R R, Phillip Morris, Union Carbide, United Aircraft, Westinghouse, and Westing Electric among others. The page shows prices, changes, and sector notes with broad market activity and notable nameplates.
The New York cotton market edged lower after a slight early rally, with July down to 13.58 and October at 12.91 as traders weighed easier Liverpool cables and favorable weather. Demand remained active but less brisk than late week, while foreign buying persisted but waned, and end of session trading showed nervousness with stop orders uncovered.
New Orleans cotton opened easy today with July at 13.25 and October around 12.45 as traders priced in a further London silver decline. By mid session prices eased to near the prior close and the market steadied slightly with declines of 27 to 36 points at final.
Chicago reports show a surge in newly harvested domestic wheat adding to large carryover from last year. Wheat closed 11 4-2 cents lower. corn down 1 4-1 38-8 cents. oats off 3-8 1 5-8 cents. provisions fall 12-60 cents.
National League leader Klein of the Phillies hits .414 with 84 hits and 40 RBIs while Frisch and Cuyler pace doubles and steals. American League leaders include Cochrane and Huns with 70 RBIs, Hodapp and Rice with 90 runs or hits, and Ruth with 22 homers.
In Raleigh on June 21 the Democratic Party organized precinct committees to name delegates for county conventions and the state convention in Raleigh on July 5. About 2,000 delegates are expected. the state has 1799 precincts and meetings occur in most areas where Democrats reside.
Bladen county officers began a murder probe into the death of Samuel B. Taylor a farmer who lived alone near Bladenboro after an autopsy by three physicians found he was killed. His body was found May 18 in a pig pen and had been badly decomposed. a prior coroner's inquest ruled natural causes. Taylor's brother died months earlier in a hog pen near Lumberton.
The account describes a troubling incident at West Rock in New Haven where victims were seized and hurled over a ledge. It notes Judge's Cave atop a volcanic rock formation that rises from the surrounding plain and mentions a World War II veteran, Spang, aged 35, recently returning from the Brooklyn Naval Hospital and employed by a manufacturer.
Yale closes another undefeated varsity rowing season on the Thames at New London Connecticut under coach Edward O Leader marking the fifth straight unbeaten year. Harvard won the two preliminary races for freshmen and junior varsity crews but fell decisively to Yale in the evening race.
The Rev George W Lee pastor of the George W Lee Memorial church in NPATESVILLE dies. Also reported is Charles S Tomlin, 69, veteran and banking president and department store VP in Statesville.
AP reports W. S. Jones, 76, a well known Silas Creek man, has died. Funeral arrangements were not immediately available.
Liverpool June 21 cotton prices ease across grades with American fiber selling 2,000 bales including 1,000 American. Spot receipts total 1,090. Futures close barely steady with July at 7.22 and December at 7.95, among others.
Executors of Dr. Owen-Smith deceased of Guilford County notify all creditors to exhibit claims to No 208 Parkway High Point NC on or before May 12 1931 or risk legal action. Debtors urged to pay promptly. Dated May 12 1930 Helen Owen Smith executrix.
Greensboro officials announce that W Harold Essex Eric W Rodgers and R L Binder resign from Greensboro Daily Record to join Chicago Daily Times Their moves follow the Record's sale to Greensboro Daily News by the Bryan Thomason Chicago owners planning transfers to the Chicago paper in the near future
On a busy Indiana harbor corner a hired killer misidentified a target and shot John Alban. The bullet hit Alban in the abdomen as a gambler nearby was the intended mark. Alban lies seriously wounded and may die. The killer fled the scene.
The fuselage of a California inventor's aircraft is hung from the wings by a universal joint, keeping the body level at all times and preventing spins and dives.
Public auction to the highest bidder for cash at 12 o'clock noon on July 14 1930 at the Greensboro Courthouse door. The sale covers Lots 46 and 47 of the J H Elliott subdivision in High Point described by plat Book 7 Page 54 and conveyed to L H Johnson and Nettie Elliott by deed March 11 1927. The sale is subject to taxes and assessments with terms set by Central Bank & Trust Company as Trustee.
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