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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Mar 18, 1934
Page
13
Market closed dull with an overall loss of about a point as activity edged up from a quiet first hour. Industrials slid with notable drops in Wright Aero nautical and Homestake Mining while Case and American Can faced tighter bids and rising offerings.
A 35 year old father, 30 year old mother, and three children secure burial funds via individual weekly life policies. Dad $350 at 25c, mom $332 at 20c, each child five cents weekly. total 75c. If employed with many workers, cheaper group options may exist, funded by the employer, to reach $1,000 in coverage for the family and installments to the widow on the father’s death.
The editor argues life insurance is not just for the wealthy, noting 63 million policyholders and 100 billion total in force. Even small weekly payments, sometimes five cents, fund burial costs and early contracts for children as death benefits rise with age.
New York traders watched a thin session with May cotton easing from an initial 12.20 to 12.10 and finishing at 12.13 as the market closed 1 to 3 points lower. Opening gains came on firmer Liverpool cables amid covering and demand from Liverpool houses.
A special committee to study the army's operation of the airmail is chaired by Gen. Hugh A. Drum. The group includes aviation leaders such as Charles A. Lindbergh Clarence Chamberlin and Orville Wright who were asked to serve.
J Nemo Toth the Parisian silhouette artist who has worked in European and American theatres opens a one week engagement at the Paramount theatre starting Monday at 2 45 p m and 7 30 p m times daily he will cut silhouettes free of charge for patrons and paste them on framing ready cards.
Market slid gradually as selling pressed by brokers with continental links and light southern sales. March slipped to 12.05 and October to 12.35, net declines of 1 to 5 points. Closing prices were modestly above the day’s lows. Washington estimates show 653 acres under contract rentals this year, while shipboard cotton awaiting clearance reached 150,099 bales versus 106,646 last year.
Multiple small notices offer easy income from $8.50 daily plus a Ford, mushroom growing at home with a free book, religious literature distribution work, and a card of thanks from the Brackett family thanking friends for support after the illness and death of Mr. W B Brackett.
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