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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 02, 1927
Page
2
Enterprise Bureau reports that selling construction bonds and securities, now barred in the state, could resume if regulations drafted by the National Association of Securities Commissioners are adopted by involved bond firms. A. J. Maxwell of the North Carolina Corporation Commission announced the update on his return from travel.
A New York commission panel finished drafting rules to standardize bond cost appraisals for projects financed by securities. Previously firms only appraised total project costs, leading to noncompliance with state acts and restricted bond sales in states like North Carolina. New guidelines align with the National Association of Securities Commissioners, potentially expanding markets once published.
Electric heaters have been installed in a new French monoplane in preparation for a flight to America. The report notes a broader context of rising meat consumption with beef intake increasing by about 1,000 tons weekly compared with a year earlier.
Petersburg at Kinston Norfolk at Richmond and Wilson at Portsmouth headline a Virginia League slate. Richmond Wilson Portsmouth Norfolk Petersburg and Kinston lead the standings in order after today’s results.
Raleigh May 2 AP The day’s college baseball schedule features Duke at Maryland Davidson at VPI Milligan vs Senior at Milligan High Point visits Guilford in High Point Senior and Guilford games set for the slate with a mix of intrastate and out of state venues.
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