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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 02, 1931
Page
7
Cotton markets opened mixed with May at 9.41 and October at 9.97, down 6 to 10 points from late previous levels amid liquidation for European and trade selling. Reports cite subdued demand, some weekend covering, and a broader market decline across commodities and stocks, with prices fluctuating through early trading.
The stock market ended the week with an upward tilt as bears covered positions. Gains of several points appeared late in trading with notable moves in Auburn up about 16 points and American Can fluctuating after a sharp early drop. Volume neared 1.3 million shares in the two-hour session.
New Orleans May 2 Cotton opened weak and unsettled as stocks weighed on prices. July and October futures declined, October slipping below ten cents for the first time this season. By one hour in, the market lay at the day’s lows, but closes showed steadying declines of seven to ten points across contracts.
Chicago wheat eased at the open after Liverpool quotes fell on hopeful US winter wheat prospects and weak spring wheat conditions in Canada. Corn opened lower and faded further as trading continued away from earlier levels.
In Honduras on May 2 a government troops clash with rebels near Santa Rosa de Copan escalated as insurgents began an assault yesterday. The government sent a sizable detachment from San Pedro to reach the district before its fall, amid disrupted communications and rising fears for the town’s safety.
Rev. W. A. Newell presiding elder of the Greensboro district will speak at Ward Street M E Church tomorrow morning at 9 45 and at Archdale M E Church at 11 o clock The public is invited to hear him at both services.
Cherry Street Presbyterian invites worshippers to observe Vocation Day across morning, afternoon, and evening services. The event centers on Christian vocation and God’s interest in career with a 3:30 pm program by local talent during the afternoon service and an 8 pm program at the evening service.
Clint Stone of Watauga County was jailed in Boone charged with murdering 48 year old Mattie Bentley. Witnesses testified Bentley lived in fear of Stone and warned of violence. Stone was arrested after an inquest and denied the murder while claiming Bentley tried to extort 200 from him.
Darjeeling May 2 the Dalai Lama spiritual king of Tibet ordered an automobile sent to Lhassa high in the Himalayas a Chinese chauffeur will pilot the car and relay teams will haul it over passes where no roads exist Tibetans call cars devil wagons but the Dalai Lama hopes to break those prejudices
National League leaders include Davis of Philadelphia hitting .486 with Roettger of Cincinnati at .426. Klein of Philadelphia leads runs with 17, Ott and Waner show 14 RBIs, Crits and Verger top hits for Giants, and Hornsby leads homers with five. American League leaders feature Alexander of Detroit at .429, Gehrig and Cronin with 15 RBIs, Stone of Detroit with 56 homers, and Gehrig, Ruth, and Gehrig tied for RBIs across teams.
North Carolina federal revenue collections for the first ten months of the fiscal year total 214,262,952.23 dollars, down 7,599,996.34 from the prior year. April 1931 receipts were 19,952,073.44, about 1,029,292.41 less than April 1930. Collector Hillam Grissom notes the drop is 2.7 percent overall.
Bryant Untiedt a 13 year old Colorado boy visiting President Hoover refused to be interviewed by White House correspondents, saying he promised to share impressions with the Denver Post. Theodore Joslin said the boy wants to tell his story to that paper and will depart for home tonight or tomorrow.
Trubee Davidson assistant secretary of war and Captain Ira Eaker departed Scott Field Illinois at 7 10 a m for San Diego California with first planned refueling stop at Tulsa Oklahoma They will travel by air in a flight expected to cover long distances during the mission
S R Hay named president of the College of Bishops amid petitions asking Bishop Cannon not to resign. The college notes the presidency follows the order of election and illness of Bishop Cannon delayed the succession to Bishop Beauchamp.
John Lubie a confectioner killed his three young sons Arthur 11 Emil 12 and John 4 then shot himself in Garfield New Jersey. He died two hours later in Passaic General Hospital leaving a critically injured wife and a neighbor who alerted police after the gunfire.
A Southbound passenger and air mail plane landing in Salisbury due to bad weather plans to continue to Atlanta today if weather allows. Pilot Shelly Charles and three passengers traveled to Atlanta, then continued by train last night.
A clipped exchange features a speaker calling a frock a duck and remarking on a politician’s bill in a witty, teasy line. The remark uses humor to imply an oversized claim.
The assembly adjourns without action on the biennial appropriations bill while the revenue bill nears its senate end. The Moss Cherry auto license reform becomes law with weight based fees and a $12.50 minimum. The Peel tax sale deferral bill passes, and investigations into the Bailey Pritchard election proceed with senate amendments. Finalizing Ewing corrupt practices and Crouse Gill Turner public utilities bills continues as lobbyist registration moves through.
New York state athletic commission officially designates the Sharkey versus Carnera bout at Ebbetts Field on June 16 as for the heavyweight championship of the world. The Garden seeks to bar Carnera from major fights pending a contractual bout with the Schmeling-Stribling winner in Cleveland. A court decision on the injunction is not expected until next week.
Dispatches from Vera Cruz report six Spanish priests deported to Spain on the Dutch steamer Volendam for violating Mexico's constitutional provision prohibiting foreign priests from officiating locally.
Guilford County High Point area property described as Lot 2, Block 3, Snow Park, conveyed under a 1926 deed of trust by Iseley Bost and EK L Bost and Braswell as trustee. Sale set for 11 o clock A M May 29 1931 to pay indebtedness. taxes and assessments to be paid from proceeds. Auction by Garland B Daniel attorney for Commercial National Bank of High Point.
A blaze on East Trade street caused an estimated $25,000 damage to the Moody building and four nearby establishments. Six fire units battled the fire, while a second alarm went out from the Wilder building on South Tryon street. A basement blaze at the soda smoke shop was quickly contained with smoke damage limited to marble walls.
BERLIN May 2 One man was shot dead and another seriously wounded when left wing radicals tried to storm a national socialist meeting. Both sides exchanged fire. Eleven persons were arrested.
Notice to creditors to present claims by May 1 1932 or face action. Indebted parties urged to settle at once. H L Preeman administratrix Samuel G Daniel attorney office Washington? 6th. 4 18 25 5 29 16 23.
Notice of sale by trustee for Wilber E Crary and Mildred Crary on land in High Point Guilford County North Carolina. The sale at 10:00 AM on May 25 1931 will transfer the parcel adjoining W P Green Jarvis Geo McLarty and Kearns street to the highest cash bidder. The property is described as Lots 153 and 154 of Boston map and conveyed to C B Bundy and Rowland with references in Guilford County records.
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