Inflation cools as prices drift in uncertain markets
In New York on May 2 the inflation surge eased with mixed, narrow price moves across shares and staples. Rail stocks rose while oils weakened and gold mining shares led gains. brewing volatility in dollar value and foreign exchange kept traders cautious about real versus fear-driven activity.
MENTIONED IN THIS ARTICLE
New York
Santa Fe
Union Pacific
Public Service of N. J
Consolidated Gas
Liegert and Myers B
American Telephone
National Steel
Macy
Safeway
New Jersey
California
Socony- Vacuum
Texas Corp
American Can
Owens Illinois
Allied Chemical
U. S. Smelting
Johns- Manville
Socony-Vacuum
British Stabilization Fund
Wall Street
Alleged Assault and Ejectment Case Seeks 2600 Damages
Ernest R. Smith sues in municipal court seeking 1000 actual and 1000 punitive for assault plus 100 actual and 500 punitive for ejectment from property. Defendants include J L and R P and wife Bertha Neese Gurney Neese and John Hill. Separate suit by Beeson Hardware against J E Cecil for 584 plus interest, note endorsed by R R Ragan.
MENTIONED IN THIS ARTICLE
Ernest R. Smith
Bertha Neese
Gurney Neese
John Hill
Beeson Hardware Company
J. E. Cecil
Hood System Industrial Bank
R. R. Ragan
Legislature Debates Bill on Tobacco Grading and NC Trustees
The house moved to abolish 1932 tax penalties in 48 counties. It passed Thompson bill to give each of 100 counties representation on the UNC board of trustees. A resolution to study bank liquidations at state expense was adopted. A second reading approved allowing banks with 1.808 million in capitalization to branch with commissioner approval, relaxing the 37,500 capital rule.
MENTIONED IN THIS ARTICLE
House
Senate
University of North Carolina Board of Trustees
State Banking Department
State Association of Certified Public Accountants
Colonial Dames To Meet May 8 9
The North Carolina Society of Colonial Dames will hold its annual meeting in Wilmington May 8 and 9 with Mrs A M Waddell presiding. A pilgrimage to the ruins of old St Phillips church in Brunswick county is planned, followed by a reception at the home of Mrs George Kid Tuesday includes the annual business session. Cotton futures closed mixed with May at 795, July 809, Oct 825, Dec 840, Jan 850, Mar 865.
MENTIONED IN THIS ARTICLE
Wilmington
North Carolina Society of Colonial Dames
A. M. Waddell
Old St. Phillips Church
Brunswick County
George Kid
New York
C. Clark
Daisy O. Clark
Horace
Haworth
Register of Deeds
Guilford County
North Carolina
High Point
State of North Carolina
High Point Township
Lota
Emerywood Addition
Horace & Haworth
Roberson, Haworth & Reese
Attys
Chicago Butter and Keg Prices Steady
Chicago reports butter prices at 11,296 units steady and kegs at 29,689 steady to firm with prices unchanged across both.
MENTIONED IN THIS ARTICLE
Chicago
Congress Centers Day On Debating Talk Adjournment
Congress debates adjournment while planning Roosevelt era cuts and program shifts. Veterans funds slashed, air and ocean mail contracts cut, relief and farm measures tied to inflation, and talk of tax moves loom as Senate and House move toward conference on a $500 million relief grant.
MENTIONED IN THIS ARTICLE
Roosevelt
House
Senate
Senate Finance Committee
Edison Electric Institute
National Electric Light Association
Senate Banking Subcommittee
Communists and Hitlerites clash in Austria May Day violence
In Vienna on May Day armed clashes between Communists and Hitlerites left one dead and four injured in Altheim, with a girl among the wounded. Nine additional casualties reported nationwide as barbed wire and machine guns constrained disorder in the capital.
MENTIONED IN THIS ARTICLE
Vienna
Altheim
Austria
Measure to Protect Reporter Sources in Trials and Probes
Harrisburg reports a measure to shield newspaper employees from being forced to reveal sources in trials or legislative investigations. The proposal aims to safeguard confidentiality and uphold press freedom amid legal proceedings.
MENTIONED IN THIS ARTICLE
Harrisburg
Exchange Receives Many Wants Today
The Community Exchange at 837 North Wrenn Street lists a variety of barter and service offers. Entries include furniture trades, sewing and dress swaps, farming labor for land plots and cash, painting and refinishing work, and domestic help including house cleaning and nanny services.
MENTIONED IN THIS ARTICLE
Community Exchange
Wrenn Street
Senate Bill Seeks Protections for News Sourcing
A proposed measure in the Senate would make reporters sources for newspaper stories inviolate prior to publication. The bill aims to safeguard the confidentiality of informants and protect press freedom during the reporting process.
MENTIONED IN THIS ARTICLE
Senate
President Roosevelt May Open Big World Fair Trip Plans
President Roosevelt considers a June Chicago world fair opening and a summer away from Washington. A June 1 Annapolis diploma visit constrains travel with potential trips to Groton and Rutgers if Congress adjourns on time. He may use the cruiser Indianapolis and schooner Amberjack II routing via Marblehead and Campobello, with his four sons aboard.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Chicago
Annapolis
Naval Academy
White House
Congress
John
Groton School
Massachusetts
Rutgers University
New Jersey
Groton
Rutgers
Campobello
Eastport
Maine
Hyde Park
Indianapolis
Baltimore
New England
Marblehead
Mass
Accountants To Audit Bank Department Expenditures
Raleigh May 2 The House adopted a resolution allowing the North Carolina Association of Certified Public Accountants to prepare for the legislature a report of all expenditures of the state banking department in bank liquidations. The accountants will do the work without charge. Rep Bardon questioned the accountants interest but Sullivan defended proceeding.
MENTIONED IN THIS ARTICLE
Raleigh
House
Sullivan
Buncombe
North Carolina Association of Certified Public Accountants
State Banking Department
Gurney P. Hood
Hood
Association of Accountants
Bardon
Craven
Garbo Bags Held By Government in Immigration Dispute
Hollywood May 2. Federal authorities hold Greta Garbo five trunks and three hat boxes brought from Europe. Conflicting declarations say she is returning resident and Swedish citizen arriving at the immigration quota. Baggage held until explanations are provided.
MENTIONED IN THIS ARTICLE
Hollywood
Calif
Ores Garbo
Europe
Miss Garbo
United States
Tax Penalties In Counties Lifted Across North Carolina
The North Carolina House approved a local bill eliminating tax penalties for 1982 unpaid taxes in 48 counties and cities, setting six percent interest after July 1, 1938. The measure, initially for Rowan, covers 47 more counties and applies to municipalities, while a separate statewide bill on older penalties remains law.
MENTIONED IN THIS ARTICLE
Raleigh
House
Senate
Rowan County
Rowan
Duplin
Lenoir
Harnett
Durham
Swain
Haywood
Wilkes
Scotland
Buncombe
Surry
Jackson
Ashe
Pitt
Chatham
Perquimans
Macon
Washington
Beaufort
Dare
Transylvania
McDowell
Pasquotank
Camden
Vance
Oslow
Jones
Craven
Carteret
Madison
Greene
Avery
Caldwell
Pamlico
Caswell
Person
Hoke
Polk
Halifax
Alexander
Bladen
Wake
Currituck
Stanly
Warren
Wayne
Columbus
Tyrrell
La Varre Expedition Sails for Brazilian Guiana
Boston May 2 The La Varre expedition led by William La Varre sails from Boston aboard the Lady Hawkins bound for Georgetown British Guiana to explore seek primitive sources of alluvial diamonds and to collect specimens for the Smithsonian and American museums.
MENTIONED IN THIS ARTICLE
Boston
la Varre
Essequibo
British Guiana
William la Varre
Group of
Georgetown
Brazilian Guiana
Smithsonian Institute
Aseums
Muslims capture Yarkand. over 100 Chinese killed
Foreign dispatches from Kashgar report that Muslim rebels seized the city of Yarkand in Sinkiang east Turkestan and killed more than 100 Chinese residents. The ancient city has about 60 000 inhabitants and lies in the Turkestan province.
MENTIONED IN THIS ARTICLE
Peiping
Mohammedan
Yarkand
East Turkestan
Sinkiang
Kashgar
Auto strike kills young man in Maxton
Jame Steed youngest son of Mrs. Hubert Steed died near his Maxton home when struck by an automobile. The incident occurred quickly with minimal injuries to bystanders reported. Authorities investigated the area for witnesses and traffic details.
MENTIONED IN THIS ARTICLE
Maxton
Jame Steed
Hubert Steed
Thirty Forestry Camps Selected for Fourth Corps Area
Fort McPherson Ga May 2 Thirty forestry camps in the fourth corps area and the army posts they serve were announced. North Carolina leads with ten camps followed by Tennessee seven Georgia five Alabama three Louisiana Mississippi two and South Carolina one. Districts list camps in Fort Bragg NC Fort McPherson GA Fort Oglethorpe GA and various locations in NC TN and GA with numbers and nearby counties.
MENTIONED IN THIS ARTICLE
Fort Mcpherson
Fourth Corps
North Carolina
Tennessee
Georgia
Alabama
Louisiana
Missippi
South Carolina
Fort Bragg
Old Fort
McDowell County
N. C
Marion
Mortimer
Caldwell County
Hot Springs
Madison County
Dillingham Creek
Weaverville
Byncombe County
Johnson City
Washington County
Elizabeth
Carter County
Paint Creek
Greene County
Nimblemill
Lumpkin County
Robertson
White County
Dillard
Rabun County
Clayton
Pisgah Forest
Transylvania County
Monroe County
Coker Creek
Archville
Polk County
Sylco Creek
True Bill Returned Against John Harris
The grand jury returned a true bill against John Harris a High Point textile worker for the murder of Reuben Ware a leading High Point colored citizen in Ware's home last month. The case goes to trial in Superior court tomorrow. A not guilty verdict was returned for John Eaton and Paul Wicher on robbery with firearms charges.
MENTIONED IN THIS ARTICLE
Enterprise
Greensboro
John Harris
High Point
Reuben Ware
Ware
John Eaton
Paul Wicher
Also Mentioned on This Page
Mart
Claude A. Jagger
Associated Press Financial
Bill
Colonial Dames
Barnsdall
Bendix Avia
Burrough
Canad Pac
Geena WU i
Cecaass
Cas
J. I
Ches and
Ohio
Cota Cole
Colum G
Curtiss Wri
Éedine BH Drug Inc
Bebveevoseae du Pont de
Goodrich Goodyear
Studebaker
Cree
Peche Aves
Bacahes U Ss Steel
Warner Pict
West UN
Westingh el
Amagorga
Thiehem Steel
Ceeessseee Lorillard
Nat Dairy Prod
Seecesss
Sccics.s
Woolworth
Illinois
Johns Manville
North Am
Seaboard Oil
Ss Steel
Biec A
Puerto Rico
Robert Gore
Florida
Greta Garbo
Capitol
la Vare
Brazil
Gear
Italian Air Armada
Atlantic Ocean
Iceland
Rome
Italy
Atlantic
Italo Balbo
Wright
Hamilton Street
Clein’s
Washington Street
Cook
Thomasville
E. Green St
English and
College St
P. O
Boot Mfg. Co
N. Wrenn
Alvin Smith
W. C. Asbury
Adams
N. Main
C. Brown Shoe Shop
North
Co-Op Finance CO
West Washington Street
H. L. Bunnell
Charlie M. Brown
United Bank
Lois Atkinson
Allendale
8. C
C. E. Crosby
Greenwood
Allendale County
High Point Enterprise
Pihione
Brentley Circle
Blaine Street
Cable Street
English Street
Otterway Drive
Queens Court
W. Levington Ave
Atlantic Ins.and Realty CO
Nice
Tomlinson St
Farrigg Ave
Johnson and Hicks
J. N. McCrary
Woodrow Ave
Washington St St
W. Green St
Whiteon
W. Farriss Ave
Care Enterprise
Kennedy St
English St
Steele St
Williams
J. A. Clinard
al Ave
C. Keonts
High Point Hospital
Greylin Neaary Aan
Washington St
Phene
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