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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 06, 1931
Page
9
Quick Small Loans and Finance Co with address 103 West Washington Street appears in a business notice. The record records a brief location mention for the finance firm in a column listing.
Judge Barnhill halted the trial after a lengthy conference over the time needed to value notes stocks and bonds. Witness T N Herreid testified the Central Bank listed overdrafts wrongly and concealed deposits, with public funds misrepresented before its 1930 failure. Evidence of padded deposits and erased ledger entries raised questions about falsified reports to the corporation commission. The state aimed to prove illegal dividends, but the judge blocked that line of questioning.
Masons take charge of the cornerstone ceremony for High Point's new Junior High on Jones Street with Numa F. Reid lodge leading. C. F. Tomlinson and Rev. R. I. Farmer will speak, the High Point High School band will perform, and a rain date is Friday at 3 15 p m.
C L Gray, student at High Point college, sang two numbers before the American Business club at its dinner in the Elwood hotel. He was accompanied by Professor E B Stimson, head of the music department at High Point college. Gray received a hearty ovation for Lassie o Mine and offered an encore I Heard You Go By.
The article notes that a high wage system without real wage growth is dangerous for workers. It cites a speaker who argues real wages must rise with living costs. Oskar Sempell of the German Steel Cartel defends mass production and supports rationalization despite market doubts.
The Raleigh chamber of commerce urges keeping the revenue offices in Raleigh as plans to move them to Greensboro emerge. An appropriation of 360000 for federal building improvements was partly secured by arguing the need for larger quarters. Secretary B H Branch notes Raleigh’s long status as the sole city with a collector in the state and cites growth from tenth to second in national collections, behind New York.
High Point college pianist Miss Hazel Lanier will give her graduating recital in Roberts Hall Thursday at eight. She will be joined by tenor C. L. Gray, who will sing four numbers with Lanier at the piano. The program includes works by Mendelssohn Chopin Beethoven Gluck Brahms and Weatherly among others.
The Johnson Street School Parent-Teacher Association will hold a meeting Thursday evening at 5 30 at the school. A display of the new pictures will be shown and every member is urged to attend.
Funeral services for Oliver K Moser of High Point were held at Popular Springs church Stokes County. Ministers B W Quarles J T Saunders and R A Helsabeck led the service with burial in the church cemetery. Survivors include his parents E L and S H Moser three brothers Robert Homer and E L Moser and one sister Mrs Cleo Weast.
In New Orleans on May 6, cotton opened quietly with weaker tone. Liverpool cables underperformed, first trades off one to two points, and the market eased further with July at 9.78 and October around 10.13, about eight points lower than yesterday’s close.
Bunn W. Hackney and state health officials met in Raleigh with camp directors and organizations to discuss proposed changes to summer camp rules. Revisions aim to allow grade B milk in self supplied camps, permit clean clothing for cooking, and require a registered physician and health exams for new arrivals to achieve grade A health ratings. Attendees included Vaughan-Lloyd, Benbow, McAdoo, Johnson, Kephart, Miss Cornelius, Stutts, and Miller.
Officers Kiger and Stout left High Point by train at noon for Detroit to return John T. Carter, indicted for murder in the Pat Murphy slaying. Carter, who waived extradition, was turned over by immigration authorities and is expected back with local officers Sunday. He was found at the Canadian border with a pistol and two license plates. he traveled with Mary Horton, a Winston-Salem girl 19, initially reported as his wife.
Mrs. C J Clark known as Chesie Brown died at seven in the morning at sister Mrs T J Finch's home near Trinity after long illness. Born in Randolph to Dempsey Brown she attended Salem college and Greensboro College 1861. Funeral arrangements include First Methodist Asheboro church service tomorrow at three with Finch home service at 1 15 officiants from local churches. Surviving are sister Mrs T J Finch two brothers John H and D C Brown and numerous nephews and nieces.
The social hour at the Sons and Daughters of Liberty hall over The Enterprise was led by J. T. Cheney with a large turnout. Mrs. J. R. Pierce served refreshments after the program. ANNOUNCE BIRTH OF A DAUGHTER Joyce Helen born May 2 at Guilford General hospital to Mr. and Mrs. Robert Winfrey.
The House split on a two thirds rule as 60 failed to reach the needed 92. A substitute by Woodard of Nash was rejected before the body moved to consider the Hamilton resolution on adjournment if no revenue accord is reached. The Senate Finance Committee proposed a 15 million school appropriation and a two year county ad valorem tax to fund it. Both houses advanced Bailey-Pritchard ballot impounding safeguards and continued cooperation with the Senate committee on elections. The Ewbank bill cut gasoline tax refunds to half as a 1931 road law revision prompted by revenue shortfalls. The Hamilton measures were debated but the House adjourned without a vote.
Market data show open high low close and percent change for futures months including Jul Oct Dec Jan and Mar. Key figures include 955 9723 980 1017 1042 1052 1071 for different contracts with varying highs and lows across the session.
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