Financial Marts Rally as Markets Rally on Bullish Reports
Financial markets rose with wheat futures up 2 to 8 cents amid a bullish crop report. Bonds, cotton, and raw sugar edged higher while automakers GM Chrysler Nash gained about a point. Major issues such as American Telephone Western Union Goodyear and U S Steel led a broad advance as tariff talks and inflation relief fed optimism.
MENTIONED IN THIS ARTICLE
Motors
General Motors
Chrysler
Nash
American Telephone
Western Union
American Can
Goodyear
Johns Manville
Union Pacific
New York Central
New Haven
National Steel
Inland Steel
Consolidated Gas
National Distillers
Owens Illinois
U. S. Steel
Pennsylvania
American Smelting
International Telephone
International Harvester
American and
Foreign Power
North American
Electric Power and Light
Wall Street
Bugine
Elks Club Initiation Service At West Broad Tonight
The Elks hold their weekly meeting and initiation service at the home on West Broad Street tonight at 7 30 o clock.
MENTIONED IN THIS ARTICLE
Elks Club
West Broad Street
Edwards Sues for Six Thousand Damages Over Lint
Trial in municipal court focused on W L Edwards and his claim for $6000 against High Point Mattress Co alleging property damage from lint from the plant. Plaintiff, neighbor owner, contends the factory impaired his investment and seeks $6000 in damages as the hearing continued through the day.
MENTIONED IN THIS ARTICLE
W. L. Edwards
High Point Mattress Company
Operty
Upholstery Fabric Prices Increased
Leading manufacturers announce price advances for upholstery fabrics. Sidney Blumenthal & Co. and L. C. Chase Co. raise prices 10 to 15 percent. Collins & Aikman Corporation matches increases.
MENTIONED IN THIS ARTICLE
Sidney Blumenthal & Co
L. C. Chase Co
Collins & Aikman Corporation
Coal fumes blamed for colds by Ohio Wesleyan professor
A professor at Ohio Wesleyan University asserts that fumes from burning soft coal cause colds and influenza. He cites health risks linked to air pollution and recommends reduced coal use to curb illnesses.
MENTIONED IN THIS ARTICLE
Ohio Wesleyan University
Japanese Planes Rain War Warning on Peiping
Japanese airplanes bombed Shih Hsia Chihsien Miyun and other sites near Peiping and Tientsin in North China as rhetoric warned that both good and evil will suffer and Chiang Kai shek would fail leading to loss of heads as tensions rose in the region.
MENTIONED IN THIS ARTICLE
Peiping
Tientsin
North China International Treaty Zone
Shih-Hsia
Chihsien
Miyun
Forth
Japanese Force Expands Push Toward Peiping in North China
Tokyo reports seven infantry brigades and one cavalry division advancing south of the Great Wall toward Peiping. Aimed at forcing China to seek an armistice, Japanese operations cross the Swan River while western fortifications near Miyun suggest German influence in Chiang Kai-shek's forces.
MENTIONED IN THIS ARTICLE
Tokyo
Peiping
China
Great Wall
Hrtherto
Rengo
Wall
Naguyoshi Muto
War Office
Chiang Kai-Shek
Farm bill awaits Speaker signature amid inflation tools
The measure grants the President authority to expand currency and inflate credit via the Federal Reserve, while the Agriculture secretary gains broad powers to raise commodity prices through marketing agreements, production controls, and taxes. Wallaces powers and 1932 wheat low output are noted as context for surpluses and price shifts. Woodin signals inflation powers may stay limited if industry improves.
MENTIONED IN THIS ARTICLE
Black
Federal Reserve System
Secretary of Agriculture
Wallace
Congress
Department of Agriculture
Woodin
Navy to Trim Bases and Yard Facilities in South Districts
The sixth and seventh naval districts in South Carolina face reductions as the Navy plans a 565 million cut to a 325 million dollar fiscal year. Portsmouth Boston Philadelphia Charleston naval yards face changes with other ships services maintained. Several naval radio stations and bases including Norfolk Great Lakes and Parris Island are to close or scale back.
MENTIONED IN THIS ARTICLE
South Carolina
Portsmouth
Boston
Philadelphia
Charleston
New York
Norfolk
Mare Island
Puget Sound
Cavite
Philippine Islands
Naval Training
Great Lakes
Illinois
Naval Hospital
Naval Reserve Aviation
Naval
Brownsville
Texas
Cordova
Alaska
Hilo
Hawaii
Parris Island
New Orleans
Louisiana
New Hampshire
Newport
Rhode Island
Lakehurst
New Jersey
St. Thomas
Virginia
Cayey
Puerto Rico
Port Au Prince
Haiti
la Palma
Panama
Puerto Obaldia
Naval Air Station
Naval Training Station
White House drafts employment bill with voluntary work plans
A White House conference of labor and industry leaders advances an employment bill. It proposes loan funding from the Reconstruction Corporation, relaxed antitrust rules for voluntary agreements, and wage and hour adjustments tied to absorbing idle workers. Lewis W. Douglas, Secretary Perkins, and others head the drafting committee.
MENTIONED IN THIS ARTICLE
Reconstruction Corporation
White House
Labor
Lewis W. Douglas
Perkins
Dickinson
Tugwell
North Carolina to urge lower railroad freight rates in Washington
W. G. Womble of the state corporation commission will travel to Washington to present North Carolina's demand for a general reduction in railroad freight rates. J. T. Ryan of High Point and officials of the North Carolina Traffic League are expected to join, with the case to be heard by the Interstate Commerce Commission tomorrow or Saturday.
MENTIONED IN THIS ARTICLE
Raleigh
N. C
W. G. Womble
State Corporation Commission
Washington
Interstate Corporation Commission
North Carolina
J. T. Ryan
High Point
Southern Furniture Manufacturers Association
North Carolina Traffic League
Oldest Natural Temperature Record Reported
The record notes a temperature of 150 degrees below zero observed at a location 10 miles north of the equator. The finding is reported as the oldest natural temperature measurement on record.
Wingate Andrews Class Holds 25th Reunion at UNC Chapel Hill
Members of the 1908 Wingate Andrews class return to UNC Chapel Hill for a 25th anniversary reunion on June 6. They recall a 771 student body in 1908, a Carnegie library of Yan, 000 volumes, and dormitory costs from 75 cents to 2.75 per month with $2 monthly heating and lighting.
MENTIONED IN THIS ARTICLE
Chapel Hill
Commons Hall
William C. Woodard
Rocky Mount
T. Wingate Andrews
High Point
Frank L. Dunlap
Raleigh
George M. Fountain
Tarboro
Jael A. Gray
Winston-Salem
Walter P. Stacy
Fred I. Sutton
Kinston
Final Rites Held For Floyd Davis
Funeral services for Floyd Davis were held at the Hilliard Memorial Church with Rev. Hughey Miller presiding. Burial followed in the city cemetery. He is survived by his wife five young sons two brothers G R Davis of High Point W B Davis of Richfield three sisters Mrs H A Freeman Miss Beda Davis both of High Point and Mrs IL C Connor of Albemarle.
MENTIONED IN THIS ARTICLE
Floyd Davis
Culler Street
Hilliard Memorial Church
Hughey Miller
G. R. Davis
High Point
W. B. Davis
Richfield
H. A. Freeman
Beda Davis
IL. C. Connor
Albemarle
Not Same Clyde Upton Denies Municipal Court Connection
Clyde Upton of Highland Mill asks The Enterprise to state today he is not the Clyde Upton tried in municipal court Monday.
MENTIONED IN THIS ARTICLE
Upton Clyde Upton
Highland Mill
Enterprise
Clyde Upton
Large Strawberries Displayed By Local Grower
A cluster of three unusually large strawberries from one stem was placed on display in The Enterprise window today by Mrs. C. M. Freeman Jr of 311 South Hamilton Street. The display highlights a notable garden find.
MENTIONED IN THIS ARTICLE
Enterprise Today
C. M. Freeman, Jr
Hamilton Street
Also Mentioned on This Page
Financial Marts
Adams Exp
Ieees
Eae
Ieee
Atchison
Atl Coast Line
Auburn Auto
Aviation Corp
Ealt
Ohio
Nedall
Bendix Aviat Tee
Colum
Fee Eastman
Freeport
Gen Foods
Peete
Evans
Gillette
Goodrich
Goodyear T
Mick Casnese
Esteve
Groger
Grace
Ligg
Louis and Nash Eee
Monty Ward Nash
Central
Packard Mot
Penn RR
Socony
Stael
Studebaker
Texas Corp Ee
Tex Gulf
UN Pac
Indus Alco
U S
Warner Picter
Westingh
Sete
Edwards
Chicago
P.C
A&p
Coffee
Red Circle
Bokar
Great Atlantic
Pacific Tea Company
Lindbergh
Charles A. Lindbergh
Gaston B. Means
Norman B. Whitaker
Washington, D. C
John Clarkson
Ryan
Pat Brown, Inc
Clein’s
Washington Street
Thomasville
Lexington
P. QO
Fenterore
Call Sykes
Jarrett Stationery Co
N. Hamilton St
Wie
RD & Pie
Dgar Allan Poe
Thomas A. Edison
Tnserve
Thanes
Coliege Drive
Thissell St
Ragan St
Woodrow
Richardson St. Photte
Woodrow Ave
Garing
Willowbrook St
Bath
Roland
Park Ave
Cor. Johnson and Hicks S&j
J. N. McCrary
H. L. Bunnell
C. Brown Shoe Shop
North
Wrenn Street
Fidenitial Service Co-Op Finance CO
West Washington Street
Iam
Wade Lsom
Serica
Lonck Seed Co
Mooresville
Charlie M. Brown
English Street
W. C. Asbury
I. Ams St
East Green
Greyling
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