Stock market faces renewed selling pressure on high call money rate
High call money rates rose to 12 percent amid mid month withdrawals, dampening the market after an early recovery. Speculators faced insurmountable barriers as selling intensified despite strength in Morgan stock and rumors from Washington that no new intervention was planned.
MENTIONED IN THIS ARTICLE
Stanley W. Prenosil
AP Financial
New York
Morgan
General Electric
Washington
Konjola Promises Quick Relief at High Point Drug Store
The Konjola Man Dispenses a 32 ingredient remedy said to cure indigestion constipation and kidney trouble promises results not just claims. A testimonial from Jacob L Polk credits rapid recovery after two bottles and three days of treatment at Main Drug store 105 South Main High Point with ongoing endorsements from users.
MENTIONED IN THIS ARTICLE
South Main Street
High Point
Jacob L. Polk
Park Street
Konjola
New Oil Czar Appointed in California a Push to Cut Output
The California committee of the American Petroleum Institute named F. C. Van Deinse of Los Angeles as czar of the region to curb production toward 650000 barrels a day, a reduction of 145000. The market saw a mixed session with NY Fed likely to raise rates, pools driving several issues higher, while small speculators paused. Oil and steel news pointed to strong demand, with several firms declaring extra dividends and price gains across several heavyweights.
MENTIONED IN THIS ARTICLE
California
The
American Petroleum Institute
F. C. van Deinse
Los Angeles
New York Federal Reserve Bank
Standard Oil of
New Jersey
Prairie Pipe Line
Sinclair
Packard
Chrysler
Marmon
General Electric
Fidelity-Phenix Insurance
Hershey Chocolate
North American
Frank G. Sha
New Orleans Cotton Opens Easy as Cables Warn
The New Orleans cotton market opened easy on May 15 amid disappointing Liverpool cables. Early declines of 8 to 11 points gave way to modest rallies as traders awaited the weekly report. By midsession prices steadied with July near 18.75 and December around 18.66, finally closing steady to up seven points.
MENTIONED IN THIS ARTICLE
New Orleans
Liverpool
Greensboro Dentist Opens Office Here
Dr. Dennis Keel, orthodontist from Greensboro, opens an office at 415 Wachovia Bank building and will be in High Point each Wednesday for exclusive pediatric orthodontic work. He has six years in Greensboro practice, is a Medical College of Virginia graduate, Dewey Schools of Orthodontia alum, and studied at Northwestern. He serves in Guilford County Dental Society and holds leadership roles in state and national dental associations.
MENTIONED IN THIS ARTICLE
Dennis Keel
Greensboro
Wachovia Bank
High Point
Keel
Medical College of Virginia
Dewey Schools of
New York
Northwestern University
Chicago
Guilford County Dental Society
North Carolina Dental Society
American Dental Association
International Societies of Orthodontists
North Carolina
Hill Named Director of Capital Issues Division
Carl K. Hill, formerly in the state auditor's office, was appointed director of the capital issues division of the corporation commission in Raleigh. Commissioner I. M. Bailey announced the appointment.
City Secures Snow Lumber Plot For Municipal Expansion
The outgoing administration bought 18 feet by 100 feet of Snow Lumber property for 750 dollars per front foot total 13500 dollars to expand the municipal building with a new courtroom and police quarters over the existing fire station area. Councilmen debated keeping the deal open but Parker insisted it be decided before he takes office. The report also noted Clerk R M Caudle owed 8347 dollars to the county with a 22 May deadline.
MENTIONED IN THIS ARTICLE
Snow Lumber Company
Parker
Clinard
Chicago Live Stock Prices May 15 Hogs Cattle Sheep
Chicago market report shows hogs 16 000 head with broad price ranges 10 15 to 11 50 per cwt across weights and sow and pig categories, cattle and calves 9 40 to 15 25 per cwt with various classes listed, sheep 26 000 head slow about 25c lower with lambs around 13 59 to 14 50 and ewes 4 75 to 7 25 per cwt on shorn basis.
MENTIONED IN THIS ARTICLE
Chicago
UNC student editors face council ruling on libel charges
The University of North Carolina student council planned to decide tonight on charges against 18 Sigma Upsilon members over the Yellow Journal libelous and indecent material. Testimony concluded late, with fraternity members detailing their roles in publishing the scandal sheet issued last Friday. The story notes U S food expenditure at about 50 million dollars daily.
MENTIONED IN THIS ARTICLE
Chapel Hill
University of North Carolina
Sigma Upsilon
Yellow Journal
New York Cotton Opens Steady Then Rallies On Weather Hopes
Cotton prices opened steady with a slight decline amid Liverpool selling but quickly steadied as traders awaited the Weather Bureau weekly report. July rose to 18.54 and December to 18.62 after early dips, with covering rebuying lifting prices later in the session. The market showed mixed activity as traders weighed forecasts for rain in the south and Liverpool market sentiment.
MENTIONED IN THIS ARTICLE
New York
Liverpool
Weather Bureau
Continental
Bombay
Manchester
P.C
Governor Long Loses First Impeachment Skirmish
Governor Huey P. Long faced eight impeachment charges and lost his initial Senate impeachment trial when the chamber rejected a demurrer that would have quashed all but the first charge. The vote was 20 to 19 in Baton Rouge on May 15. The article adds a note about the deepest salt mine near Berlin at 4,175 feet.
MENTIONED IN THIS ARTICLE
Baton Rouge
Huey P. Long
Louisiana Senate
Burned Baby Shoes Found by Officer in Thomasville
Special to the Enterprise Thomasville May 15 a baby pair of shoes was found burned in ashes in a shady wood near highway 10 in front of the water plant. Policeman C T Younts investigated after a suspicious finding. No human remains were evident. Also noted: Mrs Maud Shuler 26 died after an operation at High Point hospital. Funeral at Calvary church. Several others undergone operations or hospital transfers. Little Mae Pulliam four weeks old found dead May 12 buried Hughes burying ground. Clifford Russell Hill and Miss Idaree Beck wed May 11 in Thomasville. Marie Ferguson's son narrowly escaped driving onto railway tracks at Main and Loftin Streets. car destroyed.
MENTIONED IN THIS ARTICLE
Thomasville
Highway 10
C. T. Younts
Maud Shuler
Will Shuler
High Point Hospital
Calvary Church
Charles Black
Guilford General Hospital
Will Holder
Juilford General Hospital
Lindsay Bean
Lawrence Hospital
Winston-Salem
Little Mae Pulliam
Ed Pulliam
Hughes Burying Ground
B. W. Stone
J. P
Clifford Russell Hill
A. J. Hill
Idaree Beck
Freshman Glass Holds Meeting at High School
The freshman class met for a devotional exercise and nominated candidates for next year's sophomore class student council. A Good Samaritan dramatization opened the program with readings and a violin solo, then nominations were announced by members and advisory teachers. Election was scheduled for tomorrow during home room.
MENTIONED IN THIS ARTICLE
Jane Franklin
Norman Pierce
Wayne Garner
B. C. Fowler
Carroll Earnhardt
E. G. Clark
High School Boy Breaks Arm in Track Practice
Leon Thompson son of Mr and Mrs G L Thompson 305 Pine street broke his left arm this morning at 11 while attempting the high jump on the high school field. He fell and the bones broke just above the wrist. He returned to school this afternoon after the bones were set.
MENTIONED IN THIS ARTICLE
Leon Thompson
G. L. Thompson
Pine Street
Cotton futures open steady across May to January
New York on May 15 reports cotton futures opening steady with May at 19.25 cents per pound, July 18.45, October 18.40, December 18.57, and January 18.690.
MENTIONED IN THIS ARTICLE
Liverpool
New York
High Point Commercial Club elects Wheeler as president
R H Wheeler was elected president of the High Point Commercial Club at a special meeting of the new board of directors chosen at the annual stockholders meeting. A M Rankin Jr was elected vice president. The officers align with the merged High Point Country Club and will steer the corporation until liquidation.
MENTIONED IN THIS ARTICLE
R. H. Wheeler
High Point Commercial Club, Inc
A. M. Rankin, Jr
High Point Country Club
Commercial Club
F. J. Sizemore
W. A. J. Idol
J. H. Dobbs
L. C. Matton
Country Club
Family Night Revival Sermon at Mechanicsville Baptist
Tonight at 7 30 Mechanicsville Baptist will host Family Night with the sermon What Doth It Profit a Community If It Gain the Whole World and Lose Its Young People The service followed by a strong call to repentance with many attendees moving forward to accept Jesus as personal savior.
MENTIONED IN THIS ARTICLE
Mechanicsville Baptist Church
God
John
Jesus
Potatoes Receipts and Prices Reported Across States
Potatoes receipts show 96 cars with 89 new and 306 old on track. U S shipments total 638 cars as new stock trades slowly. Bliss Triumphs priced 4.50 in Alabama and 3.50 to 3.75 in Louisiana. Russets weak and round whites mixed, Wisconsin round whites 70 to 85, Minnesota North Dakota 70 to 75, Idaho Russets 1.75 to 2.00.
MENTIONED IN THIS ARTICLE
Chicago
U. S
Alabama
Bliss
Louisiana
Wisconsin
Minnesota
North Dakota
Idaho
Beaten All But Wisconsin by Columbia crews
Columbia crews under the Glen dons have beaten all colleges except Wisconsin, which has absent from varsity competition in recent years.
MENTIONED IN THIS ARTICLE
Wisconsin
Columbia
Glendons
Hagen leads Yorkshire tournament with 139 as qualifying heats wrap
Walter Hagen, captain of the American Ryder Cup team, shot a 70 to hold a 36 hole total of 139 and lead the Yorkshire Evening News thousand guineas qualifiers at Moortown England. Leo Diegel and Al Watrous trailed with 144, Abe Mitchell 145, George Duncan 146, as the low 32 scorers advance to match play starting tomorrow.
MENTIONED IN THIS ARTICLE
Moortown
Eng
Walter Hagen
Hagen
Leo Diegel
al Watrous
George Duncan
Diegel
Watrous
Abe Mitchell
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MR. Jacob L. Polk
Stephen
Close P.C
Atl
Beth Stleater
Ches
Ohio
Davidson Chere
Drugs Inc Ener
Dupont Een
el Pow& Stee
Is Erie
Fo Gillette Ee
Greene-Cananea
Houton Oil
Hudson
Nickel
Liggett & M B
Lorillard
Monty Ward
Nash Mtrs
Phillips Petrol Wee
Postum See
Pullman New
Naio Leaf
Ward Baking
Eee Ewes Ee
Westinghouse
Willys Overland
Western Union Ruse
Chicago Livestock
United States
Long
Berlin
Germany
Glass
Mercantile
RH. Wheeler
Bill
Churchill Downs
Louisville
Windy City
Fred M. Grabner
Downs
E. R. Bradley
Idle Hour Farm
Jackson
Chatauqua
Anne Campbell
Lorna Doone Jackson
Florence Rosheger
Alan Coe
Allan Coe
Anna Campbell
America
Miss Campbell
Redpath
Church and
Elm Streets
Lulu Vollmer
Cagle
Rufe
Madame Mardoni
Alma Virginia McCain
Helen Stephens
Mildred Furgurson
Virginia Fraley
Helen Marie Sheloff
Dorothy Griffith
Law and Order
Julia Elizabeth Coe
Gilbert Clark
Ralph Barnhart
Mary Agnes Crooks
Sue Everhart
Ruth Briles
Family Night
Hensley
Yorkshire
Pennsylvania
F. R. Hicks
Shoe Shine Parlor
North Main Street
Dixie Shoe Store