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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
May 29, 1931
Page
2
The market saw rail stocks plummet to multi year lows amid fading freight rate agitation. Early trading gave a brief lift on pre holiday short covering, with U S Steel and Consolidated Gas among the few gainers.
Allied Chemical and Case lagged as April reports worsened and little improvement was seen before August. Bond market outpaced stocks with railway and foreign government obligations showing improved tone. Wall Street welcomed any spillover from cheap money despite liquidation diversions. Indiana plans 12 to 15 steel fire towers to protect 35,000 acres of timber and dense forest.
A collage of crossword style clues and market data appears alongside a Chicago grain report. The page lists definitions for puzzle entries interspersed with open, high, low, and close figures for WHEAT CORN OATS and COTTON futures, reflecting a late era newspaper market table.
The Presbyterian church in the United States of America moves to end local evangelism by approving elimination of a constitutional provision. Ratification by the general assembly is anticipated. Senator David A Reed addressed the assembly noting postwar materialism and economic stress while remarks referenced publicity spending and atypical accident counts.
Dr. Burrus is praised for public health zeal and may accept a governor appointed seat on the state board of health. His selection is seen as injecting new life after the previous board stalled since Dr. Laughinghouse’s death last August. Burrus, former North Carolina Medical Society president, is a longtime ally of Laughinghouse and a champion of the little man.
A special committee appointed by the board of health will study potential reorganization. Led by Dr Leo Large of Rocky Mount, the panel includes Dr H G Bally Chapel Hill Dr J H Johnson Goldsboro Dr J A Goode Asheville and Dr J M Parrott Kinston. They report June 11 on findings and Parrott may accept a post in Britain.
The Enterprise offers ten Paramount theater tickets to the ten best answers to What Would You Do With A Million Dollars. Winners announced in Sunday’s edition. Submit under 100 words at the office or by mail to the editor. The theme ties to The Millionaire at the Paramount Monday and Tuesday.
Potatoes on track firming slightly with 100 shipments. new stock mild demand, Alabama and Louisiana sacked Bliss at 1.65 to 1.75, Texas 1.55 to 1.70, Idaho russets No. 1 1.60 to 1.55. Commercials few sales, old stock weaker, overall trading slow.
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