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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 01, 1930
Page
7
A scrambled market snapshot shows mixed moves across NYSE components with notable declines in several major groups. Banks, energy and consumer goods shares drifted, while technology and utilities offered modest gains amid thin trading and lingering inflation concerns.
James F West, chairman of the youth committee for the White House child welfare conference, says prohibition has worsened the commercial amusement problem. He argues bootleg liquor and defiance of law boost drinking among youth, noting dances, pool halls, carnivals, parks, and steamship excursions as affected.
Cotton prices opened steady today after a 1 to 6 point drop due to easier Liverpool cables and weekend selling. Dec 11.05 and May 11.65 were near session lows before steadying, with trade buying and covering limiting losses despite cold weather in the south and positive domestic market reviews. Approximately 207000 bales were awaiting clearance, down from 225000 last year.
A light exchange from Tit-Bits recalls a young man pressing to escort a girl home. She coolly signals stronger interest by offering to send a photograph of her home if he is as eager about the home as their conversation.
The Enterprise will award one theatre ticket to each white rural subscriber whose prepaid subscription appears in the classified columns. Watch for your name. when it appears, visit the Enterprise office to claim your ticket within three days from the publication date.
The stock market steadied at week’s end after three days of losses with a late rally lifting key shares Above yesterday’s close. U S Steel led gains, while Coca Cola and Allied Chemical rebounded. trading was sluggish with 1,100,000 shares changing hands.
Chicago resident Adrian Cook is 90 and works six days a week at his shop. He holds patents for 7 inventions mainly aiding housewives including the widely sold squeegee. His long life includes a 17 mile walk recently and no dietary rules.
Liverpool market shows moderate demand for cotton with prices lower. Spot sales reach 5 000 bales including 3 000 American. futures bounds listed for various grades from strict good middling 6.89 to good ordinary 4.64. receipts quiet with December 6.02 and subsequent months quoted up to 6.48.
In Chicago a quick rally in wheat prices followed news that rust complaints in Argentina were increasing with about a third of its wheat acreage affected. The rust area covers Cordoba and Santa Fe. A leading speculator bought heavily as the market had earlier declined on rust assurances. Wheat closed nervously with prices mixed across contracts and a drop in corn.
Leroy Hayes, local negro, charged with manslaughter in the death of Creola Irving, a negro woman killed after being thrown from the car he drove. He was released yesterday afternoon after a hearing before Magistrates Gurney Frazier and B A Woodall. Hayes was represented by T J Gold and prosecuted by Shuford and Bushee of Salisbury.
In Omaha on November 1 a torn letter became pivotal in the Nebraska senatorial race. Senator George W. Norris called for an investigation into the letter’s path after Thorne Browne asked, noting it originated in Chicago with J. B. Wootan. The missive asserted wires were tapped in a Lincoln hotel and involved an alleged confidant of Senator Noye.
A large brush fire started in Ventura county and crossed into Los Angeles to threaten estates and the Santa Monica range. It burned 8009 acres, 2 homes, 40 cattle, and 20 foot high manzanita patches as crews fought a 12 mile front amid a NW wind and continuing dry conditions.
Mayme Rothaker, 21, a stenographer, was arraigned for speeding before Magistrate Harry H. Porter. Lacking $10 bail, the judge approved her release on the basis of her “honest face” and called it bail enough, noting it is a pretty face. Policeman Henry Dricker quoted the remark.
New York reports a Bronx apartment disaster where a family of five died from coal gas fumes. The dead include Gustave Peter son 55, his wife Susan 48, and children Rose 17 Gustave Jr 13 Kathleen 9.
The Scandinavian languages are Swedish Norwegian and Danish cited as distinct linguistic branches. Researchers note mutual intelligibility is limited and each language has its own standard forms and official status in its country.
Raleigh reports 1929-30 public school enrollment across elementary and high schools increased from 1928-29. White pupils totaled 607,344 and colored 259,595. Average daily attendance reached 672,835, up 28,140 from the prior year, with 77 of every 100 pupils attending. Four factors boosted gains: fewer epidemics, split terms to aid cotton picking, stronger emphasis on attendance, and more unemployed youths returning to school.
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