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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 06, 1927
Page
13
Chrysler Sales Corporation announces the reopening of the Chrysler Service School in Detroit for its distributor and dealer network. The week long program runs 8:30 am to 6 pm with an evening class, covering service station operations, accounting, stock keeping, diagnosis and maintenance under Chrysler engineers.
The Willys-Knight Great Six made a coast to coast test from Los Angeles to Portland to prove high speed endurance with unusually low gasoline use. Emmit B. Rice, chief of the San Fernando police and fire department, drove the car during the staged run arranged with traffic officials across the states involved.
Contracts awarded for a new 400 by 90 foot engineering building devoted to Oldsmobile development, design, and research. The facility, part of a $3,000,000 expansion, features laboratories, dynamometers, model car studio, and a shop capable of building an entire car within the building.
North Carolina records show a 202000 acre drop in cotton plantings, with about half redirected to hay and grain crops. Dean I O Schaub cites tobacco and peanut acreage gains as factors, and the shift boosts feed crops to 768000 acres from 658000, plus small gains in potatoes.
New York November 5 AP reports a substantial market recovery from recent lows with a correctional rally amid bear pressure on motors steels and minor specialties. Money rates eased after month start requirements with official rate at 3 12 percent and outside loans as low as 3 percent. Brokers loans rose unexpectedly due to temporary financing for new bond floatations. Steel shares rose but gains were checked by weak trade news.
Commodities showed a tendency higher in recent weeks with Ford competition cited as a spur to liquidation in motors. Copper, oils and tobaccos rose as export copper prices strengthened and domestic stocks fell, led by Calumet and Arizona. oil markets benefited from lower crude output and strong gasoline demand.
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