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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 08, 1937
Page
9
Washington reports the Federal Reserve Board bulletin shows foreign hot money has had little effect on the stock market. It notes withdrawals mainly from bank deposits rather than securities and cites French capital tied to France’s fiscal crisis as a key factor.
Administrator of J P Rawley estate seeks claims by November 3 1938 at High Point NC and urges immediate payment. Notice also announces public auction sale of land in High Point Township Guilford County on November 22 1937 at 11 00 am with 5 percent cash deposit and taxes and street assessments due.
A quiz asks five items: Texas history flags, Tommy Atkins as British army privates, the earth"s four poles including magnetic poles, Alexander Hamilton on the ten dollar bill, and a humorous sign about shaving for nothing. The format mirrors a comic page reader quiz.
The article recalls 1777 when Washington fought at Brandywine and faced the winter at Valley Forge. It notes the Philadelphia fall, public discontent, and Congress’s weakness, yet highlights Washington’s perseverance that led to later victories for the colonists. The piece mentions a 1928 commemorative stamp showing Washington praying at Valley Forge.
The New York stock market opened with a sharp tumble of up to two points but recovered as selling dried up. Leaders in motors, steels, and rails led the steady rebound while gold and dollar moves pressured sentiment. Cotton futures dipped on forecasts of a record crop but rebounded. forecasts of lower corporate earnings restrained buyers.
Enterprise Bureau reports Raleigh notes North Carolina's visitor appeal and resident attraction. Senator Reynolds lauds the program after west surveys. State Health data show a rise in disease cases led by syphilis and chicken pox, with total weekly cases around 1,345. Industrial efforts stress NC’s southern market access and location advantages for businesses.
Ancient Easter Island hosts stone images carved in groups along a sloped shore. The hundreds of giant statues were rolled from quarries and erected without timber as the island lacked trees.
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