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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Nov 20, 1936

Page

3

Textile Firms Show Tier Investment Return

The Federal Trade Commission reports cotton textile firms were more prosperous in July-December 1935 than in the first half. Spinning and weaving groups gained, while some dyeing and finishing segments posted losses. The survey covers over 60 percent of U S spindles and 78 percent of looms and details investments costs and profits across 1935 segments.

Ashington Federal Trade Commission Pri Commission United States

Wall Street Ends Mixed as Dyeing Firms Report Second-Half Gains

Stock traders tally broad gains in textile finishing groups with overall second-half results. Industry notes show profits for high dyeing and finishing companies up 0.63 percent on $9.3 million invested, while first-half losses drop to 1.01 percent across 11 firms.

Wage Increases Spread Across Nearly 200 Companies

The article notes nearly 200 companies boosting wages with about 575 million dollars in total, driven by extra and special payments to sidestep the federal tax on undivided profits and year end boosts. It cites specific raises from Texas Corp and Commercial Investment Trust, plus local Cleveland raises at Great Atlantic & Pacific Tea Co. and bonuses at Murray Corp. of America in Detroit.

Texas Corp Commercial Investment Trust Great Atlantic & Pacific Tea Co Greater Cleveland Murray Corp. of America Detroit

State WPA approves 52 relief projects in Raleigh

State WPA Administrator George W. Coan Jr announced approval of 52 relief projects in Raleigh involving federal and sponsors funds totaling nearly $750 000. The list stands as one of the largest single day approvals in the state WPA program.

Raleigh WPA George W. Coan, Jr

Seamen Granted Wage Increases in Coastal Fleet

Norfolk report says masters to $240 monthly, first mates $165, second mates $140, chief engineers $215, and first assistants $165, aiding about 150 seamen in the Hampton Roads area as coastwise towing firms raise pay. Captain B T Hurst of Local No 9 notes the broad impact.

Norfolk Gineers B. T. Hurst Secr Associat Hampt Roads Benel

Buckh Township Youth Sentenced for Brother’s Death

Sentenced in Dunn on November 20 Shel Dewar a 21 year old Buckh township youth received a three to five year sentence for stabbing his brother Fred to death last night.

Dunn Shel Dewar Buckh Township Fred

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