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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Nov 23, 1931
Page
9
New York opening sees cotton down 2 to 6 points on selling from the south and broker pressure. January slips to 6.08 with later rally to 6.10, May to 6.48 before easing. By mid-morning prices rebound but remain down for the day as covering and demand reemerge.
In Chicago on November 23 grain prices fell as a British sterling slump sparked selling. Wheat dropped further after an initial loss, corn fluctuated then declined, and oats and wheat futures faced pressure from exchange moves and drought woes in domestic wheat belts. Provisions held firmer on scattered buying.
Istanbul museum opens a long hidden map showing Christopher Columbus traced his third voyage to America. The document, preserved in the Turkish collection, offers new insight into early exploration and navigation.
In New Orleans on November 23 cotton futures eased early with December at 5.94, January 6.06, March 6.25 amid December liquidation. A late rally lifted Dec to 6.06, Jan to 6.20, Mar to 6.38 on short covering. Into noon prices slipped again to around 5.99, 6.11, 6.30 as stocks and grain weakened.
U S Department of Agriculture data shows hogs at 565000 head with direct sales 25006. prices range for various weights from 3.74 to 4.55 for hogs and 4.25 to 13.00 for cattle and vealers. Slaughter cattle and stocker trades mixed with steers 600 to 1500 pounds quoted 7.75 to 13.00, and lambs and sheep trading mostly steady with softer undertones.
Potatoes 113 on track 239 total U S shipments Saturday 548 Sunday 25 steady trading only fair sacked per cwt Wisconsin round whites No 1 80-90 ungraded 70175 Minnesota North Dakota cobblers 80-90 Red River Ohio's 80-85 Colorado Mc Clure's mostly 1.45 Idaho Rus ee No 1 1.40-1.50 commercials 1.15
The report states that thirteen foreign countries are represented in LSU's student body. It also notes that industrial enterprises in Palestine have increased more than sixfold since World War II.
Paris reports Briand proposed a new Manchurian inquiry plan to the League of Nations council but the body delayed approval pending Chinese and Japanese review. Sze warned any inquiry must demand immediate Japanese troop withdrawal, else it risks legitimizing the occupation and delaying a real settlement.
Washington observers note independents plan a meet this week to push for house rule liberalization and reduced boss control. Democratic Garner leads for speaker but independents may swing either party, while Republicans prepare for a caucus a week away and a follow up conference is planned.
In New York at Chase National Bank samples of Yap money include a stone weighing 120 pounds. The piece notes such stones represent the value of money in Yap and describe the social stake of large stones in local exchange.
The city contemplates spending 27 million dollars to remove Bunker Hill and free 30 blocks for building purposes, signaling a major urban development plan.
Dr Edwin Jean Reeves longtime prominent surgeon died at his Princeton New Jersey home after years of failing health. He was 62 and had moved there about five to six years ago after retiring from active practice. Born in Camden Arkansas he studied at Tulane University in New Orleans.
In Raleigh an executive mansion incident, three men stole Governor O. Max Gardner's limousine, fled to near Hopewell Virginia, and abandoned the car with state seals and license numbers visible. The trio escaped as Virginia police closed in.
The North Carolina Industrial Commission awarded Elmer Jackson of this city compensation from Hillcrest Silk Mills of High Point and Travelers' Insurance of Charlotte. He will receive 7.15 per week for three weeks from May 29 1931 and 7.15 per week for 97 weeks for permanent injuries including loss of fingers and 80 percent loss of use of another finger. Defendants to pay medical costs and hospital treatment plus exam costs and possible surgery costs.
The testimony outlines investigations into B G Dahlberg of Celotex and possible lobbying links to Senator Davis. Holland reports Davis and Indiana Senator Watson owned Celotex shares and describes a 1926 stock acquisition by Davis while Hale notes no money transfers or solid records of lobbying. Davis is cited in connection with tariff discussions and a Goodwin report mentions cabinet interviews without specific findings.
Associated students of the University of California contribute funds to support research work on athlete's foot.
High Point reports from November 23 1981 note easing banking strain and improving prospects in Germany while American industry shows only limited activity gains. Steel output remains steadier out of season even as automotive and railroad demand lag, with continuous bank credit liquidation and weak securities markets underscoring end of deflation pressures. The piece cautions that year end uncertainties and fiscal challenges will intensify readjustment before a hoped spring upturn.
About 250 Randolph county school teachers met at the court house on Saturday, called by superintendent T. F. Bulla. Dr. George H. Sumner spoke on school health work, and Dr. J. T. Burrus discussed the state health program. H. H. Hamilton explained teacher reports and led a round table discussion. The gathering fostered a better view of the county educational program and offered a chance to mingle.
New York reports three gangland killings in one day. John Jackie Lynch 26 was found propped against a Bronx fence, Michael J Ahearn 26 lay in a gutter nearby, and Jerry Gerrado 35 was discovered in a downtown street. Police say all were slain in the on the spot fashion common to gang violence.
Notice of foreclosure sale of property in Guilford County North Carolina under a 1923 deed of trust by Elmer R Pegg and Lenora C Pegg. Trustee J Allen Austin will sell at the Greensboro courthouse on December 24 1931 at 10 oclock A M the lot described as No 100 Court Drive Court Street area.
The North Carolina Highway Commission relayed major upgrades in prison camps including eight new camps at Yadkinville Louisburg Burgaw Troy Kenansville Raleigh Morganton and Marion and two more at Dobson and Jeffersdon. Existing barracks in Buncombe Guilford Durham Rocky Mount Edgecombe Rockingham Wilson and Johnson were taken over with modern water heating and sewage. inmates now receive clothes, balanced meals and reduced pneumonia risk.
Public notice of sale scheduled for December 24 1931 at 11 o clock A M in High Point Township Guilford County North Carolina. Lot No 277 Park described in Book 642 Page 218 and Plat Book 243 reference Register of Deeds office for location details. Trustee Austin and Turner Attorneys indicate the sale terms and date.
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