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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 10 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Oct 23, 1934

Page

5

Charlotte Sailor Killed By Truck On Highway Near Spencer

Salisbury North Carolina October 23 A Charlotte sailor named Benjamin J Swinson 29 was instantly killed when he fell beneath a trailer attached to a truck on a highway near Spencer Amos McLendon a colored driver for John Hardison of Wadesboro said he saw the man sitting on the roadside as the truck passed the man leaped for a ride missed his footing and the trailer wheels crushed his head killing him instantly Papers in his pocket identified him and showed he had shipping discharges and about 65 cents.

Salisbury Benjamin J. Swinson Charlotte Spencer N. C Amos McLendon John Hardison Wadesboro

Careful Selection of Ministerial Students Urged By Lutherans

The United Lutheran Church in America urged careful selection of students for the ministry at its ninth biennial convention in Savannah Georgia. A church board of education report warned against indiscriminating urging of boys to enter the ministry and stressed safeguarding church funds by choosing suitable candidates.

Savannah United Lutheran Church In America Church Board of Education

Stop Chills and Fever Malaria Tonic Ad

An old advert claims malaria causes chills and fever and promotes Grove's Tasteless Chill Tonic as a treatment. It touts quinine to kill blood infection and iron to fortify blood, urging a bottle for relief and prevention.

Grove

Wall Street Crash Remembered in Flynn Analysis

New York October 22 1934 John T Flynn revisits the 1929 stock market collapse and its causes Part one traces the buildup to the crash including misplaced faith in publicity over the economy risky bootleg credit and waning ticker capacity The piece notes public optimism and the scramble of bankers and politicians to steady the market with little warning of the era’s sweeping upheaval.

John T. Flynn NEA Service, Inc New York America Irving Fisher Wall Street Leonard Ayres Lamont Steel Westinghouse Montgomery Ward General Bisctric Trinity Churchyard Calvin Coolidge Puble Journal of Commerce Commercial and Financial Chronicle New York Times Index United States Steel Well Street Chicago Stock Exchange San Francisco Chicago Stock Exchange Hoover Julius Barnes Henry Ford Jimmy Walker Persia Rome

Market Rout Shrinks Value As Stocks Tumble

By evening five billion dollars in fictitious value was squeezed from the market. One stock sank 96 points that night, signaling heavy losses across trading floors.

Forebodings of Market Break Foreseen and Fulfilled

The speaker warned that a major market break could trigger ten million shares traded daily, plunging the Exchange into darkness. He compared a panic to a theater fire in lights out, a disaster kept from the public that later came true in full.

Stock Exchange Exchange

Shutdown of the Exchange in October Trade Collapse

Foreign lenders pulled bootleg funds as warnings hit shares in September and the October shock drove billions from the market. Stock totals surged and collapsed, with October 24 trading at 12 894 640 shares and October 29 at 16 410 030. Richard Whitney later cited a 33 000 000 share day as the ticker and systems failed, delaying opening until noon and a full shutdown through Monday.

Standard Ol Co New Jersey Cities Service Corporation Stock Exchange Exchange Richard Whitney

Peanut tax looms as Congress weighs penny bar fate

Washington column notes peanut pricing and a proposed processing tax to aid farmers who grow nearly a billion pounds yearly. It discusses how higher farm prices could reduce penny bars, the role of the AAA, and efforts to keep millers out of the pricing picture while Bethany Beach nostalgia shifts to Rehoboth. It also covers cabinet flags for Wallace and Cummings, and marine signal codes quirks.

Pia Wallace Washington Congress AAA Dan Dent Henry A. Wallace Navy Japan Jim Farley Homer Cumminge Hydrographic Office International Codes of Signals Cummings

Tenant Charged With Slaying Postmaster In Fifth Brawl

In Taylorsville North Carolina W R Reavis a tenant of the deceased post master James Linney is charged with killing him after a fist fight near Reavis farm Linney former post master at Hiddenite was found on a public road bruised about head and neck a motorist brought the body to town Linney survived by his widow a daughter Ruth Linney of Roaring River and a brother the Rev W E B Linney of Wilkesboro.

Taylorsville James ©. Linney Hiddenite W. R. Reavis Reavis Linney

Ex-Service Men Plan Barbecue Meeting Wednesday

Ex-Service Men's club to hold a meeting and barbecue supper at City Lake on Wednesday October 24 at 6 30 p m Announcement given by C A Craven chairman Neal Sinodis Astor Cafe manager donates supper A string band will provide music Seventeen new members to be initiated and invited to attend

City Lake C. A Craven Neal Sinodis Astor Cafe

Also Mentioned on This Page

Charlotte Sailor Flynn Greateman Carlysle Titlans Charles Mitchell National City Bank J. P. Morgan & Co Albert H. Wigson Morgans John D. Rockefeller Morgan Standard Ol Ballyhoo Wen New York Exchange Piedmont Motion Baird Efird Bard Charlotte. N American Telephone and and Refining Auburn Bethlehem Steel Consolidated Gas General Electric General Foods International Ee and Telegraph New York Central U. &. Steel U. S Johnson Bethany Beach Del Atlantic Rehoboth Beach Farooh Farley Union Bus Evita LOT NO. 1 LOT NO South Main St
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