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Newspaper
Watauga Democrat
Location
Boone, North Carolina, United States of America
Date
May 28, 1931
Page
2
North Carolina tax reductions total nearly $9.7 million for 1931 32 and 1932 33 under a 15 cent education levy. Watauga County with 1930 assessed value 8 678 621 had 37 cent rate for six months costing 32 111. The 15 cent levy would cut taxes in 1931 32 by 19 093.
In Lenoir North Carolina fire rescue saved Russell Presnell and Bill Ingram from a major blaze that destroyed the Gateway Hotel and damaged the Gateway Cafe. Firefighters battled the flames for five hours and issued a second alarm as ruins flared. Plans for rebuilding were announced by Presnell.
Watauga Lodge No. 273 holds regular communication on Friday May 29 at 8 p m Election of officers urged for all members R Smith W M Gordon H Winkler Secretary
Raleigh North Carolina Watauga County reports 22 manufacturing establishments in 1929 producing 204 928 dollars of manufactured products. Average wage earners 111 total wages 75 911 dollars with material fuel and purchased current costs 96 579 dollars and 452 horsepower electricity. Forsyth tops state in product value, Rockingham third. Guilford leads in wage earners, Gaston second.
New York The world's largest bank Chase National of New York said on Friday that on June 1 it would lower the interest on compound interest accounts to 2 percent annually from 3 percent, with monthly compounding. This follows New York banks cutting rates on deposits by half a point and reflects efforts to move surplus funds. Mutual savings banks in New York City now pay from 4 to 4 1 2 percent.
Fifteen cars of sweet potatoes were sold this spring by Beaufort County growers adding one dollar a bushel above package costs for the sellers.
Ray Long predicts wheat may never again reach a dollar a bushel while U S production shifts to butter and dairy goods. Minnesota's 1929 wheat output contrasts with $125 million butter sales. Movies blamed for glorifying crime influence on youths, with Two Gun Crowley cited as an example of crime-inspired behavior.
The article describes Major Hugh Smiley in Massachusetts testing electric light in a farm to extend productivity and argues electric power saves labor and improves livestock. It then cites Highway Engineer and Contractor on bribes paid to influence road paving choices, calling such payments lawful graft and urging local newspapers to investigate taxpayer costs.
The piece recalls a New England spring tonic of sulfur and molasses used for generations, now explained as iron in molasses providing the benefit. Modern practice favors outdoor sun exposure and safe iron intake, reducing the need for a spring tonic.
Snow from a trace to nearly two feet covered parts of Wyoming Colorado Montana and New Mexico last Thursday. Rain and snow that began Tuesday was expected to benefit crops in the ground and reduce irrigation needs.
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