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Two THE PILOT, Southern IMnes and Aberdeen, North Carolina Friday, July 22, 193S. THE PILOT > Published each Friday by THE PlliOT, Incorporated, Southern Pines, N. C. NELSON C. HYDE Editor JEAN C. EDSON Business Manftffer GBARLES MACAULEY DAN S. RAY Advertising Circulation Halen K. Ratltfr, Beanie Cameron Smith, H. L. Epps, Associates Subscription Rates: One Year $2.00 Six Months H.OO Three Months .50 Entered at the Postoffice at South ern Pines, N. C., as second class mail matter. THE GENERAL RECOVERY PICTURE According" to some of the ex perts, the upturn in the stock , market was the result of a heavy, sudden influx of foreign money into American securi ties, Foreign capital, so the story goes, took the view that values were at extremely low levels, and that the market was a real bargain counter. The for eign financial invasion gave a surge of confidence to Ameri can investors, who began buy ing. Then the investment trusts, which had generally been out of the market for some time, wait ing for what seemed the low point, stepped in and the major rise resulted. The gains have been g-enerally held, with only minor reactions, on the basis of the latest quotations at the time this column is written. Irrespective of the cause of the stock rise, there are some welcome signs on the business horizon to indicate that it is justified by the position of commerce and industry. The barometers have not gone tar ahead of their spring lows as yet. But the tangible and intan gible factors affecting the late summer and fall outlook are def initely improving. There are sound grounds for arguing that, even though nothing like a boom can be anticipated, the bottom has been passed, and that the last half of the year will be sub-' stantially better than the first. ‘ The upward trend, in the \iew of most authorities, is due to start in August, after the tra ditional July shut-down in var ious industries, notably the au tomobile, and to continue at ^ slowly accelerating pace. Bigg’est late industrial news was the price cut in steel, ini-j tiated by U. S. Steel, This has I resulted in some new orders, I and much heavier orders are an-' ticipated. It is known tttet some industries have been holding off buying Steel because they believed that a price slash was an imminent possibility. Now that the price slash has occurred these industries are surveying their low inventories and again coming into t>he market. The cut, on finished steel, according to Iron Age, amounts to about 5 1-2 per cent. Car-loadings remain at poor levels—but there is even an ele ment of encouragement here, in that ever since the third week in April, says Business Week, the rate of loss as compared with the year before has stead ily declined. Best improvement in car-loadings has been in the field of m.erchandise shipments. Electric power output is also tending upward again, in spite of the fact that household load declines in summer, which indi cates a renewal of business ac tivity in some quarters. Output is running substantially under last year, but is coming gradu ally closer to that level. The inventory situation re mains favorable, especially in consumers’ goods lines. Most ex perts think that inventories have just about touched their lowest p6ssible point, and that buying will steadily improve. The out look for bu^g in the heavy in dustry field, on the other hand, is far less favorable. Also of great significance is what seems to be a material im provement in the state of mind of some business leaders who are gaining the opinion that the cycle is due to start upward again—for hr.w long, no ono knows. Anri a considerable amount of capital id coming out of hiding. Summing up{ best guess is that activity will slowly improve, but that there will be no sharp upturns in the production in dices, No one believes we are on the verge of a boom as we were in 1936. Many believe that pro gress will be consistently made THE POCKETBOOK 0/ KNOWLEDGE eCAINS CF S/IND fish A TRUNK JUST like AN elephant...IT lives onlv in AFRICA IN THE RIVERS VWERt ELEPHANT» set their 0RINKIN6 MOOTHBR Met in me >MORLD! TUe oh. MOUSTRy, SPB««N6' ANNUALLY M RESEARCH, HAS l&DUCE^E PRICE Of 6ASOUNE mOM AN AHeUkSt OP 30 CENTS A SAUON, vnTHOUT TAX, IN I92Q TD APPROVIMATHy OENTS lOOAH. One PHtsioeNT OF the UWTBD STATES WAS elected BV THE PEOPLE- BUT BY THE HOUSE OF REPRESEHTATMESJ John fluiNCV - ADAMS WAS EtECTEb -ir BV THE HOUSE AFTER THE ELEtTtoMf' OF I92*» WHEN NONE Of THE POUR candidates HAD RECCWED the aiAJOHITV of THE ELECTORAL VOTES REQUIRED 0V THE CONSmuTION FOB the CHOICI Of PRESlOE#4T...^ Prooocts unknown iO years ASO accounted fob ftO% OF THE 1937 BUSINESS Of ONE OF THt tAB&ESt CHEMICAL COMPANIES... AN INDICATION OF WHAT THE LABORATORIES OF INDOSTRV HOLD FOR THF fuTuRE M9MI0NABU MEN WORE TWO wATCHes IN the iTflO'S.. those WHO COULDN'T affobp two, but still wanted To BE IN style CARRIED IXP eeAL WATCH AND one puMMV/ From Father Williams we learn of an interesting series of coindences concerning Bishop McGinnis, present Bishop of Raleigh. He was bom in Bethlehem (Pennsylvania); installed as Bishop of Raleigh on The Feast of The Epiphany and the first church that he dedicated was the Church of The Holy Child, which was former ly a stable owned by a man named Herod. —but that it will be hard, slow going, and that there is no im mediate prospect for regaining 1937 levels. Many feel that se curity values have come up about as far as they will for some time, and that they will hold to about the current level. PREVENT WINTER FIRES RIGHT NOW Now is the time to get ready for winter comfort, while the heating plant is out of service. Many a December fire has been prevented in August. Your furnace should be thor oughly examined by an expert, cleaned, and necessary repairs made. Flues, chimneys and fire places should be given similar attention. All this work should be done in a first-class manner —short-cuts don’t pay. Another excellent plan is go on a still hunt through the house for debris. Litter in the basement — rickety furniture you stored away in the attic and forgot — greasy rags and waste in the garage—accumu lations of junk in drawers and cupboards—get rid of it now. Such accumulations are fire’s favorite breeding places. Next inspect lamps, electric cords and other equipment which is used little this time of year. They will have to carry their heaviest loads during the winter months—and any defect may result in a disastrous fire. And again, call in an expert—it’s cheapest in the long run. Ama teur repairs are ofter worse than no repairs at all. When this work is finished, you’ll have a more comfortable home as well as a safer home. It’s no sport to have your heat ing plant break down when you need it most—because of neglect and inattention. And no one en joys awakening in the' middle of the night to hear the crackle of unchecked fire. In brief—do your winter fire preventing now! THE LENDING- SPENDING MONEY There can be no possible ex cuse for using any of the $3,- 375,000 provided under the new lending-spending bill for pro jects which compete in any way with private industry. The purpose of the appropria tion is to stimulate business and employment. And it is certainly reasonable to presume that the money should be used for pro jects which will give business orders—and which will not take orders and customers away from it. There is no lack of projects which are properly a concern of government, which create a vast demand for labor and mater ials, and which compete in no Way v.ith private enterprise. The country needs more and siifer roads, for instance. It needs grade crossing elimination. In some cases it probably needs river and harbor improvement. It needs ."tream purification in many areas. It can doubtless use more public buildings. All such projects as these give a very large part of each dollar spent to labor, both on We’ve heard of "switch-hitters” in baseball many times, but the other day was the first time we ever en countered a “switch-pitcher.” He’s George Draughan, local Postal-Tele- graph manager and he throws equal ly Well from either side. He features an under-arm delivery reminiscent of “Submarine” Carl Mays and he has plenty of “stuff” on the ball from either side. PINEBLUFF The other day we happened across a returning fisherman who had spent the ^week-end at one of the nearby beaches and he showed us a copy of the following “fisherman’s creed” which, he avowed, expressed his sentiments perfectly. “Behold the fisherman—he riseth up early in the morning. He disturb- eth the whole household; mighty are his preparations. He goeth forth full of hope and, when day is done, he returneth—smelling of strong drink. And the truth is not in him.” Mr. and Mrs- J. B. Jarrett and daughter, Francis. Mrs. Perry of Danville, Va., and Mrs. J. D. Jarrett of Bassett, Va„ were week-end guests of Mr. and Mrs. J. H- Suttonfield. Lewis Netson of Hampton, Va., is spending some time with his grand mother, Mrs. Mary Meinhardt. Ml'S- Lawton Foushee and children, of Sanford, spent a couple of days last Week with her parents, Mr. and Mrs. J. R. Lampley. Mr. and Mrs. C. B. Davis of Greensboro were week-end guests of Mr. and Mrs. J. H. Suttonfield. Misses Ruth and Annis Smith and Woodrow Smith, of Greensboro, were guests of Miss Marguerite Deyoe on ! Sunday. Mr. and Mrs. Douglas David and children spent spent Sunday in Ben- nettsville. Mrs. Sam L. Vance and daughter, Sarah, of Kernersville, w'ere visitors at the home of Mr.-and Mrs. J. H. Suttonfield Saturday. Gloria Fletcher is spending the week with her grandmother in West End. Mrs. J. W. Grooms and sons, Mar ian and James, Miss Fletcher of Charleston, S. C- and Mrs. J. T. Mc- Master sJid daughter of Washington, D. C., are visitors with Mr. and Mrs. John McCaskill this week. Miss Elizabeth Fletcher of South ern Plnes is spending her vacation with her parents, Mr. and Mrs. Bel ton Fletcher. Mrs. Garland McCaskill of Can dor spent several days last week with her parents, Mr. and Mrs. J R. Lampley. Lee Buchan returned home Satur day after spending a week at Camp Speere in Charlotte. Mrs. Walter McNelUe left Tues- day to spend a month in Great Kills, Staten Island, and Guilford, Conn. John Buchan returned home Sat- u^ay from the C- C. C. Camp at Fort Bragg. Mr. and Mrs. B D. Lampley of Rockingham were Sunday visitors of Mr. and Mrs, J, R. Lampiey. Mrs. Gilbert P. McKinnon, Mrs. E. T. Carrdll and Miss Nancy Pat terson McKinnon of Maxton were visitors at thg Stuart home last week. Mrs. J. A. Patterson of Stocktall, Cal., and Mrs. Arthur Lietct and Mrs- Mildred Medill of Oakland, Cal-, were recent guests of their cousin, Mrs. Robert Stewart. Billy Buchan is spending (some time at Murrells Inlet, S. C., wjith his uncle, A. H. Buchan. Mrs. Clyde Keith left Monday to spend two weeks with her daughter, Mrs. H. P. Markham, in Greenville, N. C. A young woman of the town, in terested in the new Postoffice build ing and its grounds, wondered how long it would be before people would leave the sidewalk to short cut across the grass in order to reach the door in fewer steps. A mere sug gestion of a path was started when she left for a northern trip. After a month’s absence she notes the path has grown to wide proportions, the gra.ss is trampled down and the sod packed to the hard clay surface. The officials of the New York World’s Fair have an idea of trying an experiment on people who travel on foot about the fair grounds. In stead of erecting commanding signs “Keep Off the Grass,” they are going to use the one word “Please.” When fall grass is seeded in. Southern Pines might try the courteous meth- od. A sense of satisfaction Is felt by family and friends when honors are awarded the youngsters of the com munity. A young boy and girl have recently won distinction by their abilities. Nancy Wrenn was elected Chief of the Pow Wows at Camp Yono- lossie. This particular chleftian reigns In supremacy over the two subordi nate chiefs who command the two tribes of the camp. Nancy was se lected from out of 150 girls to her newly elected position. She has also been made Junior Councilor of Hor. semanship. In the Sandhills she is known for her skillful riding where she followed the Moore County Hounds through the past winter with out a spill, indicating she Is not an amateur. When Edward Prlzer won the State Beta award It did not come as any great surprise to his friends. From the time Edward was a small boy his Inquiring mind and curiosity led him to store away a fund of in formation along more lines than one. He followed the usual boy’s drift In collecting stamps, autographs, stones and minerals and so forth, although with more enthusiasm than some. His grades were above average In school and today there are things in his head, that are of value to a studious mind. Last year over 17,000 pc lestrlans were killed by automobiles. Every year new model cars are released to the driving public, boasting of in creased speed and power. If by some means of evolution human beings could emerge annually with stronger built and shock resisting bodies, the results might not be so disastrous to the man on foot. We often wonder if any community in the United States read their magazines with greater interest than the people of Moore county do. Through the long list of monthly or weekly publications we generally find a familiar name, face or au thor. Last week Miriam and Betsy Jean Johnson of Aberdeen looked out of State, Carl Goerch’s magazine, where they had been photographed for an illustrated story of the peach industry. Small Proctor Goldsmith has an amusing combination of pets. A shag gy dog, two kittens and a crow make up the outfit. One of the interesting features about the quartet is that I they are all garbed in the deepest black. Caste or class distinction doesn’t worry them, as they demo cratically eat from the same pan or sleep in the same bed or play to gether as the spirit moves them. Now If a black crow, a spotted dog- and striped cats would He down In close proximity, there would be some dividing line of color, but in this case, wings, paws and tails con verge In somber mass. If there are any .gloomy feelings, they might be found In the crow, who disllkeff solitude. A playful pass from a kit ten vanishes the melancholy air. A small boy, a dog, a bird and a couple of kittens have exploded the idea that only birds of a feather are con genial. A few years ago a covered bridge In North Carolina was nothing of a novelty. Today It is. Deep River, with its tree shades banks and its covered bridges, has been for a long time a picturesque bit of country. Rassle Wicker asks all who are interested, to save Jackson bridge, located between High FaUs and Mc Connell. from destruction. Deep River country is rich ixi his torical lore. Cornwallis invaded the territory in the troublesome Revolu tionary period. David Fanning, com missioned Colonel of loyal militia of Randolph and Chatham counties, moved through the neighboring coun ties, famous as the leader of the Tories- Fanning’s lawless deeds and crimes were known not only In the Horseshoe but from Hillsboro to Wil mington. He climaxed his escapades by capturing the governor of North Carolina and his staff at Hillsboro. The red clay hills are delightful country. Good sand-clay roads make winter driving a pleasure for the win ter visitor. The winding river adds scenic variety. The covered brdge brings its share of romance to the I’iver section. Rassie Wicker is in terested in preserving the bridge. More people of the county should stand by him, before the old struc ture is forever doomed. MARRIAGE LICENSES ISSUED Marriage licenses have been issued from the office of the Register of Deeds of Moore county to the fol lowing: James Edward Kelly of Washington, D. C., and Eva Richard son of Jackson Springs; Lennle Wil liams of Hemp and Frances Britt of Hemp. the job and in the plants sup plying materials. These are the kind of projects for which the lending-spending money should be used exclusively. P ainting • for Economy • for Protection • for Beauty The answer is SHERWIN-WILLIAMS Paints and Varnishes Re-Roofing • for Economy • for Protection • for Beauty The answer is JOHNS-NANVILLE Giant Roofing Stutts Supply Co., Inc. Pinehurst North Carolina ‘We are ydur headquarters for all types of Harditvare and Fanning Implements’* imnwmwtwKmmnnnumtMnnotnnwnttttmntttttttiwtttHmnnnnmiiiiiiiaimHmmnmmffliwmiwtminwttM
The Pilot (Southern Pines, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 22, 1938, edition 1
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