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The Oldest Newspaper Published In North Carolina
The Carolina Watchman
"The Watchman Carries a Summary of ^All The 2SJgws,f
FOUNDED 1832— 100TH YEAR SALISBURY, FRIDAY MORNING, AUGUST 19, 1932. VOL. 100, NO. 3 PRICE 2 CENTS
Report Growth In Business Optimism
Local Buyers
Return From
N.Y. Markets
Stock Buyers
Give Big Orders
Merchants From All Over United
States Are Now Purchasing
New York Goods
Metropolitan Financiers Believe
Business Conditions Now On
Upgrade Generally
Buyers for some of Salisbury’s lead
ing stores returned to Salisbury this
week from business trips to New York
and declared that the feeling of busi
ness men is more optimistic than it
has been for many months.
An indication of better conditions
was the fact that so many buyers
from all parts of the country were
in New York, it was stated. These
buyers were really buying good stocks
lief that business is on the upgrade.
It was pointed out that many of the
stores have bought very closely in the
past year. As a result, the stocks are
low and they are now having to buy
a great deal to get ready for the fall
trade.
One buyer from a Salisbury store
said that he discussed conditions with
a large number of prominent men
while he was in New York. His re
action to these conversations was that
the country has good reason to feel
that things are going to be better
soon.
To the man who thinks stocks are
the backbone of the country’s busi
ness, there is the fact that the price
of hogs has advanced. Then for those
who place their confidence in the
price of commodities, there is the
fact that these prices are increasing
every day.
He pointed out that the price of
raw silks has advanced 60 per cent
in the past four weeks and that the
cotton market has taken a decided
spurt.
On the whole, it was declared mer
chants of Salisbury are getting ready
for fall business with a brighter out
look for its success than! they have
felt in a long time. The people of
the city, it was pointed out, have
many reasons for expecting that the
next few months will end much more
satisfactorily from the standpoint of
trade than has been the case in the
past year.
M—M—M———————— I ——
Heads Home Loan Bank
-MHK
Franklin W. Fort, New Jersey, is
president of the board of the newly
created Federal Home Loan Bank.
He has just been appointed by Presi
dent Hoover. There are four other
members of the board, two Repub
licans and two Democrats. Mr. Fort
was former member of the House of
Representatives from New Jersey.
Good
Morning
CREED OF THRIFT
Work and Earn.
Make a Budget.
Record Expenditures.
Have a Bank Account.
Carry Life Insurance.
Own your Home.
Make a Will.
Invest in Safe Securities.
Pay Bills Promptly.
Share with Oothers.
HARDLY IN HER LINE
Friend—Say there’s a bunch of
people outside waiting to see you. A
mong them is a bishop who says
he married you some time ago.
Film Actress—Gee! I’m practically
certain I never married a bishop.—
Montreal Star.
THAT’S THAT
Red light—no traffic in sight to
cross on the green.
Wait?
Should say not—right on through
on the red.
Woman driver?
Surel
But at that same light we have
seen drivers of the other sex speed
through when there was traffic
starting across on the green!
Mule in a barn yard, lazy and ilck
Boy with a pin in the end of a
stick.
Boy jabbed the mule; mule gave a
lurch—
(—services Monday at the M. E.
Church.)—Bowling Green Exponent
THE COMPLETE BORROWER
"Lend me your ears,” the poet cried
And he read his verses through;
I’m sorry now that I complied
For his thoughts were borrowed
too.—P. W.
DON’T GIVE UP, LADY
"Commence each day with a smile,”
they say,
But take it from me it does not pay.
I greeted the morn with a joyous
song
And my neighbor called, 'Is someth
ing wrong?”
When the bacon burned I merrily
laughed
And my husband said: "Have you
gone daft?”
I told a caller I liked her hat—
And she told me I was gettinlg fat.
I started the day with a glad good
will—
I finished it up with a wish to kill.
Kansas City Star
STEWARDSHIP
I bought gasoline; I went to the
show;
I bought some new tubes for my big
radio;
I bought candy and peanuts, nut bars
and ice-cream;
While my salary lasted, life sure was
a scream!
It takes careful spending to make
money go round;
One’s methods of finance must al
ways be sound.
With habits quite costly, it’s real
hard to save;
My wife spent ten "bucks” on a per
manent wave.
The church came -round begging.
It sure made me sore!
If they’d let me alone I’d give a lot
more.
They have plenty of nerve! They for
get all the past
I gave them a quarter the year before
last.—From the Lookoout.
Passerby (running into house after
hearing screams): "If you don’t
stop beating your child I’ll call the
police.”
Man’s voice from within: "This is
no child, it’s my wife.”
Passerby: "Oh, pardon me, I’m
sorry I intruded!”
"Look, here, you’re cheating!”
“I am not. I had that ace long
before the game began.”
Now Facing Murder Indictments x
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A trial which seems certain to attract national attention is that ot Libby
Holman Reynolds and Albert (Ab) Walker at Winston-Salem, N C.. on
an indictment charging murder of the former’s husband, Z Smith Reynolds,
heir to a tobacco fortune Libby Holman Reynolds, famed Broadway
"Blues’ singer, and Walker, companion of the late husband, Reynolds,
were released following the Coroner’s inquest, but rearrested following an
investigation by county authorities The death oi Reynolds terminated a
big party over July 4th weekend Photos show Libby Holman, Ab Walker
and Alfred Holman. Cincinnati lawyer, who will help defend his dauirhtei
HOOVER CALLS
TRADE PARLEY
FOR AUGUST 24
President Hoover set August 28 as
the date of a White House conference
of the business and industrial com
mittees of the twelve federal reserve
districts, "for the purpose of organ
izing a concerted program of action
along the whole economic front.”
"The conference will deal with
specific projects where definite ac
complishments in business, agricul
ture and employment can be attained
and will co-ordinate the mobilization
of private and governmental instru
mentalities to that end,” Mr. Hoover
said.
The chief executive added that he
planned to appoint special commit
tees to deal with questions directly
concerning agriculture, labor, rail
ways and other industries.
Mr. Hoover enumerated the sub
jects to be "considered and definitely
co-ordinated,” as follows:
"A canvass of the means, methods,
agencies and powers available in the
country for general advancement;
wider expansion of credit facilities to
business and industry where consum
ption of goods is assured; co-ordina
tion and expansion of live stock and
agricultural facilities; co-ordination
and expansion of financial facilities
for the movement of commodities
into consumption; expansion of pro
grams for repairs and maintenance of
the railways; and creation of organi
zation for further spread of existing
employment anj[l expansion of em
ployment.”
RUM DIVIDEND
TO BE DECLARED
BY DISTILLERY
The National Distillers Products
corporation, forseeing a change in na
tional prohibition laws, ordered a d s
tribution to stockholders, in 1934, of
a large part of its whiskey stocks.
The company, which has operated
successfully since the eighteenth a
mendment became effective in those
states permitting distribution of med
icinal whiskey, will give 12 quarts of
whiskey to every holder of five shares
of its stock on October 1, 1934. The
stockholders thus favored will be of
record on September 15, 1934.
Seton Porter, president of the com
pany, explained the company’s posi
tion in relation to its lorig stored
stocks of spirits.
"Regardless of the national action
on prohibition laws,” he said, "we
have, by observing the law and sell
ing only where we were permitted to
sell, piled up a reserve of stocks. Our
stockholders, who have stood by us,
deserve to have this dividend.”
ROOSEVELT PICKS TREASURER
Frank C. Walker, close friend of
Franklin D. Roosevelt, was named
by the Democratic nominee as treas
urer of the national committee char
ged with securing campaign funds.
DEAD IN BATHROOM
Ellis L. Roper, prominent merch
ant of Washington, N. C., was
found dead in the bathroom led to
discovery of the body two hours af
ter death. _
Roundup Queen
Melissa Parr, full-blooded Cayuse
Indian girl, has been chosen Queen o)
the Pendleton (Ore.) Roundup, Sep
tember 9, the second time in the his
tory of the event that an Indian girl
has been named.
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Genius Honored
e HSHMMMBm I || | “
Frank J Sprague, New York, na
tionally known as the “Edison ot
Transportation," has just celebrated
his 75th birthday, upon which occa
sion science and industry tendered
great tribute
\
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News Briefs
AUTO WRECKS TAKE TOLL
Automobile wrecks in state over
the week-end took a heavy toll. The
infant daughter of Roy W. Welch,
Gibsonville, was killed early Sunday
in the sideswiping of his machine by
that of W. C. Walden. Joel Rose, 16
and George Coate, 23, were killed
and six were injured in a head on col
lision of two cars near Goldsboro late
Saturday night. Max Fisher, Rich
mond, Va., and H. F. Coate, West
vaco, Texas, were killed and three
hurt in the wrecking of the machine
of James R. Mobley Reidsville, five
miles nlorth of Greensboro, Sunday
afternoon.
MAXTON YOUTH KILLED |
It is suspected Halber Alford, 19,
Maxton, fell asleep at the wheel of
his car when it rammed the rear of
a truck on Long Island. Alford and
his companion, Charles Cheney, of
Georiia, were' killed.
DIES IN TRUCK WRECK
J. L. Chappell, 40, was killed and
Graham Haynes injured in the wreck
ing of a truck load of chickens near
Fredericksburg, Va., as the two were
on their way from Elkin to Balti
more.
FATAL FALL X>URFNG FIGHT-,
Glenn Wyke, 22, and Jack Hodges,
both of Boone, engaged in a fight on
a hotel porch at Blowing Rock one
night. Both fell from the porch on
to a rock ledge, with Wyke’s injur
ies causing his death on Friday. The
two had quarreled over the favor of a
young woman.
HELD FOR YOUTH’S DEATH
Collie Burch and Walter Chappell,
Bertie county men, are held for the
death of Joe Burch, 17, whose body
was found near his abandoned truck
between Sunbury and Gatesville, Sat
urday. The boy’s head was fractur
ed. A bloody hammer was found
near by. Chappell is known to have
left Portsmouth with Joe Burch a
few hours before the body was found
by a passing motorist.
KILLS WIFE IN ACCIDENT
Thomas Ramsey, of Rockingham
county, was trying to shoot a weasel
in his barn. His foot slipped and he
accidently discharged his gun in his
fall. The load struck Mrs. Ramsey
in the head, causing almost instant
death.
HIGH POINT SLAYING
R. J. Kaiser, 22, High Point, was
shot and killed by Melvin! Mabe, 18,
Mabe claimed he shot only after
Kaiser and another man had assault
ed his sister, Mrs. Berta Shoe, and
had struck her with a chair. Mabe
is held charged with first degree
murder.
VICTIM OF FREIGHT TRAIN
Trying to board a freight train at
Hickory, Dell Crabtree, 15, Charlotte
fell under the wheels and was instant
ly killed.
FALL VICTIM IDENTIFIED
The man who fell 35 feet to his
death from a trestle near Monroe, was
identified the next day as Randolph
Briggman, 29, Rockingham.
AUTO EXECUTIVE A SUICIDE
Ray A. Graham, 45, executive of
the Graham-Paige Motor company,
Detroit, ended his life at Chatham,
Ontario, in a leap into a creek near
his hotel. He had recently suffered
a nervous breakdown.
GEORGIA MARKET OPENS
Georgia’s tobacco market opened
Monday morning, with total sales
for the season expected not to reach
30.000. 000 pounds as compared with
59.000. 000 last year.
ELLER FREED OF MURDER
Alvin Eller, charged with aiding
in the murder of Gus Bounous, Val~
dese merchant, was freed of the
charge at Morganton by jury verdict.
Unemployed
To Get Jobs
On Highways
Extra Employes
Added To Mills
Estimated At Least 200 Mills Have
Reopened In The Two Carolinas
The Past Week
State And Federal Agencies Begin
ning To Relieve The Unem
ployment In This State
Approximately 200 cotton mills,
hosiery and silk mills and furniture
factories have resumed operations
in North and South Carolina during
the past week or ten days, following
shutdowns of various durations, ac
cording to estimates compiled from
various press reports.
Increased wages have been author
ized in some of the mills, it was re
ported.
A majority of the mills in both
•tatcs arc 'opening »«»««.
ing once more the wheels of indus
try that have been idle so long in
some sections.
Some of the mills are running day
and night while others have employ
ed only day shifts. Quite a few are
still on a three or four day week
basis.
According to press reports, dur
ing the past week, orders were pour
ing in daily for new business, suffici
ent to operate full time until Octo
ber or November.
The highway commission has an
nounced a plan to establish "employ
ment zones” in the vicinity of
highway construction! to aid unem
ployment in various localities. Im
mediate extensive highway projects
have been announced.
Other state arid federal agencies
are getting underway to re-establish
normal conditions and eliminate the
unemployment situation.
Four hundred extra employes were
added at one North Carolina plant.
HELD FOR SON’S DEATH
George Lane, Perquimans farmer,
is being held for the murder of his
son, Woodrow, 17. Lane said he
found the boy dead under a fallen
tree, but death was found due to a
skull blow. An axe was found near,
by. The death of Lane’s first wife
laik February is being probed. He
married a few weeks after she died.
Both the wife and son were insured.
Secretar^ofCommerce j
Roy D. Chapin, Detroit automobile
magnate, is the new f'xretary of
Commerce in the Hoover cabinet,
succeeding Robert P. Lamont, who
resigned to enter private business.
Mr. Chapin is 52 years old, and has
long been a conspicuous figure in the
automotive industry.