PAGE TWO
LEADERS IN STOCKS
SHOOT UP RAPIDLY
Buying Orders Flood Exchange On
Overnight Cutting of Margin
Requirements
New York, Oct. 28.—(AF)— Stock
market leaders shot up one to six
or more points at the best today in
the heaviest burst of buying witness
ed in many waeks as Wall Street
found a new lease on life in the Fed
eral Reserve’s sudden shift in mar
gin regulations. Purchasing orders
flooded board rooms on the overnight
news that requirement for specula
tive purposes had been cut, while
those for short selling were boosted.
Bonds did better all around.
American Radiator 12 3-4
American Telephone 153
American Tobacco B 72 3-4
Anaconda 29 7-8
Atlantic Coast Line ... 25 7-8
Atlantic Refining 23 1-2
Bendix Aviation 13 1-2
Bethlehem Steel 49 1-2
Chrysler 72
Columbia Gas & Elec Co 8 5-8
Commercial 9
Continental Oil Co 10 5-8
Curtiss Wright 3 7-8
DuPont 123 1-2
Electric Power & Light 11 1-2
General Electric 41 1-4
General Motors 41 3-8
Liggett & Myers B 86
Montgomery Ward & Co 41 1-2
Reynolds Tob B 4E 1-4
Southern Railway 14 3-4
Standard Oil N J 51 3-4
U S Steel 59 3-4
15 CALF PROJECTS
ARE CARRIED OUT
Newton, Oct. 28.—Out of 19 4-H Jer
sey club members in Catawba county
who siened for calf club work this
year, 15 have carried their project
through and have made showings at
the Catawba Jersey Cattle Club show,
the Hickory Fair, and at the State
Fair, reports County AgerU Earle
Brintanll. The entire group has placed
high with individual animals being
among the first three at all shows.
Each of the ten calves entered at
the State Fair placed in the money
with a selected group of six taking
second place, says Brintnall.
VANCE
LAST TIMES TODAY
“Reported Missing”
.Johnny Mack Brown Serial
FRIDAY SATURDAY
gfgMft
} W/ffor /
J
AUnivortol Pit tut» *' '
Plus: Black Coin Serial
BRAND j*
STRAIGHT WHISKEY 10 J
Available in Bourbon or Rye //if jflpl p
This whiskey is 2 years old—no £
increase in price. There’s a barrel flf/STh *.? t/7/
of quality in every bottle and it Jj.- /jfl
doesn’t cost a barrel of money W/
to buy it. 90 proof.
Ell Amcuesfy
m .KENTUCKY STRAIGHT
BOURBON WHISKEY
Klf If K If you’ve a taste fir quality, an eye
MM K for value, don’t miss this "double
fw i) S rich” Kentucky Straight Bourbon,
m made in the good old Kentucky
GoUen Wedding /HHHII
BOURBON J
BLENDED STRAIGHT WHISKIES M jffjf
iP&taftS’QP* wMW
GoldenWeddinghashad nopeers uni '//iMsm
for fifty years. Its golden taste /j/iL. Imßm
comes from its famous’ ALL whis
key” blend. 90 proof. ZZWm
I
THE HOUSE OF
SCHENLEY
Copyright 1937, Schenlev Distributors, Inc., New York City
COTTON PICKER
STRAIGHT CORN WHISKEY
• 100 PROOF
Real Com Likker. The cream of the corn! Try this old-time favor
ite. You’ll like the way it goes down. This whiskey is 18 months old.
COTTON IS STEADY,
WITH SLIGHT GAIN
Early Trading Sees Prices Up, But
Scant Declines Follow Later
In Morning
New York, Oct. 28.—lAP)' —Cotton
futures opened steady, up 5 to 9 points
on higher cables and commission
house buying. Shortly after the first
.half hour, March was 8.13, and the
market was 4 to 9 points net higher.
March was 8.10 and the list at mid
day generally was net unchange-d to
iwo points higher.
MILK COWS YIELD
INCOME TO OWNER
Bakersville, Oct. 28—John M. Buch
anan, of the Cane creek section in
Mitchel county, is getting $1.50 a day
in cash from his five milk cows and
is also getting all the milk and butter
needed at home, reports County Agent
J, C. Lynn. The surplus milk is pick
ed up by the collecting truck and a
check is sent each two weeks to Mr.
Buchanan. The price is based on the
fat content of the milk. Mr. Buchan
an states that milk production is off
at this time due to a shortage of pas
ture, but next year he plants to build
a trench silo and seed extra pastures
in an effort to keep up a steady milk
production from his herd, says Lynn.
SALES OF POULTRY
IN STANLY COUNTY
Albemarle, Oct. 28—Four hundred
farmers and farm women have coope
rated in the live poultry sales held in
Stanly County this year at which 41,-
210 pounds of live poultry have been
sold, reports County Agent John W.
Artz. Thesg sales have netted the
growers $6,054.06. Deliveries are be
ing made twice each month to the
cars, and these sales will be continu
ed until all the cqll birds are sold.
Last year the total sales amounted to
45,089 pounds for which the growers
received $8,120.92 and it is expected
that the sales this year will more
than equal this in money value, Artz
says.
Oct. 31 Last Day
On Soil Program
(Continued TTom Page One.)
manure will earn the grower $2 an
acre as a soil-building practice.
Farmers who plant forest trees on
crop land will get $7.50 an acre. On
other land, the rate is $5. Improving
stands of timber by thinning accord
ing to recommendations by the Ex
tension Service will pay $2.50 an acre.
Payments will also f;e given for ap
plying ground limestone or super
phospate on non-crop pasture land or
in comjection with the reeding ol
crimson clover, vetch, and Austrian
winter peas. For 1,909 to 5,009 pounds
cf ground limestone per acre, pay
ment is $1 par thousand pounds. For
applying 100 to 500 pounds of 16 per
cent superphosphate, or its equival
ent, payment will be made at 60
cents per 100 pounds.
The program also provides for a
payment of 40 cents per hundred
HENDERSON, (N. C.) DAILY DISPATCH, THURSDAY, OCTOBER 28, 1937
In Nazi Probe
si
mm
IV
BP#
Edward H. Hunter (above)
tive secretary of the Industrial De
fense Association of Boston, Mass.,
is pictured at a State House hearing
on charges that he is a Nazi propa
gandist. Under cross-examination,
Hunter, who is said to have ad
mitted to an extensive secret in
come, is also reported to have de
clared that he condemns the entire
Jewish race. :
(Central Press ) t
Mrs. Stainback, 68,
Sees Ist Picture
Mrs. P. H. Stainback, 68, of route
1, Henderson, who has resided in
ihe Epsom community her entire
life, saw her first motion picture
today at the Stevenson theatre, see
ing Shirley Temple in “Heidi.”
Members of her family had heard
Mrs. Stainback express her desire
to see a motion picture, and
brought her to the Stevenson. '
lineal feet of terrace. For sub-soil
ing to a depth of at least 18 inches
with furrow's sufficiently clotfe to
gether to break the sub-soil complete
ly, $2 an acre.
Floyd urged all growers who might
be uncertain about their allowance
or any other phase of the program to
see their county farm agent at once.
?7S W T92S PROGRAM VERY
DIFFERENT FROM OTHERS
College Station, Raleigh, Oct. 28. —
When Uncle Sam rings down the cur
tain on the 1937 Agricultural Con
servation program October 31, farm
ers will turn their eyes to the new
1938 edition.
Already approved by Secretary of
Agriculture Henry A. Wallace, thf
1938 program will differ in many
respects from those of the past. One
of the new features is the setting up
of national goals for many of the lar
gest cash crops.
Since it was first announced ten
tatively September 20, the new pro
gram has undergone but few altera
tions, according to Dean I. O. Schaub
of State College.
One of the principal changes has
been a decrease in the cotton goal.
This action was brought on by the
latest U. S. crop forecast of approxi
mately 17,500,CC0 bales. Previously,
the estimate for 1937 was 16,000,000
bales.
The latest forecast had not been
issued when the 1938 program was
first announced. When officials learn
ed that the lint crop was 1,500,000
bales larger than they had anticipated
they made adjustments in the new
program. The goal is now set at 27,-
000,000 to 29,000,000 acres.
Potato goals will also be included in
the 1938 program. More than 82 per
cent of the growers in the commer
cial potato producing sections favor
ed acreage stabilization in a referen
dum which ended earlier in the
month.
Payments will be based on the num
ber of acres planted, up to the limit
of a farm’s goal. The maximum pay
ment can be earned by planting the
full goal. However, payments will be
come progressively smaller as plant
ed ; acreage goes above the farm goal,
Dean Schaub explained.
New Program For
Grange Is Planned
(Continued worn rage one.)
of the Grange fire insurance associa
tion of North Carolina.
T. W. Allen, of Creedmoor, was elect
cd to the executive committee to com
plete the unexpired term of Robert
Pou, of Forsyth county. W. W. An
drews, of Goldsboro, member of the
1937 General Assembly, was elected
to the executive committee to repre
sent the east. ,
VANDENBURG ASKS
BUSINESS CHANGE
(Continued from Page One.)
men can go to work.”
Asserting government today is put
ting these “axioms” in reverse, he
said it is trying to go “in two opposite
directions” at the same time.
American business, Vandenburg
said, does not know the value of
money in which its comrnitments are
made, because the
self, alone-can change the value of
the dollar overnight.
“It cannot authentically anticipate
a reasonably reliable price range be
cause the alon^
can manipulate the price index thro
ueh the inflationary influences of his
olardom over gold, silver and green
backs' to say nothing of the effect
of the weird “scarcity theory.”
The principal exports of Almeria,
Spain, are grapes, esparto grass, and
ore from the neighboring mines.
POULTRY FLOCK IS
PROVED PROFITABLE
Brevard, Oct. 28. —W. T. Whitmire,
of the Penrose community in Transyl
vania county, made a net protit last
year of $424.37 on his poultry flock of
194 White Leghorn hens, reports
County Agent J. A. Glazerer-. During
the year the flock produced a total
of 41,822 aggs that sold for a total
of $905.07. Feed costs for the same
period were $480.69. For his first
poultry venture Mr. Whitmire made
over a barn loft into a modern lay
ing house with electric lights and
running water at a cost of only $5.00
and built brooder in a wood shed that
cost SB.OO, says Glazener.
DEMONSTRATION ON
HOG FEEDING GIVEN
Swan Quarter, Oct. 28 —A hog feed
ing demonstration just completed by
W. P. Hodges, of Scranton, Hyde
county, has returned a net profit of
$100.12 for the 48 day feeding period,
reports County Agent C. Y. Tilson.
This is an average of $2.27 a day just
for the trouble in feeding and caring
for the animals. Mr. Hodges has
been raising hogs and selling them
for a number of years, but this was
the first time he could tell exactly
what he made, and in the future, he
plans to feed the demonstration way,
Tilson says.
Young Roosevelt
Fills Needed Job
(Continued from Page One.)
extremely popular with Washington
newspapermen. He is an affable, ac
commodating chap and he “delivers
the goods.” W!hen a correspondent
asks him for information, if it reason
ably is available the inquiring scribe
gets it. He is not a bit up-stage and
is extremely accessible. In short, ho
is a great news convenience and the
reporters appreciate him. They have
no disposition to encourage disagreea
ble remarks concerning his new as
signment; he has done too many fa
vors for too many of them.
A Necessary Job.
Another thing, everyone knows that
“young James’” jofa is one which was
much needed.
There are so many federal agencies
now tjiat their respective heads’ re
quests for engagements at the White
House, to discuss their various pro
blems unavoidably pile up hopelessly.
Suppose the president works in 12-
hour shifts. And suppose he limns
each engagement* to 15 minutes. He
still has seen only 48 visitors daily.
And applicants for hearings number
into the hundreds.
To be sure, he has Secretaries Mc-
Intyre and Early to act as buffers
for him, but there are not enough of
them.
So he picks “young James” to sup
plement them.
Close Relation Aids.
It raises the cry of nepotism.
It is a cry which has been raised
against many senators and represen
tativee —as selecting wives, sons,
daughters, brothers, sisters and re
latives-in-law as secretaries and
clerks, or as choosing home town folk
for these positions.
I never have sympathized with this
outcry.
When, as a newspaperman, I ask
for an interview with a senator or
representative, I like to meet, in his
outer office, a secretary or clerk who
knows the point-of-view of his boss.
There is a class of legislative sec
retaries and clerks in Washington
who are purely perfunctory, profes
sional.
My preference is for those who are
locally, politically interested.
PHOTOPLAYS
“’Perfect Sound Theatre”
STEVENSON
TODAY TOMORROW
jifpll .Bki M ° nfrJiJffi!
Plus: Comedy and News of the Day
Showing
The Duke—Colgate
Football Game
SATURDAY
The STATE
10c Cozy and Nice 25c
TODAY ONLY
Richard Cromwell, Helen Mack
—in—
“THE WRONG ROAD
News Serial
FRIDAY SATURDAY
A new Western Ace—
Smith Ballew—in
Zane Grey’s
“ROLL ALONG COWBOY”
John Mack Brown Serial
and Comedy
Next Week
“HELL DIVERS” (
EFIRD’S HARVEST SALEI
A HARVEST OF REAL VALUES!
TRADE WITH SPIRO'S and SAVE
Men’s New Fall Hats
In the new Fall shades.
Homer Steel. Lt. Gray, Black
mixed, Green River, Navy
and Twilight 81ue—
-51.95 $2.95
Young Men’s
Mackinaws
Boys’ and young men’s mack
inaw coats. New A|J
novelty plaids .... v3»«/D
Rough Crepe
36-in. rough crepe. A real
gold quality. In black, wine,
dark green, iiavy ? A A
etc. Per yard .... ;
Clientelle Crepe
Novelty weave Clientelle
Crepe. Black, rust, navy,
green, etc.
Special JOv
New Fall Prints
Special lot new fall printed
crepes. Beautiful patterns in
dark colorings.
Per yard
Visit Our Shoe Department
Extra Special
Ladies’ Multi-Colored \
Slippers
Ladies’ suede ties and new
style fancy strap slippers in
beautiful assorted multi-col
ors. Compare these with any
regular $3.00 line, QO
Extra Special .... 1 • *7O
Sport Oxfords
Real Values
Ladies’ black and brown
sport oxfords. Goodyear
sewed real leather soles, me
dium or low heels, neatly
trimmed new styles. These
are the shoes you see priced
at $2.29 and $2.48 AO
Extra Value .... «pl«UO
Rubber Galoshes
For Women,
Misses and Children
Snap fastener rubber galosh
es in black or brown. New
rubber, good lining. Medium
high or low heel. Prepare for
the winter weather.
Buy now «/| C
EFIRD’S Dept. Store In. Henderson
Ladies’ Coats
Every coat an unusual value.
Boxy backs, swing models,
raglan and fitted styles.
Tweeds, plaids, and solids.
Brown, green, rust,
blue, and black .. 3
S.port and Dress Coats
Also Heavy Winter Fur
Collar
You will find so many uses
for a sport. Gorgeous fleeces
and woolens. Bright football
shades, also the fO C A
blues and black ..
\
Dresses
Ladies’ rayon crepe and print
dresses. In the new fall col
ors. Economy dj* AQ
values
Silk Crepe Dresses
Gorgeous styles, beautiful
materials. The new smart
shades, such as mahogany,
peacock blues, green, rust,
and of course d*Q f\r
black
Men’s New Fall Suits
Single and double breasted
styles, sports and conserva
tive models, serges, oxfords
fancy plaids, ets. You’ll find
them here in Fall’s smartest
models in sizes for regulars,
shorts, slims, stouts and short
stouts. We offer, we believe
the greatest dollar-for-dollar
value in d*i a r a
clothing history
Boys’ Navy Blue
Melton Jackets
Boys’ and young men’s all
-wool Melton zipper jackets. A
value really worth a dollar
more. Sale
price
Men’s full cut well made 8-
ounce sanforized £l7/®
overalls
Boys’ Overalls
An ideal garment for after
school wear. Blue covert.
Wide and narrow y| fli
stripes
Boys’ and Girls’
School Shoes
Boys’ and girls’ school shoes
in black or brown. Moccasin
toe blucher lace shoes, cap
toe, plain toes. These are
regular winter shoes and real
values. All sizes—B 1-2 to
11 and 11 1-2
Efird’s College Girls’
Dress Slippers
Beautiful assortment styles
and the different kinds of
leather in black or brown.
Kid leather, suedes, side
leathers, novelty ties, pumps,
new style strap. You will
marvel at these QO
these values tP***'o
Bedroom Slippers
Ladies’ felt bedroom slippers.
Full cut. Neatly trimmed.
Assorted colors. Both in felt
and felt with imitation OP
leather tips, pair C
New Fall Dresses
Be smart in these new fall
dresses. At such a small cost
You will find all the new
shades. Sizes 14 fftra
20, 38, and 52. .
Big Heavy Part Woo!
Blankets
72 x 84 part wool plaid
blankets at the lowest price
in many years. qq
A pair
Cotton Blankets 49c
Double bed size plaid or gray
with colored border cotton
blankets. Sale j a
price, each C
70x80 plaid cotton aa
blankets. Sale price, pr.t/JC
Gray Blankets
Large double bed size gray
blankets with colored border.
Special d»-i iq
a pair Jpi® 15
Single Blankets
Chatham 66 xBO Windsor
solid color single d»-| nr
blankets
s
Men’s Oxfords
Newest Styles
Men’s black or brown new
style crease toe, wing tip, cap
toe, plain toe. Cuban or low
heel. Good looking rfM AO
but strong for wear tP I *t/0
Men’s Work Shoes
Extra Values
Men’s black or brown good
pliable leather upper solid
leather insole, full leather
middle sole, Munson last cap
toe, blucher pattern. All
sizes 6to 11. Compare these
with the $2.50 QQ
kind. Special ....
Men’s Extra Special
Work Shoes
Men’s better quality black elk
leather, real leather insole,
double leather middle sole,
raw r cord outer sole. Special
designed extension heel Good
year welt. Built for hard
wear but solid com- djO QC
fort. Unusual value