05 Nov 1925
Page 1
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Newspaper
Albuquerque Morning Journal
Location
Albuquerque, New Mexico, United States of America
Date
Nov 05, 1925
Page
1
Total sales reach 2,801,600, surpassing last year's high by 99,000 on October 16. Market activity reflects a vigorous rebound with notable gains across key listings and increased investor participation.
New York, Nov. 4 The Associated Press reports Wall Street experienced its greatest stock market boom in nearly a decade with total sales over 2,801,600 shares, the highest since the 1917 peak. United States Steel led a broad advance, jumping over five points to 134 1 4, amid rumors of a massive corporate capital redistribution and possible dividend actions by major firms. General Motors and other key issues showed gains while some stocks declined.
Washington dispatch reports destroyers Coghlan and Lameen moved from Suda Bay, Egypt to Beirut as a precautionary measure. Ambassador Knaben confirms cables urging protection of Americans in Beirut, with prior suspense about Damascus. The ships have remained near the Syrian coast awaiting possible danger to U S personnel and property.
In Boston on November 4, Pinsegan defeated Pinne to set up a future challenge for Kid Kaplan, featherweight champion, with the winner to meet Kaplan in York next month. The bout trimmed the field and solidified Pinsegan as a rising contender in the division.
Weather outlook for Denver Nex and New Mexico shows Thursday and Friday with varying temperatures and moisture. Arizona sees general fair conditions Thursday and Friday with little temperature change. Local report notes conditions cooled with recent data from university measurements.
Prediction by prominent Democrats that J B McManus warden of the state penitentiary will be chosen as chairman of the Democratic state central committee at its Albuquerque meeting. E B Swope intends to resign. The committee will adjourn to honor late Ed C Tafoya corporat ion commissioner with funeral in Santa Fe attended by Governor Hinkle.
Rep John Philip Mill of Maryland told a San Francisco audience that modification of the Volstead Act is inevitable under the Prohibition Amendment. William H. Meteon of California chaired the meeting. A Federal Council of Churches report was called the most telling indictment of Prohibition to date. The congressman argued two points would suffice to condemn the act, citing the report on its social and moral impact and enforcement attitudes.
Washington figures say yesterday's results signal a swing against Republicans with a Democratic Congress expected in 1924 and a Democratic president in 1928. By election highlights in New York New Jersey and Kentucky Democrats won, while New Jersey congressional races narrowed Republican margins.
Albuquerque officials and North End residents debated including the suburb in city extensions for sewer water and bonds. Mayor Tingley outlined $25 million city backing, tax rules, and timing while proponents cited growth and health benefits. Critics led by Jesus Romero urged caution citing costs and political concerns.
Very Rev. Kawara of St. Mary's Seminary in Baltimore died last night of heart disease at age 71. Father Dyer was widely known in Catholic circles.
Robbers held up the State Bank of Tinley Park in a southwestern suburb today and escaped with fifteen thousand dollars. Police hunted for the suspects as details emerged from the morning robbery.
Women from across the United States will gather in Hot Springs Arkansas November 16 to 21 for the thirty second annual United Daughters of the Confederacy convention. Officers exponents delegates and representatives from patriotic organizations will discuss benevolent educational and historical projects including the Jefferson Davis highway Cross of Service to World War Veterans Woodrow Wilson scholarship and Historical Foundation fund.
More than 800 membership applications filed with secretary John Milne 24 hours before the convention begins as 1000 teachers expected. Educators arrive from across the state with sessions at Washington Junior High School auditorium and the UNM chemistry building. The Chamber of Commerce runs an information and transportation bureau at the Y M C A with a windshield ride program and a central help line.
Governor Hunt of Arizona cannot attend the annual Wildcat Lobo clash at Lobo field due to a Senate land committee meeting in Flagstaff. President David S. of the university said Hunt regrets missing the game while A. T. Hannett will attend but cannot arrive in time for the parade.
Denver reports Dr. Harold B. Blazer a 61 year old country physician stands trial in Arapahoe county district court at Littleton for the murder of his 32 year old paralytic daughter Hazel Blazer known as the child woman. The state accuses him of poisoning her with mercurial poison on February 24 and he attempted suicide leaving a note fearing to be a burden to the community. Jury selection moved slowly with limited qualifications and defense argues temporary insanity.
After five witnesses including the injured man testified, the State v Conrado and Gaulfrido Ruiz case in Montoya Court was continued to 9:30 a.m. Ramirez testified the brothers attacked him with knives and billiard cues in Bernabe Sisneros pool hall after he accused neighbors of theft.
Roy Chapman Andrews arrives in San Francisco from the Gobi expedition revealing forty fossilized dinosaur eggs and six cretaceous mammal skulls. The 40 member staff traveled 5000 miles with 2200 in unexplored country as new evidence about early life and mammal reptile links emerges for the American Museum of Natural History.
Judge C B Wortman urged eight months of pre election registration and a bi partisan counting board in every precinct to post returns by eight on election night. City Attorney Jamison backed non partisan honesty in elections and voter education. Former Senator H O Bursum proposed small units, mail registration, publication of lists, and a bi partisan canvassing board under court jurisdiction to resolve ballot questions quickly. Mrs Sarah Yatt chaired the Franciscan hotel meeting of the League of Women Voters.
The western joint association of general chairmen of the Brotherhood of Railway Trainmen and the Order of Railway Conductors approved a plan to restore war time wage levels. The proposed raise would exceed 25 million dollars annually for more than 200000 yard and train service workers. The action marks a reopening of the 1923 24 campaign by railroad unions. The group met two days and will elect officers and a conference committee tomorrow.
The House Ways and Means Committee opened work on a tax cut bill and asked the Treasury for data on possible government expenses and receipts for the next fiscal year. While Mellon proposed a maximum $300 million cut, members and the president favor considering greater reductions. The panel agreed to a multistep program targeting income taxes first, then corporations, estates, gifts, and other levies, with drafting to be led by Green, Hawley, Mills, Garner, and Collier.
Mrs. William J. Clark told Newark detectives that she and Joseph Cowen saved a $2000 elopement fund in a Newark bank after her husband was killed entering his Hillside home. Cowen is held without bail as the affair is investigated. The confession notes Cowen urged elopement repeatedly, but she denied promising to run away.
Urbana reports Red Grange devoted nearly half a day to help a Black teen and his friends find tickets to the Michigan-Illinois game. With 63,000 seats sold out, Grange canvassed associates to secure two seats for the student who admired his gridiron feats. The Wheaton High School alumnus shared the request, illustrating Grange’s generosity amid a flood of fan mail.
Lieut W. F. Jordan of the headquarters troop eleventh cavalry at Albuquerque has resigned. No successor has been appointed and his post as signal officer is hard to fill, requiring a telegrapher and Morse code expertise.
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