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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Aug 29, 1932
Page
7
U S cotton prices jump 20 a bale since June and government estimates of 11 306 000 bales lift value prospects for farmers and related industries. Financiers manufacturers and merchants anticipate a buying tide as 2 000 000 cotton farmers and families see improved prosperity and potential new homes. Oysters pack value climbs 20 percent to 1 042 130 in the season ending June 30.
Matriculation will begin Tuesday and run through Wednesday with classes starting Thursday. President B. E. Masters says enrollment should be strong despite financial hurdles. The board adds a substantial down payment policy for the coming session and study hall requirements for students with low grades.
In Manchester authorities warn that a general textile walkout could halve spending power for over 10 million people within 50 miles of Manchester. Alderman George Titt led talks to avoid a strike as 200,000 weavers fail to return to work. Lancashire spinners vote on a 10 percent wage cut in ten days.
In a note to neutral powers on Sunday and Aug 29 Bolivia says it remains ready to suspend hostilities in the Gran Chaco based on current troop positions. It favors arbitration or peaceful means to settle the dispute but says Bolivia cannot bear responsibility for the present conflict.
A mother notes her 11 year old daughter Anna confessing a habit of rubbing a foot while standing. The article explains such nervous habits reflect inner tension and can be managed by finding satisfying activities and a calm home environment.
Rebels aided by soldiers set up a provisional government in Quitlo Quito as loyal troops closed in. They backed Neptali Bonifaz, elected last fall to take office next month, but argued he is ineligible due to Peruvian parentage and Congress backed the claim.
At Hark Point Nova Scotia a stranded sperm whale yields fifty gallons of oil and ambergris worth over $500 according to a fisherman. The incident showcases the coast peoples reliance on the sea and the motto E Mare Merces meaning wealth from the sea.
In Chicago on August 29 Henry Saul a hardware dealer was bound by two robbers who fled with $100. Saul wriggled free dashed outside and opened fire. He chased the robber who held the money knocked him out and recovered the cash.
In Dallas on August 29, two independents backed by oil operators won re election to the Texas Railroad Commission. Chairman C V Terrell secured the largest majority and vote total in any state race for a six year term against Rep. Lee Satterwhite of Odessa. Ernest O Thompson led for a four year term after appointment to fill a vacancy, defeating W Gregory Hatcher of Dallas. Thompson previously filled Pat M Neff's term. Terrell is from Decatur and has long served state offices.
The Amarillo man known for leading a drive for cheaper local utility rates seeks a seat on the Railroad Commission in June. Chairman Terrell largely drafted commission safety rules for motor transportation. Neither candidate is a professional civil or petroleum engineer. both have practiced law.
The Reconstruction Finance Corporation outlines loan guidelines for new self liquidating construction projects. Only new construction may be financed. no refinancing of existing projects. Loans come from a 1.5 billion infusion via the relief act. Borrowers must cap non executive work hours at 30 per week, ban convict labor, prioritize ex servicemen, and provide full project information to a five engineer advisory board.
Two desperadoes who robbed a Fort Worth family and abducted Joanna Weber an 18 year old girl were pursued in rugged country north of Madill Oklahoma. The girl was found bound nine miles from the Robbery site. Jewelry and personal belongings were scattered near the stolen car. One man described as old and the other youth may be escapees from the state reformatory. An arrest was made during the night and sheriff Byrd planned questions about the robbery.
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