Edsel Ford testifies on Guardian Bank losses in banking probe
Edsel Ford told the Senate Banking Committee that Ford Motor Company held about 32.5 million dollars in deposits when the Guardian Bank group failed during the Michigan bank holiday. He acknowledged holdings once valued near 15 million but now largely worthless due to stock declines and testified about bond deals and tax avoidance questions.
MENTIONED IN THIS ARTICLE
Washington
Guardian Bank Group
Detroit
Edsel Ford
Senate Banking Committee
Ford Motor Company
Michigan
Henry Ford
Ford
Ferdinand Pecora
Banking Committee Council
Ford Company
Pecora
Motor Company
Treasury
Guaranty Trust Company of
New Yoo
Massachusetts
Gunman in Hotel Shootout Ends in Fatal Sniping
Geary Holt waited at the hotel until Carson exited at about 9. Officers confronted him shouting to surrender. A face to face exchange led to gunfire and both sides took cover behind cars. Haimes' shot ended the confrontation by killing Carson.
MENTIONED IN THIS ARTICLE
Geary Holt
Carson
Harrison
Haimes
Wild Run Continues In Major Team Event Contested
Thurrell of Washington placed seventh with 594 while out-of-town pairs ranked high including W. E. Brownback and C. C. Lockett from St. Louis in 11th with 571 and Capt. F. G. French with Olive Peterson of Philadelphia 16th with 535. Other top pairs were Ralph Kemper and M. H. Besser of Chicago tied for 17th with 534 and S. N. Ruggenberg with C. L. Woldenberg of Madison 18th with 524. With the pair event out of the way, critics expect the major four-person team title to be decided today.
MENTIONED IN THIS ARTICLE
C. L. Woldenberg
Madison
Wis
Hunger strike grips China as couple near death in prison
In Nanking a Swiss man Paul Noulens and his wife Gertrude enter day 23 and day 15 of prolonged hunger strikes to protest failed retrials. Doctors fear for Paul’s life while Gertrude appears dying. They name Mme Sun Yat Sen guardian of their 6 year old son. Twenty Chinese girls imprisoned in a separate jail join in an eight day hunger strike in solidarity.
MENTIONED IN THIS ARTICLE
Nanking
Jan
China
Paul Noulens
Gertrude Noulens
Noulens
Three Men Die In Mono Plane Crash At White Rock Lake
Dallas January 11 three men died when a mono plane skimming White Rock Lake tipped during a sharp turn and plunged into the water. Victims were Walter A Flowers Jack Binion and Oscar V Poynter. Flowers, 30, pilot and Love Field hanger operator, had over 1100 hours flight time.
MENTIONED IN THIS ARTICLE
Dallas
White Rock Lake
Walter A
Tige) Flowers
Jack Binion
King George Hotel
Oscar V. Poynter
Love Field
Binion
Flowers
Poynter
Fort Stockton
Texas
Government actions dominate congressional agenda in postwar session
Congressional committees moved through a busy day handling farm credit mortgage refinancing bonds public sales bills naturalization fees and liquor tax measures. Edsel Ford drew attention during a Senate inquiry into Michigan bank tangles while Treasury spending neared 3 billion for the year and further disbursements were planned before the new fiscal year.
MENTIONED IN THIS ARTICLE
House Agriculture Committee
William S. Myers
Farm Credit Administration
House
Kemp-Sanders
Louisiana
Edsel Ford
Detroit
Senate
Michigan
Federal Treasury
Capitol
Harrison
Mississippi
United States
House Immigration Committee
Dickinson
Iowa
Dallas Delicatessen Robbery Nets $125 Hold Up
A lone bandit entered a Dallas delicatessen and held up proprietor Morris Ablon taking $125 before escaping. Two employees in the kitchen did not notice the crime.
MENTIONED IN THIS ARTICLE
Dallas
Morris Ablon
Stavisky Scandal Hits Premier Chautemps in France
Paris January 11 The Stavisky scandal rages through the government of Premier Chautemps as deputies demand truth. Authorities aim to punish police and judiciary while probes implicate deputies and writers in the Bayonne pawnshop case and a parliamentary immunity bid targets Gaston Bonne. Warrants issued for Albert Du Barry and Camille Aymard as the inquiry widens.
MENTIONED IN THIS ARTICLE
Paris
Stavisky
Camilo Chautemps
Chamber of Deputies
Chamber
Serge
Alex" Stavisky
Bayonne
Eugene Raynaldy
Gaston Bonne
Albert du Barry
Camille Aymard
Thompson Denies Federal Oil Authority in Texas Protest
Colonel Thompson refutes federal control over Texas oil, stating Texas relies on state officials for resources and rejects any code. He cites a federal oil suit and asserts rail commission orders balance consumption and production without outside influence, except for interstate oil transport per presidential decree.
MENTIONED IN THIS ARTICLE
Ickes
Railroad Commission
East
Texas
Thompson
Potter County Meat Plant Faces Closure Over Funding
The MEAT PLANT may shut Sunday night without federal funds. Texas remains the only state with canneries operating. Julius Dozenfield Jr. warns loss of Texas bread bonds could sharply cut direct relief, and the relief board may run a small scale plant or reassign workers if funds fail. Other relief efforts extend for four to five weeks.
MENTIONED IN THIS ARTICLE
Texas
Julius Dozenfield, Jr
Potter County
Potter County Relief Board
Pacific Hop Delayed by Weather Over Honolulu
Navy reports heavy overcast skies and light rain at Honolulu delaying flying time as planes were required to complete a 24 hour reach.
MENTIONED IN THIS ARTICLE
Navy
Honolulu
Band Parents Boost Drive for Amarillo Uniforms
The Amarillo High School Band seeks funds for 70 musicians to buy new uniforms before the March spring festival. Mrs. H G Hamrick announces ongoing contributions from Cunningham Floral Company Southwestern Public Service Polk Street Grocery B and B News Stand Cal Farley Amarillo National Bank Amarillo Paper Company Phillips Petroleum Amarillo Gas Company R P George Den Caldwell C W Farr Williams Boyce Insurance. Contributions can be arranged via Mrs Hamrick at 8137 or the News Globe at 6262.
MENTIONED IN THIS ARTICLE
Amarillo
H. G. Hamrick
Parent's Association
Cunningham Floral Company
Southwestern Public Service Company
Polk Street Grocery
B. & B. News Stand
Cal Farley
Amarillo National Bank
Amarillo Paper Company
Phillips Petroleum Company
Amarillo Gas Company
Church Convention Draws Pastors Here
A three day missionary convention of the Assembly of God Churches of the Texico district concluded with record attendance. Delegates from across the district attended, with speakers including Rev Noel Perkins from Springfield Missouri Rev E L Newby from Fort Worth and Rev Wallace Ross from Nebraska. Rev Ross is conducting a revival at the local church and Rev Guy Shields plans to depart tonight for meetings in the middle West.
MENTIONED IN THIS ARTICLE
Assembly of God Churches
Texico
Noel Perkins
Springfield
Assembly of God
E. L. Newby
Fort Worth
Texas
Wallace Ross
Nebraska
Ross
Assembly of God Church
Guy Shields
Middle West
Buchanan Extradition Fight After Writ Denial
George Buchanan of Potter County challenged extradition to Kansas City on a grand larceny charge. A habeas corpus appeal was denied by the Criminal Appeals Court last Wednesday. He has posted bond twice and was released on both warrants and the subsequent appeal. Buchanan resides in the River Road area.
MENTIONED IN THIS ARTICLE
George Buchanan
Potter County
Criminal Appeals Court
Kansas City
Sheriff's Office
Buchanan
47Th District Court
River Road
Texan Wins Jacob Wedell Scholarship at Harvard
John Bamber Hickman of Galveston Texas, a sophomore, has been awarded the Jacob Wedell Scholarship at Harvard College. The announcement came from Cambridge Massachusetts.
MENTIONED IN THIS ARTICLE
Cambridge
Mass
U.P
John Bamber Hickman
Galveston
Tex
Jacob Wedell
Harvard College
Per Capita Beef Decline Tied to Surplus Hog Dumping
The speaker blames surplus hog dumping under the AAA for about ten pounds drop in per capita beef consumption. He argues that once hog and dairy production align with demand, trade will normalize and most problems will fade. He urges protection for U S cattlemen from imports and supports modifying the packers consent decree and using regional credit corporations to aid the livestock sector.
MENTIONED IN THIS ARTICLE
AAA
Collins
Department of the Interior
Fugitive burglar eludes pursuit through store tunnels
A suspect fugitive, Gaines, escapes through a store tunnel system with pit traps and drilled peep holes to view the drug store safe. Wright emerges from an alley as officers discover luminescent paint on the safe dial and notes in Wright’s pockets suggesting copied combinations.
MENTIONED IN THIS ARTICLE
Smith
Gaines
Wright
Morning After Tame Compared To Final Exams
An Amarillo College student editorial mocks exam week with macabre humor about students and merchants. It imagines a funeral march procession starting Monday January 22 and invites readers to view “bodies” at the main college door, a satirical take on finals.
MENTIONED IN THIS ARTICLE
Amarillo College
Amarillo
Kansas City Market Reports Hogs Cattle and Sheep Prices
Kansas City markets show hogs and cattle trading mixed with price shifts. Hogs mostly 5 to 10 cents lower on moderate demand. cattle and calves steady to slightly higher in places with top yearling steers around 6.65, vealers 2.00 to 6.00. stockers and feeders at 3.50 to 5.00. Sheep prices steady to higher, lambs lower in opening sales. New Orleans cotton and New York stock updates follow in market notes.
MENTIONED IN THIS ARTICLE
Ine Ae Wee Crown Cork & Seal Teas
Sugar Tee Curtis Wright Eeraee
I Delaware Lackawenna Eee
Delaware & Hudson
Deere & Co Verre
Duwens
Eastman Kodak
Ace Auto Lite
the Power & Licht Ici Ar Wenee
Firestone Tire Aerdteeee
Fox Film
General Mills
Oeauty Gr
Gillette Razor
Goodrich Tire
Goodyear
Ant Gotham
Graham Paigess
Great Northern
Kelvinator
Kennecott Copper
Kresger
Kroger Groe & Bak
Lambert Beg
Libby Owens & Liggett Myers Nean Liquid Opens
Torntlerdeeseeees
Sal Mack Trucks
Matteson Alkali ‘Te
McIntyre
Mid Cent Pet
Missouri Kansas Texas Rr
Montgomery Ware
Motor Whee Os Wy Murray Corp
Nash Motor Ce Eecerere Revews
National Biscuit
National Cash Register
National Dairy Products
National Distillers Stvee
National Power & Saan
National Steel
National Suply
New York Tral Veeseene
NY NH &H
New York
North American Aviation North American Co
Northern Pacific Rr
Ohio Oil
Kansas City Livestock
Kansas City
D. A
New Orleans
Liverpool
Yeaterday
Stemdy
Also Mentioned on This Page
Tack
Lincoln Street
Long Beach
Calif
Dallas Lake
Roosevelt
Wnwee
Oliver Farm Machinery
Studebaker Corp Oi
Cece Sc
Pacific Gas & Pleetric
Texas Corp ci
Packerd Motor
Gulf Sulfur
Jeweee Penney JC
Texan
Pacific Coal & Saeeee
Pennayivan
Steer Peoples Gas Light
He Ae
Sabes Ae
Phillips Pet
Union Carbide
Producers & Refiners
Deesemenee
Union Ae
Pure
United Aircraft
Radio Corp of America
Republic Steel
Stan Bra
Westinghouse Electri
Calif & Electrie
Thee
Woolwort Worthington
Standard Standard of New Jersey
Stewart Warner Coenen Erese
Stone Webster Betes
Victor Bubank
Associated Press
Trade Newa
Engone Ag Ai
U. S
Nash Motors
Chrysler
General Motors
American Can
Consolidated Gas
Santa Fe
Union Pacific
Montgomery Ward
Pennsylvania
North American
American Telephone
Western Union
Jones-Manville
U. S. Smelting
Allied Chemical
du Pont
American Tobacco B
Liggett & Myers B
Dominion Stores
Alum Co. of America
Am Gas & Electric
Am Superpower
Eee
Ark Nat Gas
Canadian Marconi Face
Cities Service
Ines
Fort Motor Co
Trience
Gulf Oil Ee
Humble Oil
Wavetubusessnas
Imperial
Niagara Hudson
Penn Road
Indiana
Swift & Co
United Gas Eiendeeenere
John F. Clark & Co
Jno. F. Clark and Co
T. Close
Adams Express
Alaska
Juneau
Gold Alleghen Corp
Allied Chemical Allis Chalmers
Amerada Corp
Eivenee
Uni
American & Foreign Power
American Car & Fdy
Deere
American Smelt & Ref
American Steel Fdys Aes
American Tel & Tel
American Tobacco
BR Oc
American Water Works
Armour & Co A ’ Ween
Anchor Cap Corp Ve
Associated Dry Goods
Atchison Topeka & Santa Fe
Atlantic Refining
Auburn Auto Peeee
Aviation Corp
Baldwin Locomotive
Baltimore & Ohio
Barnsdall Olonce Bend
Cerro de P
Chesapeake & Peer
Chesapeake Corp Pace Aay
Chicago
Milwaukee &St Pat
Chicago & Northwestern Rr
Chicago Rock Island & Pacific
Chrysler Motor
Coca Cola
Colorado Fuel & Tren
Columbian Gas & Electri
Columbian Catheree
THE
Amarillo Daily News
Amarillo Globe and
Sunday News
GLOBE
Panhandle
East New
Oklahoma
Mexico
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