05 Jul 1926
Page 1
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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Jul 05, 1926
Page
1
The Star Co. notes United States Steel crossed 140 yesterday as markets rally. Investors debate Steel’s use of its hundreds of millions in reserves, whether to pay dividends, issue stock, or bonus shares, while broader financial trends and energy costs draw attention to policy and industry signals.
Early today authorities hunted 21 Mexican convicts said to have escaped while being transferred near the mines in Boulder County. The escape sparked a manhunt as officers widened checks and sought assistance from state police. Local residents were advised to report any sightings to the sheriff’s office.
Crowds from many points gather in Amarillo for the city’s official Fourth of July observance at the Word ranch 18 miles away. A $1,760,000 reservoir project looms nearby as thirty beef in pits awaited serving at noon. Elks dance events and early arrivals marked the long holiday buildup.
A schedule lists Elks dance 5 to 8 AM at Word ranch events include AllPanhandle barbecue band concert vaudeville and stunt flying. The first annual Amarillo rodeo starts 2 30 PM at Tri State Fair Grounds with a water project inspection tour at 2 PM and a country club dance 5 to 6 PM.
A Sunday crowd estimated at 3,500 attended the second day of the first annual rodeo while 1,200 paid admissions were recorded for the Amarillo Panhandle baseball game. Families from nearby areas drove to the countryside for picnics, creating a lively weekend turnout.
The Taxi Dancer starts in The Globe on Wednesday. A thrilling night club story by Robert Terry Shannon, it has proved exceptionally popular with readers across the country.
AP report notes a relatively safe Fourth of July with about forty fatalities from automobile, drowning and other accidents as Americans celebrated. Chicago saw no fatalities, while New York reported few serious injuries including a youth wounded and an amateur chemist injured during gunpowder experiments.
Chicago staged a late ninth inning rally but Pittsburgh held on to win 4 to 1 in the morning game of a holiday double header. J. F. E. B. Weight of Baldwin Pianos is noted in the report.
Rev. Virgil Fisher of San Jacinto Methodist preached on athletic Christianity urging strength of body and spirit. The rambling sermon praised vigor and warned against neglecting bodily health as part of faith, urging active life and moral discipline among listeners.
President Coolidge invoked the spirit of the republic’s founders at the Sesqui Centennial Exposition in Philadelphia, warning against pagan materialism and urging reverence for the principles of liberty. He stressed that real reform comes from the heart of the people, not government action, and that self-government relies on individual observance of laws.
Chicago July 5Beulah Anna a famed former beauty known as Chicago's most beautiful murderer is at the center of a sensational love triangle. She killed her secret lover after marrying Albert Annan and now faces divorce from him despite his efforts to win acquittal.
Reports from R H Lynn indicate a 2610 foot well on the Sneed ranch in the Jones survey, deepest Moore county drill. Early chatter ranges from 40 barrels daily to a mere sand show, with optimism growing as the prospect nears confirmation. If producer, it could unlock the largest Panhandle field yet and set high prices for unproven territory.
Several people were killed and wounded during senatorial elections across Mexico. Deputy Luis Dominguez died and Deputy Angelo Ibarra was wounded in Oaxaca. Federal troops intervened in Tehuantepec after a clash leaving casualties. Some incidents occurred at polls in Mexico City with police separating belligerents. One opponent was arrested for firing at confederation headquarters from a passing automobile.
A man is missing while a woman is found alongside a road near Belton and Temple after an assault in Fort Worth area. Observers report suspects fled toward Waco as authorities search the route and linked towns. Local officials urged caution while continuing investigations and contacting Fort Worth authorities for updates.
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