Hoover Looks to Financiers As Main Help
President Hoover pushes a $500 million private banking pool to revive business, with Treasury and Fed plans for broader reforms. The plan loans fresh credit by taking over depreciated assets to ease bank liquidity, while lawmakers mull a revolving fund for failed banks. A separate suit targets 18 U S insurers for operating in Texas without permits.
MENTIONED IN THIS ARTICLE
Thomas L. Stokes
United Press
Washington
Hoover
Federal Reserve
War Finance Corporation
Treasury
Federal Reserve System
A Useful Fund And Charts Of A Times Crisis
Arthur Brisbane surveys a five hundred million dollar fund and Federal Reserve flexibility to ease credit amid stock market gains. He notes Britain’s dole politics and gold-standard abandonment threaten unrest as Manchester sees clashes. a constant thread is caution about gloom with calls for deposit safety and monetary relief. A reader letter from John M. Ellis reflects on a grim world stage, warning of prostration and widespread uncertainty.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
England
John M. Ellis
Broadway
New York City
France
Russia
Europe
League of Nations to convene urgent Manchuria session
Geneva reports an urgent League of Nations council meeting next Tuesday at China's request over the Manchuria crisis. Tokyo dispatches claim Japanese planes bombed Chinchow in retaliation for Chinese fire during a reconnaissance flight. Casualty figures vary. Chinese forces around 20,000 massed at Chinchow with Chang Hsueh-Liang preparing a headquarters while Mukden remains under Japanese occupation.
MENTIONED IN THIS ARTICLE
Geneva
League of Nations Council
China
Manchuria
Tokyo
Chinchow
Mukden
Peiping
Tokyo War Office
Chang Hsueh-Liang
Weather Outlook for Amarillo and West Texas
Weather forecast notes fair and warmer conditions. Tonight and Saturday stay generally fair across West Texas and the Panhandle with little change in temperature in New Mexico. Temperature extremes recorded at 1 pm were 55 and 79 degrees.
MENTIONED IN THIS ARTICLE
Amarillo
West Texas
Panhandle
New Mexico
Harvest Fete Aims to Help City Needy in Amarillo
Tonight at 8 o clock the Thrift Room Committee of the Amarillo Council of Parents and Teachers hosts a harvest fete on the Florence L Krnstler lawn at 2218 Hughes Street. Ceres the harvest goddess will preside with a court of debutantes. Louise Elliott is queen candidate. Entertainment includes dances by children from local classes and the 142nd Infantry Orchestra. Admission is 10 cents for children and 25 cents for adults. Proceeds benefit needy city schoolchildren.
MENTIONED IN THIS ARTICLE
Amarillo
Constance Ferguson
Lucile Houser
Dana Thomas Harmon
142Nd Infantry Orchestra
Wilbur Upchurch
Thomas Ball Freed Of Charge of Theft
Houston, October nine. Colonel Thomas Ball, former congressman and Texas political leader, charged with theft of warrants in a port commission land deal of 1927, was acquitted by an instructed verdict announced today in Houston.
MENTIONED IN THIS ARTICLE
Houston
Thomas Ball
Texas
Port Commission
Lawton Seeks Revenge Against Amarillo Sandies at Butler Field
Twenty four Lawton High School players meet at noon and head to a hotel room before the 3 30 pm game at Butler Field. Coach Griffin’s Wolverines chase a historic first win here while Amarillo’s Sandies, led by Blair Cherry, defend an unbroken home record. Enochs may play if needed though injured Estes and Foster sit. Ideal weather drew a large non conference crowd to the park.
MENTIONED IN THIS ARTICLE
Lawton
Okla
Amarillo
Amarillo Golden Sandies
Butler Field
Bryan Griffin
Sandies
Wolverines
Blair Cherry
Amar
Oklahoma oil fields reopen under prorations amid tension
Oklahoma Governor William H Murray announces the opening of the Oklahoma City and Greater Seminole oil fields tomorrow under prorations, lifting military rule after August 5. About 3,106 wells affected. 2,000 workers expected back within a week.
MENTIONED IN THIS ARTICLE
Oklahoma City
Okla
Oklahoma
William H. Murray
Seminole
Murray
Bill Murray
Ceer
Health Talks Resume Saturday At Griggs Ambulance
Acclaimed authority Gilbert Thayer will deliver a discussion on the Vital Chemistry of the Human Body tomorrow night after no lecture this evening. He notes heart trouble is the leading U.S. killer, a muscle moving 18 pounds of blood daily, and mineral starvation as a key cause.
MENTIONED IN THIS ARTICLE
Gilbert Thayer
Thayer
United States
Land drives wealth as farms become cities
A classified teaser proclaims land as wealth and notes surveyors foresee farms evolving into cities with lower prices than recent years. Buy now and watch the market shift as urban growth approaches.
Bruening Forms New Cabinet in Berlin
Chancellor Heinrich Bruening announced the formation of a new cabinet with six holdovers from the old group. Bruening remains chancellor and foreign minister, reshuffling key posts including Groener as defense and interior minister and Dietrich as finance.
MENTIONED IN THIS ARTICLE
Berlin
Heinrich Bruening
Dr. Bruening
Julius Curtius
Wilhelm Groener
Hermann Dietrich
Martin Schiele
Georg Schaetzel
Lubbock Gas Rate Hearing Called for October 22
City commissioners scheduled a hearing October 22 on a proposed ordinance to cut gas rates from 67.5 cents to 55 cents per thousand cubic feet for the first 6,000 feet. Officials from West Texas Gas, Prairie Oil and Gas, and South Plains Pipeline were invited.
MENTIONED IN THIS ARTICLE
Lubbock
Texas
U.S
West Texas Gas Company
Prairie Oil and Gas Company
South Plains Pipeline Company
Five day week at labor meet in Vancouver convention
The American Federation of Labor convention in Vancouver plans to practice demands on industry including a five day week and shorter hours. Resolutions favored aid to unions in their disputes with industry while other issues such as prohibition standard wages for Hoover dam workers and immigration questions linger in committees. The group is also likely to urge Congress to raise taxes on very wealthy individuals.
MENTIONED IN THIS ARTICLE
Vancouver
B. C
U.P
American Federation of Labor
Hoover Dam
United States
Congress
American Millonaires
Edward Keating
Labor
Mal Daugherty retrial ordered by high court
The Ninth District Court of Appeals reversed the conviction of Mal B. Daugherty former president of the defunct Ohio State Bank of Washington Ohio and remanded the case to the Common Pleas Court for retrial He was convicted in March of misuse of funds and sentenced to 10 years in the state penitentiary and a $5000 fine Berry's rug cleaning 905 W 10th.
MENTIONED IN THIS ARTICLE
Washington Courthouse
Ohio
U.P
Daugherty
Ohio State Bank of
Washington
Ninth District Court of Appeals
Common Pleas Court
Harry Daugherty
Edison Clings to Life in Daze at 84
Edison remains fragile at his West Orange home as physicians say he has lost strength and is in a daze, though he shows unexpected vitality. Dr Hubert Howe and Dr William R Williams monitor his condition while New York and New Jersey police arrange a motorcycle escort for urgent calls to his bedside.
MENTIONED IN THIS ARTICLE
West Orange
N. J
Thomas Edison
Hubert
Howe
Edison
William R. Williams
Cornell Medical College
Williams
New York
New Jersey
Dr. Howe
Interstate Commerce panel schedules SP line acquisition hearing
Washington Oct 9 The Interstate Commerce Commission set November 13 as the date for oral arguments on the proposed acquisition by the Southern Pacific railroad of the St Louis Southwestern.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Southern Pacific Railroad
St. Louis Southwestern
Burglars Steal 5100 Pounds of Iron Conduit
A warehouse behind the Nunn Electric Company at 425 Polk Street was robbed of 5100 pounds of rigid iron conduit. The wire, about half an inch in diameter and totaling at least 6000 feet, was valued around $350 wholesale. Entry was gained by breaking a door. two officers and three night watchmen patrol the alley nightly. Initial reports listed 12000 feet stolen, later reduced to 6000 feet. The wholesale price tallies to about $55,864 for the missing conduit.
MENTIONED IN THIS ARTICLE
Nunn Electric Company
Polk Street
Also Mentioned on This Page
MOVE
U. S
Austin
W. F. Robertson
Atty
James V. Allred
Board of Insurance Commissioners
American Union Benefit Association of
Dallas
National Agricultural Union of Pittsburgh
Merchants and Planters National Aid Union of America
Medical Protective Union
Fort Worth
International Mechanics Union
National Aid Union
Temple
National Mutual Benevolent Union of
Sweetwater and Brady
National Reciprocal Union
Texas National Home Union
National Protective Association
National Mutual Benefit Association
Barbers Interstate Mutual
McGregor
Feedral Trade Security Union
National Homestead Union
Homestead Life Association
Commercial Aid Union
Progressive Mutual Union
Waco
The
North American Union
Sportsman's Park
ST. Louis
Mewn Hatterson
Groves End Cochrane
Derringer
Lindway
Rhem
Wilson
Manuaco
Alan Gould
Presa Sports Falitor
Blahop
Haas
Gelbers
Bottomley
Cochrane
Gelbert
Cardinals Flowers
Bishop
Foxes
Roettger
Frisch
Blahey
Williama
Foxx
Simmons
Frinch
Miller
Frivch
Fleet
Ti Wan
Flowers
Cardinals Martin
Foax
Marey
Whortstop
Grove
Kortiner
Rune
Cardinals Wilson
Yous
Bimmone
Cardinals
Athletics
Hottomley
Firet
Williamencared
Wingle
Ishop
Jerringer
Seconn
Sylvester Johnson
Cardinals Hafey
Smash
Hyken
Martin
Jim Lindsey
Cochrane Doleed
Hafey
Hmasey
Willliams
Belbert
Colling
Lindsey
Collins
Flint Rhem
Mancuso
Doettger
Arthur Brisbane
Britain
King Feature Syndicate, Inc
America
Globe
Brisbane
India
Manchester
Gotham
Vincent Coll
Dominick Ordino
Mike Basile
Pasquale del Greco
Frank Giordano
Coll
Giordano
Des Moines
B. C. Case
Adelbert McCabe
Tex
J. C. Shores
William Scrivner
McCabe
Loren Miller
William Gordon
Kansas City
Kansas
Minneapolis
Scrivener
Griggs Ambulance
Bruening
Ideal Mat Co
Mal Daugherty
Berry