22 Oct 1925
Page 1
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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Oct 22, 1925
Page
1
The Star Co notes another 2,078,500 shares traded as investors blur the ticker and debate the vigor of a rally. It cites comments from Z G Simmons on rising wages and saving trends, cautions against risky bets, and observes Russia's odd economic moves and global所得 discussions.
Former Governor James Ferguson reports Governor Miriam Ferguson will issue deficiency warrants totaling about 350000 to 400000 to reimburse cattle owners in Harris and Galveston counties for foot and mouth disease losses. He cites Houston banks' ability to handle the warrants and notes a possible issuance range of 250000 to 409000.
Greenville October 22 The consistency of two recent opinions by Sutton assistant attorney general on emergency payments to owners of livestock killed in foot and mouth disease eradication work is questioned in a letter by Senator Joe M Moore of Greenville. The letter asks why it would not be legal to pledge state credit for 400000 for reimbursement if it is legal to issue deficiency warrants of a like amount. Austin October 22 The number of legislators opposed to a called session at the legislature at this time reached fifty one. Those in favor numbered eighteen and undecided thirteen.
Bids for the International Harvester companys new building at Tenth and Grant were opened at 1 PM. Ten bids from Wichita Denver Indianapolis Minneapolis and others were received. Amarillo firms did not bid. The main building measures 100 by 149 feet with three stories a full basement a paved court and a service station. Officials expect to occupy the new branch next April as work progresses.
London based Daily Express interview with General Cher Chiung-Min reports his aim to expel communist forces from Kwangtung province. He claims 7 000 troops, though less well armed, outnumber the Reds.
Tonight and Friday look fair and cooler. The report notes past highs around 60 and 46 degrees and includes scattered garbled data lines with no usable additional details.
Amarillo business leaders gather at the Amarillo hotel for a noon program on Amarillo's growth potential. Edwin J Clapp of Hearst publications will speak after local Real Estate and Manufacturers groups discuss farming ranching oil gas jobbing manufacturing and rails, with Brown Cracker and Candy announcing a new 55000 building in Amarillo and a post lunch field tour.
Rome Oct 22 members of the Italian war debt commission departed for Washington to negotiate a settlement of what Italy owes the United States for war expenses and obligations.
Secretary Mellon presented a new normal income rate proposal to the House Ways and Means Committee. The plan features 1 percent on the first 3000 dollars, 2 percent on the next 1000, 3 percent on the next 4000, and 5 percent thereafter. The filing notes this as an alternative to the treasury plan, with surtax rates unchanged. Republican and town tax club representatives pressed for inheritance tax repeal as a protest arose during the session. Citizens from twelve states form the Western States Taxpayers Conference backing repeal.
Sefit Bulgaria October reports Greek forces invaded Bulgarian territory near Demirhissar amid border clashes. Sofia protests to the League of Nations as Greek artillery shells Petrich, authorities claim no Athens reply. Bulgarian troops ordered to resist with no immediate Greek response noted.
Contract awarded by Western Improvement Co for a one story tapestry brick building at Seventh and Fillmore fronting 140 feet. G. G. Lampkin will occupy part as Lampkin Auto Parlors from January 1 offering accessories, cleaning, oiling, gas, and general maintenance. Remainder of space to be leased with potential for two extra stories in future.
Travis county grand jury reopened its inquiry into the state highway department with W L Kemp testifying. Attorney General Dan Moody was present, and Ernest May inspected records. Frank V Lanham, chairman of the commission, was reportedly summoned to Austin.
Hazel Deyo Batch elor presents a social novel about a business girl adjusting to dependence as a wife. The Globe begins tomorrow with the first chapter of Her Freedom. Also listed are Amarillo storage provider American Warehouse Co and a Triple A Taxi ad with fares and contact.
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