Down Goes the Pound Up Goes Silver
Arthur Brisbane assesses market shifts with the pound dropping and silver rising and offers cautious guidance to Wall Street while urging against taxing food sales.
MENTIONED IN THIS ARTICLE
Wall Street
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29 Sep 1931
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Amarillo Globe in Amarillo, Texas
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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Sep 29, 1931
Page
1
Amarillo Men Face Trial in Major Prohibition Conspiracy Case
Thirteen Amarillo men indicted by a US grand jury for conspiracy to violate the national prohibition act announced ready for trial. The case targets a sprawling "gigantic liquor ring" with 23 defendants previously named. ten remain at large. The arraigned include William Leo Sparks and Allen B Johnson, former county officials, with defense firms listed. Court was tense as a 28 man jury pool prepared for service amid a crowded federal courtroom.
MENTIONED IN THIS ARTICLE
Amarillo
United States
Grand Jury
Potter County
William Leo Sparks
Allen
Johnson
Morrison
Clarence A. Willmering
Walter Willmering
Frank Hayes
George W. Johnston
Joe Nowell
Beauchamp Bottinger
John R. Sneed
Cooper & Lumpkin
G. Arle Craig
Quintus R. Thomson
William Lee Sparks
Clayton & Brasley
Sam J. Henton
Ernest T. Miller
Lee Crawford
Ellis
Norman J. Morrison
United States Attorney General
Arnold Davis
Alex M Mood
Federal Court
Indictment in Borger Rum Scandals Dismissed in Court
A federal judge dismissed a blanket indictment charging 21 Borger and Hutchinson County residents with conspiracy to violate national prohibition laws. Named were Glenn A. Pace former mayor and other officials. Government said confessions were coerced or voluntary doubt. Some defendants had already faced state charges or were jailed, with several later convicted on related counts.
MENTIONED IN THIS ARTICLE
Borger
Hutchinson County
United States District Court
Glenn A. Pace
John W. Crabtree
C. A. Mitchell
Sam Jones
Burlin Milholland
Cal Baird
John A. Holmes
H. &. Hoover
Alex M. Mood
United States
Clem Calhoun
Dan Moody
Calhoun
Federal Grand Jury
Lonnie Anderson
D. T. “Red” Blassingame
Ben Chapman
Louis Crim
Johnny Ford
John Harkness
Johnny W. Jones
J. D. Lee
Don McCombs
L. BE
Curley” Murray
C. Taylor
John Ware
Ethel Ware
George Wilson
R. M
Doc” Warren
Ware
Harkness
State Penitentiary
Blassingame
Chapman
Johnny Jones
Ford
Lee
Holmes
Brizbane on silver, stocks, and food taxes in 1931
Arthur Brisbane notes the silver market rising and its effect on India and France, warns against short selling in stocks, and argues for stock exchange regulation over lawmaker action. He also suggests exempting essential foods from any sales tax and laments birds killed during Alps transits.
MENTIONED IN THIS ARTICLE
Stock Exchange
Weather Forecast for Amarillo and Vicinity
Partly cloudy tonight and Wednesday with unsettled conditions in parts. Temperature extremes today range from 61 to 81 degrees.
MENTIONED IN THIS ARTICLE
Amarillo
Vicino
Texas
New Mexico
Fatress Renovation Sale Sparks Griggs Ambulance Crew Alert
Advertisement fragment notes renovation offer priced at two dollars and referencing ideal as a descriptor, with a Griggs ambulance contact line 4311. The readable text presents a fleeting classified style item.
Texas Senate delays adjournment over river bed oil bill
In Austin on Sept 29 the Texas Senate voted 16 to 10 to push adjournment to Friday at 6 p m to avert a recall over a bill allowing drilling in navigable river beds. Governor Sterling urged lawmakers to proceed, hinting at current drills and considering reviving the Purl bill. The House meanwhile urged the prison board to drill on Imperial Eastham and Clemens farms with nearby Humble Oil wells noted.
MENTIONED IN THIS ARTICLE
Austin
U.P
Texas Senate
Texas
Sterling
Sabine River
East Texas
Ross Sterling
Alfred Petsch
J. R. McDougald
Beaumont
Representative Petsch
McDougald
Margie Neal
State Prison Board
Imperial
Eastham
Clemens State
Humble Oil Company
Imperial Farm
Burns
Clemens Farm
Eastham Farm
China Japan notes clash in Manchuria seeks peace
Secretary of State Stimson reviews conflicting notes from China and Japan on Manchuria. Japan pledges to observe international law and avoid actions prejudice to peace. China says Japanese measures provoke further aggression and troops are not yet withdrawn.
MENTIONED IN THIS ARTICLE
Washington
U.P
China
Japan
Manchuria
Stimson
Lone Star Buys Two W T Gas Systems
Dallas report notes Lone Star Gas Corporation subsidiary Community Natural Gas Co will acquire West Texas Utilities gas distribution systems in Cisco and Abilene. Purchase to take effect October 1 though paperwork may take two weeks. Lone Star currently sells gas wholesale in Abilene and Cisco.
MENTIONED IN THIS ARTICLE
Dallas
U.P
Lone Star Gas Corporation
Community Natural Gas Company
Lone Star
West Texas
Cisco
Abilene
Peniel crossing crash kills Hunt County farmer Charles Gibson
Greenville report states Charles Gibson aged 60 a Hunt County farmer died when his automobile was struck by a Bluebonnet Missouri Kansas and Texas passenger train near his Peniel home. His car was demolished and he was alone at the time of the collision.
MENTIONED IN THIS ARTICLE
Greenville
Charles Gibson
Hunt County
Missouri
Kansas
Texas
Peniel Crossing
Gibson
Highway fund bill signed by Governor Sterling in Texas
Governor Ross Sterling signed the act authorizing the investment of 3 million dollars from the state highway department funds into general fund warrants. He is expected to veto the Ben Brooks bill that would divert one cent of the four cent gasoline tax to pay interest on 80 million dollars of county and district road bonds. A highway commission meeting will be called to arrange the investment.
MENTIONED IN THIS ARTICLE
Austin
U PR
Ross Sterling
State Highway Department
Ben Brooks
Highway Department
Highway Commission
League Assembly Quits Until Nov. 1
The twelfth League of Nations assembly adjourned to begin an armaments truce on November 1 while the league council stays in session over the Sino Japanese conflict in Manchuria. Appeals were exchanged urging efforts to make the February disarmament conference a success.
MENTIONED IN THIS ARTICLE
Geneva
League of Nations
League Council
Manchuria
Infant escapes death after ant attack in Amarillo yard
Betty Roe John son ten months old nearly died when a large ant infestation covered her body on a quilt in Martha's Court, 1302 North Fillmore. Neighbors brushed off the insects, the baby blue and struggling to breathe before medical treatment at the health unit.
MENTIONED IN THIS ARTICLE
Betty Roe Johnson
Betty Roe
Martha’s Court
North
Fillmore Street
Betty Poe
Health Unit
Police Officers Freed In Youths Death Case
Officers E R Murr and Sid Harper, suspended over the Jack Hall ranch shooting of Bill Elston, were cleared by a grand jury with a no bill. They will be reinstated immediately. Elston was killed fleeing officers who sought a constable on an assault warrant. Harper and Murr deny firing. The youth’s death remains a mystery.
MENTIONED IN THIS ARTICLE
E. R. Murr
Sid Harper
Bill Elston
Panhandle
Jack Hall
Elston
Harper
Murr
Robbery duo tied to Texhoma bank hold up
Texhoma bank cash of 5386 was stolen on September 15. Bob Brady and Clarence Adams, former Oklahoma prisoners, were arrested in Carlsbad New Mexico after a cross state chase ending in El Paso. They spent part of the loot in Amarillo buying a new car. Authorities traced the car and recovered firearm loot later.
MENTIONED IN THIS ARTICLE
Texhoma
Okla
Amarillo
Bob Brady
Clarence Adams
Carlsbad
Ross
Adams
Seek Houston gang suspect in Tennessee
Del McCabe, an alleged member of a Houston bank bandit group, was sought by Memphis police after being indicted for the August double slaying of Chester A. Jones and his wife. He was expected to pass through Memphis en route to St. Louis to visit his injured wife from a September 6 car crash.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
del McCabe
Houston
Chester A
Keggy” Jones
McCabe
St. Louis
Bonne Terre
John Cherris
Texas
Daniels Guilty in Robbery With Firearms
Fred Daniels was found guilty of robbery with firearms and received a six year sentence. Ted Daniels, a used car salesman and ex convict, faced a hijacking charge still before the court. The pair were linked to a September 14 holdup of John Humphrey and Miss Jewell Carver near Fourteenth Avenue and Buchanan Street, where valuables were taken.
MENTIONED IN THIS ARTICLE
Fred Daniels
Ted Daniels
Henry
Bishop's District Court
Daniels
John Humphrey
Santa Fe
Jewell Carver
Fourteenth Avenue
Buchanan Street
Humphrey
Miss Carver
Tennessee Democrats back McKellar but back Roosevelt for 1932
In Rogersville Tenn on September 29 state Democratic leaders endorsed Sen Kenneth D McKellar for the 1932 presidential nomination but said they would support Gov Franklin D Roosevelt of New York insisting he will be elected if nominated.
MENTIONED IN THIS ARTICLE
Rogersville
Tenn
Kenneth D. McKellar
Tennessee
Franklin D. Roosevelt
New York
Treasury refuses El Paso bridge night closure request
Washington Sept 29 the treasury rejects complaints from El Paso businessmen urging the international bridge to Juarez Mexico be closed at night arguing the move would disrupt trade and daily commerce.
MENTIONED IN THIS ARTICLE
Washington
The
Treasury Today
el Paso
Juarez
Mexico
West Texas Chamber proposes local tax study committees
The West Texas Chamber of Commerce urges each community to form a committee to study public expenditures and taxes. A central regional committee will coordinate efforts, with D A Bandeen and Maury Hopkins leading the discussion at Amarillo Hotel District 1 meeting. Attendees include Wilbur C Hawk and many local business leaders.
MENTIONED IN THIS ARTICLE
West Texas
West Texas Chamber of Commerce
D. A. Bandeen
Amarillo Hotel
Amarillo
Hopkins
W. J. Morton
Dumas
H. E. Hoover
Ed Bishop
W. J. Casey
Miners Strike Paralyzes Glen Alden Coal Mines
In Scranton Pennsylvania 29000 miners walked out shutting 19 of 20 Glen Alden Coal Company mines. Company officials say Diamond mine remained in operation while strike leaders claim all collieries are shut down as the outlaw walkout spreads.
MENTIONED IN THIS ARTICLE
Glen Alden Coal Company
Scranton
U.P
Bomb Explosions Rock Denver Church School
A series of six bombs damaged property and caused panic in North Denver and two suburbs. One blast endangered 50 church school children at Holy Family Church, with a theater alarm and frightened crowds filling the streets. Police pursued suspects including a man seen near the church.
MENTIONED IN THIS ARTICLE
Denver
Valverde
Holy Family
Oriental Theater
Hun
Mary Jackson
Custer Rand
Barnum
Rand
Actress Virginia Doyle Killed in Sedan Train Collision
Virginia Doyle a 24 year old Warner Brothers First National Studios actress died in a crash when her large sedan collided with an electric freight train near Cahuenga Pass just north of Hollywood early today. Police investigated the fatal accident and traffic arrangements were expected to be affected in the area.
MENTIONED IN THIS ARTICLE
Hollywood
Virginia Doyle
Warner Brothers
First National Studios
Cahuenga Pass
Here
Soviet gasoline ships dock in Detroit amid price fears
The 8.8 Pendracke arrives with 400,000 gallons of Soviet gasoline for Bunny Service Oil Co. Detroit storage tanks with 1,000,000 gallon capacity await filling as Detroit markets face a glut and potential price wars. Col. Waler C. Cole of the Union League of Michigan reports the Moscow to Detroit shipment and a 2,700,000 gallon Montreal to Detroit leg aboard Ellsworth.
MENTIONED IN THIS ARTICLE
Detroit
Detroit River
Russia
Bunny Service Oil Co
Detroit Ol Company
Montreal
Ellsworth
Col
Waler C. Cole
Union League of Michigan
Rumor Triggers Bond Selloff and Gold Standard News
In London rumors Germany had left the gold standard sparked a bond selloff, with German 7 percent bonds closing around 54. Copenhagen reports the Danish government moved to suspend the gold standard through urgent legislation. Sofia notes a rate hike by the Bulgarian National Bank from 8.5 percent to 9.5 percent.
MENTIONED IN THIS ARTICLE
London
Germany
Copenhagen
Denmark
Sofia
Bulgaria
Vote on Successor To Missouri Solon
Voters in Missouri's seventh district choose a successor to the late Rep. Sam C. Major. Candidates include Robert D. Johnson Marshall John W. Palmer Sedalia and L L Collins Springfield with Palmer and Johnson backed by the Missouri Anti-Saloon League and the W C T U.
MENTIONED IN THIS ARTICLE
Sedalia
Missouri
Sam C. Major
Fayette
Robert D. Johnson
Marshall
John W. Palmer
L. L. Collins
Springfield
Palmer
Johnson
Anti-Saloon League
Body may be clue in death of Collings
The body of a man washed ashore near the scene of the September 9 Stamford murder of Benjamin Col lings may hold the key to the case. Suffolk County authorities press the identity inquiry as Assistant District Attorney Fred J. Mander investigates the possibility the corpse is the wounded companion of the Long Island Sound pirates alleged by Mrs. Collings.
MENTIONED IN THIS ARTICLE
Northport
N. Y
Benjamin P. Collings
Stamford
Suffolk County
Collings
Fred J. Mander
Long Island Sound
West Texas State Teachers College enrolls 693 for fall term
In Canyon on Sept 29 enrollment at West Texas State Teachers College surpassed last year's total with 693 students in line for the fall term. Most students have reported and matriculation continues as registrations may extend into the week. freshmen were classified last week.
MENTIONED IN THIS ARTICLE
Globe
Canyon
West Texas State Teachers College
Hoover Orders Navy Budget Cut For 1933
President Hoover directed the Navy Department to reduce its 1933 budget from 401 million to 360 million dollars. Navy construction would rise to 65 million, up 15 million from this year, with economies planned elsewhere to cover the change.
MENTIONED IN THIS ARTICLE
Hoover
Navy
Washington
Navy Department
Also Mentioned on This Page
Arthur Brisbane
Associated Press
United Press
Eddie Downing
Troy Blake
Don ©. Crossett
Paul Trimmier
King Feature Syndicate, Inc
America
Brisbane
India
France
England
New York State
James W. Gerard
Supreme Court
Reed
Pennsylvania
Alps
Austria
Society For the Prevention of
Earth
Griggs Ambulance
Fatress
Ideal
W. T. Gas Systems
Farmer
Jack Pickford
Calif
Mary Pickford
League Assembly
Houston Gang
McKellar
Roosevelt
Green Frog
Berrys Rug Cleaning
W. 10Th
U. S. Court
Missouri Solon
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