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Bluefield Daily Telegraph in Bluefield, West Virginia

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This newspaper page contains 23 articles. Subscribers can read the full text of each article.

Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Mar 16, 1933

Page

1

Banks Resume Normal Business after Banking Holiday Rush

Banks in Bluefield and across West Virginia reopened after a fifteen day banking holiday. Deposits topped withdrawals as customers filled tellers and savings windows, boosting retail activity and prompting new accounts. Clerks worked late with extra help as checks flowed in and optimism spread for the local economy.

Bluefield L. A. Hooper First National Bank W. C. Given Commercial Bank L. C. Fowlkes Flat Top National Bank

Banking returns accelerate as banks reopen nationwide

Federal and state officials cleared the way for banks to resume normal operations. Twelve Federal Reserve districts announced more member banks allowed to reopen while state authorities licensed non members to transact. Major exchanges revived trading with gains and high turnover, as districts report most banks active with few closures remaining.

Federal Reserve New York Exchange Federal Reserve District

Fifth District Bank Opens. District Totals Released

Richmond March 15 At least 740 banks in the Fifth District were authorized to open and more authorizations were expected from state authorities. District totals show 1 281 banks open or authorized, 889 reserve members open, 251 non members, with 902 non member banks and 489 opened or authorized. Territory includes Virginia Maryland West Virginia North Carolina South Carolina and the District of Columbia. Discovery of senate approved currency legislation for state banks to avoid federal reserve is delay to House as of March 15.

Richmond Fifth Federal Reserve District Reserve Bank District — Virginia Maryland West Virginia North Carolina South Carolina District of Columbia ROW Washington Federal Reserve System House

Earthquake Relief Feeds 80 000 Victims in Southern California

Long Beach March 15 relief agencies feed 80 000 quake victims with mass feeding in Compton and Artesia. Zone death toll stands at 116 including J. B. Brasted, Long Beach’s 56th victim. Red Cross directs rehabilitation as gas and water supplies remain damaged.

Long Beach Calif Compton Artesia California J. B. Brasted American Red Cross

State banking houses resume operations in West Virginia

Charleston March 15 West Virginia's 127 state banks reopened for normal business ending an 11 day curtailment. State banking commissioner L R Charter Jr praised the turnout saying deposits exceeded withdrawals and some banks reported large gold deposits as savings over 50 years. National banks also largely resumed business though full reopening numbers were not available.

Charleston W. Va West Virginia L. R. Charter Jr Wheeling Federal Reserve Richmond Cleveland

WV Municipal League to discuss levy limit amendment

Charleston March 15 a WV Municipal League meeting will discuss the levy limitation amendment to the state constitution. Mayor W J Koelz of Keyser will preside at the session tomorrow in Charleston.

Charleston W. Va West Virginia Municipal League W. J. Koelz Keyser

Roosevelt shapes new farm and relief bills amid 1933 crisis

Washington reports swift White House action as Congress nears final passage of a 3.2 percent beer bill allowing wines of 3.2 percent alcohol. Roosevelt plans experimental crop control and farm price measures and a broad reforestation program to put 200000 men to work within weeks.

Washington White House Congress Roosevelt Senate House Capitol Hill

Tennessee Tornado Toll Rises Across State

Nashville reports at least ten dead with Pruden and Lebanon also heavily hit as a massive Tennessee tornado rate climbs. Guardsmen, Red Cross, Salvation Army mobilize to aid victims while searchers scour ruins for survivors amid damaged waterworks and blocked communications.

Pruden National Red Cross Salvation Army Nashville

Straight Jacket Murder Baffles Rochester Police

Erich Baumann a 27 year old gymnast was found dead in a YMCA dormitory tied in a improvised straight jacket made from a camper sleeping bag. He died of strangulation and detective Captain John P. Mac Dwald called it the most brutal murder in fifty years. Police detained his brother Conrad as a possible suspect while noting a canoe rope found in Conrad’s room. Baumann had arrived in 1927 and friends planned a party that night to celebrate his citizenship papers.

Rochester N. Y Erich Baumann John P. MacDwald Force Baumann Floyd Winslow Umann Germany Conrad

Alimony Bill Becomes Law Without Governor Signature

Charleston lawmakers pass a bill directing judges to weigh a wife's financial needs against a husband's earning capacity. The measure becomes law today without Governor Kump's signature and was sponsored by Delegate Norton, Democrat.

Charleston Kump Norton Democrat

Senate Advances Economy Bill Aims To Stabilize Nation

The Senate passes an economy bill while the Senate finance committee reports to the House a 3.2 percent beer bill amended to legalize wines with higher alcohol content. President Roosevelt prepares farm and unemployment relief measures and names Henry Latrobe Roosevelt, a sixth cousin, as assistant secretary of the navy. A delay in sending the bill to the House to let state banks issue new currency without federal reserve involvement sparks Senate dispute.

Senate Finance Committee Roosevelt Henry Latrobe Roosevelt Navy House Federal Reserve System Senate

Virginia debt bill offered to reopen Civil War era dispute

Washington March 15 The Virginia debt issue tied to the Civil War era and West Virginia’s share is to be reintroduced in Congress by Representative Ramsay Democrat of Fol lousbee West Virginia He plans a bill to let West Virginia claim at least 15 million from the federal government as war loss relief If passed it could erase West Virginia’s 4 million deficit and reduce taxes Ramsay has secured a place on the House War Claims Committee The West Virginia legislature urged suit for not less than 15 million claiming civil war damages and wartime support by Mountain State resources and troops.

Ree Secial Railroad Cabiines Federal Building Banke Bryan Kemp Bank of Graham Washington Virginia West Virginia Congress Ramsay Follawsbee W. Va House War Claims Committee Angs Fede Courte Gen West Mountain Estate Clark Execu Walsh Democrat Black

Decomposed Body Found In West Virginia Wooded Home

Buckhannon West Virginia March 15 James Foster 21 of Newton led authorities to the McCray home where the badly decomposed body of Vance Mec Cray 65 was found. A note dated January 29 and a bottle of poison were discovered nearby and a coroner jury ruled death by own action.

Buckhannon W. Va James Foster Newton Morgan Bailey Vance MecCray Woodsman McCray Foster

Brewers promise work for thousands of men

Milwaukee reports Brewers vows major expenditures to revitalize the beer industry as soon as legal beer returns. Nationwide statements claim millions will be spent to create jobs and boost farm demand while producers in New York announce a 3 million dollar ad campaign. Firestone plans 50 percent plant output rise and credit is given to the president. New York cotton needs revised consumption for the season.

Milwaukee

Senate finance group approves house beer bill passage

The Senate Finance Committee rushed to approve the 3.2 percent beer bill for White House action, including wines and fruit juices at 3.2 percent. Grape Growers League pressed for 10 to 12 percent for wine, while California senators Johnson and McAdoo weighed amendments amid swift floor action and an executive session.

Washington House White House Senate Finance Committee Harrison Finance Committee Senate Roosevelt Grape Growers League of California California Johnson McAdoo Lea Cauifornia Ie ‘In

Beer legalization waits on federal action in seventeen states

In seventeen states beer purchase awaits only federal legalization as brewers plan for millions in orders and potential reemployment. An AP survey notes production expansion, new plants, and billions in shipments while districts and governors shape outcomes. States listed include Missouri New Jersey Kentucky New York Indiana Illinois California Washington Wisconsin Colorado Wyoming Montana Oregon Massachusetts Maryland Delaware and Arizona.

New York Associated Press Twen R Presa District of Columbia Washington New York City Missouri New Jersey Kentucky Indiana Illinois California Wisconsin Colorado Wyoming Montana Oregon Massachusetts Maryland Delaware Arizona

Eight-Year Prison Sentenced for Gem Highway Robbery

J. D. Roller a Bristol banker was found guilty by a Sun county jury of highway robbery in Marion Virginia. He received an eight year penitentiary term with motions to set aside verdict and arrest judgment to follow. The case involved Diamond theft worth about $800 and co defendants including M. W. Canter and W. R. Nichols.

Marion J. D. Roller Bristol Commercial Sun County Floyd H. Roberts Commonwealth Roller M. W. Canter Bristol E. G. McCue The Canter

Carter 10 Seizes Carter Coal Mines and Mines Revert

Frank R. Lyon, receiver for Consolidation Coal, relinquishes management of Carter Coal properties. George L. Carter and son James to take over, arriving soon. McDowell and Tazewell counties hold about 15 000 and 10 000 acres respectively with Kentucky land totaling about 5 000 acres. Mine Nos. 261 and 253 capacities noted, with upgrades totaling over a million dollars spent.

Frank R. Lyon Consolidation Coal Company Carter Coal Company George Ll. Carter James Carter Company James Carter George L. Carter Coalwood Mr. Lyon Are Ae McDowell County McDowell Tazewell Kentucky Consolidation Company Carter Lyon Caretta

Security Prices Register Upsurge Amid Banking Reopenings

New York March 15. One of the most brilliant recoveries in security prices in the history of the New York Stock Exchange followed the reopening of thousands of sound banks. Shares surged up to 16 percent, bonds rose sharply, and the Standard Statistics price average for 60 domestic issues posted the steepest advance in its history. The dollar weakened briefly before recovering as markets rallied across commodities and currencies.

New York New York Stock Exchange United States Chicago Grain Pit New Orleans National Metal Exchange

Commander Johnson Pledges Legion Support

Washington March 15 The American Legion national commander Louis A. Johnson pledged Legion support for President Roosevelt after the senate approved a drastic economy bill cutting veterans benefits. He urged 10,709 Legion posts and about one million members to hold special meetings to express loyalty and aid.

Washington American Legion Roosevelt Louis A. Johnson Senate Legion

River Graft Hit by Rising Waters

Flooding rivers strand ships and damage Pittsburgh and Wheeling as the Allegheny Monongahela and Ohio swell. Ships sunk or broken from moorings while 1000 students are dismissed and homes flood in Pittsburgh and Wheeling with trains halted.

Pittsburgh Allegheny Monongahela Ohio Seward West Virginia P. M. Preil Kita Soames Wheee Ee Pitteburg Ohio Valley Wheeling W. Va Eeling Seventh Ward

Einstein 10 Stay Out of Germany Amid Exile Notice

New York March 15 Albert Einstein announced his voluntary exile from Germany arriving from California. He will not set foot on German soil while conditions remain as they are and sails Saturday for Antwerp to decide his future. Einstein, addressing a dinner of American scientists and leaders, condemned nationalism as a danger to Western civilization and spoke of Jewish persecution in eastern Europe.

New York Albert Einstein Germany California Einstein Antwerp Greece Europe Hebrew University Jerusalem

Senate Approves Bill Granting Roosevelt Power to Cut Veterans Pay

The Senate voted 62 to 13 to approve a bill granting the president power to reduce veterans pensions and civil and military pay to meet a projected saving near 500 million dollars. The bill returns to the House with amendments on schedules and eligibility for reductions, with possible conference if not accepted.

Washington Senate President Roosevelt House Roosevelt Harrison

Also Mentioned on This Page

Bluefield Banking Houses Tennessee Cumberland Mountains Tenn Mississippi River Arkansas Tennessee-Kentucky Lebanon Kingsport Bellwood Harrogate Rogersville Oswego Millpoint Atraight Mountain State U. S Proctor and Gamble Manly Chicago Akron J. W Palmer Firestone Tire and Rubber Company Palmer Srop New York Cotton Exchange Service Senate Finance Group GEM McDowell Counties Robinson Hayden Huey Long Louisiana Sopliek Dill Copeland Ette, Publican
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