19 Jun 1930
Page 1
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Newspaper
Charleston Gazette
Location
Charleston, West Virginia, United States of America
Date
Jun 19, 1930
Page
1
Price declines in wheat and copper dragged commodity markets to 1914 level lows as stocks fluctuated. Traders in New York faced economic uncertainty on June 1, with total sales surpassing 2,000,000 shares as recoveries followed embedded losses.
Grain prices at Chicago show historic lows over 16 years with July at 4 1 2 cents and September wheat near 90 to 98 cents. December wheat climbs to 388 38 after earlier dips while corn remains subdued and oats futures mix with wheat.
Representative M Aired Michaelson Republican of Chicago introduces a resolution to amend the prohibition amendment by authorizing Congress to suppress or regulate intoxicating liquor. He cites The Literary Digest poll and the Valentine’s Day massacre as evidence that the country’s dry movement is weakening and calls for national or state referendums at the earliest moment. He argues the eighteenth amendment should not be repealed and notes his vote for the Jones act aimed at deterring commercialized law violations.
Senator Johnson of California denounces the London treaty as un-American in a radio address urging Senate rejection. He argues the pact threatens vast American commerce and national defense, questions secrecy in negotiations, and attacks Secretary of State for defending terms while citing naval and military implications and Britain’s influence on cruiser design.
The thirty seventh annual meeting of the West Virginia Bankers Association opens at 9 30 this morning in the Daniel Boone hotel assembly room. More than 300 bankers and wives are expected over two days with multiple speakers and social events planned.
A violent storm at Ascot Heath halted the day’s events as rain and lightning drenched spectators and debenture outfits. Royal party members and Americans sought shelter while the Royal Hunt Cup race proceeded with 22 contenders despite the chaos. Many umbrellas failed and shoes were lost as crowds endured the deluge.
Admiral Richard E Byrd and his Antarctic crew head toward New York after a 16 month South Pole flight. Mrs Byrd joins him outside the harbor as the expedition plans a royal welcome with torches and a parade up Broadway.
At Pax in Raleigh county the locomotive and wing cars of the extra freight train No. 14 derailed into a ditch at 7 35 pm. Engineer Arthur Cahill Fireman Tenent and Brakeman George Mann survived with minor injuries. The spike on the track and derailment halted service through Pax for about 24 hours with possible shuttle routing for passengers.
Bucharest reports Bulgaria informs Romanian authorities former King Ferdinand is returning to Sofia incognito from Coburg. Abdicated in 1918 after his army turned on him, Ferdinand travels by air amid tension as Tsar Boris III and the Bulgarian regime face upheaval and rumors of renewed royal influence.
Paden City hosts the eighth annual conven tion of the twenty ninth Lions district as delegates from West Virginia and Ohio attend. A day of social activities includes a boat ride and a golf tournament at Sistersville Country Club followed by a banquet and dance. Myron B. Hymes names district officers during a brief session.
New York police mobilized thousands in Queens to stop a homicidal maniac who boasted of killing a third victim. Detectives questioned two men, searched parking areas around College Point and Elmhurst, and urged women in cars to identify suspects as authorities warned of a planned midnight attack.
Ballots from four precincts in the Malden district were stolen after voters cast ballots for a proposed $110 400 high school bond issue. Two men seen entering the Malden school house prompted police and a county sheriff investigation. The unofficial count showed 817 votes for bonds and 61 against, failing to reach a three-fifths majority by 92 votes. officials feared further delaying the election results.
Chicago reports that Jake Lingle’s alleged gangster ties surfaced in court as a gangster on trial protested to a detective that he worked for Lingle. The city moves to probe police conduct after Commissioner Russell resigned. Alderman Albert vows an inquiry next Tuesday.
In Dallas Clara Bow returns to the Baker Hotel after a night out as she seeks to resolve a private matter with a boyfriend. The doctor denies any ongoing alimony or divorce threats from his wife and says the two-year-old story is exaggerated.
Petersburg postoffice robbed as inspectors report a safe blown open and 20 in cash plus 50 in stamps taken. Fingerprints were found as the only clues. several hundred dollars in cash in locked drawers remained untouched.
The Pittsburgh and Eastern Ohio mines hearings adjourn today with strong objections. An exhibit ties rate differentials to lake cargo coal pricing, predicting higher transport costs in the Pittsburgh district versus Monongahhela and Northern fields. Witnesses discuss carrier costs, wages, and freight rate impacts on shipments to trade.
Boston dispatch reports Daniel Webster read the dictionary as students claim his hand in the work. The letter from New Jersey references Merriam Webster and Harvard authors, noting confusion over authorship while readers discuss the dictionary's creation and publication.
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