04 May 1933
Page 1
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Newspaper
Jefferson City Post Tribune
Location
Jefferson City, Missouri, United States of America
Date
May 04, 1933
Page
1
Standard Oil of Indiana president Edward G. Seubert urged improvements in oil industry practices as the company reported 1932 earnings of 16.56 million dollars on 15.94 million shares, down from 1931. The report notes 1932 earnings per share of 1.04, compared with 1.049 in 1931.
Governor Murray will not intervene in the scheduled triple execution at McAlester prison. Joe L. Martin 53 Proctor McDonald 28 and Albert Ellis 25 face the electric chair after being condemned for slayings and armed robbery. Martin claims patriotism justified his actions. Ellis and a companion earlier sentenced for abducting a girl. McDonald maintains innocence.
National League first game shows Chicago 100 000 000 for 1 runs, New York 000 011 00 for 2. Batts Tinning Hartnett Taylor pitched, with Fitzsimmons Mancuso batting.
The draft outlines plans for sweeping federal control over industry, with measures to issue bonds, fund public works, regulate railroads, and centralize power development at Muscle Shoals. A pending measure would tighten stock trading oversight and prevent deceptive food drug advertising, while tariff changes may come via international agreement. Leaders at the Chamber of Commerce favor regulation but prefer self policing through trade accords, signaling a shift from competitive ideals to coordinated national policy.
London May 4 The British government proposes increasing the equalization fund to £350,000,000 to curb speculative activity. The dollar opened at $3.90, eased to $2.91 5-8, and francs moved from 85.06 to 84.71 as authorities seek to prevent Sterling rises harming exporters.
Webb City Missouri May 4 AP note threatens life of two young daughters unless $1500 is left on a vacant house porch. The extortion demand was handed to Kansas City entrepreneur GC Ayler, and police were notified. Independent Republican Club to meet at 7:30 pm at Albert Lee's home 611 Dunklin Street for important business.
The administration proposes a federal co ordinator to gain economies by suspending anti trust laws for railroads for one year. Regions will be grouped Western southern and western with voluntary coordination and director orders may cut services while preserving labor agreements. Fines up to 20000 for noncompliance and potential appeals to the Interstate Commerce Commission.
Des Moines dispatch details Governor Herring, a hard driving Democrat, as he handles farm unrest near Le Mars. The article notes his varied career from watchmaking to running a motor car agency, his stance on farm relief, and his call for immediate state action while urging national legislation. It also reports a Farm Holiday Association resolution demanding removal of National Guardsmen and restoration of civil government. A science aside mentions two of Jupiter's nine satellites moving in the opposite direction.
Senate moves to appoint coordinated committees for railroad groups with up to five members each. Carriers will select representatives via their boards, subject to a coordinator’s approval. Joseph B. Eastman rumored as coordinator, Senate must confirm. Hearings expected with rails and labor witnesses. Rayburn emphasizes waste removal and freedom from antitrust objections.
Miles McNally of the Missouri Finance Commission was attacked while bidding at a chattel mortgage sale in Palmyra Missouri. Bert Snow Lewis County farmer Pearl Perrigo owner of the mortgaged property and Mart Lake were held for a hearing Saturday. A bank in Ewing Missouri previously held the mortgage on Perrigo s property. Pastry dough tip notes lemon juice as a digestive aid.
Warrensburg Missouri May 4 AP Mrs Marcus Youngs wife of the president of the Citizens Bank here died last night Survived by husband two daughters Miss Marie Youngs teacher in Westport High School Kansas City Miss Geneva Youngs professor in College of Fine Arts University of Missouri a son A Bass Warrensburg state finance officer of the American Legion two sisters Mrs S M West Kansas City and Mrs Letter Hall Eastview Kentucky and a brother Co c Blewett Eastview Ky
Miss Cora Rice retired school teacher and Miss Rachel Templeton Lexington student were severely beaten by an unidentified man who entered Rice’s house while the two slept in Warrensburg Missouri on May 4. He escaped with no items missing. A strange concluding note states more than half of the flowers in the world are red or red tinted.
The Little Rock baseball club of the South Association was placed in receivership. State Senator EU Dillon was named receiver by Chancellor Frank H. Dodge.
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