Prices Break on Stock Exchange Crash Shatters Records
New York reports record stock market volume as prices plunge in late trading. Massive liquidation pushes shares down across railroads and industrials, with Nickel Plate common tumbling 25 points to 135. Despite heavy selling, strong buying support lifts many high grade issues above prior lows. Futures and curb market show mixed results as traders reassess values.
MENTIONED IN THIS ARTICLE
Bulletin
New York
Man 3
Associated
Tress Tabulators
A. P.J
New York Stock Exchange
Interstate Commerce Commission
Interstate Commerce’ Commission
Exchaner
Tio
Miner Railreal
Merveer
Pittsburg
Virginia
Wabash
Missouri Pacific
Kansas
Southern
Katy
Trelaware Lackawanna
Ayestem Commah
America Catt Fata Mack Trucks
Jordan Moore
Fiskrubber
Hudson
Lig Myers
Ward Baking
Allied Chemical
Agricultural Chemical
Steware Warner Speedometer
Cgeteral Electric
Woolworth
American ‘Soft
Dodge Bros. Common
U.S. Tech Common
Goramodity
van Sweringen
Sas
Ohio Railroad Compan
Sueves
Nicke
Rse
Pat WG
Kapeake
High Volume, Record Potential In NYSE Trading Pace
US Steel and other top grade industrials rose as call money declined to 414 percent, signaling strong support from major financiers. About 5 scores of industrials gained 1 to 5 points while three hours of trading saw roughly 2,150,060 shares change hands, a rate near a new high for NYSE turnover. Traders probed weak spots, driving liquidations of many marginal accounts, with Chrysler moving a block of 13,000 shares at 40.25 from 40.25 yesterday, while most peers held above resistance.
MENTIONED IN THIS ARTICLE
U. S. Steel
Wll
New York Stock Exchange
Chrysler
Washington Defeats National Defense Bill in House Committee
Washington reporters say the house military committee rejected a bill to create a department of national defense by a 11 to 1 vote. It also opposed a separate air corps and unified air service proposals, while backing a five year aviation buildup funded by the War Department. Dwight W. Morrow and Secretary Davis testified, with further testimony slated for Tuesday.
MENTIONED IN THIS ARTICLE
Washington
Mar
A. P
House Military Committee
Department of National Defense
Army
War Department
Air Board
Morin
Department of National
National Defense Organization
Davis
Lawrence high school prep for district tourney at Baker Friday
Lawrence high school basketball opens district play in Baker University Friday with a 4:00 pm lower bracket match against Paola while upper bracket action has Olathe Osawatomie at 3:00. Winners advance to Ottawa and Baldwin respectively as the event runs through Saturday finals. Referees include Fred Williams and Emil Liston.
MENTIONED IN THIS ARTICLE
Lawrence High School
Baker
University
Pavla
Baldwin
Olathe
Osawatomie
Ottawa
Olathe Osawatomie
Lawrence
Paola
Lawrence Paola
splay_ Baldwin
Gaker University
McPherson
Kansas
Fred Williams
Missouri University
Emil Liston
University Roach
Unsettled Kansas Weather With Rain Snow Expected
Forecast says unsettled conditions tonight and Thursday with possible rain or snow in eastern and southern portions, warmer in the east tonight. Roads clear in Kansas City and major hubs including Emporis Hutchinson Salina Coffeyville Pittsburg Arkansas City Wichita Ottawa Topeka.
MENTIONED IN THIS ARTICLE
Kansas
Norlion
Kansas City
Emporis
Hutchinson
Salina
Coffeyville
Pittsburg
Arkasas City
Wichita
Ottawa
Topeka
Bad management blamed for Kansas bank failures
Topeka Kansas March 3 AP Roy Bone state bank commissioner argued that bad management rather than the state banking department caused state bank failures in Kansas He urged bankers to rely more on themselves than on 16 bank examiners from the department The discussion of bank management included leaders from Missouri Nebraska Oklahoma and North Dakota bankers associations
MENTIONED IN THIS ARTICLE
Topeka
Kan
State Banking Department
Kansas
Roy
Bone
Central States 'Bankers Association
W. Keyser
Missouri Bankers Association
William B. Hughes
Nebraska Association
Eugene P.gumin
Oklahoma
W. O. McFarland
North Dakota
Secretary Backs Haugen Bill For Farm Marketing Reform
Secretary Jardine endorsed the Haugen bill as a step toward saving farmers from troubles by enabling a marketing division in the Agriculture Department. He said cooperative marketing would let farmers use experts, stay in touch with the department, and hear varied opinions, though not a universal remedy. He urged frequent conferences to unite farm opinion toward common ends and deter unwise tangents.
MENTIONED IN THIS ARTICLE
Washinslas
Mar
Secre Jardine
Department of Apiiculture
Congress
Jardine
President Cooidge Seeks Broad Agricultural Relief Plan
In Washington on March 3 AP reported President Cooidge met with farmers from eleven north central states. He pressed for enacted legislation this session to provide agricultural relief. The talks included lawmakers from both houses and participants from the Des Moines conference held in December. He avoided detailing any specific proposal while expressing hope for a measure with wide farmer support.
MENTIONED IN THIS ARTICLE
Washington
Mar
Cooidge
North Central
Congress
House
Senate
Des Moines
May aid Germany in League council session starts next week
London reports indicate Germany alone will be admitted to the League of Nations council when sessions begin next Monday, with Poland Spain and Brazil seeking similar honors later. Locarno pact and arbitration treaties gain ratification by French chamber Polish diet Belgian senate and already by Great Britain Germany and Italy. Open farm hearings in Washington show over twenty agriculture bills ready for House committee hearings likely tomorrow. Proposals include government buying crops and selling them, price fixing plans, and aid to producers to find markets and obtain fair prices. Atwater Kent Radio Hanna
MENTIONED IN THIS ARTICLE
London
Germany
League of Nations Council
Mondsey
Poland
Spain
Brazil
Assembly of the League
Belgium
Great Britain
Italy
Washington
IA. P
House Agricultural Committee
Citizens in Lawrence Hear Zoning Ordinance Plans
Lawrence residents will learn of the proposed zoning ordinance at meetings Friday afternoon with women’s clubs and the Chamber of Commerce. A public hearing Monday evening at City Hall will allow citizens to voice objections as the planning commission reviews the measure before final passage by the city commission.
MENTIONED IN THIS ARTICLE
Lawrence
An Commission
Chamber of Commerce
Planning Commission
Herbert Hare
Elly Panning Conphissio
Eiwanis
Rotary Clubs
Ion
Itizens of
Lawrente
Jezn
City Commission
Secrecy Over Karolyi Case Draws Senate Question
Secretary Kellogg refused to reveal even in secret why Countess Karolyi was barred from the United States. The Karolyi matter and Countess Cathcart were raised by Senator Johnson. Kellogg met privately with the Foreign Relations Committee for two days, withholding details as an unusual veil of secrecy shrouded the proceedings. Chairman Borah only noted Kellogg opposed his bill limiting wartime powers used to deny admission.
MENTIONED IN THIS ARTICLE
Washington
A. P
Kellogg
Senate Foreign Relations Committee
Karolyi
Karoly
Countess of Cathcart
Johnson
California
Borah
Directors in Douglas county drainage elections
Douglas county drainage districts elected new directors yesterday with some incumbents re-elected for three year terms. Names listed include Magile Grove Vernon King Resece Pine and George W Hardtarfer for District No 4 C G Husted FLV Lewis P B Sterling Wakarusa Haskell and endorsed candidates Shepherd John Lynn and Charles Weddon.
MENTIONED IN THIS ARTICLE
Douglas County
Beard Sens
Magile Grove
Vernon M. King
Resece. Pine
George W. Hardtarfer
C. G. Husted
Flv. Lewis
P. 8
Sterling
Wakarusa
Haskell
Shepherd
John Lynn
Charles Weddonee
Jenny Lind Echoes Recall Hoyt Boyhood in Rochester
C H Hoyt of Lawrence recalls hearing Jenny Lind in Rochester North Carolina when the Swedish Nightingale sang. Frieda Hempels invitation to all who heard Lind to her concert tonight sparked Hoyts vivid memory of the hall crowd and the singer's voice. Hoyt, now ill, may not attend the evening performance.
MENTIONED IN THIS ARTICLE
C.H. Hoyt
Lawrence
Jenny Lind
Frieda Hempel
Mr. Hoyt
Rochester
N. C
Telephone Firms Mark Fiftieth Birthday of the Telephone
Kansas city joins Southwestern Bell and other phone companies in commemorating the fiftieth anniversary of the telephone on March 10. Workers will wear buttons and a desk telephone badge. visitors may tour the exchange to learn operation methods and view equipment. The first Bell telephone was spoken in 1876 when Bell and Watson achieved the famous line. Since then a nationwide system has grown to about 16,600,000 phones serving over 70,000 cities and rural communities.
MENTIONED IN THIS ARTICLE
Southwestern Bell Telephone Company
Wib
Kansas
Graham Bell
Thomas Watson
Boston
Watson
Bell
Howna
Municipal Reference Bureau Moves to Watson Library
The University of Kansas relocates the municipal reference bureau from Fraser hall basement to Watson Library to provide broader educational service. Officials cite growing importance of municipal government and centralized university work, with hours open daily except Sunday.
MENTIONED IN THIS ARTICLE
University of Kansas
Fraser Hall
Watson Library
Kansas League of Municipalities
Fraser
John G. Stutz
Municipal Reference Bureau
Earth
Manchester
TRAIN CRASH KILLS THREE ON I C SUBURBAN TRAIN
Three trainmen died and more than twenty passengers injured after a head on collision between an Illinois Central suburban train and a Michigan Central fast freight on the Chicago south side. An open switch is suspected. a tower operator and helper were questioned by a coroner's jury. Victims include conductor D. Gryder of Chicago and fireman Jolly Bute of Detroit. Passenger Ole Nelson of Wheaton died later in hospital.
MENTIONED IN THIS ARTICLE
Chicago
Mar
Illinois Central
Michigan Central
Gari Railroad
AL Gryder
Jolly Bute
Detroit
Ole Nelson
Wheaton
Nelson
Nelson estate appoints three trustees to manage gifts
Kansas City March 3 A P The board of university trustees to manage and control the William Reockhill Nelson estate will be J C Nichols William Volker and Herbert Jones all of Kansas City The trio was named by the presidents of the Universities of Kansas Missouri and Oklahoma after a three day conference The trustees will inventory appraise and manage estate real estate and business holdings and buy works of art for the Nelson art museum Proceeds from the estate will fund the art projects and public access reports will be made to university presidents and the public The trustees will also take over the experimental livestock farm at Sun A Bar township in Jack County and appoint a manager and staff to run the operation under a thirty year term
MENTIONED IN THIS ARTICLE
Kansas City
Mar
Board of
University Trustees
William Reockhill Nelson
J. C. Nichols
William Volker
Herbert ¥. Jones
Kansas
Missour
Oklahoma
Nelson
E. H. Lindley
University of Kansas
Stratton D. Brooks
University of Missouri
W. N. Bizzell
University of Oklahoma
Kansas City Star and Times
Kirkwood
University
Missouri
Snn-A-Bar
Jack County
Denies Report Of Leak In Nickell Plate Merger Decision
Washington reports the Interstate Commerce Commission denied rumors of a leak regarding its Nickell Plate merger ruling. Chairman Bestman said the opinion was mimeographed by several people behind locked doors, making advance outside knowledge impossible. Representative Black urged Congress to investigate leak claims amid Wall Street information speculation. A separate item notes Philip T. Froeger and a contractor will landscape Memorial Park cemetery south of Oak Hill, for Cemeteries of America Inc.
MENTIONED IN THIS ARTICLE
Washington, Mar
Interstate Commerce Commission
Bestman
Commission
Wall Street
Representative Black
New York
Congress
Es Gee
Landscape New Cemetery
Philip T. Froeger
Chicago
New Memorial Park Cemetery
Oak Hill Cemetery
the Cemeteries of America, Inc
Lovee
Kansas City
van ‘Sweringen Group
Interstate Commerce. Com
Mission
Vb. Morgan & Company
van Sweringens
Cleveland‘r
Cancweringens
Beeee Te
Decisive defeats reshape Chinese civil war fronts
Mar 3 report says Kuominchan suffers major losses on two fronts, signaling a new phase in the conflict that could install new rulers in Peking. Marshall Feng-Yu-Hsiang leads the Kuominchan as the war widens, with rapid shifts in control and power.
MENTIONED IN THIS ARTICLE
Teking
Kuominchan
National People’s Party
Peking
Marshall Feng-Yu-Hsiang
Wall Street Opens Amid Roaring Fracas on Floor
Excited brokers, dancing and shouting, filled the New York Stock Exchange as it opened after yesterday's ice break. The opening gong sparked a chaotic hubbub with brokers tearing at clothing, waving orders, and sending trades to the recorder. curious gallery visitors watched like an audience at a play.
MENTIONED IN THIS ARTICLE
New York, Mar
A. P
New York Stock Exchange
Hempel to Sing in Lawrence Despite Governor Ring
Mme Teiaia Hempel and assistants Louis Fritee and Jsmo Balogh will perform in Hobinson gymnasium tonight. Governor Ring cannot attend. Hempel recently sang in Denver before 8,000 and received the keys to Hastings. She arrived in Lawrence this morning aboard the 7:04 Rock Island, resting at the Eldridge before the recital.
MENTIONED IN THIS ARTICLE
Mme
Frieda Hempe
Louis P. Fritee
Jsmo Balogh
Hobinson Gymnasium
Ning
Lawrence
Moting
Jeaver
Msue
Dean DL AL Swarth
School
Fine ‘Arts
Mempel
Schubert
Schumann
Mendelssohn
Journal-Works
Mme.’ Hempel
Denver
Hastings
Rock Island
Eldridge
Alli
Indian in Douglas jail over liquor law charges
Marcus Whitman an Indian of Eudora is held in the Douglas county jail awaiting a preliminary hearing after a raid found a still and ingredients for homebrew. Officers say he admitted selling liquor to Indian students at Haskell Institute, tied to a Saturday night intoxication incident.
MENTIONED IN THIS ARTICLE
Marcus Whitman
Eudora
Douglas County
W. J.cummings
Haskell Institute
Tndian
Whitman
Haskells
Cummings
Unveiling Plans Under Way In Lawrence
Merchants' Bureau members plan a more elaborate Spring Window Unveiling on March 1k. Committees tour blocks to promote Gift Hunt with telephone numbers and prizes. Nonresident verifier will select numbers. Lawrence businesses excluded.
MENTIONED IN THIS ARTICLE
Merchants’ Bureau
Walter Warham
Bureau
Claude Scott
Chamber of Commerce
Trent
Lawrences
Lawrence
Lawrence Business House
al Greens
W . Patton I
Jaedicke
Harry Greet
Haynes
Charles
Also Mentioned on This Page
Defense Department
Dwight W. Morrow
Drew Paola
Lawrence High
Goldstein
Leavenworth
Nathan Goldstein
St. Louis
Federal Penitentiary
Seeesee
A. C. Mitchell
H. Tucker
City Library Board
F. M. Holt
Hanna
Haugen
Coolinge
Atwater Kent Radio
Women's Clubs of
Gry To
Lyons Lyons
Kar
Wood
Jeta Price
Teauth
Lyons
Sylvia Murray
Ietter
K. U
WEAF
Fred Sllsworth
WDAF
Canada
Mare
Joseph Bloem
Federal
Winnipeg
Canader
Kaneaz City
G. M. Strindel
Tereti
Dr. Albright
Telephone Company
Alexander Gell
Municipal References Bureau
Watson ‘Library
Florida
Giiands
Fla
Tolin Si
Lindsey
West Palm Beach
United States Senate
T He
Chevrolet
Funk
Nelson Estate
K. Men
Commerce Commission
Ring
Paulen
Blake
Schall
Apythe Senate
Minnesota
Douglas Radio
Merchants Bureau
A. PI
Ihe
Maschusetts Street
Frmersi
Golgi
Tia Ty
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