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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
May 02, 1939
Page
9
Government bonds and agricultural markets move in modest swings as Treasury issues post small gains. Kansas City hogs cattle lambs and sheep values mixed while New York stocks rise one to two points on light trading trends.
Market wires show wheat prices ending little changed after a volatile session with slight gains then losses amid mixed crop outlooks. Kansas City livestock reported slower hogs and varied cattle and sheep trading, with brisk receipts and price ranges across beef, veal, and lamb segments.
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Trading showed limited steam with closing prices mostly below highs. Turnover reached about 440000 shares, aided by lighter war jitters and modest domestic signs, while tax revision hopes suffered a setback as Senate leadership signaled no broad business tax changes this session. Major gainers included U S Steel Bethlehem General Motors Chrysler Kodak Westinghouse Kennecott Montgomery Ward Goodyear Douglas Aircraft Glenn Martin Santa Fe International Harvester. Bond demand appeared for government and railway issues. Cotton slipped five cents while several curbs stocks edged higher.
The Journal World classified page serves as the daily meeting place for thousands of prospective buyers and sellers seeking goods services and opportunities.
The House reorganiz ation committee votes to permit a showdown on Rep Tabers resolution disapproving Roosevelts plan to merge WPA PWA and welfare agencies into a single unit. Democratic leaders expect House defeat of the Taber measure, auto approval looms after 60 days unless both chambers vote it down. Also notes Kinzie records examined from Oklahoma and Kansas hospitals.
The senate banking committee unanimously approved Leon Henderson to join the Securities and Exchange Commission succeeding William O. Douglas. Henderson, former WPA economist and current executive secretary of the monopoly investigating committee, is expected to win prompt Senate confirmation. Jerome Frank seen as potential SEC chair following Douglas.
Oklahoma Governor Leon Phillips granted a one month extension of temporary parole to Phil Kennamer, who served years for manslaughter in the 1934 Thanksgiving slaying of John F. Gorrell Jr. in Tulsa. Kennamer had earlier been given six months parole to accompany his ailing mother to Arizona, where she died. The Arizona board praised his conduct.
A three physician panel in Columbus Kansas ruled on Charles Kinzie a 50 year old mental hospital fugitive as insane He faced first degree murder charges for the shooting of Police Chief John Moyer and Sam Parks at Baxter Springs both killed by the same .45 caliber bullet Kinzie was apprehended after the Baxter Springs incident.
The skipper bought a sail at a supply store sale. The adventurer muses about roaming to Rome. The party moves toward the lead fields following a prospector’s hint. A paper is discarded with a threat amid wasteful waist rhetoric.
Kenneth Ramey driver for T F Montford Pratt Kane pleaded guilty in Charles Rankin’s justice court to driving an overloaded truck after state patrol found a ten ton load of feed. He paid ten dollars fine and five dollars costs and agreed to buy a five ton license tag to replace the old tag. Wilma L Weeks sues for divorce from Charles Glenn Weeks married in Lawrence June 6 1931 seeking custody of five minors and alimony.
A Chevrolet coach owned by Dick Klock was slightly damaged by a fire caused by a short in the wiring. The fire department was called. Mrs Bernice Swope reported to police the theft of her purse from the Permanent Wave shop yesterday afternoon. The purse contained a small amount of money and several keys.
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