Credit Group Formed to Aid Business Finance
Washington reports President Hoover learns the National Credit Corporation plan, valued at 500 million, is gaining bank support and will meet the minimum subscription by week’s end. State associations form rapidly, Iowa already organized, signaling broader adoption to expand lending and restore confidence.
MENTIONED IN THIS ARTICLE
Washington
Hoover
National Credit Corporation
Laval
France
George Reynolds
Chicago
Mortimer N. Buckner
New York
Iowa
Champagne valued at twenty five thousand seized by federal agents
Three thousand cases of fine champagne valued at $25,000 were dumped into a ditch near Norco when a truck driver fled upon spotting prohibition patrol. Federal agents recovered the vehicle and cargo, with only slight damage to the straw-packed load, which appeared waterlogged.
MENTIONED IN THIS ARTICLE
New Orleans
Norco
Hoover Warns Philippines Independence Could Bring Disaster
President Hoover warned that granting immediate independence to the Philippines without guaranteed economic stability would cause disaster. He said independence should wait until stability is assured, noting that promises of independence have been common from various U.S. leaders.
MENTIONED IN THIS ARTICLE
Washington
Hoover
Philippines
Congress
United States
Rambling town notes mix of people and small-town tales
J E s Ramblin about the Town recalls self race questions, a student brings a moccasin snake mascot to a Vicksburg game, and local figures like Judge Schulze and Abe Arent receive flattering mentions. Police, traffic, and weather anecdotes mingle with light humor from Ouachita Parish.
Eight-Cent Basis for Cotton To Be Retroactive for Loans
A government eight-cent per pound collateral basis for seven-eighths inch middling cotton will retroactively apply to cotton already placed with the Louisiana Cotton Cooperative Association or in government warehouses. Loans become due Saturday, and farmers must settle or place cotton as collateral.
MENTIONED IN THIS ARTICLE
Louisiana Cotton Cooperative Association
Thomas Fort
Ouachita
Union Parishes
J. H. Lynch
Memphis
Tenn
Fort
Cotton Association
All England Goes to the Polls in Landmark Vote
Voters across England and Wales cast ballots in a staged general election as observers predict a landslide for MacDonald’s regime. The Times backs a doctor’s mandate to stabilize currency while the Daily Herald calls for a balanced budget without harming the poor.
MENTIONED IN THIS ARTICLE
Times
Ramsay MacDonald
Daily Herald
Scotland
Wales
House of Commons
MacDonald
36 Contestants Qualify In Race For State Posts
Baton Rouge October 27 36 candidates qualified for the January 19 primary for nine state offices. Arthur Edwards chairman of the state central committee said an average of four filings per office with six for governor. Last entries included A M Smith of New Orleans for state treasurer and Conrad C Cole of Oberlin for register of the land office. Murray W Pierce of Spring Creek and Ralph A Metz of Baton Rouge filed for state land office. Names to be kept in Edwards office.
MENTIONED IN THIS ARTICLE
Baton Rouge
Arthur Edwards
State Central Committee
Mr. Edwards
A. M. Smith
New Orleans
St. Mary-Vermilion District
Conrad C. Cole
Oberlin
Register of the Land Office
Murray W. Pierce
Spring Creek
Tangipahoa Parish
Ralph A. Metz
Register of the State Land Office
Edwards
Flood Control Bill to Be Drafted at Memphis Meeting
A Mississippi River Flood Control Association committee will meet in Memphis to draft a bill on flood control aims. The bill will be sent to Congress from several states at a November meeting. The association rejected the Jadwin plan as inadequate. Members span Illinois Tennessee Kentucky Mississippi Arkansas Missouri Louisiana with Iowa seeking a November representation.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
Mississippi River Flood Control Association
Congress
Illinois
Tennessee
Kentucky
Mississippi
Arkansas
Missouri
Louisiana
W. H. Dick
Iowa
Southern end of road to Columbia to be open soon
Meyer Greenwald of Meyer Greenwald Construction Co announced no delay in paving the Columbia to Logtown highway due to state funds. The Logtown to Monroe section should finish paving in about two weeks, with traffic opening about five weeks after. Concrete drying will take three weeks, and the full Logtown to Columbia route will be paved, enabling a hard surface to Alexandria.
MENTIONED IN THIS ARTICLE
Meyer Greenwald
Logtown
Monroe
Columbia
Greenwald
Norfolk & Western declares extra dividend with regular payout
Directors announce an annual extra dividend of $2 a share on the common stock in addition to the $2.50 quarterly dividend. Payments are due December 19 to stockholders of record November 30.
MENTIONED IN THIS ARTICLE
New York
Norfolk & Western Railway
New Orleans Newspapers in Friction Over Subscriptions
The Times-Picayune accuses ward leaders of the old regular Democratic machine of ordering subscriptions to the Item and Tribune as a reward for support of Mayor T. Semmes Walmsley. Francis Williams, opposing Huey P. Long, alleges state workers were required to obtain these subscriptions, with deductions from pay beginning November 1 1931.
MENTIONED IN THIS ARTICLE
New Orleans
Times-Picayune
New Orleans States
Francis Williams
Louisiana Public Service Commission
Huey P. Long
Walmsley
Item
Tribune
Blaze destroys twelve hundred bales of cotton
A fire at the Liverpool Cotton Warehouse Company in Edwards near Vicksburg, Mississippi, destroyed 1,200 bales of cotton and the tin warehouse. The loss was about 10,000 dollars with most cotton insured. origin of the blaze remains undetermined and trains were briefly halted. The cotton belonged to 30 to 40 Edwards residents.
MENTIONED IN THIS ARTICLE
Vicksburg
Miss
Liverpool Cotton Warehouse Company
Edwards
Commonwealth and Southern declares dividend
Commonwealth and Southern Corporation directors declare a 15 cent per share dividend for the six months ending March 1, up from 10 cents quarterly. Payment is due March 1 to holders of record February 5.
MENTIONED IN THIS ARTICLE
New York
Commonwealth and Southern Corporation
Laval and Walker dance as Ile de France delay sails
In New York a grand party honors Cornelius Vanderbilt Whitney on his birthday. Premier Laval and his daughter Josee Laval delay sailing of the Ile de France until tides allow, while Mayor James J. Walker chats and wishes goodwill to France amid photographers and socialites.
MENTIONED IN THIS ARTICLE
Premier Laval
France
Josee
America
Washington
New York
Ile de France
Central Park Casino
Mademoiselle Josee Laval
James J. Walker
Monsieur Laval
Cornelius Vanderbilt Whitney
Walkers
Banks Pledges Back Cotton Holding Plan Success
Southern bankers report pledges to finance holding of over 4.0 million bales under the Federal Farm Board plan exceeding the New Orleans target by 500,000. Texas Arkansas and other states block pledge totals. leaders express confidence the program will hold about 7 million bales off the market through July.
MENTIONED IN THIS ARTICLE
Atlanta
Southern
Federal Farm Board
New Orleans
Bankers, Farm Board
American Cotton Cooperative Association
Farm Board
Texas
Arkansas
Tennessee
Georgia
Louisiana
Alabama
Mississippi
Oklahoma
South Carolina
Dallas
Nathan Adams
E. F. Creekmore
Three Governors Seek Office at Louisiana State Fair
SHREVEPORT October 27. Three candidates for governor spoke at the state fair political day program. Dr. Paul N. Cyr registered as Governor Cyr and joined Dudley LeBlanc and William C. Boone. Running mates Rovian D. Hendrick and Earl K. Long also attended.
MENTIONED IN THIS ARTICLE
Shreveport
Paul N. Cyr
Governor Cyr
Dudley LeBlanc
William C. Boone
Rovian D. Hendrick
LeBlanc
Earl K. Long
Political row in court over Plaquemines ballot access
Felix J. Elston and 27 candidates said they will go to court to place their names on the official ballot for the upcoming election in Plaquemines Parish. Illinois Central Railroad skipped its quarterly dividend of 1.00 per share on common stock.
MENTIONED IN THIS ARTICLE
New Orleans
Felix J. Elston
Plaquemines Parish
New York
Illinois Central Railroad
Capone associate disrupts contempt hearing in Chicago
Philip D Andrea, a pistol carrying body guard for Al Capone, interrupted his contempt hearing before Federal Judge James H Wilkerson in Chicago. The judge adjourned the session and said a decision would be handed down at 8 am tomorrow.
MENTIONED IN THIS ARTICLE
Chicago
Philip D'Andrea
al Capone
James H. Wilkerson
Wilkerson
Army to play all football games on 1931 schedule
West Point officials announced Cadet Richard B. Sheridan Jr. would be honored by completing the Army football schedule this season. The decision, supported by Sheridan’s family, the football team and the cadet corps, keeps the Yale game fatality in context with the season’s continuation. The body of Sheridan was returned to the academy for burial as funeral plans were arranged.
MENTIONED IN THIS ARTICLE
West Point
N. Y
William R. Smith
The
Military Academy
Army
Richard B. Sheridan
Yale
Smith
Sheridan
United States Military Academy
Corps of Cadets
Richard B. Sheridan, Jr
Little Army End
New Haven
Long Hill
Academy
Great Lakes face gale winds predicted by Weather Bureau
The United States Weather Bureau in Cleveland forecasts strong winds likely to reach gale force across the Great Lakes tonight and Wednesday, with Ontario spared.
MENTIONED IN THIS ARTICLE
Cleveland, O
United States Weather Bureau
Great Lakes
Ontario
Bilbo urges state agricultural credit plan for farmers
Mississippi Governor Theodore G Bilbo proposed a bill to create a state agricultural credit corporation. The plan would provide 14 to 15 million dollars in credit to farmers, financed by 2 million in bonds and a half mill tax allocation, with loans secured by stock collateral and backed by local credit boards.
MENTIONED IN THIS ARTICLE
Senate
Mississippi
State Agricultural Credit Board
Bilbo
Federal Intermediate Credit Banks
Rescue Crews Work From Forks To Reach Six Trapped Men
Rescue teams battle to reach six miners trapped by Saturday explosion in the West End Coal Company mine at Mocanaqua. No sound heard since the incident, but officials hope the men remain alive despite continuous silence.
MENTIONED IN THIS ARTICLE
Wilkes Barre
West End Coal Company
Mocanaqua
State Department of Mines
Fireman Saves His Family From House Fire
L D Haas, a city fireman in Memphis, rescued his aged mother sister and three children from a blaze at his home after kicking out a window pane. He was overcome by smoke and hospitalized for treatment.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
L. D. Haas
Haas
Navy observes 156th birthday amid curtailment talk
In Washington on Theodore Roosevelt's birthday the Navy marks 156 years while considering a budget cut of 60 million dollars for 1933. Secretary Adams hosts dinner aboard Akron as Old Ironsides debate continues and President Hoover favors defense with reduced force.
MENTIONED IN THIS ARTICLE
Washington
Navy
Theodore Roosevelt
Lakehurst
Akron
Adams
America
Gov. Ritchie
Maryland
William S. Benson
Hoover
United States
of Nations
Also Mentioned on This Page
Bie
Jes’ Ramblin
J. B. Pollard
Kendall McEnery
St. Matthew's
McEnery
Charles Schulze
Abe
Red Brown
Sinnett
J. G
Bell
West Monroe
C. C. Bell
West Side
Eugene Flournoy
Ouachita Bank
Cummings
Grand
DeSiard
Lee Avenue
Lida Benton School
A. L. Marioneaux
Gordon Avenue
ALL England
London
Collier, Cockney
King
Associated Press
Caldwell Parish
St. Louis
Helena
Arkansas City
Angola
Cumberland
Nashville
Ohio
Pittsburgh
Cincinnati
Cairo
Chattanooga
Fort Smith Teeneaee
Little Rock Eebeee
RED ' Fulton Peeve Ne Eenes
Alexandria
Camden
Ertesoneneree M40
Orleans
Walmsler
Times- Picayune
Mile
Mayor Walker
Dixie Financiers
S. C
D'Andrea
Mercy
State Credit Corporation
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