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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jun 02, 1933
Page
3
Roswell readers learn a ten word line hidden in the Magic Square. The Working Man starring George Arliss and Bette Davis plays Sunday to Tuesday at the Princess Theatre. A list of guests for free tickets is provided by the Record office.
Senate investigators questioned Whitney about a Morgan & Company pool that bought 1,146,609 shares for 137 million and sold for 138 million, with losses at times. The hearing listed officers who received personal loans from 1927 to 1931 and denied distribution of bargain-price stock to royalty or politicians.
Testimony described a joint suspense account used by six banks each contributing 40 million and Guggenheim 10 million. Whitney testified 1,146,609 shares were bought for 137,752,705 and sold in 1930 for 138, profit excluding interest.
Mrs Herbert Hitson and her young daughter from Houston Texas are due in Roswell Sunday to stay part of the summer with Mr and Mrs Will Purdy. Mrs Hitson is the daughter of Mr and Mrs Purdy.
H. L. Stevens traveled to Artesia this morning to spend the day on business matters.
A Model T Ford and a Chevrolet collided yesterday afternoon near the corner of Atkinson and Second at about 4 30. The Ford was heading west on Second and the Chevrolet south on Atkinson. No injuries were reported though the Ford suffered considerable damage.
State Labor Commissioner Ralph E. Davy, speaking at an Artesia meeting, urged Artesia to pass a city ordinance regulating hours of work to better enforce state law and ensure fairer competition for merchants. He said local ordinances would help curb unfair competition and aid enforcement.
Efforts to reopen Artesia’s first National Bank advance with a plan from a committee chosen at the initial meeting. Depositors may supply 50000 in preferred stock while stockholders contribute 8000. A complete plan is now pending Treasury Department review.
The Brookshier Produce ad lists live or dressed meat prices: hens at per pound, young bakers 18 cents, roosters 8 cents, fryers or broilers 25 or 50 cents each, squabs at 2 for 30 cents, young rabbits at 2 for 30 cents. Ad appears in the 12tic issue.
The New Mexico Oil Men's Protective Association protests President Roosevelt over a proposed federal gasoline tax. The plan would raise the tax to one and three fourths cents per gallon for federal purposes.
A hail storm swept through the Hope section west of Artesia on Wednesday afternoon leaving only minor damage due to small hail. Rivers Penasco and Felix were reported running full yesterday as rain fed runoff.
In Chaves County New Mexico Addie Elzie sues Johnnie Elzie to cancel their marriage. The court warns appearance by July 26 1933 or default judgment will be entered. Attorneys Hurd and Cruise of Roswell NM represent the plaintiff. Clerk Geo L Foreman signs the notice June 1 1933.
Max Schmeling, in training at Lake Swannanoa, shifts from his crouching stance to an erect defense as he prepares to fight Max Baer at Yankee Stadium next Thursday night. Baer plans a rushing, headlong assault inspired by Dempsey, while Schmeling tests to counter with a longer reach and sharp lefts amid sparring that tests his renewed posture and timing.
Washington report states reconstruction finance corporation records show neither of two loans to Hatch and Springer in New Mexico were utilized as of May 15. The Hatch loan was 16500 and the Springer loan 37500, both self liquidating. A 23000 loan for the First National Bank of Artesia appears cancelled or withdrawn.
Washington report reveals that no portion of the self finance corporation loan liquidation for April was disbursed by May 15. Hatch had an authorized 16500 loan and Springer 37500. A 20000 loan to the First National Bank of Artesia was withdrawn or cancelled per the report.
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