Senator Glass urged to preserve bond refinancing power
Arthur Brisbane notes Senator Carter Glass’s federal reserve efforts and warns that restricting banks from underwriting or refinancing maturing bonds could disrupt refinancing, hurt stockholders, and threaten savings banks and insurance firms. Chinese air venture reports and humorous vignettes follow with brief global notes and price updates on a boxing match.
MENTIONED IN THIS ARTICLE
Carter Glass
Congress
Federal Reserve
United States
Glass
Lfensurance
Morwant& Company
Kuhn, Loeb, Dillon, Read & Company
Federal Reserve Banks
Garter Glass
Pierce No. 2 well makes rising oil flow near Luling
April 18 report from Luling says Pierce No. 2 well of Bob Rosett Co. is producing about 000 barrels of oil daily and rising hourly as heavy oil is cleared. The plug was drilled after pipelines from the Tos refinery were laid. Gas pressure was kept down and the well was knifed off twice Monday. Bailing began overnight and tanks filled early Tuesday with gauge showing 226 barrels per hour and still climbing.
MENTIONED IN THIS ARTICLE
Pierce No. 2
Bob Rosett
Tose
Owo
Woman Kills Self After Father's Death
In St. Louis on April 26, Leona Newberry, 35, shot herself hours after learning her father Edward Shaprick 65 died from injuries from a fall through a trap door at his business. Police said she was despondent over his death.
MENTIONED IN THIS ARTICLE
Louis
INS
Leona Newberry
Edward Shaprick
Shaprick
Canadian Boy Pays Penalty In Slaying
Wallace Hamesbottom of Sarnia, aged 10, was executed in the local jail yard for killing Samuel Weinstein, an 85 year old grocer murdered during a holdup. The incident happened near Christmas and the youth faced the death penalty after the fatal shot to the heart.
MENTIONED IN THIS ARTICLE
London
Ont
Wallace Hamesbottom
Sarnia
Samual Weinstein
Lovides Mess
Wiftieul Knok
Hale Navy Bill Gains Calendar Preference in Senate
Washington April 26 the Hale bill to build up naval strength received calendar preference from the senate steering committee. The item is connected with the London treaty and signals ongoing naval expansion after two decades of debate. In New York April 28 Jacob Leiberman, blinded for 20 years, regained sight as doctors removed bandages from his eyes.
MENTIONED IN THIS ARTICLE
Washington, D. C
Senate
York
Rockefeller
Jacob Liebers
Weather forecast for San Antonio and West Texas
Forecast calls for partly to mostly cloudy conditions with possible showers in the Panhandle and southwest regions. Cooler conditions expected Tuesday night into Wednesday across northern portions, with warmer readings in the Panhandle by Wednesday. East Texas to see cooler weather and rising winds along the coast.
MENTIONED IN THIS ARTICLE
San Antonio
Texas
Panhande
Panhandle
British Pipe Yields To Cigarette Trend In Britain
London reports a shift in tobacco use as pipe smoking declines about 20 percent from 1924 to 1940 while cigarette smoking rises by around 5 percent. Annual cigarette consumption reaches 45.9 billion sticks, and cigar use falls 25 percent.
MENTIONED IN THIS ARTICLE
London
Rioting erupts across Spanish cities injuring several
In Spain today crowds clashed between extremists and reactionaries. Disturbances spread from Palma de Mallorca in the Balearic Islands to Malaga Valencia Bilbao Burgos and Cadiz. Insurgents attacked Malaga town hall wrecked shops and fought civil guards dispersing after street battles.
MENTIONED IN THIS ARTICLE
Barcelona
Apri
Palma de Mallorca
Batearie
Islands
Spain
Malaga
Valencia
Bilbao
Burgos
Cardobe
Governor Names Shaver As State Superintendent
C N Shaver of Huntsville was named by Governor Sterling as Texas state superintendent of public instruction to fill the unexpired term of the late S M Marrs. Shaver, former Huntsville superintendent and legislator, was expected to run in the forthcoming primary.
MENTIONED IN THIS ARTICLE
Shaver
Austin
C. N. Shaver
Huntsville
Texas
R. 5. Sterling
M. N. Marrs
Foreign Income Tax Exemption Deleted in Revenue Bill
Senate finance committee struck out the exemption from income taxes for American citizens abroad and workers for American runs in a revenue bill. The move drew protests from Sen. Connally of Texas and Sen. Broglam of Connecticut who warned it could harm foreign trade and offset present exemptions.
MENTIONED IN THIS ARTICLE
Wadmlinson
D. Vu
Senate Finance Committee
Senator Connally
Texas
Broglam
Gonteclicut
House
Confiscated Autos Auction Sees 13 Vehicles Sold
The United States Treasury and Marshal's office conducted a sale of 13 confiscated automobiles on Saturday in South Medina Street. The auctioneer reports the vehicles raised about $1130 in total, with many cars described as older models.
MENTIONED IN THIS ARTICLE
United States
U. S. grain exports show weekly decline
U S grain export figures fall to 2,607,000 bushels for the week, down from 2,660,000 year ago and 2,004,000 the prior week, indicating a softer demand pattern amid ongoing market shifts. A separate Kansas City note reports an aged woman firing at a man, injuring a burglar with unclear motives and details.
MENTIONED IN THIS ARTICLE
U. S
Washington, D. C
United States
Economy in Schools Studied by Board During Session
School board members reviewed payrolls and department records and discussed consolidating and economizing during an executive session Tuesday. President Roger Stokes said no action was taken and likely none until the tax rate and next budget are set in June. The plan to switch to one year contracts was deferred until next year.
MENTIONED IN THIS ARTICLE
Roger Stokes
Agrd
Heflin Seeks Senate Seat After Bankhead Loss
In Washington D C today J Thomas Heflin lobbied for a seat in the Senate to replace John H Bankhead who defeated him for re election Heflin claimed political assassination and cited his 1928 refusal to back Alfred E Smith as the reason for being barred from the Alabama Democratic primary of 1930 His oratory drew gallery attention as he defended his right to the seat
MENTIONED IN THIS ARTICLE
Washington, D. C
J. Thomas Heflin
Senate
John H. Bankhead
Heflin
Alfred TB. Smith
Alabama
Seed loan applications due by county committees
Texas commissioner K. McDonald urged farmers to have crop loan applications for the Reconstruction Finance seed loan division approved by county committees no later than next Sunday. The reminder appeared in Austin on April 26.
MENTIONED IN THIS ARTICLE
Okeh Austin
K. McDonald
Texas
Roosevelt Hoover Dine Together at White House Dinner
President Hoover will host a White House dinner for governors conference members with New York Governor Roosevelt in attendance plus the leading Democratic presidential nominee move noted. The event marks a cordial gathering among national leaders ahead of the nominating season.
MENTIONED IN THIS ARTICLE
Washington, D.C
Roostveld
New York
Nomana- Mone
Trom
Hoover
White House
Governors’ Conference
Niceliog
Riehenong
Chaplin Nearing Hospital Discharge in Singapore
Chante Chaplin, held with dengue fever in a Singapore hospital, was set to leave today and continue his journey to Japan by week’s end.
MENTIONED IN THIS ARTICLE
Chaplin
Singapore
INS
Chante Chaplin
Larlny
Japan
Rains Mud During Dust Storm In Goven City
A dust storm swept the prairie, bringing heavy winds and rain of mud that splashed homes and autos in the city. As the atmosphere cleared, the rain turned to clearer air and the dust settled.
MENTIONED IN THIS ARTICLE
Golo
Lindbergh Kidnapping Case Runs Through Mystery and Capone Tie
The Lindbergh kidnapping probes enter their fifty sixth day as Col Schwarzkopf confirms no new contact with the child. Capone’s stay in Cook County Jail tightens as U S Marshal Lauchenhaimer cites Washington limits on passes for relatives and notes Capone’s alleged talks with reporters. Downington and Norfolk connections are questioned while state troopers clear a man and woman of involvement.
MENTIONED IN THIS ARTICLE
Hopewell
W. 4
Lindbergh
Jonn HK. Curkis
Norfoll
Norfolk
Downington
Pennsylvania
Col
H. Norman Schwarzkopf
State Police
Chi
Charles A. Lindbergh
Chicago
Scarface
al Capone
Case
Cook County
United States
Narshal H. W. OG
Yas di- Teetend
Laubenheimer
Foreign Security Committee Urged in Washington
Representative Fish of New York urged creation of a federal commission to pass on the safety of foreign securities after large losses to American investors totaling hundreds of millions. Other notes recount Henry Basse who saved money for China and left a fortune to aid Chinese causes after his death.
MENTIONED IN THIS ARTICLE
Washington
2. C
USI
Walt
Representative Fish
Republican
New York
Federal
Bolzano
Henry Basse
China
Breadline Frolics Inspire Big Money Amid Unemployed
Chicago crowds filled the Majestic Theater as a homeless act staged a controversial show titled Breadline Frolics. The performances drew large audiences and the night grossed about $4000, a striking sum given widespread unemployment. Local organizers touted the act as a curb on despair by turning hardship into entertainment.
MENTIONED IN THIS ARTICLE
Minakret
Majestic Theater
Tate
Hines Opposes Cash Payment for Soldiers Bonus
Washington April 26 Admin official Frank T Hines appeared before the House Ways and Means Committee to oppose full cash payment of the 2 000 000 000 new money soldiers bonus He argued the plan would overstate the face value and noted veteran unemployment and outstanding loans on certificates totaling over 1 3368 million He warned that paying now would equate to paying the original bonus plus 25 percent plus 1 600 000 000 in further costs.
MENTIONED IN THIS ARTICLE
Washington, D.C
Retevans
Frank T. Hines
House
Ways and Means Committee
Charles G. Dawes
Reconstruction Finance Vorporation
Hines
Buweau
United States
Oklahoma G. O. P. Votes for Hoover in Convention
Oklahoma City reports that 25 Republican delegates from the state were pledged today to renominate Dwight D. Hoover and Vice President Curtis. The party convened to choose delegates and affirm the ticket.
MENTIONED IN THIS ARTICLE
Oklahoma
Hoover
Oklahoma City
Old
Drosthet Hoover
Curtis
Divorce Granted to Toronto Doctor in Custody Case
Toronto physician Apel grants divorce after accusing his wife of misconduct. The case included custody of their year old child. The defense offered no counter. New Rockefeller born in New York City. John D. Rockefeller Jr. reportedly becomes a proud grandfather.
MENTIONED IN THIS ARTICLE
Toronto
Proderley Grant Banting
Torny
New Rockefeller
New York
Apel
John D. Rockefeller Jr
Nelson
Daetora’ Hospital
Milwaukee Bans Parade Plan But Wants Beer Back
New York dispatch reports Milwaukee rejected a parade plan for a beer repeal, while voting 14 for maintaining the Eighteenth Amendment report. Prohibition poll lists majorities against continuance across cities including Wilmington Savannah Lansing Morristown Naugatuck Rochester Dayton Portland and Columbia.
MENTIONED IN THIS ARTICLE
Milwaukee
New York
clHrs
Wolmington
Savannah
Lansing
Morristown
Rochester
Nimbus
Dayton
Portland
Ore
Columbia
Paralysis Serum Hope Revealed by Flexner In Institute
Dr. Shuen Flexner of the Rockefeller Institute reported to the National Academy of Sciences on monkey experiments using a serum from infantile paralysis patients combined with a specific virus. The injections appeared to grant some immunity against the disease in test subjects, offering a potential path toward human immunization.
MENTIONED IN THIS ARTICLE
Wovasssorsin
National Academy of Sermens
Shuen Flexner
Rockefeller Institute For Medical Research
Recall Election Ordered in Borger Texas
District Judge E J Pickens issued an order for a recall election of Mayor John R Miller and Borger city commissioners. The judge stated a date by which the city commission must call the election, while city attorney J Aynesworth said an appeal was not certain. The ruling stemmed from an assault case filed by the slate.
MENTIONED IN THIS ARTICLE
Borger
Texas
E. J. Pickens
Ian
Eiosion Oy
Jom R. Miller
Gily
J. He Aynesworth
Asult
Winter Returns To Kansas Section
Winter returned to western Kansas with storms affecting Colby Stockton and Oxford. Snow and cold disrupted travel as wind and freezing temperatures swept through Salina areas including Henry, Burlington, and Colby.
MENTIONED IN THIS ARTICLE
Kansas
Salina
Western
Colby
Stockton
Ooxley
Bleek
Henry CN
Burlington, Cole
Publicity use in stock drives charged before Senate banking panel
Representative LaGuardia accused brokers of using publicity to inflate stock values and cited checks totaling 286000 paid to writers for promoting stocks. He named Whitney president Richard Whitney and Chase Securities linked to the schemes, with question of evidence raised as proceedings opened before the committee.
MENTIONED IN THIS ARTICLE
Washington, D. C
Senate Banking Committee
Representative LaGuardia
New York
Ballyhoo
Whitney
LaGuardia
Richard Whitnney
Brenger
Lee Higginson and Company
Higginson
3& Winder
Buethe
A. Newton Plummer
Phoumer
Chase Securities Corporation
Chase National Bank
Norbeck
Las Guardia
Barkley
Kenyucky
Glass
Denneval
Virginia
Couzens
Michigan
Therm
Wguardia
Gol
Also Mentioned on This Page
Arthur Brisbane
Thos
King Ventures Svi
Pmks
Sa Ching
Mongolia
Userc
Ford
Saison
Chins
Chang Hsianliang
Hong Kong
Peiping
Marshal Chang
Manchuria
Max Schmelingback Sharkey
Earth
South Africa
Blanjarck
England
Dublin
Trth
Uris Pavegiment
Npparentin
Suen
Addi Wontar
Kansas City
Pairaiman Barrel
Oapshaw
Bandlé
Omarkamon
Board
Lcans
Roosevelt, Hoover
Foreign Security Committee
Chicagg
Dart
Brance Lund
Ortraat
Linnt
Lawrence C. Brynton
A. S. Marie Corps
T Ngether
Gwardia Nalionaic
Hope
Neutaeinan
Gallyhoo
Jooue
Solons
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