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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Jun 16, 1933
Page
6
Charlie D. Haynie aged 64 a Stone Mountain Ga mail carrier was found dead in his car parked behind the post office after loading mail. An inquest will determine cause of death. He lived in DeKalb County all his life and served 16 years as a carrier and is survived by four daughters.
Representative Doughton named chair of the House Ways and Means Committee to form a subcommittee that will study income tax evasions. The panel, with Democrats Hill Cullen Vinson and Cooper and Republicans Treadway Crowther Frear, plans hearings start in November after summer work.
The American dollar weakened in New York markets as uncertainties grew over stabilization plans for leading currencies. The British pound rose about five cents to over $4.07, and the French franc gained about 0.05 to 4.72. Dutch guilders, Swiss francs, and Belgian francs moved with the franc and pound.
Nervous trading across New York and Chicago ends with a last minute recovery. Major industrials climb 1 to 3 points. transfers reach about 5.7 million shares. Cotton and futures show mixed results in New Orleans and Liverpool.
Raw sugar in New York unchanged at 3.35 per spot with no sales. Refined sugar steady at 4.60. Chicago butter 20 066 pounds steady with unchanged prices. Eggs 15 888 dozen steady with prices unchanged. Egg futures notes and butter futures standards referenced with June and October figures.
Chicago market reports show hogs at 21 000 head with steady to higher bids and top 4 75 for 190 300 lb. hogs while weights shift down 4 50 on heavy lots. Cattle receipts around 1500 with fed steers and yearlings steady to lower, steers 5 25 7 25 for 650 900 lb and cows 3 60 4 25, stockers 4 00 5 00.
New Orleans market reports cotton seed oil closed barely steady on June 16 with quotes for prime summer yellow at 4.95 to 5.05 and prime crude 0.25 to 0.40 higher. Futures listed for July at 4.93 and August 4.98 with later dates showing 6.05 in September 5.12 October 5.17 and December 6.24.
New York June 16 closing prices for U S government bonds list Liberty 3s at 82-47 with 102.17 and other issues including Liberty 1st 4s at 32-47 with 102.9, Treasury 4s at 110.4, Treasury 4s at 104.24, and various 3s and 5s with quotes for June and March maturities.
Moultrie hog market report lists prices for hogs by weight and grade. Heavy hogs 240 lbs and up bring 3.50, No 1 160-240 3.75, No 2 140-160 3.50, No 3 120-140 3.25, No 4 100-120 3.00, No 5 60-100 2.75. Sows and stags priced at 3.00.
The market quotes Great Britain at 4.07147 dollars and 4.074%, with 60 day bills at 4.06%. France at 4.73, Italy at 3.29, Germany 28.60, Holland 48.33, Norway 20.60, Sweden 200, and Switzerland 23.26. Other rates include Argentina 30.84, Brazil 7.64, Shanghai 26.25, Mexico City 28.10, and Montreal in New York 89.00.
New York coffee notes show Rio No 7 and Santos No 4 futures quiet with 14 000 and 13 000 bags sold respectively. July to May price ranges are listed for Rio and Santos contracts across several months with mixed gains and declines.
Chicago poultry market report dated June 16 shows live poultry traded in 31 trucks with steady prices. Hens move 9.4 to 10 per unit, turkeys 10 to 11, leghorn broilers 11 to 13, rocks 17 to 20, geese 6 to 14, and colored varieties 15 to 17, among other figures.
Call money in New York on June 16 held at 1 percent all day. Time loans remained steady with 60 to 90 days at 1, 4 months at 1 1/4, and 5 to 6 months at 1 1/4 percent. Prime commercial power at 1 percent. Bankers acceptances unchanged.
Representative Warren announced that a branch of the Home Owners Relief Corporation is likely to be established in Greenville North Carolina. Chairman Stevenson indicated the board will decide at its next meeting and is expected to approve the site. The main North Carolina bank will be in Salisbury.
Savannnah turpentine firm shows 40 percent sales with 56 receipts 663 shipments 9 stock 13971. Rosin firm reports sales 1334 receipts 2166 shipments 100 stock 112931. Quoted prices include B 290 ZM 8.00 BE 32.30 F and FS 3.40 177 K and M 3.46 N 3.50 WG 3.65 WW and X 3.75.
Thomas Patrick Morris a 53 year old Scotsman was found guilty of conspiracy to defraud the estate of Ella V Von E Wendel by falsely claiming to be her brother's son John Gottleb Wendel. The verdict followed his attempt to inherit the estate in New York.
Washington summary shows Democratic platform measures on economy with 1 billion dollar savings, budget balancing, currency moves, tariffs stance, relief grants, public works including St Lawrence Great Lakes deep waters, farm refinancing, army navy defense shifts, anti trust and water power policy, Tennessee Valley Authority setup, prohibition tweaks, securities regulation, banking reforms, veterans’ benefits changes, and foreign affairs aims including world court adherence and Philippine independence.
Spokesmen for the 201 class 1 railroads said they would ignore a 22 percent wage reduction despite a temporary 10 percent deduction in place until November 1. The Railway Labor Executives Association comprising 21 unions condemned the plan as not serious while railroad leaders insisted on the cuts and refused attendance at a proposed July 12 wage conference.
Washington reports adjournment launches about a dozen investigations to run in coming months. Key probes include tax law reform sparked by the J P Morgan inquiry, a Wall Street probe, Kuhn Loeb affairs, Harriman record falsification, Overton election contest in Louisiana, and racketeering in major cities. Other hearings cover bankruptcy, civil service, postal, air mail, and ocean mail subsidies.
President Roosevelt appoints Hugh S. Johnson as administrator of public recovery under the industrial supervision bill in Washington. The move aims to oversee economic stabilizing measures and guide recovery efforts.
Milwaukee June 16 results from two years of experiments announced before the American Medical Association show serum therapy halving deaths from pneumonia types 1 and 2. Doctors Gaylord Anderson and Roderick Heffron report high cost and limited supply but urge early administration within four days and wider distribution methods.
Washington reports Lieutenant Commander Herbert V. Wiley the sole surviving Akron officer was ordered to sea at his own request. Rear Admiral Ernest King said Wiley will report as navigating officer on the Cincinnati while defending the navy policy of sea duty for airship officers.
Dean J. F. Wood of South Georgia State Normal College Valdosta is reported much better at his mountain home near Hayesville after suffering a cerebral hemorrhage from a nervous breakdown. He had regained consciousness yesterday and showed further improvement today following injuries from an automobile wreck.
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