Inflation Talk Swells U S Markets On Gold Embargo Plans
New York reports broad gains across stocks and commodities as government moves to tighten prices via a gold embargo drive higher prices. Stocks led by metals and chemicals rose, with many issues up several dollars while dollar exchange fell and European gold currencies climbed. Cotton and wheat also finished higher in New York and Chicago.
MENTIONED IN THIS ARTICLE
New York
Former Postmaster Acquitted in Federal Theft Case
Beveridge P. Brents of Leonard former Whitewright postmaster was acquitted of embezzling 466.72 in postal funds in the Federal district court at Sherman. The indictment claimed 336.01 from the money order fund and 100.71 from miscellaneous funds after a period ending April 30, 1930. Brents had succeeded his father W. O. Brents and served about a year before being discharged once charges were filed.
MENTIONED IN THIS ARTICLE
Beveridge P. Brents
Leonard
Whitewright
Federal District Court
Sherman
William H. Atwell
Dallas
Brents
United States Postal
W. O. Brents
Burglary Charge Filed in Depot Case
Deputy Sheriff John Evridge filed burglary charges against Everett Turner after a witness testified to looting at the M K T depot. The cash drawers at the depot yielded $20 on February 28 and $2.20 on January 17 after forced openings. Turner, a Sherman county Jail detainee, faced police for weeks with another arrest expected soon.
MENTIONED IN THIS ARTICLE
M-K-T
John Evridge
Everett Turner
Sherman
Turner
Borrowers Single Croppers Fail to Raise Own Living
LONGVIEW 550 Gregg County farmers relied on a one crop system, with 95 percent applying for federal crop loans. Cash crops accounted for 80 percent of acreage, seed plantings were small, and farm spending per mule exceeded per family member. About 90 percent slaughtered only a quarter of needed annual meat.
MENTIONED IN THIS ARTICLE
Longview
Greggs County
R. F. McSwain
Mr. McSwain
Farm Aid Bill Faces Heated Senate Battle Over Nuts
In a Senate clash rooted in farm relief scope, peanuts were removed from the Roosevelt aid bill by a 43 to 39 vote after a day of tension. Administration allies then aimed to strike sugar cane and beets, potentially leaving wheat cotton corn hogs tobacco rice and dairy as covered products.
MENTIONED IN THIS ARTICLE
Washington
Senate
Agriculture Committee
Farmers Rally at Capitol to Oppose Cuts in A&M Projects
Several hundred Texas farmers with families marched on Capitol Hill to oppose reductions in the agricultural experimental stations and county extension programs funded by the A and M College. The crowd, from 95 counties, packed the House galleries as a large turnout expected about 25 percent cuts in both extension and experimental work.
MENTIONED IN THIS ARTICLE
Austin
Texas
Capital Hill
Texas A. & M. College
House
Senate
House Appropriations Committee
Beer May Save House Restaurant From Red Ink
The Washington restaurant shows a potential turnaround as a 3.2 beer goes on sale. Managers discover the day ends $72 in the black, the first daily profit in years, with more beer available for sale.
MENTIONED IN THIS ARTICLE
Washington
Not Guilty Grand Jury Idea Voiced by Defendant
A Chicago Times quote asserts the defendant’s view that a grand jury should return a not guilty verdict. The remark reflects the defendant’s stance on indictments and the juror process amid ongoing legal discussion.
MENTIONED IN THIS ARTICLE
Chicago Times
Garland Rotary Club Visits Whitewright for Intercity Meeting
The Garland and Whitewright Rotary Clubs plan an intercity gathering at the Presbyterian Church basement in Whitewright Friday at 7 45 p m. The Garland club will lead the program with a choral club from Whitewright and musical numbers, plus several Rotarians will sing along. Two new members were introduced, Sidney Watson and Sam Montgomery Jr, and all members are urged to attend to greet the visitors arriving by 7 30 p m.
MENTIONED IN THIS ARTICLE
Garland Rotary Club
Whitewright Rotary Club
Presbyterian Church
Garland Club
Whitewright Club
Garland
W. R. Hooper
Whitewright Music Club
Guy Hamilton
H. T. Arterberry
Fred W. Smith
Leon Devenport
H T. Arterberry
Tommie Chenoweth
J. D. Lowe
Clarence McMillin
Grover B. Smith
A. L. Jackson
Dorothy Hamilton
Sidney Watson
Sam Montgomery Jr
Hooper
Rotary Club
No Crop Loans End April 30 For 1933 Farm Aid
The secretary of agriculture closes crop production loan applications on April 30. Loans require 30 percent crop acreage reductions from 1932 levels, range from 25 to 300 dollars, and landlords must waive loans. Applicants should contact county committees or secretaries, plant food crops, and plan repayment from one to many dollars. Grayson County applicants may apply at J E Davis in the basement of the courthouse.
MENTIONED IN THIS ARTICLE
Secretary of Agriculture
Grayson County
J. E. Davis
Court House
Kimbell Purchases Sherman Chapman Mills in Merge
Kimbell Milling Company announces acquisition of Chapman Mills linking two Sherman plants. The merged operation expands capacity to over 2,600 barrels of flour daily with Chapman Mill adding 600 barrels capacity and 250000 bushels grain storage. James Thompson serves as vice president of both Kimbell units. Kay Kimbell leads the company.
MENTIONED IN THIS ARTICLE
Sherman
Kimbell Milling Company
Chapman Mills
R. A. Chapman Jr
Kay Kimbell
Fort Worth
James Thompson
Birge Street
Kimbell-Diamond Milling Company
Chapman Mill
Farmers Alliance Mill
Chapman
Landscaping Under Way at Y West of Town
Foster Nursery Company of Denison is landscaping the Y at the west end of Main street intersections. The firm won the contract from the Friday Literary Club for sodding and dwarf evergreen shrubs to ensure winter attractiveness without obstructing motorists. A central footpath will be added later. shrubbery planting should finish this week.
MENTIONED IN THIS ARTICLE
Foster Nursery Company
Denison
Main Street
Friday Literary Club
The
Sun
Emmet Penn
C. B. Bryant Jr
H. T. Atterberry
T. E. Barbee
Golf Association Organized Here
Emory Christian and James Lackey helped organize the Whitewright Golf Association at the Texas- Louisiana Power Co. office. Ray Manning was elected president, W. R. Hooper vice president, and Miss Blanche Montgomery secretary and treasurer. The six hole course is planned on 20 acres owned by Mrs. P. J. Pierce on Miller Hill with natural hazards. completion expected in about two weeks. Membership remains open via directors.
MENTIONED IN THIS ARTICLE
Emory Christian
James Lackey
Whitewright Golf Association
Texas- Louisiana Power Co
Ray Manning
W. R. Hooper
Blanche Montgomery
P. J. Pierce
Miller Hill
Christian
Mr. Lackey
Association
Federal court upholds marble machines as legal amusements
In Sherman Randolph Bryant, a Federal Judge, ruled that marble machines are legal and cannot be confiscated. The Tulsa amusement company sued Texas officials including J B Davis and Hubert Bookout. the case was dismissed as no machines had been seized. The ruling states the devices are for amusement and games of skill.
MENTIONED IN THIS ARTICLE
Sherman
Randolph _ Bryant
Tulsa, Okla
James V. Allred
Texas
J. B. Davis
Hubert Bookout
Germany Orders Dissolution of Masonic Lodges
Berlin reports the National Grand Lodges announced dissolving all Free Masonic Lodges in Germany and reforming on a Christian basis. The term Free Mason remains briefly and the Old Testament ritual may remain before disappearance. Lodges will become the National Christian Order of Friedrich the Great with Jews barred from joining.
MENTIONED IN THIS ARTICLE
Berlin
Germany
Christian Order
Friedrich the Great
Fine spring rain benefits crops in Whitewright area
Whitewright received a helpful spring rainfall Wednesday night after two weeks of dry windy weather. Farmers report good stands of corn and oats with oats, corn, and gardens set to benefit. cotton estimated to respond as well. Nail holes in woodwork can be filled with sawdust mixed with glue.
MENTIONED IN THIS ARTICLE
Whitewright
Third Monday Trade Day Draws Big Crowd in Town
A large crowd gathered for the regular monthly trades day on Monday despite farmers planting cotton. The rodeo drew many spectators and merchants reported strong sales, with some specials selling out early. Organizers plan a bigger event for the third Monday in May with new features.
Last of Board's May Wheat Sold Morgenthau Says
Washington. Henry Morgenthau Jr. announced the Farm Board is entirely out of May wheat futures and holds only small positions in other futures. The Red Cross has possession of most cash wheat and will distribute it to the needy. The board once owned large wheat and cotton stocks but has sold or given away the holdings to unwind the stabilizer program.
MENTIONED IN THIS ARTICLE
Washington
Henry Morgenthau Jr
Farm Board
Hoover-created Board
Red Cross
Relief Organization
Morgenthau
Grain Stabilization Corporation
Texas Farm Prices Show Best March Gains Since Summer
The United States Department of Agriculture reports slight to good gains in Texas farm prices from Feb 15 to March 15 across fourteen of twenty two commodities. Corn up 3c a bushel, wheat 4c, oats 2c, cotton 6c per pound, hogs cattle calves 15c per cwt, sheep 20c, horses 3 dollars, milch cows 1 dollar. poultry and dairy led exceptions and egg prices fell 1.4c per dozen but not below March 15 1932 levels.
MENTIONED IN THIS ARTICLE
Texas
United States Department of Agriculture
United States
Roosevelt Abandons Gold Standard to Revive Trade
President Roosevelt moved to abandon the gold standard in world trade and authorize currency measures to lift American prices and stabilize exchanges. He convened advisers to outline action while lawmakers proposed a bill to empower him to issue new currency and adjust dollar gold content.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
United States
Capitol Hill
Senator Thomas
Dem
Oklahoma
Woodin
Phillips
Moley
State Department
Douglas
Pittman
Senate Foreign Relations Committee
Burns
South Carolina
Jury Acquits Man In Justice Court In Bonham
The first jury trial in Guy Stedham justice court acquitted the defendant who lived north of town. He was charged with intoxication after being found in his car on North Bond Street near the Donigan gin plant by Constable Joe Riddle and City Officer F O Mangrum. The case opened with a not guilty plea and a jury trial request. The defendant was represented by Woosley and Cole. The state was represented by R C Slagle. A separate man paid an $18.50 fine on a plea of affray in the same court. Georgia Tech in Atlanta has a 45 acre campus with 24 buildings valued at $1 965 000.
MENTIONED IN THIS ARTICLE
Guy Stedham
Bonham
North
Bond Street
Joe Riddle
F. O. Mangrum
Donigan
Woosley & Cole
R. C. Slagle
Experiments To Make Cheap Motor Fuel From Wood
Experiments to produce a cheap motor fuel from wood are being carried on in Czecho-Slovakia. The work aims to convert wood into a usable fuel, reflecting wartime resourcefulness and fuel concerns.
MENTIONED IN THIS ARTICLE
Czecho-Slovakia
Also Mentioned on This Page
American Can
National Steel
Kennecott
Standard Oil of
New Jersey
American Smelting
Bethlehem Steel
United States Smelting
U. S. Steel
du Pont
Union Pacific
American Telephone
Case
Cerro de Pasco
Allied Chemical
American Tobacco
General Motors
Chicago
Denmark
Ruth Bryan Owen
Farmers Storm Legislature
Kimbell
Golf Association
Federal Court
Hero of
Akron
Dalkdorf
Phoebus
White House
Treasury
Federal Reserve Banks
Federal Reserve
Georgia School of Technology
Atlanta