Treasury Loan 5 Fully Subscribed in Postwar Financing
The Treasury announced the largest postwar government financing issue, oversubscribed within hours. About 1.25 billion in cash was sought, with 650 million in 12 to 15 year bonds and 600 million in five year notes. book close included a conversion option for holders of maturing notes. Of the total 1.809 billion, 1.25 billion in cash was targeted, 450 million to retire maturing bills, and 800 million to bolster relief, farm, and bonus payments.
MENTIONED IN THIS ARTICLE
Washington
The
Treasury
Morgenthau
Central State Bank to reopen in Sherman under John H Perry
The Central State Bank of Sherman plans to reopen about March 15 under John H Perry formerly of Purcell Oklahoma who has reorganized the bank and applied for a charter It will have 50000 capital stock and 5000 surplus all paid in cash A stockholders meeting will be held and officers elected once the charter is granted Perry has run a banking business for 28 years and is connected to Sherman Whitewright and Enna Montgomery.
MENTIONED IN THIS ARTICLE
Sherman
Central State Bank of Sherman
John H. Perry
Purcell
Okla
Shermanites
Central State Bank
Perry
Roosevelt backs profits tax to fund farm relief debate
President Roosevelt urged a 620 million dollar addition to corporate tax through a revision of the revenue system. He urged taxing undistributed profits as earnings, distinguishing reserves from depreciated working capital. Congress reacts with mixed support as administration promotes a new tax bill pathway. Also note: new perforated metal telephone booths are being produced.
MENTIONED IN THIS ARTICLE
Washington
White House
Congress
Roosevelt
Black Blizzards Roar Through Dust Bowl Regions
Black blizzards swept two sections of the dust bowl on Wednesday. High east winds from Kansas drove fine black dust over the Oklahoma Panhandle, northwest Texas, and into New Mexico’s Pecos Valley and eastern plains. The Guymon area in Oklahoma reported the season’s worst duster with little damage noted otherwise. winds caused some wheat losses in Texas and New Mexico, though far less than last spring.
MENTIONED IN THIS ARTICLE
Albuquerque
N. M
Kansas
Oklahoma Panhandle
Texas
Pecos Valley
Plains
New Mexico
Guymon
Okla
Quality Gasoline 15 Being Checked in Territory
George H. Sheppard state comptroller has placed J. M. Eaves here to check gasoline quality and ensure taxes are paid. The statewide drive aims to remove adulterants and protect motorists. He cites $4,000,000 more gasoline tax collected in 1935 and projects about $40,000,000 for 1936 to aid schools and state services. A permanent local representative will operate under Dallas supervision with headquarters in Sherman, with Eaves surveying Whitewright area gas sales Wednesday.
MENTIONED IN THIS ARTICLE
George H. Sheppard
State Comptroller of Public Accounts
J. M. Eaves
Mr. Sheppard
Sheppard
Dallas
Sherman
Eaves
Whitewright
Denison crook sells empty boxes for 115 dollars
A bold racketeer in Denison duped Saturday crowd by selling empty boxes for 115 dollars after first enticing buyers with watches and fake bargains. He offered a stack of cellophane parcels and claimed they contained nothing, then pocketed the money and sped away with a companion.
MENTIONED IN THIS ARTICLE
Denison
Santa Claus
Solomon
Denison Hotel Sold At Auction For 25000
Hotel Simpson sold for 25000 at auction Tuesday to Tom Suggs a Denison attorney for a group of bondholders holding a 76487 judgment. Bondholders and hotel management agree to 90 days to secure a loan to retain the property with an RFC loan anticipated.
MENTIONED IN THIS ARTICLE
Denison
Simpson
Tom Suggs
RFC
WPA Projects Make Good Showing Here
Work is underway on the Whitewright Ida Sherman road formerly Highway 42 with subgrade and rock base prep led by Commissioner Ben Vaughan. A Pennell farm rock quarry supplies material as WPA crews from nearby towns move to boost project quotas under A. L. Banks and Jasper Sparks guiding on site. Officials report progress on Whitewright Ely Ector road as work begins mid month, with 3 600 cubic yards of rock and 1 700 cubic yards of gravel already placed.
MENTIONED IN THIS ARTICLE
Whitewright- Ida-Sherman
Ben Vaughan
Pennell Farm
Whitewright
Choctaw Creek
WPA
Bells
Tom Bean
Crops Benefited by Rain Wednesday
Whitewright and surroundings received a fine spring rain Wednesday afternoon. The fall was heavy north and west of town with water standing in fields, lighter to the south and northeast. A heavy hail reported in the Canaan area caused no damage. The rain will boost oats and early corn plantings, aiding volunteer oats. farmers who had delayed planting will resume once the ground dries.
MENTIONED IN THIS ARTICLE
Whitewright
Canaan
Contagious Diseases Should Be Reported
Austin news reports State Health Officer Dr. John W. Brown urges immediate reporting of any communicable disease to local health officers. He says early information on when and where cases occur is essential to prevent or curb epidemics and to protect the public by quarantine when needed.
MENTIONED IN THIS ARTICLE
Austin
John W. Brown
Hey Reelected Head of Whitewright Public Schools
At a Board of Education meeting H W Key was reelected superintendent for a second year. An election to fill two three year terms on the Board is set for Saturday April 4. R A Gillett’s term ends and a vacancy remains from F L Douglas’s resignation. Key urged census cooperation as funds depend on counted children. All ages six to 17 on Sept 1 1936 must be included.
MENTIONED IN THIS ARTICLE
Board of Education
H. W. Key
Whitewright
Key
R. A. Gillett
F. L. Douglas
Farm Bill Amends 1935 Soil Conservation Measure
President Roosevelt outlines a new Soil Conservation and Domestic Allotment Act replacing the 1935 AAA. It creates a dual federal state control system with subsidies capped at 500 million dollars for the first year, and broad grant powers to farmers or states for approved plans. The bill envisions a permanent program with extensive funding and rules for tenant farmers and croppers.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Secretary of Agriculture
House
Senate
AAA
Washington-on-Brazos Signers Recalled At Historic Park
Texas centennial notes mark Old Washington and Independence as relics of the 1836 independence delegation. The park preserves a blacksmith shop replica and a brick auditorium while plans list a signer monument and a Childress statue. Independence hosts annual homecomings and Baylor University roots are noted nearby.
MENTIONED IN THIS ARTICLE
Washington-on-Brazos
Independence
Washington County
Centennial Commission of Control
George C. Childress
Old Town
Washington
Baylor University
Texas
Sam Houston
Anson Jones
Texas Republic
Blues
Seward
Asa Hoxie
Farm Power Bill Faces Opposition Yet Moves Forward
Washington report notes Senator George W. Norris backed by administration support overcame Senate opposition to a rural electrification bill worth 420 million dollars. Critics from Texas and Wyoming attacked discretionary spending while Norris proposed trimming the authorization and awaits a vote against Utah Senator King who seeks 100 million dollars.
MENTIONED IN THIS ARTICLE
Washington
George W. Norris
Nebraska
Senate
Tom Connally
Texas
O'Mahoney
Wyoming
Roosevelt
Norris
William King
Dem
Utah
Over Billion Paid Farmers by AAA Reported
Washington report shows the Agricultural Adjustment Administration paid out 1.108 billion dollars in benefits from May 1933 to end of 1935, with 1935 payments at 580.8 million. Corn hog farmers led recipients at 397.0 million, followed by cotton producers and wheat farmers.
MENTIONED IN THIS ARTICLE
Washington
Agricultural Adjustment Administration
New Deal
Supreme Court
Roosevelt
AAA
Farm Help Plan Weighs Prices and Soil Conservation
The proposal outlines a prewar ratio goal for farm and nonfarm income, with payments tied to land use, soil restoration, and domestic consumption. It seeks continuous commodity supply at fair prices, avoiding direct farmer contracts while enabling broad payments. Allocations consider state crops, acreage, and productivity, with $2,000,000 for wind erosion control in the Southern Great Plains and applicability to Alaska Hawaii and Puerto Rico along with the mainland.
MENTIONED IN THIS ARTICLE
Great Plains
Alaska
Hawaii
Puerto Rico
United States
Kaolin Hub Aiken County Leads U S Porcelain Clay
Aiken County South Carolina stands as a leading Kaolin production center in the United States, shaping regional industry with its porcelain clay output and processing capacity.
MENTIONED IN THIS ARTICLE
Aiken County
South Carolina
United States
Norwegian tailor patents photo measurement method
A Norwegian tailor has invented a photographic system to measure customers by capturing front and side views with tapes attached. The method aims to streamline clothing fitting by linking visual measurements to body dimensions, potentially transforming how garments are tailored.
Frank Hicks Killed in Auto Accident near Whitewright
Frank Hicks, longtime farmer living three miles north of Whitewright, died instantly when his car left the Sherman Bells highway east of Ferguson station and rolled several times. C W Bryant Jr. escaped with minor injuries. Hicks is survived by his wife Lelia, children Jack and Mildred Sue, mother Mrs. Elliot Hicks, brother Tom, sisters Mrs. Jim Mullins and Mrs. Haly Rhody. Funeral was at Canaan Methodist Church with burial at Oak Hill Cemetery.
MENTIONED IN THIS ARTICLE
Frank Hicks
Whitewright
Sherman-Bells
Ferguson
Mr. Hicks
C. W. Bryant Jr
Sherman
Bryant
R. R. Waldo
Lelia Burden Hicks
Jack Hicks
Mildred Sue Hicks
Elliot Hicks
Tom Hicks
Abilene
Jim Mullins
Haly Rhody
Hicks
Kentucky
Texas
Canaan Methodist Church
J. B. Hibbert
Oak Hill Cemetery
District Attorney Declares War on Gambling in Denison
District Attorney B F Gafford of Grayson County says gambling bootlegging and other crimes in Denison must end immediately in a formal order to city and sheriff. He cites ongoing investigations cooperation with the sheriff and promises swift action to close dens amid a recent shooting at a beer parlor. The governor has been informed and rangers could be sent if needed.
MENTIONED IN THIS ARTICLE
Denison
B. F. Gafford
Grayson County
Herald
Benton Davis
Austin
Hay Destroyed by Fire at Round Bale Site
A warehouse owned by D E Low containing 30 tons of hay owned by Lester Haile burned Sunday night around nine. Low carried no building insurance, valued at several hundred dollars, while Haile held 300000 in hay insurance. Origin of the blaze is unknown. Firefighters also battled a cotton yard blaze earlier Sunday.
MENTIONED IN THIS ARTICLE
D. E. Low
Lester Haile
Also Mentioned on This Page
Treasury Loan
Mr. Perry
S. H. Montgomery
Enna Montgomery
van Alstyne
B. F. Perry
the Sun
FAKER
Denison Hotel
H.W. Hey
Mexico
Brazor
Old Washington
Texas Centennial Commission of Control
Rome
Italy
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