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About Athens banner-herald. (Athens, Ga.) 1933-current | View Entire Issue (June 19, 1934)
PAGE TWO STOCKS SUBJECTED y b 10 PROFIT-TAKING Wall Street Follows Old Custom and Sells on “Cood News’’ \ BY VICTOR EUBANK NEW YORK—(AP)—WaI] street followed itg old time system of “selling on the good news” today and stocks, after a fairly firm (nperiing, were subjected to consid erable profit taking. Although the belated adjourn ment of congress wag Seen as an entirely cheerful omen, speculative forces were thought to have largely discounted this expectancy. Equi ties that have recently shown the imost substantial gains suffered re eessions of fractions to around 2 point. The trading wvolume, how ever, dwindled appreciably in the wake of the declining flurries, Commodities developed some nervousness. Wheat and corn eas ed and cotton relinquished some of its morning advances. Silver fu tures turned upward as the sign ing of the new silver bill appeared imminent. Rubber lagged. Bunds‘ maintained a generally steady po- . sition, but activity in this depart-i ment was small. Foreign exchanges f were without any especial interest. Despite realizing, a few shax‘es‘ got into new high territory for the | year. Among these were Great Western Sugar preferred, up 2, and American Sugar Refining, up more than a point. Cudahy, Wilson “A” and Allied Chemical gained about 2 point each and Union Pacific was firm. ' W SMALL INCREASE - NEW YORK—(®)—After a fairly active and higher opening, cotton became comparatively quiet with prices sagging off partially under realizing and scattered selling, pro moted by improving weather pros pectg;in the south. October after selling up to 12.28 sagged to 12.22 a%&s ruling around 12.25 during _ thgimiddle of the afternoon with agt months generally showing net .gaing of about 4 to 6 points. _ =+ New York Table fi.;fi . Open High Low Close P. C: Wuly:; 12.08 12.17 11.97 12.15 11.93 Oct. ~ 12.28 12.42 12.22 12.40 12.19 Dee, . 12.40 12.58 12.84 12.52 12.80 Jen. . 12.46 12,59 12.40 12.59 12.86 ch.. . 12°66 12.71 12.60 12,70 12 .4¢ : May . 12,66 12.81 12.80 12.81 12.58 .. ... PRICES FLUCTUATE «NEW ORLEANS —(AP)— The _ potton market developed only a _moderate volume %of trading Tues day and prices Tuctuated with a moderate range, showing no par= ticular tendency. i New Orleans Table o =+ Open High Low Close F. (. Ay . 12.62 32.18 13.92 12.15 11.95 ot . 12.28 12.88°12.20 12.38 12.17 ,ufl;ec. L 1286 12.50 12.82 12.50 12.29 Jani . 12.89 1289 12.84 ..... 12.83 suMch: . 12.560 12.66 12.49 12.65 12.44 May . 12,62 12,62 12.62 12.75 12,64 CHICAGO GRAIN = High ILow Close T .of s N ; CORy 85 941 98N R ... .. .. 98% .96% .96% ‘v;; ceenient ow 89% - 88% .68% WEDE .. L. UNAOO% J 89% (6034 s B ot 80% 6086 .60% E TR ERly .0 L) 489 8% 43y . LA ek e lasy ghm St TR a 0 b x:.“*f - % f‘:w;—r‘ State Convention of Lions Clubs Opens in Decatur This Morning i DECATUR, Ga. —(AP) — Lions‘ clubs of Georgia opened their an- | nual state convertion here 1«)(]&1.\" with approximately 200 delegates in attendance. | The annual rveport of District | Governor George Johnson of La- Grange and wvarious district and committee reports were on the morning " program. The visitors will be entertained at the annual Governor's Ball tonight. Officers will be elected at to mMorrow’'s session, love Harrell, Atlanta zone governor and W. T. Ray, Athens zone governor were mentioned as possible successors to Johnson. Both Albany and Co lumbus placed bids for the 1935 convention. FLASH! - - Delicious Cracked Wheat Bread and Rolls this week —Very tasty and nutri . 8 . tious. A real delicacy. y Order Benson’s from your grocer. ’ ~ BENSON'’S BAKERY A 4 ’%ls ) ye N R Qu\ck/S\lro —Simple TERB-O ANT KX'LLER il T y your g&ao& of ants in 24 hours: Carnies 815 ney" ack gusmmee, No Mess. No Bother: Simp\etou&.GetThl‘x‘;’.\‘ ANT KILLE R §yom your dealer godsy _if he 00l not supD¥ you.sendh’xs pame and 50¢ for |arge gse OF 95¢ for small €2O bottle SENORBT CHEmC AL cmay,x_\x 610 GRATIOT 8T sT. 10018, MO Po fl : - : 7 : o N ! b Q ) H fi’(g 3 % ¥ %. TH eU ER NEW YORK STOCKS ; NEW YORK-—~()—Following is ,the range of stocks quotations on the New York Stock Exchange to ‘day: e A e Allled. Chem. and D. .. ..,.141% Aferican Can ... .. .. .. 1% Am. anq Foreign Power .... 8% Am. Power and Light .. .. 8 American Rad. Std. .. .. .. 14% American Smelt. and R. .. .. 42 American T, atig@ T, .. .. ..155% American Tobaceo .. .. .. . 78% American Tobaceo ‘B’ .. .. 75%! Auneonos .. . .. ~ o 18R Atlantic Coast Line .. .. .. 42 Atlantis Bafintne ~ .. .. 28% R . k. R BYREOn CorDa ..iv. oo ot 0 0B : - Baltimore and Ohio .. .. ... 24% BEHMIE AV, .. .. . L e s 20 Bethléhem Steel .. .. .. .... 2% B 0 M. 0 L as e B Sl Catane D, . Ale .. .. ... 229 Canadian Paelfic .. .. .y . 35% a 0 o, e 53%‘ Chesapeake and Ohio .. .. ~ 4T% LORYEBIbY ioae .o v i oo e Bl BLOUACOI .. s ..o e Bl Ol G d Bl . v w 3 0N OV (¢ i e b i RON Colit: and POl, . e BN O GBBO 5. . s B ,lCcn ot ~ . e Cont, ORI ... .. i . o v 10 e [ onene DUPOHE .. 0 i ohis ae N B e Electric Power and Light ... 6% S General Electric .. .. .. .... 20% SeUBYal 000 .. ss' cvise are B 8 CIONBYR]L MOLOYS . oo .oy 40e vv 82 (lletle . oo . 0 a 0 Soid DUBE . .. 0L s L i B SIOOUYVERE o). 0s 10 sbovs o oi SR Co —H— ‘ Hudion Motowm ~ ~ .. .. o, AR — e llllinois Central .. .. .. ... 20 IREL RN . o U O it Nt 08n o, .. .. o, BN int: 1. and . ... L. IBN i e sohng-Manville .. .. .. .. . % —_—— Kennedott .. .. .. .. ~ . 4 et Idh. O, B GoaAR o, ~ .., BN ’Liggett and Myers "R” ~ .. 9% JOBW L L G IR ILormard Ve ity Ly L e —M] Montgomery Ward .. .. .:.. 28% 1 7 Nash Motors ~ .. o L . 10 National Dalvy .. .. .. .: .. 18% STIDHAT Diat: . .. .. ... 2% National Power and Light .. 10% SO TONE Cantral .. .. .. s 1% NoL oN B asd .. . 08 North Amegdcanp.. ssiies oseidßß Fankary .. .. L L L., BB FargmountsPublix .. .. .. ~ 1% FEREAY 0. L e BBR . N dßillipe P, . .. . .. L 1B Public Bervice, N, J. .. ... '58% : i i ESSTREA R sl e | Republic. Steel .. ~ .. ~ ~ 1% ‘Reynolds fabacen 'B" .. ... 6% il Soavomra OU .. .. ... A% Bears«Rosbuck ~ .. .. .. .. 4% Bocony Vel . . . . 0o BB Hovthesn BRpHAG .. o, ~ 2 98 sSouthery Wy. .. ~ . .. .. B6W Standard Brandg . v gaoov 81 Standard G. and El. .., ~.. 11% pignaard 11, Callt, ~ .. .. 3b% standerd O, N. 3, .. .. .. 81 BRRGONRRer .. i s AN T » okan Qorp. L, 0 L 0 L 0 . T 4 Trans-American .. .. i ... &% e Union Bag and P. .. i, +: .. 81N UUnited Alrovatt . .. .. ... ... 19% Unitel Ciapn. .. L do o B Hmten She My, L. ~ .. o 18 L. B, IRA. Alcohol .. .. ..., 48 0N Bl .. ... obh LoB Sleer opta. .. . .. —W e Warner PIOTUres .. i, ;. e B Wesson Qll .0, .0 . L BN Weaters Union .. .. .. .. .. ¢l% Whltwenth ... 0 Ry lUniversity’s Loan - Test Case Before \ Ga. Supreme Court ATLANTA —( AP) — The State l Supréme court was scheduled to ‘hear arguments Tuesday in the “lest case involving the legality of 1a Public works Administration ‘luun and grant of $2.800,000 to the University of Georgia System, but !it was possible the case would not be reached on the argument calen ‘d:n- as it was far down the list. Federal authorities requireq the approvial of the State Supreme ccurt before making the loan be cause of a clause in the Georgia constitution prohibiting any agen cy of the state from borrowing money except on state bond issues |ratified by the voters. Governor Talmadge is opposed 110 the plan and on his instruction ‘.\nurney General M. J. Yeoman {soueht an injunction in Fulton 'Sxmerior court which was denied hy Judge E. D. Thomas. The at !wnx(’y general then appealed. ' —————-——-l ROYSTON MAN PRODUCES A TEN POUND CABBAGE ROYSTON—H. A. Kay, Route 2, Royston, has grown one of the largest cabbages ever seen in this section. The plant is 37 inches inn circumference and weighs 10 pounds. The cabbage was one of [IOO plants set out by Mr. Kay, jone of this county’s most progres ‘sive farmers. GERMAN ZEP RETURNS FRIEDRICHSHAFEN, Germany. —(P)—The dirigible Graf Zeppelin | returned Tuesday from its second trip of the year to South America. It will be prepared immediately ,for another flight over the south { Atlantic. It is scheduled to reach Buenos Aires June 23. Hugo Eckener, commander of the Graf, remained in South Am erica, Pacific Flight e G e e . T R i e e s kg el g e Gs s e e G o AR e e L T Y R S e, . Seaa e i o 00 |f_?} s S Jirst woman to fly across the Pacific Ocean is the distinction sought by Lady Isabel Chaytor, above, London, Eng., social figure and a noted flier in her, own right. She expects to ac company Capt, Harry Lyon, ) American flier, from Brisbane, Australia, to San Francisco, when Lyon, with-Bob Lape asg co-pilot, . attempts to travel from London to San Francisco v in 100 fiying hours. Nomination Again (By the Associated Press.) Two United States senators— Henrrik Shipstead of Minnesota and Frederick Hale of Maine— were virtually assured of re-nom ination Tuesday by returns from their states’ primary elcetions. Shipstead was running far ahead of Congressman Francis H. Shoe maker for the Farmer-Labor nom ination; Hale, Republican senator gince 1917, held a secure lead over Louis A. Jack. Governor Floyd B. Olson of Minnesota won the Farmer-Labor nomination from a single oppo nent, John Lind. Martin Nelson, Austin lawyer, led three opponentd for the Republican nomination for governor, and Fred Schipplin, St. Cloud publisher, was showing the way to seven opponents for the Demecratic gubernatorial nomina tion. Governor Louis J. Brann of Maine, a Democrat, was unoppos ed for re-nomina‘'gon; Alfreq K. Ames, retired lumberman, appear ed to be the Republican choice to run against Brann in the Septem ber election. Saa : & R R ;-:r»:;;;::;;;:;:;f DRTRS s) 20000 O R TR il o EE Rt T eAe e A B SRR Ry % R R e s & A eR 'f RAT BOEI 10 A 2 R % o %8 Rt e so e S RSR RIS SeRO RS S e 337 0S LS Pt G2O I ~ »._:~:;.;:;:;;:;:;:;:;Z::;:;:;:;:;:;:;:;‘,":,‘;.“t» e R Beß eL D DI - L sRGheRLR e S S SRR R e ;;;g;z::::;;.;:%;;;;:z:“ s e SHE e i s ‘*i Pt e ““‘*"%\g L R 3 i " ; eAe e S O SRS T R 3 B R e SR R s \“%@é T e i .o ™ SRRt o R e e 4 . P beeons ? 5 Sl P GEEERRE . 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TRY THIS EXPERIENCE If you have ever tried to clock 300 or 400 miles in one day’s drive you can imagine the terrific output of energy a racing driver crowds into “the 500 at Indianapolis. As Bill Cummings said himself after the race: “For 200 gruel ing 1ap5...1 had to average 104.863 miles an hour, the new world’s record for ‘the 500'...sometimes hitting it up to over 2 miles a minute...to win. 4 hours and 46 minutes B PO (P hLc ]! ' Nerv e g 307 /. o - S, o 7 \?\}f !{ o ;Y.W.CA. Camp at = | . ~ Jennings Mill for 2 J } Girls Opens Soon The Athens Y. W.,C. A. camp for girls seven years old and over will open Wednesday, June 27, at Jennings Mill near here. Registra tion is already large, and many girls are expected to attend. Several other groups have al ready held short camps at Jennings Mill, and they report that the water is fine and everything is just ag nice as it was last year. Each vear the Y. W. C. A, camp 'is looked forward to eagerly by Ath eng girls. The camp @ will last for omne month and the rate is $1 a day. Campers may attend as long or as¢ short a time as they wish. Councillors will -be Dorothy Kimbrell, Douglas Grimes, Gene Brooks. Dorothy Jarnagin. and Ruth Brown, with Dr. and Mrs. R. P. Brooks as chavnerones and Miss Lucile Crabtree directing. Anyvone wishing to register or get further information concerning the camp should call the’' Y. W. C. A. home on Hancock avenue, 976, or one of the councillors. FINISH OF SESSION COMES LAST NICHT ~ WITH LONG’S SALLY 1 (Continued From Page One) e 3 ¥ ¢ ior Robinson, Democratic leader, said. He said that under the lead ership of President Roosevelt it had done a “wonderful work.” The house, which had marked time most of the last few days, quit in an aura of good will. Rep resentative Byrns of Tennessee, the majority leader, called it the “most momentous” congress ever. Representaive Snell of New York, }minority leader, said if he had to be presided over by a Democrat, ‘his vote was for the ‘“genial” Speaker Rainey. . The house formally voted to forego a progrm of joymaking, for fear the country would think it lacked dignity. Then it went ahead and held it anyway. Rep resentative Blanton (D.-Texas) suggested the Marine band might Play because that was ‘dignified.” The band played “Yankee Doodle.” The members roared out the words. Representative Truax (D.- Ohio) sang “Beautiful Ohio.” When the word arrived at the ‘White House that congress was at last resting from its labors, President Roosevelt was found to be resting too. He was abed, fast asleep. NEW PILOT NAMED PITTSBURGH.— (&) — Harold “Pie” Traynor, veteran third base man of .the Pittsburgh Pirates, was -appointed manager of the club Tuesday. He succeeds George Gibson, pilet for three days. ; BUSINESS MEN MEET ‘ Members of the Young Businesds Men’s club will hear an address tonight .by Prof. D. L. FEarnest of the University of Georgia at their weekly meeting at 7:30 p'clock at the Y, M. C. A. build ing on Lumpkin street. THi: BANNER-HERALD, ATHENS, GEORGIA*~ - Takes U. S. Post v e S i Pt T BSN ... 14 1 S b e U Yo B R R e e e Wi : ’ % \';'33: s R -es e L e B R A 38 i ? SRR, R R e R R fi A 5 LR e nin ee e ] L . B N SO 5 SRR R e e Another Administration official recruited from collegiate ranks, Dr. Claudius T. Murchison of the University of North Carolina {s pictured at his desk in Washing ton after he had been appointed lirector of the Bureau of Foreign and Domestic Commerce, - . - i 'A. F. Scoggin Praises Work Done by Local Re-employment Bureau A, F. Scogging, member of the state staff of the National Reem ' ployment Bureaus, arrived in Ath ‘mls Monday for a week’s stay dur ‘jng which he will visit the coun -ILies handled through® the local of ]fi('e and make ¢ general inspection of the work being done. “People are beginning to realize what:a great help these bureaus can be to them,” he said, “and le‘*aeh office is reporting remarkable progress. The Athens office is one of the best in the state, making 'll weekly report of many place ments, the majority of which are private, a feature of the work which we are stressing.” TWO ARRESTED Lucy Derricotte, colored, is in county jail, taken on a warrant sworn out by Mat Derricote '('haxing assault with intent to murder. Phillis Larkin was arrest ed by City policemen Cornelison and Beusse ldast night and turned over to county officers who want ed her on a felony warrant sworn [out by Alberta Skeins ygharging assault with intent to murder, of this wrings the vitality out of 2 man. I felt pretty well played out at the end of the race. My mechanic and I turned to Camels for the first luxurious smoke that always chases that tired feeling away. Any time I'm ‘all in’ I know that Camels will give me a “lift’ in energy. I smoke them steadily, too, because I know that Camels will never jangle healthy nerves.” Postoffice Mond At Fire Alarm Box Fire alarms may be fire alarms and mail boxes may be mail! boxes but there’s one Athens fellow who didn’t know that. Fireman ex plained the difference to him Mon day evening after he tried to malil a letter in F.re Alarm box 314, resulting in an eéxciting three or four minutes for members of the fire department and neighbors in the vicinity < the box. Chief Lester, investigating the matter, found the culprit—a Negro boy. ‘His parents were very much upset. “Wie're new to Athens,” they ex plained, which apparently, so far as they were concerned, made it clear exactly why anyone should mistake a fire alarm box for a mail box. Less clear to Chief Lester, he nevertheless made no case when he was convinced that the boy meant no harm and really didn’t know tre difference, . . Highlights of 73rd - . Congress, Busiest in g - & Peace-Time History ‘ Y — ‘ 3 i (Continued ¥rom Page One) tration’s opposition, but it died in the senate. Administration men suffered an other defeat when opposition in the senate to giving the oil admin istration even greater power over the petroleum industry side track ed that measure until the next congress. Of world wide importance was the Johnson bill to prohibit lend ing American money to foreign debt defaulters. Another move of international import was the resolution under which the president placed a vir tual embargo on shipments of arms to Bolivia and Paraguay, Congress decided to free the Philippines and permit them to set up their own republic. A' new air mail law designed to insure competititive bidding for contracts, eliminate graft and ul timately to eliminate the annual subsidy was written on the law books, An array of crime prevention bills that make Uncle Sam a much more notent foe of such men as John Dillinger were enacted at the behest of the administration. They include measures aimed at kidnaping, racketeering, machine gun thuggery, extortion, bank rob keryv. They allow federal ‘agents to earry arms and make arrests. SEARCH FOR BOAT WILMINGTON, N. C. — (&) — Coast guard craft early today pa trolled the waters off Carolina Beach here gearching for an uni dentified two-masted sloop report ed last night to have been in dis tress. Persons on land reported they saw the boat apparently vanish in the rough sea. SRR o oMR P CUE e s ? : . Camels are made from finex, MORE EXPENSIVE TOBACCOS Fo —Turkish and Domestic—than any other popular brand L e et a LIFL :‘\,\;: 2 i l‘l l b e with a Gamel'! e e T LTy ST TP TN |ROOSEVELT STUDIES | BRITISH SUGGESTION 1 = ¢ 1y i l (Continueg From Page One) ted, permits the president to ap point meditation boards to adjust iabor disputes involving collective bargaiuing. Deluged by more than 20 bills passed in the closing bours of the session, the presilent scattered the new meaures out today to the va rious departments for eXamination and = will sign them ddaring the ten days allowed by the constitu tion. } The silver measare s2lli hbe sign ed tlonight at 840 r. m., -an hour when all money exchanges are clored, if 2 expects to stuly the new leg islation while on kis forth-coming trin: to New England . and New York and probavly will sign some of Ibe bills wkhile out .. the city. In response to inquiries, the président said he had oot read a report of the house military com mittee recommending dismissal of Major General Benjamin D. Fou lois as chief of the air corps. . . Georgia Delegates in Congress Head Home To Account for Actions 1 (Continued From Page One) ;solidly behind the Bankhead com pulsory cotton reduction measure |despite opposition of Governor ' Kugene Talmadge to the bill. The lgr‘oup worked in harmony with the ‘governor on another matter, how ever, in efforts to obtain a con \gressional investigation of rail freight rates to determine if the Southeastern was being discrimi ‘nated against. They are expected Ito renew the effort when congress reconvenes in January. | Frequent caucuses of the dele gation were called to enlist sup ‘port for measures of importance to the state. These includ2d calls upon the government to resist any movement that would retard d=- velopment of a pulp and newsprint industry in the South, and visits to Harry L. Hoixins, relief di rector, and requests for additional aid for schools. ADVISORY COUNCIL FOR SOIL EROSION PROJECT APPROVED The advisory council for the Sandy Creek soil erosion praject has been aprpoved by Secretary of the Interior Ickes, it was announ ced by Loy E. Rast, director of the project, today. This council, which will assist in carrying the work forward, is composed of John R. Fain, R. H. Driftmier, and E. D. Alexander «f the College of Agriovlture; R. P. Bledsoe, of Experiment Station, Experiment, Ga.; and P’aul Bur gon, Monroe, member of the Board of Regents of the Unviersity sys tem. I'ish that died millions of years ago are an aid to the modern ge ologist searching for water far underground. - in increasing emnergy ' quickly when worn out = This “energizing effect”” in Camels, long recognized by Camel smokers, has recently been studied and confirmed by a famous research laboratory in New York. It is harm less, refreshing. You’ll like Camels—a matchless blend of costlier tobaccos. You can “get a lift with a Camel” as often as you wish. Camels never get on your nerves, no matter how many you smoke. TUESDAY, JUNE 19, 1934, T Indications Are . Of Split Between - German Offic; an Utticialg BERLIN.M(/P)—'lndivatium of 1 possible split between President Von Hindenburg, Germany'g “grand. old man,” ang (‘,hanmuli,,,. Adolf Hitler over Nazi Policieg were Seen Tuesday as an aftep. math of a startling blast againgt the government. j That criticism was made py Franz Von Papen, vice chancaljop understood to be close to Hill(!s-n.‘ burg. Observers were quick to eoupla the attack on Nazi “extremie with the resignation of Count Ry. dolf Nadolny as ambassadop to Russia. Count Nadolny ig a frieng of Von Hindenburg and one of thy first officials of the Nazi regime to resign. Growing dissatisfaction of con servative elements, including Hip. denburg and Von Papen, wit), the Nazi program, wag rumored, An ‘answer—regarded as officia) —to Von Papen’s speech was made at Potsdam by Hermann Goering, minister of aviation and Premier of Prussia. He said that “without doubt reason for dissatisfaction ig really: justified, but these are isolated cases.” S R WALTON COUNTY SINGING CONVENTION ON JULY 1 MONROE.—Walton County (o« operative Singing Convention will be held in New Hope church at Be. tween on July 1, instead of on the fifth Sunday, ag had been planned, Pagtor Arthur Kinsey announces, Some of the outstanding singers of the state have signified thejr intention of attending. JODIE WHIRE SIGNED - KNOXVILLE, Tenn. —(/)— The suspension of - Pete Susko, first baseman, who sprained his ankle Sunday, and the signing of Jodie Whire, former University of Geor gia football star, to play left fleld in the place of Goldie Holt wag announced today by the Knoxville Smokies. ‘Whire has been playing in the Florida State league. (113 Its Already Dissolved Gives quickest relief from pain, Banishes nervous strain. Brings peaceful relaxation, 10¢, 80¢, 60¢, pint sizes and at founts, All Ready so Relieve WOMEN'S PAIN] eAR 0 e b [N : a g 0 | ! Bee Brand '\ Wy 5% (e g, ] AR ffi
