PAGE TWO
"ALM MARKET IS
By v 74 s
~ JOLTED BY SALES
%b—&calm e .= . . ¥
Losses of 1 to 3 Points
~ Predominate in Stock
Market This Morning
BY VICTOR EUBANK
Associated Press Financial Writer
NEW YORK — (AP) — Selling
flurries Tuesday jolted the stock
- market out of its recent calm.
Losses of 1 to arouad 38 points
predominated and, aftes u rather
dull first hour, the trading pace
picked up momentum on the de
‘ ¢line. Brokers, unable to l.mmv;
the downilirn on any particular
piece of news, were inclined to at- :
tribute it to “tired holders’ who |
had decided to get out while the
getting was reasonably good, i
Just how much of an in!'lm'nwf
was provided by foreign exchange |
was a matter of areument. At .n)"
rate, the British pound rallied j
briskly and the London goid price
was reduced. U. 8. govermnent
bonds were again firm. but secon
dary rai] loans were in supply.
Grains and cotton were hesitant. l
Shares of Celanese dropped some
4 points, and U. S. Smelting, Case
and Delaware and Hudson yielded
_about 3 each. Among others down
3-to around 2, were U. S. Sftenl,
Industrial Rayon, Bethlehém steel
American Rolling Mill, Goodyear,
Chrysler, DuFont, American Can,
Waestinghouse, Loew’s, National
Distillers, Santa Fe, Union Pacific,
Consolidated Gas, United Corp. pre
ferred, American Smelting, Howe
Sound and Cerra De Pasco.
MORE PRONOUNCED ]
NEW YORK —(AP)— The dis-|
position to wait fop settled condi-l
tions in the foreign exchange mar- |
ket or incentive in other directions |
was even more pronounced 'l‘ue-s-l
day in the cotton market.
New York Table |
+. . Open-High Low Close P.C.
Mech. . 12.81 12.81 12,25 12.28 12.26
‘May . 12.37 12.39 12.35 12.38 12.39 |
July « 12.45 12.46 12.41 12.42 12.45 |
Oct. . 12.88 12.38 12.31 12.38 12.38
Dec. . 12.43'12.48 12.36 12.39 12.44
Jan, , 12.46 12,47 12.40 12.43 12.48
e e
CHICAGO GRAIN
} High Low Close
- WHEAT— ’
May se o 0 o 96% .95% .95%
DY 00, 00. o 0 WOl% 00% 00%
MEDE .. .4 .. 9056 .89% .89%
CORN—
MAY o 0 oo oo +83% 881%. .82% |
IR L. i e SO VIR TAINM
BOBE .. v o 0 TB%. TAN AN
OATS— :
IRY .. o 0 os 0% 4886 48% |
me e ae e A 2% A 42% A2Y
Sept “e co e .41 40% .40%
UNIVERSITY PLAY
% TO BE THIS WEEK
(Continued From Page One)
iR —
“toga, a pink silk cape horrowed
from the wardrobe of Mrs. Howell
Cobb , wife of the late General
Howell Caobb,
This play was presented at old
Dupree Hall on Broad street and
played to a packed house of 300,
small in comparison to the audi
ence of 900 which was in attend
ance at “Berkeley Spuare,” offered
by Thalian-Blackfriars last De-~
cember. “Igomar” was presented
in 1888, the year beforé the open~
ing of the old Colonial The:a,ter.i
long a favorite gathering place for
Athens theater-goéers, which has‘
now gone the way of all good thea
ters which have served théir pur-
Pose. |
. This early play was coached by
Miss Mary Lyndon, the Universi
ty of Georgia's first dean of wo
men and one of the first women
ever to receive an M. A. degree
from the University. She was also
the first director of the Thalians,
one of the parent organizations of
the Thalian-Blackfriars of today,
and of which these early plays
were the forerunners.
In 1890 the Thalians were form
ed, destined to carry on through
periods of prosperity and depress
ion for more than forty years un
til 1981, when that organization
combined with the Blackfriars,
formed in 1927, to create the Thal
ian-Blackfriars.
The Thalians put on their plays
dn the Colonial Theater, which
opened in 1889 and was located on
.
Don't Tritle With Coughs
" Don't let them get a strangle
hold. Fight them quickly. Creomul
sion combines 7 helps in one. Pow
erful but harmless. Pleasant to take.
No narcotics. Your own druggist is
authorized to refund your money
on the spot if your cough or cold is
not relieved by Creomulsion. (adv.)
on a Plan
to Suit YOU
$5 a month pas a $ 50 loan
$6 a month pays a $l2O loan
$lO 2 month pays a S2OO loan
Other payments equally low
plus interest
M_
UP TO S3OC
—————————————————
IMMEDIATE SERVICE
NO RED TAPE
Your personal money problem
will be handled individually.
You can repay on easy terms
to suit your own convenience.
F COMPANY
.. 215 COLLEGE AVENUE .
NEW YORK STOCKS
NEW YORK.— (#) —The fol
lowing is the 'close of stocks quo
tations on the New York Stock
wlexohange today:
adihine
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Washington street and, was across
the street from the present site of
the Georgian hotel. Morton Hodg
son, sr., 1908, remembers the pre
sentation of “David Garrick” dur
ing his college days. The play was
presented. before. a capacity, au
dience of 500, and was SO success
ful -that it was repeated by its
student cast in Gainesyille at Bre
nau College, in Madison. and in
Commerce.
In that cast. were. , belles and
beau, several of them from Athens,
who singe. have become, prominent
civic leaders and respected ma
trops, The Atheng, contingent was
represented. in “Dawid. Garrvick’ by
the following: Mijss, Lydia, Hutch
ing, now Myrs, Monton, Hedgson,
Miss Julia Brand, now Mrs, Boll
ing Sasnett.of Atlapta; and Miss
Lucy Fleming, now of New York
city; Hintén Blackshear, and Mor
ton Hodgson. )
_ Miss Carolyn Vance, a member
of the factulty at the: University
and. a_former director of the Thal
ians, recalls a play which was of
fered at the Colonial, by, the Thal
ians in 1921, called. “Nothing, But
the, Truth,” It was in that drama
that Austin Dean, naw edjtor of
the Gainesyille Eagle, distingyish
ed. hilqse!? 'by.sté;q%ilig_ motionless
in.a large grandfather’s clock on
the stage and turming the hands
of the clock around. so that they
would be ‘sure to arrive at the
right hour just at thé right mo
ment in, the action, of the play.
Athens ‘wirls in “Nothing But the
Truth” “ included Queenie Holden
and Malnita Bullock.
Miss [Vance recalled the “‘beau
tiful production of “The Dover
Road’ in 1928, of which Miss Vera
Alice Paul was director. Included in
the cast were Jack Flatau, John
Galla'way for the first time, after
warg to become well-known for his
‘work( in, Thalian-Blackfriar shows.
: In 1927 the Backfriars were or
gaaizeid, and the fwo clubs strug
igled along until, in 1931 the two
«ctubs| decided to caumnbine, under
ithe Hhamé of Thalian-Blackfriars.
Since ' that time the. Thalian-Bagk
friars| have produced ~ 10 shows.
“The, Late Christopher ,Bean”
this week being the 11th. The Uni
vers'ity players now. have their
vWn | theater on the Lécy Cobb
cam jpus, complete With dressing
roc ms, workshops, and all the la
tes b equipmens. of the .mo
.th',fie‘:’}f . v gy Py R
.
| ,BRAVING RAIN, TEAM
| WORKERS SHOWING
| TRUE SCOUT SPIRIT
i’ (Continued From Page One)
lvvork possible by their contribu-
I tions.
Mr. Stuckey discussed the plan
lof sustaining membershisp, after
{ which Chairman Trussell distrib
uted the prospect cards to the va
irious workers. Since the Boy
Scout organization was first set up
| here several years ago there has
‘been no such interest and enthus
fasm expressed concerning it as
| that shown this morning, it is de-
Iciared by those who have observ
{ed the progress of Scouting in
{ Athéens., It is felt that now, as
!never before, Athens is determined
| to organize a permanent and effi
| eiently conducted Scout campaign,
| and is ready to make the financial
;sum)ort required therefor avail
-1 able
‘ Workers Teams
| The list of workers who set out
%tmlay to see prospects for contri
butions follows:
( Christian church: G. F. Steph
’enson, chairman; T L. Xidew,
:}]om'y Hill, Grady Henson, B. A.
{ Juhan, G, A, Christian, L. L.
! Eppard. Scouters team: T. 8.
| Gray, chairman: H. A. Birchmore,
I(Jhapnell Matthews, FEugene A.
Epting, Charles S. Parrott, “Ted”
i Middlebrooks. Kiwanis club:
Grady. Henson, chairman; E. E.
Lamkin, Gordon Marckworth, M.
IN' Tutwiler.
League of Women Voters: Mrs.
lSidmey Reaves, chairman; Mrs.
iH. J. Stegeman, Mrs. Ralph Goss,
'Mrs. W. H. Benson, Mrs. Poole
| Zachary, Mrs. S. B. Adair, Mrs.
George A, Hutchinson, Mrs. H.
M. Swartz, Mrs. M. D. Dunlap,
Mrs. M. V. Huling, Mrs. W. BE.
Hines.
Lions club: L. C. Arnett, chair
man; W. A. Abercrombie, W. H.
Hill, W. T. Ray, 8. C. Moon,
Harry Loef, A. W. Noell, Captain
James Halliday, John-.Arrendale,
| W. L. Florence.
Oconee Street Methodist church:
E. L. Eberhart, chairman; E. L.
Ruark, €. 8. Denny, Roy Wilson,
.. E. Mitchum. First Baptist
church: E. L. Wier, chairman;
Joe Shepherd, Howard Benson,
Dave Paddock, Lynne Brannen, R.
C. Campbell, H. L. Cofer, G. T.
Beeland, H. P. Williams, Lee C.
Bradberry, S. E. Woods.
West End Baptist church: M.|
H. Conway, chairman; L. E. Car
ter and Arthur E. Whitaker. P.-
T. A.: Mrs. O. W, Horne, chair
man; Mrs., W. K. Hawkins, Mrs.
G. E. Storey, Mrs, IC. S. Denny,
Mrs. W. S. Beckwith, Mrs. J. H.
Mealer, Mrs. H. H. Callhaan, Mrs.
Frank Fowler, Mrs. S. I. Skinner,
Mrs. S. E. Patat, Mra. Pope
Holliday .
Rotary club: B. R. Bloodworth,
chairman; Thomas F. Green, 3P
Albert Sams, Howard Abney, Wal
ker Danner, Hampton Rowland,
Harry Patat, Colonel E. K. Smith.
Scouters team: Tom Tillman,
chairman; Dr. 'S. C. Moon, J. €.
Hutchinson, jr., H. B. Ritchie, C.
N. Mell. "
The list of contributors at mnoon
today stood as follows:
Mrs. J. L. Sexton, Mrs, wW. F.
Bradshaw, Mrs. Jas A. White, [
F. Stephenson, Thos. L. Elder, G,
A. Christian, “Harvey Hill, E. L.
Wier, Grady Henson, D. F. Pad
doc¢k, R. C. Campbell, Lee Brad
bherry, C. S. Denney, H. B.
Ritchie, B. R. Bloodworth, J. V.
Arrendale.
Thos. F. Green, jr., B A
Birchmore, L. C. Arnett, E. E.
Lamkin, Mamie V. McKie, Tate
Wright, Harvey Stovall, Upson
Harper. .
Abraham Shusterman, Climax
Hosiery Mill, Abit Nix, A. C. Er
win, Mrs. T. P. Vincent, Athens
Hardware company, Sam Nicker
son, Norman Nickerson, Judge
Blanton loftson, Milton Lesser,
Dr. Guy \Vholct)el, John White
Meorton, Trussell Motor Co., Dr.
H: M. Fullilove, F. W. Woolworth
Cop, Henry Rhoeing, Deadwyler-
Beacham , L. O. . Price, E. D.
Sledge, Armstrong & Dobbs, J. B.
Joel, S. H. Kress & Co., Jas. A.
'White, Jr., E. R. Hodgson, J. C.
Penney Company, G. W. Munden.
Georgia Power Company, Michael
Bros., 'Max Michael, Dr. R. M.
Goess, Miss Anne Foster, Southern
Grocery Company, Dr. 8. V. San
ford, L. F. Brwards, J. W. Jar-
Irell. Je., A. B. Grittith, Jake
‘Bernstein.
DOUBLE DEFEAT
WASHINGTON.—(#)—A double
defeat was sufferéed Monday by
William Fex. in supreme court in
validation of talking picture pat
ents upon which he sought to col
lect more than $100,000,000.
' It declared invalid. patents for
making and «developing separate
picture and sound- films and then
printing them on a single film, as
well as patents on a projecting
machine for exhibiting the films.
EXPEDITIONER. DIES
DUNEDIN, N. Z. — (#) — Ivor
Tingloff, 40, Boston, the carpenter
of the secong Byrd antarctic ex
pedition, died. Monday in a hos
pital. His death was the first fat
ality in either of the antarctic ex.
gznditions of Admiral Richard E.
vrd..
Ae b e i il kbl R o
ship of Director Edward Crouse,
modern-day dramatics at the Uai
versity. take place.
THE REGULAR PRICE AND THE NEW
OF CALUMET BAKING _ T CAN IS SO EASY
POWDER.!S NOW IR L I ' [[» Al To oPen /
onty 25% pouno] sl | U B T
> R R X
‘,’4 S - \\3\‘\__ S . >
b " R RSy 4 R
LR S Tl R 7%
W % 8% w
g‘f‘;‘-g-.:‘- 2,‘ S ’ "s":’
'Morri
orris Is Confident
] ™ .
Georgia-Florida Loop
{ .
- Could Be Organized
i h
{ e n s
; MONTGOMERY, Ala. —(AP) —
. Walter Morris, representative
’..r the National Association of pro
|l’vs,~xiuz]:',l baseball leagues, said
i here Monday that he was confident
i;. Georgia-Florida class D base
[ ball league could be organized at
| Talahassee, Fla., next Sunday.
i Morris said that he had receiv
lod definite assurance that Albany,
"I‘hnm:m\‘ille. Americus and Moul
trie, Ga., and Panama City, Fla.,
would play in the league, and that
he expected a final answer Thurs
day from Tallahassee, the prospec
tive sixth team.
? “The teams will post their for
feit money Sunday at Tallahassee”
I.\lurris said, “and 1T am sure that
the league will be organized. Jim
‘fm)‘ Hamilton, business manager of
Nashville, will meet me in Tal
lahassee Thursday to discuss the
l'l‘ullnh;lsm-(- entry. The Nashville
' club will train there.”
.~ Morris said that no name had
been selected for the loop, nor had
rules and regulations covering
i;;lu.vor,\- been decided upon, pending
Sunday’'s meeting. He said the
{mams. however, must carry a min
imum of six non-class players to
iqualify as class D teams.
GROSS RECEIPTS TAX
ADVANCED BY SENATE
(Continued From Page Oneg)
perty of the ad valorem tax,” Sen
ator Simmons said after an execu
tive session of the committee,” and
raice the funds thus lost to the
state, perhaps by the gross re
ceipts tax. 'The tax would apply
to all salaries anq incomes”' *~
H. W. Caldwell, ice plant opera
tor of Atlanta, Jack Faircloth, chain
store operator of Quitman Seott
Allen, head of Rogers Stores, At
lanta, Lou Duckworth, represent
ting King Hardware company, At
lanta, E. O. Petry, secretary of
the Georgia Federation of TLabor,
who said he represented the con
sumer and Mrs. Max Land, presi
dent of the Atlanta Federation of
Women’s clubs, also representing
the consumer, appeared in opposi
tion to the chain store tax bill.
Those for it included a Thomas
ville, Ga., delegation made up
of Frank Speight, wholesaler, Lee
Neel, merchant; Joe Robison, mer
chant andi S, W. Davis, chairman
of the county democratic executive
icommittee.
The ecommittee hearing was
overshadowed, however, by presen
tation of the gross receipts sub
stitute in executive session. The
bill after defining the term “gross
receipts” imposes the tax as fo!-l
lows: ‘
One-half of one percent on|
“every person engaging . . , in
the business of selling any tangi
ble property whatsoever, real or
personal, at wholesale. |
Three percent on retail, “real ax
personal” property, gasoline ex
empted.
Five percent on public utilities.
Five percent on places of amuse
ment such as theaters, dance halls
and baseball parks. !
Three percent on all receipts for
occupations not otherwise listed.
All collectipns would be based on
gross receipts basis.
" Exemptions include the follow
ing:
Banks and trust companies,
Mutual fire insurance companies
not having capital stock repre
sented by shares.
Agricultural products, including
livestock and products of grove or
orchard and forest produects when
sold directly by the producer or
his authorized agent:
Cemetery companies, wheén or
ganized exclusively for benefit of
members.
Mutual building and loan asso
clations operated exclusively for
religious, charitable, scientific or
educational purposes.
Business leagues, chambers of
commerce, boards of trade, civil
league operated for benefit of the
community and for promotion of
social welfare.
Taxes . would be paid by quar
terly installment under the act,
and failure to file returns would
be punishable as of a misdemea
nor, 2
The definition of “gross re
ceipts” is as follows:
“Gross receipts shall mean the
value proceeding or accruing from
the sale of any tangible property,
real or personal or from the per
formance of any service, or bhoth,
and all receipts, actual or accrued,
from the investment of capital of
the business engaged in, including
interest, discount, rentals, royal
ties, fees, or other emoluments
however designated, withont de
duction on account of the cost of
property sold, materials, used, la
bor employed, intérest or discount
paid or any other expense whatso
ever and without deduction on ac
count of losses.” |
SIGNS NARCOTIIC BILL
ATLANTA, Ga—(®)—Governor
Talmadge Monday signed a bill
which would regulate the sale of
narcotics in Georgia. The bill had
the approval of numerous doctors
in the state and of the federal
narcotic enforecement bureau.
THE BANNER-HERALD, ATHENS, GEORGIA
C. & S. Installs Photo
- graphic System to Pre
vent Fraud on Customers
The Citizens and Southern Nat-|
ional bank of Athens offers to itsi
customers a new protection against
fraud and a new system of Del’-l
manent records through the means
of photography. Every ohe(:k]
charged to customers of the bankl
will be photographed and every
statement will become a perma-‘
nent record through the same|
means., ‘
This is made possible by the in-}
stallation of what is known as the
Recordak which works automati
cally and takes pictures of checks
at the rate of 100 a minute as they
are fed into the machine. The
record is made on a 16 milimeter
film.
“The Recordak system has beéen
installed,” R. V. Watterson, vice
president of the bank announced,
“in accord with the Citizen and
Southern poliey of obtaining the
latest and most successful meth
ods of banking operations to ren
der the best service to our cus
tomers.”
Ag a protection against fraud
the new sgystem protects against
the canceled check racketuee and
the forger. In each case if the
original check is lost, the record
will show it up. :
When the film has been develop
ed it will be placed in a metal
container as a permanent record.
In taking records of the state
ments at” the end of each month,
two photographic records will he
made. One will be retained at the
bank while the other is being de
veloped. When bhoth are developed
one will be kept in the record
room of the bank and. the other
will be used in the bookkeeping
department for consultation. The
duplicate sets guarantees safety
against' less or mutilation, it is
claimed. :
This system has been installed
“in aceord with the Citizens and
bank in (eorgia, Mr. Watterson
said ‘this morning.
LANIER IN VERBAL |
. \
ATTACK ON SENATE
(Continued From Page One)
Weathers of Jenkins making it a
misdemeanor. if county officials fail
within 30 days to carry out rec
ommendations by grand juries. This
applies-to members of county com
missions and to deputizeq officers.
Grand juries generally make reec
ommendations to county authorities
after investigations into the civil
affairs of counties, They are not
binding at present on anyone.
Almand of Fulton offered a bill
allowing gun elubs in his county
to holg eclay - pigeon shooting on
Sunday. He also proposed to est
ablish a pension fund for firemen
in Atlanta,
'The house accepted an appropri
atigns bill to furnish copies of the
1933 code to the Jjustices of the
peace in Georgia. Because it pro
vides an appropriation the house
had to vote to admit it.
Senator Black Says
Statistics Clinc{ued
30-Hour Week Plan
WASHINGTON — (#) — Senator
Black, Democrat, Alabama, said
Monday that government statistics
had clinched the argument in favor
of his plan for a compulsory 30-
hour work week,
He pointed to estimates that more
than 10,000,000 people are still un
employed although industrial acti
vity has increased to 90 per cent of
the 1923-26 production. The flg
ures were made public recently by
NRA officials and the federal re
serve board respectively.
Black voiced his opinion just af
ter the American Liberty league
had thrown itself into the battle
against the Black ang Connery 30-
hour week bills with a declaration
that they are unconstitutional.
Black said:
“The fact that we ‘had 90. per
cent of 1923-25 ‘production last
month with more than 10,000,000
still unemployed is conclusive proof
that if we haq 100 per/cent produc
tion on present working hours we
would still be compelled to support
millions of people through public
taxes.™ i &
The Liberty league said last night
'fhat the 30-hour week proposal “does
violence to constitutional princl
ples, is based upon fallacious econ
omic theories, and would impose
‘upon the federal government an
impossible enforcement task.”
Private Detectives |
Called Into Service |
By Statler Intcrestsi
PINEHURST, N. C,—(®)—Legal!
representatives of the Statler in-!
terests announced Monday a de- |
tective of a private agency had
been calied. in to investigate the
strange death of Mrs. Elva Statler
Davidson, talented young heiress
and bride of two months, i
William L, Marcy, jr., Butfa.lo.!
N. Y. counsel for Mrs. Cat»herine[
Statler of Tucson, Arizona, said
that L. P. Whitefield, detective ot |
Atlanta, Ga., began work on the,
case early today. {
Marcy said that first knowledge
the Statler family had of thei
death of the young heiress was an;
Associated Press dispatch tellingl
of her unconscious form being
found slumped over the floor of!
her 12-cylinder. car in the family
garage. f ;
REDUCE MEMBERSHIP |
ATLANTA, Ga—(®—A bill re-’
ducing from 8 to 5 the member-g
ship of the commission of roads!
and revenues in Thomas (Thom
P ALACE o I d ‘
Times 0 ay
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Sl e > e e R e o
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iy T[ I_l_ THE STG BY' s s e
I%M It’s even’greater thanh’Here [EENEEEH e .
kS & { 3 L B
il Comesjthe Navy, .v.{thei e ‘ C
B only otherfpicturelinjthree [Ri : o -
years® that'madefour patrons |- Ao s
stand on their_legs and shout! S -
e, : e e .
COLOR CLASSIC AND NEWS JAM[S CAGN[Y
R o RAT O Oe N Y TR . PO SRR LRI SRS +
PALACE. |/ PAT O'BRIEN
i "= 1 WARGARET LIND
IMDORRPW FRANK McHUGH
B o
WHO WAS “THE SCARLET PIMPERNEL"?
\ «
[V]rere Ji:l Iw come from? W/mt was !Iu strange power of t]xis man w]:u
.wmtc]m[ thousands from under the gui”o!ine, who eluded the police ofa nation,
but couldn’t ¢lude one woman, the woman who loved him most.
R PR
& @ T .
48 B N
E S AT N
ioi '3 o {':%fi 3 9% [
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SELECTED NOVELTIES /MPE ,Q
-7 NEWS EVENTS £/
STRAND
LAST TIMES
MR.& MRS
MARTIN
JOHNSON'S
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o
v&"‘ it
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"Ja "{,‘.C:\’f ' "*‘*" f
AL
“The Lost Jungle”
| asville) county was introduced in
,the house of representatives Mon
i day.
i Offered by Representatives
Thomas Tipton and H. R. Bannis
‘ter of Thomas, the measure reor
ganizes the county militia districts,
STRAND Wednesday
BARGAIN DAY {5 ALL SEATS
SPECIAL! | ALL DAY!
THE SCREAM VERSION OF A BROADWAY
_ STAGE SUCCESS!
N RO, “ ol EETFT AR
FRANK MORGAN. — GENEVIEVE TOBIN
NEIL HAMILTON — MARION NIXON
N. B.—lt’s the Funniest Thing in Years.
ALSO SELECTED PROGRAM
TUESDAY, MARCH 5, 1935,
A
‘+ cutting them from six to four, Th;
commissioners would be .;]._:Qm;
| countrywide, the same as hg1‘,,1.;.j
They are to receive $5 ¢qp each
day the coimission meets.
