Newspaper Page Text
SUNDAY, APRIL 26, 1931,/
RASK‘U’B’hN‘jF’L’EA’S’URT
JOURNEY m EUROPE
TAKES TIME TO DENY INTEN¬
TIONS OF MAKING PROHIBITION
ISSUE IN 1932 ELECTIONS
New Y’ork, April 25. (£>)—“Con¬
servatively bullish” on the business
situation and convinced that prohibi¬
tion, the tariff and farm relief will he
the principal issues in the 1932 cam¬
paign, John J. Raskob, chairman of
the Democratic national committee, is
hound for Europe on a pleasure trip.
He sailed on the Italian liner Augus¬
tus with his daughter, Betty.
Mr. Raskob, in a formal statement,
took occasion to deny that he intends
to make prohibition the single issue.
“A great many of our Democratic
friends,” he said, “seem to believe
that the chairman of the national
committee is trying to make prohibi¬
tion an issue. Nothing is further
from the truth. The fact is that our
survey shows that prohibition is
bound to be an important issue and
the reason for discussion and con¬
sideration at this time is that it be¬
comes ample extremely important to have
time and opportunity for full,
fair, frank and open discussion if our
party hopes to reach a conclusion that
can be reduced to a platform plank.”
Discussing the business situation,
he said:
“I believe we are practically
through all the liquidation necessary
to establish business on a real rock
foundation. I am sure the hope of
all engaged in big industries is that
wage, reductions will prove unneces¬
sary,”
MARKETS
By CLAUDE A. JAGGER
Associated Press Financial Editor.
New York, April 25. (/P)—Persistent
liquidation poured through the stock
market in today’s week-end session,
wearing the general level of share
ket’s prices down closer to the bear mar¬
low established in December.
Selling was orderly, and in only
moderately large volume, in view of
the fact that the market had to di¬
gest the news of the suspension of one
of the largest commission houses late
in yesterday’s session. Losses in
pivotal industrials and utilities were
largely restricted to a point or two,
although substantially wider declines
appeared in spots. Transactions for
the two-hour session were around a
million and a half shares.
Short covering, or possibly support¬
ing orders, gave several of the promi¬
nent issues slight upturns in the early
dealings, but these were soon lost.
Selling gained volume as the session
wore on.
American Banknote, Johns Manville
and Goodyear dropped 4 to 5 to new
lows while issues off 2 to 3 included
Allied Chemical, Consolidated Gas,
Dupont, Electric Autolite, Case, Re¬
public Steel, Westinghouse Electric,
New York Central, and Southern Rail¬
way.
Oils were sold rather heavily, pos¬
sibly reflecting publication of the
earnings statement of Standard of N.
Y. Standard of N. J. sagged a point
to a new minimum, and Texas Corp.
lost as much. Wall street estimates
of Texas Corp’s, first quarter earn¬
ings are unfavorable.
NAVAL STORES
Savannah, April 25. (/P)—Turpen¬
tine firm 48 to 50; sales 184; receipts
464; shipments 398; stock 9,418.
Rosin firm; sales 723; receipts 1,-
408; shipments 286; stock 137,040.
Quote: B 3.15 to 3.35; D 3.75 to 4.10;
F 4.20 to 4.65; G 4.45 to 4.80; II 4.60
to 4.90; I 4.65 to 4.90; K 4.80 to 5.00;
M 5.00 to 5.35; N 5.55; WG 6.85; WW
7.50; X 7.60.
COTTON SEED OIL
New York. April 25. (TP)—Cotton
seed oil closed steady; prime summer
yellow 7.30; prime crude 6.50-6.75.
May 7.57; July 7.70; Sept. 7.83; Oct.
7.70. Sales 4 contracts.
COTTON TABLES
NEW YORK COTTON
New York—Cotton futures closed
today:
Prev,
Close Close Close Close
May . 10.18 10.08 10.08 10.14
July 10.44 10.35 10.35 10.42
Oct. . 10.82 10.70 10.70 10.79
Dec. . 11.03 10.93 10.93 11.00
Jan. ... 11.15 11.04 11.05 11.12
Mar. . 11.34 11.27 11.33
MARKETS AT A GLANCE
* NEW YORK
Stocks, weak.
Bonds, steady.
Curb, heavy.
Foreign exchanges, easy.
Cotton, lower.
Sugar, steady.
Coffee, firm.
CHICAGO
Wheat, easy.
Corn, easy.
Cattle, steady.
Hogs, steady.
A WAY TO STOP
ATTACKS OF FITS
Reports are received of an amaz¬
ing treatment that epileptics state
has proved successful in stopping
their attacks. R. Lepso, Apt. 63,
123 E. Wright, Wilwaukee, Wise., has
been supplying sufferers with this
treatment. He now wishes to reach
all those who have not been helped
and to do so is making the startling
offer of a generous treatment free
to all sufferers. Anyone afflicted
should write for this free treatment
at once, giving age. (adv)
YOUTH HELD AS WIFE KIDNAPER
ociatcil Press Photo
On a complaoit signed !:y Helen richer Drill (inset), co-ed heiress
of St. Raul, her has vY. I i.t: H-- C ' i of a St. Paul attor¬
ney, find two cor.iprYonr hi Madison, Wis., ac
cosed of kidnaping her own (right) with
Elmer Petersen, cnc oi . c;urt.
MAURETANIA ENTERS
EXCURSION BUSINESS
COASTWISE SHIPPING COM PAN
IES CONTEND CRUISES ARE IN¬
VADING THEIR TERRITORY
New York, April —;- 25. (/P) An old
—
controversy between American and
'Foreign shipping interests has been
revived by the sailing of the Cunarder
Mauretania with 815 passengers for
a week-end cruise to the Bahamas.
Coastwise shipping companies are
disturbed about what they call an
vasion of their territory. They
plain foreign ships are injuring their
business, as well as the business of
holiday resorts in the New York area.
The foreign shippers retort that
they are opening up a popular form of
travel appreciated by passengers
have long wanted to take a brief trij
to sea on a large liner. In this cor.
nectioh, the fact that prohibition does
not apply to certain nearby islands is
mentioned.
Until a few years ago the foreign
lines stayed closely to the lrans-Al;
lantic trade except for a few winter
cruises. By experimenting they found
there was profit in short cruises in
Caribbean ports. The United States
shipping boprd met this competition
by „ denouncing „ the .... Cunard _______________, Line, which _______
was contesting with the Ward Lino
for Havana business, and by transfer¬
ring a governmenot ship to ’he Ward
fleet.
The competition is expected to be
stronger than ever this summer. The
Mauretania’s cruise is the first of 28
to be made by foreign vessels this
season.
NOTED LENOX HOTEL
DESTROYED BY FIRE
__
Lenox, Mass., April 25. UP)- The
Hotel nolahies'visiHng/the'Berkshire! Aspinwall, which has sheltered
many morning.’
was destroyed by fire this
Painters and cleaners had been work
ing for several weeks getting it ready
for the opening in June.
Help was summoned from Pittsfield,
Stoekbridge, Great Barrington and
Lee, but Ihe seasoned wooden struc¬
ture burned rapidly. The isolation of
the hotel from surrounding buildings
kept the flames from spreading, Fire¬
men saved two cottages, the only ad
jacent structures. The Value pf the
property was put at close to $,,000,
000 by firemen.
EARLY CLOSING TO
START ON MAY 15TH
While Brunswick merchants as an
organization have not as yet acted on
tho early closing schedule for the
summer months, it was stated yester¬
day that it had been agreed among
most of the merchants to close each
Thursday afternoon and inauguration
of the half holidays has been tenta¬
tively set for May 15.
Each year members of the Retail
Merchants Association agree to close
at 1 o’clock on Thursday afternoons
from May 15 to September 1, in order
that their clerks and other employees
may enjoy a half holiday. In recent
years other places such as real estate,
insurance and other offices have also
closed once each week.
Definite action will he taken at a
meeting of the local association to
be held early in May.
MINSTREL A SUCCESS
Hambone’s Minstrels, the produc¬
tion given on Friday evening by Prep
High school at the Memorial Audi¬
torium for benefit of the milk fund
of the school, pleased a large audience
and was a success in every feature.
Variety was contained in the Beside interest¬
ing program presented and the
always popular black face circle with
its jokes and musical numbers, the
evening’s entertainment consisted of
delightful skits, songs and dunces.
ONLY FOUR DAYS
LEFT TO MAKE TAX
RETURNS IN STATE
“Brunswick and Glynn county pro
owners probably do not realize
! I that they have only four more days in
which to make their state and county
j tax said returns R. M. Scarlett, without additional receiver, cost,”
tax yes¬
terday, when questioned by a News
j reporter as to the number who had
visited his office and made their re¬
[turns. j
j Although ample notice has been giv
j en property owners they have been
slow to visit the office of the tax re
! ceiver, and as a result just a little
j more than half have made their re¬
turns, and the time limit expires on
Thursday. The law provides that
[those who do not make returns are
I subject to double taxation.
[JEALOUS FARMER
: q, » V q |UCirunf\P
'bAI j INt,lV-ilitSvJrv
Canton, O., April 25. (/P)—Stanley
Cassidy, 32, university graduate who
was jealous of a neighbor’s success
as a farmer, was in jail here today
j awaiting grand jury action Monday
on the charge that he killed his neigh
j bor, Chauncey education. Bates, 45, a man of
I eager
Cassidy graduated from Ohirf State
1 University in 1926. He then went to
'mother’s his home near Minerva to operate his
farm, along scientific lines.
( He had little Bates farm
success.
across the road produced bumper
crops and was a success.
Cassidy brooded over his failure
and Bates’ success. He drove to the
Bates home, summoned the farmer
and shot him three times. He return¬
ed to his own hime and awaited the
arrival of ihe police.
NOYES SAILS
New York, April 25. (A'') —Frank
B. Noyes, president of The Associat-
1 Publisher of The Wash
Fra,w ! n « ton M on the th Noyes « Jle "" foi * de
"' iU j «
( months’ motoring in England and
France. ! hey were accompanied by
L.' 1 ’ an< ' Wilinot-Lewis, and
Mrs. Frances Noyes Hart. Lady Wil
mot-Lewis and Mrs. Hart are their
‘laughters.
SMALL BLAZE YESTERDAY
A small blaze at 2212 Bartow
street gave the fire department a run
at 3:20 o’clock yesterday afternoon,
The blaze was in a house occupied by
j 0 } ln Holmes. A spark on the roof re
suited in small damage.
RETIRED MAN S' H IDES
St. Cloud, Fla., April 25. (A J )—G. A.
retired business man, was
found shot to death here last night
with two shotgun charges in his body.
Police said he committeed suicide be¬
cause of financial worry.
Spanish Ambassador
The first ambassador to Washing
tin of the second Spanish republic
will he Salvador de Madariaga, writ¬
er and school and former League of
Nations official.
THE BRUNSWICK NEWS
CALLAWAV ELECTED
COTTON GROUP HEAD
LAGRANGE. GA., MAN IS NEW
PRESIDENT OF AMERICAN
COTTON MANUFACTURERS
• Augusta, Ga„ April 25, (Ah— Cason
J. Callaway of La Grange, Ga„ was
elected second vice president. The as
ton Manufacturers Association at its
closing convention session here today,
lie succeeds B. E. Geer of Greenville,
S. C.
B. B. Gossett of Charlotte, N. C„
lorinerly second vice president, was
elevated to the first vice presidency
which Callaway had held. Donald
Comer of Birmingham, Ala., was
sociation re-elected W. M. McLaurine
of Charlotte, N. C., secretary and
elected president of the American Cot
treasurer.
Harry Williams of Columbus, Ga.,
and Allan Little of Gadsden, Ala., were
elected as new members of the hoard
of directors.
William 1). Anderson of Macon, Ga.;
A. M. Fairley of Laurinburg, N. (’.;
Robert Lassiter of Charlotte, N. <’.,
and George M. Wright of Great Falls,
S. C., whose terms as directors expir¬
ed, were elected to succeed themselves.
Committee reports and the report
of the secretary and treasurer were
the only other business of the conclud¬
ing session. Chairman of committees
whose reports were filed were S. M.
Beattie of Greenville, S. cotton;
Captain Ellison A. Smyth, Flat Rock,
N. C„ traffic; T. H. Webb, Concord,
N. C., arkwrights; Stuart W. Cramer,
Cramerton, N. C.. national legislation,
and Robert Lassiter, Charlotte, gen¬
eral arbitration board. George S.
Harris of Atlanta, chairman, made the
report of the nominating committee.
DEAN SANFORD IMPROVES
Athens, Ga., April 25. (A’)—Dean S.
V. Sanford of the University of Geor¬
gia was reported much improved to¬
day at a hospital here. Physicians
said liis condition yesterday was not
so favorable, but he spent a comfort¬
able night. The dean underwent an
operation Sunday.
is the original Ethyl Gasoline, anti has many imitators. Just
because a gasoline is red, doesn’t make it the equal of Crown
Ethyl Gasoline. To insure getting the genuine, look for the
name CROWN ETHYL GASOLINE on the pump.
STANDARD 1
stands up under heat, giving your motor the protection it
demands. Perfected by fifty years of refining experience.
Ask your dealer for “Standard” Motor Oil— you’ll get good
results.
is absolutely uniform, insuring the better operation of your
motor. It is always the same, and always dependable,
wherever you find it. Buy Crown Standard Gasoline for con¬
sistent, year-round satisfaction.
F . [.......
have exceptional non-skid qualities, due to deep center trac¬
tion, slow-wearing tread, scientifically designed to maintain
contact with the road at any angle. Materials used in ATLAS
TIRES arc the best known to the industry. Due to great
volume of production and extensive distribution facilities,
they are not only sold at extremely low prices, but are always
fresh stock.
Standard Oil Company
INCORPORATED IN KENTUCKY
RESUME ACTIVITIES
RENEWED B\TTI FS " IN VICINITY ‘
OF SO NPEDRO SI LA \KE RE¬
PORTED TO GOVERNMENT
Tegucigalpa, Honduras, April 25.
( A” W ord of renewed battle with
rood troops i.i vicinity of San Pedro
Stilii, was , Ajicci (I o make contact
with them at any time.
The newsp iper TCI Pueblo today
said the undefended towns "bf Pimien
tu and Villa Ncuva in the neighbor
hood of San l’cdro Sola had fallen
and hemi sacked by 100 rebel troops
under General Roman Diaz.
A government decree published
day placed all national funds al
disposal of an executive committee
for the purpose of waging war against
the rebel forces.
WHY?
ARE YOU SO WELL PROTECTED IN THE NEW
£ A A M A M
SIXES EIGHTS
SAFETY PLATE GLASS THROUGHOUT—STURDY, GRAHAM-BUILT BODIES—LARGER,
HYDRAULIC 4-WHEEL BRAKES— AND 50 OTHER REASONS-LET US SHOW YOU
Prices, at the factory, $845 up for Ihe Sixes; $1155 up for the Eights
South Georgia Motors, Inc.
Newcastle St.
URGES OBSERVANCE
OF “BETTER HOME”
WEEK IN COUNTRY
Washington, Anril 25. (A’)—-The ob¬
servance of “Better Homes Week” ■_____
urged upon the people of the country
to< lay by President Hoover as
i ,jc their warmest support.
The week ends May 2.
The president’s statement said:
"I cordially commend to all the
pie the observance of Better Homes
Week beginning April 26. The bet
ter homes movement has for several
years played a highly important
in encouraging a more beautiful
architecture, improved decoration of
bouse interiors, more practical
en arrangement, better planning of
gardens and in every way enhance
men! of the comfort and
ness ol home life.
“Everything that can be done to
encourage home ownership and to
make home life pleasanter is a dis
Uinc‘ contribution not only to
but to the highest spiritual
no: “Jim
| ALL FIRE ALARMS
IN PRIVATE HOMES
BANNED BY CERMAK
Chicago, April 25. (IP )—The mil¬
lionaire fire fans can’t have any more
fum
Mayor Anton Cermak ordered all
fire alarms disconnected from private
[installed homes today. Many of them had been
in the residences of wealthy
1 ~ fans t who would hop out of bed
[ to < He fleet red automobiles and
| 1 '°. ,,n Goodrich, y th< ‘ L 'all millionaire of the sirens. lire commis- Albert
s ,or,(,, ‘ in the Thompson cabinet and
i° t Lake Transit magnate,
rrn er was
| one °) those long before he became
coa,miSKI ‘ ,ne, ‘ i
1 Now ” l( l Luis will have to sit up
j aT1< * hsten for the sirens and bells,
j values > of life,
“The better homes movement has
1 done distinguished service in this field
and deserves the warmest suport of
1 all our people.”