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About Savannah daily times. (Savannah, Ga.) 1936-???? | View Entire Issue (June 24, 1936)
COMMUNISTS MEET TO SELECT SLATE NEW YORK, June 24 (TP).—The Communist party opens its ninth national convention this morning to nominate its own candidates for president and vice president of the United States. The party chairman and three-times presdential nominee, William Z. Poster, will open the con vention. General Secretary Earl Browder sounds the keynote this aft ernoon. The Communist convention will run through Saturday inside the Manhattan Opera house. Sunday night, the party will move into Madi son Square Garden to nominate its ticket for the 1936 campaign. CHAOS REIGNS AS TWO DIE IN FATAL PLUNGE TACOMA, Wash., June 24 (TP).— The Ferry boat was due and the au tomobiles crowded the lane to the dock. Three women were in the first car, waiting for the ferry to take them across the sound to Tacoma. The traffic moved slowly ahead —and then t happened. The first car went out of control. It tore through the heavy chain bar rier and raced for the edge of the dock. The women screamed as it plunged down into the bay. Two of the women were drowned. They were Mrs. June Sullvan of Bacoma and Mrs. George Bancherel of Santa Cruz, Cal. The other, Estella Shanley, fought her way out of the car. Her pet dog bobbed to the surface beside her. She was pulled out and volun teers plunged in to recover the bodies. PLAYGROUND CHILDREN HAVE TO SALUTE FLAG PORTLAND, Me., June 24 (TP)— The supervisor of Portland’s recrea tion department ordered children to salute the flag today—if they want to play on the playgrounds. The state has no teachers' oat hor salute to the flag law, but Supervisor Lee laid down his own regulations. He said positively that children in the parks must salute the flag when* it is raised and lowered. Lee caught five youngsters walking off the grounds while the flag was coming down. They apologized, but Lee said apologies won’t be accepted in the fu ture. 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No where will you 4ppf^ff fj ’-j WKfc -*fa" - 'ft HB find so many improvements —so much radio value as in If * P II AVB IlfV FURNITURE iIAY bltl I COMPANY ii . ; i i ’ ' -•'* ■ ■ ’ —a —! ~ —BROUGHTON AND JEFFERSON STREETS T'"' 5= SCOTT'S SCRAPBOOK by R. J. SCOTT , 5 stripes'AND 15T Spanish S'Tamp | SHoWINCj REBELS W WAS CriANtJED oF ,1931 , WHO- back. -To 13 s-TriPES and OVERTHREW \( 6Tars were, added for new states ALFONSO IXI3X \\ COPYRIGHT 1936, CENTRAL PRESS ASSOCIATION 6*26 CUTTEN DIES OF HEART ATTACK DEATH CLOSES CAREER OF SPECTACULAR FIGURE CHICAGO, June 24 (TP)—The wealthy Chicago grain trader, Arthur Cutten, died today after a heart at tack. The 66-year-old trader experienced a spectacular career which at one time brought him the title of the “Grain King of the World.” Cutten started out in 1890 as a $7 a week clerk. He amassed a fortune estimat ed at $160,000,000. Cutten caused a sensation in 1924 when he almost cornered the Amer ican corn market. The general be lief at the time was that the price would drop. Cutten bought on every opportunity, selling out only when corn had jumped from 70 cents to $2.05 a bushel. In 1935, the Grain Futures Com mission barred Cutten from trading on the nation’s grain exchanges on charges of alleged short trading. Cut ten appealed the case to the U .S. Supreme Court and won a reversal of the ban. Shortly afterward, he re , tired from all activity in the nation's exchanges because of his poor health. LINE BLOWS UP, FIFTEEN INJURED _ EXCESSIVE AIR PRESSURE CAUSES EXPLOSION AT PLANT BUFFALO, N. Y., June 24 One employe of the Trico Products Corporation was killed today and 15 others injured when a compressed air line exploded. Otto Muelle., who was operating a die casting machine, was the worker killed. He was caught in the path of the pipe which gave way under 500-pound pressure. All of the other employes who were injured are expected to reoovw. Windows on the fifth floor of the plant were shattered by the explosion. Authorities ordered an investiga tion to determine the cause of the accident. HEAD-ON TRAIN CRASH INJURIES 35 PERSONS ST. LOUIS, Mo., June 24 (TP) The head-on crash of two railroad trains caused minor injuries to 35 people today. Twenty-three of the victims were negroes enroute to a Baptists’ conven i tion at Kansas City. Their special train rammed into a cattle train. SAVANNAH DAILY TIMES, WEDNESDAY, JUNE 24, 1933 ] ROOSEVELT SEEN AS BIG FAVORITE MAGAZINE SEES 60 PER CENT. OF VOTERS ARE STILL FOR HIM NEW YORK, June 24 (TP)—For tune Magazine raised its business-like voice this morning to declare that President Roosevelt still carries the favor of nearly 60 per cent of the voters. Fortune based its statement on its popular quarterly survey reveals a shrp drop in Roosevelt supporters since the April survey.. Said “A total of 29.8 per cent of those who replied to the ques tionnaire think Mr. Roosevelt’s re election is imperative. 29 per cent be lieve that while the president has made mistakes, no one else could do as well. 16 per cent think Mr. Roosevelt’s usefulness is over. Nearly 20 per cent say that another Roose velt administration would be about the worst thing that could happen to the country. Mr. Roosevelt is los ing ground among voters under 40 years of age. New England seems most concerned about New Deal spending.’’ Summing up, Fortune hinted that a skillful Republican cam paign might precipitate a trend that l would embarrass Democrats on elec ition day. EMANUEL COUNTY BACKS ROOSEVELT DR;VE TO RAISE QUOTA OF CAMPAIGN FUND IS UNDER WAY (Special To The Daily Times) SWAINSBORO, Ga., June 24. Emanuel County Democrats have been organized and are actively be hind the campaign to raise its quota of SI,OOO for the Democratic cam paign fund, by the sale of ‘nomina tor’ tickets. The plan outlined by National Chairman James L. Farley is being carried out. A. S. Bradley, county chairman, and one of the Democratic electors for the state-at-large, has appointed community chairmen, who in turn have appointed a committee to sell the tickets in their respective com munities. Reports here indicate that the community committees are meeting with success and that Eman uel county will sell more than SI,OOO worth of tickets on or before 9 p.m. Saturday, June 27, the hour Presi dent Roosevelt is scheduled to make his speech accepting renomination on the Democratic ticket. Community chairmen are: Mrs. C. Ennis Powell, Swainsboro; A. L. Brown, Canoochee; H. H. Stewart, Garfield; A. J. Kingery, Summit; J. E. Henry, Summertown; Alex Hughes, Stillmore: Dr. L. G. Moye and Rufus Yeoumans, Adrian; Victor Jenkins, Blundale; C. R. Horton, Covena; H. V.' Durden, Norristown, and A. L. Powell, Oak Park. It is planned to hold community meetings and hear President Roose velt’s speech on the radio. Market Letter WALDO YOUNG—I see nothing in the Philadelphia background to war rant expectation of further immediate rallying power. If anything occurs to make holders of stocks nervous, and active selling develops, it will be time then to be on the lookout for buying opportunities for another possible phase of rally. But unless one is a fast in and out trader, it would be better to try for a spell of real weak ness between now and the end of week, rather than attempt to select the stronger spots of an extremely se lective market. TOPlCS—Pacific Mills, could very easily go to the 20’s this move. But think best policy to accept profits this event. Crosley Radio, if possible would be willing to replace near 25. Later expect at least forty for a stock that is earning at rate of better than $5 per share annually. Douglas Air Craft, Remained firm yesterday and think this is a good time to be stepping out of recently bought stock. It could easily go below sixty again and in that event would be looking for some soft spot to replace it. U. S. Rubber, think that recent purchasers should protect against any setback. It comes down faster than it advances. Ameri can Woolen pfd. has enjoyed a rather fine move and is still near the best recovery profit. Would not let these gains get away. DOW JONES SUMMARY —Elec tric output up 13 per cent in week, June 20, against 14.2 per cent in per vious week. London gold price, $34.81. Paris strengthened by an overwhelm ing chamber of deputies vote of con fidence in its foreign policy, Premier Blum’s popular front governemnt to ady turned to solving inetmal eco nomic problems. Huelva, Spain, The Socialist General Union and the Syn dicalists National Federation today ordered 24,000 workers to stage a general strike in sympath yover strik ing Rio Trinto miners. Iron Age reports steel ingot output maintained for week at 71 per cent but says long term outlook as far from encouraging, citing labor situa tion and charges of Collusive bidding on govemmnet contracts as disturb ing factors. Ford Motor increases de livered price of De Luxe Line S2O a car through inclusion of several ac cessories as standard equipment.— Owens Illinois Glass is expanding block glass plant at Muncie to in crease production 400 per cent. General Johnson asked by Presi dent Samoff to ac tas labor adviser in strike at R. C. A.-Victor Camden plant. General Electric will reopen Buffalo plant on Sept. 1; 50 cents American Ice pfd. dividend pay July NAVAL STORES Turpentine Today Yester. Last Yr. Tone Firm Firm Firm Regs 35 3-4-36 35 3 4-36 43 3-4 Sales 78 223 254 Rosin Tone ...Firm Firm Firm X 525 515-525 570 WW ... 525 500-515 560 -570 WG .... 500 480-490 485 -490 N 490 475-480 475 -480 M 75 470-475 435 -440 K 75 465 435 I 70 460-465 430 -435 H 65 460-462 1-2 430 -435 G 65 460 430 -435 F 65 460 412 1-2-415 E 60 450 400 -405 D 40 440 390 B 00 400 345 Sales ... 300 974 1017 Statement Spirits Rosin Receipts today 423 1.644 Last year 355 2,053 Receipts for week ... 1,598 6,436 Last year 1,773 7,550 Receipts for month .. 10,904 40,420 Last year 11,821 39,764 Receipts for season 18,813 106,481 Last year 33,955 117,714 Shipments today .... 3 3 Last year 40 9,300 Shipments for week . 468 1.893 Last year 641 14,046 Shipments for month 8,434 29,153 Last year 6,940 36,325 Shipments for season 37,251 97,813 Last year 25,890 110,621 Stock April 1 37.488 57,626 Last Year 23,791 115.102 Stock Today 29.050 66.294 Last year 31,856 122,195 | 25 record, July 6. Regular Link Belt dividend and 15 cents extra pay Sept. I record Aug. 15. Reading May Net $1,525,00 against $1,023.00. Five months net $5,480,000 against $4,820,- 000. American Car and Foundry year end April 30, loss $582,000 against loss $1,968,000. Belgium Strikers be gin returning to jobs today. Inti. Hydro Electric system 12 months end March 31 net income $675,000 against $1,390,000. Regular McCall Corp. divi dend pay Aug. 1 record July 15. First II railroads to report for May show combined gain of 16 1-2 per cent in operating revenues and 41.7 per cent in net operating income over May, 1935. HINDENBURG RESUMES OCEANIC SCHEDULE NEW YORK, June 24 (TP)—The Zeppelin Hindenburg found favorable going this loming up off the coast of Nova Scotia. The sky was clear and good. South-to-southwest winds helped the air liner speed on her way toward Germany. The weather fore cast promises that the wind will stay with the big gas for at least 300 miles east of the Newfoundland coast. The Hindenburg left Lakehurst, N. J., in a hard rain storm last night. The huge dirigible passed over New York city and then headed for home. She carried a full passenegr list. MARKETS NEW YORK, June 24 (TP).—The stock market pointed higher today in listless trading. After an irregu lar opening the main body of stocks turned on the upside. With few ex ceptions all gains were held to frac tions. The bond market remained in the doldrums. Wheat moved erratically in a nar row price range. Cotton eased around 25 cents a bale. At 1:30 o’clock today the follow ing prices were quoted: A Air Reduction 70 1-8 Allied Chem .206 1-4 Am. Can 133 1-4 Am. Loco 26 1-2 Am. Pow. Sc Light 12 Am. Rad 20 1-2 Am. Sugar 53 3-8 Am. Tel 169 7-8 Am. Tob. B 99 1-4 Anaconda 35 1-8 Armour 11l 4 7-8 Atchison 781-2 Aviation Corp 5 3-8 Atlan. Ref 29 B Bald. Loco 3 1-8 Z & O 18 3-4 Bendex 27 1-4 Beth I Steel 54 1-4 Briggs 52 1-2 C Cannad. Pacif 12 3-4 Case 183 Cer-teed Pds 9 3-8 Chrysler 108 1-4 Com. Solvents 15 Consol. Oil 12 7-8 Cur. Wright 5 3-4 Cur. Wright A 15 3-8 D Del. Lack 16 3-4 Douglas 63 Du Pont 150 Del. & Hud 41 E Elec. Auto Lit 36 1-2 Elec. Pow Sc Lit 15 1-2 Erie 13 G General Elec '. 38 3-4 General Foods 42 5-8 General Motors 66 7-8 Goodyear 25 5-8 Grt. Wes. Sugr 36 H Houdaille Her 24 1-4 Hudson 16 7-8 Hupp 2 1-8 I 111. Cen 22 1-4 Int. Harves 88 Int. Nick 39 Int. Tel 15 J Johns Manvll 104 3-4 K Kelvinator 19 1-2 Kennecott 39 L Leows 47 1-2 M Mack Tr 34 Marine Mid 9 1-8 Mid. Cont. Pet 20 1-2 Mont. Ward 45 1-8 N yash 16 3-4 Nat. Bis 35 7-8 Nat. Distill 27 5-8 Nat. Steel 66 3-4 N. Y. Cen 37 O Otis Steel 14 3-8 P Packard 10 5-8 Paramount 8 5-8 Penn. RR 32 3-4 Ply. Oi. 1 14 3-8 Pub. Ser 45 5-8 R Radio 11 7-8 Rem. Rand 19 Reo 5 1-8 Rey. Tob. B 55 S Sears Roe 76 Simmons Co 29 3-4 Socony 12 7-8 Sou. RR 16 1-4 Stand. Oil Cal 37 1-2 Stand. Oil NJ 59 1-2 Stand. Brands 15 3-4 Stone & Web 19 3-8 Studebaker 11 7-8 T Texas Corp 34 3-8 U Union Bag 42 3-4 Union Carbide 92 Unit Aircrft 23 1-4 United Corp 7 5-8 Unit Gas Imp 16 3-8 U. S. Rubber 30 7-8 U. S. Steel 63 3-4 W Warner Piets 10 3 4 Wesson Oil 34 3-4 Western Union 88 Westinghse 119 Wilson 7 7-8 Y Yellow Truck 18 3-8 Youngstown 67 1-2 Z Zenith Radio ... 24 7-8 I Texas Corp CO-OPERATION! , BOY’S OPERATION MADE POSSIBLE BY AID OF INTERESTED PARTIES NEW YORK, June 24 (TP).—The motorship Jeff Davis ends her 9,000- mile voyage from Australia today, three-year-old Kelvin Rogers will dis embark to get a t mail out of his throat. Little Kelvin, who swallowed the nail 18 months ago, has traveled half way across the world gto get it out. Kelvin is accompanied by his moth er, the wife of a S2O-a-week mechanic in Melbourne, Australia. She is tak ing her son to Philadelphia where Dr. Chevalier Jackson of Temple uni versity wll use his famed broncho scope to extract Kelvins, nail. A • Here’s the greatest refrigerator im* provement in years. On its hinges or snapped on the door, Sav-A-Step ac* tually puts that hard*to*reach back shelf space at your fingertips, saves steps, saves current. Only Stewaj-t- Warner has it. Yet it’s just one of a dozen great Stewart-Warner improve* ments. See it here today; STEWART- I WARNER Pay On Easy Monthly Terms / SPECIAL i 5-TUBE RADIO IN CARRY CASE 519.50 Let Us Demonstrate This 5-Tube Radio In The New Carry Case. ARTHUR J. FUNK 15 EAST PERRY STREET PAGE FIVE melbourne millionaire, the American Pioneer Steamshp lines, Dr. Jackson, Temple university, and Uncle Sam himself are co-operating to get Kel vins nail out of his throat. The Aus tralian millionaire contributed for the trip, the steamship lines carried Kelvin and his mother free, Dr. Jack son s performing his operation gratis, and Temple university will give Kel vin hospital care and wont charge a cent. As for Uncle Sam—he waived al limmigration laws so Kelvin and his mother can stay here as long as necessary. King Edward VIII gave permission for an American orchestra leader to play "Mallorca’’, a military march written by the King when he was Prince of Wales, provided that it wasn’t rebroadcast to Europe! The King’s favorite song, by the way, 1$ "Dinah.”
