Hope Star from Hope, Arkansas on April 29, 1933 · Page 1
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Hope Star from Hope, Arkansas · Page 1

Hope, Arkansas
Issue Date:
Saturday, April 29, 1933
Page 1
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ft tharmcter, UWhat HMfito does th* ttift 1ft the »i«(«r« repire«entr II A hypothetical aggregation of 32 Vituperation. 35HanKs of - viscous L", t tract at the Itth Of the palm, ^religion , ins. i *htlclng '' 3t Consumer. ' 38 Kinds of b«cr. 3d Secures. 41 Vast tracts of land In south- eastera Europe and Asia, level In general and without forests. VERTICAL 1 Euslgn dig- , playing some distinctive symbol oh It. 2 Greek god ' of love. I 3 Character tiMd to Indicate * * tone. • 4 Primeval fluid, 5 Man who sold his heritage .for pottage. 6 Threefold. If Muscid fly, cartier of disease. 9 A variety of cabbage. II Moral deft- . 16 Strews with Mattered articles. 14 Geological formation* 19 Donates. 20 Freedom from International hostllttle*, 2« Religious Interdiction*, Vt Entertains. 48 To determine * the amount of taxes. 39 Tears aa stitches. 33 Delivered. 34 The language of the Scotch Highlanders. 35 The constellation Lyra. 36 Opposite of aweathen • 40 Above. It! ^ Find It! lit , Sell It! -With- IOPESTAR NT ADS •*-*-&A *?"• * lore you *"& ^flTSrqufcte-you^IL lOc pit line . xate» for coniecutivft •; insertions. J iiuertions, 6q ptr line | * -> . minimum SOc *;l*•> • insertions, 5c per line Ui*.'-t * minimum 90c ;|^' * 91 insertions, 4c per lint ^v^ u minimum f312 :fl (Average 5ft words to the line) j-JfOTE—Want advertisements ac- opted over the telephone may be ^cfersjed with the 'understanding fftot tee bill is payable on preaen- >:1ation of statement, before the first '•publication. \< Phone 768 FOR SALE f0R SALE—Rowden 40 Cotton Seed, cents per bushel. J. M, Arnold, Ark., Route 1. 27-3tp garden and Field Seeds. Pedigreed tywden 4$ Cotton Seed, Tomato P4<, iHanti. Insectide. Lowest Prices. E. M. s \, |ijcWilBarns Co. Seed Store. 25-6tc f^J;' , Garden seeds, Tomato plants, Insec- .Rose Dust, at reasonable Gold fish minnows. Monts . Store. ll-2Gc , TOR SALE—Seven-tube Philco radio at sacrifice. Call Bruce McRae 1 at 118, 26-3tp SALE OR TRADE fat hens and fryers. Prices low". We buy all kinds of poultry, eggs and hides. Hope Produce Co. 2H South Main. 28-6c NOTICE LAWN MOWERS sharpened. R. L: faylor. 815 West Sixth street, Hope, Arkansas. 9-26 SKATE NOW while the Rink is open. 'Skates for adults 20 cents, chil- dyen 15. Admission Free. 28-3tc LOST " ^ IX)ST—One spotted Gurnsey heifer , .• weighs about 500 pounds. R. E. Coop, er, Washington, Ark. ' 28-ltp '—iWired haired female pup. with shaggy face, tan colored and back, short tail. Answers Ot Milly. Phone 114-W. Re- 26-3te HOW THEY S1AND SOUTHERN ASSOCIATION Clubs ;:-"' : v Memphis .......... New Orleans Chattanooga .. Birmingham .. Nashville „..:. Atlanta ..'.;...„::: Little Rock .... Knexville ........ W L JO ........12 9 .... 9 .... 7 .... 5 4 - Thursday's Results Chattanooga 8, Little Rock 1. Memphis 6, Nashville 2. New Orleans 6, Knoxville 2. Atlanta 3-3, Birmingham 2-2 (second game 8 innings). NATIONAL LEAGUE Clubs W L PC. New York 7 2 .778 Pittsburgh 6 3 .667 Brooklyn 6 5 .545 Ls. EBuis .._ 55 .500 Cincinnati 4 5 .444 Philadtlphia _ 5 7 .417 Chicago 4 6 .400 Boston 3 7 .300 . • Thursday's Results St. Louis 3, Cincinnati 2. New York 5, Philadelphia 2. Brooklyn 1, Boston 0. Chicago 3, Pittsburgh 2. AMERICAN LEAGUE Clubs W L PC. New York 9 2 .818 Chicago 9 4 .692 Cleveland 7 6 .538 Washington 7 6 .538 Detroit 6 6 .500 Boston 4 7 .364 Philadelphia 4 9 .308 St Louis 4 10 .286 Theursday's Results New York 5, Philadelphia 2. Washington 3, Boston 2. St. Louis 3, Cleveland ,2. Chicago 10, Detroit 4. • i •—i Btween the years 1690 and 1720 it is estimated there were more than 2000 pirates afloat off our coast between Maine and Florida. Napoleon was imprisoned on both Elba and St. Helena islands at different times. He escaped from the former and died on the latter. WANTED WANTED—To buy good-used Boys' Saddle. See Floyd Crank. Phone 336. 27-3tp HELP WANTED WILL PAY |35.00 per week and expenses. Man or woman with rig to sell POULTRY MIXTURE. Eureka Mfg. Co., East St. Louis, 111. 28-Up ^^ - ^ i "mm IOK FOR TNI RED TAPE OPENER 'S *" ' tJ! * L_ ^/^^''jsu. 1.- .^M, OUR BOARDING HOUSE t, - BjAHERN MO ONfe KNOW, t COULD 6£T NfeW ^» * i « TT^ •"•••— • •—• —• » -^^™ i C*R,WITHOUT USING a. VtCVK. TO TAKE A £UN J-. WOULDN'T SELL »t, EXC61*T |> t *M T*ANNtN6 ON THfct 1>A B&rfOMtN" FAR-SI6KTeti~- /[ TO1N6S0ME Nl&MT 1 _ TOR A tXRUC, ^TORE WINDOW 10 P BOOTS AND HER BUDDIES -rt-V EXQUISITE., ; - WMfH OOT Mfe GCiM VshTV\ tY/ -THAT PAVEMENT^ C.MD.- Buddies! WWOVR TO TMKV HE AWAS THE GOROOM'S DIMMER • - By MARTIN SALESMAN SAM Inside Stuff ! By SMALL MOMCH THIS is WASH TUBES N HG BECOMES PMlMfe OF STBAN6E, FtSHV SMtll, THE UMM»STA*CN6tE T«OL\. OF ft SHI? fKT SE*«. Me SITS U01JI.V, *)fVSH OPENS ms EVES, ANP |_ IS CONSCIOUS OF A SPLITTING IWAD&CHE. Shanghaied! ~n/e. /A/ ~Ttf(S S'TK/P RHECP OAALSKP YKEAPLPf* M/LAOC RARSUSOp GIOALEF '" KARRSECC , . MUST O' C.IM6N US KNOCKOUT DROPS. THERE'S S\K O' US IN THE HOUD O' THET BLASTED WHALER. FRECKLES AND HIS FRIENDS Goodby, Nellie M.! AND ROBBED, TO BOOT. RING AND MV *500 GONE-. SO NOOP.S. HEM THE. CU3UO OF SMOKE. "CUEMJED.THE NELUE M. LAV A HOPELESS WRECK, A3 THE TOSSING SEA PREPARED TO RECEIVE HER • INTO ITS SILENT DEPTHS.... THERE SHE. &OES....GOSH! THAT5 A SHAME.' SHE WAS A GOOD "\SURE" SO WOULD I ~ OLD SHIR..,,n.l_ < WtLL HIKE. OVER TO SORE AA1SS HER- 1 THE VACHT <VND WAfT I'D LIKE TO BRING \ FOR UNCLE. HARRV THAT SUBMARINE / TO COME BACK- PIRATE TO JUSTICE ) H£'LL KMOW WHAT FOR THIS f Js, . TO DO hv THE NEWFANGLES (Mom'n Pop) .J ByBLOSSEK Then Chick Loses His ! 6V THE BONES OF THE ) WHERE TEM TINKERS' THERE_V / OH.VE5-I THEY ACE.MOW ' /7 SEE THF.M THERE'S FOUR J \_ NOW// OF 'EM.'.' INSTEftO OF GOIKI& TO OOM'T WE. SP^S 1 . /X MAN NEVJER LOSE 1 :. THE UOMIES E \j ERY WIGHT, >> BOOK. ON uc»*j OUGHT TO TA^ HOME TO COMTGOL. LOSE TWEAK TE CAPER U«3 THE" A-UEMIC VNILL! LETS READ rr OUT By COWAN •fta. U. S. P»T. OfF. - -i7.V^: A Week In Hope W C«rffor ««ch iMorda VOLUME 34—NUMBER 157 (AP)— Mttnt AHActtttd Pf*M. ^ (NBA)—Muni Nt««p«pef Brutrprln Art'n. rs. Judd to Asylum HOPE, ARKANSAS, SATURDAY, APRIL 29,1935 PRICE Winnie' Ruth Judd posed for this last picture before she entered Arizona's .slate hospital for the Insane at Pohcnix. Shown also arc the three prison matrons who guarded the trunk murderess In prison. Here and There •Editorial By Alex. H. Washburn- Datience is a virtue more powerful in peace than bravery in r time, of war. The patience of the American people has been sorely tested the last few years. It jiroke in.a little IoWa.toW^T}viur8d4y. ; • / Says the A^JMRSBS Gazette this "lara^fftvlS^i 1 ^ 8 : 011 * man in that mob—its viticT. ' wtth "a .'rope around his neck he still refused to 'take the oath his torturers demanded." The 60-year-old judge would not promise the farmers to .suspend mortgage foreclosure proceedings that had been brought by five-insurance companies. Upturn for Last 30- The Gazette was thinking of the aged jurist, helpless in the hands of tho mob. I was thinking of the mob _.Sj». • and the insurance companies, each •PT. LOUIS— (fl>) —Numerous in- trying to be loyal .to their own—the Sort Business ttcKing Up Says Reserve St. Louis Report Shows turn for Last 30- Day Period f. LOUIS— (fi>) —Numerous in- mces of progress nrid Improvement in'industry and commerce during the last 30 days were noted in the Eighth Federal Reserve District, the monthly report of the Federal Reserve Bank of St. Louis said Friday. In mercantile lines, the report said, the full extent of the improvement is not adequately reflected in the March statistics, ns most of the improvement came in the fiul week of that month and the first week of April. The report attributed the upward movement partly to the rapidity with which banking facilities were restored 'following the holiday in early March. In the wholesaling and jobbing lines, March sales were in most 4 instances larger than those in February, although still under the volume a year ago. Retail trade made a less favorable showing clue to unfavorable weather, disturbed banking and the lateness of Easter. Floods, rain and other factors have delayed agriculture from ten days to two weeks. ^Ipio increased employment in the ^Hewing industry offset decreases in the mines and industrial plants, leaving employment about as it was in the month preceding. Department store sales were 13.3 per cent greater than in February, and 28.4 per cent lower than in March last year. The terminal railway here, handling interchanges for 28 lines, interchanged 110,0-19 loads, compared with 112,484 in February and 149,953 in (Continued on page three) FLAPPER FANNY SAYS: Hta. U. S. PAT. Off. It takes au Adam to make au apple orchard an Eden, N U P $2 U.S. Asks Truce in Export Raiding by World's Powers Norman H. Davis Lay* American Proposal Before 8 Nations A TEMPORARY MOVE Truce Would Hold Until London Pact Is Arrived at in June LONDON, E.ng.— (/P) —A proposal for a world-wide economic armistice was laid before the organizing conv mittee of the world economic; conference by Norman H. Davis, American ambassador- at-large, at a meeting of the committee in the foreign of-- fice Saturday afternoon. Davis conferred with Foreign Secretary Simon of Great Britain and outlined the plao to him before go. ing into the committee meeting where eight of the organizing nations were represented. America's economic truce, as proposed by Davis, is a far-reaching measure to end the economic warfare among all nations until the agreements to be reached at the worla economic conference can be made cf. fcctive. Bulletins WASHINOTON-(yp)- Information received here Saturday said a revolt had broken out In the Orients province of Argentina, and disorders were reported In the towns of Songo, San Luis and Bo- nlato. Two soldiers weia report, cd killed at Boniato. farmers bent on saving their homes, the insurance companies trying to protect the savings that their policyhold- crs had entrusted to them. XXX If there is a moral to'be pointed in this Iowa outbreak it is that the American people will be more cautious in the future about pledging their homes for any kind of loan. Big financiers jump out of skyscraper windows, and little farmers beat up helpless judges, all because somebody in the past made a bad mistake. We kid ourselves into looking for government relief—but no government can do anything for a people who forget to be afraid of debt. This panic was caused by the fair- haired boys who a few years ago preached not to be afraid of going into debt—"this is a new era that will never end." It ended in a riot and near-lynching. And that kind of preachment will always end that way, as long as the world shall endure. XXX Mr. Roosevelt is playing his cards shrewdly. At one and the same time he has an international trade confcr- uicc going in London, and at home he is advertising a first-class inflation to frighten hoared dollars out of hiding and into the business channels, to trade once more in cotton and wheat, steel and automobiles. The dollars, fearing they will only be worth half as much, must come out. Therefore cotton and other commodities and stocks took a new jump Saturday. I am wondering if this is to be a real inflation, or an executive bluff. It occurs to me that the president hopes to frighten dollars of hiding, and then got international trade rolling again before he has to actually use the weapon of inflation. XXX You will recall that the power conferred on him in the bill just passed by the senate makes inflation "discretionary." Roosevelt can inflate or not inflate, as he chooses. My guess is that he won't inflate as much as we suppose. I believe the Democratic party with its lower-tariff proposals will conclude an economic peace at London in June, restore wheat and cotton exports—and pull the United States put, the world with it. Carter Glass, great Virginia economist, is afraid. He opposes even the threat of inflation. But Secretary Woodin of the Treasury says he is "for the chief to the end." There you are—and how you figure the answer depends PR whether you are a pessimist or an 'o Must Stop Raiding WASHINGTON — (fP)~ The American government regards it as most important to reach some gentleman's agreement so that betwen now and the time of the world economic conference in London, and during the conference sessions, there will be no more increasing of • the obstacles already presented to trade, it was disclosed, here Saturday. . ' '.. "'"'"';• ij.^S. and tanida Agirce "' ' •,',' WASHINGTON — (£} — President Roosevelt and Prernler Bennett of Canada '. announced Saturday they had reached an understanding on the purposes" of tconomic improvement. . They also stated ,they had "agreed to. begin a search "for the means to Yncrojsse the exchange of cpmmod. itics;'''between; our two countries." They declared it was imperative as soon as practicable to restore an international monetary* standard. Fire Department Reorganized Her! J. K. Sale, New Chief , Presides — Four Men Are !; Replaced A reorganization .of the Hope Fire! Department was afefcted at a meeting of the members Friday night at the fire station on West Third street. The- meeting was presided over by J K.. Sale, newly-appointed fire chief, Four members were droped '• from the volunteer firemen list. They"'wfer*r replaced by Billy Bob Herndon, John Owens, Glen Carmical and Tom Cole-. man. Equipment was Issued to the members. : ' J. K. Sale spoke briefly. He asked the co-operation among the firemen and expressed appreciation hi being appointed chief. O. L. -Wyatt, retiring chief, paid tribute to members of the department and thanked them for their loyalty and ' co-operation under his reign. • ; Sam Taylor was reappointed as sec-' retary-treasurer, Bill Garner was reappointed hose police. Tom Briant, Tom Coleman and J. K. Sale . were named as appointees for the pension board. ' ' '.-',It was decided to hold two meetings each month near the first and 15th. A course in first-aid will be given at each meeting with the various doctors of Hope demonstrating first-aid methods. A fine of 50 cents will be imposed upon , eac^i ( member ( not '. attending unless .'he, has a legitimate excuse,'^' ' The -fire department was divided : Barrow Brothers Kidnaper Suspects West Dallas (Texas) Desperadoes Figured in Hope Chase RUSTON, La— (fi>) —Officers in Louisiana, Texas and Arkansas Friday co-operated in a hunt for a gang of desperadoes who Thursday abducted H. B. Darby, Ruston business man, and Miss Sophie Stone, Lincoln parish home demonstration agent, stole Darby's car and disappeared after releasing the abducted pair near Waldo, Ark. Three men and two women are in the party sought and Darby and Miss Stone, returning here on $5 which their abductors furnished on putting the victims out on the roadside, Friday identified two of them from police photographs as Clyde Chapman Barrow, 23, and Melvin Ivan Barrow, 31, described by authorities as desperate characters of West Dallas, Texas. Police records showed Melvin Barrow was recently pardoned from the Texas penitentiary and with Clyde Barrow was being sought for the slaying of Detective Harry McGinnis and Constable J. W. Harriman at Joplin, Mo., on April 13. Darby and Miss Stone said the gang told them that Darby's car was stolen to effect a bank robbery. When the car was stolen near Nice, La., Thursday, Darby and Miss Stone gave chase in another machine, only to be seized on the highway by other members of the gang, who forced them to travel into Arkansas before agreeing to release them. The abducted pair said they were driven at high speed through the business districts of Junction City, El Dorado and Magnolia, Ark., and eventually were put out near Waldo, where they were given ?5 to return home on. Blevins Graduation to Be Held Monday Monday orning graduating exercises will be held at Blevins with the following program to be presented: Salutatory address, Willie Belle Flaherty; valedictory address, Gertpe Honea; graduating address. Dr. J. P. Womack; presentation of diplomas, J (jr'"nn (-"ker. Class Roll: Watt Bonds, Kathleen Brown, Jettie Curtis, Willie Belle Flaherty, Ozelle Gentry, Reese Hamilton, Jimmy D. Hampton, Gertine Honea, James Leslie, Roy Lewis, Mary Morton, Thalia Nftlen, Charline Stew- »rt. Fletcher Rhodes, Velda Wardlaw, Audrey Warren. Ponder were named as. captain ari'd sub-captain for Co. No. 1. . GJeri; Carmical was 'named as ladder,, axe,'; pike pole and .light man for Co. No. 1. Other members arc Ira Halliburton, John Owens and T. P; Boyett. • ; Tom Coleman and Joe. Watson' were appointed captain and •sub-captain of Co. No. 2. Tom Duckctt was named as' ladder'^ axe," pike pole and. light man for the second company/. • Other members are Billy Bob Herndon, Sani Taylor, Herbert Lewallen and J. K. Sale. It was voted at the meeting for the members to subscribe for some fire magazine whereby members could study the methods of fighting fires and removing obstacles in the prevention of fires. n Alsb Face Senate Probe of Financing TO CENTRAL. UNION TRUST COMPANY MM or NEW YORK i«/.'/zf G..Dovcnizcr _H. Knowlton I'. F. Warburg sir \V. WUcnuia O. Kalm E. Walker / Powerful money masters, any or all of,whom may be summoned when the Senate's investigation of private banking gets under way ... all are partners In Kuhn, Loeb & Co., except Clarence Dillon . . . who is shown at top, right, above his famous check for $146,000,600, ' one of the largest private checks evcr~drawn. . : -,',;.. ' . LR. Banks Expect to Open Monday Final R. F. C. Approval Probably to Be Given Banks Saturday LITTLE ROCK.—(yP)—Loan applications of Greater Little Rock's restricted banks probably will be approved finally by the Reconstruction Finance Corporation Saturday, a local representative of the corporation was informed during a telephone conversation with an official at Washington. The five restricted banks are seeking approximately $3,000,000, to be used in paying 50 per cent of their deposit liabilities. The payments will be made through new banks which have been organized to supplant tre old institutions. Officers of the new banks said that if the money is made available they will open for business Monday morning. Approximately $7,000,000 will be made available to depositors of the old banks. The other 50 per cent of deposits eventually will be paid in full, the bankers believe, through liquidation of the old institutions. 30-Hour Bill Will Include the Press Typographical Union Demands Extension to Publishing Field WASHINGTON.—(A 3 )—A prediction that the 30-hour work week bill when reported to the house would include newspapers and periodicals was made by Chairman Conery Friday in the labor committee's hearings on the measure. He made this statement after Edward F. Cassidge, representing the New York Typographical Union aud its 11,000 printers, had demanded that newspapers and periodicals be included among articles that would be banned from interstate commerce unless their workers were on a six-hour-day, five-day week basis. Goodyear. Texas Financial Wizard and Kuhn, Loeb & Co. Rivals of House of Morgan By WILLIS THORNTON NBA Service Writer NEW YORK—The goliath of the army of private banking against which the United States Senate is soon to hurl its pebbles of investigation, is J. P. Morgan & Co. But there are other giants in that army and they are little less formidable. Kuhn, Loeb & Co., Lee, Higginsoni> ' & Co., Dillon, Read & Co, are typical examples of the huge private banks specializing in the issue and floating of securities, which have achieved a mammoth concentration of money power. Investigated 20 years, ago with little result, these private banks now face further probings and perhaps regulation. KuTm, Loeb & Co., is probably next in size to the House of Morgan, though of course absence of public reports makes it impossible to say with precision. Second only to Morgan in the general private banking field, Kuhn, Loeb is probably second to none in the railroad field. Railroads to which it has lent aid as reorganize!' or banker include Northern Pacific, Union Pacific, Southern Pacific, B. & O., Pennsylvania, Missouri Pacific, Chicago & Eastern Illinois, Wabash, Texas & Pa. cific, and Denver & Rio Grande. Its palatial offices at William and Pine streets occupy four floors, and are, through the provate activities cf the partners, the wellspring of Jewish charities and benevolence in the United States. Tfiere is a pronounced air of art and internationalism about Kuhn, Loeb & Co. Rails and Kuhn. Loeb Otto H. Kahn, partner, is bestknown to the public through his patronage of the Metropolitan Opera and other musical enterprises. Felix Warburg, partner, descendant of a long line of German bankers from Hamburg, is one of our great philanthropists. The international aspect is aided by Lieut.-Col. Sir William George Eden Wiseman, partner, a soldier who had charge of the British Secret Service in the United States after he was in- (Coatuiued oa page three) Crimm Raps Vice Here Friday Night Evangelist Scores Bridge Clubs, Movies and Trifling Wives Speaking to an audience that jammed the large tabernacle close to capacity, the Rev. B. B. Crimm, evangelist, related the parable of the talents in his message Friday night, After reading from John 25:14 the Rev. Mr. Crimm took off his coat, necktie and seated himself in a cane- bottom chair on the platform to bring chuckles from his audience in relating wise-cracks about Herbert Hoover, "Ma" Ferguson and Huey P (Kingfish) Long. He spoke about lazy people saying: "I rate a lazy guy. One of the most disgusting and inexcusable sins on earth is the one of laziness. Some people who live only two blocks from this tabernacle arc not attending this meeting because they have no car in which to ride here ,or maybe they are not attending because they don't have money enough to purchase license in order to run their car here." He severely criticized moving picture houses, bootleggers and church members who patronized bootleggers, girls of the streets, bridge parties and public dances. ; In discussing ttye woman who solicts on the street he declared that he had "more respect for her Ulan the married woman whp sneaks away with Closes Nearly as ; , 'ft*) Stock Market SM at Public Ri Treasury Head Sa) "See Chief T;l Hto and commodities , Wll huge aggregate gains' day asfrestr buying, ^1"__ by the senate's approval;* farm '* '-relict, / 'aMdsi&Jral measure* and.much t&fa business news, was '"" """ the market.' / v On the Stock Exchange, gains" ed froth $1 to niore than $5 a ph the most active trading the marl; seen in many months. Sales"' 3,390,000 shares for the half -i At Chicago,' wheat futures* up 6 cents a bushel, while - ? «i gained $1.60 to $2.10 a bale. Other* modifies rallied'strongly. , v -4 •With the inflatiori amendment jjj farm bill over the senate hurdieJTl ness statistic* reflecting further? j by trade, and'the 'dollar wea against foreign currencies, the* i put funds into equities and was resumed on tin enormousk The quotation facilities or the S Exchange were overwhelmed.'" steel, farm implements, sugar, and other industri«ll|gr6upS5ff upward under buying that^f" in ulteniiitylthe's lastweieif ' "- Y C Cotton," Pre-School Clinic Here Wednesday Children of 6 or Under Examined Free at Hope City Hall A pre-school clinic, sponsored • by the P.-T. A. organizations of Hope., will be held next Wedneslay at the city hall, starting in the morning and continuing all day. . Miss Flora Cotton, county health nurse, and Hope physicians will examine children who will be 6 years old by the next term of school and those who are under 6. All examinations will be free. Physical defects will be recorded and sent to parents having children at the clinic. , Parents having children who will be of school age by next autumn are urged to bring or send them to the free clinic. (Continued, three) Saturday Big Day in Literary Meet Short Session Friday as Contestant* Gather at Magnolia In the tenth Arkansas district A. A. A. literary meet which opened Friday at Magnolia, only a few events were concluded before a recess until Saturday, when the meet was continued, to wind up Saturday night. Winners of Friday events were to be announced some time Saturday. Reports from Magnoli asaid representatives gathered there late Friday with many others expected Saturday. Hope sent a large delegation to participate in the annual event. Beer Sale Will Open in Memphis Monday MEMPHIS, Term.—(#>)—City officials Friday turned "thumbs down" on a midnight welcome of beer, but took an unusual step to authorize sale of the beverage beginning at 1 a. m. Monday. Some hotels and night clubs had planned bee^ parties beginning at 12:01 a. m. Monday when, the state legislature statute becpmes effective, but the licensing commission ruled Friday that rig sales would be permitted until 1 final dealing* 'and' i , gains of 91.95 to $2.10 alb The stock market held several;'* tacular features.» American fcfiai frenzied trading, swooped flSfl to $84.50," quickly lost half its gain,! and then rallied again. ' r'' American Telephone & Telegraph^; climbed to par, ,or $100 a share, where;-.' it was up more than $4. ' " i 1 r ^ Genneral Motors, in extremely tive trading, jumped nearly $2 a shared Last prices were generally the nig" es *- ' . ^ * 't American Telephone's last trarisac-/ lion was at $100, or $4.62 net higher.', General Motors $21' General Motors, at $21, was up .United States Steel common at $46.62, a new high for the,year7 up.$3.62/ C\"*/ American Can's gam at $80.25' was $5.75. , ' '4 ^j, Western Union, at $37.50, was $4.87. Corn Products Refining jumped $5.5Cf to $93. ', v t>M Total sales at 3,390,000 shares, were f jd the largest for any Saturday sine?; •••** May 3, }930, when the turnover was,,,, 4,867,500 shares. Cotton Up $2 a Bale Cotton advanced a flat $2 a bale final quotations reaching Hope Satur.iv 1 * day. July contracts closed at 7.&7-90,'!?;| against a previous close of 7.48,' establishing a new high mark for cot'" V 1 ton prices this season. •, <^ «!' - '* Woodin Will Stick WAS HINGTON. — (ff) — Secretary L Woodin of the Treasury DepartrnenV; from his sick bed Saturday issued,*^ statement denying reports that he 19^1 going to resign and is at odds with • President Roosevelt over his inflation ' program. Woodin said he approved the president's program lthroui|iout, "I <|m with the chief to the end," he said, 'He is going to lead us out of this situation-" / Senate Approves Inflation WASHINGTON.— (fP)— The admini$, tration's farm relief-inflation program was passed by the Senate Friday night and sent to the House on a cpahtion of Democratic and Western Republican votes. (Continued on page three) Today's Statgraph SINCE BRITAIN Sg%& WENT OFF GOLD i-.^*-

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