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Dunkirk Evening Observer from Dunkirk, New York • Page 2

Location:
Dunkirk, New York
Issue Date:
Page:
2
Extracted Article Text (OCR)

PAGE TWO DUNKIRK EVENING OUSKBVKR, THURSDAY. MARCH 3, J932 Hoover Ready For Vigorous Battle Against Short Sellers PIODEM juices of, sha-rcs from making now lows. Election Wnll direct la not overlooking jiosslliljlty (if -an election market, i inovo by Ilio party In power to Imii buck tlielr candidates, JIow over, ll In not believed thin umrkot will start far In advance of election, since It would reijiilro Herculean efforts to kcop tho thing moving iinlll licit uutumn. There will bo reaction no matter which way business Thinks Stock Exchange Officials bonce, would iu 'foiiy for iim Unt UoHfl Rnnrl fellows lo try lo buy shares at tbo Have Not Made Good Number of Promises. Mar.

3--(UP)-- Prcsl- present k'veis. Jf tho small traders do not rush Into the market, the pro- fcMlonals will not be "Wo to keep It up. If, on the other 'hand, the market rises for screral weeks In a row, there dent Hoover Is urging administration would be no stopping Iho- niajiy trad- to obtain authority today for "-'I'D who would again climb aboard a show-down buttle with "anil-wagon anif per suffer Mr. Hoover wants 1B of bear lnto meltable technical raWor, publfehod. Ills scnalo frieu.ls 0 tavo cooled lo that drastic proposal.

South But tile banking and currency Tliomas Lee, president of Leo, niittt'o has been Biimmoned to nie-it' Stewart New York Investment at 3 1'. to cotujlder a resolution bunkers, life Just published an Ilium- which would authorize an Investlga- Inuilng volume on Latin America tlon of buying, selling, lending tinrl our with that part of ibo borrowing In connection with world. Jxjc's American operations. I Problems--Their Relation to Our In- This project goes beyond tlie Inquiry vcutoi's 1 consider- by Mr. Hoover.

lie feels abort sellers In tho post eight months have systematically and selfishly weakened the market. The eight-month period began wito announcement or tho Hoover moratorium plan, which was followed by a sharp market rise. -Mr. Hoover would limit, tho inquiry to short Kales. The president Is convinced the ensuing sharp decline of security val- lies largely engineered by short sellers.

Ho IB indignant. Jin wautn action. He fels that stock exchange ofllciuls have not made good on a mm- titudo of promises to clean their own house Drive, Sitlifictory Rulei Jf tho eeiuitc falls to correct the- evils to which Mr. Hoover objectH he Is jtrepared to carry the battle further, but by means which have not been revealed. There is no desire at ih-? White House for legislation to regulate stock market operatioim.

Rather IK hoped publicity of abuses will persuade exchange authorities to 1m- irasc satisfactory rules. Influential Hcpublica.il senators questioned Ilio wisdom of exposure. For tho time being the intiUer has been dropped. The president is not convinced. By wants 1" get tho shorln out whcro everyone can see them and wliero they can bo consliuiUy observed in their inarliet.

activities. Mr. Hoover bellevpn Iho stock exchanges can bo reformed Investigation soinowliat us Insurance business was purified yenrs ago In New York after an Investigation con- dueled by Charles Avails Hughes. That Job successful nciil landotl Hughes in the governor's chair. Eeeins reasuu to believe tho ehUif Justice has suggested some strategy for -Mr.

Hoover to 1130 ngaujst ihc Bliortn. spste to disclosure!) of the dol- sltuatlon as It affects somo JOO.UOu American investors und over $1,100,000,000 of. American cajillal Invested In various l.illn American government securities. Leo points out Lbo need of more proper trade statirf- Including invisible as well us visible Items, more expert of which on thn part of some of our underwriting bankers would havo resulted In iliolr rcfiwnl to make nonuj nl the loans they made in l'J2(i, 1927 and 1IJ2S. HO places chief blame for lack of statistics on tbo Latin- American dictator or politician Intent uiion securing iiiigc sums of American dollars with which he might pro- hlii ilictatnwlllp.

To guard against tho troubles of over-lending, suggests: 1. lUgld Investigations of Ilio purpose for which future loans would be 2. Careful supervision jy technical representatives of the ending hank to see that the noney Is properly and economically ised: 3. Pledge ot all net Income irlsing from such loan investments mill bonds havo been retired, and I. I'ho IIBC of the United States malor- als whore materials miml be bought tho borrowing country abroad.

Failures Hrarlstreet'a finds business fuiluros February declined IS per cent from January (o a total of The sea- wnnl decline is 19.2 per cent. Liabil- tics 11 drop, hciny against $.103,27:1,000 in lannnry, a liedino of per cent, iu Kobruary, 1'JSl, liabilities rose tier cf'nt over Dun's reported failures for. February at a Hue of 21 per cent from lint. a. new liigh for the iiuinth.

Llnhil- i.s figured lly IDun's rose to a winallcr total than that by IJradatrcel'a. FINANCIAL GOSSIP By C. WALZEK United Press Fluinclal Editor New York. Mar. opinion Iiii 6 suddenly swerved to tht! buying side of the market because the foreign financial situation Is showing signs of clearing and more emphatically because business in America is holding Itrt own.

Steel production Is found holding steady with or- coming In that will raise the rata of production. Prices are not ex- iwcted to decline further. Failures havp decreased markedly. noUbly in the hanking fraternity. Of more im- perhaps, is tho fact a spring IB only eighteen days away, and this is the time when businctn ordinarily makes a seasonal advance.

Thu stock market has been sold down terly well ami haft been quietly hold- rng its own for several days. It may be ready for rise, but If ness docs not make fairly good progress, there is nothing to preveut COUGHS Don't let them get strangle hold. Fight pcmui quicJJy. Crcomulsion combines the 7 best helps known la modern Powerful but KirralcM. Pleasant to tile.

No nircotica. Money refunded If any cough no nutter of bow long Minding is not relicrn). Atk your draRprt for Crcomulsioa. (idr.) Choice of 10.000 WORLD'S ATTENTION FOCUSED ON LINDY Will Would KIH Larltt Santa March 3-I')--Will JloKern, humorist, today advocated lynching for tho kidnappers of Charles A. Uudbergh's sou.

"Generally speaking, I'm not in favor of and mob law and that sort of thing, but I'd gladly be a ono- iiian lynching party I i case," he said. Kogers described a recent visit he and Mrs. Itogers had with Hie Lind- berghs. "Looking bnck on It all, with Llndj right tbero in our Why illdn't we 4rlve away with him?" Hog- crs said. dered food, and Inrjulred the -way to the.

Lindbergh residence, Tueaday evening, the nlKht of the kidnapping, Ihcy appeared again, jjnld. Rcguei Gallery Burly tliIn morning the girl queHtloned at Newark police hy Inspector Charles Wiliwn. Hbo wan said to lnvo Identified two refuel) gallery photographs ot Capone Offers Reward Chicago, March 3--(UP)--Capone from bis jail cell today offered his sympathy to Col. and Mrs. Charles A.

and offered a reward In he kidnapping ot their Infant son. The noted public eueniy offered $10r 100 for "Information, leading to the recovery of the child unharmed, and ipprehenskm ot the kldiiavperi." "This Is an outrageous thing," Capone guld. "1 have son of my own ml know how Mn. Cavono and feel If he ware kidnapped. urn powerless behind the bars, but If were free I could be of real- assistance through Mends all over the onntry whom I' could enlist In running this thing down." ets Hope in Stare Ilohoken, N.

March 3-- (UP)-- 'rofessor Gustavo Meyer, astrolotist who predicted the birth of Charles Augustus Lindbergh, and the death if his grandfather, United States Sentor D-'iglit W. Morrow, has sent the ollowing telegram, to Colonel and Mrs. Charles A. Lindbergh: "Have hope. Your child will bo re- urned to you alive and well before he 20th but particular on illhcr the 4th, nth, 9th, 14, loth Inst.

"Trusting that Ihe stars In their will be with you. "You rs astrologlcally, "Professor Gustavo Meyer, Amerian scientific astrologlst, "Jew Hoboken, Babe Has Dimple In Chin Hopewell, N. March 3-- (UP)-pronounced dimple in the chin is be most readily recognized fe.Unre of Ittlo diaries Augustus Lindbergh, ccurdhifr. to Hicliard 11. Scundrctt, Mrs.

Lindbergh's cousin. Few complete description? the aby have been given th? public, Jcandrctt said. The baby Is twenty months lie ias blue eyes, light, c'irly hair, and famous father. He 30 pounds and ia 33 his weighs about nclies tall--ulxnit normal for his age. He has just begun to walk and can take a few toddling steps, lie can say a few words.

When taken from his crib Tuesday night bo was dressed In a white llannel and silk XKA San Francisco Ilurcan Ten thousand students can't be wrong, and everybody will agree Hint lliey had pretty fair reason for selecting Virginia Carlyle. above, aa queen of the "Mig Sirkus," a quadrennial event at the 1'nivcraity of California. She's an art student, and is petilo. dimpled, blond and hlno-ryrd. Dally Diet Published Aaain Hopewell.

N. March 3-- (UP) --Hoping that the kidnappers who took her son will feed It the proper -Mrs. Anne Lindbergh has made public the child's dally diet: 1 quart ot milk daily. 3 tablespoons ot cooked morning and evening. cereal, 2 tablespoons of canned vegetables once a day, 1 egg yolk onco ft day.

1 baked.potato or some rk'c once a day. 2 tablespoons of'stewed fruit dillv. 1-2 cup of orange juice on awaken- Ing. 1-2 cup of jiriinc jnice following afternoon nap. drops of vloslcrol during inc Jay known criminals as resembling mem hers of Uie trio.

Mycterloui Menage At 8 o'clock last night the phone rang on the city desk of the Phlladel phla Record. A man's voice said: "You may stiy the Lindbergh baby li being cared for by a trained nune." Then there wai a click, diiconnectlng the pfiene. Efforts to trace the call failed. reports of speeding sedans, occupied by wen--a different number In each report--a woman anil a child, or a "bundle that looked Hko child," sent state troopers scurry- Ing after tho cars. Clues From Everywhere One snch car wag sighted veir N.

Y. Tlie license platen were wild to bo "4U99 Boston police received a report of a green Chrysler sedan, hearing New Jersey plates, driven by a "nervous woman" at Farmlngton, Conn. Pennsylvania troopers searched vainly for a "large sedan with New Jersey license plates" containing "two men, woman, and a baby," on the Reading pike between rotlsville and 1'ottBtown, Pa. Wheeling, W. and St.

Clairs- vllle, 0., also reported a suspicious dan. A Pennsylvania railroad braknman at Trenton said two 'men and a woman, the latter carrying a whimpering baJiy apparently suffering from a cold, were in the Clinton street sta- lion Tuesday midnight. At Portland, Miss Anna Kurtz reported finding a baby's jacket that might have fitted Baby Lindbergh. It wa 8 claimed by a neighbor. A Pcnnlngton druggist, told of a woman who tried to buy two ounces of ether from him Tuoatjay Meanwhile police planned to check the handwriting of all tlie workmen who helped build the Lindbergh house witii the handwriting on the post card ns 1HEBEUEFHF (Continued from Page One) New York University Alumni association in New York He failed-through a confusion i dates--but nevertheless on Monday evening fiomeone Breckenridge, Lindbergh's attorney, aud asked whether Lindbergh plai- ned to attend tho alumni dinner.

The answer wa That would mean Lindbergh was not at homo aud that Mrs. Lindbergh, the child and the servants would be nlono in the big stone house near here. Knew The Property Well Investigators going over the pro- (Continued tram rage One) A I COSTS HAND indium burn her fomvl the amputation of the let; tlon, would not reach. id of Jlllv. Ueriho d'Alzac, head nurse in a lihcims hospital.

CARD OF THANKS wis.li So Jhanlt aU our friends, relatives, neighbors Mid acquaintances for )3ic jji.my ar(s of cxicmJcd llic sin! fnnmil ct ANDREW HOLEW1NSKI J-'c-r spiriliifll lif'iiqiicls. and OT HJJ at funeral To Hcv. FalJifr Michael IMminiiilt for the hind wrvicc lo llic mftnbpra of Oio Murray JJoM; Co. No. 4 for courtesies exlendcd snd 10 jinyojie.

every one who in jinyway assisted or extended Mr. Mrs. Feiix Holcwinslsi Jirs. Mary Weiss and son Mr. and Mrs.

Boyd Adamczak Mr. and Leon Tetz John Gra-gorzcTOiJci Miss Monica Tills conchi slon was rraclicJ wlicii It was dls covered Hint arc nailed on tho uprisMs, wiiliout being Inset into tho beams. The entire construction or (he bottom section imlic.ilcs It was hurriedly roughly imt together when the Iwo ton sections woiik not reach the second floor lied rooni. Ono of tho most nroinislnj: clues appeared to be a iwstcard mailed at Jfewark. addressed to berji Princeton.

N. "Chas. On Ihe back was scrawled: "Baby safe, inslruc- tions later. Act accordinsly." Alfred FVey, letter carrier, foand it In a post lxx at Contra! Ave. and Plane St.

ihcre. rooming house section. than SM Newark police and firemen were to every honsv "from cellar lo garret." Tacy learned from Irvine Hinc. who con- duds a postal sub-station at KJ Plane that fcc two carts ot the type used yesterday, to a woman lie and olhcr to a man. HOUM Keeper 6lvn Valuable Clvt The description of this man witk the description given by Mm.

n.tcher. who ram of a who for for Iflrw aim a woman. Fischer said jibe taw tie two men and Ite woman In the far front ol her aoote-- and ed be a tnMto the tack t4 not Ue Tbn a waJtrrw naard Kwlhg wait4 tarn a Tcstaurast. first five dan aflo, AGENCY IS PUT TOWM CASE (Continued from Page One) entire New York state police force' aid In Hie hunt. Governors of Connecticut, chuuetts and Penrwylvanla.

ordered all state police forces to their faclliti Btatefl. with those ot (later road leading from New Jersey to other was ringed 'With state and (wllce. Every large City on tho Atlantic seaboard turned to its police forces with Iho warning that "the Lindbergh baby must be found." In Wellington, both the senate ami houne rushed bill, making possible the death 7 for kidnappers. la New Jemy, in New York, In state conoldered bills kMvjr penaJtleii lor kidnapping Presg aid newspapers throughout the country were represented In Hopewell by hundreds of reporters and photographers, all relaying eack new development In the case to readers throughout the world. for press Information were established the'gover- office at Trenton, N.

J. Telegraph and telephone lineg by the hav Keen opened, leading all over the nation. And all this nervous activity and anilely In private homes, In national capitals around tho world, was centered on In this llltlo New Jersoy village of 2,000 souls. Don't Get Phytlc the Bladder Wtlh Juniper Oil the Impurities and excess acids that cause irritation, burning aud frequent desire. Juniper oil, bu- chu leaves, are contained in link.

els, the bladder physic. It works on the bladder similar to castor oil on the bofcela. Get a 2Sc test box from, any drug store. After four days It not relieved of "getting up nujlits" go back and get your money. If you aro bothered with backache or leg pains caused from bladder disorders you ara bound to feel better after this clwne- li( and you get your regular Sold at Monroe's Pharmacy.

WeVe Making Men Take: Notice by Giving Greater Values Now Spring perty yesterday and today found further substantiation that kidnappers knew the workings of the household and the property well. They knew exactly which room was tho nursery. Deep mudholos surround the place as (lie property has not been landscaped. These mud boles were left by workers who rebuilt the stono mansion. The kidnappers "Were evidently so familiar with tho property that as they rushed away with their precious burden, they followed circuitous trail, carefully avoiding each of these mudholes.

As far a the footprints of Uie kidnappers could bo followed, there was shown the greatest familiarity on the part of tue abductors with the layout of the grounds. Many persons could have been familiar with movements of the family and the layout of tho grounds. There had been many aiding construction. The Lindbergh estate- is the show place of this region. The residents are proud of the estate- and the family.

Their parsing through the villages and tho towns nearby always attracts attention. Likewise the Morrow estate is one of the show places ot Englewood. Tho late Senator Dwight Morrow was the city's favored son. His family is familiar to nil. Par-1 ticularly arc the Lindbergh's familiar there an tho young airman's'marriage to Anne Morrow practically made him resident of Knjrlewood.

Breaking Routine Brought About Abduction Me-mberj of tie family today were grief stricken at the thougM the customary routine of the family had been broken, thereby bringing about abduction of the child. "Oh, if we had only soac to mo. r'f." Mrs. Undbersh was quoted as 316-318 Main Street, Dunkirk, N. Y.

$12-50 Fine worsteds skillfully hand tailored in single breasted two-button models for men and young men. One or two pair trousers. Colors are the new shades of browns, tans, greys and blues. Sizes 34 to 44. New Topcoats Ultra smart double breasted box coats also Raglans.

Fancy mixtures in prey or tan also the popular ox grey coats that fit well, give long service and complete satisfaction to the wearer. Men's and young men's sizes. A checkup of present and recent tmrtpvoji made j-tslc-rday by police TM Mid by tlie authorities to hire that group ot The Mew Hats for Spring Finer and Better Values at $1.95 to $3.50 This season we have grouped our hats into three- price ranges. Each group represents a true value in itself. The styles this season include the ever popular roll or snap Hi brim in spring colors, pearl, topaz, brown, tan, silver.

Every hat is silk lined. FLACCID TRAIN IN PAJAMAI Gnrlcy, Xeb. --(UP)-- Creet, station ajwnt. dad in a train to a t'of a few i Tom a brokti'rail. The break wag Usoorcrcd few mhiuteti tke lilRlit train arrived.

411 not Jiatc lime to dnw. JOO DADS ATTCND tQDV SCHOOL Detroit (ITP)-- Ac part of Uwr 9n Week nere, JM tat en atteadM tcVnt will Skclr MM at The fathtrt tU nanw wlta Uwir M4 rtcited MWM ni arttkvefle, FITTED SLIPS OF 1FRENCH CREPE $1.00 -Bias cut and fitted silk slips in pink, tea rose and white. Lace top and bottom. Sizes 36 to 50. This is an unusual value at $1.00 PURE SILK CREPE SLIPS special $1.69 New all bias slips of pure silk crepe with no-fall shoulder straps.

Beautifully lace trimmed top and bottom. Straight or neck effect All pastel shades. FINE COTTON SLIPS Women'c cotton slipe of fine quality in white, pink and all paatel A very quality at this low prict..

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About Dunkirk Evening Observer Archive

Pages Available:
178,577
Years Available:
1882-1950