Brownsville herald. [volume], February 17, 1929, Page TWELVE, Image 12

About Brownsville herald. [volume] (Brownsville, Tex.) 1910-current

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STOCKS DROP
On pressure
CREDIT CUTS
■ * J _
I Move of Federal Re-|
serve to Reduce Spe- j
culation Felt In
Day’s Trading
NEW YORK, Feb. 16.—The
, stock market again retreated today
befora the apparent determination of
►. tbf* federal reserve system to re
duce the amount of credit available
for speculation. Selling orders
poured into the market throughout
' the shrot session, and dozens of is
sues receded to the lowest levels of
th« year.
The Associated Press price indices
of SO leading industrials and 20
leading rails were depressed to new
Jotf levels for the year, and the
index or 20 utilities lost more than
3 joints. The volume of trading w as
fgtrly heavy for Saturda .ytotal sales
falling just short of 2,500,000 shares.
The continued liquidation was in
’ t^U face of generally favorable week
ly trade and busines reviews, report
ing automotive manufacturing at a
record level for this time of year,
and Steel mill operations averaging
frpm 85 to more than 90 per cent of
capacity, with steel prices tending
u|mrard.
The selling was augmented by the
apparent desire of a number of com
mission houses to cooperate with the
federal reserve in stabilizing credit.
The jump in the call money rate to
10 per cent yesterday demonstrated
that surplus credit has alrealy been
sharply curtailed, leaving the money
f market iu a highly sensitive con
j dition.
The federal reserve has biven no
indication as to how much credit it
I believes must be liberated before the
caedit structure will be returned to
a sound footing. In the meantime,
the technical position of the market
has been improved, and an unusually
large short interest has developed,
which wil serve as a cushion for fur
ther declines.
Radio (old stock) which sold as
high as 420 late in 1928, tumbled 21
points to 335. The new stock touched
a new low at 68 5-8 .
American and foreign power and
American power and light, strong
point yesterday, sold off about 5
points. Atlantic coast line, Barns
dall B, Greene Cananea, Montgomery
Ward and National Bellas Hess lost
4 to 5 points. Such issues as Amer
ican Telephone, Consolidated Gas,
U. S. Steel, New York Central, and
American Can lost about 2 points.
The motors held barely steady,
Chrysler and Genera! Motors losing
about a point each.
Among half a dozen strong spots
was Peoples Gas. which mounted
7 1-2 points to a new peak, and Pierce
Oil preferred which jumped about 11
points to a new top.
Foreign exchanges sagged, the Ca
| nadinn dollar dropping to another
new low for the year just under
Pi 5-8 cents. The franc touched a
new low for the year at 3.90 7-32
i cents.
L —-— ~ . ■’ - .
QuiofTfus
HjEAmT
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Vitamines A and D, obtained 1
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I TEXAS BUILDING & LOAN
I ASSOCIATION
H| * I
|; Levee and Eleventh Streets
Ip Brownsville, Texas
IBb \
■ v
-■ -
* V . ■
Activities
Troop Nq. 3 Meets
Troop No. 3 entertained their par
ents and friends a their troop head
quarters at the First Methodist
church Friday evening. There were
23 parents and friends, 28 scouts,
five applicants and three troop of
ficials. The following program was
presented.
Triangular Bandaging, by the Blaz
ing Arrow and Eagle patrols.
Knots and their uses, Assistant Pa
trol Leader Lencho Cayanes and
James Truss.
Roller Bandaging, Patrol Leader
E. T. Yates and Mikey West.
Head Bandaging, P. L. Thomas
Sweeney.
Eliminating knot contest: Biasing
Arrow patrol first, Eagle patrol sec
ond, and Fox petrol, third.
Short eddresses were mede by
Judge George. Judge Yetes, Mr.
Washington, Mr. Sweeney Mr. Dud
ley, Lee Vance and Mr. Keller, after
which ell were served with a lunch by
the Eagle patrol. Meeting adjourned
at 9:30.
Second class tests were passed dur
ing the past week as follows:
B. Barber, 16 points of the com
pass. T. Barber, signaling, tracking,
fire making, cooking, and compass.
R. Blanton, fire making, cooking and
compass. F. Celaya, fire making and
cooking. L. Ceyanes, cooking and
signaling. H. Crow, cooking and sig
naling. C. Dudley, fire making and
cooking. R. Dunkelherg, fire making
and compass. J. Dutro, compass.
J. C. George, compass, H. Keller,
tracking, fire making, cooking and
compass. B. Maguire, fire making
and cooking. F. Mather, tracking,
scouts pace, knife and hatchet, fire
making, cooking, thrift and compass.
C. Storms, tracking, fire making,
cooking and compass. L. Shults, com
pass. J. Truss, fire making and
cooking. M. West, fire making and
cooking.
Saturday, Feb. 23, will he a father
and son hike led by Mr. Dudley.
Scouts will do the cooking.
Robert Blanton, Scribe.
TROOP FOUR
Troop Four of the First Baptist
church met at its regular meeting
Friday night. After the roll call
Scoutmaster Clegg gave Buford Bee
son his tenderfoot tests and William
Miller second class first aid. These
tests were given before tho scouts’
parents. After this some of the boys
played * f«w frame** Mark Mackles
gave a violin solo which was well re
ceived.
A supper for the parents was pre
pared with the assistance of Mr. and
Mrs. Ewing D. Clark, which was very
much appreciated. After the supper
a short talk was given by Scout
master Clegg. The parents had some
talks between themselves about the
way the troop was progressing and
expressed their appreciations. Scouts
participated in a few more games and
then gave the Scout Oath for dis
missal.
William Miller, Scribe.
Troop No. 1 of the local Boy
Scouts held their weekly meeting at
the Presbyterian church Friday
night. In addition to the meeting,
a banquet was given to the parents.
Moat of this supper wan cooked by
the Scouts. Vriah Stegman acted
as. first class cook and dishwasher
and Lorenaa Collins wa» potato king
and practical joker while Wilbur \
Washington war. potato peeler and a
first class maid.
Mr. and Mrs. King. Mr. and Mrs.
Bell and Mis Shires saved the day
by their recipesasd cooking ability.
Walter Washington and Sarah
Stegman gave a fine exhibition of
signalling.
Edgar Brown and Harry Kowalski
showed the parents the art of rope
making.
Dale Harrison tied and explained
several knots for the visitors.
Howe Morrow and Wilbur Wash*
ington practiced first aid on Read
Beeson before the parents, explain
ing to them what each bandage was
and what part it played.
Mr. Gotke and Mr. King ma.le
short talks on scouting. Mr. Brown
brought up the idea of collecting
funds for the barracks at the Boy
Scout camp.
A few of the Scouts stayed after
the meeting and cleared up the
place.
Scout meeting next Friday night.
Be there.
Reed Beeson, Scribe.
DISMANTLE still
WICHITA FALLS. Feb. 16.—UPk—
Clay county officers today dismantled
a still on the Williams ranch in a
barn beneath which the bodies of
two men were found yesterday. The
coroner at Henrietta found that death
was “due to carbon monoxide poison
gai.” but officials continued their I
investigation.
One of the men. J. I. Williams, was
to be buried here today. The other,
L. B. Gross, will be sent to Mill
Creek. Okla.. for burial.
Clockmakers Old Record
Revives Guerrero Piece
ROMA, Tex., Feb. 16.—Modem
business men, with all of their
expert filing systems, card indexes
and similar contrivances have
nothing on the old French clock*
makers in this particular.
A Herald correspondent was in
Guerrero recently and was struck
by the oddity of the city hall
clock which strikes the full hour
every quarter. There are three
belts in the clock tower, one
above the other. Every fifteen
minutes the top bells chime a
warning by three distinct sound
and then the lower bell sounds
the hour by striking the full count.
Last year, acording to Rafael San
Miguel, vice consul of Mexico at
Zapata, Texas, the chimes quit
functioning and on investigation
■. ..—.. - - .— ...
it was found that a part of the
machinery had worn out.
Mr. San Miguel, a native of
Guerrero, Mexico, who prizes the
odd old clock, investigated the
maker’s name and date of manu
facture and found that a firm in
Paris, France, had made the clock
in 1860. He sent the number of
the clock, date of manufacture and
the number of the broken part to
the address on the face of the
clock and in less than thirty days
the part was sent and placed in
the machinery of the clock which
sounds its musical chimes as mer
rily as of old.
The firm was still doing bus
iness at the same old stand in
Paris and the part was replaced
with dispatch. They had kept the
record straight for 68 years.
Texan On Legion
Defense Board
INDIANAPOLIS, Ind., Feb. 16.—
Announcement has been made by
Paul V. McNutt, national commander
of the American Legion, of the ap-i
pointment of the Legion’s national
defense committee for 1929. The
committee was approved by the na
tional executive committee recently.
This is one of the important na
tional executive commitees of the
Legion as it is charged with the
promotion of the Legion's program
for an adequate defense for the na
tion.
Ever since it has been organized
the Legion has urged that this coun
try maintain an army and navy of
sufficient strength to give full pro
tection in the event of a national
emergency. Eleven appointments
were announced by Commander Mc
Nutt and included Claude V. Birk
head of San Antonio, Albert L. Cox
of Raleigh, N. C., was named chair
man.
The Legion has given major at
tention to national defense in re
cent years because of the bitter at
tacks that have been made on pre
paredness by radicals and pacifist
organizations. The Legion is anx
ious that peace be maintained among
the nations of the world at ail times
but it is firmly convinced that this
can not be done by weakening our
military establishment. The outbreak
of the World War in 1917 found
America unprepared to meet the
emergency and it was many months
before we were able to send an army
to the front. The American Legion
believes that the nation should profit
from this costly lesson and never
again be found unprepared.
One of the big objectives of the
Legion is enactment of a law, pro
posed by the Legion, which has be
come known as the Universal Serv
ice Act. This law would provide the
nation with an adequate national de
fense and would art as a peace in
surance as well. Enactment of this
measure, the Legion believes, would
be a big step towards a permanent
peace.
Train Casualty
List Only Seven
MEXICO CITY. Feb. 16.—(/P)—The
newspaper Excelsior In its nfternoon
edition today reported that one
women passenger was killed and that
two other passengers and six sol
diers were wounded when a train
was dynamited yesterday near Yure
cuaro. Michoacan.
Previous reports had in some in
stances estimated the death list as
high as fifty.
Troops are pursuing the assailants
of the train.
KILLED IN CRASH
PALESTINE, Texas, Feb. 16.—<jpk
—Mrs. Ernest Worley, 35. was killed
today when the automobile in which
she was riding collided with an
other.
Mr. Worley, two other men and
Mrs. Worley’s baby received minor
bruises.
Red Cross Board
Elects Officers
At the first meeting of the new
board of directors of the local Red
Cross, held in the chamber of com
merce Thursday afternoon, Sherwood
Bishop was elected chairman for the
coming year. Other officers are
Mrs. J. K. Wells, vice chairman; Joe
Celaya, Jr., treasurer; and Miss
Julia O’Brien, secretary. Mrs. E. G.
Holliday served as temporary chair
man during the election. -
Committee chairmen named at the
meeting were George Mansur, home
service; Mrs. H. M. Skelton, produc
tion; J. M. Stein, publicity; and
Mrs. E. G. Holliday, home nursing
service. A. Wayne Wood was ap
pointed chairman of the roil call for
the coming year.
Old Newspapers
Given to Society
CANYON, Tex., Feb. 16.—(A*)—J. R.
Gaut and Mrs. Ida Gaut of Amarillo
have presented the Panhandle Plains
dated in the nineties. One, The
Western Advocate printed at Am
arillo with J. R. Gaut as editor and
L. Gaut his associate, is dated May
18, 1899. Names appearing in it
which are yet familiar to this region
include those of the late Mayor Lee
Bivens, and P. H. Seewald of Am
arillo, L. G. Alexander of Memphis,
Troy Womble of Hereford, Judge
C. F. Kerr of Dimraitt, and J. T. Ser
vice of Canyon.
The other paper, dated May 19,
189:5, The Canyon City Headlight,
also was published by J. R. Gaut. It
tells of a trail herd being held up for
trespassing as its boss attempted to
cross the T Aanchor pasture. Adver
ti-cments of harness, wagons and
buggies occupy the positions now oc
cupied by autos. Two advertisements
of the T Anchor saloon would seem to
indicate this was a prosperous patron
of the newspaper.
COMPLETES sTyEARS
AS DEPUTY MARSHAL
Harold Jeffords, deputy U. S.
marshal, bad a quiet celebration
Fcbryary 12, the tenth anniversary
of his appointment as deputy U. S.
marshal for this district.
The marshal was born in Cam
eron county, near Santa Maria, and
for a number of years worked in the
border cow camps. Ho was appoint
ed deputy sheriff in 1915, and plac
ed in charge of the stock district
with headquarters at Anaquitas
ranch. On February 15. 1920, he
was tendered the appointment of
deputy marshal.
SAN ANGELO HIGH IS
WINNER IN DIST. 18
SAN ANGELO. Tex.. Feb. 16.—|
—San Angelo high school won the
District 18 basketball championship
today, defeating Christoval, Tom
Green county Class B champions, 28
to 22, in the district final.
. .. ■'——-—
Best For Building
p ■
Our hard seasoned lumber is just
the sort of wood you need for that
new building. Cut in a variety of
sizes, it is strong and hardy, to in
sure you satisfaction. Our stock is
complete and regardless of what
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* i *
Build Your Own
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EAGLE PASS
LUMBER CO.
OPPOSITE COURTHOUSE
BUILDING MATERIAL OF ALL
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Coolidge Sends
Condolences To
Widow of Stone
WASHINGTON. Feb. 16.-<AV
President Coolidge today sent tele
gram of condolence to Mrs. Melville
E. Stone, upon the death of her hus
band, counsellor and retired general
manager of the Associated Press:
The president*s mesage read:
ul have learned with deep regret
of the passing of your distinguished
husband, who was for so long the
head of The Associated Press," Mr.
Coolidge said. “We largely owe to
his genius and enterprise our modern
Methodist of collecting and distribut
ing news. This quick interchange of
news has been the greatest value in
bringing the various nations of the
world into closer and more har
monious relations. Mr. Coolidge
joins me In sympathy for you and the
members of your family.”
Iron Trade Heavy
In Beaumont Port
• ^_________
BEAUMONT, Tex., Feb. 16.—%
Difference in the phosphorus con
tent of American Iron and that mined
and manufacturde in India, Japan and
far east is reported responsible for
a iarge shipping trade through the
port of Beaumont. Indian iron, due
to its lack of phosphorus contents, is
much softer than the American prod
uct, and ia mixed with domestic iron
for manufacture of oil field supplies
and other machinery where a lack of
brittleness is essential.
In return thousands of tons of
scrap iron is shipped through this
port to the far east, where it is used
to mix with the soft native product
for producing a high grade iron.
A shipment of 800 tons of Indian
pig iron, the second to reach here
in a few months, has been unloaded
for distribution to foundries in east
Texas and Western Louisiana.
A cargo of 6000 tons of native
(•crap iron is being loaded for ship
ment to India and Japan.
r ~i,fr' ~
COTTON NETS
6-POINT RISE
General Advance Fol
lows Heavier For
eign Buying
1
NEW YORK. Feb. 16.—CflP)—An
opening advance in response to rel
atively firm Liverpool cables was
followed by reactions under renew
ed liquidation in cotton today. Of
ferings were light and prices firmed
up again on trade buying and cover
ing. May contracts, after selling off
from 20.06 to 19.97. advanced to
20.07 and closed at 20.06. The gen
eral market closed steady at net ad
vances of 6 to 9 points.
The opening was steady at an ad
vance of 6 points to a decline of 1
point. Most months were higher on
the advance in Liverpool. Compar
atively small initial demand was
soon supplied by continued liquida
tion and Wall street selling, which
probably was promoted by the un
settled stock market.
Prices eased under these offer
ings. March sold off to 19.91 and
the new October contract to 19.40. or
back to about yesterday’s closing
quotations. Buying promoted by
firmness abroad continued, however,
offerings tapered off at the decline,
and the market firmed up in the late
trnd'.g on moderate demand.
March advanced to 20.01 and the
new October contract to 19.50, mak
ing net gains of about 8 to 10 points.
The close was within a point or two
of the best. Unfavorable reports
from the British goods market, was
offset by the strength of the raw
material in Liverpool and rather a
favorable opinion of the week-end
reviews of the cotton goods trade
here.
Cotton on shipboard awaiting
clearance was estimated at 159,900
bales against 120,400 last year and
182.000 two years ago.
I
Matamoros Cafe
. Serves the Best
< dine Wad Game
* IN # And .
Mrvirn Mexican Dinners
MfcAlCU Prepared by our
Opposite Hungarian Chef^
Brownsville Free Auto Parking
4 r On our own grounds j
Mexican Entertainers
During Meals
We Take Care of Our Customers
Mrs. Emma Leonard, Proprietor
| A Frank Message
To Cotton Farmers
T| I
Much talk has been heard in the Valley /
I during the past season about the advant
ages of planting “short-staple,” and ‘‘Half
and Half” cotton. Since many farmers in
the Valley are new-comers and not fully
acquainted with conditions affecting cot
ton, much harm has been done by unfound
ed claims of larger yields and better prices.
The Valley has long been noted for the
splendid quality of staple cotton produced
in this section. Acala, Mebane, Lone Star
and Bennett have been standard varieties
for many years. They have established
'* that reputation and maintained it season *
after season, returning to cotton farmers a
splendid profit.
The farmer who attempts to stretch his
profit has one chance of spectacular suc
cess to many chances for dismal failure. He
is apt to find that while his lint return may
be greater, it is more than off-set by his
penalty in price for shorter lint and iy the
smaller seed return. His market is less
stable. Very often, his profit is far less.
Play Safe. Plant Standard Certified Seed.
Any of the above . .. Acala, Mebane, Lone
Star or Bennett or other like varieties will
produce a sure, profitable crop. Why take
a chance?
Present indications point to an unusually
good price for early cotton. The outlook
was never better. Plan now to plant more
cotton—make more money. Remember
that Cotton pays the bills.
I Rio Grande V alley Ginners
Association
1 — — —
Todays Radio Features
Sunday, Fab. IT
-- (Cantral Standard Time\
« «*_A«*k>-Fer»!ani Gay Malaaga—WJZ KDKA WtW WJR KYW
§,**”k"v K WRKV WTiJ KSTP WEBC KOA KSL. KPO KFI KGO K11Q
I oo—Theater*ot'tba Air; Faanla Brie*-WABC W,ADC, WKRCJWTOHP
WBBM WO WO KMOX KMBC £OIL WSPD W WCCO KTA
KMTR KKX KJR KOA WDOD WBRC W'REC KJLZ KDTL KFJP
KFH KTSA W1SN WDSU KRLA „„
• jt * u Hour- Sophie Brtiltu^WKAF WOT WTAM WWJ WON KSD
WOWKVOt) WFAA KPRO WOAI W8M W8B KSTP KCA KPO
KGO KFI KGW KOMO KHQ WKT
9• i£—4’1iaroDi<>T>st* orcbcttn Program—VV LAF WOT wv\ J WTAM *»OC I
wow kstp wtmjkoa whas wmc wsb wfaa KPRC WOAI
WLS WEBC WKY KPO KGO HOMO KUO KFI KGW
▼ ALL It RADIO .J
KWWG—Vallay Radio Station
Brow ns*me
4:00-5:55 p. m.—Associate * Press dispatches and Valley news from
The Brownsville Herald, followed by musical numbers. I
6:55-6:00—World Bookman, popular radio feature.
6:00-7:00—Musical numbers.
—
SUNDAY
11:00-110 a. m.—Musical numbers and studio specialties. f
11:00-11:30—Popular and semi-classical selections from the
Capitol theater organ by remota control.
11:55-12:00—Local and general weather forecast and bulletin on
Rio Grande.
1
#■■—■—111 I I 55£S~M— -
I IN YOUR CONFIDENCE , <
i LIES OUR STRENGTH *
The strength of V ' bank is not truly measured |
by the time-locks that safeguards its depositors* j
funds—but by the confidence of those it serves. For
thirty-eight years this instittuion has been a consist
| en* builder of confidence.
Your confidence too, will be justified, if you
will make the fullest use or ^ur complete modern t
service.
Your requirements will be met with prompt,
~tcous attention by even* officer and employ \ ‘
4% Interest Compounded Semi-Annually,
Paid on Savings Accounts
| First National Bank
■| Brownsville, Texas
| “THE FRIENDLY BANK”
|| Oldest Bank in the Rio Grande Valley
I La Joya Gravel Co. I
INCORPORATED I
MISSION. TEXAS BOX 554 I
I.' - ■ .Bs~sir 1— '■ -r-rr-.ari
J. S. FORD & SONS
REAL ESTATE INSURANCE
RENTALS . LOANS
Brownsville, Texas
Dependable Prompt
BROWNSVILLE TITLE COMPANY
Brownsville }
Complete abstracts of title to lands in Cameron
County, Texas
| GEORGE B. SIMPSON COMPANY
Certified Public Accountants
Brownsville San Antonio Washington
(Successors to: Simpson, Chenault, Carneiro
Sc Company)
^ - gmw ■. „ . WT
Real Estate Investments
CHARLES REID r
Seabury-George-Taylor Bldg. 9th and Elizabeth
__
PERRY L. KING & CO.
AUDITING—GENERAL ACCOUNTING
INCOME TAX SERGIO! System* Organisation and
Statistical Reportn Business Control
Travis Building Nixon Building
San Antonio, Texax. Corpus Christ!. Texas.
Ea CORDIAL INVITATION |
[tended to the public to visit onr plant and Inspect the carefal
horongh tasting methods in use which assart only pipa of tha ji
•t quality being delivered to the purchaser.
For complete information address Owen M. Combe,
District Sales Manager \*g,
GULF CONCRETE PIPE CO. jAS
P. O. Box 1051—Brownsville, Texas.
Plant located at Blalack Switch on Highway.
Tha Pioneer Concrete Pipe Manufacturers of Texas.
>ncrete Pipa for Irrigation, Drainage and Sewer 8yatema.