The Macon Telegraph from Macon, Georgia (2024)

NEW YORK STOCK QUOTATIONS High, Low. Close. 53 51 73 70 51 49 5 58 36 16 15 41 39 6 5 5 5 9 16 16 22 4 3 3 3 10 35 39 24 231 23 71 12 24 43 42 5 5 5 35 47 48 28 28 28 114 1 35 17 214 15 15 15 15 22 13 13 3 13 12 51 5 14 14 54 54 3 2 15 15 15 13 13 21 7 7 15 27 27 27 4 10 14 14 33 53 50 16 16 23 21 21 21 18 18 203 19 20 31 13 13 44 3 3 3 5 6 13 13 37 35 37 8 18 13 13 22 21 13 18 105 105 3 12 3 Sales. Air Reduct 13 Al 76 Am Can .175 Am For 27 Am 2 Rad Std 8. 67 Am 26 Am Sug Am Sum Am ..181 Am Tob 88 Anaconda 43 Atch ...104 Atl Cst 1 Atl Refin 28 Auburn Auto 39 Aviat Corp 28 Baldwin Loc Balt 29 Barnsdall 14 Bendix Avia 8 Beth Steel 29 Borden 33 Briggs Mfg Burr Ad 6 Calumet Hee.

Canada A. Canada Pac 47 Case Ches 85 Chrysler ...120 Coca Cola 15 Colum 61 Colum Carb 4 Comi Solv 26 Comy tO do pfd tO Con Laund Cont Can 58 Corn Prod 22 Cudahy Pack Curtiss Wright. 14 Curtiss Wr. A. 3 Drug Ins 59 Du Pont De N.

97 Eastman Kod 11 El Auto 8 Fox Film A 13 Gen Am 12 Gen Asphalt Gen Elec 117 Gen Foods 37 Gen Mot 121 Gen Pub Svc Gen Ry Sig Gillette 17 Glidden Co Gold Dust 12 Goodyear 24 Hershey Choc Houston Oil Houston oil nw Howe Sound Hudson Man. Hupp Mot Illinois Cent 15 Inspirat Cop Int Bus Mach 21 Int Harvest 82 Int Nick Can Int Pap Int Salt Int Tel Tel. 94 Jewel Tea Kan City Sou Kelvinator 11 Kennecott 30 Kresge Kreug Toll 34 Kroger Groc 11 Lambert Lehman Ligg My 23 Liquid Carb 16 Lepw's 29 Loose Wil Bis 1 Lorillard 10 Louisv Nash 12 Mack Trucks 16 Macy (R H) Manh Shirt Math Alkali May Dept Strs. McKeesport Miami Cop Midland Stl Mo-Kan-T do pf Mo Pac Montg Ward ..167 Murray Corp Nash Mot Nat Biscuit 23 Nat Cash Nat Dairy Pr 46 Nat Pow Lt. 10 Central 97 H.

11 Noranda Mines 26 Norfolk 3 No Am 11 Northern Pac 39 Otis Elev 3 Otis Stl 25 Packard Mot 20 Param Publix .173 Penney (JC) 11 Penn RR 43 Phillips Pet Procter Gam 12 Pub Sve 15 Pullman 22 Pure Oil Radio Radio-Kth-0 Rem Rand Repub Sti 15 Rey Tob 36 Rich Oil Cal Rossia Ins 12 Royal Dut 2 St Jos Lead St L-San Seaboard Air Seaboard Oil 16 Sears Roeb 35 Seneca Cop Simmons Socony Vac 41 South Pac 90 Southern Ry 18 do pid Sta Brands 26 Std Oil 21 Std Oil 3 Std Oil 62 Stewart Warn Stone Texas Corp 29 Tex Gulf 15 Tide Wat 5 Timk Det 1 Timk Roll 5 Transamerica 63 Tri Cont Corp. 21 Un Carbine 60 Un Oil 8 Un Pacific 163 Unit Aircraft ..325 Unit Bis Unit Carbon 2 Unit Cigar 00 United Corp 48 Unit Fruit 5 Unit Gas 45 8 Ind 26 Steel. do pid 66 Vanadium 17 Va Car Wabash Ry Warner Piet Wesson Weat Un 29 West Air West 58 Willys Over 9 Woolwerth 49 Yell Youngs 14 2 2 22 13 13 28 20 4 5 5 5 3 3 5 6 27' 4 4 7 1 18 18 6 7 3 75 738 17 15 7 14 13 13 13 30 29 30 3 3 14 8 8 15 21 20 3 31 3 274 12 12 23 23 10 10 64 24 22 24 16 16 16 11 11 11 81 22 1 23 26 10 10 10 418 13 13 13 66 62 66 55 3 55 11 11 7k 64 63 1 12 12 12 267 13 13 13 25 4. 35 33 3 314 Total today 748.550 Previous day 1.093.071 Week ago Holiday Year ago 1,803,270 Two years ago 1,591,020 Jan. 1 to .403.644,287 Year ago .533.376,771 Two years ago 751,991,022 STOCK AVERAGES (Copyright, 1932, Stand.

Statistics Co.) 50 Ind Dec. 1 51.4 Prev. day 49.9 Week ago 52.5 Month ago 51.8 Year ago 72.5 3 years 5 years High, 1932 72.3 Low, 1932 35.1 High, 1931 ...140.2 Low, 1931 60.0 High, 1030 ...202.4 Low, 1930 ..112.9 20 20 90 RR's Ut's Total 25.9 85.5 53.4 25.1 84.0 62.0 26.3 86.3 54.4 26.4 85.0 53.7 38.9 113.1 74.5 132.2 199.4 166.1 121.8 126.1 113.2 39.8 111.0 73.9 13.2 51.8 35.0 107.2 203.9 144.3 30.8 92.8 61.3 141.6 281.3 205.8 86.4 146.5 114.7 INVESTMENT TRUSTS NEW YORK, Dec. 1 (P)-Over the counter market. Investment trust securities.

Bid Asked Corporate Trust 1.60 Div. Trust shares A 6 Do Do Do North Am. Trust shares 53 1.68 Do 55 1.75 1.95 Do 56 1.75 1.95 NEW YORK BANK STOCKS Bid Asked Chase National 33.6 34.2 National City 42.6 43.2 Guaranty Trust 309 311 COTTON MARKET HAS ERRATIC DAY WITH PRICE RALLY COMING LATE Advance in Wheat and Cheerful View of European Sit- MACON SPOT COTTON uation Give Strength Middling, staple 6c NEW ORLEANS, Dec. 1 (P)-Cotton was erratic today gaining momentum after a very quiet morning. Prices rallied during the afternoon on a sharp advance in whet and a more cheerful view of the European war debt situation.

The close was barely steady with prices unchanged to 1 point up. The market opened a shade easier. Liverpool cables were 1 to 2 penny points lower than due, but sterling was firmer. First trades were 2 points down in sympathy with cables, but prices rallied 2 to 4 points on short covering only to ease on lack of support by the end of the first hour, January trading down to 5.77, March to 5.84 and May to 5.94, down 5 to 7 points compared with the previous close. Later values rallied and before the demand was supplied active positions made new highs at 5.88 for January, 6.01 for March and 6.10 for May, or 11 to 17 points up from the early lows.

In the late trading prices turned easier on hedge selling, losing 6 to 10 points. January closed at 5.82. or net unchanged for the day, March at 5,91, up 1 point net and May at 6.01, net unchanged for the day. NEW YORK COTTON NEW YORK, Dec. 1 (P -Cotton fluctuations were Irregular today and with trading relatively quiet the market was responsive to moderate orders either way.

Southern hedge selling early in the day and again at the close caused reactions, but at other times offerings were not large and rallies occurred on trade, Liverpool and local buying. March contracts closed at 5.92. The general market closed barely steady at an advance of 1 point to a decline of 2 points. The market opened 1 point higher to 3 points lower. After the market had sold off 5 to 9 points from the best and to net losses of 6 to 8 points, Liverpool buying on differences and some commission house demand caused a steadier undertone.

Hedging increased toward the close and prices eased 9 to 11 points. Liverpool cables reported selling from the continent, local sources and Egypt, but this was offset by an advance in sterling. LIVERPOOL, Dec. 1. (7P)-Cotton, 000 bales including 9,300 American.

Spot in fair demand: prices 10-16 points lower; quotations in pence: American strict good middling 5.98: good middling 5.67; strict middling 5.42; middling 5.27; strict low middling 5.12; low middling 4.97; strict good ordinary 4.77; good ordinary 4.47: futures closed steady. Dec. 5.03; Jan. 5.05; March 5.07; May 5.09; July 5.10; Oct. 5.12.

DAILY COTTON TABLE Port Movement Mid. Rec. Sales Stock New Orleans 5.90 2.622 6,701 1,080,707 Galveston 5.80 7,260 400 932,300 Mobile 5.65 655 62 157,007 Savannah 5.87 456 585 185,188 Charleston 237 89,376 Norfolk 6.00 306 129 57,244 Wilmington. 488 27,114 Baltimore 2,050 New York 5.95 2,412 201,828 Boston 13,617 Houston 5.70 8,484 12,145 1,721,417 Corpus Ch'ti 409 Minor Ports 158 237,280 Total today: Receipts 21,084 exports sales 22,434: stock 4,797,781. Total for week: Receitps exports 259,797.

Total for season: Receipts exports 3,107.027. Interior Movement Mid. Rec. Sales Stock Memphis 5.55 10,224 20,453 492,947 Augusta 5.98 633 186 118,248 St. Louts 330 267 Fort Worth.

5.25 2,984 Little Rock, 5.5% 680 1,026 69,338 Atlanta 5.85 Dallas 5.40 8,578 Montgomery 5.60 Total today: Receipts shipments sales stock 800. MEMPHIS COTTONSEED MEMPHIS, Dee. 1. (P)-Prime cottonseed futures closed quiet. Closing bids V.

O. B. Memphis Dec. 8.75; Jan. 10.30: Feb.

11,00: March 11.90; April 12.00: May 12.00; June July 12.50. Bales b0. Cottonseed meal (41 per cent) futures THE MACON TELEGRAPH: FRIDAY MORNING, DECEMBER 2, 1932 MARKET FOLLOWS POUND RECOVERY Share Prices Move Higher in New York, Gains of 1 to 3 Points Being Common NEW YORK, (P)-A good rally by wheat coincident with further recovery of Sterling exchange found the stock market responsible today and share prices moved higher. Trading was hardly animated, but the tone was better throughout virtually all the session, with the result that net gains of 1 to 3 points were fairly numerous. Sales totaled 748,550 shares.

Steel issues were rather sluggish. Steel common's net advance of half point fell considerably under the average gain for industrials, although the senior issue was up a couple of points. Case and Harvester reflected the stronger grain quotations, while American Tobacco recovered about half its Wednesday loss. Rail displayed littie enthusiasm. However, Santa Fe rose more than a point and Union Pacific around 2.

Foreign currencies on the whole were steady to firm. Foreign bonds improved. Bond Quotations NEW YORK, Dec. 1. (P)-The bond steadied today under the cheermarket of another sharp rally of ful influence British pound sterling and a subthe stantial rebound of wheat prices.

The foreign department made the best showing of the day with gains ranging from 1 to 01 or more points in a number of issues allied with the united kingdom. A few of the -priced railway liens came back with advances of a point or more. The United States government list turned active in late trading with liquidation in the treasuries. Sales totaled $8,588,000, par value, the average for 60 domestic corporate bonds however, was up only one-tenth of a point. Rallies of about a point were held by obligations of Argentina, Canada and Germany.

Railway liens that recovered 1 or more points included some of Allegheny Baltimore and Ohio, and Southern. The utilities and industrials were 8 trifle irregular. Paramount Famous Lasky and Paramount Publix loans dropped more than a point. Federal bonds were dull most of the session, but uncertainties regarding new treasury financing brought out a larger volume at lower prices in the last hour. Declines ranged from 1-32nd to 8-32nds of a point.

GOVERNMENT BONDS NEW YORK, Dec. 1. UP)-Today's closing prices of U. 8. government bonds follow: Maturity Closing Date Price Liberty 32-47 101.28 Liberty lat 32-47 102.7 Liberty 4th 33-38 103.16 Treasury 47-52 107.29 Treasury 46-56 102.4 Treasury June 40-43 101.6 Treasury 43-47 100.27 Treasury 41-43 101.0 46-49 97.25 Treasury 3s 51-55 96.11 FOREIGN Maturity Closing Date Price Arg 69 57 43 Australia 5s 57 72 Belgium 78 56 101 Brazil 57 Brazil 57 British 37 French 7s 49 Ger Rep 7s 49 Italy 78 .1951 Japan 54 Poland 88 50 DOMESTIC Alleghany 59 50 Am Foreign 5s .....2030 Am 58 65 8 Gen 48 95 Balt 33 61 Beth Stl Pm 58 36 93 Bklyn Man Trans 68 68 86 Can Pac Deb 4s 63 Ches Corp 58 47 Chen Gen 92 95 Chic Ill 58 51 77 RI Rig 48 34 27 Chile Cop 58 47 31 Con Gas NY 45 Cub Cane Prod 65 50 Con 4s 36 Dodge Bros Dem 6s 40 87 Erie Rf Imp 5s 75 25 Fla Cst 55 74 Gen Mtr Accept 6s 37 Goodyear 58 57 78 Gt4 North Ry 7s 36 Hudson Coal 5s 62 40 Hud Man Adj Inc 58 57 49 Interb Tr Rig 5s 66 Int Cvt 39 37 Midvale Stl Cvt 58 36 91 Mom Pac Gen 75 NYC RI Imp 5s .......2013 45 NY Cvt Deb 6s.

48 Nort West Con 96 Nor Pac 6s .2047 70 Penn RR 63 75 Seab A Con 65 45 3 Sou Pac 68 South Ry Con 5g 94 South Ry Gen 4s 56 Bell Tel 5s 54 NJ Deb 58 46 Un Pac 67 84 Rub 58 47 40 Western Elec 58 44 Western Union 55 51 Total sales 8,588,000 Previous day 7,306,000 Year ago 14,078.000 Two years ago 8,695,000 Jan. 1 to date .2,730,475,000 Same year ago 2,771,553,000 Same two years ago 2,552,105,000 BOND AVERAGES (Copyright, 1932, Stand. Statistics Co.) 20 20 20 60 Ind RR's Ut's Total Dec. 1 62.6 60.9 81.5 68.3 Prev. day 62.6 60.8 81.3 68.2 Week ago 62.6 62.1 81.9 68.8 Month ago 62.7 64.2 81.9 69.6 Year 72.6 74.4 88.4 78.5 years 89.4 102.2 99.2 96.9 3 years 92.5 105.0 98.4 98.7 High, 1932 71.3 78.0 86.2 78.1 Low, 1932 53.2 47.4 70.9 57.5 High, 1931 90.4 105.7 101.5 98.4 Low, 1931 62.3 62.3 80.2 69.5 High, 1930 94.9 109.8 101.4 101.9 Low.

1930 83,8 97.3 96.6 92.6 CURB MARKET NEW YORK, Dec. 1 UP on curb market moved moderately higher in quiet trading today, Transfers approximate 140,000 shares against 000 yesterday. Electric Bond and Share gained A substantial fraction, coincident with the firming of prices on the big board. American Gas and Electric was up about a point. Deere and company, reflected the advance in Chicago wheat prices, gaining more than a point.

The oils were steady, Standard of Indiana gaining fractionally while Gulf WaR unchanged. Specialties were mostly quiet. LOANS TO BROKERS WASHINGTON, Dec. 1 (P)-Loans to brokers and dealers held by New York Federal Reserve member banks for the week. ending Nov.

30 were announced by Federal Reserve board today as $358,000,000, An increase of $3,000,000 over the preceding week. The loans for the week ending Dec. 1931, were $720.000,000. The detailed distribution of the loans over the three weeks dealt with in the board's report was: For own account. Nov.

30, 000: Nov. 23, Dec. 2, 1931, For account of out-of-town banks, 30, $13,000,000: Nov. 23, Dec. 2, 1931, $132,000,000.

For account of others, Nov. 30, 000.000: Nov. 23, Dee. 1831, $32.000.000. NAVAL STORES SAVANNAH, Dee.

1. (P)-Turpentine firm. 38: sales 113: receipts 238: shipments 66: stock 20,679. Rosin firm; no males; receipts shipments 638: stock 161.547. Quote: 2.10: 2,35: 1 and 2.50: 2.55; 3.10; 3.60; 3.86: WG 4.40: ww 5.28, JACKSONVILLE NAVAL STORES WACKBONVILLE, Fla.

Dec. 1 (P)- Turpentine firm sales 92; receipts stock 159,959. Quote 8 2.25: 2.40: 11. 9.66; 1 2.00: 3.10: 3.00: 9.90, WO 4.45, WW. 6.30, 5.30.

Grain Is Higher in Chicago Mart Liveliest Upturns in Many Weeks Are Developed CHICAGO, Dec. 1 (P)-Leveliest upturns grain achieved in many weeks resulted today from banishment of dread about chances of unwanted immense deliveries on December contracts here. An active general purchase movement developed, and wheat jumped 3 cents a bushel. Wheat closed strong at almost the day's top, 2 cents to cents above yesterday's finish, corn up; oats advanced, and provisions unchanged to aL rise of 7 cents. Corn and oats reflected the buoyant course of wheat.

Provisions turned upward with hog values. CHICAGO GRAIN TABLE CHICAGO, Dec. 1. (P)- Prev. WHEAT- Open High Low Close Close Dee.

42 45 42 May 47 49 47 46 July 50 48 47 CORNDec. 23 23 21 May 27 27 July 30 29 20 OATSDec. 14 15 14 May 17 17 17 17 July RYEDec. 31 28 May 34 July no trading. BARLEYDec.

no trading. May 33 33 LARDJan. 3.85 3.87 3.85 3.87 3.82 May 4.00 4.05 4.00 4.05 4.00 BELLIESJan. 3.87 3,90 CHICAGO CASH GRAIN CHICAGO, Dec. 1 (P)-Wheat, no sales; new corn, No.

2 mixed No. 3 mixed No. 3 yellow No. 4 yellow No. 3 white 23: old corn, No.

2 mixed No. 2 yellow No. 3 yellow No. 2 white oats, No. 2 white No.

3 white rye, no sales. Barley 26-40; timothy seed 2.25-50 per clover seed 5.50-8.50 per cwt. Lard 4.25; bellies 4.62. ST. LOUIS CASH GRAIN ST.

LOUIS, Dec. 1 (P)--Cash wheat: No. 2 red No. 2 hard 48. Corn: No.

2 yellow No. 2 white Oats: No. white Close, wheat: December May July 50 A. Corn: December May N. NEW YORK SPOT COFFEE NEW YORK, Dec.

1 (P) ---Spot coffee quiet; Rio 7s Santos 4s CHICAGO LIVESTOCK CHICAGO, Dec. 1. (P)-(U. S. Dept.

of Agric.) Hogs 20,000, mostly steady; weights below 180 lbs. 5-10 higher: 140- 180 lbs. 3.30-40: Top 3.45; 190-280 lbs. 3.25-35: 300-350 lbs. 3.05-50; pigs 3.00- 40; packing sows 2.45-75; light light, good and choice 140-160 Ibs.

3.25-45; light weight 160-200 lbs. 3.25-45; medium weight 200-250 lbs. 3.25-40; heavy weight2 50-350 lbs. 3.00-35: packing sows, medium and good 275-500 lbs. 2.40-90: pigs, good and choicel 00-130 lbs.

3.00-40. Cattle 5,000: another active market on all grades light weight cattle; especially light steers and yearlings; suchk inds firm; weighty steers steady to easy; lower grades slow: killing quality generally plain; most steers 5.00-6.50; early top weighty steers 7.50: some held higher; slaughter cattle and vealers, steers, 600-900 lbs. 5.75-7.50; 900-1100 lbs. 6.00-7.75; 1100-1300 lbs. 6.00-8.00: 1300-1500 lbs.

6.00-8.00; cows 2.50-3.75: stocker and feeder cattle, steers, 500-1050 lbs. 4.25-6.25. Shepe slow, steady to shade lower than yesterday's extreme decline; desirable ntaive lambs 5.50-75 to packers; few 6.00-10 to city butchers; best unsold; lambs, 90 lbs. down, 5.50-6.25, MOULTRIE LIVESTOCK MOULTRIE, Dec. 1 (P)-Hogs, heavy, 240 lbs.

and up 2.75: No. 1, 160 to 240 2.75: No. 2, 140 to 160 2.50; No. 3, 120 to 140 2.50; No. 4, 100 to 120 2.26; No.

5, 60 to 100 2.25; sows 2.25; stags 2.00. ATLANTA LIVESTOCK ATLANTA, Dec. 1 UP -Corn fed hogs, No. 1 3.20; No. 2, No.

3, No. 2.95; roughs 2.45. Others unchanged, CHICAGO PRODUCE CHICAGO, Dec. 1. (P)--Butter weak: creamery specials (93 score) extras (92) extra firsts (90- 91) firsts (88-89) seconds (86-87) standards (90 centralized criots) Eggs 2,020: about steady; extra firsts 33: fresh graded firsts 31: current receipts 28- 30: refrigerator firsts refrigerator extras NEW YORK BUTTER NEW YORK, Dec.

1. (P)-Butter 522, unsettled. Creamery, higher than extra extra (92 score) 25: first (87-91 score) seconds centralized (90 score) Cheese, 253,610 firm, unchanged, TREASURY REPORT WASHINGTON, Dec. 1. (P)-Treasury receipts for November 29 were 325.55: expenditures balance $595,672,485.40.

Customs duties for 29 days of November were 018.20. CHICAGO, (P) POULTRY -Poultry, live. CHICAGO, one car 39 trucks; easy: hens 9-12; leghorn hens 8: springs roosters 8: turkeys 11-15; ducks 8-9; geese 10: leghorn chickens 8. NEW YORK METALS NEW YORK, Dec. 1.

(P)-Copper quiet. Electrolytic, spot and future Tin steady: spot and nearby 22.65: future 22.80. Iron quiet, unchanged. Lead dull: spot New York 3.00: East St. Louis 2.90.

Zinc quiet: East St. Louls NEW YORK MONEY NEW YORK, Dec. 1. (P)-Call money steady; 1 per cent all day. Time loans steady; 60-90 days 4 mos.

5-6 mos. 1 per cent. Prime commercial paper Bankers acceptances unchanged. Rev. S.

C. Owen Dies in Turner Well-Known Baptist Pastor Married Nearly 50 Years SYCAMORE, Dec. heme here Wednesday, after sevSamuel C. Owen, 74, died at his eral weeks illness. He was a member of one of the most prominnet families of this section, having removed here 30 years ago from Canton, Ga.

He WAS a noted Baptist for 40 years of his life and preacher, in many counties of the state. He served churches in this county until a year ago when his health failed. In early manhood he was married to Miss Monterey Mashburn, of Canton, and in January they would have celebrated their golden wedding anniversary. Coming to Turner county in its infancy Rev. Mr.

Owen did much work in developing this section, his most outstanding work being with the Baptists in organizing and helping to build churches. He and his wife were charter members of the Sycamore Baptist church and he was chairman of building committee that built the church. He contributed much toward developing the educational life of the county, four of his children having taught in the schools of the county for several years. Besides his widow, the following children survive: George A. Owen, of Sycamore; Thomas of Blakely; S.

M. Owen, of Cartersville, N. C. Owen, county school superintendent of Worth county; Mrs. G.

Nations, of Smyrna; Mrs. John B. Haase of Fair Oaks, and Mrs. Jack Branam, of Jacksonville, 22 grandchildren, also survive. The funeral took place from Bethel Baptist church on Thursday afternoon with Rev.

S. J. Akers, of Eldorado, and Rev. J. C.

Moore in charge. Interment was in the nearby cemetery. Pastors Arrive At New Charges Three Shifts Made Here on Methodists' Moving Day Three Macon pastors left Thursday for new charges to which they were appointed at the last session of the Methodist conference, and the ministers who will succeed them arrived here. Rev. G.

Reid Smith, Mrs. Smith, and their little daughter, Delores, arrived Thursday afternoon. Mr. Smith succeeds Rev. A.

S. Trulock of the Second Street Methodist church who left for his new church in Cairo. Rev. James R. Webb, from Waycross, with Mrs.

Webb, and their three children, James, and two daughters, arrived during the day to take over the Cherokee Heights Methodist church. The former pastor, Rev. J. E. Parker and his family left Thursday morning for their new home in Waynesboro.

Rev. J. A. Harmon, who succeeds Rev. J.

H. Wilson at Centenary church, arrived Thursday afternoon with Mrs. Harmon and his sister, who will live here with them. Mr. Wilson departed for his charge in Sandersville.

The new pastors will fill their respective pulpits Sunday. Wheeler County's Escapes Returned Wheeler county officers left Macon Thursday night with Richard Clark, young white man who escaped from the chaingang of Wheeler county with two others last Sunday and who was caught here by Detective W. W. James. The other two escaped convicts were captured in Wheeler county, the officers said.

Detective James arrested Clark, who was dressed in the clothing of a "trusty" convict on Forsyth street Wednesday. Under questioning of detectives, Clark admitted his identity. The detectives had not been notified of the escapes when they made the arrest. One Motor Stolen; Another Recovered The record stood even Thursday: one automobile stolen and one recovered. H.

E. Thornton of the Stewart Oil company reported his Buick sedan was stolen about 8:10 o'clock Thursday night from Third street at Cherry street. Police in Thomaston Thursday recovered an automobile belonging to Firestone Service stores, which was stolen Nov. 26. A tire and wheel were missing when the car was found in Thomaston.

BANK COMMITTEE WILL MEET TODAY Advisory Board of Credit Institution Branch Here to Make First Loans The first meeting of the advisory committee of the Macon branch of the Regional Agricultural Credit corporation will be held in the temporary quarters of the institution on the second floor of the First National Bank and Trust company building Friday morning. Carpenters were preparing the new offices of the bank on the fourth floor of the Bibb building Thursday, but they will not be ready for occupancy until Monday, according to H. Persons Heath, manager of the branch bank. The advisory committee will consider the first loans to be made by the bank Friday. The committee acts in the capacity of a board of directors.

No loans will be made in Georgia for two or three weeks, it was said, but loans will be made immediately in parts of Florida where crop conditions make them imperative. Heath Returns Mr. Heath returned Thursday from Raleigh, N. where he attended a meeting of the board of directors of the Raleigh Regional Agricultural Credit corporation, of which he is a member. The Macon bank is a branch of the federal institution at Raleigh.

When full security is available, the bank will make loans to farmerg and livestock breeders at seven per cent interest. Julius Loh of Macon has been made acting treasurer of the bank. Other officers are to be selected by the board of the Reconstruction Finance corporation in Washington and Mr. Loh's appointment is yet to be confirmed. Mr.

Heath said employes will be taken on "when and as needed." The members of the advisory committee, all of whom are expected to be present at the meeting, are Mr. Heath, T. I. Denmark, and M. K.

'Hunter of Macon; W. N. Harrison, Lavonia; W. Vereen, Moultrie; Floyd Newton, Madison; J. L.

Lester, Montezuma; Harry A. Price, Barnwell, S. Alfred G. Smith, Bunnell, Henry L. Pungle, Columbia, S.

B. C. Stafford, Lakeland, W. H. Milton, Marianna, and John P.

Stedman, manager and executive vice president of the Raleigh bank. Kiwanians Planning to Install Officers MONTEZUMA, Dec. are being made for the celebration of the tenth anniversary of the Montezuma Kiwanis club with a ladies' night on Jan. 3. At this meeting the following officers will be installed for the coming year: President, G.

T. Mason; first vice president, John T. McKenzie: second vice president, Dr. C. A.

Greer; secretary, Dr. R. H. Saunders: treasurer, S. Croxton: directors, B.

F. Neal, Oscar McKenzie, J. B. Easterlin, Yancey Hill, R. C.

Collier, D. C. Rumph, W. L. McKenzie and W.

H. Kenzie, who is lieutenant governor of Kiwanis. At this week's luncheon short talks discussing the aims of Kiwanis were made by W. H. McKenzie, B.

F. Neal, R. L. Clements, G. T.

Mason, Yancey Hill, R. L. Greer, Ed M. McKenzie, Jule W. Felton, S.

C. Haddock, Phil Jones, Fay Buckner and W. T. Jolly. O'Neal Is Urged For Cabinet Post MONTGOMERY, Dec.

1 (P)- The executive committee of the Alabama Farm Bureau federation adopted a resolution Thursday recommending Edward A. O'Neal, a native Alabaman and president of the American Farm Bureau federation, for secretary of agriculture in the next cabinet. A copy of the resolution was wired to President-elect Roosevelt at his Warm Springs, retreat. Mr. O'Neal is a native of Florence, and for eight years was president of the Alabama.

Farm federation. NEW PLANT GOING UP AMERICUS, Dec. Dixon, is erecting a new building 011 Hampton street here, the cost being estimated at $3,000. A new and modern ice and refrigeration plant will be installed in the building when completed. A retail ice business and commercial refrigeration for farmers and others here is contemplated by Dixon.

Electors to Meet in Atlanta Only ATLANTA, Dec. 1. (P) -Georgia presidential electors will not be sent to Washington for the electoral college meeting, nor will they even delegate a messenger to carry their vote there. it was announced Thursday by Ike Hay, executive secretary to Governor Russell. Instead, he the electors to certify that Georgia that they are to, meet, Janote goes to Franklin D.

Roosevelt, and the certificate will entrusted to registered mail for delivery in Washington. electors are: Cam D. Dorsey of Atlanta and Mrs. Oscar McKenzie of Montezuma, for the state at large; H. P.

Smith of Reidsville: W. J. of Sylvester; Mrs. Nora Lawrence Smith of Ashburn; N. F.

Culpepper of Greenville: John Wesley Weekes of Decatur; Charles J. Bloch of Macon: Judge Newt Morris of Marietta; De Witt Roberto cf Valdosta; Mrs. Jarrett White of Toccoa, and Mary, J. Rowe of Athens, from the various districts. Girl Scout Heads Going to Institute A delegation of Macon women plan to attend the Georgia Girl Scout Leaders' institute in Atlanta Friday.

The local group will meet at 8:30 o'clock in the morning at the city hall to leave for Atlanta. The Macon party will include Miss Helen Cochran, Girl Scout executive; Mrs. Albert Adams, commissioner; Mrs. Walter Grace, treasurer of the council; Mrs. R.

M. Foster, of the council: Misses Nina Cassidy, Louise Collins, Harryotte Fick and Elizabeth Vigal, troop leaders. Instructors and speakers at the institute will be Miss Margaret Murray, of New York, national Girl Scout staff instructor: Miss Katherine Park. of Atlanta, regional director; Miss Grace McKittick, of Atlanta, regional trainer, and Miss Ray Mitchell, regional camp adviser. Fulton Banks Cash County Warrants ATLANTA, Dec.

1. (P)-Thursday was payday for Fulton county employes in spite of the fact the county's December budget el is $200,000 out of balance. Fulton county banks agreed to accept the warrants for payment against anticipated revenue. In announcing the payday the Fulton county commission said salaries of five elective offiicals. the sheriff, tax collector, tax reeciver, ordinary and clerk of the superior court had been reduced effective January 1.

The reductions totaled $7,500 a year. NEW STEWARDS CHOSEN CORDELE, Dec. meeting of the junior board of stewards of the First Methodist church was held this week in the church basem*nt for the purpose of reorganization. Jack Davis elected chairman and Clay Childers, vice-chairman; Moody Mulkey, secretary; William Davis Bulloch, treasurer, and C. C.

Shearer from the senior board, was named counsellor and advisor. FIVE GIRLS HURT IN AUTO ACCIDENT Motor Being Driven Around Perry Plunges Over Embankment Near Bridge PERRY, Dec. Perry school girls were injured in an automobile wreck near here late, Thursday afternoon near the Big Indian creek bridge on the Nationa, highway. Miss Sara Davis, 16., daughter of Mr. and Mrs.

Walter Davis, was most seriously hurt. She suffered severe cuts on the forehead and scalp. Miss Ethelyn Martin, 16, daughter of Mr. and Mrs. Claude Martin, was bruised and her legs were scalded by water from the car's radiator.

Misa Virginia Gray, 14, had her eyes burned acid from the car's battery, and her sister, Miss Hilda Gray, 15, suffered a sprained wrist. They are daughters of Mr. and Mrs. Charlie Gray. Miss Marilyn Harris, 13, daughter cf Mr.

and Mrs. Charlie Harris, suffered a sprained shoulder. They were given medical treatment at their home. considered in a dangerous condition. The accident occurred when the car, driven by Miss Martin, went over an embankment and overturned.

The machine was demolished. The party was riding about after having returned from Macon. NEW YORK PRODUCE NEW YORK, Dee. 1, (P)-EggA 691, irregular. Mixed colors, refrigerators, special packs standards rehandled receipts BAR SILVER NEW YORK.

Dee. 1. (1)-Bar silver easy, lower at Edwin S. Davis J. Guy Jackson Competent Life Insurance Counselors IF You are in Doubt about continuing any of your Life Insurance, LET us gO over the matter with you-FREE of cost.

DAVIS JACKSON Insurance Counselors 4th Floor Macon Savings Bank 1142 Receipts 21 Shipments 97 Stock 40,329 closed quiet. Closing bids for Memphis Dec. 12.00; Jan. 12.75; Feb. 13.00; March 13.25; April 13.50; May 13.90; June 14.00; July 14.00.

Sales 400. NEW YORK COTTONSEED OIL NEW YORK, Dec. 1 (P)-Bleachable cottonseed oil closed 1 to 3 points higher today, reflecting the firmness of the crude position. There were tenders of 25 contracts. Lard stocks decreased around 6,000,000 pounds during November.

Sales 20 contracts or 3,000 barrels. Bleachable spot closed 3.55, December 3.58, January 3.66, March 3.80, May 3.90, July 4.01, ORLEANS COTTON FUTURES NEW ORLEANS, Dec. 1 (P)--Cotton futures closed barely steady at net changed to one point up. Prev. Open High Low Close Close Dec.

.5.75 5.87 5.75 5.80 5.18 Jan. .5.80 5.88 5.77 5.82 5.82 March .5.88 6.01 5.84 5.91 5.90 May .5.99 6.10 5.94 6.01 6.01 July .6.08 6.21 6.05 6.10 6.10 Oct. .6.26 6.35 6.20 6.26 6.26 NEW YORK COTTON FUTURES NEW YORK, Dec. 1 (P)-Cotton futures closed barely steady, 1 higher to lower. Prev.

Open High Low Close Close Dec. 6.82 6.91 5.73 5.82 5.81 Jan. ...5.83 5.91 5.76 5.81 5.82 March .5.91 6.02 5.85 5.92 5.93 May ..6.00 6.11 5.95 6.02 6.02 July 6.09 6.21 6.04 6.10 6.12 Oct. .6.26 6.36 6.20 6.27 6.28 NEW ORLEANS SPOT COTTON ORLEANS, Dec. 1 (P)---Spot cotton closed steady, 7 points up.

Sales low middling middling 5.90: good middling 6.30. Receipts stock 1,080,707. MARKETS AT A GLANCE NEW YORK Stocks, firm Bonds, irregular Curb, firm Foreign exchange, firm Cotton, higher Sugar, lower Coffee, higher CHICAGO Wheat, strong Corn, firm Cattle, irregular Hogs, steady to higher. FOREIGN EXCHANGE NEW YORK, Dec. 1 (P)-Foreign exchanges firm.

Great Britain in dollars, others in cents. Great Britain demand 3.23 1-16; cables 3.23 3-16; 60-day bills 3.21 13-16. France demand 3.90 15-16: cables 3.91. Italy demand 5.06¾: cables 5.07¼. Demands: Belgium 13.85: Germany 23.77½: Holland 40.18½: Norway 16.49½: Sweden 17.59 Denmark 16.79½: Switzerland 19.22¼: Spain 8.16; Portugal (x) 3.04: Greece (x) .56 1-16: Poland (x) 11.18: Czecho-Slovakia (x) 2.96¼: Jugo-Slavia (x) 1.36: Austria (x) 14.00: Rumania (x) Argentine 25.79; Brazil (x) 7.57; Tokyo 20.37½: Shanghai 28.00: Montreal 85.87½: Mexico City (silver peso) 33,45.

(x) -Nominal. NEW YORK SUGAR NEW YORK, Dec. sugar was quiet today and in absence of bustness prices were unchanged at 2.90 for spots, with December arrivals available at this figure, but buyers showing no interest. Futures closed 1 to 2 points net lower. Approximately sales 26,200 tons.

December closed 81, January 70, March 74, May 80, July 84. September 90, October 92 and next December 95. NEW YORK HIDES NEW YORK, Dec. 1 -Raw hide futures unchanged to 15 lower. New contracts: High Low Last.

December 4.15 March 4.85 Tuna 5.50 5.45 5.40 September 6.95 0.90 5.90 SPECIAL LOOK! DOWN DELIVERS THE CROSLEY "FIVER" 5-tube balanced SuperSpeaker, walnut cabheterodyne. Dynamic $10.99 inet. PRICE STERCHI'S Exchange STORE 565 Poplar Street Tel. 5957 TO Red 2-Piece Tapestry Hot Bargains Suite DEMONSTRATOR ATWATER RADIOS KENT, 6 TUBES DOWN $1 010 88 Delivers Any of These Re-Conditioned FurniMarvelous value in Powerful Superheterodyne, in per- ture Values Traded popular rust fect con- In at the New Store tern. Brand new- dition All are in good shape and will pat- $17.50 give years of satisfacMirror Only one to sell! 8-TUBE CROSLEY tory, pleasant service.

Many lots limited, Triple Table so we urge Vanity, Bed model DINING ROOM SUITE--Nine Playboy Set, $39.50 that you shop early! and Chest Console 8-TUBE Cabinet model MAJESTIC that in Golden Oak pieces $19.50 $49-50 forms like new. per- 1 $125 genuine GAS Serviceable LIVING RANGE- Mohair. cooker ROOM Splendid SUITE--Of condition $69.50 $7.50 Just arrived! Wal- 1 HOT BLAST HEATER -Outward nut decorated STERCHI'S appearance and grates 0. K. $4.95 A bargain! 1 Dining Room 1 3-room size CABINET $16.50 Suite EXCHANGE Hoosier KITCHEN in excellent condition A $49.75 $17.50 $65 RANGE STOVES -Burns coal or $64-50 or IRON patterns, wood.

d. BEDS- as $10 low for Variety your of old stove $39.50 $2.50 Eight pieces with STORE $125 BEDROOM SUITE--Bed, Vanity as oblong extension and Chest, Walnut $54.75 table, genuine POPLAR ST. TEL. 5957 or in WINDOW SHADES--Cream matched walnut. 565 Green.

Size 36x7 49c.

The Macon Telegraph from Macon, Georgia (2024)
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