St. Louis Post-Dispatch
April 25, 1929

Historic newspapers carry the language, views and graphic reporting of their time, including racist content. They are shown to teen and adult profiles.

The text was read from the page scans by machine (OCR), so it has mistakes and its columns may run together. See the pages · About this title · At the Internet Archive

Page 1

ESDAY 24, 1929, 9 Full Page in One of the the Sunday Post-Dispatch as a Full Page in One of the is of the Sunday Post-Dispatch © bon. Fy IHERES THE GREAT POUR MOAN. HE MIGHT BE A BIG POLITICAL BOSS AND BE & HEADER OF MEN BUT HES = SHORT END 1\i THATS MSTRIMONIAL ENTANGLES 2MENT= A LION OUTSIEE ~AANID A PUSSY C4T ,A E\SROOND THE HOUSEY 9M THINKIN TOD S$ PAT OF ‘ ST, LOUIS POST- DISPATCH The Only Evening Newspaper in St. Louis Withthe Associated Press News Service (Tables in | Stoc Closing Prices—Complete Sales Market FINAL Part Ill, Pages 35, 36, 37) ** ST. LOUIS, THURSDAY, APRIL 25, 1929—44 PAGES. PRICE 2 CENTS (ALL STREET | DISCOUNT MSE FEAR | , ; Market Turns Reac- mary Despite the Spo- ic Efforts of Pools to Revive Upturn. WNK RATE STANDS, STALED AFTER CLOSE ——— * re * Loans Show In- P : of $67,000,000 for ‘ k, Report After Mar- Se wy a % | Aspociaied Press. ‘sew YORK, April 25.—Mark- ic up of the call money rate from ‘to 12 per cent, coupled with MMexeread rumors of an increase rediscount rate and a large ms in brokers’ loans, unsettled ws stock market after several fect: attempts had been 4 rally the general list. slid off rapidly towards the 1s to brokers and dealers by New York Federal! m member banks for the week ince Apri] 24 were annveuncedl @he Federal Reserve Board aft- 8 of market today as $5.492-, »» . 4s v@ | | | ) an increase of $67,000,- & compared with the preced-| week. Loans for own account bd $47,000,000, for account of town banks decreased 900,000 and for account of oth- $30,000,000. New York Federal Reserve today made no change in fediseount rate of 5 per cent, was announced after close of - biitation of the quarterly re- m ofthe General Motors Cor- after the close of the showing $1.37 a share r 88 against $1.54 in the first @rter of 1928, proved somewhat "& disappointment, but it was ined by President Sloan as to large charge-offs in con- etien With new models and to a | of cars, particularly Wroiet. General Motors, which ftaken in large blocks at ad- [mg prices on Tuesday, was Pressure most of the day, a point lower at 85%. _ Allis Chalmers Down. ® Chalmers, which soared than 15 points yesterday, Malt of ‘ts gain. American ig Mills, which was admitted eating today, dropped from an w high of 119% to 112%. U. Hi common, Bethlehem Steel, Motors, Montgomery- ™ Hudson Motors and Pan- ican B all closed one to two lower. american Can was one of the findustrials to show a substan- PMet gain on the day, closing me% for a net gain of 2%. Co- Graphophone, Webster mehr, Grand Union Stores and “a0 W. Grand Stores also were On the upside, strength of two being associated with ofa large chain store mer- ' Exchange Market Dull. meee tt commodity markets again reactionary. Wheat lj about 2 cents a bushel on we of rains in the Central mahi a reduced export de- * Corn closed unchanged to & bushel lower. Cotton 2 $1.50 to $2 a bale on re- of favorable crop weather. 2 exchange trading was With the leading currencies steady pending further de- ms in the reparations tan- “AS Called only $20,000,000 in the day, but there was “ Sf new funds coming ) a mxet because of fears York Federal Re- ne rate would bead- @ after the close of the mar- Bethichem Steel Earns $4.05. 3 Bethlehem Steel Corpora- ~ Teperting its quarterly earn- the close of the market, $4.05 a share earned in the | > + Or more than fo pay the full year's div- on the outstanding common Directors also voted to in- ben ® _ Capitalization from " ood 5,000,000 shares, and ey new share for every - faba at $85 a share. 7 Was ecarned th last year. — ied Railroad crossed 83 Price in more than 7 os ¥, J : 2 tH HOUSE PASSES FARM BILL: DEBENTURE PLAN RULED OUT Measure in Form Approved by Hoover Now Goes to Senate Practically in Form It Left Committee.” By the Associated Press. WASHINGTON, April 25.—The House farm relief bill wa'’s passed today by the House. é The vote was 367 to 34. The Clerk had passed but little beyond the half-way mark in call- ing the roll when the 218 votes necessary to give a majority vote of the House had been recorded in favor of passace. The measure was approved vir- tually in the form reported by the Agriculture Committee. It now goes to the Senate where & measure similar in general pur- port but containing the controver- Sial export debenture plan is un- der consideration. The House bill has the approval! of President Hoover. The measure would create a Federal farm board and place at its disposal a revolving fund of $500,000,000 for use in loans in an effort to control crop surplus- es. This board would be assisted by stabilization corporations. This board would be assisted by stabilization corporations. The House vote was taken after a week of discussion and after unsuccessful efforts had been made to incorporate in the measure the equalization fee principle of the vetoed McNary-Haugen bill. A futile effort also was made to incorporate the export deben- ture proposal. Three changes in the bill were adopted at the sug- gestion of the Agricultural Com- mittee. The vote ended a week spent in considering the measure in the House, two days of which had been given to consideration of the more than 40 amendments offered. relief bill was House today on the ground the proposal was not in order. Representative Mapes, (Rep.) Michigan, presiding at the time. held the debenture plan could not be embodied in the measure as ‘it proposed a plan of farm relief different from that outlined in the bill. His decision precluded a vote on the proposal. Represen- tative Jones (Dem.) Texas, offered the motion to include the deben- ture provision. , rejected in THREE MEN WOUNDED IN PISTOL FIGHT IN. COURT Kentucky Ex-Governor’s Brother and Police Chief Shoot Each Other; Bystander Hurt. OLIVE HILL, Ky., April 25.— | Austin. Fields, brother of former Gov. William J. Fields, and Chief of Police H. B. Carter shot and wounded each other in a pistol fight in Police ter county, a bystander, wounded by a stray shot, may die. Fifty spectators and court atten- dants rushed for exits or dived tn- der chairs as the shooting started. Walker was shot thrcugh the body and little hope is held for his recovery. Carter was wounded in the hip and was taken to an Ash- land hospital. Fields was shot through the right arm acd right leg. Fields, an attorney. was in court to answer a charge of drunken- ness. He was arrested last. Decem- ber and his case was postponed three times. This time he de- manded trial. Carter asked Judge J. B. Craig for a warrant t» search Fields for a concealed weapon. Fields objected and during the dis- cussion Carter approached Fields and the shooting started Deputy Sheriff Welker took no part, and witnesses were w.uiable to say who fired the first shot. U. S, CRUISER PENSACOLA $11,000,000 SHIP, LAUNCHED War Vesse] Built at Brooklyn Yards, ae With Spring Water. NEW YORK, April 25.—The Pat- est United States cruiser, the Pen- sacola, was launched at the Brook- lyn Navy Yard today. As the war craft glided down the ways, Mrs. Josephineea Knowles Seligman of Rosyln, L. I.. a native of Pensacola, Fla., broke a bottle of spring water over her bows, ex- claiming: “I christen thee Pensa- cola.” The Pensacola, 10,000 tons, is the largest ship to be launched at the navy yard since the war. The total cost will be $11,000,000. The Pensacola is 565 feet long, has a 65%42-foot beam and a draft of 19 feet. The oil-burning turbines and four propellers can drive it at 32% knots. The vessel will be equipped with catapalts for air- planes and will have 10 eight-inch guns and four anti-aircraft guns. The crew will number 530 officers and men. The Pensacola is a sister ship of the Salt Lake City which was launched recently. Belgium Ratifies Kellogg Pact. By the Associated Press. BRUSSELS, April 235. Chamber of Deputies today rati- fied Belgium's signature of the Kellogg renunciation of war pact. — The Final Financial News The closing prices and a com- plete record of the day's sales on the major securities markets appear in the financial columns of this edition. Today and every day, investors interested in getting financial! news the same day it occurs will read the market pages o! te i PP BPP PPP AP ALP ed aa the Post-Dispatch. Court here today. | Deputy Sheriff Jim Walker of Car- | MUENCH NOT LIKELY ~ TO ACCEPT NEW TERM | ' (Counselor Says He Probably | Will Gin Up Public e Service for Practice. ; City Counselor Julius T. Muench said today he probably would not accept reappointment if it should be tendered to him by Mayor Mil- ler. i himself to private practice in or- der to build up his financial re- | Sources. Muench has served as City Counselor under Mayor Miller since the summer of 1925, and his appointment has been considered generally one of the best made by the Mayor. Since the re-election of Mayor Miller, it has been gen- erally understood around the City Hall that the office, which carries @ salary of $8000 a year, again would be offered to Muench by the Mayor. Today it was Muegpch intended to resign, but when asked about it. he said he merely was considering declining reappointment, but that he had not definitely made up his mind about it. He said that he felt in justice to himself and his family he should take up practice so that he could lay aside some money. Muench is a son of former Cir- cuit Judge Hugo Muench. As head of.the City Law Department, he has conducted a number of public Wtiility valuation and rate cases for the city, notably those of the La- clede Gas Light Co. and the St. Louis Public Service Co. Mayor Miller told a reporter he had been pleading with Muench to accept reappointment and had not given up hope that the Counselor reconsider his decision to resign. The Mayor described Muench as one of the best Counselors St. Louis ever had, and added that he was not to be blamed for wanting to retire, since a man of his experi- ence and ability could make more money in private practice. The Mayor said he did not know whom he would select for the place if Muench insisted on leav- ing. Asked whether Associate Counselor Jules R. Field might be promoted to it/ éhe Mayor said Field was a good-man, but he did not know whether he would be chosen. Field was a leading exec- utive in the Mavyor’s recent cam- paign for renomination. on WEBSTER GROVES POLICE CATCH 24 TRUANT MULES reported that | Officers Take Up Chase After Cit- izens Complain of Damage to Yards and Gardens. Twenty-four mules escaped from a grading camp corral at Hawthorne and Pacific avenues. Webster Groves, at 7 o'clock last night. As they overran front yards and gardens or cantered down the Missouri Pacific Railroad tracks. the telephone of Desk Sergean: Strassinger “buzzed angrily with demands of residente that the stampede be checked. Patrolmen Neal and Stevenson were dispatched to reund up the mules, and in a spirit of “tally-ho and yoicks away” tore down sev- eral clotheslines and set out in pursuit. Three hours later. two tired policemen once more barred the corral and sat down in relief. The mules were back home, after chases ranging from a block te three-quarters of a mile. Webster Groves was peaceful again. The. little excursion was the sec- ond of ita kind for the mules, as they broke out April 7. sil - CT IRMile RAeET RIeRarTris A move to incorporate the export | debenture plan in the House farm | the | that | | budget bill He said he believed he should | ;give up public service to devote SENATE EXPECTING CAULFIELD 10 ACT ADVANCES BUDGET Hastily Engrosses Bill When Governor Intimates He Will Send Special Message. THEN EXECUTIVE ' CHANGES PLANS House, Without Debate, | Passes Bales Measure for Budget System and Now Goes to Upper Chamber. By CURTIS A. BETTS, A Staff Correspondent of the Post- Dispatch. JEFFERSON CITY, April Senators message 25.— The Democratic antici- pating a special! to the Legislature from Gov. Caulfield on budget, and consolidation legislation, this morning hurriedly called up-the budget bill and engrossed it, get- ting the jump ont.-« Governor. The bill had been lying on the in- formal calendar a week and the Democrats had announced it would remain there indefinitely. After the Governor had _ sent word to Senator Cave, Democratic floor leader, that he desired a joint session of the Senate and House for this afternoon, a re- quest which could mean only that | the Governor wished to deliver a | special message. Cave called up the | and it was engrossed | without debate. Engrossment the Senate or placed upon vote, Special Message Abandoned. After the engrossment of the | bill it was announced from the Governor’s office t) .t there would be no special message. The Governor did not intimate the subject he intended to discuss in the message, but budget liegis- lation, and its aceompanying bilté are the only matters in which the Governor is particularly interested at this stage of legislative pro- ceedings. He was known to be especially anxious to have the bud- get bill taken from the informal calendar and put on its way to- ward passage, and it was assumed that was the subject he wished te discuss. It will be recalled that a week ago Cave laid the bill away after the Senate struck out of it provi- sions that the supervision of the income and inheritance tax collec- ticns be taken from the State -Au- ditor and State Treasurer and placed with the Budget and Rev- enue Commission proposed to be created by the budget bill Cave then announced that the bill probably would not Le called up unless leaders of the Repub- lican administration took active steps toward restoring the sections which had been cut out by the solid vote of the Republican Senators and two Democratic Senators who joined with them. Democrats Alter Program. Monday, Cave and Donnelly in- troduced as a new bill] the sections of the budget bill previding for the transfer of the tax superv'sion du- ties. It was said then it would be pushed and.it was understood the Democrats planned .o make pass- age Of the budget bill contingent upon the passage of their transfer bill They intended to force the Republicans to support the trans- fer if the administrat on was to get its budget legislation But this morning Cs ve moved the engrossment of the budget bill. He said it was as good a bill us could be produced, apparently. There was no debate and oo comment House Passes Budget Bill. After the Senate had engrossed its budget bill, the House rushed through the Bales bill for a budget system. Representative Freeland. ré- publican floor leader, said the bill had the indorsement of Gov. Caulfield, that the Governor de- sires its passage and he hoped it would go through without oppo- sition. The bill passed without Through the’ House action, the administration Republicans have out-generalled the House Demo- crats, who have delayed ‘action while attempting to force the ad- ministration to meet its demands as to the exact terms of the bill. As it now stands, the House bud-. get bill will be in the Senate for action long before the Senate bill is ready for consideration in the House. central purchasing of a measure by House means it is the calendar for a debate. Hoover to Speak Tonight. WASHINGTON, April 25. — President Hoover will deliver a brief address tonight at a meeting devoted to a discussion of the beau- tification of the Nationa! Capital Secretary Mellon. who is much in-| pegun to appear that delegates to terested in this subject. was instru- mental in arranging the gathering. ~~. at Flood Water Stage . ~ Sina aa a hd” ae Me 5 M GFL: CLIT Oe Rv a Post-Dispatch Staff Photographer. | Soeccmmbeey south today from Washington avenue beneath the elevated railroad structure. The posi- tion of the steamboat in the background indicates the normal edge of the water. ULASH AT GENEVA UVER AIR POWER Mussolini’s Representative Wants Limits of Home and Overseas Plane Fleets Defined. By ine Associated Press. GENEVA, paratory Commission on Disarma- ment today heard the first skirm- ish in the controversy over mili- between Italy and 23.—The Pre- April tary parity France. The skirmish took the form ofa deBate between Alberto de Mar- bulky Italian Genéfal Premier Mussolini, and Count Massigli, tall slender French delegate. The discussion was over the division of air fleets into home and overseas forces. In the light of Italy’s expected contention when naval disarma- ment proposals reach the negotia- tion stage that she have x sea power equal to that of France this first clash was of absorbing inter. est. inis, short representing Clash Over Air Forces. Gen. Marinis urged a sharp di- vision of airplanes at home and overseas so that it might be known exactly how many airplanes any country had at its disposal at home and in time of crisis. He insisted upon fixing the distance within which aircraft would be regarded as belonging to home forces and, though he did not mention North- ern Africa, the delegdtes got the impression he wanted French air- planes stationed in Morocco and other Mediterranean colonies con- sidered as home units. “We must know,” he said, “whether airplanes can be made available as part of home forces.” Count Massigli objected to the proposed fixing of distance and in- sisted this belonged to the domain of a possible later international! conference on disarmament. Marinis retorted that a funda- mental principle was involved and announced that he would submit a wfitten amendment tomorrow. Soviet Proposal Voted Down. An amendment by the Soviet delegation that a reduction of air- 'NO DRY VOLUMES TALY AND FRANCE | | | | | | | | street. (ness in |creased as night came on. planes and dirigibles should be ap- preciable as compared with those | in existence on Jan. 1, 1929, caused | Hugh S. Gibson, the American representative, to arise and char- acterize it as outside the compe- tence of the preparatory com mis- sion. “If we were not in favor of re- duction, we should not be here,” said Gibson, The Soviet suggestion was reé- jected, only Maxim Litvinoff, Soviet vice commissar for Foreign Affairs, voting in its favor. Italy for Parity With France. It was said here today that ‘he Italian Government would ask ‘or parity with France on land and sea. French officiale were said to be unable to see the justice of such @emands and insisted that extea- sive French celonial possessions and coasts open on two seas were sufficient reasons for maintenance of a navy superior to Italy's. « So acute has the probiem of satisfying Italy. at least on paper. Continued on Page 2, Column 2. IN CHICAGO BOOK SHOP—ALL WET Rush of Non-Reading Buyers Leads to Discovery That Byron Holds.a Quart. Special te the Post-Dispatch. CHICAGO, April 25.—Shaks- peare quartos, Dante’s “Inferno” in old calf, Addison’s works in im- perial folio graced the shelves of the La Salle book shop in the Negro district of East Thirty-fifth There was a rushing busi- Byron and business in- When prohibition agents learned that some of the customers could not read they raided the shop—for bookworms. Ralph Buglio, pro- prietor, was arrested and the shop closed. The raiders carried volumes of Byron, Burns and Moore to the Federal Building—Byron held a quart, the others one pint each. LINER DODGES ICEBERG FIELD IN FOG ON WAY FROM EUROPE Cedric Steers Safely Through, With Officers 16 Hours on Bridge; Passengers Not Worried. Special to the Post-Dispatch. NEW YORK, April 25.—The White Star liner Cedric arrived here yesterday with news of ice- bergs drifting across ship lanes, much too early in the season. Sixteen hours were spent on the bridge of the Cedric, Capt. R. Hume reported, with all ship's of- ficers tense with anxiety as the liner picked its way through ice- bergs to blue water. Passengers amused themselves by throwing bread to seals on the ice. “It wag the worst experience I have ever had,” said Hume. “The passengers, however, did not seem to realize the danger and when night came, went to bed and slept soundly.” The ship’s greatest danger oc- curred as it cut through the drift- ing field on Thursday night. A spotty fog added to the danger. Orders were broadcast yesterday from all steamship companies, sending their ships to the south- ern lane. FAIR AND COOLER TONIGHT, TOMORROW; BRISK WINDS THE T — ie See ee a neon ated — one - m. ? I ois m a a a ® a. mm rad a “ 8 a. m.. 5D Yesterday s high. ‘oO a. M.'. Official fore- cast for St. Louis andvicinit y: Fair tonight and tomorrow: cooler tonight, with fresh t strong northwest winds. Missouri: Most- iy fair tonight and tomorrow; cooler tonight, possibly lecal lig':t fros. In west and noth por- tiors; slightly warmer «morrow afternoon in west and nortb por- = tions. Illinois: Generally fair tonight and tomorrow excep unsettied to- night in north portion; ccoler to- | night: fresh te strong scrthwest winds tonight. Sunset, 6:45: sunrise (tomorrow) 5:69 Stage of the Mississippi, 32.3 feet, a rise of 1.5. DENTIST. SUSPECT. IN HUNT FOR LOOT. KILLED IN OFFICE Woman Patient and Doctor See Gunman Shoot Dr. Frank Brady and Escape in Chicago. By the Associated Press. CHICAGO, April 25.—Dr. Frank L. Brady, a West Side dentist. had two callers last night who were not listed on his appointment book, and one of them shot him dead. Dr. Brady, 32 years old, extract- ed a tooth for a woman and gave her a chair in a private office that she might recover from the effects of the local anesthetic. A man patient then sat down.in the den- tist’s chair and Dr. R. H. Best, a physician sharing offices with Dr. Brady, took up watch over the woman, Two men pushed open the door leading from the corridor to the room in which the woman, . Mrs. Edna Walsh, was sitting. Dr. Brady was on the point of returning to his other office. One of the men carried a re- volver which, he pointed at Dr.) Brady, saying: “We've got you now.” The dentist cried “Don’t!” and reached out to grab the revolver muzzle. The intruder fired and Dr. Brady fell. Another shot was fired into his body as he lay on the floor, and the killer said: “You'll never try a stunt like that again.” He pocketed his weapon, glanced at his companion and the two ran into the corridor and out of the building. Suddenly Became Prosperous. With the killing of Dr. Brady it was disclosed that the dentist, after years of struggle with a small prac- tice, suddenly became prosperous about four years ago; that he was the son of Mrs. Anna Beauchamp, who killed herself during the mur- der trial of Herman J. (Midget) Fernekes, and that, Dr. Brady him- self had been under police investi- gation for a long time in connec- tion with the search for large sums : .| Fernekes stole which never have been accounted for. Fernekes is serving a life sen- tence in prison. During his trial the offices of Dr. Brady were raid- ed, but early efforts to prosecute the dentist as a Fernekes accom- plice were abandoned. Deputy Po- lice Commissioner John Stege suid today that the dentist's subsequent activities had been carefully watched, the police thinking that eventually he might give them the clew that would clear much mys- tery still surrounding the midget’s operations. j A search of his office disclosed acids and other materials sueh as are used by criminals to alter engraving on bonds and secur! police said. Inwestigators also re- ported finding indications of un- lawful traffic in narcotics. Mother Killed Self in 1926. Dr. Brady's mother was arrested April 23, 1925. and a: the detective bureau she pointed out Fernekes as the man who brought 40 sticks of dynamite to her house to be used in the robbery of a Loop bank. The following June. wien charged with complicity in the plot to reb the Continued on Fase 3. Columea 7. WILL RISE ’ TO 35 FEET BY SUNDAY Crest, Forecast on that Day, Will Be One Foot Below 1927 Mark and Six Feet Below Record WATER OVER TRACKS AT WASHINGTON AV. Comparatively Littl Dam- age Looked for in St. Louis but Farms in Vicin- ity Will Suffer. A flood in the Mississippi and Missouri rivers in the vicinity of St. Louis that will approach within about & foot of the crest of the big inundation of 1927, was predicted today by Weather Forecaster Hayes. He expects the crest to be, attained on Sunday. At St. Louis the crest is expected to be 35 feet Sunday night, on the gauge at the foot of Market street. Flood level, meaning the approxi- mately bankful stage, is 30 feet. The high mark here in the great general flood of 1927 was 36.1 feet on April 26 of that year. In the reached and the record height was 41.39 feet in 1844. The Mississippi was two. feet or more deep over a short stretch of the switch tracks on the downtowr levee, but trains continue to oper- ate. Arise of a few inches will inundate the rails near the city street. The 35-foot stage here will sub- merge completely the whole down- town levee, including the _ side- walk on its western edge, and will flood the basements and bly the first floors,of buildings tacing the levee, paved levee is about 26 blocks, or about a mile and a half, long, . extending be- tween O'Fallon street and Chouteau avenue. — f It appears likely that sehért stretches of the Burlington rail- road tracks north of Merchants Bridge may be covered with a little water. In 1927 the river ran deep enough over them to force @ re- routing of trains. There are sev- era. other lew spots along the city’s water front which are likely to be inundated, in some instances hampering industries. Most of Paved Levee Overflowed. The paved ievee is almost en- tirely submerged today. At the northern end of the Ashley street power plant of the Union Electric Light & Power Co. water was lap- ping at the base of its walls. This will not interfere with the plant. The stone steps at the castern door of the Washington Avenue Sta- tion, at Eads Bridge, were at the water's edge today. Between the station and Ashley street most of the levee is under water. The Wabash suburban train from Ferguson, the only passenger train into St. Louls that does not use Unfion Station, was unable to reach its usual terminus in front of the Washington Avenue Station this morning, but discharged passen- gers at Morgan street, two blocks north. As the rivers’ rise contin- ued, it was expected the train would depart a block or two far- ther north tonight. At Vine street, just south of Washington avenue. the flieod was nearest to the long row ci build- ings along the levee being at the sidewalk curb this afternson. A slight additional rise wili carry it over the sidewalk. South of Vine } street the water reaches only to | the outer piers of the elevated rail- way tracks betweer Olive and Chestnut streets. the higher part of the levee, one under the elévated structure and the others on the riv side of it. The : Hepes 1 HTL it possible for the boats te ¢en- tmnue in service, Severst of the Continued on Page 2, Colume 3. ' aa tae Se ee ee eT eS ee. nage ae ee eat eh - re eee Saar * iad RIVER HERE ’ flood of 1903 a level of 38 feet was harbor office at the foot of Market Bet MN ti. agpantin Anlst =