St. Louis Post-Dispatch
July 30, 1930

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

COMIC PAGE TUESDAY, JULY 29, 1929. (Copsright. 1930.) ae 1 WHY PEGGY BUNGLE! WHAT IN THE ORLD HAS COME OvER DU, TURNING UP Your NOSE AT AN AFFAIR LIKE THIS? DINNER ON A YACHT. IMAGINE! AT SHALL WE WEAR? YU OUGHT TO HAVE DUR HAIR CURLED. INE LOOKS STRINGY »C DINNER ON THAT BIG’ YACHT... 2 THINK oF iri. (Copyright. 1930.) PLENTY! yusT KEEP TAKIN’ A TWO-MILE HIKE EVERY DAY -ALWAYS | ~. SAME DIRECTION — A 1 \e= | q +3 th z hed Rafat! 3 » $fhet t Se bees Soe » ja fet 1 | R- t & HAD sTLOUIS PM “ é t ; . - ; ‘ o® as . | 5 4 pu 4 pee t%e og ¢ é » 4% " ap : P “ j v . a 4 Zr 4 oho ' ~ 2 : 4 . oa Hi 4 - . . : % * . . 3 } : ° , ie. ” " om ff. 4 r - + F. . nly, Lvening Newspaper m ot. s With the A -_ “y 5 > ~ ba “ P en : ; 1 "i = > 5 . = . " RS x ) Se ia - i, : * * } s - fe VOL. 82. NO. 327. ; —— a aoa, -_ JUL eT” WALL STREET] STOCK BULLS ARE GIVEN SHARP JOLT LATE IN DAY Break in Wheat Prices To- gether With Recent Ina- bility to Push Market Higher, Bring Desertions in Ranks. VOLUME OF TRADE IS NOT LARGE Selling in Last Hour Ap- pears in Overpowering Volume and Closing Quo- tations Average 2 to 14 Points Lower. By the Associated Press. NEW YORK, July 30. — Bull their in today’s undertook to lift share prices out of the June A break in the wheat t, together with the recent bility of the operators for the rise to get prices above the re- sistance levels of July 18, caused desertions from the bull forces experienced one of most severe reversals stock market since they depression. ’ ah r Midi At xtensive ‘’ause, losses of 2 to 14 Points. Efforts to rally the list were made soon after the opening and again during the middle of the aft- ernoon, but selling in the last half hour appeared in overpowering ‘olume, and closing quotations av- eraged 2 to 14 points lower, one of the sharpest breaks since June, General Motors, which held out firmly against selling yesterday, lost 2 points. U. S&S. Steel, General Electric, Radio, Standard Gas and Consolidated Gas lost 3; American Telephone, Du Pont, Westinghouse Electric, American Can, American Tobacco, Air Reduction, Western Union and Johns Manville, 4 to 6; and Eastman, Vanadium, Byers, Worthington and Case, 6 to 10. Al- lied Chemical was off 14 at. the finish, While bear selling was in large volume, floor traders were wun- hnerved when liquidation appeared from houses not ordinarily asso- clated with the professional bear faction. Trading, however, was in comparatively light volume, the day's sales aggregating only 2,400.- 000 shares. The break in wheat earried prices to new low levels for. the period since the beninning of the World War. Net losses ran from 2% tc -“s cents in the Chicago futures market. The July option touched 83%, cents, 1% cents below the day5s bottom level touched by July corn. Corn prices closed 1%¢ to 1%c lower. Cotton futures in the New York market lost 75 cents to $1 a bale. Day's News More Favorable. On the whole, the day’s business hews was a little more favorable than it had been for a rew days, although it continued of an inde- cisive charactet. Car loadings turned up about 12,000 cars during the latest week, and gasoline stocks Were sharply reduced, while crude Production was curtailed substan- Ually last week. Furthermore, there was moderate working off of tefined copper stocks, as reported for June. Building contracts, as reported -), however, were somewhat dis- *ppointing, " The steel trade reviews pointed ‘0 weakness of pig iron as a sore ‘Pot, Iron Age’s composite price (ropping 13 cents to $16.96 a ton, the lowest in 15 years. Steel quo- ‘AUons held steady, however, and Steel” pointed out that develop- ments ‘lend moderate encourage- ment to the expectation that with ‘he end of July is passing the worst. " the present luhi” “Iron Age,” “OWever, felt that the stimulus from increased industrial opera- ‘ons may not be felt by the steel “ompanies until the middle or end ¢ August, Bears were able to seek out the Veak spots with considerable suc- cess, Safeway Stores was again Cepressed to new lows. There was Selling in Warner Bos. and South- *rn Railway continued to drop. ,, loney was a little firmer, re- “ecting month-end requirements, at é Per cent, eg Oreign exchanges reacted, ster- “58 Boing back to $4.86 15-16 for “ables, off 1%, | me BL __ Stock prices, with other tables “nd market news, svill be found : des Pages 50, 6C, 7C and 8C. for the week ended July }. “though call loans held officially FOURTH TO THREE-FOURTHS ; OF CORN IN STATE RUINED © BY DROUTH, U. S. REPORTS Seme May Be Used for Fodder if Cut at Once, None Fit for Silage—Meadows and Pastures Worthless. ABSCONDER RESENTS SOCIETY OF THIEVES - IN FOREIGN LEGION $500,000 Embezzler Wants to Get Out of Such Bad Com- pany and Go to Jail. - (Copyright. 1930. by Press and Pulitzer Pubiishinge Co., new York World and Post-Dispatch.) PARIS, July 30.—A terrible pic- ture of life in the Spanish Foreign Legion is painted by the young Venezuelan banker, Lauriano Car- los Villanuéva, who is accused of forgery and embezzlement of $500,- 000 entrusted to him by depositors in the Paris branch of the National City Bank of New York. Villanueva, a fugitive from Paris, enlisted 18 days ago, but in that short time he has found existence as a Legionnaire so infernal that he has easily been persuaded by friends to offer to surrender if his release from his enlistment con- tract can be obtained. “I never thought,” he said, “that this life could be as hard as it js, The most painful thing to me is the promiscuity prevailing in the Le- gion. Thefe are all sorts of men here, among them a few men of good families who have _ enlisted after some youthful folly or asa result of a love tragedy. But, apart from them, what scum! Mur- derers, bandits, highway robbers! The basest and most ignoble pas- sions are given free rein here at times. It is a refuge for the out- casts of humanity.” : Villanueva, who disappeared early this month, was found by two friends in the Spanish Foreign Le- gion in Morocco. BODY OF BRITISH FLYER REPORTED FOUND IN BURMA London Daily Mail Expedition Said to Have Discovered Eric Hook. By the Associated Press. ; LONDON, July 30.—Advices from Rangoon say that the body of Eric Hook, English aviator, has been found in the Burmese wilds by an expedition of the London Daily Mail. His young wife, however, re- fuses to believe he is dead. Her hope is based on an unconfirmed report July 19 that Hook was alive and being cared for by villagers. Hook and James Matthews were attempting a flight from England to Australia when forced to land in the wilderness. Matthews sought to find the way out while Hook was unable to travel. Mat- thews eventually reached safety. SHAMROCK V, CUP CHALLENGER ARRIVES AT: HORTA, AZORES Out. of Contact With Escort for Last Five Days Because of Mist. the Associated Press. BY TORTA, Island of Fayal, Azores, July 30.—Sir Thomas Lipton’s rac- ing yacht Shamrock V, challenge for the America’s cup, which lost contact with its convoy, the steam yacht Erin, in a mist and rain five days ago, arrived in Horta harbor late today. All was well. The Shamrock V had been de- layed by head winds. It is expect- ed she will resume the voyage to the Unriited States tomorrow. MOSTLY FAIR, TEMPERATURE : NORMAL TONIGHT, TOMORROW THE TEMPERATURES. 74 PPP EP PP a bits » ™. 94 Relative humidity at noon, 30 per cent. ae dage high 91 (8:30 p. m.); low 75 (5:30 a. m.) ite Official forecast for St. Louis and | ‘vicinity: Some cloudiness tonight and tomorrow, but mostly fair, with nearly normal tempera- ‘ture. * "Missouri: Most- ly ftair-. .tonight and tomorrow, al- though ... probably unsetteld a t times; little thange: in tem- perature. Illinois: Mostly fair tonight and tomorrow, al- though possibly ee hy unsettled in south portion; little change in tempera- ture. . ‘ ; ‘Sunset 7:15. Sunrise (tomor- row), 5:00. Stage of the Missis- COTO WH C029 pe IN Power: WE TRUST. sippl, 3.3 feet, a fall of 0.2. Reed : fer on the situation. oR ey By the Arsociated Press. , COLUMBIA, Mo. July 30.— Glaring sunshine, high ' tempera- tures and hot winds for the last several days have nearly put the finishing touch to growing cfops in Missouri, says the weekly weath- er and crop bulletin issued here today by the United States Weath- er Bureau. ; From one-fourth to three- fourths of the State corn crop is now valueless, but some could be used for fodder if cut at once. None is fit for silage, the report continues. In some of the North- western counties from Jackson to Nodaway and Atchison and in the Missouri River lowlands’ rain might save. part of the crop, Meadows and pastures are worth- less. ’ Very little relief from drouthy conditions was afforded durifig the last week, although a few bene- ficial showers were reported in widely scattered sections. ‘The 30- degree drop in temperature brought some relief to vegetation. For persistence, for widespread suffering of man and beast and nearly disastrous effects on vege- tation and growing crops, only the heat and drouth of the crop sea- son of 1901 is comparable with this season, the report adds. The severity of the drouth has no better gauge than the stream flow. Wells and creeks are dry and the main rivers are at record lows, water is being hauled long distances in some sections and fast- drying wells and creeks point to no reserve ground water. In cases of this kind, local thun- dershowers will be of little benefit. General soaking rains of several days’ duration are needed, but such rains may be possible but hardly probable before Sept. 15. The week’s temperature record of 112 degrees was reported from Mexico, while the minimum of 50 was reported at Maryville. The 2.15-inch rat St Jefferson City was the heaviest of the week, but several stations reported no rain- fall at all. Drouth Worst on Record, Weather Bureau Declares. By the Associated Press. WASHINGTON, July 30.—The drouth which for months has baked large areas between the Rocky Mountains and the Appala- chians was declared today to be the worst the country has experienced since the keeping of state-wide weather records was begun. JI. B. Kincer, meteorologist of the Department of Agriculture, described it as unparalleled in the records which reach back 40 or 50 years. Farmers who have watched their crops wither under almost unprecedented high temperature accompanying moisture deficien- cies, particularly corn, pastures and fall truck crops, received no en- couragement. The . forecast di- vision of the Weather Bureau said no relief was in sight for several days more at least. “Every additional day without rain,” Kincer said, “notwithstand- ing cooler weather, necessarily will further reduce crop prospects.” Winter wheat harvest, however, is nearing completion without ap- preciable .damage. Cogsidcrable deterioration of the late spring wheat was reported bat harvesting of the early crop is well advanced. Cotton has suffered in some sec- tions. The bureau said the “larger part” of the corn crop in Missouri was reported ruined to such an ex- tent that it cannot be. used even for silage. “Serious and irrepara- ble injury’ was reported to the crop in most of Ohio; “decided de- terioration” in’ Indiana; losses “al- ready serious” in Illinois with further deteration; Iowa, “hot and dry”; much upland corn in Okla- homa “burned beyond recovery’; much of the Nebraska crop is ‘still fair’ but damage ‘has been heavy. HOOVER.URGES DEPARTMENT HEADS TO SPEED UP ECONOMY Tells Cabinet Members They Must Cut Expenditures at Once. WASHINGTON, July 30.—Preai- dent Hoover again has urged Gov- ernmept Departments and agencies to expedite plans to economize on expenditures during the present fis- cal year with a view to meeting a possible reduction in revenues be- cause of business conditions. At the White House it was said the revision suggested recently. by the chief executive had not pro- gressead with the speed desiréd by Mr. Hoover. He requested his Cabi- net and high department officials to give particular, attention to the work in view of the increase of $209,000,000 in the budget esti- mates over.jast year. The reduction in expenditures would not affect} the program to aid employment. \Seeretary of Commerce Lamont, | Secretary of Labor Davis and Post- mester-General| Brown were called} to the White House today to eon- "LOUIS, WEDNESDAY, COMMUNSTS SET FRE TO CHANGSHA, DESTROY MSION All Foreign Property In- cluding American Oil ‘Holdings Damaged or Destroyed. , MOBS GET SPOILS PILED IN STREETS Nanking Government Warned That Lives of U. S. Citizens at Tain _ Must Be Protected. By the Associated Press, SHANGHAI, July 30.—All foreign property in Changsha, once béauti- ful capital of Hunan Province, is thought today to be destroyed or doomed by the communist hordes that looted and burned most of the city, which has a population of nearly 1,000,000. Foreign mission- aries here characterize the depreda- tions as the ‘worst setback mission- ary endeavor in China has had in recent years. The worst feature, most of the missionaries said, was the plunder- ing by Red forces which surpassed in seriousness the most recent simi- lar outbreak at Nanking in 1926. Although detailed information was lacking, missionaries here said it seemed certain all missions in Changsha were ta be destroyed, if they. had not already been demol- ished. Although not all foreigners es- caped from Changsha to protecting American, British and Japanese gunboats, there has beén no report of loss of life among foreigners. The warships were forced by the falling water of Siang River to withdraw five miles from Chang- sha. The gunboats were unable to prevent destruction of foreign property by the Reda. The Reds ceased their indiscrim- inate burning of all property when they forwarded a demand for $420,000 to bankers and merchants but kept up the carnival of looting foreign institutions and business places and then applying the torch to buildings after distributing to street rabble the loot from the houses of “foreign devils.” Piling the loot in the streets, communists permitted the mobs to help themselves. The rabble appar ently did not resent the invasion and made off with the spoils. What little resistance was offered came from well-to-do Chinese, who were robbed and then either slain Or roughly handled. Much of City in Ruins. A large part of the city lay in ruins. Beautiful foreign mission properties were smoking heaps of stone, brick, steel. and debris. Apparently doomed to destruc- tion were large office buildings, foreign consulates and residences on an island in the Siang River adjoining the walled city. Among these were the offices of the Stand- ard Oil Co. of New York and the Texas Co. and the British consul- ate, Tremendous stocks and instafla- tions of the two oil companies on the outskirts of the city also seemed destined for destruction. No definite word was received as to the fate of four missionaries thought to have remained in the city. They were the Rev. W. H. Lingle of the Presbyterian Board of Foreign Missions; Dr. Allen N. Cameron, representative of a branch of the Galilee Baptist Church of Denver, Colo.; Miss Ger. trude Rugg, of the British China Inland Mission, and an Italian Catholic priest. List. of Missions Looted. A list of Protestant missions at Changsha reported looted and burned by Communists, follows: Domestic and Foreign Mission- ary Society of the Protestant Epis- copal Church of the United States, with American headquarters in New York; Hunan Bible Institute, which is the China department of the Bible Institute of Los Angeles, Cal.; Hunan Faith Mission, syp- po by the Galilee Baptist Chureh at Denver; British-Ameri- can China Inland Mission, Amer- dcan headquarters at Germantown, Pa.; German Liesenbeller Mission, headquarters at Liesenbel, Ger- many;, Norwegian Missionary So- ciety, headquarters at Stavanger, Norway; American Northern Pres- byterian on, head in New York: Board Foreign Mis- sions Reformed Church of the United States, headquarters Phila- delpAia; Seventh. Day Adventist Mission, headquarters Washington, Methodist “Mis- | Son ~ | | By the Associated Press. ~ WHO FLED AFTER MUROEROF LINGLE Frank Foster, Indicted - Gangster, Pointed Out.in Court at Bail Hearing by _ Policeman. TRIAL SEPT.'9 OR RELEASE ON BOND Grand Jury Inquiry, Which Ends Tomorrow, Has De- veloped Nothing So Far as Is Known. . CHICAGO, July 30.—Frank Fog, fer, indicted guuman, was identified in court today by Traffic Policeman Anthony Ruthy as the man he chased through throngs of shop- pers on June 9 as he fled from the scene of the murder of Alfred J. Lingle, Chicago Tribune reporter, in the Randolph street subway to the Illinois Central Station. The identification, drawn from the witness unwittingly by Foster’s own attorney, turned the tables on an attempt to free the gangster from jail where he has been held sing@ his ‘return 10 days ago from Los Angeles, under indictment for the murder, Ruthy, stationed at Michigan boulevard and Randolph street, de- scribed the man he pursued and lost in the crowd. “Did you ever see the man after that?” asked Harold Levy, defense counsel seeking Foster’s release. Ruthy hesitated, then _ said, “Him,” pointing to Foster. Ruthy was asked if he was posi- tive. “That's clared. Mrs. Foster, in the audience, turned white and her husband frowned. She had accompanied him back from California when he wus brought home under heavy guard, ostensibly to tell what he could of the ownership of the snub-nosed revolver found beside Lingle’s body. Judge Trude ordered Foster to trial Sept. 9, or admitted to bail. Police have said all along that they could prove Foster was at the murder scene. They have never contended that he was the actual killer, however. The killer, in flight, threw down his revolver. which at one time, as police sub- sequently learned, was owned by Foster. On these facts Foster was indicted as a principal participant in the crime. °: The grand jury today got the report of the special board of strategy that has been trying to collect evidence in the Lingle case. The report of this board. was given by Patrick Rocke, special investigator for the State’s Attor- ney, Charies F. Rathbun, Chicago Tribunte Attorney, and James Me- Shane, Assistant State’s Attorney. The jury’s term will expire to- morrow. No intimation has been given that it has found any solu- tion of the Lingle murder or of the alleged’ alliance between politics and crime, MISSOURI DROPS TO TENTH PLACE IN POPULATION Passed by New Jersey, With 26.8 » Per Cent Increase This State’s 6.3 Per Cent. Missouri has dropped from ninth to tenth state in population, while New Jersey has advanced from tenth to ninth, New Jersey, according to the pre- liminary figures announced last night, has 4,002,568, an increase of 846,688, or 26.8 per cent.~ Missou- the man,” Ruthy de- an increase of 215,121, cr 6.3 per cent. . Missouri ranked seventh among the states ‘In 1910 and fifth from 1870 to 1900. LINCOLN ESSAYS TO HOOVER Collection Given to President by ident Hoover today received «4 complete set of the essays, state papers and speeches of one of his favorite ers of Ameérican | History—Abraham Lincoln, * ‘The 12 volumes, a gift of Lin- berland Gap, Tenn., were present- the University. He. told the Prest- to me a , BS 4 _ a whee clear: teenie Sail ey ee ee ; rage, Pee > af P « re a ee oY Oe ¢ 2 : Se ae ee ay 4 ~ Nn ae & Te we “ Page; Colum 4” ae a 2 aie BS A ee i) > “itt ere , ee Le — heat ae Wee 8 My St » Bes! ee -* wre y : 4 8 =) » ae © -_ am, i oe eof & . 4