davidaulloa/AmericanStories huggingface dataset:
Hyder weekly herald., 1930-07-05
NOTICE OF FORFEITURE

To Nels Olsen, his heirs, executors, administrators or assigns: You are hereby notified that the un dersigned have expended the sum oi One Hundred (S100.00) Dollars during each of the fiscal years ending July 1, 1927 and July 1, 1929, ill labor and Improvements upon each of the fol lowing described lode mining claims situated in the Salmon River Valley, Hyder Mining District. Territory of Alaska. as will appear by Proofs of Labor for each of said years filed for record in the office of the Recorder for said Hyder Mining and recording district at Hyder, Alaska; said claims being described and designated as fol- lows:
 Butte No. 1, Butte No. 2, Butte No 3, Butte No. f. and Butte Extension. in order to hold said claims under the provisions of Section 2324 of the Re yised Statutes of the United States and the laws of the Territory of Alas ka concerning annual assessment work on mining claims: such expendi- lures of SiG0.00 upon each of said min ng claims for each of said years being the amount required to hold the same during said years.
 And you are further notified that if within ninety days after the eomplet- ion of the publication of this notice for the period required by law you tail or refuse to contribute to the un- dersigned, your co-owners, your pro- portion of such expenditures, as CO owner, your interest in said mining claims and each of them will become the property of the undersigned, your coowners, under the provisions of said Section 2324, U. s. Revised Stat utes.
 Dated at Hyder. Alaska, this 18th day of May, 1880.
 c. w. Peterson
 Cora McEachern Publish May q. 31; June z, 14,. 21, 2s: July 5, 12. 19, 26: Aug. 2. g, 16. g. 1930.
Hyder weekly herald., 1930-07-05
WHAT'S ON AT THE SHOW?

"The News Parade" a clever and mirthful comedy showing the romance, thrills and adven- lures of a news-reel camera man, featuring winsome Sally Phipps, supported by Nick Stu art, Earle Foxe and Brandon Hurst.
 Also one of those funny Ink well cartoon comedies, "Ko- Kos Daze." An especially interesting all-comedy pro- gram.
Hyder weekly herald., 1930-07-05

Concluding an extensive ser ies of alterations and improve ments which add greatly to the appearance and conveniences of the we'll known hostelry, proprietor George Brown has renamed the Mcdonnell Hotel, which will be known in future
 as "The Bungalow" Included in among the alterations is a spacions corner entrance which gives the establishment a de
Hyder weekly herald., 1930-07-05
LOCAL TOPICS

H. l.. Coleman, Ketchikan merchant, was a round-tripper on the Fairbanks this week.
 Raymond Fisher left Tues day for Lincoln Channel to look after his fathers fishtrap. interests in that section.
 A. B. Leonard was a passen- ger to Ketchikan on the Fair banks Tuesday.
 Thomas Markham, we'll known old-timer, is back from a short visit in Juneau.
 Property owners and busi- ness houses along Main Street have performed a much-need- ed service to traffic by laying a wide strip of heavy planking down the center of that much travelled thoroughfare.
Hyder weekly herald., 1930-07-05

cidedly business-like aspect. Lodging accommodations have also been greatly improved, making the hotel as comfort able and home-like as any in in the district.
 Mrs. James Captain and Mrs. David Finlayson arrived from Vancouver Tuesday to visit MT. and Mrs. Isaac Finlayson and family.
 The April report of develop ment progress on the B. c. Sil- yer property, released at the London headquarters of the Selukwe Gold Mining and Fi- nance Company, reads as fol- lows:
 "All work confined to No. 6 level. Drift 646, north-easterly drive on zone, advanced 143.5 it., thus putting face at 178.5 it. from 676 crosscut.
 Part of drive in silicified country, balance in green DOT phyry. One 5 it. back sample assayed S7.87, chiefly in gold. No further commercial values found. Some crosscutting was done south-easterly and north westerly, off 646 drift, but no ore chute intersected.
 Drifting, cross-cutting and side-swiping done 211.5 ft."
Hyder weekly herald., 1930-07-05

I E. D. Haddon. Cashier of the above named bank, do solemnly swear that the foregoing statement is true to the best of my knowledge and belief tSigned) E. D. Haddon
 Cashier tCorrect Attest) J. A. Hall
 HOlger Johnson
 Directors Subscribed and sworn to before me this 3rd. day of July. 1930 (Notarial SeaD Chas. F. Sandford Notary Public in and for the Territory of Alaska. My commisson expires May 17. 1881.
The Washington times., 1930-08-02
Com. e Southern
Asks Stock LISTING

The Commonwealth & South
ern Corp. has applied to the
Stock Exchange for listing 145,-
076 additional shares Of So pre-
ferred stock. the securities to De
offered in exchange for preferred
stocks of the Ohio River Edison
Co, called for redemption.
Applications TO list now before
the committee on stock list fol
lows:
Interns acknowledgement Chemical Cor
poratfon-119,22S shares Of per cent
cumulative preferred shares. S10e par
value. and SI4,110 common shares with
out par value
City OF HeIsingfors CFinIa nd Brown
Brothers & Co. interim receipts and
definitive bonds In exchange therefor
when issued for 5000, 900 3o-year 62
per cent external sinking fund gold
bonds, due April 1, 1850.
Commonwealth r. Southern Corpora
tion--14B.076 additional shares of pre-
ferred stock. S. series of NO par value.
American Tobacco Cempany~-1, 500. sSS
shares of common stock ($2s par
value) and 3,3So.3o4 shares of common
stock p (S25 par valUe).
Pan-American Petroleum 4 Transport
Company--6s.27S additional shares "f
class common stock. $50 par value.
western Pacific Railroad Company
$s72, 800 additional first mortgage 5
March /. is4s.
Union oil Company of California
43.044 additional shares of capital stock
($25 par valued.
The Washington times., 1930-08-02
rails FIGHT FOR
EXTRA FARES

Serious losses Of revenue would
result from reduction or elimina.
tion Of extra fares on fast pass
enger trains and would have a
profound and disastrous effect
upon the entire passenger ser.
vice Of Eastern railroads" nine
important Eastern roads told the
Interstate Commerce Commission
today.
They pointed to the grave dan.
ger to the basic passenger fares
themselves from any reduction
Because Of their great pre-
ent need FOR additional revenue,
the railroads submit that the
commission should take no &C
tiOn which would i'm any way
disturb the present situation or
deprive them Of SOrely needed
revenue yielded by q traffic
moving freely under the present
basis Of fares" the railroads
said.
another consideration Of
great significance, the import
ance Of which cannot be over
emphasized. Is that the present
structure Of refundabIe extra
fares upon = time basis between
New York and the basic time
points and related points Is one
which has been found adequate
and satisfactory considering al
the various competitive and op.
Grating elements.
Considering the fact that
extra fares on limited trains
have been in effect in this
country for 50 years the entire
absence Of complaint should be
conclusive ON the question Of
reaSOnablenesS."
The Washington times., 1930-08-02
ELASTIC. CREDIT
SAVING NATION

Consumer credit and an elasti
credit system which affords fund
to virtually all honest men ha
helped the United States to NEE
the unemployment problem NOR
successfully than any other coun
try, in the opinion of Pierre E
Bonin, president of Clarencl
Hodson and Company.
Bonin says:
CAS- far as we can learn, the
, United States is the only coun-
try which has solved the inn
pOrtant problem of supplying
funds to meet personal needs
during periods of business de-
preston, and / firmly believe
that our present system of lib
eral personal credit, extended
through q nationwide indus
trial loan system, is saving the
United States from the neceS-
sity of granting a dole.
ut is characteristic of the
enterprise Of our country that
the personal loan problem
should have been met by bust
ness methods rather than a
system of charity, such as the
dole. which enfeebIes- the will
to work. I have talked to 'sev-
eral English business men who
deplore the existence of the
dole and who have no plan to
suggest for bettering business
conditions in England as long
as 1t exists"
Mr.. Bonin points out that the
dole fails in its purpose because
it lowers the independence anc
Of the recipient, ir
addition to eliminating his eco
nomic responsibility. Where nc
taint of charity or philanthropy
enters into the transaction, the
borrower feels a measurable
amount of satisfaction in receiv
ing credit and in meeting hi:
at ne end of the
prescribed period of payment
When the worker is accorded
the same relative credit as the
business man, he also receives
an invaluable lesson in thrift
In the opinion of Mr.. Bonin
through the repayment Of the
loan by systematic saving.
Said Mr.. BoniI1:
wise borrowing Is an en-.
cOuragement to thrift and I'M
dustry because It increases the
economic welfare Of the worker
and maintains an even flow
Of expenditure. Examination
into . prospective borrowers
methods Of personal finance
by the credit.trained mind
often leads to the uncOvering
Of weaknesses which may be
remedied and habits of thrift
established. If for no other
reason an elastic personal
credit system is well worth
while.
The Washington times., 1930-08-02
July 80 July 20, July 81
1880. 1880. 1929.
importers Reduce
ChIOrnte of Potash

Importers Of chlorate Of potash
passed along the benefits Of q
reduction Of NC per pound in
the import duty to consumers
last week when they lowered
their prices to &c and S1ac per
pounds.
Persistent weakness was shown
in tartaric acid because of a keen
state Of competition from the
foreign. Apart from the above
the general level of quotations
for industrial chemicals was
without change, the index mum.
bers for 25 typical products
standing at 1897, compared with
1881 a month ago. and 1924 in
this week q year ago.
The Washington times., 1930-08-02
RESERVE DROPS
43 MILLION

The daily average volume Of
Federal Reserve Bank credit out
standing during the week ending
July 80, as reported by the Fed
eral Reserve banks, was 1894, ,OO0,-
600, a decrease of $4,000, 900
compared with the preceding
week and of $3SS, 900, 900 COM
! pared with the corresponding
week of 1929.
On July 80, total Reserve bank
credit outstanding amounted to
1927 200, 900, a decrease Of $l9.-
100000 for the week. This de-
crease corresponds with declines
II $17,OOO,0 200 in member bank
eserve balances, $10,00O,00O in
money circulation and $1,000, 900
4 unexpended capital funds. etc,
Y 5ffset in part by decreases OF
81, ,OOO, 900 and $4,000, 900 in none
tary gold stock and Treasury
currency, respectively.
Holdings of discounted bills in
creased $6,O0O,000 during the
week, the principal changes being
an INCREASE of $6,000,000 reported
by the Federal Reserve Bank of
New York and a decrease of $4,-
100000 at the Federal Reserve
Bank of st. Louis. The systems
holdings of bills bought in open
market declined $2O.000,00 and
Of Treasury certificates and bills
$2S, 200, 900, while holdings of
United States bonds increased
$7,0O0.OO0 and Of Treasury notes
$4,000 900.
Changes in the amount of re
serve bank credit outstanding and
in related items during the week
and the year ending July 80. 1880,
were as follows:
Increase or decrease
The Washington times., 1930-08-02
PREDICT MORE
PRODUCTION

That an increased rate Of pro
duction will be soon required tt
meet the requirements Of retail
trade is the statement made By
the National City Bank in its
monthly review of conditions.
Although emphasizing that cur
rent conditions show no change in
the trend: the bank points Out
that the quietness now prevailing
in business, particularly the pro
ductive end, is having the effect
of reducing surplus stocks. Con
tinuing the bank states:
"Once accumulated stocks are
out of the way, production be-
comes more closely related to
consumption and the first stage
of stabilization has been reached
There is reason to believe that
production in many manufactur-
ing industries in recent months
has been below current cOnSump-
tiOn, which would mean that
dealers stocks are being cleared
out and that the increased re-
tail trade of the fall months
probably will call for higher in
duStrial activity.
"It is known that automobile
production has been restricted
with view to reducing dealers
stocks of both new and second
hand cars, and that good prog.
ress to that end has been made.
Information concerning stocks
in other lines is not 50 definite
but generally in trade circles
the belief prevails that an In
creased rate Of production will
be soon required to meet the re-
nuiremnnfS of retail trade"
The Washington times., 1930-08-02
Big Rise Predicted
For Corn Products

Persistent strength in corn
futures. which had taken a per-
pendicular advance of close TO l6c
per bushel during the month Of
July, was expected to have a later
influence on corn starches and
dextrins, as we'll as butyl alcohol
and some other corn by-prodIcts.
Last week natural dye and tan
ming products developed but few
changes apart from some price
shading in cochineal and Rangoon
cutch, and index numbers for
19 typical products coming under
this head remained unchanged at
1921, whereas a year ago this
index figure stood at 1891.
The Washington times., 1930-08-02
CHICAGO LIVESTOCK

CHICAGO Aug. 2 tIN.s)s-He9s--
Ss.7S; bulk. S. SO@S.SS; heavyysight
SS4O@s2S; medium wsikkt. $S.1o4
80; lightweight. Ss4S@S.TS; light
lights. s915@s;7o; packinG sows sf@Sj
pigs. Ss25@S25.
Cattle-Receipts, 500: market strong
Calves: Receipts. 100; market steady
Beef steers. good and choice. son;
,linss. $G0ll. Butcher cattle. heiferS
$3.50 a 10; cows, ss.7507.5O: bulls. $3.50
ass calves, 9S@1l,50: feeder steers,
S667T5; stocker steers. $5n7.50i
stocker cows and heifers, s9@4.50.
Sheep-Receipts, 4,00O; market steady.
Medium and choice lambs. $3.50 GS.60:
euls and common, $5@750; yearlings,
S5.5067.50; common and choice ewes,
$2d3.75: feeder lambs, $5.506S.50.
The Washington times., 1930-08-02
Crude Oil Prices
ShOW No Chance

The average price Of crude pc
troleum in ten producing fields
was unchanged last week from
the previous week at $1.455 per
barrel. The average price for
the corresponding period last
year was $1.727 per barrel, accord
ing to the Oil, Paint and Drug
Reporter.
Gasoline at the refineries was
also unchanged last week from
the previous week at TOO per
gallon at four principal refining
centers. Service station prices
at 10 leading markets were un-
changed at 10000 per gallon.
The Washington times., 1930-08-02
BY LESLIE GOULD

~ ANA@0AAAA@ NNOOAA<
In the last year officers Of some
Of Americas most prominent cor
porations have .dabbled in thC
stock market.
Some have sold stocks in their
own companies in hopes Of buy
ing them back at lower levels
Others have even gone q step fur
ther. They have sold their com
pany's stock short.
In most cases this has netteo
a tidy profit of q million or two
In two or three cases early in
1929 the reverse was the case. In
order to keep control and their
jobs the officers had to buy back
the stock they had sold at higher
levels.
An this brings UP the question
of legal and moral duties Of cor
poration officials to their stock
holders.
In the case Of holster Radio
Corp, where the officers cleaned
up well over $4,000, 900 IN selling
the company's stock, the court de
cided there was no legal obllga
ton. The court was silent on the
moral duty.
Holster Drops SIS
holster Radio stock fell last
wear from $78.75 to $3.50 share
in December.a The officers sold
most of their stock prior to July
last year, several months before
the market cracked. Soma started
selling in 1927 and 1928. In 1928
the stock sold as high as $95.87
The company was placed in re
ceivership in January, this year
Rudolph Spreckels, the sugar
baron a:1d chairman Of the board
Of holster, in selling holster stock
in 1927, 1928, and 1929, made q
clear-cut profit Of $12,908,612.
These are Spreckels own
EIIery Stone, Holsters presi.
dent. made 1898, 900 in purchase
and sale Of holster stock. Be
tween June. 1927. and July, 1929
Stone bought and sold $4,000 kol
ster shares. In January, OF this
year, he held only 101 shares. He
has never explained why he held
onto the 1O1.
Spreckels once held 387, 7,504
holster shares. In January ne
still had 1920 common shares
and 57,246 preferred shares.
Spreckels testified:
81 submit that IL. / intended
running out on the shareholders
or leaving them in the lurch. ]
would mot have done that"
He was referring to a $1,35O,OVU
loan. of which 100000 is still
due, he made to the company and
underwriting and paying for 81,
246 preferred shares. Preferred
stock was offered last year at $45
a share. At $45 a share the pre-
ferred shares cost him $2,376.O70
Thus If holster never repays
the $500,000 to Mr.. Spreckels and
he never realizes on the preferred
his net profit will still be over
10000, 900.
Charges Of Rigging"
Frederick Dietrich and Maurice
A. Rypinski, holster directors
also are understood to have hac
a finger in the stock deals.
One holster stockholder burned
in the stocks crash charged the
market was rugged. The court
found this charge was not sub
stantiated. But this comment
was made from the bench:
"SpreCkels, Rypinski and
The Washington times., 1930-08-02
TOBACCO SLUMP
FACES j. s. QUIZ

: Charges that manipulation has
caused a sharp drop in tobacco
prices, especially those for bright
leaf, viii be investigated by the
antitrust division Of the Depart
ment Of Justice, 1t was an.
nounced yesterday.
A complaint was made by Sen
Ator George and Representative
Edwards, Georgia Democrats.
Special agents will be sent to
Georgia shortly, the department
said.
The Washington times., 1930-08-02
Specializing By Officers.
Causes Holders Loss

Dietrich were participants I'm Q
syndicate operated By George
r. Breen. They supplied the
stock; Breen dOled II out to the
public"
The poor, old public also helped
hold the bag.
Breen would never testify as to
his part in the deal. The hear
ings were held in New Jersey,
where there was no jurisdiction
Merger Doomed -,
Mr.. Stone, In telling Of his part
in the stock sale, said he was not
aware in July, 1929, the company
was operating at a loss. He Soldd
his stock around July. 1t was not /
until September that he found
the company had been losing
money. 81
The court also comments on
this. Mr.. Stone, the court said,
must have known early in 1929.
that the company was sustaining
loss and, the bench added, that
hundreds Of thousands Of shares
in holster had been sold by,
Messrs. SpreckelS. Rypinski, Diet /.
rich and himself.
Last year before the market
break holster officials, although
he had sold practically every
share of stock, allowed stories to
appear Of a merger with Earl
Radio Corporation. y,
On October 2, 1929, q joint !
statement on the merger was
made by Spreckels and Clarence
A. Earl. ~
"In our opinion this contract :
should prove highly advantage
ous to stockholders Of both com
panieS." paH
Twenty-three days later the :
deal was called off, with the fol-i
lowing statement from Spreckels:
''It is not our purpose to dis
cuss reaSOnc that prompted cor
pOration to terminate said
agreement" 1
In January Of this year q re-
ceiyer was appointed for holster.
Plan Reorganization rs
A plan for reorganizing holster
IL now before the New Jersey
courts. Stone Is one Of the re-
ceivers and he, Spreckels and
Dietrich figure prominently in the
reorganization plan. -.
The receivership was due to de.
pressed radio market and large
inventory.
Spreckels' interests are wide.
In addition to his holster connec-
ton, he is president Of the Federal
Sugar Refining Company, Spree
kels Sugar Corporation, West Tu.
lare Land Company. Pitt River
Power Company, Western Whaling
and Trading Company. State I'm,
provement Development Company.
Pacific Coast Jockey Club, ana
City Investments, Limited. He is
listed as director Of the Uni.
versal Company and Syrup Prod
ucts Company. ~.
| His home is, in Buriinganne,
Calf, exclusive residential section
outside of San Francisco. He
comes from the famous California
Spreckels family, long identified
with the sugar industry.
Ellary Stone has been con-
nected with Federal Telegraph
Company.
Frederick Dietrich is listed as,
having an office at 80 Broadway.
The Washington times., 1930-08-02
Binkerd Out As Head
Of u. s. Shares Trust

Robert S. Binkerd yesterday re-
signed as president Of the United
States Shares Financial Corpora
tion. The corporation recently
figured in a merger with the At
lantic and Pacific international
Corporation, Of which Donald j,
Hardenbrook is president.
Mr.. Binkard was formerly vice
chairman Of the public relations
comr%ittse Of the Eastern rail-
roads and q former partner in
the New York. Stock Exchange
firm of James Oliphant and Com
Dany,
The Washington times., 1930-08-02
June Confectionery
Sales ShOU Drop

June sales Of confectionery by
manufacturing wholesalers totaled
$17,773,557, as compared with
$20,049,0 OPT in June last year, re-
ports Of All firms to Commerce
Department show. Sales In June
were 1913 per cent less than in
May, and 3 per cent less in the
first six IaonthS compared with
the first half Of 1899.
The department states the per-
centage decrease from May sales
was much less than was the case
last year. due to more favorable
weather in the first half Of the
month,
The Washington times., 1930-08-02
Wall Street House
CHANCES Firm Name

Furlaud & Co., Inc, So Wall
st. New York. announce that ef-
fective today, the firm name has
been changed to Furlaud, Reuter-
& Co.. Inc. This change does
not affect the ownership in any
way as Carlos Reuter- has been
a principal since the corporation
was established.
The Washington times., 1930-08-02
BigeLOU-S0nfOrd
Profit Off ShnrnLu

The Bigelow-Sanford Carpet
Co. reported to-day for the six
months ended June 80. a net in.
come available for common divi-
dends Of S443,939 or $1.41 a
share compared with $s02.001 or
1898 share in the same 1929
period.
The Washington times., 1930-08-02
ULen e Co. Earnings s
Hold at 1929 LeUeL

Ulen & Co. in the quarter end
ed June 80 had a net income OF
$222,287, or 80 cents a share on
the outstanding capital stock.
This compares with $221,783 in
the like 1929 period.
The Washington times., 1930-08-02
BIG GOLD SHIPMENT

Guaranty Trust Company of
New York announced today the
shipment Of 100000 in Gold
bars to Paris on the steamship
Bremen.
The Washington times., 1930-08-02

Ex dividend Ex rights. Plus - IN stoek sPay-
aerp Plus PAID regular
rate. Psyabls stock Payable when earned ePay.
d cash Plus 1OE stock. Plus 0& -
stock Plus 80 stock. Plus s% @ stock Piss
n 3.S& stock n.PIus So IN Stcek.
subject approval sG0ekheIdsrs Plus sxsaA sUn's
ahaeas.
The Washington times., 1930-08-02
COMPLETE QUOT ATOMS ON THE NEW YORK CURB MARKET

BY W. Hibbs Co.. By Direct Wire From the Exchange
Seward daily gateway., 1930-10-30
COLORFuL PROGRAM "
 ID BE PRESENTED .
 FUR ATHLETIC FUND

A colorful program has been arr ranged for the entertainment to be offered tonight at the Seward Pub lie School building by the Four H Girls Cooking Club, proceeds of which will go into the school ath- letic fund Adults are to be charged an admission of 35 cents and child ren 25 cents, aFld following the close of the regular entertainments there will be refreshments.
 The affair begins at 8 o'clock with Leon Urbach, President of the Chamber of Commerce as master of ceremonies. The program will be as follows:
 Orchestra .... Song of the Islands Marie Tollbom .--- Tap Dance Marjorie Webb and Margret Lar son ...... It happened in Monterey Delorne Balch,- The Flapper Dance Georgie Colwell- -....-.. Boys Song Marie Tollbom and Billy Fairwea- ther ...-..-....-.. Is She My Girl Friend
Seward daily gateway., 1930-10-30

Walter A. Averill, editor of the Pacific Builder and Engineer, has been one of the most consistent promoters of the Tn ternational Highway Besides articles i'm his own magazine he has written much about the proposed highway in eastern publications.
Seward daily gateway., 1930-10-30

Amanda'S Hand Laundry now open for business. Phone Madi- son 126.
Seward daily gateway., 1930-10-30

The round silver dollar should be given square deal in com petition with the flat, paper bill.