davidaulloa/AmericanStories huggingface dataset:
The Daily Alaska empire., 1931-05-08
NOTICE

NOTICE
 The Auxiliary, Pioneers of Alas ka, will give a Public Card Party after their meeting Friday, May 9th at 8 pm. Refreshments and prizes. Admission 50 cents. adv.
The Daily Alaska empire., 1931-05-08
TIDES TOMORROW
HALIBUT PRICES

PRINCE RUPERT, B. C., May 8. One hundred and forty-five thou sand pounds of halibut were sold here yesterday, all American fish, for 1210 to 2 cents.
 SEATTLE, May 8.-Only 5000 pounds of halibut were sold here yesterday for II and ' cents.
The Daily Alaska empire., 1931-05-08
The Daily Alaska Empire
MISCELLANEOUS

EXPERT window cleaning at low
 cost. Phone 103 after g am.
The Daily Alaska empire., 1931-05-08
5000 LBS. OF KINGS
 COME FROM HOONAH

Six thousand pounds of king sal- mon were brought into Juneau to- day by the Celtic, Capt. Henry Moy, fish buyer. The cargo had been obtained from trollers near Hoonah. It was delivered to the Juneau Cold Storage Company, Wallis s. George, manager.
 As Friday, May 8th, is the last meeting before the summer vaca- ton the Pioneers and Auxiliary will have public Card Party. refreshments will be served. Ad- mission SOC Meeting called for 7:15. Card Party 8:30 P. M. --adv.
 
 Old Papers at The Empire.
The Daily Alaska empire., 1931-05-08
FOR SALE

FOR SALE-Dining room table and four chairs. Also china closet. M s. Whittier.
The Daily Alaska empire., 1931-05-08

FOR SALElPower drag saw. Good
 condition. See Chas Warner Go.
The Daily Alaska empire., 1931-05-08

Old Papers at The Empire.
The Daily Alaska empire., 1931-05-08

PIANOS. Radios, Sewing Machines, Monographs, Expert Piano Tun- ing. Radio and pnonograph re- nairing. Anderson's Music Shoppe.
The Daily Alaska empire., 1931-05-08

FIRST class board and room, cen- tral location. Single rooms with board $5000 per month Double rooms with board $4700 month. Maxi Boarding House. Mrs. Gus Wahto.
The Daily Alaska empire., 1931-05-08

CLUB Gale TOT lease to responsible parties or for sale. Apply Robert T. Kaufman at Gastineau Cafe.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS

NEW YORK, February 2-The fol-
lowing is a summary of important cor
poration news prepared by the Standard
Statistics Co, Inc, New York, for the
Associated Press:
Weekly News Review.
Concern over the possibility of legis-
lative action to provide funds for a war
veterans bonus caused considerable I'M
settlement in the security market last
week. Bonds we're distinctly reaction
airy, with Government issues suffering
acutely. The Standard index of 30
high-gTade bonds declined by IL per
cent. and based on Saturdays quota
tons was within 06 points of the years
low. Leading bankers and economists
seem to be almost unanimous in the
belief that q large bond issue by the
Government at this time would cause
a sharp setback in the bond market
and while distribution of funds might
temporarily stimulate business, such ac-
ton would ultimately result in the pro-
longation Of the depression.
Stock price movements were irregu-
lar, with the trend downward. Quo
tations for leading issues declined on
an average Of about per cent during
the i've and one-half trading sessions
On the commodity markets Of ao
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
CORPORATION FARM
PLANS PROTESTED
Western Legislatures Confronted
With Problem-Public Opinion
Is Divided.
Special Dispatch to The star.


KANSAS CITY, Mo, February a.
With two-thirds of Winter past and
with mild temperatures continued since
Thanksgiving, making this the warrnest
Winter in many years, the interior Is
looking forward toward Spring.
AS far north as Central Kansas and
Missouri plows have been turning over
soil for Spring crops, a novel experience
for January. But it has added to the
ability OF the farm country to conserve
It's resources and has given opportunity
to carry through live stock at a mini
mum cost. Little moisture has fallen
during the last three months over a
great part Of the wheat belt, but with
subSotl well prepared the wheat crop is
coming along. with conditions generally
favorable due to the above normal tenn
perature.
The opposition to mass production of
grain through corporation farming is
beginning to take form as the Legisla-
lures are ready to receive appeals. Bills
are being introduced to prohibit the
chartering of farming corporations,
mass meetings are being held favoring
such legislation, and petitions are being
circulated out In the wheat belt ask
ing for cancellation of such corpora
tons charters. The advocates of such
action declare that corporation farm
ing will in q very short time stifle farm
life, and our schools, churches and vii
lagos will soon be thing of the past"
This is based on the theory that the
huge farms of $4,000 to 100000 acres
will eliminate the individual farmer
and all the social conditions that he
makes possible.
Along with this goes complaint from
retailers OF implements and other equip
ment that manufacturers are selling di-
rectly to the corporations and that the
retailer Is being robbed Of his sales.
(Copyrisht. 193l)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02

major products 10 remained unchanged
IN price as compared with a week pre-
Hous. However, the drop IN farm
products prices. especially those for
grains, was large. Corn closed on Sat-
urday at 631 cents, this Is about 40 cents
under the high of last August. Weak
ness in grains is attributed to reduced
feed consumption because of unusually
good pasturage. other important COM
modities showing losses are copper, cot
ton, sugar, coffee, cocoa, tin, silver and
silk. The annalist index of prices
dropped to its lowest since December,
1915.
Outside Of an increase of Hs Of per
cent in acceptance yield, money rates
were unaffected by the usual month
end demand or the proposed Govern
ment financing. Call money continued
at ~ per cent on the Stock Exchange
with outside rate per cent. The latest
consolidated Federal Reserve Bank
statement showed bank credit has been
reduced $4,000, 900 further to $685.
600, 900, or more than 10 per cent less
than year ago. Brokers loans in the
week end, January 20, registered their
seventeenth increase in ID weeks. De-
cline totaled $4,000 900, and brought
the aggregate to $l,734, 100000. Since
last September chs class Of loan has
decreased by l,4SS, OOO, 900.
Industrial activity registered some
further expansion last week, but on the
whole gains were less than seasonal
proportions.
Operations in the steel industry adj
vanced about per cent to Al per cent
Of capacity. This rate compares with
about - per cent year ago and around
~ per cent in the 1928 period. The
Iron Age states that while the uptugn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02

in steel business since the first Of the
year has been diSappointingly gradual,
nevertheless, it is felt that such move"
ment Is preferable to sharp gain I'M
supported by commensurate expansion
OF consumer needs. Railroad freight
trafflc in the week ended January II
increased by 1.6 per cent over the pre-
ceding week. This total was be-
low that of any like period since
the relative decline was the smallest
recorded since early last November.
Automobile production continues up
ward at about the usual seasonal rate.
Electricity production in the seven days
through January "a was So per cent
smaller than in the 1880 week. but only
OIL per cent below the 1929 week.
Building contracts awarded in the States
east of the Rocky Mountains during the
first three weeks of January were ST.
per cent below the December average
per business day and 282 per cent
under the January 1890, average. Sur
vey of the builtiing industry at this
time leads to tie conclusion that the
gap between the Jewels of current awards
and the activities Of year ago will
be gradually narrowed during the next
several months. Present prospects are
that contract values for the first quar-
ter will fall some 12.5 per cent below
the like 1880 period. Near.term devel-
opments Of public works and utilities, it
is thought, viii continue on plane
moderately under year ago. Resia
Dental building, longest depressed and
still declining. shows evidence of
strength in single and two family houses
and subdivision developments and the
next few months Is expected to witness
considerable stahiIizatien. mi contracts
tor tnese typ& 81 housing.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
GRAIN MARKET

CHICAGO, February 2 (R.-Grains
advanced early today after a waverinc
start. Persistent lack of moisture over
most domestic wheat territory led to
increased uneasiness regarding prospec-
tive crop damage. Liverpool stocks OF
wheat showed curtailment, although
stocks on ocean passage enlarged
Opening unchanged to q cent of,
wheat later scored material upturns
Corn also started unchanged to "a cent
down, and subsequently rose all around
Dryest weather since 1919 was re-
ported by st. Louis, rainfall being less
than half or normal. About the only
decided dampening reported was in
parts Of Texas, together with scattered
showers in Kansas. Nevertheless, trad
ing which started here today in Sep
TENDER wheat delivery, was at q dis
count of about 2 cents under July.
The reason given was fear that owners
of concentrated holdings of cash wheat
would sell September to provide an
outlet for some of their load
Lowering of estimates of the 1880
world wheat crop to per cent over
the 1929 total was announced. The re-
duction was chiefly in Australia. Wash
ington UfficiaI advices that wheat prices
this Summer might go below those of
market influence. Increased primary
receipts of wheat were also disregarded.
Corn and oats rose with wheat
Provisions were responsive to down.
turns in hog values.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
CURB SHARES DROP
IN SMALL MARKET
Lower Quotations Fail to
Bring Out Much Stock
on Decline.
BY JOHN A. CRoNE.

Special Dispatch to The Star.
NEW YORK, February 1.-THE Curb
Exchange Moved lower today, but
trading turned so slow that fluctuations
were virtually meaningless. A steady
slipping of quotations failed to bring
about any increase in offerings.
American Superpower and Electric
Bond e. Share again were leaders iri
the utility division, but they ranged
narrowly. A block of 5000 Common
wealth Southern warrants at . showed
q trifiing loss. Cities Service was
slightly lower around the 17l2 level.
Great Atlantic & Pacific Tea was
down about points, despite rumors
that the stock, on which only recently
the dividend was increased. may be
split up. United Milk Producers pre-
ferred fell more than IL points. Among
the food specialities, Mead-Johnson
was somewhat lower.
In the motor accessories, Pines
Waterfront was up 25s points on Chi
caeo buying. Cord Manufacturing,
Stutz, Durant and Ford Motors, Ltd,
we're rather dull during the forenoon.
Traders showed caution in the mat
ter of dealing in oil shares, for most OF
the statistics published today repre-
scented conditions several months ago.
A reduCCf0n IN the DIVIDEND IdIe VI oAe
Standard Oil concern caused those
shares listed on the Curb to turn dull.
Vacuum Oil at times was down more
than a point and Standard Oil OF Ne
braska eased, while Standard of In
diana showed rather feeble resistance
to pressure South Penn Oil sold of.
Midland Royalty preferred gained a
point Just as Gulf Oil of Pennsylvania
eaSed its early advance OF more than
2 points.
Bell Telephone of Canada made its
first appearance in more than a week
at a net gain of 3 points. International
Superpower proved an exception to the
general trend of international shares by
opening up ~. Southern Natural Gas
was up a point.
Heaviness in London, said to be due
TO selling from Wall Street and Paris,
had its repercussion here at the open
ing today. Brazilian Traction was
down "a and Ford Motor, Ltd, off
about half that amount as many other
international shares, such as British
American Tobacco B, registered smaller
declines.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
INVESTMENT TRUSTS BUY
COMMON STOCK ISSUES
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, February 2.-High de-
gree of concentration Of certain COM
mon stocks in the portfolios Of invest
nnent trusts, which have absorbed capl-
tai Of nearly $500 900 900, is indicated
in an analysis of trust holdings by j. H.
Lewis of Goodbody & Co., who estl-
mates that from Is to Is per cent OF
many popular stocks have been taken
out of the market by the investment
trust movement.
1.-The rapid increase in the number OF
fixed and seni-fixed trusts during the
past year" says Mr.. Lewis, land the
continued gain in such investment
media has strengthened the technica!
position of many stocks. The peak OF
this movement does not appear to nave
been reached, and as 1t grows the erect
marketwise would be to strengthen rur-
tl1er the technical position Of favorite
stocks by reducing the floating supply
and increasing the demand for sucn
stocks at the market.
"There are at least IS fixed and semi
fixed trusts in this country. with total
capital approaching S500,o00,OOO. But
this uicture cannot be considered apart
from the general investment trust nelo'
IN which there are at least $50 COM
panies. with about 81, 900 900 900. These
latter companies have huge amounts OF
securities in their portfolios, which VIII
probably be held for several months AT
least. thus further reducing the noatlng
supply of certain stocks.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
MITCHELL OPPOSES
CAPITAL GAINS TAX
Financier Tells Committee
Impost Interferes With
Movements of Market.
BY the Associated Press.

BY the Associated Press.
Repeal of the capital gains tax was
recommended today by Charles e,
Mitchell, chairman of the National City
Bank of New York, as one way to pre-
vent q recurrence of stock market
mutations.
The financier told the Senate Bank
ing Investigating Committee Govern
ment revenue would be increased, or
at least maintained. If the tax in profits
made on the sale OF securities were
eliminated.
whether it is practicable to eliminate
it all at once can't say" he said, but
it is one of those faults in taxation
that, in my opinion, is disastrous both
in rising and falling market"
He explained that holders of securi-
going up in hopes of reaping the utmost
profit and sell in a declining market to
avoid paying the tax. He said capital
gains tax returns for 1880 would be
found much reduced while those on
1929 operations would be larger owing
to the profits made.
IF a man can take his gains without
9 break and take his losses the same
way" he said, there will be a greater
mobility of capital, and through that
the Government will get as great, If not
greater, revenue"
Mitchell favored examination of bank
securities corporations by the controller
of the currency simultaneously with in
specticn of the bank He advised, how
ever. against too rapid publication OF
reports" by the affiliates because 1t
might give wrong slant" on the cor
poration's earning power.
This earning power was never stable,
he said, adding publication of reports
once year were sufficient.
He said, however, he saw no more
reason for requiring affiliates to pub
lish their stockholdings than to require
commercial banks to disclose their loans
and discounts.
"It would be very advantageous to
the bank aflliate as against the private
bank with whom 1t is in competition"
he said.
More fexibility in the laws rather
than further restrictions were advocated
by the flnancier.
pRATCEC RESERVE ACT
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
INTERMEDIATE BANK
BUSINESS IMPROVES
Federal Institutions Have In
creased Aid to Farmers
of Nation.
Special Dispatch to The Star.


BALTIMORE, Md, February 2.-The
IL Federal Intermediate Credit Banks
did the largest business in their history
during 1880, lending to farmers COOP
erative marketing organizations $780,
927,o63. and discounting farmers notes
given to local lending institutions
amounting to $109, DAT ,068," said Hugh
S. Mackey, manager of the Federal
intermediate Credit Bank of this city,
mere To-Day. This business represents a
large increase in the amount of loans to
cooperative organizations and a con-
tlnuous growth In the amount of farm
erS' notes discounted each year by these
banks. The greater business done with
the farmers cooperative marketing or
ganizations undoubtedly was greatly
stimulated by the activities of the Fed
eraI Farm Board during the last year
and the consequent increase in interest
In cooperative marketing of farm COM
moditieS.
THE Federal intermediate Credit
Bank OF Baltimore increased its BUSH
ness during 1880, compared with 1929
and previous years." continued Mr..
Mackey. The Federal intermediate
Credit Banks have supplemented the
credit facilities of local banking insti-
tutions in several localities in order to
take care of the legitimate credit needs
OF the farming population. Last year
this bank lent over nine million dollars
to farmers through cooperative mar
ket1ng associations, local banks and
agricultural credit corporations. Indi-
cations are that this year will show
still further increases.
The credit offered by these banks is
essentially self-liquidating from the
proceeds of crops and livestock. The
period Of the, loan comedies with the
farm or marketing operations for which
the money Is borrowed, usually six to
IL months.
During the greater part of the last
year the bank has charged interest at
the rate of 4 per cent per annum. This
was the rate to the farmers co-opera-
tive marketing associations as we'll as
to the local lending institutions which
discounted or borrowed on farmers
notes. These local institutions could
not charge the borrower more than
per cent"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
BARTER SYSTEM PERFECTED
BY CHICAGO MAIL ORDER FIRM

prepared pelts sent to the company's
six receiving stations at Dallas, Kansas
City. Chicago, Seattle, Philadelphia and
Memphis.
The purpose of the fur show. as well
as the turkey market. is to encourage
those side-line activities by farmers
and their sons Naturally, what adds
to the buying power of the farmer is
beneficial to the mail order people. They
also place high value on the good will
built up by their middleman activities
Most of the furs handled by the Chi
cago company are marketed with a
large local dealer in wholesale and re-
tail furs.
Last year the aggregate value Of furs
handled this way was $3,400, 900, Alas
kan trappers receiving 1885, 900 of that.
One black silver fox pelt netted the
trapper SIPS.
John Guessing Of Gilmanton, Wis,
carpenter in Summer and farmer in
Winter. won first prize last year with
skunk pelt. He used the $4,000 prize
check chiefly to improve his house and
establish substantial bank account.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
MARYLAND TOBACCO PRICES.

BALTIMORE, February (SpeciaD -
Receipts of Maryland leaf tobacco re-
ported were LAG hogsheads, while sales
totaled 1876 hogsheads, among which
were some better grades of old crop,
which brought very good prices. This
leaves stock In State tobacco ware
houses of 1881 hogsheads. =
Quotations today for Maryland leaf
tobacco, per 100 pounds: Inferior, 6.00a
1000; sound, common, 1000a22. 90;
good, common, 22.50a32.00; medium,
3250a40. 90; good to fine red, 40.50a
So 90; fancy, 53.50a54.00. Seconds !:
dunn, 25.50a35.00; good to fine, 35.50a
$500; ground leaves, nominal; upper
country hurley, 7.O0a40.00.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
NEW YORK COTTON

NEW YORK, February 2 Especially =
Opening cotton prices today were 8 to 5
points lower. Acreage estimates were
the chief market topics, with the mar
ket leaning to the probability of bearish
figures. Trade buyers bought on a
scale down. There were many offerings
from the Continent and from Southern
houses.
Opening prices were: March 1893. off
3; May 1859. off S; July 1924, off 4;
October 11.12, of 3, and December
1882, of 4.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
BY WALTER BROWN.
By the Associated Press.

BY the Associated Press.
CHICAGO, February "A barter
system by which a farmer may trade
commodities for manufactured articles
has been perfected by a mail order
house here which forwards the money to
the producer should he not desire their
wares. No commission is taken out
for the service.
The concerns dealing in raw furs.
one of the two industrial processes to
which the barter has been applied, is
in its second year. Last year more
than 100000 raw flrs were marketed
by the catalogue people. This year raw
fur show from April Is to May l will
end the seasons business.
The company also operates a turkey
marketing system that last Fall sent
100000 pounds of turkeys into the mar
ket. The raisers were paid 81 cents a
pound. the price then prevailing upon
the Chicago market.
Awards of $4,000 will be made by the
company to the 219 most skillfully
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
CHICAGO DAIRY MARKET.

CHICAGO, February 2 Pl.-Butter
iO.l45; easy, creamery, extras (S2
score, 2734; standards l9O-score car
LOTS. 2612; extra. frsts (so-sl score
26a2sIs: firsts $3.50 score), 25a25 u;
seconds 1851 score), 23a24. Eggs
1875; easy; extra, firsts, 17al712;
fresh graded frsts, 16a1ei2; ordinary
firsts, Halls.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
PARIS BoURsE PRICES.

PARIS. February ga heavy
tone prevailed on the Bourse today.
Three per cent rentes, So francs IS
confines. Five per cent loan, 10l
francs so confines
Exchange on London, 1913 francs s91z
centimes. The dollar was quoted at
IS francs 5112 confines.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
NEW SECURITIES

NEW YORK, February (P).-New
securities offered today include:
MacLaren-Quebec Power Co. ST., OO0,-
900 forty-year 512 per cent first mort
gage sinking fund bonds, Series "a"
priced at "a and accrued interest to
yield 500 per cent. by a group headed
by Dominion Securities Corporation.
City of Rochester, N. Y, 1888, 900
4 per cent bonds. dated March 1, 1881,
and due serially March /, 1882, to 1861,
inclusive, priced to yield from alas to
$50 per cent, by syndicate headed by
the Bankers Co. of New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
POTATO MARKET.

CHICAGO, February 2 (F1 Omitted
States Department Of Agriculture) -
Potatoes. 209; on track. 81: total
United States shipments Saturday, ESQ.,
Sunday, "A: weak; trading rather SLOW
shade higher; Minnesota, round whites,
1.15a1.25; Idaho Russets, No. /, LISA
U.s. few shade higher; No. 2, 1.30a
1.35; Colorado McClures, 175a1.s5.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
MANY BOND ISSUES
SOON TO MATURE
February Interest Payments
viii Also Total More
Than $780, 900, 900.

Interest on domestic corporate and
United States Government bonds and
foreign dollar bonds payable In Feb
ruary win total $l2o.5Ol, ITO. according
to the Standard Statistics Co. Matu-
rites. redemptions and calls on the
same classes of obligations will amount
to $117,5l7,e0O for February. Detailed
figures. giving the amounts for major
industries, follow:
Calls. redsmp-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
Will Head Pathe Exchange.

NEW YORK, February 2 [P).-Lee
Marcus, vice president Of the Radio
Keith-Orpheum Corporation, is to be-
come president of the reorganized Pathe
EXCHANGE Inc
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02
NEW YORK CURB MARKET s::;;. Il. :1: :: S "s

Note-Au stocks are sold in one hundred-share lots
excepting those designated by the letter (S0s) 25os,
which shows those stocks were sold in odd lots
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-02

Expr
2A Ia Sou Cal Ed. Apr 20 IL 2& q 1924
Dividend dollars quarterly
annual
stock Payable Adjust
ment dividend Plus 81 Plus
IL in stock. Plus AZ n m
- in stock. n in stock