davidaulloa/AmericanStories huggingface dataset:
The Daily Alaska empire., 1931-12-09
Stephen J. Chadwick.
Seattle Times.)

So long as life remains to any of them, the friends of Stephen J. Chadwick will mourn for the loss of him. The suddennesS of his death, finding them utterly unprepared, sharpens the grief of the moment but the period of continuing sorrow must long endure for it may truly be said that who has ever made his home in this city, this State this Pacific Northwest had more friends than he
 The for this is not hard to seek for Judge Chadwick above all else, a friendly man. not with any of the artificiates of the ood-mix- ing hand-shakng type, but with unmistakable sincerity a desire for friendships, that instantly evoked response in all with whom he into contact He liked people; people liked him; and trace of sef-interest entered into the equation from either side
 Of Judge ChadWicks public career, his long and fine service high officer of the judiciary, it seems scarcely necessary to speak, for its own commendation is written into the records of the courts and indslibly impressed upon the public consciousness. Had he wished he might have re- mained the bench to the end of his days; and in any capacity that he could have been induced to act the public behalf his service would have been equally distinguished by selfrespect that first necessary attribute of true manhood and by devo- ton to the rights of the people
 Good and great man, and loya. friend, Steve Chadwick has left us all too soon.
The Daily Alaska empire., 1931-12-09
BEWARE THE
 COUGH OR COLD
 THAT HANGS ON

Persistent coughs and colds lead to serious trouble. You can stop them now with Creomulsion, an emulsi6ed creosote that is pleasant to take. Creomulsion is a new medical discovery with two-fold ac. tion; it soothes and heals the inAamed membranes and inhibits germ growth.
 Of all known drugs, creosote is recog. nized by high medical authorities as one of the greatest healing agencies for per- sistent coughs and colds and other forms of throat troubles. Creomulsion contains, in addition to creosote, other healing ele- ments which soothe and heal the infected membranes and stop the irritation and inflammation, while the creosote goes on to the stomach, is absorbed into the blood, attacks the seat of the trouble and checks the growth of the germs.
 Creomulsion is guaranteed satisfac- tory in the treatment of persistent coughs and colds, bronchial asthma, bronchitis and other forms of respira. tory diseases, and is excellent for building up the system after colds or flu. Money refunded if any cough or cold, no matter of how long standing, is not relieved after taking according to directions. Ask your druggist (adv.)
The Daily Alaska empire., 1931-12-09
THE PIONEERS CHRISTMAS FUND.

w D. Gross has started the annual solicitation for funds for cash Christmas gift to the residents of the Pioneers Home at Sitka. It was eight years ago that he began this custom. In the beginning he conducted the drive almost single handed with the aid of the Coliseum theatres in Southeast Alaska which he controls Now other theatre managers and other organizations have taken up the work which has extended throughout Alaska and into the Pacific Coast States This year the Juneau Elks have joined in the campaign and have donated the use of their fine hall for a iitney dance to take place December l9 benefit for the fund.
 This is a worthy cause and the citizens ought to give the movement the same sort of support they have given it in the past. The old Pioneers are well provided for by the Territory and get good care from the efficient management of the insti-
The Daily Alaska empire., 1931-12-09
BAZAAR ADDS CLERKS
 FOR YULETIDE TRADE

Christmas shopping has started early at the Cash Bazaar. The management of the store has add ed to it's clerical force in order to give quick and efficient service to customers. Thomas Allen and Mrs. J. M. Giovanetti are now em- ployed in the establishment, and other capable persons will join the sales force as Yuletide business increases.
 Buy that fur coaJ now. Cnas. Goldstein & Go. -adv.
The Daily Alaska empire., 1931-12-09
LEAVES
 ON BRIEF CRUISE

For cruise in neighboring wat CTS, the United States Coast Guard cutter Tallapoosa, Capt. c. N. Dench, Commander, left her base n Juneau this morning. She may 90 as far south as Petersburg. She is expected to return here Friday night or Saturday forenoon.
The Daily Alaska empire., 1931-12-09
PROMISED TOO MUCH.

The second year after the people elected Presi- dent Hoover to .banish poverty from the land and establish prosperity as a permanent institu- ton individual incomes of the country decreased more than seven billion dollars
 This ought to suggest to candidates for office that it is foolish to make extravagant promises One tell what the future will bring forth. President Hoovers promise for his party in that acceptance speech at Palo Alto was doubt less made in good faith, but he was lot over confident. He promised too much
The Daily Alaska empire., 1931-12-09

tuition. but they appreciate the annual contribution of cash which each man might spend as he sees fit-except that he cannot any of it to witness motion picture productions at Sitka. All residents of the Pioneers Home admitted to MT. Gross's theatre at that place free of charge
 Let the contributions for 1881 be liberal as have been those in other years and give the Pioneers an opportunity to have some cash of their own
The Daily Alaska empire., 1931-12-09

It may be that the only thing capable of bring ing the Japs to their will be bigger and better earthquakes.-( Indianapolis Star)
The Daily Alaska empire., 1931-12-09

would be to admit it for coinage into legal tender money at such ratio with gold as would be fair and just That policy would relieve depressing conditions in many sections of the world and stimulate trade revival
The Daily Alaska empire., 1931-12-09

Great Britain sounds an economy note by an- nouncing that it will build the cheapest cruiser - Milwaukee JOurnal)
The Washington times., 1931-12-16

share, the study shows. This rep
resents an aggregate annual rate
of So, 464, $50. 900.
Despite the stock market crash
in the fall of 1929, the average
per share payment increased regu-
larly into February of the follow.
ing year, when it amounted to
$3.05. The same rate held for
March, but no advance was re-
corded in any later month. with
the result that the continuous de-
cline has brought the index down
to $2.05 on December /, 1881, rep
resenting at that time a total an
nual payment of $1,883, 100, 900.
The progressive decline over the
last 81 months would be even
more substantial, the analysis
comments, were it not for the
stabilizing influence of some Of
the largest companies. At present
six companies, or per cent Of the
total, are diSbursing Is per cent
of the aggregate dividends, and
their payments collectively are
The Washington times., 1931-12-16
Dividend Rate Nearly Third
Less Than at 1880 Peak

The average weighted dividend
rate on the 900 active stocks
listed on the New York Stock Ex-
change on December I had de-
clined 32.8 per cent from the
peak registered in March, 1880, &C.
cording to a new study of divi-
dend action issued for the first
time today by Moody's Investors
Service.
The compilation is based on
every active stock
traded in on the exchange. to-
gether with 80 bank and insur-
ance stocks quoted over the coun,
ter. In June, 1929, when the SUI.
vey was begun, about 80 per cent
of the total number were on a
dividend basis, while at the pres
ent time only so per cent are
cash dividend.
Climbed After Crash
For the entire 600 stocks, the
weighted average dividend rate at
the middle of 1929 was $2.Ss per
The Washington times., 1931-12-16
D. c. FIRM T|[TS
DIVIDENDS

Dividend action was taken By
three portant Washington
firms yesterday, one boosting the
return to stockholders, one play
ing even and the other reduc 'ng.
John c. Eckhardt, president,
announced that the Columbia
Planograph Company had dou-
bled it's dividend for the last
half of the year. going Up from
8 per cent to s per cent. This
dividend, payable January / to
stockholders of record December
16, puts the company on a 9
rer cent annual basis.
The American Security AID
Trust Company board declared
the regular quarterly dividend of
3 per cent, plus the special OF
2 per cent cuStomarily paid in
January of the last 10 years.
Payment will be January II next,
to holders Of record December 81
The Capital Traction Comp my,
which has earned $2.65 per share
in the last II months and Is ex-
pected to bring this. close to So
for the year, cut its quarterly divi-
dend in half, from 81 down to
so cents. making the total pay
ment for the year $3.50, or SO
cents more than prospective earn
inQS.
The Washington times., 1931-12-16
GAINS At CLOTH.
MILLS SEEN

CHARLOTTE, N. c., Dec. 16.
Some improvement is reported
here in the cotton-mill position
during the past week. Chief in.
terest centered in efforts by
Southern mills to strengthen the
print cloth situation through CO.
operative curtailment. The mar
ket for print cloths had been de-
moralized for several weeks by
price cutting and overproduction.
resulting in price levels we'll be-
low production costs.
Announcement that two most
important groups of print cloth
mills, headed by Elliott Springs
and j. C. Self, would reduce pro.
duction by Is per cent for an in.
definite period, provided the in
dustry as a whole would give CO.
operation, resulted in somewhat
better prices. These mills have
not previously co-operated with
other producers in seeking to
regulate production.
The Washington times., 1931-12-16
Bear Drives
Caused Latest Slump

sharpest drop in bank loans on
securities came in the first week
of October, and such loans have
fallen more than $550,00O,000 in
two and a half months, against
a drop Of only about $1,000, ,00O,-
900 in the preceding years.
The great weak spot in the
market, in my opinion, lies in
blocks of stock put up as cOlIat-
eral for bank loans. The trend of
such loans indicates that liqui-
datiOn has become more urgent.
Another Break Likely
Undoubtedly distribution has
been going on under cover of
support. But another sharp break
as in early october is at least a
possibility.
Doubtless several holdings of
leading issues now carried on
loans by banks will have to be
sold. This, it seems, is likely to
bring selling climax"
I would beware of those former
favorites which have recently been
supported" against the general
trend.
The market looks lower. Il
would not follow any rally which
may develop on some surprise
news.
The Washington times., 1931-12-16
G|VES|
SHORT DATA

Total short position on the New
York Stock Exchange decreased
more than 100000 shares in the
six months ended November "a,
when it was S,5s4,161 shares,
Richard Whitney. president, told
members Of the Syracuse Chamber
of Commerce last night. other
statements included:
Short Interests Small
Only IS stocks since May IS
have had an individual short in
terest at one time of over 100000
shares, and these issues have had
the steadiest market and the mar
rowest price fluctuation.
The greatest short interest in
any single stock at any time was
406, 900 shares in General Motors,
which has 43,50O,000 common
shares outstanding.
Daily "in-and-out" short trans
actions since September 26 have
never exceeded 1o.41 per cent of
total daily sales on the exchange.
Under 5 Per Cent
During a period of steadily de-
clining prices (May IS to No
vember 800 short selling amount
ed to less than 5 per cent of the
securities sold.
Number of separate accounts
having short commitments on
November "a was 12,254, so that
the average was less than 800
shares,
The Washington times., 1931-12-16
TRUCK AND RAIL
MEN MEET
lHiEhl Low Last

NEW YORK, Dec. 16.-Leading
industrial and railroad traffic
men from throughout the east,
ern section of the country will
meet in the Pennsylvania Hotel
here tomorrow and Friday to sSt.
tend the eighth annual meeting
of the Atlantic States Shippers
Advisory Board.
Election of officers scheduled
for the Friday session, after A.
j. Brosseau, president of Mack
Trucks Inc, speaks on How Mo-
tor Trucks and Railroads,
Through Coordination of Effort,
Can Best Serve the Transporta-
ton Needs of the Country"
1t is expected the meeting will
bring together approximately six
hundred representatives of that
branch of industry whose chief
concern is the settlement of
transportation problems and the
improvement Of underlying con-
ditions generally without recourse
to the Interstate Commerce Com
mission or other regulatory bodies.
The Washington times., 1931-12-16
AVERAGE CRUDE
PRICES HOLD

The average price Of crude
petroleum at 10 representative
producing fields was unchanged
last week from the preceding
week at 89.1c per barrel. The
average at this time a year ago
was $1.2412 per barrel, according
to the Oil, Paint and Drug Re
porter.
Gasoline at the refineries was
lower last week at 4.3l25 cents
per gallon at four principal re-
filming centers, compared with
4.375c per gallon in the preced,
ing week. The average at this
time last year was 5.31 cents
per gallon.
Gasoline at service stations in
10 representative markets was
also lower last week at an
average of 1872 cents per gal
Ion, compared with 1892 cents
per gallon in the preceding
week. The average at this time
a year ago was 1888 cents per
gallon.
Domestic crude oil production
from January l to December IL
was estimated by the above
authority at 811,S68,00O barrels,
compared with 863, 1854, 900 barrels
in the corresponding period Of
last year.
The Washington times., 1931-12-16
DIP NEAR POINT
BELOW LEVEL
At OPENING
IndustriaIs and Utilities Led
Downward by U. S. Steel
and Telephone
BY w. s. COUSINS

NEW YORK, Dec. 16 0N.S0
Stocks swung nervously through
a narrow range of prices today,
the whole list pushing ahead
moderately at the outset and re-
acting under selling pressure
later.
In the Wall Street brokerage
houses considerable interest was
displayed in the stock exchanges
voluminous report on the short
interest outstanding in the active
stocks on November 80.
Big Increase Shown
On that date the short inter-
est was 3,745,642, an increase of
nearly 100000 shares since
October 7.
United States Steel, American
Telephone and General Motors
Sagged in that period under heavy
short selling, United States Steel
carrying short interest of 332,.
S87 shares and General Motors
about 100000 shares.
The industrials and utilities
dropped off about point on the
average from the opening level,
end losses in some of the favo :;as
were larger.
United States Steel started the
session at 41A md fell off to
S912 under persistent selling.
American Telephone ar Tele-
graph in the same period dropped
off points from It's opening price
of 123%.
American Can, Consolidated
Gas, Bethlehem Steel and East
man Kodak were under pressure.
Atchison led the reaction in
the rails and fell off to a new
low at 81, down 21a.
U. 5. Steel Report Awaited
The Iron Ages Weekly survey
shove a decline in steel mills
operations to 25 per cent of Ca
pacity, and the Steel Corpora
tion's Monthly report on incom-
ing orders at noon was awaited
with considerable interest.
Grain and cotton rose frac-
tionally. Call money was in good
supply at 212 per cent.
Rail Donds rallied at the outset,
but sagged as selling pressure in
cree d in the second hour.
The Washington times., 1931-12-16
BY LEWIS HANEY

Director New York University Bureau
of Business Research
Last week the averages lost
about a point a day, and the
volume of selling increased rather
steadily.
The bond market continued its
Sickening slump, domestic bonds
losing more than So a hundred,
and preferred stocks broke right
and left.
Liquidation General
The utilities showed special
weakness. Steels lost heavily.
Sharp breaks occurred in such
favorites as Eastman Kodak. Air
Reduction and American Tobacco.
Worst of all from a stock mar
ket point of view, scores of good
ordinary stocks which have
seemed fairly cheap steadily sag
ged. This shows general liquida-
ton.
1t certainly is not short selling
or "bear drives"
Trusts Unloading
I think we are witnessing the
final period of liquidation by
bank affilates, investment trusts
and big new era investors"
It may be significant that the
The Washington times., 1931-12-16

for 36 rails was almost exactly
the same, amounting to Al per
cent. 1t is interesting to note,
however, that the peak Of rail-
road dividends was established
nine months later than that for
induStrials."
Computation Method
The survey des cribes the
method of computation as fol.
lows: For, each of the 900 com
panies there is made a monthly
record of the total annual cash
dividends which would be paid on
the basis of the most recently an.
nounced rate. Each months ag'
gregate of dividends for all 500
companies is then divided by the
tota; number. of shares outStand.
ing during the month, after ad'
justing for stock dividends and
splits.
This procedure eliminates from
the average dividend rate the ef'
feet of changes in share capital
iZation.
The Washington times., 1931-12-16

now slightly larger than in March
1890. -
Variations Are Wide
With the six companies elimi
mated, the decline from the peak
is found to be 39.2 per cent
rather than 1913 per cent, Moody's
adds:
"Wide variation between in
dividual groups are evident.
The best showing has been
made by the utilities and banks.
with respective drops of only
SO per cent and 6 per cent
from their peak m o n h S.
Among industriaIS, most stable
records are held by the car
manufacturing, food, shoe and
tobacco companies. At the
other end of the scale are the
copper, miscellaneous mining
and theater stocks.
For 492 industrial stocks the
decrease from q peak of De-
cember, 1929, has been 41.2 per
cent. COincidentally, the drop
The Washington times., 1931-12-16

erratic fashion. American Gas
and Electric, after an early show
of strength which carried it to
38, fell back to SO, exactly un-
changed from its previous close.
Electric Bond and Share eased
from its high of 10; to 92s for
a loss of 5s.
Specialties resumed their down.
ward trek, with Aluminium off 3
points at 81, Great Atlantic and
Pacific off l at 1876, Singer Man.
ufacturing off l at 119, and
Fajajdo Sugar off l at 18.
Investment trusts were virtually
at their lows of the year, with
insult Utility Investments show
ing the widest drop with a 1-poir1t
dip to 7A.
Curb bonds were relatively
steady.
The Washington times., 1931-12-16
Cadillac Company
Is EmpLOying 5000

DETROIT, Dec. 16.-Cadillac
Motor Car Co. is now operating
on a normal payroll of approx
mately 5000 employees which
probably will be maintained
throughout the winter months,
according to L. P. Fisher, pres
ident.
Between 200 and 800 more
men, all former regular employees,
will be added to the company's
payroll within the next few
weeks, Mr.. Fisher said.
The Washington times., 1931-12-16
Freight Loads Gain
1859 Cars in Week

Loading of revenue freight for
the week ended on Decembtr B
totaled 636,366 cars, the Ameri-
can Railway Association an
nounced today.
This was an increase Of 7T5S9
cars above the preceding week
this year, when freight loadings
were reduced somewhat owing to
the Thanksgiving holiday.
It was, however, a reduction
Of 150,706 cars below the cor
responding week last year and
1864 cars under the CORE
spending week two years ago.
The Washington times., 1931-12-16
General Baking Co.
Increases Surplus

Frederick H. Frazier, chairman
of General Baking Company,
states that the company will show
100000 added to surplus for the
year 1881 after all charges and
dividends on both preferred and
common stocks.
The Washington times., 1931-12-16
PRICES ON CURB
SEEKING NEW
BOTTOMS
Reaction Quickly Succeeds
FIeeting Rally Coming
at Trade Opening

NEW YORK, De-. 16 UN.S0.
Reactionary tendencies speedily
replaced the fleeting rallying
wave which appeared in the
early half of today's curb session,
and the majority of active trad
ing once more threatened to
break through into new low
ground for the year.
Utilities churned around in
The Washington times., 1931-12-16
GLidden Co. Reduces
Debts bH S5OO,OOO

CLEVELAND, Tee. 16.-The
Glidden Co. has bought in $780,
900 of its debentureS.
The purchase was made at the
recent low prices, and this amount
will be retired.
The Washington times., 1931-12-16
BENDIX CLUTCH CONTROL

Clutch control, product of the
Bendix Aviation Corp, will be in.
stalled on approximately one-half
the automobiles produced in the
United States during 1882, &C.
cording to a letter mailed to Ben.
dix stockholders.
The Washington times., 1931-12-16
VERA CRUZ COFFEE TAX

Coffee tax in the State of Vera
Cruz, one Of Mexico's principal
coffee producing States, has been
reduced from 4 centavos to 2 CEN
tavos per kilogram in order to help
growers. Chiapas is likely to take
a similar step.
The Washington times., 1931-12-16
n EWS
In Today's
CLASSIFIED ADS

BUNGALOW FOR sALE-ROck-
bungalow s: % can be modern SGec6asSd Groom m
realty reduced price Of eS. 75O: half
acre of land convenient lOca-
tiOn.
ROOMS FOR RENT-In beautiful
EoOn; in private home :. ali new
only 10 minutes by bus to
downtown downtown section SS6 per
LINENS AND JEWELRY-Beauti-
tut luncheon sets of Chinese linen.
embroidered pajAmas, rings and
many other pieces Of unusual jew
elry at greatly reduced prices
see them today and make your
Christmas selections.
USED CAR FOR sALE-La Sale
1880 sport DhaetOn fine con-
S1nSh SOnSht fEOSSR0us for SHIS s1.a7s can resi Ss
bargain at that price.
APARTMENT FOR RENT-Long-
s fellow rdS6. ST. k,tcba beautiful Hn Ps apartment
by appointments Reasonable
rental.
WHERE TO EAT-We specialize in
spaghetti and homemade Italian
q the city ot"Tfy tFy tS "s fSS f0SaE p'ss ss
OsO's. the spaghetti House.
These are "sideIio6ts" on some Of NAM
Interesting advertisements you lciH find IL
Oddy'S CIGssif!sd Ads.
The Washington times., 1931-12-16
CHEEKY Trade
News Notes

ID. C. firm doubles dividend
rate.
Freight loads increase by
$1,000 cars.
Glidden Co. buys in $780,
600 debentureS.
General Baking Co. adds
$500, 900 to surplus.
Cadillac Company is add
ing employees.
The Washington times., 1931-12-16
WASHINGTON STOCK EXCHANGE
SALES

SALES
Washington Gas IS A. $4,000
10oK.
Washington Gas IS B, 10000
1031a, $500@l0312.
Washington Railway and Elec-
trio As, $1,000@81.
Lanston Monotype, 10@66.
AFTER CALL
Washington Gas IS A, $1,000
1O0K, $4,000 100, $1,000 100.
Washington Gas IS B, $1,000
100.
Potomac Electric 512s per cent
pfd, 4@1O5A.
Potomac Electric 5h per cent
pfd, 2@105A.
Public Utility Bonds Bid Ask
Amer Tel & Tel AIS 3D.. l1O7% l.....
Am Tel & Tel Ctl Tr IS. lt01 .....
AnacOstia & Pot r 5s....l 50 65
Ana & Pot Guar 5s....... S8 95
C & p Tel Of Va SIS .a..tlO1 Hos
Cap Traction R 5s -. 66h 6Sh
City Suburban bs. ...... GO 10
GEORGETOWN Gas list 5s.. 100 80;
Potomac EIeo Cons 5s.. 101K l1O2h
Wash Alex & Mt v Ctf.. i 2 49,.
Washington Gas 4hs... 81 90
Washington Gas Ss,.......IO0 l101
Wash Gas ss series A,.... 100 l101
Wash Gas &c series B.ssoS.I1OSktssoos
The Washington times., 1931-12-16

Canada
New York funds in Montreal, $192.50
premium at $1,000.
Montreal funds in New York. $1S2.50
discount at $1,000.
The Washington times., 1931-12-16

) ) ~ ) A } A y =
Nogales international., 1931-05-02
"THE BLUE ANGEL" AT
FOX THEATER TODAY

Overlooking with the richest of
screen values-direction, acting,
photography, music eye-and-ear
interest," 1.-The Blue Angel will be
shown today at the Fox Nogales
Theatre.
In 1.-The Blue .ngel' which can
be called "epic" without fear of
contradiction. there is enough en-
tertainment material to make three
films of similar length. Three good
films, at that. So concentrated, so
intense, is the entertainment fare
served up in this delectable film
dish, that the most voracious film
fans appetite cannot but be ap-
paased by it.
"The Blue Angel" is Emil jan
nings' first talkie. That alone should
call for some kind OF blast on the
trumpet or other. But in addition
to this there are two other great
names in 1.-The Blue Angel" which
individually would be unequivocal
guarantees of its success as box
office attraction, Joseph Won Stern
berg, the director; and Marlene
Dietrich, the blond and beauteous
leading lady.